2024-10-18T14:15:30+00:00 2023-12-31 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-01-01 621872938 Le Bonheur Children's Hospital Foundation LEBO 9012876308 850 POPLAR AVENUE BLD 2 MEMPHIS TN 38105 RICK HETHERINGTON VP/Senior Controller 9014781040 2024-10-18 true true Amy Bibby P00445891 8282542254 2024-10-18 2023 2024-10-15 13:58:12Z MAUREEN O'CONNOR 850 POPLAR AVENUE BLD 2 MEMPHIS TN 38105 26787614 false X WWW.LEBONHEUR.ORG X 2003 TN SUPPORT OF LE BONHEUR CHILDREN'S HOSPITAL, A DIVISION OF METHODIST HEALTHCARE-MEMPHIS HOSPITALS. 9 4 44 300 0 0 14779161 28366049 0 12273223 -2137718 -102460 -856447 26949924 25371884 9994773 9303737 0 1056688 3300374 0 1048043 743275 1116330 11794736 13720441 15155188 11651443 98167242 113631719 259076 326060 97908166 113305659 IN PARTNERSHIP WITH DONORS AND VOLUNTEERS, LE BONHEUR CHILDREN'S HOSPITAL FOUNDATION PROMOTES PHILANTHROPIC INVESTMENT TO SUPPORT LE BONHEUR CHILDREN'S HOSPITAL'S MISSION OF PROVIDING HIGH QUALITYPATIENT CARE, RESEARCH AND ADVOCACY. false false 11787907 9303737 THE LE BONHEUR CHILDREN'S HOSPITAL FOUNDATION IS COMMITTED TO IMPROVING THE HEALTH AND WELL-BEING OF CHILDREN IN OUR COMMUNITY BY RAISING FUNDS TO ASSIST LE BONHEUR CHILDREN'S HOSPITAL IN PREVENTING AND ELIMINATING PEDIATRIC ILLNESS AND INJURY. IMPORTANT FACTS ABOUT LE BONHEUR CHILDREN'S HOSPITAL: -LE BONHEUR IS ONE OF SIX CAMPUSES OF METHODIST HEALTHCARE MEMPHIS HOSPITALS, A NOT-FOR-PROFIT HOSPITAL CORPORATION. -LE BONHEUR IS A REGIONAL PEDIATRIC ACADEMIC MEDICAL CENTER WITH 255 BEDS, 45 PEDIATRIC SUB-SPECIALTIES, 750 MEDICAL STAFF MEMBERS AND MORE THAN 3,400 EMPLOYEES. -EACH YEAR LE BONHEUR TREATS ALMOST 500,000 WITH OUR INPATIENT, OUTPATIENT AND COMMUNITY SERVICES. MOST PATIENTS COME FROM OUR 6-STATE REFERRAL AREA AND WE TYPICALLY SERVE CHILDREN FROM ALL 50 STATES AND MANY COUNTRIES. -LE BONHEUR SERVES AS THE EDUCATIONAL TRAINING CENTER FOR MEDICAL STUDENTS, RESIDENTS AND FELLOWS FOR THE UNIVERSITY OF TENNESSEE HEALTH SCIENCE CENTER. -THE CARE LE BONHEUR PROVIDES EXTENDS WELL INTO THE REGION AND BEYOND. LE BONHEUR HAS SUB-SPECIALTY OUTPATIENT CLINICS IN JACKSON, TN; JONESBORO, AR; AND TUPELO, MS. -LE BONHEUR IS A MAGNET DESIGNATED FACILITY BY THE AMERICAN NURSES CREDENTIALING CENTER AND DESIGNATED AS A LEVEL 1 PEDIATRIC TRAUMA CENTER BY THE AMERICAN COLLEGE OF SURGEONS. 1. THE FOCUS OF OUR FUNDRAISING IS THE ENDOWMENT FOR THE FUTURE OF LE BONHEUR. WE ARE CURRENTLY IN A CAMPAIGN TO RAISE $100M FOR THE HOSPITAL'S ENDOWMENT TO ENSURE LE BONHEUR IS ALWAYS THERE FOR FUTURE GENERATIONS OF CHILDREN. THE ENDOWMENT CAMPAIGN HAS FIVE MAJOR FOCUS AREAS: CARE FOR ALL CHILDREN, NEUROSCIENCE, RESEARCH, CARDIOLOGY, AND EDUCATION. HAVING REACHED OVER $50M IN THE ENDOWMENT, WE HAVE BEGUN TO USE THE INTEREST TO SUPPORT VARIOUS CLINICAL NEEDS. IN 2021, WE CONTINUED OUR COMPETITIVE SMALL GRANTS PROGRAM TO FUND PROJECTS THAT WILL IMPROVE AND PROMOTE QUALITY AND SAFETY FOR OUR PATIENTS AND ASSOCIATES. IN ALL, 11 PROJECTS WERE FUNDED TO BE EXECUTED IN 2022. 2. PEDIATRIC RESEARCH IS CRITICAL IN SUPPORT OF OUR CORE GOALS OF CONTRIBUTING TO THE PREVENTION, TREATMENT AND ELIMINATION OF CHILDREN'S DISEASE. THE CHILDREN'S FOUNDATION RESEARCH INSTITUTE (CFRI) PROVIDES INFRASTRUCTURE, EXPERTISE, SUPPORT AND COORDINATION TO FACILITATE BASIC, CLINICAL AND TRANSLATIONAL RESEARCH TO IMPROVE THE HEALTH OF CHILDREN. WE HAVE ALIGNED OUR RESEARCH FOCUS WITHIN AREAS OF MAJOR HEALTH PROBLEMS FOR THE POPULATION AND COMMUNITY WE SERVE LE BONHEUR CHILDREN'S HOSPITAL FOUNDATION, IN PARTNERSHIP WITH THE HOSPITALS RESEARCH DIVISION, AWARDED TWO JR FACULTY GRANTS FOR A TOTAL OF $48,668, AND $50,000 FOR SEVEN FELLOWSHIP GRANTS IN 2022 TO AID IN THE RESEARCH OF DISORDERED EATING BEHAVIORS IN PEDIATRIC PATIENTS WITH INFLAMMATORY BOWEL DISEASE, TRANSCRIPTOME OF INSULITIC HUMAN ISLETS, MECHANISM OF RENAL INJURY IN NEONATAL MICE EXPOSED TO HYPEROXIA, SEASONAL VARIATION OF SERUM TRYPTASE, 24 HOUR ABPN IN ADOLESCENTS WITH OBESITY BEING EVALUATED FOR LAPAROSCOPIC SLEEVE GASTRECTOMY, PILOT STUDY EXAMINING BIOMARKERS OF MULTIORGAN DYSFUNCTION AND VASCULOPATHY IN MULTISYSTEM INFLAMMATORY SYNDROME IN CHILDREN, PEDIATRIC VS. ABPM GUIDELINES TO PREDICT LVH. 3. THE LE BONHEUR FOUNDATION ALSO WORKS WITH A COMMITTEE OF FEDEX EMPLOYEES AND OTHERS TO RAISE FUNDS TO SUPPORT THE FEDEX FAMILY HOUSE, WHICH HOUSES OUT-OF-TOWN FAMILIES WHOSE CHILDREN ARE BEING TREATED AT LE BONHEUR. MANY FAMILIES HAVE AN EXTENDED STAY AND THE HOUSE SERVES AS A COMFORTABLE RESPITE AT A MOST STRESSFUL TIME. IN 2018, A $12-MILLION FUNDRAISING CAMPAIGN WAS COMPLETED AND THE FEDEX FAMILY HOUSE WAS EXPANDED FROM 24 ROOMS TO 75 ROOMS. THE NEW ADDITION OPENED IN DECEMBER 2018. EACH YEAR, THE LE BONHEUR FOUNDATION AND THE COMMITTEE RAISE AN AVERAGE OF $2 MILLION TO OPERATE THE FEDEX FAMILY HOUSE. 4. IN ADDITION TO NATIONALLY RENOWNED CLINICAL EXPERTISE, LE BONHEUR BELIEVES WE HAVE A RESPONSIBILITY TO PARTNER WITH OUR COMMUNITY TO PROMOTE AND PROTECT CHILDREN'S HEALTH AND WELL-BEING. LE BONHEUR CHILDREN'S HOSPITAL IS COMMITTED TO PROVIDING EVIDENCE-BASED SERVICES FOR CHILDREN AND FAMILIES AND TO WORKING WITH COMMUNITY PARTNERS TO IMPROVE HEALTH AND BEST PRACTICES. MORE THAN 250 STAFF MEMBERS WORK WITH CHILDREN IN THEIR ENVIRONMENTS SCHOOLS, COMMUNITY CENTERS, CLINICS, CHILDCARE FACILITIES AND HOMES. OUR PROGRAMS FOCUS ON RISK REDUCTION FOR CHILDREN AND ADOLESCENTS, CHILD DEVELOPMENT AND EFFECTIVE PARENTING, INJURY PREVENTION AND PROMOTING THE HEALTH AND WELL-BEING OF CHILDREN. FUNDING FOR THESE IMPORTANT COMMUNITY PROGRAMS IS PROVIDED THROUGH GRANTS AND THE FOUNDATION'S FUNDRAISING EFFORTS. THE LE BONHEUR CHILDREN'S HOSPITAL FOUNDATION IS COMMITTED TO SUPPORTING LE BONHEUR CHILDREN'S HOSPITAL IN ITS MISSION TO PROVIDE AND CONTINUOUSLY IMPROVE THE HIGHEST QUALITY OF CARE TO THE CHILDREN WE PEDIATRIC ILLNESS AND INJURY. THE FOUNDATION SOLELY SUPPORTS THE IMPORTANT WORK AND MISSION OF LE BONHEUR CHILDREN'S HOSPITAL. NAMED AS ONE OF THE NATION'S BEST CHILDREN'S HOSPITALS BY U.S. NEWS AND WORLD ONE OF THE NATION'S BEST CHILDREN'S HOSPITALS BY U.S. NEWS AND WORLD REPORT, LE BONHEUR HAS A UNIQUE MISSION THAT GOES BEYOND ACUTE CARE FOR SICK AND INJURED CHILDREN AND INCLUDES PEDIATRIC RESEARCH, CLINICAL EDUCATION, ADVOCACY AND PREVENTIVE CARE. TOGETHER, WE WORK TO SOLVE CHILDREN'S HEALTH ISSUES AND ELIMINATE DISPARITIES IN HEALTH CARE ACCESS. LE BONHEUR USES EXISTING STRENGTHS TO DEVELOP NEW PROGRAMS TO REACH UNDERSERVED CHILDREN. WE ARE FOCUSED ON PROVIDING EACH CHILD ANSERVE ABOUT METHODIST LE BONHEUR HEALTHCARE METHODIST LE BONHEUR HEALTHCARE (MLH) HAS SERVED THE MEMPHIS AND MID-SOUTH REGION FOR MORE THAN 100 YEARS. OUR FOUR ADULT HOSPITALS ARE LOCATED ACROSS THE CITY, AND ARE PART OF THE COMMUNITIES THEY SERVE. OUR CHILDREN'S HOSPITAL IS THE REGION'S ONLY COMPREHENSIVE PEDIATRIC HOSPITAL. OUR PHYSICIANS, NURSES AND OTHER CLINICIANS LIVE IN THE COMMUNITIES THAT THEY SERVE AND PROVIDE EXPERT CARE INSIDE THE HOSPITALS AND PREVENTATIVE SERVICES IN THEIR NEIGHBORHOODS. OUR ORGANIZATION IS COMMITTED TO IMPROVING THE HEALTH AND WELL-BEING OF THE COMMUNITIES WE SERVE, PROVIDING UNCOMPENSATED CARE, CHARITABLE CONTRIBUTIONS TO OTHER COMMUNITY ORGANIZATIONS AND COMMUNITY OUTREACH. WE EMPLOY 250 HEALTH CARE PROFESSIONALS TO ADDRESS COMMUNITY NEEDS AS THEY RELATE TO FOUR MAJOR AREAS: ACCESS TO SERVICES, RISK REDUCTION, CHILD DEVELOPMENT AND EFFECTIVE PARENTING AND CHRONIC ILLNESS MANAGEMENT AND PREVENTION. EXAMPLES INCLUDE PROGRAMS THAT OFFER FREE OR DISCOUNTED PRESCRIPTION DRUGS, NON-BILLED, IN-HOME SERVICES, IN-HOME EQUIPMENT, TRANSPORTATION VOUCHERS, CHILDBIRTH CLASSES AND A VARIETY OF HEALTH FAIRS ALL AIMED AT KEEPING OUR COMMUNITIES HEALTHY. MLH HAS RECEIVED REGIONAL AND NATIONAL RECOGNITION FOR THE CARE IT PROVIDES. METHODIST ADULT HOSPITALS IN THE MEMPHIS AREA, WHICH INCLUDE METHODIST UNIVERSITY, METHODIST LE BONHEUR GERMANTOWN, METHODIST NORTH AND METHODIST SOUTH, ARE RANKED AS A TOP HOSPITAL IN THE REGION BY U.S. NEWS & WORLD REPORT. METHODIST OLIVE BRANCH HOSPITAL IN NORTH MISSISSIPPI IS A CMS 4-STAR HOSPITAL, THE ONLY HOSPITAL IN THE REGION TO BE SO RECOGNIZED FOR BOTH QUALITY AND PATIENT EXPERIENCE. LE BONHEUR CHILDREN'S HOSPITAL HAS BEEN NAMED A "BEST CHILDREN'S HOSPITAL" BY U.S. NEWS & WORLD REPORT FOR ELEVEN/11 CONSECUTIVE YEARS. LE BONHEUR PROVIDES OUTPATIENT SERVICES IN WEST TENNESSEE, NORTHERN MISSISSIPPI AND EASTERN ARKANSAS TO ENSURE CHILDREN THERE HAVE ACCESS TO EXPERT PEDIATRIC CARE. LE BONHEUR IS ALSO A LEVEL 1 PEDIATRIC TRAUMA CENTER, AND SERVES AS THE REGION'S PRIMARY SOURCE FOR PEDIATRIC TRAUMA CARE AND TRAUMA EDUCATION FOR REGIONAL PROVIDERS. METHODIST ALSO SERVES THE COMMUNITY WITH DIAGNOSTIC CARE FACILITIES IN THE COMMUNITIES WE SERVE AND ONE HOSPICE FACILITY COMMITTED TO CARING FOR OUR PATIENTS AT END-OF-LIFE. WE ARE ALSO AN ECONOMIC DRIVER FOR THE COMMUNITY, CONTRIBUTING $5 BILLION TO THE MEMPHIS-AREA ECONOMY. MLH EMPLOYS MORE THAN 10,600 ASSOCIATES AND HAS A MEDICAL STAFF OF MORE THAN 2,400 PROVIDERS, MAKING IT THE SECOND-LARGEST PRIVATE EMPLOYER IN SHELBY COUNTY. METHODIST UNIVERSITY HOSPITAL IS A PRIMARY TEACHING HOSPITAL FOR THE UNIVERSITY OF TENNESSEE HEALTH SCIENCE CENTER AND LE BONHEUR CHILDREN'S SERVES AS THE PRIMARY TEACHING AFFILIATE FOR THE UNIVERSITY, TRAINING HUNDREDS OF PEDIATRICIANS AND SPECIALISTS EACH YEAR. OUR RESEARCHERS ARE WORKING TO FIND NEW SOLUTIONS TO CHRONIC DISEASE THAT AFFECTS OUR POPULATION ESPECIALLY INCLUDING NEW TREATMENTS FOR DIABETES AND ASTHMA. WE ALSO HAVE SIGNIFICANT PARTNERSHIPS WITH ST. JUDE CHILDREN'S RESEARCH FOUNDATION AND THE UNIVERSITY OF MEMPHIS TO EXTEND OUR RESEARCH AND TEACHING CAPABILITIES. LCHF IS A SUBSCRIBING MEMBER OF CHILDREN'S MIRACLE NETWORK HOSPITALS. LOCAL FUNDS RAISED THROUGH SPONSORS OF THIS ORGANIZATION SUPPORT SOME OF THE HOSPITAL'S GREATEST NEEDS. THE EXPOSURE RECEIVED THROUGH PARTNERSHIPS WITH MORE THAN 400 RETAIL CMN REGIONAL LOCATIONS ALLOWS LE BONHEUR TO HAVE A GREATER PRESENCE THROUGHOUT THE REGION. THIS PRESENCE GIVES OPPORTUNITY FOR GREATER EXPOSURE OF PROGRAMS AVAILABLE AT LE BONHEUR. 11787907 true true false false false false false false true true true false false false true false true false false false false false false true false false true false true false false false false false false false false true false false false false true true true false false true 92 0 true 44 true false false false false false true true false false false false false false X 9 4 false false false false true true true true true false false true true true true true true true true false TN X X RICK HETHERINGTON 9014781040 1211 UNION AVENUE SUITE 600 MEMPHIS TN 38104 Brandon Edgerson VP/COO 2.0 0 X X 0 296737 43481 Jennilyn Utkov Executive Director 20.0 20.0 X X 0 232585 21257 Kevin Todd Treasurer 2.0 2.0 X X 0 355105 71206 Maureen O'Connor PRESIDENT 2.0 0 X X 0 272256 28485 Monica Wharton SECRETARY 2.0 60.0 X X 0 641917 134524 Dr Jon Mccullers Board Director 2.0 0 X 0 0 0 James Trey Eubanks Interim Pres/Surg Chief LCH 2.0 0 X 0 0 0 Jerald Gaines Board Director 2.0 0 X 0 0 0 Michele Ehrhart Board Director 2.0 0 X 0 0 0 September Eason Incoming Pres Le Bonheur Club 2.0 0 X 0 0 0 Michelle Rogers Development Foundation/Dir 40.0 0 X 0 114242 15923 0 1912841 314876 0 false true false Children's Miracle Network 205 W 700 S Salt Lake City UT 84101 Contract Services 204069 John Childress PO Box 11706 Memphis TN 38111 Contract Services 136750 2 2300661 26065388 832906 28366049 0 0 0 0 0 -2137718 -2137718 0 0 0 0 559283 2300661 1415730 -856447 -856447 0 0 0 0 0 25371884 0 0 -2994165 9303737 9303737 2544681 1696859 98262 749560 100755 100755 449173 360099 23673 65401 205765 144429 5437 55899 4042 4042 255057 248757 2445 3855 197660 1672 157286 38702 114780 27621 86633 526 2141 1527 614 53229 4733 48096 400 448 448 4597 4597 MISCELLANEOUS EXPENSE 484376 456642 27734 0 0 0 0 13720441 11787907 884491 1048043 169388 133940 4534928 4146701 0 0 0 0 170053 9028 6988 2488 2040 65471489 72832810 25921421 35798736 0 1897475 717492 98167242 113631719 259076 326060 0 0 0 0 259076 326060 X 21193995 22850027 76714171 90455632 97908166 113305659 98167242 113631719 X 11651443 3973132 -227082 X X false true X true true true X X 2 METHODIST HEALTHCARE - MEMPHIS HOSPITALS 620479367 3 true 5921847 0 METHODIST LE BONHEUR COMMUNITY OUTREACH 621251288 7 true 917108 0 2 6838955 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.0 X true false false false false false false false false false false false false false false true false 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 93148643 12352319 5602395 2720190 108383167 72272140 11557358 -5837479 -15156624 93148643 60079423 9284579 5221223 2313085 72272140 54703373 8255553 4079245 6958748 60079423 12910228 40344625 5665779 75000 4142259 54703373 0.0 0.03 0.97 false false 9028 6988 2040 2040 HEDGE FUND OF FUNDS - LONG/SHORT EQUITY 3736180 F COMINGLED EQUITY SECURITIES 26891080 F PRIVATE REAL ESTATE COMMINGLED FUND 5171476 F 35798736 0 X 30533664 3973132 1188648 5161780 25371884 0 0 25371884 15136171 1415730 1415730 13720441 0 0 13720441 Schedule D, Part XI, Line 2(d) OTHER REVENUES IN AUDITED FINANCIAL STATEMENTS NOT IN FORM 990 FUNDRAISING EVENT DIRECT EXPENSES 869,836 EQUITY TRANSFER - 92,784 OTHER CHANGE 2,623,938 Schedule D, Part XII, Line 2(d) OTHER EXPENSES IN AUDITED FINANCIAL STATEMENTS NOT IN FORM 990 FUNDRAISING EVENT DIRECT EXPENSES 869,836 Schedule D, Part V, Line 4 THE FOUNDATION RECEIVED A LIMITED AMOUNT OF DONOR-RESTRICTED ENDOWMENT FUNDING AND DOES NOT MAINTAIN ANY BOARD-DESIGNATED ENDOWMENTS. IN ALL MATERIAL RESPECTS, INCOME FROM THE DONOR RESTRICTED ENDOWMENT FUNDS IS ITSELF RESTRICTED TO SPECIFIC DONOR-DIRECTED PURPOSES, AND IS THEREFORE ACCOUNTED FOR WITHIN TEMPORARILY RESTRICTED NET ASSETS UNTIL EXPENDED IN ACCORDANCE WITH THE DONOR'S WISHES. FOUNDATION FUNDS ARE INVESTED IN SECURITIES THAT, FROM TIME TO TIME, CAN EXPERIENCE DROPS IN MARKET VALUATIONS. WHILE OUR INVESTMENT POLICIES ARE CONSERVATIVE AND STRIVE TO PROTECT PRINCIPAL AND CORPUS, THERE IS NO ASSURANCE THAT THE ABSOLUTE VALUE OF FUNDS CANNOT DROP BELOW ORIGINAL VALUE DURING TIMES OF SEVERE MARKET DROPS Schedule D, Part V, Line 4 - INTENDED USES OF ENDOWMENT FUNDS THE FOUNDATION RECEIVED A LIMITED AMOUNT OF DONOR-RESTRICTED ENDOWMENT FUNDING AND DOES NOT MAINTAIN ANY BOARD-DESIGNATED ENDOWMENTS. IN ALL MATERIAL RESPECTS, INCOME FROM THE DONOR RESTRICTED ENDOWMENT FUNDS IS ITSELF RESTRICTED TO SPECIFIC DONOR-DIRECTED PURPOSES, AND IS THEREFORE ACCOUNTED FOR WITHIN TEMPORARILY RESTRICTED NET ASSETS UNTIL EXPENDED IN ACCORDANCE WITH THE DONOR'S WISHES. FOUNDATION FUNDS ARE INVESTED IN SECURITIES THAT, FROM TIME TO TIME, CAN EXPERIENCE DROPS IN MARKET VALUATIONS. WHILE OUR INVESTMENT POLICIES ARE CONSERVATIVE AND STRIVE TO PROTECT PRINCIPAL AND CORPUS, THERE IS NO ASSURANCE THAT THE ABSOLUTE VALUE OF FUNDS CANNOT DROP BELOW ORIGINAL VALUE DURING TIMES OF SEVERE MARKET DROPS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) FOOTNOTE THE ORGANIZATION CONSOLIDATES ITS AUDIT WITH ITS CORPORATE PARENT AND OTHER SUBSIDIARIES OF THE PARENT. THE FOLLOWING STATEMENT REFLECTS THE FIN 48 FOOTNOTE OF THE CONSOLIDATED GROUP. THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE SYSTEM AND ALL OF THE NONPROFIT AFFILIATES FOR WHICH THE SYSTEM OR ITS BOARD OF DIRECTORS IS CONTROLLING MEMBER ARE EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(A) AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3). AS QUALIFIED TAX-EXEMPT ORGANIZATIONS, THE SYSTEM'S NONPROFIT AFFILIATES MUST OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THEIR TAXEXEMPT STATUS. INCOME TAX FROM THE OPERATIONS OF THE SYSTEM'S WHOLLY OWNED FOR-PROFIT SUBSIDIARY, AMBULATORY OPERATIONS, INC., AND ITS SUBSIDIARIES IS NOT SIGNIFICANT. THE SYSTEM APPLIES FASB ASC TOPIC 740 (TOPIC 740), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. TOPIC 740 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS AND PROVIDES GUIDANCE ON WHEN TAX POSITIONS ARE RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND HOW THE VALUES OF THESE POSITIONS ARE DETERMINED. THERE HAS BEEN NO IMPACT ON THE SYSTEM'S COMBINED FINANCIAL STATEMENTS AS A RESULT OF TOPIC 740 Schedule D, Part V, Line 4 Intended uses of endowment funds THE FOUNDATION RECEIVED A LIMITED AMOUNT OF DONOR-RESTRICTED ENDOWMENT FUNDING AND DOES NOT MAINTAIN ANY BOARD-DESIGNATED ENDOWMENTS. IN ALL MATERIAL RESPECTS, INCOME FROM THE DONOR RESTRICTED ENDOWMENT FUNDS IS ITSELF RESTRICTED TO SPECIFIC DONOR-DIRECTED PURPOSES, AND IS THEREFORE ACCOUNTED FOR WITHIN TEMPORARILY RESTRICTED NET ASSETS UNTIL EXPENDED IN ACCORDANCE WITH THE DONOR'S WISHES. FOUNDATION FUNDS ARE INVESTED IN SECURITIES THAT, FROM TIME TO TIME, CAN EXPERIENCE DROPS IN MARKET VALUATIONS. WHILE OUR INVESTMENT POLICIES ARE CONSERVATIVE AND STRIVE TO PROTECT PRINCIPAL AND CORPUS, THERE IS NO ASSURANCE THAT THE ABSOLUTE VALUE OF FUNDS CANNOT DROP BELOW ORIGINAL VALUE DURING TIMES OF SEVERE MARKET DROPS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE ORGANIZATION CONSOLIDATES ITS AUDIT WITH ITS CORPORATE PARENT AND OTHER SUBSIDIARIES OF THE PARENT. THE FOLLOWING STATEMENT REFLECTS THE FIN 48 FOOTNOTE OF THE CONSOLIDATED GROUP. THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE SYSTEM AND ALL OF THE NONPROFIT AFFILIATES FOR WHICH THE SYSTEM OR ITS BOARD OF DIRECTORS IS CONTROLLING MEMBER ARE EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(A) AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3). AS QUALIFIED TAX-EXEMPT ORGANIZATIONS, THE SYSTEM'S NONPROFIT AFFILIATES MUST OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THEIR TAXEXEMPT STATUS. INCOME TAX FROM THE OPERATIONS OF THE SYSTEM'S WHOLLY OWNED FOR-PROFIT SUBSIDIARY, AMBULATORY OPERATIONS, INC., AND ITS SUBSIDIARIES IS NOT SIGNIFICANT. THE SYSTEM APPLIES FASB ASC TOPIC 740 (TOPIC 740), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. TOPIC 740 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS AND PROVIDES GUIDANCE ON WHEN TAX POSITIONS ARE RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND HOW THE VALUES OF THESE POSITIONS ARE DETERMINED. THERE HAS BEEN NO IMPACT ON THE SYSTEM'S COMBINED FINANCIAL STATEMENTS AS A RESULT OF TOPIC 740. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Special Event Expenses - 1415730 Equity Transfer - 92784 Other Change - -319866 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Special Event Expenses - 1415730 FedEx Family House Gala 1175014 984337 190677 146086 341177 95491 106306 25493 Go Jim Go 298411 296608 1803 23391 402 542 0 15092 15 1386519 1019716 366803 109058 338932 34839 41721 137200 2859944 2300661 559283 278535 680511 130872 148027 177785 1415730 -856447 false METHODIST HEALTHCARE - MEMPHIS HOSPITALS 1265 UNION AVE Memphis TN 38104 620479367 501(c)(3) 2079935 FedEx Fam House Operational METHODIST LE BONHEUR COMMUNITY OUTREACH 600 JEFFERSON AVE Memphis TN 38104 621251288 501(c)(3) 917108 Operational Support METHODIST HEALTHCARE - MEMPHIS HOSPITALS 1265 UNION AVE Memphis TN 38104 620479367 501(c)(3) 2216136 Capital Acquisitions METHODIST HEALTHCARE - MEMPHIS HOSPITALS 1265 UNION AVE Memphis TN 38104 620479367 501(c)(3) 1625776 Operational Support and Marketing UNIVERSITY OF TENNESSEE 527 Andy Holt Tower Knoxville TN 37996 626001636 GovT 268097 Research Services And IRB Fees 3 false true false false false false false false false Monica Wharton SECRETARY 0 561748 0 0 0 80169 0 110409 0 24115 0 776441 0 76607 Brandon Edgerson VP/COO 0 272930 0 0 0 23807 0 33666 0 9815 0 340218 0 16529 Maureen O'Connor PRESIDENT 0 245836 0 0 0 26420 0 14988 0 13497 0 300741 0 14988 Kevin Todd Treasurer 0 326015 0 0 0 29090 0 44845 0 26361 0 426311 0 25272 Jennilyn Utkov Executive Director 0 204224 0 0 0 28361 0 12403 0 8854 0 253842 0 23448 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE BOARD OF METHODIST LE BONHEUR HEALTHCARE, A RELATED ORGANIZATION AND CORPORATE OVERSIGHT ENTITY, CONDUCTS THE FOLLOWING METHODS TO ESTABLISH COMPENSATION FOR ITS OFFICERS AND KEY EMPLOYEES: - COMPENSATION COMMITTEE - COMPENSATION STUDY / SURVEY - INDEPENDENT COMPENSATION CONSULTANT - APPROVAL BY THE BOARD / COMPENSATION COMMITTEE Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE PURPOSE OF THE METHODIST LE BONHEUR HEALTHCARE CONSOLIDATED EXECUTIVE DEFERRED COMPENSATION PLAN IS TO PROVIDE RETIREMENT BENEFITS FOR CERTAIN EXECUTIVE LEVEL EMPLOYEES IN ADDITION TO THE BENEFITS PROVIDED THROUGH THE OTHER RETIREMENT PLANS THAT ARE SPONSORED BY THE COMPANY. IT IS INTENDED THAT THIS PLAN COMPLY WITH INTERNAL REVENUE CODE SECTION 457(F) AND QUALIFY FOR THE SHORT-TERM DEFERRAL EXCEPTION TO CODE SECTION 409A. UNDER THE PLAN, CORPORATE EXECUTIVES AT OR ABOVE THE VICE PRESIDENT LEVEL ARE ELIGIBLE TO RECEIVE EXECUTIVE DEFERRED COMPENSATION CREDITS DEPENDING ON THEIR POSITION CLASSIFICATION [6%, 8%, 10%, 12%, 15%, 25% OF BASE SALARY]. EACH PLAN YEAR, THE EXECUTIVE MUST ELECT A DEFERRED VESTING DATE TO BE APPLIED TO THE DEFERRED COMPENSATION CREDIT THAT WILL BE EARNED IN THAT PLAN YEAR. THE DEFERRED VESTING DATE IS SUBJECT TO A VESTING SCHEDULE THAT REQUIRES A MINIMUM DEFERRAL OF 5 YEARS TO BECOME VESTED. UPON REACHING AGE 55, THE MINIMUM DEFERRAL IS REDUCED TO 3 YRS. UPON REACHING AGE 60, THE MINIMUM DEFERRAL IS REDUCED TO 2 YRS. AT AGE 64, A CASH EQUIVALENT IS PROVIDED TO THE EXECUTIVE AND NO ADDITIONAL DEFERRALS ARE MADE UNDER THIS PLAN. RESTORATION BENEFIT PARTICIPANTS THAT WERE NEGATIVELY IMPACTED BY FREEZING THE RESTORATION PLAN WERE PROVIDED WITH AN ADDITIONAL ANNUAL EDCP CONTRIBUTION UNTIL AGE 65 DESIGNED TO KEEP THEM WHOLE. THE PLAN IS UNFUNDED WITH ALL BENEFITS PAID FROM THE COMPANY'S GENERAL ASSETS. HOWEVER, THE EXECUTIVE IS ALLOWED TO DIRECT THE INVESTMENTS OF HIS OR HER DEFERRED COMPENSATION CREDIT IN A MENU OF INVESTMENT ALTERNATIVES MADE AVAILABLE BY THE COMPANY. UPON VESTING, A DISTRIBUTION IS PROVIDED LESS APPLICABLE TAX. IN THE CASE OF A VOLUNTARY TERMINATION OF EMPLOYMENT BY THE EXECUTIVE OR INVOLUNTARY TERMINATION OF EMPLOYMENT FOR CAUSE BY THE COMPANY, THE NON-VESTED FUNDS ARE FORFEITED. ACCELERATED VESTING (100%) IS ALLOWED UPON DEATH, DISABILITY OR AN INVOLUNTARY TERMINATION BY THE COMPANY WITHOUT CAUSE. ALLOCATIONS TO THE PLAN FOR THE YEAR INCLUDE THE FOLLOWING: $25,045 - KEVIN TODD $22,145 - MICHAEL WIGGINS $98,110 - MONICA WHARTON IN ADDITION, THE FOLLOWING INDIVIDUALS RECEIVED 457(F) PAYOUTS. THIS AMOUNT REPRESENTS THE FULLY VESTED PORTION PURSUANT TO THE 457(F) PLAN. THIS AMOUNT WAS REFLECTED IN COLUMN (C), ON THE PRIOR YEARS FORM 990 AS REQUIRED. PAYOUTS FROM THE PLAN FOR THE YEAR INCLUDE THE FOLLOWING: $25,272 - KEVIN TODD $14,988 - MAUREEN O'CONNOR $23,448 - JENNILYN UTKOV $59,763 - Michael Wiggins IN ADDITION, SEVERAL EXECUTIVES RECEIVED AN EXECUTIVE RETIREMENT LUMP SUM PAYOUT. THIS AMOUNT REPRESENTS THE FULLY VESTED PORTION PURSUANT TO THE 457(F) PLAN. THIS AMOUNT WAS REFLECTED IN COLUMN (C) ON THE PRIOR YEAR'S FORM 990 AS REQUIRED. PAYOUTS FROM THE EXECUTIVE RETIREMENT PLAN FOR THE YEAR INCLUDE THE FOLLOWING: No Payment made during tax year. X 8 466798 Market value X 1 400 Cost X New Studio Build 1 321012 Cost X Miscellaneous Items 31 44696 Cost false false false Form 990, Part VI, Line 6 Classes of members or stockholders LE BONHEUR CHILDREN'S HOSPITAL FOUNDATION IS A SUBSIDIARY OF METHODIST LE BONHEUR HEALTHCARE (MLH, 58-1454711), WITH MLH AS THE SOLE MEMBER. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body AS THE SOLE MEMBER OF THE ORGANIZATION, MLH AND ITS BOARD OF DIRECTORS ELECT ALL MEMBERS OF THE GOVERNING BODY FOR LE BONHEUR CHILDREN'S HOSPITAL FOUNDATION. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE MEMBER SHALL FROM TIME TO TIME ADOPT AND PROMULGATE SUCH AMENDMENTS, AS IT SHALL DEEM APPROPRIATE, TO THESE BYLAWS AND TO THE GENERAL POLICIES AND GUIDELINES OF THE CORPORATION, ALL OF WHICH SHALL BE CONSISTENT WITH THE PURPOSES OF THE CORPORATION. UPON REQUEST BY THE BOARD OF DIRECTORS AND AT SUCH OTHER TIMES AT THE MEMBER'S DISCRETION, THE MEMBER SHALL REVIEW THE AFFAIRS OF THE CORPORATION AND TAKE SUCH ACTION AS IT MAY DEEM APPROPRIATE IN ACCORDANCE WITH THESE BYLAWS. THE FOLLOWING ITEMS, AFTER BEING REVIEWED AND ADOPTED BY THE BOARD OF DIRECTORS, SHALL BE SUBMITTED TO THE MEMBER FOR APPROVAL: - IN THE LAST MONTH OF EACH FISCAL YEAR, A ONE (1) YEAR OPERATING BUDGET FOR THE CORPORATION'S ENSUING FISCAL YEAR; ANY SALE, EXCHANGE, GIFT MORTGAGE, OPTION, LEASE WITH A TERM IN EXCESS OF ONE (1) YEAR (EXCEPT TO DOCTORS FOR OFFICE SPACE), OR OTHER DISPOSITION OF: 1. ANY REAL PROPERTY (INCLUDING IMPROVEMENTS THEREON) OR INTEREST THEREIN OWNED BY THE CORPORATION. 2. ANY OTHER ASSET OR ASSETS OWNED BY THE CORPORATION WITH A VALUE IN EXCESS OF FIVE HUNDRED THOUSAND DOLLARS ($500,000.00), EXCEPT WITH RESPECT TO TRANSACTIONS SPECIFIED AND PREVIOUSLY APPROVED WITHIN THE CAPITAL OR OPERATING BUDGETS. - ANY APPLICATION FOR A GOVERNMENT GRANT; - ANY AMENDMENT OR RESTATEMENT OF THE CORPORATION'S CHARTER OR ANY PLAN OF MERGER, CONSOLIDATION OR DISSOLUTION OF THE CORPORATION; - ANY INDEMNIFICATION OF PERSONS BY THE CORPORATION EXCEPT AS SPECIFIED IN THESE BYLAWS; - ANY ACTION OR INACTION AT VARIANCE WITH THE STATED POLICIES OF THE CORPORATION, WHICH POLICIES HAVE BEEN APPROVED BY THE MEMBER; - ANY RELEASE OR CANCELLATION BY THE CORPORATION OF A CLAIM OR RIGHT OF ACTION AGAINST ANOTHER PARTY IN AN AMOUNT IN EXCESS OF FIVE HUNDRED THOUSAND DOLLARS ($500,000.00); AND - ANY OTHER MATTERS AS MAY BE REQUIRED BY LAW TO BE SUBMITTED TO THE MEMBER OF A NOT-FOR-PROFIT CORPORATION. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH INPUT FROM HUMAN RESOURCES, LEGAL, COMPLIANCE, AND FINANCE DEPARTMENTS AND EXTERNAL FINANCIAL CONSULTANTS. FINANCIAL INFORMATION IS RECONCILED TO AUDITED FINANCIAL STATEMENTS AS APPROPRIATE. THE INFORMATION TO BE DISCLOSED REGARDING COMPENSATION IS REVIEWED WITH THE COMPENSATION COMMITTEE OF THE BOARD. THE RETURN IS REVIEWED BY THE CHIEF FINANCIAL OFFICER OF MLH AND MANAGEMENT OF THE ORGANIZATION AS APPROPRIATE. A COPY OF THE RETURN IS PROVIDED TO EACH BOARD MEMBER VIA E-MAIL PRIOR TO FILING THE RETURN. Form 990, Part VI, Line 12c Conflict of interest policy METHODIST LE BONHEUR HEALTHCARE, THE PARENT ORGANIZATION, EMPLOYS A COMPLIANCE OFFICER WHO MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY FOR ALL VOTING BOARD MEMBERS AND APPLICABLE OFFICERS. Form 990, Part VI, Line 15a Process to establish compensation of top management official COMPENSATION FOR OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION IS DETERMINED BY THE BOARD OF DIRECTORS OF METHODIST LE BONHEUR HEALTHCARE, THE PARENT ORGANIZATION. AN EXTERNAL INDEPENDENT CONSULTANT ADVISES THE BOARD COMPENSATION COMMITTEE ON EXECUTIVE SALARY AND INCENTIVE COMPENSATION. BENEFITS ARE PERIODICALLY BENCHMARKED BY A SEPARATE EXTERNAL CONSULTANT AND ANY CHANGES ARE APPROVED BY THE BOARD OF DIRECTORS COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE IS COMPRISED OF INDEPENDENT MEMBERS AND IS A SUBGROUP OF THE FULL BOARD OF DIRECTORS. THE COMPENSATION CONSULTANT ANNUALLY DEVELOPS TOTAL CASH COMPENSATION COMPARISONS OF PEER NON-PROFIT SYSTEMS ESTABLISHED BY THE COMPENSATION COMMITTEE. THE COMPENSATION CONSULTANT INTERPRETS THE INFORMATION AND PROVIDES AN OPINION OF REASONABLENESS ON THE TOTAL CASH COMPENSATION PACKAGE. THE COMPENSATION COMMITTEE APPROVES ANY CHANGES TO THE COMPENSATION AND EXECUTIVE BENEFIT STRUCTURE OF THE CEO AND OTHER TOP EXECUTIVES, OTHERWISE KNOWN AS DISQUALIFIED CANDIDATES. ALL OTHER COMPENSATION DECISIONS ARE DETERMINED BY ARRANGEMENT AS DELEGATED BY THE BOARD OF DIRECTORS. THE COMMITTEE DOCUMENTS ALL DETERMINATIONS. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AUDITED IN A CONSOLIDATION WITH ITS CORPORATE PARENT, METHODIST LE BONHEUR HEALTHCARE, AND RELATED SUBSIDIARIES. INFORMATION ON FINANCIAL STATEMENTS IS AVAILABLE BY CONTACTING THE ORGANIZATION'S CORPORATE OFFICE. PLEASE SEE FORM 990, PART VI, LINE 20 FOR DETAILS. CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS FOR ALL AFFILIATES OF METHODIST LE BONHEUR HEALTHCARE ARE ALSO AVAILABLE BY REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Equity Transfer - 92784; Other Change - -319866; Form 990, Part XII, Line 2c Change of oversight process or selection process This process has not changed from the prior year. ALLIANCE HEALTH SERVICES INC 6400 SHELBY VIEW SUITE 101 MEMPHIS TN 38134 620841121 HEALTHCARE TN 501(c)(3) 10 METHODIST LE BONHEUR HEALTHCARE false METHODIST HEALTHCARE - MEMPHIS HOSPITALS 1265 UNION AVENUE MEMPHIS TN 38104 620479367 HOSPITALS TN 501(c)(3) 3 METHODIST LE BONHEUR HEALTHCARE false METHODIST HEALTHCARE CENTRAL MS MEDICAL ASSOCIATES 1211 UNION AVENUE SUITE 657 MEMPHIS TN 38104 640884720 INACTIVE HOSPITAL MS 501(c)(3) 3 METHODIST LE BONHEUR HEALTHCARE false METHODIST HEALTHCARE COMMUNITY CARE ASSOCIATES 6400 SHELBY VIEW SUITE 101 MEMPHIS TN 38134 621403517 OUTPATIENT HEALTHCARE MS 501(c)(3) 10 METHODIST LE BONHEUR HEALTHCARE false METHODIST HEALTHCARE FOUNDATION 1211 UNION AVENUE SUITE 450 MEMPHIS TN 38104 237320638 FOUNDATION TN 501(c)(3) Type I METHODIST LE BONHEUR HEALTHCARE false METHODIST HEALTHCARE-JACKSON HOSPITAL 1211 UNION AVENUE SUITE 657 MEMPHIS TN 38104 640794199 INACTIVE HOSPITAL MS 501(c)(3) 3 METHODIST LE BONHEUR HEALTHCARE false METHODIST HEALTHCARE-JONESBORO HOSPITAL 1211 UNION AVENUE SUITE 657 MEMPHIS TN 38104 710499625 INACTIVE HOSPITAL AZ 501(c)(3) 3 METHODIST LE BONHEUR HEALTHCARE false METHODIST HEALTHCARE-MIDDLE MISSISSIPPI HOSPITAL 1211 UNION AVENUE SUITE 657 MEMPHIS TN 38104 640698911 INACTIVE HOSPITAL MS 501(c)(3) 3 METHODIST LE BONHEUR HEALTHCARE false METHODIST HEALTHCARE-OLIVE BRANCH HOSPITAL 1211 UNION AVENUE SUITE 700 MEMPHIS TN 38104 640889822 HOSPITAL MS 501(c)(3) 3 METHODIST LE BONHEUR HEALTHCARE false METHODIST LE BONHEUR COMMUNITY OUTREACH 600 JEFFERSON AVE MEMPHIS TN 38104 621251288 FOUNDATION TN 501(c)(3) 7 LE BONHEUR CHILDREN'S HOSPITAL true METHODIST LE BONHEUR HEALTHCARE 1211 UNION AVENUE SUITE 700 MEMPHIS TN 38104 581454711 SUPPORTING ORGANIZATION TN 501(c)(3) Type II NA false UT LE BONHEUR PEDIATRIC SPECIALISTS INC 1211 UNION AVENUE SUITE 700 MEMPHIS TN 38104 273426141 PEDIATRICS TN 501(c)(3) 3 METHODIST LE BONHEUR HEALTHCARE false NORTH SURGERY CENTER LP 3960 NEW COVINGTON PIKE MEMPHIS TN 38128 621685756 SURGERY CENTER TN NA N/A false false METHODIST SURGERY CENTERGERMANTOWN LP 1363 S GERMANTOWN ROAD GERMANTOWN TN 38138 621659904 SURGERY CENTER TN NA N/A false false HAMILTON EYE INSTITUTE SURGERY CENTER LP 930 MADISON AVE 3RD FLOOR MEMPHIS TN 38103 202873438 SURGERY CENTER TN NA N/A false false LE BONHEUR EAST SURGERY CENTER II LP 786 ESTATE PLACE MEMPHIS TN 38120 800247391 SURGERY CENTER TN NA N/A false false AMBULATORY OPERATIONS INC 1211 UNION AVENUE SUITE 600 MEMPHIS TN 38104 621157166 MEDICAL SERVICES TN NA C Corporation false SOLUS MANAGEMENT SERVICES INC 6400 SHELBY VIEW SUITE 101 MEMPHIS TN 38134 621361349 HEALTH SERVICES MANAGEMENT TN NA C Corporation false MEMPHIS PROFESSIONAL BUILDING INC 1211 UNION AVENUE SUITE 600 MEMPHIS TN 38104 621847544 INVESTMENTS TN NA C Corporation false false true true true false false false false false false true true false true true true false false false METHODIST LE BONHEUR COMMUNITY OUTREACH B 917108 FMV