2021-02-04T12:57:28-06:00 2020-06-30 651083521 Holyfield & Thomas LLC 125 Butler Street West Palm Beach FL 33407 990 2019-07-01 592391119 Palm Healthcare Foundation Inc PALM 5618336333 700 South Dixie Highway No 205 West Palm Beach FL 33401 Patrick McNamara CEO/President 5618336333 2021-02-02 1 Scott Y Haynes P01366363 5616896000 2019 2022-09-23 18:48:47Z Patrick McNamara 700 South Dixie Highway No 205 West Palm Beach FL 33401 48998407 0 X http://www.palmhealthfoundation.org/ X 1984 FL The Foundation inspires and funds solutions for better health through community collaboration. 17 17 14 85 1561431 0 2178136 830999 24554 65339 4305080 3763146 -640082 -342249 5867688 4317235 2084777 2326346 0 0 1213557 1374833 0 0 356748 1520914 1182306 4819248 4883485 1048440 -566250 88269201 86568498 1554227 1713761 86714974 84854737 With donor support the Foundation works to build a culture of health by addressing social, environmental and economic factors that impact health, encouraging residents to adopt healthy lifestyles, advancing brain health and strengthening the health professions. 0 0 4068842 2326346 65339 The Foundation's Healthier Together initiatives develop new networks to address the social determinants of health in neighborhoods and narrow health disparities. Its community health campaigns provide residents with education and activities to help them adopt healthy lifestyles. It's brain health work supports innovation to improve the behavioral health system of care for children and families. Scholarships for health professionals support quality of care and innovation in care delivery. 4068842 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 23 0 1 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X Christina Perron Dir of Finance 5618336333 700 S Dixie Highway West Palm Beach FL 33401 Dr Alina Alonso Immediate Past Chair 2.00 X X 0 0 0 Denise Bober Chair 2.00 X X 0 0 0 Greg Quattlebaum Secretary 2.00 X X 0 0 0 Dave Wisehaupt Vice Chair & Treasurer 1.00 X X 0 0 0 Ruth Schwarkopf Trustee 1.00 X 0 0 0 Nat Nason Trustee 1.00 X 0 0 0 Jay Shearouse III Trustee 1.00 X 0 0 0 Andrea Stephenson Trustee 1.00 X 0 0 0 Dr Marsha Fishbane MD Trustee 1.00 X 0 0 0 Ellen Andel Trustee 1.00 X 0 0 0 Ilene Solomon Silber Trustee 1.00 X 0 0 0 Mark Elhilow Trustee 1.00 X 0 0 0 Frances Fisher Trustee 1.00 X 0 0 0 Christine Koehn PhD Trustee 1.00 X 0 0 0 Dr Daniel Lichtstein Trustee 1.00 X 0 0 0 Clarence Williams Trustee 1.00 X 0 0 0 Barbara James Trustee 1.00 X 0 0 0 Stephen Zaloom Trustee 1.00 X 0 0 0 Marge Sullivan Vice Pres.-Communications 40.00 X 128966 0 16952 Abigail Goodwin Vice Pres.-Grants & Comm. 40.00 X 118312 0 29619 Patrick J McNamara President & CEO 40.00 X 211940 0 19366 459218 0 65937 3 0 1 0 0 830999 830999 Program Revenue 900099 53266 53266 Event Income 900099 12073 12073 65339 1561431 1561431 143121 533964 -390843 -390843 -390843 46348923 44147208 2201715 2201715 2201715 Change in value-SIA 900099 48594 48594 48594 4317235 65339 1561431 1859466 2326346 2326346 545225 311244 142125 91856 624603 356043 163147 105413 49769 29389 12343 8037 79927 48062 19264 12601 75309 43850 18651 12808 3714 70 3644 34000 644 33356 383358 318018 65340 170033 169870 163 130245 128141 66 2038 40014 19704 10906 9404 78958 30508 48450 136114 4005 131134 975 16498 13516 1038 1944 91496 17352 2585 71559 5208 5208 29439 29439 Miscellaneous 29323 28934 389 Training & Education 18636 17883 753 Donor Recognition 7260 360 6900 Repairs & Maintenance 6237 2900 3337 1773 204903 -232253 29123 4883485 4068842 457895 356748 500 500 1986991 1878277 7500 0 9637 16147 9845878 4088918 6051284 5756960 77496744 76151475 2716545 2765139 88269201 86568498 240272 150190 1279200 1308499 0 222325 34755 32747 1554227 1713761 X 63398466 61442967 23316508 23411770 86714974 84854737 88269201 86568498 -566250 -1293987 0 X X 0 1 X 1 0 X 429355 516378 803335 2178136 830999 4758203 429355 516378 803335 2178136 830999 4758203 369673 4388530 1733856 1650493 1722473 1632337 1704552 8443711 13201914 137729 0.33240 0.31270 X FACTS AND CIRCUMSTANCES explanation:Palm Healthcare Foundation's public support for fiscal year ended June 30, 2020 was 33.24%. The following facts and circumstances support the public charity status of the Foundation for four main reasons: 1) the Foundation's original corpus was funded substantially from broad public sources, and the investment income that impacts the public support percentage (Schedule A, Section C, Line 14) substantially comes from that original public support; 2) the Foundation has always operated a comprehensive fund development program which solicits a broad range of public donors in a number of ways, which includes major giving, annual giving, planned giving, grant-writing, special events and on-line giving; 3) the Foundation's 18 member board of trustees and its seven (7) committees are made up of community members from a variety of geographic locations, industries, ethnic and religious backgrounds and socio-economic levels, representing Palm Beach County as a whole; and 4) the Foundation continues to receive legacy planned giving donations from the public that may be very material, but are unpredictable. 1) Palm Healthcare Foundation, a hospital conversion foundation, was created in July 2001 as the successor to the Good Samaritan Medical Center Foundation and St. Mary's Hospital Foundation when the two not-for-profit hospitals were sold to a for-profit entity. The funds in the hospital foundations, donated from a wide range of public sources including individual donors, other foundations and corporations, formed the original corpus of Palm Healthcare Foundation. At the end of Palm Healthcare Foundation's first fiscal year, the Foundation held $64 million in an investment portfolio for the purposes of supporting the healthcare needs of Palm Beach County residents. From the beginning, the Foundation solicited the public at large for donations to supplement the corpus. Public donations and investment return had allowed Palm Healthcare Foundation to grant more than $83 million. 2) Since its inception, Palm Healthcare Foundation has maintained a continuous program for solicitation of funds from the general public, community and local sponsors. The Foundation employs a senior-level fund development executive who manages a comprehensive solicitation program, including:a. Three annual direct mail pieces are sent to thousands of community members.b. An annual giving program, which was supported by 100% of the Foundation's trustees this fiscal year.c. A yearly nursing appreciation reception with sponsorship opportunities (unfortunately canceled due to Covid19)d. Corporate support to advance brain health, physical fitness, nutrition, and nursing advancement.e. Memorial and tribute giving opportunities. f. Multiple ways to give on-line at www.palmhealthfoundation.org.g. Fundraising ads are placed in the local media outlets including newspaper, radio and event program books.h. Annual reports with donors' stories and ways to give. i. Fund development training for trustees, as well as focus groups, cultivation activities and community events to which trustees bring potential donors. j. Submit several grant applications to local, state and national granting making organizations.This fiscal year, 17 different sources donated $5,000 or more for a total of $525,000. Total contributions and grants equaled more than $830,000 this past year. These donors represent individuals, other foundations, corporations and other organizations from across Palm Beach County.3) Palm Healthcare Foundation's board of trustees consists of a strong, diverse governing body which represents the broad healthcare interests of the residents of Palm Beach County. Trustees represent the following sectors of the community:a. Health Department (government).b. For-profit hospital.c. Local private physician practices.d. Nursing.e. Medical education.f. Corporations.g. Small businesses. h. Legal field.i. Financial industry.j. Banking.k. Not-for-profit healthcare planning organization.l. Law enforcement.m. Retired.In addition, Palm Healthcare Foundation owns and operates the Mollie Wilmot Children's Center at the Palm Healthcare Pavilion on the campus of St. Mary's Medical Center. Thirty-two percent of the office space is provided free of charge to three unrelated not-for-profit organizations as part of the organization's mission to promote healthcare. The three not-for-profit organizations provide services directly for the benefit of the general public. The fair market value of the in-kind rent for the current fiscal year was over $200,000.4) The Foundation continues to receive planned giving bequests which originated from its history of being the successor of a prior not-for-profit hospital foundation. The Foundation has no way of predicting the amount of funds to be received by future donees or bequests. In light of the history of Palm Healthcare Foundation's public support origins and the ongoing commitment to soliciting public support to improve the health and well-being of residents of Palm Beach County, Palm Healthcare Foundation meets the facts and circumstances of the public support test. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7 100700 316467 2499081 1 1 77496744 6146 2075252 3043309 383358 76151475 76261799 150000 5022339 3413654 523740 77496744 70869737 1947125 6694653 2840626 409090 76261799 67109348 8168006 3991071 416546 70869737 71284897 3296000 -752557 6273033 445959 67109348 0.73810 0.26190 0 0 8619594 3540666 5078928 655000 182854 472146 40535 37773 2762 376728 154021 327625 203124 5756960 Other Current Liabilities 32747 32747 X 3223787 -1293987 49933 533964 -710090 3933877 383358 383358 4317235 5084024 49933 533964 583897 4500127 383358 383358 4883485 Part X, Line 2: The Internal Revenue Service has determined that the Foundation is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. However, income from certain activities not directly related to the Foundation's tax-exempt purpose is subject to taxation as unrelated business income. There was no unrelated business income during the year ended June 30, 2020. The Foundation follows FASB ASC Topic 740-10, Accounting for Uncertainty in Income Taxes. This standard seeks to reduce the diversity in practice associated with certain aspects of measurement and recognition in accounting for income taxes. It prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position that an entity takes or expects to take in a tax return. An entity may only recognize or continue to recognize tax positions that meet a "more likely than not" threshold. The Foundation assesses its income tax positions based on management's evaluation of the facts, circumstances, and information available at the reporting date. The Foundation uses the prescribed "more likely than not" threshold when making its assessment. The Foundation did not record any adjustment and did not accrue any interest expense or penalties related to tax positions. There are currently no open federal or state tax years under audit. Part XI, Line 2d - Other Adjustments: Rent expenses 533,964. Part XI, Line 4b - Other Adjustments: Investment Fees 383,358. Part XII, Line 2d - Other Adjustments: Rent expenses 533,964. Part XII, Line 4b - Other Adjustments: Investment expenses 383,358. 1 Ali's Alliance Inc 6671 W Indiantown Road Suite 50-203 50-203 Jupiter FL 33458 800695649 501(C)(3) 5000 Ali's Alliance Alpert Jewish Family & Children Services 5841 Corporate Drive Suite 200 West Palm Beach FL 33407 591520581 501(C)(3) 101400 Mental Health First Aid Area Agency On Aging Of Palm BeachTreasure Coast Inc 4400 North Congress Avenue West Palm Beach FL 33407 650087858 501(C)(3) 7500 CARES Act Match Cancer Alliance of Help & Hope POBox 3292 Palm Beach FL 33480 900101236 501(C)(3) 30000 Cancer Alliance Patient Assistance Caridad Center Inc 8645 W Boynton Beach Blvd Boynton Beach FL 33472 650149423 501(C)(3) 30000 COVID-19 Response Community Child Care Center of Delray Beach Inc 555 NW 4th Street Delray Beach FL 33444 591264435 501(C)(3) 108148 Healthier Together Fiscal Agent Diabetes Coalition of Palm Beach County 2085 Vista Parkway West Palm Beach FL 33411 823062946 501(C)(3) 15000 Diabetes Coaltiion of PBC- General Operating EJS Project 700 West Atlantic Ave Delray Beach FL 33444 471912341 501(C)(3) 25000 COVID-19 SenseMaker Response El Sol Jupiters Neighborhood Resource Center Inc Po Box 7682 Jupiter FL 33468 010870672 501(C)(3) 25000 Sol Neighboirs Helping Neighbors Grant 1 For the Children Inc 1718 S Douglas St Lake Worth FL 33460 650950530 501(C)(3) 35000 Sensemaker COVID-19 Response George Snow Foundation 201 Plaza Real Suite 260 Boca Raton FL 33432 592162597 501(C)(3) 447500 George Snow Scholarships Housing Partnership Inc 2001 W Blue Heron Blvd Riviera Beach FL 33404 592704597 501(C)(3) 643500 Healthier Together Fiscal Agent Jupiter Medical Center Foundation 1210 South Old Dixie Highway Jupiter FL 33458 650132406 501(C)(3) 97500 Healthier Together Fiscal Agent Lake Worth West Resident Planning Group Inc 4730 Maine St Lake Worth FL 33461 650838753 501(C)(3) 15000 Neighbors Helping Neighbors Manifest Network 2275 Palm Beach Lakes Blvd West Palm Beach FL 33409 201489693 501(C)(3) 20000 Sensemaker Collection MorseLife - Morse Geriatric Center 4847 Fred Gladstone Drive West Palm Beach FL 33417 592774476 501(C)(3) 10000 Professional Training Support Palm Beach Atlantic University 901 South Flagler Drive West Palm Beach FL 33416 591092732 501(C)(3) 100000 Volunteer Nurse Corps Pathways to Prosperity 900 N Seacrest Blvd Ocean Ridge FL 33435 273550271 501(C)(3) 261433 Healthier Together Fiscal Agent Rebel Recovery 400 North Congress Ste 130 West Palm Beach FL 33401 815190566 501(C)(3) 7029 Peer Support Sari Center Palm Beach Cancer Institute Foundation 3401 PGA Blvd Suite 200 Palm Beach Gardens FL 33410 592541781 501(C)(3) 50000 Patient Navigation Services South Florida Science Center and Aquarium 4801 Dreher Trail North West Palm Beach FL 33405 590915177 501(C)(3) 73099 South Florida Science Center Marmot Southeast Florida Behavioral Health Network 1070 Indiantown Road Suite 408 Jupiter FL 33477 271871869 501(C)(3) 5000 Recovery-centric and Recovery-oriented System of Care Sovereign Order of St John Jerusalem Knights Hospitaller 500-666 Burrard St Vancouver Vancouver CA 651059871 501(C)(3) 10000 First Hatian Baptist Church Student Aces For Leadership 7750 Arbor Crest Way Palm Beach Gardens West Palm Beach FL 33412 463081102 501(C)(3) 10000 SenseMaker Covid-19 Response T Leroy Jefferson Medical Society 4595 Northlake Blvd Suite 109 Palm Beach Gardens FL 33418 331007795 501(C)(3) 10000 Operational Expenses United Way of Palm Beach County 477 S Rosemary Ave Suite 230 West Palm Beach FL 33401 590683258 501(C)(3) 60000 United Way COVID-19 Response Fund University of Miami Miller School of Medicine 1501 NW 9th Ave PO Box 016690 R-100 R-100 Miami FL 33136 590624458 501(C)(3) 73369 University of Miami Heart Research Part I, Line 2: Evaluation should generate useable information for both the foundation and grant partners; there is an emphasis on learning. Evaluation should document results to share to build credibility and reputation and to build collaboration and attract. Accountability should focus on identifying the goal and meeting milestones. Data are generated through a mix of internal evaluations and assessments, grantee reports, and external evaluations. X X X 0 0 0 0 0 0 0 0 0 Patrick J McNamara President & CEO 211940 0 0 0 0 0 8400 0 10966 0 231306 0 0 0 Form 990, Part VI, Section B, line 11b The Organzation makes its Form 990 available to the board of directors by distributing a copy to each member of the board of trustees prior to filing with the IRS. The board reviews the content and discusses at a regularly scheduled board meeting. A motion is made to approve the filing of the Form 990. Form 990, Part VI, Section B, line 12c The Foundation strictly adheres to the conflict of interest/disclosure policy. Pursuant to the policy, during discussion or debate at scheduled board committee meetings, trustees, employees and volunteers with real, perceived, or potential conflicts of interest must announce those conflicts to the attendees. Trustees, employees, and volunteers who have stated a potential conflict must abstain from the vote, vacate the room while the vote is taken and return after the vote has been decided. The action will be noted in the meeting minutes. Additionally, board members provide a conflict of interest/disclosure form annually in conjunction with the annual meeting. Form 990, Part VI, Section B, line 15 The CEO and key employees compensation is reviewed annually and compared with similar not for profit positions from independent surveys. By recommendation of the executive committee, the board of trustees approves the CEO compensation. In addition, the board approves all employees compensation as detailed in the annual operating budget. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, financial statements available upon request. The annual report is made available on the Organization's website. Part XII Line 2C: Audit Report Review Process: The audit report is reviewed annually at the audit report review meeting as presented by the independent auditors. The process has not changed from the prior year. 5205 Building LLC 5205 Greenwood Avenue West Palm Beach FL 33405 Commercial Rental Property & Programmatic Rent Concessions FL