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JACK MARTIN FUND INC
NEW YORK, NY · EIN 116036408 · Form 990 · FY2023 · NTEE E22J · Health Care · Small ($100K-$1M) · jackmartinfund.org
revenue
$721K
expenses
$45K
net assets
$1.3M
employees
0
program ratio
47%
mission · from form 990

GRANTS TO SUPPORT TAX-EXEMPT MEDICAL ORGANIZATIONS

profile · synthesized from sources

The Jack Martin Fund is a volunteer-driven nonprofit foundation established in 1950 to support Mount Sinai Hospital in New York City. It has provided over $45 million in funding for medical care, research, and education, with a current focus on pediatric hematology, oncology, and imaging. The organization sustains itself through annual fundraising events and directs all contributions to Mount Sinai without paid staff.

named programs · 3 · from sources

What they call their work

Jack Martin Fund Child and Adolescent Imaging Center
Newly established imaging center at Mount Sinai Kravis Children’s Hospital funded by a $3.5 million commitment to provide advanced, child-friendly diagnostic technology
Jack Martin Fund Division of Pediatric Hematology & Oncology
Provides comprehensive care and research support for children with cancer and blood diseases at Mount Sinai Kravis Children’s Hospital; has received over $6 million in support over 15 years
Paws & Play
Facility dog program at Mount Sinai pairing animal-assisted therapy with child life specialists and creative arts therapists to support pediatric patients, families, and staff
activities · 5 groups

What they do

  • Hospital and Medical Center Support 2 activities
    • Funding endowment and capital projects for medical advancement
      Established a $2 million endowment fund to ensure ongoing financial support for medical research and education at Mount Sinai. Also raised and donated funds specifically for construction costs of major facilities, including proceeds from events directed to the Jack Martin Respirator Center.
    • Funding medical research and healthcare infrastructure at Mount Sinai
      Funds medical research, education, and technology initiatives at Mount Sinai, including contributions exceeding $45 million since 1950. Supports long-term research and development efforts such as a heart-assist device to prevent second open-heart surgeries and expanded respiratory treatment research for polio.
  • Pediatric Medical Care and Research Support 2 activities
    • Funding pediatric hematology, oncology, and cancer care at Mount Sinai
      Provides sustained grant support for pediatric hematology and oncology programs at Mount Sinai, including over $6 million in funding over 15 years. Financed the development of the Jack Martin Fund Inpatient Unit for Children’s Cancer and Blood Disease, which opened in spring 2018.
    • Funding specialized pediatric medical facilities at Mount Sinai
      Awards grants for the construction and operation of specialized pediatric facilities, including the Jack Martin Fund Child and Adolescent Imaging Center (established with a $3.5 million commitment in May 2022) and the Play Space inaugurated November 1, 2023. Also funded the largest children's diabetes clinic in New York City.
  • Mental Health Research and Services Funding 1 activity
    • Funding child and adolescent mental health services at Mount Sinai
      Funds the establishment and ongoing operations of the Jack Martin Adolescent Psychiatry Division at Mount Sinai Hospital. Provided initial and continued support for adolescent psychiatry services, including capital projects like the Jack Martin Respirator Center linked to psychiatric care.
  • Charity Event Organization 1 activity
    • Hosting benefit events for pediatric and adolescent health programs
      Organizes and hosts annual fundraising events such as the Crown Ball, golf outings, College Game Day Tailgate, Pickleball Tournament, and a benefit performance of "Exodus" to support pediatric hematology-oncology and adolescent psychiatry divisions at Mount Sinai.
  • Uncategorized 1 activity
    • Operating and supporting the Jack Martin Respirator Center
      Established and operated the Jack Martin Respirator Center at Mount Sinai Hospital starting in 1953, including transferring the first ten patients and managing a 16- to 17-bed unit. Provided joint financial and operational oversight, initially funded through dedicated fundraising efforts totaling $200,000 or more.
financials · form 990 · fy2023
revenue
Total revenue$721K
Contributions & grants$29K4%
Program service revenue$00%
Investment income$42K6%
Other revenue$649K
expenses
Total expenses$45K
Program expenses47%
Admin / overhead53%
Fundraising0%
Salaries & benefits$0
Grants paid out$21K
Largest expense lineFacilities
balance sheet
Total assets$1.30M
Cash$1.30M
Investments$0
Liabilities$0
Net assets$1.30M
Liquid reserves345.7 mo
5 years on record · 2019–2023 · YoY revenue +3.9%
leadership · form 990 part vii · fy2023

Who runs it

board members · 3
  • CHRIS MONGELUZO — PRESIDENT
  • JEFFREY GABEL — SECRETARY
  • MARK ZELLER — VICE PRESIDENT/TREASURER
relationships · 20

Who they work with

  • Jewish Philanthropic League of Brooklyn Partner — Donated $20,000 toward the construction of the Jack Martin Respirator Center at Mount Sinai Hospital.
  • Kravis Children's Hospital Partner — Recipient of Jack Martin Fund grants, including support for the Hematology Oncology Division and the Child and Adolescent Imaging Center.
  • Mount Sinai Partner — Recipient of funds raised by the Jack Martin Fund to support Pediatric Hematology-Oncology.
  • Mount Sinai Health System Partner — Collaborates to support pediatric hematology oncology and enhance patient and family programs.
  • Mount Sinai Hospital Partner — Collaborates to establish and operate the city's first respirator center for polio patients.
  • Mount Sinai Hospital Partner — Collaborates with the Adolescent Psychiatry Division of Mount Sinai Hospital to support patient care.
  • Mount Sinai Hospital Partner — Fund recipient and program implementation partner for the Jack Martin Respirator Center and the Jack Martin Adolescent Psychiatry Division.
  • Mount Sinai Hospital Partner — Host institution for the Jack Martin Adolescent Psychiatry Center.
  • Mount Sinai Hospital Partner — Hosted the Jack Martin Respirator Center and collaborated on the dedication of the sixteen-bed unit for polio patients.
  • Mount Sinai Hospital Partner — Hosts the Jack Martin Polio Respirator Center on its premises.
  • Mount Sinai Hospital Partner — Longstanding partnership since 1950 to support pediatric care, research, and medical education.
  • Mount Sinai Hospital Partner — Partnered to construct and operate a respirator center funded by the Jack Martin Polio Fund.
  • Mount Sinai Hospital Partner — Partnered to construct the Jack Martin Respirator Center.
  • Mount Sinai Kravis Children's Hospital Partner — Longstanding institutional partner receiving funding and programmatic support from the Jack Martin Fund.
  • Mount Sinai Kravis Children’s Hospital Partner — Longstanding partner receiving funding for pediatric cancer care and imaging infrastructure.
  • National Foundation for Infantile Paralysis Government — Provided expert oversight through Dr. W. Kenneth Lane, assistant director of respirator center services, who emphasized support for the March of Dimes campaign.
  • National Foundation for Infantile Paralysis Government — Provides guidance on funding allocation and collaborates through its Greater New York chapter to support the respirator center.
  • National Foundation for Infantile Paralysis Government — Supports the Jack Martin Polio Respirator Center as part of a national network of similar facilities.
  • National Foundation for Infantile Paralysis Government — Supports the operation of the respirator center at Mount Sinai Hospital.
  • National Foundation for Infantile Paralysis Partner — Partnered with NFIP to establish the first respirator center between Miami and Boston in 1956.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Adaptive Grantmaking Informed by Clinical Expertise
    methodology: adaptive_grantmaking
    By aligning funding decisions with input from hospital officials and shifting focus in response to emerging medical needs, the organization ensures resources address the most urgent patient care gaps, because expert-informed prioritization increases impact and responsiveness.
  • Memorial-Based Fundraising to Build Healthcare Infrastructure
    methodology: memorial-based_healthcare_infrastructure
    By establishing medical facilities and programs in memory of individuals affected by disease, the organization channels personal loss into sustained funding and community engagement, because commemorative giving fosters emotional connection and long-term donor commitment to healthcare infrastructure.
  • Volunteer-Powered Operations to Maximize Funding Impact
    methodology: volunteer_only_operations
    By operating entirely through volunteers, the organization ensures 100% of raised funds directly support medical programs, because eliminating administrative overhead strengthens donor trust and amplifies the real-world impact of contributions.