TEMPLETON FOUNDATION

EIN: 133317084 501(c)(3) Health Care

COOPERSTOWN, NY

Total Revenue
$7,319,049
Total Expenses
$6,925,320
Total Assets
$47,856,540
Net Assets
$29,265,306
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NY
Principal Officer
STACI THOMPSON
Phone
6075473635
Tax Period
2023-01-01 to 2023-12-31

TEMPLETON FOUNDATION, founded in 1984, is a community nonprofit in the Health Care sector that reported $7.3M in total revenue in fiscal year 2023. Expenses of $6.9M left a modest 5% surplus.

Mission

TEMPLETON FOUNDATION'S MISSION IS TO PROMOTE HEALTHCARE IN OTSEGO, CHENANGO, MADISON, ONEIDA, HERKIMER, FULTON, MONTGOMERY, SCHOHARIE, DELAWARE, AND SULLIVAN COUNTIES BY PROVIDING NECESSARY RESIDENTIAL FACILITIES AND OFFICE SPACE TO HOSPITALS AND HEALTH CARE ORGANIZATIONS WITHIN THE COUNTY AND TO MANAGE AND ADMINISTER PROPERTY HELD EXCLUSIVELY FOR CHARITABLE PURPOSES.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $7,317,655
Investment Income $1,394
Other Revenue $0
TOTAL REVENUE $7,319,049

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $6,925,320
Other Expenses $6,925,320
TOTAL EXPENSES $6,925,320

Year-over-Year Comparison

2023 2022 Change
Revenue $7,319,049 $7,212,269 +0.0%
Expenses $6,925,320 $6,008,674 +0.2%
Net Income $393,729 $1,203,595 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$2,313,196
Total Directors
6
$742,362
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOMMY IBRAHIM MD PRESIDENT 0.50
Officer Director
$0 $33,236 $742,362
PETER HAMILTON TRUSTEE 0.50
Director
$0 $0 $0
ROBERT HANFT TRUSTEE 0.50
Director
$0 $0 $0
KEVIN MOORE TRUSTEE 0.50
Director
$0 $0 $0
JAMES PATRICK TRUSTEE 0.50
Director
$0 $0 $0
DOUGLAS WILLIES TRUSTEE 0.50
Director
$0 $0 $0
HENRY WEIL MD VICE PRESIDENT 0.50
Officer
$0 $39,545 $731,092
ANDREW MARIETTA SECRETARY 0.50
Officer
$0 $0 $0
JEFFREY MORGAN TREASURER (BEG. APRIL 2023) 0.50
Officer
$0 $3,523 $336,920
PAUL SWINKO TREASURER (THRU MARCH 2023) 0.50
Officer
$0 $13,800 $502,822
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
2024 No data No data No data No data
2023 $7,319,049 $6,925,320 $47,856,540 $393,729
2022 $7,212,269 $6,008,674 $49,229,712 $1,203,595
2021 $7,194,400 $5,114,022 $47,757,464 $2,080,378
2020 $7,029,318 $6,195,300 $46,406,023 $834,018
2019 $7,264,422 $6,778,479 $45,610,084 $485,943
2018 $6,532,972 $6,615,019 $45,710,841 $-82,047
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