CentraState Healthcare Foundation

What CentraState Healthcare Foundation does

CentraState Healthcare Foundation is a New Jersey-incorporated nonprofit foundation established in 1981, operating as the official philanthropic arm of Atlantic Health CentraState Medical Center, a 284-bed acute care hospital in Freehold, NJ, that is part of Atlantic Health System's 550+ care sites serving 5.6 million people across New Jersey and Pennsylvania. The foundation's core activity is event-driven fundraising and donor stewardship: it operates a portfolio of signature annual events including the Celebration Ball (64th year, ~$300K-$400K annually), the Band Aid Open golf outing (50th year, ~$185-200K+ annually), the Multiple Sclerosis Benefit (24th year, $215K+ in 2025), the Pickleball Palooza (newer format, ~$50K inaugural year), and Lights and Carols. Auxiliary volunteers additionally run farmers markets, jewelry sales, food tastings, raffles, and bingo, contributing $52K in 2025 and over $3.5 million cumulatively.

The foundation's product surface extends beyond events into structured giving programs: the Grateful Patient Program enables patients to honor caregivers through thank-you notes and donations, scholarship programs have awarded $159K to 159 students since 1999, and the Ways-to-Give menu includes tribute gifts, the Leave Your Legacy planned-giving platform, MoForNovember, Pave The Way, Comfort Cart, Giving Societies, and Team Member Appeals. Underlying technology is conventional nonprofit infrastructure (WordPress website, social media channels, email sign-up, LinkedIn) with no disclosed AI, API, or proprietary platform components. The hospital beneficiary holds Magnet designation for nursing excellence five consecutive times — placing it in the top ~2% of U.S. hospitals.

The foundation operates with 1-10 employees at its 225 Willow Brook Road, Freehold headquarters, governed by a Board of Trustees chaired by Brett Taft, with Special Events Coordinator Gayle Foley and Foundation Office Staff Olive Taylor handling operations. Its go-to-market is community-led and event-driven: it mobilizes physicians, business leaders, auxiliaries, and individual donors through volunteer committees, recognition programs, and signature gatherings. Because it is a nonprofit with no shareholders or ownership interests, revenue mechanics consist of voluntary donations and event proceeds, with no standardized pricing or product sales. Total annual revenue is not publicly disclosed, but disclosed event-level proceeds aggregate to roughly $700K-$850K annually, with the balance coming from recurring donations, tribute gifts, and planned giving.

Name

CentraState Healthcare Foundation

Legal name

CentraState Healthcare Foundation

Website

https://centrastatefoundation.org

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

1–10 employees

Short description

CentraState Healthcare Foundation is a 1981-founded New Jersey nonprofit that operates as the philanthropic arm of Atlantic Health CentraState Medical Center in Freehold, raising charitable funds through signature events, auxiliaries, and structured giving programs to support hospital services including maternity, MS, cancer, and cardiac care.

Ownership category

akta.pro rank

Product category

Healthcare Philanthropy

akta.pro industry

PRIMARYBPAGAKAL

Health & Medical Research Grantmaking Foundations

Business & Public Services/Nonprofit, NGO & Social Services/Philanthropy, Foundations & Grantmaking

Keywords

• Healthcare philanthropy
• Community fundraising
• Charitable giving programs
• Nonprofit healthcare foundation
• Donor engagement

Headquarters

HQ city

Freehold

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Revenue model

1. Event-based fundraising: Annual fundraising events including Celebration Ball ($400,000 raised), Band Aid Open golf event ($200,000+ annually), Multiple Sclerosis Benefit ($215,000), and other special events. These events generate significant revenue to support hospital programs and services.
2. Charitable donations and tributes: Individual and corporate donations, tribute gifts in honor of caregivers, memorial donations, and planned giving through the Leave Your Legacy program.
3. Auxiliary fundraising activities: The Associated Auxiliaries conduct year-round fundraising including farmers markets, jewelry sales, food tasting events, raffles, bingo, and various sales. Raised $52,000 in 2025.
4. Scholarship programs: Scholarships for team members and students, funded by donor generosity and auxiliary activities.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

No verifiable source content with attributable source IDs was provided describing CentraState Healthcare Foundation's core offerings; this field cannot be populated without fabrication.

Product overview

CentraState Healthcare Foundation serves as the philanthropic arm of Atlantic Health CentraState Medical Center, a 284-bed acute care hospital in Freehold, New Jersey. The Foundation operates a portfolio of fundraising events and programs including the flagship Celebration Ball (now in its 64th year), the Band Aid Open Golf Outing (50th year), Annual Multiple Sclerosis Benefit, and Pickleball Palooza. Beyond events, the Foundation manages donor engagement through its Grateful Patient Program, scholarship initiatives for team members and students, and comprehensive Ways to Give options including tribute gifts, legacy giving, and giving societies. The Foundation supports key medical centers including the First Impressions Maternity Center, Linda E. Cardinale Multiple Sclerosis Center, Robertshaw Cardiovascular Interventional Center, and Star and Barry Tobias campuses. With volunteer auxiliaries raising over $3.5 million historically, the Foundation connects community philanthropy to advancing exceptional healthcare at CentraState Healthcare System.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Magnet designation for nursing excellence five consecutive times - one of less than 2% of hospitals nationwide
• +3 more outcomes

Named customers1 record

Segments3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Atlantic Health SystemcoreStrategic or Co-development Partner · 1 January 1981Atlantic Health System is the parent health network for CentraState Healthcare System. As a partner of Atlantic Health, CentraState Medical Center is part of a system with 550+ sites of care, 25,000+ team members, and 5.6 million people served across New Jersey and Pennsylvania. The foundation serves as the philanthropic arm of Atlantic Health CentraState Medical Center.
• UMH Properties, Inc.minorOthersEugene W. Landy, founder and Chairman of UMH Properties, Inc. and Monmouth Real Estate Investment Corporation, was honored as Distinguished Ambassador at the 64th Annual Celebration Ball. He is a longtime supporter of CentraState and the Landy family has contributed significantly to the foundation.
• Manasquan River Golf ClubminorOthersVenue partner for the annual Band Aid Open golf event. The club hosts the 49th Annual Band Aid Open which raises funds for maternity services at CentraState Medical Center.
• South Gate ManorminorOthersEvent venue for the Annual Celebration Ball. South Gate Manor hosted the 64th Annual Celebration Ball 'Under the Sea' attended by over 220 guests.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Geisinger Health Foundation: Pennsylvania-based integrated health system foundation combining signature events, planned giving, and grateful-patient programs. Comparable to CentraState as a regional hospital-affiliated philanthropy with multi-channel donor engagement.
• Virtua Health Foundation: Southern New Jersey hospital system foundation hosting signature galas, golf outings, and community fundraising events. Closely comparable in scope, geographic concentration, and event-driven fundraising model to CentraState Healthcare Foundation.
• Main Line Health Foundation: Multi-hospital suburban Philadelphia system foundation running signature galas, golf tournaments, and grateful-patient giving programs. Comparable as a regional, hospital-system-affiliated fundraising entity with similar event mix and donor engagement approach.
• RWJBarnabas Health Foundation: New Jersey-based hospital system foundation running system-wide fundraising events, capital campaigns, and grateful-patient programs. Highly comparable to CentraState as a regional, hospital-affiliated foundation with multiple signature events and donor engagement programs.
• St. Luke's University Health Network Foundation: Hospital network foundation spanning New Jersey and Pennsylvania with annual galas, golf events, and community-based auxiliaries. Comparable in cross-state hospital-affiliated philanthropy and signature event portfolio structure.
• Valley Health System Foundation: Northern New Jersey hospital foundation conducting signature galas, golf classics, and grateful-patient programs. Directly comparable in fundraising mechanics, scale, and event mix to CentraState Healthcare Foundation.
• Hackensack Meridian Health Foundation: Philanthropic arm of New Jersey's largest health system, raising funds across multiple hospitals in northern and central NJ. Comparable as a hospital-system-affiliated foundation operating signature galas, golf events, and grateful-patient programs at a much larger scale.
• AtlantiCare Foundation: Atlantic County, NJ-based hospital foundation running annual galas and signature fundraising events. Comparable as a regional, hospital-affiliated community philanthropy with similar event-driven revenue mix and Atlantic Health-adjacent footprint.

Broad incumbents

• Hospital for Special Surgery (HSS) Foundation: Specialty hospital philanthropy operating signature galas, grateful-patient programs, and planned giving at national scale. Comparable as a hospital-affiliated foundation with similar donor engagement and event-driven revenue model, but with a national rather than regional donor base.
• Mercy Health Foundation: Large Catholic health system foundation operating across multiple states with galas, planned giving, and grateful-patient programs. Comparable in mission and event/donor mix, but at substantially greater scale and geographic reach than CentraState.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks2 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/centrastatefndn
• Facebookfacebook.com/centrastatefndn
• LinkedInlinkedin.com/company/centrastatefoundation
• Instagraminstagram.com/centrastatefoundation
• Xx.com/centrastatefndn

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

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M&A

Investments

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Frequently asked questions about CentraState Healthcare Foundation