2023-05-15T16:36:50-05:00 2022-06-30 366055558 GRANT THORNTON LLP 2001 MARKET STREET SUITE 700 PHILADELPHIA PA 19103 990 2021-07-01 510319455 BEEBE MEDICAL FOUNDATION BEEB 3026442900 902 SAVANNAH ROAD LEWES DE 19958 DAVID TAM CEO 3026442900 2023-05-15 1 DAVID TAM 999009999 ALYCIA SOLECKI P01272637 2155614200 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z TOM PROTACK PRESIDENT 902 SAVANNAH ROAD LEWES DE 19958 10735794 0 X WWW.BEEBEFOUNDATION.ORG X 1989 DE SEE SCHEDULE O THE MISSION OF BEEBE MEDICAL FOUNDATION IS TO IDENTIFY AND SECURE PHILANTHROPHIC SUPPORT AND INTEREST OF THE GREATER BEEBE HEALTHCARE COMMUNITY. 21 19 0 27 0 0 5178486 9272015 0 0 369561 335824 511655 672398 6059702 10280237 4810688 10575403 0 0 965050 1463579 0 0 1348334 284643 315689 6060381 12354671 -679 -2074434 36267660 31857607 519865 440790 35747795 31416817 X THE MISSION OF BEEBE MEDICAL FOUNDATION IS TO IDENTIFY AND SECURE PHILANTHROPIC SUPPORT AND INTEREST OF THE GREATER BEEBE HEALTHCARE COMMUNITY FOR THE VARIOUS BUILDING PROGRAMS AND SERVICES PROVIDED BY BEEBE HEALTHCARE, INC. 0 0 10437270 10437270 BEEBE MEDICAL FOUNDATION FUNDED CAPITAL EQUIPMENT PURCHASES FOR BEEBE MEDICAL CENTER AS FOLLOWS: $4,958,878 CAPITAL EXPENSES FOR SOUTH COASTAL HEALTH CAMPUS; $2,476,246 BEEBE MEDICAL CENTER CAPITAL IMPROVEMENTS; $1,981,900 SCHOOL OF NURSING CAPITAL IMPROVEMENTS; $709,431 POPULATION HEALTH PROGRAMS; $310,815 TUNNELL CANCER CENTER. 44394 44394 BEEBE MEDICAL FOUNDATION FUNDED EXPENSES FOR OPERATIONAL EXPENSES PAID BY BEEBE MEDICAL CENTER AS FOLLOWS: $16,421 FOR FACULTY TUITION AWARDS, $2,543 FOR PORTABLE FETAL MONITOR BOOKS & PACKETS, $1.400 EMPLOYEE NURSING EDUCATION SUMMIT, $1.362 WALK TO REMEMBER, $22,667 MISCELLANEOUS. 55039 55039 BEEBE MEDICAL FOUNDATION FUNDED EXPENSES FOR PROGRAMS MANAGED BY BEEBE MEDICAL CENTER AS FOLLOWS: $31,659 POPULATION HEALTH & TUNNELL CANCER CENTER SPECIAL NEEDS PROGRAM; $23,379 MISCELLANEOUS. 38700 38700 OTHER EXPENSES: $38,700 SCHOOL OF NURSING SCHOLARSHIPS 38700 38700 10575403 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 X 21 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 1 0 CT DC FL MD NJ NY PA VA X JUSTEN ALBRIGHT 3026442900 902 SAVANNAH ROAD LEWES DE 19958 DAVID TAM MD DIRECTOR/BMC PRESIDENT & CEO 1.00 43.00 X X 0 1042422 38376 JEFFREY FRIED FORMER DIRECTOR/ FORMER BMC PRES. & 0.00 0.00 X 0 696000 0 PAUL PERNICE TREASURER/BMC CFO 1.00 43.00 X X 0 677516 7557 THOMAS PROTACK PRESIDENT, BEEBE MEDICAL FOUNDATION 40.00 0.00 X 0 293496 12827 ALICIA YOUNG EXECUTIVE DIRECTOR - FOUNDATION 40.00 0.00 X 0 128235 11961 CHRISTIAN HUDSON CHAIR 1.00 0.00 X X 0 0 0 CHARLES BURTON VICE CHAIR 1.00 0.00 X X 0 0 0 CINDY SZABO SECRETARY 1.00 0.00 X X 0 0 0 JACK BERBERIAN DIRECTOR 1.00 0.00 X 0 0 0 JENNIFER CARROLL DIRECTOR 1.00 0.00 X 0 0 0 LYNDIE HERTRICH DIRECTOR 1.00 0.00 X 0 0 0 SEN GERALD HOCKER DIRECTOR 1.00 0.00 X 0 0 0 LYNN KOKJOHN DIRECTOR 1.00 0.00 X 0 0 0 KATIE JOHNSON DIRECTOR 1.00 0.00 X 0 0 0 ALAN LEVIN DIRECTOR 1.00 0.00 X 0 0 0 NANCY LEVENSON THRU MAR 2022 DIRECTOR 1.00 0.00 X 0 0 0 TERRY MEGEE DIRECTOR 1.00 0.00 X 0 0 0 MARNIE OURSLER DIRECTOR 1.00 0.00 X 0 0 0 KEITH PARSELL DIRECTOR 1.00 0.00 X 0 0 0 ANN RASKAUSKAS DIRECTOR 1.00 0.00 X 0 0 0 SCOTT ROYAL DIRECTOR 1.00 0.00 X 0 0 0 KHALIL SALIBA DIRECTOR 1.00 0.00 X 0 0 0 RICHARD SOKOLOV DIRECTOR 1.00 0.00 X 0 0 0 PAUL TOWNSEND DIRECTOR 1.00 0.00 X 0 0 0 MINDI TUNNELL DIRECTOR 1.00 0.00 X 0 0 0 TED BECKER EMERITUS MEMBER 1.00 0.00 X 0 0 0 JOE HUDSON THRU APR 2022 EMERITUS MEMBER 1.00 0.00 X 0 0 0 DAVID HERBERT THRU OCT 2021 EX-OFFICIO MEMBER 1.00 0.00 X 0 0 0 PAUL MYLANDER EMERITUS MEMBER 1.00 0.00 X 0 0 0 BRADLEY L TRAVIS JR EX-OFFICIO MEMBER 1.00 0.00 X 0 0 0 0 2837669 70721 0 1 1 0 0 40521 1447614 641431 7142449 456990 9272015 335824 335824 1068251 40521 455557 612694 612694 TRUST INCOME 900099 59704 59704 59704 10280237 0 0 1008222 10536703 10536703 38700 38700 523827 94289 429538 620425 123617 496808 319327 53647 265680 38211 38211 126643 33600 93043 39754 16416 23338 24957 24957 43546 43546 2125 2125 526 526 DONOR CULTIVATION 39927 39927 12354671 10575403 430934 1348334 519865 440790 3021938 2814993 11276 12044 69050 67446 2130 1604 32712451 28588176 0 0 36267660 31857607 519865 440790 0 0 0 0 519865 440790 X 6463902 6276195 29283893 25140622 35747795 31416817 36267660 31857607 -2074434 -2256544 0 X 0 1 X 1 0 X X 1 BEEBE MEDICAL CENTER INC 510067938 3 0 10500715 0 1 10500715 0 14593972 6799922 7309189 5178486 9272015 43153584 14593972 6799922 7309189 5178486 9272015 43153584 10969790 32183794 256444 458252 512610 369561 355824 1952691 784902 984170 101476 647655 1127955 3646158 48752433 0.66010 0.69220 X 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15154093 408799 -1583347 343498 13636047 11151747 426602 3881526 305782 15154093 9838772 125521 1426633 239179 11151747 7439153 2041875 574329 216585 9838772 6923477 99150 615755 199229 7439153 0.32440 0.37240 0.30320 0 0 69050 67446 1604 1604 X PART V, LINE 4: INTENDED USE OF ORGANIZATION'S ENDOWMENT FUNDS: ANNUAL DISTRIBUTION OF 3.5% OF TRAILING 12 QUARTER MARKET VALUE TO PURCHASE EQUIPMENT, FUND SCHOLARSHIPS AND SUPPORT MEDICAL CENTER SERVICES AND PROGRAMS. PART X, LINE 2: FIN 48 (ASC 740) THE SYSTEM FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTIES IN INCOME TAX POSITIONS WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE SYSTEM DOES NOT BELIEVE ITS CONSOLIDATED FINANCIAL STATEMENTS INCLUDE ANY MATERIAL UNCERTAIN TAX POSITIONS. BEACH BASH 268218 17788 250430 70391 45945 BEACH BALL 315723 20098 295625 3500 61937 114089 3 524831 2635 522196 14258 145437 1108772 40521 1068251 3500 146586 305471 455557 612694 1 BEEBE MEDICAL CENTER INC 424 SAVANNAH ROAD LEWES DE 19958 510067938 501(C)(3) 10500715 0 EQUIPMENT & SERVICES SUSSEX COUNTY COUNCIL PO BOX 589 GEORGETOWN DE 19947 516000161 GOVERNMENT 15750 0 MOBILE INTEGRATIVE HEALTH 2 0 BEEBE MEDICAL CENTER - NURSING SCH UNDER $5K 21 26700 SCHOLARSHIPS & AWARDS BEEBE MEDICAL CENTER - NURSING EXAM FEES 30 12000 NCLEX STUDENT EXAM FEES SCHEDULE I, PART II GRANTS TO BEEBE MEDICAL CENTER, INC. DONATIONS RECEIVED THAT ARE RESTRICTED FOR A SPECIFIC PURPOSE ARE RECORDED IN TEMPORARILY RESTRICTED FUND ACCOUNTS FOR THAT PURPOSE. MEDICAL CENTER DEPARTMENT DIRECTORS REQUEST FUNDS FOR EQUIPMENT AND SERVICES. REQUESTS ARE APPROVED BY THE VICE PRESIDENTS AND PRESIDENT/CEO AND ARE SUBMITTED TO THE FOUNDATION BOARD OF DIRECTORS FOR APPROVAL TO DISBURSE. EQUIPMENT, DIAGNOSTIC SERVICES AND PROGRAMS ARE PAID BY BEEBE MEDICAL CENTER AND BILLED TO THE FOUNDATION FOR REIMBURSEMENT. NURSING SCHOLARSHIPS ARE AWARDED ANNUALLY FROM RESTRICTED DONATIONS, TRUST INCOME AND ENDOWMENT SPENDING ALLOCATIONS. BEEBE SCHOOL OF NURSING HAS SCHOLARSHIP CRITERIA BASED ON MERIT OR FINANCIAL NEED OF STUDENTS. A SELECTION COMMITTEE REVIEWS APPLICATIONS AND AWARDS SCHOLARSHIP AMOUNTS TO STUDENTS BASED ON MEETING THE CRITERIA AND THE AMOUNT OF FUNDS AVAILABLE. X X X X 1 0 0 0 0 0 0 0 0 DAVID TAM MD DIRECTOR/BMC PRESIDENT & CEO 0 848670 0 179250 0 14502 0 5800 0 32576 0 1080798 0 0 JEFFREY FRIED FORMER DIRECTOR/ FORMER BMC PRES. & 0 0 0 0 0 696000 0 0 0 0 0 696000 0 0 PAUL PERNICE TREASURER/BMC CFO 0 560643 0 94154 0 22719 0 5800 0 1757 0 685073 0 0 THOMAS PROTACK PRESIDENT, BEEBE MEDICAL FOUNDATION 0 246542 0 38000 0 8954 0 2777 0 10050 0 306323 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS OF BEEBE MEDICAL CENTER, INC. APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. AN INDEPENDENT COMPENSATION CONSULTANT IS UTILIZED TO COMPILE SALARY INFORMATION FOR THIS POSITION. MINUTES OF MEETINGS ARE MAINTAINED TO DOCUMENT DELIBERATION AND DECISIONS. PART I, LINE 4A JEFFREY M. FRIED: 696,000 SCHEDULE J, COL C THERE ARE A FEW INDIVIDUALS WITH A START DATE PRIOR TO 2014 AND THEY ARE INCLUDED IN BEEBE HEALTHCARE'S PENSION PLAN. THE ANNUAL ACCRUALS WERE NOT AVAILABLE AT THE TIME OF FILING. X 3530 416469 FMV X AUCTION ITEMS 72 40521 VALUED BY DONORS 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION A, LINE 6 BEEBE MEDICAL CENTER IS THE SOLE MEMBER OF BEEBE MEDICAL FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A BEEBE MEDICAL CENTER, INC. HAS THE POWER TO APPROVE THE ELECTION OF ANY DIRECTOR OF THE FOUNDATION AND AT LEAST A SIMPLE MAJORITY OF THE FOUNDATION'S BOARD MUST ALSO SERVE ON THE BOARD OF BEEBE MEDICAL CENTER, INC. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTIONS REQUIRE THE APPROVAL OF BEEBE MEDICAL CENTER, INC.: (1) ANY AMENDMENT OF THE FOUNDATION'S CHARTER, CERTIFICATE OF INCORPORATION, OR BYLAWS; (2) ELECTION OR REMOVAL OF ANY DIRECTOR, INCLUDING REPLACEMENT OF DIRECTORS IN THE EVENT OF A VACANCY; (3) ANY SALE OR LEASE OF FOUNDATION PROPERTY THAT HAS BEEN DONATED; (4) ANY BORROWING ON BEHALF OF THE FOUNDATION; AND (5) DISSOLUTION OF BEEBE MEDICAL FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED INTERNALLY BY MANAGEMENT OF BEEBE MEDICAL CENTER, INC. THE RETURN IS REVIEWED BY A THIRD PARTY ACCOUNTING FIRM, GRANT THORNTON LLP. A COPY OF THE FORM 990 WAS PROVIDED TO THE GOVERNING BODY BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C BEEBE MEDICAL FOUNDATION ADOPTED THE FORMAL WRITTEN CONFLICT OF INTEREST POLICY OF BEEBE MEDICAL CENTER, INC. CONFLICT OF INTEREST STATEMENTS ARE REQUIRED ANNUALLY FOR ALL BOARD MEMBERS, EXECUTIVES AND ALL MANAGEMENT TEAM MEMBERS. NON-MANAGEMENT TEAM MEMBERS ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST STATEMENT UPON HIRE. CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY THE BOARD AND AUDIT COMMITTEE FOR THE EXISTENCES OF ANY ADVERSE INTEREST. IF ANY CONFLICT ARISES THE INTERESTED PARTY IS PROHIBITED FROM PARTICIPATING IN THE DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15B THE BOARD OF DIRECTORS OF BEEBE MEDICAL CENTER AND BEEDE MEDICAL FOUNDATION APPROVE THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES (IF ANY). AN INDEPENDENT CONSULTANT IS UTILIZED TO COMPILE SALARY INFORMATION FOR THIS POSITION. MINUTES OF THE MEETINGS ARE MAINTAINED TO DOCUMENT DELIBERATIONS AND DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. BEEBE MEDICAL CENTER INC 424 SAVANNAH ROAD LEWES DE 19958 510067938 HEALTHCARE DE 501(C)(3) LINE 3 N/A 0 BEEBE PHYSICIAN NETWORK PO BOX 760 LEWES DE 19958 522011066 PHYS SERVICES DE 501(C)(3) LINE 9 BEEBE MED CT 0 PERPETUAL TRUST INVESTMENT DE T 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0