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Nonprofiteer
← TEMPLE UNIVERSITY HEALTH SYSTEM FOUNDATION

Form 990 for tax year 2022

Filed by TEMPLE UNIVERSITY HEALTH SYSTEM FOUNDATION.

Totals

Total revenue
$451,845
Total expenses
$25
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$451,845
Other revenue
$0
Total assets, end of year
$51,142,893
Total liabilities, end of year
$39,160
Net assets or fund balances, end of year
$51,103,733
Program services expenses (Part IX)
$0
Management and general expenses
$25
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $431,046 · excluded $431,046

  • 7a · Gross sales of assets other than inventory

    securities $20,799

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

    securities $0

  • 7c · Gain or loss

    securities $20,799

  • 7d · Net gain or loss

    total $20,799 · excluded $20,799

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $25 · management and general $25

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $14,266,312 · end of year $14,674,299

  • 4 · Accounts receivable

    beginning of year $238,499 · end of year $302,544

  • 11 · Investments: publicly traded securities

    beginning of year $25,016,255 · end of year $29,212,394

  • 12 · Investments: other securities

    beginning of year $7,563,722 · end of year $6,953,656

  • 17 · Accounts payable and accrued expenses

    beginning of year $35,759 · end of year $39,160

  • 29 · Capital stock, trust principal or current funds

    beginning of year $35,734,576 · end of year $38,814,196

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $11,314,453 · end of year $12,289,537

Mission and programs · 2022

Mission

Temple University Health System Foundation accepts contributions and makes grants to support Temple University Health System, Inc. and Temple University Hospital, Inc. and their affiliates that provide health care services.

  • Net investment losses from 7/1/2022 through 6/30/23.

As filed on the 2022 return.

Listed in Part VII

  • Chip W Marshall III

    President

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • Nicholas Barcellona

    Treasurer

    Total calculated
    $879,139
    From this org
    $0
    From related orgs
    $833,523
    Other
    $45,616
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $641,242 related
    Bonus
    $0 + $161,725 related
    Other
    $0 + $30,556 related
    Deferred
    $0 + $13,725 related
    Nontaxable benefits
    $0 + $31,891 related
    Filer's total
    $0 + $879,139 related

  • Sandra Harmon-Weiss

    Ex Officio

    Total calculated
    $0
    Hours/week
    1 + 8 related

  • Christopher McNichol

    Member

    Total calculated
    $0
    Hours/week
    1 + 8 related

  • Paul Curcillo II

    Member

    Total calculated
    $473,131
    From this org
    $0
    From related orgs
    $411,707
    Other
    $61,424
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $396,707 related
    Bonus
    $0 + $15,000 related
    Other
    $0
    Deferred
    $0 + $30,500 related
    Nontaxable benefits
    $0 + $30,924 related
    Filer's total
    $0 + $473,131 related

  • John Ryan

    Secretary

    Total calculated
    $770,935
    From this org
    $0
    From related orgs
    $726,123
    Other
    $44,812
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $589,214 related
    Bonus
    $0 + $128,775 related
    Other
    $0 + $8,134 related
    Deferred
    $0 + $12,634 related
    Nontaxable benefits
    $0 + $32,178 related
    Filer's total
    $0 + $770,935 related

  • Charna Wright

    Asst Secretary (until 10/20/22)

    Total calculated
    $108,802
    From this org
    $0
    From related orgs
    $89,226
    Other
    $19,576
    Hours/week
    1 + 49 related

  • Michael DiFranco

    Assistant Treasurer

    Total calculated
    $344,918
    From this org
    $0
    From related orgs
    $313,586
    Other
    $31,332
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $249,789 related
    Bonus
    $0 + $63,797 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $31,332 related
    Filer's total
    $0 + $344,918 related

  • Tausha Saunders

    Asst Secretary (from 10/20/22)

    Total calculated
    $76,810
    From this org
    $0
    From related orgs
    $72,616
    Other
    $4,194
    Hours/week
    1 + 49 related

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, and on a Form 990-PF Part VIII's — 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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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

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

No itemized grants to organizations 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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

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

  • TUHS Insurance Company Ltd

    C · Reinsurance · BD

    Directly controlled by TUHS Inc

  • Fox Chase Ltd

    C · Health Care · PA

    Directly controlled by American Oncologic Hospital

Provenance

Return type
form_990
Tax year
2022
Filed
9 May 2024
IRS schema version
2022v5.0
Source object
202411309349304101

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