Somerset Health Care Foundation Inc

Public charity · Grantmaker Oceanport, NJ EIN: 22-3294408

To support the charitable tax-exempt purposes, programs and services of robert wood johnson university hospital (somerset campus); a related internal revenue code section 501(c)(3) tax-exempt organization, 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.

Somerset Health Care Foundation Inc at a glance

In short: Somerset Health Care Foundation Inc gave $1.3M across 5 grants in 2024 (avg $266K), mostly in New Jersey. Source: 2024 IRS Form 990.

Annual giving (2024)
$1,329,992
-78.5% vs 2023
Grants made (2024)
5
+400.0% vs 2023
Average grant
$265,998
-95.7% vs 2023
Median grant
$50,000
Total assets
$6,428,383
+30.5% vs 2023
Primary geography
New Jersey (96% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

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

Who Somerset Health Care Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Robert Wood Johnson University Hospital: $1.1MRobert Wood Johnson UniversityHospital$1.1MCommunity in Crisis Inc: $50KCommunity in Crisis Inc$50KCancer Support Community: $50KCancer Support Community$50KLifecamp: $50KLifecamp$50KBonnie Brae: $50KBonnie Brae$50K

The largest 2024 recipient was Robert Wood Johnson University Hospital ($1.1M). Together the top 5 received $1.3M.

Grant Size Distribution

19 grants across all recorded years

1<$50K12$50–100K1$100–250K$250–500K$500K–1M4$1–5M1$5M+

The most common grant size was in the $50–100K range: 12 grants of 19 (63%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

Liberty CornerOceanportMorristownBedminsterManvilleBernardsvilleNew BrunswickWashington

How Somerset Health Care Foundation Inc gives

  • Giving fell 56% from 2021 to 2024. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M6 grants2020 1 grant2021 6 grants2022 1 grant2023 5 grants2024

From 2020 to 2024, annual grant giving ranged from $1.3M (2024) to $6.2M (2023). In 2024 it made 5 grants totaling $1.3M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Robert Wood Johnson University Hospital Oceanport, NJProgram Support$1,129,992
Community in Crisis Inc Bernardsville, NJProgram Support$50,000
Cancer Support Community Washington, DCProgram Support$50,000
Lifecamp Morristown, NJProgram Support$50,000
Bonnie Brae Liberty Corner, NJProgram Support$50,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$6,428,383$4,103,018$2,709,281$1,329,9925$127,710
2023$4,927,768$4,213,212$7,720,587$6,199,5361$88,218
2022$8,893,643$2,959,315$4,084,950$2,861,9676$66,826
2021$10,460,371$3,703,483$4,072,275$3,013,7271$103,762
2020$10,696,001$2,000,629$4,100,887$3,173,3846$142,689

About Somerset Health Care Foundation Inc

Based on IRS filings

Somerset Health Care Foundation Inc is a public charity, based in Oceanport, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 5 grants totaling $1.3M. Net investment income was $128K.

Leadership & Key People

Officers and directors from IRS filings

Somerset Health Care Foundation Inc is led by Paul D. Hubert, Chair - Trustee since 2021 (on filings since 2020); none of the 15 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Paul D. Hubert

    Chair - Trustee

    Chairman - Trustee → Chair - Trustee, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Daria M. Placitella

    Treasurer-Trustee

    Treasurer - Trustee → Treasurer-Trustee, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gary Shangold MD

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • James M. Chimenti MD

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kathleen Toomey MD

    Trustee

    On filings since 2020

    55 hrs/week

    No compensation reported

  • Roger S. Yang MD

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ellen Nardoni

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Haresh Kane MD

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Erika Tooman Esq.

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Rachana Kilkarni MD

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Resa Drasin Esq.

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Donna Castronovo

    Vice President Development

    On filings since 2020

    55 hrs/week

    No compensation reported

  • Glenn Miller

    Rwjbh Chief Development Officer

    On filings since 2020

    No compensation reported

  • Kiran Kothari

    Vice Chair - Trustee

    Vice Chairman - Trustee → Vice Chair - Trustee, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joshua Kalafer

    Vice Chair - Trustee

    Trustee → Vice Chair - Trustee, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (8)
  • Former: Jeralyn Lawrence (2020–2023) — Trustee
  • Former: Rachana Kukarni MD (2023) — Trustee
  • Former: John E. Ament III (2020–2022) — Trustee
  • Former: Gary Shiman (2020–2021) — Trustee
  • Former: Guy J. Torsilieri (2020–2021) — Trustee
  • Former: John T. Von Stade (2020) — Trustee
  • Former: Josh Kalafer (2020) — Trustee
  • Former: Lysa Israel (2020) — Vice President Development

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 Somerset Health Care Foundation Inc

How much does Somerset Health Care Foundation Inc give each year?

Somerset Health Care Foundation Inc gave $1.3M across 5 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $6.2M across 1 grant.

What is Somerset Health Care Foundation Inc's typical grant size?

Somerset Health Care Foundation Inc's median grant in 2024 was $50,000, and its average grant was $265,998, across 5 grants on its 2024 IRS Form 990.

Where does Somerset Health Care Foundation Inc give grants?

Somerset Health Care Foundation Inc gives mostly in New Jersey: 96% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there.

Does Somerset Health Care Foundation Inc give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on Somerset Health Care Foundation Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Program Support" (5 grants).

Who are Somerset Health Care Foundation Inc's largest grantees?

Somerset Health Care Foundation Inc's largest 2024 grantees include Robert Wood Johnson University Hospital ($1,129,992), Community in Crisis Inc ($50,000) and Cancer Support Community ($50,000), according to its 2024 IRS Form 990. Together they received 92% of its itemized 2024 grant dollars.

How large is Somerset Health Care Foundation Inc?

Somerset Health Care Foundation Inc reported $6.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $4.1M.

What is Somerset Health Care Foundation Inc's EIN?

Somerset Health Care Foundation Inc's EIN (Employer Identification Number) is 22-3294408. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Somerset Health Care Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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