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Maimonides Medical Center

BROOKLYN, NY EIN: 11-1635081 Website

SEE SCHEDULE O

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0B

+12.1% YoY

Annual Giving

$155K

-9.2% YoY

Grant Count

13

-13.3% YoY

Avg Grant Size

$12K

+4.8% YoY

About Maimonides Medical Center

Based on IRS filings

Maimonides Medical Center is a nonprofit organization focused on Health, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0B in total assets. In 2024, it awarded 13 grants totaling $155K. Net investment income was $10.2M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BrooklynGuilderlandNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$510M$1.0B$1.5B$2.0B20202021202220232024
Metric202420232022
Total Assets$1,951,547,415$1,741,180,827$1,708,014,796
Revenue$1,807,630,671$1,624,220,953$1,451,215,166
Expenses$1,855,401,740$1,657,430,423$1,516,482,116
Qualifying Distributions
Net Investment Income$10,191,538$5,623,857$2,540,425
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$75K$151K$226K$301K10 grants202013 grants202118 grants202215 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BAY RIDGE CENTER INC$20KNIA COMMUNITY SERVICES N…$20KPAKISTANI AMERICAN MERCH…$15KBEIT EL-MAQDIS ISLAMIC C…$15KUNITED HOSPITAL FUND$13KCAIPA FOUNDATION INC$12KARTHUR ASHE INSTITUTE FO…$12KGUARDIANS OF THE SICK INC$10KHEARTSHARE HUMAN SERVICE…$10KBANGLADESHI AMERICAN FRI…$8K

Grant Size Distribution

69 grants across all recorded years

67<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bay Ridge Center Inc ($20,000), Nia Community Services Network ($20,000), Pakistani American Merchant Assoc ($15,000).

RecipientPurposeAmount
ARTHUR ASHE INSTITUTE FOR URBAN HEALTH BROOKLYN, NYGENERAL SUPPORT$12,000
BANGLADESHI AMERICAN FRIENDSHIP SOCIETY BROOKLYN, NYGENERAL SUPPORT$7,500
BAY RIDGE CENTER INC BROOKLYN, NYGENERAL SUPPORT$20,000
BEIT EL-MAQDIS ISLAMIC CENTER BROOKLYN, NYGENERAL SUPPORT$14,800
CAIPA FOUNDATION INC NEW YORK, NYGENERAL SUPPORT$12,120
1199SEIU EMPLOYER CHILD CARE CORP BROOKLYN, NYGENERAL SUPPORT$7,100
GUARDIANS OF THE SICK INC BROOKLYN, NYGENERAL SUPPORT$10,000
HEARTSHARE HUMAN SERVICES OF NEW YORK BROOKLYN, NYGENERAL SUPPORT$10,000
JEWISH COMMUNITY COUNCIL OF MARINE PARK BROOKLYN, NYGENERAL SUPPORT$7,500
NIA COMMUNITY SERVICES NETWORK BROOKLYN, NYGENERAL SUPPORT$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JACOB SHANI MDCHAIR, CARDIOLOGY$3.5MPATRICK BORGEN MDCHAIR, DEPARTMENT OF SURGERY$2.0MAMIT SCHWARTZ MDDIRECTOR, NEUROSURGERY$1.9MROBERT FRANKEL MDDIR, INTERVENTIONAL CARDIOLOGY$1.9MJOSHUA KERSTEIN MDASSOC DIR, CLINICAL CARDIOLOGY$1.9MKENNETH GIBBSPRESIDENT & CEO$1.8MJOHN MARSHALL MDEVP, MEDICAL AFFAIRS$1.4MJUDY BACHMANEVP & COO$1.4MROBERT PALERMOEVP/CFO & ASSISTANT TREASURER$1.2MLAURIE WEINSTEINEVP,CHIEF LEGAL OFFIC,ASST SEC$1.1MDAVID COHEN MDEVP,POP HEALTH& ACADEM AFFAIRS$940KROBERT PRESSFORMER EVP, MEDICAL AFFAIRS$512KMONICA GHITAN MDMED STAFF PRESIDENT THRU 6/24$355KJUAN KUPFERMAN MDMED STAFF PRESIDENT AS OF 7/24$352KMICHAEL ANTONIADESFORMER EVP & COO$180K

From 2024 filing

NameTitleHoursCompensation
JACOB SHANI MDCHAIR, CARDIOLOGY40$3,498,724
PATRICK BORGEN MDCHAIR, DEPARTMENT OF SURGERY40$1,992,061
AMIT SCHWARTZ MDDIRECTOR, NEUROSURGERY40$1,908,023
ROBERT FRANKEL MDDIR, INTERVENTIONAL CARDIOLOGY40$1,879,116
JOSHUA KERSTEIN MDASSOC DIR, CLINICAL CARDIOLOGY40$1,860,102
KENNETH GIBBSPRESIDENT & CEO40$1,757,557
JOHN MARSHALL MDEVP, MEDICAL AFFAIRS40$1,423,434
JUDY BACHMANEVP & COO40$1,350,002
ROBERT PALERMOEVP/CFO & ASSISTANT TREASURER40$1,215,860
LAURIE WEINSTEINEVP,CHIEF LEGAL OFFIC,ASST SEC40$1,088,707
DAVID COHEN MDEVP,POP HEALTH& ACADEM AFFAIRS40$939,922
ROBERT PRESSFORMER EVP, MEDICAL AFFAIRS$512,375
MONICA GHITAN MDMED STAFF PRESIDENT THRU 6/2440$355,037
JUAN KUPFERMAN MDMED STAFF PRESIDENT AS OF 7/2440$351,893
MICHAEL ANTONIADESFORMER EVP & COO$180,000
PAUL ADDISONTRUSTEE, TREASURER, VC0.5
DONNA ASTION MDTRUSTEE, VICE CHAIR0.5
JOSEPH BRUNOTRUSTEE0.5
DAVID CASSATO MSGRTRUSTEE0.5
CHAIM FISCHERTRUSTEE0.5
ROBERT FORANTRUSTEE AS OF 9/240.5
YEHOSHUA FRUCHTHANDLERTRUSTEE0.5
LOFTON HOLDERTRUSTEE0.5
EUGENE KEILINTRUSTEE & BOARD CHAIR0.5
MORTIMER KLAUSTRUSTEE0.5
GEORGE LIU MDTRUSTEE THRU 6/240.5
ROBERT MACHINISTTRUSTEE0.5
DONALD MELTZERTRUSTEE THRU 6/240.5
FRANK NACCARATOTRUSTEE & SECRETARY0.5
ELIZA NGTRUSTEE AS OF 9/240.5
AZZAM OBEIDTRUSTEE0.5
MARTIN PAYSONTRUSTEE THRU 6/240.5
PETER REBENWURZELTRUSTEE & VICE CHAIR0.5
ERMINIA RIVERATRUSTEE & VICE CHAIR0.5
ALEX ROVT PHDTRUSTEE & VICE CHAIR THRU 6/240.5
AMY SANDGRUND-FISHERTRUSTEE AS OF 12/240.5
MARY SINGHTRUSTEE0.5
DAVID SPIRATRUSTEE0.5
AARON TWERSKITRUSTEE0.5
MARTY WAISBRODTRUSTEE0.5
GEORGE WEINBERGERTRUSTEE0.5
MICHAEL ZIEGLER ESQTRUSTEE0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Maimonides Medical Center?

Maimonides Medical Center is a nonprofit organization focused on Health, based in BROOKLYN, NY. It holds $2.0B in total assets as of 2024.

How large is Maimonides Medical Center?

As of 2024, Maimonides Medical Center holds $2.0B in total assets with $1.8B in annual revenue. It awarded 13 grants totaling $155K in 2024.

Where does Maimonides Medical Center operate?

Maimonides Medical Center has awarded grants in New York.

What size grants does Maimonides Medical Center award?

In 2024, Maimonides Medical Center awarded 13 grants totaling $155K — an average of about $12K per grant, based on its IRS Form 990 filings.

What is Maimonides Medical Center's EIN?

Maimonides Medical Center's EIN (Employer Identification Number) is 11-1635081. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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

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