2014-05-08T15:39:30-05:00 2013-06-30 232932984 PARENTEBEARD LLC 1650 MARKET STREET SUITE 4500 PHILADELPHIA PA 19103 990 2012-07-01 251865744 CHILDRENS HOSPITAL OF PITTSBURGH FOUNDAT CHIL 4126923900 4401 PENN AVENUE CENTRAL PLANT NO FLR 3 PITTSBURGH PA 15224 NICHOLAS J BARCELLONA 4126923900 2014-05-06 1 JULIUS GREEN CPA P00350393 2159720701 2012 2015-11-30 17:44:51Z NICHOLAS J BARCELLONA 4401 PENN AVENUE CENTRAL PLANT NO FLR 3 PITTSBURGH PA 15224 211121138 0 X WWW.CHP.EDU X 2000 PA TO PROVIDE FINANCIAL SUPPORT TO CHILDREN'S HOSPITAL OF PITTSBURGH OF UPMC. 31 28 39 862 -160201 -160201 14835131 13621387 0 0 8613266 11329000 689436 19128 24137833 24969515 19247368 20107545 0 0 2957436 2829275 0 0 3604990 1400022 2095574 23604826 25032394 533007 -62879 231521752 230419751 20361260 1881998 211160492 228537753 X TO PROVIDE FINANCIAL SUPPORT TO CHILDREN'S HOSPITAL OF PITTSBURGH OF UPMC. 0 0 15462761 15462761 ANNUAL FUNDING FOR CHP: CHILDREN'S HOSPITAL OF PITTSBURGH FOUNDATION (FOUNDATION) IS THE SOLE FUNDRAISING ARM OF CHILDREN'S HOSPITAL OF PITTSBURGH OF UPMC (CHILDREN'S). THROUGH TARGETED CAMPAIGNS, SPECIAL EVENTS, AND GRANTS, THE FOUNDATION RAISES MONEY TO SUPPORT THE HOSPITAL'S MISSION OF EXCELLENCE IN PATIENT CARE, TEACHING, AND RESEARCH. CHILDREN'S HAS BEEN A CHARITABLE INSTITUTION SINCE ITS INCEPTION AND REMAINS A NON-PROFIT ENTITY. TO ENSURE THE CONTINUATION OF ITS CHARITABLE MISSION, IN JULY 2000, THE FOUNDATION WAS ESTABLISHED AS A SUBSIDIARY OF CHILDREN'S. IT THEN BECAME AN INDEPENDENT ORGANIZATION WHEN THE HOSPITAL MERGED WITH UPMC IN OCTOBER 2001. THROUGH THE FOUNDATION, GENEROUS DONATIONS LARGE AND SMALL FROM INDIVIDUALS, CORPORATIONS, FOUNDATIONS, AND COMMUNITY PARTNERS HAVE A DIRECT AND IMMEDIATE IMPACT ON CHILDREN'S HOSPITAL'S ABILITY TO TRANSFORM YOUNG LIVES THROUGH UNPARALLELED CARE AND DEEP COMPASSION. ROOTED IN PHILANTHROPY, CHILDREN'S IS SUSTAINED BY GENEROUS COMMUNITY SUPPORT, SETTING THE STANDARDS OF EXCELLENCE IN PEDIATRIC CARE. IN FY 2013, THE FOUNDATION CONTRIBUTED MORE THAN $20 MILLION TO THE HOSPITAL IN SUPPORT OF THE NEW HOSPITAL CONSTRUCTION, RESEARCH, CLINICAL PROGRAMS, MEDICAL EDUCATION, AND FUNDS FOR FREE CARE.FOR MORE THAN 120 YEARS, CHILDREN'S HAS BEEN A FIXTURE IN PITTSBURGH AND THE SURROUNDING TRI-STATE REGION. WHAT BEGAN IN 1890 AS A SINGLE COT ENDOWED BY THE ENTREPRENEURIAL SON OF A LOCAL PEDIATRICIAN, HAS GROWN INTO A WORLD-RENOWNED CHILDREN'S HOSPITAL DEDICATED TO IMPROVING THE HEALTH AND WELL-BEING OF ALL CHILDREN.TODAY, CHILDREN'S CARES FOR INFANTS, CHILDREN, AND ADOLESCENTS WHO MAKE MORE THAN 1 MILLION VISITS TO OUR HOSPITAL, ITS MANY NEIGHBORHOOD LOCATIONS, AND CHILDREN'S COMMUNITY CARE PEDIATRIC PRACTICES EACH YEAR. IN FY 2013, CHILDREN'S HAD 14,250 INPATIENT STAYS, 5,602 OBSERVATION STAYS, 79,516 EMERGENCY DEPARTMENT VISITS, 20,675 SURGERIES, AND MORE THAN 1 MILLION OUTPATIENT VISITS.WITH A MEDICAL STAFF OF OVER 700, CHILDREN'S PROVIDES CARE ALONG THE FULL SPECTRUM OF PEDIATRIC SUBSPECIALTIES FROM ALLERGIES TO WEIGHT MANAGEMENT AND WELLNESS. CHILDREN'S TODAY IS A LEADER ON A NATIONAL SCALE IN A MULTITUDE OF PEDIATRIC SUB-SPECIALTIES, INCLUDING CARDIOLOGY, CARDIOTHORACIC SURGERY, DIABETES AND ENDOCRINOLOGY, HEMATOLOGY/ONCOLOGY, HEMATOLOGY, NEUROLOGY, NEUROSURGERY, ORGAN AND TISSUE TRANSPLANTATION, OTOLARYNGOLOGY (ENT), PULMONOLOGY, AND SURGERY. OUR NETWORK OF NEIGHBORHOOD LOCATIONS, AMBULATORY CARE CENTERS, PRIMARY AND SPECIALTY CARE PRACTICES, AND EXPRESS CARE CENTERS COVERS A MULTI-COUNTY REGION.CHILDREN'S IS CONSISTENTLY RANKED AMONG THE BEST CHILDREN'S HOSPITALS AND IS ONE OF 12 PEDIATRIC HOSPITALS IN THE UNITED STATES NAMED TO U.S. NEWS & WORLD REPORT'S HONOR ROLL OF AMERICA'S "BEST CHILDREN'S HOSPITALS" FOR 2012-2013. CHILDREN'S ALSO LEADS THE WAY IN ADVANCED TECHNOLOGY, WITH SEVERAL ACCOMPLISHMENTS BASED ON OUR ADOPTION OF A FULLY INTEGRATED ELECTRONIC MEDICAL RECORD. IN 2009, CHILDREN'S WAS RECOGNIZED AS THE FIRST PEDIATRIC HOSPITAL IN THIS COUNTRY TO ACHIEVE STAGE 7 RECOGNITION FROM HIMSS (HEALTHCARE INFORMATION AND MANAGEMENT SYSTEMS SOCIETY) ANALYTICS FOR ACHIEVING A VIRTUALLY PAPERLESS PATIENT RECORD ENVIRONMENT AND THE MOST COMPREHENSIVE USE OF ELECTRONIC MEDICAL RECORDS. ALL INPATIENT AND OUTPATIENT STAFF UTILIZE CHILDREN'S ERECORD FOR ORDER ENTRY, CLINICAL DECISION SUPPORT, MEDICATION BAR-CODING, CLINICIAN DOCUMENTATION AND RADIOLOGICAL IMAGES. STAGE 7 IS MEASURED BY CONFORMANCE OF THE ELECTRONIC HEALTH RECORD TO THE CONTINUITY OF CARE DOCUMENT, THE NEWLY ADOPTED INTERNATIONAL STANDARD FOR EXCHANGE OF CLINICAL INFORMATION.IN ADDITION, CHILDREN'S HAS BEEN RECOGNIZED BY KLAS, AN INDEPENDENT HEALTH CARE RESEARCH ORGANIZATION, AS THE LEADER IN ITS USE OF HEALTH CARE INFORMATION TECHNOLOGY AMONG PEDIATRIC HOSPITALS IN THE UNITED STATES.IN JULY 2012, CHILDREN'S EARNED MAGNET RECOGNITION STATUS FROM THE AMERICAN NURSES CREDENTIALING CENTER (ANCC). MAGNET IS THE HIGHEST HONOR AN ORGANIZATION CAN RECEIVE FOR EXCELLENCE IN NURSING MAKING CHILDREN'S AMONG ONLY 6 PERCENT OF HOSPITALS NATIONWIDE TO HAVE ACHIEVED THIS PRESTIGIOUS DESIGNATION. ANCC'S MAGNET RECOGNITION PROGRAM RECOGNIZES HEALTH CARE ORGANIZATIONS FOR QUALITY PATIENT CARE, NURSING EXCELLENCE, AND INNOVATIONS IN PROFESSIONAL NURSING PRACTICE.CHILDREN'S HAS THE REGION'S ONLY STATE-ACCREDITED LEVEL I PEDIATRIC TRAUMA CENTER AND HAS ONE OF THE BUSIEST EMERGENCY DEPARTMENTS, TREATING MORE THAN 77,000 CHILDREN IN THE LAST FISCAL YEAR. SUBSPECIALISTS IN ALL PEDIATRIC MEDICAL AND SURGICAL DISCIPLINES PROVIDE THE HIGHEST LEVEL OF CARE TO EVERY PATIENT AND FAMILY.CHILDREN'S HAS ONE OF THE FASTEST GROWING, NATIONAL INSTITUTES OF HEALTH-FUNDED (NIH) PEDIATRIC RESEARCH PROGRAMS IN THE COUNTRY. PEDIATRIC RESEARCH PROGRAMS AT CHILDREN'S AND THE UNIVERSITY OF PITTSBURGH SCHOOL OF MEDICINE RANKED SEVENTH IN NUMBER OF GRANTS FROM THE NIH FOR FISCAL YEAR 2011. ACTIVE RESEARCH PROGRAMS RANGE FROM STEM CELL BIOLOGY AND REGENERATIVE MEDICINE TO NOVEL STRATEGIES FOR TREATING PEDIATRIC CANCER. THE JOHN G. RANGOS SR. RESEARCH CENTER, OPENED IN 2008, HOUSES A 10-STORY, 300,000-SQUARE-FOOT RESEARCH FACILITY. IN COLLABORATION WITH THE UNIVERSITY OF PITTSBURGH'S PETER M. WINTER INSTITUTE FOR SIMULATION, EDUCATION AND RESEARCH (WISER), CHILDREN'S STATE-OF-THE-ART PEDIATRIC SIMULATION CENTER INCORPORATES LIFE-LIKE SIMULATORS AND MULTI-TASK TRAINERS THAT ALLOW HEALTH CARE PROFESSIONALS TO RECOGNIZE AND MANAGE A WIDE ASSORTMENT OF PEDIATRIC-RELATED MEDICAL SITUATIONS. IT ALSO IS USED TO IMPART VITAL SKILLS SUCH AS INTUBATION, LUMBAR PUNCTURE, IV INSERTION, IV BLOOD DRAW, ARTERIAL BLOOD DRAW, AND BLADDER CATHETERIZATION.CHILDREN'S PEDIATRIC RESIDENCY PROGRAM IS AMONG THE MOST RESPECTED IN THE COUNTRY, WITH 81 CATEGORICAL RESIDENTS, 16 INTERNAL/MEDICINE RESIDENTS AND 9 TRIPLE BOARD RESIDENTS.CHILDREN'S HOSPITAL SERVES MORE THAN 23 COUNTIES IN WESTERN PENNSYLVANIA AND SEVERAL COUNTIES THROUGHOUT OHIO AND WEST VIRGINIA. IN ADDITION TO THE HOSPITAL, CHILDREN'S OFFERS THE FOLLOWING: -AMBULATORY CARE CENTERS- CHILDREN'S EAST(MONROEVILLE), CHILDREN'S NORTH (WEXFORD) SEWICKLEY, CHILDREN'S PINE CENTER, AND CHILDREN'S SOUTH (BETHEL PARK), FOR ROUTINE PROCEDURES AND DIAGNOSTICS-EXPRESS CARE CENTERS IN BETHEL PARK, LAWRENCEVILLE, MONROEVILLE, AND WEXFORD, WHICH OFFER FAMILIES ACCESS TO CONVENIENT AND IMMEDIATE CARE FOR INFANTS, CHILDREN, AND TEENS AFTER HOURS AND ON WEEKENDS FOR TREATMENT OF MINOR INJURIES AND ILLNESSES.-PRIMARY CARE CENTERS IN CHILDREN'S OAKLAND MEDICAL BUILDING, TURTLE CREEK AND UPMC MERCY HEALTH CENTER, WHICH PROVIDES COMPREHENSIVE HEALTH SERVICES, INCLUDING SICK VISITS AND WELL-CHILD VISITS, TO INFANTS, CHILDREN, AND ADOLESCENTS THROUGHOUT THE PITTSBURGH REGION-SPECIALTY CARE CENTERS WHICH PROVIDE THE EXPERTISE OF CHILDREN'S HOSPITAL'S RENOWNED EXPERTS IN CONVENIENT NEIGHBORHOOD LOCATIONS IN THE NOTED PEDIATRIC SPECIALTIES: -CHIPPEWA (CARDIOLOGY, ENDOCRINOLOGY, GASTROENTEROLOGY, NEPHROLOGY, PULMONARY MEDICINE AND PFT TESTING), -HERMITAGE (CARDIOLOGY, GENERAL AND THORACIC SURGERY, ENDOCRINOLOGY, NEUROLOGY, GASTROENTEROLOGY, OTOLARYNGOLOGY, DOWN SYNDROME CENTER, HEMATOLOGY/ONCOLOGY, AND PULMONARY MEDICINE), -ERIE (ENDOCRINOLOGY, GASTROENTEROLOGY, NEPHROLOGY, NEUROLOGY, NEUROSURGERY, ORTHOPEDICS, AND PULMONARY MEDICINE), -JOHNSTOWN (CARDIOLOGY, NEUROLOGY, GENERAL AND THORACIC SURGERY, ENDOCRINOLOGY, GASTROENTEROLOGY, OTOLARYNGOLOGY, NEPHROLOGY, AND PULMONARY MEDICINE) -WHEELING, WV (CARDIOLOGY, GASTROENTEROLOGY, GENERAL AND THORACIC SURGERY, HEMATOLOGY/ONCOLOGY, NEUROLOGY, OTOLARYNGOLOGY, UROLOGY, ORTHOPEDIC SURGERY-REMOTE CONSULTATION FOR PEDIATRIC PATIENTS IN CRITICAL CARE UNITS LOCATED AROUND THE WORLD IS OFFERED BY CHILDREN'S WORLD-CLASS INTENSIVISTS, WHEN COMPLEX CRITICAL CARE EXPERTISE IS NEEDED.-TWO CRITICAL CARE SPECIALTIES HAVE DEVELOPED INTERNATIONAL PROGRAMS IN SOUTH AMERICA AND ITALY.-CHILDREN'S COMMUNITY CARE PEDIATRIC (CCP) IS THE LARGEST PEDIATRIC AND ADOLESCENT PRIMARY CARE MEDICAL NETWORK IN WESTERN PENNSYLVANIA, WITH 36 PRACTICE LOCATIONS IN TEN COUNTIES. CCP HAS MORE THAN 150,000 ACTIVE PATIENTS AND HAS OVER 500,000 VISITS ANNUALLY. CCP PROVIDES: -EASY ACCESS TO PRIMARY CARE AT CONVENIENT NEIGHBORHOOD LOCATIONS -MORE THAN 127 BOARD-CERTIFIED PHYSICIANS, PLUS DEDICATED PHYSICIANS' ASSISTANTS AND NURSE PRACTITIONERS -A WELL-CHILD CARE PHILOSOPHY FOR PREVENTION OF DISEASE AND INJURY -EXPERT TREATMENT FOR BOTH ACUTE AND CHRONIC PEDIATRIC CONDITIONS -SPECIALTY SERVICES INCLUDING BEHAVIORAL HEALTH, WEIGHT MANAGEMENT, AND SPORTS MEDICINE -ACCESS TO WORLD-CLASS SPECIALISTS THROUGH ITS AFFILIATION WITH CHILDREN'S HOSPITAL 2916182 2916182 FUNDING FOR CHP NEW BUILDING: CONTRIBUTIONS ARE PROCESSED ON A MONTHLY BASIS TO SUPPORT THE CHILDREN'S HOSPITAL BUILDING. WITH 296 LICENSED BEDS, CHILDREN'S OFFERS COMPREHENSIVE INPATIENT AND OUTPATIENT HEALTH CARE SERVICES AT ITS MAIN CAMPUS IN THE LAWRENCEVILLE NEIGHBORHOOD OF PITTSBURGH. BUILT ON 10 ACRES WITH 1.5 MILLION SQUARE FEET OF USABLE SPACE, CHILDREN'S WAS DESIGNED WITH INPUT FROM PHYSICIANS, NURSES, AND FAMILIES TO ENSURE IT MEETS THE UNIQUE REQUIREMENTS OF PEDIATRIC HEALTH CARE PROVIDERS AND THE PATIENTS THEY SERVE. THE HOSPITAL IS A BENCHMARK FOR QUALITY CARE BUILT ON FIVE PRINCIPLES INCLUDING: FAMILY-CENTERED CARE, PATIENT SAFETY AND QUALITY, TECHNOLOGICAL SOPHISTICATION, GREEN CAMPUS AND QUIET BUILDING. ALL OF THESE ITEMS ENSURE THE PATIENTS RECEIVE TOP QUALITY CARE IN A COMFORTABLE SETTING.CHILDREN'S STRIVES FOR ADVANCING THE HOSPITAL CONCEPT WITH FAMILY-CENTERED BEDSIDE ROUNDS AS AN INTEGRAL PART OF WELCOMING PARENTS AS PARTNERS IN THEIR CHILDREN'S MEDICAL TREATMENT. THE DAILY DISCUSSION AMONG ATTENDING PHYSICIANS AND RESIDENTS ABOUT A PATIENT'S CONDITION AND COURSE OF TREATMENT NO LONGER TAKES PLACE IN A CONFERENCE ROOM - IT TAKES PLACE IN THE CHILD'S ROOM, WITH PARENTS PARTICIPATING. THIS INITIATIVE HAS ALREADY DEMONSTRATED IMPROVED TEACHING, EFFICIENCY, AND PATIENT SATISFACTION. 1728602 1728602 FREE CARE FUNDING: PARENTS FACE PLENTY OF WORRIES, BUT WHETHER OR NOT THEY CAN AFFORD THEIR CHILD'S HEALTH CARE SHOULD NEVER BE ONE OF THEM. CHILDREN'S PROVIDES CARE TO SICK CHILDREN IN OUR REGION, REGARDLESS OF THEIR FAMILIES' INSURANCE OR ABILITY TO PAY THROUGH THE GENEROUS DONATIONS MADE TO THE FREE CARE FUND.DURING THE FISCAL YEAR 2013, WHICH ENDED JUNE 30, 2013, CHILDREN'S PROVIDED MORE THAN $25 MILLION IN FREE AND UNCOMPENSATED CARE. 20107545 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 39 1 1 1 0 0 0 0 1 1 0 0 0 0 X 31 28 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X GREGORY KEEGAN 4126923900 4401 PENN AVENUE CENTRAL PLANT NO PITTSBURGH PA 15224 X LESLIE W BRAKSICK PHD 1.00 X 0 0 0 JAY W CLEVELAND JR 2.50 X 0 0 0 REBECCA COST SNYDER 1.00 X 0 0 0 RONALD R DAVENPORT JR 1.00 X 0 0 0 ROBERT DELLINGER 1.00 X 0 0 0 DOUGLAS P DICK 2.50 X 0 0 0 MARY JO DIVELY ESQ 3.50 X X 0 0 0 EDWARD L DOHENY II 0.50 X 0 0 0 MARK A SNYDER 1.00 X 0 0 0 JOSEPH M FORTUNATO 0.50 X 0 0 0 CHRISTOPHER A GESSNER 2.00 X 0 0 0 GEORGE K GITTES MD 1.00 X 0 0 0 LAWRENCE N GUMBERG 2.50 X 0 0 0 JAMES L GUTTMAN 1.00 X 0 0 0 HOWARD W HANNA III 4.00 X X 0 0 0 SYLVAN HOLZER 2.50 X 0 0 0 LAURA SHAPIRA KARET 1.00 X 0 0 0 ARTHUR S LEVINE MD 1.00 X 0 0 0 JOSEPH P LOHMAN 1.00 X 0 0 0 RAMSEY LYONS 1.00 X 0 0 0 VANESSA OPPERMAN MOREHOUSE 1.00 X 0 0 0 JOSEPH C MANZINGER 1.00 X 0 0 0 MARTHA HARTLE-MUNSCH ESQ 1.00 X 0 0 0 DENISE M PAMPENA 2.50 X 0 0 0 JOAN ROSSIN STEPHENS 2.50 X 0 0 0 DOROTHY J POLLON 2.50 X 0 0 0 JOHN G RANGOS SR 1.00 X 0 0 0 CLIFFORD R ROWE JR 1.00 X 0 0 0 STEVE J SHANGOLD 1.00 X 0 0 0 JOSEPH C WALTON 1.00 X 0 0 0 J GREGORY BARRETT 40.00 X X 0 361484 28962 JAMES FREY FORMER 40.00 X 0 154884 17673 LAUREL RAGLAND FORMER 20.00 X 0 0 0 RACHEL A PETRUCELLI 40.00 X 0 121940 20798 NICHOLAS J BARCELLONA 20.00 X 0 0 0 0 638308 67433 0 0 1 0 CHILDREN'S MIRACLE NETWORK 205 W 700 SOUTH SALT LAKE CITY UT 84101 HOSPITAL FUNDRAISING NETWORK 146082 1 859221 1090000 11672166 1611964 13621387 3577578 -160201 3737779 193596334 185844912 7751422 7751422 7751422 322764 859221 305717 17047 17047 2125 994 1131 1131 RECOVERY OF BAD DEBT 900099 950 950 950 24969515 0 -160201 11508329 20107545 20107545 1134858 304142 830716 1096509 293864 802645 437735 117313 320422 160173 42926 117247 15463 4144 11319 29500 7906 21594 451250 120935 330315 289887 77690 212197 44791 12004 32787 151294 40547 110747 156736 42005 114731 73133 19600 53533 113553 30432 83121 2983 799 2184 12178 3264 8914 PRINTING & POSTAGE 215120 57652 157468 BAD DEBT EXPENSE 150939 40452 110487 DUES & LICENSES 123861 33195 90666 CATERING SERVICES 89926 24100 65826 174960 46889 128071 25032394 20107545 1319859 3604990 200 200 34873574 18561927 7813481 6068602 992960 986249 9695 6711 138505110 148294565 41489853 48213227 8829839 9274519 231521752 230419751 20361260 1881998 20361260 1881998 X 104748620 114728643 47700984 56917703 58710888 56891407 211160492 228537753 231521752 230419751 X -62879 16995460 444680 X X 0 1 X 1 0 X 17175772 8582949 13050841 14835131 13621387 67266080 17175772 8582949 13050841 14835131 13621387 67266080 2908382 64357698 5428299 3914249 4087303 4346875 3577578 21354304 88620384 0.72620 0.65640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 208269324 7981537 28244322 32525756 443563 211525864 242591022 7023193 -11352852 29280803 711236 208269324 195587186 11535487 49685400 13595525 621526 242591022 206715155 13443494 30057580 53860036 769007 195587186 272588599 9688740 -52336280 22437542 788362 206715155 0.53000 0.23000 0.24000 0 0 537114 537114 0 435 435 0 455411 448700 6711 6711 PRIVATE EQUITY PARTNERSHIP 20594819 F UPMC LONG-SHORT STRATEGY 17981750 F DISTRESSED DEBT FUNDS 9636658 F 48213227 ANNUITIES-OTHER LT LIABILITIES 27554 ACCRUAL OPERATING FUNDING 1347959 FUNDING COMMITTMENT-NEW BUILDING 6050 FUNDING COMMITTMENT-NONCURRENT 348362 ACCRUAL OPERATING EXPENSE 152073 1881998 X 42114177 16995460 293741 17289201 24824976 451250 -306711 144539 24969515 24736916 306711 306711 24430205 451250 150939 602189 25032394 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: PROVIDE SUPPORT FOR CHILDREN'S HOSPITAL OF PITTSBURGH OF UPMC DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), AND IS EXEMPT FROM FEDERAL TAXES ON ITS EXEMPT INCOME UNDER SECTION 501(A) OF THE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE INCOME TAXES IS RECORDED. THE FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD AT JUNE 30, 2013 AND 2012. THE FOUNDATION'S FEDERAL INCOME TAX RETURNS ARE NO LONGER SUBJECT TO EXAMINATION BY FEDERAL TAXING AUTHORITIES FOR YEARS BEFORE JUNE 30, 2010. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST 444,680. ALLOWANCE FOR DOUBTFUL ACCOUNTS AND WRITE OFFS -150,939. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE -305,717. GAMING EXPENSES -994. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 305,717. GAMING EXPENSES 994. PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOWANCE FOR DOUBFTUL ACCOUNTS AND WRITE OFFS 150,939. CARIBBEAN - GRAND CAYMEN 0 0 PORTFOLIO INVESTMENT 9636658 0 0 0 0 0 0 9636658 0 9636658 1 0 0 1 1 0 CHP 5TH GOLF OUTING 228830 152754 76076 17253 32304 19444 1895 13048 GIGLIOTTI GOLF OUTING 96630 59348 37282 3286 12820 16237 14 856525 647119 209406 18224 28190 67690 28907 46419 1181985 859221 322764 38763 73314 103371 30802 59467 305717 17047 0 CHILDREN'S HOSPITAL OF PGH OF UPMC 3705 FIFTH AVENUE PITTSBURGH PA 15213 250402510 501(C)(3) 18495581 1611964 BOOK AND ESTIMATED NOMINAL COST TOYS, BOOKS, COMFORT ITEMS, OTHER ANNUAL FUNDRAISING SUPPORT, FREE CARE, NEW BUILDING X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 J GREGORY BARRETT 0 247390 0 100000 0 14094 0 21000 0 7962 0 390446 0 6300 JAMES FREY FORMER 0 147480 0 0 0 7404 0 10500 0 7173 0 172557 0 0 PART I, LINE 1A THE ORGANIZATION PAYS CLUB DUES ON BEHALF OF CERTAIN OFFICERS. THE CLUB MEMBERSHIPS ARE USED FOR FUNDRAISING PURPOSES AND MEETINGS WITH DONORS, THEREFORE WE CONCLUDE CLUB DUES PAID ARE CONSIDERED NOT TAXABLE. PART I, LINE 7 CHPF PROVIDES INCENTIVE COMPENSATION AS PART OF ITS TOTAL COMPENSATION PROGRAM FOR OFFICERS AND KEY EMPLOYEES. THIS COMPONENT IS BASED UPON THE ACCOMPLISHMENT OF PREDETERMINED PERFORMANCE GOALS AND OBJECTIVES WHICH FOCUS ON THE ACHIEVEMENT OF MULTIPLE ANNUAL AND THREE YEAR INDIVIDUAL AND GROUP PERFORMANCE CRITERIA. THESE CRITERIA DIRECTLY SUPPORT CHPF'S MISSION AND INCLUDE: COMMUNITY BENEFITS, OPERATION AND FINANICAL STRENGTH, LEADERSHIP DEVELOPMENT AND STRATEGIC BUSINESS INITIATIVES AMONG OTHER THINGS. SYLVAN HOLZER BOARD MEMBER OF THE ORGANIZATION IS PRESIDENT OF PNC BANK 109317 INVESTMENT MANAGEMENT FEE - EACH OF THE TRANSACTIONS DESCRIBED IN SCHEDULE L, PART IV WERE NEGOTIATED AT ARMS LENGTH AND ARE BASED ON FAIR MARKET VALUE. IN ACCORDANCE WITH APPLICABLE POLICIES AND PROCEDURES, INTERESTED PERSONS ABSTAINED FROM DECISION MAKING PROCESS WITH RESPECT TO EACH TRANSACTION. 0 SARAH HANNA WHITE DAUGHTER OF BOARD CHAIRMAN HOWARD W. HANNA III 88639 SARAH IS PAID AS AN EMPLOYEE OF THE FOUNDATION. SARAH IS THE DAUGHTER OF THE CHAIRMAN OF THE BOARD. 0 X 36 1108258 STOCK MARKET VALUE X AMENITIES 677 401206 ESTIMATED NOMINAL COST X ADVERTISING 1 102500 ESTIMATED NOMINAL COST 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 THE CHAIRMAN OF THE BOARD OF DIRECTORS DAUGHTER IS AN EMPLOYEE OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11 THE TREASURER/CFO PRESENTS THE COMPLETED FORM 990 TO THE FINANCE AND INVESTMENT COMMITTEE OF THE BOARD FOR THEIR REVIEW AND DISCUSSION. ONCE APPROVED BY THIS COMMITTEE, THE 990 IS MADE AVAILABLE TO THE OTHER BOARD MEMBERS VIA THE FOUNDATION'S WEBSITE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE EACH YEAR. ALL FORMS ARE SUBMITTED TO THE EXECUTIVE ASSISTANT OF THE PRESIDENT. THE UPMC TAX DEPARTMENT REVIEWS THE RESPONSES. IF NECESSARY FURTHER REVIEW IS PERFORMED BY LEGAL COUNSEL WHO WILL FOLLOW UP WITH BOARD MEMBERS AS NECESSARY TO RESOLVE POTENTIAL CONFLICTS. FOR ALL CONFLICTS IDENTIFIED, THE INTERESTED PERSONS ABSTAIN FROM DISCUSSION OF AND VOTE ON THE RELATED MATTER. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS REVIEWED BY INDEPENDENT MEMBERS OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE EVALUATES INDIVIDUAL PERFORMANCE AND COMPARABLE INDUSTRY BENCHMARKS THROUGH WOODMARK TO ENSURE COMPENSATION IS WITHIN FMV RANGE FOR THE POSITION. ALL DECISIONS OF THE COMPENSATION COMMITTEE ARE DOCUMENTED IN THE PERSONNEL FILES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII: AS DESCRIBED IN PART III, LINE 4A WHEN THE HOSPITAL MERGED WITH UPMC THE FOUNDATION BECAME AN INDEPENDENT ORGANIZATION. HOWEVER THE FOUNDATION'S CORE MISSION IS TO SUPPORT THE HOSPITAL, SO THERE IS A STRONG RELATIONSHIP BETWEEN THE HOSPITAL AND THE FOUNDATION. AS SUCH, THE FOUNDATION USES THE HOSPITAL AS A COMMOM PAY AGENT. THE FOUNDATION EMPLOYEES ARE PAID BY THE HOSPITAL AND THE HOSPITAL IS SUBSEQUENTLY REIMBURSED. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUST 444,680. FORM 990, PART XII, LINE 2C: CHILDREN'S HOSPITAL OF PITTSBURGH FOUNDATION HAS AN AUDIT COMMITTEE THAT IS ESTABLISHED TO ASSIST THE BOARD OF TRUSTEES IN FULFILLING ITS OVERSIGHT RESPONSIBILITIES BY MONITORING THE CHPF FINANCIAL REPORTS AND ANNUALLY REVIEWING AND APPROVING THE AUDITED FINANCIAL STATEMENTS VIA FORMAL BOARD RESOLUTION. THE CHPF FINANCIAL STATEMENTS ARE REVIEWED BY AN OUTSIDE INDEPENDENT PUBLIC ACCOUNTING FIRM WHO AS PART OF THE PROCESS ISSUES THE INDEPENDENT AUDITOR'S OPINION. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.