Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $58,254

• 1f · All other contributions, gifts and grants

  $259,845

• 1g · Noncash contributions included above

  $495

• 3 · Investment income

  total $141,371 · excluded $141,371

• 7a · Gross sales of assets other than inventory

  securities $3,111,147

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

  securities $3,549,499

• 7c · Gain or loss

  securities -$438,352

• 7d · Net gain or loss

  total -$438,352 · excluded -$438,352

• 8a · Fundraising events: gross income

  $55,618

• 8b · Fundraising events: direct expenses

  $31,967

• 8c · Net income from fundraising events

  total $23,651 · excluded $23,651

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $348,024 · program services $348,024

• 5 · Compensation of officers, directors and key employees

  total $28,000 · program services $14,000 · management and general $14,000

• 11f · Fees: investment management

  total $86,301 · management and general $86,301

• 11g · Fees: other

  total $24,441 · program services $21,791 · fundraising $2,650

• 13 · Office expenses

  total $5,768 · program services $1,776 · management and general $742 · fundraising $3,250

• 14 · Information technology

  total $13,567 · fundraising $13,567

• 16 · Occupancy

  total $2,923 · program services $900 · management and general $376 · fundraising $1,647

• 17 · Travel

  total $7,448 · program services $2,756 · management and general $4,320 · fundraising $372

• 24a · Other expenses: Physician Wellness Expe

  total $47,500 · management and general $47,500

• 24b · Other expenses: Indirect Special Event

  total $27,110 · fundraising $27,110

• 24c · Other expenses: Repairs and Maintenance

  total $1,170 · program services $360 · management and general $151 · fundraising $659

• 24d · Other expenses: Dues and Subscriptions

  total $546 · management and general $546

• 24e · All other expenses

  total $2,788 · program services $859 · management and general $359 · fundraising $1,570

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $151,267 · end of year $135,255

• 11 · Investments: publicly traded securities

  beginning of year $10,917,797 · end of year $8,938,592

• 17 · Accounts payable and accrued expenses

  beginning of year $160,514 · end of year $60,057

• 25 · Other liabilities

  beginning of year $0 · end of year $2,958

• 27 · Net assets without donor restrictions

  beginning of year $5,867,454 · end of year $3,808,554

• 28 · Net assets with donor restrictions

  beginning of year $5,041,096 · end of year $5,202,278

The filer's explanations (Part III)

Part I, Line 3

The Director of the Foundation is compensated by the organization's parent, Barton Healthcare System (Barton). Barton's executive team determines the compensation of the organization's Director of Foundation based on salary surveys and comparability data of other similar organizations.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• ACO Collaborative LLC

  Arrange for the provision of health care services · DE · general or managing partner

Related corporations and trusts

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

• BHC MSO LLC

  C · Management Services · DE