2013-08-13T10:48:33-05:00 2012-09-30 ERNST & YOUNG US LLP 18111 VON KARMAN AVENUE SUITE 1000 IRVINE CA 92612 990 2011-10-01 953222343 HOAG HOSPITAL FOUNDATION % FLYNN ANDRIZZI HOAG 9497647219 500 SUPERIOR AVENUE SUITE 350 NEWPORT BEACH CA 92663 Flynn A Andrizzi 2013-08-07 9497942300 2011 2016-02-25 16:41:14Z FLYNN ANDRIZZI 500 SUPERIOR AVE SUITE 350 NEWPORT BEACH CA 92663 87773794 false X WWW.HOAGHOSPITALFOUNDATION.ORG X 1977 CA THE MISSION OF HOAG HOSPITAL FOUNDATION IS ADVANCING THE MISSION OF HOAG MEMORIAL HOSPITAL PRESBYTERIAN THROUGH MEANINGFUL AND INSPIRATIONAL PHILANTHROPIC PARTNERSHIPS. 22 20 0 871 -86484 0 19986394 23737876 0 0 5949792 4720840 -422879 -434416 25513307 28024300 18798785 26893726 0 0 4046796 4329657 0 0 9076891 7594183 6876995 30439764 38100378 -4926457 -10076078 168297521 168642061 4310316 4341657 163987205 164300404 X HOAG HOSPITAL FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO RAISE FUNDS FOR HOAG MEMORIAL HOSPITAL PRESBYTERIAN. false false 26893726 26893726 0 SUPPORT TO HOAG MEMORIAL HOSPITAL PRESBYTERIAN FOR EXPANSION, EQUIPMENT, PROGRAMS, NURSING SCHOLARSHIPS AND VARIOUS OPERATING EXPENSES. 26893726 true true false false false false false false false true false true false false true true false true false false true false false false true false false true true true false false false true false false false false true false false false false true true false false false true X 22 0 true 0 true true false false false false true true false false false false X 22 20 false false false false true true true true true false false true true true true true true true true false CA X FLYNN ANDRIZZI 9497647219 500 SUPERIOR AVENUE SUITE 350 NEWPORT BEACH CA 92663 X James A Coufos 4.0 X X 0 0 0 James T Morris 2.0 X X 0 0 0 Gregory P Brakovich 1.0 X 0 0 0 Richard Afable MD 3.0 X 0 1142245 213779 Lauri Delson 1.0 X 0 0 0 Max W Hampton 2.0 X 0 0 0 Margaret G Larkin 1.0 X 0 0 0 Ron Livingston 1.0 X 0 0 0 James Slavik 1.0 X 0 0 0 Cynthia Stokke 2.0 X X 0 0 0 Robert R Taylor 1.0 X 0 0 0 Rusty Turner 1.0 X 0 0 0 Robert K Cole 2.0 X 0 0 0 Stephen Jones 1.0 X 0 0 0 Roger T Kirwan 2.0 X X 0 0 0 Sandi Simon 1.0 X 0 0 0 Flynn A Andrizzi PhD 50.0 X X 0 459532 47328 Byron E Allumbaugh 1.0 X 0 0 0 Robert Brunswick 1.0 X 0 0 0 Pei-Yuan Chia 1.0 X 0 0 0 Stephanie McClellan MD 1.0 X 0 0 0 Joseph C Obegi 1.0 X 0 0 0 Jeff Purser 50.0 X 0 293195 44124 Sharon Thornton 50.0 X 0 226293 22252 Gregory Gissendanner 50.0 X 0 157087 14515 Kenya Beckman 50.0 X 0 180138 15132 Heather Harwell 50.0 X 0 129465 16174 Doreen Girling 50.0 X 0 133869 16573 0 2721824 389877 0 false true false WHMBR LLC ST REGIS MONARCH BEACH ONE MONARCH BEACH RESORT DANA POINT CA 92629 EVENT SERVICES 115169 1 18000 5457868 18262008 251768 23737876 0 2220178 2220178 0 0 60226896 57726234 2500662 2500662 2500662 1675328 5457868 2023260 -347932 -347932 0 0 UBI FROM PARTNERSHIPS / LLC'S 525990 -86484 -86484 -86484 28024300 0 -86484 4372908 26873726 26873726 20000 20000 0 0 1770171 483066 1287105 0 1473050 70039 1403011 0 881029 160243 720786 205407 35211 170196 342313 68463 273850 17659 3532 14127 199156 199156 0 0 591543 591543 0 83380 16676 66704 335657 60231 275426 35106 7021 28085 0 235477 42321 193156 31195 6176 25019 0 0 0 0 118366 23673 94693 0 FUNDRAISING - (TOSHIBA & NB) 4024874 4024874 PURCHASED SERVICES 624824 124965 499859 HEALTHCARE FORUM EXPENSES 114752 114752 All other expenses 122693 122693 38100378 26893726 2129761 9076891 9111130 7829982 8074106 6466696 40650345 40868379 0 0 0 335000 0 0 0 0 0 0 22702 36317 0 65097923 53309258 44530908 59768570 0 0 0 0 810407 27859 168297521 168642061 2785042 2837786 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1525274 1503871 4310316 4341657 X 32314714 30999889 85880636 82594425 45791855 50706090 163987205 164300404 168297521 168642061 X -10076078 10389277 X false true true X false X 5820462 18310918 25465209 19986394 23737876 93320859 5820462 18310918 25465209 19986394 23737876 93320859 5852651 87468208 151925 3881700 2250783 2123624 2220178 10628210 0 17960 0 0 0 17960 5500 5500 103972529 0.84126 0.82230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 107000015 4471403 13721800 8501352 0 116691866 113283821 3879161 901766 11064733 0 107000015 95573254 13810074 10338249 6340756 97000 113283821 83727000 8382000 3561000 97000 95573000 0.37353 0.36883 0.25764 true false HEDGE FUNDS 22715070 F Equity Commingled Funds 18567812 F REAL ASSETS 9254890 F PRIVATE EQUITY 9230798 F 59768570 0 Due to Hoag Hospital 1503871 1503871 28024300 38100378 -10076078 4953536 5108356 10061892 -14186 36861687 4953536 5349258 10302794 26558893 591543 873864 1465407 28024300 36875872 327385 327385 36548487 591543 960348 1551891 38100378 Intended uses of the Organization's Endowment Funds Schedule D, Part V, Line 4 HOAG HOSPITAL FOUNDATIONS ENDOWMENT FUNDS ARE INTENDED TO PROVIDE FINANCIAL RESERVES AND EARNINGS FOR FUTURE NEEDS OF HOAG MEMORIAL HOSPITAL PRESBYTERIAN. ASC 740 footnote (FKA FIN 48) Schedule D, Part X, Line 2 THE FOLLOWING IS THE FIN 48 FOOTNOTE FROM THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF HOAG MEMORIAL HOSPITAL PRESBYTERIAN, THE FILING ORGANIZATION'S PARENT: ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES, CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING A MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. ASC 740 ALSO PROVIDES GUIDANCE ON DERECOGNITION, MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. THE GUIDANCE IS APPLICABLE TO PASS-THROUGH ENTITIES AND TAX-EXEMPT ORGANIZATIONS. NO SIGNIFICANT TAX LIABILITY FOR TAX BENEFITS, INTEREST OR PENALTIES WAS ACCRUED AT SEPTEMBER 30, 2012 OR 2011. Other changes in net assets Schedule D, Part XI, Line 8 Equity Gains $ 5,091,687 Change in Value of Split Interest Agreement $ 257,570 UBI loss from Partnerships/LLC's $ 86,484 Deconsolidation of Hoag Charity Sports $ (327,385) ------------ TOTAL $ 5,108,356 Schedule D, Part XII, Line 2D Equity Gains $ 5,091,687 Change in Value of Split Interest Agreement $ 257,570 Rounding $ 1 ------------ TOTAL $ 5,349,258 Schedule D, Part XII, Line 4B Toshiba Classic $ 960,348 UBI loss from Partnerships/LLC's $ (86,484) ------------ TOTAL $ 873,864 Schedule D, Part XIII, Line 2D Deconsolidation of Hoag Charity Sports $ 327,385 Schedule D, Part XIII, Line 4B Toshiba Classic $ 960,348 false Central America and the Caribbean 0 0 Investments 16515496 East Asia and the Pacific 0 0 Investments 310132 Europe (Including Iceland and Greenland) 0 0 Investments 3502961 North America 0 0 Investments 560634 0 0 0 0 20889223 20889223 true false true true true false ACCOUNTING METHOD SCHEDULE F, PART I, LINE 3, COLUMN F THE AMOUNTS REPORTED IN PART I, LINE 3, COLUMN F REPRESENT THE MARKET VALUES OF THE INVESTMENTS IN THE IDENTIFIED REGIONS AS OF THE ORGANIZATION'S FISCAL YEAR ENDED SEPTEMBER 30, 2012. Toshiba Classic 5151841 3651361 1500480 275000 1500480 Circle 1000 1035638 1005923 29715 47327 3 945717 800584 145133 6000 194453 7133196 5457868 1675328 275000 6000 1742260 2023260 -347932 FUNDRAISING ACTIVITIES Schedule G, Part II The Toshiba Classic is a charitable event on the PGA Champions Tour that is one of the most successful tournaments on the tour circuit. The event is owned and operated by Hoag Hospital Foundation and operates as part of the foundation. THE GROSS RECEIPTS OF $5.2 MILLION ON SCHEDULE G, PART II INCLUDES CHARITABLE CONTRIBUTIONS RECEIVED BY THE FOUNDATION. TOTAL EXPENSES RELATED TO THE EVENT WAS APPROXIMATELY $3.7 MILLION. true Cal State Fullerton PO Box 34080 Fullerton CA 92834 330567945 Government 9000 EDUCATION Discovery Science Center 2500 N Main St Santa Ana CA 92705 330828380 501(C)(3) 5300 EDUCATION Los Angeles Conservation Corps Po Box 15868 Los Angeles CA 90015 954002138 501(c)(3) 5500 EDUCATION Newport Beach Explorer Scouts 870 Santa Barbara Dr Newport Beach CA 92660 951727660 501(C)(3) 16500 EDUCATION Hoag Memorial Hospital Presbyterian ONE HOAG DRIVE PO BOX 6100 NEWPORT BEACH CA 92663 951643327 501(C)(3) 26826026 CAPITAL PURCHASES & HEALTHCARE PROGRAM SUPPORT 5 0 Toshiba Scholarships 2 20000 Description of Organization's Procedures for Monitoring the Use of Grants FORM 990, SCHEDULE I, LINE 2 GRANTS ARE SENT TO HOAG MEMORIAL HOSPITAL PRESBYTERIAN TO OFFSET EXPENDITURES THAT HAVE BEEN INCURRED. ALL DOCUMENTATION IS OBTAINED TO SUPPORT THE USE OF GRANTS. RECIPIENTS OF THE GRANTS ARE REVIEWED AT THE TIME THE GRANTS ARE GIVEN. X X true false X X X X X false true false false false false false false false Richard Afable MD 0 668247 0 323490 0 150508 0 197358 0 16421 0 1356024 0 0 Flynn A Andrizzi PhD 0 354837 0 0 0 104695 0 16157 0 31171 0 506860 0 0 Jeff Purser 0 134880 0 151678 0 6637 0 13475 0 30649 0 337319 0 0 Sharon Thornton 0 170708 0 25231 0 30354 0 11362 0 10890 0 248545 0 0 Gregory Gissendanner 0 145117 0 11717 0 253 0 7876 0 6639 0 171602 0 0 Kenya Beckman 0 149752 0 11335 0 19051 0 9000 0 6132 0 195270 0 0 Doreen Girling 0 123946 0 9354 0 569 0 6739 0 9834 0 150442 0 0 Supplemental Compensation Information SCHEDULE J, PART I, LINE 1(A) WHILE THE FORM W-2S ARE ISSUED BY HOAG MEMORIAL HOSPITAL PRESBYTERIAN (HMHP), THE TAX EXEMPT PARENT OF HOAG HOSPITAL FOUNDATION, THE FOUNDATION REIMBURSES HMHP AND PROVIDES THE BENEFIT. THE ORGANIZATION'S PRESIDENT WAS PROVIDED WITH A RELOCATION LOAN AND A DISCRETIONARY ALLOWANCE IN ACCORDANCE WITH HIS EMPLOYMENT CONTRACT. THERE IS IMPUTED INCOME THAT IS GROSSED UP FOR TAX PURPOSES WHICH IS REPORTED AS TAXABLE INCOME TO THE EXECUTIVE AND INCLUDED IN COLUMN B(III) OF PART II. DURING THE YEAR, SENIOR VPS AND ABOVE RECEIVED AN AUTO ALLOWANCE AS PART OF THEIR OVERALL COMPENSATION. THE ALLOWANCE WAS REPORTED AS TAXABLE WAGES AND IS INCLUDED IN COLUMN B(III) OF PART II. THE ALLOWANCES WERE ELIMINATED EFFECTIVE 1/1/12. Supplemental Compensation Information SCHEDULE J, PART I, LINE 3 THE ORGANIZATION'S PRESIDENT IS PAID BY ITS TAX-EXEMPT PARENT, HOAG MEMORIAL HOSPITAL PRESBYTERIAN (HMHP), AND IS DISCLOSED AS A PERSON PAID BY A RELATED ORGANIZATION. SEE SCHEDULE O, PART VI, LINE 15A FOR THE PROCESS THAT IS COMPLETED BY HMHP. Supplemental Compensation Information SCHEDULE J, PART I, LINE 4B RICHARD AFABLE, M.D. AND FLYNN ANDRIZZI PARTICIPATE IN A SERP PLAN IN ACCORDANCE WITH THEIR EMPLOYMENT CONTRACTS WITH HOAG MEMORIAL HOSPITAL PRESBYTERIAN, A RELATED TAX-EXEMPT ORGANIZATION. NO PAYOUTS WERE MADE DURING THE CURRENT YEAR. FLYNN ANDRIZZI RECRUITMENT X 335000 335000 false true true 335000 PIMCO TAMMIE ARNOLD/BOARD MEM. SEE SCHEDULE O X 5 251768 COST / SELLING PRICE 0 false true false W-2S FORM 990, PART V, LINE 2A HOAG MEMORIAL HOSPITAL PRESBYTERIAN ISSUES THE W-2S OF THOSE REPORTED IN PART VII, BUT THEY DEVOTE NO HOURS TO THE HOSPITAL, WITH THE EXCEPTION OF RICHARD AFABLE, M.D., FLYNN ANDRIZZI AND STEPHEN JONES AS NOTED IN THE NARRATIVE FOR PART VII. DESCRIPTION OF CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PART VI, LINE 6 THE DIRECTORS OF HOAG MEMORIAL HOSPITAL PRESBYTERIAN, A RELATED TAX-EXEMPT ORGANIZATION, ARE INDIVIDUAL MEMBERS OF HOAG HOSPITAL FOUNDATION. DESCRIPTION OF CLASSES OF PERSONS AND THE NATURE OF THEIR RIGHTS FORM 990, PART VI, LINE 7A THE ORGANIZATION'S MEMBERS ELECT THE DIRECTORS OF HOAG HOSPITAL FOUNDATION. DECISIONS REQUIRING APPROVAL FORM 990, PART VI, LINE 7B THE ORGANIZATION'S MEMBERS MUST APPROVE THE FOLLOWING: A) THE DISPOSITION OF ALL, SUBSTANTIALLY ALL, ASSETS OF THE FOUNDATION, B) MERGERS, AND C) RESOLUTIONS TO DISSOLVE THE ORGANIZATION PROCESS USED BY MANAGEMENT AND/OR GOVERNING BODY TO REVIEW 990 FORM 990, PART VI, LINE 11B THE ORGANIZATION'S BOARD OF DIRECTORS HAS DELEGATED TO THE AUDIT COMMITTEE OF THE BOARD THE REVIEW OF THE FORM 990 PRIOR TO ISSUANCE. MANAGEMENT, INCLUDING AN OFFICER OF THE ORGANIZATION, PREPARES AND REVIEWS THE FORM 990. THE AUDIT COMMITTEE IS PROVIDED WITH A DRAFT OF THE FORM 990 AND IS PROVIDED AMPLE TIME TO READ THE DOCUMENT AND DEVELOP QUESTIONS. THE AUDIT COMMITTEE THEN CONVENES PRIOR TO ISSUANCE OF THE FORM 990 TO REVIEW AND DISCUSS THE DRAFT FORM 990 WITH MANAGEMENT AND EXTERNAL EXPERTS HIRED BY MANAGEMENT. AN ELECTRONIC VERSION OF THE FORM 990 IS EMAILED TO ALL OF THE BOARD OF DIRECTORS PRIOR TO FILING. PROCESS USED TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST FORM 990, PART VI, LINE 12C THE ORGANIZATION HAS A COMPREHENSIVE CONFLICT OF INTEREST POLICY. OFFICERS, DIRECTORS, NON-DIRECTOR MEMBERS OF BOARD COMMITTEES, AND SENIOR EXECUTIVES ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE. RESPONSES TO THE QUESTIONNAIRE ARE REVIEWED BY THE CHAIR AND CEO AND MATTERS ARE DISCUSSED AT THE APPROPRIATE LEVEL AS APPLICABLE GIVEN THE SITUATION. INDIVIDUAL TRANSACTIONS THAT OCCUR BETWEEN THE ANNUAL QUESTIONNAIRE ARE REVIEWED BY THE CORPORATION'S LEGAL AND COMPLIANCE OFFICERS FOR POTENTIAL CONFLICTS OF INTEREST. ANY DIRECTOR WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A PROPOSED CONTRACT, TRANSACTION OR ARRANGEMENT SHALL REFRAIN FROM VOTING ON ANY MATTER RELATING TO THE CONTRACT, TRANSACTION OR ARRANGEMENT. PROCESS USED TO DETERMINE COMPENSATION FORM 990, PART VI, LINES 15A AND 15B The organization's president is paid by its tax-exempt parent, Hoag Memorial Hospital Presbyterian (HMHP) and the organization reimburses HMHP for the compensation. THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND ALL KEY EMPLOYEES ARE DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE IS COMPRISED SOLELY OF INDEPENDENT DIRECTORS. THE COMPENSATION COMMITTEE RECEIVES A STUDY PERFORMED BY AN INDEPENDENT CONSULTING FIRM THAT REVIEWS LEVELS OF COMPENSATION AT COMPARABLE ORGANIZATIONS FOR COMPARABLE POSITIONS WHEN SETTING COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES. THIS PROCESS OF USING COMPARABLE DATA TO ESTABLISH LEVELS OF COMPENSATION HAS BEEN IN PLACE FOR IN EXCESS OF FIVE YEARS. THE COMPENSATION COMMITTEE DOCUMENTS THAT THE COMPENSATION IS REASONABLE IN ITS BOARD MINUTES DURING EXECUTIVE SESSION. THIS PROCESS WAS LAST COMPLETED IN 2012. AVAIL OF GOV DOCS, CONFLICT OF INTEREST POLICY, & FIN STMTS TO GEN PUBLIC FORM 990, PART VI, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. HOURS DEVOTED TO RELATED ORGANIZATIONS FORM 990, PART VII JAMES MORRIS IS THE BOARD TREASURER OF HHF AND HE DEVOTED 2 HOURS PER WEEK TO RELATED ORGANIZATIONS BY ATTENDING THE JOINT INVESTMENT MANAGEMENT COMMITTEE MEETINGS. MAX HAMPTON IS A BOARD MEMBER OF HHF, A BOARD MEMBER OF HMHP, AND ON THE JOINT INVESTMENT COMMITTEE. HE DEVOTED 2 HOURS PER WEEK TO HHF AND 2 HOURS PER WEEK TO RELATED ORGANIZATIONS. ROBERT COLE IS A BOARD MEMBER OF HHF AND HE DEVOTED 1 HOUR PER WEEK TO RELATED ORGANIZATIONS BY ATTENDING THE JOINT INVESTMENT MANAGEMENT COMMITTEE MEETINGS. STEPHEN JONES IS A BOARD MEMBER OF HHF, THE CHAIR OF HMHP, AND ON THE JOINT INVESTMENT COMMITEE. HE DEVOTED 1 HOUR PER WEEK TO HHF AND 4 HOURS PER WEEK TO RELATED ORGANIZATIONS. RICHARD AFABLE, M.D. IS A BOARD MEMBER OF HHF AND THE CEO OF HMHP. HE DEVOTED 3 HOURS PER WEEK TO HHF AND 50 HOURS PER WEEK TO HMHP. FLYNN ANDRIZZI IS THE PRESIDENT OF HHF, SVP OF HMHP, AND BOARD MEMBER OF HCS. HE DEVOTED 50 HOURS PER WEEK TO HHF, 3 HOURS PER WEEK TO HMHP, AND 1 HOUR PER WEEK TO HCS. OTHER NET ASSETS FORM 990, PART XI, LINE 5 UNREALIZED GAINS $ 4,953,536 EQUITY GAINS $ 5,091,687 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT $ 257,570 UBI LOSS FROM PARTNERSHIPS/LLC'S $ 86,484 ------------- TOTAL $ 10,389,277 HOAG MEMORIAL HOSPITAL PRESBYTERIAN ONE HOAG DRIVE BOX 6100 NEWPORT BEACH CA 92658 951643327 HEALTHCARE CA 501(C)(3) 3 NA false HOAG CHARITY SPORTS 3920 BIRCH STREET SUITE 105 NEWPORT BEACH CA 92660 452982422 SUPPORT CA 501(C)(3) 7 HHF true NEWPORT IMAGING CTR 360 SAN MIGUEL NEWPORT BEACH CA 92660 330191776 MEDICAL IMAGING CA NA N/A 0.00000 HOAG ORTHOPEDIC INSTITUTE LLC 1 HOAG DR6100 NEWPORT BEACH CA 96258 611588294 SPECIALTY HSPTL CA NA N/A 0.00000 ORTHOPEDIC SPECIALISTS OF NWPRT BCH LLC 22 CORPORATE PLZ DR NEWPORT BEACH CA 92660 203014704 SPECIALTY HSPTL CA NA N/A 0.00000 ORTHO SURGERY CENTER OF ORANGE COUNTY LL 22 CORPORATE PLAZA DRIVE NEWPORT BEACH CA 92660 330841806 SURGERY CA NA N/A 0.00000 HOAG MANAGEMENT SERVICES INC ONE HOAG DRIVE BOX 6100 NEWPORT BEACH CA 926586100 330731587 MEDICAL MGMT CA NA C-CORP COASTAL MANAGEMENT SERVICES ORGANIZATION ONE HOAG DRIVE BOX 6100 NEWPORT BEACH CA 926586100 330676831 PURCHASE CO-OP CA NA C-CORP HOAG MEDICAL FOUNDATION ONE HOAG DRIVE BOX 6100 NEWPORT BEACH CA 92663 453583707 HEALTH CARE CA NA C-CORP CHARITABLE REMAINDER TRUSTS (5) SUPPORT CA NA TRUST false true false false false false false false false true true false false false true false false false