The southampton hospital foundation, INC., a separate nonprofit corporation with an independent board of trustees, supports stony brook southampton hospital's mission to deliver healthcare services and expand clinical programs to meet the needs of its EAST endcommunities. Although the southampton hospital foundation, INC., has existed for some time, recent changes to its structure and mission have PUT greater emphasis on fund raising for and increased public awareness of the hospital's programs and services. The foundation concentrates its efforts on increasing critical philanthropic support to ensure high-quality healthcare for ALL our neighbors on the EAST END. In 2025, we anticipate furthering monies raised toward the new goal for the EAST hampton emergency department of $50m resulting from post-covid supply cost increases, as well as furthering the capital campaign to build a new stony brook southampton hospital.
In care of Christopher J Schultheis
Donations are tax-deductible
Category
Other
Employees
0
Volunteers
9
Financial Snapshot
FY ending 2024-12-31
Revenue
$20.0M
Expenses
$28.3M
Assets
$14.0M
Liabilities
$5.3M
Financial history
$28.3M$14.1M$0
1718192021222324
RevenueExpenses
Latest FY2024: $20.0M · Avg: $10.2M
Political & Grant Activity
Campaign Spending
—
Lobbying
—
Grants Given
$26.5M
SOUTHAMPTON HOSPITAL FOUNDATION INC
Your actions
Address
240 Meeting House LN
Southampton, NY, 11968-500
Governance
Voting board members9
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Fundraising activity (Schedule G)
Uses professional fundraisersYes
Retained by contractors$129K
ChannelsMail · Phone · Email · In-person · Grant solicitation