Newton Medical Center Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Newton Medical Center Foundation, the philanthropic arm of Newton Medical Center exists to philanthropically serve the present and future health and wellness needs of our community and beyond, as defined by Newton Medical Center.
- Income
- $3.0 million
- Spending
- $1.9 million
- Spent on programs
- 74%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 65%
- Employees
- 0
- Volunteers
- 15
- Highest pay
- $3.4 million, evp-chief business & strat
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100.
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 38% of income.
Income trend
15 of 15Income rose 39% on the year before.
Spending floor
15 of 1574% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100.
Independent board
25 of 2527 of 29 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $1.1 million spent. Newton Medical Center Foundation transfers funds to Newton Medical Center (the "Hospital") to support the hospital and the community it serves. Transfers include payments on various capital campaigns supporting capital projects of the hospital as well as donations made for a specific purpose benefiting various areas of the hospital.
- $96,340 spent. The Foundation purchases AEDs (Automated External Defribrillators) and charges nonprofit community organizations 50% of the cost. The Foundation then assumes the balance of the purchase price as a donation to the community.
- $54,662 spent. Board approved funding that the Foundation awarded to Newton Medical Center for an Oncology Nurse Navigator to help assist the patient, their family, and/or caregivers across the continuum, to overcome any health barriers, providing a comprehensive assessment and facilitate timely referrals for appointments to the multidisciplinary oncology team
- $99,915 spent. Represents targeted funding of various Newton Medical Center programs/healthcare intitiatives including ovarion cancer screening and nursing scholarships among others.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1985.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Childrens Medical Center Foundation (Dallas, TX), EIN 75-2062015. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.