2024-11-15T10:46:25-06:00 2023-12-31 910189318 Moss Adams LLP 3121 W March Ln Ste 200 Stockton CA 952192367 990 2023-01-01 237366330 Fremont-Rideout Foundation FREM 5307514070 414 G Street 130 Marysville CA 95901 Patience Boudreaux President/Philanthropy Exec 5307514070 2024-11-14 1 1 Tracy S Paglia P00366884 2099556100 2024-11-14 2023 2024-10-15 13:58:12Z John Weiler 414 G Street 130 Marysville CA 95901 792937 0 X https://rideout.give.adventisthealth.org/ X 1973 CA Promotes the philanthropic contributions that advance the mission of Adventist Health and Rideout. 14 14 0 79 0 0 1174075 600158 0 0 183835 152504 -29585 -59133 1328325 693529 532662 973927 0 0 429903 351129 0 15200 15200 90017 91518 1052582 1431774 275743 -738245 6545150 6098092 0 0 6545150 6098092 The primary purposes of the Fremont-Rideout Foundation are to support, benefit, and further the charitable, scientific, and educational purposes of Adventist Health and Rideout and its affiliates. 0 0 983755 973927 0 The Foundation's function is to raise funds through fundraising activities and provide funds for health care programs, new equipment, renovations, and scholarships that make an immediate and lasting difference in the quality of health care delivered. 983755 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X John Beaman CFO 9164060000 1 Adventist Health Way Roseville CA 95661 Weiler John Chair 1.00 X X 0 0 0 Johl Sarbit Vice Chair 1.00 X X 0 0 0 Ten Haken Joyce Treasurer 1.00 X X 0 0 0 Kang Jasbir Secretary 1.00 X X 0 0 0 Dhadli Hardeep Director 1.00 X 0 0 0 Drefke Julia Director as of 03/23 1.00 X 0 0 0 Hudson Alan Director 1.00 X 0 0 0 Langsdorf Mary Director 1.00 X 0 0 0 Marsan Russ Director 1.00 X 0 0 0 Pena Heather Director as of 01/23 1.00 X 0 0 0 Sanchez Catalina Director 1.00 X 0 0 0 Serna Adrian Director 1.00 X 0 0 0 Tarke David Director 1.00 X 0 0 0 Wright John Director 1.00 X 0 0 0 Swanson Jeffery Executive Director thru 11/23 40.00 X 272972 0 60274 Champlin Christopher President 2.00 X 0 0 0 Thordarson Heidar Finance Executive 2.00 X 0 0 0 272972 0 60274 1 0 1 1 0 194514 5250 400394 600158 152504 152504 40275 194514 99408 -59133 -59133 693529 0 0 93371 973927 973927 333247 333247 10215 10215 7667 7667 25410 25410 12790 12790 15200 15200 12439 9828 2611 270 270 29789 29789 442 442 4497 4497 Business Meals & Entert 5681 5681 Taxes & Licenses 200 200 1431774 983755 432819 15200 1729924 961125 202575 281926 4556319 4853208 56332 1833 6545150 6098092 0 0 X 4632733 4322612 1912417 1775480 6545150 6098092 6545150 6098092 -738245 291187 0 X 0 1 X 0 0 X 575919 300206 343680 1174075 600158 2994038 575919 300206 343680 1174075 600158 2994038 279471 2714567 91074 132088 208723 183835 152504 768224 178046 538945 452330 1169321 4931583 319021 0.55040 0.50660 X Schedule A, Part II, Line 10, Explanation of Other Income: Expense reimbursement RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 97951 5497 92454 97751 200 97951 102251 -4500 97751 98751 5000 1500 102251 98751 98751 0.70490 0.01510 0.28000 0 0 0 X 1084124 291187 99408 390595 693529 0 693529 1531182 99408 99408 1431774 0 1431774 Part V, Line 4: Endowment funds are used to fund scholarships. Part X, Line 2: The Foundation is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code. The Foundation has been classified as an organization that is not a private foundation under Section 509(a)(1). The Foundation has not entered into any activities that would jeopardize its tax-exempt status. Accordingly, no provision for income taxes is required. The Foundation files exempt organization returns in the U.S. federal and California jurisdictions. The Foundation adopted FASB ASC 740, Income Taxes, which accounts for uncertainty in income taxes recognized in the Foundation's financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken, or expected to be taken, in a tax return. FASB ASC 740 also provides guidance on recognition and measurement of a tax position taken, or expected to be taken, in a tax return. Part XI, Line 2d - Other Adjustments: Fundraising events expenses 99,408. Part XII, Line 2d - Other Adjustments: Fundraising events expenses 99,408. X X X X X X X 1 Accordant Philanthropy LLC 105 Teal Nest Court Ponte Vedra Beach FL 320821944 Campaign assessment 0 0 15200 0 15200 CA Fairway to Health Golf Event 144412 120062 24350 49562 Dance with our Stars 90377 74452 15925 49846 234789 194514 40275 99408 99408 -59133 1 Rideout Memorial Hospital 726 Fourth Street Marysville CA 95901 941387866 501(c)(3) 973927 0 Cost General support & equipment purchases 1 0 Part I, Line 2: The Hospital Department submits a written request for Foundation assistance to the Divisional Administrator and Capital Committee, as appropriate. Upon review and approval by the Director of Materials management, the Finance executive, the Patient Care Executive, the Operations Executive, and the President, this request (if under $5,000) is reviewed by the Foundation Executive Director, or if over $5,000 by the Foundation Board of Directors. If approved, the Department will be notified and asked to move forward with the purchase and charge one of their cost centers. The Department sends proof of the purchase to the Foundation. The Foundation processes a transfer of funds back to the entity to cover the purchase. A copy of the board minutes accompanies each transfer of funds over $5,000. Gift requests less than $5,000 can be approved by the Executive Director of the Foundation. 1 1 0 0 0 0 0 0 0 Swanson Jeffery Executive Director thru 11/23 198000 0 14376 0 60596 0 9900 0 50374 0 333246 0 0 0 Part I, Line 3 The Foundation relied on an unrelated affiliated tax-exempt organization (Adventist Health System/West) to determine the compensation for its fop management official. The unrelated affiliated organization used one or more methods described in Line 3. Compensation is paid by an unrelated affiliated organization (Rideout Memorial Hospital) for services provided to the Foundation. Part I, Lines 4a-b Severance payments are made based upon agreements between certain qualifying employees and Adventist Health System/West, an unrelated affiliated tax-exempt organization. Details of the terms and conditions of the severance agreements are available to the IRS upon request. Swanson, Jeffery - severance payment - $21,154 Form 990, Part VI, Section A, line 6 The sole member of the Organization is Rideout Memorial Hospital,, a California nonprofit public benefit corporation. Form 990, Part VI, Section A, line 7a Three of the Directors are appointed by Stone Point Health, an unrelated affiliated tax-exempt organization that is the sole member of Rideout Memorial Hospital. Form 990, Part VI, Section A, line 7b The Board of Directors of the Corporation shall have sole authority to amend or repeal the Articles of Incorporation and Bylaws, provided that certain sections outlined in the Bylaws must also be approved by a majority of the Directors elected by Stone Point Health, an unrelated affiliated tax-exempt organization. Form 990, Part VI, Section B, line 11b This Form 990 including all supporting schedules was prepared by a public accounting firm, reviewed by the Foundation's President, and provided to the Foundation's Board of Directors prior to filing. Form 990, Part VI, Section B, line 12c During the first quarter of each year, the annual conflict of interest questionnaire is sent to board members, corporate officers, key employees, and department directors for completion and signature. The questionnaire is accompanied by a letter of explanation to illustrate examples of a conflict and remind the recipient that if any perceived conflict should arise before the next annual questionnaire, he/she is to notify the Executive Director immediately. For potential conflicts, the Executive Director or a designee will determine and present all relevant facts to the governing body prior to the decision. After addressing any questions asked by the governing body, the responsible person must leave the meeting during the discussion of the matter that involves a conflict and during any vote on the matter. Form 990, Part VI, Section B, line 15 The Foundation compensates its top management official that is determined and paid by an unrelated affiliated tax-exempt organization. The compensation for the Executive Director is reported in Form 990, Part VII and Schedule J, Part II to show the value the Foundation received for the compensation paid by the unrelated affiliated organization. Form 990, Part VI, Section C, line 19 The Foundation does not make its governing documents, conflict of interest policy, or financial statements available to the public.