2026-05-14T10:39:32+00:00 2025-06-30 440160260 Forvis Mazars LLP One Oak Plaza Suite 300 Asheville NC 28801 990 2024-07-01 521680647 CalvertHealth Foundation Inc CALV 4105354000 100 Hospital Road Prince Frederick MD 20678 Jeremy Bradford President & CEO 2026-05-14 true true Amy Bibby P00445891 8282542254 2026-05-08 2024 2025-03-06 01:10:19Z Jeremy Bradford 100 Hospital Road Prince Frederick MD 20678 2586806 false X https://calverthealthfoundation.org/ X 1989 MD The CalvertHealth Foundation is focused on the development, optimization and operation of multiple charitable donation programs to maximize support for CalvertHealth Medical Center and its subsidiaries whose vision is to provide exceptional care and make a difference in every life they touch. 14 13 0 43 0 2302942 2354515 0 0 422438 232291 -41152 -83458 2684228 2503348 1333601 1008400 0 0 0 0 0 0 280 101709 119005 1435310 1127405 1248918 1375943 7698255 9225828 138100 101402 7560155 9124426 The CalvertHealth Foundation is focused on the development, optimization and operation of multiple charitable donation programs to maximize support for CalvertHealth Medical Center and its subsidiaries whose vision is to provide exceptional care and make a difference in every life they touch. false false 1028413 928400 The principle mission of the Foundation is to support CalvertHealth Medical Center, Inc. In FY 2025, the Foundation provided support in the amount of $426,470 to CalvertHealth Medical Center, Inc. This year, support was also provided to CalvertHealth Medical Group in the amount of $501,930. 80000 80000 The second principle mission of the Foundation is to administer the scholarship endowment funds for the benefit of nursing, allied health and medical doctorate students in support of CalvertHealth Medical Center, Inc. In FY 2025, the Foundation awarded $80,000 in scholarships. 1108413 true true false false false false false false false true false false false false true true false true false false false false false false true false false true true true false false false false false false false false false false false false false false false true false false false false true X 1 0 true 0 false false false false false true true false false false false false false X 14 13 false false false false true true true true true false false false true true true true true true false false false false X Carolyn Heithaus CFO 4105358241 100 Hospital Road Prince Frederick MD 20678 Barry Friedman Vice Chair 1.0 0.0 X X 0 0 0 Bob Carpenter Second Vice Chair 5.0 0.0 X X 0 0 0 Frank Smith Chair/Secretary - Treasurer 1.0 0.0 X X 0 0 0 Grace Anastasi Nominating Chair 2.0 0.0 X X 0 0 0 Jeremy Bradford Ex-Officio - CEO 1.0 43.0 X X 0 832944 132298 Chad Day Trustee (Started 1/1/25) 1.0 0.0 X 0 0 0 Dixie Miller Trustee 1.0 0.0 X 0 0 0 Dwayne Hooper Trustee 1.0 0.0 X 0 0 0 John Michael Brooks Trustee (Started 1/1/25) 1.0 0.0 X 0 0 0 Julie Cornellier Trustee 12.0 0.0 X 0 0 0 Maria Icaza Trustee 2.0 0.0 X 0 0 0 Nickie Danisha Zancan Trustee 5.0 0.0 X 0 0 0 Tamika Tremaglio Trustee 2.0 0.0 X 0 0 0 William Gaines Trustee 2.0 0.0 X 0 0 0 Carolyn Heithaus Ex-Officio - CFO 1.0 43.0 X 0 717131 69069 0 1550075 201367 0 false true false 0 368597 1985918 2354515 0 0 0 0 0 232291 232291 0 0 0 0 0 368597 83458 -83458 -83458 0 0 0 0 0 2503348 0 0 148833 928400 928400 80000 80000 61344 51554 9645 145 37098 31177 5834 87 14640 12304 2302 34 Nourishments 5923 4978 931 14 0 0 0 0 1127405 1108413 18712 280 3150461 4309208 360899 258915 0 0 5242 16404 0 0 0 4181653 4641301 0 0 0 0 7698255 9225828 62641 63116 0 75459 38286 138100 101402 X 4148001 4571110 3412154 4553316 7560155 9124426 7698255 9225828 1375943 188328 0 X X false true true false X X X 1 CALVERThealth medical center Inc 520619000 3 true 928400 180013 1 928400 180013 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 986410 0 986410 986310 100 986410 975310 11000 986310 475310 500000 975310 475310 475310 0.0 1.0 0.0 false false Federal Income Taxes DUE TO RELATED PARTIES 38286 38286 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part V, Line 4 Intended uses of endowment funds EARNINGS FROM THE ENDOWMENT FUNDS ARE USED TO PROVIDE HEALTHCARE RELATED EDUCATIONAL SCHOLARSHIPS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation is exempt from federal income tax under section 501(c)(3) of the IRC as a public charity. The Foundation is entitled to rely on this determination as long as there are no substantial changes in its character, purposes, or methods of operation. Management has concluded that there have been no such changes and, therefore, the Foundation's status as a public charity exempt from federal income taxation remains in effect. The state in which the Foundation operates also provides general exemption from state income taxation for organizations that are exempt from federal income taxation. However, the Foundation is subject to both federal and state income taxation at corporate tax rates on its unrelated business income. Exemption from other state taxes, such as real and personal property taxes, is separately determined. The Foundation had no unrecognized tax benefits or such amounts were immaterial during the periods presented. For tax periods with respect to which no unrelated business income was recognized, no tax return was required. Management has also considered the impact of unrelated business activities and has concluded that the Foundation is not subject to unrelated business tax or any other taxes that could be imposed by the IRC or state taxing authorities. As such, no provision is made for income taxes and no asset or liability has been recognized for deferred taxes. 5K Run / Walk 183550 183550 0 29284 Golf Tournament 120650 120650 0 42694 2 64397 64397 0 11480 368597 368597 0 83458 83458 -83458 true CalvertHealth Medical Center Inc 100 Hospital Road Prince Frederick MD 20678 520619000 501(c)(3) 426470 Fund capital equipment purchases and program services. CalvertHealth Medical Group LLC 101 Hospital Road Prince Frederick MD 20678 263828176 n/a 501930 Fund capital equipment purchases and program services. 2 0 Scholarships - Allied Health 10 30000 Scholarships - Medical Doctor 5 50000 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds (A) THE CalvertHealth Foundation, Inc. ADMINISTERS A SCHOLARSHIP FUND FOR STUDENTS PARTICIPATING IN NURSING OR OTHER ALLIED HEALTH PROFESSIONS. THE SCHOLARSHIP AWARDS ARE FUNDED WITH THE ANNUAL EARNINGS ON A PERMANENTLY RESTRICTED ENDOWMENT. THE FOUNDATION BOARD OF DIRECTORS REVIEWS THE AVAILABLE FUNDING ON ANNUAL BASIS AND MAKES A MOTION TO ALLOW A SCHOLARSHIP COMMITTEE TO AWARD THE ACCEPTED FUNDING TO APPLICANTS. THE SCHOLARSHIP COMMITTEE, APPOINTED BY THE CHMC FOUNDATION BOARD OF DIRECTORS, IS RESPONSIBLE FOR REVIEWING APPLICATIONS AND MAKING RECOMMENDED AWARDS TO ELIGIBLE APPLICANTS. THE APPLICATION PROCESS IS OPEN TO ANY STUDENT THAT IS CURRENTLY ADMITTED TO A NURSING OR ALLIED HEALTH PROGRAM AT AN ACCREDITED COLLEGE OR UNIVERSITY. THE APPLICANTS ARE NOT REQUIRED TO BE EMPLOYEES OF ANY CALVERT HEALTH SYSTEM, INC. ENTITY. THE STUDENT MUST SUBMIT AN APPLICATION, TRANSCRIPTS, LETTER OF ACCEPTANCE AND REFERENCES BY A SPECIFIED DATE EACH YEAR. THE SCHOLARSHIP POLICY SETS FORTH THE FOLLOWING MINIMUM ELIGIBILITY REQUIREMENTS: 1. STUDENT MUST BE ADMITTED TO A NURSING OR ALLIED HEALTH PROGRAM. 2. STUDENT MUST HAVE A MINIMUM ACADEMIC GPA OF 2.5. 3. PREFERENCE IS GIVEN TO RESIDENTS OF CALVERT AND ANNE ARUNDEL COUNTIES, SECOND PREFERENCE GIVEN TO RESIDENTS OF CHARLES & ST. MARY'S COUNTIES. 4. QUALIFIED APPLICANTS ARE SELECTED WITHOUT REGARD TO RACE, CREED, COLOR, RELIGION OR GENDER. ONCE, THE APPLICANTS HAVE BEEN AWARDED A SCHOLARSHIP, THEIR ANNUAL SCHOLARSHIP AWARD IS ISSUED DIRECTLY TO THE ACCREDITED COLLEGE OR UNIVERSITY TO BE APPLIED TOWARD TUITION EXPENSE ONLY. THE ISSUANCE OF PAYMENT DIRECTLY TO THE EDUCATIONAL INSTITUTION ALLOWS THE FOUNDATION TO MONITOR THE USE OF FUNDS. (B) THE CalvertHealth Foundation, Inc. ALSO ADMINISTERS A SCHOLARSHIP FUND FOR STUDENTS PURSUING A MEDICAL DOCTORATE. THE SCHOLARSHIPS ARE FUNDED WITH THE ANNUAL EARNINGS ON A PERMANENTLY RESTRICTED ENDOWMENT. THE QUANTITY OF SCHOLARSHIPS AWARDED EACH YEAR IS DEPENDENT ON THE NUMBER OF QUALIFIED APPLICANTS AND THE AVAILABLE EARNINGS. HOWEVER, THE INDIVIDUAL AWARD MAY NOT EXCEED $10,000. THE SELECTION OF QUALIFIED APPLICANTS IS MADE BY A COMMITTEE THAT INCLUDES MEMBERS OF THE CALVERT COUNTY MEDICAL SOCIETY, CALVERThealth medical center MEDICAL STAFF, CalvertHealth Foundation, Inc. BOARD OF DIRECTORS AND THE CHIEF FINANCIAL OFFICER OF CALVERThealth medical center. THE APPLICATION PROCESS IS OPEN TO ANY STUDENT THAT GRADUATED FROM A CALVERT COUNTY HIGH SCHOOL AND HAS BEEN ACCEPTED INTO AN ACCREDITED MEDICAL SCHOOL PROGRAM. THE APPLICANTS ARE NOT REQUIRED TO BE EMPLOYEES OF ANY CALVERT HEALTH SYSTEM, INC. ENTITY. THE STUDENT MUST SUBMIT AN APPLICATION, TRANSCRIPTS, LETTER OF ACCEPTANCE AND REFERENCES BY A SPECIFIED DATE EACH YEAR. THE SCHOLARSHIP POLICY SETS FORTH THE FOLLOWING MINIMUM ELIGIBILITY REQUIREMENTS: 1. STUDENT MUST HAVE GRADUATED FROM A HIGH SCHOOL LOCATED IN CALVERT COUNTY, MD. 2. STUDENT MUST BE ADMITTED TO AN ACCREDITED MEDICAL SCHOOL AT TIME OF APPLICATION. 3. STUDENT SHALL HAVE A MINIMUM GPA OF 2.5. 4. QUALIFIED APPLICANTS ARE SELECTED WITHOUT REGARD TO RACE, CREED, COLOR, RELIGION OR GENDER. 5. STUDENT MUST HAVE SUBMITTED A COMPLETED APPLICATION. ONCE, THE APPLICANTS HAVE BEEN AWARDED A SCHOLARSHIP, THEIR ANNUAL SCHOLARSHIP AWARD IS ISSUED DIRECTLY TO THE ACCREDITED COLLEGE OR UNIVERSITY TO BE APPLIED TOWARD TUITION EXPENSE ONLY. THE ISSUANCE OF PAYMENT DIRECTLY TO THE EDUCATIONAL INSTITUTION ALLOWS THE FOUNDATION TO MONITOR THE USE OF FUNDS. false true false false false false false false false Jeremy Bradford Ex-Officio - CEO 0 630332 0 202256 0 356 0 110256 0 22042 0 965242 0 0 Carolyn Heithaus Ex-Officio - CFO 0 462103 0 69986 0 185042 0 68415 0 654 0 786200 0 0 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE FOLLOWING EMPLOYEES CONTRIBUTED TO (EMPLOYEE AND EMPLOYER PORTION) A RELATED ORGANIZATION'S 457(F) DEFERRED COMPENSATION PLAN: Jeremy Bradford: $95,091 Carolyn Heithaus: $52,890 Schedule J, Part I, Line 3 CALVERThealth medical center COMPENSATES THE EXECUTIVE OF THE ORGANIZATION AND THE ORGANIZATION RELIES ON CALVERThealth medical center TO UTILIZE THE FOLLOWING METHODS IN ESTABLISHING COMPENSATION: -CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION-MAKING PROCESS -Form 990 of other organizations -WRITTEN EMPLOYMENT CONTRACT -INDEPENDENT COMPENSATION CONSULTANT -COMPENSATION SURVEY OR STUDY -APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE Form 990, Part V, Line 8 THE ORGANIZATION DID NOT COMPLETE PART V, LINES 8 & 9 BECAUSE IT DID NOT SPONSOR ANY DONOR ADVISED FUNDS. Form 990, Part VI, Line 15 CalvertHealth Medical Center, Inc. compensates the executive of the organization and the organization relies on CalvertHealth Medical Center, Inc. to utilize the following methods in establishing compensation: contemporaneous substantiation of the decision-making process, Form 990 of other reorganizations, written employment contract, independent compensation consultant, compensation survey or study, and approval by the board or compensation committee. Form 990, Part VI, Line 6 Classes of members or stockholders The sole member of the Foundation shall be CalvertHealth Medical Center, Inc. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The member shall have the power to elect and remove Trustees. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The member shall have an exercise all powers conferred upon members of non-stock corporations by the laws of the State of Maryland, including, without limitation, the power to approve any amendment to the Charter or Bylaws of the Foundation and the power to elect and remove Trustees. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE OF THE CALVERT HEALTH SYSTEM, INC. BOARD OF DIRECTORS AFTER COMPLETION AND PRIOR TO SUBMISSION TO THE IRS. THE DOCUMENT IS DELIVERED TO THE COMMITTEE MEMBERS PRIOR TO THE COMMITTEE MEETING SO THAT THEY CAN REVIEW THE INFORMATION AND RESPOND TO OR QUESTION ANY OR ALL OF THE DATA. THE CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER ARE PRESENT AT THE AUDIT COMMITTEE MEETING. Form 990, Part VI, Line 12c Conflict of interest policy Calvert Health System, Inc. and Subsidiaries (The Health System) have a conflict of interest process. At it's core are three distinct policies; one each for the Board of Directors, Medical Staff, and all Employees and associates of the Health System. These policies require all organization leadership, as well as rank and file associates in key positions or with relationships with outside parties that do business with the Health System, to disclose any actual or potential conflict of interest. Annual disclosures are required and documented with a further requirement to promptly supplement when an actual or potential conflict is discovered or created. The Health System require that these policies by construed broadly to avoid the appearance of improper activity and requires disclosure and resolution of potential conflicts as well. The process is overseen by the Chief Compliance Officer of the Health System who has access to external resources, including outside counsel. Remedies range from disclosure and monitoring for the most attenuated potential conflicts to resignation/termination for unresolvable conflicts. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XII, Line 2b THE FINANCIAL STATEMENTS OF THE ORGANIZATION ARE AUDITED BY AN INDEPENDENT ACOUNTING FIRM AS PART OF THE CONSOLIDATED AUDIT OF THE HEALTH SYSTEM. Form 990, Part XII, Line 2c Change of oversight process or selection process The process has not changed from the prior year. CalvertHealth Medical Center Inc 100 HOSPITAL RD PRINCE FREDERICK MD 20678 520619000 HEALTHCARE MD 501(c)(3) 3 Calvert Health System false CALVERT HEALTH SYSTEM INC 100 HOSPITAL RD PRINCE FREDERICK MD 20678 522347324 HEALTHCARE MD 501(c)(3) 3 na false Corelife Calvert Partnership LLC 1099 Winterson Rd Ste 300 Linthicum Heights MD 21090 843544145 Healthcare MD NA N/A false false false true false false false false false false false false false true false true true true true false false