2025-12-04T10:51:09-07:00 2025-06-30 Thomas Lanning CPA 2185 Dreamscape Dr Bluffton SC 29909 990 2024-07-01 030430873 NEW JERSEY HEALTH FOUNDATION INC NEWJ 9087316610 155 Village Blvd Suite 130 Princeton NJ 08540 Aggie Worthington Vice President & CFO 9087316610 2025-12-04 1 1 Thomas Lanning P00851654 7325399078 2025-11-30 2024 2025-03-06 01:10:19Z James Golubieski 155 Village Blvd Ste 130 Princeton NJ 08540 13963524 0 X www.njhealthfoundation.org X 2002 DE The Organization's mission is to support healthcare education, research and patient care programs in the State of New Jersey and for other scientific, charitable, literary and educational purposes. 11 11 13 11 0 0 3604971 11725782 0 0 1835967 2237742 0 0 5440938 13963524 9594733 11584805 0 0 2114205 2160202 0 0 0 809016 1005541 12517954 14750548 -7077016 -787024 227229212 250445986 3773728 3728984 223455484 246717002 The Organization's mission is to support healthcare education, research and patient care programs in the State of New Jersey and for other scientific, charitable, literary and educational purposes. 0 0 6661016 6661016 0 The organization provided grants to support faculty chairs, research scholarships, fellowships and other programs at Rutgers School of Biomedical and Health Sciences and Rowan School or Osteopathic Medicine in accordance with donor restrictions 7351978 4919254 0 The organization provided grants to the faculty of Rutgers School of Biomedical Health Sciences, New Jersey Institute of Technology, Princeton University, Stevens Institute of Technology, Kessler Foundation, Cooper University Healthcare, Hackensack Meridian Health and Rowan School of Osteopathic Medicine to help further research in a wide variety of medical and scientific areas. 4535 4535 0 Payments to charitable gift annuitant holders. 0 0 0 14017529 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 16 0 1 13 1 1 1 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X New Jersey Health Foundation Aggie Worthington VP & CFO 9087316610 155 Village Blvd Suite 130 Princeton NJ 08540 James M Golubieski President & CEO 30 10 X X 599792 0 23016 Aggie Worthington VP Finance & CFO 30 10 X 293744 0 0 Laura Harrel VP Admin and HR 35 5 X 217503 0 12984 Dean Janeway Chair 1 1 X X 0 0 0 Sandra Brown Sherman Esq Secretary 1 1 X X 0 0 0 Susan J Flynn Hollander Treasurer 1 0 X X 0 0 0 Roger S Fine Esq Director 1 0 X 0 0 0 Suzann B Goldstein Director 1 0 X 0 0 0 Andrew M Grumet Esq Director 1 0 X 0 0 0 Bruce A Harris Esq Director 1 0 X 0 0 0 Murray Kushner Director 1 0 X 0 0 0 Robert W Pierce II Director 1 0 X 0 0 0 Patricia C Costante Director 1 0 X 0 0 0 Paul J Hirsch MD Director 1 0 X 0 0 0 1111039 0 36000 4 0 1 0 0 0 0 0 0 0 11725782 1524809 11725782 0 2237742 0 0 2237742 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13963524 0 0 2237742 11584805 11584805 0 0 0 0 0 0 1488567 1081863 406704 0 0 0 0 0 541992 406494 135498 0 65037 37722 27315 0 44654 25899 18755 0 19952 11572 8380 0 0 0 0 0 50153 37615 12538 0 42380 31785 10595 0 0 0 0 0 0 0 0 0 0 0 0 0 80781 61041 19740 0 118161 90308 27853 0 0 0 0 0 159155 119366 39789 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2258 1694 564 0 134506 100880 33626 0 Management fee -38000 -28500 -9500 0 456147 454985 1162 0 14750548 14017529 733019 0 466605 241439 0 0 0 0 0 0 0 0 0 0 700000 1799680 0 0 0 0 214157 208979 7436 5178 169479858 190295039 55905147 57203798 0 0 0 0 670166 900852 227229212 250445986 1019475 909743 1895640 2237171 0 0 0 0 30000 0 0 0 0 0 0 0 828613 582070 3773728 3728984 X 57223236 59246928 166232248 187470074 223455484 246717002 227229212 250445986 -787024 24547701 0 -499159 0 0 X 0 1 X 1 0 X X X 1 Foundation for Health Advancement 812316726 7 1 38000 0 1 38000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 222545797 10074052 26074750 6074603 8344712 757192 243518092 206352479 3348371 25190469 4881862 6908865 554795 222545797 185688227 10095445 21620789 5102991 5543707 405284 206352479 216370768 219001 -19776240 5101638 5544855 478809 185688227 169090173 85775 55812451 4883212 3256127 478292 216370768 0.27 0.73 0 0 0 0 0 0 0 0 0 0 0 20551 15373 5178 0 193606 193606 0 0 0 0 0 5178 53178255 F 4025543 C 57203798 0 Obligation under lease agreement 582070 582070 X Schedule D, Part V, Line 4 Endowment distributions are made in accordance with the direction set forth in the donor agreement. Schedule D, Part X, Line 2 New Jersey Health Foundation files tax returns in the U.S. federal jurisdiction and is registered as a charity in New Jersey. The foundation had no unrecognized tax liabilities or uncertain tax positions at June 30, 2025 and 2024. The Organization did not recognize any tax-related interest or penalties for the periods reported in these consolidated financial statements. 1 Rutgers University College Avenue New Brunswick NJ 08901 228001086 115 7360232 0 Grants to support researchers early stage innovative ideas and grants to support research programs/scholarships at the University. Stevens Institute of Technology 1 Castle Point Terrace Hoboken NJ 07030 221487354 501c3 12275 0 Grants to support researchers early stage innovative ideas. Rowan University 42 Laurel Road Stratford NJ 08064 222764819 115 1810593 0 Grants to support researchers early stage innovative ideas and grants to support research programs/scholarships at the University. Princeton University West College Avenue Princeton NJ 08540 210634501 501c3 49018 0 Grants to support researchers early stage innovative ideas. University Hospital 150 Bergen Street Newark NJ 07103 471686351 501c3 121500 0 Grants to support researchers early stage innovative ideas. New Jersey Institute of Technology Martin Luther King Boulevard Newark NJ 07103 226000910 115 327000 0 Grants to support researchers early stage innovative ideas. Cooper University Hospital 1 Cooper Plaza Camden NJ 08103 210634462 501c3 211000 0 Grants to support researchers early stage innovative ideas. Hackensack Meridian Health 399 Thornall St Edison NJ 08837 010649794 501c3 997198 0 Grants to support researchers early stage innovative ideas. Kessler Foundation Eagle Rock Road East Hanover NJ 07936 311562134 501c3 167183 0 Grants to support researchers early stage innovative ideas. Stuart Country Day School 1200 Stuart Rd Princeton NJ 08540 210744683 501c3 50000 0 Grant to support student program. Union County Vocational Technical School 1776 Raritan Rd Scotch Plains NJ 07076 814152850 501c3 100000 0 Grant to support student programs at UCVT. Virtua Health 406 Lippincott Dr Marlton NJ 08053 223524939 81-4152850 118058 0 Grants to support researchers early stage innovative ideas. 9 3 Schedule I, Part I, Line 2 Grants are awarded to NJHF affiliated organizations to support specific research and technology subject to specific research and technology subject to grant submission and approval by a committee of the board of directors. Investment income from permanently restricted endowed funds are used in accordance with the donors intent. Award letters are sent to the university specifying the amount of the grant specific department and purpose of the grant. For NJHF research grants, final programmatic reports are submitted detailing the use of the funding and the research completed. X X X 0 0 0 0 0 0 0 0 0 James M Golubieski President & CEO 599792 0 0 0 0 0 71975 0 23016 0 694783 0 0 0 Aggie Worthington VP Finance 293744 0 0 0 0 0 35249 0 0 0 328993 0 0 0 Laura Harrel VP Admin and HR 217503 0 0 0 0 0 26100 0 12984 0 256587 0 0 0 X 2 1333513 FMV 0 0 1 0 Form 990, Part VI, Section A, Line 6 The sole member of New Jersey Health Foundation is Foundation for Health Advancement. Form 990, Part VI, Section A, Line 7a The Foundation for Health Advancement elects/appoints the board members of the governing body of New Jersey Health Foundation. Form 990, Part VI, Section A, Line 7b The annual budget of New Jersey Health Foundation (NJHF) requires approval of the Member. In addition, NJHF shall not encumber any assets/make distributions of assets without the consent of the Member. Form 990, Part VI, Section B, Line 11b Form 990 is compiled by the CFO with the assistance of the VP of HR/Admin. The completed draft return is sent to an outside tax professional who reviews the return. The completed return is then reviewed by the CEO/President. Any modifications to the return based on those reviews are made. The Finance Committee reviews the return and provides any comments/recommendations. The 990 is finalized and sent to the full board of directors prior to submission. Form 990, Part VI, Section B, Line 12c All officers and directors complete a conflict of interest questionnaire on an annual basis. In addition, all individuals completing the questionnaire acknowledge by signature that they agree to comply with the conflict of interest policy. Form 990, Part VI, Section B, Line 15 The compensation committee consisting of the Vice Chair, Chair and Secretary of the Board of Directors of NJHF meet annually to review and approve the compensation of the president and officers of the organization. The process includes review and approval by the compensation committee through the use of comparable compensation information, contemporaneous documentation and recordkeeping. Form 990, Part VI, Section C, Line 19 The governing documents, conflict of interest policy and financial statements of the organization are available upon request. Foundation Venture Capital Group 155 Village Blvd Suite 130 Princeton NJ 08540 Invest NJ 0 3646180 New Jersey Health Foundation Health Start NJ 155 Village Blvd Suite130 Princeton NJ 08540 Invest NJ 0 0 New Jersey Health Foundation Foundation for Health Advancement 155 Village Blvd Ste 130 Princeton NJ 08540 812316726 Support research at affiliated organizations through Innovation Grant Program and related activities NJ 501(c)(3) 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0