Quest Diagnostics Foundation Inc

Nonprofit profile at a glance

EIN
223093807
IRS 990-PF coverage
2020–2025
Forms available
Form 990-PF 2025
Location
Secaucus, NJ, USA
Phone
8002220446
Rating
90
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$0
Expenses
$824,856

Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.

Overview

Mission

Quest Diagnostics Foundation Inc is a nonprofit. Location: Secaucus, NJ. EIN 223093807. Tax year 2025 Form 990-PF reports $0 revenue and $825K expenses.

What it reported funding in 2025

The foundation reported 14 grants totaling $6,715,868. The stated grant purposes included expansion of the hbcu scholars program; establishment of a scholars program at institutions of higher learning serving hispanic students; covid-19 relief through federally qualified health centers (each an "fqhc"); and hypertension relief and management through fqhcs., to enable grantee to foster a future in which health care entities, social service organizations and people in the community work together seamlessly to achieve optimum health and well-being for all in baltimore city and baltimore county, maryland (collectively "baltimore"), focusing on mental health/behavioral health, care coordination, and youth engagement, for underserved/underinsured black and hispanic/latinx persons in poverty in baltimore (the "target population")., and the purposes of this grant agreement are as follows: (i) to enable grantee to provide black church public health navigators and health navigator supervisors and maintain hubs in newark, detroit, atlanta, and washington in accordance with phases v, vi, and vii of the choose healthy life black church plan and (ii) to secure both short-term and long-term funding to sustain grantee and strengthen and grow the choose healthy life black church plan., plus 11 other reported purposes.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this foundation funds its work.
Distribution model
Direct operator. The foundation carried out 100% of its reported charitable disbursements directly.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. A relatively small share of spending goes to grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 56
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 93

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 96th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 55.8%; rating input score 56; 12th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 115.8; rating input score 93; 93rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 93th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 15 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Cost Efficiency: Grant expense ratio scored 56/100.