2024-05-13T17:26:54-07:00 2023-12-31 990 2023-01-01 271785343 BROOKINGS HEALTH SYSTEM FOUNDATION BROO 6056968855 300 22nd Avenue Brookings SD 57006 Jason Merkley Authorized Official 6056921799 2024-05-09 Jason Merkley 999009999 1 1 11 1 AAL2 X 2023 2023-04-26 12:10:37Z Jason Merkley 300 22nd Ave Brookings SD 57006 254574 0 X www.brookingshealth.org/foundation X 2009 SD Inspiring people to support Brookings Health System through philanthropy. 6 6 0 0 0 0 195987 232491 0 0 2139 2351 17893 15186 216019 250028 275162 258269 0 0 55227 48288 0 0 24144 17091 8131 347480 314688 -131461 -64660 1383847 1313241 11309 5363 1372538 1307878 Inspiring people to support Brookings Health System through philanthropy, recognizing the vital role of local healthcare in sustaining quality of life in our community. 0 0 266400 258269 0 The organization donated $247,926 to Brookings Health System in support of its mission during 2023. Disbursements from fund balances for projects, equipment and services at Brookings Health System: - $204,100 from the Progress Lives Here capital fund; - $31,723 from the Team Isaac Fund; - $8,84 from the Employee Fitness Fund to support Employee Mental Health and Wellbeing; - $2,280 from the Neighborhoods at Brookview fund to support resident activities; - $1,950 from the Tough Enough to Wear Pink fund to support the needs of local breast cancer patients; - $1,278 from the Hospice fund to provide activity equipment to patients in Hospice; $754 from the General fund to provide transportation to patients in need. The organization issued the following funds to organizations outside of Brookings Health System: - $2,600 from the JOY fund to support local charities/scholarships; $2,500 from the Employee Emergency fund to support employees in financial crisis; - $692 from the Caring & Sharing fund to provide assistance to employees to support mental health and wellbeing; - $678 from the Tough Enough to Wear Pink fund to support local breast cancer patients; - $528 from the Employee Fitness fund to purchase exercise software. 0 0 0 266400 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X Jason Merkley 6056968855 300 22nd Avenue Brookings SD 57006 X Tom Fishback Chair 0.5 0 X X 0 0 0 Tara Mills Vice Chair 0.5 0 X X 0 0 0 Karin Emery Secretary/Treasurer 0.5 0 X X 0 0 0 Amber Hemmestad member 0.5 0 X 0 0 0 Rod King Member 0.5 0 X 0 0 0 Jason Merkley member 0.5 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 6281 0 0 226210 0 232491 0 2351 0 0 2351 0 0 0 0 0 0 0 0 0 0 0 0 19732 6281 4546 15186 0 15186 0 250028 0 0 17537 X 258269 258269 42876 21438 21438 2376 1188 1188 0 3036 1518 1518 2484 2484 2537 2537 3110 3110 314688 266400 24144 24144 788620 181294 0 703000 595227 428947 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1383847 1313241 11309 5363 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11309 5363 X 457196 519254 915342 788624 1372538 1307878 1383847 1313241 -64660 0 0 0 0 0 X 0 1 X 1 0 X 272281 188758 186539 195987 232491 1076056 272281 188758 186539 195987 232491 1076056 80410 995646 1166 10122 731 2139 2351 16509 12047 14247 15526 17893 15186 74899 1167464 0.85283 0.05670 X Schedule A, Part II, Line 10 Other revenue is net income from fundraising events. Schedule A, Part II, Line 14 An error was discovered on the method of reporting for Schedule A and it has been corrected retroactively on the 2023 return. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X Schedule D, Part X, Line 2 The Foundation is exempt from income taxes under section 501(c)3 of the Internal Revenue Code. The Foundation is annually required to file a return of organization exempt from income tax (form 990) with the IRS. The Foundation believes they have appropriate support for any tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Aiming to Inspire Health 26014 6281 19733 0 0 1545 1139 1863 0 0 0 26014 6281 19733 0 0 1545 1139 1863 0 4547 15186 1 City of Brookings dba Brookings Health System 300 22nd Avenue Brookings SD 57006 466000069 258269 Capital and expenses 1 0 Schedule I, Part I, Line 2 The majority of Brookings Health System Foundation funds go to Brookings Health System. BHS Foundation requires BHS to submit a Foundation Request for Funds form complete with copies of invoices and/or quotes and estimates. The form must be signed by the BHS Department Director and BHS Senior Management. Each form is reviewed by the Foundation board and acted upon at board meetings and documented in the minutes. All checks written against the BHS Foundation checking account are matched up to the requests and/or to a specific invoice and reviewed by the BHS Foundation board at each board meeting. Form 990, Part VI, Section A, Line 1a The Executive Committee as defined in the bylaws is comprised of the three officers of the organization, the Board Chair, Vice Chair and Secretary/Treasurer. The Executive Committee, in an emergency, shall have all the powers of the board between meetings. Form 990, Part VI, Section B, Line 11b The Foundation board reviews the form 990 and all required schedules during the board meeting prior to filing. Form 990, Part VI, Section B, Line 12c The conflict of interest statement is required to be completed each calendar year by each member of the governing board. Responses are reviewed by the board and copies of the signed forms are maintained by BHS Administration. If a conflict is deemed to exist, the member(s) involved shall make full and open disclosure and abstain from discussion and/or voting on the matter causing the conflict. Form 990, Part VI, Section C, Line 19 Documents are made available upon request from the public. Form 990, Part VII, Section A, Line 1a The organization is treated as a department of Brookings Health System for book purposes, however, it is a separate legal entity. Jason Merkley, board member, is the CEO of Brookings Health System. He has ultimate responsibility for carrying out the activity of the Foundation but acts as an unpaid volunteer in his role as board member of the Foundation. Form 990, Part IX, Line 25 Amounts reported in column B include amounts donated to Brookings Health System plus expenses paid on behalf of Brookings Health System.