AN
P E R L NUA
9 1 0 2 ORT
From the President and Chair To our Fellows and Members, Colleagues, and Supporters: Thank you all for being an important part of the NYAM community and sharing our commitment to building a world where everyone has access to what they need to be healthy and live their best life. As we write this in early 2020, the world has changed dramatically because of the spread of COVID-19, with a disproportionate impact on the people who already experience health inequities. We have been actively working to disseminate resources, support communities suffering disproportionately from COVID-19, and conduct new research to inform policymakers and healthcare decisions. For more information and updates on this work, please visit our website at NYAM.org and our resource hub at WhatCanIDo.NYC. NYAM’s work to ensure health for all is more critical than ever. Only with your support can we change the systems and break down the barriers that prevent every individual from having an equal shot at a healthy life. Please donate today to ensure this vital work can continue through 2020 and beyond. Thank you for your enduring commitment to our mission. With gratitude,
Judith A. Salerno, MD, MS President
James Flynn, MS Chair, Board of Trustees
NYAM.org
WE AGREE. THE WORLD IS NOT FAIR. WE WORK TO CHANGE THAT. EVERY DAY. At NYAM, we bring people together to solve problems and effect change. We take knowledge and put it into action so that everyone has a fair chance to be healthy and live their best life. No matter who they are or where they live.
TO LIVE A HEALTHY LIFE, PEOPLE NEED ACCESS, NOT BARRIERS. ACCESS TO RESOURCES. Economic resources. Housing resources. Educational resources. Public safety resources. Healthcare resources. Social resources. Environmental resources. Let’s tackle the barriers that get in the way of people reaching those resources.
TO LIVE A HEALTHY LIFE, PEOPLE NEED TO BE HEARD BY DECISION MAKERS, POLICY MAKERS AND ELECTED OFFICIALS. Let’s bring the right people to the table. Let’s focus on and fight for those whose voices have not been heard. Let’s start by first listening to them.
EVERYONE DESERVES THE CHANCE TO LIVE A HEALTHY AND FULL LIFE. The New York Academy of Medicine.
Who We Are & What We Stand For At The New York Academy of Medicine, we believe that everyone should have the opportunity to live a healthy life, and we’re committed to breaking down the barriers that stand in the way of health equity. In this report, you’ll read more about how we put our beliefs into action through generating knowledge, changing systems and engaging the public.
Where We’re Going In 2019, our major initiatives included the launch of the East Harlem Action Collaborative for Child Health and Well-being; the expansion of our award-winning Health and Age Across All Policies initiative with the State of New York; and a new multi-year Race & Health programming series that addresses the social, economic and systemic barriers that create inequities. Through these initiatives and many more, we bring experts together to identify the barriers to health, identify innovative solutions, and put them into practice. We’re building health for all, and we hope you’ll join us.
To live a healthy life, people need access, not barriers.
NYAM is Generating Knowledge Though original research and evaluation, we’re building the evidence base to inform systems, policy and program decisions to create lasting change. We brought together researchers from academia and the NYC Health Department to generate collaborative, data-driven health equity research through our innovative Health Data for NYC (HD4NYC) initiative.
In collaboration with the NYC Mayor’s Office of Labor Relations, we are evaluating the workplace wellness programs that aim to empower all 380,000 New York City employees to lead healthy lives.
We created IMAGE: NYC to meet a need for data on NYC’s 65+ population and available resources. The interactive, open-source map informs efforts such as funding, planning, advocacy and direct services for older adults.
We support the next generation of researchers contributing policy-relevant knowledge to advance health equity through more than $400,000 in annual grants and fellowships for students, trainees and early-career investigators.
We’re informing ways to improve health for all New Yorkers through collaborations on the state’s healthcare reform efforts. These include an evaluation of the New York State Innovation Model and research to support healthcare transparency and consumer empowerment through DSRIP.
“ Our goal in creating the AIM workgroup is to create a tangible network for all future advocacy endeavors, for physicians and healthcare professionals to come together and support each other, as well as to shift the tide in medicine towards patient-centered care for all persons regardless of their socio-economic status, identity and how they present.” - Shean Hinds, BS 2019 Advocacy in Medicine Conference
We studied the effectiveness of a community-based program model with the potential to improve breast cancer screening rates among Hispanic women around the country.
NYAM is Changing Systems Our award-winning programs amplify community voices to change the status quo and break down barriers to good health for all. Our Advocacy in Medicine initiative helps medical and nursing students build their advocacy skills to ensure the next generation of health professionals can address the social factors that influence health.
By listening to the needs of older adults in Brooklyn, we’re improving the ability to age in place for the borough’s nearly 340,000 older adults through the Age-friendly Brooklyn initiative. We’re raising the voices of East Harlem caregivers to advance policy change for children’s futures through our East Harlem Action Collaborative for Child Health and Well-being.
We launched an award-winning Health and Age Across All Policies collaboration with the State of New York, and are now working directly with 16 counties across the state to make local-level changes that will improve health for people of all ages. We made sure the 1.8 million New Yorkers with limited English proficiency can access medication information in their chosen language—our research shaped City & State pharmacy regulations that require it. By studying the perspectives of patients with chronic pain, we’re informing safer opioid prescribing practices.
NYAM is Engaging the Public Through our original programming and resources, we aim to inform, promote social justice, and open minds. Our Race & Health programming series seeks to create a more just society by examining and addressing the systemic barriers like racism that create inequities.
The 2019 Opioid Symposium brought together professionals, policy makers, harm reduction advocates and others to address the dual challenge of overdose and underdose in the opioid overdose epidemic and highlight best practices.
Our world-class Library continued to engage researchers, students and the public with research and reference services, classes and tours, and digital exhibits that bring to life our incredible collections in the history of medicine and public health.
“ [Hospital desegregation] was a really important piece of history, a moment where the federal government made something happen very quickly, and a very important victory—but we aren’t there yet. We still have a long way to go to equity.” - Dr. Barbara Berney, producer, POWER TO HEAL Race & Health Series: How Long Will We Wait? The Desegregation of American Hospitals
Germ City: Microbes and the Metropolis, the exhibition and programming series on infectious disease that we co-curated with the Museum of the City of New York in 2018, continued to enlighten audiences through spring 2019. The programming raised awareness of past disease outbreaks and shared timely historical learnings on preparing for and addressing pandemics.
NYAM is a professional home for our Fellows and Members—a group of accomplished health professionals from across institutions and disciplines who come together for events, workgroups and other collaborations with the shared goal of advancing health equity.
Q & A
The Road to Health Equity: with NYAM President
Dr. Judith A. Salerno
Why is health equity so important to you?
What is NYAM doing to attain health equity?
Throughout my 40-year career in health and medicine, I have participated in the provision of care to the most vulnerable among us: veterans for whom the VA system is a safety net; immigrants who seek care from a free clinic; frail older adults who depend on others for the most basic of needs. These experiences have shown me the glaring inequities in our communities and their direct effects on health and well-being.
NYAM has 175 years of history as a leader in public health in New York City, as an exemplar for the nation. We are a convener of public discourse around crucial health issues, a membership home for leading health professionals, and a valuable source of historical resources through our worldclass library collections.
Never have NYAM’s resources been more critical than they are today. While our 2019 annual To me, righting those wrongs is personal and report reflects on the persistent issues and social reflects my lifelong values and sense of moral conditions that influence health, the current obligation to work for social justice. My tools COVID-19 pandemic exposes the decades of happen to be health and medicine, and the marginalization of communities and disinvestment compelling mission of our organization offers me in our healthcare safety nets and public health the opportunity to work toward more equitable systems that today is costing lives, especially systems for all to live their healthiest lives—and to for communities of color. Only by addressing share this vision with like-minded colleagues and and removing those barriers that contribute to many vital communities. Together, we can create health inequities can we fulfill our commitment essential change. to being a true public health institution. That is our commitment to you—today and beyond the pandemic.
Our deep connections to the communities and partners we serve allow us to have a distinctive role in elevating important voices in our pursuit of health equity.
What is unique about NYAM’s role in health equity? The breadth of NYAM’s expertise in research, evaluation and policy enables us to approach health equity in a holistic way—from contributing to the knowledge base on underlying systemic conditions that perpetuate inequities, to informing policymakers and powerbrokers, to evaluating what works and disseminating best practices through publications, events, trainings and technical assistance. Our deep connections to the communities and partners we serve allow us to have a distinctive role in elevating important voices in our pursuit of health equity.
Voices for Health Equity: The Next Generation At the 2019 Annual Meeting of the Fellows, we spoke with some of our newest Members—who represent the next generation of health professionals—about health equity and why they decided to join NYAM.
Jessica Schwartz, BSN, RN
“As a new Member, I hope to make connections and build partnerships that will really be able to influence health policy and improve the state of health equity in this city and nationally.”
What are some actions people can take to advance health equity? As with all injustices that need our attention, advocacy, support and raising all voices are among the most important actions we can take. Learn about the issues that most impact your community. Then join a community group, attend a town hall or council meeting, and speak up about the systems you believe need to be changed.
Janelle Sauz, BS
“I wanted to be a part of an institution that engages in public discourse, that is not afraid of confronting societal issues at the moment, such as health equity. And it completely aligns my principles and values of equity, diversity and inclusion.”
Donate to organizations who put people first when working on health equity. Volunteer. Speak up! And if you’re in the health professions, join us as a NYAM a Fellow or Member!
Dennis Grishin, MPA, BS
“I really wanted to join a network that was just as interested and devoted to health equity as I was, and applying the knowledge that I was getting in school to real life.”
April Ancheta, BS, RN
“Continuing to be a part of a community that promotes health equity and important scholarly work to help decrease health disparities means a lot to me.”
Champions for Health Equity PRESIDENT’S SOCIETY CITY VISIONARIES $1,000,000+ James & Kerianne Flynn URBAN CHAMPIONS $50,000 - $99,999 Robert F. Smith EMPIRE LAUREATES $25,000 - $49,999 Michael and Lori Milken Foundation David & Geri Wolf GOTHAM INNOVATORS $10,000 - $24,999 Steven & Susan Felsher Barbara Green Marc & Pam Grodman Julian Harris Mia Jung Mark & Helene Kaplan Alexander & Cassandra Karnal Stanley & Debbie Lefkowitz Pine Tree Foundation of New York Wayne Riley Judith Salerno Paul & Kimberley Tanico John Utendahl Willie & Lana Woods METROPOLITAN PARTNERS $5,000 - $9,999 The Charina Foundation Barry & Bobbi Coller Elsa-Grace Giardina & Alan Saroff Sylvia Karasu David Perry Claire Pomeroy Dafna Tapiero & Alan Fleischmann George & Barbara Thibault PROGRESS ALLIES $1,000 - $4,999 Nancy Alcock-Hood The Anthony Shih and Yvonne Tsang Family Fund Jack Barchas & Rosemary Stevens Jeremiah & Linda Barondess Bobbie & Richard Berkowitz Jo Ivey Boufford Charles & Bunny Burson Neil Calman Nancy & Andy Clayman Charles Copeland Karina Davidson Ahmed Elbordiny Randi & Stuart Epstein Ilene Fennoy & Daulton Lewis Robert & Mary Fischer Eugene & Susan Flamm Susan & David Frankel Lesmah Fraser Alan & Joy Greenberg Harry Herr Derek Jones Robert Kaufman Danielle Laraque-Arena & Luigi Arena Rosanne Leipzig Richard & Jane Levin
Freda Lewis-Hall Brian Lichtenberger Joyce Lowinson Diana Mason & James Ware Dennis Mitchell Thomas & Jackie Morris Greg & Tanya Morrisett Paul Moses & Barbara Lubash Mary Mott Denielle & Justin Nunez Kathleen O’Donnell Regina & Dan Olasin Douglas Oliver Herbert Pardes & Nancy Wexler Vimla Patel & Edward Shortliffe Miguel Perez & Yianni Vitellas Verdun Perry Stephanie Pincus Margaret Rafferty Robert Ruben & Yvonne Korshak Thomas & Cynthia Sculco Nelson Seo Martin Sepulveda Zubeen Shroff Barry & Carley Smith Allen & Rita Spiegel Sotirios Stergiopoulos Pat & Michael Stone Eileen Sullivan-Marx Gerald Thomson James Tsai Arthur & Sally Webb The William A. Haseltine Charitable Foundation Rachel Winokur Mercedes Youman
CONTRIBUTORS $1,000,000+ Fondation Botnar $100,000 - $999,999 The Boston Foundation The Corlette Glorney Foundation Inc. Doris Duke Charitable Foundation Fund for Public Health in New York, Inc. National Institutes of Health New York City Department of Health & Mental Hygiene New York City Human Resources Administration The New York Community Trust New York State Department of Health Northwell Health Premier, Inc Public Health Solutions Weill Medical College of Cornell University $50,000 - $99,999 The Commonwealth Fund The Fan Fox & Leslie R. Samuels Foundation, Inc. New York State Office for the Aging NewYork-Presbyterian Hospital
Novartis Foundation RiseBoro The Robert Wood Johnson Foundation The Texas A&M University $25,000 - 49,999 Albert Einstein College of Medicine of Yeshiva University The Ambrose Monell Foundation Bank of America Merrill Lynch EY FJC - A Foundation of Philanthropic Funds Heritage Medical Systems The Jewish Board of Family & Children’s Services Kimmeredge Energy Management Company KKR Lifespan of Greater Rochester New England Patriots Foundation Novo Nordisk University of Washington, Seattle Wellcome Trust Anonymous $10,000 - $24,999 Advent Capital Management AIG Bristol Myers Squibb Bristol Myers Squibb Foundation Christy and John Mack Foundation Columbia University Columbia University School of Nursing Drug Policy Alliance Dyal Capital Partners GNYHA Ventures, Inc. The Irene Diamond Fund, Inc. The John A. Hartford Foundation JPMorgan Chase & Co. Manhattan Borough President’s Office Montefiore Medical Center Mount Sinai Hospital NYU College of Dentistry SUNY Downstate Medical Center TPG Capital $5,000 - $9,999 BD Drexel University Emblem Health EquiTrust Life Insurance Company Haynes and Boone, LLP Infor Janssen Biotech Inc. Oxeon Partners Pfizer Inc. Sauvage Family Foundation Stanford University Sterling Affair
$1,000 - $4,999 Adelphi University Advanced Health Media Novartis Alcon Vision American Federation for Aging Research Born This Way Foundation Celgene Corporation Changing Our World, Inc. Community Healthcare Network Dentons DePuy Synthes Dr. Schar USA, Inc Omar Eissa Harvard University Icahn School Of Medicine at Mount Sinai The Institute for Family Health IPRO Johnson & Johnson The Josiah Macy, Jr. Foundation Keystone Dental KLS Martin LP La Roche-Posay CeraVe Loreal, USA Mount Sinai Elmhurst Hospital National Medical Fellowshps New York County Psychiatric Society New York State Health Foundation New York State Psychiatric Association Inc. New York University Rory Meyers College of Nursing Omeros Corporation Open Society Foundation Opus Advisory LLC PKF O’Connor Davies Queens Consulting Group Regeneron Healthcare Solutions Inc. Retrophin, Inc. The Rogosin Institute Stroock & Stroock & Lavan LLP Stryker Sun Pharmaceuticals Industries Mary Torres University Physician Associates of New Jersey University Physicians of Brooklyn Douglas Weinberger Terry Woodard Zimmer Biomet $500 - $999 Elisabeth Abramowicz Laura Ardizzone Jake Barton Jeffrey & Brondi Borer Steve Boxer Sherry Brous Wendy Budin David Clossey & Dena Kleinman Elizabeth Cohn Jocelyn Cordice CUNY Graduate School of Public Health and Health Policy CUNY School of Professional Studies
Lisa David Charito Dizon Lori Escallier Martine Ferland Marlene & Robert Filewich Donna Fingerhut Beth Finkel Elizabeth Frost Sarang Gadkari Kristine Gebbie Lewis & Susan Goldfrank James Goodrich Vartan & Clare Gregorian Mark Gross Hereditary Disease Foundation Mary Hickey Daniel Laroche Linda Lombardi Ruth & William Lubic Adetoro Makinde Diane Mancino Ann Marie Mauro Brian McNeil Vanessa Medina Carolyn Messner Sanford & Marcia Miller Mount Sinai School of Medicine Chris Munro New York University David Nocenti Joseph Presto Primary Care Development Corporation Gina Ravosa Elena Rios Maria Rosario-Sim Jill Schwartz Kevin Sherlock May Skinner Joan Steitz Rachel Thebault Paul Theerman University of Buffalo Anesthesiology, Inc Connie Vance David Vlahov & Robyn Gershon Claire Wang Allan Weidenbaum Gilbert & Sharon Wise Richard Younge UP TO $499 Gayle & Stuart Aaronson Melinda Abrams Judith Ahronheim & Gerald Blandford Paula Allen-Meares & Henry Meares David Allison Allscripts David Altman Lawrence Kimball Altman AmazonSmile Foundation Burton & Anna Angrist Gregory Atwater Adebusola Bakare Ben Barg Sandra Barnaby Ivan Bascon
This year we accomplished a great deal thanks to the dedication of our supporters—a network of champions who are fighting for health equity. We extend our deepest thanks to these individuals, foundations and corporations who invest with their minds and hearts to create a healthier and more equitable society.
BOARD OF TRUSTEES
Joan Bates Michael Bergelson Michael Bernstein Steven Bernstein Adam Biggs Irwin & Arlene Birnbaum Kimber Bogard Francine Bono-Neri Karla Booth Abraham Bornstein Donna Brassil Carol Brown Danelle Brown Karl Brown Zenobia Brown Nadine Bryce Sydney Bush Brian & Catherine Butler Felipe Cabello Marc Campbell Murray Canter Cardiology Consultants of NY, PC Jane Carmody Lila Chambers Juhi Chawla Xi Chu Camille Clare Molly Clayman David Cohen & Joanne Bernstein-Cohen Michele Cole June Como Catherine Concert Arthur Cooper Ray Cornbill Elizabeth Corwin Jenilee Cueto James & Vivian Curtis Claire Davenport Laura & John de Boisblanc Roy de Souza Daniel Dellal Sharon Denning Jesus Diaz Brian Donaldson Kathleen Dowd Hillary Dowdle Donna Dowie Keith Downing Bradley Eckert Moira Egan & Robert Chasen Ira Eliasoph & Margaret Alan Suellyn Ellerbe Angela English Rachel Feiffer Lisa Feldman Cara Ferber Stephen Ferrara Felisha Figueroa Brooke Filewich Max Fink Marilyn Flynn Francis & Patricia Foca Harry Follick Madeline Ford Darlene Forde Joanne Franklin Douglas & Mary Fredrick
Steven J. Corwin, MD President and Chief Executive Officer, NewYork-Presbyterian Hospital
Kathleen Gaffney Jay & Joann Galst George Ganat Sejal Gandhi Thomas Geib Elizabeth Gerdts Monalisa Ghose G.S. Gilbert Emily Gill Phillip Gioia David Gitelson Doris Glick Henry Godfrey Goldman Copeland Associates, P.C. Lindsay Goldman Aisha Gomez Eric & Carolyn Gould Dilcia Granville Lyris Greenidge-Adams Alicia Gresham Patricia Griffin Alyssa Guberman Lauren Guberman Michael Guberman Raymond Guzman Brian Hagan Heidi Hahn-Schroeder Bert Hansen Kay Harel Jason Harrell John Harris, Jr. Stanley & Angela Harris Tara Heagele Zachary Hennessey John Henry Ingrid & Hugo Hollinger Karen Hughes Tonda Hughes Kene-Chukwu Ifeagwu Joanne Jacobson John & Beverly Jacoby Mark Jarrett Carla Job Phaedra Johnson La Keisha Jones Bill Jordan Suzette Joseph Martin & Marie Josephson Jennifer Justice Ani Kalayjian Robert Kalter Frederick & Phyllis Kaskel Lyn Kelley Daniel Kevles Elaine Kinney Marilyn Klainberg Susan Kleinrock Paul Kligfield Theodore P. Klingos Martin & Lisa Kohn Sandra Kunzweiler Alla Landa Karen Langer Alyse LaRue Miriam Laugesen Sherie Lem Helen Lemay
Jane Levitt David Levy Marvin & Purlaine Lieberman Lauren Lisher Robert LoNigro Daniel Lugassy Sania Luna Malek Maddah Deborah Makonnen Addison Malone Mannuccio Mannucci Mary Marron-Corwin John Marsh Sabrina Martin Renee Marton Thomas Mayes Margaret McCarthy Katy McFadden Jason McGrade Marlene McHugh Glen McWilliams Josef Mendoza Michelle Merchant Zina Michajliczenko Danielle Milano Madelyn Miller Paola Mina-Osorio Rick Miners Howard Minkoff Mackenzie Mitchell Athena Mitsios Sylvia Modeste Nikita Mogar Vernique Montrose Anne Moore & Arnold Lisio Erma Moore Stacey Moriates Marilyn Moss Alan Multz David & Ruth Musher Preston Neimeiser New York County District Branch American Psychiatric Association, Inc. Katherine Nickerson & Steven Shea NY Council on Child & Adolescent Psychiatry Michael O’Connor & Mary Baur Benjamin Ogundele Fredrick Orkin Rita Ormsby Sharon & George Packer Dula Pacquiao Robert Padgug Edmund Pajarillo Peter & Mady Palese Gay Peress Henri Pierre-Jacques Henry Pinsker Louis Pizzarello Arthur Prancan Shawnette Proper Marilyn Puder-York & Christopher York Alexie Puran Michael Radeos Richard Radna Ann Rakoff
Carol Raphael Geeth Kavya Minama Reddy Donna Regenstreif Ira Rezak & Brigitte Bedos-Rezak Patrizia Riccardi Lynn Ripley William Robinson Jose Rodriguez David Roemer Benjamin & Aviva Rosenberg Henry Rosenberg Doreen Wray Roth & Douglas Roth Ellen Rubin Richard Ruddy Agatha Rudz Ines Ruiz Kelly-Ann Salman Andrew Schenkel Scheuer Associates Foundation Caroline Schimmel Beverly Schlesinger Alina Schnake-Mahl Susan Schnall Paul & Bette Schneiderman Alexander Schwartzman Kevin Scott Tanya Shah Holly Shaw Peter Sherman Lydia Shilland Jillian Shotwell Jacob & Joyce Shragowitz Charlie Siegal Raman Singhal Nancy Siraisi David Siscovick Thomas Smith Leslie Smithey Society for Adolescent Psychiatry Shoshanna Sofaer Susana Rapaport Somlo Michael Sparacino Andrew Spielman Victor Sta. Ana Janet Stein Robin Stutman Nadia Sultana William Summers Sunnyside Community Services Elihu Sussman Caryn Teitelbaum Heinrich Von Staden Evan Vosburgh Dennis Walto Lisa Watkins Audrey S. Weiner & Jeffrey Solomon Suzanne Wertz Frank Wilkinson Kriota Willberg Elizabeth Wilson-Anstey William Zhao Elaine Zimbler Anonymous (3)
James Flynn, MS, Chair President, Deerfield Management Company, LP Oxiris Barbot, MD Commissioner, New York City Department of Health and Mental Hygiene Charles N. Bertolami, DDS, DMedSc, Herman Robert Fox Dean, New York University College of Dentistry
John Damonti, MSW President, Bristol-Myers Squibb Foundation Vice President, Corporate Philanthropy & Patient Assistance, Bristol-Myers Squibb Company Steven G. Felsher, JD Elsa-Grace V. Giardina, MD, MS, FACC, FAHA, FACP Professor of Medicine, Columbia University Medical Center Barbara A. Green, PhD Senior Vice President, New Business Initiatives, GNYHA Ventures, Inc., Greater New York Hospital Association Marc D. Grodman, MD Assistant Professor of Clinical Medicine, Columbia University Medical Center Julian Harris, MD, MBA, MSc Partner on the Health Care Services Team, Deerfield Management Company, LP William A. Haseltine, PhD Chairman and President, ACCESS Health International, Inc Mia Jung, MBA President, Oxeon Partners Mark N. Kaplan, Esq Of Counsel, Skadden, Arps, Slate, Meagher & Flom LLP Stanley A. Lefkowitz, PhD Chief Financial Officer and Executive Vice President, The Falconwood Corporation Claire Pomeroy, MD, MBA, Vice Chair President, The Albert and Mary Lasker Foundation Ramanathan Raju, MD, MBA, FACS, FACHE Senior Vice President and Community Health Investment Officer, Northwell Health Wayne J. Riley, MD, MPH, MBA, MACP President, State University of New York Downstate Medical Center Elena Rios, MD, MSPH, FACP President and Chief Executive Officer, National Hispanic Medical Association Steven M. Safyer, MD Emeritus, President and Chief Executive Officer, Montefiore Medical Center Judith A. Salerno, MD, MS President, The New York Academy of Medicine Paul P. Tanico, JD Managing Principal, CastleRock Management Mark L. Wagar CEO, Healthshare Value Advisors LLC Alexander T. Karnal, Partner and Managing Director, Deerfield Management Company, LP
Statement of Financial Position DECEMBER 31 2019
2018
ASSETS Cash and cash equivalents
$299,924
$503,132
Contributions and grants receivable, net
1,213,434
2,615,275
120,335
189,457
111,834
123,543
69,091,952
62,076,330
7,841,882
8,380,651
172,457
172,872
$78,851,818
$74,061,260
$798,232
$879,839
Other payables
933,453
-
Grants payable
284,000
153,650
Deferred income
309,675
202,649
$2,325,360
$1,236,138
WITHOUT DONOR RESTRICTIONS
$43,977,197
$39,068,901
WITH DONOR RESTRICTIONS
20,597,470
21,950,031
11,951,791
11,806,190
32,549,261
33,756,221
$76,526,458
$72,825,122
Accounts receivable Prepaid expenses and other assets Investments Property and equipment, net Beneficial interest in perpetual trust
LIABILITIES AND NET ASSETS LIABILITIES Accounts payable and accrued expenses
TOTAL LIABILITIES
NET ASSETS
Time or purpose restricted
Investments held in perpetuity
TOTAL NET ASSETS
In 2019 NYAM’s operating expenses were $16.2M
8%
Fundraising
21%
Management / General
Program Services Areas: Research, Evaluation & Policy Community Partnerships & Programs Fellows
Library
Statement of Activities With Restrictions Without Donor Restrictions
Grants and contributions
Time or Purpose Restricted
Investments Held in Perpetuity
2019 Total
2018 Total
$259,136
$4,856,473
-
$5,115,609
$6,560,454
785,673
-
-
$785,673
763,924
TOTAL OPERATING SUPPORT
1,044,809
4,856,473
-
5,901,282
7,324,378
Investment return designated for current operations
4,052,338
-
-
4,052,338
4,341,104
Subscriptions and fees
2,389,102
5,000
-
2,394,102
2,552,739
134,215
-
-
134,215
154,590
500,986
-
-
500,986
493,164
8,084,132
(8,084,132)
-
-
-
16,205,582
(3,222,659)
-
12,982,923
14,865,975
Program services
11,492,650
-
-
11,492,650
10,461,323
Management and general
3,423,342
-
-
3,423,342
3,493,156
1,377,925
-
-
1,377,925
1,040,417
TOTAL OPERATING ACTIVITIES
16,293,917
-
-
16,293,917
14,994,896
CHANGE IN NET ASSETS FROM OPERATIONS
(88,335)
(3,222,659)
-
(3,310,994)
(128,921)
-
-
(415)
(415)
(8,605)
4,996,631
1,870,098
146,016
7,012,745
(7,794,127)
4,908,296
(1,352,561)
145,601
3,701,336
(7,931,653)
BEGINNING OF YEAR
39,068,901
21,950,031
11,806,190
72,825,122
80,756,775
END OF YEAR
$43,977,197
$20,597,470
$11,951,791
$76,526,458
$72,825,122
Special events revenue (net of direct benefit to donors of $259,816 and $235,467)
OPERATING REVENUES
Membership dues Miscellaneous Net assets released from restrictions for operations
TOTAL OPERATING ACTIVITIES
OPERATING EXPENSES Fundraising
NON-OPERATING ACTIVITIES Change in value of beneficial interest in perpetual trust Investment return not designated for current operations CHANGE IN NET ASSETS FROM OPERATIONS
NET ASSETS
Your Dollars at Work
+ Qualitative, quantitative & community-engaged research + Program evaluation + Policy analysis & testimony + Community needs assessment + Technical assistance & training
+ Healthcare delivery + Health across all policies + Age-friendly communities + Safer prescribing + Advocacy in medicine + Public & private partnerships
+ Elevating community voices + Race & Health Series + 2019 Opioid Symposium + Germ City exhibition & programming + 32 Fellows & Members events + 3,152 Library visitors & users
2019 events at NYAM brought together health professionals, advocates, supporters, students and many others dedicated to building health for all.
K R O W E T G E N A N FOR CHA Could Tuskegee Happen Today? Our Race & Health event series kicked off on February 26 with an in-depth look at the history and legacy of the unethical Tuskegee Syphilis Study, which was conducted on hundreds of African American men from 1932-1972.
Priced Out: In Conversation On September 24, we hosted a special conversation with Nobel Laureate Paul Krugman and Princeton University’s Tsung-Mei Cheng on the high cost of American healthcare and how to improve the system.
Our ACCESS: Health Gala on October 21 honored three visionary, equity-focused leaders: Robert F. Smith, Chairman and CEO of Vista Equity Partners, who joined NYAM President Dr. Judith Salerno for an exclusive interview; Cynthia Germanotta, President and Co-Founder of the Born This Way Foundation; and Harlem Capital, a venture capital firm with a mission to invest in 1,000 diverse founders over the next 20 years.
Annual Meeting of the Fellows At this year’s Annual Meeting on November 7, we inducted 96 new Fellows and Members into our community of distinguished health professionals committed to advancing health equity. Later in the evening, Dr. Otis Brawley of Johns Hopkins University delivered the inspiring Anniversary Discourse on addressing cancer disparities.
@NYAMNYC
1216 Fifth Avenue New York, NY 10029 NYAM.org