Centrastate Healthcare Foundation Inc logo

Centrastate Healthcare Foundation Inc

FREEHOLD, NJ EIN: 22-2383065 Website

TO SUPPORT THE CHARITABLE PURPOSES, PROGRAMS AND SERVICES OF CENTRASTATE MEDICAL CENTER, INC.; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION, AND OTHER CENTRASTATE HEALTHCARE SYSTEM, INC. AFFILIATES, WHICH PROVIDES MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$18.9M

-10.4% YoY

Annual Giving

$5.1M

-14.1% YoY

Grant Count

4

-50.0% YoY

Avg Grant Size

$1.3M

+71.8% YoY

About Centrastate Healthcare Foundation Inc

Based on IRS filings

Centrastate Healthcare Foundation Inc is a nonprofit organization focused on Health, based in FREEHOLD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.9M in total assets. In 2024, it awarded 4 grants totaling $5.1M. Net investment income was $1.5M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

FreeholdHolmdelMonroe TownshipMorganvilleNeptuneToms RiverWallWoodbridge

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$9M20202021202220232024
Metric202420232022
Total Assets$18,925,771$21,131,762$18,325,479
Revenue$3,436,832$8,576,515$6,740,166
Expenses$6,520,546$7,435,430$5,592,196
Qualifying Distributions
Net Investment Income$1,479,722$468,453$1,154,000
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$6M7 grants20208 grants20218 grants20228 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

CENTRASTATE MEDICAL CENT…$5.1MVNA health group inc$20KSPECIAL STRIDES$10KMONMOUTH COUNCIL BOY SCO…$6K

Grant Size Distribution

35 grants across all recorded years

26<$50K$50–100K1$100–250K3$250–500K$500K–1M3$1–5M2$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THOMAS W SCOTT fache fabcTRUSTEE/CSMC PRESIDENT/CEO55
JOHN A DELLOCONOCSMC SVP/CFO (TERM 7/24)55
NANCY BARONETRUSTEE/VP DEVELOPMENT50
LAURA L SCHILARE MBA CPACSMC VP FINANCE50
ANTHONY J MARINO MDTRUSTEE50
BRETT TAFTCHAIR - TRUSTEE1
DANIEL JACKSONVICE CHAIR - TRUSTEE1
VINCENT LABBATESECRETARY/TRESURER - TRUSTEE1
ERIX BUXBAUM DOTRUSTEE1
JUNE B DUCK MDTRUSTEE1
JOHN F EGGERTTRUSTEE1
THOMAS M HOGANTRUSTEE1
JOSEPH IANTOSCATRUSTEE1
ROBERT KASHTRUSTEE1
BLAKE LAURENCETRUSTEE1
JULIAN LEONETRUSTEE1
PETER G LICATATRUSTEE1
ROBERT MCGIRRTRUSTEE1
SANJAY MEHTA DO FAAPTRUSTEE1
LARRY METZTRUSTEE1
KENNETH J REILLY CWSTRUSTEE1
RALPH PIZARRO ROSSTRUSTEE1
ANDREW J SANTORO JRTRUSTEE1
WILLIAM J SETAROTRUSTEE1
MATTEW SIEGEL AIF BFATRUSTEE1
EDWARD M SOFFEN MDTRUSTEE1
KENNETH R TOMKOVICH MDTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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