2024-11-15T10:06:03-06:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2023-01-01 112936410 THE BROOKLYN HOSPITAL FOUNDATION INC BROO 7182506755 121 DEKALB AVENUE BROOKLYN NY 11201 JOHN WALSH VP, CFO 7182506755 2024-11-15 1 1 KERRI N BOGDA CPA P00760402 7177404863 2024-11-14 2023 2024-10-15 13:58:12Z GARY TERRINONI 121 DEKALB AVENUE BROOKLYN NY 11201 3346828 0 X WWW.TBH.ORG X 1987 NY TO SUPPORT THE BROOKLYN HOSPITAL CENTER'S MISSION OF PROVIDING OUTSTANDING HEALTH SERVICES, EDUCATION, AND RESEARCH TO KEEP PEOPLE OF BROOKLYN AND GREATER NEW YORK HEALTHY. 17 8 0 10 0 0 1948739 2034751 0 0 108166 72112 -223056 -176248 1833849 1930615 1340049 1359894 0 0 498331 512599 33290 46532 123422 502900 637788 2374570 2556813 -540721 -626198 6463743 6343880 110366 77774 6353377 6266106 X THE FOUNDATION EXISTS TO SUPPORT THE VISION AND MISSION OF THE BROOKLYN HOSPITAL CENTER (TBHC) THROUGH A CHARITABLE ORGANIZATION COMMITTED TO THE BROOKLYN COMMUNITY. THE PRIMARY PURPOSE AND SCOPE OF THE FOUNDATION IS TO SUPPORT A BROAD RANGE OF EDUCATIONAL AND CLINICAL PROGRAMS AND SERVICES WHICH STRIVE TO IMPROVE THE HEALTHCARE DELIVERY SYSTEM IN BROOKLYN. THE VISION OF THE FOUNDATION SUPPORTS AND COMPLEMENTS THE VISION OF TBHC AND ITS PARTNERS, WITH A FIRM COMMITMENT TO A CONTINUED PRESENCE AND SERVICE TO RESIDENTS, PROVIDERS, EMPLOYERS, ORGANIZATIONS AND HEALTHCARE PROVIDERS. THE FOUNDATION IS SPECIFICALLY COMMITTED TO PURSUING CLINICAL EXCELLENCE THROUGH RESEARCH AND EDUCATION; TO IMPROVING ACCESS TO HEALTHCARE THROUGH COMMUNITY SERVICE AND OUTREACH PROGRAMS; AND TO SUPPORT ECONOMIC DEVELOPMENT THROUGH PHILANTHROPIC GIFTS AND GRANTS. THE FOUNDATION IS ROOTED DEEPLY IN BROOKLYN, TO SERVE ITS RESIDENTS, TO STRENGTHEN ITS RESOURCES AND TO PROVIDE THE MEANS FOR A HEALTHIER BROOKLYN. 0 0 1844528 1359894 0 PROVIDE FUNDS FOR THE BROOKLYN HOSPITAL DEVELOPMENT PROGRAM AND HELP PAY FOR HEALTH AND EDUCATIONAL PROGRAMS. 1844528 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X JOHN WALSH VP CFO 7182506755 121 DEKALB AVENUE BROOKLYN NY 11201 DINO VERONESE CO-CHAIR 1.00 6.00 X X 0 0 0 HARRY DYM CO-CHAIR 1.00 39.00 X X 0 463701 12234 ARMAND P ASARIAN MD VICE CHAIR 1.00 39.00 X X 0 449979 12234 GARY TERRINONI PRESIDENT & CEO 1.00 59.00 X X 0 1806154 12234 DEBBIE NIEDERHOFFER VICE PRESIDENT 60.00 0.00 X X 0 300000 11145 ADRINA BANKS-MARTIN TREASURER 1.00 6.00 X X 0 0 0 BERNARD DRAYTON SECRETARY 1.00 6.00 X X 0 0 0 J ANDERS COHEN MD TRUSTEE 1.00 39.00 X 0 868337 12234 MARTHA BAKOS DIETZ TRUSTEE 1.00 6.00 X 0 0 0 ANNE ELIZABETH FONTAINE TRUSTEE 1.00 6.00 X 0 0 0 JAMES GASPERINO MD TRUSTEE 1.00 39.00 X 0 685000 3830 ANDREW L HAMM TRUSTEE 1.00 6.00 X 0 0 0 NOAH KONDAMUDI MD TRUSTEE 1.00 39.00 X 0 450000 12234 LESIA BATES MOSS TRUSTEE 1.00 6.00 X 0 0 0 MADHAVI REDDY MD TRUSTEE 1.00 39.00 X 0 525000 12234 DANIEL RICCIARDI MD TRUSTEE 1.00 6.00 X 0 0 0 JOSHUA ROSENBERG MD TRUSTEE 1.00 39.00 X 0 325000 8934 CARLOS P NAUDON TRUSTEE (UNTIL APRIL 2023) 1.00 6.00 X 0 0 0 DAVID SCHWARTZ TRUSTEE (UNTIL APRIL 2023) 1.00 6.00 X 0 0 0 0 5873171 97313 0 0 1 0 0 1033919 1000832 118436 2034751 105871 105871 926206 959965 -33759 -33759 -33759 280000 1033919 456248 -176248 -176248 1930615 0 0 -104136 1359894 1359894 417019 291913 62553 62553 63678 44575 9551 9552 31902 22331 4786 4785 46532 46532 10435 10435 169587 169587 MISCELLANEOUS EXPENSE 211200 211200 EDUCATIONAL SUPPLIES 125815 125815 SOCIAL WORKERS 120751 120751 2556813 1844528 588863 123422 2088958 1134272 301933 525717 4072852 4683891 6463743 6343880 110366 77774 110366 77774 X 3414155 3069511 2939222 3196595 6353377 6266106 6463743 6343880 -626198 538927 0 X 0 1 X 1 0 X X X 1 THE BROOKLYN HOSPITAL CENTER 111630755 3 1 1359894 0 1 1359894 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO AFFILIATES 77674 OTHER LIABILITIES 100 77774 X X X X X X 1 POPLAR EVENTS LLC 8 POPLAR STREET ELMSFORD NY 10523 FUNDRAISING 0 0 46532 0 46532 NY FOUNDERS BALL 1313919 1033919 280000 45000 73555 261624 76069 1313919 1033919 280000 45000 73555 261624 76069 456248 -176248 1 THE BROOKLYN HOSPITAL CENTER 121 DEKALB AVENUE BROOKLYN NY 11201 111630755 501(C)(3) 1359894 0 HEALTH & EDUCATION 1 0 PART I, LINE 2: THE FOUNDATION ONLY PROVIDES GRANTS TO ITS RELATED TAX-EXEMPT ORGANIZATIONS. THE GRANTS ARE REIMBURSEMENTS OF EXPENSES THAT HAVE ALREADY BEEN INCURRED AND SUBMITTED FOR APPROVAL; THEREFORE, THE NEED FOR MONITORING THE USE OF FUNDS AFTER THEY HAVE BEEN GRANTED IS NOT NECESSARY. 0 1 0 0 0 0 0 0 0 GARY TERRINONI PRESIDENT & CEO 0 1466154 0 340000 0 0 0 3300 0 8934 0 1818388 0 0 J ANDERS COHEN MD TRUSTEE 0 750000 0 118337 0 0 0 3300 0 8934 0 880571 0 0 JAMES GASPERINO MD TRUSTEE 0 610000 0 75000 0 0 0 0 0 3830 0 688830 0 0 MADHAVI REDDY MD TRUSTEE 0 475000 0 50000 0 0 0 3300 0 8934 0 537234 0 0 HARRY DYM CO-CHAIR 0 443701 0 20000 0 0 0 3300 0 8934 0 475935 0 0 NOAH KONDAMUDI MD TRUSTEE 0 450000 0 0 0 0 0 3300 0 8934 0 462234 0 0 ARMAND P ASARIAN MD VICE CHAIR 0 449979 0 0 0 0 0 3300 0 8934 0 462213 0 0 JOSHUA ROSENBERG MD TRUSTEE 0 325000 0 0 0 0 0 0 0 8934 0 333934 0 0 DEBBIE NIEDERHOFFER VICE PRESIDENT 0 250000 0 50000 0 0 0 2211 0 8934 0 311145 0 0 PART I, LINE 3 THE TOP MANAGEMENT OFFICIAL'S COMPENSATION WAS PAID BY A RELATED ORGANIZATION WHICH USED ONE OR MORE OF THE METHODS LISTED TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION. PART I, LINE 4B THE PRESIDENT AND CEO, GARY TERRINONI, IS THE SOLE PARTICIPANT OF THE ORGANIZATION'S SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN. HE RECEIVED NO DISTRIBUTION DURING THE YEAR ENDED DECEMBER 31, 2023. X 2 81699 COMPARABLE SALES X BABY STROLLERS AND EQUIPMENT 1 12865 COMPARABLE SALES X MAKEUP 1 12399 COMPARABLE SALES X HANDBAGS 1 5580 COMPARABLE SALES X BACKPACKS 1 1957 COMPARABLE SALES X SNEAKERS 1 1463 COMPARABLE SALES X HAIR TOOLS 1 1248 COMPARABLE SALES X LUGGAGE 1 1125 COMPARABLE SALES X AIR MATTRESS 1 100 COMPARABLE SALES 0 0 1 0 PART I, COLUMN (B): THE AMOUNT IN PART I, COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 6 THE BROOKLYN HOSPITAL CENTER, WHICH IS A TAX-EXEMPT ORGANIZATION, IS THE SOLE CORPORATE MEMBER OF THE BROOKLYN HOSPITAL FOUNDATION, INC. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER HAS THE AUTHORITY TO ELECT THE TRUSTEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBER HAS THE AUTHORITY TO AMEND OR REPEAL REVISIONS TO THE CERTIFICATE OF INCORPORATION AND/OR BYLAWS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY A SUB-COMMITTEE OF THE PARENT'S BOARD OF TRUSTEES, WHICH INCLUDES THE CHAIRMAN OF THE BOARD OF TRUSTEES, THE CHAIRMAN OF THE FINANCE COMMITTEE, THE PRESIDENT & CEO AND THE CHIEF FINANCIAL OFFICER. THE FORM 990 WAS ALSO PROVIDED TO THE MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE VP OF INTERNAL AUDIT AND COMPLIANCE REVIEWS ALL STATEMENTS. ALL POSITIVE RESPONSES ARE REVIEWED WITH THE CEO AND GENERAL COUNSEL. ALL MATERIAL RESPONSES ARE REPORTED TO THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD, ALONG WITH RECOMMENDED ACTIONS. IF A CONFLICT ARISES THEN THE VP OF INTERNAL AUDIT AND COMPLIANCE GATHERS ADDITIONAL INFORMATION FROM THE REPORTER AS NECESSARY. POSITIVE RESPONSES ARE REVIEWED BY THE VP OF INTERNAL AUDIT AND COMPLIANCE, CEO, AND COUNSEL, AND THIS GROUP DETERMINES WHICH, IF ANY, RESPONSES REPRESENT A CONFLICT. THE CEO WILL THEN TAKE SUCH ACTION AS IS DEEMED APPROPRIATE TO ELIMINATE THE CONFLICT OF INTEREST, INCLUDING SUCH STEPS AS REASSIGNMENT OF RESPONSIBILITIES OR ESTABLISHMENT OF PROTECTIVE ARRANGEMENTS. IF THE MATTER INVOLVES A BOARD MEMBER OR OFFICER, APPROPRIATE ACTION WILL BE DETERMINED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE ORGANIZATION WILL MAKE AVAILABLE ONLY THOSE DOCUMENTS REQUIRED TO BE DISCLOSED UNDER THE PUBLIC INSPECTION LAWS. 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