Form990


Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
A For the 2023 calendar year, or tax year beginning 01-01-2023 , and ending 12-31-2023
BCheck if applicable:
CName of organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
1275 YORK AVENUE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10065
D Employer identification number

91-2154267
E Telephone number

G Gross receipts $ 8,004,907,712
F Name and address of principal officer:
SELWYN M VICKERS MD
1275 YORK AVENUE
NEW YORK,NY10065
I
Tax-exempt status: (   ) (insert no.) or
J
Website:
http://www.mskcc.org/
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. See instructions. Click to see attachment
List of Attached Documents:
// Content
H(c)
Group exemption number 3475
K Form of organization:  
L Year of formation:  
M State of legal domicile:
Part I
Summary
Activities  & Governance 1 Briefly describe the organization’s mission or most significant activities: LEADERSHIP IN THE PREVENTION, TREATMENT, AND CURE OF CANCER THROUGH EXCELLENCE, VISION AND COST EFFECTIVENESS IN PATIENT CARE, OUTREACH PROGRAMS, RESEARCH, AND EDUCATION.
2 Check this box
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 111
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 102
5 Total number of individuals employed in calendar year 2023 (Part V, line 2a) ...... 5 25,365
6 Total number of volunteers (estimate if necessary) ............. 6 370
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 32,767,472
b Net unrelated business taxable income from Form 990-T, Part I, line 11 ......... 7b 1,713,565
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 693,029,020 730,582,000
9 Program service revenue (Part VIII, line 2g) ......... 5,673,295,000 6,306,939,000
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 808,719,000 306,904,066
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 76,903,980 118,198,934
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 7,251,947,000 7,462,624,000
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 18,006,000 27,561,322
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 3,626,916,179 3,711,817,811
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) 79,820,612    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 3,207,084,821 3,449,330,265
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 6,852,007,000 7,188,709,398
19 Revenue less expenses. Subtract line 18 from line 12....... 399,940,000 273,914,602
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 13,998,385,000 14,659,485,000
21 Total liabilities (Part X, line 26)............. 5,257,167,000 5,422,118,000
22 Net assets or fund balances. Subtract line 21 from line 20..... 8,741,218,000 9,237,367,000
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
Signature of officer Date
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name

Firm's EIN
Firm's address



Phone no.
May the IRS discuss this return with the preparer shown above? See Instructions. ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2023)
Form 990 (2023)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: See schedule O
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 5,863,755,670 including grants of $ 8,938,230 ) (Revenue $ 6,105,881,000 )
SEE SCHEDULE O
4b (Code:   ) (Expenses $ 975,731,057 including grants of $ 15,954,437 ) (Revenue $ 201,058,000 )
SEE SCHEDULE O
4c (Code:   ) (Expenses $ 240,313,367 including grants of $ 2,668,655 ) (Revenue $ 0 )
SEE SCHEDULE O
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expenses7,079,800,094
Form 990 (2023)
Form 990 (2023)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment
List of Attached Documents:
// Content
.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment
List of Attached Documents:
// Content
...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part IIClick to see attachment
List of Attached Documents:
// Content
.........
4
Yes
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..
5
 
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I.........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D,
Part III..............
8
 
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part VClick to see attachment
List of Attached Documents:
// Content
......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D,
Part VI. Click to see attachment
List of Attached Documents:
// Content
...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment
List of Attached Documents:
// Content
.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
List of Attached Documents:
// Content
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII
......................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
List of Attached Documents:
// Content
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule EClick to see attachment
List of Attached Documents:
// Content
13
Yes
 
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
Yes
 
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........Click to see attachment
List of Attached Documents:
// Content
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment
List of Attached Documents:
// Content
18
Yes
 
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....Click to see attachment
List of Attached Documents:
// Content
20a
Yes
 
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? Click to see attachment
List of Attached Documents:
// Content
20b
Yes
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
List of Attached Documents:
// Content
21
Yes
 
Form 990 (2023)
Form 990 (2023)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
List of Attached Documents:
// Content
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
List of Attached Documents:
// Content
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............Click to see list of attachments
List of Attached Documents:
// Content
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
No
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
No
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................
25b
 
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part III.........................
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....Click to see attachment
List of Attached Documents:
// Content
28b
Yes
 
c
A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV..................... Click to see attachment
List of Attached Documents:
// Content
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..Click to see attachment
List of Attached Documents:
// Content
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............Click to see attachment
List of Attached Documents:
// Content
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
List of Attached Documents:
// Content
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
List of Attached Documents:
// Content
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI
37
 
No
38
Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..
1a
1,379
b
Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
Form 990 (2023)
Form 990 (2023)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
25,365
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
 
No
b
If "Yes," enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
Yes
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.
15
Yes
 
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
17
Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.
17
 
 
Form 990 (2023)
Form 990 (2023)
Page 6
Part VI
Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
111
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
102
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
Yes
 
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filed
AL , AK , AZ , AR , CA , CO , CT , DE , FL , GA , HI , ID , IL , IN , IA , KS , KY , LA , ME , MD , MA , MI , MN , MS , MO , MT , NE , NV , NH , NJ , NM , NY , NC , ND , OH , OK , OR , PA , RI , SC , SD , TN , TX , UT , VT , VA , WA , WV , WI , WY
18
Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
KEVIN MALARKEY1275 YORK AVENUE   NEW YORK,NY100656007 (646) 227-2638
Form 990 (2023)
Form 990 (2023)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) DEBRA BERNS
 
SVP & CHIEF RISK OFFICER
50.0
.................
0
X   X       1,136,118 0 46,654
(2) DOUGLAS A WARNER III
 
SEE SCHEDULE O
11.0
.................
0
X   X       0 0 0
(3) IAN COOK
 
SEE SCHEDULE O
12.0
.................
0
X   X       0 0 0
(4) JOHN R STRANGFELD
 
SEE SCHEDULE O
6.0
.................
0
X   X       0 0 0
(5) KATHRYN MARTIN
 
CHIEF OPERATING OFFICER (UNTIL 3/23)
50.0
.................
0
X   X       4,698,854 0 63,637
(6) LOUIS V GERSTNER JR
 
SEE SCHEDULE O
16.0
.................
0
X   X       0 0 0
(7) MARIE-JOSEE KRAVIS
 
SEE SCHEDULE O
14.0
.................
0
X   X       0 0 0
(8) MARK SVENNINGSON
 
VP, FINANCE (UNTIL 2/23)
50.0
.................
0
X   X       1,766,755 0 15,004
(9) MICHAEL HARRINGTON
 
EVP & CHIEF FINANCIAL OFFICER
50.0
.................
0
X   X       2,334,269 0 64,501
(10) SCOTT M STUART
 
SEE SCHEDULE O
16.0
.................
0
X   X       0 0 0
(11) SELWYN VICKERS MD
 
BOARD MEMBER, PRESIDENT AND CHIEF EXECUTIVE
50.0
.................
0
X   X       5,489,537 0 297,622
(12) ALAN D SCHNITZER
 
SEE SCHEDULE O
11.0
.................
0
X           0 0 0
(13) ALEXANDER T ROBERTSON
 
SEE SCHEDULE O
6.0
.................
0
X           0 0 0
(14) ANTHONY B EVNIN
 
SEE SCHEDULE O
6.0
.................
0
X           0 0 0
(15) BENJAMIN W HEINEMAN JR
 
SEE SCHEDULE O
6.0
.................
0
X           0 0 0
(16) BRUCE C RATNER
 
SEE SCHEDULE O
6.0
.................
0
X           0 0 0
(17) CLIFTON S ROBBINS
 
SEE SCHEDULE O
8.0
.................
0
X           0 0 0
Form 990 (2023)
Form 990 (2023)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) ELLEN V FUTTER
 
SEE SCHEDULE O
8.0
.......................0
X           0 0 0
(19) GEOFFREY CANADA
 
SEE SCHEDULE O
2.0
.......................0
X           0 0 0
(20) HENRY A FERNANDEZ
 
SEE SCHEDULE O
6.0
.......................0
X           0 0 0
(21) JAMES D ROBINSON III
 
SEE SCHEDULE O
6.0
.......................0
X           0 0 0
(22) JAMES G NIVEN
 
SEE SCHEDULE O
11.0
.......................0
X           0 0 0
(23) JAMIE C NICHOLLS
 
SEE SCHEDULE O
6.0
.......................0
X           0 0 0
(24) JEFFREY P JOHNSON
 
SEE SCHEDULE O
2.0
.......................0
X           0 0 0
(25) JONATHAN N GRAYER
 
SEE SCHEDULE O
6.0
.......................0
X           0 0 0
(26) MARGARET BURKE
 
SVP, PARTNERSHIP OPERATIONS (UNTIL 10/23)
50.0
.......................0
X           804,288 0 77,441
(27) MARGARET KEANE
 
SEE SCHEDULE O
6.0
.......................0
X           0 0 0
(28) PETER A WEINBERG
 
SEE SCHEDULE O
6.0
.......................0
X           0 0 0
(29) PETER J SOLOMON
 
SEE SCHEDULE O
6.0
.......................0
X           0 0 0
(30) RICHARD BEATTIE
 
SEE SCHEDULE O
13.0
.......................0
X           0 0 0
(31) RICHARD N FOSTER
 
SEE SCHEDULE O
6.0
.......................0
X           0 0 0
(32) ROGER W FERGUSON
 
SEE SCHEDULE O
6.0
.......................0
X           0 0 0
(33) SIMON POWELL MD
 
CHAIRMAN ATTENDING
50.0
.......................0
X           1,872,269 0 65,592
(34) STANLEY F DRUCKENMILLER
 
SEE SCHEDULE O
6.0
.......................0
X           0 0 0
(35) STEPHEN C SHERRILL
 
SEE SCHEDULE O
8.0
.......................0
X           0 0 0
(36) STEPHEN FRIEDMAN
 
SEE SCHEDULE O
6.0
.......................0
X           0 0 0
(37) VIRGINIA M ROMETTY
 
SEE SCHEDULE O
6.0
.......................0
X           0 0 0
(38) WILLIAM E FORD
 
SEE SCHEDULE O
6.0
.......................0
X           0 0 0
(39) WILLIAM HELMAN
 
SEE SCHEDULE O
6.0
.......................0
X           0 0 0
(40) AMADOR CENTENO
 
SVP OF FACILITIES MANAGEMENT & REAL ESTATE DEVELOPMENT (UNTIL 10/23)
50.0
.......................0
    X       1,063,117 0 30,628
(41) ANAEZE OFFODILE MD
 
EVP, CHIEF STRATEGY OFFICER (EFF 5/23)
50.0
.......................0
    X       544,669 0 35,845
(42) CAROLYN LEVINE ESQ
 
VP, DEPUTY GENERAL COUNSEL & CORPORATE SECRETARY
50.0
.......................0
    X       565,599 0 65,538
(43) ERIN MCDONOUGH
 
EVP, CHIEF MARKETING & COMMUNICATION OFFICER
50.0
.......................0
    X       985,689 0 45,086
(44) FREDRICK GROVES
 
EVP HOSPITAL ADMINISTRATION (UNTIL 2/23)
50.0
.......................0
    X       1,112,947 0 65,249
(45) JASON KLEIN
 
SVP & CHIEF INVESTMENT OFFICER
50.0
.......................0
    X       3,498,969 0 82,476
(46) JOAN MASSAGUE
 
CHIEF SCIENTIFIC OFFICER
50.0
.......................0
    X       1,890,877 0 75,780
(47) JORGE LOPEZ ESQ
 
EVP & GENERAL COUNSEL
50.0
.......................0
    X       1,508,282 0 82,296
(48) KENNETH MANOTTI
 
SVP, CHIEF DEVELOPMENT OFFICER
50.0
.......................0
    X       1,921,418 0 70,484
(49) KERRY BESSEY
 
SR VP/CHIEF HUMAN RESOURCES OFCR (UNTIL 3/23)
50.0
.......................0
    X       1,702,273 0 79,897
(50) LAKISHA MACK
 
EVP, CHIEF ADMINISTRATIVE OFFICER (EFF 3/23)
50.0
.......................0
    X       616,975 0 57,205
(51) LISA DEANGELIS MD
 
CHIEF PHYSICIAN EXECUTIVE
50.0
.......................0
    X       2,134,180 0 76,428
(52) REMY EVARD
 
EVP, CHIEF DIGITAL OFFICER
50.0
.......................0
    X       1,589,476 0 71,898
(53) SHELLY ANDERSON
 
HOSPITAL PRESIDENT (EFF 9/23)
50.0
.......................0
    X       853,032 0 26,400
(54) TOMYA WATT
 
EVP, INTERIM CHIEF HUMAN RESOURCES OFFICER (EFF 3/23)
50.0
.......................0
    X       898,519 0 71,031
(55) TRACY GOSSELIN
 
Senior Vice President & Chief Nursing Executive
50.0
.......................0
    X       952,138 0 40,604
(56) BABAK MEHRARA MD
 
CHIEF ATTENDING
50.0
.......................0
        X   2,574,038 0 81,968
(57) JEFFREY DREBIN MD
 
CHAIRMAN ATTENDING
50.0
.......................0
        X   2,932,925 0 77,726
(58) JONAS NELSON MD
 
ASSISTANT ATTENDING
50.0
.......................0
        X   2,101,218 0 65,486
(59) MICHELLE CORIDDI MD
 
ASSISTANT ATTENDING
50.0
.......................0
        X   2,260,541 0 59,601
(60) ROBERT ALLEN MD
 
ASSOCIATE ATTENDING
50.0
.......................0
        X   2,082,394 0 76,026
(61) CRAIG THOMPSON MD
 
FORMER PRESIDENT & CEO
50.0
.......................0
          X 2,021,713 0 70,070
(62) ROXANNE TAYLOR
 
Former Officer
0.0
.......................0
          X 1,077,404 0 0
1b Sub-Total..............
c Total from continuation sheets to Part VII, Section A..
d Total (add lines 1b and 1c)......... 54,990,483 0 2,038,173
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 10,723
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual
...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address
(B)
Description of services
(C)
Compensation
CANNON DESIGN ARCHITECTURE

300 E 42ND ST
NEW YORK,NY10017
ARCHITECTURE 23,119,690
JGN CONSTRUCTION CORP

66-40 69TH ST
MIDDLE VILLAGE,NY11379
CONSTRUCTION 21,982,458
LEND LEASE US CONSTRUCTION

200 PARK AVE
New YoRk,NY10166
CONSTRUCTION 14,413,816
VARIAN MEDICAL SYSTEMS INC

3120 HANSEN WAY
M/S G100
PALO ALTO,CA943041038
CONSTRUCTION 12,409,706
GE PRECISION HEALTHCARE LLC

500 W MONROE ST
CHICAGO,IL60661
CONSTRUCTION 8,759,609
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 209
Form 990 (2023)
Form 990 (2023)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue
(B)
Related or
exempt
function
revenue
(C)
Unrelated
business
revenue
(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, Grants, and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c 3,535,000
d Related organizations1d  
e Government grants (contributions)1e 274,390,000
f All other contributions, gifts, grants, and similar amounts not included above1f 452,657,000
g Noncash contributions included in lines 1a - 1f:$ 1g 17,891,697
h Total. Add lines 1a-1f....... 730,582,000
 Program Service RevenueAmt Business Code
2a MEDICAL CARE 622310 6,105,881,000 6,105,881,000    
b NON-GOVERNMENT SPONSORED RESEARCH 541711 201,058,000 201,058,000    
c
d
e
f All other program service revenue. 0 0 0 0
g Total. Add lines 2a–2f ..... 6,306,939,000
 OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ...... 83,401,066   13,484,538 69,916,528
4 Income from investment of tax-exempt bond proceeds        
5 Royalties........... 66,273,000     66,273,000
(i) Real (ii) Personal
6a Gross rents 6a 36,096,000  
b Less: rental expenses 6b 52,171,000  
c Rental income or (loss) 6c -16,075,000 0
d Net rental income or (loss)....... -16,075,000     -16,075,000
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 7a 712,843,740  
b Less: cost or other basis and sales expenses 7b 489,340,740  
c Gain or (loss) 7c 223,503,000 0
d Net gain or (loss)......... 223,503,000     223,503,000
8a Gross income from fundraising events (not including $ 3,535,000of contributions reported on line 1c). See Part IV, line 18 ....
8a 121,365
b Less: direct expenses ... 8b 771,972
c Net income or (loss) from fundraising events.. -650,607   -650,607
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..        
10a Gross sales of inventory, less
returns and allowances ..
10a  
b Less: cost of goods sold .. 10b  
c Net income or (loss) from sales of inventory..        
 OtherRevenueMiscAmt
Business Code
11a FICA CREDIT & HEALTH WORK BONUS 561439 22,926,000     22,926,000
b Services Provided 561439 16,845,000     16,845,000
c Cafeteria 722212 6,412,000     6,412,000
d All other revenue .... 22,468,541 0 19,282,934 3,185,607
e Total. Add lines 11a–11d ...... 68,651,541
12 Total revenue. See instructions..... 7,462,624,000 6,306,939,000 32,767,472 392,335,528
Form 990 (2023)
Form 990 (2023)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII.
(A)
Total expenses
(B)
Program service expenses
(C)
Management and general expenses
(D)
Fundraising
expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 .... 307,199 307,199
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 27,254,123 27,254,123
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............    
4 Benefits paid to or for members ....... 0 0
5 Compensation of current officers, directors, trustees, and key employees ........... 50,997,456 44,049,341 4,916,763 2,031,352
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ......... 401,206 401,206    
7 Other salaries and wages........ 2,876,587,082 2,827,608,743 14,796,823 34,181,516
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 178,318,260 174,947,576 1,421,817 1,948,867
9 Other employee benefits ....... 422,966,075 413,486,790 2,411,623 7,067,662
10 Payroll taxes ........... 182,547,732 179,092,872 1,457,324 1,997,536
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 15,762,872 11,768,058 3,973,871 20,943
c Accounting ........... 1,679,621 1,545,712 133,279 630
d Lobbying ........... 901,671 901,671    
e Professional fundraising services. See Part IV, line 17    
f Investment management fees ...... 10,018,167   10,018,167  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 154,506,551 146,190,899 1,908,163 6,407,489
12 Advertising and promotion .... 41,858,882 40,195,197 1,365 1,662,320
13 Office expenses ....... 357,187,091 322,466,122 11,871,546 22,849,423
14 Information technology ...... 132,541,449 130,748,146 547,173 1,246,130
15 Royalties .. 6,397,598 6,397,598    
16 Occupancy ........... 128,805,368 118,507,099 10,195,053 103,216
17 Travel ............ 13,749,901 13,405,195 164,348 180,358
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 17,540,661 16,686,894 570,666 283,101
20 Interest ........... 131,624,680 131,624,680    
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization .. 430,356,480 425,226,382 4,875,388 254,710
23 Insurance ... 34,762,445 34,557,333 44,372 160,740
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a PHARMACEUTICALS 1,661,949,414 1,661,949,414    
b MEDICAL/SURGICAL SUPPLIES 362,485,529 362,485,529    
c EXPENSES OFFSETTING REVENUE -52,943,000   -52,171,000 -772,000
d UBIT EXPENSE 144,885   144,885  
e All other expenses 0 -12,003,685 11,807,066 196,619
25 Total functional expenses. Add lines 1 through 24e 7,188,709,398 7,079,800,094 29,088,692 79,820,612
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720). 12,952,793 3,633,255   9,319,538
Form 990 (2023)
Form 990 (2023)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year
(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 327,081,000 1 675,870,000
2 Savings and temporary cash investments ......... 1,225,430,000 2 1,077,070,000
3 Pledges and grants receivable, net ...... 535,537,000 3 559,648,000
4 Accounts receivable, net ............. 660,791,000 4 707,479,000
5 Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
0 5 0
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
0 6 0
7 Notes and loans receivable, net ........... 76,446,000 7 85,809,000
8 Inventories for sale or use ............ 127,758,000 8 142,809,000
9 Prepaid expenses and deferred charges ...... 624,529,000 9 503,305,000
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 9,413,899,000
b Less: accumulated depreciation 10b 4,919,498,000 4,518,564,000 10c 4,494,401,000
11 Investments—publicly traded securities . 3,596,839,000 11 4,043,625,000
12 Investments—other securities. See Part IV, line 11 ..... 2,238,842,000 12 2,255,698,000
13 Investments—program-related. See Part IV, line 11 .. 0 13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ........... 66,568,000 15 113,771,000
16 Total assets. Add lines 1 through 15 (must equal line 33)... 13,998,385,000 16 14,659,485,000
Liabilities 17 Accounts payable and accrued expenses ..... 1,088,723,000 17 1,318,024,000
18 Grants payable ...   18  
19 Deferred revenue .........   19  
20 Tax-exempt bond liabilities ......... 3,265,895,000 20 3,199,911,000
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
0 22 0
23 Secured mortgages and notes payable to unrelated third parties .. 115,325,000 23 88,588,000
24 Unsecured notes and loans payable to unrelated third parties ..   24  
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D 787,224,000 25 815,595,000
26 Total liabilities. Add lines 17 through 25.. 5,257,167,000 26 5,422,118,000
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 7,056,745,000 27 7,491,133,000
28 Net assets with donor restrictions ........... 1,684,473,000 28 1,746,234,000
Organizations that do not follow FASB ASC 958, check here right arrow and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 8,741,218,000 32 9,237,367,000
33 Total liabilities and net assets/fund balances ........ 13,998,385,000 33 14,659,485,000
Form 990 (2023)
Form 990 (2023)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
7,462,624,000
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
7,188,709,398
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
273,914,602
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
8,741,218,000
5
Net unrealized gains (losses) on investments ...............
5
257,517,000
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
-35,282,602
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
9,237,367,000
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2023)
Form 990 (2023)
Additional Data


Software ID: 23017437
Software Version: 2023v5.1
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number

91-2154267
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)
1
A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).
2
A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)
3
A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).
4
A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

5
An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)
6
A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).
7
An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)
8
A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)
9
An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:
10
An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
11
12
An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.
a
Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.
b
Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.
c
Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.
d
Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.
e
Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.
f
Enter the number of supported organizations ............................... 4
g
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 10 above (see instructions)) (iv) Is the organization listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions)
Yes No
(A) SLOAN-KETTERING INSTITUTE FOR CANCER RESEARCH
 
131624182 4 Yes   0 0
(B) MEMORIAL HOSPITAL FOR CANCER & ALLIED DISEASES
 
131624082 3 Yes   0 0
(C) MEMORIAL SLOAN-KETTERING CANCER CENTER
 
131924236 3 Yes   0 0
(D) LOUIS V GERSTNER JR GRADUATE SCHOOL OF BIOMEDICAL SCIENCES
 
202212588 2 Yes   0 0
Total
4
0 0
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Cat. No. 11285F
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) 2023 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. 439,291,011 446,837,895 702,665,000 656,514,020 686,769,000 2,932,076,926
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf ....           0
3 The value of services or facilities furnished by a governmental unit to the organization without charge..           0
4 Total. Add lines 1 through 3 439,291,011 446,837,895 702,665,000 656,514,020 686,769,000 2,932,076,926
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. 178,669,532
6 Public support. Subtract line 5 from line 4. 2,753,407,394
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) 2023 (f) Total
7 Amounts from line 4.. 439,291,011 446,837,895 702,665,000 656,514,020 686,769,000 2,932,076,926
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 123,653,294 88,008,435 106,284,504 126,987,686 121,449,528 566,383,447
9 Net income from unrelated business activities, whether or not the business is regularly carried on.. 647,292 13,946,088 8,274,194 2,466,296 1,713,565 27,047,435
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. 0 0 0 0 0 0
11 Total support. Add lines 7 through 10 3,525,507,808
12
12
26,861,199,941
13
First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................right arrow
Section C. Computation of Public Support Percentage
14
14
78.10 %
15
15
76.12 %
16a
33 1/3% support test—2023. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization .......................right arrow
b
33 1/3% support test—2022. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow
17a
10%-facts-and-circumstances test—2023. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow
b
10%-facts-and-circumstances test—2022. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) 2023 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .           0
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose           0
3 Gross receipts from activities that are not an unrelated trade or business under section 513 .....           0
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...           0
5 The value of services or facilities furnished by a governmental unit to the organization without charge           0
6 Total. Add lines 1 through 5 0 0 0 0 0 0
7a Amounts included on lines 1, 2, and 3 received from disqualified persons 0 0 0 0 0 0
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. 0 0 0 0 0 0
c Add lines 7a and 7b.. 0 0 0 0 0 0
8 Public support. (Subtract line 7c from line 6.) 0
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) 2023 (f) Total
9 Amounts from line 6... 0 0 0 0 0 0
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..           0
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.           0
c Add lines 10a and 10b. 0 0 0 0 0 0
11 Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.           0
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. 0 0 0 0 0 0
13 Total support. (Add lines 9, 10c, 11, and 12.).. 0 0 0 0 0 0
14
First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow
Section C. Computation of Public Support Percentage
15
15
0 %
16
16
 
Section D. Computation of Investment Income Percentage
17
17
0 %
18
18
 
19a
33 1/3% support tests-2023. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow
b
33 1/3 % support tests—2022. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow
20
Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
Yes
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
No
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.
3a
 
No
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.
4a
 
No
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
No
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
No
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .
7
 
No
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).
8
 
No
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
No
b
Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
No
c
Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
No
10a
Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.
10a
 
No
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?
11a
 
No
b
A family member of a person described on 11a above?
11b
 
No
c
A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.
11c
 
No
Section B. Type I Supporting Organizations
Yes
No
1
Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
Yes
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
No
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer lines 2a and 2b below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer lines 3a and 3b below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
1 Net short-term capital gain 1    
2 Recoveries of prior-year distributions 2    
3 Other gross income (see instructions) 3    
4 Add lines 1 through 3 4    
5 Depreciation and depletion 5    
6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) 6    
7 Other expenses (see instructions) 7    
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8    
Section B - Minimum Asset Amount (A) Prior Year (B) Current Year
(optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): 1
a Average monthly value of securities 1a    
b Average monthly cash balances 1b    
c Fair market value of other non-exempt-use assets 1c    
d Total (add lines 1a, 1b, and 1c) 1d    
e Discount claimed for blockage or other factors
(explain in detail in Part VI):  
2 Acquisition indebtedness applicable to non-exempt use assets 2    
3 Subtract line 2 from line 1d 3    
4 Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). 4    
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5    
6 Multiply line 5 by 0.035 6    
7 Recoveries of prior-year distributions 7    
8 Minimum Asset Amount (add line 7 to line 6) 8    
Section C - Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1  
2 Enter 85% of line 1 2  
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3  
4 Enter greater of line 2 or line 3 4  
5 Income tax imposed in prior year 5  
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6  
7
Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 7
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes 1  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity
2  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations 3  
4 Amounts paid to acquire exempt-use assets 4  
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) 5  
6 Other distributions (describe in Part VI). See instructions 6  
7Total annual distributions. Add lines 1 through 6. 7  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI
). See instructions
8  
9 Distributable amount for 2023 from Section C, line 6 9  
10 Line 8 amount divided by Line 9 amount 10  
Section E - Distribution Allocations (see instructions) (i)
Excess Distributions
(ii)
Underdistributions
Pre-2023
(iii)
Distributable
Amount for 2023
1 Distributable amount for 2023 from Section C, line 6  
2 Underdistributions, if any, for years prior to 2023 (reasonable cause required-- explain in Part VI).
See instructions.
 
3 Excess distributions carryover, if any, to 2023:
a From 2018.......  
b From 2019.......  
c From 2020.......  
d From 2021.......  
e From 2022.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2023 distributable amount  
i Carryover from 2018 not applied (see
instructions)
 
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.  
4Distributions for 2023 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2023 distributable amount  
c Remainder. Subtract lines 4a and 4b from line 4.  
5 Remaining underdistributions for years prior to
2023, if any. Subtract lines 3g and 4a from line 2.
If the amount is greater than zero, explain in Part VI.
See instructions.
 
6 Remaining underdistributions for 2023. Subtract
lines 3h and 4b from line 1. If the amount is greater
than zero, explain in Part VI. See instructions.
 
7 Excess distributions carryover to 2024. Add lines
3j and 4c.
 
8 Breakdown of line 7:
a Excess from 2019.....  
b Excess from 2020.....  
c Excess from 2021.....  
d Excess from 2022.....  
e Excess from 2023.....  
Schedule A (Form 990) (2023)

Schedule A (Form 990) 2023
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 


Return Reference Explanation
Schedule A, Part I, Line 12g SUPPORTED ORGANIZATIONS SUPPORT FROM THE SUPPORTING ORGANIZATIONS RELATE PRINCIPALLY TO THE SHARING OF CERTAIN FACILITIES, EQUIPMENT, PERSONNEL COSTS, EDUCATION, INSURANCE AND ALLOCATIONS. AMOUNTS DUE TO OR DUE FROM AFFILIATES RESULTING FROM THESE SERVICES DO NO BEAR INTEREST.
Schedule A (Form 990) 2023


Additional Data


Software ID: 23017437
Software Version: 2023v5.1
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number

91-2154267
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number
91-2154267
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
RESTRICTED
 
 
 
 
  ,    

$ RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number

91-2154267
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number

91-2154267
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID: 23017437
Software Version: 2023v5.1
SCHEDULE C
(Form 990)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527

right arrow Complete if the organization is described below. right arrow Attach to Form 990 or Form 990-EZ.
right arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public
Inspection
If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number

91-2154267
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV. See instructions for definition of “political campaign activities."

2
Political campaign activity expenditures. See instructions ....................................................................right arrow
$  
3
Volunteer hours for political campaign activities. See instructions ..................................................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 ................................right arrow
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 .......................right arrow
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? .........................................
4a
Was a correction made? ......................................................................................................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c), except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities ..... right arrow
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ............................................................................................................................right arrow

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b...........right arrow

$  
4
Did the filing organization file Form 1120-POL for this year? ...................................................................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6
For Paperwork Reduction Act Notice, see the instructions for Form 990.
Cat. No. 50084S
Schedule C (Form 990) 2022

Schedule C (Form 990) 2022
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check right arrowexpenses, and share of excess lobbying expenditures).
B Check right arrow
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.)
(a) Filing
organization's
totals
(b) Affiliated group totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................    
b Total lobbying expenditures to influence a legislative body (direct lobbying) ........................    
c Total lobbying expenditures (add lines 1a and 1b) ............................................................    
d Other exempt purpose expenditures ...............................................................................    
e Total exempt purpose expenditures (add lines 1c and 1d) ..................................................    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.
   
If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
Not over $500,00020% of the amount on line 1e.
Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
Over $17,000,000$1,000,000.
g Grassroots nontaxable amount (enter 25% of line 1f) .................................................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ...................................................................................................................

4-Year Averaging Period Under Section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year
beginning in)
(a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) Total
2a Lobbying nontaxable amount          
b Lobbying ceiling amount
(150% of line 2a, column(e))
 
c Total lobbying expenditures          
d Grassroots nontaxable amount          
e Grassroots ceiling amount
(150% of line 2d, column (e))
 
f Grassroots lobbying expenditures          
Schedule C (Form 990) 2022


Schedule C (Form 990) 2022
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
Yes|No
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? ...........................................................................................................
 
No
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........
Yes
 
c
Media advertisements? ...................................................................................................
 
No
 
d
Mailings to members, legislators, or the public? .............................................................................
 
No
 
e
Publications, or published or broadcast statements? ...........................................................
 
No
 
f
Grants to other organizations for lobbying purposes? ..........................................................
 
No
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? .......................
Yes
 
489,681
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................
 
No
 
i
Other activities? ...................................................................................................................
Yes
 
411,990
j
Total. Add lines 1c through 1i ....................................................................................................
901,671
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
No
b
If "Yes," enter the amount of any tax incurred under section 4912 ...........................................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ...............................................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................
2
 
 
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."
1
Dues, assessments and similar amounts from members ......................................................................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).
a
Current year .............................................................................................................................
2a
 
b
Carryover from last year ............................................................................................................
2b
 
c
Total ...........................................................................................................................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................
4
 
5
Taxable amount of lobbying and political expenditures. See Instructions .........................................
5
 
Part IV
Supplemental Information
Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.
Return Reference Explanation
Schedule C, Part II-B, Line 1i GREATER NEW YORK HOSPITAL ASSOCIATION $280,623
Schedule C, Part II-B, Line 1i american hospital association $40,411
Schedule C, Part II-B, Line 1i HOSPITAL ASSOCIATION OF NEW YORK $30,150
Schedule C, Part II-B, Line 1i ALLIANCE OF DEDICATED CANCER CENTERS $55,860
Schedule C, Part II-B, Line 1i OTHERS $4,946
Schedule C (Form 990) 2022


Additional Data


Software ID: 23017437
Software Version: 2023v5.1

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
right arrow Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow Attach to Form 990.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number

91-2154267
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of grants from (during year)    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow  
4
Number of states where property subject to conservation easement is located right arrow  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenue included on Form 990, Part VIII, line 1 .........................right arrow $  
(ii)
Assets included in Form 990, Part X ...............................right arrow $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................right arrow $  
b
Assets included in Form 990, Part X ...............................right arrow $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2022

Schedule D (Form 990) 2022
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c  
d Additions during the year ............................ 1d  
e Distributions during the year .......................... 1e  
f Ending balance ................................ 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1a Beginning of year balance .... 1,352,022,000 1,327,922,000 1,228,619,000 1,208,893,000 1,123,167,000
b Contributions ... 53,289,000 26,784,000 96,214,000 19,598,000 59,460,000
c Net investment earnings, gains, and losses -181,000 -2,684,000 3,089,000 128,000 26,266,000
d Grants or scholarships ...          
e Other expenditures for facilities
and programs ...
         
f Administrative expenses ....          
g End of year balance ...... 1,405,130,000 1,352,022,000 1,327,922,000 1,228,619,000 1,208,893,000
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment right arrow43 %
b
Permanent endowment right arrow57 %
c
Term endowment right arrow0 %
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) Unrelated organizations .................
3a(i)
 
No
(ii) Related organizations .................
3a(ii)
 
No
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis
(investment)
(b) Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .....   423,134,000 423,134,000
b Buildings ....   6,261,489,000 2,874,549,000 3,386,940,000
c Leasehold improvements   43,851,000 35,448,000 8,403,000
d Equipment ....   2,562,930,000 1,998,272,000 564,658,000
e Other .....   122,495,000 11,229,000 111,266,000
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..right arrow 4,494,401,000
Schedule D (Form 990) 2022

Schedule D (Form 990) 2022
Page 3
Part VII
Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)
(b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1) Financial derivatives.........    
(2) Closely-held equity interests........    
(3) Other
(A) PRIVATE EQUITY & VENTURE CAPITAL
2,255,698,000 F
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)right arrow 2,255,698,000
Part VIII
Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)right arrow  
Part IX
Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........right arrow  
Part X
Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
POSTRETIREMENT OBLIGATIONS 108,718,000
INSURANCE RESERVES 314,438,000
DEFERRED COMPENSATION 91,544,000
Asset Retirement Obligation 39,061,000
Deferred Gift Annuity 11,955,000
Royalty Interest 107,199,000
Accrued Sick Pay 899,000
Third-perty settlement 141,781,000

Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)right arrow 815,595,000
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) 2022

Schedule D (Form 990) 2022
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1 7,748,878,097
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a 257,517,000
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ........... 2d 53,183,000
e Add lines 2a through 2d ..................... 2e 310,700,000
3 Subtract line 2e from line 1.................. 3 7,438,178,097
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a 24,445,903
b Other (Describe in Part XIII.) ........... 4b 0
c Add lines 4a and 4b.................... 4c 24,445,903
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 7,462,624,000
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1 7,219,950,495
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ........... 2d 55,687,000
e Add lines 2a through 2d.................... 2e 55,687,000
3 Subtract line 2e from line 1................... 3 7,164,263,495
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a 24,445,903
b Other (Describe in Part XIII.) ........... 4b 0
c Add lines 4a and 4b..................... 4c 24,445,903
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 7,188,709,398
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
Schedule D, Part V, Line 4 Intended uses of endowment funds PERMANENT ENDOWMENT FUNDS ARE HELD BY THE ORGANIZATION IN PERPETUITY. INCOME EARNED ON THE FUND BALANCE IS USED TO SUPPORT THE OPERATIONS OF MEMORIAL SLOAN-KETTERING CANCER CENTER AND ITS AFFILIATED ORGANIZATIONS.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 HOUSING EXPENSES OFFSET TO REVENUE - 52171000 EVENT EXPENSES OFFSET TO REVENUE - 772000 MMPC REVENUE SEPERATE 990 - 240000 - -
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 HOUSING EXPENSES OFFSET TO REVENUE - 52171000 EVENT EXPENSES OFFSET TO REVENUE - 772000 MMPC EXPENSES SEPERATE 990 - 2744000
Schedule D (Form 990) 2022


Additional Data


Software ID: 23017437
Software Version: 2023v5.1




SCHEDULE E(Form 990)

Department of the Treasury
Internal Revenue Service
Schools

Right pointing arrow large image Complete if the organization answered "Yes" on Form 990,
Part IV, line 13, or Form 990-EZ, Part VI, line 48.
Right pointing arrow large image Attach to Form 990 or Form 990-EZ.
Right pointing arrow large image Go to www.irs.gov/Form990EZ for the latest information.
OMB No. 1545-0047 2023Open to Public Inspection
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number

91-2154267
Part I
YES
NO
1
Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,
other governing instrument, or in a resolution of its governing body? . . . . . . . . . . . . . . . . . .
1
Yes
 
2
Does the organization include a statement of its racially nondiscriminatory policy toward students in all its
brochures, catalogues, and other written communications with the public dealing with student admissions,
programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
Yes
 
3
Has the organization publicized its racially nondiscriminatory policy on its primary publicly accessible Internet homepage at
all times during its taxable year in a manner reasonably expected to be noticed by visitors to the homepage, or through
newspaper or broadcast media during the period of solicitation for students, or during the registration period if it has no
solicitation program, in a way that makes the policy known to all parts of the general community it serves? If "Yes," please
describe. If "No," please explain. If you need more space use Part II. . . . . . . . . . . . . . . . . . .
3
Yes
 
 
4
Does the organization maintain the following?
a
Records indicating the racial composition of the student body, faculty, and administrative staff? . . . . . . . . .
4a
Yes
 
b
Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory
basis? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4b
Yes
 
c
Copies of all catalogues, brochures, announcements, and other written communications to the public dealing
with student admissions, programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . .
4c
Yes
 
d
Copies of all material used by the organization or on its behalf to solicit contributions? . . . . . . . . . . . .
4d
Yes
 
If you answered "No" to any of the above, please explain. If you need more space, use Part II.
 
5
Does the organization discriminate by race in any way with respect to:
a
Students' rights or privileges? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5a
 
No
b
Admissions policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5b
 
No
c
Employment of faculty or administrative staff? . . . . . . . . . . . . . . . . . . . . . . . . .
5c
 
No
d
Scholarships or other financial assistance? . . . . . . . . . . . . . . . . . . . . . . . . . .
5d
 
No
e
Educational policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5e
 
 
f
Use of facilities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5f
 
No
g
Athletic programs? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5g
 
No
h
Other extracurricular activities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5h
 
No
If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.
 
6a
Does the organization receive any financial aid or assistance from a governmental agency? . . . . . . . . . .
6a
 
No
b
Has the organization's right to such aid ever been revoked or suspended? . . . . . . . . . . . . . . . .
6b
 
No
If you answered "Yes" to either line 6a or line 6b, explain on Part II.
7
Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05
of Rev. Proc. 75-50, 1975-2 C.B. 587, as modified by Rev. Proc. 2019-22, 2019-22 I.R.B. 1260, covering racial nondiscrimination? If "No," explain on Part II. . . . . . . . . . . . . . . . . . . . . . . . . .
7
Yes
 
Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50085D
Schedule E (Form 990) (2023)
Schedule E (Form 990) (2023)
Page 2
Part II
Supplemental Information. Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also provide
any other additional information. See instructions.
Return Reference Explanation
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY SEE SCHEDULE E, PART II
Schedule E, Part I, Line 3 NONDISCRIMINATORY POLICY THE SCHOOL'S NONDISCRIMINATORY POLICY IS PUBLICIZED ON ITS WEB SITE: HTTPS://WWW.SLOANKETTERING.EDU/GERSTNER/ADMISSIONS/REQUIREMENTS ALL APPLICANTS TO THE LOUIS V. GERSTNER JR., GRADUATE SCHOOL OF BIOMEDICAL SCIENCES ARE CONSIDERED ON THE BASIS OF MERIT. THE SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF GENDER, RACE, COLOR, CREED, RELIGION, AGE, NATIONAL ORIGIN, DISABILITY, VETERAN STATUS, MARITAL STATUS, SEXUAL ORIENTATION, OR CITIZENSHIP STATUS IN ACCORDANCE WITH INSTITUTIONAL POLICY AND IN COMPLIANCE WITH THE REQUIREMENTS OF THE CIVIL RIGHTS ACT, THE EDUCATION AMENDMENTS, THE REHABILITATION ACT, THE AGE DISCRIMINATION ACT, AND THE AMERICANS WITH DISABILITIES ACT. EXCISE TAX ON NET INVESTMENT INCOME THE LOUIS V GERSTNER JR, GRADUATE SCHOOL OF BIOMEDICAL SCIENCES DOES NOT MEET THE CRITERIA OF SECTION 4968 AND, THEREFORE, IS NOT SUBJECT TO THE EXCISE TAX ON NET INVESTMENT INCOME.
Schedule E (Form 990) (2023)
Additional Data


Software ID: 23017437
Software Version: 2023v5.1
SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right arrow Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16.Right arrow Attach to Form 990.Right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number

91-2154267
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of its grants and
other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in the region (d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in the region
(f) Total expenditures
for and investments
in the region
East Asia and the Pacific 0 3 Program Services ADMIN SUPPT CONFRENCES 10,976
Europe (Including Iceland and Greenland) 0 18 Program Services ADMIN SUPPT CONFRENCES 41,480
Middle East and North Africa 0 1 Program Services ADMIN SUPPT CONFRENCES 7,440
North America (Canada & Mexico only) 0 1 Program Services ADMIN SUPPT CONFRENCES 8,210
South Asia 0 4 Program Services PATIENT CARE CONFRENCE 13,388
Europe (Including Iceland and Greenland) 0 129 Program Services PATIENT CARE CONFRENCE 405,575
Middle East and North Africa 0 4 Program Services PATIENT CARE CONFRENCE 22,232
North America (Canada & Mexico only) 0 42 Program Services PATIENT CARE CONFRENCE 18,546
East Asia and the Pacific 0 26 Program Services PATIENT CARE CONFRENCE 114,093
Sub-Saharan Africa 0 13 Program Services PATIENT CARE CONFRENCE 34,008
South America 0 6 Program Services PATIENT CARE CONFRENCE 25,152
Central America and the Caribbean 0 7 Program Services PATIENT CARE CONFRENCE 8,413
South Asia 0 1 Program Services RESEARCH CONFRENCES 179
Europe (Including Iceland and Greenland) 0 87 Program Services RESEARCH CONFRENCE 150,423
Middle East and North Africa 0 1 Program Services RESEARCH CONFRENCE 226
North America (Canada & Mexico only) 0 14 Program Services RESEARCH CONFRENCE 18,141
East Asia and the Pacific 0 8 Program Services RESEARCH CONFRENCE 51,034
Sub-Saharan Africa 0 3 Program Services RESEARCH CONFRENCE 8,434
Europe (Including Iceland and Greenland) 0 4 Program Services EDUCATIONAL CONFRENCE 9,867
North America (Canada & Mexico only) 0 1 Program Services EDUCATIONAL CONFRENCE 382
East Asia and the Pacific 0 2 Program Services EDUCATIONAL CONFRENCE 16,807
Central America and the Caribbean 0 0 Investments   2,182,988,751
Sub-Saharan Africa 0 0 Investments   46,293,175
Europe (Including Iceland and Greenland) 0 0 Investments   27,961,877
Central America and the Caribbean 0 1 Program Services ADMIN SUPPORT CONFRENCES 992
Sub-Saharan Africa 0 1 Program Services ADIMN SUPPORT CONFRENCES 3,093
Central America and the Caribbean 0 1 Program Services RESEARCH CONFRENCE 1,412
Europe (Including Iceland and Greenland) 0 9 Program Services ADMINISTRATIVE SUPPORT 889,982
Central America and the Caribbean 0 1 Program Services ADMINISTRATIVE SUPPORT 81,532
Middle East and North Africa 0 2 Program Services ADMINISTRATIVE SUPPORT 385,661
East Asia and the Pacific 0 1 Program Services MEDICAL SUPPORT 53,410
Europe (Including Iceland and Greenland) 0 2 Program Services MEDICAL SUPPORT 351,893
North America (Canada & Mexico only) 0 1 Program Services MEDICAL SUPPORT 56,450
Middle East and North Africa 0 1 Program Services MEDFICAL SUPPORT 271,811
East Asia and the Pacific 0 1 Program Services RESEARCH SUPPORT 58,744
Middle East and North Africa 0 2 Program Services RESEARCH SUPPORT 250,337
Sub-Saharan Africa 0 2 Program Services RESEARCH SUPPORT 64,020
South America 0 1 Program Services RESEARCH SUPPORT 64,159
South America 0 1 Program Services research confrence 1,422
3a Sub-total .... 0 357 878,482
b Total from continuation sheets to Part I ... 0 45 2,259,865,245
c Totals (add lines 3a and 3b) 0 402 2,260,743,727
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2023
Schedule F (Form 990) 2023
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)
(c) Region (d) Purpose of
grant
(e) Amount of
cash grant
(f) Manner of
cash
disbursement
(g) Amount
of noncash
assistance
(h) Description
of noncash
assistance
(i) Method of
valuation
(book, FMV,
appraisal, other)
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......MediumBullet
 
3 Enter total number of other organizations or entities .......................MediumBullet
 
Schedule F (Form 990) 2023
Schedule F (Form 990) 2023Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant
(e) Manner of cash
disbursement
(f) Amount of
noncash
assistance
(g) Description
of noncash
assistance
(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2023
Schedule F (Form 990) 2023
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) 2023
Schedule F (Form 990) 2023
Page 5
Part V
Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.
ReturnReference Explanation
Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Cash,Other:FMV; EAST ASIA AND THE PACIFIC-Cash; EUROPE (INCLUDING ICELAND AND GREENLAND)-Cash,Other:FMV; MIDDLE EAST AND NORTH AFRICA-Cash; NORTH AMERICA (CANADA & MEXICO ONLY)-Cash; SOUTH AMERICA-Cash,; SOUTH ASIA-Cash; SUB-SAHARAN AFRICA-Cash,Other:FMV
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2023
Additional Data


Software ID: 23017437
Software Version: 2023v5.1



SCHEDULE G (Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" on Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrowAttach to Form 990 or Form 990-EZ.
right arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number

91-2154267
Part I
Fundraising Activities.Complete if the organization answered "Yes" on Form 990, Part IV, line 17.
Form 990-EZ filers are not required to complete this part.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If "Yes," list the 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.


(i) Name and address of individual
or entity (fundraiser)
(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity
(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i)
(vi) Amount paid to
(or retained by)
organization
Yes No
             
             
             
             
             
             
             
             
             
             
Total . . . . . . . . . . . . . . . . . . . . right arrow      
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990) 2023
Schedule G (Form 990) 2023
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.









VerticalRevenue
(a) Event #1

SPRING BALL
(event type)
(b) Event #2

FALL PARTY
(event type)
(c) Other events

2
(total number)
(d) Total events
(add col. (a) through col. (c))

1

Gross receipts . . . . .

2,021,781

621,874

1,012,644

3,656,299

2

Less: Contributions . . . .

1,982,281

613,034

939,619

3,534,934
3 Gross income (line 1 minus
line 2) . . . . . .

39,500

8,840

73,025

121,365



VerticalDirectExpenses
4 Cash prizes . . . . .        
5 Noncash prizes . . . .        
6 Rent/facility costs . . . . 119,163 121,383 141,144 381,690
7 Food and beverages . . .        
8 Entertainment . . . . 11,000 15,600 61,950 88,550
9 Other direct expenses . . . 171,816 59,388 70,528 301,732
10 Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . . right arrow 771,972
11 Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . . right arrow -650,607
Part III
Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue
(a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo
(c) Other gaming (d) Total gaming (add col.(a) through col.(c))

1

Gross revenue . . . . .

 

 

 

 
VerticalDirectExpenses

2

Cash prizes . . . . .

 

 

 

 

3

Noncash prizes . . . .

 

 

 

 

4

Rent/facility costs . . . .

 

 

 

 

5

Other direct expenses . . .

 

 

 

 


6


Volunteer labor . . . .
%
%
%


7

Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . . right arrow

 

8

Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow

 

9
Enter the state(s) in which the organization conducts gaming activities:
a
Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . .
YesNo
b
If "No," explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . .
YesNo
b
If "Yes," explain:
 
Schedule G (Form 990) 2023
Schedule G (Form 990) 2023
Page 3
11
Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . .
YesNo
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? . . . . . . . . . . . . . . . . .
YesNo
13
Indicate the percentage of gaming activity conducted in:
a
The organization's facility . . . . . . . . . . . . . . . . . .
13a
%
b
An outside facility . . . . . . . . . . . . . . . . . . . .
13b
%
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? . . . . . . . . . . . . . . . . . . . . . . . .
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address of the third party:
Name right arrow
Address right arrow
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? . . . . . . . . . . . . . . . . . . .
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.
Return Reference Explanation
Schedule G, Part I, Line 3 The organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing in all states.
Schedule G (Form 990) 2023
Additional Data


Software ID: 23017437
Software Version: 2023v5.1
SCHEDULE H
(Form 990)
Department of the Treasury
Internal Revenue Service
Hospitals
Medium right arrow Complete if the organization answered "Yes" on Form 990, Part IV, question 20a.
Medium right arrow Attach to Form 990.
Medium right arrow Go to www.irs.gov/Form990EZ for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number

91-2154267
Part I
Financial Assistance and Certain Other Community Benefits at Cost
Yes
No
1a
Did the organization have a financial assistance policy during the tax year? If "No," skip to question 6a . . . .
1a
Yes
 
b
If "Yes," was it a written policy? ......................
1b
Yes
 
2
If the organization had multiple hospital facilities, indicate which of the following best describes application of the financial assistance policy to its various hospital facilities during the tax year.
3
Answer the following based on the financial assistance eligibility criteria that applied to the largest number of the organization's patients during the tax year.
a
Did the organization use Federal Poverty Guidelines (FPG) as a factor in determining eligibility for providing free care?
If "Yes," indicate which of the following was the FPG family income limit for eligibility for free care:
3a
Yes
 
b
Did the organization use FPG as a factor in determining eligibility for providing discounted care? If "Yes," indicate
which of the following was the family income limit for eligibility for discounted care: . . . . . . . .
3b
Yes
 
c
If the organization used factors other than FPG in determining eligibility, describe in Part VI the criteria used for determining eligibility for free or discounted care. Include in the description whether the organization used an asset test or other threshold, regardless of income, as a factor in determining eligibility for free or discounted care.
4
Did the organization's financial assistance policy that applied to the largest number of its patients during the tax year provide for free or discounted care to the "medically indigent"? . . . . . . . . . . . . .

4

Yes

 
5a
Did the organization budget amounts for free or discounted care provided under its financial assistance policy during
the tax year? . . . . . . . . . . . . . . . . . . . . . . .

5a

Yes

 
b
If "Yes," did the organization's financial assistance expenses exceed the budgeted amount? . . . . . .
5b
 
No
c
If "Yes" to line 5b, as a result of budget considerations, was the organization unable to provide free or discountedcare to a patient who was eligibile for free or discounted care? . . . . . . . . . . . . .
5c
 
 
6a
Did the organization prepare a community benefit report during the tax year? . . . . . . . . .
6a
Yes
 
b
If "Yes," did the organization make it available to the public? . . . . . . . . . . . . .
6b
Yes
 
Complete the following table using the worksheets provided in the Schedule H instructions. Do not submit these worksheets with the Schedule H.
7
Financial Assistance and Certain Other Community Benefits at Cost
Financial Assistance and
Means-Tested
Government Programs
(a) Number of activities or programs (optional) (b) Persons served (optional) (c) Total community benefit expense (d) Direct offsetting revenue (e) Net community benefit expense (f) Percent of total expense
a Financial Assistance at cost
(from Worksheet 1) . . .
    12,145,596   12,145,596 0.17 %
b Medicaid (from Worksheet 3, column a) . . . . .     443,779,173 239,730,087 204,049,086 2.84 %
c Costs of other means-tested government programs (from Worksheet 3, column b) . .         0 0 %
d Total Financial Assistance and Means-Tested Government Programs . . . . . 0 0 455,924,769 239,730,087 216,194,682 3.01 %
Other Benefits
e Community health improvement services and community benefit operations (from Worksheet 4).     16,492,561 155,952 16,336,609 0.23 %
f Health professions education (from Worksheet 5) . . .     240,313,367 56,032,456 184,280,911 2.56 %
g Subsidized health services (from Worksheet 6) . . . .     980,449 89,810 890,639 0.01 %
h Research (from Worksheet 7) .     774,904,163 452,456,029 322,448,134 4.49 %
i Cash and in-kind contributions for community benefit (from Worksheet 8) . . . .     311,863   311,863 0 %
j Total. Other Benefits . . 0 0 1,033,002,403 508,734,247 524,268,156 7.29 %
k Total. Add lines 7d and 7j . 0 0 1,488,927,172 748,464,334 740,462,838 10.30 %
For Paperwork Reduction Act Notice, see the Instructions for Form 990. Cat. No. 50192T Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page
Part II
Community Building Activities Complete this table if the organization conducted any community building activities during the tax year, and describe in Part VI how its community building activities promoted the health of the communities it serves.
(a) Number of activities or programs (optional) (b) Persons served (optional) (c) Total community building expense (d) Direct offsetting
revenue
(e) Net community building expense (f) Percent of total expense
1 Physical improvements and housing         0 0 %
2 Economic development         0 0 %
3 Community support         0 0 %
4 Environmental improvements     39,023   39,023 0 %
5 Leadership development and
training for community members
        0 0 %
6 Coalition building     121,784   121,784 0 %
7 Community health improvement advocacy     1,761,737   1,761,737 0.02 %
8 Workforce development     305,109   305,109 0 %
9 Other         0 0 %
10 Total 0 0 2,227,653 0 2,227,653 0.03 %
Part III
Bad Debt, Medicare, & Collection Practices
Section A. Bad Debt Expense
Yes
No
1
Did the organization report bad debt expense in accordance with Healthcare Financial Management Association Statement No. 15? ..........................
1
 
No
2
Enter the amount of the organization's bad debt expense. Explain in Part VI the methodology used by the organization to estimate this amount. ......
2
104,887,546
3
Enter the estimated amount of the organization's bad debt expense attributable to patients eligible under the organization's financial assistance policy. Explain in Part VI the methodology used by the organization to estimate this amount and the rationale, if any, for including this portion of bad debt as community benefit. ......
3
2,767,542
4
Provide in Part VI the text of the footnote to the organization’s financial statements that describes bad debt expense or the page number on which this footnote is contained in the attached financial statements.
Section B. Medicare
5
Enter total revenue received from Medicare (including DSH and IME).....
5
1,699,995,114
6
Enter Medicare allowable costs of care relating to payments on line 5.....
6
2,221,823,958
7
Subtract line 6 from line 5. This is the surplus (or shortfall)........
7
-521,828,844
8
Describe in Part VI the extent to which any shortfall reported in line 7 should be treated as community benefit.Also describe in Part VI the costing methodology or source used to determine the amount reported on line 6.Check the box that describes the method used:
Section C. Collection Practices
9a
Did the organization have a written debt collection policy during the tax year? ..........
9a
Yes
 
b
If "Yes," did the organization’s collection policy that applied to the largest number of its patients during the tax year
contain provisions on the collection practices to be followed for patients who are known to qualify for financial assistance? Describe in Part VI .........................

9b

Yes

 
Part IV
Management Companies and Joint Ventures(owned 10% or more by officers, directors, trustees, key employees, and physicians—see instructions)
(a) Name of entity (b) Description of primary
activity of entity
(c) Organization's
profit % or stock
ownership %
(d) Officers, directors,
trustees, or key
employees' profit %
or stock ownership %
(e) Physicians'
profit % or stock
ownership %
1
2
3
4
5
6
7
8
9
10
11
12
13
Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page
Part VFacility Information
Section A. Hospital Facilities
(list in order of size from largest to smallest—see instructions)How many hospital facilities did the organization operate during the tax year?1Name, address, primary website address, and state license number (and if a group return, the name and EIN of the subordinate hospital organization that operates the hospital facility)
Licensed Hospital General Medical and Surgical Children's Hospital Teaching Hospital Critical Access Hospital Research Facility ER-24Hours ER-Other Other (describe) Facility reporting group
1 MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES
1275 York Avenue
New York,NY10065
WWW.MSKCC.ORG
7002020H
X X   X   X     URGENT Care center see part v of schedule h  
Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page 4
Part VFacility Information (continued)

Section B. Facility Policies and Practices

(Complete a separate Section B for each of the hospital facilities or facility reporting groups listed in Part V, Section A)
MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES
Name of hospital facility or letter of facility reporting group  
Line number of hospital facility, or line numbers of hospital facilities in a facility
reporting group (from Part V, Section A):
1
Yes No
Community Health Needs Assessment
1 Was the hospital facility first licensed, registered, or similarly recognized by a state as a hospital facility in the current tax year or the immediately preceding tax year?........................ 1   No
2 Was the hospital facility acquired or placed into service as a tax-exempt hospital in the current tax year or the immediately preceding tax year? If “Yes,” provide details of the acquisition in Section C............... 2   No
3 During the tax year or either of the two immediately preceding tax years, did the hospital facility conduct a community health needs assessment (CHNA)? If "No," skip to line 12...................... 3 Yes  
If "Yes," indicate what the CHNA report describes (check all that apply):
a
b
c
d
e
f
g
h
i
j
4 Indicate the tax year the hospital facility last conducted a CHNA: 20 22
5 In conducting its most recent CHNA, did the hospital facility take into account input from persons who represent the broad interests of the community served by the hospital facility, including those with special knowledge of or expertise in public health? If "Yes," describe in Section C how the hospital facility took into account input from persons who represent the community, and identify the persons the hospital facility consulted ................. 5 Yes  
6 a Was the hospital facility’s CHNA conducted with one or more other hospital facilities? If "Yes," list the other hospital facilities in Section C.................................. 6a   No
b Was the hospital facility’s CHNA conducted with one or more organizations other than hospital facilities?” If “Yes,” list the other organizations in Section C. ............................ 6b   No
7 Did the hospital facility make its CHNA report widely available to the public?.............. 7 Yes  
If "Yes," indicate how the CHNA report was made widely available (check all that apply):
a
b
c
d
8 Did the hospital facility adopt an implementation strategy to meet the significant community health needs
identified through its most recently conducted CHNA? If "No," skip to line 11. ..............
8 Yes  
9 Indicate the tax year the hospital facility last adopted an implementation strategy: 20 22
10 Is the hospital facility's most recently adopted implementation strategy posted on a website?......... 10 Yes  
a If "Yes" (list url): WWW.MSKCC.ORG/COMMUNITYSERVICEPLANS
b If "No," is the hospital facility’s most recently adopted implementation strategy attached to this return? ...... 10b    
11 Describe in Section C how the hospital facility is addressing the significant needs identified in its most recently conducted CHNA and any such needs that are not being addressed together with the reasons why such needs are not being addressed.
12a Did the organization incur an excise tax under section 4959 for the hospital facility's failure to conduct a CHNA as required by section 501(r)(3)?............................... 12a   No
b If "Yes" on line 12a, did the organization file Form 4720 to report the section 4959 excise tax?........ 12b    
c If "Yes" on line 12b, what is the total amount of section 4959 excise tax the organization reported on Form 4720 for all of its hospital facilities? $  

Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page 5
Part VFacility Information (continued)

Financial Assistance Policy (FAP)
MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES
Name of hospital facility or letter of facility reporting group  
Yes No
Did the hospital facility have in place during the tax year a written financial assistance policy that:
13 Explained eligibility criteria for financial assistance, and whether such assistance included free or discounted care? 13 Yes  
If “Yes,” indicate the eligibility criteria explained in the FAP:
a
b
c
d
e
f
g
h
14 Explained the basis for calculating amounts charged to patients?................. 14 Yes  
15 Explained the method for applying for financial assistance?................... 15 Yes  
If “Yes,” indicate how the hospital facility’s FAP or FAP application form (including accompanying instructions) explained the method for applying for financial assistance (check all that apply):
a
b
c
d
e
16 Was widely publicized within the community served by the hospital facility?........ 16 Yes  
If "Yes," indicate how the hospital facility publicized the policy (check all that apply):
a
WWW.MSKCC.ORG/FINANCIAL-ASSISTANCE
b
www.mskcc.org/financial-assistance
c
d
e
f
g
h
i
j
Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page 6
Part VFacility Information (continued)

Billing and Collections
MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES
Name of hospital facility or letter of facility reporting group  
Yes No
17 Did the hospital facility have in place during the tax year a separate billing and collections policy, or a written financial assistance policy (FAP) that explained all of the actions the hospital facility or other authorized party may take upon nonpayment?.................................. 17 Yes  
18 Check all of the following actions against an individual that were permitted under the hospital facility's policies during the tax year before making reasonable efforts to determine the individual’s eligibility under the facility’s FAP:
a
b
c
d
e
f
19 Did the hospital facility or other authorized party perform any of the following actions during the tax year before making reasonable efforts to determine the individual’s eligibility under the facility’s FAP?............ 19   No
If "Yes," check all actions in which the hospital facility or a third party engaged:
a
b
c
d
e
20 Indicate which efforts the hospital facility or other authorized party made before initiating any of the actions listed (whether or not checked) in line 19. (check all that apply):
a
b
c
d
e
f
Policy Relating to Emergency Medical Care
21 Did the hospital facility have in place during the tax year a written policy relating to emergency medical care that required the hospital facility to provide, without discrimination, care for emergency medical conditions to individuals regardless of their eligibility under the hospital facility’s financial assistance policy?.................. 21 Yes  
If "No," indicate why:
a
b
c
d
Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page 7
Part VFacility Information (continued)

Charges to Individuals Eligible for Assistance Under the FAP (FAP-Eligible Individuals)
MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES
Name of hospital facility or letter of facility reporting group  
Yes No
22 Indicate how the hospital facility determined, during the tax year, the maximum amounts that can be charged to FAP-eligible individuals for emergency or other medically necessary care.
a
b
c
d
23 During the tax year, did the hospital facility charge any FAP-eligible individual to whom the hospital facility provided emergency or other medically necessary services more than the amounts generally billed to individuals who had insurance covering such care? ............................... 23   No
If "Yes," explain in Section C.
24 During the tax year, did the hospital facility charge any FAP-eligible individual an amount equal to the gross charge for any service provided to that individual? ........................... 24   No
If "Yes," explain in Section C.
Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page 8
Part V
Facility Information (continued)
Section C. Supplemental Information for Part V, Section B. Provide descriptions required for Part V, Section B, lines 2, 3j, 5, 6a, 6b, 7d, 11, 13b, 13h, 15e, 16j, 18e, 19e, 20a, 20b, 20c, 20d, 20e, 21c, 21d, 23, and 24. If applicable, provide separate descriptions for each hospital facility in a facility reporting group, designated by facility reporting group letter and hospital facility line number from Part V, Section A (“A, 1,” “A, 4,” “B, 2,” “B, 3,” etc.) and name of hospital facility.
Form and Line Reference Explanation
Schedule H, Part V, Section B, Line 3E WE PRIORITIZED THE IDENTIFIED CANCER-RELATED COMMUNITY HEALTH NEEDS BASED ON CERTAIN CRITERION AS OUTLINED IN MSK'S 2022-2024 CHNA AND LINKED THEM TO APPROPRIATE PROGRAMS AND ACTIVITIES AS DESCRIBED IN THE IMPLEMENTATION STRATEGIES POSTED TO OUR WEBSITE AT WWW.MSKCC.ORG/COMMUNITYSERVICEPLANS.
Schedule H, Part V, Section B, Line 5 Facility , 1 Facility , 1 - MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES. TO UPDATE OUR UNDERSTANDING OF CURRENT CANCER-RELATED NEEDS WITHIN OUR CATCHMENT AREA, IN 2022 MSK INVITED COMMUNITY STAKEHOLDERS TO PARTICIPATE IN MSK'S COMMUNITY HEALTH NEEDS ASSESSMENT LEADERSHIP FORUM. INVITATIONS TO PARTNER IN OUR CHNA LEADERSHIP FORUM WERE SENT TO 225 COMMUNITY REPRESENTATIVES FROM WHICH 60 ORGANIZATIONS SERVING UNDERSERVED POPULATIONS PARTICIPATED. THESE ORGANIZATIONS ALSO HELPED DISSEMINATE THE GREATER NEW YORK HOSPITAL ASSOCIATION CHNA SURVEY TO THEIR AUDIENCES. PARTICIPANTS INCLUDED REPRESENTATIVES FROM COMMUNITY-BASED ORGANIZATIONS AND LOCAL HEALTH AGENCIES, LOCAL GOVERNMENT OFFICIALS, HEALTHCARE PROVIDERS, BUSINESSES, HEALTHCARE ADVOCATES, AND LABOR UNIONS. MSK'S VIRTUAL CHNA LEADERSHIP FORUM WAS HELD IN MAY 2022. PARTICIPANTS WERE ASSIGNED TO GROUPS RANGING IN SIZE BETWEEN 6-12 PEOPLE AND WERE ASKED TO SPEAK ON BEHALF OF THE DIVERSE LOCALIZED POPULATIONS THEIR ORGANIZATIONS AND AGENCIES SERVED INCLUDING HARLEM, QUEENS, BROOKLYN, NEW JERSEY, LONG ISLAND, AND WESTCHESTER. MSK'S CHNA COMMITTEE DEVELOPED A DISCUSSION GUIDE, WHICH SUPPORTED DEFINING CANCER-RELATED HEALTH PRIORITIES AND CONCERNS FACING AREA RESIDENTS (ESPECIALLY FOR DIVERSE AND MEDICALLY UNDERSERVED POPULATIONS) AND EXPLORING OPPORTUNITIES FOR MSK TO PARTNER WITH COMMUNITY-BASED ORGANIZATIONS TO ADDRESS HEALTH DISPARITIES. LEADING HEALTH NEEDS WERE IDENTIFIED BY GROUP CONSENSUS AND CATEGORIZED INTO FIVE BROAD AREAS FOR IMPROVING CANCER OUTCOMES: SOCIAL DETERMINANTS OF HEALTH, ACCESS TO CLINICAL SERVICES, LANGUAGE AND CULTURAL SENSITIVITY, SOCIAL SUPPORT AND COMMUNITY PARTNERSHIPS. AFTER THE FORUM, THE FINDINGS WERE SHARED WITH OUR CHNA PARTNERS FOR CONFIRMATION AND ADDITIONAL FEEDBACK. COMMUNITY ORGANIZATIONS THAT PROVIDED INPUT FOR MSK'S CHNA INCLUDE: A BETTER COLLEGE POINT CIVIC ASSOCIATION ADELPHI NY STATEWIDE BREAST CANCER HOTLINE AMERICAN CANCER SOCIETY ARAB AMERICAN ASSOCIATION OF NY ARAB AMERICAN FAMILY SUPPORT CENTER BREAST CANCER ALLIANCE BRONX HEALTH & HOUSING CONSORTIUM BRONX HEALTH REACH BROOKLYN COLLEGE CANCER CENTER BROTHER TO BROTHER CALLEN LORDE CANCER AND CAREERS CANCER CARE CANCER SUPPORT TEAM COALICION MEXICANA COUNCILWOMAN MERCEDES NARCISSE OFFICE, 46TH DISTRICT CSP OF NASSAU COUNTY DILIGENTLY SERVING IMMIGRANTS INC. GILDA'S - RED DOOR COMMUNITY GILDA'S CLUB OF WESTCHESTER HEADSTRONG FOUNDATION HOPE COMMUNITIES INC. LATINA SHARE LATINO COMMISSION ON AIDS - NYC REGION LEUKEMIA & LYMPHOMA SOCIETY LONG ISLAND NETS MAKE THE ROAD NY MEXICAN CONSULATE / VENTANILLA DE SALUD MIDDLESEX COUNTY OFFICE OF HEALTH SERVICES MOLLOY COLLEGE MONMOUTH COUNTY REGIONAL HEALTH COMMISSION NO. 1 NASSAU COUNTY DEPARTMENT OF HEALTH NASSAU LIBRARY SYSTEM NATIONAL ASSOCIATION OF NIGERIAN NURSES IN NORTH AMERICA NJCEED NOSTRAND GARDENS CIVIC ASSOCIATION NEW YORK CITY DISTRICT COUNCIL OF CARPENTERS OCEAN MONMOUTH HEALTH ALLIANCE OPEN DOOR FAMILY MEDICAL CENTERS RISEBOROUGH COMMUNITY PARTNERSHIPS RYE YMCA SISTERS UNITED IN HEALTH SOMERSET MORRIS CHRONIC DISEASE COALITION SOUL RYEDERS SOUTH ASIAN COUNCIL FOR SOCIAL SERVICES SUNNYSIDE COMMUNITY SERVICES SUPPORT CONNECTION SUSAN G. KOMEN BREAST CANCER ORGANIZATION THE ABYSSINIAN BAPTIST CHURCH THE BUSINESS COUNCIL OF WESTCHESTER THE COLETTE COYNE MELANOMA AWARENESS CAMPAIGN THE ISAACS CENTER AND GODDARD RIVERSIDE COMMUNITY CENTER UNION COUNTY OFFICE OF HEALTH MANAGEMENT UNION FOUTA UNIONDALE LIBRARY VISITING NURSES SERVICE OF NEW YORK - VNSNY CHOICE VNACJ COMMUNITY HEALTH CENTER WESTCHESTER JEWISH COMMUNITY SERVICES WYCKOFF HEALTH MEDICAL CENTER POSITIVE HEALTH MANAGEMENT MSK HELD A FOLLOW UP FORUM IN HARLEM IN AUGUST 2023 WITH COMMUNITY ORGANIZATIONS TO SHARE OUR IMPLEMENTATION PLAN AND INVITE FEEDBACK. THE FORUM GOALS WERE TO ALLOW MSK COMMUNITY PARTNERS TO PROVIDE FEEDBACK ON PROPOSED TACTICS IN THE 2022-2024 MSK COMMUNITY SERVICE PLAN, IDENTIFY EXISTING ALIGNED LOCAL PROGRAMS AND ORGANIZATIONS THAT MSK CAN PARTNER WITH IN ADVANCING THE TACTICS OF THE IMPLEMENTATION PLAN, AND PROVIDE A VENUE FOR NETWORKING AND CONNECTION BETWEEN MSK AND COMMUNITY ORGANIZATIONS.
Schedule H, Part V, Section B, Line 7 Facility , 1 Facility , 1 - MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES. SUMMARY FINDINGS OF MSK'S COMMUNITY HEALTH NEEDS ASSESSMENT (CHNA) WERE SENT TO COMMUNITY-BASED ORGANIZATIONS WITH WHOM WE WORKED AND INVITED THEIR FEEDBACK. WE ALSO INCORPORATED THE CHNA INTO OUR 2022-2024 NEW YORK STATE COMMUNITY SERVICE PLAN (CSP) TO ADDRESS THE IDENTIFIED HEALTH NEEDS. THE FINAL REPORT IS BEING SHARED VIA EMAIL WITH AREA OFFICIALS AND HEALTH AGENCIES, CIVIC LEADERS, AND COMMUNITY ORGANIZATIONS. IT IS ALSO PUBLISHED ON MSK'S WEBSITE FOR PUBLIC INFORMATION AND INPUT AT MSKCC.ORG/COMMUNITYSERVICEPLANS. MSK HELD A FOLLOW UP FORUM IN HARLEM IN AUGUST 2023 WITH COMMUNITY ORGANIZATIONS TO SHARE OUR IMPLEMENTATION PLAN AND INVITE FEEDBACK. THE FORUM GOALS WERE TO ALLOW MSK COMMUNITY PARTNERS TO PROVIDE FEEDBACK ON PROPOSED TACTICS IN THE 2022-2024 MSK COMMUNITY SERVICE PLAN, IDENTIFY EXISTING ALIGNED LOCAL PROGRAMS AND ORGANIZATIONS THAT MSK CAN PARTNER WITH IN ADVANCING THE TACTICS OF THE IMPLEMENTATION PLAN, AND PROVIDE A VENUE FOR NETWORKING AND CONNECTION BETWEEN MSK AND COMMUNITY ORGANIZATIONS. MSK WILL MAKE ANNUAL UPDATES TO ITS COMMUNITY SERVICE PLAN WHENEVER REQUIRED BY THE NEW YORK DEPARTMENT OF HEALTH.
Schedule H, Part V, Section B, Line 11 Facility , 1 Facility , 1 - MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES. MSK HAS A LONG-STANDING COMMITMENT TO ADDRESS MANY OF THE CANCER-RELATED NEEDS IDENTIFIED THROUGH ITS RECENT CHNA. THE CHNA SURVEY DEVELOPED BY GNYHA AND DISSEMINATED TO COMMUNITY MEMBERS BY 14 HOSPITALS AND HEALTH SYSTEMS, INCLUDING MSK, CONFIRMED CANCER IS A LEADING CAUSE OF DEATH AND AN IMPORTANT CONCERN OF THE COMMUNITY. MSK'S COMMUNITY BENEFIT PROGRAMS WILL CONTINUE TO INCLUDE AN ARRAY OF CANCER-FOCUSED PROGRAMS AROUND RESEARCH, EDUCATION, PATIENT FINANCIAL ASSISTANCE, AND PATIENT SCREENING AND CARE. IN ADDITION, MSK WILL CONTINUE TO SUPPORT THE TOBACCO PREVENTION AND CHRONIC DISEASE PREVENTIVE CARE AND MANAGEMENT FOCUS AREAS OF THE NEW YORK STATE PREVENTION AGENDA. MSK IS CURRENTLY ADDRESSING MANY OTHER CANCER-FOCUSED TOPICS IDENTIFIED THROUGH THE CHNA, INCLUDING ACCESS TO CLINICAL SERVICES, SOCIAL DETERMINANTS OF HEALTH, AND LANGUAGE AND CULTURAL SENSITIVITY. FOR EXAMPLE, MSK'S RALPH LAUREN CENTER PROVIDES FREE AND DISCOUNTED CANCER CARE, PREVENTION, AND SCREENING, AS WELL AS HEALTH-RELATED AND NUTRITIONAL EDUCATION AT NO COST TO THE COMMUNITY. PROGRAMS THROUGH MSK'S IMMIGRANT HEALTH AND CANCER DISPARITIES SERVICE (IHCD) ADDRESS PREVENTION/SCREENING, NUTRITION EDUCATION, AND HEALTHCARE REFERRALS FOR IMMIGRANTS. THESE PROGRAMS INCLUDE THE ARAB HEALTH INITIATIVE, VENTANILLA DE SALUD (HEALTH WINDOW WITH MEXICAN CONSULATE), MOBILE HEALTH UNIT, AND THE TAXI NETWORK, AMONG OTHERS. IHCD ALSO RUNS THE FOOD TO OVERCOME OUTCOME DISPARITIES PROGRAM (F.O.O.D.), WHICH TACKLES FOOD INSECURITY AMONG UNDERSERVED CANCER PATIENTS BY PROVIDING NUTRITION EDUCATION AND FREE NUTRITIOUS FOODS THROUGH FOOD PANTRIES AT 15 CANCER TREATMENT SITES ACROSS NEW YORK CITY AND LONG ISLAND. F.O.O.D. PARTNERS WITH COMMUNITY-BASED ORGANIZATIONS, HOSPITALS AND OTHER AGENCIES TO CONDUCT RESEARCH ON THE IMPACT OF THE PROGRAM TO DECREASE FOOD INSECURITY AND INCREASE CANCER TREATMENT ADHERENCE AND PATIENT OUTCOMES. MSK'S TOBACCO TREATMENT PROGRAM (TTP) WORKS TO REDUCE TOBACCO-RELATED CANCER BURDENS AND ADDRESSES DISPARITIES THROUGH EVIDENCE-BASED CLINICAL CARE, EDUCATION, TRAINING, COMMUNITY OUTREACH, AND RIGOROUS RESEARCH. TO ADDRESS LANGUAGE ASSISTANCE FOR LIMITED ENGLISH PROFICIENCY PATIENTS, MSK ENSURES ALL PATIENTS AND FAMILIES ARE ABLE TO CONNECT TO HIGH-QUALITY CANCER CARE THROUGH MEDICAL INTERPRETING AND TRANSLATION SERVICES. MSK ALSO PRODUCES ONLINE AND PRINT RESOURCES IN MULTIPLE LANGUAGES, INCLUDING ALBANIAN, ARABIC, BENGALI, CHINESE, FRENCH, GERMAN, GREEK, GUJARATI, HEBREW, HINDI, ITALIAN, JAPANESE, KOREAN, POLISH, PORTUGUESE, PUNJABI, RUSSIAN, SPANISH, UKRAINIAN, URDU, VIETNAMESE, AND YIDDISH. ALL MATERIALS PRODUCED ARE AVAILABLE TO THE PUBLIC IN A VIRTUAL PATIENT EDUCATION LIBRARY AT MSKCC.ORG/PE. THE LIBRARY HOSTS OVER 5,000 EDUCATIONAL RESOURCES AND HAD OVER 88 MILLION VIEWS SINCE 2020. IN ADDITION, FOR MORE THAN 20 YEARS, MSK'S MEDICAL INTERPRETING TRAINING AND EDUCATION PROGRAM HAS ADDRESSED THE LANGUAGE BARRIERS IN HEALTHCARE BY TRAINING BILINGUAL INDIVIDUALS TO BECOME PROFESSIONAL MEDICAL INTERPRETERS. MEDICAL INTERPRETERS EMPOWER PROVIDERS TO DELIVER HIGH QUALITY, PERSONALIZED CARE WHILE ENSURING SATISFACTION AND MOST IMPORTANTLY, IMPROVED HEALTH OUTCOMES FOR PATIENTS. THE GNYHA SURVEY ADDITIONALLY IDENTIFIED DENTAL CARE, VIOLENCE, HEART DISEASE, AND COVID-19 AS TOP ISSUES. MSK WILL CONTINUE TO PARTNER WITH GOVERNMENT AGENCIES TO ADDRESS COVID-19 IF THE EPIDEMIC REQUIRES IT, BUT PROVIDING DENTAL CARE, AND PREVENTING VIOLENCE AND HEART DISEASE ARE NOT WITHIN MSK'S EXPERTISE TO ADDRESS. MSK PROVIDES REFERRALS TO EXTERNAL ORGANIZATIONS THAT RESPOND TO THESE NEEDS. ADDITIONAL INFORMATION ON IDENTIFIED NEEDS AND WHAT NEEDS ARE NOT BEING ADDRESSED TOGETHER WITH THE REASON WHY SUCH NEEDS ARE NOT BEING ADDRESSED CAN ALSO BE FOUND IN THE HOSPITAL'S MOST RECENT COMPREHENSIVE THREE-YEAR CSP AND CHNA REPORT POSTED AT WWW.MSKCC.ORG/COMMUNITYSERVICEPLANS.
Schedule H, Part V, Section B, Line 13 Facility , 1 Facility , 1 - MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES. WE USE A 500% OF THE FEDERAL POVERTY LEVEL (FPL) AS AN ANNUAL INCOME GUIDELINE. HOWEVER, WE MAY QUALIFY PATIENTS FOR OUR FAP EVEN IF THEIR INCOME EXCEEDS THE 500%. THAT'S BECAUSE WE ALLOW A DEDUCTION FOR MONTHLY ROUTINE HOUSEHOLD BILLS BASED ON FAMILY SIZE. PATIENTS WITH A ZERO OR NEGATIVE BALANCE ARE THEREFORE ELIGIBLE FOR THE PROGRAM UNLESS THEY HAVE LARGE ASSETS NOT LINKED TO THEIR RETIREMENT OR EDUCATION.
Schedule H, Part V, Section B, Line 15 Facility , 1 Facility , 1 - MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES. MSK IS COMMITTED TO PROVIDING FINANCIAL ASSISTANCE TO PATIENTS WITH THE GREATEST MEDICAL AND FINANCIAL NEEDS, INCLUDING UNINSURED AND UNDERINSURED PATIENTS WHO CANNOT AFFORD TO PAY FOR MEDICAL CARE OR WHO CANNOT ACCESS HEALTH INSURANCE. EACH APPLICATION FOR AID IS HANDLED CONFIDENTIALLY, IN COOPERATION WITH THE APPLICANT, AND IS DETERMINED BASED ON HOUSEHOLD INCOME AND FAMILY SIZE. HOSPITAL AND PHYSICIAN FEES ARE REDUCED OR TOTALLY FORGIVEN FOR QUALIFYING PATIENTS. TO HELP A BROAD RANGE OF PATIENTS, OUR INCOME ELIGIBILITY GUIDELINE FOR FREE CARE IS 500 PERCENT ABOVE THE FEDERAL POVERTY LEVEL, WELL ABOVE THE REQUIRED LEVEL OF 300 PERCENT. A PATIENT MAY ALSO QUALIFY FOR ASSISTANCE EVEN IF THEIR INCOME EXCEEDS THE UPPER LIMIT. WE UNDERSTAND THAT EACH PATIENT HAS A UNIQUE FINANCIAL SITUATION AND ENCOURAGE PATIENTS TO CONTACT OUR FINANCIAL ASSISTANCE PROGRAM TO RECEIVE MORE INFORMATION. IN ADDITION, WE STRATEGICALLY PLACE FINANCIAL ASSISTANCE BROCHURES AT EACH REGISTRATION SITE AND AT THE FRONT DESK OF OUR PATIENT FINANCIAL SERVICES OFFICE. WE INCLUDE COPIES OF THE FAP BROCHURE WITH THE INITIAL HOSPITAL BILL TO EVERY NEW PATIENT. MENTION OF THE FAP IS MADE IN EVERY PATIENT STATEMENT AND LETTER SENT TO THEM. REFERENCE IS MADE IN THE COLLECTION LETTERS FROM COLLECTION AGENCIES AS WELL. FURTHERMORE, THE FINANCIAL ASSISTANCE INFORMATION IS POSTED ON THE MSK WEBSITE AT WWW.MSKCC.ORG/FINANCIAL-ASSISTANCE.
Schedule H, Part V, Section B, Line 16 Facility , 1 Facility , 1 - MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES. IN ADDITION TO BEING AVAILABLE ON OUR WEBSITE AT WWW.MSKCC.ORG/FINANCIAL-ASSISTANCE, A PATIENT CAN ALSO REQUEST A COPY OF THE PLAIN LANGUAGE SUMMARY AND THE FAP APPLICATION BY CALLING OUR DEDICATED FINANCIAL ASSISTANCE LINE AT 212-639-3810.
Schedule H, Part V, Section B, Line 20 Facility , 1 Facility , 1 - MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES. REGARDING "PRESUMPTIVE ELIGIBILITY", HOSPITALS QUALIFY PATIENTS FOR CHARITY CARE AS PART OF THE BENEFIT THEY PROVIDE TO THE SURROUNDING COMMUNITIES. BY USING TECHNOLOGY THAT LEVERAGES CREDIT-SCORE-LIKE DATA, DEMOGRAPHIC INFORMATION AND SOCIAL MEDIA DATA THEY DETERMINE WHETHER PATIENTS ARE LIKELY TO QUALIFY FOR CHARITY CARE. CURRENTLY, WE ARE NOT USING THIS TECHNOLOGY AT MSK; HOWEVER, WE DO SOMETIMES CONDUCT PRELIMINARY FINANCIAL SCREENINGS VIA TELEPHONE TO ASCERTAIN ELIGIBILITY FOR OUR FINANCIAL ASSISTANCE PROGRAM. ONCE THE PATIENT PROVIDES THE REQUIRED DOCUMENTS THE CASE IS FINALIZED.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page 9
Part VFacility Information (continued)

Section D. Other Health Care Facilities That Are Not Licensed, Registered, or Similarly Recognized as a Hospital Facility
(list in order of size, from largest to smallest)
How many non-hospital health care facilities did the organization operate during the tax year?5
Name and address Type of Facility (describe)
1 MSK MONMOUTH
480 RED HILL ROAD
MIDDLE TOWN,NJ07748
EXTENSION CLINIC
2 MSK BERGEN
225 SUMMIT AVENUE
MONTVALE,NJ07901
EXTENSION CLINIC
3 MSK BASKING RIDGE
136 MOUNTAIN VIEW BLVD
BASKING RIDGE,NJ07920
EXTENSION CLINIC
4 MSK CLINICAL GENETICS SERVICES
222 EAST 70TH STREET
NEW YORK,NY10021
EXTENSION CLINIC
5 BENDHEIM CENTER FOR INTEGRATED MEDICINE
205 E64TH STREET
NEW YORK,NY10065
EXTENSION CLINIC
6
7
8
9
10
Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page 10
Part VI
Supplemental Information
Provide the following information.
1 Required descriptions. Provide the descriptions required for Part I, lines 3c, 6a, and 7; Part II and Part III, lines 2, 3, 4, 8 and 9b.
2 Needs assessment. Describe how the organization assesses the health care needs of the communities it serves, in addition to any CHNAs reported in Part V, Section B.
3 Patient education of eligibility for assistance. Describe how the organization informs and educates patients and persons who may be billed for patient care about their eligibility for assistance under federal, state, or local government programs or under the organization’s financial assistance policy.
4 Community information. Describe the community the organization serves, taking into account the geographic area and demographic constituents it serves.
5 Promotion of community health. Provide any other information important to describing how the organization’s hospital facilities or other health care facilities further its exempt purpose by promoting the health of the community (e.g., open medical staff, community board, use of surplus funds, etc.).
6 Affiliated health care system. If the organization is part of an affiliated health care system, describe the respective roles of the organization and its affiliates in promoting the health of the communities served.
7 State filing of community benefit report. If applicable, identify all states with which the organization, or a related organization, files a community benefit report.
Form and Line Reference Explanation
Schedule H, Part I, Line 3a A PATIENT WITH INCOME LESS THAN OR EQUAL TO 500% OF THE FEDERAL POVERTY GUIDELINES IS ELIGIBLE FOR THE INSTITUTION'S FINANCIAL ASSISTANCE PROGRAM (FAP). THE INSTITUTION MAY REDUCE THE FEES INCURRED BY THE PATIENT OR ACCEPT AS FULL PAYMENT AMOUNTS PAID BY THE INSURANCE CARRIER ON THE PATIENT'S BEHALF. IN ADDITION, A PATIENT MAY ALSO QUALIFY FOR ASSISTANCE EVEN IF HIS/HER INCOME IS GREATER THAN THE THRESHOLD LIMIT. THE INSTITUTION ADJUSTS PATIENTS' INCOME FOR ROUTINE MONTHLY EXPENSES, INCLUDING TAXES, TO DETERMINE "DISPOSABLE INCOME". MSK ALSO DEDUCTS A SPECIFIC AMOUNT (DEBT BURDEN) AS A MONTHLY CLOTHES AND FOOD ALLOWANCE BASED ON A PATIENT'S FAMILY SIZE IN EVALUATING THE TYPE AND AMOUNT OF ASSISTANCE NEEDED. THE TABLE BELOW ILLUSTRATES THE INCOME GUIDELINE USED IN EVALUATING THE PATIENT'S FINANCIAL STATUS. FAMILY SIZE; ALLOWED INCOME; RESOURCE LEVELS 1; $ 72,900; $ 42,000 2; $ 91,550; $ 61,500 3; $115,150; $ 62,535 4; $138,750; $ 70,688 5; $162,350; $ 78,848 6; $185,950 ; $ 87,000
Schedule H, Part I, Line 3c THE MAXIMUM AMOUNT CHARGED TO PATIENTS DEEMED ELIGIBLE UNDER THE FAP FOR "EMERGENCY OR OTHER MEDICALLY NECESSARY CARE" IS THE AMOUNT THE INSTITUTION INITIALLY CONCLUDED A PATIENT CAN AFFORD TO PAY WHEN FINALIZING THE FAP APPLICATION. THIS AMOUNT IS DERIVED BY CALCULATING A PATIENT'S HOUSEHOLD "NET MONTHLY INCOME DEDUCTING THE TOTAL AMOUNT OF ROUTINE MONTHLY BILLS. THE AMOUNT REMAINING IS WHAT WE CONSIDER THE PATIENT CAN PAY EACH MONTH. IF THE PATIENT'S HOUSEHOLD MONTHLY ROUTINE BILLS ARE MORE THAN OR EQUAL TO "NET MONTHLY INCOME", THE INSTITUTION ACCEPTS WHATEVER THE PATIENT'S INSURANCE PAYS AS PAYMENT IN FULL, (THE PATIENT WOULD NOT HAVE TO PAY ANYTHING OUT-OF-POCKET); UNLESS THE PATIENT HAS ASSETS SUCH AS A SECOND HOME, STOCKS, CERTIFICATE OF DEPOSITS, LARGE SAVINGS OR ANY OTHER ASSETS EXCLUDING RETIREMENT AND EDUCATION ACCOUNTS. PATIENTS WITH LARGE AMOUNTS OF ASSETS WHOSE ROUTINE MONTHLY BILLS ARE GREATER THAN THEIR "NET MONTHLY INCOME" MAY BE ELIGIBLE FOR REDUCED TIME AND PAYMENT ARRANGEMENT AND WOULD MAKE MONTHLY PAYMENTS (12 TO 18 MONTHS) TO PAY OFF THE AMOUNT THE INSTITUTION DETERMINED THEY CAN AFFORD TO PAY. ONCE THE FAP APPLICATION IS FINALIZED AND A PATIENT IS DEEMED ELIGIBLE TO PAY NOTHING OR A REDUCED TIME PAYMENT, THIS AGREEMENT IS EFFECTIVE FOR ONE YEAR AND INCLUDES THE PATIENT'S OUTSTANDING BALANCES. ALL PATIENTS ARE ADVISED OF MSK'S FAP, BUT AGAIN THE DETERMINATION IS ONLY DOCUMENTED IF THE PATIENT APPLIES FOR THE ASSISTANCE.
Schedule H, Part I, Line 7 FINANCIAL ASSISTANCE REPRESENTS THE COST OF SERVICES PROVIDED TO PATIENTS WHO CANNOT AFFORD HEALTH CARE SERVICES DUE TO INADEQUATE RESOURCES AND/OR ARE UNINSURED OR UNDERINSURED. A PATIENT IS CLASSIFIED AS A FINANCIAL ASSISTANCE PATIENT IN ACCORDANCE WITH THE INSTITUTION'S ESTABLISHED POLICIES AND WHERE INSUFFICIENT PAYMENT FOR SUCH SERVICES IS ANTICIPATED. THE INSTITUTION CONSIDERS PATIENTS FOR FINANCIAL ASSISTANCE IF HOUSEHOLD INCOME IS LESS THAN 500% OF THE FEDERAL POVERTY GUIDELINES, AND AS DESCRIBED IN OTHER SECTIONS OF THIS DOCUMENT. SERVICES PROVIDED AS FINANCIAL ASSISTANCE ARE NOT REPORTED AS REVENUE. THE COSTS REPORTED IN THE TABLE ON LINE 7, WERE BASED ON VARIOUS SOURCES. FINANCIAL ASSISTANCE AND THE UNREIMBURSED MEDICAID COST WERE BASED ON A COST-TO-CHARGE RATIO CALCULATION. THE TOTAL CHARGES ASSOCIATED WITH THESE PROGRAMS ARE MULTIPLIED BY A RATIO OF HISTORICAL EXPENSES TO CHARGES AS DERIVED FROM THE HOSPITAL'S NEW YORK STATE INSTITUTIONAL COST REPORT. THE COSTS ASSOCIATED WITH A PORTION OF THE HEALTH PROFESSIONAL EDUCATION COMMUNITY BENEFIT ARE OBTAINED FROM THE STEP-DOWN OF COSTS PREPARED AS PART OF THE NEW YORK STATE INSTITUTIONAL COST REPORT. TO ARRIVE AT THE AMOUNTS REPORTED IN THE TABLE ON LINE 7, ADDITIONAL STEPS AS OUTLINED BELOW WERE TAKEN. UNPAID COST OF GOVERNMENT-SPONSORED HEALTH CARE REPRESENTS THE ESTIMATED DIFFERENCE BETWEEN THE PAYMENTS MADE UNDER THE MEDICARE AND MEDICAID PROGRAMS AND THE INSTITUTION'S COST OF PROVIDING THESE SERVICES AS CALCULATED ABOVE. THE INSTITUTION SUBTRACTS ALL REVENUES RECEIVED FROM THE MEDICARE AND MEDICAID PROGRAMS TO DETERMINE THE COMMUNITY BENEFIT PROVIDED. RESEARCH COMMUNITY BENEFIT COSTS REPRESENT ALL COSTS FOR BASIC TRANSLATIONAL AND CLINICAL RESEARCH, SUPPORTED BY INSTITUTIONAL FUNDS, GOVERNMENTAL, AND OTHER NON-PROFIT ORGANIZATIONS. THE INSTITUTION IS A PREEMINENT PROVIDER OF HEALTH TRAINING TO HEALTH PROFESSIONALS WHO DESIRE TRAINING IN THE SKILLS NECESSARY TO TREAT CANCER PATIENTS. THE INSTITUTION TRAINS PHYSICIANS, SCIENTISTS, MEDICAL STUDENTS, RADIOLOGY STUDENTS, NURSING STUDENTS, SOCIAL WORK STUDENTS AND INDIVIDUALS LOOKING TO CREATE A CAREER IN THE FIELD OF CANCER BIOLOGY. THE AMOUNTS REPORTED AS HEALTH TRAINING REPRESENT INSTITUTIONAL FUNDS, AS WELL AS COSTS IN EXCESS OF AMOUNTS REIMBURSED BY THIRD-PARTY PAYERS SUCH AS TRAINING GRANT REVENUES AND DIRECT MEDICAL EDUCATION PAYMENTS FROM THE MEDICARE PROGRAM. AS INDICATED EARLIER, MSK'S PSYCHIATRY & BEHAVIORAL SERVICES DEPARTMENT OFFERS INPATIENT AND OUTPATIENT PSYCHOLOGICAL SERVICES AND OTHER QUALIFYING SUBSIDIZED COMMUNITY BENEFIT PROGRAMS TO PATIENTS. SUBSIDIZED CANCER SCREENINGS ARE ALSO OFFERED THROUGH OTHER COMMUNITY PROGRAMS PROVIDED BY THE INSTITUTION. THE COST ASSOCIATED WITH THESE PATIENTS' CARE ARE REPORTED IN THE TABLE ON LINE 7, BASED ON PATIENT CARE COST TO CHARGE RATIO, WHERE APPLICABLE. ALL SALARY EXPENSES RELATED TO OTHER SUBSIDIZED PATIENT CARE BY ATTENDING PHYSICIANS, CLINICAL AND RESEARCH FELLOWS AND NURSE PRACTITIONERS ARE ALSO REPORTED IN THE TABLE ON LINE 7G.
Schedule H, Part II MSK ENGAGES IN AND SUPPORTS COALITION-BUILDING ACTIVITIES THAT PROMOTE THE HEALTH OF THE COMMUNITIES THE INSTITUTION SERVES. STAFF MEMBERS ARE ENCOURAGED TO SHARE THEIR CLINICAL EXPERTISE AND EXPERIENCE WITH PARTNERING HEALTHCARE FACILITIES AND COMMUNITY ORGANIZATIONS. STAFF MEMBERS SERVE AND PARTICIPATE IN NUMEROUS COMMUNITY GROUPS INCLUDING THE AMERICAN CANCER SOCIETY, THE GREATER NEW YORK HOSPITAL ASSOCIATION, AND MANY HEALTH IMPROVEMENT ADVOCACY GROUPS FOR VARIOUS TYPES OF CANCER. ALTHOUGH THE SIGNIFICANT COST OF STAFF TIME DEVOTED TO THESE ACTIVITIES IS NOT QUANTIFIED BY THE CENTER, THE INSTITUTION CONSIDERS THESE EFFORTS TO COLLABORATE AND BUILD COMMUNITY RESOURCES TO BE OF SIZEABLE COMMUNITY BENEFIT.
Schedule H, Part I, Line 7g MEMORIAL SLOAN KETTERING HAS CONSISTENTLY SET THE STANDARD OF CARE FOR PEOPLE WITH CANCER BY EMPHASIZING EARLY DETECTION, PRECISE DIAGNOSIS, AND INDIVIDUALLY TAILORED TREATMENT. THE HOSPITAL SUBSIDIZES CANCER SCREENING, TREATMENT, AND SUPPORT SERVICES TO FULFILL ITS MISSION AND TO HELP REDUCE CANCER HEALTH DISPARITIES AMONG MINORITY AND MEDICALLY UNDERSERVED POPULATIONS. MEMORIAL SLOAN KETTERING'S PSYCHIATRY & BEHAVIORAL SCIENCES DEPARTMENT IS COMMITTED TO THE URGENT AS WELL AS ROUTINE CARE OF PATIENTS WITH CANCER. OUR PSYCHIATRISTS AND PSYCHOLOGISTS HAVE EXPERTISE IN ASSISTING PATIENTS WITH THE SPECTRUM OF PSYCHIATRIC AND BEHAVIORAL ISSUES THAT CAN ARISE DURING DIAGNOSIS AND TREATMENT. THE DEPARTMENT ALSO WORKS TO DEEPEN ITS UNDERSTANDING AND EXPAND TREATMENT OPTIONS FOR ONCOLOGY PATIENTS AROUND THE GLOBE THROUGH CLINICAL TRIALS, RESEARCH, AND OTHER MEANS. TO ACCOMPLISH THESE GOALS, THE DIVISION OFFERS INPATIENT AND OUTPATIENT PSYCHOLOGICAL AND SOCIAL SUPPORT SERVICES TO PATIENTS, THEIR FAMILIES, AND CAREGIVERS. FUNDING FOR THE MEDICAID OUTPATIENT VISITS AND INPATIENT ENCOUNTERS ARE SUBSIDIZED BY MSK, AS ARE UNREIMBURSED TIME AND EFFORT BY NURSES TO STAFF A SMOKING CESSATION CLINIC. PHILANTHROPIC FUNDS ARE USED TO SUPPORT A SIGNIFICANT NUMBER OF THE DEPARTMENT'S OVERALL CLINICAL AND TRAINING ACTIVITIES. SERVICES PROVIDED INCLUDE CONSULTATIONS AND EVALUATION, PSYCHOTHERAPY, MEDICATION MANAGEMENT AND PHARMACOTHERAPY, SUPPORTIVE COUNSELING, SMOKING CESSATION, HYPNOTHERAPY, VARIOUS DIAGNOSTIC TESTS, AND OTHERS. DURING 2023, THE DEPARTMENT EXPERIENCED 31,429 INPATIENT AND OUTPATIENT ENCOUNTERS WITH 1,135 PATIENTS TREATED THROUGH THE SMOKING CESSATION PROGRAM. APPROXIMATELY $3.00M WAS EXPENDED BY THE DEPARTMENT TO SUPPORT ITS COMMUNITY BENEFIT-RELATED PROGRAMS, OF WHICH $1.80M, OR 36%, WERE INCURRED FOR SUBSIDIZED CLINICAL CARE. AT MSK WE BELIEVE IN CARING FOR THE WHOLE PERSON, NOT JUST THE DISEASE OR SYMPTOM. INTEGRATIVE MEDICINE WEAVES NATURAL TREATMENTS SUCH AS ACUPUNCTURE, MASSAGE, AND YOGA INTO OUR OVERALL CARE PLAN. ALL OF OUR HOLISTIC HEALTH SERVICES AND PROGRAMS ARE BASED ON THE LATEST SCIENTIFIC EVIDENCE. THE INTEGRATIVE MEDICINE SERVICE PROVIDES FREE CLINICAL CARE FOR INPATIENTS. DURING 2023, WE SERVED 3,682 PEDIATRIC INPATIENT VISITS. THESE CLINICAL SERVICES INCLUDED MUSIC THERAPY, TOUCH THERAPY, ACUPUNCTURE, YOGA AND YOGIC BREATHING, MEDITATION AND GUIDED IMAGERY, KARATE AND DANCE THERAPY. WE ALSO PROVIDED EXTENSIVE EDUCATION FOR PATIENTS AND CAREGIVERS DURING BEDSIDE AND GROUP VISITS. THESE SERVICES ARE ALSO AVAILABLE FREE OF CHARGE TO PATIENTS SEEN ON THE OUTPATIENT PEDIATRIC FLOOR. DURING 2023, 559 OUTPATIENT PEDIATRIC VISITS WERE COMPLETED. IN ADDITION, WE OFFER OUTPATIENT ACUPUNCTURE CONSULTATIONS TO ANYONE IN THE COMMUNITY AT NO COST TO THEM. THESE CONSULTATIONS ADVISED CLIENTS ON HOW ACUPUNCTURE BENEFIT THEIR CONDITION BASED ON THEIR SPECIFIC THERAPEUTIC NEEDS. THERE WERE 79 ACUPUNCTURE CONSULTATIONS PROVIDED IN 2023. THE BAD DEBT EXPENSE WAS NOT INCLUDED ON LINE 25 IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP).
Schedule H, Part V, Section B, Line 13 G NEW PATIENTS WHO RESIDE IN NEW YORK OR NEW JERSEY MAY QUALIFY FOR FINANCIAL ASSISTANCE. EXISTING PATIENTS MAY QUALIFY FOR AID REGARDLESS OF WHERE THEY LIVE IN THE UNITED STATES.
Schedule H, Part V, Section B, Line 20 F NEITHER MSK NOR ITS COLLECTION AGENCIES PURSUE ANY EXTRAORDINARY COLLECTION ACTIONS AGAINST MSK'S PATIENTS. PRIOR TO REFERRING A PATIENT'S ACCOUNT TO A COLLECTION AGENCY MSK SENDS THE FAP BROCHURE WITH THE INITIAL HOSPITAL BILL TO EVERY NEW PATIENT TO MAKE THEM AWARE OF THE CHARITY CARE/FINANCIAL ASSISTANCE PROGRAM. THE FAP IS MENTIONED IN EVERY PATIENT STATEMENT AND LETTER THAT IS SENT TO A PATIENT. THE FAP IS ALSO MENTIONED IN EVERY COLLECTION LETTER SENT TO PATIENTS BY THE COLLECTION AGENCIES. EVEN AFTER A PATIENT'S ACCOUNT IS SENT TO COLLECTIONS, SHE/HE CAN STILL APPLY FOR FINANCIAL ASSISTANCE. IT IS NEVER TOO LATE TO APPLY FOR FINANCIAL ASSISTANCE AND IF ELIGIBLE, RETROACTIVE FAP COVERAGE WOULD BE PROVIDED TO THE PATIENT.
Schedule H, Part V, Section B, Line 21 ALL MSK'S PATIENTS REQUIRING URGENT CARE ARE PROVIDED WITH THE SERVICE REGARDLESS OF THEIR INSURANCE AND/OR FINANCIAL LIMITATION. FURTHERMORE, SERVICES ARE PROVIDED EVEN IF A DETERMINATION REGARDING ELIGIBILITY FOR MSK'S FAP HAS NOT YET BEEN MADE. THE MEMORIAL HOSPITAL URGENT CARE CENTER (UCC), OPEN SEVEN DAYS A WEEK, 24 HOURS A DAY, IS STAFFED AT ALL TIMES WITH AN ATTENDING PHYSICIAN. THE PRIMARY PURPOSE OF THE UCC IS TO TREAT REGISTERED MEMORIAL HOSPITAL PATIENTS WHO ARE ACUTELY ILL. THE UCC ALSO TREATS VISITORS WHO BECOME ACUTELY ILL ON THE PREMISES AND CANNOT BE TRANSFERRED TO NEW YORK PRESBYTERIAN/WEILL CORNELL MEDICAL CENTER, VISITORS WHO ARE INJURED ON THE PREMISES AND EMPLOYEES WHO BECOME ILL ON DUTY AFTER OUR EMPLOYEE HEALTH SERVICE HOURS. EXCEPT AS INDICATED ABOVE, THE UCC DOES NOT TREAT UNREGISTERED INDIVIDUALS WHO REPORT FOR TREATMENT BUT WILL EVALUATE THEIR CONDITION AND ADDRESS ACCORDINGLY. THE UCC COMPLIES WITH THE EMERGENCY TREATMENT AND ACTIVE LABOR ACT OF 1996 (42 USC SEC. 1395DD).
Schedule H, Part VI Disclosures pursuant to Rev. Proc 2015-21 Amounts generally billed disclosure On October 29, 2024, MSKCC discovered that the hospital organization's amounts generally billed (AGB) statement ("AGB Statement") describing the look-back method it uses to determine AGB, which includes the applicable AGB percentages and describes the methodology used for calculating those percentages was missing from the hospital organization's financial assistance web page, and was not linked to/from the hospital organization's Financial Assistance Policy (FAP). Upon further inquiry, MSKCC determined that the AGB Statement had been missing from the hospital organization's financial assistance web page since October 2022, when it was moved to a different publicly-accessible web page within the FAP material.. It was thought that changing the posted documents to a web page design would be a more logical presentation. At the same time, MSKCC discovered that the AGB Statement was not referenced in or linked to/from the FAP. As soon as MSKCC discovered this omission, MSKCC immediately began efforts to update and facilitate re-posting of the AGB Statement to the organization's financial assistance web page, and to ensure a hyperlink to the AGB Statement would be activated in the FAP. MSKCC re-posted the AGB Statement online, and activated the link to the AGB Statement in the FAP, in November 2024. To MSKCC and the hospital organization's knowledge, no individuals were adversely affected by this omission. To prevent recurrence of this omission, MSKCC will regularly monitor the FAP online and all FAP attachments and hyperlinked documents, including the AGB Statement, to ensure that they are up to date and that the hyperlinks in the FAP remain active. Non-employed provider list In mid-October 2024, MSKCC discovered that the hospital organization's list of non-employed providers of emergency or medically necessary care in its hospital facilities ("Provider List") was missing from the organization's financial assistance web page, and was not linked to from the organization's Financial Assistance Policy (FAP). The IRS discovered in doing a routine 501(r) compliance check that the Provider List was not referenced in or linked to the organization's FAP. As soon as MSKCC discovered this omission, MSKCC immediately began efforts to update and facilitate re-posting of the Provider List to the organization's financial assistance web page, and to ensure a hyperlink to the Provider List would be activated in the FAP which was done on November 14, 2024. To MSKCC's knowledge, no individuals were adversely affected by this omission. To prevent recurrence of this omission, MSKCC will regularly monitor the FAP online and all FAP attachments and hyperlinked documents, including the Provider List, to ensure that they are up to date and that the hyperlinks in the FAP remain active.
Schedule H, Part III, Line 2 Bad debt expense - methodology used to estimate amount THE AMOUNT ON LINE 2 OF PART III IS THE ACTUAL 2023 BAD DEBT WRITE-OFF WHICH IS DERIVED BY TAKING THE GROSS CHARGES ASSOCIATED WITH THE PROVISIONS FOR BAD DEBTS AND MULTIPLYING BY A RATIO OF HISTORICAL EXPENSES TO CHARGES AS DERIVED FROM THE HOSPITAL'S NEW YORK STATE INSTITUTIONAL COST REPORT. A SEPARATE RATIO IS CALCULATED FOR EACH TYPE OF PATIENT CARE ACTIVITY: INPATIENT, OUTPATIENT, AND PHYSICIAN.
Schedule H, Part III, Line 3 Bad Debt Expense Methodology PATIENTS CAN PURSUE FINANCIAL ASSISTANCE THROUGH MSK'S FINANCIAL ASSISTANCE PROGRAM. IF A PATIENT IS FOUND TO HAVE THE APPROPRIATE RESOURCES TO PAY FOR HEALTH SERVICES AND DOES NOT OR CHOOSES NOT TO PARTICIPATE IN AVAILABLE HEALTH BENEFIT PROGRAMS, THE INSTITUTION WILL BEGIN COLLECTION PROCEEDINGS IN ACCORDANCE WITH THE INSTITUTION'S POLICY. ONCE DEEMED UNCOLLECTABLE, THE CHARGES ARE CLASSIFIED AS BAD DEBTS AND ARE CHARGED OFF AS SUCH. THE AMOUNT ON LINE 3, OF PART III, REFLECTS THE COST OF THESE ACCOUNTS AS CALCULATED IN DETERMINING THE AMOUNT THAT REASONABLY COULD BE ATTRIBUTABLE TO PATIENTS WHO LIKELY WOULD QUALIFY FOR FINANCIAL ASSISTANCE UNDER THE INSTITUTION'S POLICY, THE INSTITUTION REVIEWED THE CASES THAT WERE CLOSED WITH AN "INCOMPLETE" STATUS IN THE FINANCIAL ASSISTANCE PROGRAM DURING 2019 THROUGH 2023. THE INSTITUTION THEN COMPARED THESE CASES AGAINST THE BAD DEBT WRITE-OFFS FROM 2023.
Schedule H, Part III, Line 4 Bad debt expense - financial statement footnote THE INSTITUTION FOLLOWS GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN REPORTING ON BAD DEBT EXPENSES. THEREFORE, A DETAILED DESCRIPTION OF THE BAD DEBT POLICY IS NOT REQUIRED IN THE FOOTNOTES TO THE AUDITED FINANCIAL STATEMENTS.
Schedule H, Part III, Line 8 Community benefit & methodology for determining medicare costs THE MEDICARE LOSS REFLECTS LOSSES FROM BOTH HOSPITAL AND PHYSICIANS' ACTIVITY. PHYSICIAN REVENUE IS SHOWN AS OTHER REVENUE ON THE MEDICARE COST REPORT. COSTS DISALLOWED BY THE MEDICARE PROGRAM, BUT WHICH ARE INCURRED IN PROVIDING CARE TO MEDICARE BENEFICIARIES HAVE BEEN INCLUDED.
Schedule H, Part III, Line 9b Collection practices for patients eligible for financial assistance THE INSTITUTION DOES NOT PURSUE COLLECTIONS FROM PATIENTS APPLYING FOR FINANCIAL ASSISTANCE. IF, HOWEVER, COLLECTIONS WERE INITIATED, THE EFFORT IS IMMEDIATELY SUSPENDED WHEN THE PATIENT APPLIES FOR FINANCIAL ASSISTANCE. IF THE PATIENT QUALIFIES FOR THE FAP WITH ZERO FEE PAYMENT, THE INSTITUTION ACCEPTS AS FULL SETTLEMENT ANY AMOUNT PAID BY THE INSURANCE CARRIER ON THE PATIENT'S BEHALF. ADDITIONALLY, IF A PATIENT QUALIFIES FOR A TIME PAYMENT PLAN (TPP), ALL OTHER CHARGES APART FROM THE AGREED TPP AMOUNT IS WRITTEN OFF AS FINANCIAL ASSISTANCE. FOR EXAMPLE, IF THE AGREEMENT CALLS FOR THE PATIENT TO MAKE AN ANNUAL PAYMENT OF $2,400 ($200 MONTHLY), THEN ALL OTHER CHARGES ACCRUING TO THE PATIENT ARE CANCELED AND WRITTEN OFF AS FINANCIAL ASSISTANCE. ANNUALLY, THE PATIENT'S CASE IS RE-EVALUATED AND ADJUSTMENTS MADE BASED ON CHANGING CIRCUMSTANCES.
Schedule H, Part V, Section B, Line 16a FAP website - MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES: Line 16a URL: WWW.MSKCC.ORG/FINANCIAL-ASSISTANCE;
Schedule H, Part V, Section B, Line 16b FAP Application website - MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES: Line 16b URL: www.mskcc.org/financial-assistance;
Schedule H, Part V, Section B, Line 16c FAP plain language summary website - MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES: Line 16c URL: WWW.MSKCC.ORG/FINANCIAL-ASSISTANCE;
Schedule H, Part VI, Line 2 Needs assessment THE CHNA IS THE MEANS BY WHICH THE INSTITUTION ASSESSES THE HEALTH NEEDS OF THE COMMUNITY. SEE PART V, SECTION B
Schedule H, Part VI, Line 3 Patient education of eligibility for assistance SINCE 1987, MSK HAS HAD A FINANCIAL ASSISTANCE PROGRAM IN PLACE TO ASSIST UNDERINSURED AND UNINSURED PATIENTS WHO ARE EXPERIENCING DIFFICULTIES MEETING THEIR FINANCIAL RESPONSIBILITIES TO MEMORIAL HOSPITAL AND ITS PHYSICIANS. FINANCIAL COUNSELORS WORK WITH PATIENTS AND INSURANCE COMPANIES INCLUDING MEDICARE AND MEDICAID TO HELP THE PATIENTS TO ACCESS SERVICES. THOSE WHO DO NOT QUALIFY FOR PUBLICLY AVAILABLE HEALTH INSURANCE, OR WHO ARE UNABLE TO PAY THEIR PORTION OF FEES ABOVE INSURANCE REIMBURSEMENT, MAY OBTAIN HELP THROUGH THE INSTITUTION'S FAP IF THEY ARE ELIGIBLE. THE PREMISE OF THE PROGRAM IS THAT ALL PATIENTS ARE EXPECTED TO CONTRIBUTE TO THEIR CARE BASED ON THEIR FINANCIAL ABILITY. THE FAP EMPLOYS SEVERAL STRATEGIES TO INCREASE PATIENTS' AWARENESS OF THE PROGRAM. DURING THE REGISTRATION PROCESS, FINANCIAL INTERVIEWERS EDUCATE PATIENTS ON THE VARIOUS PROGRAMS AVAILABLE TO THEM, INCLUDING GOVERNMENTAL PROGRAMS AND THE FINANCIAL ASSISTANCE PROGRAMS. MSK PERSONNEL SENDS THE FAP BROCHURE WITH THE INITIAL HOSPITAL BILL TO EVERY NEW PATIENT TO MAKE THEM AWARE OF THE CHARITY CARE/FINANCIAL ASSISTANCE PROGRAM. THE FAP IS ALSO MENTIONED IN EVERY STATEMENT AND LETTER THAT IS SENT TO A PATIENT. MOREOVER, THE FAP IS AGAIN MENTIONED IN EVERY COLLECTION LETTER SENT TO PATIENTS BY THE COLLECTION AGENCIES. EVEN AFTER A PATIENT'S ACCOUNT IS SENT TO COLLECTIONS, HE/SHE CAN STILL APPLY FOR FINANCIAL ASSISTANCE. IT IS NEVER TOO LATE TO APPLY FOR FINANCIAL ASSISTANCE AND RETROACTIVE FAP COVERAGE WOULD BE GIVEN IF A PATIENT IS DETERMINED ELIGIBLE FOR ASSISTANCE. INFORMATION ABOUT THE FINANCIAL ASSISTANCE PROGRAM IS ALSO AVAILABLE ON THE INSTITUTION'S WEBSITE AT WWW.MSKCC.ORG/FINANCIAL-ASSISTANCE OR BY CALLING OUR DEDICATED FINANCIAL ASSISTANCE LINE AT (212) 639-3810.
Schedule H, Part VI, Line 4 Community information MSK'S INPATIENT HOSPITAL IS IN MID-MANHATTAN WITH ADDITIONAL OUTPATIENT TREATMENT CENTERS IN BROOKLYN, LONG ISLAND, WESTCHESTER COUNTY, AND NEW JERSEY. OUR PRIMARY CATCHMENT AREA ENCOMPASSES 23 COUNTIES ACROSS THE FIVE BOROUGHS OF NEW YORK CITY, LONG ISLAND, SOUTHERN NEW YORK STATE, NEW JERSEY, AND SOUTHWESTERN CONNECTICUT. A TOTAL OF 229,492 PATIENTS WERE SEEN AT MSK'S FACILITIES IN 2023, INCLUDING 207,331 (90.3 PERCENT) PATIENTS FROM THE TRI-STATE AREA (NY, NJ, CT); 20,926 (9.1 PERCENT) PATIENTS FROM OTHER PARTS OF THE UNITED STATES; AND 1,235 (0.6 PERCENT) PATIENTS FROM OTHER COUNTRIES. THESE PATIENTS ACCOUNTED FOR 25,244 ADMISSIONS TO OUR HOSPITAL WITH 177,197 RELATED PATIENT DAYS AND 1,002,260 OUTPATIENT VISITS AT OUR COMBINED FACILITIES IN NEW YORK CITY AND THE REGION.
Schedule H, Part VI, Line 5 Promotion of community health AT MSK, WE ARE UNITED BY A SINGULAR VISION - ENDING CANCER FOR LIFE. OUR SPECIALIZED CARE TEAMS PROVIDE PERSONALIZED, COMPASSIONATE, EXPERT CARE TO PATIENTS OF ALL AGES. INFORMED BY BASIC RESEARCH DONE AT OUR SLOAN KETTERING INSTITUTE, SCIENTISTS ACROSS MSK COLLABORATE TO CONDUCT INNOVATIVE TRANSLATIONAL AND CLINICAL RESEARCH THAT IS DRIVING A REVOLUTION IN OUR UNDERSTANDING OF CANCER AS A DISEASE AND IMPROVING THE ABILITY TO PREVENT, DIAGNOSE, AND TREAT IT. MSK IS DEDICATED TO TRAINING THE NEXT GENERATION OF SCIENTISTS AND CLINICIANS, WHO GO ON TO PURSUE OUR MISSION AT MSK AND AROUND THE GLOBE. AS ONE OF THE WORLD'S MOST RESPECTED COMPREHENSIVE CENTERS DEVOTED EXCLUSIVELY TO CANCER, WE HAVE BEEN RECOGNIZED AS ONE OF THE TOP TWO CANCER HOSPITALS IN THE COUNTRY BY U.S. NEWS & WORLD REPORT FOR MORE THAN 30 YEARS. WE ARE NOT JUST CAREGIVERS, BUT THE CAREGIVERS WHO MAKE THE DIFFERENCE IN THE DARKEST HOURS. WE PROVIDE MULTIDISCIPLINARY CARE, WHERE EXPERTS FROM MANY FIELDS OF MEDICINE COME TOGETHER TO DEVELOP THE BEST TREATMENTS FOR INDIVIDUAL PATIENTS AND FOR THE TREATMENT OF PATIENTS WITH ALL TYPES OF CANCER. THIS HAS ALLOWED US TO BE AT THE FOREFRONT OF DEVELOPING TREATMENTS THAT ARE MORE EFFECTIVE AT TREATING CANCER, WHILE AT THE SAME TIME SPARING MANY PATIENTS FROM THE MOST SERIOUS SIDE EFFECTS OF TREATMENT. HAVING THE SCIENTISTS WHO ASK AND ANSWER THE TOUGHEST QUESTIONS, OUR BASIC AND TRANSLATIONAL RESEARCHERS HAVE MADE MANY SIGNIFICANT CONTRIBUTIONS TO THE SCIENTIFIC COMMUNITY'S UNDERSTANDING OF CANCER BIOLOGY AND CANCER GENETICS AS WELL AS TO RELATED FIELDS OF CELL BIOLOGY, MOLECULAR BIOLOGY, STRUCTURAL BIOLOGY, DEVELOPMENTAL BIOLOGY, MOLECULAR PHARMACOLOGY AND CHEMISTRY, IMMUNOLOGY, COMPUTATIONAL BIOLOGY, AND DRUG DEVELOPMENT. GENES FIRST IDENTIFIED IN OUR LABORATORIES ARE NOW THE FOCUS OF INTENSE RESEARCH IN OTHER LABORATORIES AROUND THE WORLD. DRUGS, MONOCLONAL ANTIBODIES, AND OTHER AGENTS FIRST DEVELOPED IN OUR LABORATORIES HAVE GONE ON TO GAIN REGULATORY APPROVAL FOR TREATING PATIENTS WORLDWIDE. RECENT EXPANSION OF OUR LABORATORY SPACE HAS ALLOWED US TO GROW OUR RESEARCH EFFORTS SO THAT GOING FORWARD WE CAN CONTINUE TO MAKE DISCOVERIES THAT WILL CHANGE THE WAY THE WORLD UNDERSTANDS CANCER AND AID IN THE DEVELOPMENT OF BETTER TREATMENTS FOR CANCER PATIENTS EVERYWHERE. IN 2023, MSK SPENT $774.90M IN SUPPORT OF ITS RESEARCH MISSION, OF WHICH $274.02M WAS SPONSORED BY GOVERNMENTAL AND OTHER NON-PROFIT ORGANIZATIONS, $178.44M FROM PHILANTHROPY, AND $322.45M FROM THE INSTITUTION'S FUNDS. TRAINING THE NEXT GENERATION IS AN IMPORTANT EXAMPLE OF HOW THE INSTITUTION MAKES CONTRIBUTIONS TO THE CARE AND TREATMENT OF CANCER PATIENTS FAR BEYOND ITS OWN WALLS THROUGH WORKFORCE DEVELOPMENT. OUR TRAINING, GRADUATE, AND CONTINUING EDUCATION PROGRAMS PREPARE PHYSICIANS, SCIENTISTS, NURSES, AND TECHNICIANS TO BE LEADERS IN THEIR CHOSEN FIELDS. THESE HEALTHCARE PROVIDERS CAN THEN TAKE THE EXPERTISE GAINED FROM WORKING WITH OUR SPECIALISTS TO OTHER HEALTHCARE INSTITUTIONS AROUND THE COUNTRY AND THROUGHOUT THE WORLD. MSK ALSO TRAINS GRADUATE STUDENTS AND POSTDOCTORAL RESEARCHERS WORKING IN MANY AREAS OF BASIC SCIENCE AND TRANSLATIONAL RESEARCH. WHEN THESE YOUNG SCIENTISTS COMPLETE THEIR TRAINING, THEY BRING THE SKILLS OBTAINED IN OUR LABORATORIES INTO THE ACADEMIC COMMUNITY AT LARGE AS WELL AS THE PRIVATE SECTOR. MSK SPONSORS SEVERAL PROGRAMS THAT GIVE MEDICAL STUDENTS, UNDERGRADUATES, AND HIGH SCHOOL STUDENTS THE OPPORTUNITY TO WORK AT THE INSTITUTION DOING CLINICAL AND LABORATORY RESEARCH. THROUGH THESE PROGRAMS, MSK STRIVES TO INCREASE THE PIPELINE OF SCIENTISTS AND PHYSICIANS WORKING IN ONCOLOGY. IN 2020, THE ORGANIZATION ESTABLISHED THE OFFICE OF HEALTH EQUITY (OHE) TO ADDRESS CANCER DISPARITIES THAT EXIST DUE TO RACIAL, ETHNIC, CULTURAL, OR SOCIOECONOMIC BARRIERS. THROUGH A PATIENT CENTRIC FOCUS, THE OHE IS RESPONSIBLE FOR LEADING PATIENT CARE AND RESEARCH ACTIVITIES INCLUDING THE CANCER HEALTH EQUITY RESEARCH PROGRAM (CHERP) AND CANCER EQUITY PROGRAMS. INTEGRAL TO OHE'S ROLE IS THE DEVELOPMENT OF HEALTH EQUITY RESEARCH AND EDUCATION AND TRAINING. AS SUCH THE OHE HAS IMPLEMENTED RECRUITING AND TRAINING INITIATIVES ACROSS THE INSTITUTION. THE OBJECTIVE OF THESE TRAINING PROGRAMS IS TO ENHANCE THE DIVERSITY OF FUTURE CANCER RESEARCH WORKFORCE BY PROVIDING UNDERREPRESENTED STUDENTS IN MEDICINE WITH EXPOSURE TO CUTTING-EDGE CANCER RESEARCH WITH RENOWNED MENTORS. THE RESEARCH PROGRAM IS FOCUSED ON HAVING DIVERSE POPULATIONS MORE EQUALLY REPRESENTED IN CANCER CLINICAL RESEARCH AND DEVELOPING A BETTER UNDERSTANDING OF THE DIFFERENCES IN CANCER INCIDENCE AND CANCER OUTCOMES EXPERIENCED BY GROUPS TRADITIONALLY UNDERREPRESENTED IN CLINICAL RESEARCH. THE OHE RESEARCH PROGRAM IS ALSO FOCUSED ON INCREASING ENROLLMENT OF UNDERREPRESENTED GROUPS ONTO CLINICAL TRIALS AT MSK. THE OHE PROVIDES FUNDING FOR THESE PROGRAMS, ALLOWING UNDERREPRESENTED GROUPS IN MEDICINE OPPORTUNITIES TO PARTICIPATE IN THE NATIONAL CANCER INSTITUTE'S MEDICAL STUDENTS SUMMER PIPELINE PROGRAM. THE OHE ALSO COORDINATES A SIX-WEEK SUMMER EXPOSURE PROGRAM TO EXPOSE HIGH SCHOOL STUDENTS FROM UNDERSERVED COMMUNITIES TO CAREERS IN MEDICINE AND RESEARCH. MEMORIAL SLOAN KETTERING UTILIZED $240.31M OF THE INSTITUTION'S RESOURCES DURING 2023 TO SUPPORT ITS EDUCATION AND TRAINING MISSION, WHICH WE CONSIDER VITAL, GIVEN OUR LEADERSHIP ROLE IN CANCER CARE TREATMENT AND RESEARCH. $56.03M OF THE AMOUNT WAS SPONSORED BY GOVERNMENTAL AND OTHER REVENUE SOURCES AND $184.28M FROM THE INSTITUTION'S GENERAL FUND. THE INSTITUTION HAS A BOARD FOR EACH OF THE SEVEN ENTITIES. AS OUTLINED IN SCHEDULE O, THERE IS A TOTAL OF 116 BOARD MEMBERS. MANY ARE MEMBERS OF MORE THAN ONE ENTITY'S BOARD AND THEREFORE ARE COUNTED MORE THAN ONCE. THE GOVERNING BODY IS COMPRISED OF INDEPENDENT BOARD MEMBERS FROM THROUGHOUT THE UNITED STATES. ALL PHYSICIANS ARE ON STAFF AND ARE EMPLOYEES OF MSK, WITH LIMITED EXCEPTIONS. IN ITS PURSUIT TO FURTHER IMPROVE PATIENT CARE, MEDICAL EDUCATION, AND RESEARCH, THE INSTITUTION REINVESTS ANY SURPLUS FUNDS IN THE INSTITUTION'S POOL OF RESERVES. THESE RESERVES GENERATE INCOME TO SUPPORT FUTURE OPERATIONS AND RESTRICTED FUND SPENDING. BY PROVIDING FUNDING FOR OPERATIONS AND CAPITAL PROJECTS, IMPROVEMENTS TO PATIENT CARE, MEDICAL EDUCATION, AND RESEARCH ARE MADE POSSIBLE. EXPANDING OUR PRESENCE IN 2023 THE INSTITUTION THROUGH ITS PHYSICIAN PRACTICE GROUP - MEMORIAL MEDICAL CARE PC. OPENED A FACILITY IN THE HEART OF BROOKLYN; BRINGING MSK'S WORLD-CLASS CANCER CARE DIRECTLY TO A BROADER PATIENT POPULATION, ENSURING GREATER ACCESS AND EQUITY TO PEOPLE IN BROOKLYN, QUEENS, AND THE BROADER NEW YORK METRO AREA AT A LOCATION THAT IS CLOSER TO HOME. WORKING ALONGSIDE THE NEW YORK CANCER & BLOOD SPECIALISTS TEAM, MSK PROVIDES PATIENTS ACCESS TO A WIDE RANGE OF SERVICES, INCLUDING ADVANCED IMAGING, STATE-OF-THE-ART THERAPIES, CUTTING-EDGE CLINICAL TRIALS, AND A MULTIDISCIPLINARY TEAM OF SPECIALISTS PROVIDING COLLABORATIVE PATIENT CARE AND DELIVERING THE BEST POSSIBLE OUTCOMES. PATIENTS REQUIRING COMPLEX CANCER CARE AND SURGERY HAVE DIRECT ACCESS TO MSK'S MAIN HOSPITAL IN MANHATTAN.
Schedule H, Part VI, Line 6 Affiliated health care system THE ORGANIZATION IS NOT PART OF AN AFFILIATED HEALTH CARE SYSTEM. PLEASE SEE THE SUMMARY SECTION OF THE 990, ATTACHMENT 1 THROUGH ATTACHMENT 4 FOR FULL DETAILS ON THE ORGANIZATION'S STRUCTURE.
Schedule H, Part VI, Line 7 State filing of community benefit report NY
Schedule H (Form 990) 2023
Additional Data


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Software Version: 2023v5.1

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Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number
91-2154267
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government
(b) EIN (c) IRC section
(if applicable)
(d) Amount of cash grant (e) Amount of non-cash
assistance
(f) Method of valuation
(book, FMV, appraisal,
other)
(g) Description of
noncash assistance
(h) Purpose of grant
or assistance
(1) American Cancer Society
3380 CHASTAIN MEADOW PKY
KENNESAW,GA30144
13-1788491 501C(3) 95,000       CANCER AWARENESS
(2) Leukemia and Lymphoma Society
3 INTERNATIONAL DRIVE
RYE BROOK,NY10573
12-3564491 501C(3) 30,000       CANCER AWARENESS
(3) Susan G Komen
901 EAST ST NORTHWEST
WASHINGTO DC,DC20004
75-1835298 501C(3) 25,000       CANCER AWARENESS
(4) NySci STEM Sponsorship
47-07 111 STREET
CORONA,NY113680000
11-2104059 501C(3) 20,000       CANCER AWAERNESS
(5) Queens Long Island Pride
125 Kennedy Drive
Hauppauge,NY11788
  15,000       CANCER AWARENESS
(6) ARCHCARE
1325 SIXTH AVE
New York,NY10019
13-3896624 501C(3) 10,000       CANCER AWARENESS
(7) Ronald McDonald House
405 E 73rd street
New York,NY100210000
13-2933654 501C(3) 10,000       CANCER AWAWRENESS
(8) Gilda's Club
80 MAPLE AVE
WHITE PLAINS,NY10601
13-3939823 501C(3) 9,600       CANCER AWARENESS
(9) Abyssinian BAPTIST CHURCH
132 ODELL CLARK PLACE
NEW YORK,NY10030
13-1635250 501C(3) 6,600       CANCER AWARENESS
(10) Boys and Girls Club of Suffolk County
471 ALANTIC AVENUE
BELLPORT,NY117131707
13-5562976 501C(3) 6,030       CANCER AWARENESS
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
9
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
1
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2023

Schedule I (Form 990) 2023
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients
(c) Amount of
cash grant
(d) Amount of
noncash assistance
(e) Method of valuation (book,
FMV, appraisal, other)
(f) Description of noncash assistance
(1) STIPENDS 432 20,599,000      
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. IN THE CASE OF MOST DONATIONS OF $5,000 OR MORE TO ORGANIZATIONS IN ORDER TO MAKE THE PUBLIC AWARE OF CANCER CARE, WRITTEN AGREEMENTS ARE IN PLACE AND WE HAVE REGULAR CONTACT WITHTHOSE ORGANIZATIONS TO ASSURE THAT THE DONATIONS ARE BEING USED AS AGREED UPON. THE RECORDS ARE EITHER MAINTAINED IN ADMINISTRATION. FOR THE YEAR 2023, THE AMOUNT IS FOR STIPENDS PAID TO 207 RESEARCH FELLOWS AND 225 GRADUATE SCHOOL STUDENTS. EDUCATION AND TRAINING INCLUDE CLASSROOM INSTRUCTION WITH HANDS-ON EXPERIENCE IN BOTH RESEARCH LABORATORIES AND CLINICAL CARE ACTIVITIES. THE AFOREMENTIONED GRANTEES ARE REQUIRED TO BE IN COMPLIANCE WITH ACADEMIC REQUIREMENTS. THIS INCLUDES DIRECT SUPERVISION AND DIRECTION BY PHYSICIANS AND RESEARCH INVESTIGATORS.
Schedule I (Form 990) 2023



Additional Data


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Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic Attach to Form 990.
medium right arrow graphic Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number

91-2154267
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ....................
5a
 
No
b
Any related organization? .......................
5b
 
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ..................
6a
 
No
b
Any related organization? ......................
6b
 
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
Yes
 
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................
8
Yes
 
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
Yes
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2023

Schedule J (Form 990) 2023
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC (C) Retirement and other deferred compensation (D) Nontaxable
benefits
(E) Total of columns
(B)(i)-(D)
(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation
(ii) Bonus & incentive
compensation
(iii) Other reportable compensation
1DEBRA BERNS
 
SVP & CHIEF RISK OFFICER
(i)

(ii)
757,092
-------------
0
373,500
-------------
0
5,526
-------------
0
26,400
-------------
0
20,254
-------------
0
1,182,772
-------------
0
0
-------------
0
2MICHAEL HARRINGTON
 
EVP & CHIEF FINANCIAL OFFICER
(i)

(ii)
1,487,308
-------------
0
822,841
-------------
0
24,120
-------------
0
26,400
-------------
0
38,101
-------------
0
2,398,770
-------------
0
0
-------------
0
3KATHRYN MARTIN
 
CHIEF OPERATING OFFICER (UNTIL 3/23)
(i)

(ii)
531,356
-------------
0
3,043,618
-------------
0
1,123,880
-------------
0
26,400
-------------
0
37,237
-------------
0
4,762,491
-------------
0
0
-------------
0
4MARK SVENNINGSON
 
VP, FINANCE (UNTIL 2/23)
(i)

(ii)
163,792
-------------
0
1,600,000
-------------
0
2,963
-------------
0
8,939
-------------
0
6,065
-------------
0
1,781,759
-------------
0
0
-------------
0
5SELWYN VICKERS MD
 
BOARD MEMBER, PRESIDENT AND CHIEF EXECUTIVE
(i)

(ii)
2,987,929
-------------
0
2,458,333
-------------
0
43,275
-------------
0
26,400
-------------
0
271,222
-------------
0
5,787,159
-------------
0
0
-------------
0
6MARGARET BURKE
 
SVP, PARTNERSHIP OPERATIONS (UNTIL 10/23)
(i)

(ii)
470,664
-------------
0
196,542
-------------
0
137,082
-------------
0
26,400
-------------
0
51,041
-------------
0
881,729
-------------
0
0
-------------
0
7SIMON POWELL MD
 
CHAIRMAN ATTENDING
(i)

(ii)
1,370,111
-------------
0
472,440
-------------
0
29,718
-------------
0
26,400
-------------
0
39,192
-------------
0
1,937,861
-------------
0
0
-------------
0
8ROXANNE TAYLOR
 
Former Officer
(i)

(ii)
0
-------------
0
299,279
-------------
0
778,125
-------------
0
0
-------------
0
0
-------------
0
1,077,404
-------------
0
0
-------------
0
9CRAIG THOMPSON MD
 
FORMER PRESIDENT & CEO
(i)

(ii)
702,433
-------------
0
1,138,583
-------------
0
180,697
-------------
0
26,400
-------------
0
43,670
-------------
0
2,091,783
-------------
0
0
-------------
0
10SHELLY ANDERSON
 
HOSPITAL PRESIDENT (EFF 9/23)
(i)

(ii)
482,869
-------------
0
350,000
-------------
0
20,163
-------------
0
26,400
-------------
0
0
-------------
0
879,432
-------------
0
0
-------------
0
11KERRY BESSEY
 
SR VP/CHIEF HUMAN RESOURCES OFCR (UNTIL 3/23)
(i)

(ii)
730,628
-------------
0
945,368
-------------
0
26,277
-------------
0
26,400
-------------
0
53,497
-------------
0
1,782,170
-------------
0
0
-------------
0
12AMADOR CENTENO
 
SVP OF FACILITIES MANAGEMENT & REAL ESTATE DEVELOPMENT (UNTIL 10/23)
(i)

(ii)
651,000
-------------
0
217,500
-------------
0
194,617
-------------
0
26,400
-------------
0
4,228
-------------
0
1,093,745
-------------
0
0
-------------
0
13LISA DEANGELIS MD
 
CHIEF PHYSICIAN EXECUTIVE
(i)

(ii)
1,320,794
-------------
0
792,493
-------------
0
20,893
-------------
0
26,400
-------------
0
50,028
-------------
0
2,210,608
-------------
0
0
-------------
0
14REMY EVARD
 
EVP, CHIEF DIGITAL OFFICER
(i)

(ii)
810,042
-------------
0
745,000
-------------
0
34,434
-------------
0
26,400
-------------
0
45,498
-------------
0
1,661,374
-------------
0
0
-------------
0
15TRACY GOSSELIN
 
Senior Vice President & Chief Nursing Executive
(i)

(ii)
761,067
-------------
0
188,047
-------------
0
3,024
-------------
0
26,400
-------------
0
14,204
-------------
0
992,742
-------------
0
0
-------------
0
16FREDRICK GROVES
 
EVP HOSPITAL ADMINISTRATION (UNTIL 2/23)
(i)

(ii)
141,639
-------------
0
334,376
-------------
0
636,932
-------------
0
26,400
-------------
0
38,849
-------------
0
1,178,196
-------------
0
0
-------------
0
17JASON KLEIN
 
SVP & CHIEF INVESTMENT OFFICER
(i)

(ii)
1,133,496
-------------
0
2,225,250
-------------
0
140,223
-------------
0
26,400
-------------
0
56,076
-------------
0
3,581,445
-------------
0
0
-------------
0
18CAROLYN LEVINE ESQ
 
VP, DEPUTY GENERAL COUNSEL & CORPORATE SECRETARY
(i)

(ii)
463,342
-------------
0
92,458
-------------
0
9,799
-------------
0
26,400
-------------
0
39,138
-------------
0
631,137
-------------
0
0
-------------
0
19JORGE LOPEZ ESQ
 
EVP & GENERAL COUNSEL
(i)

(ii)
986,585
-------------
0
499,614
-------------
0
22,083
-------------
0
26,400
-------------
0
55,896
-------------
0
1,590,578
-------------
0
0
-------------
0
20LAKISHA MACK
 
EVP, CHIEF ADMINISTRATIVE OFFICER (EFF 3/23)
(i)

(ii)
565,561
-------------
0
50,000
-------------
0
1,414
-------------
0
26,400
-------------
0
30,805
-------------
0
674,180
-------------
0
0
-------------
0
21KENNETH MANOTTI
 
SVP, CHIEF DEVELOPMENT OFFICER
(i)

(ii)
922,339
-------------
0
967,794
-------------
0
31,285
-------------
0
26,400
-------------
0
44,084
-------------
0
1,991,902
-------------
0
0
-------------
0
22JOAN MASSAGUE
 
CHIEF SCIENTIFIC OFFICER
(i)

(ii)
1,163,038
-------------
0
539,532
-------------
0
188,307
-------------
0
26,400
-------------
0
49,380
-------------
0
1,966,657
-------------
0
0
-------------
0
23ERIN MCDONOUGH
 
EVP, CHIEF MARKETING & COMMUNICATION OFFICER
(i)

(ii)
769,518
-------------
0
210,310
-------------
0
5,861
-------------
0
26,400
-------------
0
18,686
-------------
0
1,030,775
-------------
0
0
-------------
0
24ANAEZE OFFODILE MD
 
EVP, CHIEF STRATEGY OFFICER (EFF 5/23)
(i)

(ii)
468,838
-------------
0
75,000
-------------
0
831
-------------
0
26,400
-------------
0
9,445
-------------
0
580,514
-------------
0
0
-------------
0
25TOMYA WATT
 
EVP, INTERIM CHIEF HUMAN RESOURCES OFFICER (EFF 3/23)
(i)

(ii)
635,324
-------------
0
258,419
-------------
0
4,776
-------------
0
26,400
-------------
0
44,631
-------------
0
969,550
-------------
0
0
-------------
0
26ROBERT ALLEN MD
 
ASSOCIATE ATTENDING
(i)

(ii)
1,193,296
-------------
0
846,538
-------------
0
42,560
-------------
0
26,400
-------------
0
49,626
-------------
0
2,158,420
-------------
0
0
-------------
0
27MICHELLE CORIDDI MD
 
ASSISTANT ATTENDING
(i)

(ii)
1,341,347
-------------
0
896,461
-------------
0
22,733
-------------
0
26,400
-------------
0
33,201
-------------
0
2,320,142
-------------
0
0
-------------
0
28JEFFREY DREBIN MD
 
CHAIRMAN ATTENDING
(i)

(ii)
2,714,551
-------------
0
200,000
-------------
0
18,374
-------------
0
26,400
-------------
0
51,326
-------------
0
3,010,651
-------------
0
0
-------------
0
29BABAK MEHRARA MD
 
CHIEF ATTENDING
(i)

(ii)
2,486,512
-------------
0
50,000
-------------
0
37,526
-------------
0
26,400
-------------
0
55,568
-------------
0
2,656,006
-------------
0
0
-------------
0
30JONAS NELSON MD
 
ASSISTANT ATTENDING
(i)

(ii)
1,504,664
-------------
0
570,393
-------------
0
26,161
-------------
0
26,400
-------------
0
39,086
-------------
0
2,166,704
-------------
0
0
-------------
0
Schedule J (Form 990) 2023

Schedule J (Form 990) 2023
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
Schedule J, Part I, Line 1a First-class or charter travel BUSINESS OR FIRST-CLASS TRAVEL IS ALLOWED FOR FLIGHTS GREATER THAN SIX CONTINUOUS HOURS FOR ANY EMPLOYEE NOT FUNDED BY FEDERAL GRANTS. EXCEPTIONS TO THE SIX HOUR RULE ARE REVIEWED ON AN INDIVIDUAL BASIS. ALL TRAVEL MUST BE APPROVED BEFORE ANY ARRANGEMENTS ARE MADE. MSKCC HAS AN ACCOUNTABLE TRAVEL POLICY AND THEREFORE, DOES NOT INCLUDE TRAVEL AS TAXABLE COMPENSATION.
Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE INSTITUTION REQUIRES THE PRESIDENT TO BE ON CALL AND TO PERFORM DUTIES AS AND WHEN APPROPRIATE DURING OFF-DUTY PERIODS AS WELL AS DURING NORMAL OFFICE HOURS. AN EMPLOYMENT CONTRACT REQUIRES OUR PRESIDENT TO LIVE IN THE OFFICIAL RESIDENCE OWNED AND MAINTAINED BY THE INSTITUTION. THE CONTRACT REQUIRES OUR PRESIDENT TO USE THE RESIDENCE FOR INSTITUTIONAL PURPOSES, INCLUDING, BUT NOT LIMITED TO, MEETINGS WITH STAFF, DONORS AND POTENTIAL DONORS, VISITING PROFESSORS AND SCIENTISTS, AND OTHER PERSONS INVOLVED WITH THE AFFAIRS OF THE INSTITUTION, CONFIDENTIAL INTERVIEWS WITH MEMBERS AND PROSPECTIVE MEMBERS OF THE STAFF; AND FOR OTHER INSTITUTIONAL ACTIVITIES CONDUCTED DURING AND OUTSIDE OF NORMAL OFFICE HOURS. THE COST IS REPORTED AS COMPENSATION ON FORM 990 AND IS EXCLUDED FROM TAXABLE COMPENSATION IN ACCORDANCE WITH CODE SECTION 119.
Schedule J, Part I, Line 4a Severance or change-of-control payment INCLUDED IN FORM 990 IS SEVERANCE PAY: KATHRYN MARTIN $1,117,022 ROXANNE TAYLOR $778,125 FREDRICK GROVES $308,655 AMADOR CENTENO $153,365 MARGARET BURKE $132,180
Schedule J, Part I, Line 7 Non-fixed payments INCENTIVE PAY IS PROVIDED TO OFFICERS AND KEY EMPLOYEES BASED ON THEIR ACHIEVEMENT OF PRE-DETERMINED GOALS RELATING TO QUALITY OF CARE, PATIENT SAFETY, OPERATIONAL EFFICIENCY AND FINANCIAL PERFORMANCE. THE COMPENSATION COMMITTEE OF THE BOARD AUTHORIZES ALL EXECUTIVE BONUSES AND INCENTIVE PLANS ON AN ANNUAL BASIS.
Schedule J, Part I, Line 8 Payments on contract that is subject to the initial contract exception AN EMPLOYMENT CONTRACT WAS ENTERED INTO AND SIGNED PRIOR TO EMPLOYMENT.
Schedule J, Part II Craig Thompson, MD was the President & CEO until September 2022. Since then, he became a Research Member of Sloan Kettering Institute for Cancer Research. His compensation includes a bonus earned in 2022 but paid in 2023.
Schedule J (Form 990) 2023

Additional Data


Software ID: 23017437
Software Version: 2023v5.1

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Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax-Exempt Bonds
Complete if the organization answered "Yes" to Form 990, Part , line 24a. Provide descriptions,
explanations, and any additional information in Part .
Attach to Form 990.

Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number
91-2154267
Part
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer
(i) Pool
financing
Yes No Yes No Yes No
A DORMITORY AUTHORITY OF THE STATE OF NEW YORK
 
14-6000293 000000000 04-28-2016 110,000,000 2016 SERIES BONDS WERE USED TO CONSTRUCT/RENOVATE AND UPGRADE AND EQUIP VARIOUS FACILITIES.   X   X   X
B NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY
 
22-2045817 000000000 09-09-2016 145,000,000 2016 SERIES BONDS WERE USED TO CONSTRUCT AND EQUIP VARIOUS FACILITIES.   X   X   X
C DOMITORY AUTHORITY OF THE STATE OF NEW YORK
 
14-6000293 000000000 12-20-2017 335,567,386 2017 SERIES BONDS WERE USED TO CURRENT REFUND THE 2015 SERIES BONDS & CONSTRUCT VARIOUS FACILITIES   X   X   X
D DORMITORY AUTHORITY OF THE STATE OF NEW YORK
 
14-6000293 64990GVG4 11-01-2019 342,248,699 2019 SERIES BONDS WERE USED TO REIMBURSE EXPENDITURES INCURRED TO CONSTRUCT A PATIENT CARE FACILITY.   X   X   X
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
 
14-6000293 65000BPS1 06-28-2022 199,996,589 2022 SERIES #1 BONDS WERE USED TO RENOVATE VARIOUS LOCATIONS - HOSPITAL AND OUTPATIENT FACILITIES A   X   X   X
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
 
14-6000293 000000000 08-01-2022 100,000,000 2022 SERIES #2 BONDS WERE USED TO RENOVATE NON-PATIENT SPACE.   X   X   X
Part
Proceeds
A B C D
1 Amount of bonds retired .................. 61,120,651 90,625,000 14,320,000  
2 Amount of bonds legally defeased ..............        
3 Total proceeds of issue .................. 110,239,999 145,000,000 339,194,534 342,248,699
4 Gross proceeds in reserve funds .............        
5 Capitalized interest from proceeds .............        
6 Proceeds in refunding escrows ...............        
7 Issuance costs from proceeds ............... 155,282 72,861 2,262,236 2,248,699
8 Credit enhancement from proceeds .............        
9 Working capital expenditures from proceeds .............        
10 Capital expenditures from proceeds ............. 110,009,717 144,627,139 245,499,309 340,000,000
11 Other spent proceeds ............. 75,000 300,000 91,432,989  
12 Other unspent proceeds .............   46,424,006    
13 Year of substantial completion ............. 2017 2018 2019 2019
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue of tax-exempt
bonds (or, if issued prior to 2020, a current refunding issue)? ........
  X   X X     X
15 Were the bonds issued as part of an advance refunding issue of taxable
bonds (or, if issued prior to 2020, an advance refunding issue)? ........
  X   X   X   X
16 Has the final allocation of proceeds been made? .......... X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X   X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2023

Schedule K (Form 990) 2023
Page 2
Part
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............   X   X   X   X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............   X   X   X   X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?                
c Are there any research agreements that may result in private business use of bond-financed property? ............. X   X   X   X  
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?   X   X   X   X
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....        
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........        
6 Total of lines 4 and 5 ............. 0 % 0 % 0 % 0 %
7 Does the bond issue meet the private security or payment test? ...   X   X   X   X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............                
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? ........
X   X   X   X  
Part
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X   X   X   X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......   X   X   X X  
b Exception to rebate? ........   X   X   X   X
c No rebate due? ......... X   X   X     X
If "Yes" to line 2c, provide in Part the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? .....   X   X   X   X
Schedule K (Form 990) 2023

Schedule K (Form 990) 2023
Page 3
Part
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X   X   X
b Name of provider ..........  
 
 
 
 
 
 
 
c Term of hedge .........        
d Was the hedge superintegrated? ......                
e Was the hedge terminated? ........                
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X   X   X   X
b Name of provider ..........  
 
 
 
 
 
 
 
c Term of GIC .........        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........                
6 Were any gross proceeds invested beyond an available temporary period?   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? ... X   X   X   X  
Part
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part
Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).
Return Reference Explanation
Schedule K, Part II Line 3 04/28/2016, 12/20/2017, 06/28/2022, and 08/01/2022 BOND ISSUES: TOTAL PROCEEDS OF THE ISSUE DOES NOT EQUAL ISSUE PRICE DUE TO INVESTMENT EARNINGS EARNED DURING THE PROJECT PERIOD.
Schedule K, Part IV, Line 2c COLUMN A Issuer name: DORMITORY AUTHORITY OF THE STATE OF NEW YORK The calculation for computing no rebate due was performed on 05/19/2023
Schedule K, Part IV, Line 2c COLUMN B Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/06/2022
Schedule K, Part IV, Line 2c COLUMN C Issuer name: DOMITORY AUTHORITY OF THE STATE OF NEW YORK The calculation for computing no rebate due was performed on 03/17/2023
Schedule K (Form 990) 2023

Additional Data


Software ID: 23017437
Software Version: 2023v5.1


Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax-Exempt Bonds
Complete if the organization answered "Yes" to Form 990, Part , line 24a. Provide descriptions,
explanations, and any additional information in Part .
Attach to Form 990.

Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number
91-2154267
Part
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer
(i) Pool
financing
Yes No Yes No Yes No
A DORMITORY AUTHORITY OF THE STATE OF NEW YORK
 
14-6000293 000000000 04-28-2016 110,000,000 2016 SERIES BONDS WERE USED TO CONSTRUCT/RENOVATE AND UPGRADE AND EQUIP VARIOUS FACILITIES.   X   X   X
B NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY
 
22-2045817 000000000 09-09-2016 145,000,000 2016 SERIES BONDS WERE USED TO CONSTRUCT AND EQUIP VARIOUS FACILITIES.   X   X   X
C DOMITORY AUTHORITY OF THE STATE OF NEW YORK
 
14-6000293 000000000 12-20-2017 335,567,386 2017 SERIES BONDS WERE USED TO CURRENT REFUND THE 2015 SERIES BONDS & CONSTRUCT VARIOUS FACILITIES   X   X   X
D DORMITORY AUTHORITY OF THE STATE OF NEW YORK
 
14-6000293 64990GVG4 11-01-2019 342,248,699 2019 SERIES BONDS WERE USED TO REIMBURSE EXPENDITURES INCURRED TO CONSTRUCT A PATIENT CARE FACILITY.   X   X   X
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
 
14-6000293 65000BPS1 06-28-2022 199,996,589 2022 SERIES #1 BONDS WERE USED TO RENOVATE VARIOUS LOCATIONS - HOSPITAL AND OUTPATIENT FACILITIES A   X   X   X
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
 
14-6000293 000000000 08-01-2022 100,000,000 2022 SERIES #2 BONDS WERE USED TO RENOVATE NON-PATIENT SPACE.   X   X   X
Part
Proceeds
A B C D
1 Amount of bonds retired .................. 61,120,651 90,625,000 14,320,000  
2 Amount of bonds legally defeased ..............        
3 Total proceeds of issue .................. 110,239,999 145,000,000 339,194,534 342,248,699
4 Gross proceeds in reserve funds .............        
5 Capitalized interest from proceeds .............        
6 Proceeds in refunding escrows ...............        
7 Issuance costs from proceeds ............... 155,282 72,861 2,262,236 2,248,699
8 Credit enhancement from proceeds .............        
9 Working capital expenditures from proceeds .............        
10 Capital expenditures from proceeds ............. 110,009,717 144,627,139 245,499,309 340,000,000
11 Other spent proceeds ............. 75,000 300,000 91,432,989  
12 Other unspent proceeds .............   46,424,006    
13 Year of substantial completion ............. 2017 2018 2019 2019
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue of tax-exempt
bonds (or, if issued prior to 2020, a current refunding issue)? ........
  X   X X     X
15 Were the bonds issued as part of an advance refunding issue of taxable
bonds (or, if issued prior to 2020, an advance refunding issue)? ........
  X   X   X   X
16 Has the final allocation of proceeds been made? .......... X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X   X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2023

Schedule K (Form 990) 2023
Page 2
Part
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............   X   X   X   X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............   X   X   X   X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?                
c Are there any research agreements that may result in private business use of bond-financed property? ............. X   X   X   X  
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?   X   X   X   X
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....        
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........        
6 Total of lines 4 and 5 ............. 0 % 0 % 0 % 0 %
7 Does the bond issue meet the private security or payment test? ...   X   X   X   X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............                
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? ........
X   X   X   X  
Part
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X   X   X   X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......   X   X   X X  
b Exception to rebate? ........   X   X   X   X
c No rebate due? ......... X   X   X     X
If "Yes" to line 2c, provide in Part the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? .....   X   X   X   X
Schedule K (Form 990) 2023

Schedule K (Form 990) 2023
Page 3
Part
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X   X   X
b Name of provider ..........  
 
 
 
 
 
 
 
c Term of hedge .........        
d Was the hedge superintegrated? ......                
e Was the hedge terminated? ........                
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X   X   X   X
b Name of provider ..........  
 
 
 
 
 
 
 
c Term of GIC .........        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........                
6 Were any gross proceeds invested beyond an available temporary period?   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? ... X   X   X   X  
Part
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part
Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).
Return Reference Explanation
Schedule K, Part II Line 3 04/28/2016, 12/20/2017, 06/28/2022, and 08/01/2022 BOND ISSUES: TOTAL PROCEEDS OF THE ISSUE DOES NOT EQUAL ISSUE PRICE DUE TO INVESTMENT EARNINGS EARNED DURING THE PROJECT PERIOD.
Schedule K, Part IV, Line 2c COLUMN A Issuer name: DORMITORY AUTHORITY OF THE STATE OF NEW YORK The calculation for computing no rebate due was performed on 05/19/2023
Schedule K, Part IV, Line 2c COLUMN B Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/06/2022
Schedule K, Part IV, Line 2c COLUMN C Issuer name: DOMITORY AUTHORITY OF THE STATE OF NEW YORK The calculation for computing no rebate due was performed on 03/17/2023
Schedule K (Form 990) 2023

Additional Data


Software ID: 23017437
Software Version: 2023v5.1

Schedule L
(Form 990)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
Attach to Form 990 or Form 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number

91-2154267
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... $
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ $
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e) Original principal amount (f) Balance due (g) In default? (h) Approved by board or committee? (i) Written agreement?
To From Yes No Yes No Yes No
Total ............... $  
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990) 2023
Schedule L (Form 990) 2023
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) MEMORIAL MEDICAL CARE PC
 
SEE PART V 2,504,000 MANAGEMENT AGREEMENT   No
(2) DR T LINDSTEN
 
SEE PART V 277,149 FAMILY EMPLOYMENT   No
(3) JESSICA STUART
 
SEE PART V 124,057 FAMILY EMPLOYMENT   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L, Part IV 1 DR. LISA DEANGELIS IS THE PHYSICIAN-IN -CHIEF OF THE ORGANIZATION. IN SUCH A CAPACITY, SHE IS A 75% OWNER OF MEMORIAL MEDICAL CARE PC (MMPC). MMPC IS A SECTION 501(C)(3) TAX-EXEMPT CAPTIVE MEDICAL GROUP. MMPC OPERATES A FACILITY IN BROOKLYN WHERE PATIENTS HAVE ACCESS TO A WIDE RANGE OF SERVICES, INCLUDING ADVANCED IMAGING, STATE-OF THE-ART THERAPIES, CUTTING-EDGE CLINICAL TRIALS, AND A MULTIDISCIPLINARY TEAM OF SPECIALISTS. THE AMOUNT REPORTED IN PART IV, $2,540,000, IS THE NET COSTS FOR SUCH SERVICES IN 2023.
Schedule L, Part V 3 SCOTT STUART IS A BOARD MEMBER OF MEMORIAL HOSPITAL, HIS DAUGHTER, JESSICA STUART, IS A FELLOW AT MEMORIAL HOSPITAL. HER COMPENSATION FOR 2023 WAS $124,057
Schedule L, Part IV THE INDIVIDUALS LISTED WERE NOT A PARTY TO THE TRANSACTIONS. THERE IS NO SHARING OF THE INSTITUTE'S REVENUE. THE PURCHASE OF GOODS AND SERVICES BY THE INSTITUTION WERE MADE IN THE ORDINARY COURSE OF THE PROVIDER'S BUSINESS, AT COMMERCIALLY AVAILABLE RATES NORMALLY CHARGED TO OTHERS.
Schedule L, Part IV 2 DR. CRAIG THOMPSON WAS THE PRESIDENT OF THE INSTITUTION UNTIL SEPTEMBER 2022. HIS SPOUSE, DR. TULLIA LINDSTEN, IS A LABORATORY MEMBER FOR SLOAN-KETTERING INSTITUTE FOR CANCER RESEARCH. HER COMPENSATION, FOR 2023 WAS $277,149.
Schedule L (Form 990) 2023


Additional Data


Software ID: 23017437
Software Version: 2023v5.1




SCHEDULE M
(Form 990)


Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large image Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
Right pointing arrow large image Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number

91-2154267
Part I
Types of Property
(a)
Check if applicable
(b)
Number of contributions or items contributed
(c)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g
(d)
Method of determining
noncash contribution amounts
1 Art—Works of art ....        
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications ..      
5 Clothing and household
goods .......
     
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 191 17,891,697 NONE
10 Securities—Closely held stock .        
11 Securities—Partnership, LLC,
or trust interests ....
       
12 Securities—Miscellaneous ..        
13 Qualified conservation
contribution—Historic
structures .....
       
14 Qualified conservation
contribution—Other ...
       
15 Real estate—Residential .        
16 Real estate—Commercial ..        
17 Real estate—Other ...        
18 Collectibles .....        
19 Food inventory ...        
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( )
26 Other Right pointing arrow large image ( )
27 Other Right pointing arrow large image ( )
28 Other Right pointing arrow large image ( )
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement
29
0
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? ...................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
Yes
 
b
If "Yes," describe in Part II.
33
If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) (2023)
Schedule M (Form 990) (2023)
Page 2
Part IISupplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.
Return Reference Explanation
Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions PUBLICLY TRADED DONATED STOCK IS SOLD BY MERRILL LYNCH ON BEHALF OF MEMORIAL SLOAN-KETTERING CANCER CENTER AND ITS AFFILIATED ORGANIZATIONS.
Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - NUMBER OF CONTRIBUTIONS
Schedule M (Form 990) (2023)

Additional Data


Software ID: 23017437
Software Version: 2023v5.1
SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number

91-2154267
Return Reference Explanation
Form 990, Part III, Line 1 MISSION THE MISSION OF MEMORIAL SLOAN-KETTERING CANCER CENTER IS TO LEAD IN THE PREVENTION, DIAGNOSIS, TREATMENT AND CURE OF CANCER AND ASSOCIATED DISEASES THROUGH PROGRAMS OF EXCELLENCE IN RESEARCH, EDUCATION, OUTREACH AND COST-EFFECTIVE PATIENT CARE. LEADERSHIP IN PATIENT CARE: WE PLACE THE HIGHEST PRIORITY ON ADVANCING THE CARE OF CANCER PATIENTS THROUGH EARLY DETECTION, ACCURATE DIAGNOSIS, AND OPTIMAL TREATMENT. THESE THREE ELEMENTS LEAD TO THE MOST EFFECTIVE CANCER CARE POSSIBLE, WHICH IS ALSO THE MOST COST-EFFECTIVE CARE. WE STRIVE FOR EXCELLENCE IN ALL EXISTING AND EMERGING THERAPIES WITHOUT NEGLECTING THE NEED FOR ADVANCED APPROACHES IN PALLIATION. WE DELIVER THESE THERAPIES IN A CARING ENVIRONMENT THAT ENCOMPASSES PATIENTS AS WELL AS THEIR LOVED ONES. EXCELLENCE IN PATIENT CARE IS EXEMPLIFIED BY OUR MULTIDISCIPLINARY APPROACH, A CORE COMPETENCE OF OUR CENTER. WE ARE COMMITTED TO DEVELOPING OUTREACH PROGRAMS TO BRING EXCELLENCE IN CANCER CARE TO THE COMMUNITY. LEADERSHIP IN RESEARCH EXCELLENCE: PATIENT CARE REQUIRES THE EXPEDITIOUS APPLICATION OF NEW KNOWLEDGE DISCOVERED THROUGH RIGOROUS LABORATORY AND CLINICAL RESEARCH. THE INTERRELATIONSHIP BETWEEN SCIENTIFIC DISCOVERY AND ITS APPLICATION TO PATIENT CARE DEFINES OUR UNIQUE NATURE AT ITS BEST. LEADERSHIP IN EDUCATION: TO ENSURE PROGRESS, WE ARE DEDICATED TO PROVIDING THE FINEST EDUCATION AND TRAINING FOR THE MOST PROMISING YOUNG SCIENTISTS, CLINICIANS, AND OTHER HEALTHCARE PROFESSIONALS. PUBLIC AND PATIENT EDUCATION ARE ALSO CORNERSTONES FOR PROGRESS AND SUCCESS IN PATIENT CARE, ESPECIALLY IN PREVENTION, EARLY DETECTION, AND COMPLIANCE DURING THERAPY AND MAINTENANCE PROGRAMS. RESOURCES FOR LEADERSHIP: WE ARE STAFFED WITH THE HIGHEST-QUALITY PROFESSIONALS WHO HAVE A FULL-TIME COMMITMENT TO OUR MISSION. WE ARE DETERMINED TO PROVIDE OUR STAFF AND OUR PATIENTS WITH THE FINEST STATE-OF-THE-ART FACILITIES, TECHNOLOGY, MANAGEMENT, AND SUPPORT SERVICES. RESPONSIBILITIES OF LEADERSHIP: MEMORIAL SLOAN-KETTERING CANCER CENTER IS A LEADER IN CANCER RESEARCH AND TREATMENT, OFFERING PATIENTS THE MOST SOPHISTICATED, COMPASSIONATE, AND STATE-OF-THE-ART CARE AVAILABLE AND ADVANCING THE KNOWLEDGE THAT WILL IMPROVE THAT CARE IN THE FUTURE. THE CLOSE COLLABORATION BETWEEN OUR PHYSICIANS AND SCIENTISTS IS ONE OF OUR UNIQUE STRENGTHS, ENABLING US TO PROVIDE PATIENTS WITH THE BEST CARE POSSIBLE AS WE WORK TO DISCOVER MORE-EFFECTIVE STRATEGIES TO PREVENT, CONTROL, AND ULTIMATELY CURE CANCER.
Form 990, Part III, Line 4a PATIENT CARE PATIENT CARE: MEMORIAL SLOAN-KETTERING CANCER CENTER EXPERTS HAVE ESTABLISHED STANDARDS OF CARE AND TREATMENT PROTOCOLS FOR EACH TYPE AND STAGE OF CANCER. OUR PHYSICIANS HAVE AN EXTRAORDINARY DEPTH AND BREADTH OF EXPERIENCE IN DIAGNOSING AND TREATING ALL FORMS OF THE DISEASE, FROM THE MOST COMMON TO THE VERY RARE. EACH YEAR, THEY TREAT MORE THAN 400 DIFFERENT SUBTYPES OF CANCER. THIS LEVEL OF SPECIALIZATION CAN HAVE AN OFTEN-DRAMATIC EFFECT ON A PATIENT'S CHANCES FOR A CURE OR CONTROL OF THEIR CANCER. WHILE WE ARE KNOWN FOR OUR ADVANCED, INNOVATIVE THERAPIES, OUR PHYSICIANS ARE EQUALLY WELL REGARDED FOR THEIR COMPASSION AND CONCERN. OUR DISEASE MANAGEMENT PROGRAM FEATURES 16 MULTIDISCIPLINARY CANCER TEAMS. PATIENTS ARE TREATED BY AS MANY DIFFERENT SPECIALISTS AS ARE NEEDED FOR THEIR PARTICULAR TYPE OF DISEASE, INCLUDING SURGEONS, MEDICAL ONCOLOGISTS, RADIATION ONCOLOGISTS, RADIOLOGISTS, PATHOLOGISTS, PSYCHIATRISTS, AND NURSES. OUR PATHOLOGISTS HAVE UNSURPASSED EXPERTISE IN USING ADVANCED METHODS TO ACCURATELY DIAGNOSE CANCER. BECAUSE OF THEIR SOLE FOCUS ON CANCER, OUR SURGEONS USE SURGICAL TECHNIQUES THAT PRESERVE FORM AND FUNCTION. OUR RADIATION ONCOLOGISTS ARE DEVELOPING AND PUTTING INTO CLINICAL PRACTICE LEADING-EDGE TECHNOLOGIES AND TECHNIQUES IN RADIATION THERAPY. IN ADDITION, THE CENTER OFFERS A FULL RANGE OF PROGRAMS TO HELP PATIENTS AND FAMILIES THROUGHOUT ALL PHASES OF TREATMENT, INCLUDING SUPPORT GROUPS, GENETIC COUNSELING, HELP MANAGING CANCER PAIN AND SYMPTOMS, REHABILITATION, INTEGRATIVE MEDICINE SERVICES, AND ASSISTANCE IN NAVIGATING LIFE AFTER TREATMENT. THROUGHOUT THE COVID-19 PANDEMIC AND BEYOND MSKCC CONTINUES TO WORK TO PROTECT AND ASSIST THE PUBLIC. CURRENTLY, THE INSTITUTION IS ACTIVELY MAINTAINING A POSTURE OF PREVENTION AND SAFETY, WITH ITS EDUCATION PROGRAMS WHILE ENCOURAGING PERSONS TO WEAR THEIR MASKS AND ADHERE TO OTHER PREVENTIVE MEASURES LIKE GETTING BOOSTER SHOTS.
Form 990, Part III, Line 4b RESEARCH RESEARCH: MEMORIAL SLOAN-KETTERING CANCER CENTER MAINTAINS ONE OF THE WORLD'S MOST DYNAMIC PROGRAMS OF CANCER RESEARCH. THE EXTRAORDINARY PATIENT CARE WE PROVIDE BENEFITS FROM OUR INNOVATIVE PROGRAMS IN BASIC, TRANSLATIONAL, AND CLINICAL RESEARCH. RESEARCH AT SLOAN-KETTERING INSTITUTE IS DEDICATED TO UNDERSTANDING THE BIOLOGY OF CANCER THROUGH PROGRAMS IN CELL BIOLOGY, ENETICS, BIOCHEMISTRY, MOLECULAR BIOLOGY, STRUCTURAL BIOLOGY, COMPUTATIONAL BIOLOGY, IMMUNOLOGY, AND THERAPEUTICS. INVESTIGATORS AT SLOAN-KETTERING INSTITUTE COLLABORATE WITH MEMORIAL HOSPITAL PHYSICIAN-SCIENTISTS, A PARTNERSHIP THAT HELPS SPEED IMPORTANT RESEARCH FINDINGS FROM THE LABORATORY TO THE BEDSIDE, IN A PROCESS KNOWN AS TRANSLATIONAL RESEARCH. MEMORIAL SLOAN-KETTERING CANCER CENTER ALSO ACTIVELY INITIATES AND PARTICIPATES IN CLINICAL TRIALS TO IDENTIFY MORE EFFECTIVE CANCER THERAPIES, AND OUR PHYSICIANS ARE CURRENTLY LEADING MORE THAN 1,900 CLINICAL TRIALS FOR PEDIATRIC AND ADULT CANCERS. THE HUMAN ONCOLOGY AND PATHOGENESIS PROGRAM (HOPP) IS A FURTHER EFFORT TO INCREASE INSTITUTIONAL RESEARCH STRENGTH IN AREAS IMPORTANT IN CONTEMPORARY TRANSLATIONAL RESEARCH. HOPP IS DESIGNED TO MELD EVEN MORE THOROUGHLY THE CULTURES OF BASIC BIOLOGIC SCIENCE AND CLINICAL ONCOLOGY, AUGMENTING THE WORK CONDUCTED IN THE LABORATORIES OF MEMORIAL SLOAN-KETTERING CANCER CENTER'S PHYSICIAN-SCIENTISTS.
Form 990, Part III, Line 4c EDUCATION EDUCATION: EDUCATION IS A VITAL PART OF MEMORIAL SLOAN-KETTERING CANCER CENTER'S MISSION. OUR TRAINING PROGRAMS PREPARE PHYSICIANS AND SCIENTISTS FOR CAREERS IN THE BIOMEDICAL SCIENCES. OUR COLLABORATIONS WITH THE ROCKEFELLER UNIVERSITY, CORNELL UNIVERSITY, AND WEILL MEDICAL COLLEGE OF CORNELL UNIVERSITY OFFER PHD PROGRAMS IN CHEMICAL BIOLOGY, COMPUTATIONAL BIOLOGY AND MEDICINE, AND THE MEDICAL SCIENCES. THE CENTER ALSO PARTNERS WITH WEILL MEDICAL COLLEGE AND THE ROCKEFELLER UNIVERSITY TO OFFER A MD/PHD DEGREE FOR ASPIRING PHYSICIAN-SCIENTISTS. THE CENTER HAS A PHD PROGRAM IN CANCER BIOLOGY THROUGH ITS LOUIS V. GERSTNER, JR. GRADUATE SCHOOL OF BIOMEDICAL SCIENCES. THIS NOVEL PROGRAM HAS BEEN ENROLLING STUDENTS SINCE 2006 AND TRAINS BASIC LABORATORY SCIENTISTS TO WORK IN RESEARCH AREAS DIRECTLY RELEVANT TO CANCER AND OTHER HUMAN DISEASES. WE ALSO OFFER POSTGRADUATE CLINICAL FELLOWSHIPS TO TRAIN PHYSICIANS WHO SEEK SPECIAL EXPERTISE IN A PARTICULAR TYPE OF CANCER AND POSTGRADUATE RESEARCH FELLOWSHIPS THAT PROVIDE PHYSICIANS AND SCIENTISTS WITH ADVANCED LABORATORY RESEARCH TRAINING. WITH FACULTY APPOINTMENTS AT THE WEILL MEDICAL COLLEGE OF CORNELL UNIVERSITY, OUR CLINICAL STAFF ALSO TRAIN RESIDENTS AND MEDICAL STUDENTS.
Form 990, Part VI, Line 15 A & B MEMORIAL SLOAN-KETTERING CANCER CENTER (MSKCC) IS COMMITTED TO ENSURING THAT ITS EXECUTIVE COMPENSATION PROGRAM ADHERES TO THE ESTABLISHED STANDARDS OF REGULATORY COMPLIANCE AND BEST CORPORATE GOVERNANCE. THE MSKCC BOARD OF TRUSTEES AND GOVERNING TRUSTEES HAS CHARGED THE JOINT HUMAN RESOURCES COMMITTEE (WHICH IS COMPOSED ENTIRELY OF INDEPENDENT BOARD MEMBERS WITH NO CONFLICTS OF INTEREST IN REGARD TO EXECUTIVE COMPENSATION) WITH MAKING ALL DECISIONS RELATED TO COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. THE COMMITTEE REVIEWS THE TOTAL COMPENSATION OF THE INDIVIDUALS, INCLUDING BOTH CURRENT AND DEFERRED COMPENSATION, AND ALL EMPLOYEE BENEFITS, ON AN ANNUAL BASIS TO ENSURE THAT THE TOTAL COMPENSATION OF EACH OFFICER AND KEY EMPLOYEE IS REASONABLE. TO ASSIST IN THE COMPLETION OF ITS RESPONSIBILITIES, THE COMMITTEE ENGAGES THE SERVICES OF A NATIONALLY RECOGNIZED CONSULTING FIRM SPECIALIZING IN EXECUTIVE COMPENSATION FOR NOT-FOR-PROFIT HEALTHCARE ORGANIZATIONS. EACH YEAR THE COMMITTEE REVIEWS A COMPREHENSIVE REPORT PREPARED BY THE FIRM THAT INCLUDES MARKET DATA FOR FUNCTIONALLY COMPARABLE ROLES IN COMPARABLE ORGANIZATIONS (I.E., NOT-FOR-PROFIT ACADEMIC/RESEARCH MEDICAL CENTERS, ESPECIALLY THOSE SHARING A MISSION SIMILAR TO MSKCC, WITH OTHER HEALTHCARE SECTORS CONSIDERED ON A SELECTED BASIS) AND SUMMARIZES THE RELATIVE MARKET POSITION OF EACH EXECUTIVE'S TOTAL COMPENSATION. THE LAST REVIEW WAS MARCH 2023, WHICH SET THE COMPENSATION FOR THE PERIOD APRIL 2023 TO MARCH 2024. ADDITIONALLY, A SENIOR MEMBER OF THE CONSULTING FIRM ATTENDS COMMITTEE MEETINGS TO PROVIDE INFORMATION AND TO RESPOND TO QUESTIONS BY THE MEMBERS OF THE COMMITTEE. COMPENSATION LEVELS ARE ESTABLISHED CONSIDERING THE MARKET DATA, AN ASSESSMENT OF PERFORMANCE, AND OTHER BUSINESS JUDGMENT FACTORS, CONSISTENT WITH MSKCC'S EXECUTIVE COMPENSATION PHILOSOPHY. THE COMMITTEE'S DECISIONS ARE MADE IN THE BEST INTERESTS OF MSKCC AND ARE INTENDED TO ENSURE THE RECRUITMENT AND RETENTION OF KEY EXECUTIVE TALENT, CONSISTENT WITH THE MARKET PRACTICES OF OTHER NOT-FOR-PROFIT HEALTHCARE ORGANIZATIONS OF COMPARABLE SCOPE, MISSION AND COMPLEXITY. THE COMMITTEE'S REVIEW PROCESS FOLLOWS THE NTERMEDIATE SANCTIONS GUIDELINES FOR QUALIFYING FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER SECTION 4958 OF THE INTERNAL REVENUE CODE OF 1986: - THE COMPENSATION ARRANGEMENT IS APPROVED IN ADVANCE BY AN "AUTHORIZED BODY" OF THE APPLICABLE TAX EXEMPT ORGANIZATION (I.E, THE COMMITTEE, WHICH IS COMPOSED ENTIRELY OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST WITHIN THE MEANING OF THE REGULATIONS UNDER SECTION 4958. - THE AUTHORIZED BODY OBTAINS AND RELIES UPON "APPROPRIATE DATA AS TO COMPARABILITY" PRIOR TO MAKING ITS DETERMINATION, FOR WHICH COMPARABILITY DATA ARE PROVIDED AND ANALYZED BY SULLIVAN, COTTER AND ASSOCIATES, INC., A WELL-REGARDED EXPERT IN THE AREA OF HEALTHCARE COMPENSATION. THE COMMITTEE ADEQUATELY DOCUMENTS THE BASIS FOR ITS DETERMINATION CONCURRENTLY WITH MAKING THAT DETERMINATION, AGAIN AS REQUIRED IN THE REGULATIONS.
Form 990, Part VI, Line 2 Family/business relationships amongst interested persons DIRECTORS ELLEN V. FUTTER AND PETER J. SOLOMON - Business relationship, DIRECTORS ELLEN V. FUTTER AND RICHARD I. BEATTIE - Business relationship
Form 990, Part VI, Line 6 Classes of members or stockholders THE ARTICLES OF INCORPORATION AND BY-LAWS WERE REVIEWED TO DETERMINE THAT THE SUPPORTED ORGANIZATIONS OUTLINED IN SCHEDULE-A HAVE THE POWER TO ELECT OR APPOINT MEMBERS TO THE BOARD OF THE SUPPORTING ORGANIZATIONS. MEMORIAL SLOAN-KETTERING CANCER CENTER, EIN 13-1924236, (MSK), IS THE SINGLE MEMBER OF THE PROSTATE CANCER CLINICAL TRIALS CONSORTIUM LLC, PCCTC, WHICH HAS ELECTED TO BE TREATED AS A DISREGARDED ENTITY OF MSK FOR TAX PURPOSES AND MSKCC PROTON, INC. WHICH IS ALSO TREATED AS A CORPORATION FOR TAX PURPOSES. MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES EIN 13-1624082, (MEM), IS THE SINGLE MEMBER OF MSKCC PROPERTIES LLC, WHO HAS ELECTED TO BE TREATED AS A CORPORATION FOR TAX PURPOSES.
Form 990, Part VI, Line 11b Review of form 990 by governing body PRIOR TO FILING THE RETURN, A REVIEW OF THE 990 WAS CONDUCTED BY THE SR. VP OF FINANCE AND THE CHIEF FINANCIAL OFFICER. IT IS THEN PRESENTED TO, AND REVIEWED BY, THE JOINT AUDIT COMMITTEE OF THE BOARD. THE JOINT AUDIT COMMITTEE REFERS THE FORM 990 TO THE FULL BOARD, AND A COPY IS PROVIDED TO EACH BOARD MEMBER FOR FURTHER REVIEW. MEMORIAL SLOAN-KETTERING'S FORM 990 IS REVIEWED BY COUNSEL AND IS PREPARED IN CONJUNCTION WITH ERNST AND YOUNG, LLP.
Form 990, Part VI, Line 12c Conflict of interest policy IN 2023, MSK'S CONFLICT OF INTEREST (COI) PROGRAM WAS IMPLEMENTED THROUGH THREE COMPREHENSIVE POLICIES FOR MEMORIAL SLOAN KETTERING CANCER CENTER, MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES AND SLOAN-KETTERING INSTITUTE FOR CANCER RESEARCH, WHICH ARE OUTLINED BELOW: 1. CONFLICT OF INTEREST AND COMMITMENT POLICY (THE "INDIVIDUAL COIPOLICY"). A. THE INDIVIDUAL COI POLICY APPLIED TO: (I) PHYSICIANS AND SCIENTISTS WITH ACADEMIC APPOINTMENTS AT ANY LEVEL; (II) ANY CLINICAL PROVIDER WHO COULD INDEPENDENTLY WRITE ORDERS OR PRESCRIPTIONS; (III) INDIVIDUALS WHOSE ROLES INCLUDED THE DESIGN, CONDUCT OR REPORTING OF RESEARCH AND/OR WERE ENGAGED IN HUMAN SUBJECT RESEARCH; (IV) ADMINISTRATIVE EMPLOYEES WITH INDEPENDENT AUTHORITY TO MAKE PURCHASING DECISIONS OR WHO WERE OTHERWISE ABLE TO BIND, NEGOTIATE ON BEHALF, OR EXECUTE AGREEMENTS ON BEHALF OF, MSK; AND (V) INDIVIDUALS THAT SERVED ON MSK INSTITUTIONAL COMMITTEES WITH RESPONSIBILITY FOR OVERSIGHT OF RESEARCH, FORMULARY, OR PURCHASING DECISIONS. B. MSK'S COMPLIANCE COI OFFICE ("COMPLIANCE") AND THE INSTITUTIONAL CONFLICT OF INTEREST COMMITTEE (THE "MSK COI COMMITTEE") WERE RESPONSIBLE FOR THE ADMINISTRATION OF THIS POLICY, UNDER THE OVERSIGHT OF THE COMMITTEE OF THE BOARD (THE "BOARD COI COMMITTEE") DEDICATED EXCLUSIVELY TO DISCHARGING THE BOARD'S RESPONSIBILITY AND AUTHORITY OVER MSK'S CONFLICTS OF INTEREST PROGRAM. C. UPON BECOMING COVERED BY THE INDIVIDUAL COI POLICY, ANNUALLY THEREAFTER AND/OR AS NEW SIGNIFICANT INTERESTS AROSE, AN INDIVIDUAL WAS REQUIRED TO DISCLOSE FINANCIAL INTERESTS AND EXTERNAL RELATIONSHIPS AND ACTIVITIES ("INTERESTS"), WHETHER PAID OR UNPAID, THAT REASONABLY APPEARED TO BE RELATED TO THE INDIVIDUAL'S INSTITUTIONAL RESPONSIBILITIES. COVERED PERSONS WERE REQUIRED TO DISCLOSE INTERESTS FOR THEMSELVES AND IMMEDIATE FAMILY MEMBERS. D. DEPENDING ON THE CIRCUMSTANCES AND BASED ON ESTABLISHED CRITERIA, DISCLOSED INTERESTS WERE REVIEWED BY COMPLIANCE, THE MSK COI COMMITTEE, MSK COI COMMITTEE DESIGNEE(S), AND/OR THE BOARD COI COMMITTEE TO DETERMINE WHETHER AN INDIVIDUAL CONFLICT OF INTEREST EXISTED OR PRESENTED THE PERCEPTION THEREOF (I.E. WHETHER AN INDIVIDUAL FINANCIAL INTEREST COULD DIRECTLY AND SIGNIFICANTLY IMPACT AN INDIVIDUAL'S INSTITUTIONAL RESPONSIBILITIES, OR AN INDIVIDUAL'S INTEREST COULD BE DIRECTLY AND SIGNIFICANTLY IMPACTED BY THEIR INSTITUTIONAL RESPONSIBILITIES). E. THE POLICY REQUIRED ANY INDIVIDUAL CONFLICT OF INTEREST TO BE MANAGED, REDUCED OR ELIMINATED. WHEN A CONFLICT OF INTEREST DETERMINATION WAS MADE, THE MSK COI COMMITTEE, THE MSK COI COMMITTEE DESIGNEE(S), OR THE BOARD COI COMMITTEE, AS APPLICABLE, DETERMINED HOW TO ADDRESS IT. FOR THOSE CONFLICTS DEEMED MANAGEABLE, MANAGEMENT STRATEGIES IMPLEMENTED INCLUDED DISCLOSURE OF THE INTEREST IN RELEVANT PUBLICATIONS, PRESENTATIONS, CONSENT FORMS, AND EDUCATIONAL MATERIALS; RECUSAL AND/OR OTHER LIMITATION ON ROLE; INDEPENDENT OVERSIGHT BY A DISINTERESTED SENIOR PERSONNEL MEMBER OR COMMITTEE; AND TEMPORARY OR PERMANENT REDUCTION, DIVESTITURE, RELINQUISHMENT, OR TERMINATION OF AN INDIVIDUAL'S INTEREST. 2. INSTITUTIONAL CONFLICT OF INTEREST POLICY (THE "INSTITUTIONAL COI POLICY"). A. THE INSTITUTIONAL COI POLICY APPLIED TO FINANCIAL INTERESTS AND RELATIONSHIPS ("INTERESTS") HELD BY MSK AS AN INSTITUTION, AS WELL AS THOSE FINANCIAL INTERESTS AND RELATIONSHIPS ("INTERESTS") HELD BY SENIOR EXECUTIVE OFFICERS DEEMED "INSTITUTIONAL OFFICIALS, THEIR IMMEDIATE FAMILY MEMBERS. B. INSTITUTIONAL INTERESTS HELD BY MSK WERE MADE AVAILABLE TO COMPLIANCE THROUGH REGULAR REPORTS FROM AND ONGOING ENGAGEMENT WITH RELEVANT MSK DEPARTMENTS. INSTITUTIONAL INTERESTS HELD BY INSTITUTIONAL OFFICIALS WERE DISCLOSED THROUGH THE PROCESS DESCRIBED ABOVE IN THE INDIVIDUAL COI POLICY, AS WELL AS THE PROCESS DESCRIBED BELOW IN THE BOARD COI POLICY. C. THE MSK COI COMMITTEE OR MSK COI COMMITTEE DESIGNEE(S) WERE RESPONSIBLE FOR DETERMINING WHETHER AN INSTITUTIONAL CONFLICT OF INTEREST EXISTED; I.E. WHETHER THE INSTITUTIONAL INTEREST HELD BY MSK OR AN INSTITUTIONAL OFFICIAL (OR THEIR IMMEDIATE FAMILY MEMBERS) COULD, OR COULD REASONABLY BE PERCEIVED TO, DIRECTLY AND SIGNIFICANTLY AFFECT THE DESIGN, CONDUCT, REPORTING, REVIEW, OR OVERSIGHT OF MSK RESEARCH OR THE OUTCOME OF AN MSK ACTIVITY OR DECISION. D. THE POLICY REQUIRED ANY INSTITUTIONAL CONFLICT OF INTEREST TO BE MANAGED, REDUCED OR ELIMINATED. WHEN AN INSTITUTIONAL CONFLICT OF INTEREST DETERMINATION WAS MADE, THE MSK COI COMMITTEE AND/OR THE MSK COI COMMITTEE DESIGNEE(S) DETERMINED HOW TO ADDRESS IT. FOR THOSE CONFLICTS DEEMED MANAGEABLE, MANAGEMENT STRATEGIES IMPLEMENTED INCLUDED RECUSAL OF THE APPLICABLE INSTITUTIONAL OFFICIAL FROM DECISION-MAKING REGARDING THE ARRANGEMENT AND DISCLOSURE TO RELEVANT PERSONNEL; DISCLOSURE OF THE INTEREST IN RELEVANT PUBLICATIONS, PRESENTATIONS, CONSENT FORMS, AND EDUCATIONAL MATERIALS; INDEPENDENT OVERSIGHT BY A DISINTERESTED SENIOR PERSONNEL MEMBER OR COMMITTEE; AND TEMPORARY OR PERMANENT REDUCTION, DIVESTITURE, RELINQUISHMENT, OR TERMINATION OF MSK'S OR AN INSTITUTIONAL OFFICIAL'S INSTITUTIONAL INTEREST. 3. BOARDS OF GOVERNING TRUSTEES CONFLICT OF INTEREST POLICY (THE "BOARD COI POLICY"). A. THE BOARD COI POLICY APPLIED TO BOARD MEMBERS, OFFICERS, AND OTHER MSK SENIOR LEADERSHIP. INDIVIDUALS COVERED BY THE BOARD COI POLICY WERE REQUIRED TO DISCLOSE FINANCIAL INTERESTS AND RELATIONSHIPS, AS DEFINED BY THE POLICY, ANNUALLY AND ON AN ONGOING BASIS. OTHER ENTITIES IN THE SAME TAX-EXEMPT GROUP HAD OVERLAPPING OFFICERS AND BOARD MEMBERS AS DESCRIBED IN SCHEDULE O; SUCH PERSONS REPORTED FINANCIAL INTERESTS THROUGH THIS OR RELATED PROCESSES. B. THE BOARD COI COMMITTEE WAS RESPONSIBLE FOR DETERMINING WHETHER ANY INTEREST DISCLOSED UNDER THE BOARD COI POLICY GAVE RISE TO A CONFLICT OF INTEREST. THE POLICY REQUIRED THAT THE MEMBERS OF THE BOARD COI COMMITTEE VOTE, WITHOUT THE INDIVIDUAL WITH THE POTENTIAL CONFLICT PRESENT, TO DETERMINE WHETHER A CONFLICT OF INTEREST EXISTED. ALL MEMBERS PARTICIPATING IN THE VOTE WERE REQUIRED TO BE DISINTERESTED WITHRESPECT TO THE TRANSACTION, ARRANGEMENT, OR RELATIONSHIP. C. THE COVERED INDIVIDUAL WITH THE CONFLICT OF INTEREST COULD MAKE A PRESENTATION TO THE BOARD COI COMMITTEE, BUT COULD NOT PARTICIPATE IN OR INFLUENCE THE DISCUSSION OF, OR VOTE ON, THE PROPOSED TRANSACTION, ARRANGEMENT, OR RELATIONSHIP. THE EXISTENCE AND RESOLUTION OF ANY CONFLICT OF INTEREST, ALONG WITH ASSOCIATED DETERMINATIONS MADE AND VOTES TAKEN, WERE REQUIRED TO BE DOCUMENTED IN WRITING. D. FOR ANY TRANSACTION, ARRANGEMENT, OR RELATIONSHIP THAT INVOLVED A CONFLICT OF INTEREST, A CONFLICT MANAGEMENT PLAN COULD BE IMPLEMENTED IF DOING SO WAS IN THE BEST INTERESTS OF MSK. MANAGEMENT PLANS COULD REQUIRE DISCLOSURE, RECUSAL OR OTHER LIMITATION OF ROLE, INDEPENDENT OVERSIGHT AND CONFIDENTIALITY.
Form 990, Part VI, Line 19 Required documents available to the public THE INSTITUTION HAS ENGAGED DAC BOND AS OUR INVESTOR RELATIONS AND DISCLOSURE/DISSEMINATION AGENT. COPIES OF OUR IRS FORM 990, 990T AND OUR AUDITED FINANCIAL STATEMENTS, QUARTERLY UNAUDITED FINANCIAL STATEMENTS, AND THE BOND OFFERING STATEMENTS FOR ALL OUR DEBT ISSUES ARE AVAILABLE ON THEIR WEB ADDRESS: WWW.DACBOND.COM. THE CONFLICT OF INTEREST AND COMMITMENT POLICY IS ACCESSIBLE ON OUR INSTITUTIONAL WEB SITE: WWW.MSKCC.ORG. HOWEVER, OUR GOVERNING DOCUMENTS SUCH AS THE ARTICLES OF INCORPORATION AND CORPORATE BY-LAWS ARE NOT AVAILABLE FOR PUBLIC INFORMATION.
Form 990, Part VII, Section A Board Member Listing THIS IRS FORM 990 IS FILED UNDER GROUP EXEMPTION NUMBER 3475, EIN 91-2154267. THE ATTACHED LIST REPRESENTS MEMBERS FROM THE GOVERNING BOARDS OF THE FOLLOWING AFFILIATED INSTITUTIONS THAT MAKE UP OUR EXEMPT GROUP: MEMORIAL SLOAN-KETTERING CANCER CENTER (MSK) EIN 13-1924236, MEMORIAL HOSPITAL FOR CANCER AND ALLIED DISEASES (MEM) EIN 13-1624082, SLOAN-KETTERING INSTITUTE FOR CANCER RESEARCH (SKI) EIN 13-1624182, S.K.I. REALTY, INC. (SKR) EIN 13-3389586, LOUIS V. GERSTNER JR. GRADUATE, SCHOOL OF BIOMEDICAL SCIENCES (SKG) EIN 20-2212588, MSK INSURANCE US, INC. (MSKI) EIN 83-0363317, AND MSKCC PROTON INC.,(MSKP) EIN 35-2397819. ALSO INCLUDED IN THE GROUP IS MSK PROPERTIES LLC. EIN 35-2464610 WITH MEMORIAL HOSPITAL BEING THE SOLE MEMBER. MEMORIAL SLOAN KETTERING BOARD OF GOVERNING TRUSTEES: RICHARD I. BEATTIE IAN COOK, VICE CHAIR OF THE BOARD STANLEY F. DRUCKENMILLER ANTHONY B. EVNIN ROGER W. FERGUSON HENRY A. FERNANDEZ WILLIAM E. FORD RICHARD N. FOSTER, RETIRED 10/23 STEPHEN FRIEDMAN ELLEN V. FUTTER LOUIS V. GERSTNER, JR. JONATHAN N. GRAYER BENJAMIN W. HEINEMAN, JR. WILLIAM HELMAN MARGARET KEANE MARIE-JOSEE KRAVIS, VICE CHAIR OF THE BOARD JAMIE C. NICHOLLS JAMES G. NIVEN BRUCE C. RATNER CLIFTON S. ROBBINS ALEXANDER T. ROBERTSON JAMES D. ROBINSON III VIRGINIA M. ROMETTY ALAN D. SCHNITZER STEPHEN C. SHERRILL PETER J. SOLOMON JOHN R. STRANGFELD SCOTT M. STUART, CHAIR OF THE BOARD SELWYN M VICKERS, M.D., BOARD MEMBER, PRESIDENT AND CHIEF EXECUTIVE OFFICER. EMPLOYEE, NOT AN INDEPENDENT BOARD MEMBER DOUGLAS A. WARNER III, HONORARY CHAIR OF THE BOARD PETER A. WEINBERG 30 TOTAL BOARD MEMBERS; 29 INDEPENDENT BOARD MEMBERS MEMORIAL HOSPITAL BOARD OF GOVERNING TRUSTEES: RICHARD I. BEATTIE, HONORARY CHAIRMAN OF THE BOARD IAN COOK, CHAIR OF THE BOARD STANLEY F. DRUCKENMILLER ANTHONY B. EVNIN ROGER W. FERGUSON HENRY A. FERNANDEZ WILLIAM E. FORD RICHARD N. FOSTER, RETIRED 10/23 STEPHEN FRIEDMAN ELLEN V. FUTTER LOUIS V. GERSTNER, JR. JONATHAN N. GRAYER BENJAMIN W. HEINEMAN, JR. WILLIAM HELMAN MARGARET KEANE MARIE-JOSEE KRAVIS JAMIE C. NICHOLLS JAMES G. NIVEN BRUCE C. RATNER CLIFTON S. ROBBINS ALEXANDER T. ROBERTSON JAMES D. ROBINSON III VIRGINIA M. ROMETTY ALAN D. SCHNITZER STEPHEN C. SHERRILL PETER J. SOLOMON JOHN R. STRANGFELD SCOTT M. STUART SELWYN M VICKERS, MD, BOARD MEMBER, PRESIDENT AND CHIEF EXECUTIVE OFFICER, EMPLOYEE, NOT AN INDEPENDENT BOARD MEMBER DOUGLAS A. WARNER III PETER A. WEINBERG 30 TOTAL BOARD MEMBERS; 29 INDEPENDENT BOARD MEMBERS SLOAN KETTERING INSTITUTE BOARD OF GOVERNING TRUSTEES: RICHARD I. BEATTIE IAN COOK STANLEY F. DRUCKENMILLER ANTHONY B. EVNIN ROGER W. FERGUSON HENRY A. FERNANDEZ WILLIAM E. FORD RICHARD N. FOSTER, RETIRED 10/23 STEPHEN FRIEDMAN ELLEN V. FUTTER LOUIS V. GERSTNER, JR., HONORARY CHAIR OF THE BOARD JONATHAN N. GRAYER BENJAMIN W. HEINEMAN, JR. WILLIAM HELMAN MARGARET KEANE MARIE-JOSEE KRAVIS, CHAIR OF THE BOARD JAMIE C. NICHOLLS JAMES G. NIVEN BRUCE C. RATNER CLIFTON S. ROBBINS ALEXANDER T. ROBERTSON JAMES D. ROBINSON III VIRGINIA M. ROMETTY ALAN D SCHNITZER STEPHEN C. SHERRILL PETER J. SOLOMON JOHN R. STRANGFELD SCOTT M. STUART SELWYN M VICKERS, MD. BOARD MEMBER, PRESIDENT AND CHIEF EXECUTIVE OFFICER, EMPLOYEE, NOT AN INDEPENDENT BOARD MEMBER DOUGLAS A. WARNER III PETER A. WEINBERG 30 TOTAL BOARD MEMBERS; 29 INDEPENDENT BOARD MEMBERS S.K.I. REALTY BOARD OF DIRECTORS: RICHARD I. BEATTIE LOUIS V. GERSTNER, JR. JAMES G. NIVEN, PRESIDENT CLIFTON S. ROBBINS SCOTT M. STUART, CHAIRMAN OF THE BOARD DOUGLAS A. WARNER III 6 TOTAL BOARD MEMBERS; 6 INDEPENDENT BOARD MEMBERS GERSTNER GRADUATE SCHOOL BOARD OF TRUSTEES: GEOFFREY CANADA RICHARD I. BEATTIE ELLEN V. FUTTER LOUIS V. GERSTNER, JR., CHAIR EMERITUS MARIE-JOSEE KRAVIS ALAN D SCHNITZER, CHAIR OF THE BOARD SCOTT M. STUART SELWYN M VICKERS MD, BOARD MEMBER, PRESIDENT AND CHIEF EXECUTIVE OFFICER, EMPLOYEE, NOT AN INDEPENDENT BOARD MEMBER 8 TOTAL BOARD MEMBERS; 7 INDEPENDENT BOARD MEMBERS MSK INSURANCE U.S. BOARD OF DIRECTORS: DEBRA BERNS, EMPLOYEE, NOT AN INDEPENDENT BOARD MEMBER STEPHEN C. SHERRILL, CHAIRMAN OF THE BOARD JEFFREY P. JOHNSON, BOARD MEMBER AND VICE PRESIDENT MICHAEL P HARRINGTON, EMPLOYEE, NOT AN INDEPENDENT BOARD MEMBER KATHRYN MARTIN (UNTIL 3/23) MARK SVENNINGSON (UNTIL 2/23) MARGARET BURKE (UNTIL 10/23) 4 TOTAL BOARD MEMBERS; 2 INDEPENDENT BOARD MEMBERS MSKCC PROTON INC., BOARD OF DIRECTORS: SIMON POWELL MD., EMPLOYEE, NOT AN INDEPENDENT DIRECTOR MICHAEL HARRINGTON, EMPLOYEE, NOT AN INDEPENDENT DIRECTOR SHELLY ANDERSON, EMPLOYEE NOT A INDEPENDENT DIRECTOR 3 TOTAL DIRECTORS; 0 INDEPENDENT DIRECTORS
Form 990, Part VII, Section B, Line 1 INDEPENDENT CONTRACTORS AMOUNTS PAID TO INDEPENDENT CONTRACTORS INCLUDE AMOUNTS PAID TO SUBCONTRACTORS AS WELL AS REIMBURSABLE EXPENSES.
Form 990, Part VIII, Line 11d Other Miscellaneous Revenue MISC. - Total Revenue: 22468541, Related or Exempt Function Revenue: , Unrelated Business Revenue: 19282934, Revenue Excluded from Tax Under Sections 512, 513, or 514: 3185607;
Form 990, Part XI, Line 9 Other changes in net assets or fund balances Postretirement - -36718000; Other - 1435398;
Schedule C, Part II-B THE ORGANIZATION ENGAGES IN FEDERAL, STATE, AND LOCAL LOBBYING. THE CENTER'S FEDERAL LOBBYING EFFORT FOCUSES ON PATIENT CARE AND REIMBURSEMENT ISSUES. PATIENT CARE ADVOCACY INCLUDES ENSURING PATIENTS ARE ABLE TO ACCESS CLINICAL TRIALS AND CANCER HOSPITALS ARE ABLE TO EFFECTIVELY RESEARCH POTENTIAL TREATMENTS FOR CANCER AS WELL AS PREVENTATIVE AND PALLIATIVE MEASURES. THE CENTER ALSO SEEKS EQUITABLE REIMBURSEMENT FOR SERVICES RENDERED TO PATIENTS ENROLLED IN ENTITLEMENT PROGRAMS. FROM TIME TO TIME, THE CENTER WEIGHS IN ON OTHER FEDERAL LEGISLATION THAT IMPACTS CANCER CARE AND HOSPITALS IN GENERAL. THE CENTER'S STATE LOBBYING EFFORTS FOCUS ON ISSUES RELATING TO PATIENT CARE, PUBLIC HEALTH, AND HOSPITAL OPERATIONS. PATIENT CARE AND PUBLIC HEALTH ISSUES MAY INCLUDE ACCESS TO CARE AND CANCER PREVENTION AND SCREENING, INCLUDING AS PART OF STATE BUDGET LEGISLATION. OUR ADVOCACY ON HOSPITAL OPERATIONS CENTERS ON ISSUES RELATING TO PROFESSIONAL LICENSURE AND CONTINUING EDUCATION, SCOPE OF PRACTICE, HOSPITAL STAFFING, AND HEALTH AND SAFETY REQUIREMENTS. ON OCCASION, THE CENTER ENGAGES IN LOCAL LOBBYING ON ISSUES RANGING FROM BUILDING ORDINANCES TO RADIATION CONTROL. THE CENTER ALSO INCURS COSTS FOR FEDERAL, STATE, AND LOCAL LOBBYING BY ASSOCIATIONS AND OTHER ORGANIZATIONS OF WHICH IT IS A MEMBER.
Schedule F, Part V FOREIGN GRANTS AND INVESTMENTS MSKCC DOES NOT MAKE GRANTS OR USE GRANT MONEY OUTSIDE OF THE UNITED STATES. ALL OF THE VALUES LISTED ARE AT COST, WITH THE EXCEPTION OF THE INVESTMENTS, WHICH ARE VALUED AT FAIR MARKET VALUE.
Dissolution The Ralph Lauren Center for Cancer Care and Prevention Ralph Lauren Center for Cancer Care and Prevention (RLC), EIN: 32-0577172, a charitable corporation organized in New York, had an effective date of dissolution on October 12, 2022 as confirmed by the New York State Department of State. RLC provided dissolution documents to the state of New York during the tax-year ending December 31, 2022. Confirmation of "inactive" status was not provided by the state of New York until May 9, 2023. The "inactive" status, or effective date of dissolution, was noted by the state of New York to be October 12, 2022, which represented the date the dissolution documents were provided to New York. The dissolution of RLC is being reported on with the 2023 Form 990 which represents the year in which confirmation of the dissolution was provided by the state of New York. All of RLC's assets were transferred to Memorial Hospital for Cancer and Allied Diseases (MEM), a related Section 501(c)(3) organization, on March 31, 2019. RLC's transfer of assets to MEM included Cash ($1,004,179), Patient Services Receivable ($27,094), Prepaid Expenses ($35,895, Security Deposit ($44,083) and Property and Equipment ($8,542). Upon dissolution, no officer, director, trustee, or key employee of the organization (1) became or will become a director or trustee of a successor or transferee organization, (2) became or will become an employee of, or independent contractor for, a successor or transferee organization, (3) became or will become a direct or indirect owner of a successor or transferee organization, or (4) received, or became entitled to, compensation or other similar payments as a result of the RLC's liquidation, termination, or dissolution. At the time of dissolution, the organization distributed its assets in accordance with its governing instruments and notified the state of New York, which provided confirmation on May 9, 2023 of retroactive "inactive status", the effective date of dissolution, of October 12, 2022. RLC discharged all of its liabilities in accordance with state law and did not have any tax-exempt bonds outstanding during the year.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2023


Additional Data


Software ID: 23017437
Software Version: 2023v5.1
SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
MEMORIAL SLOAN-KETTERING CANCER CENTER
 
Employer identification number

91-2154267
Part I
Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


(c)
Legal domicile (state
or foreign country)

(d)
Total income


(e)
End-of-year assets


(f)
Direct controlling
entity

(1) PROSTATE CANCER CLINICAL TRIALS
1275 YORK AVE
NEW YORK,NY10065
35-2506225
CANCER CARE DE 239,752 22,297,784 MSKCC
 
(2) MSK ABC LLC
1275 YORK AVE
NEW YORK,NY100656007
32-0752089
MSK Event Services NY 0 0 MSKCC
 








Part II
Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


(c)
Legal domicile (state
or foreign country)

(d)
Exempt Code section


(e)
Public charity status
(if section 501(c)(3))

(f)
Direct controlling
entity

(g)
Section 512(b)(13) controlled entity?
Yes No
(1)MEMORIAL MEDICAL CARE PC
1275 YORK AVENUE

NEW YORK,NY10065
35-2491455
CANCER CARE NY 501(c)(3) 10 MSKCC
 
Yes
 
(2)TRI-INSTITUTIONAL THERAPEUTICS DISC INST
1300 YORK AVE

NEW YORK,NY10065
46-3673346
MEDICAL RESEARCH EDUCATION DE 501(c)(3) Type I NA
 
 
No










For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



(b)
Primary activity




(c)
Legal
domicile
(state or foreign
country)


(d)
Direct controlling
entity



(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




(g)
Share of end-of-year
assets



(h)
Disproprtionate allocations?




(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
(j)
General or
managing
partner?



(k)
Percentage
ownership


Yes No Yes No
(1) MSKCC REGIONAL NETWORK

1275 YORK AVE
NEW YORK,NY10065
02-0594889
HEALTH CARE NY MEM
 
Related 13,178,586     No   Yes   100 %
(2) MEMORIAL RADIATION ONCOLOGY GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3237927
HEALTH CARE NY MEM
 
Related 49,043,708     No   Yes   100 %
(3) MEMORIAL DEVELOPMENTAL CHEMO GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3278548
HEALTH CARE NY MEM
 
Related 6,178,380     No   Yes   100 %
(4) MEMORIAL MEDICAL CONSULTATION GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3278550
HEALTH CARE NY MEM
 
Related 11,194,995     No   Yes   100 %
(5) MEMORIAL CARDIOPULMONARY GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3278552
HEALTH CARE NY MEM
 
Related 6,763,548     No   Yes   100 %
(6) MEMORIAL CLINICAL PHYSIOLOGY GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3278556
HEALTH CARE NY MEM
 
Related 2,128,419     No   Yes   100 %
(7) MEMORIAL GASTROENTEROLOGY GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3278574
HEALTH CARE NY MEM
 
Related 11,850,057     No   Yes   100 %
(8) MEMORIAL HEMATOLOGYLYMPHOMA GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3278575
HEALTH CARE NY MEM
 
Related 25,830,818     No   Yes   100 %
(9) MEMORIAL SOLID TUMOR GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3278578
HEALTH CARE NY MEM
 
Related 50,183,466     No   Yes   100 %
(10) MEMORIAL NUCLEAR MEDICINE GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3278580
HEALTH CARE NY MEM
 
Related 10,548,704     No   Yes   100 %
(11) MEMORIAL DERMATOLOGY GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3278581
HEALTH CARE NY MEM
 
Related 9,205,807     No   Yes   100 %
(12) MEMORIAL INFECTIOUS DISEASE GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3278582
HEALTH CARE NY MEM
 
Related 3,222,314     No   Yes   100 %
(13) MEMORIAL ENDOCRINE GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3278583
HEALTH CARE NY MEM
 
Related 5,267,417     No   Yes   100 %
(14) MEMORIAL PULMONARY FUNCTION GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3304834
HEALTH CARE NY MEM
 
Related 5,324,252     No   Yes   100 %
(15) MEMORIAL PEDIATRICS GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3346908
HEALTH CARE NY MEM
 
Related 10,982,058     No   Yes   100 %
(16) MEMORIAL PATHOLOGY GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3365998
HEALTH CARE NY MEM
 
Related 58,649,582     No   Yes   100 %
(17) MEMORIAL ANESTHESIOLOGY GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3367135
HEALTH CARE NY MEM
 
Related 68,171,831     No   Yes   100 %
(18) MSKCC RADIOLOGY GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3375559
HEALTH CARE NY MEM
 
Related 96,011,282     No   Yes   100 %
(19) MEMORIAL NEUROLOGY GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3399377
HEALTH CARE NY MEM
 
Related 15,689,212     No   Yes   100 %
(20) MEMORIAL PSYCHIATRY GROUP

1275 YORK AVE
NEW YORK,NY10065
13-3430629
HEALTH CARE NY MEM
 
Related 5,692,461     No   Yes   100 %
(21) MSKCC SURGERY GROUP

1275 YORK AVE
NEW YORK,NY10065
13-4010372
HEALTH CARE NY MEM
 
Related 194,327,254     No   Yes   100 %
(22) MEMORIAL SLOAN-KETTERING CANCER CENTER SUFFOLK AT HAUPPAUGE

1275 YORK AVE
NEW YORK,NY10065
13-4059247
HEALTH CARE NY MEM
 
Related 5,951,539     No   Yes   100 %
(23) MSK HARRISON

1275 YORK AVE
NEW YORK,NY10065
30-0831483
HEALTH CARE NY MEM
 
Related 17,557,107     No   Yes   100 %
(24) MSK MONMOUTH

1275 YORK AVE
NEW YORK,NY10065
30-0937486
HEALTH CARE NY MEM
 
Related 31,489,174     No   Yes   100 %
(25) MSK SURGERY NJ

1275 YORK AVE
NEW YORK,NY10065
30-1138432
HEALTH CARE NY MEM
 
Related 235,323     No   Yes   100 %
(26) MSKCC CLINICAL PRACTICE PLAN

1275 YORK AVE
NEW YORK,NY10065
51-0616510
HEALTH CARE NY MEM
 
Related 13,858,368     No   Yes   100 %
(27) MSKCC INTEGRATIVE MEDICINE GROUP

1275 YORK AVE
NEW YORK,NY10065
54-2092060
HEALTH CARE NY MEM
 
Related 2,301,652     No   Yes   100 %
(28) MEMORIAL SLOAN-KETTERING CANCER CENTER AT BASKING RIDGE NEW JERSEY

1275 YORK AVE
NEW YORK,NY10065
59-3801080
HEALTH CARE NY MEM
 
Related 23,973,402     No   Yes   100 %
(29) MSK BERGEN

1275 YORK AVE
NEW YORK,NY10065
61-1791803
HEALTH CARE NY MEM
 
Related 24,012,636     No   Yes   100 %
(30) MSK NASSAU

1275 YORK AVE
NEW YORK,NY10065
61-1904151
HEALTH CARE NY MEM
 
Related 10,298,990     No   Yes   100 %
(31) MEMORIAL URGENT CARE GROUP

1275 YORK AVE
NEW YORK,NY10065
65-1263291
HEALTH CARE NY MEM
 
Related 8,215,420     No   Yes   100 %
(32) MEMORIAL CLINICAL GENETICS GROUP

1275 YORK AVE
NEW YORK,NY10065
65-1263292
HEALTH CARE NY MEM
 
Related 1,134,069     No   Yes   100 %
(33) BTS LIQUIDATING LLC

1430 BROADWAY
NEW YORK,NY10018
26-2602952
INVESTMENTS NY MEM
 
Excluded -28,286 100,138   No     No 80 %
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Type of entity
(C corp, S corp,
or trust)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Percentage
ownership
(i)
Section 512(b)(13) controlled entity?
Yes No
(1) CHARITABLE REMAINDER TRUSTS (158)

 
 
CHARITABLE REMAINDER TRUSTS NY NA
 
Trust         No
(2) TWO SIGMA US ALL CAP

89 NEXUS WAY CAMANA BAY
  GRAND CAYMANKY19007
CJ
INVESTMENT CJ MSK
 
C Corporation 27,624,342 118,140,305 100 % Yes  
(3) AXAR OFFSHORE FUND LT

PO BOX 309 UGLAND HOUSE
  GRAND CAYMANKY11104
CJ
INVESTMENT CJ MSK
 
C Corporation 1,008,741 49,326,155 81 % Yes  








Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 3
Part V
Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
 
No
b Gift, grant, or capital contribution to related organization(s) ............................
1b
 
No
c Gift, grant, or capital contribution from related organization(s) ............................
1c
 
No
d Loans or loan guarantees to or for related organization(s) ............................
1d
 
No
e Loans or loan guarantees by related organization(s) ............................
1e
 
No
f Dividends from related organization(s) ............................
1f
 
No
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
 
No
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
 
No
o Sharing of paid employees with related organization(s) ............................
1o
 
No
p Reimbursement paid to related organization(s) for expenses ............................
1p
 
No
q Reimbursement paid by related organization(s) for expenses ............................
1q
Yes
 
r Other transfer of cash or property to related organization(s) ............................
1r
 
No
s Other transfer of cash or property from related organization(s) ............................
1s
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization
(b)
Transaction
type (a-s)
(c)
Amount involved
(d)
Method of determining amount involved
(1) MEMORIAL MEDICAL CARE PC

Q 2,504,387 COST





Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity
(b)
Primary activity
(c)
Legal domicile
(state or foreign
country)
(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations?
(f)
Share of total income




(g)
Share of
end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership


Yes No Yes No Yes No






























Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference Explanation
Schedule R (Form 990) 2023

Additional Data


Software ID: 23017437
Software Version: 2023v5.1