2021-08-13T14:44:36-05:00 2020-09-30 560574444 CHERRY BEKAERT LLP 200 SOUTH 10TH ST STE 900 RICHMOND VA 23219 990 2019-10-01 541615599 SHELTERING ARMS FOUNDATION SHEL 8047641000 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 JOHN L MCELROY III PRESIDENT 8047641000 2021-08-12 1 AMANDA ADAMS P00748038 8046735700 2019 2022-09-23 18:48:47Z X JOHN L MCELROY III 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 11198951 0 X WWW.SHELTERINGARMS.COM X 1992 VA TO SUPPORT RELATED HOSPITALS TO PROVIDE HEALTHCARE SERVICES. 19 19 0 90 842724 182142 10250216 3269979 0 0 3445586 7928972 0 0 13695802 11198951 10808935 34371930 0 0 0 0 31431 0 1405562 4788529 5921781 15628895 40293711 -1933093 -29094760 202137301 175691612 3038181 2744021 199099120 172947591 X TO SUPPORT SHELTERING ARMS HOSPITAL AND SHELTERING ARMS HOSPITAL SOUTH TO PROVIDE HEALTHCARE SERVICES TO THE COMMUNITIES SERVED BY THE HOSPITALS. 0 0 34486102 34371930 THE SHELTERING ARMS FOUNDATION FUELS THE VISION OF SHELTERING ARMS HOSPITAL AND SHELTERING ARMS INSTITUTE THROUGH COMMUNITY PHILANTHROPIC SUPPORT AND SOUND STEWARDSHIP OF THE SHELTERING ARMS FOUNDATION INVESTMENT PORTFOLIO. NEW PHILANTHROPIC SUPPORT AND INVESTMENT INCOME HELP TO SHAPE THE FUTURE OF PHYSICAL REHABILITATION TO IMPROVE THE QUALITY OF LIFE IN THE COMMUNITIES WE SERVE AND TO REINVENT REHABILITATION FOR A LIFE BEYOND LIMITS. THE VISIONS CAN BE FULFILLED THROUGH YOUR SUPPORT, PARTNERSHIP, AND GIVING POWER. THE SHELTERING ARMS FOUNDATION SUPPORTS CLIENTS AND HELPS THEM TO FIND THEIR POWER TO OVERCOME AT SHELTERING ARMS' TWO INPATIENT HOSPITALS, 10 OUTPATIENT SITES, COMMUNITY-BASED PARTNER FOR LIFE PROGRAMS (CLUB REC DAY RECREATION PROGRAM FOR PEOPLE WITH DISABILITIES; FITNESS AND WELLNESS PROGRAMS SUCH AS NEUROFIT FOR INDIVIDUALS WITH NEUROLOGICAL INJURIES AND ILLNESSES; ADAPTIVE SPORTS PROGRAMS; SUPPORT GROUPS; AND EDUCATION), AND SHELTERING ARMS INSTITUTE. ANNUAL GIVING, PLANNED GIFTS AND CAPITAL CAMPAIGN GIFTS SUPPORT THE ADVANCEMENT OF REHABILITATIVE CARE FOR INDIVIDUALS WITH INJURIES AND ILLNESSES SUCH AS STROKES, TRAUMATIC BRAIN INJURIES, SPINAL CORD INJURIES, PARKINSON'S DISEASE, MS, AMPUTATIONS, AND MORE.GIFTS TO THE SHELTERING ARMS FOUNDATION MEANS MORE ADVANCED, EVIDENCE-BASED PHYSICAL REHABILITATION CARE FOR OUR COMMUNITY. 34486102 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 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 1 1 1 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 VA X JAMES S LITSINGER CFO 8043424340 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 THEODORE W PRICE CHAIRMAN 2.00 5.00 X X 0 0 0 PETER H BOWLES VICE CHAIRMAN 1.00 4.00 X X 0 0 0 GINA BASS DIRECTOR 1.00 0.00 X 0 0 0 ANDY H BENNETT DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL BOR DIRECTOR 1.00 0.00 X 0 0 0 CHARLES M CARAVATI III DIRECTOR 1.00 0.00 X 0 0 0 W BATES CHAPPELL DIRECTOR 1.00 4.00 X 0 0 0 PATRICIA CUSHNIE DIRECTOR 1.00 4.00 X 0 0 0 JEAN HERSHEY DIRECTOR 1.00 0.00 X 0 0 0 BARBARA DUNN DIRECTOR 1.00 4.00 X 0 0 0 LAWRENCE E GIBSON DIRECTOR 2.00 3.00 X 0 0 0 ASHBY R HACKNEY DIRECTOR 1.00 4.00 X 0 0 0 RUSSELL HARPER DIRECTOR 1.00 0.00 X 0 0 0 DIANNE V JEWELL DIRECTOR 1.00 4.00 X 0 0 0 P RICK KELLEY DIRECTOR 1.00 0.00 X 0 0 0 JOYCE F NASH DIRECTOR 1.00 0.00 X 0 0 0 LISA TAYLOR POWELL DIRECTOR 1.00 0.00 X 0 0 0 SUE SCHUTT DIRECTOR 1.00 0.00 X 0 0 0 LATASHA S TURPIN DIRECTOR 1.00 0.00 X 0 0 0 JOHN L MCELROY III FOUNDATION PRESIDENT 40.00 0.00 X 0 274910 31377 JAMES S LITSINGER CFO & TREASURER 5.00 45.00 X 0 348375 31341 KELLY DEL CAMPO MERRICKS SECRETARY 40.00 0.00 X 0 154001 19502 0 777286 82220 0 0 1 0 GLOBAL ENDOWMENT MANAGEMENT 550 S TRYON STREET SUITE 3500 CHARLOTTE NC 28202 INVESTMENT MANAGEMENT 936427 1 3269979 3269979 4040970 697170 3343800 3888002 0 3888002 3888002 145554 3742448 11198951 0 842724 7086248 34371930 34371930 3288 3288 867741 867741 200402 200402 24369 24369 62666 62666 21464 21464 394 394 14266 14266 95507 95507 812 812 INVESTMENT EXPENSES 3399505 3399505 SHARED SERVICES 1055724 134801 920923 EVENTS 43133 43133 132510 18665 113845 40293711 34486102 4402047 1405562 7381392 1429328 7463451 5626586 15677 4681455 30306 4620553 4651149 182656228 163984549 202137301 175691612 6451 35495 3031730 2708526 3038181 2744021 X 186101522 167158488 12997598 5789103 199099120 172947591 202137301 175691612 -29094760 2943231 0 X 0 1 X 1 0 X 2029641 1900050 2673733 10250216 3269979 20123619 2029641 1900050 2673733 10250216 3269979 20123619 1761710 18361909 3816926 2662811 450384 2415801 3343800 12689722 69151 247287 841724 1158162 33971503 0.54050 X PART I - REASON FOR PUBLIC CHARITY STATUS: THE FOUNDATION IS CLASSIFIED AS TYPE II SUPPORTING ORGANIZATION WITHIN THE MEANING OF IRC SECTION 509(A)(3). THE FOUNDATION IS ALSO DESCRIBED IN IRC SECTION 170(B)(1)(A)(VI). IN ORDER TO USE THE SPECIAL RULE FOR PURPOSES OF SCHEDULE B REPORTING, THE FOUNDATION HAS CHECKED THE BOX FOR LINE 7 AND COMPLETED PART II. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4648167 4648167 14288 11306 2982 19000 19000 0 4651149 PRIVATE INVESTMENT FUNDS 163984549 F 163984549 X PART X, LINE 2: THE CORPORATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE IRC. GAAP REQUIRES THE CORPORATION'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CORPORATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE CORPORATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE CORPORATION'S MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR AN ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE CORPORATION IS SUBJECT TO AUDIT BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 1 SHELTERING ARMS HOSPITAL 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 540505955 501(C)(3) 14196895 OPERATING EXPENSES AND CAPITAL IMPROVEMENTS SHELTERING ARMS CORPORATION 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 541615598 501(C)(3) 20173262 EQUIPMENT AND CAPITAL PROJECT 2 0 PART I, LINE 2: THE ORGANIZATION MAINTAINS RECORDS OF ALL GRANTS GIVEN. FOR GRANTS MADE TO RELATED ORGANIZATIONS, THE CLOSE RELATIONSHIP BETWEEN THE ORGANIZATIONS SERVES TO MONITOR THE USE OF THE FUNDS. FOR GRANTS MADE TO OTHER COMMUNITY PROGRAMS, NO FURTHER MONITORING IS DEEMED NECESSARY DUE TO THE RELATIVELY MODEST AMOUNT OF THE GRANTS AND THE REPUTATION OF THE GRANTEES FOR PROVIDING AID TO POPULATIONS IN NEED OF ASSISTANCE. 0 0 0 0 0 0 0 0 0 JOHN L MCELROY III FOUNDATION PRESIDENT 0 255910 0 19000 0 0 0 12500 0 18877 0 306287 0 0 JAMES S LITSINGER CFO & TREASURER 0 250457 0 97918 0 0 0 12500 0 18841 0 379716 0 0 KELLY DEL CAMPO MERRICKS SECRETARY 0 134001 0 20000 0 0 0 7862 0 11640 0 173503 0 0 SCHEDULE J, PART I, LINE 1: JOHN MCELROY, PRESIDENT OF THE FOUNDATION IS EMPLOYED BY SHELTERING ARMS HOSPITAL, A RELATED ORGANIZATION. AS PART OF HIS COMPENSATION ARRANGEMENT, THE HOSPITAL HAS HISTORICALLY PAID SOCIAL CLUB DUES ON HIS BEHALF AND TREATED THE VALUE OF THE DUES AS TAXABLE COMPENSATION TO HIM. THIS ARRANGEMENT CEASED IN MARCH OF 2020. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE MEMBER, THE RELATED ORGANIZATION SHELTERING ARMS CORPORATION, EIN 54-1615598. FORM 990, PART VI, SECTION A, LINE 7A SHELTERING ARMS CORPORATION AS SOLE MEMBER HAS THE POWER TO APPOINT THE BOARD OF SHELTERING ARMS FOUNDATION PER THE ORGANIZATION BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 AND APPLICABLE ATTACHMENTS WAS PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS OF THE RELATED ORGANIZATION SHELTERING ARMS HOSPITAL AND TO ALL BOARD MEMBERS OF THE SHELTERING ARMS FOUNDATION, EITHER IN ELECTRONIC FORMAT OR BY MAIL. AN OPEN COMMENT AND QUESTION PERIOD WAS WELCOMED TO DIRECT ANY QUESTIONS OR COMMENTS BEFORE FILING THE FORM 990 AND ITS RELATED ATTACHMENTS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN A COPY OF THE CONFLICT-OF-INTEREST POLICY ANNUALLY. ANY CONFLICTS ARE DISCLOSED AT THAT TIME, AND THE SIGNED POLICY IS KEPT ON FILE BY THE ORGANIZATION. THE DIRECTOR WITH THE CONFLICT MUST ABSTAIN FROM VOTING ON ANY MATTER THAT RELATES TO THE IDENTIFIED CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVES LISTED ARE EMPLOYEES OF THE RELATED ORGANIZATION SHELTERING ARMS HOSPITAL, AND THEIR COMPENSATION IS REVIEWED AND APPROVED AT A FORMAL MEETING OF THE INDEPENDENT COMPENSATION COMMITTEE OF SHELTERING ARMS HOSPITAL. THE COMPENSATION COMMITTEE EVALUATES PERFORMANCE, COMPENSATION SURVEYS, AND CONTRACT TERMS AND CONDITIONS ANNUALLY BEFORE DETERMINING AND RECOMMENDING COMPENSATION. ALL COMPENSATION COMMITTEE DISCUSSIONS ARE DOCUMENTED IN FORMAL MINUTES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, SHELTERING ARMS FOUNDATION WILL MAKE AVAILABLE FOR PUBLIC INSPECTION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, RELATED POLICIES, AND FINANCIAL STATEMENTS. SAF LAND HOLDINGS LLC 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 HOLD REAL ESTATE VA 0 4648167 SHELTERING ARMS FOUNDATION SHELTERING ARMS HOSPITAL 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 540505955 PHYSICAL REHABILITATION VA 501(C)(3) LINE 3 SHELTERING ARMS CORPORATION 0 SHELTERING ARMS HOSPITAL SOUTH 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 352258075 PHYSICAL REHABILITATION VA 501(C)(3) LINE 3 SHELTERING ARMS CORPORATION 0 PALMYRA REHABILITATION CORPORATION 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 541615601 PHYSICAL REHABILITATION VA 501(C)(3) LINE 12B, II SHELTERING ARMS CORPORATION 0 SHELTERING ARMS CORPORATION 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 541615598 PHYSICAL REHABILITATION VA 501(C)(3) LINE 12B, II N/A 0 SAF INVESTMENT HOLDINGS LP 550 S TRYON STREET SUITE 3500 CHARLOTTE NC 28202 383943959 INVESTMENT HOLDINGS NC SHELTERING ARMS FOUNDATION EXCLUDED 5359586 173094668 0 842740 0 1.00000 0 1 0 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 1 SAF INVESTMENTS HOLDINGS LP S 25390000 CASH