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.
Key facts about Centrastate Healthcare Foundation Inc
In short: Centrastate Healthcare Foundation Inc gave $5.1M across 4 grants in 2024 (avg $1.3M), mostly in New Jersey. Source: 2024 IRS Form 990.
- EIN
- 22-2383065
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $5,106,959
- Grants made (2024)
- 4
- Average grant
- $1,276,740
- Median grant
- $15,100
- Total assets
- $18,925,771
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · 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
How Centrastate Healthcare Foundation Inc gives
- Giving grew 201% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Centrastate Healthcare Foundation Inc
Based on IRS filings
Centrastate Healthcare Foundation Inc is a public charity 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
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.7M (2021) to $5.9M (2023). In 2024 it made 4 grants totaling $5.1M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Centrastate Medical Center Inc ($5.1M). Together the top 4 received $5.1M.
Grant Size Distribution
36 grants across all recorded years
The most common grant size was under $50K: 27 grants of 36 (75%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Centrastate Medical Center Inc Freehold, NJ | General Support | $5,070,809 |
| VNA health group inc Holmdel, NJ | General Support | $20,000 |
| Special Strides Monroe Township, NJ | General Support | $10,200 |
| Monmouth Council Boy Scouts of America Morganville, NJ | General Support | $5,950 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
| Net Investment Income | $1,479,722 | $468,453 | $1,154,000 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 9, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Centrastate Healthcare Foundation Inc is led by THOMAS W SCOTT fache fabc, Trustee, Csmc President & CEO on the 2024 filing; none of the 27 officers listed in 2024 report compensation.
Officers on the 2024 filing
THOMAS W SCOTT fache fabc
Trustee, Csmc President & CEO
New on the 2024 filing
55 hrs/week
No compensation reported
Brett Taft
Chair - Trustee
Trustee → Vice Chair - Trustee, 2021
Vice Chair - Trustee → Chair - Trustee, 2024
On filings since 2020
1 hr/week
No compensation reported
Andrew J. Santoro Jr.
Trustee
On filings since 2020
1 hr/week
No compensation reported
Anthony J. Marino MD
Trustee
On filings since 2020
50 hrs/week
No compensation reported
Blake Laurence
Trustee
On filings since 2020
1 hr/week
No compensation reported
Edward M. Soffen MD
Trustee
On filings since 2020
1 hr/week
No compensation reported
Joseph Iantosca
Trustee
Trustee → Chair - Trustee, 2021
Chair - Trustee → Trustee, 2024
On filings since 2020
1 hr/week
No compensation reported
Julian Leone
Trustee
On filings since 2020
1 hr/week
No compensation reported
June B. Duck MD
Trustee
On filings since 2020
1 hr/week
No compensation reported
Kenneth R. Tomkovich MD
Trustee
On filings since 2020
1 hr/week
No compensation reported
Larry Metz
Trustee
On filings since 2020
1 hr/week
No compensation reported
Nancy Barone
Trustee & Vice President Development
Vice President Development → Trustee & Vice President Development, 2023
On filings since 2020
50 hrs/week
No compensation reported
Peter G. Licata
Trustee
On filings since 2020
1 hr/week
No compensation reported
Robert Kash
Trustee
On filings since 2020
1 hr/week
No compensation reported
Robert McGirr
Trustee
On filings since 2020
1 hr/week
No compensation reported
Sanjay Mehta Do Faap
Trustee
On filings since 2020
1 hr/week
No compensation reported
Thomas M. Hogan
Trustee
On filings since 2020
1 hr/week
No compensation reported
Vincent Labbate
Secretary & Tresurer - Trustee
Secretary & Treasurer - Trustee → Secretary & Tresurer - Trustee, 2021
On filings since 2020
1 hr/week
No compensation reported
William J. Setaro
Trustee
On filings since 2020
1 hr/week
No compensation reported
Erix Buxbaum DO
Trustee
On filings since 2021
1 hr/week
No compensation reported
Kenneth J. Reilly Cws
Trustee
On filings since 2021
1 hr/week
No compensation reported
John F. Eggert
Trustee
On filings since 2022
1 hr/week
No compensation reported
Mattew Siegel Aif Bfa
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Ralph Pizarro Ross
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Daniel Jackson
Vice Chair - Trustee
Trustee → Vice Chair - Trustee, 2024
On filings since 2020
1 hr/week
No compensation reported
John A. Dellocono
Csmc Senior Vice President & CFO
On filings since 2020
55 hrs/week
No compensation reported
Laura L. Schilare MBA CPA
Csmc Vice President Finance
New on the 2024 filing
50 hrs/week
No compensation reported
Former officers (5)
- Former: John M. Cantalupo Esq. (2020–2023) — Trustee
- Former: Robert Gordon DDS (2020–2023) — Trustee
- Former: Thomas W. Scott Fache (2023) — Trustee, Csmc President & CEO
- Former: John T. Gribbin (2020–2022) — Trustee, Csmc President & CEO
- Former: Thomas W. Scott (2020–2022) — Trustee, Csmc President & CEO
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Centrastate Healthcare Foundation Inc
How much does Centrastate Healthcare Foundation Inc give each year?
Centrastate Healthcare Foundation Inc gave $5.1M across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $5.9M across 8 grants.
What is Centrastate Healthcare Foundation Inc's typical grant size?
Centrastate Healthcare Foundation Inc's median grant in 2024 was $15,100, and its average grant was $1,276,740, across 4 grants on its 2024 IRS Form 990.
Where does Centrastate Healthcare Foundation Inc give grants?
Centrastate Healthcare Foundation Inc gives mostly in New Jersey: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there.
Does Centrastate Healthcare Foundation Inc give general operating support?
Yes: 100% of Centrastate Healthcare Foundation Inc's 2024 grants with a stated purpose (4 of 4) were for general or operating support, per its 2024 IRS Form 990.
How large is Centrastate Healthcare Foundation Inc?
Centrastate Healthcare Foundation Inc reported $18.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.4M.
What is Centrastate Healthcare Foundation Inc?
Centrastate Healthcare Foundation Inc is a public charity focused on Health, based in Freehold, NJ. It holds $18.9M in total assets as of 2024.
What is Centrastate Healthcare Foundation Inc's EIN?
Centrastate Healthcare Foundation Inc's EIN (Employer Identification Number) is 22-2383065. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Centrastate Healthcare Foundation Inc by hand.
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