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Nonprofiteer
← THE NEMOURS FOUNDATION

Form 990 for tax year 2023

Filed by THE NEMOURS FOUNDATION.

Totals

Total revenue
$2,085,972,065
Total expenses
$1,828,571,024
Contributions and grants received
$331,577,707
Grants paid
$33,875,831
Program service revenue
$1,624,837,287
Investment income
$46,290,145
Other revenue
$83,266,926
Total assets, end of year
$3,058,493,548
Total liabilities, end of year
$767,862,302
Net assets or fund balances, end of year
$2,290,631,246
Program services expenses (Part IX)
$1,482,584,981
Management and general expenses
$332,542,848
Fundraising expenses
$13,443,195
Program service expenses (Part III)
$1,482,584,981

Program services were 81.1% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $838,164

  • 1d · Related organizations

    $245,948,026

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $84,791,517

  • 1g · Noncash contributions included above

    $88,381

  • 2a · Program service revenue: Gross patient revenue

    total $4,562,957,027 · related or exempt $4,562,957,027 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Patient deductions

    total -$2,924,264,202 · related or exempt -$2,924,264,202 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: Provisions for bad debts

    total -$47,670,939 · related or exempt -$47,670,939 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: Net research grants

    total $33,084,618 · related or exempt $33,084,618 · unrelated business $0 · excluded $0

  • 2e · Program service revenue: Electronic health record revenue

    total $730,783 · related or exempt $730,783 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $37,746,487 · related or exempt $0 · unrelated business -$64,212 · excluded $37,810,699

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $2,588,946 · related or exempt $0 · unrelated business $0 · excluded $2,588,946

  • 6a · Gross rents

    real property $604,214 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $604,214 · personal property $0

  • 6d · Net rental income or loss

    total $604,214 · related or exempt $0 · unrelated business $0 · excluded $604,214

  • 7a · Gross sales of assets other than inventory

    securities $158,481,790 · other assets $0

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

    securities $149,938,132 · other assets $0

  • 7c · Gain or loss

    securities $8,543,658 · other assets $0

  • 7d · Net gain or loss

    total $8,543,658 · related or exempt $0 · unrelated business $0 · excluded $8,543,658

  • 8a · Fundraising events: gross income

    $54,944

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

    $838,164

  • 8b · Fundraising events: direct expenses

    $422,369

  • 8c · Net income from fundraising events

    total -$367,425 · unrelated business $0 · excluded -$367,425

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11a · Other revenue: Specialized services

    total $64,458,270 · related or exempt $64,458,270 · unrelated business $0 · excluded $0

  • 11b · Other revenue: Continuing medical education

    total $9,578,688 · related or exempt $9,578,688 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $6,404,233 · related or exempt $6,404,233 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $80,441,191

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $33,366,720 · program services $33,366,720

  • 2 · Grants to domestic individuals

    total $509,111 · program services $509,111

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $21,766,919 · program services $0 · management and general $21,766,919 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $3,771,591 · program services $0 · management and general $3,771,591 · fundraising $0

  • 7 · Other salaries and wages

    total $908,315,103 · program services $758,167,809 · management and general $144,361,132 · fundraising $5,786,162

  • 8 · Pension plan contributions

    total $50,179,778 · program services $41,884,906 · management and general $7,975,216 · fundraising $319,656

  • 9 · Other employee benefits

    total $111,277,965 · program services $92,883,373 · management and general $17,685,727 · fundraising $708,865

  • 10 · Payroll taxes

    total $59,120,279 · program services $49,347,514 · management and general $9,396,156 · fundraising $376,609

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $5,104,420 · program services $3,157,657 · management and general $1,827,311 · fundraising $119,452

  • 11c · Fees: accounting

    total $911,559 · program services $563,902 · management and general $326,325 · fundraising $21,332

  • 11d · Fees: lobbying

    total $532,201 · program services $0 · management and general $532,201 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $1,223,000 · fundraising $1,223,000

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $124,703,521 · program services $91,408,557 · management and general $31,635,887 · fundraising $1,659,077

  • 12 · Advertising and promotion

    total $12,312,311 · program services $9,519,736 · management and general $1,303,955 · fundraising $1,488,620

  • 13 · Office expenses

    total $189,067,547 · program services $166,855,252 · management and general $21,747,033 · fundraising $465,262

  • 14 · Information technology

    total $33,782,376 · program services $20,759,094 · management and general $12,981,124 · fundraising $42,158

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $49,515,838 · program services $40,517,731 · management and general $8,836,410 · fundraising $161,697

  • 17 · Travel

    total $8,392,485 · program services $7,723,686 · management and general $460,989 · fundraising $207,810

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $4,126,783 · program services $3,616,628 · management and general $450,171 · fundraising $59,984

  • 20 · Interest

    total $12,108,394 · program services $12,108,394 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $94,163,824 · program services $69,233,362 · management and general $24,798,768 · fundraising $131,694

  • 23 · Insurance

    total $38,259,272 · program services $29,819,094 · management and general $8,440,178

  • 24a · Other expenses: Subscriptions (Databases, magazines & books)

    total $21,717,463 · program services $19,247,937 · management and general $2,419,574 · fundraising $49,952

  • 24b · Other expenses: Maintenance contracts - Miscellaneous

    total $10,876,174 · program services $5,294,458 · management and general $5,581,536 · fundraising $180

  • 24c · Other expenses: Repairs and maintenance

    total $10,474,188 · program services $5,098,774 · management and general $5,375,241 · fundraising $173

  • 24d · Other expenses: Employee recruitment and advertising

    total $4,335,470 · program services $4,040,603 · management and general $184,625 · fundraising $110,242

  • 24e · All other expenses

    total $18,656,732 · program services $17,460,683 · management and general $684,779 · fundraising $511,270

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $67,950,267 · end of year $49,051,014

  • 2 · Savings and temporary cash investments

    beginning of year $608,511,430 · end of year $496,050,436

  • 3 · Pledges and grants receivable

    beginning of year $39,381,062 · end of year $110,432,937

  • 4 · Accounts receivable

    beginning of year $318,791,935 · end of year $368,928,306

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $7,902,619 · end of year $9,131,762

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,549,888 · end of year $28,323,657

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

    $2,119,811,800

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

    $1,072,511,745

  • 10c · Land, buildings and equipment, net

    beginning of year $1,023,293,191 · end of year $1,047,300,055

  • 11 · Investments: publicly traded securities

    beginning of year $455,957,749 · end of year $678,212,118

  • 12 · Investments: other securities

    beginning of year $151,879,280 · end of year $188,108,887

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $2,973,436 · end of year $3,001,216

  • 15 · Other assets

    beginning of year $75,036,351 · end of year $79,953,160

  • 17 · Accounts payable and accrued expenses

    beginning of year $177,294,295 · end of year $196,904,344

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $4,859,599 · end of year $11,608,297

  • 20 · Tax-exempt bond liabilities

    beginning of year $241,656,116 · end of year $231,647,551

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $90,475,000 · end of year $89,025,000

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $272,134,528 · end of year $238,677,110

  • 27 · Net assets without donor restrictions

    beginning of year $1,683,107,487 · end of year $1,887,356,310

  • 28 · Net assets with donor restrictions

    beginning of year $304,700,183 · end of year $403,274,936

Mission and programs · 2023

Mission

Nemours mission is to provide leadership, institutions, and services to restore and improve the health of children through care and programs not readily available, with one high standard of quality and distinction regardless of the recipient's financial status.

  • See Schedule H, Part VI

    Expenses $1,482,584,981 · Grants $33,875,831 · Revenue $1,705,278,478

As filed on the 2023 return.

Listed in Part VII

  • R Lawrence Moss MD

    President and CEO

    Total calculated
    $2,651,609
    From this org
    $2,338,500
    From related orgs
    $0
    Other
    $313,109
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,384,589
    Bonus
    $735,582
    Other
    $218,329
    Deferred
    $275,877
    Nontaxable benefits
    $37,232
    Filer's total
    $2,651,609

  • Christian Pizarro MD

    Chair, Dept of Cardiac Services, DV

    Total calculated
    $2,329,167
    From this org
    $2,280,123
    From related orgs
    $0
    Other
    $49,044
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,978,583
    Bonus
    $298,113
    Other
    $3,427
    Deferred
    $0
    Nontaxable benefits
    $49,044
    Filer's total
    $2,329,167

  • Peter D Wearden MD

    Chair, Cardiovascular Svcs FL, Dir of Early Autism

    Total calculated
    $1,852,490
    From this org
    $1,818,761
    From related orgs
    $0
    Other
    $33,729
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,546,041
    Bonus
    $210,758
    Other
    $61,962
    Deferred
    $0
    Nontaxable benefits
    $33,729
    Filer's total
    $1,852,490

  • Robert D Bridges

    Former Officer (End Dec '22)

    Total calculated
    $1,683,126
    From this org
    $1,617,233
    From related orgs
    $0
    Other
    $65,893
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $34,961
    Bonus
    $285,493
    Other
    $1,296,779
    Deferred
    $34,743
    Nontaxable benefits
    $31,150
    Filer's total
    $1,683,126

  • Mark Mumford

    EVP, Chief Operating Officer

    Total calculated
    $1,677,210
    From this org
    $1,498,626
    From related orgs
    $0
    Other
    $178,584
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $935,972
    Bonus
    $522,804
    Other
    $39,850
    Deferred
    $139,807
    Nontaxable benefits
    $38,777
    Filer's total
    $1,677,210

  • Suken A Shah MD

    Chair, Orthopedics, DV

    Total calculated
    $1,447,520
    From this org
    $1,394,331
    From related orgs
    $0
    Other
    $53,189
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,047,861
    Bonus
    $308,400
    Other
    $38,070
    Deferred
    $0
    Nontaxable benefits
    $53,189
    Filer's total
    $1,447,520

  • Rodney A McKendree

    EVP, CFO and Business Svcs Officer

    Total calculated
    $1,428,739
    From this org
    $1,248,488
    From related orgs
    $0
    Other
    $180,251
    Hours/week
    40 + 3 related

    Schedule J breakdown matched by us

    Base
    $822,072
    Bonus
    $289,940
    Other
    $136,476
    Deferred
    $130,220
    Nontaxable benefits
    $50,031
    Filer's total
    $1,428,739

  • Mary Lee MD

    EVP, Chief Phys & Scientific Officer (To Apr '23)

    Total calculated
    $1,234,459
    From this org
    $1,210,581
    From related orgs
    $0
    Other
    $23,878
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $243,509
    Bonus
    $281,451
    Other
    $685,621
    Deferred
    $0
    Nontaxable benefits
    $23,878
    Filer's total
    $1,234,459

  • Gary Josephson MD

    VP, Chief Medical Officer, NFL

    Total calculated
    $1,174,600
    From this org
    $1,066,713
    From related orgs
    $0
    Other
    $107,887
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $490,215
    Bonus
    $88,417
    Other
    $488,081
    Deferred
    $60,663
    Nontaxable benefits
    $47,224
    Filer's total
    $1,174,600

  • Michael J Erhard MD

    President, North FL Region (To Apr '23)

    Total calculated
    $1,165,489
    From this org
    $1,005,928
    From related orgs
    $0
    Other
    $159,561
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $676,645
    Bonus
    $236,833
    Other
    $92,450
    Deferred
    $104,426
    Nontaxable benefits
    $55,135
    Filer's total
    $1,165,489

  • Katherine Deans MD

    Surgeon in Chief

    Total calculated
    $1,137,115
    From this org
    $1,088,216
    From related orgs
    $0
    Other
    $48,899
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $933,489
    Bonus
    $153,533
    Other
    $1,194
    Deferred
    $0
    Nontaxable benefits
    $48,899
    Filer's total
    $1,137,115

  • James Digan

    EVP, Chief Development Officer (To Apr '23)

    Total calculated
    $1,103,978
    From this org
    $975,757
    From related orgs
    $0
    Other
    $128,221
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $695,666
    Bonus
    $256,298
    Other
    $23,793
    Deferred
    $104,628
    Nontaxable benefits
    $23,593
    Filer's total
    $1,103,978

  • Martha G McGill

    President, Central FL Region (To Apr '23)

    Total calculated
    $997,287
    From this org
    $857,933
    From related orgs
    $0
    Other
    $139,354
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $619,089
    Bonus
    $180,839
    Other
    $58,005
    Deferred
    $99,327
    Nontaxable benefits
    $40,027
    Filer's total
    $997,287

  • Gina Altieri

    EVP, Chief Communications Officer (To Apr '23)

    Total calculated
    $917,730
    From this org
    $804,656
    From related orgs
    $0
    Other
    $113,074
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $529,780
    Bonus
    $177,919
    Other
    $96,957
    Deferred
    $78,784
    Nontaxable benefits
    $34,290
    Filer's total
    $917,730

  • Chiedu P Adebi

    EVP, Chief Human Resources Officer (To Apr '23)

    Total calculated
    $869,516
    From this org
    $741,416
    From related orgs
    $0
    Other
    $128,100
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $514,416
    Bonus
    $178,476
    Other
    $48,524
    Deferred
    $77,015
    Nontaxable benefits
    $51,085
    Filer's total
    $869,516

  • Jane M Mericle

    EVP, Chief Nursing Exec & Pt Ops (To Apr '23)

    Total calculated
    $808,159
    From this org
    $777,206
    From related orgs
    $0
    Other
    $30,953
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $451,444
    Bonus
    $134,893
    Other
    $190,869
    Deferred
    $0
    Nontaxable benefits
    $30,953
    Filer's total
    $808,159

  • Kara Walker

    EVP, Chief Population Health Officer (To Apr '23)

    Total calculated
    $780,500
    From this org
    $678,170
    From related orgs
    $0
    Other
    $102,330
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $503,216
    Bonus
    $174,154
    Other
    $800
    Deferred
    $75,379
    Nontaxable benefits
    $26,951
    Filer's total
    $780,500

  • Bernard E Rice

    SVP, Chief Information Officer

    Total calculated
    $772,753
    From this org
    $658,821
    From related orgs
    $0
    Other
    $113,932
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $464,272
    Bonus
    $132,188
    Other
    $62,361
    Deferred
    $60,147
    Nontaxable benefits
    $53,785
    Filer's total
    $772,753

  • Laura A Kowal

    SVP, General Counsel

    Total calculated
    $691,838
    From this org
    $603,012
    From related orgs
    $0
    Other
    $88,826
    Hours/week
    40 + 4 related

    Schedule J breakdown matched by us

    Base
    $462,316
    Bonus
    $121,463
    Other
    $19,233
    Deferred
    $46,142
    Nontaxable benefits
    $42,684
    Filer's total
    $691,838

  • Carrie Grant

    EVP, Chief Nursing Exec, FL Ops (To Apr '23)

    Total calculated
    $663,884
    From this org
    $620,714
    From related orgs
    $0
    Other
    $43,170
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $117,612
    Bonus
    $105,702
    Other
    $397,400
    Deferred
    $24,660
    Nontaxable benefits
    $18,510
    Filer's total
    $663,884

  • Pauline M Corso

    SVP, Chief Operating Officer, DV

    Total calculated
    $633,846
    From this org
    $540,685
    From related orgs
    $0
    Other
    $93,161
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $402,502
    Bonus
    $120,822
    Other
    $17,361
    Deferred
    $40,210
    Nontaxable benefits
    $52,951
    Filer's total
    $633,846

  • William W Higginbotham II

    SVP, Finance

    Total calculated
    $616,753
    From this org
    $520,224
    From related orgs
    $0
    Other
    $96,529
    Hours/week
    40 + 8 related

    Schedule J breakdown matched by us

    Base
    $362,922
    Bonus
    $108,939
    Other
    $48,363
    Deferred
    $42,700
    Nontaxable benefits
    $53,829
    Filer's total
    $616,753

  • Cindy Bo

    SVP, Strategy and Business Dev, DV

    Total calculated
    $594,851
    From this org
    $513,135
    From related orgs
    $0
    Other
    $81,716
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $392,825
    Bonus
    $119,704
    Other
    $606
    Deferred
    $39,838
    Nontaxable benefits
    $41,878
    Filer's total
    $594,851

  • Kevin Carraccio

    SVP, Philanthropy

    Total calculated
    $572,556
    From this org
    $547,013
    From related orgs
    $0
    Other
    $25,543
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $396,234
    Bonus
    $134,750
    Other
    $16,029
    Deferred
    $0
    Nontaxable benefits
    $25,543
    Filer's total
    $572,556

  • Margaret Hostetter

    Interim Exec Dir, Clinical and Research (To Jul '23)

    Total calculated
    $515,016
    From this org
    $503,040
    From related orgs
    $0
    Other
    $11,976
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $503,040
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $11,976
    Filer's total
    $515,016

  • Thomas Landmeier

    SVP, Chief Marketing Officer

    Total calculated
    $467,465
    From this org
    $398,528
    From related orgs
    $0
    Other
    $68,937
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $343,742
    Bonus
    $53,991
    Other
    $795
    Deferred
    $34,785
    Nontaxable benefits
    $34,152
    Filer's total
    $467,465

  • Aaron Carpenter

    SVP, Chief Nursing and Patient Ops, DV

    Total calculated
    $389,006
    From this org
    $334,887
    From related orgs
    $0
    Other
    $54,119
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $298,471
    Bonus
    $24,212
    Other
    $12,204
    Deferred
    $27,115
    Nontaxable benefits
    $27,004
    Filer's total
    $389,006

  • Anna Small

    SVP, Chief Compliance Officer

    Total calculated
    $385,526
    From this org
    $316,205
    From related orgs
    $0
    Other
    $69,321
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $304,077
    Bonus
    $0
    Other
    $12,128
    Deferred
    $31,184
    Nontaxable benefits
    $38,137
    Filer's total
    $385,526

  • Hans Alvarez

    SVP, Audit Service

    Total calculated
    $329,257
    From this org
    $269,234
    From related orgs
    $0
    Other
    $60,023
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $268,633
    Bonus
    $0
    Other
    $601
    Deferred
    $27,441
    Nontaxable benefits
    $32,582
    Filer's total
    $329,257

  • Nicole Johnson

    SVP, Chief Nursing and Patient Ops, CFL

    Total calculated
    $319,720
    From this org
    $279,002
    From related orgs
    $0
    Other
    $40,718
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,819
    Bonus
    $23,271
    Other
    $52,912
    Deferred
    $0
    Nontaxable benefits
    $40,718
    Filer's total
    $319,720

  • Matthew Davis

    Enterprise Chief Physician & Scientific Officer

    Total calculated
    $190,009
    From this org
    $188,238
    From related orgs
    $0
    Other
    $1,771
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $106,881
    Bonus
    $50,000
    Other
    $31,357
    Deferred
    $0
    Nontaxable benefits
    $1,771
    Filer's total
    $190,009

  • Hugh M Durden

    Member

    Total calculated
    $168,285
    From this org
    $0
    From related orgs
    $168,285
    Other
    $0
    Hours/week
    4 + 12 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $168,285 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $168,285 related

  • Terri Kelly

    Member

    Total calculated
    $161,152
    From this org
    $0
    From related orgs
    $161,152
    Other
    $0
    Hours/week
    0 + 10 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $161,152 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $161,152 related

  • Thomas G Kuntz

    Member Director

    Total calculated
    $154,340
    From this org
    $0
    From related orgs
    $154,340
    Other
    $0
    Hours/week
    8 + 10 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $154,340 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $154,340 related

  • John S Lord

    Member (To Oct '23)

    Total calculated
    $153,931
    From this org
    $0
    From related orgs
    $153,931
    Other
    $0
    Hours/week
    2 + 15 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $153,931 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $153,931 related

  • Geoffrey M Rogers

    Member Director

    Total calculated
    $153,641
    From this org
    $0
    From related orgs
    $153,641
    Other
    $0
    Hours/week
    8 + 10 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $153,641 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $153,641 related

  • Robert Riney

    Member

    Total calculated
    $153,546
    From this org
    $0
    From related orgs
    $153,546
    Other
    $0
    Hours/week
    0 + 9 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $153,546 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $153,546 related

  • Jennifer Bayne

    Manager Governance Office

    Total calculated
    $152,036
    From this org
    $132,489
    From related orgs
    $0
    Other
    $19,547
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $132,235
    Bonus
    $0
    Other
    $254
    Deferred
    $0
    Nontaxable benefits
    $19,547
    Filer's total
    $152,036

  • Cameron S Morrow

    Assistant Treasurer

    Total calculated
    $149,977
    From this org
    $126,549
    From related orgs
    $0
    Other
    $23,428
    Hours/week
    40

  • Harold Mills

    Chairman of the Board and Officer

    Total calculated
    $90,000
    From this org
    $90,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 1 related

  • James S Hunt

    Director

    Total calculated
    $90,000
    From this org
    $90,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Gwen MacKenzie

    Director

    Total calculated
    $85,000
    From this org
    $85,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Richard Walsh

    Vice Chairman of the Board and Officer

    Total calculated
    $75,000
    From this org
    $75,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5 + 2 related

  • Valerie Montgomery Rice

    Director

    Total calculated
    $75,000
    From this org
    $75,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Jane Cavalier Luca

    Director

    Total calculated
    $75,000
    From this org
    $75,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • Claire DeMatteis

    Director

    Total calculated
    $70,000
    From this org
    $70,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Elliot Joseph

    Director

    Total calculated
    $60,000
    From this org
    $60,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • William F D'Alonzo

    Director

    Total calculated
    $60,000
    From this org
    $60,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Linda D Norman

    Director (To Jan '23)

    Total calculated
    $7,750
    From this org
    $7,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

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

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Health or social club dues or initiation fees
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 1b · Written policy on the line-1a expenses
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a
Nemours has established a policy for the reimbursement of travel and related expenses incurred by its employees. All transportation and travel arrangements shall be the most economical under the circumstances. Excursion or coach fares shall be ordered whenever available. Approval of a vice president shall be required for any other class of travel. Each department has the right to limit travel expenditures based on budgetary restrictions and may limit coverage to certain categories of travel expense. First class travel may occur in situations for Nemours employees wherein other fares are not available or travel is for a long period of time or overseas. Board members also have the option of traveling first class. Effective, January 1, 2009, Nemours instituted a written policy regarding such travel. A Spouse's travel is covered for Nemours functions that are designated as donor cultivation, Nemours sanctioned events, or other events where the spouse is spending greater than % of their time conducting Nemours business. This includes air travel and meals. The same general travel guidelines will apply to the spouse of the CEO.
Schedule J, Part I, Line 1b
Nemours paid social club dues for R. Lawrence Moss MD and Jim Digan during the calendar year 2023. Expenditures for business purposes are approved pursuant to Nemours' accountable plan reimbursement policies. These individuals received reimbursements for business related expenditures associated with the social club memberships.
Schedule J, Part I, Line 4
The following associates received severance payments in 2023: Robert D. Bridges (772,332), Mary Lee (526,759) and Carrie Grant (249,710). The Nemours Foundation maintained a Supplemental Executive Retirement Plan ("SERP") for a select group of management or highly compensated employees as determined by the Board of Directors. The SERP was adopted in order to provide certain key employees with non-qualified deferred compensation benefits subject to IRC section 457(f) in recognition of the services they provide. The Nemours Foundation makes discretionary contributions to the plan and may amend or terminate the plan at any time. Participants receiving distributions in 2023 include: Robert D. Bridges (406,009), Gary Josephson (389,324), R. Lawrence Moss (214,902), Jane M. Mericle (167,434), Carrie Grant (141,754), Rodney A. McKendree (134,169), Gina Altieri (93,530), Michael J. Erhard MD (62,595), Mary Lee (55,338), Martha G. McGill (54,578), Bernard E. Rice (49,419), William W. Higginbotham (39,425), Chiedu P. Abedi (27,180) and Anna Small (11,358).
Schedule J, Part I, Line 7
Certain employees of Nemours are eligible for incentive compensation. This compensation is based on qualitative and quantitative organizational goals and the achievement of such goals by the organization, its division and individuals.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • Delaware Children's Health Network LLC

    Health Care · DE · income $0 · assets $0

    Directly controlled by The Nemours Foundation

Related partnerships

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

  • SDP Special Situations LLC - Series M

    Excluded · Investments · CA · 6.25% owned · share of income -$112,583 · share of assets $4,570

    Directly controlled by Alfred I duPont Charitable Trust

  • JMK MK SIDE CAR LP

    Excluded · Investments · NY · 4.21% owned · share of income -$1,730 · share of assets $160,670

    Directly controlled by Alfred I duPont Charitable Trust

  • Sprints Capital Flint LP

    Excluded · Investments · GK · 3.16% owned · share of income -$726 · share of assets $267,597

    Directly controlled by Alfred I duPont Charitable Trust

  • Seacrest NCS Fund LP

    Excluded · Investments · BD · 0% owned · share of income $0 · share of assets $0

    Directly controlled by Alfred I duPont Charitable Trust

  • Atalaya AIF Coinvestment Fund LP

    Excluded · Investments · NY · 47.22% owned · share of income $225,938 · share of assets $11,275,938

    Directly controlled by Alfred I duPont Charitable Trust

  • Merewether Cyclicals Opportunities Fund LP

    Excluded · Investments · TX · 5.38% owned · share of income $625,480 · share of assets $8,075,587

    Directly controlled by Alfred I duPont Charitable Trust

  • Neuberger Berman Short Duration EM Debt Fund LLC

    Excluded · Investments · IL · 65.03% owned · share of income $736,474 · share of assets $46,393,965

    Directly controlled by The Nemours Foundation

Related corporations and trusts

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

  • Dornoch Sutherland Assurance LTD

    C · Captive Insurance · CJ · 100% owned · share of income $1,359,060 · share of assets $19,434,049 · controlled entity

    Directly controlled by The Nemours Foundation

Provenance

Return type
form_990
Tax year
2023
Filed
4 November 2024
IRS schema version
2023v5.0
Source object
202433199349302208

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