2015-12-21T12:34:44-06:00 2015-06-30 651083521 Holyfield & Thomas LLC 125 Butler Street West Palm Beach FL 33407 990 2014-07-01 592391119 Palm Healthcare Foundation Inc PALM 5618336333 700 South Dixie Highway No 205 West Palm Beach FL 33401 Andrea Bradley JD CEO 5618336333 2015-12-21 1 David J Thomas P00002419 5616896000 2014 2016-04-25 22:37:26Z Andrea Bradley JD 700 South Dixie Highway No 205 West Palm Beach FL 33401 29865280 0 X http://www.palmhealthcare.org/ X 1984 FL Solves critical healthcare issues through creative community-wide collaboration. 13 13 16 0 0 0 517190 305981 0 79695 5565277 3313850 -12852 -406499 6069615 3293027 2350402 1734498 0 0 1214021 1100046 0 0 378069 1440844 1482034 5005267 4316578 1064348 -1023551 87329479 84642019 1998077 2047809 85331402 82594210 X 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. 0 0 2573710 1250675 6095 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. 97586 483822 72100 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. 10330 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. 1500 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. 909623 Other accomplishments. 909623 1500 3591249 1 1 0 0 0 1 0 0 0 1 1 0 0 1 0 1 0 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 1 0 0 0 0 1 14 0 1 16 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X Andrea Bradley CEO 5618336333 700 S Dixie Highway West Palm Beach FL 33401 Mark Cook Chairman 2.00 X X 0 0 0 Philippe Jeck Vice Chairman 2.00 X X 0 0 0 Christopher Gryskiewicz Treasurer 2.00 X X 0 0 0 Barbara Jacobowitz Secretary 1.00 X X 0 0 0 Ruth Schwarkopf Trustee 1.00 X 0 0 0 Alina M Alonso MD Trustee 1.00 X 0 0 0 David Dodson MD Trustee 1.00 X 0 0 0 Pete Martinez Trustee 1.00 X 0 0 0 Mark Rubenstein MD Trustee 1.00 X 0 0 0 Joseph B Shearouse III Trustee 1.00 X 0 0 0 Greg Quattlebaum Trustee 1.00 X 0 0 0 Andrea Stephenson Trustee 1.00 X 0 0 0 Denise Bober Trustee 1.00 X 0 0 0 Andrea Bradley CEO 40.00 X 256525 0 15663 John Peters CFO 40.00 X 154192 0 15198 Amy Dean Vice President 40.00 X 114431 0 13565 Marjorie Sullivan Vice President 40.00 X 116088 0 14384 641236 0 58810 4 0 1 0 0 305981 305981 Program Revenue 900099 79695 79695 79695 1584820 1584820 189518 472562 -283044 -283044 -283044 27828721 26099691 1729030 1729030 1729030 Change in Value of Split Interest 900099 -123455 -123455 -123455 3293027 79695 0 2907351 1734498 1734498 259411 142731 54566 62114 674887 373031 139702 162154 33987 16141 10546 7300 63659 30233 19754 13672 68102 36716 15400 15986 22936 18348 2294 2294 31008 24806 3101 3101 405800 324640 40580 40580 269195 261018 4376 3801 72562 58050 7256 7256 33851 30023 75 3753 124847 91282 21794 11771 24687 16688 2201 5798 75469 57250 1518 16701 13818 13818 25871 20697 2587 2587 Community Outreach 248837 243261 48 5528 Repairs & Maintenance 68061 59754 6181 2126 Dues & Membership 25961 23141 777 2043 Training & Education 12730 9818 306 2606 26401 19123 380 6898 4316578 3591249 347260 378069 500 500 1636126 1505181 13307 22993 20259 18248 9675916 2413325 7603291 7262591 72732710 71284897 5323286 4547609 87329479 84642019 258843 125161 1739234 1922648 1998077 2047809 X 63420588 62021263 12700159 11362292 9210655 9210655 85331402 82594210 87329479 84642019 -1023551 -1713641 0 X X 0 1 X 1 0 X 754372 675411 735690 517190 305981 2988644 754372 675411 735690 517190 305981 2988644 2988644 2335696 2127784 2432404 2287471 1774338 10957693 13946337 314505 0.21430 0.21410 X 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8 94978 274252 2784600 1 1 14011199 255597 684020 13582776 13080579 1718222 239920 547682 14011199 17332364 317163 2896874 1015077 19531324 8920300 263617 9444847 1296400 17332364 9135148 -214848 8920300 0.00000 0.67810 0.32190 0 0 8560047 2088240 6471807 655000 117354 537646 40535 17208 23327 359895 60439 190523 229811 7262591 Split Interest Agreement 4547609 4547609 X 1886410 -1713641 307024 -1406617 3293027 0 3293027 4623602 307024 307024 4316578 0 4316578 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. 1 Academy for Nursing & Health Occupation 5154 Okeechobee Blvd West Palm Beach FL 33417 592757346 501(C)(3) 10509 Nursing Scholarships Alzheimers Communiuty Care 800 Northpoint Parky West Palm Beach FL 33407 311481653 501(C)(3) 80000 Family Care Caridad Center 8645 West Boynton Beach Blvd Boynton Beach FL 33472 650149423 501(C)(3) 79000 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 25000 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) 30000 Great Give Event El Sol Neighborhood 106 Military Trail Jupiter FL 33458 108706720 501(C)(3) 35000 VISTA Match FAU Foundation 777 Glades Rd 247 Boca Raton FL 33431 590917284 501(C)(3) 374559 Nursing Scholarships Cancer Alliance of Help & Hope PO Box 3038 Tequesta FL 33469 900101236 501(C)(3) 7500 Financial Support Genesis Community Health Inc 564 East Woolbright Rd Boynton Beach FL 33435 800374741 501(C)(3) 25000 Diabetes Coalition Chamber of Nonprofit Health & Human Services 4630 Catamaran Circle Boynton Beach FL 33436 900848354 501(C)(3) 10000 Jacquie Liggett Fellowship Clinics Can Help 1550 Latham Rd Ste 10 West Palm Beach FL 33410 202778895 501(C)(3) 10000 Genral Support Hospice Foundation of PBC 139 North County Rd Palm Beach FL 33480 592543362 501(C)(3) 81877 Marmont Quarterly Payment Community Child Care Center of Delray Beach 555 NW 4th St Delray Beach FL 33444 591264435 501(C)(3) 200000 Healthier Together Mapping Housing Partnership 2001 W Blue Heron Blvd Riviera Beach FL 33404 592704597 501(C)(3) 30000 Neighborworks Conference Jupiter Medical Center 1210 S Old Dixie Hwy Jupiter FL 33458 650132406 501(C)(3) 200000 Fiscal agent Ipert Jewish Family & Jewish Services 5841 Corporate Dr Suite 200 West Palm Beach FL 33407 501(C)(3) 75000 Enhanced Companion Program Keiser University 2085 Vista Pky West Palm Beach FL 33411 650216638 501(C)(3) 6538 Scholarships Palm Beach Atlantic University 901 South Flagler Dr West Palm Beach FL 33416 591092732 501(C)(3) 39763 Nursing Programs Northwest Community Consortuim 409 N Rosemary AVe West Palm Beach FL 33401 271113500 501(C)(3) 100000 NCCI planning Palm Beach State College 4200 Congress Ave Lake Worth FL 33461 591818556 501(C)(3) 11412 Nursing Scholarships PB County Youth for Christ 800 NOrthpoint Pky West Palm Beach FL 33407 592197296 501(C)(3) 50000 Health, Nutrition T Leroy Jefferson Medical Society 3500 S Dixie Hwy West Palm Beach FL 33405 331009975 501(C)(3) 30000 Projest Stratosphere The Arc of Palm Beach County 1201 Australia Ave Riviera Beach FL 33404 590883386 501(C)(3) 25000 ARC Respite Urban Youth Impact of PBC 2323 N Australian Ave West Palm Beach FL 33407 501(C)(3) 20000 After School Programs South University 9801 Belvedere Rd Roytal Palm Beach FL 33433 753009226 170(C)(1) 107214 Nursing Scholarships Nova SE University RCA Blvd 7000 Palm Beach Gardens FL 33410 591083502 501(C)(3) 13750 Scholarships Hanley Center Foundation 933 45th St West Palm Beach FL 33407 202871945 501(C)(3) 56877 General Operations 26 1 Part I, Line 2: 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. X X 0 0 0 0 0 0 0 0 0 Andrea Bradley CEO 256525 0 0 0 0 0 8400 0 7263 0 272188 0 0 0 John Peters CFO 154192 0 0 0 0 0 8400 0 6798 0 169390 0 0 0 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. 5205 Building LLC 5205 Greenwood Avenue West Palm Beach FL 33405 Commercial Rental Property FL 189518 7329467