Foundation for University Hospital
THE FOUNDATION FOR UNIVERSITY HOSPITAL WAS FORMED IN 2014 FOR THE EXCLUSIVE PURPOSE OF SUPPORTING THE OPERATIONS OF UNIVERSITY HOSPITAL AND THE HOSPITAL'S PUBLIC MISSION TO PROVIDE A COMPREHENSIVE HEALTHCARE PROGRAM AND HEALTHCARE SERVICES TO THE GREATER NEWARK COMMUNITY, INCLUDING OUTREACH AND MOBILE HEALTH SERVICES, IN ACCORDANCE WITH THE SPIRIT AND INTENT OF THE "AGREEMENTS REACHED BETWEEN COMMUNITY AND GOVERNMENT NEGOTIATORS REGARDING NEW JERSEY COLLEGE OF MEDICINE AND DENTISTRY AND RELATED MATTERS OF APRIL 30, 1968," AS WELL AS SERVICES IN COLLABORATION WITH THE NEWARK BASED SCHOOLS OF RUTGERS BIOMEDICAL AND HEALTH SCIENCES.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$3.6M
-10.4% YoY
Annual Giving
$3.4M
+152.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$3.4M
+152.7% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,619,677 | $4,040,088 | $4,020,892 |
| Revenue | $3,622,140 | $2,571,233 | $2,770,486 |
| Expenses | $4,258,838 | $2,925,157 | $2,283,971 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $262,840 | $45,999 | $50,056 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Foundation for University Hospital fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL A CURI | CHAIRMAN | 2 | — |
| CALVIN RANDOLPH LEDFORD | VICE CHAIRMAN (ELECTED CHAIRMAN) | 2 | — |
| BARBARA KAUFMAN | TRUSTEE | 1 | — |
| CECILIA I LASSITER | TRUSTEE | 1 | — |
| JENNIFER ERDELYI | TRUSTEE | 1 | — |
| JOSEPH L MUSCARELLE | TRUSTEE | 1 | — |
| MARJORIE PERRY | TRUSTEE | 1 | — |
| JESSICA BACKOFEN | EXECUTIVE DIRECTOR | 40 | $250,000 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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