2016-02-02T17:05:44-06:00 2015-05-31 390758449 WIPFLI LLP 910 N LAST CHANCE GULCH HELENA MT 59601 990 2014-06-01 810365625 MONTANA CHILDREN'S FOUNDATION MONT 4064447500 POBOX 5539 HELENA MT 59604 CRAIG AASVED ADMINISTRATOR 4064447500 2016-02-02 1 NATHAN D MCCARTHY CPA P00368408 4064425520 2014 2016-04-25 22:37:26Z CRAIG AASVED POBOX 5539 HELENA MT 59604 6506439 0 X WWW.SHODAIRHOSPITAL.ORG X 1977 MT TO PROMOTE AND FURTHER OPERATIONS OF THE MONTANA CHILDREN'S HOME AND HOSPITAL. 15 15 0 26 0 0 805190 1505980 0 0 749243 762923 1039619 293955 2594052 2562858 1304465 1678329 0 0 0 0 0 0 114555 392104 234100 1696569 1912429 897483 650429 17922939 18336491 345515 1604049 17577424 16732442 TO LEND FINANCIAL SUPPORT TO MONTANA CHILDREN'S HOME AND HOSPITAL (DBA SHODAIR HOSPITAL). 0 0 1678329 1678329 PROGRAM SERVICE EXPENSES WENT DIRECTLY TO MONTANA CHILDREN'S HOME AND HOSPITAL TO ASSIST WITH OPERATIONS. 1678329 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 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 12 0 0 0 0 0 0 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MT X X CRAIG AASVED 4064447500 2755 COLONIAL DR HELENA MT 59601 RITA GOWEN PRESIDENT 0.50 X X 0 0 0 BOB LEMM TRUSTEE 0.50 X 0 0 0 RICH BRUNER TRUSTEE 0.50 X 0 0 0 JOE SHEVLIN TRUSTEE 0.50 X 0 0 0 DAVID LEMM TRUSTEE 0.50 X 0 0 0 ED TINSLEY TRUSTEE 0.50 X 0 0 0 MOE WOSEPKA SECRETARY/TREASURER 0.50 X X 0 0 0 RED MENAHAN TRUSTEE 1.00 X 0 0 0 BILL HASQUET TRUSTEE 0.50 X 0 0 0 JANET HEDGES TRUSTEE 0.50 X 0 0 0 GALEN HOLLENBAUGH TRUSTEE 0.50 X 0 0 0 JOEL MAES TRUSTEE 0.50 X 0 0 0 DAN SHEA TRUSTEE 0.50 X 0 0 0 EDWARD SURBRUGG TRUSTEE 0.50 X 0 0 0 BETH O'HALLORAN TRUSTEE 0.50 X 0 0 0 JOHN P JACK CASEY ADMINISTRATOR 10.00 X 0 316673 36902 0 316673 36902 0 0 1 0 0 6165 1499815 1505980 294264 294264 296747 296747 14714 0 14714 14714 14714 4394734 3926075 468659 468659 468659 0 6165 17506 -17506 -17506 2562858 14714 0 1042164 1678329 1678329 170 170 8952 8952 45018 45018 25359 25359 36744 36744 33586 32054 1532 1964 1964 9917 1365 8552 3953 3953 CMN DUES & MEMBERSHIP 47952 47952 TELETHON EXPENSES 17842 17842 OTHER FUNDRAISER EXPENS 1933 1933 ALL OTHER EXPENSES 710 710 1912429 1678329 119545 114555 195121 313492 867398 1494232 11263 8839 147746 30225 121474 117521 13821526 14138328 2906157 2264079 17922939 18336491 100189 11753 200 245326 1592096 345515 1604049 X 13087072 12818495 3638393 3059788 851959 854159 17577424 16732442 17922939 18336491 650429 2101 -1497512 0 X X 0 1 X 1 0 X X 1 MONTANA CHILDREN'S HOME AND HOSPITAL INC 810231789 3 1 1678329 0 1 1678329 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV, SECTION D, LINE 3: THE MONTANA CHILDREN'S HOME & HOSPITAL HAS AN IDENTICAL BOARD OF TRUSTEES AS THE MONTANA CHILDREN'S FOUNDATION AND THEREFORE ARE SIGNIFICANTLY INVOLVED IN THE INVESTMENT POLICIES AND ALLOCATION OF ASSETS AND INCOME TO THE HOSPITAL. PART IV, SECTION E, LINE 2A: THE MONTANA CHILDREN'S FOUNDATION SUPPORTS THE MONTANA CHILDREN'S HOME & HOSPITAL, INC. BY MAINTAINING INVESTMENTS AND ACCEPTING DONATIONS. THESE FUNDS ARE IN TURN USED FOR THE OPERATING EXPENSES OF THE HOSPITAL. PART IV, SECTION E, LINE 2B: THE MONTANA CHILDREN'S HOME AND HOSPITAL WOULD HAVE TO MAINTAIN ALL THE ASSETS AND LIABILITIES OF THE FOUNDATION IF THERE WAS NO FOUNDATION. ALL THE FOUNDATION'S INCOME AND EXPENSES ARE DERIVED FROM AND FOR THE BENEFIT OF THE HOSPITAL. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5000 X 0 1595463 2200 61134 3606 1655191 1437461 7450 153831 3279 1595463 1249597 2200 189304 3640 1437461 1313867 2800 -60679 6391 1249597 1120291 2400 197143 5967 1313867 0.51600 0.48400 0 0 111163 111163 36583 30225 6358 117521 ACCRUED INTEREST RECEIVABLE 9598 LONG-TERM RECEIVABLE - A. WEST TRUST 1048003 LONG-TERM RECEIVABLE - J CARSON TRUST 214073 ARTWORK 5000 LONG-TERM RECEIVABLE - HODSON 987405 2264079 SHODAIR PAYABLE - CURRENT 749816 SHODAIR PAYABLE - LONG TERM 842280 1592096 2582465 2101 17506 19607 2562858 0 2562858 1929935 17506 17506 1912429 0 1912429 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF NUMEROUS INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE FOUNDATION HAS INTERPRETED THE MONTANA UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (MUPMIFA) AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE FOUNDATION CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ANY ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS AND IS APPROPRIATED FOR EXPENDITURE BY THE FOUNDATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY MUPMIFA. IN ACCORDANCE WITH MUPMIFA, THE FOUNDATION CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: 1. THE DURATION AND PRESERVATION OF THE FUND, 2. THE PURPOSE OF THE FOUNDATION AND THE DONOR-RESTRICTED ENDOWMENT FUND, 3. GENERAL ECONOMIC CONDITIONS 4. THE POSSIBLE EFFECT OF INFLATION AND DEFLATION, 5. THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS, 6. OTHER RESOURCES OF THE FOUNDATION, AND 7. THE INVESTMENT POLICIES OF THE FOUNDATION FROM TIME TO TIME, THE FAIR VALUE OF ASSETS ASSOCIATED WITH INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS MAY FALL BELOW THE LEVEL THAT THE DONOR OR MUPMIFA REQUIRES THE FOUNDATION TO RETAIN AS A FUND OF PERPETUAL DURATION. THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE FOUNDATION MUST HOLD IN PERPETUITY. UNDER THIS POLICY, AS APPROVED BY THE BOARD OF DIRECTORS, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRESERVE ENDOWMENT CAPITAL, AND TO PROVIDE A MINIMUM ANNUAL TARGET RATE OF RETURN OF AT LEAST INFLATION, PLUS THE FOUNDATION'S SPENDING POLICY, PLUS A REAL RATE OF RETURN NET OF FEES. THE FOUNDATION EXPECTS ITS ENDOWMENT FUNDS, OVER TIME, TO PROVIDE A REASONABLE CURRENT RATE OF RETURN. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE FOUNDATION RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED GAINS) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE FOUNDATION TARGETS A DIVERSIFIED ASSET ALLOCATION INCLUDING CASH EQUIVALENTS, FIXED INCOME, AND EQUITY SECURITIES TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT SOCCER EVENT EXPENSES 17,506. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT SOCCER EVENT EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SOCCER EVENT EXPENSES 17,506. 1 MONTANA CHILDREN'S HOME & HOSPITAL PO BOX 5539 HELENA MT 59604 810231789 1678329 GRANT FOR OPERATIONS AND CAPITAL PART I, LINE 2: MONTANA CHILDREN'S FOUNDATION (MCF) MAKES GRANTS TO MONTANA CHILDREN'S HOME AND HOSPITAL (MCHH)BASED ON REQUESTS FROM MCHH. MCF APPROVES AND CONFIRMS THAT FUNDS ARE USED FOR THE REQUESTED PURPOSE. 0 0 0 0 0 0 0 0 0 JOHN P JACK CASEY ADMINISTRATOR 0 316673 0 0 0 0 0 15600 0 21302 0 353575 0 0 FORM 990, PART VI, SECTION A, LINE 2 BOB LEMM IS THE FATHER OF DAVID LEMM, BOTH ARE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES AND APPROVED BEFORE THE FORM 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. THE HOSPITAL ATTORNEY ATTENDS EACH BOARD MEETING AND MONITORS ADHERENCE TO THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 NOT APPLICABLE, ORGANIZATION DOES NOT PAY COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE ON FILE WITH THE STATE OF MONTANA AND AVAILABLE TO THE PUBLIC IF REQUESTED FROM THE STATE. CONFLICT OF INTEREST AND FINANCIAL STATEMENTS ARE NOT MADE READILY AVAILABLE TO THE GENERAL PUBLIC BUT ARE DISTRIBUTED TO THE BOARD OF TRUSTEES WHO ARE A REPRESENTATION OF THE PUBLIC. FORM 990, PART XII, LINE 2C: THE PROCESS OF THE SELECTION OF AN INDEPENDENT ACCOUNTANT AND THE OVERSIGHT OF THE AUDIT HAS NOT CHANGED SINCE THE PRIOR YEAR. MONTANA CHILDREN'S HOME AND HOSPITAL PO BOX 5539 HELENA MT 59604 810231789 PROVIDE INPATIENT AND RESIDENTIAL PSYCHIATRIC TREATMENT FOR CHILDREN MT 501(C)(3) 170(B)(1)(A)(III) 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MONTANA CHILDREN'S HOME AND HOSPITAL B 1678329 CASH CONTRIBUTION