New Jersey · Nonprofit
HACKENSACK MERIDIAN SCHOOL OF MEDICINE
HACKENSACK MERIDIAN SCHOOL OF MEDICINE (New Jersey) receives grants from 8 organizations whose IRS filings report $248,175 to it, the largest being ROBERT AND MARY JANE HEKEMIAN FOUNDATION INC ($125,000). 4 of them have funded it in more than one year.
- Revenue FY2022
- $21M
- Funders on record
- 8
- Grants received
- $248k
- Net assets
- $33M
What Hackensack Meridian School of Medicine does
Mission
A medical school dedicated to excellence in the tripartite academic medical missions of education, scientific research, and clinical care.
As stated on its FY2022 Form 990.
Program
Promoting the tripartite academic medical missions of education, scientific research, and clinical care.
$20,430,050 spentof which $3,883,663 as grants$15,843,379 earned by the program100% of program spending
The program described on its FY2022 Form 990. Program spending in total: $20,430,050.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $6.9M to $54M (+675%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 17% · 2022 23%. Grants only. Government contracts and fees sit inside program revenue.
23% of HACKENSACK MERIDIAN SCHOOL OF MEDICINE’s revenue is contributions — about as donation-reliant as the typical peer (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 5 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Robert C Garrett Fache
TRUSTEE - CEO, Hackensack Meridian Health
Board chair
John F Williams Jr Md
Chairperson - trustee
As listed on its FY2022 Form 990.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $2k → $60k.
2 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $38k from 2 payers (the payer shares this organization's board, largest Hackensack Meridian Health Inc-Subordinates). These are real filings, and they are not money HACKENSACK MERIDIAN SCHOOL OF MEDICINE raised.
From the IRS filings of HACKENSACK MERIDIAN SCHOOL OF MEDICINE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HACKENSACK MERIDIAN SCHOOL OF MEDICINE leans on a few funders — its largest provides 50% of grant income and the top three 79%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2019 100% · 2020 57% · 2021 65% · 2022 63% · 2023 83% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
40% of HACKENSACK MERIDIAN SCHOOL OF MEDICINE's funders are still giving 1 year after their first grant; 50% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
76% of HACKENSACK MERIDIAN SCHOOL OF MEDICINE's grant income comes from New Jersey funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $36k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HACKENSACK MERIDIAN SCHOOL OF MEDICINE holds deeper cash reserves than three-quarters of the 3,633 education nonprofits its size.
this organization peer median middle 50% of peers· 3,633 education nonprofits $10M–$100M, FY2022
Organizations like HACKENSACK MERIDIAN SCHOOL OF MEDICINE
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
100% of spending goes to programs.
Governance
Public support
0%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 34 related entities
- Hackensack Meridian Health Inc · exempt
- Palisades Medical Associates LLC · exempt
- Meridian Medical Group-Retail Clinic PC · exempt
- Meridian Medical Group-Faculty Practice PC · exempt
- Meridian Medical Associates PC · exempt
Screen this organization
A dated, signed PDF of the compliance screen for HACKENSACK MERIDIAN SCHOOL OF MEDICINE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HACKENSACK MERIDIAN SCHOOL OF MEDICINE?
- HACKENSACK MERIDIAN SCHOOL OF MEDICINE (New Jersey) receives grants from 8 organizations whose IRS filings report $248,175 to it, the largest being ROBERT AND MARY JANE HEKEMIAN FOUNDATION INC ($125,000). 4 of them have funded it in more than one year.
- How many funders does HACKENSACK MERIDIAN SCHOOL OF MEDICINE have?
- IRS filings report 8 organizations giving $248,175 in grants to HACKENSACK MERIDIAN SCHOOL OF MEDICINE, 4 of which have funded it in more than one year.
- Who is the largest funder of HACKENSACK MERIDIAN SCHOOL OF MEDICINE?
- ROBERT AND MARY JANE HEKEMIAN FOUNDATION INC is the largest funder on record, with $125,000 in grants. The full list of funders is on this page.
- How can an organization like HACKENSACK MERIDIAN SCHOOL OF MEDICINE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Hackensack Meridian School of Medicine →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2018–2022), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing