2024-09-11T12:49:36-05:00 2023-12-31 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2023-01-01 371732501 THE FOUNDATION OF THE PENNSYLVANIA MEDICAL SOCIETY FOUN 7175587810 400 WINDING CREEK BLVD MECHANICSBURG PA 170501885 HEATHER A WILSON MSW CFRE CAE BOARD SECRETARY 7175587810 2024-09-06 1 0 CHRISTOPHER M PEKULA P00734965 2154414600 2023 2024-08-08 14:25:15Z HEATHER A WILSON MSW C 400 WINDING CREEK BLVD MECHANICSBURG PA 170501885 2806233 0 X WWW.FOUNDATIONPAMEDSOC.ORG X 2013 PA SEE SCHEDULE O 13 13 24 30 297324 0 1816270 1479523 1243912 1138188 121956 188522 0 0 3182138 2806233 92000 106200 0 0 1668220 1848275 0 0 273122 715323 831243 2475543 2785718 706595 20515 11486987 12402940 892576 1240933 10594411 11162007 X THE FOUNDATION OF THE PENNSYLVANIA MEDICAL SOCIETY PROVIDES PROGRAMS AND SERVICES FOR INDIVIDUAL PHYSICIANS AND OTHERS THAT IMPROVE THE WELL-BEING OF PENNSYLVANIANS AND SUSTAINS THE FUTURE OF MEDICINE. 0 0 930479 0 475178 PHYSICIANS' HEALTH PROGRAM (PHP) PROVIDES MONITORING SERVICES TO PENNSYLVANIA PHYSICIANS, PHYSICIAN ASSISTANTS, DENTISTS, PHARMACISTS, AND OTHER ELIGIBLE LICENSED PROFESSIONALS AND TRAINEES WHO ARE EXPERIENCING ISSUES RELATED TO SUBSTANCE USE DISORDERS, MENTAL HEALTH OR OTHER BEHAVIORAL CONCERNS. PHP MONITORING ALLOWS FOR THE COLLECTION OF DOCUMENTATION TO MAKE SURE THAT PARTICIPANTS ARE HEALTHY AND CAN SAFELY PRACTICE THEIR CHOSEN PROFESSIONS. IN 2023, THE PHP RECEIVED 228 REFERRALS, AND MONITORED OVER 326 ACTIVE CASES. 763946 0 397124 LIFEGUARD, A NATIONALLY RECOGNIZED PROGRAM, IS A VANGUARD FOR ADDRESSING CLINICAL COMPETENCY ASSESSMENT NEEDS FOR PHYSICIANS AND OTHER HEALTHCARE PROFESSIONALS. CONCEPTUALIZED BY DOCTORS FOR DOCTORS, LIFEGUARD PROVIDES COMPREHENSIVE ASSESSMENT SERVICES AND RECOMMENDATIONS FOR REMEDIATION TAILORED TO INDIVIDUAL NEEDS. THROUGH INDIVIDUALLY CUSTOMIZED PROGRAMS, LIFEGUARD PROVIDES AN UNBIASED ASSESSMENT OF PHYSICIAN CLINICAL PERFORMANCE WITH THE GOAL OF ENHANCING PATIENT SAFETY AND QUALITY OF CARE. SINCE INCEPTION, LIFEGUARD HAS SERVED PHYSICIANS IN 31 STATES AND THE DISTRICT OF COLUMBIA. IN 2023, 52 PHYSICIANS COMPLETED THEIR RESPECTIVE LIFEGUARD PATHWAY. 199915 0 194153 STUDENT FINANCIAL SERVICES EASES THE STRESS OF FUNDING A MEDICAL EDUCATION BY OFFERING SCHOLARSHIPS AND AFFORDABLE LOANS WITH PERSONALIZED CUSTOMER SERVICE TO PENNSYLVANIA RESIDENTS ATTENDING MEDICAL SCHOOL. THE STUDENT FINANCIAL SERVICES PROGRAM HELPS MEDICAL STUDENTS FULFILL THEIR DREAMS OF BECOMING PHYSICIANS. IN 2023, 58 LOANS TOTALING $730,450 AND 28 SCHOLARSHIPS TOTALING $106,200 WERE AWARDED. SINCE 1948, OVER $24.5 MILLION IN LOANS AND SCHOLARSHIPS HAVE BEEN AWARDED TO 4,845 STUDENTS. 374608 106200 71733 NUMBER OF OTHER PROGRAM SERVICE ACTIVITIES CONDUCTED DURING THE YEAR INCLUDING SCHOLARSHIP FUNDS, NHP STARTUP AND OTHER SERVICES. 374608 106200 71733 2268948 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 30 0 1 24 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X HEATHER A WILSON 7175587810 400 WINDING CREEK BLVD MECHANICSBURG PA 170501885 DANIEL B KIMBALL JR MD MACP TRUSTEE 0.50 0.50 X 0 0 0 DONNA BAVER ROVITO TRUSTEE 0.50 0.50 X 0 0 0 GWENDOLYN A POLES DO FACP TRUSTEE 0.50 1.00 X 0 0 0 HEATH MACKLEY MD TRUSTEE 0.50 0.50 X 0 0 0 HEATHER A WILSON MSWCFRECAEFCPP SECRETARY & EXECUTIVE DIRE 12.00 28.00 X X 66908 148273 57749 LAWRENCE R JOHN MD TRUSTEE 0.50 0.50 X 0 0 0 KENNETH M CERTA MD TRUSTEE 0.50 0.50 X 0 0 0 LYNDA THOMAS-MABINE MD FACOG TRUSTEE 0.50 0.50 X 0 0 0 MARIA POLUCH TRUSTEE - MEDICAL STUDENT 0.50 0.50 X 0 0 0 MARTIN P RANIOWSKI MA CAE FCPP TRUSTEE 0.50 39.50 X 0 341376 69036 PAUL F DENDE DO FACP VICE CHAIR 0.50 1.00 X X 0 0 0 VIRGINIA E HALL MD FACOG FACP CHAIR 0.50 0.50 X X 0 0 0 WILLIAM J WEST JR MD TREASURER 0.50 0.50 X X 0 0 0 WILLIAM R DEWAR III MD FACP TRUSTEE 0.50 0.50 X 0 0 0 STACIE KERBEL TRUSTEE - STUDENT ELECT 0.50 0.50 X 0 0 0 ANNETTE M WEAVER SENIOR DIRECTOR OF FINANCE 40.00 X 121981 0 32516 EDWIN KIM MD PHP MEDICAL DIRECTOR 40.00 X 133826 0 0 RAYMOND TRUEX MD PHP MEDICAL DIRECTOR 40.00 X 113960 0 0 TRACEY ZIEGLER LIFEGUARD DIRECTOR 40.00 X 100869 0 34218 537544 489649 193519 4 0 1 0 0 1479523 1479523 SPECIAL PROJECT INCOME 900099 944139 646815 297324 STUDENT LOAN INCOME 900099 194049 194049 1138188 181395 181395 7127 0 7127 7127 7127 2806233 1029386 297324 0 X 106200 106200 84483 84483 1657307 1343773 107429 206105 106485 81433 15973 9079 24606 24606 34497 34497 442214 391913 30064 20237 33901 9752 676 23473 75543 65340 5117 5086 33537 29589 2510 1438 8568 8302 218 48 19632 10572 9060 79771 64560 11579 3632 COMMUNICATIONS/PUBLICAT 34135 31323 930 1882 BAD DEBT 22596 22596 0 0 DUES/LICENSES/SUBSCRIPT 22243 19112 989 2142 2785718 2268948 243648 273122 1551661 1060062 0 3735 221614 147347 4042876 4335414 21927 24809 237233 188859 41665 48374 4406634 5343001 1200610 1440198 11486987 12402940 809126 1158536 83450 82397 892576 1240933 X 7857607 8037289 2736804 3124718 10594411 11162007 11486987 12402940 X 20515 531191 15890 X X 0 1 X 1 0 X 1327174 5374530 1668274 1816270 1479523 11665771 1378096 1210843 1297891 1243912 1138188 6268930 2705270 6585373 2966165 3060182 2617711 17934701 0 0 0 17934701 94567 92926 93854 115682 181395 578424 94567 92926 93854 115682 181395 578424 8285 5332 1798 15415 2808122 6683631 3061817 3175864 2799106 18528540 0.96800 0.97340 0.03120 0.02580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5361405 500 812061 179522 5994444 6292652 5197 -919187 17257 5361405 5841268 618111 166727 6292652 5490832 512747 162311 5841268 4800162 5 850522 159857 5490832 0.72000 0.27000 0.01000 1 1 1 237233 188859 48374 48374 BENEFICIAL INTEREST IN PERPETUAL TRUST 772156 CONTRIBUTIONS RECEIVABLE FROM SPLIT INTEREST AGREEMENT 140476 ACCRUED INTEREST RECEIVABLE 239754 PENSION ASSET 287812 1440198 X 3394450 531191 53488 3538 588217 2806233 0 2806233 2839206 53488 53488 2785718 0 2785718 PART V, LINE 4: PHP ENDOWMENT - FOR THE BENEFIT OF THE PHYSICIANS HEALTH PROGRAM WHICH ASSIST PHYSICIANS, PHYSICIAN ASSISTANTS AND DENTAL PROFESSIONALS WITH CONFIDENTIAL, RELIABLE MONITORING SERVICES FOR INDIVIDUALS WHO MAY BE EXPERIENCING IMPAIRMENT RELATED TO ADDICTION, PHYSICAL OR MENTAL CHALLENGES, OR WORK-RELATED STRESS. THE PHP ENDOWMENT IS NOW UNDER THE PA MEDICAL SOCIETY CHARITABLE TRUST (RELATED PARTY). CONNELL MILLER - QUARTER BENEFICIAL INTEREST IN A SPLIT INTEREST PERPETUAL TRUST. THIS IS A PERMANENTLY RESTRICTED ASSET ON OUR BALANCE SHEET. THE INTEREST ON THE FUND BENEFITS THE STUDENT FINANCIAL SERVICES PROGRAM. PART X, LINE 2: THE FOUNDATION, THE FUND, AND THE TRUST HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS TAX-EXEMPT ORGANIZATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND ARE EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(1) OF THE IRC. NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. FOR THE YEAR ENDED DECEMBER 31, 2023, THE PAMED FOUNDATION DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN, WHICH WOULD REQUIRE ADJUSTMENT TO OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS. THE FOUNDATION, THE FUND, AND THE TRUST ARE POTENTIALLY SUBJECT TO FEDERAL, STATE, AND LOCAL EXAMINATIONS FOR YEARS SUBSEQUENT TO DECEMBER 31, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 3,538. 1 ACMS MEDICAL STUDENT SCHOLARSHIP 1 4000 ALLIANCE MEDICAL EDUCATION SCHOLARSHIP 7 18500 BLAIR COUNTY MEDICA SOCIETY SCHOLARSHIO 1 2500 DR. SATISH & RUPAL SHAH FAMILY SCHOLARSHIP 1 3500 ENDOWMENT FOR S. ASIAN STUDENTS OF INDIAN DESCENT 1 5000 LEHIGH COUNTY MEDICAL AUXILIARY SCHOLARSHIP AND EDUCATION (LECOMASE) FUND 2 6000 LINA & JITENDRA SHAH SCHOLARSHIP 3 15000 LYCOMING COUNTY MEDICAL SOCIETY 1 2000 MONTGOMERY COUNTY MEDICAL SOCIETY SCHOLARSHIP 2 5000 MYRTLE SIEGFRIED, MD AND MICHAEL VIGILANTE, MD 1 2000 SCOTT A. GUNDER, MD, DCMS PRESIDENTIAL 1 1500 SYNDER, UNION, & NORTHUMBERLAND COUNTIES MEDICAL STUDENT (SUN) 3 30000 THE FOUNDATION EDUCATION AWARD 1 6400 TRUEX FAMILY SCHOLARSHIP 1 4000 HEATHER V. JOHN, MD, PHD - GREENSPAND AWARD 1 400 ATASHA JORDAN, MD, MBA - GREENSPAN AWARD 1 400 PART I, LINE 2: SCHOLARSHIP RECIPIENTS ARE SELECTED BASED ON MERIT AS DEMONSTRATED IN THE SCHOLARSHIP APPLICATION MATERIALS THAT ARE SUBMITTED FOR SCORING TO THE SCHOLARSHIP REVIEW COMMITTEES. FOUNDATION STAFF AND SCHOLARSHIP COMMITTEES MAINTAIN AWARD GUIDELINES ESTABLISHED IN THE SCHOLARSHIP FUND DEED OF GIFT. SCHOLARSHIP AWARD CHECKS ARE PAID DIRECTLY TO THE RECIPIENT'S MEDICAL SCHOOL. IF THE STUDENT IS NO LONGER ENROLLED OR ON A LEAVE OF ABSENCE, THE MEDICAL SCHOOL MUST RETURN THE FUNDS TO THE FOUNDATION. THE SCHOLARSHIP AWARDS ARE OVERSEEN BY THE FOUNDATION EXECUTIVE DIRECTOR AND THE FOUNDATION BOARD. X X 0 0 0 0 0 0 0 0 0 MARTIN P RANIOWSKI MA CAE FCPP TRUSTEE 0 341376 0 0 0 0 0 30540 0 38496 0 410412 0 0 HEATHER A WILSON MSWCFRECAEFCPP SECRETARY & EXECUTIVE DIRE 66908 148273 0 0 0 0 6691 15612 10884 24562 84483 188447 0 0 ANNETTE M WEAVER SENIOR DIRECTOR OF FINANCE 121981 0 0 0 0 0 12876 0 19640 0 154497 0 0 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE FOUNDATION OF THE PENNSYLVANIA MEDICAL SOCIETY PROVIDES PROGRAMS AND SERVICES FOR INDIVIDUAL PHYSICIANS AND OTHERS THAT IMPROVE THE WELL-BEING OF PENNSYLVANIANS AND SUSTAIN THE FUTURE OF MEDICINE. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED 990 IS SUBMITTED TO THE ENTIRE BOARD FOR REVIEW PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C STAFF AND TRUSTEES ARE REQUIRED TO REVIEW AND APPROVE THE CONFLICT OF INTEREST POLICY ANNUALLY WHILE UPDATING IT FOR ANY KNOWN CHANGES AND ADDITIONAL POTENTIAL CONFLICTS OF INTEREST AS NECESSARY. ADDITIONALLY, IF ANY POTENTIAL CONFLICTS OF INTEREST ARISE DURING THE YEAR, STAFF AND TRUSTEES ARE REQUIRED TO NOTIFY THE BOARD OF TRUSTEES AND LEGAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 15 PERIODIC RESEARCH AND COMPARISON OF COMPENSATION FOR THE EXECUTIVE DIRECTOR AND OTHER STAFF POSITIONS IS CONDUCTED OF SIMILAR NOT-FOR-PROFIT ORGANIZATIONS. THE BOARD OF TRUSTEES APPROVES THE LEVEL OF COMPENSATION FOR THE EXECUTIVE DIRECTOR AND REVIEWS OTHER STAFFING COMPENSATION ANNUALLY. SUCH RESEARCH, REVIEW AND APPROVAL IS DOCUMENTED AND RETAINED. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G OUTSIDE PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 391,913. MANAGEMENT AND GENERAL EXPENSES 30,064. FUNDRAISING EXPENSES 20,237. TOTAL EXPENSES 442,214. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT 3,538. PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COSTS 12,352. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MEDICAL LEGACY FUND 400 WINDING CREEK BLVD MECHANICSBURG PA 170501885 251672047 SERVES AS A VEHICLE FOR ACCEPTING DEFERRED DONATIONS. PA 501(C)(3) LINE 12A, I N/A 0 PENNSYLVANIA MEDICAL ACTION COMMITTEE 400 WINDING CREEK BLVD MECHANICSBURG PA 170501885 331113251 SOLICITS MONEY IN ORDER TO MAKE CONTRIBUTIONS TO POLITICAL CANDIDATES PA 527 N/A 0 PENNSYLVANIA MEDICAL SOCIETY 400 WINDING CREEK BLVD MECHANICSBURG PA 170501885 231570227 PROFESSIONAL MEMBERSHIP ORGANIZATION OF DOCTORS PA 501(C)(6) N/A 0 PENNSYLVANIA MEDICAL SOCIETY CHARITABLE TRUST 400 WINDING CREEK BLVD MECHANICSBURG PA 170501885 231511600 HOLDS THE PHP ENDOWMENT FUND AND ANY FUTURE ENDOWED GIFTS PA 501(C)(3) LINE 12A, I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0