Overview

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Est.

2013

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Summit Medical Group Foundation Inc is a nonprofit organization focused on improving access to healthcare for underserved individuals in the community while educating and inspiring current and future healthcare leaders. With an operating budget of $648.5K and total revenue of $1.4M for the fiscal year 2024, the foundation is supported by diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.sh-cares.org.

Mission Statement

IMPROVE ACCESS TO HEALTHCARE FOR UNDERSERVED INDIVIDUALS IN OUR COMMUNITY AND HELP EDUCATE AND INSPIRE OUR CURRENT AND FUTURE HEALTHCARE LEADERS.
Revenues
$1.4M
Expenses
$964.4K
Net Income:
+$473.6K
Assets
$9.6M
Liabilities
$368.4K
Net Assets:
+$9.3M
Operating Budget
$648.5K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
15
Median grant size
$17.3K
Largest grant received
$133.8K
S
Sondra Barrison
Board Member
K
Katherine Liu
Board Member
P
Peter Hoglund CFP Aif
Board Member

Frequently Asked Questions

What is The Summit Medical Group Foundation Inc’s budget?
In 2024, The Summit Medical Group Foundation Inc reported an annual operating budget of around $648 thousand. More detailed financial information is available to registered users.
What causes does The Summit Medical Group Foundation Inc support?
The Summit Medical Group Foundation Inc supports work in Health.
Where does The Summit Medical Group Foundation Inc operate?
The Summit Medical Group Foundation Inc is headquartered in New Providence, NJ.
Who funded The Summit Medical Group Foundation Inc recently?
In 2025, The Summit Medical Group Foundation Inc received grants from AMERICAN ONLINE GIVING FOUNDATION INC, BUTCHKIE FOUNDATION INC C/O JEFFREY LE BENGER, and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant The Summit Medical Group Foundation Inc received in 2024?
The largest grant to The Summit Medical Group Foundation Inc in 2024 exceeds $134 thousand.