Medical Excellence Foundation

Foundation · Grantmaker Nissequogue, NY EIN: 87-3870324

Medical Excellence Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nissequogue, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $733K in total assets. In 2024, it awarded 8 grants totaling $546K. Net investment income was $18K.

Key facts about Medical Excellence Foundation

EIN: 87-3870324
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $546,261
Grants made (2024): 8
Average grant: $68,283
Median grant: $75,000
Total assets: $732,900
Primary geography: New York (45% of itemized 2024 grant dollars)

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

Who Medical Excellence Foundation funds

By grant dollars, the top recipient states for Medical Excellence Foundation's 8 itemized 2024 grants were New York (45%), California (22%) and New Jersey (18%). The most frequent recipient cities were Rochester, MN (2 grants). None of its 8 grants with a stated purpose were described as general or operating support. Recurring purposes include "Research and Development" (6 grants).

How Medical Excellence Foundation gives

In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$733K

+22.1% YoY

Annual Giving

$546K

+252.4% YoY

Grant Count

+166.7% YoY

Avg Grant Size

$68K

+32.2% YoY

Under IRS private-foundation payout rules, Medical Excellence Foundation reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.

About Medical Excellence Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $245K (45%)

California $120K (22%)

New Jersey $100K (18%)

Minnesota $75K (14%)

Maryland $6K (1%)

Share of all 8 itemized 2024 grant dollars.

States

California Maryland Minnesota New Jersey New York

Cities

New YorkHuntingtownRochesterCold Spring HarborLa JollaPrincetonRedwood City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$732,900	$600,031	$425,312
Revenue	$684,300	$333,333	$390,333
Expenses	$551,431	$158,614	$7,129
Qualifying Distributions	$551,431	$155,000	—
Net Investment Income	$17,632	—	—
Distributable Amount	$41,468	$19,187	$2,712

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2022–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Cold Spring Harbor Laboratory ($145,000), Princeton University ($100,010), The Scripps Research ($100,001).

Recipient	Purpose	Amount
COLD SPRING HARBOR LABORATORY Cold Spring Harbor, NY	RESEARCH AND DEVELOPMENT	$145,000
PRINCETON UNIVERSITY Princeton, NJ	RESEARCH AND DEVELOPMENT	$100,010
THE SCRIPPS RESEARCH La Jolla, CA	RESEARCH AND DEVELOPMENT	$100,001
WEIL MEDICAL CENTER New York, NY	RESEARCH AND DEVELOPMENT	$100,000
MAYO CLINIC Rochester, MN	RESEARCH AND DEVELOPMENT	$50,000
MAYO CLINIC Rochester, MN	CONFERENCE SPONSORSHIP	$25,000
STANFORD CENTER FOR MEDICAL CE Redwood City, CA	CONFERENCE SPONSORSHIP	$20,000
PROJECT ALS INC Huntingtown, MD	RESEARCH AND DEVELOPMENT	$6,250

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

Name	Title	Hours	Compensation
John Prufeta	President	5	—
Kim Kamdar	Vice President	5	—
Joni Mancini	Treasurer/Secretary	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Medical Excellence Foundation?

Medical Excellence Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nissequogue, NY. It holds $733K in total assets as of 2024.

How large is Medical Excellence Foundation?

As of 2024, Medical Excellence Foundation holds $733K in total assets with $684K in annual revenue. It awarded 8 grants totaling $546K in 2024.

Where does Medical Excellence Foundation operate?

Medical Excellence Foundation has awarded grants in California, Maryland, Minnesota, New Jersey, New York.

What size grants does Medical Excellence Foundation award?

In 2024, Medical Excellence Foundation awarded 8 grants totaling $546K — an average of about $68K per grant, based on its IRS Form 990 filings.

How much is Medical Excellence Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Medical Excellence Foundation reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.