2023-11-14T20:38:46+00:00 2022-12-31 346565596 ERNST & YOUNG US LLP 2323 VICTORY AVENUE DALLAS TX 75219 990 2022-01-01 856016041 Presbyterian Healthcare Foundation PRES 5059236101 PO BOX 26666 Albuquerque NM 871256666 JAMES NOBLE CFO, PHS 5059236101 2023-11-15 true JAMES NOBLE 999009999 true Patrick Shields P01508556 2149698000 2022 2023-04-26 12:10:37Z DALE MAXWELL PO BOX 26666 Albuquerque NM 871256666 28998947 false X WWW.PHS.ORG X 1968 NM RAISE AND STEWARD FUNDS NECESSARY TO IMPROVE HEALTH AND LIVES IN COMMUNITIES SERVED BY PRESBYTERIAN HEALTHCARE SERVICES, A 501(C)(3) ORGANIZATION, PROVIDING HEALTHCARE SERVICES TO COMMUNITIES IN NEW MEXICO. 35 31 0 211 0 0 7827555 5813553 0 0 8329717 1294972 20187 -91589 16177459 7016936 4123861 8373958 0 0 1950563 2084188 26000 29647 1226475 1119481 1441898 7219905 11929691 8957554 -4912755 137827322 121113337 729331 862171 137097991 120251166 X RAISE AND STEWARD FUNDS NECESSARY TO IMPROVE HEALTH AND LIVES IN COMMUNITIES SERVED BY PRESBYTERIAN HEALTHCARE SERVICES, A 501(C)(3) ORGANIZATION, PROVIDING HEALTHCARE SERVICES TO COMMUNITIES IN NEW MEXICO. false false 3715000 3715000 0 PROGRAM SERVICE ACTIVITY #1 The Foundation-funded Presbyterian Robert Wertheim Hospice House was completed in 2022 and had a limited, "soft" opening as hiring and operations ramped up. The $3.6 million facility was funded entirely with philanthropy. The 10-bed facility is projected to serve up to 300 patients a year when fully operational. It is the only full-service, residential hospice facility in central New Mexico and fills a long-standing need in the community for residential hospice care. 752915 752915 0 PROGRAM SERVICE ACTIVITY #2 Philanthropy is funding half the cost of a new, $3.0 million warm water therapy pool, the Presbyterian Rehabilitation Services Duane and Barbara Trythall Aquatic Therapy Natatorium. The Trythall Natatorium, an addition to the Presbyterian Healthplex, is one of few publicly available warm water pools in the community. Warm water therapy is an especially effective rehabilitation for improved mobility and treating a wide range of conditions. 431446 431446 0 PROGRAM SERVICE ACTIVITY #3 The Foundation has provided considerable funding in recent years to Presbyterian Community Health efforts to address social determinants of health (such as food, housing, transportation and other basic needs) that affect overall health/well-being. Funds totaling $431,446 were awarded in 2022 with significant support for Community Health priorities such as the Food Farmacy program, a referral-based food pantry program; virtual-based Community Health education courses, which provide fitness, healthy cooking and other instruction; and emergency patient assistance funds for transportation, housing and other needs affecting health and employment. The Laughter is the Best Medicine gala raised $477,000 for the Peer Support program, which helps patients with substance use disorder. 3706428 3348700 0 Presbyterian Healthcare Foundation was founded in 1968 as one of the first 100 hospital foundations in the country. More than 54 years later, we remain committed to our goal of improving health. Throughout our history, our fundraising has been focused on four major areas: nursing/staff education, patient basic needs, program support and capital needs (facility construction/renovation and equipment). Sometimes, charitable contributions provide critical seed funding to launch new programs and compete for external funding - as was the case in recent years with nationally recognized nursing residency and Presbyterian Community Health programs. Philanthropy can also help to launch and sustain programs that would otherwise be non-sustainable with limited or non-existent clinical revenue. Charitable support has never been more important, in light of the current economic climate for healthcare both locally and nationwide. The cost of Foundation operations has been self-funded for over 20 years, which allows 100% of donor gifts to be directed to programs with nothing redirected to administrative or fundraising expenses. In 2022, the Foundation raised more than $6.3 million and provided nearly $8.2 million in immediate funding to Presbyterian programs. Included in these amounts are cash, estate and in-kind contributions and special event income. As of December 2022, net assets were $120.2 million. Governance and Organization: The Foundation is governed by a 36-member Board of Directors. Members are nominated by the PHF Board Governance Committee and reflect a cross-section of business and community leaders. Nominations are approved by the PHF and PHS Board. The Chair of the Foundation Board is an ex- officio member of the Presbyterian Central New Mexico Community Board of Trustees. The Foundation Board meets at least four times per year and has additional meetings as necessary. Interim decision-making is accomplished via the Executive Committee, which consists of the Board Chair, Chair Elect, Past Chair, Treasurer, Secretary and PHF President. The Foundation President also oversees the Presbyterian Volunteer Services programs for PHS Albuquerque, Rio Rancho and Santa Fe facilities, including 600+ active volunteers. These volunteers serve in a number of areas and positions throughout Presbyterian Medical Group clinics and at Presbyterian Hospital, Presbyterian Rust Medical Center, Presbyterian Kaseman Hospital and Presbyterian Santa Fe Medical Center. 1. Fundraising for Specific Programs: The Foundation solicits gifts from individuals, corporations and foundations, and facilitates a number of fundraising campaigns and special events throughout the year designed to raise funds for both specific causes and general health system needs. These efforts include: * Major and Planned Gifts: The Foundation solicits transformative gifts through major and planned giving initiatives. Major gifts are defined as single or multi-year contributions of $10,000 or more and may be designated for capital and program needs. Funding can be immediately expendable or to create or supplement an endowed (permanent) fund. Planned gifts are most often given in the form of bequests (gift designation in a will or living trust), as well as retirement and life insurance beneficiary designations. In 2022, dollars received in major and planned gifts received totaled $2,654,651. Additional pledges in major and planned gifts were $1,488,395. Together, they accounted for 57 percent of total dollars raised by the Foundation. * Daffodil Days: This annual event is 40 years old. Each spring, with the help of hundreds of volunteers, fresh daffodils are prepared and sold throughout the community. Proceeds are directed to operations of the new Presbyterian Robert Wertheim Hospice House, which opened on a limited basis in 2022. In 2022, Daffodil Days had net proceeds of $185,000. * Laughter is the Best Medicine: Each year, this gala event raises funds to support a priority project of Presbyterian Healthcare Services. This event features a silent auction, gourmet dinner and live entertainment from a comedian. In 2022, proceeds were directed to Presbyterian Community Health's Peer Support Specialist program, which helps patients with substance use disorder and behavioral health issues. Net proceeds totaled $485,000. * Cornerstone Campaign: The Community Cornerstone Campaign is Presbyterian Healthcare Foundation's annual fund drive focusing on gifts of less than $10,000 from community (non-employee) donors. Cornerstone is the backbone of the Foundation's fundraising efforts focusing on new donor acquisition and retention. The Foundation's Guardian Angel program, which seeks gifts in honor of any provider or staff member, is a key part of the Cornerstone program, recognizing that gratitude for an exceptional care experience is a primary motivator for philanthropy. * PRESGiving Campaign: PRESGiving is the annual employee campaign, seeking payroll, cash and paid time off contributions. The campaign has two primary components: 1) recruitment of new employee donors through the "Brilliance in the Basicsientation; and 2) a six-week fall campaign conducted in partnership with United Way of North Central New Mexico. PRESGiving contributions to PHF typically exceed $1 million annually for programs and needs throughout Presbyterian. 2. Philanthropic Impact: Gifts to Presbyterian Healthcare Foundation support staffing and equipment needs, as well as patient assistance and amenities. The Foundation aims to align philanthropy with Presbyterian's top organizational priorities. The Foundation directed significant funding in 2022 to nursing and staff education. Philanthropy supported 103 scholarships for nurses or staff pursuing nursing careers. Dollars were applied toward tuition and related expenses. Additional funds were awarded to nurses and other clinical staff for educational opportunities providing advanced training, often to earn or maintain certifications to deliver specialized care. In light of the enormous demands of the pandemic on healthcare providers and staff, as well as high levels of burnout reported nationally, the Foundation prioritized the well-being of frontline caregivers. Philanthropy funded a three-part workshop for physicians and advanced practice clinicians, known as RESET; the Provider Well-Being and Burnout ECHO Clinic, which provides a confidential forum to share experiences and provide support to colleagues; and the RENEWAL program for nurses. In a year of reduced operational funding for minor capital needs throughout Presbyterian, philanthropy funded significantly more equipment needs than in recent history. A wide range of needs throughout our hospitals and clinics was supported. Growing the Neuroscience program remained a top fundraising priority. Funds were directed to Presbyterian Hospital for Neurosurgery equipment. Additionally, funds were awarded to launch a tele-neurology consultation service at Presbyterian Rust Medical Center and Presbyterian regional delivery system hospitals. Following completion of the new Presbyterian Robert Wertheim Hospice House - the first full-service, residential hospice facility in central New Mexico - the Foundation transferred funds totaling $3.2 million toward a $3.6 million commitment for construction of the 10-bed facility. Fundraising continues toward a $500,000 annual obligation toward operations of the facility, which is expected to serve as many as 300 patients annually. The Foundation returned significant funding to PHS for two major building projects: 1) a new, warm water therapy pool at the Presbyterian Healthplex, the Presbyterian Rehabilitation Services Duane and Barbara Trythall Aquatic Therapy Natatorium; and 2) a Presbyterian Breast Care facility at Presbyterian Rust Medical Center, which includes diagnostic, imaging and patient care services. 3706428 3348700 8605789 true true false false false false false false true true false false false true true true true false false false false false true true false false true false true false false false false false false false false true true false false false true true false false false true X 1 1 true 0 false false false false false true true false false false false false false X 35 31 false false false false false true true true true false false false true true true true true false false false NM X KEVIN NOWELL CPA 5059236101 9521 SAN MATEO BLVD NE ALBUQUERQUE NM 871132237 HELEN GREVEY DIRECTOR / SECRETARY 1.0 0.0 X X 0 0 0 JOHN ROCHESTER DIRECTOR, TREASURER 1.0 0.0 X X 0 0 0 RICHARD SCOTT PRESIDENT 40.0 0.0 X X 0 396194 51460 V SUE CLEVELAND ED D DIRECTOR, CHAIR 2.0 0.0 X X 0 0 0 AMIT GARG MD DIRECTOR 1.0 40.0 X 0 1318448 30776 ANDREA HANSON DIRECTOR 1.0 0.0 X 0 0 0 BART KINNEY III DIRECTOR 1.0 0.0 X 0 0 0 CHAD WORTHEN DIRECTOR 1.0 0.0 X 0 0 0 CHOUDARY GANGA MD DIRECTOR 1.0 0.0 X 0 0 0 DALE C MAXWELL EX-OFFICIO DIRECTOR 1.0 42.0 X 0 3154676 241916 DANIEL FRIEDMAN MD DIRECTOR 1.0 40.0 X 0 525544 -133373 J CARLOS GARCIA DIRECTOR 1.0 0.0 X 0 0 0 JAMES ZANIOS DIRECTOR 1.0 0.0 X 0 0 0 JERON T CAMPBELL ED LD DIRECTOR 1.0 0.0 X 0 0 0 KYLE ARMSTRONG DIRECTOR 1.0 0.0 X 0 0 0 LINDA WEIL DIRECTOR 1.0 0.0 X 0 0 0 LORETTA TAVELLI EX-OFFICIO DIRECTOR 1.0 0.0 X 0 0 0 MARK FIDEL DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL M SILVA JR DIRECTOR 1.0 0.0 X 0 0 0 MOLLY BACHECHI DIRECTOR 1.0 0.0 X 0 0 0 NATHAN ARMSTRONG DIRECTOR 1.0 0.0 X 0 0 0 NORMAN BECKER EX-OFFICIO DIRECTOR 1.0 3.0 X 0 9000 0 RICHARD REIF 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7126815 7827555 5813553 33970870 0 0 0 0 0 0 0 0 0 0 0 0 6754098 6448849 7126815 7827555 5813553 33970870 4013529 29957341 2454906 2496649 2929030 3249987 2416230 13546802 26969 87631 114600 0 0 0 0 0 0 47632272 0 0.6289 0.6251 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 110267638 735911 -10820601 0 1378222 3213930 95590796 97499965 2734101 14579748 0 1692213 2853963 110267638 89981902 784137 10406994 0 1040439 2632629 97499965 80188582 834403 13051962 0 1402523 2690522 89981902 85010180 2919478 -4481917 0 2578077 681082 80188582 0.56 0.29 0.15 false false 239358 239358 222230 213720 8510 80750 80750 328618 DUE FROM PHS 687147 ANNUITY OBLIGATIONS 52201 739348 X -4617021 -12224047 52955 0 816891 -11354201 6737180 279756 0 279756 7016936 12229804 52955 532413 585368 11644436 285255 0 285255 11929691 Schedule D, Part V, Line 4 Intended uses of endowment funds THE FOUNDATION'S ENDOWMENT FUNDS CONSIST OF APPROXIMATELY 72 INDIVIDUAL DONOR-RESTRICTED FUNDS, ESTABLISHED FOR A VARIETY OF PURPOSES AND DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. THE FOUNDATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR UP TO 6 PERCENT OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OVER THE PRIOR THREE YEARS THROUGH THE CALENDAR YEAR-END PRECEDING THE FISCAL YEAR IN WHICH THE DISTRIBUTION IS PLANNED. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE FOUNDATION FOLLOWS ASC 740, INCOME TAXES, WHICH PRESCRIBES CRITERIA FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASC 740 ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALITIES, ACCOUNTING IN INTERM PERIODS, DISCLOSURE, AND TRANSITION. AS OF DECEMBER 31, 2022 AND 2021, THE FOUNDATION DETERMINED THAT NO PROVISIONS IS REQUIRED FOR UNCERTAIN TAX POSITIONS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Fundraising, rental and other reclasses between revenue and expenses - 816891 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Fundraising, rental and other reclasses between revenue and expenses - 532413 X X X X X X true QCSS Inc 21925 Field Pkwy Suite 210 Deer Park IL 60010 Telemarketing Fundraising false 29646 -29646 0 29646 -29646 NM LAUGHTER 766096 665655 100441 156640 7985 30497 81239 DAFFODIL DAYS 215813 149493 66320 35709 2 0 981909 815148 166761 156640 7985 30497 116948 312070 -145309 true Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 28789 Cancer Patient Assistance Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 386045 Care Coordination Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 46152 Care Fund Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 431446 Community Health Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 113170 Nursing Scholarships Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 68613 Pediatric Chronic Care Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 656270 Other Healthcare Support Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 303835 APC Residency Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 69191 Emergency Patience Assist Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 30050 Pride Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 64717 Nursing Engagement Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 81662 COVID RESPONSE Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 16250 APC Event Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 498944 Physicians Engagement Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 271834 Neueroscience Equipment Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 752915 Pres Trythall Natatorium Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 3715000 Hospice House Presbyterian Healthcare Services-Socorro General Hospital 1202 Highway 60 West Socorro NM 87801 850105601 501c3 34758 SGH Hospital Presbyterian Healthcare Services-Dan C Trigg Hospital 301 E Miel De Luna Ave Tucumcari NM 88401 850105601 501c3 8091 DCT Hospital Presbyterian Healthcare Services-Espanola Hopsital 1010 Spruce St Espanola NM 87532 850105601 501c3 11027 EH Hospital Presbyterian Healthcare Services-Lincoln County Medical Center 211 Sudderth Dr Ruidoso NM 88345 850105601 501c3 37760 LCMC Hospital Presbyterian Healthcare Services-Santa Fe Medical Center 4981 Beckner Road Santa Fe NM 87507 850105601 501c3 152245 SFMC Presbyterian Healthcare Services-Rio Rancho Medical Center 2400 Unser Blvd SE Rio Rancho NM 87124 850105601 501c3 466652 RRMC Capital Campaign AND RMC HOSPITAL Presbyterian Healthcare Services-Plains Regional Medical Center 2100 N Martin Luther King Jr Blvd Clovis NM 88101 850105601 501c3 2645 PRMC Hospital Presbyterian Healthcare Services PO Box 26666 Albuquerque NM 87125 850105601 501c3 83097 Donor Valued Books, CLOTHING AND HOUSEHOLD GOODS, ART FOOD, GIFT BASKETS VARIOUS COMMUNITY PROGRAMS Presbyterian Healthcare Services-Santa Fe Medical Center 4981 Beckner Road Santa Fe NM 87507 850105601 501c3 27700 Donor Valued Art AND FOOD VARIOUS COMMUNITY PROGRAMS Presbyterian Healthcare Services-Socorro General Hospital 1202 Highway 60 West Socorro NM 87801 850105601 501c3 14557 Donor Valued Clothing and Household Goods, Construction materials, ART, GIFT BASKETS AND JEWELRY VARIOUS COMMUNITY PROGRAMS 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. ANNUALLY: PRESBYTERIAN HEALTHCARE FOUNDATION (PHF) ANNOUNCES THE TIMEFRAME DURING WHICH IT WILL RECEIVE REQUESTS FOR ALLOCATIONS FROM PRESBYTERIAN HEALTHCARE SERVICES (PHS) FOR THE COMING FISCAL YEAR. THIS ANNOUNCEMENT IS POSTED ON PHS' WEBSITE. GUIDELINES FOR SUBMISSION OF REQUESTS ARE GIVEN. THESE REQUESTS ARE THEN REVIEWED APPROVED BY A SENIOR LEADER GROUP FROM PRESBYTERIAN HEALTHCARE SERVICES TO ENSURE ALL DISBURSEMENTS ALIGN WITH SYSTEM PRIORITIES. RECIPIENTS ARE NOTIFIED AND FUNDING TAKES PLACE THE FOLLOWING FISCAL YEAR. FUNDING FOR PHS PROGRAMS OCCURS AS FOLLOWS: DURING THE ALLOCATION YEAR, RECIPIENTS MAY SUBMIT INVOICES FOR EXPENSES RELATED TO THE APPROVED PROGRAM TO BE CHARGED DIRECTLY TO PHF OR MAY REQUEST REIMBURSEMENT FOR EXPENSES CHARGED DIRECTLY TO THEIR DEPARTMENT. IN THE LATTER SITUATION, DOCUMENTATION IS REQUIRED TO SUBSTANTIATE THE EXPENSE INCURRED. THE FUNDS MUST USED ONE YEAR FROM THE DATE THAT THEY ARE AWARDED. UNUSED ALLOCATIONS DO NOT CARRY OVER TO THE NEXT YEAR (WITHOUT PRIOR APPROVAL) AND ARE FORFEITED. ALLOCATIONS FOR ONGOING PROGRAMS MUST BE APPLIED FOR EACH YEAR. false false false false false false false false false RICHARD SCOTT PRESIDENT 0 291196 0 97352 0 7646 0 18300 0 33160 0 447654 0 0 DALE C MAXWELL EX-OFFICIO DIRECTOR 0 1588974 0 1158124 0 407578 0 220658 0 21258 0 3396592 0 393646 AMIT GARG MD DIRECTOR 0 751634 0 550752 0 16062 0 15250 0 15526 0 1349224 0 0 DANIEL FRIEDMAN MD DIRECTOR 0 453161 0 68375 0 4008 0 -145582 0 12209 0 392171 0 0 Schedule J, Part I, Line 3 PRESBYTERIAN HEALTHCARE FOUNDATION (PHF) RELIES ON ITS PARENT, PRESBYTERIAN HEALTHCARE SERVICES (PHS), TO ESTABLISH THE COMPENSATION FOR THE PRESIDENT OF PHF. PHS EMPLOYS AN INDEPENDENT COMPENSATION CONSULTANT, A WRITTEN EMPLOYMENT CONTRACT, AND COMPENSATION STUDIES TO ENSURE THE COMPENSATION IS REASONABLE. FINALLY, THE PRESIDENT'S COMPENSATION IS APPROVED BY THE PHS CEO, BASED ON GUIDANCE RECEIVED FROM THE PHS BOARD'S INDEPENDENT EXECUTIVE COMPENSATION COMMITTEE. Schedule J, Part II DALE MAXWELL IS A PARTICIPANT IN A RETENTION AGREEMENT. IN 2022, $298,871 WAS DEFERRED UNDER THIS AGREEMENT FOR MR. MAXWELL BY A RELATED ORGANIZATION. THIS AMOUNT IS INCLUDED IN THE REPORTED DEFERRED COMPENSATION. ALSO, IN 2022, MR. MAXWELL RECEIVED A VESTED PAYMENT FROM THE RETENTION PLAN OF $393,646. THIS AMOUNT IS REPORTED IN CURRENT COMPENSATION, AS REQUIRED; AND IS ALSO INCLUDED IN COLUMN F OF SCHEDULE J. X 6 72250 Other - Valued by Donor X 5800 Other X 3372 Other X 6 6728 Other - Valued by Donor X Building Supplies 7 35847 Other - Valued by Donor X Gift Baskets 6 1205 Other - Valued by Donor X Jewlery 1 150 Other - Valued by Donor false true false Schedule M, Part I, Line 31 GIFT ACCEPTANCE POLICY PRESBYTERIAN HEALTHCARE FOUNDATION (PHF) WILL ACCEPT DONATIONS FOR UNRESTRICTED USE OR FOR ANY SPECIAL FUND THAT HAS BEEN ESTABLISHED, E.G. BUILDING, EQUIPMENT, RESEARCH, PATIENT CARE, SPECIFIC DEPARTMENTS OR HOSPITALS, ETC. PHF MAY ACCEPT A GIFT DESIGNATED FOR A SPECIFIC PURPOSE FOR WHICH NO SPECIAL FUND HAS BEEN ESTABLISHED IF IT IS WITHIN THE SCOPE OF PRESBYTERIAN HEALTHCARE SERVICES', RELATED ORGANIZATION'S, MISSION. Schedule M, Part I Explanations of reporting method for number of contributions Art - Works of art - Number of Contributions Other - Building Supplies Number of Contributions Clothing and household goods - Number of Contributions Food inventory - Number of Contributions Other - Gift Baskets Number of Contributions Other - Jewlery Number of Contributions Form 990, Part I, Line 6 TOTAL NUMBERS OF VOLUNTEERS PRESBYTERIAN HEALTHCARE FOUNDATION CONDUCTS SEVERAL FUNDRAISING EVENTS AND NEEDS THE SERVICE OF SEVERAL HUNDRED VOLUNTEERS. VOLUNTEERS ARE AN INTEGRAL PART OF THE SUCCESS OF THESE FUNDRAISING EVENTS. FOR EXAMPLE, DURING DAFFODIL DAYS, VOLUNTEERS ASSIST IN PREPARATION OF FLOWERS FOR SALE AS WELL AS IN PROCESSING AND DELIVERY OF ORDERS. THE WORK INVOLVED IN THIS EVENT SPANS SEVERAL DAYS FROM PREPARATION OF THE FLOWERS TO FINAL SALES AND DELIVERIES. SOME VOLUNTEERS MAY WORK A FEW HOURS, WHILE OTHERS MAY WORK EACH DAY OF THE EVENT. FOR THE LAUGHTER IS THE BEST MEDICINE EVENT, VOLUNTEERS ARE PRIMARILY UTILIZED ON THE DAY OF THE EVENT. VOLUNTEERS ASSIST WITH PREPARATION OF THE EVENT SITE, ORGANIZATION OF AUCTION ITEMS, GUEST REGISTRATION, AND VARIOUS OTHER TASKS Form 990, Part III, Line 4d Description of other program services (Expenses $ 3,706,428 including grants of $ 3,348,700)(Revenue $ 0) Presbyterian Healthcare Foundation was founded in 1968 as one of the first 100 hospital foundations in the country. More than 54 years later, we remain committed to our goal of improving health. Throughout our history, our fundraising has been focused on four major areas: nursing/staff education, patient basic needs, program support and capital needs (facility construction/renovation and equipment). Sometimes, charitable contributions provide critical seed funding to launch new programs and compete for external funding - as was the case in recent years with nationally recognized nursing residency and Presbyterian Community Health programs. Philanthropy can also help to launch and sustain programs that would otherwise be non-sustainable with limited or non-existent clinical revenue. Charitable support has never been more important, in light of the current economic climate for healthcare both locally and nationwide. The cost of Foundation operations has been self-funded for over 20 years, which allows 100% of donor gifts to be directed to programs with nothing redirected to administrative or fundraising expenses. In 2022, the Foundation raised more than $6.3 million and provided nearly $8.2 million in immediate funding to Presbyterian programs. Included in these amounts are cash, estate and in-kind contributions and special event income. As of December 2022, net assets were $120.2 million. Governance and Organization: The Foundation is governed by a 36-member Board of Directors. Members are nominated by the PHF Board Governance Committee and reflect a cross-section of business and community leaders. Nominations are approved by the PHF and PHS Board. The Chair of the Foundation Board is an ex- officio member of the Presbyterian Central New Mexico Community Board of Trustees. The Foundation Board meets at least four times per year and has additional meetings as necessary. Interim decision-making is accomplished via the Executive Committee, which consists of the Board Chair, Chair Elect, Past Chair, Treasurer, Secretary and PHF President. The Foundation President also oversees the Presbyterian Volunteer Services programs for PHS Albuquerque, Rio Rancho and Santa Fe facilities, including 600+ active volunteers. These volunteers serve in a number of areas and positions throughout Presbyterian Medical Group clinics and at Presbyterian Hospital, Presbyterian Rust Medical Center, Presbyterian Kaseman Hospital and Presbyterian Santa Fe Medical Center. 1. Fundraising for Specific Programs: The Foundation solicits gifts from individuals, corporations and foundations, and facilitates a number of fundraising campaigns and special events throughout the year designed to raise funds for both specific causes and general health system needs. These efforts include: * Major and Planned Gifts: The Foundation solicits transformative gifts through major and planned giving initiatives. Major gifts are defined as single or multi-year contributions of $10,000 or more and may be designated for capital and program needs. Funding can be immediately expendable or to create or supplement an endowed (permanent) fund. Planned gifts are most often given in the form of bequests (gift designation in a will or living trust), as well as retirement and life insurance beneficiary designations. In 2022, dollars received in major and planned gifts received totaled $2,654,651. Additional pledges in major and planned gifts were $1,488,395. Together, they accounted for 57 percent of total dollars raised by the Foundation. * Daffodil Days: This annual event is 40 years old. Each spring, with the help of hundreds of volunteers, fresh daffodils are prepared and sold throughout the community. Proceeds are directed to operations of the new Presbyterian Robert Wertheim Hospice House, which opened on a limited basis in 2022. In 2022, Daffodil Days had net proceeds of $185,000. * Laughter is the Best Medicine: Each year, this gala event raises funds to support a priority project of Presbyterian Healthcare Services. This event features a silent auction, gourmet dinner and live entertainment from a comedian. In 2022, proceeds were directed to Presbyterian Community Health's Peer Support Specialist program, which helps patients with substance use disorder and behavioral health issues. Net proceeds totaled $485,000. * Cornerstone Campaign: The Community Cornerstone Campaign is Presbyterian Healthcare Foundation's annual fund drive focusing on gifts of less than $10,000 from community (non-employee) donors. Cornerstone is the backbone of the Foundation's fundraising efforts focusing on new donor acquisition and retention. The Foundation's Guardian Angel program, which seeks gifts in honor of any provider or staff member, is a key part of the Cornerstone program, recognizing that gratitude for an exceptional care experience is a primary motivator for philanthropy. * PRESGiving Campaign: PRESGiving is the annual employee campaign, seeking payroll, cash and paid time off contributions. The campaign has two primary components: 1) recruitment of new employee donors through the "Brilliance in the Basicsientation; and 2) a six-week fall campaign conducted in partnership with United Way of North Central New Mexico. PRESGiving contributions to PHF typically exceed $1 million annually for programs and needs throughout Presbyterian. 2. Philanthropic Impact: Gifts to Presbyterian Healthcare Foundation support staffing and equipment needs, as well as patient assistance and amenities. The Foundation aims to align philanthropy with Presbyterian's top organizational priorities. The Foundation directed significant funding in 2022 to nursing and staff education. Philanthropy supported 103 scholarships for nurses or staff pursuing nursing careers. Dollars were applied toward tuition and related expenses. Additional funds were awarded to nurses and other clinical staff for educational opportunities providing advanced training, often to earn or maintain certifications to deliver specialized care. In light of the enormous demands of the pandemic on healthcare providers and staff, as well as high levels of burnout reported nationally, the Foundation prioritized the well-being of frontline caregivers. Philanthropy funded a three-part workshop for physicians and advanced practice clinicians, known as RESET; the Provider Well-Being and Burnout ECHO Clinic, which provides a confidential forum to share experiences and provide support to colleagues; and the RENEWAL program for nurses. In a year of reduced operational funding for minor capital needs throughout Presbyterian, philanthropy funded significantly more equipment needs than in recent history. A wide range of needs throughout our hospitals and clinics was supported. Growing the Neuroscience program remained a top fundraising priority. Funds were directed to Presbyterian Hospital for Neurosurgery equipment. Additionally, funds were awarded to launch a tele-neurology consultation service at Presbyterian Rust Medical Center and Presbyterian regional delivery system hospitals. Following completion of the new Presbyterian Robert Wertheim Hospice House - the first full-service, residential hospice facility in central New Mexico - the Foundation transferred funds totaling $3.2 million toward a $3.6 million commitment for construction of the 10-bed facility. Fundraising continues toward a $500,000 annual obligation toward operations of the facility, which is expected to serve as many as 300 patients annually. The Foundation returned significant funding to PHS for two major building projects: 1) a new, warm water therapy pool at the Presbyterian Healthplex, the Presbyterian Rehabilitation Services Duane and Barbara Trythall Aquatic Therapy Natatorium; and 2) a Presbyterian Breast Care facility at Presbyterian Rust Medical Center, which includes diagnostic, imaging and patient care services. Form 990, Part V, Line 2a NUMBER OF EMPLOYEES REPORTED ON FORM W-3 THIS ENTITY DOES NOT HAVE ANY DIRECT EMPLOYEES. ALL PAYROLL IS CENTRALIZED THROUGH A RELATED EXEMPT ORGANIZATION, PRESBYTERIAN HEALTHCARE SERVICES (PHS) EIN: 85-0105601. PHS ACTS AS A COMMON PAY AGENT FOR ALL OF ITS RELATED EXEMPT ORGANIZATIONS. THE EMPLOYEES ARE PAID UNDER PHS' EMPLOYER ID. PAYROLL TAXES AND BENEFIT PLANS ARE ALSO CENTRALIZED THROUGH PHS. SALARY EXPENSE REPORTED ON THIS RETURN REPRESENTS AN ALLOCATION OF SALARIES AND WAGES PAID BY PHS. FORM 941 REPORTING SALARIES AND WAGES IS FILED UNDER THE PRESBYTERIAN HEALTHCARE SERVICES EIN: 85-0105601. Form 990, Part V, Line 3a UNRELATED BUSINESS INCOME OF $1000 OR MORE FORM 990-T IS BEING FILED TO CARRY FORWARD PREVIOUSLY GENERATED NET OPERATING LOSSES TO THE CURRENT YEAR. Form 990, Part VI, Line 15a Form 990, Part VI, Line 15b PRESBYTERIAN HEALTHCARE FOUNDATION (PHF) HAS NO EMPLOYEES AND DOES NOT ESTABLISH OR PAY COMPENSATION. ALL EXECUTIVES' COMPENSATION IS REVIEWED BY AN INDEPENDENT EXTERNAL CONSULTING FIRM RETAINED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE PRESBYTERIAN HEALTHCARE SERVICES (PHS) BOARD. THE COMMITTEE'S REVIEW PROCESS AND RECOMMENDATIONS ARE PRESERVED IN THEIR MINUTES. THE EXECUTIVE COMPENSATION COMMITTEE CONSISTS OF INDEPENDENT BOARD MEMBERS OF THE PHS GOVERNING BOARD. PHS MANAGEMENT USES THE DATA FROM THE EXTERNAL CONSULTING FIRM AND RECOMMENDATIONS FROM THE INDEPENDENT COMPENSATION COMMITTEE TO ESTABLISH APPROPRIATE COMPENSATION FOR ALL EXECUTIVES. ALL OF THE DATA LEADING TO THESE COMPENSATION DECISIONS IS MAINTAINED BY THE PHS HUMAN RESOURCES DIRECTOR. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body PRESBYTERIAN HEALTHCARE FOUNDATION HAS NO MEMBERS OR SHAREHOLDERS. PHS APPOINTS PHF BOARD MEMBERS, AND PHS HAS TO APPROVE ANY CHANGES TO PHF BYLAWS OR ARTICLES. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders PRESBYTERIAN HEALTHCARE FOUNDATION HAS NO MEMBERS OR SHAREHOLDERS. PHS APPOINTS PHF BOARD MEMBERS, AND PHS HAS TO APPROVE ANY CHANGES TO PHF BYLAWS OR ARTICLES. Form 990, Part VI, Line 11b Review of form 990 by governing body PRESBYTERIAN HEALTHCARE FOUNDATION (PHF) UTILIZES A MULTI-LEVEL REVIEW PROCESS DURING PREPARATION AND SUBMISSION OF THE ANNUAL FORM 990. THE FIRST DRAFT OF FORM 990 IS PREPARED BY A NATIONAL ACCOUNTING FIRM, BASED ON INFORMATION PROVIDED BY THE PRESBYTERIAN HEALTHCARE SERVICES (PHS) TAX DIRECTOR. THIS INFORMATION IS GATHERED FROM NUMEROUS SOURCES ACROSS THE ORGANIZATION, INCLUDING FINANCE, GOVERNANCE, LEGAL, COMMUNICATIONS, ETC. THIS FIRST DRAFT IS REVIEWED ON A LINE-BY-LINE DETAIL LEVEL BY THE TAX DIRECTOR. IN ADDITION, ALL COMPENSATION-RELATED DATA IS REVIEWED IN DETAIL BY THE SENIOR VICE PRESIDENT OVER HUMAN RESOURCES FOR PHS. ALL FEEDBACK FROM THESE REVIEWS IS ACCUMULATED BY THE PHS TAX DIRECTOR AND CONVEYED TO THE ACCOUNTING FIRM FOR INCLUSION IN A SECOND DRAFT OF THE COMPLETE FORM 990. THIS SECOND DRAFT IS REVIEWED AGAIN BY THE PHS TAX DIRECTOR, PHS GENERAL COUNSEL, THE PHS CFO, AND THE FOUNDATION'S PRESIDENT TO ENSURE THAT ALL REQUESTED CHANGES WERE INCORPORATED AND THAT NO ADDITIONAL MODIFICATIONS ARE FOUND TO BE NECESSARY. THIS FINAL DRAFT OF THE PHF FORM 990 IS THEN REVIEWED ONE MORE TIME BY THE PHS TAX DIRECTOR TO ENSURE ALL INFORMATION IS ACCURATE AND COMPLETE TO THE BEST OF THE TAX DIRECTOR'S KNOWLEDGE. THE RETURN IS THEN SIGNED BY PHS' CFO AND FILED WITH THE INTERNAL REVENUE SERVICE. ALL COMPENSATION SCHEDULES INCLUDED WITHIN THIS RETURN HAVE BEEN REVIEWED AND APPROVED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE GOVERNING BOARD OF PHS. Form 990, Part VI, Line 12c Conflict of interest policy CONFLICT OF INTEREST STATEMENTS ARE UPDATED ANNUALLY. BOARD MEMBERS AND OFFICERS ARE REQUIRED TO REMOVE THEMSELVES FROM CONFLICTS OR EXCUSE THEMSELVES FROM VOTES OR OTHER ACTIONS THAT MAY LEAVE ANY APPEARANCE OF NON-INDEPENDENCE. THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE PHS GOVERNANCE COMMITTEE AND REVISED IF APPROPRIATE. CONFLICT OF INTEREST REQUIREMENTS ARE REVIEWED WITH THE BOARD, THE OFFICERS, AND EACH COMMITTEE ANNUALLY, AND THE CODE OF CONDUCT IS REVIEWED AS PART OF THE BOARD'S COMPLIANCE TRAINING. THE BOARD AND EACH COMMITTEE IS REQUIRED TO MONITOR AND ENFORCE THE POLICY. Form 990, Part VI, Line 19 Required documents available to the public COPIES OF THE MOST CURRENT THREE YEARS' FORMS 990 ARE MAINTAINED AT PRESBYTERIAN HEALTHCARE SERVICES (PHS) MANAGEMENT LOCATIONS. THESE RETURNS ARE AVAILABLE FOR REVIEW OR PHOTOCOPY BY ANY INDIVIDUAL WHO REQUESTS SUCH. IN ADDITION, FORMS 990 ARE ALSO PUBLISHED ON WWW.GUIDESTAR.ORG AND AVAILABLE FREELY TO THE PUBLIC IN THIS MANNER. COPIES OF FINANCIAL STATEMENTS ARE AVAILABLE ON THE MUNICIPAL BOND WEBSITE (WWW.EMMA.MSRB.ORG). THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE ON THE STATE ATTORNEY GENERAL'S WEBSITE. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS NOT AVAILABLE TO THE PUBLIC. Form 990, Part XI, Line 9 Other changes in net assets or fund balances OTHER CHANGES IN NET ASSETS - 289977; Form 990, Part XII, Line 2c Audit Selection Committee THE AUDITORS ARE SELECTED BY PRESBYTERIAN HEALTHCARE SERVICES (PHS). THE SELECTED AUDITORS MEET WITH THE PHF FINANCE AND EXECUTIVE COMMITTEES TO DISCUSS THE AUDIT PROCEDURES AND THE AUDIT REPORT. THE FINANCE COMMITTEE CHAIRMAN PRESENTS THE PRESBYTERIAN HEALTHCARE FOUNDATION (PHF) AUDIT REPORT AT THE NEXT PHF BOARD MEETING FOR APPROVAL. THE PHS COMPLIANCE AND AUDIT COMMITTEE APPROVES AND ACCEPTS THE AUDIT REPORT. PRESBYTERIAN HEALTHCARE SERVICES PO BOX 26666 ALBUQUERQUE NM 87125 850105601 HEALTHCARE NM 501(c)(3) 3 NA false PRESBYTERIAN PROPERTIES PO BOX 26666 ALBUQUERQUE NM 87125 850414352 HOLDING CO. NM 501(c)(2) PHS true BERNALILLO COUNTY HEALTHCARE COPR PO BOX 26666 ALBUQUERQUE NM 87125 237329437 AMBULANCE SVC NM 501(c)(3) 10 PHS true SOUTHWEST HEALTH FOUNDATION PO BOX 26666 ALBUQUERQUE NM 87125 850289728 PHS SUPPORT NM 501(c)(3) Type I PHS true CHARITABLE REMAINDER UNITRUST HOSPITAL SUPPORT NM NA Trust false true true false false false false false false false false false true true true true false true false