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Nonprofiteer
← BETHESDA FOUNDATION INC

Form 990 for tax year 2023

Filed by BETHESDA FOUNDATION INC.

Totals

Total revenue
$35,556,922
Total expenses
$8,807,419
Contributions and grants received
$17,835,325
Grants paid
$6,169,432
Program services expenses (Part IX)
$6,192,684
Management and general expenses
$2,145,536
Fundraising expenses
$469,199
Program service expenses (Part III)
$6,192,684

Program services were 70.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • CRAIG EISENTROUT MD

    TRUSTEE (END 6/24)

    Total calculated
    $0
    Hours/week
    1

  • GRANT HESSER

    TRUSTEE (END 6/24)

    Total calculated
    $0
    Hours/week
    1

  • EDMUND JONES MD

    TRUSTEE (END 6/24)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MARILYN DUKE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JOHN PROUT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ANDREW SWALLOW

    PRESIDENT & CEO

    Total calculated
    $441,876
    From this org
    $0
    From related orgs
    $362,361
    Other
    $79,515
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $0 + $268,243 related
    Bonus
    $0 + $82,331 related
    Other
    $0 + $11,787 related
    Deferred
    $0 + $44,243 related
    Nontaxable benefits
    $0 + $35,272 related
    Filer's total
    $0 + $441,876 related

  • RACHID ABDALLAH

    TRUSTEE (END 6/24)

    Total calculated
    $0
    Hours/week
    1

  • BILL GRAF

    SECRETARY (END 6/24)

    Total calculated
    $0
    Hours/week
    1

  • SPENCER CROPPER

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • KATHY GRIGG

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • KATHRYN O'KEEFE MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROBERT MITCHELL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARK CLEMENT

    TRUSTEE

    Total calculated
    $2,292,310
    From this org
    $0
    From related orgs
    $2,219,557
    Other
    $72,753
    Hours/week
    1 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,575,958 related
    Bonus
    $0 + $606,615 related
    Other
    $0 + $36,984 related
    Deferred
    $0 + $47,735 related
    Nontaxable benefits
    $0 + $25,018 related
    Filer's total
    $0 + $2,292,310 related

  • EDWARD CRANE MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • GAURANG GANDHI MD

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • LOREN HIRATZKA MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL SHEHATA MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • HECTOR MEDINA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JILL MILLER

    TRUSTEE

    Total calculated
    $460,858
    From this org
    $0
    From related orgs
    $357,358
    Other
    $103,500
    Hours/week
    1 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $262,579 related
    Bonus
    $0 + $88,779 related
    Other
    $0 + $6,000 related
    Deferred
    $0 + $67,635 related
    Nontaxable benefits
    $0 + $35,865 related
    Filer's total
    $0 + $460,858 related

  • TRACEY STOFA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARIE DREW

    TRUSTEE (END 6/24)

    Total calculated
    $0
    Hours/week
    1

  • STACEY MEYER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ASHWIN RAMPRASAD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JULIETTA SCHUSTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LAURA KUMLER

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $186,570
    From this org
    $0
    From related orgs
    $165,525
    Other
    $21,045
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $0 + $149,370 related
    Bonus
    $0 + $15,143 related
    Other
    $0 + $1,012 related
    Deferred
    $0 + $10,133 related
    Nontaxable benefits
    $0 + $10,912 related
    Filer's total
    $0 + $186,570 related

  • BETH SIMS

    SR DEVELOPMENT OFFICER

    Total calculated
    $136,946
    From this org
    $0
    From related orgs
    $106,315
    Other
    $30,631
    Hours/week
    60

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
ELIGIBLE EXECUTIVES (GENERALLY VICE PRESIDENT AND ABOVE) PARTICIPATE IN A PROGRAM THAT PROVIDES FOR SUPPLEMENTAL RETIREMENT BENEFITS. THE PAYMENT OF BENEFITS UNDER THE PROGRAM, IF ANY, IS ENTIRELY DEPENDENT UPON THE FACTS AND CIRCUMSTANCES UNDER WHICH THE EXECUTIVE TERMINATES EMPLOYMENT WITH THE ORGANIZATION. BENEFITS UNDER THE PROGRAM ARE UNFUNDED AND NON-VESTED. DUE TO THE SUBSTANTIAL RISK OF FORFEITURE PROVISION, THERE IS NO GUARANTEE THAT THESE EXECUTIVES WILL EVER RECEIVE ANY BENEFIT UNDER THE PROGRAM. ANY AMOUNT ULTIMATELY PAID UNDER THE PROGRAM TO THE EXECUTIVE IS REPORTED AS COMPENSATION ON FORM 990, SCHEDULE J, PART II, COLUMN B IN THE YEAR PAID. NONE OF THE INDIVIDUALS LISTED IN SCHEDULE J, PART II, RECEIVED A PAYMENT FROM A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN WHICH WAS TREATED AS TAXABLE COMPENSATION BY TRIHEALTH, INC.
PART I, LINE 3:
TRIHEALTH, INC., A RELATED ORGANIZATION OF BETHESDA FOUNDATION, INC., USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD/COMPENSATION COMMITTEE.
PART I, LINE 4A:
THE REPORTABLE INDIVIDUALS OF BETHESDA FOUNDATION, INC. ARE PAID BY TRIHEALTH, INC., A RELATED ORGANIZATION, RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3). TRIHEALTH, INC. HAS A STANDARD EMPLOYEE SEVERANCE PACKAGE. GENERAL SEVERANCE PAY IS BASED ON LENGTH OF SERVICE. IN ADDITION, NOTICE PAY, IF APPLICABLE UNDER TRIHEALTH, INC. POLICY, MAY BE ADDED TO THE SEVERANCE PACKAGE AND THE AMOUNT OF NOTICE PAY WILL BE DETERMINED BY HUMAN RESOURCES IN ACCORDANCE WITH TRIHEALTH, INC. POLICY. PAYMENTS OF SEVERANCE ARE CONDITIONED UPON SIGNING A SEPARATION AND RELEASE AGREEMENT. NO REPORTABLE INDIVIDUALS RECEIVED SEVERANCE PAYMENTS FROM TRIHEALTH, INC. DURING THE 2023 CALENDAR YEAR.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
13 May 2025
IRS schema version
2023v6.0
Source object
202541339349305304

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