2021-11-15T11:56:30-06:00 2020-12-31 ERNST & YOUNG US LLP 101 E WASHINGTON ST STE 910 PHOENIX AZ 85004 990 2020-01-01 856016041 Presbyterian Healthcare Foundation % KEVIN NOWELL CPA PRES 5059236101 PO BOX 26666 ALBUQUERQUE NM 871256666 James Noble CFO, PHS 5059236101 2021-11-14 true JAMES NOBLE 999009999 PATRICK SHIELDS P01508556 6023323000 2 2020 2022-09-23 18:48:47Z Dale Maxwell PO BOX 26666 ALBUQUERQUE NM 871256666 59702328 false X WWW.PHS.ORG X 1968 NM See Schedule O 36 31 0 36 0 0 6448849 7126815 0 0 2816379 5647560 44003 123887 9309231 12898262 4017716 3641629 0 0 1731520 1741967 0 0 1051999 1154196 1141626 6903432 6525222 2405799 6373040 110386677 121777890 535794 558450 109850883 121219440 X RAISE AND STEWARD FUNDS NECESSARY TO IMPROVE HEALTH AND LIVES IN COMMUNITIES SERVED BY PRESBYTERIAN HEALTHCARE SERVICES, A 501(C)(3) ORGANIZATION, PROVIDING HEALTHCARE SERVICES TO COMMUNITIES IN NEW MEXICO. false false 1349353 1349353 0 IN RESPONSE TO THE COVID-19 GLOBAL PANDEMIC, PHF LAUNCHED A NEW COVID-19 RESPONSE FUND IN 2020. FOUNDATION DOLLARS WERE HELPFUL IN FILLING FUNDING GAPS FOR PRIORITY NEEDS INCLUDING TELEHEALTH EQUIPMENT, SANITATION EQUIPMENT AND SUPPLIES, AGENCY NURSING SUPPORT AND MEALS FOR FRONTLINE CARE TEAMS, AMONG OTHER THINGS. THE COVID-19 RESPONSE FUND RAISED MORE THAN $926,000 FROM 810 DONORS, SUPPLEMENTED BY PHF UNRESTRICTED FUNDS TO SUPPORT A TOTAL INVESTMENT OF $1,349,353 IN 2020 FOR NEEDS THROUGHOUT PRESBYTERIAN, INCLUDING CLINICS, HOSPITALS AND ALBUQUERQUE AMBULANCE. THE FOUNDATION ALSO RECEIVED IN-KIND GIFTS TOTALING MORE THAN $300,000 PRIMARILY IN THE FORM OF PPE AND OTHER SUPPLIES, AND MEALS AND SNACKS FOR FRONTLINE PROVIDERS AND STAFF. 314000 314000 0 FUNDRAISING TO SUPPORT THE OPENING OF THE PRESBYTERIAN SANTA FE MEDICAL CENTER IN 2018 YIELDED PLEDGE PAYMENTS OF $314,000 IN 2020 TOWARD CONSTRUCTION, EQUIPMENT AND FURNISHINGS, SUPPORTING THE CONTINUED GROWTH OF THE FACILITY SERVING SANTA FE AND NORTHERN NEW MEXICO. 168909 168909 0 IN KEEPING WITH OUR HISTORICAL PRIORITIES, PHF PROVIDED CONSIDERABLE SUPPORT FOR NURSING/STAFF EDUCATION, PATIENT ASSISTANCE AND EQUIPMENT NEEDS. DOLLARS SPENT IN 2020 FOR THESE AREAS TOTAL $187,131 (IN ADDITION TO SPECIFIC LINE ITEMS BELOW). EDUCATIONAL DOLLARS FOR NURSES AND OTHER STAFF HELPED FUND CERTIFICATION AND SCHOLARSHIP PROGRAMS, AND COVID-19 UPDATES AND RESOURCES. PATIENT ASSISTANCE FUNDS HELPED FAMILIES WITH URGENT NEEDS LIKE UTILITY BILLS, TRANSPORTATION, LODGING AND MEALS, AND ITEMS TO MAKE THE CARE EXPERIENCE MORE COMFORTABLE. PHF FUNDS ALSO HELPED TO PURCHASE NEW EQUIPMENT, SUPPORTING THE PROVISION OF SAFE AND HIGH-QUALITY PATIENT CARE. 1987607 1809367 0 3819869 true true false false false false false false false true true false false false true true true true false false false false false false true false false true false true false false false false false false false false true true false false false true true false false false true 1 1 true 0 false false false false false true true false false false false false false X 36 31 false false false false false true true true true false false false true true true true true false false false NM X KEVIN NOWELL CPA 5059236101 9521 SAN MATEO BLVD NE ALBUQUERQUE NM 871132237 DALE C MAXWELL EX-OFFICIO DIRECTOR 1.0 0.0 X X 0 2223304 358255 DANIEL FRIEDMAN MD DIRECTOR 1.0 0.0 X 0 558426 122483 CHRISTOPHER SPENCER DIRECTOR, TREASURER 1.0 0.0 X X 0 334662 36863 RICHARD J SCOTT PRESIDENT 40.0 0.0 X 0 301930 44503 JENNIFER CULVER MD DIRECTOR 1.0 0.0 X 0 27333 13349 KIRBY JEFFERSON EX-OFFICIO DIRECTOR 1.0 1.0 X 0 10500 0 ELIZABETH ALLBRIGHT DIRECTOR 1.0 0.0 X 0 0 0 KYLE ARMSTRONG DIRECTOR 1.0 0.0 X 0 0 0 NATHAN ARMSTRONG DIRECTOR 1.0 0.0 X 0 0 0 JULIA B BOWDICH DIRECTOR 1.0 0.0 X 0 0 0 V SUE CLEVELAND EdD DIRECTOR, CHAIR ELECT 1.0 0.0 X 0 0 0 JEANNINE DANIELS DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL DEXTER DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL D FRECCIA DIRECTOR 1.0 0.0 X 0 0 0 CHOUDARY GANGA MD DIRECTOR 1.0 0.0 X 0 0 0 HELEN GREVEY DIRECTOR / SECRETARY 1.0 0.0 X X 0 0 0 JANE GULLEY RN DIRECTOR 1.0 0.0 X 0 0 0 ANDREA HANSON DIRECTOR, PAST CHAIR 1.0 0.0 X 0 0 0 JAMES HAYNES DIRECTOR 1.0 0.0 X 0 0 0 JAY HILL DIRECTOR 1.0 0.0 X 0 0 0 RENEE HOLLAND DIRECTOR 1.0 0.0 X 0 0 0 MARGARET JORGENSEN DIRECTOR 1.0 0.0 X 0 0 0 ROBERT A JUNG DIRECTOR 1.0 0.0 X 0 0 0 BART KINNEY III DIRECTOR 2.0 0.0 X 0 0 0 W ROBERT LASATER DIRECTOR, CHAIR 1.0 0.0 X 0 0 0 ROBERT F MELENDEZ MD DIRECTOR 1.0 0.0 X 0 0 0 SHIRLEY MORRISON DIRECTOR 1.0 0.0 X 0 0 0 STEVE NAKAMURA DIRECTOR 1.0 0.0 X 0 0 0 ADRIAN PEREZ DIRECTOR 1.0 0.0 X 0 0 0 SCOTT PIERCE PHD DIRECTOR 1.0 0.0 X 0 0 0 CYNTHIA REINHART DIRECTOR 1.0 0.0 X 0 0 0 JOHN ROCHESTER DIRECTOR 1.0 0.0 X 0 0 0 BARBARA TRYTHALL DIRECTOR 1.0 0.0 X 0 0 0 JEFF VINYARD DIRECTOR 1.0 0.0 X 0 0 0 LORETTA TRAVELI EX-OFFICIO DIRECTOR 1.0 0.0 X 0 0 0 0 3456155 575453 0 false true false 0 541021 120500 6465294 448052 7126815 0 2881484 2881484 0 0 47546 11290 36256 0 36256 36256 49426500 46660424 2766076 2766076 2766076 209063 541021 126892 82171 82171 10920 5460 5460 5460 0 0 0 0 12898262 5771447 3641629 3641629 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1741967 178240 962188 601539 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 396 0 198 198 39226 0 19613 19613 0 0 0 0 0 0 248451 0 248451 0 398031 0 195142 202889 0 0 0 0 67067 0 33534 33533 0 0 0 0 0 0 0 0 90300 0 45150 45150 0 0 0 0 0 0 0 0 14838 0 7419 7419 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CORPORATE ALLOCATION 267051 0 133526 133525 BUSINESS MILEAGE 1138 0 569 569 BUSINESS MEALS 1628 0 814 814 Community Benefit-Admin 13500 0 6750 6750 6525222 3819869 1653354 1051999 0 0 0 1452706 3096006 2739350 2044569 0 0 0 0 0 0 0 0 0 0 0 0 542338 204128 349500 338210 105157948 115555782 0 0 0 0 0 0 687173 743323 110386677 121777890 50086 41058 0 0 0 0 0 0 0 0 0 0 0 0 0 0 485708 517392 535794 558450 X 57155542 61581027 52695341 59638413 109850883 121219440 110386677 121777890 X 6373040 5027916 0 0 0 -32399 X X false true X true false X 3173420 4806615 6754098 6448849 7126815 28309797 0 0 3173420 4806615 6754098 6448849 7126815 28309797 3739665 24570132 2473058 1997958 2454906 2496649 2929030 12351601 68835 61090 26969 87631 244525 14596 0 0 0 0 14596 40920519 0.60044 0.56076 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 89981902 784137 10406994 1040439 2632629 97499965 80188582 834403 13051962 1402523 2690522 89981902 85010180 2919478 -4481917 2578077 681082 80188582 75145005 1187522 12033227 2323244 1032330 85010180 71036246 907855 6218219 813235 2204080 75145005 0.57000 0.30000 0.13000 false false 239358 239358 222230 204128 18102 80750 80750 338210 0 DUE FROM PHS 439830 ANNUITY OBLIGATIONS 77562 517392 X 17931576 5027916 23049 230800 5281765 12649811 248451 248451 12898262 6563020 23049 263200 286249 6276771 248451 248451 6525222 SCHEDULE D, PART V, LINE 4 THE FOUNDATION'S ENDOWMENT FUNDS CONSIST OF APPROXIMATELY 68 INDIVIDUAL DONOR-RESTRICTED FUNDS, ESTABLISHED FOR A VARIETY OF PURPOSES AND DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. THE FOUNDATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR UP TO 6 PERCENT OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OVER THE PRIOR THREE YEARS THROUGH THE CALENDAR YEAR-END PRECEDING THE FISCAL YEAR IN WHICH THE DISTRIBUTION IS PLANNED. SCHEDULE D, PART X, LINE 2 THE FOUNDATION FOLLOWS ASC 740, INCOME TAXES, WHICH PRESCRIBES CRITERIA FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASC 740 ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALITIES, ACCOUNTING IN INTERM PERIODS, DISCLOSURE, AND TRANSITION. AS OF DECEMBER 31, 2020, AND 2019, THE FOUNDATION DETERMINED THAT NO PROVISIONS IS REQUIRED FOR UNCERTAIN TAX POSITIONS. SCHEDULE D, PART XI, LINE 2D RECONCILIATION - OTHER ITEMS FUNDRAISING EXPENSES (OFFSET FUNDRAISING REVENUE) $ 132,352 DEPRECIATION EXPENSE (OFFSET AGAINST RENTAL INCOME) $ 11,290 MISCELLANEOUS $ (28,772) PAYMENTS MADE ON ANNUITY OBLIGATIONS $ ( 9,088) IN KIND REV (TANGIBLE) FUNDRAISING $ 125,018 ------------- TOTAL $ 230,800 SCHEDULE D, PART XII, LINE 2D RECONCILIATION - OTHER ITEMS FUNDRAISING EXPENSES (OFFSET FUNDRAISING REVENUE) $ 251,910 DEPRECIATION EXPENSE (OFFSET AGAINST RENTAL INCOME) $ 11,290 ------------- TOTAL $ 263,200 Laughter 537259 399706 137553 5460 9179 13200 60592 Daffodil Days 212825 141315 71510 38461 0 0 0 0 0 0 0 0 0 0 750084 541021 209063 5460 0 9179 0 13200 99053 126892 82171 NM SEE SUPPLEMENTAL PAGE 9521 SAN MATEO BLVD NE ALBUQUERQUE NM 87113 true Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 1349353 COVID RESPONSE Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 187131 Provide Support, Fund Equipment, Education, and Other Healthcare Activities Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 168909 Community Healthy Living Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 150650 Pathways to Nursing Scholarship Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 116554 Pediatric Chronic Care Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 76961 Pediatric Cadriology Patient Support Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 64541 Homecare Hospice Daffodil Proceeds Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 64263 Pediatric Manikin Clinical Education Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 48258 KH Gown Area Remodel Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 45450 Wireless Hand Rehab Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 44970 Home Sleep Study Units Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 42030 ECMO Equipment Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 40784 Spirit Halloween Proceeds Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 40426 Emergency Patience Assistance Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 38666 EM RAP Subscription Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 31565 KH Radiology Onco Changing Room Remodel Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 31000 SUD Certificaiton Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 30590 Care Fund Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 26342 NICU Equipment Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 26302 RMC Communication Boards Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 25575 NeoNatal ICU Vents Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 25560 Nurse Leadership Program Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 25269 Pride Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 23963 Cancer Patient Assistance Fund Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 22608 NICU Peer Support Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 18704 Pediatric Hem/Onc Program Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 17368 Peds Pulmonary Bronchscope Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 12527 Kaseman Renal Services Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 10264 Care Coordidation Patient Assistance Fund Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 8175 PHS Volunteer Services Program Support Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 7493 Relations Communications Program Presbyterian Healthcare Services-Socorro 1202 Highway 60 West Socorro NM 87801 850105601 501(C)(3) 34119 SGH Hospital Presbyterian Healthcare Services-DCTH 301 E Miel De Luna Ave Tucumcari NM 88401 850105601 501(C)(3) 22109 DCT Hospital Presbyterian Healthcare Services-Santa Fe 4981 Beckner Road Santa Fe NM 87507 850105601 501(C)(3) 314000 SFMC Capital Campaign Presbyterian Healthcare Services-RRMC 2400 Unser Blvd SE Rio Rancho NM 87124 850105601 501(C)(3) 20836 RRMC Capital Campaign Presbyterian Healthcare Services-RRMC 2400 Unser Blvd SE Rio Rancho NM 87124 850105601 501(C)(3) 89075 RMC Cardiovascular Lab Equipment Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501(C)(3) 275978 DONOR VALUED FOOD, ART, JEWELRY CHILD LIFE PROGRAM, CHILDREN'S MEDICAL CENTER AT PRESBYTERIAN, NURSING EDUCATION PROGRAM, PHS COMMUNITY BENEFIT FUND, PHS VOLUNTEER SERVICES, PRESBYTERIAN HEALTHCARE SERVICES, PRIDE DAY Presbyterian Healthcare Services-RRMC 2400 Unser Blvd SE Rio Rancho NM 87124 850105601 501(C)(3) 40747 Donor Valued ART, FOOD, Clothing VARIOUS COMMUNITY PROGRAMS 1 0 SHEDULE I, PART I, LINE 2 ALLOCATIONS ARE REVIEWED AND APPROVED BY THE ALLOCATIONS COMMITTEE OF THE PHF BOARD ON A QUARTERLY SCHEDULE, BASED ON DEADLINES POSTED ON THE PHS WEB SITE AND COMMUNICATED TO LEADERSHIP ACROSS PHS. ALLOCATIONS MUST BE USED WITHIN ONE YEAR OF THE DATE OF THE AWARD. false false false false false false false false false DANIEL FRIEDMAN MD DIRECTOR 0 447164 0 83489 0 27773 0 106059 0 16424 0 680909 0 0 CHRISTOPHER SPENCER DIRECTOR, TREASURER 0 259623 0 63880 0 11159 0 17100 0 19763 0 371525 0 0 DALE C MAXWELL EX-OFFICIO DIRECTOR 0 1402865 0 720009 0 100430 0 336978 0 21277 0 2581559 0 86211 RICHARD J SCOTT PRESIDENT 0 247683 0 43953 0 10294 0 14250 0 30253 0 346433 0 0 SCHEDULE J, PART I, LINE 3 PRESBYTERIAN HEALTHCARE FOUNDATION (PHF) RELIES ON ITS PARENT, PRESBYTERIAN HEALTHCARE SERVICES (PHS), TO ESTABLISH THE COMPENSATION FOR THE PRESIDENT OF PHF. PHS EMPLOYS AN INDEPENDENT COMPENSATION CONSULTANT, A WRITTEN EMPLOYMENT CONTRACT, AND COMPENSATION STUDIES TO ENSURE THE COMPENSATION IS REASONABLE. FINALLY, THE PRESIDENTS COMPENSATION IS APPROVED BY THE PHS CEO, BASED ON GUIDANCE RECEIVED FROM THE PHS BOARD'S INDEPENDENT EXECUTIVE COMPENSATION COMMITTEE. SCHEDULE J, PART II DALE MAXWELL IS A PARTICIPANT IN A RETENTION AGREEEMENT WITH A RELATED ORGANIZATION. IN 2020, $271,702 WAS DEFERRED UNDER THIS AGREEMENT FOR MR. MAXWELL. THIS AMOUNT IS INCLUDED IN THE REPORTED DEFERRED COMPENSATION AMOUNT. ALSO, IN 2020, MR. MAXWELL RECEIVED A VESTED PAYMENT FROM THE RETENTION PLAN OF $86,211. THIS AMOUNT IS REPORTED IN CURRENT COMPENSATION, AS REQUIRED, AND IS ALSO INCLUDED IN COLUMN F OF SCHEDULE J. X 58 82940 VALUED BY DONOR X 1255 VALUED BY DONOR X 243193 VALUED BY DONOR X 8 280 VALUED BY DONOR X 124 88345 VALUED BY DONOR X GIFT CARDS/BASKETS 61 23337 VALUED BY DONOR X JEWELRY 19 8702 VALUED BY DONOR false true false SCHEDULE M, PART I, LINE 31 PRESBYTERIAN HEALTHCARE FOUNDATION (PHF) WILL ACCEPT DONATIONS FOR UNRESTRICTED USE OR FOR ANY SPECIAL FUND THAT HAS BEEN ESTABLISHED, E.G. BUILDING, EQUIPMENT, RESEARCH, PATIENT CARE, SPECIFIC DEPARTMENTS OR HOSPITALS, ETC. PHF MAY ACCEPT A GIFT DESIGNATED FOR A SPECIFIC PURPOSE FOR WHICH NO SPECIAL FUND HAS BEEN ESTABLISHED IF IT IS WITHIN THE SCOPE OF PRESBYTERIAN HEALTHCARE SERVICES', RELATED ORGANIZATION'S, MISSION. SCHEDULE M, PART I, COLUMN (B) PRESBYTERIAN HEALTHCARE FOUNDATION REPORTS THE NUMBER OF ITEMS RECEIVED IN COLUMN (B). FORM 990, PART I, LINE 1 RAISE AND STEWARD FUNDS NECESSARY TO IMPROVE HEALTH AND LIVES IN COMMUNITIES SERVED BY PRESBYTERIAN HEALTHCARE SERVICES, A 501(C)(3) ORGANIZATION, PROVIDING HEALTHCARE SERVICES TO COMMUNITIES IN NEW MEXICO. FORM 990, PART I, LINE 6 IN A NORMAL YEAR, PRESBYTERIAN HEALTHCARE FOUNDATION CONDUCTS SEVERAL FUNDRAISING EVENTS AND NEEDS THE SERVICE OF SEVERAL HUNDRED VOLUNTEERS. HOWEVER, IN 2020, DUE TO COVID-19 QUANRANTINES, OUR FUNDRAISING EVENTS WERE PRIMARILY CONDUCTED ONLINE; WITHOUT THE HELP OF THOSE VOLUNTEERS. VOLUNTEERS ARE AN INTEGRAL PART OF THE SUCCESS OF THESE FUNDRAISING EVENTS. FOR EXAMPLE, DURING DAFFODIL DAYS, VOLUNTEERS ASSIST IN PREPARATION OF FLOWERS FOR SALE AS WELL AS IN PROCESSING AND DELIVERY OF ORDERS. THE WORK INVOLVED IN THIS EVENT SPANS SEVERAL DAYS FROM PREPARATION OF THE FLOWERS TO FINAL SALES AND DELIVERIES. SOME VOLUNTEERS MAY WORK A FEW HOURS, WHILE OTHERS MAY WORK EACH DAY OF THE EVENT. FOR THE LAUGHTER IS THE BEST MEDICINE EVENT, VOLUNTEERS ARE PRIMARILY UTILIZED ON THE DAY OF THE EVENT. VOLUNTEERS ASSIST WITH PREPARATION OF THE EVENT SITE, ORGANIZATION OF AUCTION ITEMS, GUEST REGISTRATION, AND VARIOUS OTHER TASKS. FORM 990, PART III, LINES 4A TO 4C PRESBYTERIAN HEALTHCARE FOUNDATION WAS FOUNDED IN 1968 AS ONE OF THE FIRST 100 HOSPITAL FOUNDATIONS IN THE COUNTRY. MORE THAN 52 YEARS LATER, WE REMAIN COMMITTED TO OUR GOAL OF IMPROVING HEALTH. THROUGHOUT OUR HISTORY, OUR FUNDRAISING HAS BEEN FOCUSED ON FOUR MAJOR AREAS: NURSING/STAFF EDUCATION, PATIENT BASIC NEEDS, PROGRAM SUPPORT AND CAPITAL NEEDS (FACILITY CONSTRUCTION/RENOVATION AND EQUIPMENT). SOMETIMES, CHARITABLE CONTRIBUTIONS PROVIDE CRITICAL SEED FUNDING TO LAUNCH NEW PROGRAMS AND COMPETE FOR EXTERNAL FUNDING - AS WAS THE CASE IN RECENT YEARS WITH NATIONALLY RECOGNIZED NURSING RESIDENCY AND PRESBYTERIAN COMMUNITY HEALTH PROGRAMS. OTHER TIMES, PHILANTHROPY CAN HELP TO LAUNCH AND SUSTAIN PROGRAMS THAT WOULD OTHERWISE BE NON-SUSTAINABLE WITH LIMITED OR NON-EXISTENT CLINICAL REVENUE. A MAJOR FOCUS IN 2020, FOR EXAMPLE, WAS FUNDRAISING FOR CONSTRUCTION OF CENTRAL NEW MEXICO'S FIRST RESIDENTIAL HOSPICE FACILITY, THE PRESBYTERIAN ROBERT WERTHEIM HOSPICE HOUSE, ANTICIPATED TO OPEN IN SPRING 2022. CONSTRUCTION OF THE $3.3 MILLION FACILITY WILL BE FUNDED ENTIRELY WITH PHILANTHROPY. ONGOING FUNDRAISING WILL BE NECESSARY TO FULFILL THE FOUNDATION'S $500,000 ANNUAL OBLIGATION TOWARD OPERATIONS OF THE HOSPICE HOUSE. RECOGNIZING AN URGENT NEED FOR FUNDING DURING THE COVID-19 PANDEMIC, WE LAUNCHED THE COVID-19 RESPONSE FUND IN 2020 TO SUPPORT HEALTHCARE WORKERS, PATIENTS AND FAMILIES AFFECTED BY THE PANDEMIC. OUR FUNDRAISING EFFORTS WERE AUGMENTED WITH A $1 MILLION ALLOCATION OF UNRESTRICTED FUNDS APPROVED BY THE FOUNDATION BOARD OF DIRECTORS. DONATIONS HAVE FUNDED UNMET NEEDS ASSOCIATED WITH PRESBYTERIAN'S COVID-19 RESPONSE. FOUNDATION DOLLARS HAVE BEEN ESPECIALLY HELPFUL IN FILLING FUNDING GAPS FOR PRIORITY NEEDS INCLUDING VENTILATORS AND TELEHEALTH EQUIPMENT, OTHER EQUIPMENT AND SUPPLY NEEDS, AND OTHER SUPPORT FOR FRONTLINE CARE TEAMS. THE COST OF FOUNDATION OPERATIONS HAS BEEN SELF-FUNDED OVER THE PAST 19 YEARS, WHICH ALLOWS 100% OF DONOR GIFTS TO BE DIRECTED TO PROGRAMS WITH NOTHING REDIRECTED TO ADMINISTRATIVE OR FUNDRAISING EXPENSES. IN 2020, THE FOUNDATION RAISED MORE THAN $4.3 MILLION AND PROVIDED NEARLY $3.3 MILLION IN IMMEDIATE FUNDING TO PRESBYTERIAN PROGRAMS. INCLUDED IN THESE AMOUNTS ARE CASH, ESTATE AND IN-KIND CONTRIBUTIONS AND SPECIAL EVENT INCOME. NET ASSETS FOR THE FOUNDATION INCREASED BY $11.3 MILLION. AS OF DECEMBER 2020, NET ASSETS WERE $121 MILLION. GOVERNANCE AND ORGANIZATION: THE FOUNDATION IS GOVERNED BY A 36-MEMBER BOARD OF DIRECTORS. MEMBERS ARE NOMINATED BY THE PHF BOARD GOVERNANCE COMMITTEE AND REFLECT A CROSS-SECTION OF COMMUNITY LEADERS. ALL NOMINATIONS ARE APPROVED BY THE PHF AND PHS BOARD. THE CHAIR OF THE FOUNDATION BOARD IS AN EX- OFFICIO MEMBER OF THE PRESBYTERIAN CENTRAL NEW MEXICO COMMUNITY BOARD OF TRUSTEES. THE FOUNDATION BOARD MEETS FOUR TIMES PER YEAR. INTERIM DECISION-MAKING IS ACCOMPLISHED VIA THE EXECUTIVE COMMITTEE, WHICH CONSISTS OF THE OFFICERS INCLUDING THE BOARD CHAIR, CHAIR ELECT, THE PAST CHAIR, TREASURER, SECRETARY AND PHF PRESIDENT. THE FOUNDATION PRESIDENT ALSO OVERSEES PRESBYTERIAN VOLUNTEER SERVICES PROGRAMS FOR PHS ALBUQUERQUE AND RIO RANCHO FACILITIES. BEFORE THE PANDEMIC, JUST UNDER 1,000 VOLUNTEERS WERE ACTIVE IN 125 SERVICES AREAS, RANGING FROM GIFT SHOPS TO FRONT DESK/GREETER ROLES TO PET THERAPY TO THE EMERGENCY DEPARTMENTS AND INPATIENT UNITS TO COMMUNITY HEALTH, AMONG OTHERS. COMMUNITY BENEFIT: THE FOUNDATION SOLICITS GIFTS FROM INDIVIDUALS, CORPORATIONS AND FOUNDATIONS, AND FACILITATES FUNDRAISING CAMPAIGNS AND SPECIAL EVENTS THROUGHOUT THE YEAR TO RAISE FUNDS FOR SPECIFIC CAUSES AND GENERAL HOSPITAL NEEDS. THESE EFFORTS INCLUDE: . MAJOR AND PLANNED GIFTS: THE FOUNDATION SOLICITS TRANSFORMATIVE GIFTS THROUGH MAJOR AND PLANNED GIVING INITIATIVES. MAJOR GIFTS ARE DEFINED AS SINGLE OR MULTI-YEAR CONTRIBUTIONS OF $10,000 OR MORE AND MAY BE DESIGNATED FOR CAPITAL AND PROGRAM NEEDS. FUNDING CAN BE ESTABLISHED AS IMMEDIATELY EXPENDABLE OR TO CREATE ENDOWMENTS. PLANNED GIFTS ARE MOST OFTEN GIVEN IN THE FORM OF BEQUESTS, AS WELL AS LIFE INSURANCE AND RETIREMENT PLAN BENEFICIARY DESIGNATIONS. IN 2020, MAJOR GIVING TOTALED $3,760,450 AND DOCUMENTED PLANNED GIFTS TOTALED $1,477,141.51. TOGETHER, MAJOR AND PLANNED GIFTS ACCOUNTED FOR 65 PERCENT OF TOTAL DOLLARS RAISED BY THE FOUNDATION. . DAFFODIL DAYS: THIS ANNUAL EVENT IS 38 YEARS OLD. EACH SPRING, WITH THE HELP OF HUNDREDS OF VOLUNTEERS, FRESH DAFFODILS ARE PREPARED AND SOLD THROUGHOUT THE COMMUNITY. PROCEEDS ARE NOW DIRECTED TO OPERATIONS OF THE NEW PRESBYTERIAN ROBERT WERTHEIM HOSPICE HOUSE, SCHEDULED TO OPEN IN 2022. DESPITE THE CANCELLATION OF THE EVENT IN 2020 BECAUSE OF COVID-19 PUBLIC HEALTH RESTRICTIONS, THE OVERWHELMING MAJORITY OF SPONSORSHIP DOLLARS AND FLOWER PURCHASES WERE CONVERTED BY DONORS TO CHARITABLE CONTRIBUTIONS, RESULTING IN NET PROCEEDS OF $132,000. . LAUGHTER IS THE BEST MEDICINE: EACH YEAR, THIS GALA RAISES FUNDS TO SUPPORT A PRIORITY PROJECT OF PRESBYTERIAN HEALTHCARE SERVICES. BECAUSE OF THE COVID-19 PANDEMIC, THE 2020 EVENT WAS ENTIRELY VIRTUAL (DIGITAL BASED). NET PROCEEDS OF $455,000 FROM THE EVENT WILL PROVIDE TOOLS AND RESOURCES TO HELP NURSES, PHYSICIANS AND ADVANCED PRACTICE CLINICIANS OVERWHELMED BY THE PANDEMIC. OPPORTUNITIES TO REDUCE STRESS, RELAX, REJUVENATE AND REDISCOVER THE JOY IN MEDICINE WILL BE THE FOCUS OF THIS FUNDING. . CORNERSTONE CAMPAIGN: THE COMMUNITY CORNERSTONE CAMPAIGN IS OUR ANNUAL FUND DRIVE FOCUSING ON GIFTS OF LESS THAN $10,000 FROM COMMUNITY (NON-EMPLOYEE) DONORS. CORNERSTONE IS THE BACKBONE OF THE FOUNDATION'S FUNDRAISING EFFORTS FOCUSING ON NEW DONOR ACQUISITION AND RETENTION. TWO OF THE CAMPAIGN'S PRIMARY INITIATIVES ARE THE GUARDIAN ANGEL GRATEFUL PATIENT PROGRAM AND THE BI-ANNUAL PHONE CAMPAIGN. IN 2020, CORNERSTONE ACHIEVED ITS HIGHEST TOTAL EVER, RAISING $671,517.06 FOR PROGRAMS, EDUCATION AND EQUIPMENT ACROSS PRESBYTERIAN. CORNERSTONE'S SUCCESS WAS FUELED BY A STRONG RESPONSE TO OUR COVID-19 FUNDRAISING EFFORTS. . PRESGIVING CAMPAIGN: PRESGIVING IS THE ANNUAL CAMPAIGN THROUGH WHICH PRESBYTERIAN EMPLOYEES ARE ENCOURAGED TO GIVE CHARITABLE GIFTS PRIMARILY THROUGH PAYROLL DEDUCTIONS AND PAID TIME OFF. THIS EMPLOYEE CAMPAIGN HAS TWO PRIMARY COMPONENTS: 1) THE RECRUITMENT OF NEW EMPLOYEE DONORS THROUGH THE BRILLIANCE IN THE BASICS ORIENTATION HELD EVERY TWO WEEKS; AND 2) A SIX-WEEK FALL CAMPAIGN CONDUCTED IN PARTNERSHIP WITH UNITED WAY OF CENTRAL NEW MEXICO. IN 2020, PRESGIVING CONTRIBUTIONS TO PHF TOTALED $1,333,678 FOR PROGRAMS AND NEEDS THROUGHOUT PRESBYTERIAN. PHILANTHROPIC IMPACT: GIFTS TO PRESBYTERIAN HEALTHCARE FOUNDATION SUPPORT PROGRAMS, TECHNICAL INNOVATIONS, EDUCATIONAL OPPORTUNITIES, CAPITAL NEEDS (CONSTRUCTION/RENOVATION AND EQUIPMENT) AND PATIENT ASSISTANCE. THE FOUNDATION WORKS WITH HEALTHCARE LEADERSHIP TO IDENTIFY PRIORITY NEEDS. HERE ARE JUST A FEW OF THE WAYS THAT PHILANTHROPY BENEFITED OUR PATIENTS, MEMBERS, PROVIDERS AND STAFF IN 2020: . MORE THAN $1.8 MILLION WAS COMMITTED FOR COVID-19 RESPONSE NEEDS FOR VITAL EQUIPMENT AND SUPPLIES TO SUPPORT OUR FRONTLINE PROVIDERS AND STAFF. . NEARLY $400,000 AWARDED IN SUPPORT OF OUR REGIONAL FACILITIES IN CLOVIS, ESPANOLA, RUIDOSO, SANTA FE, SOCORRO AND TUCUMCARI. . MORE THAN $300,000 TO HELP PATIENTS AND THEIR FAMILIES WITH URGENT NEEDS INCLUDING, TRANSPORTATION, LODGING AND MEALS, AND ITEMS TO MAKE THEIR CARE EXPERIENCE MORE COMFORTABLE. . OVER $280,000 WAS INVESTED IN STAFF EDUCATION AND TRAINING, INCLUDING ONGOING CERTIFICATIONS, SCHOLARSHIPS FOR FURTHER EDUCATION, AND COVID-19 UPDATES AND RESOURCES. SINCE 2017, 680 FOUNDATION-FUNDED NURSING SCHOLARSHIPS HAVE BEEN AWARDED. . 152 PRESBYTERIAN STAFF MEMBERS WERE HONORED WITH THE FOUNDATION'S GUARDIAN ANGEL AWARD RECOGNIZING THEIR DELIVERY OF EXCELLENT CARE. EVERY GUARDIAN ANGEL AWARD SUBMISSION COMES WITH A CHARITABLE GIFT TO PRESBYTERIAN HEALTHCARE FOUNDATION. FORM 990, PART III, LINE 4D 1. COVID RESPONSE $ 1,349,354 2. SANTA FE MEDICAL CENTER $ 314,000 3. NURSING / ECUCATION / EQUIPMENT SUPPORT $ 187,131 CENTER FOR COMMUNITY HEALTH 168,909 PATHWAYS TO NURSING SCHOLARSHIPS 150,650 PEDIATRIC CHRONIC CARE 116,554 RMC CADIOVASCULAR LAB EQUIPMENT 89,075 PEDIATRIC CARDIOLOGY PATIENT SUPPORT 76,961 HOMECARE HOSPICE DAFFODIL PROCEEDS 64,541 PEDIATRIC MANIKIN CLINICAL EDUCATION 64,263 KH GOWN AREA REMODEL 48,258 WIRELESS HAND REHAB 45,450 HOME SLEEP STUDY UNITS 44,970 ECMO EQUIPMENT 42,030 SPIRIT HALLOWEEN PROCEEDS - CHILD LIFE ASSISTANCE 40,784 EMERGENCY PATIENCE ASSISTANCE 40,426 EM RAP SUBSCRIPTION 38,666 SGH HOSPITAL 34,119 KH RADIOLOGY ONCO CHANGING ROOM REMODEL 31,565 SUD CERTIFICATION 31,000 CARE FUND 30,590 NICU EQUIPMENT 26,342 RMC COMMUNICATION BOARDS 26,302 NEONATAL ICU VENTS 25,575 NURSING LEADERSHIP PROGRAM 25,560 PRIDE 25,269 CANCER PATIENT ASSISTANCE FUND 23,963 NICU PEER SUPPORT 22,608 DCT HOSPITAL 22,109 RRMC CAPITAL CAMPAIGN 20,836 PEDIATRIC HEM/ONC PROGRAM 18,704 PEDS PULMONARY BRONCHOSCOPE 17,368 KASEMAN RENAL SERVICES 12,527 CARE COORDINATION PATIENT ASSISTANCE FUND 10,264 PHS VOLUNTEER SERVICES PROGRAM SUPPORT 8,175 RELATIONS COMMUNICATIONS PROGRAM 7,493 HOSPICE BEREAVEMENT 3,886 STROKE CENTER 3,517 PEDIATRIC INFUSION 3,395 WILSON CARDIOLOGY CONFERENCE 3,000 HEALTHPLEX FHL GRANT 2,406 SUBTOTAL "OTHER PROGRAM SERVICE EXPENSES" (OTHER THAN 3 LARGEST PROGRAM SERVICES FOR 2019): $1,468,110 FORM 990, PART V, LINE 2A THIS ENTITY DOES NOT HAVE ANY DIRECT EMPLOYEES. ALL PAYROLL IS CENTRALIZED THROUGH A RELATED EXEMPT ORGANIZATION, PRESBYTERIAN HEALTHCARE SERVICES (PHS) EIN: 85-0105601. PHS ACTS AS A COMMON PAY AGENT FOR ALL OF ITS RELATED EXEMPT ORGANIZATIONS. THE EMPLOYEES ARE PAID UNDER PHS' EMPLOYER ID. PAYROLL TAXES AND BENEFIT PLANS ARE ALSO CENTRALIZED THROUGH PHS. SALARY EXPENSE REPORTED ON THIS RETURN REPRESENTS AN ALLOCATION OF SALARIES AND WAGES PAID BY PHS. FORM 941 REPORTING SALARIES AND WAGES IS FILED UNDER THE PRESBYTERIAN HEALTHCARE SERVICES EIN: 85-0105601. FORM 990, PART V, LINE 3A FORM 990-T IS BEING FILED TO CARRY FORWARD PREVIOUSLY GENERATED NET OPERATING LOSSES TO THE CURRENT YEAR. FORM 990, PART VI, LINE 1A PURSUANT TO THE BYLAWS, THE EXECUTIVE COMMITTEE IS APPOINTED BY THE CHAIRMAN OF THE BOARD ON AN ANNUAL BASIS. THE EXECUTIVE COMMITTEE SHALL CONSIST OF AT LEAST FOUR MEMBERS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL, DURING INTERVALS BETWEEN MEETINGS OF THE BOARD, POSSESS AND EXERCISE ALL OF THE POWERS OF THE BOARD IN THE GOVERNANCE OF THE AFFAIRS AND PROPERTY OF THE PRESBYTERIAN HEALTHCARE FOUNDATION EXCEPT AS OTHERWISE PROVIDED BY LAW, THE BYLAWS OR BY RESOLUTION OF THE BOARD. ALL ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED TO THE BOARD AT ITS NEXT MEETING SUCCEEDING SUCH ACTION AND SHALL BE SUBJECT TO REVISION AND ALTERATION BY THE BOARD, PROVIDED THAT NO RIGHTS OF THIRD PERSONS SHALL BE AFFECTED BY ANY REVISION OR ALTERATION. FORM 990, PART VI, LINES 6, 7A AND 7B PRESBYTERIAN HEALTHCARE FOUNDATION HAS NO MEMBERS OR SHAREHOLDERS. PHS APPOINTS PHF BOARD MEMBERS, AND PHS HAS TO APPROVE ANY CHANGES TO PHF BYLAWS OR ARTICLES. FORM 990, PART VI, LINE 11B PRESBYTERIAN HEALTHCARE FOUNDATION (PHF) UTILIZES A MULTI-LEVEL REVIEW PROCESS DURING PREPARATION AND SUBMISSION OF THE ANNUAL FORM 990. THE FIRST DRAFT OF FORM 990 IS PREPARED BY A NATIONAL ACCOUNTING FIRM, BASED ON INFORMATION PROVIDED BY THE PRESBYTERIAN HEALTHCARE SERVICES (PHS) TAX DIRECTOR. THIS INFORMATION IS GATHERED FROM NUMEROUS SOURCES ACROSS THE ORGANIZATION, INCLUDING FINANCE, GOVERNANCE, LEGAL, COMMUNICATIONS, ETC. THIS FIRST DRAFT IS REVIEWED ON A LINE-BY-LINE DETAIL LEVEL BY THE TAX DIRECTOR. IN ADDITION, ALL COMPENSATION-RELATED DATA IS REVIEWED IN DETAIL BY THE SENIOR VICE PRESIDENT OVER HUMAN RESOURCES FOR PHS. ALL FEEDBACK FROM THESE REVIEWS IS ACCUMULATED BY THE PHS TAX DIRECTOR AND CONVEYED TO THE ACCOUNTING FIRM FOR INCLUSION IN A SECOND DRAFT OF THE COMPLETE FORM 990. THIS SECOND DRAFT IS REVIEWED AGAIN BY THE PHS TAX DIRECTOR, PHS GENERAL COUNSEL, THE PHS CFO, AND THE FOUNDATION'S PRESIDENT TO ENSURE THAT ALL REQUESTED CHANGES WERE INCORPORATED AND THAT NO ADDITIONAL MODIFICATIONS ARE FOUND TO BE NECESSARY. THIS FINAL DRAFT OF THE PHF FORM 990 IS THEN REVIEWED ONE MORE TIME BY THE PHS TAX DIRECTOR TO ENSURE ALL INFORMATION IS ACCURATE AND COMPLETE TO THE BEST OF THE TAX DIRECTOR'S KNOWLEDGE. THE RETURN IS THEN SIGNED BY PHS CFO AND FILED WITH THE INTERNAL REVENUE SERVICE. ALL COMPENSATION SCHEDULES INCLUDED WITHIN THIS RETURN HAVE BEEN REVIEWED AND APPROVED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE GOVERNING BOARD OF PHS. FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE UPDATED ANNUALLY. BOARD MEMBERS AND OFFICERS ARE REQUIRED TO REMOVE THEMSELVES FROM CONFLICTS OR EXCUSE THEMSELVES FROM VOTES OR OTHER ACTIONS THAT MAY LEAVE ANY APPEARANCE OF NON-INDEPENDENCE. THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE PHS GOVERNANCE COMMITTEE AND REVISED IF APPROPRIATE. CONFLICT OF INTEREST REQUIREMENTS ARE REVIEWED WITH THE BOARD, THE OFFICERS, AND EACH COMMITTEE ANNUALLY, AND THE CODE OF CONDUCT IS REVIEWED AS PART OF THE BOARD'S COMPLIANCE TRAINING. THE BOARD AND EACH COMMITTEE IS REQUIRED TO MONITOR AND ENFORCE THE POLICY. FORM 990, PART VI, LINES 15A AND 15B PRESBYTERIAN HEALTHCARE FOUNDATION (PHF) HAS NO EMPLOYEES AND DOES NOT ESTABLISH OR PAY COMPENSATION. ALL EXECUTIVES' COMPENSATION IS REVIEWED BY AN INDEPENDENT EXTERNAL CONSULTING FIRM RETAINED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE PRESBYTERIAN HEALTHCARE SERVICES (PHS) BOARD. THE COMMITTEE'S REVIEW PROCESS AND RECOMMENDATIONS ARE PRESERVED IN THEIR MINUTES. THE EXECUTIVE COMPENSATION COMMITTEE CONSISTS OF INDEPENDENT BOARD MEMBERS OF THE PHS GOVERNING BOARD. PHS MANAGEMENT USES THE DATA FROM THE EXTERNAL CONSULTING FIRM AND RECOMMENDATIONS FROM THE INDEPENDENT COMPENSATION COMMITTEE TO ESTABLISH APPROPRIATE COMPENSATION FOR ALL EXECUTIVES. ALL OF THE DATA LEADING TO THESE COMPENSATION DECISIONS IS MAINTAINED BY THE PHS HUMAN RESOURCES DIRECTOR. FORM 990, PART VI, LINE 16B PRESBYTERIAN HEALTHCARE FOUNDATION'S (PHF) SOLE MISSION IS TO SUPPORT THE OPERATIONS OF PRESBYTERIAN HEALTHCARE SERVICES, THE TAX-EXEMPT PARENT CORPORATION. AS SUCH, PHF DOES NOT ENTER INTO ANY NEW JOINT VENTURES. FORM 990, PART VI, LINE 19 COPIES OF THE MOST CURRENT THREE YEARS' FORMS 990 ARE MAINTAINED AT PRESBYTERIAN HEALTHCARE SERVICES (PHS) MANAGEMENT LOCATIONS. THESE RETURNS ARE AVAILABLE FOR REVIEW OR PHOTOCOPY BY ANY INDIVIDUAL WHO REQUESTS SUCH. IN ADDITION, FORMS 990 ARE ALSO PUBLISHED ON WWW.GUIDESTAR.ORG AND ARE AVAILABLE FREELY TO THE PUBLIC IN THIS MANNER. AT THIS TIME, COPIES OF GOVERNANCE DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 UNREALIZED LOSS ON ANNUITY OBLIGATIONS $( 9,088) OTHER CHANGES IN NET ASSETS $(23,311) -------------- TOTAL $(32,399) FORM 990, PART XII, LINE 2C THE AUDITORS ARE SELECTED BY PRESBYTERIAN HEALTHCARE SERVICES (PHS). THE SELECTED AUDITORS MEET WITH THE PHF FINANCE AND EXECUTIVE COMMITTEES TO DISCUSS THE AUDIT PROCEDURES AND THE AUDIT REPORT. THE FINANCE COMMITTEE CHAIRMAN PRESENTS THE PRESBYTERIAN HEALTHCARE FOUNDATION (PHF) AUDIT REPORT AT THE NEXT PHF BOARD MEETING FOR APPROVAL. THE PHS COMPLIANCE AND AUDIT COMMITTEE APPROVES AND ACCEPTS THE AUDIT REPORT. PRESBYTERIAN HEALTHCARE SERVICES PO BOX 26666 ALBUQUERQUE NM 87125 850105601 HEALTHCARE NM 501(c)(3) 3 NA false PRESBYTERIAN PROPERTIES PO BOX 26666 ALBUQUERQUE NM 87125 850414352 HOLDING CO. NM 501(c)(2) PHS true BERNALILLO COUNTY HEALTHCARE COPR PO BOX 26666 ALBUQUERQUE NM 87125 237329437 AMBULANCE SVC NM 501(c)(3) 10 PHS true SOUTHWEST HEALTH FOUNDATION PO BOX 26666 ALBUQUERQUE NM 87125 850289728 PHS SUPPORT NM 501(c)(3) 12A-TYPE 1 PHS true CHARITABLE REMAINDER UNITRUST HOSPITAL SUPP NM Trust false true true false false false false false false false false false false true true true false true false