2023-06-23T18:00:51+00:00 2022-09-30 346565596 ERNST & YOUNG US LLP 2323 VICTORY AVENUE SUITE 2000 DALLAS TX 75219 990 2021-10-01 942856701 Hospice Endowment Trust Fund of Phoenix AZ HOSP 6025306900 1510 EAST FLOWER STREET PHOENIX AZ 85014 DEBORAH SHUMWAY Executive Director 6025306900 2023-06-23 true Deborah Shumway 999009999 Patrick Shields P01508556 2149698000 2021 2023-04-26 12:10:37Z DEBORAH SHUMWAY 1510 EAST FLOWER STREET PHOENIX AZ 85014 116989909 false X N/A X 1982 AZ HOLDING AND INVESTING CONTRIBUTIONS FROM DONORS FOR THE BENEFIT OF HOSPICE OF THE VALLEY, A RELATED 501(C)(3) TAX-EXEMPT ORGANIZATION. 11 10 0 10 -100599 0 142489 50972 0 0 36604272 43960520 0 0 36746761 44011492 200000 237500 0 0 0 0 0 0 0 41632 1640993 241632 1878493 36505129 42132999 695172763 587769784 0 0 695172763 587769784 HOLDING AND INVESTING CONTRIBUTIONS FROM DONORS FOR THE BENEFIT OF HOSPICE OF THE VALLEY, A RELATED 501(C)(3) TAX-EXEMPT ORGANIZATION. false false 237500 237500 0 HOSPICE ENDOWMENT TRUST FUND OF PHOENIX, AZ HAS SEEN ITS INVESTMENT HOLDINGS INCREASE. THIS GROWTH IS ATTRIBUTABLE TO FAVORABLE MARKET RESULTS AND THE TRANSFER OF ADDITIONAL CAPITAL FROM HOSPICE OF THE VALLEY, THE CONTROLLING ORGANIZATION. THE ASSETS OF THE ENDOWMENT TRUST FUND ARE SOLELY FOR THE PURPOSE OF SUPPORTING HOSPICE OF THE VALLEY. 237500 true true false false false false false false true false true false false false true false true false false true false false false false false false true false true false false false false false false false false true false false false false true true false false false true 0 0 0 true true false false false false false false false false false false false X 11 10 false false false false false true true true true false false true true true true false false false false false X DEBORAH SHUMWAY 6025306900 1510 EAST FLOWER STREET PHOENIX AZ 85014 BETH WARNE TRUSTEE/VICE PRESIDENT 0.1 1.0 X X 0 0 0 DAN SANTY SECRETARY 0.1 1.0 X X 0 0 0 DEBORAH SHUMWAY EXECUTIVE DIRECTOR 5.0 55.0 X X 0 510999 25628 GERALD SMITHSON TRUSTEE/TREASURER 0.1 1.0 X X 0 0 0 RITA MEISER TRUSTEE/PRESIDENT 0.1 1.0 X X 0 0 0 DIETER GABLE TRUSTEE/IMMEDIATE PAST PRES. 0.1 1.0 X 0 0 0 JOHN JENNINGS TRUSTEE 0.1 0.5 X 0 0 0 KELLI SMITH TRUSTEE 0.1 0.5 X 0 0 0 LANNY LAHR TRUSTEE 0.1 0.5 X 0 0 0 RICK NAIMARK TRUSTEE 0.1 0.5 X 0 0 0 SHAYA SCHIMEL TRUSTEE (THRU 12/2021) 0.1 0.0 X 0 0 0 STEVE FIELDS TRUSTEE 0.1 0.5 X 0 0 0 0 510999 25628 0 false true false CANTERBURY CONSULTING 660 NEWPORT CTR DRIVE SUITE 300 NEWPORT BEACH CA 92660 INVESTMENT MGT SVCS 373957 FULLER & THALER ASSET MANAGEMENT INC 411 BOREL AVENUE 300 SAN MATEO CA 94402 INVESTMENT MGT SVCS 194115 PINNACLE ASSET MANAGEMENT 286 MADISON AVENUE 20TH NEW YORK CITY NY 10017 INVESTMENT MGT SVCS 184448 DIAMOND HILL INVESTMENT GROUP 325 JOHN H MCCONNELL BLVD 200 COLUMBUS OH 43215 INVESTMENT MGT SVCS 164609 VAUGHAN NELSON INVESTMENT MANAGEMENT 600 TRAVIS STREET 3800 HOUSTON TX 77002 INVESTMENT MGT SVCS 112223 5 50972 50972 50972 0 0 0 0 0 31851226 -100599 31951825 0 0 85087711 72978417 12109294 0 12109294 12109294 0 0 0 0 0 44011492 0 -100599 44061119 237500 237500 0 0 37886 37886 1238814 1238814 0 0 0 0 581 581 CURRENCY RATE EXCHANGE FEES 363712 363712 0 0 0 0 1878493 237500 1640993 0 10068327 14861712 0 0 0 0 0 0 0 0 581581404 464438004 103523032 108470068 0 0 0 695172763 587769784 0 0 0 0 0 0 X 694917361 587514382 255402 255402 695172763 587769784 695172763 587769784 X 42132999 -164660013 15124035 X false true X true false X X 1 HOSPICE OF THE VALLEY 860338886 7 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 255402 1036 1036 255402 255402 22 22 255402 255402 1674 1674 255402 255402 2835 2835 255402 255402 746 746 255402 1.0 false false HEDGE FUNDS 60818742 F PRIVATE EQUITY 47651326 F 108470068 0 X Schedule D, Part V, Line 4 Intended uses of endowment funds GENERAL PERMANENT DONATION. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE ORGANIZATION'S FORM 990 HAS NOT BEEN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE OR THE STATE OF ARIZONA FOR THE LAST THREE YEARS. THE ORGANIZATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE ORGANIZATION RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE ORGANIZATION DID NOT HAVE ANY AMOUNTS INCURRED, PAID, OR ACCRUED FOR INTEREST AND PENALTIES AT SEPTEMBER 30, 2022 OR 2021. Central America and the Caribbean 0 0 Investments 67546210 Europe (Including Iceland and Greenland) 0 0 Investments 2448084 0 0 0 0 0 0 69994294 0 69994294 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual true PHOENIX CHILDREN'S HOSPITAL FOUNDATION 1919 EAST THOMAS ROAD PHOENIX AZ 85016 742421549 501(C)(3) 200000 PALLIATIVE CARE FELLOWSHIP HONORHEALTH FOUNDATION 8125 N HAYDEN ROAD SCOTTSDALE AZ 85258 742355411 501(C)(3) 37500 GERIATRIC MEDICINE FELLOWSHIP 2 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. HOSPICE ENDOWMENT TRUST FUND OF PHOENIX, AZ ("ENDOWMENT") IS A SUPPORTING ORGANIZATION OF HOSPICE OF THE VALLEY ("HOV"). ENDOWMENT, AS DESIGNATED BY HOV'S BOARD OF DIRECTORS, PROVIDED ASSISTANCE TO THE ORGANIZATION LISTED IN SCHEDULE I, PART II FOR THE PURPOSE OF ESTABLISHING AN ENDOWED POSITION TO SUPPORT THE PHYSICIAN'S ROLE IN THE ORGANIZATION'S PALLIATIVE CARE PROGRAM. ENDOWMENT MANAGEMENT WORKS CLOSELY WITH EACH RECIPIENT ORGANIZATION TO ENSURE THAT FUNDS ARE USED FOR THE INTENDED PURPOSE. false false false false false false false false false DEBORAH SHUMWAY EXECUTIVE DIRECTOR 0 491000 0 768 0 19231 0 8700 0 16928 0 536627 0 8550 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE ORGANIZATION'S EXECUTIVE DIRECTOR IS PAID BY ITS TAX-EXEMPT PARENT, HOSPICE OF THE VALLEY ("HOV"). THE METHODS USED BY HOV IN ESTABLISHING COMPENSATION PAID TO THE EXECUTIVE DIRECTOR INCLUDE: FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. X 7 50972 Selling cost 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - NUMBER OF CONTRIBUTIONS Form 990, Part VI, Line 13 PART VI, LINES 13 AND 14 HOSPICE ENDOWMENT TRUST FUND OF PHOENIX, AZ, HAS NO EMPLOYEES AND DOES NOT HAVE SEPARATE WRITTEN WHISTLEBLOWER OR DOCUMENT RETENTION AND DESTRUCTION POLICIES BUT FOLLOWS THE WRITTEN POLICIES OF HOSPICE OF THE VALLEY, A RELATED ORGANIZATION. Form 990, Part VI, Line 15 PART VI, LINES 15A AND 15B DEBORAH SHUMWAY, EXECUTIVE DIRECTOR, IS ALSO THE EXECUTIVE DIRECTOR OF THE PARENT ORGANIZATION, HOSPICE OF THE VALLEY. HER COMPENSATION IS PAID BY HOSPICE OF THE VALLEY. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF HOSPICE OF THE VALLEY RECEIVES INDUSTRY COMPENSATION DATA FROM HOSPICE OF THE VALLEY'S HUMAN RESOURCES DEPARTMENT BASED ON SALARY SURVEYS CONDUCTED BY OUTSIDE ORGANIZATIONS. IN ADDITION, THEY UTILIZE SALARY DATA FROM THE 990'S OF OTHER COMPARABLE HOSPICES FOR COMPARATIVE PURPOSES. BASED ON THEIR REVIEW, THE EXECUTIVE COMMITTEE DETERMINES THE SALARY FOR THE EXECUTIVE DIRECTOR. THE PROCESS FOR THE DETERMINATION OF COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES INCLUDES THE REVIEW OF COMPARABILITY DATA FROM OUTSIDE ORGANIZATIONS AND THE SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE EXECUTIVE DIRECTOR COMMUNICATES COMPENSATION DECISIONS FOR OTHER OFFICERS AND KEY EMPLOYEES TO THE PRESIDENT OF THE BOARD OF DIRECTORS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body ELECTION OF CERTAIN BOARD MEMBERS IS SUBJECT TO APPROVAL BY HOSPICE OF THE VALLEY BOARD OF DIRECTORS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders CERTAIN MAJOR DECISIONS MADE BY THE TRUSTEES OF HOSPICE ENDOWMENT TRUST FUND REQUIRE APPROVAL BY HOSPICE OF THE VALLEY BOARD OF DIRECTORS. Form 990, Part VI, Line 11b Review of form 990 by governing body HOSPICE OF THE VALLEY RETAINS AN INDEPENDENT TAX ADVISOR TO ASSIST MANAGEMENT IN PREPARATION AND REVIEW OF ITS IRS FORM 990. MANAGEMENT REVIEWS THE RETURN AND ALL THE REQUIRED SCHEDULES WITH REPRESENTATIVES OF THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS. THE FINANCE COMMITTEE REPRESENTATIVES ARE PROVIDED FORM 990 FOR CLOSER REVIEW AND ARE ALLOWED A PERIOD FOR COMMENTS PRIOR TO FILING. COPIES OF THE FORM 990 ARE MADE AVAILABLE TO THE OTHER TRUSTEES OF THE HOSPICE ENDOWMENT TRUST FUND OF PHOENIX, AZ PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy ANNUALLY, EACH OFFICER, DIRECTOR, TRUSTEE, AND KEY EMPLOYEE IS PROVIDED THE CONFLICT OF INTEREST POLICY. THEY, IN TURN, REPORT ANY ACTIVITY OR RELATIONSHIP THAT COULD GIVE RISE TO ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. THE EXECUTIVE DIRECTOR AND CONTROLLER REVIEW THE CONFLICT OF INTEREST FORMS TO DETERMINE IF THERE ARE ANY ACTUAL OR POTENTIAL CONFLICTS. IF ANY ARE IDENTIFIED, THAT INFORMATION IS SHARED WITH THE BOARD PRESIDENT AND THE RESPECTIVE INDIVIDUAL IS EXCLUDED FROM VOTING ON ANY ISSUES RELATED TO THEIR CONFLICT. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY FOR HOSPICE ENDOWMENT TRUST FUND OF PHOENIX, AZ (ENDOWMENT) ARE NOT MADE AVAILABLE TO THE PUBLIC. HOSPICE OF THE VALLEY, A RELATED TAX-EXEMPT ORGANIZATION, FILES ITS CONSOLIDATED AUDITED FINANCIALS, WHICH INCLUDES ENDOWMENT, WITH ITS ANNUAL MEDICARE COST REPORT. THIS INFORMATION IS SUBJECT TO A PUBLIC RECORDS REQUEST. HOSPICE OF THE VALLEY PROVIDES FINANCIAL STATEMENTS UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances NET ASSET TRANSFERS FROM RELATED ORGANIZATION, HOSPICE OF THE VALLEY - 15124035; HOSPICE OF THE VALLEY 1510 EAST FLOWER STREET PHOENIX AZ 85014 860338886 HOSPICE CARE AZ 501(c)(3) 7 NA false false false false false false false false false false false false false false true true false false false true