2020-07-01T12:03:35-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2018-07-01 231401564 METHODIST HOME FOR CHILDREN FOUNDATION METH 2158771925 4300 MONUMENT ROAD PHILADELPHIA PA 19131 ANNE RICE BURGESS PRESIDENT & CEO 2158771925 2020-06-22 1 CONNIE M LIRA P00481097 2156433900 2020-06-22 67.137.57.251 2020-06-22 19:35:21 ED P 3EEEC8B090C07D7EECF61F1A8A191FC1967D2E7A A71BA7B89EC094C2B609BC5F71272E1E5F4A3E15 2018 2021-01-29 14:40:06Z ANNE RICE BURGESS 4300 MONUMENT ROAD PHILADELPHIA PA 19131 13215839 0 X WWW.METHODISTSERVICES.ORG X 1879 PA TO SUPPORT PROGRAMS AND SERVICES TO CHILDREN, YOUTH AND FAMILITIES, WHICH PROMOTES QUALITY OF LIFE 6 6 0 6 0 0 108902 19345 0 0 1661437 1969775 46643 3861 1816982 1992981 1124522 1093021 0 0 0 0 0 0 0 519719 505849 1644241 1598870 172741 394111 43741214 44227698 4161147 4357156 39580067 39870542 THE MISSION OF METHODIST HOME FOR CHILDREN FOUNDATION (MHCF) IS TO SUPPORT PROGRAMS AND SERVICES TO CHILDREN, YOUTH, AND FAMILITIES AND TO PROMOTE THEIR GENERAL WELFARE AND QUALITY OF LIFE. 0 0 1093021 1093021 0 MHCF SERVES AS A SUPPORTING ORGANIZATION THAT MAKES GRANTS TO SUPPORT THE PROGRAMS OF METHODIST SERVICES AND METHODIST HOME FOR CHILDREN, WHICH ARE BOTH 501(C)(3) PUBLIC CHARITIES, AND ARE BOTH RELATED TO MHCF. 1093021 1 0 0 0 0 0 0 0 0 1 1 0 0 1 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X ANNE RICE-BURGESS PRESIDENT CEO 2158771925 4300 MONUMENT ROAD PHILADELPHIA PA 19131 CHARLES SORKIN CHAIR 1.00 0.00 X X 0 0 0 KATHERINE ZIDEK SECRETARY 1.00 0.00 X X 0 0 0 RICHARD CHIP COBB JR TREASURER 1.00 0.00 X X 0 0 0 RICHARD SCHMID DIRECTOR 1.00 0.00 X 0 0 0 GINA GOLSON NUNERY DIRECTOR 1.00 0.00 X 0 0 0 F SCOTT DONAHUE DIRECTOR 1.00 0.00 X 0 0 0 ANNE RICE-BURGESS PRESIDENT & CEO 1.00 41.00 X 0 175954 30286 KATHRINE MARTIN SR. VP & EXECUTIVE DIRECTOR 1.00 41.00 X 0 142918 20654 MAULIN PATEL VICE PRESIDENT & CFO - LEFT JUN 2019 1.00 41.00 X 0 121529 14171 0 440401 65111 0 0 1 0 0 19345 19345 2148186 2148186 11044447 11222858 -178411 -178411 -178411 REFUND/MISCELLANEOUS INCOME 900099 3861 3861 3861 1992981 0 0 1973636 1093021 1093021 39670 39670 177653 177653 1987 1987 286539 286539 1598870 1093021 505849 0 1514797 1003286 6576 5799 9653632 3482866 5232022 6170766 30382415 30592251 6605404 6455596 43741214 44227698 6414 6414 114000 114000 4040733 4236742 4161147 4357156 X 33203681 33459833 54047 82529 6322339 6328180 39580067 39870542 43741214 44227698 X 394111 -109477 5841 X 0 1 X 1 0 X X 2 METHODIST SERVICES 562311719 7 1 1093021 505849 METHODIST HOME FOR CHILDREN 200088838 7 1 0 0 2 1093021 505849 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1: MANAGEMENT OF THE SUPPORTING ORGANIZATION IS CONDUCTED BY THE SAME INDIVIDUALS THAT MANAGE THE SUPPORTED ORGANIZATIONS. THIS OVERLAPPING MANAGEMENT REPORTS TO ALL GOVERNANCE BODIES TO ENSURE THAT THE SUPPORTING ORGANIZATION REMAINS ATTENTIVE AND RESPONSIVE TO THE NEEDS OF THE SUPPORTED ORGANIZATIONS. 39580067 19345 1870000 1093021 286539 219310 39870542 38653605 108902 2461801 1124522 282413 237306 39580067 36025362 19073 4309128 1201852 284791 213315 38653605 38410102 42994 -760229 1165181 289161 213163 36025362 41007852 26690 -304326 1548621 276469 495024 38410102 0.83920 0.15870 0.00210 0 1 1 1161700 1161700 8395365 3392108 5003257 89380 89380 0 7187 1378 5809 6170766 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 5172162 NOTE RECEIVABLE - RELATED PARTY 1283434 6455596 DUE TO AFFILIATES 4236742 4236742 X 1711692 -109477 5841 -103636 1815328 177653 177653 1992981 1421217 0 1421217 177653 177653 1598870 PART V, LINE 4: THE ENDOWMENT FUNDS ARE TO BE USED TO SUPPORT METHODIST HOME FOR CHILDREN AND METHODIST SERVICES, BOTH ARE 501(C)(3) PUBLIC CHARITIES RELATED TO METHODIST HOME FOR CHILDREN FOUNDATION. PART X, LINE 2: METHODIST HOME FOR CHILDREN FOUNDATION (MHCF) IS A NON-PROFIT ENTITY AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES. THE MHCF IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME TAXES. THE MHCF FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE GUIDANCE FURTHER PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS STANDARD HAD NO IMPACT ON THE MHCF'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN FAIR VALUE OF PERPETUAL TRUSTS 5,841. 1 METHODIST SERVICES 4300 MONUMENT ROAD PHILADELPHIA PA 19131 562311719 501(C)(3) 1093021 TO SUPPORT PROGRAMS AND SERVICES TO CHILDREN, YOUTH AND FAMILIES 1 0 PART I, LINE 2: THE ORGANIZATION ONLY GRANTS FUNDS TO RELATED ORGANIZATIONS WITH SHARED MANAGEMENT. THROUGH THIS SHARED MANAGEMENT THE ORGANIZATION IS ABLE TO ENSURE FUNDS ARE USED FOR THEIR INTENDED PURPOSE. 0 0 0 0 0 0 0 0 0 ANNE RICE-BURGESS PRESIDENT & CEO 0 175954 0 0 0 0 0 20143 0 10143 0 206240 0 0 KATHRINE MARTIN SR. VP & EXECUTIVE DIRECTOR 0 142918 0 0 0 0 0 11155 0 9499 0 163572 0 0 PART I, LINE 3 THE ORGANIZATION DOES NOT COMPENSATE ANY INDIVIDUAL THAT MEETS THE INTERNAL REVENUE SERVICE DEFINITION OF OFFICER OR KEY EMPLOYEE. THE COMPENSATION LISTED ON SCHEDULE J, PART II IS FROM A RELATED ENTITY. THE RELATED ENTITY ENSURES AN ANNUAL REVIEW IS CONDUCTED THAT INCLUDES, BUT IS NOT LIMITED TO THE USE OF A: COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY/STUDY, AND BOARD APPROVAL. THE DELIBERATION AND FINAL DECISION ARE TIMELY DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION A, LINE 1 AN EXECUTIVE COMMITTEE IS HEREBY ESTABLISHED TO INCLUDE THE CHAIRPERSON, VICE-CHAIRPERSON(S), SECRETARY, TREASURER AND PRESIDENT (WITHOUT VOTE). THE EXECUTIVE COMMITTEE MAY EXERCISE ALL OF THE POWERS OF THE BOARD OF DIRECTORS WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, AND SHALL REPORT ITS ACTIONS TO THE BOARD AT THE NEXT MEETING OF THE BOARD. A QUORUM OF THE COMMITTEE MEMBERS MUST BE PRESENT. EXCEPTIONS TO THE POWER AND AUTHORITY OF THE EXECUTIVE COMMITTEE ARE AS FOLLOWS: (A) THE FILLING OF VACANCIES ON THE BOARD (B) THE ADOPTION, AMENDMENT OR REPEAL OF THE GOVERNING DOCUMENTS (C) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD (D) ACTION ON MATTERS COMMITTED BY THE BYLAWS OR BY RESOLUTION OF THE BOARD TO ANOTHER COMMITTEE OF THE BOARD FORM 990, PART VI, SECTION A, LINE 6 METHODIST HOME FOR CHILDREN (MHC), A RELATED 501(C)(3) PUBLIC CHARITY, IS CONSIDERED THE 'SOLE MEMBER' FOR PURPOSES OF THIS QUESTION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED ANNUALLY BY MHC. FORM 990, PART VI, SECTION A, LINE 7B IN ORDER TO AMEND THE GOVERNING DOCUMENTS, WRITTEN APPROVAL OF THE AMENDMENT MUST BE OBTAINED FROM MHC. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. ALL OFFICERS WILL RECEIVE A DRAFT COPY OF THE FORM 990 ALONG WITH ALL COMMENTS FOR CHANGES PRIOR TO FILING. THE FINAL COPY WILL BE SENT TO THE OFFICERS AND BOARD OF DIRECTORS THROUGH EMAIL. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY INTEREST THAT COULD GIVE RISE TO CONFLICTS. THE ANNUAL DISCLOSURES ARE REVIEWED BY THE BOARD CHAIR AND THE FINAL DETERMINATION AS TO WHETHER A CONFLICT EXISTS IS DETERMINED BY THE JOINT OFFICERS COMMITTEE. IF ANY DIRECTOR IS INVOLVED INDIVIDUALLY, OR AS PART OF A BUSINESS OR PROFESSIONAL FIRM, IN THE ORGANIZATION'S BUSINESS TRANSACTIONS OR PROFESSIONAL SERVICES THEY MUST TIMELY DISCLOSE SUCH A RELATIONSHIP AND MUST RECUSE THEMSELVES WHEN MATTERS OF SUCH TRANSACTIONS ARE DISCUSSED AND/OR VOTED UPON, AND WILL BE REQUIRED TO LEAVE THE MEETING IF SUCH IS REQUESTED BY ANOTHER DIRECTOR IN ATTENDANCE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE ANY INDIVIDUAL THAT MEETS THE INTERNAL REVENUE SERVICE DEFINITION OF OFFICER OR KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: INCREASE IN FAIR VALUE OF PERPETUAL TRUSTS 5,841. METHODIST SERVICES 4300 MONUMENT ROAD PHILADELPHIA PA 19131 562311719 TO PROVIDE SOCIAL SERVICES FOR CHILDREN, YOUTH AND FAMILIES PA 501(C)(3) LINE 7 METHODIST HOME FOR CHILDREN 0 METHODIST HOME FOR CHILDREN 4300 MONUMENT ROAD PHILADELPHIA PA 19131 200088838 TO ASSURE THE PROVISION OF QUALITY SERVICES TO CHILDREN, YOUTH AND FAMILIES PA 501(C)(3) LINE 12B, II N/A 0 MONUMENT VILLAGE CORPORATION 4300 MONUMENT ROAD PHILADELPHIA PA 19131 341985321 INVESTMENTS PA N/A C 0 0 1 0 1 1 0 0 0 0 0 0 0 1 1 0 1 1 1 1