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Ifh Foundation

EIN 45-3769292 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair50 out of 100GovernanceGood86 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE IFH FOUNDATION WAS ESTABLISHED FOR PURPOSES OF DEVOTING AND APPLYING ITS ASSETS EXCLUSIVELY FOR THE SUPPORT AND BENEFIT OF THE INSTITUTE FOR FAMILY HEALTH. THE APPLICANT'S PRINCIPAL PROJECT AT THIS TIME IS THE OWNERSHIP, RENOVATION AND LEASING TO THE INSTITUTE FOR FAMILY HEALTH OF A COMMUNITY HEALTH CENTER IN HARLEM, NEW YORK COMMUNITY. FOR NEARLY THIRTY YEARS A KEY PROVIDER OF HEALTH CARE TO RESIDENTS OF THE HARLEM COMMUNITY OF NEW YORK CITY WAS NORTH GENERAL HOSPITAL. UNFORTUNATELY, NORTH GENERAL HOSPITAL ENTERED BANKRUPTCY IN 2010 AND CLOSED SHORTLY THEREAFTER. THE HOSPITAL'S CLOSURE WAS A SERIOUS BLOW TO THE HARLEM COMMUNITY. THE DORMITORY AUTHORITY OF NEW YORK ("DASNY"), A GOVERNMENTAL AGENCY THAT PROVIDES BOND FINANCING FOR NUMEROUS NON-PROFIT FACILITIES IN NEW YORK WAS A SIGNIFICANT SECURED CREDITOR OF NORTH GENERAL HOSPITAL, ACQUIRED THE HOSPITAL'S REAL PROPERTY IN THE BANKRUPTCY PROCEEDINGS. THIS SPECIAL PURPOSE SUBSIDIARY IS CALLED NGHP HOLDING CORPORATI

Income
$198,527
Spending
$835,105
Spent on programs
90%
Reserves
-13.3 months of spending
Largest source of income
fees for its services, 100%
Employees
0
Volunteers
2
Highest pay
$752,952, president

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

Fair: 50 out of 100. Higher than 21% of charities in its peer group (health care, under $250k).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    20 of 20

    It owes 8% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 321% of income.

  • Income trend

    15 of 15

    Income rose 0% on the year before.

  • Spending floor

    15 of 15

    90% of spending went to programs.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 86 out of 100. Higher than 72% of charities in its peer group (health care, under $250k).

  • Independent board

    18 of 25

    2 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • No reported misuse

    10 of 10

    Reports 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 (1)
  1. $750,182 spent. THE IFH FOUNDATION WAS ESTABLISHED FOR PURPOSES OF DEVOTING AND APPLYING ITS ASSETS EXCLUSIVELY FOR THE SUPPORT AND BENEFIT OF THE INSTITUTE FOR FAMILY HEALTH.

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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2013.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Ab Foundation (Washington, DC), EIN 27-5278038. 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.