2024-05-15T09:43:53-05:00 2023-06-30 135565207 KPMG LLP 500 W 5TH ST STE 800 WINSTONSALEM NC 27101 990 2022-07-01 581419760 THE BRODY FOUNDATION INC BROD 2527442238 2200 SOUTH CHARLES BLVD 1500 GREENVILLE NC 278584353 SCOTT SENATORE EXECUTIVE DIRECTOR 2527442238 2024-05-15 1 SCOTT SENATORE 999009999 1 SHAWN HUTCHINSON P01048557 3362753394 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR MICHAEL WALDRUM BRODY BUILDING AD GREENVILLE NC 27834 2954723 0 X N/A X 1979 NC SEE SCHEDULE O 11 11 0 14 -9378 0 61407 129435 0 0 460595 340970 0 0 522002 470405 426074 467908 0 0 0 0 0 0 0 59324 67060 485398 534968 36604 -64563 10575691 11237347 1886 7189 10573805 11230158 TO ACQUIRE, RETAIN AND ADMINISTER A FUND, OR FUNDS, TO BE HELD, INVESTED AND USED FOR THE BENEFIT OF ECU MEDICAL & HEALTH SCIENCES FOUNDATION, INC. 0 0 491064 467908 THE FOUNDATION DISTRIBUTES FUNDS TO ECU MEDICAL & HEALTH SCIENCES FOUNDATION, INC. TO ENDOW CHAIRS FOR PROFESSORS IN THE ECU SCHOOL OF MEDICINE, TO PROVIDE RESEARCH GRANTS FOR FACULTY MEMBERS & SCHOLARSHIP FUNDS FOR STUDENTS. 491064 1 1 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 1 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X JOEL B STOCKS 2527442238 525 MOYE BOULEVARD ADI BLDG GREENVILLE NC 27858 X X HYMAN J BRODY DIRECTOR 1.00 X 0 0 0 DAVID S BRODY SECRETARY/TREASURER 1.00 X X 0 0 0 AMANDA G AUSTIN MD DIRECTOR 1.00 X 0 0 0 ANDREW M SOUTHERLAND MD DIRECTOR 1.00 X 0 0 0 WILLIAM C TAYLOR MD DIRECTOR 1.00 X 0 0 0 R DOUGLAS BARROW MD DIRECTOR 1.00 X 0 0 0 JILL E CAMNITZ DIRECTOR 1.00 X 0 0 0 R RICHARD MILLER JR DIRECTOR (UNTIL 8/14/22) 1.00 X 0 0 0 THAD C WEST MD DIRECTOR 1.00 X 0 0 0 JORDY WICHARD DIRECTOR 1.00 X 0 0 0 CEDRIC BRIGHT MD DIRECTOR 1.00 X 0 0 0 MICHAEL WALDRUM MD PRESIDENT 1.00 X X 0 0 0 HERBERT G GARRISON MD INTERIM EXECUTIVE DIRECTOR 1.00 40.00 X 0 0 0 SCOTT SENATORE EXECUTIVE DIRECTOR 1.00 40.00 X 0 0 0 0 0 0 0 0 0 0 0 129435 129435 114648 -9378 124026 2710640 2484318 226322 226322 226322 470405 0 -9378 350348 467908 467908 5750 5750 35160 35160 290 290 644 644 2060 2060 EVENTS 18261 18261 PROFESSIONAL DEVELOPMEN 3543 3543 SERVICE PROJECT 1032 1032 PROGRAM SUPPLIES 320 320 534968 491064 43904 0 6536136 7231001 3598852 3440258 440703 566088 10575691 11237347 1886 7189 1886 7189 X 10133102 10664070 440703 566088 10573805 11230158 10575691 11237347 X -64563 595531 125385 X 0 0 0 X X 1 ECU MEDICAL & HEALTH SCIENCES FOUNDATION INC 237138921 7 1 491064 0 1 491064 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 SCHEDULE A, PART IV, SECTION D, LINE 3: THE BRODY FOUNDATION WORKS CLOSELY WITH AND SUPPORTS THE ECU MEDICAL & HEALTH SCIENCES FOUNDATION. THE DAY TO DAY ACTIVITIES OF THE BRODY FOUNDATION ARE CARRIED OUT BY STAFF OF THE ECU MEDICAL & HEALTH SCIENCES FOUNDATION. BRODY FOUNDATION DIRECTORS DAVID BRODY, HYMAN BRODY, AND HERBERT GARRISON (INTERIM EXECUTIVE DIRECTOR) SERVE ON THE INVESTMENT COMMITTEE OF THE ECU MEDICAL & HEALTH SCIENCES FOUNDATION AND ARE DIRECTLY INVOLVED WITH SETTING THE INVESTMENT POLICY FOR BOTH THE BRODY FOUNDATION AND ECU MEDICAL & HEALTH SCIENCES FOUNDATION. SCHEDULE A, PART IV, SECTION E, LINE 2A: THE BRODY FOUNDATION DISTRIBUTES FUNDS TO THE ECU MEDICAL & HEALTH SCIENCES FOUNDATION TO ENDOW CHAIRS FOR PROFESSORS, TO PROVIDE RESEARCH GRANTS FOR FACULTY MEMBERS, AND TO PROVIDE SCHOLARSHIP FUNDS FOR STUDENTS IN THE BRODY SCHOOL OF MEDICINE AT EAST CAROLINA UNIVERSITY. THE BRODY FOUNDATION PROVIDED $491,063 (OR APPROXIMATELY 90% OF TOTAL EXPENDITURES) IN GRANT AND PROGRAM SUPPORT TO THE ECU MEDICAL & HEALTH SCIENCES FOUNDATION DURING THE YEAR ENDED JUNE 30, 2023. THE BRODY FOUNDATION WORKS CLOSELY WITH AND SUPPORTS THE ECU MEDICAL & HEALTH SCIENCES FOUNDATION AND THE DAY TO DAY ACTIVITIES OF THE BRODY FOUNDATION ARE CARRIED OUT BY STAFF OF THE ECU MEDICAL & HEALTH SCIENCES FOUNDATION. SCHEDULE A, PART IV, SECTION E, LINE 2B: BOTH THE ECU MEDICAL & HEALTH SCIENCES FOUNDATION AND THE BRODY FOUNDATION ARE ACTIVELY INVOLVED IN SUPPORTING THE STUDENTS, FACULTY, AND RESIDENTS OF THE BRODY SCHOOL OF MEDICINE. THE ECU MEDICAL & HEALTH SCIENCES FOUNDATION EXISTS FOR THE PURPOSES OF SUPPORTING AND PROMOTING THE EDUCATIONAL AND CHARITABLE PURPOSES AND THE LAWFUL ACTIVITIES OF THE ECU DIVISION OF HEALTH SCIENCES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 440703 125385 566088 551713 -111010 440703 471889 79824 551713 500332 -28443 471889 487739 12593 500332 1.00000 0 1 1 0 HEDGE FUNDS 3440258 F 3440258 BENEFICIAL INTEREST IN CRT 566088 566088 X PART V, LINE 4: INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS ENDOWMENT NET ASSETS AT JUNE 30, 2023 ARE RESTRICTED TO INVESTMENT IN PERPETUITY, THE INCOME FROM WHICH IS EXPENDABLE TO SUPPORT THE BRODY SCHOLARS PROGRAM. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. AT JUNE 30, 2023, THE FOUNDATION HAS NOT RECORDED ANY TAX LIABILITIES. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, INVESTMENTS 2240000 0 0 0 0 0 0 2240000 0 2240000 1 0 1 0 0 0 PART III ACCOUNTING METHOD: 1 ECU MEDICAL & HEALTH SCIENCES FOUNDATION INC 2200 SOUTH CHARLES BLVD SUITE 1500 GREENVILLE NC 278584353 237138921 501(C)(3) 467908 0 N/A N/A SUPPORT 1 PART I, LINE 2: MONITORING THE USE OF GRANT FUNDS AS BRODY FOUNDATION PROVIDES GRANTS ONLY TO THE ECU MEDICAL & HEALTH SCIENCES FOUNDATION TO SUPPORT THE SCHOOL OF MEDICINE AT ECU THROUGH ENDOWED CHAIRS, SCHOLARSHIPS, AND RESEARCH GRANTS, IT RELIES ON THE MEDICAL AND HEALTH SCIENCES FOUNDATION TO MONITOR THE USE OF THE FUNDS. THE BRODY FOUNDATION BOARD OF DIRECTORS RECEIVES UPDATES ON PROGRAMS AND GRANT USAGE AT THEIR BOARD MEETINGS. FORM 990, PART I, LINE 1 TO ACQUIRE, RETAIN AND ADMINISTER A FUND, OR FUNDS, TO BE HELD, INVESTED AND USED FOR THE BENEFIT OF ECU MEDICAL & HEALTH SCIENCES FOUNDATION, INC. FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIPS DAVID BRODY AND HYMAN BRODY, WHO ARE BOTH BOARD MEMBERS, HAVE A FAMILY RELATIONSHIP. THEY ARE COUSINS. FORM 990, PART VI, SECTION A, LINE 3 DELEGATE CONTROL OVER MANAGEMENT DUTIES AS THE BRODY FOUNDATION IS CLOSELY RELATED TO AND SUPPORTS THE ECU MEDICAL & HEALTH SCIENCES FOUNDATION, THE DAY TO DAY ACTIVITIES OF THE BRODY FOUNDATION ARE CARRIED OUT BY STAFF OF THE ECU MEDICAL & HEALTH SCIENCES FOUNDATION. FORM 990, PART VI, SECTION A, LINE 8B COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF GOVERNING BODY THE BRODY FOUNDATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THEREFORE, THIS QUESTION HAS BEEN ANSWERED NO. FORM 990, PART VI, SECTION B, LINE 11B BOARD REVIEW OF FORM 990 A COPY OF THE FORM 990 WAS PROVIDED TO BRODY FOUNDATION'S BOARD OF TRUSTEES PRIOR TO FILING. THE FOUNDATION'S PRESIDENT REVIEWS THE FORM 990 BEFORE SIGNING AND FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST, WHISTLEBLOWER, AND DOCUMENT RETENTION POLICY THE FOUNDATION HAS ADOPTED A CONFLICT OF INTEREST, WHISTLEBLOWER, AND DOCUMENT RETENTION POLICY. AN ANNUAL CONFLICT OF INTEREST FORM IS REQUESTED FROM EACH BOARD MEMBER REGARDING ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 18 PUBLIC INSPECTION UPON REQUEST THE BRODY FOUNDATION'S FORM 1023 AND FORMS 990 ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THE BRODY FOUNDATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VII, SECTION A, LINE 1: COMPENSATION NEITHER THE ORGANIZATION NOR ANY RELATED ORGANIZATION COMPENSATED ANY CURRENT OFFICER, DIRECTOR, OR TRUSTEE. FORM 990, PART XI, LINE 9: GAIN ON TRUST HELD BY OTHERS 125,385. ECU MEDICAL & HEALTH SCIENCE FOUNDATION 2200 SOUTH CHARLES BLVD SUITE 1500 GREENVILLE NC 27858 237138921 SUPPORT NC 501(C)(3) 7 N/A 0 BRODY TRUST 2200 SOUTH CHARLES BLVD SUITE 1500 GREENVILLE NC 27858 581419760 INVESTMENTS NC N/A T 7770 560716 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0