2025-11-05T15:30:10-06:00 2024-12-31 161131146 BONADIO & CO LLP 2711 CENTERVILLE ROAD SUITE 100 WILMINGTON DE 19808 990 2024-01-01 510346160 DELAWARE FOUNDATION FOR MEDICAL SERVICES DELA 3023661400 651 N BROAD ST 304 MIDDLETOWN DE 19709 MARK THOMPSON EXECUTIVE DIRECTOR 3023661400 2025-11-04 1 1 PETER S KENNEDY CPA P00571422 3026566632 2025-11-04 2024 2025-03-06 01:10:19Z MARK THOMPSON 651 N BROAD ST 304 MIDDLETOWN DE 19709 546996 0 X N/A X 1992 DE TO ENHANCE THE QUALITY OF MEDICAL CARE IN THE STATE OF DELAWARE. 10 10 0 11 0 0 24023 26269 0 0 118772 104881 0 0 142795 131150 59093 67888 0 0 0 0 0 0 0 61223 63344 120316 131232 22479 -82 1755971 1845030 4343 4274 1751628 1840756 X TO RECEIVE AND ADMINISTER GIFTS OF PROPERTY FOR CHARITABLE, BENEVOLENT CIVIC, HEALTH, SCIENTIFIC AND EDUCATIONAL PURPOSES, PRIMARILY FOR THE PURPOSE OF ENHANCING THE QUALITY OF MEDICAL CARE IN THE STATE OF DELAWARE IN A MANNER THAT SHALL: 1. AFFORD TO PERSONS AN OPPORTUNITY TO MAKE GIFTS WITH A GREATER BENEFICIAL RESULT THAN POSSIBLE THROUGH INDIVIDUAL ACTION; 2. AFFORD TO CORPORATIONS AN OPPORTUNITY EQUAL TO THAT OF INDIVIDUALS TO CREATE MEMORIALS OR MAKE GIFTS AS THE CIRCUMSTANCES OF THEIR ECONOMIC SITUATIONS WARRANT, FROM TIME TO TIME; AND, 3. SAFEGUARD AND PROVIDE FOR THE PERMANENT SECURITY OF SUCH GIFTS. 0 0 67888 67888 THE FOUNDATION PROVIDES AWARDS TO PROMOTE PROGRAMS FOR BETTER ACCESS AND QUALITY OF HEALTHCARE IN THE STATE OF DELAWARE. 67888 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X X DE FOUNDATION FOR MEDICAL SERVICES 3023661400 651 N BROAD ST SUITE 304 MIDDLETOWN DE 19709 X EDWARD R SOBEL DO CHAIR 5.00 X X 0 0 0 MATTHEW BURDAY MD VICE CHAIR 5.00 X X 0 0 0 NANCY FAN MD TREASURER 5.00 X X 0 0 0 DEBORAH ZAREK MD SECRETARY 5.00 X X 0 0 0 JUSTIN ELDRIDGE MD BOARD MEMBER 5.00 X 0 0 0 STEPHANIE GUARINO MD BOARD MEMBER 5.00 X 0 0 0 DOROTHY M MOORE MD BOARD MEMBER 5.00 X 0 0 0 SUZANNE J SHERMAN MD BOARD MEMBER 5.00 X 0 0 0 ROBERT VARIPAPA MD BOARD MEMBER 5.00 X 0 0 0 LAWRENCE ZUTZ BOARD MEMBER 5.00 X 0 0 0 MICHAEL A ALEXANDER MD ADVISORY MEMBER 5.00 X 0 0 0 0 0 0 0 0 0 0 0 26269 26269 58545 58545 462182 415846 46336 46336 46336 131150 0 0 104881 67888 67888 46825 46825 4900 4900 8905 8905 1066 1066 ADMINISTRATIVE EXPENSES 1648 1648 131232 67888 63344 0 122721 131649 3756 6837 1629494 1706544 1755971 1845030 4343 4274 4343 4274 X 1751628 1840756 1751628 1840756 1755971 1845030 -82 89210 0 X X 1 X 0 1 0 X X 1 MEDICAL SOCIETY OF DELAWARE 510061011 10 1 48988 0 1 48988 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 2 THE MEDICAL SOCIETY OF DELAWARE, INC. IS RECOGNIZED AS A TAX-EXEMPT 501(C)(6) ORGANIZATION. FOR 2024, THE MEDICAL SOCIETY OF DELAWARE, INC. RECEIVED 34.45% OF ITS TOTAL REVENUE FROM MEMBERSHIP DUES AND ANOTHER 30.84% OF ITS TOTAL REVENUE FROM PROGRAM SERVICE FEES. THE MEDICAL SOCIETY OF DELAWARE, INC.'S INVESTMENT REVENUE IS NEGLIGIBLE. DFMS MONITORS THE MEDICAL SOCIETY OF DELAWARE, INC.'S STATUS WITH RESPECT TO THE 509(A)(2) PUBLIC SUPPORT TEST ON AN ANNUAL BASIS. PART IV, SECTION A, LINE 3B WITH THE FILING OF MEDICAL SOCIETY OF DELAWARE, INC.'S FORM 990, DFMS MONITORS ITS STATUS WITH RESPECT TO THE 509(A)(2) PUBLIC SUPPORT TEST AS DESCRIBED ABOVE. PART IV, SECTION A, LINE 3C EACH YEAR, DFMS RECEIVES FROM MEDICAL SOCIETY OF DELAWARE, INC. A STATEMENT OF ITS USE OF FUNDS FOR CHARITABLE PURPOSES TO ENSURE THAT THE SUPPORT IT PROVIDES TO MEDICAL SOCIETY OF DELAWARE, INC. IS USED FOR CHARITABLE PURPOSES. PART IV, SECTION A, LINE 6: APPROXIMATELY 27.84% OF DFMS' TOTAL GRANTS WERE TO OTHER CHARITABLE ORGANIZATIONS 1629494 182075 67888 37137 1706544 1513689 220805 59093 45907 1629494 1926790 -318101 54303 40697 1513689 1884645 242154 157546 42463 1926790 2148714 146492 377892 32669 1884645 1.00000 0 0 0 MUTUAL FUNDS AND OTHER INVESTMENTS 1706544 F 1706544 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT EXISTS TO SUPPORT THE FOUNDATION'S MISSION THROUGH TARGETED, SPECIFIC GRANTS TO THE MEDICAL SOCIETY OF DELAWARE AND OTHER ORGANIZATIONS. 1 MEDICAL SOCIETY OF DELAWARE C/O DFMS 651 N BROAD ST STE 304 MIDDLETOWN DE 19709 510061011 501(C)(6) 48988 0 FMV - CASH N/A THE ORGANIZATION PROVIDES GRANTS TO ITS SUPPORTED ORGANIZATION TO HELP FURTHER MSD'S CHARITABLE PROGRAMS. THE ROSA HEALTH CENTER C/O DFMS 651 N BROAD ST STE 304 MIDDLETOWN DE 19709 465736043 501(C)(3) 6900 0 FMV - CASH N/A GRANTS WERE PROVIDED TO THE ROSA HEALTH CENTER FOR MALPRACTICE INSURANCE. HOPE MEDICAL CLINIC INC C/O DFMS 651 N BROAD ST STE 304 MIDDLETOWN DE 19709 593791820 501(C)(3) 10000 0 FMV - CASH N/A GRANTS WERE PROVIDED TO THE HOPE MEDICAL CLINIC FOR MALPRACTICE INSURANCE. 2 1 PART I, LINE 2: GRANTS ISSUED ARE REIMBURSEMENT-TYPE GRANTS IN WHICH SUBTANTIATING DOCUMENTATION IS REQUIRED TO BE PRESENTED FOR ISSUANCE OF GRANTS. FORM 990, PART VI, SECTION A, LINE 7A BYLAWS PROVIDE THAT THE SELECTION OF THE BOARD OF DIRECTORS BE DETERMINED AS FOLLOWS: 1 APPOINTED BY THE GOVERNOR; 1 APPOINTED BY THE SPEAKER OF THE HOUSE; 1 APPOINTED BY THE PRESIDENT PRO TEMPORE OF THE SENATE; 8 APPOINTED BY THE MEDICAL SOCIETY OF DELAWARE, INC. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE PRIOR TO FILING OF THE INFORMATION RETURN. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO ANNUALLY SIGN CONFLICT OF INTEREST STATEMENTS AND DISCLOSE ANY KNOWN OR POTENTIAL CONFLICTS OF INTEREST IN THESE STATEMENTS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE HELD WITH THE ORGANIZATION AND ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE COMPILATION OF THE FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. MEDICAL SOCIETY OF DELAWARE 651 N BROAD ST STE 304 MIDDLETOWN DE 19709 510061011 SUPPORTED ORGANIZATON DE 501(C)(6) N/A 0 HEALTH HUB LLC 651 N BROAD ST STE 304 MIDDLETOWN DE 19709 208021059 MEDICAL WEBSITE DE N/A 0 0 MEDNET LLC 651 N BROAD ST STE 304 MIDDLETOWN DE 19709 824329598 HEALTH SERVICES DE N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 MEDICAL SOCIETY OF DELAWARE B 48988 FMV MEDICAL SOCIETY OF DELAWARE P 48221 FMV