UNIVERSITY OF PITTSBURGH AND UPMC … - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

THURMAN D WINGROVE

Phone

4126248104

Tax Period

2022-07-01 to 2023-06-30

UNIVERSITY OF PITTSBURGH AND UPMC MEDICAL AND HEALTH SCIENCES FOUNDATION, founded in 2004, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $13.8M in total revenue in fiscal year 2022.

Mission

THE MISSION OF THE MEDICAL & HEALTH SCIENCES FOUNDATION IS TO INTEGRATE PRIVATE FUNDRAISING FOR THE ENTIRE ACADEMIC MEDICAL CENTER WHICH COMPRISES THE SIX HEALTH SCIENCES SCHOOLS OF THE UNIVERSITY OF PITTSBURGH, UPMC, UPMC HILLMAN CANCER CENTER, AND WPIC. THE FOUNDATION WILL IDENTIFY, CULTIVATE, SOLICIT, AND STEWARD GIFTS FROM INDIVIDUALS AND ORGANIZATIONS/CORPORATIONS/FOUNDATIONS INTERESTED IN SUPPORTING CLINICAL CARE, BIOMEDICAL RESEARCH, AND EDUCATION.

Program Service Accomplishments

Program 1

THE ORGANIZATION WAS ESTABLISHED TO PROVIDE INTEGRATED FUNDRAISING PROGRAMS TO SERVE THE UNIVERSITY OF PITTSBURGH AND UNIVERSITY OF PITTSBURGH MEDICAL CENTER, AND THEREFORE HAS NO PROGRAM SERVICE...

THE ORGANIZATION WAS ESTABLISHED TO PROVIDE INTEGRATED FUNDRAISING PROGRAMS TO SERVE THE UNIVERSITY OF PITTSBURGH AND UNIVERSITY OF PITTSBURGH MEDICAL CENTER, AND THEREFORE HAS NO PROGRAM SERVICE ACTIVITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $13,768,619

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $13,768,619

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,574,187

Fundraising Expenses $13,768,619

Other Expenses $2,785,363

TOTAL EXPENSES $13,768,619

Year-over-Year Comparison

	2022	2021	Change
Revenue	$13,768,619	$13,108,322	+0.1%
Expenses	$13,768,619	$13,108,322	+0.1%
Net Income	$0	$0	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

106

Volunteers

303

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$13,847,221

Total Directors

$13,670,782

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY A ROMOFF	FORMER CO-CEO (THRU 7/31/21)	5.00		$0	$19,662	$17,886,701
LESLIE C DAVIS	CO-CHIEF EXECUTIVE OFFICER	5.00	Officer Director	$0	$575,123	$11,314,762
ARTHUR S LEVINE	FORMER DIRECTOR (THRU 6/1/20)	5.00		$0	$53,427	$1,552,817
ANANTHA SHEKHAR	DIRECTOR	5.00	Director	$0	$157,775	$1,536,666
PATRICK D GALLAGHER	CO-CHIEF EXECUTIVE OFFICER	5.00	Officer Director	$0	$139,969	$819,354
KRISTIN DAVITT	PRESIDENT & CDO	20.00	Officer	$0	$59,799	$806,374
NARAHARI SASTRY	TREASURER	5.00	Officer	$0	$56,976	$460,864
MICHELE P JEGASOTHY	SECRETARY	5.00	Officer	$0	$69,156	$445,867
MICHAEL S LAFRANKIE	SENIOR EXECUTIVE DIRECTOR	40.00	Highest	$240,867	$46,407	$287,274
A LAWNEY SNYDER	DIRECTOR OF DEVELOPMEMT	40.00	Highest	$229,940	$55,563	$285,503
ALICIA M KING	DIRECTOR OF DEVELOPMEMT	40.00	Highest	$248,762	$30,319	$279,081
CAROLYN HOYT	DIRECTOR OF DEVELOPMEMT	40.00	Highest	$226,261	$49,521	$275,782
JAMES J STRANG	SENIOR EXECUTIVE DIRECTOR	40.00	Highest	$210,417	$28,460	$238,877
G NICHOLAS BECKWITHIII	CHAIRPERSON (THRU 12/31/22)	5.00	Officer Director	$0	$0	$0
JOHN P SURMA	CHAIRPERSON (AS OF 1/1/23)	5.00	Officer Director	$0	$0	$0
DOUGLAS M BROWNING	DIRECTOR	5.00	Director	$0	$0	$0
MARK J LASKOW	DIRECTOR	5.00	Director	$0	$0	$0
SAM S ZACHARIAS	DIRECTOR	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$13,768,619	$13,768,619	No data	No data
2022	$13,108,322	$13,108,322	No data	No data
2021	$12,874,250	$12,874,250	No data	No data
2020	$13,512,280	$13,512,280	No data	No data
2019	$11,590,213	$11,590,213	No data	No data
2018	$11,873,649	$11,873,649	No data	No data

UNIVERSITY OF PITTSBURGH AND UPMC MEDICAL AND HEALTH SCIENCES FOUNDATION