PALM HEALTHCARE FOUNDATION INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- PALM HEALTHCARE FOUNDATION INC (EIN 59-2391119)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2015-12-21
- IRS object ID
- 201533559349300328
- Schema version
- 2014v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-12-21T12:34:44-06:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 651083521 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Holyfield & Thomas LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 Butler Street | AddressLine1Txt |
| City | West Palm Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33407 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592391119 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Palm Healthcare Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PALM | BusinessNameControlTxt |
| Phone | 5618336333 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 South Dixie Highway No 205 | AddressLine1Txt |
| City | West Palm Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Andrea Bradley JD | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 5618336333 | PhoneNum |
| Signature | 2015-12-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | David J Thomas | PreparerPersonNm |
| PTIN | P00002419 | PTIN |
| Phone | 5616896000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Andrea Bradley JD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 South Dixie Highway No 205 | AddressLine1Txt |
| City | West Palm Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $29,865,280 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | http://www.palmhealthcare.org/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1984 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | Solves critical healthcare issues through creative community-wide collaboration. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 16 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $517,190 | PYContributionsGrantsAmt |
| CY Contributions Grants | $305,981 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $79,695 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,565,277 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,313,850 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$12,852 | PYOtherRevenueAmt |
| CY Other Revenue | -$406,499 | CYOtherRevenueAmt |
| PY Total Revenue | $6,069,615 | PYTotalRevenueAmt |
| CY Total Revenue | $3,293,027 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,350,402 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,734,498 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,214,021 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,100,046 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $378,069 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,440,844 | PYOtherExpensesAmt |
| CY Other Expenses | $1,482,034 | CYOtherExpensesAmt |
| PY Total Expenses | $5,005,267 | PYTotalExpensesAmt |
| CY Total Expenses | $4,316,578 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,064,348 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,023,551 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $87,329,479 | TotalAssetsBOYAmt |
| Total Assets EOY | $84,642,019 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,998,077 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,047,809 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $85,331,402 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $82,594,210 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Palm Healthcare Foundation's greater mission is to inspire and fund solutions to improve health in Palm Beach County. The Foundation is committed to finding ways for inspired giving and thoughtful funding to generate lasting change. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,573,710 | ExpenseAmt |
| Grant | $1,250,675 | GrantAmt |
| Revenue | $6,095 | RevenueAmt |
| Desc | Palm Healthcare Foundation's grantmaking seeks to meet the diverse needs of Palm Beach County's health systems. The Foundation convenes leaders and county residents, listens carefully to their needs and provides financial support and resources to help communities make positive, healthy changes. The Foundation's new Healthier Together initiative is a place-based funding approach to solving the community's most complex healthcare issues, neighborhood by neighborhood. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $97,586 | ExpenseAmt |
| Grant | $483,822 | GrantAmt |
| Revenue | $72,100 | RevenueAmt |
| Desc | Palm Healthcare Foundation is committed to supporting a highly skilled nursing workforce that provides care across all settings and supports optimal health in Palm Beach County. Today the foundation focuses its work on supporting nursing professionals, patients and family caregivers during transitions from hospitals to community-based and home settings for the long term. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $10,330 | ExpenseAmt |
| Desc | Palm Healthcare Pavilion programs suppport families with chronic health conditions including behavioral health issues and brain disease in a welcoming environment that emphasizes education and personal responsibility. Other Pavilion programs provide training and education for health professionals to enhance skill levels and clinical expertise. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| RevenueRevenueAmt | DescDesc | ExpenseExpenseAmt |
|---|---|---|
| $1,500 | Program Accomplishment-The Foundation also implements multi-media social change campaigns that increase awareness of local health issues that are aligned with the priorities of the Foundation. These campaigns educate the public with the intent to increase the quality of life. The Foundation is the primary support for Palm Beach County Diabetes Week, a weeklong event to encourage residents to get screened for diabetes and Lets's Move Physical Activity Challenge, a month-long challenge campaign with a goal to get Palm Beach residents "moving" to better health. | |
| Other accomplishments. | $909,623 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $909,623 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $1,500 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $3,591,249 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 14 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 16 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Andrea Bradley CEO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5618336333 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 S Dixie Highway | AddressLine1Txt |
| City | West Palm Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33401 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Mark Cook | |||||||
| Chairman | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Philippe Jeck | |||||||
| Vice Chairman | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Christopher Gryskiewicz | |||||||
| Treasurer | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Barbara Jacobowitz | |||||||
| Secretary | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Ruth Schwarkopf | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Alina M Alonso MD | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| David Dodson MD | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Pete Martinez | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mark Rubenstein MD | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Joseph B Shearouse III | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Greg Quattlebaum | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Andrea Stephenson | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Denise Bober | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Andrea Bradley | |||||||
| CEO | 40.00 | Yes (X) | $256,525 | $0 | $15,663 | ||
| John Peters | |||||||
| CFO | 40.00 | $154,192 | $0 | $15,198 | Yes (X) | ||
| Amy Dean | |||||||
| Vice President | 40.00 | $114,431 | $0 | $13,565 | Yes (X) | ||
| Marjorie Sullivan | |||||||
| Vice President | 40.00 | $116,088 | $0 | $14,384 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $641,236 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $58,810 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $305,981 | AllOtherContributionsAmt |
| Total Contributions | $305,981 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Program Revenue | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $79,695 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $79,695 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $79,695 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,584,820 | TotalRevenueColumnAmt |
| Exclusion | $1,584,820 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $189,518 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $472,562 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$283,044 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$283,044 | TotalRevenueColumnAmt |
| Exclusion | -$283,044 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $27,828,721 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $26,099,691 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,729,030 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,729,030 | TotalRevenueColumnAmt |
| Exclusion | $1,729,030 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Change in Value of Split Interest | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | -$123,455 | TotalRevenueColumnAmt |
| Exclusion | -$123,455 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$123,455 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,293,027 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $79,695 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,907,351 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,734,498 | TotalAmt |
| Program Services | $1,734,498 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $259,411 | TotalAmt |
| Program Services | $142,731 | ProgramServicesAmt |
| Management And General | $54,566 | ManagementAndGeneralAmt |
| Fundraising | $62,114 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $674,887 | TotalAmt |
| Program Services | $373,031 | ProgramServicesAmt |
| Management And General | $139,702 | ManagementAndGeneralAmt |
| Fundraising | $162,154 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,987 | TotalAmt |
| Program Services | $16,141 | ProgramServicesAmt |
| Management And General | $10,546 | ManagementAndGeneralAmt |
| Fundraising | $7,300 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,659 | TotalAmt |
| Program Services | $30,233 | ProgramServicesAmt |
| Management And General | $19,754 | ManagementAndGeneralAmt |
| Fundraising | $13,672 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,102 | TotalAmt |
| Program Services | $36,716 | ProgramServicesAmt |
| Management And General | $15,400 | ManagementAndGeneralAmt |
| Fundraising | $15,986 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,936 | TotalAmt |
| Program Services | $18,348 | ProgramServicesAmt |
| Management And General | $2,294 | ManagementAndGeneralAmt |
| Fundraising | $2,294 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,008 | TotalAmt |
| Program Services | $24,806 | ProgramServicesAmt |
| Management And General | $3,101 | ManagementAndGeneralAmt |
| Fundraising | $3,101 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $405,800 | TotalAmt |
| Program Services | $324,640 | ProgramServicesAmt |
| Management And General | $40,580 | ManagementAndGeneralAmt |
| Fundraising | $40,580 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $269,195 | TotalAmt |
| Program Services | $261,018 | ProgramServicesAmt |
| Management And General | $4,376 | ManagementAndGeneralAmt |
| Fundraising | $3,801 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,562 | TotalAmt |
| Program Services | $58,050 | ProgramServicesAmt |
| Management And General | $7,256 | ManagementAndGeneralAmt |
| Fundraising | $7,256 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,851 | TotalAmt |
| Program Services | $30,023 | ProgramServicesAmt |
| Management And General | $75 | ManagementAndGeneralAmt |
| Fundraising | $3,753 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,847 | TotalAmt |
| Program Services | $91,282 | ProgramServicesAmt |
| Management And General | $21,794 | ManagementAndGeneralAmt |
| Fundraising | $11,771 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,687 | TotalAmt |
| Program Services | $16,688 | ProgramServicesAmt |
| Management And General | $2,201 | ManagementAndGeneralAmt |
| Fundraising | $5,798 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,469 | TotalAmt |
| Program Services | $57,250 | ProgramServicesAmt |
| Management And General | $1,518 | ManagementAndGeneralAmt |
| Fundraising | $16,701 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,818 | TotalAmt |
| Management And General | $13,818 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,871 | TotalAmt |
| Program Services | $20,697 | ProgramServicesAmt |
| Management And General | $2,587 | ManagementAndGeneralAmt |
| Fundraising | $2,587 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Community Outreach | $248,837 | $243,261 | $48 | $5,528 |
| Repairs & Maintenance | $68,061 | $59,754 | $6,181 | $2,126 |
| Dues & Membership | $25,961 | $23,141 | $777 | $2,043 |
| Training & Education | $12,730 | $9,818 | $306 | $2,606 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,401 | TotalAmt |
| Program Services | $19,123 | ProgramServicesAmt |
| Management And General | $380 | ManagementAndGeneralAmt |
| Fundraising | $6,898 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,316,578 | TotalAmt |
| Program Services | $3,591,249 | ProgramServicesAmt |
| Management And General | $347,260 | ManagementAndGeneralAmt |
| Fundraising | $378,069 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500 | BOYAmt |
| EOY | $500 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,636,126 | BOYAmt |
| EOY | $1,505,181 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,307 | BOYAmt |
| EOY | $22,993 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,259 | BOYAmt |
| EOY | $18,248 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,675,916 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,413,325 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,603,291 | BOYAmt |
| EOY | $7,262,591 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,732,710 | BOYAmt |
| EOY | $71,284,897 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,323,286 | BOYAmt |
| EOY | $4,547,609 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,329,479 | BOYAmt |
| EOY | $84,642,019 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $258,843 | BOYAmt |
| EOY | $125,161 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,739,234 | BOYAmt |
| EOY | $1,922,648 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,998,077 | BOYAmt |
| EOY | $2,047,809 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,420,588 | BOYAmt |
| EOY | $62,021,263 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,700,159 | BOYAmt |
| EOY | $11,362,292 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,210,655 | BOYAmt |
| EOY | $9,210,655 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,331,402 | BOYAmt |
| EOY | $82,594,210 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,329,479 | BOYAmt |
| EOY | $84,642,019 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,023,551 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,713,641 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $754,372 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $675,411 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $735,690 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $517,190 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $305,981 | CurrentTaxYearAmt |
| Total | $2,988,644 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $754,372 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $675,411 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $735,690 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $517,190 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $305,981 | CurrentTaxYearAmt |
| Total | $2,988,644 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $2,988,644 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,335,696 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,127,784 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,432,404 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,287,471 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,774,338 | CurrentTaxYearAmt |
| Total | $10,957,693 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $13,946,337 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $314,505 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.21430 | PublicSupportCY170Pct |
| Public Support PY170 | 0.21410 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
| Facts And Circumstances Test | Palm Healthcare Foundation's public support for fiscal year ended June 30, 2015 was 21.43%. The following facts and circumstances support the public charity status of the Foundation for three main reasons: 1) the Foundation's original corpus was funded substantially from broad public sources, and the investment income that impacts the public support percentage (Schedule A, Section C, Line 14) comes from that original public support; 2) the Foundation has always operated a comprehensive fund development program which solicits a broad range of public donors in a number of ways, includes major giving, annual giving, planned giving, grant-writing, special events and on-line giving; and 3) the Foundation's 15-member board of trustees and its eight (8) committees are made up of community members from a variety of geographic locations, industries, ethnic and religious backgrounds and socio-economic levels, representing Palm Beach County as a whole. 1) Palm Healthcare Foundation, a hospital conversion foundation, was created in July 2001 as the successor to the Good Samaritan Medical Center Foundation and St. Mary's Hospital Foundation when the two not-for-profit hospitals were sold to a for-profit entity. The funds in the hospital foundations, donated from a wide-range of public sources including individual donors, other foundations and corporations, formed the original corpus of Palm Healthcare Foundation. At the end of Palm Healthcare Foundation's first fiscal year, the Foundation held $64 million in assets, which was invested for the purposes of supporting the healthcare needs of Palm Beach County residents. From the beginning, the Foundation solicited the public at large for donations to supplement the corpus. Public donations and investment return has allowed Palm Healthcare Foundation to grant more than $65 million to more than 100 not-for-profit organizations serving the healthcare needs of our community. In recent years, the Foundation's work has been focused around and made significant advances in the critical issues of diabetes prevention and management, nursing advancement, family caregiving, and behavioral health.2) Since its inception, Palm Healthcare Foundation has maintained a continuous program for solicitation of funds from the general public, community and local sponsors. The Foundation employs a senior-level fund development executive who manages a comprehensive solicitation program, including:a. Two annual direct mail pieces are sent to thousands of community members.b. An annual giving program, Greater Together Giving Funds, which was supported by 100% of the Foundation's trustees this fiscal year.c. A yearly nursing appreciation reception with sponsorship opportunities.d. Corporate support for diabetes-related programming.e. Memorial and tribute giving opportunities. f. Multiple ways to give on-line at www.palmhealthcare.org.g. Fund raising ads are placed in the local newspaper.h. Annual reports with donors' stories and ways to give. i. Fund development training for trustees, as well as focus groups, cultivation activities and community events to which trustees bring potential donors. This fiscal year, 11 different sources donated $5,000 or more for a total of $135,406. Total contributions and grants equaled more than $300,000 this past year. These donors represent individuals, other foundations, corporations and other organizations from across Palm Beach County.3) Palm Healthcare Foundation's board of trustees consists of a strong, diverse governing body which represents the broad healthcare interests of the residents of Palm Beach County. Trustees represent the following sectors of the community:a. Health Care District (government).b. For-profit hospital.c. Local private physician practices.d. Nursing.e. Nursing education.f. Corporations.g. Small businesses. h. Legal field.i. Financial industry.j. Banking.k. Not-for-profit healthcare planning organization.l. Real Estate.m. Retired.In addition, Palm Healthcare Foundation owns and operates the Mollie Wilmot Children's Center at the Palm Healthcare Pavilion on the campus of St. Mary's Medical Center. Thirty percent of the office space is provided free of charge to two unrelated not-for-profit organizations as part of the organization's mission to promote healthcare. The two not-for-profit organizations provide services directly for the benefit of the general public. The fair market value of the in-kind rent for the current fiscal year was $213,800. In light of the history of Palm Healthcare Foundation's public support origins and the ongoing commitment to soliciting public support to improve the health and well-being of residents of Palm Beach County, Palm Healthcare Foundation meets the facts and circumstances of the public support test. | FactsAndCircumstancesTestTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 8 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $94,978 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $274,252 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $2,784,600 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,011,199 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $255,597 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $684,020 | AdministrativeExpensesAmt |
| End Year Balance | $13,582,776 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,080,579 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,718,222 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $239,920 | OtherExpendituresAmt |
| Administrative Expenses | $547,682 | AdministrativeExpensesAmt |
| End Year Balance | $14,011,199 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,332,364 | BeginningYearBalanceAmt |
| Contributions | $317,163 | ContributionsAmt |
| Investment Earnings Or Losses | $2,896,874 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $1,015,077 | AdministrativeExpensesAmt |
| End Year Balance | $19,531,324 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,920,300 | BeginningYearBalanceAmt |
| Contributions | $263,617 | ContributionsAmt |
| Investment Earnings Or Losses | $9,444,847 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $1,296,400 | AdministrativeExpensesAmt |
| End Year Balance | $17,332,364 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,135,148 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$214,848 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $8,920,300 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.67810 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.32190 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $8,560,047 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $2,088,240 | DepreciationAmt |
| Book Value | $6,471,807 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $655,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $117,354 | DepreciationAmt |
| Book Value | $537,646 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $40,535 | OtherCostOrOtherBasisAmt |
| Depreciation | $17,208 | DepreciationAmt |
| Book Value | $23,327 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $359,895 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $60,439 | OtherCostOrOtherBasisAmt |
| Depreciation | $190,523 | DepreciationAmt |
| Book Value | $229,811 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $7,262,591 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Split Interest Agreement | Desc |
| Book Value | $4,547,609 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $4,547,609 | TotalBookValueOtherAssetsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,886,410 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,713,641 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $307,024 | OtherRevenueAmt |
| Revenue Not Reported | -$1,406,617 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,293,027 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,293,027 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,623,602 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $307,024 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $307,024 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,316,578 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,316,578 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part X, Line 2: | The Internal Revenue Service has determined that the Foundation is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. However, income from certain activities not directly related to the Foundation's tax-exempt purpose is subject to taxation as unrelated business income. There was no unrelated business income during the year ended June 30, 2014. The Foundation follows FASB ASC Topic 740-10, Accounting for Uncertainty in Income Taxes. This standard seeks to reduce the diversity in practice associated with certain aspects of measurement and recognition in accounting for income taxes. It prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position that an entity takes or expects to take in a tax return. An entity may only recognize or continue to recognize tax positions that meet a "more likely than not" threshold. The Foundation assesses its income tax positions based on management's evaluation of the facts, circumstances, and information available at the reporting date. The Foundation uses the prescribed "more likely than not" threshold when making its assessment. The Foundation did not record any adjustment and did not accrue any interest expense or penalties related to tax positions. There are currently no open federal or state tax years under audit. |
| Part XI, Line 2d - Other Adjustments: | Investment Management Fee -405,801. Rental Expenses 712,825. |
| Part XII, Line 2d - Other Adjustments: | Investment Management Fee -405,801. Rental Expenses 712,825. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (27 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Academy for Nursing & Health Occupation | |||||||
| 5154 Okeechobee Blvd | West Palm Beach | FL | 33417 | 592757346 | 501(C)(3) | $10,509 | Nursing Scholarships |
| Alzheimers Communiuty Care | |||||||
| 800 Northpoint Parky | West Palm Beach | FL | 33407 | 311481653 | 501(C)(3) | $80,000 | Family Care |
| Caridad Center | |||||||
| 8645 West Boynton Beach Blvd | Boynton Beach | FL | 33472 | 650149423 | 501(C)(3) | $79,000 | Diabetes Prevention, Mnagement for Minorities & Capital Support. |
| Catholic Charities of the Diocese of Palm Beach Inc | |||||||
| PO Box 109650 | Palm Beach Gardens | MD | 33410 | 592470479 | $25,000 | Interfaith, Health and Wellnes Faith, Community Nursing | |
| Community Foundation of Palm Beach and Martin County | |||||||
| 700 South Dixie Hwy Suite 200 | West Palm Beach | FL | 33401 | 237181875 | 501(C)(3) | $30,000 | Great Give Event |
| El Sol Neighborhood | |||||||
| 106 Military Trail | Jupiter | FL | 33458 | 108706720 | 501(C)(3) | $35,000 | VISTA Match |
| FAU Foundation | |||||||
| 777 Glades Rd 247 | Boca Raton | FL | 33431 | 590917284 | 501(C)(3) | $374,559 | Nursing Scholarships |
| Cancer Alliance of Help & Hope | |||||||
| PO Box 3038 | Tequesta | FL | 33469 | 900101236 | 501(C)(3) | $7,500 | Financial Support |
| Genesis Community Health Inc | |||||||
| 564 East Woolbright Rd | Boynton Beach | FL | 33435 | 800374741 | 501(C)(3) | $25,000 | Diabetes Coalition |
| Chamber of Nonprofit Health & Human Services | |||||||
| 4630 Catamaran Circle | Boynton Beach | FL | 33436 | 900848354 | 501(C)(3) | $10,000 | Jacquie Liggett Fellowship |
| Clinics Can Help | |||||||
| 1550 Latham Rd Ste 10 | West Palm Beach | FL | 33410 | 202778895 | 501(C)(3) | $10,000 | Genral Support |
| Hospice Foundation of PBC | |||||||
| 139 North County Rd | Palm Beach | FL | 33480 | 592543362 | 501(C)(3) | $81,877 | Marmont Quarterly Payment |
| Community Child Care Center of Delray Beach | |||||||
| 555 NW 4th St | Delray Beach | FL | 33444 | 591264435 | 501(C)(3) | $200,000 | Healthier Together Mapping |
| Housing Partnership | |||||||
| 2001 W Blue Heron Blvd | Riviera Beach | FL | 33404 | 592704597 | 501(C)(3) | $30,000 | Neighborworks Conference |
| Jupiter Medical Center | |||||||
| 1210 S Old Dixie Hwy | Jupiter | FL | 33458 | 650132406 | 501(C)(3) | $200,000 | Fiscal agent |
| Ipert Jewish Family & Jewish Services | |||||||
| 5841 Corporate Dr Suite 200 | West Palm Beach | FL | 33407 | 501(C)(3) | $75,000 | Enhanced Companion Program | |
| Keiser University | |||||||
| 2085 Vista Pky | West Palm Beach | FL | 33411 | 650216638 | 501(C)(3) | $6,538 | Scholarships |
| Palm Beach Atlantic University | |||||||
| 901 South Flagler Dr | West Palm Beach | FL | 33416 | 591092732 | 501(C)(3) | $39,763 | Nursing Programs |
| Northwest Community Consortuim | |||||||
| 409 N Rosemary AVe | West Palm Beach | FL | 33401 | 271113500 | 501(C)(3) | $100,000 | NCCI planning |
| Palm Beach State College | |||||||
| 4200 Congress Ave | Lake Worth | FL | 33461 | 591818556 | 501(C)(3) | $11,412 | Nursing Scholarships |
| PB County Youth for Christ | |||||||
| 800 NOrthpoint Pky | West Palm Beach | FL | 33407 | 592197296 | 501(C)(3) | $50,000 | Health, Nutrition |
| T Leroy Jefferson Medical Society | |||||||
| 3500 S Dixie Hwy | West Palm Beach | FL | 33405 | 331009975 | 501(C)(3) | $30,000 | Projest Stratosphere |
| The Arc of Palm Beach County | |||||||
| 1201 Australia Ave | Riviera Beach | FL | 33404 | 590883386 | 501(C)(3) | $25,000 | ARC Respite |
| Urban Youth Impact of PBC | |||||||
| 2323 N Australian Ave | West Palm Beach | FL | 33407 | 501(C)(3) | $20,000 | After School Programs | |
| South University | |||||||
| 9801 Belvedere Rd | Roytal Palm Beach | FL | 33433 | 753009226 | 170(C)(1) | $107,214 | Nursing Scholarships |
| Nova SE University | |||||||
| RCA Blvd 7000 | Palm Beach Gardens | FL | 33410 | 591083502 | 501(C)(3) | $13,750 | Scholarships |
| Hanley Center Foundation | |||||||
| 933 45th St | West Palm Beach | FL | 33407 | 202871945 | 501(C)(3) | $56,877 | General Operations |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 26 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Palm Healthcare Foundation practices engaged investment, a collaborative grantmaking philosophy that builds strong community relationships and is the impetus for its new Healthier Together initiative. Rather than treating symptoms alone, our Healthier Together initiative works to solve complex healthcare problem by targeting the root causes. Collaborating with community leaders and residents, we can generate change from the inside out. We believe that by planting deep roots and working hand-in-hand with key leaders toward a common goal, everyone in the community can live better, healthier and more enjoyable lives together. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Andrea Bradley | ||||||||||||||
| CEO | $256,525 | $0 | $0 | $0 | $0 | $0 | $8,400 | $0 | $7,263 | $0 | $272,188 | $0 | $0 | $0 |
| John Peters | ||||||||||||||
| CFO | $154,192 | $0 | $0 | $0 | $0 | $0 | $8,400 | $0 | $6,798 | $0 | $169,390 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11 | The Organzation makes its form 990 available to the board of directors by distributing a copy to each member of the board of trustees prior to filing with the IRS. The board reviews the content and discusses at a regularly scheduled board meeting. A motion is made to approve the filing of the form 990. |
| Form 990, Part VI, Section B, line 12c | The Foundation strictly adheres to the conflict of interest/disclosure policy. Pursuant to the policy, during discussion or debate at scheduled board committee meetings, trustees, employees and volunteers with real, perceived, or potential conflicts of interest must announce those conflicts to the attendees. Trustees, employees, and volunteers who have stated a potential conflict must abstain from the vote, vacate the room while the vote is taken and return after the vote has been decided. The action will be noted in the meeting minutes. Additionally, board members provide a conflict of interest/disclosure form annually in conjunction with the annual meeting. |
| Form 990, Part VI, Section B, line 15 | The CEO and key employees compensation is reviewed annually and compared with similar not for profit positions from independent surveys. By recommendation of the executive committee, the board of trustees approves the CEO compensation. In addition, the board approves all employees compensation as detailed in the annual operating budget. |
| Form 990, Part VI, Section C, line 19 | The Organization makes its governing documents, conflict of interest policy, financial statements available upon request. The annual report is made available on the Organization's website. |
| Part XII Line 2C | Audit Report Review Process: The audit report is reviewed annually at the audit report review meeting as presented by the independent auditors. The process has not changed from the prior year. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 5205 Building LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5205 Greenwood Avenue | AddressLine1Txt |
| City | West Palm Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33405 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Commercial Rental Property | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Total Income | $189,518 | TotalIncomeAmt |
| End Of Year Assets | $7,329,467 | EndOfYearAssetsAmt |
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