Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $332,933

• 1f · All other contributions, gifts and grants

  $14,758,003

• 1g · Noncash contributions included above

  $231,194

• 3 · Investment income

  total $2,807,601 · excluded $2,807,601

• 7a · Gross sales of assets other than inventory

  securities $24,896,840

• 7b · Less cost or other basis and sales expenses

  securities $20,620,561

• 7c · Gain or loss

  securities $4,276,279

• 7d · Net gain or loss

  total $4,276,279 · excluded $4,276,279

• 8a · Fundraising events: gross income

  $240,328

• 8a · Fundraising events: contributions included on line 1c

  $332,933

• 8b · Fundraising events: direct expenses

  $321,942

• 8c · Net income from fundraising events

  total -$81,614 · excluded -$81,614

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $13,290,113 · program services $13,290,113

• 6 · Compensation of disqualified persons

  total $546,510 · program services $163,953 · management and general $54,651 · fundraising $327,906

• 7 · Other salaries and wages

  total $1,070,070 · management and general $355,638 · fundraising $714,432

• 8 · Pension plan contributions

  total $88,805 · program services $2,958 · management and general $26,230 · fundraising $59,617

• 9 · Other employee benefits

  total $171,584 · program services $11,011 · management and general $46,801 · fundraising $113,772

• 10 · Payroll taxes

  total $116,381 · program services $9,892 · management and general $29,968 · fundraising $76,521

• 11b · Fees: legal

  total $2,418 · management and general $1,209 · fundraising $1,209

• 11c · Fees: accounting

  total $59,600 · management and general $59,600

• 11f · Fees: investment management

  total $406,292 · management and general $406,292

• 11g · Fees: other

  total $168,375 · program services $1,419 · management and general $3,939 · fundraising $163,017

• 12 · Advertising and promotion

  total $31,248 · program services $3,125 · management and general $6,328 · fundraising $21,795

• 13 · Office expenses

  total $69,039 · program services $1,453 · management and general $53,773 · fundraising $13,813

• 16 · Occupancy

  total $185,025 · program services $16,190 · management and general $52,038 · fundraising $116,797

• 17 · Travel

  total $5,224 · management and general $1,107 · fundraising $4,117

• 19 · Conferences, conventions and meetings

  total $12,132 · management and general $2,866 · fundraising $9,266

• 22 · Depreciation, depletion and amortization

  total $40,469 · program services $3,541 · management and general $11,382 · fundraising $25,546

• 24a · Other expenses: BOARD DEVELOPMENT

  total $18,899 · management and general $11,339 · fundraising $7,560

• 24b · Other expenses: PROSPECT RESEARCH

  total $8,272 · management and general $827 · fundraising $7,445

• 24c · Other expenses: MEMBERSHIPS

  total $1,721 · management and general $201 · fundraising $1,520

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $553 · end of year $550

• 2 · Savings and temporary cash investments

  beginning of year $1,670,322 · end of year $504,989

• 3 · Pledges and grants receivable

  beginning of year $2,386,093 · end of year $4,868,782

• 9 · Prepaid expenses and deferred charges

  beginning of year $299,237 · end of year $169,874

• 10a · Land, buildings and equipment: cost or other basis

  $264,184

• 10b · Land, buildings and equipment: accumulated depreciation

  $149,408

• 10c · Land, buildings and equipment, net

  beginning of year $325,421 · end of year $114,776

• 11 · Investments: publicly traded securities

  beginning of year $88,315,753 · end of year $101,735,220

• 14 · Intangible assets

  end of year $1,181,960

• 15 · Other assets

  beginning of year $29,671,621 · end of year $31,414,579

• 17 · Accounts payable and accrued expenses

  beginning of year $450,401 · end of year $449,780

• 25 · Other liabilities

  beginning of year $4,084,453 · end of year $5,239,709

• 27 · Net assets without donor restrictions

  beginning of year $38,287,256 · end of year $48,140,166

• 28 · Net assets with donor restrictions

  beginning of year $79,846,890 · end of year $86,161,075

The filer's explanations (Part III)

PART I, LINE 3

SALARIES OF ALL OFFICERS AND KEY EMPLOYEES WERE ALIGNED WITH INDEPENDENT MARKET STUDIES THROUGH SULLIVAN, COTTER AND ASSOCIATES, INC., AN INDEPENDENT COMPENSATION CONSULTANT, AND DEEMED REASONABLE BASED ON EXPERTISE AND EXPERIENCE OF INDIVIDUALS. THE SALARY FOR THE PRESIDENT & CEO IS ESTABLISHED BY THE EXECUTIVE COMMITTEE OF THE FOUNDATION AND APPROVED BY THE BOARD OF DIRECTORS. OTHER OFFICERS AND KEY EMPLOYEE SALARIES ARE ESTABLISHED BY THE PRESIDENT AND CEO IN CONJUNCTION WITH THE INDEPENDENT SALARY SURVEY.

PART I, LINE 4B

LINE 4B: 457(F) NONQUALIFIED RETIREMENT PLAN, 2025 CONTRIBUTIONS WERE AS FOLLOWS: ERNESTINE MORGAN $181,443 & MATTHEW NOVAK $94,274.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER TRUSTS (6)

  INVESTMENT · FL

  Directly controlled by MORTON PLANT MEASE HEALTH CARE FOUNDATION INC