2024-11-08T15:46:34-07:00 2023-12-31 990 2023-01-01 161072414 CAYUGA MEDICAL CENTER FOUNDATION CAYU 6072744443 101 Dates Drive Ithaca NY 14850 Rebecca Gould Chief Financial Officer 6072744136 2024-11-08 1 2023 2024-10-15 13:58:12Z Thomas Evans 101 Dates Drive Ithaca NY 14850 1129669 0 X X 1889 NY To provide assistance to Cayuga Medical Center so as to provide health and welfare mainly through fund raising, investment activities, funding for capital equipment and providing education scholarships relating to the healthcare field. 8 8 0 55 0 0 275442 523722 0 0 -5255 605947 0 0 270187 1129669 99741 94160 0 0 0 0 427630 570701 570701 67804 73833 595175 738694 -324988 390975 17601450 16342721 13642914 11472835 3958536 4869886 To provide funds to or for the benefit of Cayuga Medical Center at Ithaca, so as to promote the health and welfare of the community by soliciting, accepting, holding, investing and reinvesting gifts, grants, contributions, devices, benefits or trusts, endowments and property of any kind without limitations as to the amount or value. 0 0 95050 94160 0 Health education assistance provides funds to assist individuals to obtain education in the heathcare field. 0 0 0 95050 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X Rebecca Gould 6075358879 101 Dates Drive Ithaca NY 14850 Lynnette Scofield Trustee 0 0.5 X 0 0 0 Mark Kreydt Trustee 0 0.5 X 0 0 0 Amy Little Trustee 0 0.5 X 0 0 0 John Ford Trustee 0 0.5 X 0 0 0 Thomas Evans President 0 1 X 0 0 0 Mark Kreydt Vice President 0 0.5 X 0 0 0 Lisa Seyfried Secretary 0 0.5 X 0 0 0 Jerry Mickelson Treasurer 0 0.5 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 523722 0 523722 0 223290 0 0 223290 0 0 0 0 0 0 0 0 0 0 382657 0 0 0 382657 0 382657 0 0 382657 0 0 1129669 0 0 605947 0 0 94160 94160 0 0 55500 55500 13320 13320 570701 570701 4123 4123 Bad Debt 890 890 0 0 738694 95050 72943 570701 533612 117466 1450237 882534 485782 514557 139662 61753 997777 9315971 13994110 5450170 270 270 17601450 16342721 1136982 99207 12505932 11373628 13642914 11472835 X 153057 466387 3805479 4403499 3958536 4869886 17601450 16342721 390975 520375 0 0 0 0 X X 1 X 0 1 0 X X 1 Cayuga Medical Center at Ithaca 222325405 3 0 94160 570701 1 94160 570701 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X 1 1 Schedule A, Part IV, Section E, Line 2a The organization's activities provided funds to the supported organization to assist in education costs in the healthcare field, which assisted the supported organization in its need for qualified healthcare education. This funding furthered the exempt purpose of the supported organization. Schedule A, Part IV, Section E, Line 2b If the organization had not solicited directly for supported organization, then the supported organization would have been left to solicit funds for itself. The supported organization has a program that provides funds to its employees for continuing education. The organization offered funds that assisted the supported organization's need to provide health care related education to both current and prospective employees. If the organization did not offer these funds, then the supported organization, cognizant of the need for a base of highly educated personnel from which to draw employees, would not be able to expand its continuing education program for its purpose. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3805479 8870 589150 0 0 0 4403499 4830868 7274 -1032663 0 0 0 3805479 4456388 12593 466381 0 104497 0 4830865 4206886 31626 301244 0 83368 0 4456388 3756082 6909 517921 0 76726 0 4204186 0 1 0 1 0 Funds Held in Trust by Others 5450170 F 5450170 0 Payable to Durham Trust 3195084 Payable to CMC 8178544 11373628 Schedule D, Part V, Line 4 THERE ARE 5 PERMANENT ENDOWMENTS. ONE IS INTENDED TO GENERATE INCOME FOR CAYUGA MEDICAL CENTER. ONE IS INTENDED TO GENERATE INCOME FOR AND TO PROVIDE FUNDS FOR THE EDUCATION OF YOUNG WOMEN IN THE HEALTHCARE FIELD. ONE IS INTENDED TO GENERATE INCOME FOR HEALTH EDUCATION SCHOLARSHIPS. TWO ARE INTENDED TO GENERATE INCOME FOR CHARITY CARE. X X X X 0 NY 1 Scholarship 49 94160 0 HEALTH EDUCATION ASSISTANCE PART I, LINE 2: SCHOLARSHIPS TO EMPLOYEES OF CAYUGA MEDICAL CENTER: THE FUNDING IS INITIATED AS A LOAN OF UP TO $4,250 A YEAR, MAXIMUM OF $21,250 OVER A FIVE-YEAR SPAN. EACH YEAR OF THE LOAN, OR PART THEREOF, WILL BE REPAID BY SERVICE TO CAYUGA MEDICAL CENTER FOR A TOTAL OF 3,400 HOURS. UPON SATISFYING THE SERVICE AGREEMENT, THE LOAN IS CONVERTED INTO A SCHOLARSHIP. (F) DESCRIPTION OF NON-CASH ASSISTANCE: HEALTH EDUCATION ASSISTANCE PROVIDES FUNDS TO ASSIST CAYUGA MEDICAL CENTER FOUNDATION 16-1072414 INDIVIDUALS TO OBTAIN EDUCATION IN THE HEALTHCARE Schedule I, Part I, Line 2 SCHOLARSHIPS TO EMPLOYEES OF THE SUPPORTED ORGANIZATION (CAYUGA MEDICAL CENTER): THE FUNDING IS INITIATED UPON THE REQUEST TO THE ORGANIZATION BY THE SUPPORTED ORGANIZATION, FOR EDUCATIONAL LOANS FOR THE EMPLOYEES OF THE SUPPORTED ORGANIZATION. LOANS OF UP TO $4,500 A YEAR, MAXIMUM OF $23,000 OVER A FIVE-YEAR SPAN. EACH YEAR OF THE LOAN, OR PART THEREOF, WILL BE REPAID BY SERVICE TO CAYUGA MEDICAL CENTER FOR A TOTAL OF 3,400 HOURS. UPON SATISFYING THE SERVICE AGREEMENT, THE LOAN IS CONVERTED INTO A SCHOLARSHIP. (F) DESCRIPTION OF NON-CASH ASSISTANCE: HEALTH EDUCATION ASSISTANCE PROVIDES FUNDS TO ASSIST INDIVIDUALS TO OBTAIN EDUCATION IN THE HEALTHCARE FIELD Form 990, Part I, Line 1 DESCRIPTION OF ORGANIZATION MISSION: FUND RAISING, INVESTMENT ACTIVITIES, FUNDING FOR CAPITAL EQUIPMENT AND PROVIDING EDUCATION SCHOLARSHIPS RELATING TO THE HEALTHCARE FIEL Form 990, Part VI, Section A, Line 8a BOARD MINUTES ARE TAKEN AND STATE WHO IS IN ATTENDANCE, WHO PRESIDED AT THE MEETING, WHEN THE MEETING STARTED AND ENDED, AND WHAT ACTIONS (MOTIONS) WERE TAKEN. THE MINUTES TYPICALLY MATERIALS, POWER POINT SLIDE AND NARRATIVE, THAT EXPLAIN THE RESULTS OF THE ACCOUNTING PERIOD AND MAY ALSO INCLUDE THE "WHY" OF A DECISION BEING MADE Form 990, Part VI, Section B, Line 11b AFTER COMPLETION BY THE STAFF ACCOUNTANT THE FORM 990 IS REVIEWED BY THE INDEPENDENT AUDITING FIRM, AND THEN IT IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE SUBMISSION TO THE IRS. Form 990, Part VI, Section B, Line 12c THE ORGANIZATION REQUIRES EACH OFFICER, DIRECTOR, AND TRUSTEE TO COMPLETE AND SIGN A NEW CONFLICT OF INTEREST FORM EACH YEAR Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST Form 990, Part XII, Line 2c THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS Cayuga Medical Center at Ithaca 101 Dates Drive Ithaca NY 14850 222325405 Hospital NY 501(c)(3) 170(b)(1)(A)(iii) N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 Cayuga Medical Center at Ithaca p 55500 Contract Cayuga Medical Center at Ithaca l 570701 Fundraising Services Provided