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 · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$151K
Grant Count
6
Avg Grant Size
$25K
About Edward J Ill Excellence in Medicine Foundation Inc
Based on IRS filings
Edward J Ill Excellence in Medicine Foundation Inc is a nonprofit organization focused on Health, based in PRINCETON, NJ. IRS filing data is available from 2020 through 2023. In 2023, it awarded 6 grants totaling $151K. Net investment income was $405.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2023
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include New Jersey Health Foundation ($83,000), Hackensack Meridian ($15,000), Fairleigh Dickinson University ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Hackensack Meridian Edison, NJ | To provide scholarships to medical students at school to offset tuition. | $15,000 |
| Fairleigh Dickinson University | To provide scholarships to pharmacy students to offset tuition. | $15,000 |
| New Jersey Health Foundation | To provide scholarships to medical/dental students at Rutgers University in NJ. | $83,000 |
| Rowan University Foundation | To provide scholarships to medical students to offset tuition. | $15,000 |
| Rowan University Stratford, NJ | To provide scholarships to medical students to offset tuition. | $15,000 |
| Seton Hall University | To provide scholarships to medical students to offset tuition. | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Paul J Hirsch MD | Trustee Chairman | 1 | — |
| Patricia A Costante | Trustee Vice Chairman | 1 | — |
| Christopher S Bateman | Trustee | 1 | — |
| Nina L Gowaty | Trustee | 1 | — |
| George F Heinrich MD | Trustee | 1 | — |
| Peter A Inverso | Trustee | 1 | — |
| Michael J McDonough PhD | Trustee | 1 | — |
| Michael J Schoppman | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Edward J Ill Excellence in Medicine Foundation Inc?
Edward J Ill Excellence in Medicine Foundation Inc is a nonprofit organization focused on Health, based in PRINCETON, NJ. It holds — in total assets as of 2023.
Where does Edward J Ill Excellence in Medicine Foundation Inc operate?
Edward J Ill Excellence in Medicine Foundation Inc has awarded grants in New Jersey.
What size grants does Edward J Ill Excellence in Medicine Foundation Inc award?
In 2023, Edward J Ill Excellence in Medicine Foundation Inc awarded 6 grants totaling $151K — an average of about $25K per grant, based on its IRS Form 990 filings.
What is Edward J Ill Excellence in Medicine Foundation Inc's EIN?
Edward J Ill Excellence in Medicine Foundation Inc's EIN (Employer Identification Number) is 20-8498347. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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