2023-05-12T19:52:08-05:00 2022-06-30 205991824 SC&H TAX & ADVISORY SERVICES LLC 910 RIDGEBROOK ROAD SPARKS MD 21152 990 2021-07-01 521388935 SHEPPARD PRATT INVESTMENT INC SHEP 4109385401 PO BOX 6815 BALTIMORE MD 21285 KELLY SAVOCA CFO 4109383344 2023-05-10 1 KELLY SAVOCA XXX-XX-XXXX LORI S BURGHAUSER P00370694 4104031500 2023-05-10 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z HARSH TRIVEDI PO BOX 6815 BALTIMORE MD 21285 124787912 0 X N/A X 1985 MD TO HOLD AND MANAGE ENDOWMENT FUNDS OF RELATED NONPROFIT ENTITIES. 8 8 0 8 170958 18122 0 0 0 0 10153782 30776190 147901 15624 10301683 30791814 0 0 0 0 0 0 0 0 0 726700 569349 726700 569349 9574983 30222465 171093927 146321487 8690897 201736 162403030 146119751 TO FULFILL THE GOALS AND OBJECTIVES OF SHEPPARD PRATT HEALTH SYSTEM THROUGH THE MANAGEMENT AND INVESTMENT OF FUNDS OF SHEPPARD AND ENOCH PRATT FOUNDATION, INC. AND ITS RELATED ORGANIZATIONS INCLUDING THE MANAGEMENT AND INVESTMENT OF ITS ENDOWMENT. 0 0 0 0 0 HOLD AND MANAGE ENDOWMENT FUNDS OF RELATED NONPROFIT ENTITIES. 1 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X KELLY SAVOCA 4109385401 6501 N CHARLES STREET BALTIMORE MD 21204 MICHELLE BRANDENBURG CHAIRPERSON 1.00 0.00 X X 0 0 0 JAMES HANNAN VICE CHAIRPERSON 1.00 0.00 X X 0 0 0 MARGARET ALLEN TRUSTEE 1.00 1.00 X 0 0 0 THOMAS BONVISSUTO TRUSTEE 1.00 0.00 X 0 0 0 JOSHUA KAKEL TRUSTEE 1.00 1.00 X 0 0 0 WYATT LEE TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM PATERNOTTE TRUSTEE 1.00 0.00 X 0 0 0 DAVID SAUNDERS TRUSTEE 1.00 0.00 X 0 0 0 HARSH TRIVEDI MD PRESIDENT & CEO 1.00 40.00 X 0 1113020 53172 KELLY SAVOCA VP & CFO 1.00 40.00 X 0 397003 27521 THERESA PEDDICORD ASST SECRETARY 1.00 40.00 X 0 92637 1987 0 1602660 82680 0 0 1 0 STRATEGIC INVESTMENT MANAGEMENT 1001 19TH ST N 17TH FLOOR ARLINGTON VA 22209 INVESTMENT SERVICES 383840 STATE STREET 1 LINCOLN STREET BOSTON MA 02111 INVESTMENT SERVICES 200718 2 1055201 170958 884243 15624 0 15624 15624 15624 123717087 93996098 29720989 29720989 29720989 30791814 0 170958 30620856 545418 545418 OTHER TAX EXPENSE 23931 23931 569349 0 569349 0 2738306 3991258 1449399 1449399 3022786 3022786 3022786 78428521 29311568 80523001 106770894 4931914 1775582 171093927 146321487 209662 194038 8481235 7698 8690897 201736 X 162403030 146119751 162403030 146119751 171093927 146321487 X 30222465 -41181068 -5324676 X X 0 1 X 1 0 X X 1 SHEPPARD PRATT HEALTH SYSTEM INC 520591684 3 1 5324676 0 1 5324676 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION 8, LINE 1 THE SOLE MEMBER, SHEPPARD AND ENOCH PRATT FOUNDATION, INC. SHALL ELECT THE BOARD OF TRUSTEES OF THE SUPPORTING ORGANIZATION, SHEPPARD PRATT INVESTMENT, INC. SHEPPARD AND ENOCH PRATT FOUNDATION, INC. SHALL ALSO ELECT THE BOARD OF TRUSTEES FOR THE SUPPORTED ORGANIZATION, SHEPPARD PRATT HEALTH SYSTEM, INC. AND BE ITS SOLE MEMBER. BECAUSE SHEPPARD AND ENOCH PRATT FOUNDATION, INC. CONTROL BOTH THE SUPPORTING AND SUPPORTED ORGANIZATIONS, IT ENSURES THAT THE SUPPORTING ORGANIZATION IS RESPONSIVE TO THE NEEDS OF THE SUPPORTED ORGANIZATION. 165971020 -14526593 5324676 146119751 129289269 39065181 2383430 165971020 132600296 1783995 5095022 129289269 134319442 2837818 4556964 132600296 130641281 8051729 4373568 134319442 1.00000 0.00000 0.00000 0 0 3022786 3022786 3022786 INVESTMENTS IN PARTNERSHIPS/HEDGE FUNDS 106770894 F 106770894 DUE TO AFFILIATES 7698 7698 PART V, LINE 4: THE ORGANIZATION USES THE ENDOWMENT FUNDS TO SUPPORT THE SHEPPARD PRATT HEALTH SYSTEM. THE PRINCIPAL, INCOME AND CAPITAL APPRECIATION OF THE MOSES SHEPPARD AND ENOCH PRATT BEQUESTS ARE LEGALLY UNRESTRICTED BUT ARE CLASSIFIED, FOR FINANCIAL REPORTING PURPOSES, AS BOARD-DESIGNATED AND LIMITED AS TO USE. ASSETS DESIGNATED BY THE BOARD OF TRUSTEES FOR PARTICULAR PURPOSES ARE CONTROLLED BY THE BOARD OF TRUSTEES, WHO AT THEIR DISCRETION MAY SUBSEQUENTLY USE THE ASSETS FOR OTHER PURPOSES. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 19611892 0 0 0 0 0 0 19611892 0 19611892 1 0 1 1 1 0 PART III ACCOUNTING METHOD: 0 1 0 0 0 0 0 0 0 HARSH TRIVEDI MD PRESIDENT & CEO 0 1107758 0 0 0 5262 0 52800 0 372 0 1166192 0 0 KELLY SAVOCA VP & CFO 0 392670 0 0 0 4333 0 27464 0 57 0 424524 0 0 PART I, LINE 3 THE ORGANIZATION DOES NOT HAVE ANY PAID EMPLOYEES, ALL COMPENSATION TO OFFICERS REPORTED ON PART VII OF THE FORM 990 WAS PAID BY A RELATED ORGANIZATION, SHEPPARD PRATT HEALTH SYSTEM, INC. THE RELATED ENTITY CHECKED THE FOLLOWING BOXES FOR SCHEDULE J, QUESTION 3 ON ITS FORM 990: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINE 4B DURING CALENDAR YEAR 2021, THE FOLLOWING PARTICIPATED IN SHEPPARD PRATT'S 457(F) PLAN: HARSH TRIVEDI $ 50,000 KELLY SAVOCA $ 25,000 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A WHOLLY-OWNED SUBSIDIARY OF THE SHEPPARD AND ENOCH PRATT FOUNDATION, INC. FORM 990, PART VI, SECTION A, LINE 7A SHEPPARD AND ENOCH PRATT FOUNDATION, INC. HOLDS RESERVED RIGHTS WHICH INCLUDE THE POWERS TO APPOINT BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B SHEPPARD AND ENOCH PRATT FOUNDATION, INC. HOLDS RESERVED RIGHTS WHICH INCLUDE THE POWERS TO APPOINT AND REMOVE BOARD MEMBERS. THE FOUNDATION ALSO HOLDS THE RIGHT TO APPROVE CERTAIN SELECT TRANSACTIONS OF ITS SUBSIDIARIES. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE FORM 990 AT THE APRIL MEETING. FOLLOWING FINANCE COMMITTEE REVIEW OF THE FORM 990, THE FORM 990 IS POSTED TO THE SHEPPARD PRATT WEBSITE PORTAL FOR THE BOARD OF DIRECTORS REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL TRUSTEES AND KEY EXECUTIVE PERSONNEL TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. THE COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE CFO WHO SUMMARIZES THE REPORTED CONFLICTS. THIS INFORMATION IS THEN PRESENTED TO THE CEO AND THE CHAIRMAN OF THE BOARD FOR REVIEW IF IN THE NORMAL COURSE OF CONDUCTING A BOARD MEETING, AN AGENDA TOPIC IS DETERMINED TO PRESENT A CONFLICT OF INTEREST, THE INTERESTED BOARD MEMBER IS REQUIRED TO DISQUALIFY HIM OR HERSELF FROM ANY FURTHER DISCUSSION ON THE MATTER. THE CHAIRPERSON WILL SELECT A DISINTERESTED PERSON TO INVESTIGATE ALTERNATIVES TO THE TRANSACTION THAT POSES THE POTENTIAL CONFLICT. IF AFTER EXERCISING DUE DILIGENCE THE BOARD DETERMINES THAT ITS UNABLE TO SECURE A MORE ADVANTAGEOUS TRANSACTION WITH AN ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD WILL DETERMINE WHETHER OR NOT TO ENTER INTO THE TRANSACTION, IF IT IS IN THE BEST INTEREST OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 SALARIES OF THE CEO AND TOP MANAGEMENT ARE REVIEWED BY THE EMPLOYEE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES OF SHEPPARD AND ENOCH PRATT FOUNDATION, INC. THIS COMMITTEE IS COMPRISED OF INDEPENDENT TRUSTEES. THE TRUSTEES REVIEW COMPENSATION FOR REASONABLENESS. THEY USE COMPARATIVE INDUSTRY DATA AND FORM 990S OF OTHER ORGANIZATIONS IN THEIR REVIEW PROCESS. THE PROCESS FOR EMPLOYEE COMPENSATION INCLUDES DEVELOPMENT OF COMPENSATION RECOMMENDATIONS BASED ON MARKET SURVEYS AND OTHER COMPARATIVE INDUSTRY DATA AS WELL AS WRITTEN EMPLOYMENT CONTRACTS. THE SALARY INFORMATION FOR THIS GROUP IS OBTAINED BY A CONSULTANT THAT IS ENGAGED BY THE EXECUTIVE COMPENSATION COMMITTEE. THIS CONSULTANT USES CURRENT MARKET COMPENSATION SURVEYS AND OTHER COMPARATIVE INDUSTRY DATA TO MAKE RECOMMENDATIONS, THAT ARE THEN PRESENTED TO THE EXECUTIVE COMPENSATION COMMITTEE FOR APPROVAL. THE EXECUTIVE COMPENSATION COMMITTEE REPORTS THAT COMPENSATION WAS APPROVED TO THE FULL BOARD. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND OTHER POLICIES INCLUDING THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER TO AFFILIATES -5,324,676. FORM 990, PART XII, LINE 2C THE PARENT ENTITY, SHEPPARD AND ENOCH PRATT FOUNDATION, INC., HAS A FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SHEPPARD PRATT PHYSICIANS PA PO BOX 6815 BALTIMORE MD 21285 521392214 PROVIDE HEALTHCARE TO PATIENTS & RESIDENCY TRAINING TO MEDICAL PROF. MD 501(C)(3) 10 SHEPPARD AND ENOCH PRATT FOUNDATION INC 0 SHEPPARD PRATT HEALTH SYSTEM INC PO BOX 6815 BALTIMORE MD 21285 520591684 PROVIDES INPATIENT/OUTPATIENT CARE, EDUC. SVCS & RESID. SVCS MD 501(C)(3) 3 SHEPPARD AND ENOCH PRATT FOUNDATION INC 0 SHEPPARD AND ENOCH PRATT FOUNDATION INC PO BOX 6815 BALTIMORE MD 21285 521357109 CONDUCT FUNDRAISING ACTIVITIES TO SUPPORT AFFILIATED ORGANIZATIONS MD 501(C)(3) 7 N/A 0 REVISIONS COMMUNITY HOUSING DEVELOPMENT ORGANIZATION INC 1925 GREENSPRING DRIVE TIMONIUM MD 21093 521849336 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESSES. MD 501(C)(3) 10 MOSAIC COMMUNITY SERVICES INC 0 MOSAIC COMMUNITY SERVICES INC 1925 GREENSPRING DRIVE TIMONIUM MD 21093 521338141 PROVIDES THERAPEUTIC RESIDENTIAL, REHAB., & SUPPORT SERVICES MD 501(C)(3) 7 SHEPPARD AND ENOCH PRATT FOUNDATION INC 0 FAMILY SERVICES INC 610 EAST DIAMOND AVE GAITHERSBURG MD 20877 520730225 FOSTER HEALTHY FAMILIES THROUGH EDUCATION, BEHAVIORAL HEALTH SERVICES MD 501(C)(3) 7 SHEPPARD AND ENOCH PRATT FOUNDATION INC 0 DULANEY STATION COMMUNITY HOUSING DEVELOPMENT ORGANIZATION INC 1925 GREENSPRING DRIVE TIMONIUM MD 21093 020650286 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESSES. MD 501(C)(3) 10 MOSAIC COMMUNITY SERVICES INC 0 ALLIANCE INC 8003 CORPORATE DRIVE NOTTINGHAM MD 21236 521277262 OFFER EDUC., VOC., & RESID SVCS FOR INDIVIDUALS WITH DISABILITIES MD 501(C)(3) 7 MOSAIC COMMUNITY SERVICES INC 0 WAY STATION INC PO BOX 3826 FREDERICK MD 21705 521162749 PROVIDES REHABILITATION AND TREATMENT SERVICES MD 501(C)(3) 7 SHEPPARD AND ENOCH PRATT FOUNDATION INC 0 WAY STATION FOUNDATION 230 W PATRICK ST PO BOX 3826 FREDERICK MD 21705 521857765 SOLICIT AND ACCEPT FUNDS AND PROPERTY TO SUPPORT AFFILIATED ORGANIZATIONS MD 501(C)(3) 7 WAY STATION INC 0 BEHAVIORAL HEALTH PARTNERS OF FREDERICK INC PO BOX 6815 BALTIMORE MD 21285 522125435 OUTPATIENT PSYCHIATRIC AND BEHAVIORAL MEDICINE MD 501(C)(3) 3 MOSAIC COMMUNITY SERVICES INC 0 SHEPPARD PRATT PREFERRED RESOURCES INC 6501 N CHARLES STREET BALTIMORE MD 21204 521757742 INACTIVE MD N/A C 0 SHEPPARD PRATT ASSURANCE COMPANY LLC CARIBBEAN PLAZA 2ND FLOOR NORTH B GEORGE TOWN CJ KYL-1102 981668282 INSURANCE CJ N/A C 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 SHEPPARD PRATT HEALTH SYSTEM INC R 5324676 FMV SCHEDULE R, PART II: WAY STATION, INC., MOSAIC COMMUNITY SERVICES, INC. AND FAMILY SERVICES, INC. WORK WITH NUMEROUS HUD ENTITIES TO CARRY OUT THEIR EXEMPT PURPOSES. WHILE THERE IS BOARD OVERLAP THE ULTIMATE CONTROL RESIDES WITH HUD. AS SUCH THE HUD ENTITIES ARE NOT LISTED ON SHEPPARD PRATT INVESTMENT, INC.'S SCHEDULE R. HUD ENTITIES ARE REFLECTED ON THE SCHEDULE R OF WAY STATION, INC., MOSAIC COMMUNITY SERVICES, INC. AND FAMILY SERVICES, INC.