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Atlantic Health System Inc

Foundation · Grantmaker Morristown, NJ EIN: 22-3380375 Website

Establish, maintain, sponsor, and promote activities relating to the improvement of human health and the provision of care to the sick and injured through its wholly owned subsidiary, AHS Hospital Corp. The system provides the Hospital Corp and other subsidiaries with general and professional liability coverage under a self-insurance plan and through an affiliated entity.

Key facts about Atlantic Health System Inc

EIN
22-3380375
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$6,130,381
Grants made (2024)
1
Average grant
$6,130,381
Median grant
$6,130,381
Total assets
$294,410,932
Primary geography
New Jersey (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Atlantic Health System Inc gives

  • Giving held roughly steady from 2021 to 2024 (−16%). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Atlantic Health System Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$294.4M

+73.7% YoY

Annual Giving

$6.1M

+3.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$6.1M

+3.9% YoY

About Atlantic Health System Inc

Based on IRS filings

Atlantic Health System Inc is a nonprofit organization focused on Health, based in Morristown, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $294.4M in total assets. In 2024, it awarded 1 grant totaling $6.1M. Net investment income was $1.2M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

Morristown

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$12M$16M20202021202220232024
Metric202420232022
Total Assets$294,410,932$169,462,646$133,364,306
Revenue$8,049,102$9,524,927$7,573,385
Expenses$7,515,395$7,015,883$6,825,762
Qualifying Distributions———
Net Investment Income$1,224,732$944,800$179,121
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$5M$7M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

AHS Hospital Corp: $6.1MAHS Hospital Corp$6.1M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include AHS Hospital Corp ($6,130,381).

RecipientPurposeAmount
AHS Hospital Corp Morristown, NJProgram Services.$6,130,381

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Brian GragnolatiPresident & CEO2—
Christopher R ReidyTrustee-AHS2—
Grant Parr MDTrustee-AHS2—
John F Vigorita MDTrustee-AHS2—
Laura Ann Kelly-Vice ChairTrustee-AHS2—
Richard W HerbstTrustee-AHS2—
Robert E McCracken-ChairTrustee-AHS2—
Finn WentworthTrustee-AHS2—
Sean NicholsonTrustee-AHS2—
Dennis WilsonTrustee-AHS2—
Jeanine LiburdTrustee-AHS2—
Arthur OrdunaTrustee-AHS2—
Justice Jaynee LaVecchiaTrustee-AHS2—
Mai Pham MDTrustee-AHS2—
Michael RangerTrustee-AHS2—
Muhammad Feteiha MDTrustee-AHS2—
Kevin LenahanEVP-Chief Bus & Strategy O2—
Sheilah O'HalloranEVP-General Counsel2—
Michael WalterSVP-Chief Financial Office2—
Katharine DriebeVP, Finance——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Atlantic Health System Inc?

Atlantic Health System Inc is a nonprofit organization focused on Health, based in Morristown, NJ. It holds $294.4M in total assets as of 2024.

How large is Atlantic Health System Inc?

As of 2024, Atlantic Health System Inc holds $294.4M in total assets with $8.0M in annual revenue. It awarded 1 grant totaling $6.1M in 2024.

Where does Atlantic Health System Inc operate?

Atlantic Health System Inc has awarded grants in New Jersey.

What size grants does Atlantic Health System Inc award?

In 2024, Atlantic Health System Inc awarded 1 grant totaling $6.1M — an average of about $6.1M per grant, based on its IRS Form 990 filings.

What is Atlantic Health System Inc's EIN?

Atlantic Health System Inc's EIN (Employer Identification Number) is 22-3380375. IRS Form 990 filing data is available on this page for 2020–2024.

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

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