2012-05-11T15:27:35-05:00 2011-06-30 PricewaterhouseCoopers LLP 2001 MARKET ST SUITE 1700 PHILADELPHIA PA 19103 990 2010-07-01 232176723 THE LANKENAU HOSPITAL FOUNDATION LANK 4844763403 100 LANCASTER AVENUE WYNNEWOOD PA 19096 MICHAEL J BUONGIORNO 2012-05-10 true 2673303000 2010 2016-02-24 21:20:13Z Phillip D Robinson President 100 Lancaster Avenue Wynnewood PA 19096 36539000 false X N/A X 1981 PA An organization that engages in investment and fundraising activities for and provides support to the Lankenau Hospital and the Lankenau Institute of Medical Research. 35 27 0 178 0 6904000 6990000 0 0 24423000 28782000 203000 474000 31530000 36246000 8954000 31197000 0 0 0 0 0 0 1073000 1351000 1195000 10305000 32392000 21225000 3854000 308509000 332937000 470000 194000 308039000 332743000 AN ORGANIZATION THAT ENGAGES IN INVESTMENT AND FUNDRAISING ACTIVITIES FOR AND PROVIDES SUPPORT TO THE LANKENAU HOSPITAL AND THE LANKENAU INSTITUTE OF MEDICAL RESEARCH. false false 31197000 31197000 29256000 Expenses consist of funds spent in accordance with donor intent; e.g. medical education, medical research, indigent care, capital purchases, and support for other hospital programs. Revenue consists of investment income, realized gain and net income from fund raising events. 31197000 true true false false false false false false true true false false false true false true false false false false false false false true false false true false true false false false false false true false false true false false false false true false false false false true 14 0 true 0 false true CJ false false false false false false false false X 35 27 false false false false true true false true true false false true true true true true true true true false PA X ANGELO SAVELLONI 4843378840 950 HAVERFORD ROAD BRYN MAWR PA 19010 X Alfred W Putnam Jr 1.0 X X 0 0 0 Elaine C Thompson PhD 1.0 X X 0 297071 14550 Michael J Buongiorno 1.0 X X 0 694172 123325 Robert L Benz MD 1.0 X 0 319967 25970 Stephen Berman 1.0 X 0 0 0 Kenneth L Brier 1.0 X 0 0 0 Marion L Fox 1.0 X 0 0 0 Louis W Fryman 1.0 X 0 0 0 C Meade Geisel Jr 1.0 X 0 0 0 George W Gephart Jr 1.0 X 0 0 0 Scott Goldman MD 1.0 X 0 788376 25657 Arlin Green 1.0 X 0 0 0 Frederick C Haab 1.0 X 0 0 0 Robert Hall 1.0 X 0 0 0 Peter H Havens 1.0 X 0 0 0 Edward L Jones Jr 1.0 X 0 0 0 Edward W Leisenring 1.0 X 0 0 0 William J Lewis MD 1.0 X 0 31000 0 John J Lynch III 1.0 X 0 1162434 220239 Dennis S Marlo 1.0 X 0 0 0 Wistar Morris III 1.0 X 0 0 0 Rev Kristine Ann Peterson 1.0 X 0 0 0 Jerome Santoro MD 1.0 X 0 0 0 Barbara Mozino Seegul 1.0 X 0 0 0 Mary Anne M Stetzer 1.0 X 0 0 0 Rev Jospeh Watkins 1.0 X 0 0 0 Robert J Weinberg 1.0 X 0 0 0 Warren Weiner 1.0 X 0 0 0 Raye E Johnson 1.0 X 0 0 0 Richard Schmidt MD 1.0 X 0 228000 0 Thomas Meyer MD 1.0 X 0 0 0 Phillip D Robinson 1.0 X X 0 188100 43725 Clestino R Pennoni 1.0 X 0 0 0 Bernard J Poussot 1.0 X 0 0 0 Margaret Cristofalo 1.0 X 0 0 0 Cheryl Henrich 1.0 X 0 57237 7789 0 3766357 461255 0 false true false NONE 0 6990000 139000 6990000 0 28782000 28782000 0 0 0 767000 293000 474000 474000 0 0 0 36246000 29256000 31197000 31197000 0 0 0 0 0 0 0 0 0 0 0 122000 0 122000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 DEVELOPMENT EXPENSES 1073000 0 0 1073000 32392000 31197000 122000 1073000 1959000 4171000 950000 950000 950000 290550000 311433000 15050000 16383000 308509000 332937000 40000 48000 430000 146000 470000 194000 X 227811000 237246000 35219000 46049000 45009000 49448000 308039000 332743000 308509000 332937000 X 3854000 20850000 X false true true X false X X X false false false MAIN LINE HOSPITALS-LANKENAU 231352160 03 true true true 30142000 LANKENAU INSTITUTE FOR MEDICAL RESEARCH 232175659 04 true true true 2250000 2 32392000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45009000 3020000 1419000 49448000 40642000 3545000 822000 45009000 35548000 7580000 -2486000 40642000 1.00000 false false 950000 950000 950000 0 DUE TO AFFILIATED HOSPITAL 146000 146000 36246000 32392000 3854000 18192000 34000 1258000 19484000 23338000 56023000 18192000 34000 1551000 19777000 36246000 36246000 32685000 293000 293000 32392000 32392000 Part XI, Line 8 The $1,258,000 consists of the loss on investment partnership and MLH Realty, LLC ($161,000) and change in valuation of beneficial trust $1,419,000. Part XII, Line 2D The $1,551,000 consists of loss on investment partnership and MLH Realty, LLC ($161,000), change in valuation of beneficial trust $1,419,000 and Women's Board expenses $293,000. Part V, Line 4 The Endowments support indigent care, medical education and medical research, capital purchases, and other hospital programs. Part XIII, Line 2D The $293,000 consists of Women's Board expenses. PA Hamper Shop 304000 304000 238000 Ladies Aid Soc 177000 177000 6000 4 286000 286000 49000 767000 767000 293000 293000 474000 true Main Line Hospitals-Lankenau Campus 100 Lancaster Avenue Wynnewood PA 19096 231352160 501 (C) (3) 30142000 Lankenau Institute For Medical Research 100 Lancaster Avenue Wynnewood PA 19096 232175659 501 (C) (3) 2250000 2 Part I, Line 2 The Hospital prepares a summary of program expenditures and presents a grant request form to the Foundation. The Foundation reviews and approves or disapproves the request, ensuring compliance with donor's intent. X X X X X false false false false false false false true false Elaine C Thompson PhD 0 271298 0 0 0 25773 0 0 0 14550 0 311621 0 0 Michael J Buongiorno 0 475121 0 217205 0 1846 0 95388 0 27937 0 817497 0 70269 Robert L Benz MD 0 271497 0 36362 0 12108 0 0 0 25970 0 345937 0 0 Scott Goldman MD 0 786530 0 0 0 1846 0 0 0 25657 0 814033 0 0 John J Lynch III 0 774011 0 374577 0 13846 0 191813 0 28426 0 1382673 0 141302 Richard Schmidt MD 0 0 0 0 0 228000 0 0 0 0 0 228000 0 0 Phillip D Robinson 0 168000 0 20100 0 0 0 34320 0 9405 0 231825 0 0 Schedule J Disclosures Form 990, Schedule J, Part I, Line 7 The Compensation of the CEO, EVP & Chief Financial Officer, hospital presidents, and other senior executives did include a non-fixed component payment of compensation based upon pre-established quality, patient safety, and financial targets established at the beginning of the fiscal year. The human resources and compensation committee of the Main Line Health board is responsible for evaluating and determining the appropriateness of the targets. After review and deliberation, the committee documents its decisions and reports to the full board of governors who review the compensation decisions. Related Compensation Compensation reported on part VII and Schedule J of Form 990, related to certain trustees and officers of the foundation is paid by an affiliate of Main Line Hospitals, Inc., Main Line Services, for compensation provided to Main Line Hospitals, Inc. and other controlled members of Main Line Health, Inc. Main Line Health Real Estate LP Trustees-Gordon, Havens, -161000 51.70% interest in profit/loss false X 13 139000 Fair Market Value false true false Schedule O Disclosures Form 990, part VI, section A, Lines 6 & 7a The trustees of The Lankenau Hospital Foundation are elected by its members. The ex-officio trustees are appointed by main line health, inc. Form 990, Part VI, Section A, Line 11A The Form 990 is prepared in conjunction with PriceWaterhouseCoopers LLP and reviewed internally by management. It is then sent to the board of trustees for their review. The Form 990 is reviewed at a meeting of the board of trustees prior to filing. Form 990, Part VI, Section B, Line 12c Annual conflicts of interest statements are required to be completed by all trustees, officers, directors, key employees and other interested persons. Any conflicts arising are referred to the Governance Committee for resolution. If deemed necessary or advisable, cases may be referred to the full Main Line Health board for resolution. Form 990, Part VI, section B, Line 15 Using the services of an independent consulting firm, JHS utilized no fewer than three executive compensation surveys in determining the compensation of the MLH CEO. JHS used market data representing functionally comparable jobs within similarly situated organizations in making these compensation determinations. After the review and deliberation of the Executive Committee of the JHS Board, which has the responsibilities of a Compensation Committee, compensation recommendations were reviewed and approved by the full JHS Board. The MLH CEO reports to the JHS CEO and is appointed by the JHS Board. The MLH CEO also reports to the MLH Board. The Human Resources & Compensation Committee of the Main Line Health Board, using the services of an independent Executive Compensation consulting firm is responsible for evaluating and determining the total Senior Executive benefits and compensation for the EVP & Chief Financial Officer, Hospital Presidents and other Senior Executives using both national and regional healthcare delivery market comparable compensation data. After review and deliberation the Committee documents its compensation decisions and reports to the full MLH Board of Governors who review and approve these compensation decisions. Form 990, Part VI, Section C, Line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available upon request. Form 990, Part VII, Section A, Column B The compensated officers devote their time to all of the organizations within Main Line Health, Inc. As such, the total hours worked by the officers, across all of the organizations, cumulatively represent their full-time employment status. Form 990, part IX, line 11c & line 24a the foundation contracts with main line hospitals, inc. and main line services, inc. for accounting and development services. Form 990, Part VI Under the bylaws of The Lankenau Hospital Foundation, its Board of Trustees has sole discretion whether to make the Foundation's assets available, except with respect to the terms of certain restricted gifts to the Foundation or assets held by the Foundation in a special projects fund (which are available to fund Lankenau Hospital requests for contributions from the Foundation for identified purposes other than voluntary or required prepayments or payment of debt). The financial statements do not reflect or establish the legal relationship, agency or otherwise, between The Foundation, Lankenau Hospital or Lankenau Institute For Medical Research or any right to any assets owned by The Foundation. In fact, The Foundation is a separately incorporated nonmembership nonprofit corporation governed by a self-perpetuating board of trustees. The bylaws of The Foundation provide that all assets held by it, including assets in its special projects fund, shall not be subject to attachment, execution, or sequestration for any debt, obligation or liability of the Lankenau Hospital and Lankenau Institute For Medical Research or any other person or entity, and shall not be subject to pledge, assignment, conveyance, or anticipation by the Lankenau Hospital or any other person or entity. In particular, The Foundation is not party to or obligated by any obligation of the Lankenau Hospital, Main Line Health, Inc. or Lankenau Institute For Medical Research and assets owned by The Foundation are not subject to any lien. Form 990, Part XI, Line 5 The $20,850,000 consists of $18,192,000 Unrealized Gain, ($161,000) Loss on Investment of Partnership, $1,419,000 Change in Valuation of Beneficial Trust, $1,366,000 July 1, 2010 Women's Board Net Asset and $34,000 Donated Advertising Services. Main Line Hospitals Inc-Lankenau Hosp 100 Lancaster Avenue Wynnewood PA 19096 231352160 Healthcare PA 501 (C) (3) 3 ML Health Lankenau Institute for Medical Research 100 Lancaster Avenue Wynnewood PA 19096 232175659 Med Research PA 501 (C) (3) 4 Ml Health Main Line Health Real Estate LP 400 One Radnor Corp Ctr Radnor PA 19087 233089503 Real Estate A PA Investment -161000 5178858 false false MLH Realty LLC 400 One Radnor Corp Ctr Radnor PA 19087 233089502 Gen Prtnr MLH PA Investment -161 17380 false false false true false false false false false false false false false false false false true false false false