FURP.ORG / PUBLIC DATA EXPLORER

THE GREENWICH HOSPITAL ENDOWMENT FUND: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
THE GREENWICH HOSPITAL ENDOWMENT FUND (EIN 06-1526642)
Tax period
2022-10-01 to 2023-09-30
Filed
2024-08-14
IRS object ID
202442279349301654
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-08-14T09:49:35-05:00ReturnTs
Tax Period End2023-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN111986323PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARCUM LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1555 LONG WHARF DRIVEAddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06511ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061526642EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE GREENWICH HOSPITAL ENDOWMENTBusinessNameLine1Txt
Business Name Line2FUND INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGREEBusinessNameControlTxt
Phone4758974155PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 PERRYRIDGE ROADAddressLine1Txt
CityGREENWICHCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06830ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonARTHUR MARTINEZPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4758974155PhoneNum
Signature2024-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARY ANTONETTIPreparerPersonNm
PTINP00431862PTIN
Phone2037819600PhoneNum
Preparation2024-08-08PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerARTHUR MARTINEZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 PERRYRIDGE ROADAddressLine1Txt
CityGREENWICHCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06830ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$36,252,047GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1998FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionTO SOLICIT, RECEIVE, MAINTAIN, HOLD, MANAGE AND ADMINISTER ENDOWMENT FUNDS OF GREENWICH HOSPITAL.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI-$10,057TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$170,281PYContributionsGrantsAmt
CY Contributions Grants$84,258CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$7,233,473PYInvestmentIncomeAmt
CY Investment Income$3,046,304CYInvestmentIncomeAmt
PY Other Revenue-$286,583PYOtherRevenueAmt
CY Other Revenue-$8,750CYOtherRevenueAmt
PY Total Revenue$7,117,171PYTotalRevenueAmt
CY Total Revenue$3,121,812CYTotalRevenueAmt
PY Grants And Similar Paid$5,525,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$6,025,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$371,456PYOtherExpensesAmt
CY Other Expenses$377,689CYOtherExpensesAmt
PY Total Expenses$5,896,456PYTotalExpensesAmt
CY Total Expenses$6,402,689CYTotalExpensesAmt
PY Revenues Less Expenses$1,220,715PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$3,280,877CYRevenuesLessExpensesAmt
Total Assets BOY$110,731,873TotalAssetsBOYAmt
Total Assets EOY$116,413,167TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$110,731,873NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$116,413,167NetAssetsOrFundBalancesEOYAmt
MissionSUPPORTING ORGANIZATION OF GREENWICH HOSPITALMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,025,000ExpenseAmt
Grant$6,025,000GrantAmt
DescTHE GREENWICH HOSPITAL ENDOWMENT'S FUNCTION IS TO SOLICIT, RECEIVE, MAINTAIN, HOLD, AND MANAGE AND ADMINISTER FUNDS, INCLUDING, WITHOUT LIMITATION, ENDOWMENT FUNDS OF GREENWICH HOSPITAL.Desc
Total Program Service Expenses$6,025,000TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARIA MASSIMIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4758974155PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 PERRYRIDGE ROADAddressLine1Txt
CityGREENWICHCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06830ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
PETER DAPUZZO
TRUSTEE1.00Yes (X)$0$0$0
HANNAH STRASSER
TRUSTEE1.00Yes (X)$0$0$0
GREG MARTINEZ
TRUSTEE1.00Yes (X)$0$0$0
ANNE JUGE
TRUSTEE, TREASURER & SECRETARY1.00Yes (X)$0$0$0Yes (X)
ARTHUR MARTINEZ
TRUSTEE, PRESIDENT & CHAIR1.00Yes (X)$0$0$0Yes (X)
MICHAEL ANGELINI
TRUSTEE1.00Yes (X)$0$0$0
ROB BERKLEY
TRUSTEE1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MONTICELLO ASSOCIATESBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11800 LARIMER STREET SUITE 2100AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80202ZIPCd
FieldValueIRS element (for citing)
ServicesINVESTMENT MANAGEMENTServicesDesc
Compensation$125,000CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$84,258AllOtherContributionsAmt
Total Contributions$84,258TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$849,568TotalRevenueColumnAmt
Exclusion$849,568ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$33,783,241SecuritiesAmt
Other$1,543,730OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$31,586,505SecuritiesAmt
Other$1,543,730OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,196,736SecuritiesAmt
Other$0OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,196,736TotalRevenueColumnAmt
Exclusion$2,196,736ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
STATE TAX REFUND900099$1,307$1,307
INCOME FROM PARTNERSHIP INVESTMEN523000-$10,057-$10,057
FieldValueIRS element (for citing)
Other Revenue Total-$8,750OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,121,812TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$10,057UnrelatedBusinessRevenueAmt
Exclusion$3,047,611ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$6,025,000TotalAmt
Program Services$6,025,000ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$93,844TotalAmt
Management And General$93,844ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$210,604TotalAmt
Management And General$210,604ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$72,691TotalAmt
Management And General$72,691ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$550TotalAmt
Management And General$550ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,402,689TotalAmt
Program Services$6,025,000ProgramServicesAmt
Management And General$377,689ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,168,517BOYAmt
EOY$825,785EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,927,253BOYAmt
EOY$1,776,511EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$22,598,581BOYAmt
EOY$19,171,465EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$79,037,522BOYAmt
EOY$94,639,406EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$110,731,873BOYAmt
EOY$116,413,167EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$76,656,734BOYAmt
EOY$81,266,949EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$34,075,139BOYAmt
EOY$35,146,218EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$110,731,873BOYAmt
EOY$116,413,167EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$110,731,873BOYAmt
EOY$116,413,167EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$3,280,877ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$9,062,171NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments-$100,000PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Func IntYes (X)SupportingOrgType3FuncIntInd
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1GREENWICH HOSPITALBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN060646659EIN
Organization Type3OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$6,025,000SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$6,025,000SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

FieldValueIRS element (for citing)
Timely Provided DocumentsYes (1)TimelyProvidedDocumentsInd
Officers Close RelationshipYes (1)OfficersCloseRelationshipInd
Supported Org Voice Investment0SupportedOrgVoiceInvestmentInd

Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp

FieldValueIRS element (for citing)
Activities TestYes (X)ActivitiesTestInd
Activities Further Exempt PrpsYes (1)ActivitiesFurtherExemptPrpsInd
Activities Engaged Org InvlmntYes (1)ActivitiesEngagedOrgInvlmntInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, SECTION E, LINE 2A:THE FILING ORGANIZATION WAS ESTABLISHED TO SOLICIT, RECEIVE, MAINTAIN, HOLD, MANAGE AND ADMINISTER FUNDS, INCLUDING, WITHOUT LIMITATION, ENDOWMENT FUNDS OF GREENWICH HOSPITAL AND TO USE, APPLY AND DISTRIBUTE THE WHOLE OR ANY PART OF THE INCOME AND PRINCIPAL EXCLUSIVELY TO, OR FOR THE BENEFIT OF, GREENWICH HOSPITAL. THE FILING ORGANIZATION'S BOARD INCLUDES MEMBERS OF GREENWICH HOSPITAL'S BOARD PROVIDING FOR THE FILING ORGANIZATION TO BE RESPONSIVE TO THE NEEDS OF GREENWICH HOSPITAL.
PART IV, SECTION E, LINE 2B:WITHOUT THE FILING ORGANIZATION'S INVOLVEMENT, GREENWICH HOSPITAL WOULD NEED TO UNDERTAKE THESE INVESTING ACTIVITIES ITSELF WERE THE FILING ORGANIZATION NOT MANAGING THESE INVESTMENTS.

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$110,731,873BeginningYearBalanceAmt
Contributions$84,258ContributionsAmt
Investment Earnings Or Losses$11,845,189InvestmentEarningsOrLossesAmt
Other Expenditures$6,248,153OtherExpendituresAmt
End Year Balance$116,413,167EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$137,715,157BeginningYearBalanceAmt
Contributions$170,281ContributionsAmt
Investment Earnings Or Losses-$21,422,217InvestmentEarningsOrLossesAmt
Other Expenditures$5,731,348OtherExpendituresAmt
End Year Balance$110,731,873EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$118,804,129BeginningYearBalanceAmt
Contributions$4,994ContributionsAmt
Investment Earnings Or Losses$24,101,371InvestmentEarningsOrLossesAmt
Other Expenditures$5,195,337OtherExpendituresAmt
End Year Balance$137,715,157EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$98,624,871BeginningYearBalanceAmt
Contributions$10,435,560ContributionsAmt
Investment Earnings Or Losses$14,685,698InvestmentEarningsOrLossesAmt
Other Expenditures$4,942,000OtherExpendituresAmt
End Year Balance$118,804,129EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$102,653,551BeginningYearBalanceAmt
Contributions$160,150ContributionsAmt
Investment Earnings Or Losses$1,087,170InvestmentEarningsOrLossesAmt
Other Expenditures$5,276,000OtherExpendituresAmt
End Year Balance$98,624,871EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.69809BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.27512PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.02679TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescOTHER SECURITIESDesc
Book Value$94,639,406BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$94,639,406TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$11,904,447TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$9,062,171NetUnrealizedGainsInvstAmt
Other Revenue-$125,000OtherRevenueAmt
Revenue Not Reported$8,937,171RevenueNotReportedAmt
Revenue Subtotal$2,967,276RevenueSubtotalAmt
Investment Expenses Not Incld$153,229InvestmentExpensesNotIncldAmt
Other Revenues Not Included$1,307OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$154,536RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,121,812TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,223,153TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included-$1,307OtherExpensesIncludedAmt
Expenses Not Reported-$1,307ExpensesNotReportedAmt
Expenses Subtotal$6,224,460ExpensesSubtotalAmt
Investment Expenses Not Incld2$153,229InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$25,000OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$178,229ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,402,689TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE ENDOWED FUNDS' INTENDED USE IS TO GENERATE INCOME TO SUPPORT GREENWICH HOSPITAL PROGRAM SERVICE FUNCTIONS AND OTHER OPERATIONS.
PART X, LINE 2:THE GHEF IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. UNDER U.S. GAAP, THE GHEF IS REQUIRED TO EVALUATE TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE LIKELY THAN NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY BASED UPON THE TECHNICAL MERITS OF THE POSITION. THERE ARE CURRENTLY NO EXAMINATIONS PENDING OR IN PROGRESS. THE GHEF RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. THIS EVALUATION HAD NO IMPACT ON THE OPERATIONS OF THE GHEF AS OF AND FOR THE YEARS ENDED SEPTEMBER 30, 2023 AND 2022.
PART XI, LINE 2D - OTHER ADJUSTMENTS:GRANT EXPENSE NETTED AGAINST CONTRIBUTIONS ON THE FINANCIAL STATEMENTS -25,000. PRIOR PERIOD ADJUSTMENT -100,000.
PART XI, LINE 4B - OTHER ADJUSTMENTS:RECLASS OF MISCELLANEOUS INCOME FROM STATEMENT OF FUNCATIONAL EXPENSES 1,307.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RECLASS OF MISCELLANEOUS INCOME FROM STATEMENT OF FUNCATIONAL EXPENSES -1,307.
PART XII, LINE 4B - OTHER ADJUSTMENTS:GRANT EXPENSE NETTED AGAINST CONTRIBUTIONS ON THE FINANCIAL STATEMENTS 25,000.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionCENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,RegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedINVESTMENTTypeOfActivitiesConductedTxt
Region Total Expenditures$47,689,012RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$47,689,012SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$47,689,012TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III ACCOUNTING METHOD:
PART 1, LINE 3:THE AMOUNT OF INVESTMENTS REPORTED IN PART I ARE REPORTED AT FAIR MARKET VALUE.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1GREENWICH HOSPITALBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 PERRYRIDGE ROADAddressLine1Txt
CityGREENWICHCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06830ZIPCd
FieldValueIRS element (for citing)
Recipient EIN060646659RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$6,025,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantSUPPORT ORGANIZATIONPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS A SUPPORTING ORGANIZATION TO GREENWICH HOSPITAL. GRANTS ARE MADE TO GREENWICH HOSPITAL ON AN ANNUAL BASIS IN ACCORDANCE WITH SUPPORT TO GREENWICH HOSPITAL'S MISSION. RECORDS ARE MAINTAINED TO SUBSTANTIATE THE AMOUNT OF THE GRANTS PAID.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1ATHE ORGANIZATION SOUGHT TO CONFIRM THE INDEPENDENCE OF EACH VOTING MEMBER OF ITS GOVERNING BODY BY REQUESTING THAT EACH SUCH VOTING MEMBER RESPOND TO A QUESTIONNAIRE CONTAINING THE PERTINENT INSTRUCTIONS AND DEFINITIONS AND DESIGNED TO ELICIT THE INFORMATION NECESSARY TO DETERMINE INDEPENDENCE. IN THE EVENT THAT THE ORGANIZATION DOES NOT RECEIVE A RESPONSE FROM ANY SUCH VOTING MEMBER, THE ORGANIZATION REVIEWS OTHER INFORMATION KNOWN TO IT REGARDING THE VOTING MEMBER AND MAKES A REASONABLE ASSESSMENT OF INDEPENDENCE BASED ON THAT INFORMATION.
FORM 990, PART VI, SECTION A, LINE 2ARTHUR MARTINEZ (FATHER) AND GREG MARTINEZ (SON) BOTH SERVE AS DIRECTORS OF THE GREENWICH HOSPITAL ENDOWMENT FUND, INC. BOARD. CERTAIN OF THE ORGANIZATION'S CURRENT OFFICERS AND/OR TRUSTEES MAY SERVE AS OFFICERS AND/OR DIRECTORS OF TAX-EXEMPT AND TAXABLE AFFILIATES WITHIN THE ORGANIZATION'S CORPORATE SYSTEM OR JOINT VENTURES IN WHICH THE ORGANIZATION'S CORPORATE SYSTEM HAS AN OWNERSHIP INTEREST. THE INDIVIDUAL OFFICERS AND/OR TRUSTEES DO NOT HAVE PERSONAL FINANCIAL INTERESTS IN SUCH AFFILIATES AND SERVE ONLY AS A FUNCTION OF THEIR ROLES WITH THE ORGANIZATION OR WITHIN THE ORGANIZATION'S CORPORATE SYSTEM.
FORM 990, PART VI, SECTION A, LINE 7ATHE ORGANIZATION DOES NOT HAVE MEMBERS. HOWEVER, PURSUANT TO THE ORGANIZATION'S BYLAWS, YALE NEW HAVEN HEALTH SERVICES CORPORATION (YNHHS) HAS THE RIGHT TO DESIGNATE ONE REPRESENTATIVE OF YNHHS TO SERVE AS A DIRECTOR OF THE ORGANIZATION.
FORM 990, PART VI, SECTION A, LINE 7BPURSUANT TO THE ORGANIZATION'S BYLAWS, THE ORGANIZATION'S CERTIFICATE OF INCORPORATION AND BYLAWS MAY ONLY BE AMENDED UPON APPROVAL OF GREENWICH HOSPITAL AND YNHHS.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 AND ATTACHED SCHEDULES ARE PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANT, MARCUM LLP. A COMPLETE COPY OF THE RETURN IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTRUSTEES, OFFICERS AND KEY EMPLOYEES, IF ANY, ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT UPON TAKING OFFICE AND ANNUALLY THEREAFTER. THEY ARE ALSO REQUIRED TO PROMPTLY REPORT CHANGES TO THEIR MOST RECENTLY COMPLETED DISCLOSURE. THE DISCLOSURE STATEMENTS ARE REVIEWED WITH THE CHAIR OF THE BOARD. IF A POTENTIAL CONFLICT ARISES THE BOARD CHAIR, WITH ADVICE OF COUNSEL IF APPROPRIATE, WOULD DEVELOP A PLAN TO MITIGATE ANY ACTUAL CONFLICT OF INTEREST. FOR EXAMPLE, A VOTING BOARD MEMBER WOULD BE REQUIRED TO RECUSE HIM OR HERSELF FROM VOTING ON MATTERS WITH WHICH SHE OR HE HAS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST AND THE ACTUAL OR POTENTIAL CONFLICT OF INTEREST WOULD BE DISCLOSED TO THE OTHER VOTING MEMBERS.
FORM 990, PART VI, SECTION C, LINE 19COPIES OF ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART VI, LINE 15:THE ORGANIZATION HAS NO EMPLOYEES.
FORM 990, PART XII, LINE 2C:THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1GREENWICH HOSPITALBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 PERRYRIDGE ROADAddressLine1Txt
CityGREENWICHCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06830ZIPCd
FieldValueIRS element (for citing)
EIN060646659EIN
Primary ActivitiesHEALTHCARE SERVICESPrimaryActivitiesTxt
Legal Domicile StateCTLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 3PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1YALE NEW HAVEN HEALTH SERVICES CORPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
GREENWICH HOSPITAL
B$6,025,000CASH
GREENWICH HOSPITAL
O$50,000CASH