2021-05-17T12:50:46-05:00 2020-06-30 366055558 GRANT THORNTON LLP 2001 MARKET STREET SUITE 700 PHILADELPHIA PA 19103 990 2019-07-01 510319455 BEEBE MEDICAL FOUNDATION BEEB 3026442900 902 SAVANNAH ROAD LEWES DE 19958 PAUL PERNICE CFO 3026442900 2021-05-17 1 ALYCIA SOLECKI P01272637 2155614200 2019 2022-09-23 18:48:47Z JUDY L ALIQUO PRESIDENT 902 SAVANNAH ROAD LEWES DE 19958 8274161 0 X WWW.BEEBEFOUNDATION.ORG X 1989 DE THE MISSION OF BEEBE MEDICAL FOUNDATION IS TO IDENTIFY AND SECURE PHILANTHROPHIC SUPPORT AND INTEREST OF THE GREATER BEEBE HEALTHCARE COMMUNITY. 21 19 10 200 0 0 6799922 7309189 0 0 458252 512690 651020 235270 7909194 8057149 230529 12726498 0 0 1006434 1082171 79800 39900 1224510 359185 388870 1675948 14237439 6233246 -6180290 37824843 31976716 274855 461949 37549988 31514767 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 11008420 11008420 BEEBE MEDICAL FOUNDATION FUNDED CAPITAL EQUIPMENT PURCHASES FOR BEEBE MEDICAL CENTER AS FOLLOWS: $1,932,581 CAPITAL RENOVATIONS; $4,998 NEW RESPIRATORY CHAIRS; $190,794 COVID19 CAPITAL PURCHASES; $7,537,679 CAPITAL EXPANSION; $6,300 CARDIOVASCULAR AFI STRAIN/ECHO MACHINE; $18,215 DIAGNOSTIC IMAGING AUTOMATIC DOORS; $1,160,912 LEWES CAMPUS IMPROVEMENTS; $22,189 6X LEWES EMERGENCY DEPARTMENT STRETCHERS; $51,340 PHYSICIANS LOUNGE RENOVATIONS; $21,371 MARGARET H. ROLLINS SCHOOL OF NURSING LCD PROJECTOR & SCREEN; $62,040 RESPIRATORY DEPARTMENT VAPOTHERM OXYGEN SYSTEM 1539881 1539881 BEEBE MEDICAL FOUNDATION FUNDED EXPENSES FOR OPERATIONAL EXPENSES MANAGED BY BEEBE MEDICAL CENTER AS FOLLOWS: $1,487,319 COVID19 OPERATIONAL EXPENSES; $19,750 SOFTWARE UPDATE; $10,706 VOLUNTEER SERVICES; $10,463 ONCOLOGY COMMUNITY EVENTS; $9,555 SCHOOL OF NURSING PROFESSIONAL CONFERENCES; $2,089 POPULATION HEALTH EXPENSES 124983 124983 BEEBE MEDICAL FOUNDATION FUNDED EXPENSES FOR PROGRAMS MANAGED BY BEEBE MEDICAL CENTER AS FOLLOWS:$62,176 CRUSH CORONA CAMPAIGN; $24,687 MARGARET H. ROLLINS SCHOOL OF NURSING - STUDY ABROAD PROGRAM; $32,195 MOBILE INTEGRATED HEALTH, TRAINING & PARAMEDIC SERVICES; $3,357 REACH OUT AND READ PROGRAM; $1,670 POPULATION HEALTH PATIENT SPECIAL NEEDS; $898 PALLIATIVE CARE READING MATERIALS 53214 53214 OTHER EXPENSES: $31,200 SCHOOL OF NURSING SCHOLARSHIPS; $20,000 TUNNELL CANCER CENTER SPECIAL NEEDS PROGRAM; $2,014 KOMEN/BREAST CANCER PROGRAM. 53214 53214 12726498 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 1 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 10 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 X 21 19 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 CT DC FL MD NJ NY PA VA X JUSTEN ALBRIGHT 3026442900 902 SAVANNAH ROAD LEWES DE 19958 JEFFREY FRIED FORMER PRESIDENT CEO 0.00 0.00 X 0 884608 7191 RICK SCHAFFNER EX-OFFICIO MEMBER 1.00 43.00 X 0 634690 31652 PAUL PERNICE TREASURER 1.00 43.00 X X 0 631249 7272 JUDY ALIQUO PRESIDENT (END DEC 2019) 40.00 1.00 X 325608 0 29054 DAVID TAM MD DIRECTOR/ BMC PRESIDENT CEO 1.00 0.00 X X 0 0 0 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 TED BECKER EMERITUS MEMBER 1.00 0.00 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 DAVID HERBERT EX-OFFICIO MEMBER 1.00 2.00 X 0 0 0 JOE HUDSON EMERITUS MEMBER 1.00 0.00 X 0 0 0 LYNN KOKJOHN DIRECTOR 1.00 0.00 X 0 0 0 NANCY LEVENSON DIRECTOR 1.00 0.00 X 0 0 0 ALAN LEVIN DIRECTOR 1.00 0.00 X 0 0 0 ROBERT MOORE EMERITUS MEMBER 1.00 0.00 X 0 0 0 PAUL MYLANDER EMERITUS MEMBER 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 WILLIAM SWAIN LEE DIRECTOR 1.00 0.00 X 0 0 0 KHALIL SALIBA 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 BRADLEY L TRAVIS JR EX-OFFICIO MEMBER 1.00 0.00 X 0 0 0 325608 2150547 75169 2 1 1 0 0 25737 1298088 5985364 25737 7309189 512690 512690 350806 25737 217012 133794 133794 TRUST INCOME 900099 101476 101476 101476 8057149 0 0 747960 12695298 12695298 31200 31200 515951 92871 423080 553604 133290 420314 12616 4193 8423 39900 39900 50925 50925 234438 34098 200340 46999 16819 30180 15445 945 14500 6136 1134 5002 4389 2413 1976 668 668 DONOR CULTIVATION 29870 29870 14237439 12726498 286431 1224510 844776 1277525 7841237 6452974 58875 9762 69050 66252 3465 2798 29076490 24233657 0 0 0 0 0 0 37824843 31976716 274855 461949 0 0 0 0 274855 461949 X 4020708 4103770 33529280 27410997 37549988 31514767 37824843 31976716 X -6180290 335253 -190184 X 0 1 X 1 0 X X 1 BEEBE MEDICAL CENTER INC 510067938 3 0 12590686 0 1 12590686 0 2315848 4501019 14593972 6799922 7309189 35519950 2315848 4501019 14593972 6799922 7309189 35519950 35519950 392988 292367 256444 458252 512610 1912661 762171 852838 784902 984170 101476 3485557 40918168 0.86810 0.84670 X 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 6 DETAIL OF OTHER SUPPORT THROUGH A GRANT FROM SUSAN G. KOMEN, THE TUNNELL CANCER CENTER PARTNERS WITH BEEBE MEDICAL CENTER AND NANTICOKE MEMORIAL HOSPITAL TO PROVIDE BREAST CANCER SERVICES IN SUSSEX COUNTY TO LOW INCOME WOMEN. THIS SERVICE INSURES THAT THESE WOMEN OBTAIN THE SCREENING AND SUBSEQUENT TREATMENT THAT THEY WOULD OTHERWISE NOT RECEIVE. SOUTHERN DELAWARE IMAGING AND DELMARVA RADIOLOGY ARE UNTILIZED AND REIMBURSED FOR READING THE TESTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9838772 125521 1426633 239179 11151747 7439153 2041875 574329 216585 9838772 6923477 99150 615755 199229 7439153 5857316 60679 1226185 220703 6923477 5731759 83790 138831 97064 5857316 0.36330 0.38840 0.24830 0 0 0 0 69050 66252 2798 0 2798 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. AT JUNE 30, 2020, THE SYSTEM S TAX YEARS ENDED JUNE 30, 2017 THROUGH 2020 FOR THE FEDERAL TAX JURISDICTION REMAIN OPEN. X X X X X X 1 GOBEL GROUP 200 OLD FORGE LANE SUITE 202 KENNETT SQUARE PA 19348 CONSULTANT 0 0 39900 -39900 39900 -39900 CT DC FL MD NJ NY PA VA BEEBE BALL 257026 9725 247301 81240 62315 J&J 65726 16012 49714 42663 3 53791 53791 250 30544 376543 25737 350806 250 81240 135522 217012 133794 1 BEEBE MEDICAL CENTER INC 424 SAVANNAH ROAD LEWES DE 19958 510067938 501(C) (3) 12590686 EQUIPMENT & SERVICES SUSSEX COUNTY COUNCIL PO BOX 589 GEORGETOWN DE 19947 516000161 501(C) (3) 19055 TRAINING & PARAMEDIC SERVICES 2 0 BEEBE MEDICAL CENTER - NURSING SCH UNDER $5K 21 26200 SCHOLARSHIPS & AWARDS BEEBE MEDICAL CENTER - NURSING SCH < $5K 1 5000 SCHOLASTIC AWARD 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 1 0 JEFFREY FRIED FORMER PRESIDENT CEO 0 186607 0 50000 0 648001 0 3748 0 3443 0 891799 0 0 RICK SCHAFFNER EX-OFFICIO MEMBER 0 483346 0 71905 0 79439 0 5569 0 26083 0 666342 0 0 PAUL PERNICE TREASURER 0 453523 0 82241 0 95485 0 5600 0 1672 0 638521 0 0 JUDY ALIQUO PRESIDENT (END DEC 2019) 231115 0 91384 0 3109 0 25000 0 4054 0 354662 0 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 LINE 4A: JEFFREY M. FRIED: 464,000 PART I, LINE 7 EXECUTIVES AND MANAGEMENT TEAM MEMBERS ARE ELIGIBLE FOR BONUSES IF THEY MEET SPECIFIC ORGANIZATIONAL OBJECTIVES INCLUDING QUALITY AND SAFETY ISSUES, PATIENT SATISFACTION SCORES, AND CERTAIN FINANCIAL GOALS. FOR VICE PRESIDENTS, 80% OF THEIR ELIGIBLE INCENTIVE IS BASED UPON ORGANIZATION - WIDE GOALS AND 20% IS BASED UPON INDIVIDUAL GOALS. FOR THE CEO, 100% OF THE ELIGIBLE INCENTIVE IS BASED UPON ORGANIZATION - WIDE OR TEAM GOALS. CERTAIN PHYSICIANS ARE ELIGIBLE FOR AN INCENTIVE BASED ON THE PHYSICIAN'S INDIVIDUAL PRACTICE NUMBER OF WORKED RVU'S. X AUCTION ITEMS 24 25737 VALUED BY DONORS 0 1 0 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. FORM 990, PART VI, SECTION B, LINE 15A 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. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER ADJUSTMENTS -190,184. FORM 990, PART XI, LINE 9: CHARITABLE REMAINDER UNITRUST VALUATION WRITE OFF OF DIFFERENCE RECORDED AND RECEIVED $(143,610) 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 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0