Edward J Ill Excellence in Medicine Foundation Inc

PRINCETON, NJ EIN: 20-8498347

To promote and encourage excellence in medical care and healthcare. To recognize excellence in our healthcare system and to provide significant scholarships to students who represent these values. The Foundation seeks to promote excellence by providing scholarships to NJ residents who are medical, dental, pharmaceutical and physician assistant students at NJ schools. The students selected have demonstrated excellence in scholarship, research, leadership and civic engagement and intend to practice in NJ.

Financial Overview

From 2023 IRS Form 990-PF

Total Assets

-100.0% YoY

Annual Giving

$151K

Grant Count

6

Avg Grant Size

$25K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$401K$601K$802K2020202120222023
Metric202320222021
Total Assets$491,340$601,056
Revenue$252,405$206,097$288,050
Expenses$728,900$271,522$313,760
Qualifying Distributions
Net Investment Income$405$418$899
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$38K$75K$113K$151K0 grants20200 grants20210 grants20226 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2023

New Jersey Health Founda…$83KHackensack Meridian$15KFairleigh Dickinson Univ…$15KRowan University Foundat…$15KRowan University$15KSeton Hall University$8K

Grant Size Distribution

6 grants across all recorded years

5<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Edward J Ill Excellence in Medicine Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
Paul J Hirsch MDTrustee Chairman1
Patricia A CostanteTrustee Vice Chairman1
Christopher S BatemanTrustee1
Nina L GowatyTrustee1
George F Heinrich MDTrustee1
Peter A InversoTrustee1
Michael J McDonough PhDTrustee1
Michael J SchoppmanTrustee1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

EdisonStratford

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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