Overlook Foundation EIN 51-0194054 Form 990 (PDF) Claim this org

Overlook Foundation

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Develops and manages resources to advance high-quality healthcare delivery. For fiscal year 2025 it reported $16.5M in revenue, $17.2M in expenses, and $136.5M in net assets.Pt I

Founded
1976
Type
Public charity (501(c)(3)) · Health Care
Location
Summit, NJ
Website
overlookfoundation.org
Filings
6 on file (2020–2025)
Revenue
$16.5MFY2025
Expenses
$17.2M
Net assets
$136.5M
People
37
Filings
6
Updates
0
More identity details & actions ⌄
EIN  51-0194054 Public charity (501(c)(3)) Summit, NJ Founded 1976
Form 990 (PDF)
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Figures match the IRS filing checked 7/18/26 · see original: IRS
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Size
$10–100M
What they do
Develops and manages resources to advance high-quality healthcare delivery.
Leadership
Clelia Biamonti PhD · Executive Director · $406K
Money in and out
$16.5M revenue, $17.2M expenses
Bottom line
86% program efficiency
Where the money goes · FY2025
Total revenue
$16.5M
Pt VIII · Ln 12
Total expenses
$17.2M
Pt IX · Ln 25
Net assets
$136.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$756K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.10 Fundraising $0.04
Program efficiency
86%
of spending reaches programs▲ +3% vs prior filing year
Operating runway
90.1mo
months of highly liquid reserves at operating expense rate▼ -6% vs prior filing year
Surplus margin
-5%
revenue over expenses, this year▲ +53% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$16.5M
FY2025▲ +18%
Expenses
$17.2M
FY2025▲ +13%
Total assets
$139.9M
FY2025▲ +4%
Total liabilities
$3.4M
FY2025▲ +2%
Total revenue
$16.5M
Pt VIII · Ln 12
Total expenses
$17.2M
Pt IX · Ln 25
Net assets
$136.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$756K
Total assetsPt X · Ln 16$139.9M
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 331
Independent voting membersPt I · Ln 431

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COverlook Foundation
EINHdr · item D51-0194054
Principal addressHdr · item CSummit, NJ
WebsiteHdr · item Joverlookfoundation.org
Year of formationHdr · item L1976
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E110)
Ruling yearIRS BMFApr 1979

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a31
Independent voting membersPt VI · Ln 1b31
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$406,495Pt VII · Sec A
Assist. Secretary/Dir. Finance
$218,333Pt VII · Sec A
$199,786Pt VII · Sec A
Director
$172,100Pt VII · Sec A
$170,188Pt VII · Sec A
$147,278Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A

Clelia Biamonti PHD’s $406K as Executive Director is at the 66th percentile of top reported officer pay among 2900 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Clelia Biamonti PHD$406,495$382,672$371,593$359,282$336,112$323,220
Kenneth Cole$242,373$221,643$241,056
Kimberly Myler$218,333$206,197$186,030$169,495$163,335$154,730
Marianne F Devlin$199,786$188,019$163,834
Lorie McDonald$147,278$190,510$173,167$163,136$158,484$149,576
Kerry Mowry$172,100$164,256$145,315$127,825$124,085$118,157
Eileen S Weiss$170,188$162,146$132,758
Marianne Devlin$142,253$140,201$133,660

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $14.8M of program spending, described in the organization's own filed words · FY2024.
01

Overlook foundation provides critical funding to atlantic health overlook medical center to ensure that it remains at the forefront of medical care. We support the purchase of state-of-the-art equipment, the construction of new facilities, endowments for medical leadership, nursing scholarships, professional development, training and…

$14.4Mprogram expense
02

During the current year, the organization provided direct financial assistance and educational support to individuals and families facing medical and caregiving CHALLENGES.THE assistance to families of cancer patients program and the caregiver's center provided financial support to 295 individuals, with total expenditures of $114,459.

$277Kprogram expense
03

During the current year, the organization awarded $75,290 in grants to qualified 501(c)(3) organizations in support of projects that align with the foundation's mission, geographic focus, and established grantmaking GUIDELINES.EACH year, through the recommendation of its trustees, the foundation provides grant funding to eligible…

$75Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$10.5M · 64%
Investment income$6.1M · 37%
Contributions & grants64%$10.5M
Investment income37%$6.1M
Total revenueLn 12$16.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.10 Fundraising $0.04
Program services86%$14.8M
Management & general10%$1.8M
Fundraising4%$658K
Total functional expensesLn 25$17.2M

Balance Sheet

Part X · end of year
CashLn 1$17.2M
Total assetsLn 16$139.9M
Total liabilitiesLn 26$3.4M
Total net assetsLn 32$136.5M
Months of cash on handcomputed12.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $126.2M · Operating expenses (Pt IX) $17.2M · Less non-cash grants $433K · Cash operating expenses/yr $16.8M
90.1 months
Where the money goes
Program services
Program services $14.8M · Total expenses $17.2M
86%
Management & General
Management & general $1.8M · Total expenses $17.2M
10%
Fundraising
Fundraising $658K · Total expenses $17.2M
4%
Cost to raise $1
Fundraising expense (3-yr avg) $619K · Solicited contributions (3-yr avg) $9.8M
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $10.5M · Total revenue $16.5M
64%
Government reliance
Government grants — · Total revenue $16.5M
Earned-income share
Program service revenue $0 · Total revenue $16.5M
0%
Investment reliance
Investment income $6.1M · Total revenue $16.5M
+37%
Program self-sufficiency
Program service revenue $0 · Total expenses $17.2M
0%
Growth & trend
Revenue growth (YoY)
This year $16.5M · Prior year $13.9M
+18%
Revenue CAGR
FY2019 $18.1M · FY2024 $16.5M
-2%
Net-asset trend (YoY)
End of year $136.5M · Beginning of year $130.6M
+5%
Balance sheet
Surplus Margin
Revenue $16.5M · Expenses $17.2M
-5%
Liabilities-to-Assets
Total liabilities $3.4M · Total assets $139.9M
2%
Net-asset ratio
Net assets $136.5M · Total assets $139.9M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $98.8M · Other securities (Pt X, ln 12) $10.1M · Total assets (Pt X, ln 16) $139.9M
78%
People & payroll
Highest Reported Total Compensation
Individual Clelia Biamonti PHD · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $406K · Total expenses $17.2M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.3M · Total expenses $17.2M
14%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 10%
Fundraising cost ratio 6%
Revenue growth 18%
Investment management fee ratio 0.1%
Accounting fee ratio 0.9%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 4 funders$156K
See all 4 funders →
Grants paid · 205 grants · $58.6M · 2019–2024
Overlook Medical CenterFY2024$13,677,773
Unitemized GrantFY2024$114,459
Unitemized GrantFY2024$97,889
Unitemized GrantFY2024$35,602
Unitemized GrantFY2024$29,509
Overlook Medical CenterFY2023$11,911,300
Unitemized GrantFY2023$71,867
Unitemized GrantFY2023$69,238
Unitemized GrantFY2023$7,947
Bridges Outreach INCNJ · FY2023$6,000
Unitemized GrantFY2023$3,433
Overlook Medical CenterFY2022$9,811,557
Unitemized GrantFY2022$200,587
Unitemized GrantFY2022$93,658
Unitemized GrantFY2022$16,482
Unitemized GrantFY2022$10,108
Bridges Outreach INCNJ · FY2022$10,000
See all 205 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$16.5M revenue · viewing · ⤓ 990 PDF
FY2024$13.9M revenue · ⤓ 990 PDF
FY2023$14.8M revenue · ⤓ 990 PDF
FY2022$22.1M revenue · ⤓ 990 PDF
FY2021$14.3M revenue · ⤓ 990 PDF
FY2020$18.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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