Newport Hospital Foundation
Programs
Financial Support for Operating Activities
During fiscal year 2022, NHF transferred $5,810,200 from its unrestricted net assets to NHCC Medical Associates, Inc. in support of its operating activities.GeographiesNot indicatedDatesOct 1, 2021 – Sep 30, 2022Source990No causes providedNo populations provided–$5.8MPhilanthropic Support for Community
Through the development and administration of its philanthropic activities, in fiscal year 2022 NHF transferred funds raised in the aggregate amount of $2,542,228 to NH to support its capital expenditures and operations, which in turn benefits the southern Rhode Island community. Most significantly, $1,048,737 was transferred to NH to defray costs related to medical equipment upgrades related to an Open MRI machine, CT Scanner, and mammography units at the Portsmouth Diagnostic Imaging Center. Other notable operating activities of NH supported by NHF include: funding (1) NH's Norman Prince Neurosciences Institute ($346,500), (2) the van Beuren "Workforce Well Being" program ($250,000), (3) additional "Beyond the Building" Emergency Department renovations ($244,016), (4) exoskeleton equipment for the NH Rehabilitation units ($210,000), (5) and the NH Birthing Center Fund ($152,500).GeographiesNot indicatedDatesOct 1, 2021 – Sep 30, 2022Source990No causes providedNo populations provided–$2.5MCommunity Grants Funding
In fiscal year 2022, NHF provided Newport Communty School $35,000 to assist in funding community grants.GeographiesNot indicatedDatesOct 1, 2021 – Sep 30, 2022Source990No causes providedNo populations provided–$35K
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