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Pagny Health and Research Foundation Inc

EIN 81-1318522 · New York, NY

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

LegitimacyPassesRegistration and standingFinancial healthFair66 out of 100GovernanceGood71 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE FOUNDATION PROVIDES A STRONG NETWORK TO SUPPORT EXPERIENCED, MID-CAREER, AND NOVICE RESEARCHERS WHO SEEK GRANTS TO CONDUCT BIOMEDICAL AND HEALTH SERVICES RESEARCH TO FURTHER PHYSICIAN AFFILIATE GROUP OF NEW YORK, P.C.'S MISSION OF ENHANCING THE QUALITY OF HEALTHCARE FOR ALL NEW YORKERS. A MAJOR FOCUS OF THE FOUNDATION IS THE STUDY OF THE FACTORS THAT CONTRIBUTE TO PHYSICIANS' WELLNESS AND TO DEVELOP INNOVATIVE PROGRAMS AND INTERVENTIONS TO PROMOTE PHYSICIAN ENGAGEMENT AND PROVIDE GREATER WORK-LIFE BALANCE AND SATISFACTION.

Income
$12,141
Spending
$63,291
Spent on programs
82%
Reserves
96.5 months of spending
Largest source of income
investment income, 100%
Employees
9
Volunteers
3
Highest pay
$774,736, interim ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 66 out of 100. Higher than 34% of charities in its peer group (medical research, under $250k).

  • Reserves

    35 of 35

    Spendable reserves would cover 96.5 months of spending.

  • Debt

    16 of 20

    It owes 22% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 421% of income.

  • Income trend

    0 of 15

    Income fell 95% on the year before.

  • Spending floor

    15 of 15

    82% of spending went to programs.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 71 out of 100. Higher than 60% of charities in its peer group (medical research, under $250k).

  • Independent board

    5 of 25

    3 of 6 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 June 30, 2025, 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. $51,636 spent. THE FOUNDATION PROVIDES A STRONG NETWORK TO SUPPORT EXPERIENCED, MID-CAREER, AND NOVICE RESEARCHERS WHO SEEK GRANTS TO CONDUCT BIOMEDICAL AND HEALTH SERVICES RESEARCH TO FURTHER PHYSICIAN AFFILIATE GROUP OF NEW YORK, P.C.'S, A RELATED 501(C)(3) ORGANIZATION, MISSION OF ENHANCING THE QUALITY OF HEALTHCARE FOR ALL NEW YORKERS. A MAJOR FOCUS OF THE FOUNDATION IS THE STUDY OF THE FACTORS THAT CONTRIBUTE TO PHYSICIANS' WELLNESS AND TO DEVELOP INNOVATIVE PROGRAMS AND INTERVENTIONS TO PROMOTE PHYSICIAN ENGAGEMENT AND PROVIDE GREATER WORK-LIFE BALANCE AND SATISFACTION. THE FOUNDATION DID NOT INITIATE ANY NEW PROGRAMS AND REMAINED FOCUSED ON COMPLETING AND EVALUATING THE OUTCOMES OF ITS EXISTING INITIATIVES.

Source: Form 990 for the year ending June 30, 2025, 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 June 2025.

    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 April 2017.

    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.

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.