2024-11-08T10:13:55-06:00 2023-12-31 990 2023-01-01 352230515 MIDWEST HEALTH FOUNDATION MIDW 6303127504 120 N OAK STREET HINSDALE IL 60521 MEGHAN MORENO VICE PRESIDENT 2242734113 2024-11-06 0 2023 2024-10-15 13:58:12Z MONICA REED MD 120 N OAK STREET HINSDALE IL 60521 1760791 0 X WWW.UCHICAGOMEDICINEADVENTHEALTH.ORG/FOUNDATIONS X 2004 IL SUPPORT OF THREE AFFILIATED TAX-EXEMPT HOSPITAL ORGANIZATIONS AND ONE RELATED TAX-EXEMPT FOUNDATION ORGANIZATION. 14 14 0 49 0 0 505165 462766 460886 968495 183748 242215 8471 -30033 1158270 1643443 662817 957671 0 0 0 0 0 0 0 286692 230227 949509 1187898 208761 455545 3145815 3062210 21536 19450 3124279 3042760 CONDUCT FUND-RAISING AND OTHER PHILANTHROPIC ACTIVITIES IN SUPPORT OF AND FOR THE BENEFIT OF THREE AFFILIATED TAX-EXEMPT HOSPITAL ORGANIZATIONS AND ONE RELATED TAX-EXEMPT FOUNDATION ORGANIZATION. 0 0 957671 957671 968495 MIDWEST HEALTH FOUNDATION CARRIES ON FUND-RAISING ACTIVITIES FOR THE BENEFIT OF THREE 501(C)(3) HOSPITAL ORGANIZATIONS, ADVENTIST BOLINGBROOK HOSPITAL, ADVENTIST GLENOAKS HOSPITAL AND ADVENTIST MIDWEST HEALTH, AND PROVIDES SUPPORT AND DIRECTION TO HINSDALE HOSPITAL FOUNDATION, ALSO A 501(C)(3) ORGANIZATION. 957671 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 4 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X KYLE GLASS 3869434455 5101 S WILLOW SPRINGS RD SUITE LA GRANGE IL 60525 X DOEPKE MIKE DIRECTOR/CHAIRMAN 3.00 0.00 X 0 0 0 THORDARSON THOR DIR/PRESIDENT (ENDED 11/2023) 5.00 0.00 X X 0 0 0 BUCHANAN HERBERT DIR/PRESIDENT (BEG PRES. 11/2023) 2.00 0.00 X X 0 0 0 EDL KEN DIR/SECRETARY (BEGAN (08/2023) 2.00 0.00 X 0 0 0 FIASCONE KAREN DIRECTOR 2.00 0.30 X 0 0 0 GUIDOTTI JOHN DIRECTOR 2.00 0.00 X 0 0 0 HOU LINDA DIRECTOR 2.00 0.00 X 0 0 0 MATHIS REBECCA DIRECTOR/TREASURER 3.00 0.00 X 0 0 0 MAYCOCK ADAM DIRECTOR 2.00 0.30 X 0 0 0 MORENO MEGHAN DIRECTOR/VP 25.00 25.00 X X 159560 159560 37886 MURPHY MARY DIRECTOR 2.00 0.00 X 0 0 0 NOSEWORTHY GORDON DIRECTOR (BEGAN 12/2023) 2.00 0.00 X 0 0 0 PHILLIPS MD RICHARD DIR/SECRETARY (ENDED 07/2023) 2.00 0.00 X 0 0 0 POLLITT JAY DIRECTOR/VICE CHAIR 2.00 0.00 X 0 0 0 RADIVOJEVIC VLADIMIR DIRECTOR 2.00 0.00 X 0 0 0 WARING RANDY DIRECTOR 3.00 0.00 X 0 0 0 159560 159560 37886 0 0 0 1 0 250002 212764 208177 462766 SATISFACTION OF PROGRA 900099 968495 968495 968495 242215 242215 87315 250002 117348 -30033 -30033 1643443 968495 0 212182 946447 946447 11224 11224 6400 6400 40500 40500 15000 15000 4608 4608 116192 116192 MISCELLANEOUS EXPENSE 34904 34904 PURCHASED SERVICES 11174 11174 DUES & SUBSCRIPTIONS 1449 1449 1187898 957671 230227 0 X 105101 255856 2645172 2518683 353636 196046 23475 14226 0 7000 7500 9455 10931 60944 3145815 3062210 21536 19450 21536 19450 X 27796 146024 3096483 2896736 3124279 3042760 3145815 3062210 X 455545 -537064 X 0 1 X 1 0 X 592986 1146871 867559 902167 775283 4284866 592986 1146871 867559 902167 775283 4284866 815214 3469652 119676 233856 109314 248498 361129 1072473 34152 19240 26400 77080 87315 244187 5601526 0.61940 0.63340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 85685 85685 85685 85685 85685 85685 85685 85685 85685 85685 0.00000 1.00000 0.00000 0 0 0 OTHER LIABILITIES 19450 19450 X 1770199 546472 548779 1095251 674948 968495 968495 1643443 1851718 546472 117348 663820 1187898 0 1187898 PART V, LINE 4: THE PERMANENT ENDOWMENT WAS TRANSFERRED FROM LA GRANGE MEMORIAL HOSPITAL FOUNDATION AS THE RESULT OF A LEGAL MERGER. THE FILING ORGANIZATION WAS THE SOLE MEMBER OF LA GRANGE MEMORIAL HOSPITAL FOUNDATION PRIOR TO THE MERGER. EFFECTIVE 6/21/19, LA GRANGE MEMORIAL HOSPITAL FOUNDATION WAS LEGALLY MERGED INTO THE FILING ORGANIZATION PURSUANT TO THE LAWS OF THE STATE OF ILLINOIS. THE PERMANENT ENDOWMENT REPRESENTS A SCHOLARSHIP FUND ESTABLISHED TO SUPPORT NURSING SCHOLARSHIPS. PART X, LINE 2: THE AUDITED FINANCIAL STATMENTS OF THE FILING ORGANIZATION CONTAIN THE FOLLOWING FIN 48 (ASC NO. 740) STATEMENT: MIDWEST AND HINSDALE HAVE BEEN DETERMINED TO BE EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR EITHER FEDERAL OR STATE INCOME TAXES. MIDWEST AND HINSDALE HAVE EVALUATED THE TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. CURRENTLY, THE RETURNS FOR THE PRIOR THREE FISCAL YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE; HOWEVER, MIDWEST AND HINSDALE ARE NOT CURRENTLY UNDER AUDIT NOR HAS MIDWEST OR HINSDALE BEEN CONTACTED BY THIS JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 117,348. RESTRICTED CONTRIBUTIONS 312,517. NET INVESTMENT INCOME WITH DONOR RESTRICTIONS 118,914. PART XI, LINE 4B - OTHER ADJUSTMENTS: TRANSFER OF NET ASSETS FROM RESTRICTED FUND BALANCE 968,495. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE RECLASSED TO REVENUE 117,348. GOLF EVENT MIDWEST 145246 111416 33830 0 7026 15163 0 0 22362 GOLF EVENT LAGRANGE 154071 107246 46825 0 9079 43368 422 0 11514 1 38000 31340 6660 0 0 0 6497 0 1917 337317 250002 87315 16105 58531 6919 35793 117348 -30033 1 ADVENTIST BOLINGBROOK HOSPITAL 500 REMINGTON BLVD BOLINGBROOK IL 60440 651219504 501(C)(3) 192382 0 GENERAL SUPPORT ADVENTIST GLENOAKS HOSPITAL 701 WINTHROP AVE GLENDALE HEIGHTS IL 60139 363208390 501(C)(3) 368145 0 GENERAL SUPPORT ADVENTIST MIDWEST HEALTH 5101 WILLOW SPRINGS RD LA GRANGE IL 60525 362276984 501(C)(3) 385920 0 GENERAL SUPPORT 3 0 FOOD, CLOTHING, & SHELTER 4 11224 PART I, LINE 2: GRANTS ARE GENERALLY MADE ONLY TO THE SUPPORTED HOSPITAL ORGANIZATIONS THAT ARE EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3) AND OTHER ORGANIZATIONS EXEMPT UNDER 501(C)(3). ACCORDINGLY, THE FILING ORGANIZATION HAS NOT ESTABLISHED SPECIFIC PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES AS THE FILING ORGANIZATION DOES NOT HAVE A GRANT MAKING PROGRAM THAT WOULD NECESSITATE SUCH PROCEDURES. 0 0 0 0 0 0 0 0 0 MORENO MEGHAN DIRECTOR/VP 140709 140709 12026 12026 6825 6825 8409 8409 10534 10534 178503 178503 0 0 FORM 990, PART VII, SECTION A, LINE 5: MEGHAN MORENO, V.P. FOUNDATION WAS COMPENSATED IN 2023 BY ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION (AHSSHC) FOR SERVICES RENDERED TO THE FILING ORGANIZATION. AHSSHC HOLDS AN INDIRECT 49% MEMBER INTEREST IN ADVENTIST MIDWEST HEALTH, DBA UCHICAGO MEDICINE ADVENTHEALTH HINSDALE AND UCHICAGO MEDICINE ADVENTHEALTH LA GRANGE. AHSSHC AND ADVENTIST MIDWEST HEALTH ARE 501(C)(3) ORGANIZATIONS. THE FILING ORGANIZATION SERVES AS THE PHILANTHROPIC FUND-RAISING ORGANIZATION FOR UCHICAGO MEDICINE ADVENTHEALTH LA GRANGE, UCHICAGO MEDICINE ADVENTHEALTH GLENOAKS, AND UCHICAGO MEDICINE ADVENTHEALTH BOLINGBROOK. COMPENSATION FOR SERVICES RENDERED TO THE FILING ORGANIZATION FOR MEGHAN MORENO IS DISCLOSED IN SCHEDULE J, PART II. X IN-KIND ADMINISTRATIVE EXPENSES 1 208177 COST 0 1 0 SCHEDULE M, PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPORTED IN COLUMN (B) OF SCHEDULE M, PART I, REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED BY THE FILING ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS OF THE FILING ORGANIZATION WERE AMENDED IN 2023 TO UPDATE THE COMPOSITION OF THE EX OFFICIO MEMBERS OF THE BOARD OF DIRECTORS. THE POSITIONS OF EXECUTIVE VICE PRESIDENT/REGIONAL CHIEF OPERATING OFFICER AND EXECUTIVE VICE PRESIDENT/REGIONAL CHIEF NURSE EXECUTIVE WERE DELETED AND REPLACED WITH THE POSITION OF CHIEF CLINICAL OFFICER FOR ADVENTIST MIDWEST HEALTH. THE PREVIOUS BYLAWS INCLUDED AN EX OFFICIO POSITION FOR CHIEF EXECUTIVE OFFICER (CEO), ADVENTIST GLENOAKS HOSPITAL AND ADVENTIST BOLINGBROOK HOSPITAL. THE AMENDED BYLAWS PROVIDE FOR TWO EX OFFICIO POSITIONS, ONE FOR THE CEO OF ADVENTIST GLENOAKS HOSPITAL AND ONE FOR THE CEO OF ADVENTIST BOLINGBROOK HOSPITAL. FORM 990, PART VI, SECTION B, LINE 11B THE FILING ORGANIZATION'S CURRENT YEAR FORM 990 WAS REVIEWED BY THE VICE PRESIDENT OF THE FILING ORGANIZATION PRIOR TO ITS FILING WITH THE IRS. THE REVIEW CONDUCTED BY THE VICE PRESIDENT OF THE FOUNDATION DID NOT INCLUDE THE REVIEW OF ANY SUPPORTING WORKPAPERS THAT WERE USED IN PREPARATION OF THE CURRENT YEAR FORM 990, BUT DID INCLUDE A REVIEW OF THE ENTIRE FORM 990 AND ALL SUPPORTING SCHEDULES. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY OF THE FILING ORGANIZATION APPLIES TO MEMBERS OF ITS BOARD OF DIRECTORS AND ITS PRINCIPAL OFFICERS (TO BE KNOWN AS INTERESTED PERSONS). IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, ANY MEMBER OF THE BOARD OF DIRECTORS OF THE FILING ORGANIZATION OR ANY PRINCIPAL OFFICER OF THE FILING ORGANIZATION (I.E. INTERESTED PERSONS) MUST DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST WITH THE FILING ORGANIZATION AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS CONCERNING THE FINANCIAL INTEREST/ARRANGEMENT TO THE BOARD OF DIRECTORS OF THE FILING ORGANIZATION OR TO ANY MEMBERS OF A COMMITTEE WITH BOARD DELEGATED POWERS THAT IS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. SUBSEQUENT TO ANY DISCLOSURE OF ANY FINANCIAL INTEREST/ARRANGEMENT AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE RELEVANT BOARD MEMBER OR PRINCIPAL OFFICER, THE REMAINING MEMBERS OF THE BOARD OF DIRECTORS OR COMMITTEE WITH BOARD DELEGATED POWERS SHALL DISCUSS, ANALYZE, AND VOTE UPON THE POTENTIAL FINANCIAL INTEREST/ARRANGEMENT TO DETERMINE IF A CONFLICT OF INTEREST EXISTS. ACCORDING TO THE FILING ORGANIZATION'S CONFLICT OF INTEREST POLICY, AN INTERESTED PERSON MAY MAKE A PRESENTATION TO THE BOARD OF DIRECTORS (OR COMMITTEE WITH BOARD DELEGATED POWERS), BUT AFTER SUCH PRESENTATION, SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN A CONFLICT OF INTEREST. EACH INTERESTED PERSON, AS DEFINED UNDER THE FILING ORGANIZATION'S CONFLICT OF INTEREST POLICY, SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE FILING ORGANIZATION IS A CHARITABLE ORGANIZATION THAT MUST PRIMARILY ENGAGE IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS EXEMPT PURPOSES. THE FILING ORGANIZATION'S CONFLICT OF INTEREST POLICY ALSO REQUIRES THAT PERIODIC REVIEWS SHALL BE CONDUCTED TO ENSURE THAT THE FILING ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 THE FILING ORGANIZATION DOES NOT GENERALLY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART X, LINE 2: THE AMOUNTS SHOWN ON LINE 2 OF PART X OF THIS RETURN INCLUDE THE FILING ORGANIZATION'S INTEREST IN A CENTRAL INVESTMENT POOL MAINTAINED BY ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION, THE TOP-TIER PARTIAL PARENT OF THE FILING ORGANIZATION'S SUPPORTED HOSPITALS. THE INVESTMENTS IN THE CENTRAL INVESTMENT POOL ARE RECORDED AT MARKET VALUE. FORM 990, PART XI, LINE 9: TEMPORARILY RESTRICTED CONTRIBUTIONS 312,517. TEMPORARILY RESTRICTED INVESTMENT INCOME 118,914. TRANSFER OF NET ASSETS RELEASED FROM RESTRICTIONS -968,495. HINSDALE HOSPITAL FOUNDATION 120 NORTH OAK STREET HINSDALE IL 60521 521466387 FUND-RAISING FOR TAX-EXEMPT HOSPITAL IL 501(C)(3) LINE 7 MIDWEST HLTH FOUNDATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0