2011-05-12T16:27:45-07:00 2010-06-30 990 2009-07-01 341788055 MONTEFIORE FOUNDATION MONT 2163609080 One David N Myers Pkwy Beachwood OH 44122 Mark Weiss 2169102640 2011-05-12 2009 2016-02-24 21:20:13Z Mark Weiss 1 David N Myers Pkwy Beachwood OH 44122 1053911 0 X www.montefiorecare.org X 1994 OH The Montefiore Foundation was established to preserve endowment funds, to provide for proper investment of endowment funds, to allocate funds to Montefiore in accordance with its needs and donors wishes, to increase charitable support through endowment and other fundraising, and to increase community awareness and support. 27 27 4 30 0 0 1453368 886780 0 0 256023 167131 4881 0 1714272 1053911 692464 1619382 0 0 221398 252218 0 0 8853 234382 225960 1148244 2097560 566028 -1043649 13550574 13393027 762210 761110 12788364 12631917 The Montefiore Foundation was established to preserve endowment funds, to provide for proper investment of endowment funds, to allocate funds to Montefiore in accordance with its needs and donors wishes, to increase charitable support through endowment and other fundraising, and to increase community awareness and support. 0 0 1752693 1619382 0 Fundraising Programs: The Montefiore Foundation was established to preserve endowment funds, to provide for proper investment of endowment funds, to allocate funds to Montefiore in accordance with its needs and donors wishes, to increase charitable support through endowment and other fundraising, and to increase community awareness and support. (12,631,917 Net Assets) 0 0 0 1752693 1 1 0 0 0 0 0 0 1 1 1 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 0 1 0 0 0 1 2 0 1 4 1 0 0 0 0 0 0 0 0 0 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 OH X Mark Weiss 2169102640 One David N Myers Pkwy Beachwood OH 44122 Kenneth G Hochman 0 X X 0 0 0 Barbara E Kest 0 X X 0 0 0 Harvey A Siegel 0 X X 0 0 0 Philip S Sims 0 X X 0 0 0 Mark A Mintz 0 X X 0 0 0 Harriet L Fader 0 X X 0 0 0 Jeffrey S Davis 0 X X 0 0 0 Elaine H Rocker 0 X X 0 0 0 Bette G Braff 0 X 0 0 0 Sydney S Friedman 0 X 0 0 0 Robert A Fuerst 0 X 0 0 0 Stuart A Gertman 0 X 0 0 0 Gerald W Goldberg 0 X 0 0 0 Harley I Gross 0 X 0 0 0 Andrew W Hoffmann 0 X 0 0 0 Susan R Hurwitz 0 X 0 0 0 Nancy S Hyams 0 X 0 0 0 Patricia M Inglis 0 X 0 0 0 Lawrence Kadis 0 X 0 0 0 Richard Kaplan 0 X 0 0 0 Jeffrey L Korach 0 X 0 0 0 Edith D Miiller 0 X 0 0 0 Elmer I Paull 0 X 0 0 0 Donald S Scherzer 0 X 0 0 0 Steven S Willensky 0 X 0 0 0 Darrell A Young 0 X 0 0 0 Daniel N Zelman 0 X 0 0 0 Lauren Rock 10 X 0 314987 2573 Beverly Gans 40 X 131592 0 5082 131592 314987 7655 1 0 1 0 0 0 0 0 0 0 886780 0 886780 0 167131 0 0 167131 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1053911 0 0 167131 1619382 1619382 35000 35000 180897 180897 24509 24509 11812 11812 30000 30000 8030 8030 2865 2865 20132 20132 7905 7905 765 765 4698 4698 719 719 934 934 1087 1087 Bad Debt 53101 53101 0 0 Additional Annuity Expense 80210 80210 0 0 Annual Fund Drive 8853 0 0 8853 Planned Giving 2232 0 2232 0 All other Expenses 4429 0 4429 0 2097560 1752693 336014 8853 365285 211176 774184 178325 47700 45907 2727 1793 11285326 11975177 1123052 1026556 13550574 13393027 22304 23287 725933 712467 13973 25356 762210 761110 X 4030750 3739472 3716710 3845402 5040904 5047043 12788364 12631917 13550574 13393027 X 0 1 1 X 0 X 1256617 1380022 729668 1398485 833679 5598471 1256617 1380022 729668 1398485 833679 5598471 5598471 272443 337838 266006 256023 167131 1299441 9892 9892 331277 8258 0 339535 7247339 0.77249 0.6768 X Donations received from charity event. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5900648 10898 505730 0 164941 0 6252335 7136792 91303 -1231599 0 95848 0 5900648 0.06 0.81 0.13 0 0 0 0 0 0 0 0 0 0 0 0 0 0 47700 45907 1793 0 0 0 0 1793 11975177 F 0 11975177 Notes receivable from The Montefiore Housing Corporation 1021241 SERP Asset 5000 Prepaid Expenses 167 Workers Comp Deposit 148 1026556 0 Amounts due to The Montefiore Home 25356 25356 1053911 2097560 -1043649 887202 0 0 0 0 887202 -156447 1807802 887202 0 0 -133311 753891 1053911 0 0 0 1053911 1964249 0 0 0 0 0 1964249 0 133311 133311 2097560 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The eligible portions of the endowment funds are used to help fund special activities and certain expenses incurred by the Montefiore Home. SchD_P10_S00_L00 Schedule D, Part X Liabilities due to The Montefiore Home due to intercompany expenses. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Pledge bad debt expense of 53,101 and estimated additional annuity expense of 80,210. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Pledge bad debt expense of 53,101 and estimated additional annuity expense of 80,210. 1 The Montefiore Home One David N Myers Pkwy Beachwood OH 44122 340714360 501(c)(3) 1328126 0 Resident entertainment and activities; acquarium maintenance; bereavement groups; staff appreciation and development; religious services; volunteer recognition; hospice therapies; chapel, cafeteria, and dementia unit renovation; and annual fund. The Montefiore Housing Corporation One David N Myers Pkwy Beachwood OH 44122 311501393 501(c)(3) 291256 0 Resident entertainment and activities, exercise classes, kashrut at the Weils, annual allocation, and annual fund. 2 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The Foundation, with its own governing Board of Directors, periodically receives requests or funds from the Home for capital or other needs. Once approved by the Board of Directors, funds are transferred to the Home. The Foundation follows certain guidelines established by the Jewish Community Federation of Cleveland. X 0 0 0 0 0 0 0 0 0 Lauren Rock 0 289987 0 25000 0 2573 0 0 0 0 0 317560 0 0 F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 Form 990 is prepared by accounting staff and is then reviewed by the CFO. Once review notes are cleared, the 990 is then reviewed by an independent auditor. The 990 is then presented to the Board Members for review before filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c If a conflict of interest arises, the matter would be discussed with the appropriate Board member or committee. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 In 2007, the Montefiore Home ad hoc committee was established to approve the hiring and compensation of the new president and CEO of the organization. This committee approved the hiring of Lauren Rock, current president and CEO of Montefiore. On an annual basis, the Chairman of the Board is responsible for the CEO's annual evaluation. At that time, recommendations can be made to the board concerning compensation and bonuses. The CEO is responsible for the annual evaluations of other key employees. The CEO also recommends compensation levels for such employees. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Documents are available upon request. Montefiore Home 1 David N Myers Pkwy Beachwood OH 44122 340714360 Nursing Home Care OH 501(c)(3) 9 N/A The Montefiore Housing Corporation 1 David N Myers Pkwy Beachwood OH 44122 311501393 Assisted Living and Rehab OH 501(c)(3) 9 N/A 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 Filing on May 15th due to extension request.