2025-02-07T06:07:32-06:00 2024-09-30 570381582 ELLIOTT DAVIS LLCPLLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2023-10-01 570725699 PRISMA HEALTH MIDLANDS FOUNDATION F/K/A PALMETTO HEALTH FOUNDATION PRIS 8034347275 1600 MARION STREET COLUMBIA SC 29201 JEFFERY FAW EXECUTIVE DIRECTOR 8034347275 2025-02-06 1 0 JANICE A RATICA P00358837 7043338881 2025-02-06 2023 2025-03-06 01:10:19Z JEFFERY FAW 1600 MARION STREET COLUMBIA SC 29201 10694954 0 X WWW.PRISMAHEALTHMIDLANDSFOUNDATION.ORG X 2000 SC THE FOUNDATION EXISTS TO SUPPORT THE MISSION AND PURPOSES OF PRISMA HEALTH AND ITS RELATED ACTIVITIES. THIS IS ACCOMPLISHED BY BUILDING AWARENESS OF KEY HEALTH ISSUES IN THE COMMUNITY AND DEVELOPING FINANCIAL RESOURCES FOR PRISMA HEALTH TO USE IN ADDRESSING SUCH ISSUES.THE INITIATIVES OF THE FOUNDATION ARE LINKED TO THE STRATEGIC PLAN OF PRISMA HEALTH AND MEASURED TO IMPROVE THE PHYSICAL, EMOTIONAL, AND SPIRITUAL HEALTH OF OUR COMMUNITY. WE SHARE THIS FUNDAMENTAL COMMITMENT IN IMPROVING THE HUMAN CONDITION IN OUR COMMUNITY. 17 17 23 292 0 0 4328730 5000456 0 0 2344642 1941547 562144 796839 7235516 7738842 1734283 2982682 0 0 1543950 1463853 0 0 224793 -1281086 -917476 1997147 3529059 5238369 4209783 41649222 51644579 651366 370826 40997856 51273753 X TO PROMOTE AWARENESS OF PRISMA HEALTH'S PROGRAMS AND SERVICES AND TO STRENGTHEN THE QUALITY OF HEALTHCARE FOR THE PEOPLE SERVED BY PRISMA HEALTH THROUGH THE USE OF THE HIGHEST STANDARDS OF PHILANTHROPY. 0 0 1701384 1586609 CONTRIBUTION TO PRISMA HEALTH FOR CAPITAL IMPROVEMENTS AND EQUIPMENT IN SERVICE AREAS INCLUDING WOMEN'S SERVICES, CHILDREN'S HOSPITAL PROGRAMS, BAPTIST PROGRAM, BREAST HEALTH, PARKRIDGE, PRISMA HEALTH CANCER CENTERS AND SIMULATION CENTER. 1251076 1166679 CONTRIBUTION TO PRISMA HEALTH FOR PATIENT CARE AND CLINICAL PERFORMANCE IN SERVICE AREAS INCLUDING HOSPICE, BEHAVORIAL HEALTH, CAMP KEMO & PEDIATRIC ONCOLOGY, CHILDREN'S HOSPITAL PROGRAMS, GERIATRICS, OTHER DESIGNATED CHILDREN'S HOSPITAL PROGRAMS AND CHILD LIFE. 214719 200235 CONTRIBUTION TO PRISMA HEALTH FOR EDUCATIONAL SCHOLORSHIP PROGRAMS TO IMPROVE EMPLOYEE SATISFACTION AND THEREBY IMPROVE PATIENT CARE. 31268 29159 CONTRIBUTIONS TO PRISMA HEALTH FOR OTHER HEALTHCARE AND COMMUNITY INITIATIVES. 31268 29159 3198447 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 X 21 0 1 23 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X X LYNNE PITZER 8034342831 1600 MARION STREET COLUMBIA SC 29201 JEFFERY FAW EXECUTIVE DIRECTOR 40.00 X 225994 0 13300 LYNNE PITZER CFO 40.00 X 169350 0 2242 KATHERINE W DAVIS SR. PHILANTHROPIC RELATIONSHIP MGR 40.00 X 138589 0 11349 MARY SPIVEY MEMBER 0.13 X 0 0 0 ANDY DAVIS MEMBER 0.10 X 0 0 0 JACOB BORN MEMBER 0.10 X 0 0 0 MALCOM ISLEY MEMBER 0.05 X 0 0 0 STEPHANIE JONES MEMBER 0.23 X 0 0 0 SCOTT JONES MEMBER 0.13 X 0 0 0 PAM JENKINS MEMBER 0.13 X 0 0 0 MICHAEL MONTGOMERY MEMBER 0.23 X 0 0 0 MICHAEL BUNDY MEMBER 0.13 X 0 0 0 CHRIS PRICENOR MEMBER 0.13 X 0 0 0 JILL ARMBRUSTER MEMBER 0.23 X 0 0 0 MICHAEL STACHOWIAK MEMBER 0.13 X 0 0 0 JULIAN KIM MEMBER 0.13 X 0 0 0 ED GARRISON MEMBER 0.13 X 0 0 0 BILL DUDA MEMBER 0.25 X 0 0 0 JILL SMITH MEMBER 0.13 X 0 0 0 JOHN HUDGENS MEMBER 0.40 X 0 0 0 DREW PAINTER MEMBER 0.13 X 0 0 0 ALAN KAHN MEMBER 0.13 X 0 0 0 SUSAN BRILL MEMBER 0.05 X 0 0 0 LEE MASHBURN TREASURER 0.45 X X 0 0 0 WANDA DRYMAN SECRETARY 0.05 X X 0 0 0 JOHN GRIGGS CHAIR ELECT 0.43 X X 0 0 0 SAMER ABRAHAM CHAIR 0.63 X X 0 0 0 ELIZABETH NKUO JOHNSON IMMEDIATE PAST CHAIR 0.53 X X 0 0 0 533933 0 26891 3 0 1 0 0 1965185 3035271 21452 5000456 1207408 1207408 440149 137887 302262 302262 302262 3549783 2815644 734139 734139 734139 471667 1965185 2581 469086 469086 OTHER INCOME 812900 25491 25491 25491 7738842 25491 0 2712895 2982682 2982682 307938 135924 52226 119788 970839 428528 164654 377657 42098 18582 7140 16376 61084 26962 10360 23762 81894 25121 18300 38473 76845 23572 17172 36101 127252 56169 21582 49501 21002 6442 4693 9867 88959 27288 19879 41792 62444 133 62108 203 9580 2939 2141 4500 SPECIAL EVENTS EXPENSE 622701 248266 93705 280730 RECOGNITION EXPENSE 102206 31352 22839 48015 BOARD DEVELOPMENT COSTS 13783 4228 3080 6475 PROMOTIONAL EXPENSES - 7676 2355 1715 3606 -2049924 -822096 -395775 -832053 3529059 3198447 105819 224793 730641 714184 3288245 2744403 373632 284908 9361 35161 277274 335701 558342 558234 540 108 32864474 43266787 4085058 4234154 19997 29173 41649222 51644579 340469 126924 310897 243902 651366 370826 X 11048875 15281032 29948981 35992721 40997856 51273753 41649222 51644579 X 4209783 6032903 26317 6894 X 0 1 X 1 0 X X X 1 PRISMA HEALTH 582296052 3 1 2982682 0 1 2982682 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X 1 0 PART IV, SECTION E, LINE 2A: THE FOUNDATION EXISTS TO SUPPORT THE MISSION AND PURPOSES OF PRISMA HEALTH AND ITS RELATED ACTIVITIES. THIS IS ACCOMPLISHED BY BUILDING AWARENESS OF KEY HEALTH ISSUES IN THE COMMUNITY AND DEVELOPING FINANCIAL RESOURCES FOR PRISMA HEALTH MIDLANDS TO USE IN ADDRESSING SUCH ISSUES. THE INITIATIVES OF THE FOUNDATION ARE LINKED TO THE STRATEGIC PLAN OF PRISMA HEALTH AND MEASURED TO IMPROVE THE PHYSICAL, EMOTIONAL, AND SPIRITUAL HEALTH OF OUR COMMUNITY. WE SHARE THIS FUNDAMENTAL COMMITMENT IN IMPROVING THE HUMAN CONDITION IN OUR COMMUNITY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18288154 0 4443859 -410709 23142722 16804452 0 1978299 494597 18288154 20339905 5181 -3201098 339536 16804452 18209946 348275 3574677 1792993 20339905 17800682 2191330 1782066 18209946 0.00000 0.42036 0.57964 0 0 558342 558234 108 108 INVESTMENT IN SUBSIDIARY 4234154 C 4234154 X 15996592 6032903 404739 1947361 8385003 7611589 127253 127253 7738842 5720696 378423 1940467 2318890 3401806 127253 127253 3529059 PART V, LINE 4: THE FOUNDATION USES ITS ENDOWMENT FUNDS TO SUPPORT ITS MISSION OF PROMOTING AWARENESS AND STRENGTHENING THE QUALITY OF HEALTHCARE FOR THE PEOPLE SERVED BY PRISMA HEALTH. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUBSTANTIATED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REIMBURSEMENTS RECEIVED FROM PALMETTO HEALTH 1,800,000. DIRECT COST OF SPECIAL EVENTS REPORTED NET AGAINST REVENUE 2,580. DIRECT COST OF RENTAL REPORTED NET AGAINST REVENUE 137,887. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 6,894. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT COST OF SPECIAL EVENTS REPORTED NET AGAINST REVENUE 2,580. DIRECT COST OF RENTAL REPORTED NET AGAINST REVENUE 137,887. REIMBURSEMENTS RECEIVED FROM PALMETTO HEALTH 1,800,000. ROUNDING CHILDRENS MIRACLE NETWORK 1506829 1506829 495 WALK FOR LIFE 409414 246665 162749 1222 2 520609 211691 308918 864 2436852 1965185 471667 2581 2581 469086 1 PRISMA HEALTH PO BOX 10016 COLUMBIA SC 29201 582296052 501(C)(3) 2982682 0 PROGRAM SUPPORT 1 PART I, LINE 2: THE INITIATIVES OF PRISMA HEALTH MIDLANDS FOUNDATION ARE LINKED TO THE STRATEGIC PLAN OF PRISMA HEALTH AND ARE CONTINUALLY MEASURED AND MONITORED TO ASSURE THE COMMON GOAL TO IMPROVE THE HUMAN CONDITION IN THE COMMUNITY IS ACHIEVED. 1 X X X 0 0 0 0 0 0 0 0 0 JEFFERY FAW EXECUTIVE DIRECTOR 225994 0 0 0 0 0 5163 0 8137 0 239294 0 0 0 LYNNE PITZER CFO 169350 0 0 0 0 0 2064 0 178 0 171592 0 0 0 FORM 990, PART V, LINE 2B: THE FOUNDATION HAS AN EMPLOYEE LEASING AGREEMENT UNDER WHICH ALL FOUNDATION PERSONNEL ARE LEASED FROM AN OUTSIDE AGENCY. THE AGENCY HANDLES ALL PAYROLL ADMINISTRATION AND RELATED MATTERS IN EXCHANGE FOR A MONTHLY FEE. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, A DRAFT OF THE FORM 990 IS EMAILED TO THE FINANCE COMMITTEE WITH THE OPPORTUNITY FOR QUESTIONS OR OBJECTIONS. A QUORUM FOR APPROVAL TO RECOMMEND THE FORM 990 TO BOARD FOR REVIEW IS OBTAINED BY THE GIVEN DEADLINE. A DRAFT OF THE FORM 990 IS ALSO EMAILED TO THE BOARD MEMBERS TO REVIEW AND SUBMIT ANY QUESTIONS AND CONCERNS. IF THEY DID NOT SUBMIT AN OBJECTION BY THE DEADLINE, IT WAS CONSIDERED APPROVED. THE BOARD MEMBERS ARE GIVEN 5 WORKING DAYS TO RESPOND. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND EMPLOYEES WILL RENEW CONFLICT OF INTEREST AND CONFIDENTIALITY AGREEMENTS ANNUALLY BEGINNING WITH THE FIRST BOARD MEETING OF EACH CALENDAR YEAR. IN THE EVENT A POTENTIAL CONFLICT OF INTEREST SHALL ARISE DURING THE YEAR, THE INTERESTED PERSON SHALL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF EXECUTIVES AND ALL KEY EMPLOYEES IS DETERMINED BASED ON PERFORMANCE AND BOARD REVIEWS. EXECUTIVE DIRECTOR COMPENSATION IS DECIDED AT THE BOARD OF DIRECTORS' LEVEL AND IS BASED ON EXPERIENCE AND MARKET DEMAND AS WELL AS PERFORMANCE AND BOARD REVIEWS. OFFICER'S COMPENSATION IS DETERMINED BASED ON PERFORMANCE AND EXECUTIVE DIRECTOR REVIEWS. ALL DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS POSTED ON THE ORGANIZATION'S WEBSITE AS A PDF FILE ONCE THE FORM 990 IS FILED AND ACCEPTED. THE FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 6,894. TAYLOR-MARION LLC 1600 MARION STREET COLUMBIA SC 29202 208283380 EXEMPT FUNCTION BUILDING/LAND SC 495235 5006217 PRISMA HEALTH MIDLANDS FOUNDATION PRISMA HEALTH PO BOX 10016 COLUMBIA SC 29201 582296052 HEALTH CARE SC 501(C)(3) LINE 3 N/A 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 PRISMA HEALTH B 2982682 FMV PRISMA HEALTH Q 1800000 FMV