Florida · Nonprofit
MOUNT SINAI MEDICAL CENTER FOUNDATION
MOUNT SINAI MEDICAL CENTER FOUNDATION (Florida) receives grants from 150 organizations whose IRS filings report $49,108,797 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($7,785,545). 101 of them have funded it in more than one year.
- Revenue FY2024
- $77M
- Funders on record
- 150
- Grants received
- $49M
- Net assets
- $569M
What Mount Sinai Medical Center Foundation does
Mission
To raise funds to support mount sinai medical center of florida, inc., a not-for-profit acute care teaching and research facility, so that it may provide high quality health care to our diverse community enhanced through teaching, research, charity care and financial responsibility.
As stated on its FY2024 Form 990.
Program
The foundation raises funds for mount sinai medical center, a 501(c)(3) organization, for capital and non-capital purposes.
$20,359,934 spentof which $14,711,230 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $20,359,934.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 2022 to 2023, from $398M to $493M (+24%).
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.
64% of MOUNT SINAI MEDICAL CENTER FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 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
Gino Santorio
Director, president/CEO ms
Board chair
Barry Skolnick
Chairman/director
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 26 funders to 71 funders, grant income rose $1.1M → $5.4M.
17 of 150 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 29% 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: $23M from 11 payers (the payer shares this organization's board, largest Greater Miami Jewish Federation Inc). These are real filings, and they are not money MOUNT SINAI MEDICAL CENTER FOUNDATION raised.
From the IRS filings of MOUNT SINAI MEDICAL CENTER FOUNDATION’s funders (the co-funder graph). Top 30 of 150 funders by total. 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
MOUNT SINAI MEDICAL CENTER FOUNDATION has a broad base — no single funder exceeds 16% of grant income, and it takes 7 funders to reach half.
the vertical line marks half of all grant income — 7 funders to its left
40% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MOUNT SINAI MEDICAL CENTER FOUNDATION.
Largest funder’s share by year: 2017 44% · 2018 26% · 2019 25% · 2020 28% · 2021 14% · 2022 15% · 2023 13% — 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
51% of MOUNT SINAI MEDICAL CENTER FOUNDATION's funders are still giving 3 years after their first grant; 67% 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
69% of MOUNT SINAI MEDICAL CENTER FOUNDATION's grant income comes from Florida funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $14M arriving through sponsors registered in 11 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
MOUNT SINAI MEDICAL CENTER FOUNDATION runs a healthier operating margin than three-quarters of the 4,580 health nonprofits its size.
this organization peer median middle 50% of peers· 4,580 health nonprofits $10M–$100M, FY2024
Organizations like MOUNT SINAI MEDICAL CENTER FOUNDATION
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 Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
90% of spending goes to programs.
Governance
Public support
74%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 5 related entities
- Mount Sinai Medical Center of Florida · exempt
- Msmc Insurance Trust · exempt
- Msmc Office Building II · exempt
- Mount Sinai Eldercare Inc · exempt
- Mt Sinai Med Ctr of Fl Guarantee Corp · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for MOUNT SINAI MEDICAL CENTER FOUNDATION: 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 MOUNT SINAI MEDICAL CENTER FOUNDATION?
- MOUNT SINAI MEDICAL CENTER FOUNDATION (Florida) receives grants from 150 organizations whose IRS filings report $49,108,797 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($7,785,545). 101 of them have funded it in more than one year.
- How many funders does MOUNT SINAI MEDICAL CENTER FOUNDATION have?
- IRS filings report 150 organizations giving $49,108,797 in grants to MOUNT SINAI MEDICAL CENTER FOUNDATION, 101 of which have funded it in more than one year.
- Who is the largest funder of MOUNT SINAI MEDICAL CENTER FOUNDATION?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $7,785,545 in grants. The full list of funders is on this page.
- How can an organization like MOUNT SINAI MEDICAL CENTER FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 150 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 22, 2026. What this page cannot tell you · view filing