2025-08-27T11:02:04-05:00 2024-12-31 420714325 RSM US LLP 30 SOUTH WACKER DR SUITE 3300 CHICAGO IL 606063392 990 2024-01-01 592082218 MEMORIAL FOUNDATION INC MEMO 9542653454 3329 JOHNSON STREET HOLLYWOOD FL 33021 KELLEY E MORRIS PRESIDENT 9542653454 2025-08-25 1 1 REBEKUH ELEY P01247672 3126343400 2025-08-25 2024 2025-03-06 01:10:19Z KELLEY E MORRIS 3329 JOHNSON STREET HOLLYWOOD FL 33021 38870261 0 X WWW.MHSFOUNDATION.ORG X 1981 FL MEMORIAL FOUNDATION WAS ESTABLISHED IN 1981 TO PROVIDE PHILANTHROPIC SUPPORT TO MEMORIAL HEALTHCARE SYSTEM WHOSE MISSION IS TO HEAL THE BODY, MIND, AND SPIRIT OF THOSE WE TOUCH. EVERY DONATION RECEIVED HELPS TO ENSURE THAT QUALITY, COST EFFECTIVE, PATIENT-AND-FAMILY FOCUSED HEALTH CARE IS PROVIDED TO ALL, REGARDLESS OF ABILITY TO PAY.DURING THE FISCAL YEAR, THE FOUNDATION FUNDED CAPITAL PROJECTS, VARIOUS PROGRAMS AND PROVIDED SUPPORT TO PATIENTS AND FAMILIES. 40 40 0 100 0 0 4804085 5954239 0 0 489331 955014 30505 -614 5323921 6908639 7756325 10187144 0 0 0 0 0 0 185121 525024 519945 8281349 10707089 -2957428 -3798450 38411505 56437782 1638147 2188392 36773358 54249390 X TO UNDERWRITE THE COSTS OF EQUIPMENT, PROGRAMS, OR SERVICES PROVIDED BY SOUTH BROWARD HOSPITAL DISTRICT AND PROVIDE FUNDING FOR EDUCATIONAL, RECREATIONAL, AND THERAPEUTIC PROGRAMS FOR ITS PATIENTS AND FAMILIES. 0 0 7750000 7750000 PROVIDE FUNDING TO SOUTH BROWARD HOSPITAL DISTRICT TO PURCHASE MEDICAL EQUIPMENT AND MAKE RENOVATIONS. 2069530 2069530 PROVIDE FUNDING FOR EDUCATIONAL, THERAPEUTIC AND RECREATIONAL ACTIVITIES TO PATIENTS OF SOUTH BROWARD HOSPITAL DISTRICT. 217614 217614 PROVIDE FUNDING FOR INDIGENT PATIENTS. 150000 150000 PROVIDE FUNDING FOR HEALTHCARE SERVICES FOR MEDICAL RESEARCH. 150000 150000 10187144 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 57 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 40 40 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 FL X KELLEY E MORRIS 9542653454 3329 JOHNSON STREET HOLLYWOOD FL 33021 X BRETT ROSE CHAIRMAN 3.00 3.00 X X 0 0 0 ANDREW J GREENFIELD IMMEDIATE PAST CHAIRMAN 2.00 2.00 X X 0 0 0 BETH-ANN KRIMSKY 1ST VICE CHAIRMAN 2.00 2.00 X X 0 0 0 ALLAN BUDELMAN 2ND VICE CHAIRMAN 2.00 2.00 X X 0 0 0 ELDEN LEGAUX TREASURER 2.00 2.00 X X 0 0 0 SUSANNE CORNFELD HUROWITZ SECRETARY 2.00 2.00 X X 0 0 0 GREGORY GREENE AT LARGE MEMBER 2.00 2.00 X X 0 0 0 SEAN DEVINEY AT LARGE MEMBER 2.00 2.00 X X 0 0 0 CHRISTOPHER BARNETT DIRECTOR 1.00 1.00 X 0 0 0 NINA BEAUCHSNE DIRECTOR EMERITUS 1.00 1.00 X 0 0 0 STEVEN BECKER DIRECTOR 1.00 1.00 X 0 0 0 ADAM BLOMBERG DIRECTOR 1.00 1.00 X 0 0 0 AMY SHARE BRENNAN DIRECTOR 1.00 1.00 X 0 0 0 AMAURY CIFUENTES DIRECTOR 1.00 1.00 X 0 0 0 DOUGLAS J COLLIER DIRECTOR 1.00 1.00 X 0 0 0 LINDA COOKE DIRECTOR 1.00 1.00 X 0 0 0 MITCHELL EISENBERG DIRECTOR EMERITUS 1.00 1.00 X 0 0 0 JOSEPH EPSTEIN DIRECTOR 1.00 1.00 X 0 0 0 BENJAMIN J FREEDMAN DIRECTOR 1.00 1.00 X 0 0 0 TOBY GRAY DIRECTOR 1.00 1.00 X 0 0 0 VEDNER GUERRIER EX-OFFICIO 1.00 1.00 X 0 0 0 LOUIS HERNANDEZ JR DIRECTOR 1.00 1.00 X 0 0 0 ATIF HUSSEIN DIRECTOR 1.00 1.00 X 0 0 0 RANDY KATZ DIRECTOR 1.00 1.00 X 0 0 0 DARA K LEVAN DIRECTOR 1.00 1.00 X 0 0 0 CHRISTOPHER MCFARLANE DIRECTOR 1.00 1.00 X 0 0 0 LAURA RABIN MILLER EX-OFFICIO 1.00 1.00 X 0 0 0 MATTHEW MUHART EX-OFFICIO (UNTIL 6/1/24) 1.00 1.00 X 0 0 0 HOLLY NEVILLE DIRECTOR 1.00 1.00 X 0 0 0 JASON OLETSKY DIRECTOR 1.00 1.00 X 0 0 0 THOMAS R OLIVERI DIRECTOR 1.00 1.00 X 0 0 0 TIFFANY PANCIERA DIRECTOR 1.00 1.00 X 0 0 0 ALBERTO PEISACH DIRECTOR 1.00 1.00 X 0 0 0 KAREN PRANGE DIRECTOR 1.00 1.00 X 0 0 0 FRANK SCHOLL DIRECTOR 1.00 1.00 X 0 0 0 JAY A SHORR DIRECTOR 1.00 1.00 X 0 0 0 STUART SIEGEL DIRECTOR 1.00 1.00 X 0 0 0 CAITLIN STELLA EX-OFFICIO 1.00 1.00 X 0 0 0 SHANE STRUM EX-OFFICIO 1.00 1.00 X 0 0 0 MARCIA TABATCHNICK DIRECTOR 1.00 1.00 X 0 0 0 BENJAMIN A TOBIAS DIRECTOR 1.00 1.00 X 0 0 0 K SCOTT WESTER EX-OFFICIO (UNTIL 9/1/24) 1.00 1.00 X 0 0 0 KEVIN JANSER PRESIDENT (UNTIL 9/30/24) 20.00 20.00 X 0 0 0 KELLEY E MORRIS PRESIDENT 20.00 20.00 X 0 0 0 0 0 0 0 0 0 0 0 X 881721 148000 4924518 225547 5954239 1080961 1080961 31762625 31888572 -125947 -125947 -125947 72436 148000 73050 -614 -614 6908639 0 0 954400 X 9969530 9969530 217614 217614 5280 5280 95923 95923 329796 192154 137642 72924 29728 43196 4874 4874 RECOGNITION 4283 4283 EDUCATIONAL SUPPLIES 3908 3908 REPAIRS & MAINTENANCE 1711 1711 EQUIPMENT RENTAL 1246 1246 10707089 10187144 334824 185121 1307505 7674071 8420654 3744736 857465 16617863 201841 201114 66067 66067 0 0 27624040 28199998 38411505 56437782 318373 289318 1319774 1899074 1638147 2188392 X 13086752 15037801 23686606 39211589 36773358 54249390 38411505 56437782 X -3798450 1498093 19776389 X X 0 1 X 1 0 X 3118811 4675655 3802573 4804085 5954239 22355363 799395 792150 858703 962796 988455 4401499 3918206 5467805 4661276 5766881 6942694 26756862 3300101 23456761 267605 449656 596434 908980 1080961 3303636 0 18915 0 30505 0 49420 30109918 0.77900 0.70430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 808568 107930 12639 12639 916498 780110 28458 12469 12469 808568 778053 2057 17592 17592 780110 744904 33149 21460 21460 778053 521153 223751 6656 6656 744904 0.35680 0.64320 0.00000 0 0 66067 66067 0 0 ANNUITIES PAYABLE 5787 DUE TO RELATED PARTIES 1893287 1899074 X PART V, LINE 4: THE FOUNDATION'S DONOR RESTRICTED ENDOWMENT INCLUDES THREE INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE FOUNDATION'S ENDOWMENTS ALSO INCLUDE BOARD DESIGNATED ENDOWMENTS SEGREGATED FOR LONG-TERM INVESTMENTS, AND OTHER RESOURCES DESIGNATED BY THE BOARD FOR FUTURE PROGRAMS AND OPERATIONS. PART X, LINE 2: THE ORGANIZATION APPLIES THE PROVISIONS OF FASB ASC TOPIC 740-10, INCOME TAXES (ASC 740-10), IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740-10 PROVIDES GUIDANCE ON WHEN TAX POSITIONS ARE RECOGNIZED IN AN ENTITYS CONSOLIDATED FINANCIAL STATEMENTS AND HOW THE VALUES OF THESE POSITIONS ARE DETERMINED. THERE IS CURRENTLY NO IMPACT ON THE ORGANIZATIONS CONSOLIDATED FINANCIAL STATEMENTS AS A RESULT OF THE APPLICATION OF ASC 740-10. THE ORGANIZATIONS INCOME TAX RETURNS ARE SUBJECT TO POSSIBLE INTERNAL REVENUE EXAMINATIONS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. TOUCH OF PINK 220436 148000 72436 587 55618 4450 12395 220436 148000 72436 587 55618 4450 12395 73050 -614 1 SOUTH BROWARD HOSPITAL DISTRICT DBA MEMORIAL HEALTHCARE SYSTEM 3111 STIRLING ROAD FORT LAUDERDALE FL 33012 596014973 501(C)(3) 9969530 0 GENERAL SUPPORT 1 0 EMERGENCY ASSISTANCE - RENT, UTILITIES, CAR INSURANCE, AND OTHER BILLS PAID ON BEHALF OF PATIENTS OF MEMORIAL HEALTHCARE SYSTEM. 300 217614 PART I, LINE 2: 1. OVERVIEW: MEMORIAL FOUNDATION, INC. IS A LEGALLY SEPARATE TAX-EXEMPT COMPONENT UNIT OF SOUTH BROWARD HOSPITAL DISTRICT DBA MEMORIAL HEALTHCARE SYSTEM (THE SYSTEM). THE FOUNDATION WAS ESTABLISHED TO SUPPORT THE CHARITABLE MISSION OF MEMORIAL HEALTHCARE SYSTEM AND TO SUPPLEMENT THE RESOURCES THAT ARE AVAILABLE TO THE SYSTEM IN SUPPORT OF ITS PROGRAMS. 2. FOUNDATION AWARD APPLICATION AND APPROVAL PROCESS: FUNDING OPPORTUNITIES ARE IDENTIFIED BY THE HEALTHCARE SYSTEM AND PRESENTED TO THE FOUNDATION FOR REVIEW AND APPROVAL. IF A REQUEST IS LESS THAN $5,000, THEN A SIMPLE MEMORANDUM SENT TO THE PRESIDENT OF THE FOUNDATIONS DETAILING THE USE OF THE FUNDS IS REQUIRED. AT THAT TIME, A DECISION IS MADE AS TO WHAT IS APPROVED AND FROM WHICH FUNDS THE APPROVED DOLLARS WILL COME. IF THE REQUEST IS GREATER THAN $5,000, THEN A FORMAL ALLOCATION REQUEST FORM THAT GOES BEFORE THE FOUNDATION'S ALLOCATION COMMITTEE FOR APPROVAL MUST BE COMPLETED. EACH REQUEST MUST INCLUDE PROJECT DESCRIPTION, ESTIMATED COSTS AND FUNDING TIMELINE, ALONG WITH REQUIRED SUPERVISORY SIGNATURES. THE SUBMITTED GRANT APPLICATION REQUESTS ARE THEN PRESENTED TO THE FOUNDATION'S ALLOCATIONS COMMITTEE AT THEIR QUARTERLY MEETING. AT THAT TIME, SUGGESTIONS ARE MADE TO WHAT SHOULD BE APPROVED AND FROM WHICH FUNDS WILL THE APPROVED FUNDS COME. APPROVED RECOMMENDATIONS FROM THE ALLOCATIONS COMMITTEE ARE PRESENTED TO THE FOUNDATION'S BOARD OF DIRECTORS AT THEIR QUARTERLY MEETING FOR APPROVAL. 3. POST AWARD PROCESS: THE FOUNDATION NOTIFIES THE REQUESTOR, SENIOR AND/OR EXECUTIVE LEADERSHIP AND CONTROLLER VIA A MEMO THAT THE PROJECT HAS BEEN APPROVED. THE PROJECT ADMINISTRATOR IS RESPONSIBLE FOR EXECUTING THE PROJECT ACCORDING TO THE GUIDELINES. HE OR SHE EMPLOYS REQUIRED PERSONNEL, PROCURES GOODS AND SERVICES, IDENTIFIES PATIENTS AS APPLICABLE TO THE PROGRAM, AS WELL AS REPORTS ANY OUTCOMES REQUIRED BY THE AGREEMENT. PROJECT ADMINISTRATORS ARE GIVEN ONE YEAR FROM APPROVAL DATE TO EXECUTE THE PROJECT. IF NO ACTION HAS BEEN TAKEN, THE FUNDS ARE RELEASED FOR ALLOCATION TO ANOTHER PROJECT. X 5 4960 FMV X MISCELLANEOUS 34 114619 FMV X GIFT CERTIFICATES 73 105968 FMV 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF UNIQUE CONTRIBUTIONS, NOT THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION A, LINE 3 THE DAY-TO-DAY MANAGEMENT DUTIES OF THE FOUNDATION ARE DELEGATED TO SOUTH BROWARD HOSPITAL DISTRICT DBA MEMORIAL HEALTHCARE SYSTEM. KEVIN JANSER (PRESIDENT UNTIL 9/30/24) RECEIVED $271,081 AND KELLEY MORRIS (PRESIDENT) RECEIVED $78,412 IN REPORTABLE COMPENSATION FROM THE MANAGEMENT COMPANY FOR SERVICES PERFORMED FOR THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT AND THE PRESIDENT OF THE FOUNDATIONS REVIEW AND COMMENT ON FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD IS INFORMED OF POTENTIAL CONFLICTS OF INTEREST AT REGULAR BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH UNDER IRC SECTION 6104(D). FORM 990, PARTS VIII AND IX, DONATED SERVICES AND RENT: EMPLOYEES OF MEMORIAL HEALTH CARE SYSTEM (MHS) PERFORM MANAGEMENT AND OPERATING FUNCTIONS FOR MEMORIAL FOUNDATION (MF) AND MF OCCUPIES SPACE PROVIDED BY MHS. PURSUANT TO AN ADMINISTRATIVE SERVICE AGREEMENT, MHS DONATED THESE SERVICES AND SPACE BACK TO MF. FOR THE YEAR ENDED DECEMBER 31, 2024, THE AMOUNT DONATED BY MHS WAS $988,455. IN ACCORDANCE WITH IRS INSTRUCTIONS, THE GIFT-IN-KIND SERVICES AND FACILITIES ARE NOT REPORTED ON FORM 990 PARTS VIII AND IX. FORM 990, PART IX, LINE 11G MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 192,154. FUNDRAISING EXPENSES 137,642. TOTAL EXPENSES 329,796. FORM 990, PART XI, LINE 9: RETURN OF CAPITAL FROM FCHN 20,000,000. UNCOLLECTIBLE PLEDGES -223,611. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. FLORIDA COMMUNITY HEALTH NETWORK CORP 3109 STIRLING ROAD STE 201 FORT LAUDERDALE FL 33312 461405669 SUPPORT CHARITABLE ACTIVITIES OF MEMORIAL FOUNDATION, INC. FL 501(C)(3) LINE 12A, I MEMORIAL FOUNDATION INC 1 ATLANTIC COAST ASC HOLDING COMPANY INC 3109 STIRLING ROAD STE 201 FORT LAUDERDALE FL 33312 461875883 SUPPORT CHARITABLE ACTIVITIES OF FLORIDA COMMUNITY HEALTH NETWORK CORP FL 501(C)(3) LINE 12A, I FLORIDA COMMUNITY HEALTH NETWORK CORP 1 ATLANTIC COAST ASC GP1 INC 3109 STIRLING ROAD STE 201 FORT LAUDERDALE FL 33312 461876304 MAJORITY GENERAL PARTNER IN AMBULATORY SURGICAL CENTER FL 501(C)(3) LINE 12A, I ATLANTIC COAST ASC HOLDING COMPANY INC 1 JOE DIMAGGIO CHILDREN'S HOSPITAL FOUNDATION 3329 JOHNSON STREET HOLLYWOOD FL 33021 650492343 SUPPORT CHARITABLE ACTIVITIES OF JOE DIMAGGIO CHILDREN'S HOSPITAL FL 501(C)(3) LINE 7 MEMORIAL FOUNDATION INC 1 AMBULATORY SURGICAL FACILITY OF SOUTH FLORIDA LLP 501 N FLAMINGO ROAD PEMBROKE PINES FL 33028 592753716 OPERATING AND/OR MANAGING AMBULATORY SURGICAL FL N/A 0 0 COHEN MEDICAL ASSOCIATES LLC 1300 JOG RD STE 205 DELRAY BEACH FL 33446 043782956 PRIMARY CARE MEDICAL PRACTICE FL N/A 0 0 HALLANDALE OUTPATIENT SURGICAL CENTER LTD C/O LANCE J LEHMANN 306 E HALLANDAL HALLANDALE BEACH FL 33009 200244303 OPERATE AMBULATORY SURGERY CENTER FL N/A 0 0 CYPRESS CREEK OUTPATIENT SURGICAL CENTER HOLDING COMPANY LLC 3109 STIRLING ROAD STE 201 FORT LAUDERDALE FL 33312 352596854 HOLDING COMPANY FL N/A 0 0 AMSURG FCHN ASC VENTURES LLC 14 BURTON HILLS BLVD NASHVILLE TN 37215 815071853 HOLDING COMPANY FL N/A 0 0 MHS STAFFING RESOURCES LLC 1000 SAWGRASS CORP PKWY 100 SUNRISE FL 33323 834468496 TEMPORARY STAFFING SERVICES FL N/A 0 0 ATLANTIC COAST HOLDINGS INC 3109 STIRLING ROAD STE 201 FORT LAUDERDALE FL 33312 463231265 INVESTMENT IN HEALTH CARE VENTURES FL N/A C 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 FLORIDA COMMUNITY HEALTH NETWORK CORP S 20000000 FMV