2025-11-09T10:49:22+00:00 2024-12-31 350921680 CROWE LLP 401 East Las Olas Blvd Suite 1100 Fort Lauderdale FL 333014230 990 2024-01-01 592915060 Cornerstone Hospice Foundation Inc CORN 3527426819 2445 LANE PARK ROAD TAVARES FL 32778 Todd Webb CFO 8138718111 2025-11-09 true Brittney Kocaj P01320603 9542028600 2025-11-09 2024 2025-03-06 01:10:19Z Todd Webb 12470 Telecom Drive Suite 301 Temple Terrace FL 33637 5616202 false X cornerstonehospice.org/the-foundation/ X 1988 FL Provides the critical resources both financial and in-kind to encourage and promote the delivery of exceptional, post-acute care to those in need irrespective of personal capacity. 9 9 0 58 0 2914980 1814329 0 306877 558994 105835 -41131 3327692 2332192 1500000 1000000 0 0 0 0 1140263 911051 2640263 1911051 687429 421141 10538959 10176634 2613057 1144954 7925902 9031680 The mission of the Cornerstone Hospice Foundation is to provide the critical resources both financial and in-kind to encourage and promote the delivery of exceptional, post-acute care to those in need irrespective of personal capacity. false false 1851051 1000000 Cornerstone Hospice Foundation Inc. is a not for profit organization that was formed to provide financial support to Cornerstone Hospice & Palliative Care, Inc. The organization accepts donations from the public and the net proceeds of these various activities flow to COR to support its end-of-life hospice services. 1851051 true true false false false false false false false false true false false false true true false false false false false false false false true false false true false false false false false false false false false false false false true false false false false false false false false false true 1 0 true 0 false false false false false true true false false false false false false X 9 9 false true false false false false false true true false false false true true true true true true false false false false FL X Todd Webb 8138718111 12470 Telecom Drive Suite 301 Temple Terrace FL 33637 X Adam Kamus Chair 2.0 0.0 X X 0 0 0 Gregory Collier Secretary 2.0 0 X X 0 0 0 Heath Nailos Immediate Past Chair 2.0 0.0 X X 0 0 0 Kyle Clapper VICE CHAIR & Treasurer 1.0 0 X X 0 0 0 Beth Hunt DIRECTOR 1.0 0 X 0 0 0 Lynn Walker Wright DIRECTOR 1.0 0 X 0 0 0 Reba Mazak DIRECTOR 1.0 0 X 0 0 0 Rich Barry Director 1.0 0 X 0 0 0 Trey Dyer DIRECTOR 1.0 0 X 0 0 0 TODD A WEBB CHIEF FINANCIAL OFFICER 2.0 0.0 X 0 0 0 0 0 0 0 false false false Chapters Health System Inc 12470 Telecom Drive Suite 301 Temple Terrace FL 33637 Management Services 911638 Cornerstone Health Services Inc 12470 Telecom Drive Suite 301 Temple Terrace FL 33637 Management Services 534792 2 1492 191189 56000 1565648 545177 1814329 0 0 0 0 0 284759 284759 0 0 3493114 3218879 274235 0 274235 274235 24000 191189 65131 -41131 -41131 0 0 0 0 0 2332192 0 0 517863 1000000 1000000 711817 651817 60000 1720 1720 4511 4511 70081 70081 149 149 0 0 12954 12954 18903 18903 5850 5850 14251 14251 4525 4525 Dues & Memberships 31436 31436 Cultivation 20692 20692 Other 14162 14162 0 0 0 0 1911051 1851051 60000 0 95988 82409 296158 269475 57678 0 0 0 0 6580 6220 158061 74379 88207 83682 9994348 9605525 0 0 0 129323 10538959 10176634 1575481 682853 0 0 1037576 462101 2613057 1144954 X 2287523 2590742 5638379 6440938 7925902 9031680 10538959 10176634 421141 684637 0 X true X false X true false X 2667488 3264464 834274 2914980 1814329 11495535 0 0 0 0 2667488 3264464 834274 2914980 1814329 11495535 2597702 8897833 263369 299706 116426 292959 284759 1257219 0 0 0 0 0 0 1680 4590 9445 125909 24000 165624 12918378 0 0.68877 0.80382 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - GROSS FUNDRAISING REVENUE, COLUMN A - 1680.0, COLUMN B - 4590.0, COLUMN C - 9445.0, COLUMN D - 125909.0, COLUMN E - 24000.0, COLUMN F - 165624.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 77000 77000 81061 74379 6682 83682 Federal Income Taxes Amounts due to 3rd parties 94009 Charitable Gift Annuity Liability 368092 462101 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation is exempt from income taxes on income from related activities under Section 501(c)(3) of the U.S. Internal Revenue Code and corresponding state tax law. Accordingly, no provision has been made for federal or state income taxes. U.S. GAAP requires that a tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. The Foundation's Form 990 has not been subject to examination by the Internal Revenue Service or the state of Florida for the past three years. The Foundation does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The Foundation recognizes interest and/or penalties related to income tax matters in income tax expense. The Foundation did not have any amounts accrued for interest and penalties at December 31, 2024 and 2023. Foundation Anniversary 74804 53204 21600 5500 17805 3750 1579 Farm to Fork 140385 137985 2400 1551 9660 2300 22986 0 215189 191189 24000 7051 27465 6050 24565 65131 -41131 true Cornerstone Hospice & Palliative Care Inc 12470 Telecom Dr Suite 301 Temple Terrace FL 33637 592330114 501(c)(3) 1000000 General support 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds Cornerstone Hospice Foundation provides grants exclusively to 501(c)(3) organizations to be used to fund operations that prompt the charitable purposes of the recipient exempt organization. the grants to Cornerstone Hospice and Palliative Care, Inc. and Cornerstone Health Services inc. can be used for any program in furtherance of the organizations' exempt purposes. 1 545177 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - The organization is reporting the number of contributions. Form 990, Part VI, Line 15a COMPENSATION OF TOP MANAGEMENT OFFICIAL Because the top management official did not receive compensation from the filing organization, this question has been answered "no" in accordance with form 990 instructions. Form 990, Part VI, Line 15b COMPENSATION OF OTHER OFFICER Because the other Officer did not receive compensation from the filing organization, this question has been answered "no" in accordance with form 990 instructions. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee consists of the Chair, Vice Chair, Secretary, Treasurer, two board members at large, and up to three representatives from the Board of Directors of Cornerstone Hospice & Palliative Care, Inc. The Executive Committee documents all actions taken within meeting minutes and has the authority to act on behalf of the full Board of Directors when necessary. Form 990, Part VI, Line 3 Delegation of management duties The organization paid Chapters Health System, Inc. and Cornerstone Health Services, Inc. for management services during the year. Services provided by Chapters Health System, Inc. and Cornerstone Health Services, Inc. included executive leadership, accounting/finance, human resources, legal, information technology, etc. Form 990, Part VI, Line 11b Review of form 990 by governing body All board members are provided a copy of the form 990 for their review. Upon board's review and following up on any changes, the full board votes to approve the final form 990. The final form 990 is then filed with the IRS upon signature of an authorized officer. Form 990, Part VI, Line 12c Conflict of interest policy Proposed or ongoing transactions are monitored by the CFO for conflicts of interest. Board members are notified immediately if any issues arise so that appropriate action may be taken. 1. persons covered by this policy are the organization's officers, directors, and leadership/executive staff. 2. Persons covered by this policy will annually disclose or update to the Chairman of the Board of Directors on a form provided by the organization their interests that could give rise to conflicts of interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members. 3. On an annual basis (preferably during the first calendar quarter), the following will be sent to all applicable individuals: (a) A copy of the policy and memorandum available upon request. (b) Conflict of interest questionnaire available upon request. 4. When personnel assume positions relevant to the conflict of interest policy during the year, the same procedure will be followed. This procedure is applicable to any new board member and leadership staff. 5. For each interest disclosed to the Chairman of the Board of Directors, they will determine whether to: (a) Take no action; (b) Assure full disclosure to the board of directors and other individuals covered by this policy; (c) Ask the person to recuse from participation in related discussions or decisions within the organization; or (d) Ask the person to resign from his or her position in the organization or, if the person refuses to resign, become subject to possible removal in accordance with the organization's removal procedures. 6. The organization's chief employed executive and chief employed finance executive will monitor proposed or ongoing transactions for conflicts of interest and disclose them to the chairman of the board of directors in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred. Form 990, Part VI, Line 19 Required documents available to the public The Organization's Articles of Incorporation are filed with and viewable by the public at the official website of the Department of State, division of corporations. The organization's bylaws and conflict of interest policy are not made available to the public. Unaudited financial statements of the organization are filed and viewable by the public at the official website of the State, division of consumer services. In addition, the organization reports its financial performance each year in its annual report, copies of which are available to the public upon request.