2025-05-13T18:19:14-05:00 2024-06-30 991856619 GRANT THORNTON ADVISORS LLC 2001 MARKET STREET SUITE 800 PHILADELPHIA PA 19103 990 2023-07-01 510319455 BEEBE MEDICAL FOUNDATION BEEB 3026442900 902 SAVANNAH ROAD LEWES DE 19958 RYAN KENNEDY TREASURER/BMC CFO 3026442900 2025-05-13 1 1 ALYCIA SOLECKI P01272637 2155614200 2023 2025-03-06 01:10:19Z DAVID TAM MD 902 SAVANNAH ROAD LEWES DE 19958 13241646 0 X WWW.BEEBEFOUNDATION.ORG X 1989 DE SEE SCHEDULE O THE MISSION OF BEEBE MEDICAL FOUNDATION IS TO IDENTIFY AND SECURE PHILANTHROPHIC SUPPORT AND INTEREST OF THE GREATER BEEBE HEALTHCARE COMMUNITY. 22 19 0 22 0 0 13348193 11374753 0 0 395958 675335 626473 509150 14370624 12559238 9381621 7321329 0 0 1589530 1544193 0 0 1559593 485772 438335 11456923 9303857 2913701 3255381 36613311 41613263 572430 370971 36040881 41242292 X THE MISSION OF BEEBE MEDICAL FOUNDATION IS TO IDENTIFY AND SECURE PHILANTHROPIC SUPPORT AND INTEREST OF THE GREATER BEEBE HEALTHCARE COMMUNITY FOR THE VARIOUS BUILDING PROGRAMS AND SERVICES PROVIDED BY BEEBE HEALTHCARE, INC. 0 0 7321329 7321329 SEE SCHEDULE O 7321329 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 4 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 1 0 CT DC FL MD NJ NY PA VA X JUSTEN ALBRIGHT 3026442900 902 SAVANNAH ROAD LEWES DE 19958 DAVID TAM MD DIRECTOR/BMC PRESIDENT & CEO 1.00 43.00 X X 0 1158498 47777 PAUL PERNICE TREASURER/BMC CFO (THRU JULY 2023) 0.00 0.00 X X 0 467326 10678 THOMAS PROTACK PRESIDENT, BEEBE MEDICAL FOUNDATION 40.00 0.00 X X 0 282647 16475 KATIE JOHNSON DIRECTOR/BMC PHYSICIAN 1.00 0.00 X 0 282237 31196 CHRISTIAN HUDSON CHAIR 1.00 0.00 X X 0 0 0 CHARLES BURTON VICE CHAIR 1.00 0.00 X X 0 0 0 STEVE QUIRICONI SEE SCH J TREASURER/BMC INTERIM CFO 1.00 43.00 X X 0 0 0 CINDY SZABO SECRETARY 1.00 0.00 X X 0 0 0 JASON ABELA DIRECTOR (BEG NOV 2023) 1.00 0.00 X 0 0 0 JACK BERBERIAN DIRECTOR 1.00 0.00 X 0 0 0 JENNIFER CARROLL DIRECTOR 1.00 0.00 X 0 0 0 ADAM DISABATINO DIRECTOR (BEG MAY 2024) 1.00 0.00 X 0 0 0 SEN GERALD HOCKER DIRECTOR 1.00 0.00 X 0 0 0 LYNN KOKJOHN DIRECTOR 1.00 0.00 X 0 0 0 ALAN LEVIN DIRECTOR 1.00 0.00 X 0 0 0 TERRY MEGEE DIRECTOR (THRU JULY 2023) 1.00 0.00 X 0 0 0 MARNIE OURSLER DIRECTOR (THRU SEP 2023) 1.00 0.00 X 0 0 0 KEITH PARSELL DIRECTOR 1.00 0.00 X 0 0 0 LEANNE PROSSER DIRECTOR (BEG NOV 2023) 1.00 0.00 X 0 0 0 ANN RASKAUSKAS DIRECTOR 1.00 0.00 X 0 0 0 SCOTT ROYAL DIRECTOR (THRU AUG 2023) 1.00 0.00 X 0 0 0 KHALIL SALIBA DIRECTOR 1.00 0.00 X 0 0 0 RICHARD SOKOLOV DIRECTOR 1.00 0.00 X 0 0 0 PAUL TOWNSEND DIRECTOR 1.00 0.00 X 0 0 0 BRADLEY L TRAVIS JR DIRECTOR 1.00 0.00 X 0 0 0 MINDI TUNNELL DIRECTOR 1.00 0.00 X 0 0 0 TED BECKER EMERITUS MEMBER 1.00 0.00 X 0 0 0 MICHAEL MEOLI EX-OFFICIO MEMBER (BEG JULY 2023) 1.00 0.00 X 0 0 0 ALICIA YOUNG EXECUTIVE DIRECTOR - FOUNDATION 40.00 0.00 X 0 138771 14592 0 2329479 120718 0 0 1 0 0 510765 1544193 255137 9064658 105453 11374753 675335 675335 1129932 510765 682408 447524 447524 TRUST INCOME 900099 61626 61626 61626 12559238 0 0 1184485 7273029 7273029 48300 48300 505068 90912 414156 698493 145801 552692 340632 57227 283405 39765 39765 216566 44635 171931 44845 11288 33557 37119 30619 6500 19516 1896 17620 2533 604 1929 188 188 DONOR CULTIVATION 77803 77803 9303857 7321329 422935 1559593 572430 370970 5951794 7488830 36644 9542 69050 67920 1319 1130 29225370 32111226 825754 1631565 0 0 36613311 41613263 572430 370971 0 0 572430 370971 X 7704392 8887160 28336489 32355132 36040881 41242292 36613311 41613263 X 3255381 2012157 -66127 X 0 1 X 1 0 X X 1 BEEBE MEDICAL CENTER INC 510067938 3 1 7321329 0 1 7321329 0 7309189 5178486 9272015 13348193 11374753 46482636 7309189 5178486 9272015 13348193 11374753 46482636 11299505 35183131 512610 369561 355824 395958 675335 2309288 101476 647655 1127955 953015 1191558 4021659 52813583 0.66620 0.66590 X 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15072100 188407 1928171 491541 3691 16693446 13636047 102809 1791418 458174 15072100 15154093 408799 -1583347 343498 13636047 11151747 426602 3881526 305782 15154093 9838772 125521 1426633 239179 11151747 0.34780 0.34060 0.31160 0 0 69050 67920 1130 1130 X PART V, LINE 4: INTENDED USE OF ORGANIZATION'S ENDOWMENT FUNDS: ANNUAL DISTRIBUTION OF 3.5% OF TRAILING 12 QUARTER MARKET VALUE TO PURCHASE EQUIPMENT, FUND SCHOLARSHIPS AND SUPPORT MEDICAL CENTER SERVICES AND PROGRAMS. PART X, LINE 2: FIN 48 (ASC 740) THE SYSTEM HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. BEEBE BASH 599720 419804 179916 5000 226224 6486 86309 BEEBE BALL 297520 89256 208264 5000 102710 6000 58775 15 743457 1705 741752 1000 20339 650 163916 1640697 510765 1129932 11000 349272 13136 309000 682408 447524 1 BEEBE MEDICAL CENTER 424 SAVANNAH ROAD LEWES DE 19958 510067938 501(C)(3) 7247131 20764 GENERAL SUPPORT FOR OPERATIONS, CAPITAL & SPECIAL NEEDS 1 0 BEEBE MEDICAL CENTER - NURSING SCH UNDER $5K 20 34500 SCHOLARSHIPS & AWARDS BEEBE MEDICAL CENTER - NURSING EXAM FEES 22 8800 NCLEX STUDENT EXAM FEES PART I, LINE 2: GRANTS TO BEEBE MEDICAL CENTER, INC. DONATIONS RECEIVED THAT ARE RESTRICTED FOR A SPECIFIC PURPOSE ARE RECORDED IN TEMPORARILY RESTRICTED FUND ACCOUNTS FOR THAT PURPOSE. MEDICAL CENTER DEPARTMENT DIRECTORS REQUEST FUNDS FOR EQUIPMENT AND SERVICES. REQUESTS ARE APPROVED BY THE VICE PRESIDENTS AND PRESIDENT/CEO AND ARE SUBMITTED TO THE FOUNDATION BOARD OF DIRECTORS FOR APPROVAL TO DISBURSE. EQUIPMENT, DIAGNOSTIC SERVICES AND PROGRAMS ARE PAID BY BEEBE MEDICAL CENTER AND BILLED TO THE FOUNDATION FOR REIMBURSEMENT. NURSING SCHOLARSHIPS ARE AWARDED ANNUALLY FROM RESTRICTED DONATIONS, TRUST INCOME AND ENDOWMENT SPENDING ALLOCATIONS. BEEBE SCHOOL OF NURSING HAS SCHOLARSHIP CRITERIA BASED ON MERIT OR FINANCIAL NEED OF STUDENTS. A SELECTION COMMITTEE REVIEWS APPLICATIONS AND AWARDS SCHOLARSHIP AMOUNTS TO STUDENTS BASED ON MEETING THE CRITERIA AND THE AMOUNT OF FUNDS AVAILABLE. 1 0 0 0 0 0 0 0 0 DAVID TAM MD DIRECTOR/BMC PRESIDENT & CEO 0 1041475 0 100000 0 17023 0 10596 0 37181 0 1206275 0 0 PAUL PERNICE TREASURER/BMC CFO (THRU JULY 2023) 0 326819 0 0 0 140507 0 7285 0 3393 0 478004 0 0 KATIE JOHNSON DIRECTOR/BMC PHYSICIAN 0 235238 0 37600 0 9399 0 4934 0 26262 0 313433 0 0 THOMAS PROTACK PRESIDENT, BEEBE MEDICAL FOUNDATION 0 272053 0 0 0 10594 0 5338 0 11137 0 299122 0 0 ALICIA YOUNG EXECUTIVE DIRECTOR - FOUNDATION 0 132748 0 0 0 6023 0 3631 0 10961 0 153363 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS OF BEEBE MEDICAL CENTER, INC. APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. AN INDEPENDENT COMPENSATION CONSULTANT IS UTILIZED TO COMPILE SALARY INFORMATION FOR THIS POSITION. MINUTES OF MEETINGS ARE MAINTAINED TO DOCUMENT DELIBERATION AND DECISIONS. FORM 990, PART VII - STEVE QUIRICONI EFFECTIVE APRIL 2023, STEVE QUIRICONI BECAME THE TREASURER FOR BEEBE MEDICAL FOUNDATION AND INTERIM CHIEF FINANCIAL OFFICER FOR BEEBE MEDICAL CENTER. STEVE QUIRICONI WAS PAID THROUGH WITTKIEFFER, AN INDEPENDENT CONSULTING FIRM. DURING CALENDAR YEAR 2023, BEEBE MEDICAL CENTER, A RELATED ORGANIZATION PAID $542,189 WITTKIEFFER FOR SERVICES PROVIDED TO THE ORGANIZATION THAT INCLUDED QUIRICONI'S COMPENSATION AS INTERIM CFO. X 1 53422 FMV X AUCTION ITEMS 1 52031 FMV 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). FORM 990, PART III, LINE 4A FISCAL 2024 ACCOMPLISHMENTS BEEBE MEDICAL FOUNDATION FUNDED CAPITAL EQUIPMENT PURCHASES FOR BEEBE MEDICAL CENTER AS FOLLOWS: $2,733,503 FAMILY RESIDENCY RENOVATIONS & EQUIPMENT; $1,451,188 CENTER FOR BREAST HEALTH CAPITAL RENOVATIONS; $483,858 CT SYSTEM FOR THE SPECIALTY SURGICAL HOSPITAL; $427,479 FOR LEWES CAMPUS RENOVATIONS; $96,831 FOR THE PHLEBOTOMY ROOM RENOVATIONS; $53,998 FOR STROKE SOFTWARE; $47,968 FOR WOMEN'S HEALTH SERVICES BASSINETS & SLEEPER CHAIRS; $32,302 FOR MARGARET H. ROLLINS SCHOOL OF NURSING CAPITAL ITEMS; AND $79,966 FOR OTHER MISC. CAPITAL ITEMS FOR VARIOUS DEPARTMENTS. BEEBE MEDICAL FOUNDATION FUNDED EXPENSES FOR OPERATIONAL EXPENSES PAID BY BEEBE MEDICAL CENTER AS FOLLOWS: $1,000,000 FOR USDA COVID GRANT; $278,930 FOR DE ARPA GRANTS, $152,322 FOR DSAMH GRANT; $83,690 FOR SAMHSA GRANTS; $56,657 FOR DEMA SECURITY GRANTS; $50,000 FOR A BEHAVIORAL HEALTH CONSULTANT; $52,206 FOR MOBILE HEALTH UNIT SUPPLIES; $40,000 FOR A FAMILY RESIDENCY PROGRAM CONSULTANT & FEASIBILITY REPORT; $33,495 FOR MARGARET H. ROLLINS SCHOOL OF NURSING FACULTY PROFESSIONAL DEVELOPMENT; $74,620 FOR OTHER MISC. OPERATIONAL EXPENSE ITEMS FOR VARIOUS DEPARTMENTS. BEEBE MEDICAL FOUNDATION FUNDED EXPENSES FOR PROGRAMS MANAGED BY BEEBE MEDICAL CENTER AS FOLLOWS: $65,000 FOR TUNNELL CANCER CENTER PATIENT SPECIAL NEEDS AND $120 FOR POPULATION HEALTH PATIENT SPECIAL NEEDS. OTHER EXPENSES OF: SCHOOL OF NURSING & BMC SCHOLARSHIPS OF: $48,300; GRANTS OF: 45,023. FORM 990, PART VI, SECTION A, LINE 6 BEEBE MEDICAL CENTER IS THE SOLE MEMBER OF BEEBE MEDICAL FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A BEEBE MEDICAL CENTER, INC. HAS THE POWER TO APPROVE THE ELECTION OF ANY DIRECTOR OF THE FOUNDATION AND AT LEAST A SIMPLE MAJORITY OF THE FOUNDATION'S BOARD MUST ALSO SERVE ON THE BOARD OF BEEBE MEDICAL CENTER, INC. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTIONS REQUIRE THE APPROVAL OF BEEBE MEDICAL CENTER, INC.: (1) ANY AMENDMENT OF THE FOUNDATION'S CHARTER, CERTIFICATE OF INCORPORATION, OR BYLAWS; (2) ELECTION OR REMOVAL OF ANY DIRECTOR, INCLUDING REPLACEMENT OF DIRECTORS IN THE EVENT OF A VACANCY; (3) ANY SALE OR LEASE OF FOUNDATION PROPERTY THAT HAS BEEN DONATED; (4) ANY BORROWING ON BEHALF OF THE FOUNDATION; AND (5) DISSOLUTION OF BEEBE MEDICAL FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED INTERNALLY BY MANAGEMENT OF BEEBE MEDICAL CENTER, INC. THE RETURN IS REVIEWED BY A THIRD PARTY ACCOUNTING FIRM, GRANT THORNTON ADVISORS LLC. A COPY OF THE FORM 990 WAS PROVIDED TO THE GOVERNING BODY BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C BEEBE MEDICAL FOUNDATION ADOPTED THE FORMAL WRITTEN CONFLICT OF INTEREST POLICY OF BEEBE MEDICAL CENTER, INC. CONFLICT OF INTEREST STATEMENTS ARE REQUIRED ANNUALLY FOR ALL BOARD MEMBERS, EXECUTIVES AND ALL MANAGEMENT TEAM MEMBERS. NON-MANAGEMENT TEAM MEMBERS ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST STATEMENT UPON HIRE. CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY THE BOARD AND AUDIT COMMITTEE FOR THE EXISTENCES OF ANY ADVERSE INTEREST. IF ANY CONFLICT ARISES THE INTERESTED PARTY IS PROHIBITED FROM PARTICIPATING IN THE DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15B THE BOARD OF DIRECTORS OF BEEBE MEDICAL CENTER AND BEEDE MEDICAL FOUNDATION APPROVE THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES (IF ANY). AN INDEPENDENT CONSULTANT IS UTILIZED TO COMPILE SALARY INFORMATION FOR THIS POSITION. MINUTES OF THE MEETINGS ARE MAINTAINED TO DOCUMENT DELIBERATIONS AND DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ENDOWMENT TRANSFERS -66,127. BEEBE MEDICAL CENTER INC 424 SAVANNAH ROAD LEWES DE 19958 510067938 HEALTHCARE DE 501(C)(3) LINE 3 N/A 0 BEEBE PHYSICIAN NETWORK PO BOX 760 LEWES DE 19958 522011066 PHYS SERVICES DE 501(C)(3) LINE 9 BEEBE MED CENTER 0 BEEBE HEALTHCARE INC 424 SAVANNAH ROAD LEWES DE 19958 931478145 HEALTHCARE DE 501(C)(3) LINE 12B, II BEEBE MED CENTER 0 PERPETUAL TRUST INVESTMENT DE T 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0