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New Jersey · Nonprofit

PRINCETON HEALTHCARE SYSTEM FOUNDATION INC

PRINCETON HEALTHCARE SYSTEM FOUNDATION INC (New Jersey) receives grants from 54 organizations whose IRS filings report $5,561,888 to it, the largest being THE MACMILLAN FAMILY FOUNDATION INC ($1,185,000). 30 of them have funded it in more than one year.

Revenue FY2025
$7.2M
Funders on record
54
Grants received
$5.6M
Net assets
$115M
30/54 repeat funderspeak grant-dependency 10%
01What it does

What Princeton Healthcare System Foundation Inc does

Mission

The mission of the princeton healthcare system foundation is to financially support and promote the mission of the princeton healthcare system ("phcs"); a related internal revenue code section 501(c)(3) tax-exempt hospital organization that 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. The foundation strives to: - develop and strengthen philanthropic support for phcs from a full range of charitable sources; - increase public awareness about phcs and foster effective communication between phcs and the communities it serves; - support phcs's mission of providing the greater princeton and central new jersey communities with the finest healthcare services available; and - apply the highest standards of ethical conduct with regard to fundraising practices, governance and stewardship.

As stated on its FY2025 Form 990.

Program

  1. Statement of program service accomplishments expenses incurred to financially support and promote the mission of princeton healthcare system, a new jersey nonprofit corporation and related internal revenue code section 501(c)(3) tax-exempt organization that 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. ------------------------------

    $3,767,485 spentof which $2,783,199 as grants$2,891,017 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,767,485.

02The organization over time

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.

100 = 20172017 Revenue 100 ($6.2M) Expenses 100 ($3.8M) Net assets 100 ($53M)2019 Revenue 100 ($6.3M) Expenses 91 ($3.5M) Net assets 108 ($58M)2020 Revenue 123 ($7.7M) Expenses 80 ($3.1M) Net assets 114 ($61M)2021 Revenue 136 ($8.5M) Expenses 89 ($3.4M) Net assets 159 ($85M)2022 Revenue 188 ($12M) Expenses 87 ($3.3M) Net assets 159 ($85M)2023 Revenue 232 ($14M) Expenses 137 ($5.3M) Net assets 169 ($91M)2024 Revenue 282 ($18M) Expenses 106 ($4.1M) Net assets 197 ($105M)2025 Revenue 116 ($7.2M) Expenses 123 ($4.7M) Net assets 215 ($115M)
'17'19'20'21'22'23'24'25
Revenue (116)Expenses (123)Net assets (215)Peer revenue range

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 $61M to $85M (+40%).

$56M
$58M
$61M
$85M
$86M
$91M
$106M
$115M
'17'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

52% of PRINCETON HEALTHCARE SYSTEM FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (51% for the typical peer).

This organization
Typical peer · 8,611 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$2.4M
’17
$2.8M
’19
$4.6M
’20
$5.1M
’21
$8.4M
’22
$9.2M
’23
$14M
’24
$2.5M
’25
10
months of
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

James G Demetriades

Director - president & CEO

Board chair

W Thomas Gutowski

Director - chair

As listed on its FY2025 Form 990.

'17'19'20'21'22'23'24'25
Listed2522242524212420
Joined··+4+4+2+0+3+0
No longer listed··233304
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 21 funders to 19 funders, grant income rose $538k → $811k.

16 of 54 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 50% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PRINCETON HEALTHCARE SYSTEM FOUNDATION INC’s funders (the co-funder graph). Top 30 of 54 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

PRINCETON HEALTHCARE SYSTEM FOUNDATION INC has a broad base — no single funder exceeds 21% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

53% 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 PRINCETON HEALTHCARE SYSTEM FOUNDATION INC.

21%
largest funder
48%
top three
~9
effective funders

Largest funder’s share by year: 2017 21% · 2018 25% · 2019 25% · 2020 19% · 2021 28% · 2022 33% · 2023 31% — growing more concentrated.

“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

35% of PRINCETON HEALTHCARE SYSTEM FOUNDATION INC's funders are still giving 3 years after their first grant; 56% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

PRINCETON HEALTHCARE SYSTEM FOUNDATION INC draws 54% of its grant income from funders outside New Jersey, across 10 states in all.

MN
WI
NY
MA
NJ
DE
AZ
NC
SC
GA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New Jersey out of state home

Funder states come from each funder’s own filing. $2.8M 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.

04Its place in the field

Against its field

PRINCETON HEALTHCARE SYSTEM FOUNDATION INC runs a healthier operating margin than three-quarters of the 4,665 health nonprofits its size.

Operating margin34% · top quartile
Months of reserve10.2mo · top quartile
Revenue growth (annualized)2% · bottom quartile

this organization peer median middle 50% of peers· 4,665 health nonprofits $1M–$10M, FY2025

Organizations like PRINCETON HEALTHCARE SYSTEM FOUNDATION INC

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 8%Fundraising 12%

Governance

19
board members
84%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

71%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NJ

Part of a family of 94 related entities

  • Affilia Home Health · exempt
  • Carl V S Patterson Irr · exempt
  • Chester County Hospital · exempt
  • Chester County Hospital & Health System · exempt
  • Clinical Care Associates of Uphs · exempt

Screen this organization

A dated, signed PDF of the compliance screen for PRINCETON HEALTHCARE SYSTEM FOUNDATION INC: 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.

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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 PRINCETON HEALTHCARE SYSTEM FOUNDATION INC?
PRINCETON HEALTHCARE SYSTEM FOUNDATION INC (New Jersey) receives grants from 54 organizations whose IRS filings report $5,561,888 to it, the largest being THE MACMILLAN FAMILY FOUNDATION INC ($1,185,000). 30 of them have funded it in more than one year.
How many funders does PRINCETON HEALTHCARE SYSTEM FOUNDATION INC have?
IRS filings report 54 organizations giving $5,561,888 in grants to PRINCETON HEALTHCARE SYSTEM FOUNDATION INC, 30 of which have funded it in more than one year.
Who is the largest funder of PRINCETON HEALTHCARE SYSTEM FOUNDATION INC?
THE MACMILLAN FAMILY FOUNDATION INC is the largest funder on record, with $1,185,000 in grants. The full list of funders is on this page.
How can an organization like PRINCETON HEALTHCARE SYSTEM FOUNDATION INC 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 54 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