STRATEGY STUDIO / PUBLIC DATA EXPLORER

KESWICK FOUNDATION INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
KESWICK FOUNDATION INC (EIN 52-1066144)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-02
IRS object ID
202301229349300440
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-02T10:29:48-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN520982413PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GROSS MENDELSOHN & ASSOCIATES PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11801 PORTER STREET SUITE 500AddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21230ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521066144EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KESWICK FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKESWBusinessNameControlTxt
Phone4102358860PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 W 40TH STREETAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21211ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHELE LAGANAPersonNm
Person TitleCFOPersonTitleTxt
Phone4102358860PhoneNum
Signature2023-05-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICHELEPersonFirstNm
Person LastLAGANAPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES E CRISPPreparerPersonNm
PTINP00025401PTIN
Phone4106855512PhoneNum
Preparation2023-05-02PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHELE LAGANAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 W 40TH STREETAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21211ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$77,548,849GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1976FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionPROVIDES FINANCIAL SUPPORT TO KESWICK MULTI-CARE CENTER, INC. AND KESWICK COMMUNITY HEALTH, INC.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$5,573PYContributionsGrantsAmt
CY Contributions Grants$5,337CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$14,746,513PYInvestmentIncomeAmt
CY Investment Income$18,718,550CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$14,752,086PYTotalRevenueAmt
CY Total Revenue$18,723,887CYTotalRevenueAmt
PY Grants And Similar Paid$9,627,379PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$13,978,395CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$755,644PYOtherExpensesAmt
CY Other Expenses$900,241CYOtherExpensesAmt
PY Total Expenses$10,383,023PYTotalExpensesAmt
CY Total Expenses$14,878,636CYTotalExpensesAmt
PY Revenues Less Expenses$4,369,063PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,845,251CYRevenuesLessExpensesAmt
Total Assets BOY$262,433,738TotalAssetsBOYAmt
Total Assets EOY$226,478,767TotalAssetsEOYAmt
Total Liabilities BOY$481,858TotalLiabilitiesBOYAmt
Total Liabilities EOY$471,348TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$261,951,880NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$226,007,419NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE FINANCIAL SUPPORT FOR KESWICK MULTI-CARE CENTER AND KESWICK COMMUNITY HEALTH FOR ACTIVITIES AND PROGRAMS THAT BENEFIT KESWICK MULTI-CARE CENTER, INC. AND KESWICK COUMMUNITY HEALTH, BY RECEIVING, INVESTING AND ADMINISTERING ENDOWMENT FUNDS AND OTHER ASSETS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$11,564,907ExpenseAmt
Grant$11,564,907GrantAmt
DescNURSING HOME CARE - KESWICK FOUNDATION MANAGES THE ASSETS OF KESWICK MULTI-CARE CENTER (KMC)AND SUPPORTS THE PROGRAMS AT KMC FOR THE BENEFIT OF ITS RESIDENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$2,376,488ExpenseAmt
Grant$2,376,488GrantAmt
DescCOMMUNITY HEALTH CENTER - KESWICK FOUNDATION PROVIDES FINANCIAL SUPPORT FOR THE DEVELOPMENT AND OPERATION OF VARIOUS PROGRAMS THAT ARE PROVIDED BY KESWICK COMMUNITY HEALTH TO ENHANCE THE HEALTH AND QUALITY OF THE LIVES OF OLDER ADULTS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$37,000ExpenseAmt
Grant$37,000GrantAmt
DescSCHOLARSHIPS - THE DEERING SCHOLARSHIP FUND OF KESWICK FOUNDATION WAS DEVELOPED TO ENCOURAGE AND PROMOTE CAREER DEVELOPMENT IN THE FIELD OF GERIATRIC NURSING.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$13,978,395TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE BUSINESS OFFICEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4102358860PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 W 40TH STREETAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21211ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
MATT M ROCKSTROH
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
JOHN H WEST III
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
NANCY J FLOYD PRUE
SECRETARY / TREASURER2.00Yes (X)Yes (X)$0$0$0
CRAIG S HORNER
DIRECTOR2.00Yes (X)$0$0$0
DAVID MEYER
DIRECTOR2.00Yes (X)$0$0$0
CATHERINE J BOYNE
DIRECTOR4.00Yes (X)$0$0$0
JAMES R SEBA
DIRECTOR2.00Yes (X)$0$0$0
CARMEL ROQUES
CEO (PARTIAL YEAR)2.00Yes (X)$0$321,304$41,34838.00
MARIA DARBY
COO2.00Yes (X)$0$194,266$12,99738.00
MICHELE LAGANA
CFO2.00Yes (X)$0$245,399$31,09138.00
AILEEN TINNEY
CEO (CURRENT)2.00Yes (X)$0$59,345$3,14238.00
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$820,314TotReportableCompRltdOrgAmt
Total Other Compensation$88,578TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
EAGLE CAPITAL MANAGEMENT
499 PARK AVENUENEW YORKNY10022INVESTMENT ADVISORS$239,060
BROWN ADVISORY
901 SOUTH BOND STREET SUITE 400BALTIMOREMD21231INVESTMENT ADVISORS$155,912
DF DENT & COMPANY
400 E PRATT STREETBALTIMOREMD21202INVESTMENT ADVISORS$130,657
MARQUETTE ASSOCIATES
1312 BELLONA AVENUE SUITE 300LUTHERVILLEMD21093INVESTMENT ADVISORS$125,356
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
All Other Contributions$5,337AllOtherContributionsAmt
Total Contributions$5,337TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,842,882TotalRevenueColumnAmt
Exclusion$4,842,882ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$72,700,630SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$58,824,962SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$13,875,668SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,875,668TotalRevenueColumnAmt
Exclusion$13,875,668ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$18,723,887TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$18,718,550ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$13,978,395TotalAmt
Program Services$13,978,395ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$8,605TotalAmt
Management And General$8,605ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$9,800TotalAmt
Management And General$9,800ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$811,526TotalAmt
Management And General$811,526ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$20,826TotalAmt
Management And General$20,826ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
OTHER EXPENSES$45,911$45,911
UBI TAX PAID$3,573$3,573

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$14,878,636TotalAmt
Program Services$13,978,395ProgramServicesAmt
Management And General$900,241ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,066,693BOYAmt
EOY$7,720,356EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$207,857BOYAmt
EOY$201,110EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$197,872,416BOYAmt
EOY$136,791,760EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$59,286,772BOYAmt
EOY$81,765,541EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$262,433,738BOYAmt
EOY$226,478,767EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$366,996BOYAmt
EOY$321,781EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$114,862BOYAmt
EOY$149,567EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$481,858BOYAmt
EOY$471,348EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$218,580,811BOYAmt
EOY$186,289,818EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$43,371,069BOYAmt
EOY$39,717,601EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$261,951,880BOYAmt
EOY$226,007,419EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$262,433,738BOYAmt
EOY$226,478,767EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$3,845,251ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$39,789,712NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type2Yes (X)SupportingOrgType2Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1KESWICK MULTI-CARE CENTER INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN520591485EIN
Organization Type3OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$11,564,907SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$11,564,907SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd
FieldValueIRS element (for citing)
Majority Dir Trst Supported OrgYes (1)MajorityDirTrstSupportedOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$38,800,386BeginningYearBalanceAmt
Investment Earnings Or Losses-$1,496,756InvestmentEarningsOrLossesAmt
Other Expenditures$1,769,880OtherExpendituresAmt
End Year Balance$35,533,750EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$31,691,907BeginningYearBalanceAmt
Investment Earnings Or Losses$8,884,941InvestmentEarningsOrLossesAmt
Other Expenditures$1,776,462OtherExpendituresAmt
End Year Balance$38,800,386EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$32,519,831BeginningYearBalanceAmt
Investment Earnings Or Losses$643,176InvestmentEarningsOrLossesAmt
Other Expenditures$1,471,100OtherExpendituresAmt
End Year Balance$31,691,907EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$31,611,973BeginningYearBalanceAmt
Investment Earnings Or Losses$2,432,909InvestmentEarningsOrLossesAmt
Other Expenditures$1,525,051OtherExpendituresAmt
End Year Balance$32,519,831EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$30,726,299BeginningYearBalanceAmt
Investment Earnings Or Losses$2,728,320InvestmentEarningsOrLossesAmt
Other Expenditures$1,842,646OtherExpendituresAmt
End Year Balance$31,611,973EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.45000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.55000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
HEDGE FUND PARTNERSHIPS$17,845,069F
PRIVATE EQUITY INVESTMENT PARTNERSHIPS$48,383,094F
REAL ESTATE PARTNERSHIPS$15,537,378F
FieldValueIRS element (for citing)
Total Book Value Securities$81,765,541TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO RELATED PARTYDesc
Amt$149,567Amt
FieldValueIRS element (for citing)
Total Liability$149,567TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt-$21,877,351TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$39,789,712NetUnrealizedGainsInvstAmt
Revenue Not Reported-$39,789,712RevenueNotReportedAmt
Revenue Subtotal$17,912,361RevenueSubtotalAmt
Investment Expenses Not Incld$811,526InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$811,526RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$18,723,887TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$14,067,110TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$14,067,110ExpensesSubtotalAmt
Investment Expenses Not Incld2$811,526InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$811,526ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$14,878,636TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:INCOME, REALIZED AND UNREALIZED GAINS AVAILABLE FOR SUCH PURPOSES OF KESWICK MULTI-CARE CENTER AS ITS GOVERNING BOARD SHALL DETERMINE FROM TIME TO TIME. -- ($14,889,950) INCOME, REALIZED AND UNREALIZED GAINS TO BE EXPENDED UNDER THE DISCRETION OF ITS BOARD OF DIRECTORS TO MEET THE NEEDS OF RESIDENTS OR PATIENTS AT KESWICK MULTI-CARE CENTER WHO MAY NOT BE ELIGIBLE FOR WELFARE BENEFITS OR ALLOWANCES FROM THE DEPARTMENT OF SOCIAL SERVICES.-- ($960,360) INCOME TO BE DISTRIBUTED AS AN ANNUAL EMPLOYEE AWARD. PRINCIPAL TO BE LEFT UNEXPENDED. -- ($5,000) BENEVOLENT FUND - INCOME TO BE EXPENDED ANNUALLY FOR THE CARE OF RESIDENTS AT KESWICK MULTI-CARE CENTER THAT CANNOT AFFORD THE COST OF CARE AND WHO DO NOT QUALIFY FOR STATE ASSISTANCE. -- ($96,705)
PART X, LINE 2:THE ORGANIZATION HAD NO LIABILITY FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS AND STATE TAX AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
KESWICK MULTI-CARE CENTER INC
700 W 40TH STREETBALTIMOREMD21211520591485501(C)(3)$11,564,907$0PROGRAM AND OPERATING SUPPORT
KESWICK COMMUNITY HEALTH INC
700 W 40TH STREETBALTIMOREMD21211810877455501(C)(3)$2,376,488$0PROGRAM AND OPERATING SUPPORT
CRISTO REY CORPORATE INTERNSHIP PROGRAM
420 S CHESTER STREETBALTIMOREMD21230205300491501(C)(3)$22,500$0SCHOLARSHIPS
MARYLAND INSTITURE COLLEGE OF ART
1300 MOUNT ROYAL AVENUEBALTIMOREMD21217520591661501(C)(3)$12,500$0SCHOLARSHIPS
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE BOARD OF DIRECTORS OF THE FOUNDATION RECEIVES INFORMATION FROM THE MANAGEMENT OF KESWICK MULTI-CARE AND FROM THE MANAGEMENT OF KESWICK COMMUNITY HEALTH ON THE USE OF THE FUNDS. THEY ALSO RECEIVE INFORMATION FROM THE OTHER RECIPIENTS RELATED TO SCHOLARSHIPS AWARDED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
CARMEL ROQUES
CEO (PARTIAL YEAR)$0$321,304$0$0$0$0$0$30,436$0$10,912$0$362,652$0$0
MICHELE LAGANA
CFO$0$245,399$0$0$0$0$0$14,878$0$16,213$0$276,490$0$0
MARIA DARBY
COO$0$194,266$0$0$0$0$0$12,562$0$435$0$207,263$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationOFFICERS OF KESWICK FOUNDATION ARE ALSO OFFICERS OF KESWICK MULTI-CARE CENTER (KMC). COMPENSATION REPORTED ON FORM 990 PART VII IS PAID BY KMC. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF KMC REVIEW AND APPROVE THE COMPENSATION OF ALL OFFICERS. COMPARABLE DATA FROM AVAILABLE SOURCES, SUCH AS THE FORM 990 OF OTHER ORGANIZATIONS AND COMPENSATION STUDIES, ARE USED TO ASSESS THE APPROPRIATE COMPENSATION RANGES OF THESE POSITIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BLINE 11A EXPLANATION - THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S BOARD OF DIRECTORS BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CEACH YEAR ALL BOARD MEMBERS AND OFFICERS MUST SIGN OFF THAT THEY RECEIVED, READ, UNDERSTAND AND WILL COMPLY WITH THE CONFLICT OF INTEREST POLICY. IF AN ISSUE ARISES IT IS PRESENTED AT A GOVERNING BOARD OR COMMITTEE MEETING AND A DECISION IS MADE.
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR REVIEW BY THE PUBLIC UPON RECEIPT OF A WRITTEN REQUEST.
PART XII, LINE 2CTHERE IS NO CHANGE IN THE AUDIT COMMITTEE PROCESS FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtControlled OrganizationControlledOrganizationInd
KESWICK MULTI-CARE INC
700 W 40TH STREETBALTIMOREMD21211520591485LONG TERM HEALTH CARE FOR SENIORSMD501(C)(3)170B(1)A)III0
KESWICK COMMUNITY HEALTH INC
700 W 40TH STREETBALTIMOREME21211810877455TO PROVIDE COMMUNITY BASED SERVICESMD501(C)(3)509(A)(3)0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
KESWICK MULTI-CARE INC
B$11,564,907FMV
KESWICK COMMUNITY HEALTH INC
B$2,376,488FMV