Provide high-quality patient care, outreach to underserved communities, and advance clinical research and innovation across a broad range of medical services.
The Mount Sinai Hospital’s largest recent grants are tied to physician practice support inside its own medical ecosystem, with awards of $95,207,838 in 2025, $75,825,000 in 2024, and $79,923,334 in 2023 to Icahn School of Medicine at Mount Sinai for physician practice projects. That pattern points to a funder that uses very large, recurring grants to stabilize clinical operations, fund strategic initiatives, and support capital needs across affiliated health entities. Recent awards also show support for Mount Sinai Health System operating losses, South Nassau Communities Hospital capital projects, and community benefit work at the Institute for Family Health. The grant record aligns with a broad healthcare mandate: patient care, underserved communities, clinical research, nursing research and education, rehabilitation medicine, HIV prevention and treatment, and community health. The foundation’s most consistent recipients sit in New York, where grants are directed to hospitals, clinics, and medical schools rather than individuals. In addition to institutional support, it also operates a Guyana Digital Health Training Institute program focused on workforce training and electronic health record implementation.
Healthcare delivery is the clearest thread in the grant record. The Mount Sinai Hospital gave $27,384,383 in 2023 to Mount Sinai Health System for operating loss, then followed with $18,955,336 in 2024 and $15,665,693 in 2025 for the same purpose. It also awarded $25,000,000 in 2023 to South Nassau Communities Hospital Inc for a capital project and another $20,000,000 in 2024 for the same type of support. Community health benefit funding appears in grants to the Institute for Family Health, including $3,191,078 in 2023 for community benefit and $2,127,386 in 2025 for a community benefit project. Outside New York, the Guyana Digital Health Training Institute shows interest in digital health workforce training, health information systems, and EHR implementation.
Typical grant size is large and uneven: p25 is $3,191,078, median grant size is $22,500,000, and p75 is $35,260,000. The record shows repeated support to the same recipients across multiple years, especially Mount Sinai-affiliated institutions and operating-loss funding, which suggests ongoing institutional support rather than one-off awards. The foundation is classified as a regular funder, makes program-related investments, and funds individuals: False. Grants are project-specific and include operating support, capital project funding, and strategic initiative funding.
$152.2M
$5.9B
$4.7B
$4.5B
Most grants fall between $3.2M and $35.3M, with a median of $22.5M.
25th Percentile
$3.2M
Median
$22.5M
75th Percentile
$35.3M
About 100% of grants go to recipients in NY.
BRENDAN CARR 1
CHIEF EXECUTIVE OFFICER (START 1/1/24)
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Grantmaking is overwhelmingly local and concentrated in New York. All listed recent grants go to recipients in the United States, and 100% of grants in the dataset are to recipients in the HQ state, NY. New York, NY appears repeatedly across Mount Sinai Health System, Icahn School of Medicine at Mount Sinai, the Institute for Family Health, and Msmc Realty Corporation. Oceanside, NY also appears through South Nassau Communities Hospital Inc. The only non-U.S. activity in the active program list is Guyana, where the digital health training institute operates.
The grant record centers on healthcare providers, hospitals, clinics, and medical education institutions. Recent recipients include Icahn School of Medicine at Mount Sinai, Mount Sinai Health System, South Nassau Communities Hospital Inc, the Institute for Family Health, and Msmc Realty Corporation.
Its stated focus areas are healthcare, clinical services, nursing research and education, rehabilitation medicine, HIV prevention and treatment, and community health. The active program list also shows digital health workforce training and health information systems through the Guyana Digital Health Training Institute.
It supports both. Recent grants include multiple awards for operating loss to Mount Sinai Health System and Msmc Realty Corporation, alongside capital project funding for South Nassau Communities Hospital Inc and strategic project funding for Icahn School of Medicine at Mount Sinai.
The grant-size distribution is large: p25 is $3,191,078, the median is $22,500,000, and p75 is $35,260,000. That pattern shows a portfolio dominated by substantial institutional awards.
The dataset shows a very local pattern: 100% of listed grants go to recipients in New York, and New York is also the top state by grant count. Recipient cities include New York, NY and Oceanside, NY.
2026
Source: IRS Form 990-PF, fiscal year 2026.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | New York, NY | $95,207,838 | 2026 | FUND PHYSICIAN PRACTICE PROJECT |
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | New York, NY | $38,919,000 | 2026 | FUND STRATEGIC PROJECT |
| MOUNT SINAI HEALTH SYSTEM | New York, NY | $15,665,693 | 2026 | FUND OPERATING LOSS |
| INSTITUTE FOR FAMILY HEALTH | New York, NY | $2,127,386 | 2026 | COMMUNITY BENEFIT PROJECT |
| MSMC REALTY CORPORATION | New York, NY | $291,000 | 2026 | FUND OPERATING LOSS |
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | New York, NY | $95,207,838 | 2025 | FUND PHYSICIAN PRACTICE PROJECT |
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | New York, NY | $38,919,000 | 2025 | FUND STRATEGIC PROJECT |
| MOUNT SINAI HEALTH SYSTEM | New York, NY | $15,665,693 | 2025 | FUND OPERATING LOSS |
| INSTITUTE FOR FAMILY HEALTH | New York, NY | $2,127,386 | 2025 | COMMUNITY BENEFIT PROJECT |
| MSMC REALTY CORPORATION | New York, NY | $291,000 | 2025 | FUND OPERATING LOSS |
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | New York, NY | $75,825,000 | 2024 | FUND PHYSICIAN PRACTICE PROJECT |
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | new york, NY | $36,034,000 | 2024 | FUND STRATEGIC PROJECT |
| SOUTH NASSAU COMMUNITIES HOSPITAL INC | OCEANSIDE, NY | $20,000,000 | 2024 | FUND CAPITAL PROJECT |
| MOUNT SINAI HEALTH SYSTEM | New York, NY | $18,955,336 | 2024 | FUND OPERATING LOSS |
| INSTITUTE FOR FAMILY HEALTH | New York, NY | $3,191,078 | 2024 | COMMUNITY BENEFIT PROJECT |
| MSMC REALTY CORPORATION | New York, NY | $315,603 | 2024 | FUND OPERATING LOSS |
| ICHAN SCHOOL OF MEDICINE AT MOUNT SINAI | NEW YORK, NY | $79,923,334 | 2023 | FUND PHYSICIAN PRACTICE PROJECT |
| ICHAN SCHOOL OF MEDICINE AT MOUNT SINAI | New York, NY | $35,002,000 | 2023 | FUND STRATEGIC PROJECTS |
| MOUNT SINAI HEALTH SYSTEM | NEW YORK, NY | $27,384,383 | 2023 | FUND OPERATING LOSS |
| SOUTH NASSAU COMMUNITIES HOSPITAL INC | OCEANSIDE, NY | $25,000,000 | 2023 | FUND CAPITAL PROJECT |
| INSTITUTE FOR FAMILY HEALTH | NEW YORK, NY | $3,191,078 | 2023 | COMMUNITY BENEFIT |
| MSMC REALTY CORPORATION | New York, NY | $398,330 | 2023 | FUND OPERATING LOSS |
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
$95,207,838FUND PHYSICIAN PRACTICE PROJECT
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
$38,919,000FUND STRATEGIC PROJECT
MOUNT SINAI HEALTH SYSTEM
$15,665,693FUND OPERATING LOSS
INSTITUTE FOR FAMILY HEALTH
$2,127,386COMMUNITY BENEFIT PROJECT
MSMC REALTY CORPORATION
$291,000FUND OPERATING LOSS
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
$95,207,838FUND PHYSICIAN PRACTICE PROJECT
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
$38,919,000FUND STRATEGIC PROJECT
MOUNT SINAI HEALTH SYSTEM
$15,665,693FUND OPERATING LOSS
INSTITUTE FOR FAMILY HEALTH
$2,127,386COMMUNITY BENEFIT PROJECT
MSMC REALTY CORPORATION
$291,000FUND OPERATING LOSS
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
$75,825,000FUND PHYSICIAN PRACTICE PROJECT
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
$36,034,000FUND STRATEGIC PROJECT
SOUTH NASSAU COMMUNITIES HOSPITAL INC
$20,000,000FUND CAPITAL PROJECT
MOUNT SINAI HEALTH SYSTEM
$18,955,336FUND OPERATING LOSS
INSTITUTE FOR FAMILY HEALTH
$3,191,078COMMUNITY BENEFIT PROJECT
MSMC REALTY CORPORATION
$315,603FUND OPERATING LOSS
ICHAN SCHOOL OF MEDICINE AT MOUNT SINAI
$79,923,334FUND PHYSICIAN PRACTICE PROJECT
ICHAN SCHOOL OF MEDICINE AT MOUNT SINAI
$35,002,000FUND STRATEGIC PROJECTS
MOUNT SINAI HEALTH SYSTEM
$27,384,383FUND OPERATING LOSS
SOUTH NASSAU COMMUNITIES HOSPITAL INC
$25,000,000FUND CAPITAL PROJECT
INSTITUTE FOR FAMILY HEALTH
$3,191,078COMMUNITY BENEFIT
MSMC REALTY CORPORATION
$398,330FUND OPERATING LOSS