2021-10-20T19:01:05-05:00 2020-12-31 350921680 CROWE LLP 401 East Las Olas Blvd Suite 1100 Fort Lauderdale FL 333014230 990 2020-01-01 203974070 TrustBridge Foundation Inc TRUS 5614946888 5300 East Avenue West Palm Beach FL 33407 Mark R Huntley CFO 2021-10-20 true Mark R Huntley 999009999 Brittney Kocaj P01320603 9542028600 2020 2022-09-23 18:48:47Z Trustbridge Hospice Foundation GREGORY E LEACH 5300 East Avenue West Palm Beach FL 33407 53596115 false X https://trustbridge.com/foundation/ X 2005 FL The organization's mission is to Raise and manage charitable donations to support nonprofit end of life care provider Trustbridge, Inc and its subsidiaries through a comprehensive fundraising program. 13 13 24 161 0 0 6611701 5430699 0 3458133 1026300 242043 -47364 10311877 6409635 6194278 7359614 0 1296753 1251603 0 479173 1337912 1361230 8828943 9972447 1482934 -3562812 139030634 149199300 1203105 1369828 137827529 147829472 X The mission is to Raise and manage charitable donations to support nonprofit end of life care provider Trustbridge, Inc and its subsidiaries, who in 2020, provided compassionate care to 12,169 hospice patients and their families including 100% coverage for 180 patients without insurance who fell under Charity Care. false false 3455850 2987340 Boca Care Center Renovations: Project included a new kitchen, a courtyard, a dining area, connection corridor for food service to the patients wings, and a designated facilities area. 2156190 1863875 CHARITABLE CARE: AS LOCAL, NOT FOR PROFIT HOSPICE WE ARE COMMITTED TO PROVIDING CARE FOR EVERYONE IN OUR COMMUNITY, INCLUDING THOSE WITHOUT INSURANCE OR THE ABILITY TO PAY. IN 2020, DONATIONS HELPED PROVIDE 6,039 DAYS OF CARE TO UNINSURED PATIENTS. 1100090 980904 TRUSTBRIDGE FOUNDATION, INC. PROVIDES FUNDRAISING, INVESTMENT MANAGEMENT, AND OTHER SUPPORT SERVICES, TO TRUSTBRIDGE, INC., A RELATED TAX-EXEMPT ORGANIZATION, AND ITS SUBSIDIARIES, INCLUDING HOSPICE OF PALM BEACH COUNTY, INC., HOSPICE OF BROWARD COUNTY, INC. AND HOSPICE BY THE SEA, INC. OUR FOUNDATION IS DEDICATED TO SUPPORTING THE SPECIALIZED PROGRAMS THAT TRUSTBRIDGE PROVIDES THAT ARE ABOVE AND BEYOND TRADITIONAL HOSPICE CARE, INCLUDING VETERANS PROGRAM, PHYSICIAN FELLOWSHIP PROGRAM AND EMPLOYEE TRAINING. 733710 634241 MUSIC THERAPY: MUSIC CAN CREATE A PHYSICAL AND EMOTIONAL CONNECTION THAT RELIEVES PAIN, ANXIETY, DEPRESSION AND OTHER SYMPTOMS. WE OFFER ONE OF THE NATION'S LARGEST MUSIC THERAPY PROGRAMS, PROVIDING 6,839 MUSIC THERAPY VISITS IN 2020. 626371 541454 EXTRAORDINARY COMFORT MEASURES: TRUSTBRIDGE IS ONE OF ONLY 4% OF HOSPICES NATIONWIDE THAT ADMIT PATIENTS INTO HOSPICE CARE WHO NEED TO CONTINUE TREATMENTS FOR THEIR COMFORT (CHEMOTHERAPY, RADIATION, INTRAVENOUS MEDICATIONS AND BLOOD TRANSFUSIONS). YOUR DONATIONS FUND THE COMFORT MEASURES SO THESE FAMILIES CAN BENEFIT FROM THE WORLD OF SUPPORT THAT HOSPICE OFFERS. 797 patients received extraordinary comfort measures in 2020. 334331 289006 Grief Support: IN 2020, WE WERE ABLE TO HELP 3,145 ADULTS WITH INDIVIDUAL AND GROUP COUNSELING. WE SERVED 515 CHILDREN AND TEENS WITH INDIVIDUAL AND GROUP COUNSELING SESSIONS. IN ADDITION, 27 CHILDREN ATTENDED ONE OF OUR 3 CAMP PROGRAMS: CAMP GOOD GRIEF, CAMP STINGRAY AND CLUB SEAHORSE. 72642 62794 Gerstenberg Care Center Renovation: Renovate and refurnish 4 existing patient rooms to create 2 "convertible patient Suites", nurses station including medication room. Patient rooms remodel included expansion of rooms, new impact doors, floors, bathroom floors, showers and sink areas, paint, nurse call system, televisions and artwork. 1767054 1527495 8479184 true true false false false false false false true true true false false true true true true false false true false false false true false false true true true false false false false false false false false true false false false false true false false false true X 3 0 true 24 true false true BF false false false true true false false false false false false X 13 13 false false false false true true true true true false false true true true true true true true false true true FL X GREGORY LEACH 5614946888 5300 EAST AVENUE West Palm Beach FL 33407 Beth Walton Secretary 1.0 0 X X 0 0 0 Jennifer Brancaccio Vice Chair 1.0 0 X X 0 0 0 Robert M Friedman CLU Chairman 1.0 0 X X 0 0 0 Thomas G Burns CPA Treasurer 1.0 0 X X 0 0 0 Dari Bowman Director 1.0 0 X 0 0 0 F Malcolm Cunningham Jr Esq Director 1.0 0 X 0 0 0 James R Borynack Director 1.0 0 X 0 0 0 Jeffrey M Bishop Director 1.0 0 X 0 0 0 Mark Cook Director 1.0 0 X 0 0 0 Meredith Tucker Director 1.0 0 X 0 0 0 Neil Solomon Director 1.0 0 X 0 0 0 Patrick J Franklin Director 1.0 0 X 0 0 0 Stuart B Klein Esq Director 1.0 0 X 0 0 0 Gregory E Leach President TrustBridge Foundation 50.0 0 X 382935 0 27555 Mark R Huntley CFO 10.0 30.0 X 0 387642 32960 Valerie A Vitale Sr. Director of Development 40.0 0 X 162429 0 10733 Cathy L Olsen Sr. Director of Resale Operations 40.0 0 X 123042 0 9565 Jennifer C Thomason Director Special Events/Major Gifts 40.0 0 X 113733 0 23471 Lauryn L Barry Director Annual Giving & Digital Communication 40.0 0 X 103058 0 23052 Leticia L Carlo Director Major Gifts/Planned Gifts 40.0 0 X 133253 0 8452 Pedro A Herrera Former Officer 0.0 40.0 X 0 259472 13122 1018450 647114 148910 6 true true false JP MORGAN 390 Madison Avenue Floor 14 New York NY 10017 INVESTMENT MANAGEMENT SERVICES 760725 1 27428 323671 556898 4522702 91902 5430699 0 0 0 0 0 2493141 2493141 0 0 44295631 45762472 -1466841 0 -1466841 -1466841 166740 323671 60731 106009 106009 3750 3750 3750 1206154 1363277 -157123 -157123 0 0 0 0 0 6409635 0 0 978936 7329659 7329659 29955 29955 583653 408557 175096 523652 366556 157096 14023 9816 4207 67508 47256 20252 62767 43937 18830 12000 12000 790112 790112 232319 21000 202319 9000 99864 70355 29509 69446 48612 20834 39913 27939 11974 30000 21000 9000 59484 41639 17845 1887 1321 566 9659 9659 Development Costs 16546 11582 4964 0 0 0 0 9972447 8479184 1014090 479173 4232965 2200295 1594536 1440345 293750 205500 0 0 0 0 41990 44936 561345 409320 235210 152025 116364604 128428016 16267579 16728183 0 0 0 139030634 149199300 454251 354402 127609 89150 0 0 621245 926276 1203105 1369828 X 133628928 143044812 4198601 4784660 137827529 147829472 139030634 149199300 X -3562812 13567976 -3221 X false true X true false X 9642360 5613670 6313860 6611701 5430699 33612290 0 0 9642360 5613670 6313860 6611701 5430699 33612290 1987045 31625245 2209399 2435946 2718412 2956708 2493141 12813606 0 0 0 0 0 0 1733691 1781236 1790658 1835766 1376644 8517995 54943891 0 0.5756 0.5711 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - 164720.0, COLUMN B - 235318.0, COLUMN C - 173106.0, COLUMN D - 228449.0, COLUMN E - 166740.0, COLUMN F - 968333.0; DESCRIPTION - GROSS INCOME FROM SALE OF INVENTORY, COLUMN A - 1561796.0, COLUMN B - 1542403.0, COLUMN C - 1614727.0, COLUMN D - 1602722.0, COLUMN E - 1206154.0, COLUMN F - 7527802.0; DESCRIPTION - GAMING INCOME, COLUMN A - 7175.0, COLUMN B - 3515.0, COLUMN C - 2825.0, COLUMN D - 4595.0, COLUMN E - 3750.0, COLUMN F - 21860.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3044059 288592 135889 3196762 2676291 367768 0 3044059 3283772 -231879 375602 2676291 3215149 375602 306979 3283772 3135465 179684 100000 3215149 0.0 0.9097 0.0903 false false 9085 9085 424774 349526 75248 127486 59794 67692 152025 Alternative investments - Hedge Funds 998482 F Common Trust Funds 2905061 F Alternative investments - Global Private Equities 12824640 F 16728183 DUE TO AFFILIATES 926276 926276 X 20608286 13567976 -3221 13564755 7043531 790112 -1424008 -633896 6409635 10606343 1424008 1424008 9182335 790112 0 790112 9972447 Schedule D, Part V, Line 4 Intended uses of endowment funds The endowment funds are held by TrustBridge Foundation, Inc. and are intended to be used to support the programs and activities of Hospice of Palm Beach County, Inc., Hospice by the Sea and all related organizations. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote TrustBridge Foundation is exempt from income taxes on income from related activities under Section 501(c)(3) of the U.S. Internal Revenue Code and corresponding state tax law. Accordingly, no provision has been made for federal or state income taxes. U.S. GAAP requires that a tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. TrustBridge Foundation's Form 990 has not been subject to examination by the Internal Revenue Service or the State of Florida for the last three years. TrustBridge Foundation does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. TrustBridge Foundation recognizes interest and/or penalties related to income tax matters in income tax expense. TrustBridge Foundation did not have any amounts accrued for interest and penalties at December 31, 2020 and 2019. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 CHANGE IN SPLIT INTEREST IN CHARITABLE GIFT ANNUITY - -10146 CHANGE IN FAIR VALUE OF ASSETS HELD IN TRUST - 6925 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements RESALE EXPENSES - -1363277 SPECIAL EVENT EXPENSES - -60731 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 SPECIAL EVENT EXPENSES - 60731 RESALE EXPENSES - 1363277 false Central America and the Caribbean 0 0 Investments 15730000 0 0 0 0 0 0 15730000 0 15730000 true false true true false false Chef Showdown- South 185145 122196 62949 812 277 27121 5097 3467 Signature Golf 93250 61545 31705 0 0 0 5240 10 212016 139930 72086 7900 39 5431 485 4862 490411 323671 166740 8712 316 32552 5582 13569 60731 106009 true Hospice of Palm Beach County Inc 5300 East Avenue West Palm Beach FL 33407 591825937 501 (c)(3) 2554545 0 N/A N/A Program Support Hospice by the Sea Inc 5300 East Avenue West Palm Beach FL 33407 591952942 501(c)(3) 4404716 0 N/A N/A Program Support TrustBridge Inc 5300 East Avenue West Palm Beach FL 33407 203974015 501(c)(3) 370398 0 N/A N/A Program Support 3 0 HOUSEHOLD EXPENSE ASSISTANCE 35 29955 0 N/A N/A Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The organization grants funds to related organizations that it supports. The CFO monitors the funds to ensure they are used for their intended purposes. THE ASSISTANCE PROVIDED TO INDIVIDUALS IS PROVIDED DIRECTLY TO THE COMPANY OR ORGANIZATION BY WHICH THE ASSISTANCE IS BEING PROVIDED. FOR EXAMPLE, ASSISTANCE PROVIDED TO AN INDIVIDUAL THAT IS INTENDED TO PAY THEIR ELECTRIC BILL WOULD BE PAID DIRECTLY TO THE ELECTRIC COMPANY TO ENSURE THE FUNDS ARE USED FOR THEIR INTENDED PURPOSE. X X X false true false false false false false false false Pedro A Herrera Former Officer 0 181015 0 50322 0 28135 0 12412 0 710 0 272594 0 4802 Mark R Huntley CFO 0 268083 0 90116 0 29443 0 13425 0 19535 0 420602 0 7065 Gregory E Leach President TrustBridge Foundation 232015 0 90776 0 60144 0 13425 0 14130 0 410490 0 5504 0 Valerie A Vitale Sr. Director of Development 130836 0 31216 0 377 0 4898 0 5835 0 173162 0 0 0 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan The following contributions were made during 2020 to a Section 457(f) plan: Greg Leach - $4,875 Pedro A. Herrera - $4,875 MARK R. HUNTLEY - $4,875 The following distributions were made during 2020 from a Section 457(f) plan: Greg Leach - $5,504 Pedro A. Herrera - $4,802 MARK R. HUNTLEY - $7,065 X 1206154 Selling cost X 18 91902 Market value 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 III, Line 4d Description of other program services (Expenses $ 733,710 including grants of $ 634,241) MUSIC THERAPY: MUSIC CAN CREATE A PHYSICAL AND EMOTIONAL CONNECTION THAT RELIEVES PAIN, ANXIETY, DEPRESSION AND OTHER SYMPTOMS. WE OFFER ONE OF THE NATION'S LARGEST MUSIC THERAPY PROGRAMS, PROVIDING 6,839 MUSIC THERAPY VISITS IN 2020. Form 990, Part III, Line 4d Description of other program services (Expenses $ 626,371 including grants of $ 541,454) EXTRAORDINARY COMFORT MEASURES: TRUSTBRIDGE IS ONE OF ONLY 4% OF HOSPICES NATIONWIDE THAT ADMIT PATIENTS INTO HOSPICE CARE WHO NEED TO CONTINUE TREATMENTS FOR THEIR COMFORT (CHEMOTHERAPY, RADIATION, INTRAVENOUS MEDICATIONS AND BLOOD TRANSFUSIONS). YOUR DONATIONS FUND THE COMFORT MEASURES SO THESE FAMILIES CAN BENEFIT FROM THE WORLD OF SUPPORT THAT HOSPICE OFFERS. 797 patients received extraordinary comfort measures in 2020. Form 990, Part III, Line 4d Description of other program services (Expenses $ 334,331 including grants of $ 289,006) Grief Support: IN 2020, WE WERE ABLE TO HELP 3,145 ADULTS WITH INDIVIDUAL AND GROUP COUNSELING. WE SERVED 515 CHILDREN AND TEENS WITH INDIVIDUAL AND GROUP COUNSELING SESSIONS. IN ADDITION, 27 CHILDREN ATTENDED ONE OF OUR 3 CAMP PROGRAMS: CAMP GOOD GRIEF, CAMP STINGRAY AND CLUB SEAHORSE. Form 990, Part III, Line 4d Description of other program services (Expenses $ 72,642 including grants of $ 62,794) Gerstenberg Care Center Renovation: Renovate and refurnish 4 existing patient rooms to create 2 "convertible patient Suites", nurses station including medication room. Patient rooms remodel included expansion of rooms, new impact doors, floors, bathroom floors, showers and sink areas, paint, nurse call system, televisions and artwork. Form 990, Part VI, Line 15b COMPENSATION PAID TO OTHER OFFICERS THE compensation of the CFO IS DETERMINED BY THE CEO OF TRUSTBRIDGE, INC., A RELATED ORGANIZATION. THE CEO USES COMPARABILITY DATA AND AN INDEPENDENT COMPENSATION CONSULTANT TO DETERMINE THE COMPENSATION. THE DECISION is DOCUMENTED IN the EMPLOYEE'S FILE. This process was last undertaken in April 2020. Form 990, Part VI, Line 1a Delegate broad authority to a committee As stated in the governing documents, the Board of Directors shall have an executive committee that shall have and exercise all of the powers of the Board of Directors in the management of the Business and affairs of the Corporation. The board may designate one (1) or more directors as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee. Form 990, Part VI, Line 6 Classes of members or stockholders The sole member of TrustBridge Foundation, Inc. (the organization) shall be TrustBridge, Inc. (sole member), a related tax-exempt organization. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body At the annual meeting of TrustBridge Foundation, Inc., its Directors shall elect, for the Board positions then open, to serve a three (3) year term from a slate of candidates nominated by the Directors. The Directors shall be elected to serve a three (3) year term, or until such Director submits his or her written resignation to the Chairperson of the Corporation. Any Director may be removed, with or without cause, by the sole member at the meeting of the sole member, or by the affirmative vote of two-thirds (2/3) of the Directors then in office. The sole member shall not have any form of equity or ownership interest in the organization or any right, title or interest in its assets at any time during the course of its active operation. All rights of the person or entity designated as Sole Member shall cease on the termination of the Sole Membership. Only the sole member shall be entitled to share in the distribution of corporate assets upon any dissolution of the organization. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The sole member has the right to approve decisions of the board. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is reviewed by the audit committee and the independent paid tax preparer will make a presentation to the BOARD MEMBERS regarding the Form 990. A complete copy of the final Form 990 is sent to all board members prior to filing the return with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy The organization sends out the conflict of interest questionnaires to board members and officers annually. The responses to the questionnaires are monitored and collected by the CFO. Should a conflict exist the person with the conflict will abstain from voting on the issue in question. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE ORGANIZATION USES A COMPENSATION COMMITTEE, COMPARABILITY DATA, AN INDEPENDENT COMPENSATION CONSULTANT, AND APPROVAL BY TRUSTBRIDGE CEO TO DETERMINE THE COMPENSATION OF THE PRESIDENT. THIS REVIEW LAST TOOK PLACE IN April 2020 AND IS DOCUMENTED IN THE BOARD AND COMMITTEE MINUTES. Form 990, Part VI, Line 19 Required documents available to the public Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time. Form 990, Part VII, Section A Compensation paid to interested persons Gregory Leach Mr. Leach serves as the President of TrustBridge Foundation, Inc. Other Compensation is for his employee health and retirement benefits which are under the same plans provided to all employees. In addition the organization offers a 457f retirement plan for Management and officers. MARK R. HUNTLEY MR. HUNTLEY SERVED AS THE CFO FOR TRUSTBRIDGE, INC, TrustBridge FOUNDATION, INC., HOSPICE OF PALM BEACH COUNTY, HOSPICE OF BROWARD COUNTY, HOSPICE BY THE SEA, INC., FOCUS CARE HOME HEALTH, INC., HARBOR PALLIATIVE CARE SERVICES, INC., AND THE MEDICAL STORE. HIS TIME WAS SHARED EQUALLY BY ALL ENTITIES. OTHER COMPENSATION IS FOR HIS EMPLOYEE HEALTH AND RETIREMENT BENEFITS WHICH ARE UNDER THE SAME PLANS PROVIDED TO ALL EMPLOYEES. PEDRO A. HERRERA MR. HERRERA SERVED AS THE VP of Finance FOR TRUSTBRIDGE, INC. OTHER COMPENSATION IS FOR HIS EMPLOYEE HEALTH AND RETIREMENT BENEFITS WHICH ARE UNDER THE SAME PLANS PROVIDED TO ALL EMPLOYEES. IN ADDITION THE ORGANIZATION OFFERS A 457F RETIREMENT PLAN FOR MANAGEMENT AND OFFICERS. Leticia Carlo Ms. Carlo serves as the Director of Major Gifts for TrustBridge Foundation, Inc. Other Compensation is for her employee health and retirement benefits which are under the same plans provided to all employees. Cathy Olsen Ms. Olsen serves as the Sr. Director of resale Operations for TrustBridge Foundation, Inc. Other Compensation is for her employee health and retirement benefits which are under the same plans provided to all employees. Valerie Vitale Ms. Vitale serves as the Sr. Director of development for TrustBridge Foundation, Inc. Other Compensation is for her employee health and retirement benefits which are under the same plans provided to all employees. Jennifer Thomason Ms. Thomason serves as the DIRECTOR of SPECIAL EVENTS & MAJOR GIFTS for TrustBridge Foundation, Inc. Other Compensation is for her employee health and retirement benefits which are under the same plans provided to all employees. LAURYN BARRY Ms. Barry serves as the Director of Annual Giving and Digital Communications for TrustBridge Foundation, Inc. Other Compensation is for her employee health and retirement benefits which are under the same plans provided to all employees. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN FAIR VALUE OF ASSETS HELD IN TRUST - 6925; CHANGE IN SPLIT INTEREST IN CHARITABLE GIFT ANNUITY - -10146; HOSPICE OF PALM BEACH COUNTY INC 5300 EAST AVENUE WEST PALM BEACH FL 33407 591825937 HOSPICE CARE FL 501(c)(3) 10 TRUSTBRIDGE INC false TRUSTBRIDGE INC 5300 EAST AVENUE WEST PALM BEACH FL 33407 203974015 MANAGEMENT FL 501(c)(3) Type II NA false THE MEDICAL STORE OF PALM BEACH COUNTY INC 5300 EAST AVENUE WEST PALM BEACH FL 33407 202835810 SUPPLIER FL 501(c)(3) 10 TRUSTBRIDGE INC false FOCUS CARE HOME HEALTH INC 5300 EAST AVENUE WEST PALM BEACH FL 33407 263595560 HOME HEALTH SERVICES FL 501(c)(3) 10 TRUSTBRIDGE INC false HARBOR PALLIATIVE CARE SERVICES INC 5300 EAST AVENUE WEST PALM BEACH FL 33407 800674849 PALLIATIVE SERVICES FL 501(c)(3) 10 TRUSTBRIDGE INC false Hospice by the Sea Inc 5300 East Avenue West Palm Beach FL 33407 591952942 Hospice Care FL 501(c)(3) 10 TrustBridge Inc false false true false true false false false false false false true false true true false true false true false