Civic Intelligence

The Greenwich Hospital Endowment Fund Inc

EIN 06-1526642 • 501(c)3 • Greenwich, CT

Profile

Supporting organization of greenwich hospital

5 Perryridge RoadGreenwich, CT 06830

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

13th percentile

0.02x

Higher debt load relative to assets than 13% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.23x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

17th percentile

-8.1%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

5th percentile

$0

Higher top officer pay than 5% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

85th percentile

19%

Faster asset growth than 85% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

244%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$138,283,143

Up $21,869,976 (+19%) from 2023

Liabilities

Up

$2,500,000

Up $2,500,000 from 2023

Net Assets

Up

$135,783,143

Up $19,369,976 (+17%) from 2023

Revenue

Up

$10,747,239

Up $7,625,427 (+244%) from 2023

Expenses

Up

$11,615,998

Up $5,213,309 (+81%) from 2023

Net Income

Up

-$868,759

Up $2,412,118 (+74%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2011: $54,701,817Liabilities 2011: $8,876,300Net Assets 2011: $45,825,5172011Assets 2012: $62,674,714Liabilities 2012: $11,407,675Net Assets 2012: $51,267,0392012Assets 2013: $70,258,860Liabilities 2013: $13,870,175Net Assets 2013: $56,388,6852013Assets 2014: $78,279,444Liabilities 2014: $18,089,164Net Assets 2014: $60,190,2802014Assets 2015: $77,477,880Liabilities 2015: $20,599,583Net Assets 2015: $56,878,2972015Assets 2016: $83,646,150Liabilities 2016: $25,270,511Net Assets 2016: $58,375,6392016Assets 2017: $94,747,151Liabilities 2017: $31,675,941Net Assets 2017: $63,071,2102017Assets 2018: $102,653,551Liabilities 2018: $0Net Assets 2018: $102,653,5512018Assets 2019: $98,624,871Liabilities 2019: $0Net Assets 2019: $98,624,8712019Assets 2020: $118,804,129Liabilities 2020: $0Net Assets 2020: $118,804,1292020Assets 2021: $137,715,157Liabilities 2021: $0Net Assets 2021: $137,715,1572021Assets 2022: $110,731,873Liabilities 2022: $0Net Assets 2022: $110,731,8732022Assets 2023: $116,413,167Liabilities 2023: $0Net Assets 2023: $116,413,1672023Assets 2024: $138,283,143Liabilities 2024: $2,500,000Net Assets 2024: $135,783,1432024

Highlighted filing

2024

Assets$138,283,143
Liabilities$2,500,000
Net Assets$135,783,143

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MExpenses 2011: $50,0002011Expenses 2012: $59,3752012Revenue 2013: $2,207,009Expenses 2013: $62,500Net Income 2013: $2,144,5092013Revenue 2014: $1,779,643Expenses 2014: $315,206Net Income 2014: $1,464,4372014Revenue 2015: $4,759,960Expenses 2015: $263,585Net Income 2015: $4,496,3752015Revenue 2016: $2,561,319Expenses 2016: $185,536Net Income 2016: $2,375,7832016Revenue 2017: $4,166,085Expenses 2017: $158,063Net Income 2017: $4,008,0222017Revenue 2018: $1,269,419Expenses 2018: $7,917,863Net Income 2018: -$6,648,4442018Revenue 2019: $13,436,079Expenses 2019: $5,414,757Net Income 2019: $8,021,3222019Revenue 2020: $14,193,690Expenses 2020: $5,111,969Net Income 2020: $9,081,7212020Revenue 2021: $8,819,418Expenses 2021: $5,359,409Net Income 2021: $3,460,0092021Revenue 2022: $7,117,171Expenses 2022: $5,896,456Net Income 2022: $1,220,7152022Revenue 2023: $3,121,812Expenses 2023: $6,402,689Net Income 2023: -$3,280,8772023Revenue 2024: $10,747,239Expenses 2024: $11,615,998Net Income 2024: -$868,7592024

Highlighted filing

2024

Revenue$10,747,239
Expenses$11,615,998
Net Income-$868,759

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$138$2.50$136$10.7$11.6$0.87
2023Detailed filing. Detailed filing data is available for this year.$116$0.00$116$3.12$6.40$3.28
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$111$0.00$111$7.12$5.90$1.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$138$0.00$138$8.82$5.36$3.46
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$119$0.00$119$14.2$5.11$9.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$98.6$0.00$98.6$13.4$5.41$8.02
2018Detailed filing. Detailed filing data is available for this year.$103$0.00$103$1.27$7.92$6.65
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$94.7$31.7$63.1$4.17$0.16$4.01
2016Detailed filing. Detailed filing data is available for this year.$83.6$25.3$58.4$2.56$0.19$2.38
2015Detailed filing. Detailed filing data is available for this year.$77.5$20.6$56.9$4.76$0.26$4.50
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$78.3$18.1$60.2$1.78$0.32$1.46
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.3$13.9$56.4$2.21$0.06$2.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.7$11.4$51.3$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.7$8.88$45.8$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jul 15, 2025
Return Version
2023v6.0
Gross Receipts
$56,315,478
Mission and Program Overview

Mission

Supporting organization of greenwich hospital.

To solicit, receive, maintain, hold, manage and administer endowment funds of greenwich hospital.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$94,639,406$111,862,187▲ $17,222,781
Investments in Publicly Traded Securities$19,997,250$22,991,698▲ $2,994,448
Pledges and Grants Receivable$1,776,511$3,429,258▲ $1,652,747
Total Assets$116,413,167$138,283,143▲ $21,869,976
Liabilities
Other Liabilities$0$2,500,000▲ $2,500,000
Total Liabilities$0$2,500,000▲ $2,500,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$81,266,949$91,087,147▲ $9,820,198
Net Assets With Donor Restrictions$35,146,218$44,695,996▲ $9,549,778
Total Net Assets Fund Balance$116,413,167$135,783,143▲ $19,369,976
Total Liabilities and Net Assets / Fund Balance$116,413,167$138,283,143▲ $21,869,976

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$111,862,187--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$116,413,167$5,662,748▲ $25,162,908$11,455,680$135,783,143
2022$110,731,873$84,258▲ $11,845,189$6,248,153$116,413,167
2021$137,715,157$170,281▼ $21,422,217$5,731,348$110,731,873
2020$118,804,129$4,994▲ $24,101,371$5,195,337$137,715,157
2019$98,624,871$10,435,560▲ $14,685,698$4,942,000$118,804,129
Compensation and Service Providers

Board Members and Trustees

NameTitle
Arthur MartinezTrustee, President & Chair
Greg MartinezTrustee
Hannah StrasserTrustee
Michael AngeliniTrustee
Peter DapuzzoTrustee
Rob BerkleyTrustee
Anne JugeTrustee, Treasurer & Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Monticello AssociatesInvestment Management1800 LARIMER STREET SUITE 2100, Denver, CO 80202$143,750
Revenue and Support

Revenue Composition

Contributions and Grants
$5,662,748
Program Service Revenue
$0
Investment Income
$5,181,756
Other Revenue
$-97,265
All Other Contributions
$5,662,748
Change in Net Assets
$-868,759

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,561,921
Revenue Not Reported on Financial Statements
$185,318
Revenue Not Reported on Form 990
$20,238,735
Other Revenue Adjustments
$25,000
Total Revenue per Audited Statements
$30,800,656
Total Revenue per Form 990
$10,747,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$11,225,000
Other Expenses$390,998
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$11,225,000--$11,225,000
Fees for Service Investment Mgmnt Fees-$229,882-$229,882
Fees for Services Accounting-$90,601-$90,601
Fees for Services Other-$69,965-$69,965
Other Expenses-$550-$550
Total Functional Expenses$11,225,000$390,998$0$11,615,998

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$11,615,998
Expenses per Audited Statements$11,430,680
Total Expenses per Audited Statements$11,430,680
Expenses Not Reported on Financial Statements$185,318
Other Expense Adjustments$25,000
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greenwich HospitalGreenwich, CT501(c)(3)Support Organization$11,225,000

International Summary

Offices
0
Employees
0
Spending
$60,027,313

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Investment-00$60,027,313
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Greenwich Hospital$2,500,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The organization sought to confirm the independence of each voting member of its governing body by requesting that each such voting member respond to a questionnaire containing the pertinent instructions and definitions and designed to elicit the information necessary to determine independence. In the event that the organization does not receive a response from any such voting member, the organization reviews other information known to it regarding the voting member and makes a reasonable assessment of independence based on that information.

Form 990, Part VI, Section A, Line 2

Arthur martinez (father) and greg martinez (son) both serve as directors of the greenwich hospital endowment fund, inc. Board. Certain of the organization's current officers and/or trustees may serve as officers and/or directors of tax-exempt and taxable affiliates within the organization's corporate system or joint ventures in which the organization's corporate system has an ownership interest. The individual officers and/or trustees do not have personal financial interests in such affiliates and serve only as a function of their roles with the organization or within the organization's corporate system.

Form 990, Part VI, Section A, Line 7A

The organization does not have members. However, pursuant to the organization's bylaws, yale new haven health services corporation (ynhhs) has the right to designate one representative of ynhhs to serve as a director of the organization.

Form 990, Part VI, Section A, Line 7B

Pursuant to the organization's bylaws, the organization's certificate of incorporation and bylaws may only be amended upon approval of greenwich hospital and ynhhs.

Form 990, Part VI, Section B, Line 11B

The form 990 and attached schedules are prepared by the organization's independent accountant, baker tilly advisory group, lp. A complete copy of the return is reviewed by the board of directors prior to filing.

Form 990, Part VI, Section B, Line 12C

Trustees, officers and key employees, if any, are required to complete a conflict of interest disclosure statement upon taking office and annually thereafter. They are also required to promptly report changes to their most recently completed disclosure. The disclosure statements are reviewed with the chair of the board. If a potential conflict arises the board chair, with advice of counsel if appropriate, would develop a plan to mitigate any actual conflict of interest. For example, a voting board member would be required to recuse him or herself from voting on matters with which she or he has an actual or potential conflict of interest and the actual or potential conflict of interest would be disclosed to the other voting members.

Form 990, Part VI, Section C, Line 19

Copies of all documents are available to the public upon request.

FORM 990, PART VI, LINE 15:

The organization has no employees.

Filing and Contact Details

Filer

Filer Name
The Greenwich Hospital Endowment
EIN
06-1526642
Phone
4758974155
Address
5 PERRYRIDGE ROAD, GREENWICH, CT 06830

Signing Officer

Name
Arthur Martinez
Title
President & Chair
Phone
4758974155
Signed
2025-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arthur Martinez
Formed
1998
Legal Domicile
Ct
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
66 HUDSON BLVD E SUITE 2200, NEW YORK, NY 10001
Preparer
Mary-evelyn Antonetti
Phone
2126976900
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

The endowed funds' intended use is to generate income to support greenwich hospital program service functions and other operations.

PART X, LINE 2:

The following is an excerpt from note 1 of the audited financial statements: the ghef is a not-for-profit organization as described in section 501(c)(3) of the internal revenue code (the code) and is exempt from federal income taxes on related income pursuant to section 501(a) of the code. Under u.s. Gaap, the ghef is required to evaluate tax positions taken or expected to be taken in the course of preparing tax returns to determine whether the tax positions are "more likely than not" of being sustained by the applicable tax authority based upon the technical merits of the position. There are currently no examinations pending or in progress. The ghef recognizes the effect of tax positions only if they are more likely than not of being sustained. This evaluation had no impact on the operations of the ghef as of and for the years ended september 30, 2024 and 2023.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Grant expense netted against contributions on the financial statements 25,000.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Grant expense netted against contributions on the financial statements 25,000.

Raw XML AppendixShowing 400 of 517 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd00
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IRS990/AllOtherContributionsAmt05662748
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARIA MASSIMI
IRS990/BooksInCareOfDetail/PhoneNum04758974155
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05 PERRYRIDGE ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0GREENWICH
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IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE, TREASURER & SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE, PRESIDENT & CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0111862187
IRS990/InvestmentsPubTradedSecGrp/BOYAmt019997250
IRS990/InvestmentsPubTradedSecGrp/EOYAmt022991698
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt02419041
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt043149198
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SUPPORTING ORGANIZATION OF GREENWICH HOSPITAL
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0116413167
IRS990/NetAssetsOrFundBalancesEOYAmt0135783143
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt04014777
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04014777
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt020238735
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt081266949
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt091087147
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0550
IRS990/OtherExpensesGrp/TotalAmt0550
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt02500000
IRS990/OtherRevenueMiscGrp/BusinessCd0523000
IRS990/OtherRevenueMiscGrp/Desc0INCOME FROM PARTNERSHIP INVESTMEN
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-97265
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0-97265
IRS990/OtherRevenueTotalAmt0-97265
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01776511
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03429258
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ARTHUR MARTINEZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt084258
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt06025000
IRS990/PYInvestmentIncomeAmt03046304
IRS990/PYOtherExpensesAmt0377689
IRS990/PYOtherRevenueAmt0-8750
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-3280877
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt06402689
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03121812
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-868759
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FILING ORGANIZATION WAS ESTABLISHED TO SOLICIT, RECEIVE, MAINTAIN, HOLD, MANAGE AND ADMINISTER FUNDS, INCLUDING, WITHOUT LIMITATION, ENDOWMENT FUNDS OF GREENWICH HOSPITAL AND TO USE, APPLY AND DISTRIBUTE THE WHOLE OR ANY PART OF THE INCOME AND PRINCIPAL EXCLUSIVELY TO, OR FOR THE BENEFIT OF, GREENWICH HOSPITAL. THE FILING ORGANIZATION'S BOARD INCLUDES MEMBERS OF GREENWICH HOSPITAL'S BOARD PROVIDING FOR THE FILING ORGANIZATION TO BE RESPONSIVE TO THE NEEDS OF GREENWICH HOSPITAL.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1WITHOUT THE FILING ORGANIZATION'S INVOLVEMENT, GREENWICH HOSPITAL WOULD NEED TO UNDERTAKE THESE INVESTING ACTIVITIES ITSELF WERE THE FILING ORGANIZATION NOT MANAGING THESE INVESTMENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 2A:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 2B:
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0060646659
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt011225000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0GREENWICH HOSPITAL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt011225000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.67083
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0116413167
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt05662748
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0135783143
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt025162908
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt011455680
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0110731873
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt084258
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0116413167
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011845189
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt06248153
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0137715157
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0170281
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0110731873
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-21422217
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt05731348
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0118804129
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt04994
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0137715157
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt024101371
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt05195337
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt098624871
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt010435560
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0118804129
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt014685698
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt04942000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0185318
IRS990ScheduleD/ExpensesSubtotalAmt011430680
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0160318
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0160318
IRS990ScheduleD/NetUnrealizedGainsInvstAmt020238735
IRS990ScheduleD/OtherExpensesNotIncludedAmt025000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO GREENWICH HOSPITAL
IRS990ScheduleD/OtherRevenuesNotIncludedAmt025000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0111862187
IRS990ScheduleD/OtherSecuritiesGrp/Desc0OTHER SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.27797
IRS990ScheduleD/RevenueNotReportedAmt020238735
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0185318
IRS990ScheduleD/RevenueSubtotalAmt010561921
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWED FUNDS' INTENDED USE IS TO GENERATE INCOME TO SUPPORT GREENWICH HOSPITAL PROGRAM SERVICE FUNCTIONS AND OTHER OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOLLOWING IS AN EXCERPT FROM NOTE 1 OF THE AUDITED FINANCIAL STATEMENTS: THE GHEF IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. UNDER U.S. GAAP, THE GHEF IS REQUIRED TO EVALUATE TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE LIKELY THAN NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY BASED UPON THE TECHNICAL MERITS OF THE POSITION. THERE ARE CURRENTLY NO EXAMINATIONS PENDING OR IN PROGRESS. THE GHEF RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. THIS EVALUATION HAD NO IMPACT ON THE OPERATIONS OF THE GHEF AS OF AND FOR THE YEARS ENDED SEPTEMBER 30, 2024 AND 2023.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2GRANT EXPENSE NETTED AGAINST CONTRIBUTIONS ON THE FINANCIAL STATEMENTS 25,000.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3GRANT EXPENSE NETTED AGAINST CONTRIBUTIONS ON THE FINANCIAL STATEMENTS 25,000.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.05120
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0111862187
IRS990ScheduleD/TotalExpensesPerForm990Amt011615998
IRS990ScheduleD/TotalLiabilityAmt02500000
IRS990ScheduleD/TotalRevenuePerForm990Amt010747239
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt030800656
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011430680
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt060027313
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0INVESTMENT
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd01
IRS990ScheduleF/ForeignPartnershipInd01
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd01
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt060027313
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE AMOUNT OF INVESTMENTS REPORTED IN PART I ARE REPORTED AT FAIR MARKET VALUE.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART 1, LINE 3:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt060027313
IRS990ScheduleF/TransferToForeignCorpInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt011225000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT ORGANIZATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GREENWICH HOSPITAL
IRS990ScheduleI/RecipientTable/RecipientEIN0060646659
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05 PERRYRIDGE ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GREENWICH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CT
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd006830
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A SUPPORTING ORGANIZATION TO GREENWICH HOSPITAL. GRANTS ARE MADE TO GREENWICH HOSPITAL ON AN ANNUAL BASIS IN ACCORDANCE WITH SUPPORT TO GREENWICH HOSPITAL'S MISSION. RECORDS ARE MAINTAINED TO SUBSTANTIATE THE AMOUNT OF THE GRANTS PAID.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION SOUGHT TO CONFIRM THE INDEPENDENCE OF EACH VOTING MEMBER OF ITS GOVERNING BODY BY REQUESTING THAT EACH SUCH VOTING MEMBER RESPOND TO A QUESTIONNAIRE CONTAINING THE PERTINENT INSTRUCTIONS AND DEFINITIONS AND DESIGNED TO ELICIT THE INFORMATION NECESSARY TO DETERMINE INDEPENDENCE. IN THE EVENT THAT THE ORGANIZATION DOES NOT RECEIVE A RESPONSE FROM ANY SUCH VOTING MEMBER, THE ORGANIZATION REVIEWS OTHER INFORMATION KNOWN TO IT REGARDING THE VOTING MEMBER AND MAKES A REASONABLE ASSESSMENT OF INDEPENDENCE BASED ON THAT INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ARTHUR MARTINEZ (FATHER) AND GREG MARTINEZ (SON) BOTH SERVE AS DIRECTORS OF THE GREENWICH HOSPITAL ENDOWMENT FUND, INC. BOARD. CERTAIN OF THE ORGANIZATION'S CURRENT OFFICERS AND/OR TRUSTEES MAY SERVE AS OFFICERS AND/OR DIRECTORS OF TAX-EXEMPT AND TAXABLE AFFILIATES WITHIN THE ORGANIZATION'S CORPORATE SYSTEM OR JOINT VENTURES IN WHICH THE ORGANIZATION'S CORPORATE SYSTEM HAS AN OWNERSHIP INTEREST. THE INDIVIDUAL OFFICERS AND/OR TRUSTEES DO NOT HAVE PERSONAL FINANCIAL INTERESTS IN SUCH AFFILIATES AND SERVE ONLY AS A FUNCTION OF THEIR ROLES WITH THE ORGANIZATION OR WITHIN THE ORGANIZATION'S CORPORATE SYSTEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE MEMBERS. HOWEVER, PURSUANT TO THE ORGANIZATION'S BYLAWS, YALE NEW HAVEN HEALTH SERVICES CORPORATION (YNHHS) HAS THE RIGHT TO DESIGNATE ONE REPRESENTATIVE OF YNHHS TO SERVE AS A DIRECTOR OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PURSUANT TO THE ORGANIZATION'S BYLAWS, THE ORGANIZATION'S CERTIFICATE OF INCORPORATION AND BYLAWS MAY ONLY BE AMENDED UPON APPROVAL OF GREENWICH HOSPITAL AND YNHHS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 AND ATTACHED SCHEDULES ARE PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANT, BAKER TILLY ADVISORY GROUP, LP. A COMPLETE COPY OF THE RETURN IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRUSTEES, OFFICERS AND KEY EMPLOYEES, IF ANY, ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT UPON TAKING OFFICE AND ANNUALLY THEREAFTER. THEY ARE ALSO REQUIRED TO PROMPTLY REPORT CHANGES TO THEIR MOST RECENTLY COMPLETED DISCLOSURE. THE DISCLOSURE STATEMENTS ARE REVIEWED WITH THE CHAIR OF THE BOARD. IF A POTENTIAL CONFLICT ARISES THE BOARD CHAIR, WITH ADVICE OF COUNSEL IF APPROPRIATE, WOULD DEVELOP A PLAN TO MITIGATE ANY ACTUAL CONFLICT OF INTEREST. FOR EXAMPLE, A VOTING BOARD MEMBER WOULD BE REQUIRED TO RECUSE HIM OR HERSELF FROM VOTING ON MATTERS WITH WHICH SHE OR HE HAS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST AND THE ACTUAL OR POTENTIAL CONFLICT OF INTEREST WOULD BE DISCLOSED TO THE OTHER VOTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COPIES OF ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS NO EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, LINE 15:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00

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