2022-05-12T16:37:06-05:00 2021-06-30 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2020-07-01 030430873 New Jersey Health Foundation Inc % AGGIE WORTHINGTON NEWJ 9087316610 155 Village Blvd Suite Ste 130 Princeton NJ 08540 Aggie Worthington VP Finance 9087316610 2022-05-10 true Aggie Worthington 999009999 Israel Tannenbaum P01589203 7328281614 3 2020 2022-09-23 18:48:47Z Aggie Worthington 155 Village BlvdSte 130 Princeton NJ 08540 2477723 false X www.njhealthfoundation.org X 2002 DE The Organization's mission is to support healthcare education, research and patient care programs in New Jersey and other scientific, charitable, literary and educational purposes. 12 12 12 12 254738 228264 530811 446123 0 0 2609223 2031600 0 0 3140034 2477723 7244517 7670943 0 0 2183557 2045565 0 0 0 544043 586909 9972117 10303417 -6832083 -7825694 176302881 225307235 3493617 4446000 172809264 220861235 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. false false 5741417 5741417 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. 3829876 1927981 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 and Rowan School of Osteopathic Medicine to help further research in a wide variety of medical and scientific areas. 2145 2145 Payments to charitable gift annuitant holders. 9573438 true true false false false false false false true true true true false false true true false true false false false false false false false false false true false true false false false false false false false false true false false false true true false false false true 14 0 true 12 true true true false false false false false false false X 12 12 false false false false true true true true true false false true true true true true true true true false NJ X AGGIE WORTHINGTON 9087316610 150 VILLAGE BLVD SUITE 130 Princeton NJ 08540 James M Golubieski President 30.0 10.0 X 535442 0 74069 Aggie Worthington VP Finance 30.0 10.0 X 276938 0 33233 Michael Wiley VP 35.0 5.0 X 273796 0 32856 Laura Harrel VP Admin and HR 35.0 5.0 X 214895 0 46427 Christine Caruso Director Venture Comm. 40.0 0.0 X 149515 0 27757 Dean Janeway Chair 1.0 1.0 X X 0 0 0 George F Heinrich MD Vice Chair and CEO 10.0 2.0 X X 0 0 0 Sandra Brown Sherman Esq Secretary 1.0 1.0 X X 0 0 0 Susan J Flynn Hollander Treasurer 1.0 0.0 X X 0 0 0 Roger S Fine Esq Director 1.0 0.0 X 0 0 0 Suzann B Goldstein Director 1.0 0.0 X 0 0 0 Andrew M Grumet Esq Director 1.0 0.0 X 0 0 0 Bruce A Harris Esq Director 1.0 0.0 X 0 0 0 Murray Kushner Director 1.0 0.0 X 0 0 0 Robert W Parsons Jr Director 1.0 0.0 X 0 0 0 Robert W Pierce II Director 1.0 0.0 X 0 0 0 Timothy M Ring Director 1.0 0.0 X 0 0 0 1450586 0 214342 5 false true false 0 446123 107227 446123 0 2031600 254738 1776862 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2477723 254738 1776862 7670943 7670943 0 0 0 952068 470104 481964 0 0 852113 775902 76211 118806 106885 11921 68619 52496 16123 53959 47251 6708 0 113605 99919 13686 35844 35844 0 0 0 0 0 74455 74455 42373 35010 7363 0 151723 113792 37931 0 0 0 0 0 40302 30226 10076 128607 96455 32152 10303417 9573438 729979 0 207964 291411 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1201042 972997 209418 120906 128814 88512 119732260 157871974 53627180 64256278 0 0 0 0 1405621 1826063 176302881 225307235 731029 832156 1595196 1556632 0 0 0 0 0 1005000 0 0 0 0 0 0 1167392 1052212 3493617 4446000 X 47488208 62406034 125321056 158455201 172809264 220861235 176302881 225307235 -7825694 56364346 -486681 X false true X true false X X X 1 FOUNDATION FOR HEALTH ADVANCEMENT 812316726 7 true 33100 0 1 33100 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 169090173 85775 55812451 4883212 3256127 478292 216370768 180292926 141258 -2988581 5048523 2812691 494216 169090173 184490448 94750 5254044 6860570 3357396 -671650 180292926 176158862 158079 18108257 6677800 4070209 -813259 184490448 158118550 145009 28379871 6679789 4445410 -640631 176158862 0.26000 0.53000 0.21000 false false 15812 6324 9488 193606 114582 79024 88512 63037440 F 1218838 C 64256278 0 LEASE LIABILITY - OPERATING 1052212 1052212 X Schedule D, Part IV, Line 2b The funds held in escrow represent money held by a trustee on behalf of shareholders party to the sale of affiliated company. The funds are subject to an Escrow Agreement and will be released over time subject to the terms of the agreement. Schedule D, Part V, Line 4 The intended uses for the endowment funds are governed by the underlying endowment agreements entered into by and between the specific donor and NJHF. The uses include, but are not limited to, faculty chairs, research, construction of facilities, lectureships and scholarships and fellowships. Schedule D, Part X, Line 2 The Foundation had no unrecognized tax liabilities or uncertain tax positions at June 30, 2021. The Organization did not have any tax related interest or penalties for the periods reported in these consolidated financial statements. true Rutgers University College Avenue New Brunswick NJ 08901 228001086 501c3 6383256 Research grants to support specific research and technology at Rutgers. Stevens Institute of Technology 1 Castle Point Terrace Hoboken NJ 07030 221487354 501c3 47676 Research grants to support specific research and technology at Stevens Institute of Technology. Rowan University 42 East Laurel Road Stratford NJ 08084 222764819 501c3 802301 Research grants to support specific research and technology at Rowan School of Osteopathic Medicine at Rowan University. Princeton University West College Avenue Princeton NJ 08540 210634501 501c3 83573 Research grants to support specific research and technology at Princeton University. New Jersey Institute of Technology Martin Luther King Boulevard Newark NJ 07102 226000910 501c3 104620 Research grants to support specific research and technology at NJIT. Kessler Foundation Eagle Rock Avenue East Hanover NJ 07936 311562134 501c3 154274 Research grants to support specific research and technology at Kessler Institute. 6 0 Schedule I, Part I, Line 2 Grants are awarded to Rutgers University, Rowan University, New Jersey Institute of Technology, Princeton University and Stevens Institute of Technology to support specific research and technology subject to grant submission and approval by a committee of the board of directors. Investment income from permanently restricted endowment 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 and financial reports are submitted detailing the use of the funding and the research completed. X X false false false false false false false false false James M Golubieski President 445025 82017 8400 64253 9816 609511 68347 Aggie Worthington VP Finance 231779 45159 33233 310171 37632 Michael Wiley VP 228776 45020 32856 306652 37517 Laura Harrel VP Admin and HR 179272 35623 25787 20640 261322 29685 Christine Caruso Director Venture Comm. 149515 17941 9816 177272 X 2 107227 MV 0 false true false Schedule M, Part I, Line 9 The noncash contributions consist of two contributions of stock from the same donor on two separate dates. Form 990, Part VI, Section B, Line 11b Form 990 is compiled by the VP of Finance with the assistance of the VP of HR and Administration. The completed draft return is sent to an outside tax professional who reviews the return. The completed return is then reviewed by the Chief Executive Officer and President. Modifications to the return based on those review are made. The Finance Committee the reviews the return and provides any comments and recommendations. The 990 is finalized and sent to the full board of directors. Form 990, Part VI, Section B, Line 12c All officers and directors must 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 and will update the information provided in the event of any material change. Form 990, Part VI, Section B, Line 15 The Compensation Committee consisting of the Vice Chair, Chair and Secretary of the Board of Directors must 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 Ste 130 Princeton NJ 08540 030430873 Invest NJ 1395622 3423038 NJ Health Fd Health Start NJ 155 Village Blvd Ste 130 Princeton NJ 08540 030430873 Invest NJ 0 0 NJ Health Fd Foundation for Health Advancement 155 Village Blvd Ste 130 Princeton NJ 08540 812316726 Support NJ 501(c)(3) 7 na false false false false false false false false false false false false true false false true false false false false