2019-08-15T09:07:22-05:00 2018-09-30 PricewaterhouseCoopers LLP 101 SEAPORT BLVD SUITE 500 BOSTON MA 02210 990 2017-10-01 042785453 FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC % CAROLANN WILLIAMS FOUN 6175733942 243 CHARLES STREET BOSTON MA 02114 CAROLANN WILLIAMS CFO VP FIN & ADMIN 6175733424 2019-08-12 true ERIN COUTURE P01390592 6175305000 2019-08-12 167.68.125.77 04363820192275000032 2019-08-15 P 3F102DC785117A4ED09110C8A47C795926054463 21E2B2F0849F69D31DF4460457E3137BF9FA7202 2017 2019-02-21 02:37:17Z JOHN FERNANDEZ 243 CHARLES STREET BOSTON MA 02114 507412473 false X WWW.MASSEYEANDEAR.ORG X 1983 MA SEE SCHEDULE O. 19 14 0 17 -53199 -98302 33592035 16981267 0 0 6278144 56674644 679017 258449 40549196 73914360 25040413 23096468 0 0 0 0 0 0 0 2449170 2376778 27489583 25473246 13059613 48441114 286066550 348073191 69759767 92152576 216306783 255920615 X SEE SCHEDULE O. false true 23832255 23096468 0 THE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSE OF THE MASSACHUSETTS EYE AND EAR INFIRMARY ("THE INFIRMARY"), A TAX-EXEMPT MEDICAL AND SURGICAL HOSPITAL, WHICH PROVIDES PATIENT CARE, RESEARCH AND EDUCATION IN OPHTHALMOLOGY, OTOLARYNGOLOGY AND RELATED SPECIALTIES. THE FOUNDATION RAISES FUNDS, INVESTS FUNDS AND MAKES GRANTS TO THE INFIRMARY. Effective APRIL 1, 2018, the Foundation became part of the comprehensive, integrated healthcare system organization and operated by Partners Healthcare System, Inc, ("Partners") that includes hospitals, physicians, charitable, scientific, educational, research and other Partners affiliated organizations. As part of the system the Foundation will assist and support Partners and the Partners affiliated organizations in fulfilling their mission. 23832255 true true false false false false false false false true false true false true true true false true false false true false false true true false false true false true false false false false false false false false true false false false false true true true false false true 8 0 0 true true false false false false true true false false false false X 19 14 false false true false true false true true true false false true true true true true true false false false CA CT FL GA IL MD MA MI MN NH NJ NY NC OH PA RI SC X CAROLANN WILLIAMS 6175733424 243 CHARLES STREET BOSTON MA 02114 ANNETTE NOVA DIRECTOR (UNTIL 12/17) 2.0 6.0 X 0 0 0 CHARLES DE GUNZBURG DIRECTOR 2.0 6.0 X 0 0 0 D BRADLEY WELLING MD DIRECTOR 2.0 58.0 X 0 1063052 158175 DEWALT PETE ANKENY DIRECTOR 2.0 6.0 X 0 0 0 DIANE E KANEB DIRECTOR 2.0 2.0 X 0 0 0 EUGENE HILL DIRECTOR 2.0 2.0 X 0 0 0 HARVEY FREISHTAT DIRECTOR/SECRETARY AS OF 4/18 2.0 2.0 X X 0 0 0 JAMES CARLISLE DIRECTOR 2.0 2.0 X 0 0 0 JOAN W MILLER MD DIRECTOR 2.0 58.0 X 0 904826 148157 JOHN R FERNANDEZ PRESIDENT 10.0 50.0 X X 0 1143642 229175 JONATHAN UHRIG TREASURER 3.0 7.0 X X 0 0 0 LYLE HOWLAND SECRETARY 2.0 6.0 X X 0 0 0 ROBERT ATCHINSON DIRECTOR 2.0 2.0 X 0 0 0 ROBERT KNAPP DIRECTOR 2.0 2.0 X 0 0 0 THOMAS LAUER DIRECTOR 2.0 2.0 X 0 0 0 WILLIAM ROMAN DIRECTOR (UNTIL 12/17) 2.0 2.0 X 0 0 0 WYCLIFFE GROUSBECK CHAIR 3.0 7.0 X X 0 0 0 KEITH D LILLEMOE MD DIRECTOR (SINCE 7/18) 2.0 2.0 X 0 1016692 62940 TINA SMITH DIRECTOR 2.0 2.0 X 0 0 0 THOMAS SEQUIST MD DIRECTOR (SINCE 7/18) 2.0 2.0 X 0 645752 46400 KATRINE BOSLEY DIRECTOR (SINCE 12/17) 2.0 2.0 X 0 0 0 JONATHAN KUTCHINS DIRECTOR (UNTIL 12/17) 2.0 4.0 X 0 0 0 CAROLANN WILLIAMS CFO & VP FINANCE AND ADMIN 3.0 57.0 X 0 491994 18998 MARTHA PYLE FARRELL ASSISTANT SECRETARY 3.0 57.0 X 0 399988 25895 MAUREEN KELLEY ASSISTANT SECRETARY 3.0 57.0 X 0 196400 21289 0 5862346 711029 0 false true false CAMBRIDGE ASSOCIATES 125 HIGH STREET BOSTON MA 02110 INVESTMENT CONSLTNT 400868 EDGEWOOD MANAGEMENT 535 MADISON AVENUE 15TH FLOOR NEW YORK NY 10022 INVESTMENT MGMT 147160 BOMIN COMMUNICATIONS GROUP INC 283 MYRTLE ST ASHLAND MA 01721 VIDEO PRODUCTION 133256 THE SILCHESTER INTERNATIONAL INVEST 780 THIRD AVE 42ND FLOOR NEW YORK NY 10017 INVESTMENT MGMT 122022 KILTEARN GLOBAL EQUITY FUND 733 WASHINGTON ROAD PITTSBURGH PA 15228 INVESTMENT MGMT 111347 5 1696842 15284425 1826937 16981267 0 2266689 -53199 2319888 0 0 0 0 0 487494402 433086447 54407955 54407955 54407955 57530 1696842 411666 -354136 -354136 0 0 0 0 0 0 GAIN ON BENEFICIAL INTEREST IN TRUSTS 612585 612585 612585 73914360 -53199 56986292 23096468 23096468 0 0 0 0 0 0 0 0 0 0 0 114032 114032 0 0 690928 690928 26 26 0 1962 1889 73 0 0 0 82763 82763 0 3709 3694 15 0 0 0 255 255 REIMB/MEEI/EMP BENEFITS 703631 703631 FOOD 6544 6544 BANK FEE 122031 122031 PATIENT CARE EXPENSE 206591 206591 444306 434306 10000 25473246 23832255 1640991 0 2097863 167569 0 0 8261007 9776639 0 0 0 0 0 0 0 0 0 0 0 0 0 0 106495562 0 115294710 266266383 0 0 0 0 53917408 71862600 286066550 348073191 38511 30708 0 0 0 0 0 0 0 0 0 0 0 0 0 0 69721256 92121868 69759767 92152576 X 93315231 109255562 47792609 67476661 75198943 79188392 216306783 255920615 286066550 348073191 48441114 -8827282 X false true X true false X 16441403 17354853 15144783 33592035 16981267 99514341 0 0 16441403 17354853 15144783 33592035 16981267 99514341 28840598 70673743 1360300 1484211 1678781 1877571 2319888 8720751 0 0 0 0 0 0 856070 0 820077 1102534 670115 3448796 111683888 0.63280 0.65368 X PART II, LINE 10: INCOME RELATES TO INCOME FROM FUNDRAISING EVENTS AND GAINS ON BENEFICIAL INTEREST IN TRUST. 73437271 3101773 24134233 3675186 1022838 95975253 72460656 10372206 4293494 12552747 1136338 73437271 72613174 1960347 2728854 3796280 1045439 72460656 78511651 1229040 -274466 5028553 1824498 72613174 87204661 746394 5114694 12790645 1763453 78511651 0.04780 0.71230 0.23990 false true true CLOSELY HELD EQUITIES 19238474 C OTHER 1090000 C DOMESTIC PARTNERSHIP 245937909 266266383 BENEFICIAL INTEREST IN TRUSTS 17524936 REMAINDER INTEREST-CHAR TRUST 458359 INTEREST IN PROFESSORSHIP 3000000 DUE FROM AFFILIATES 50879305 71862600 0 CHAR GIFT ANNUITY & UNITRUST P 448379 DUE TO AFFILIATES 91673489 92121868 X SCHEDULE D, PART V, LINE 4: THE ENDOWMENT FUNCTIONS TO SUPPORT THE MISSION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY TO PROVIDE SUPERIOR PATIENT CARE AND RESEARCH. THE INCOME FROM THE ENDOWMENT FUNDS ARE SUBJECT TO DONOR-IMPOSED STIPULATIONS USUALLY FOR RESEARCH, EDUCATION AND PATIENT CARE. SCHEDULE D, PART X, LINE 2: THE FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY, INC. ("THE FOUNDATION") WAS INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS WITH ITS AFFILIATED ORGANIZATIONS. THE INCOME TAX FOOTNOTE IS AS FOLLOWS : THE FOUNDATION AND ITS AFFILIATES QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER THE INTERNAL REVENUE CODE. THE FOUNDATION, INFIRMARY, ASSOCIATES, SCHEPENS AND EMBANKMENT ARE TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CIRCLE IS TAX-EXEMPT UNDER 501(C)(25) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND THERE WAS NO IMPACT TO THE FOUNDATION'S FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30, 2018. true Middle East and North Africa Program Services TRAVEL 8254 South Asia Program Services TRAVEL 4301 South America Program Services TRAVEL 8458 Europe (Including Iceland and Greenland) Program Services TRAVEL 15121 Sub-Saharan Africa Program Services TRAVEL 11526 Central America and the Caribbean Program Services TRAVEL 9244 East Asia and the Pacific Program Services TRAVEL 6396 North America Program Services TRAVEL 4211 67511 67511 true false true true true false The Organization identifies foreign expenditures separately on its books and records. X X X X X X true CA CT FL GA IL ME MD MA MI MN NH NJ NY NC OH PA RI SC VA Sense-ation 747927 707897 40030 99621 21000 203751 Marathon 846945 846945 1 159500 142000 17500 31920 21956 33418 1754372 1696842 57530 31920 121577 21000 237169 411666 -354136 PART I, LINE 2 MASSACHUSETTS EYE & EAR INFIRMARY FUNDRAISING EXPENSES ARE INCURRED AND REPORTED IN THE EXPENSES IN AUDITED FINANCIALS OF THE OPERATING ENTITY, MASS. EYE AND EAR INFIRMARY. true MASSACHUSETTS EYE AND EAR INFIRMARY 243 CHARLES STREET BOSTON MA 02114 042103591 501(C)(3) 18627395 FMV N/A TFR FOR SPECIFIC USES MASSACHUSETTS EYE AND EAR ASSOCIATES INC 243 CHARLES STREET BOSTON MA 02114 222658209 501(C)(3) 3570106 FMV N/A TFR FOR SPECIFIC USES SCHEPENS EYE RESEARCH INSTITUTE INC 20 STANIFORD STREET BOSTON MA 02114 042129889 501(C)(3) 755751 AMV N/A TFR FOR SPECIFIC USES HARVARD UNIVERSITY 1033 Massachusetts Ave Cambridge MA 02138 042103580 501(c)(3) 102450 FMV N/A SPEECH AND HEARING NEW ENGLAND EYE CENTER 800 Washington Street BOSTON MA 02111 043400617 501(c)(3) 20383 FMV N/A CORNEA RESEARCH MASS LIONS RESEARCH LAB AT BU 88 East Concord Street Boston MA 02118 042103547 501(c)(3) 20383 FMV N/A CORNEA RESEARCH 6 SCHEDULE I, PART I, LINE 2: THE FOUNDATION IS THE PARENT OF THE INFIRMARY, SCHEPENS EYE RESEARCH INSTITUTE AND THE MASSACHUSETTS EYE AND EAR ASSOCIATES (THE "ASSOCIATES"), A RELATED GROUP OF TAX-EXEMPT ENTITIES. TRANSFERS ARE MADE BETWEEN THESE GROUPS TO CARRY OUT THE MISSION THEY ARE DEDICATED TO: PATIENT CARE, RESEARCH AND TEACHING. THE BOARD OF DIRECTORS, MANAGEMENT TEAMS, MEDICAL DOCTORS, AND EMPLOYEES, WORK CLOSELY TO MONITOR AND ENSURE THAT THE POLICIES AND PROCEDURES IN PLACE WITH RESPECT TO THESE TRANSFERS ARE BEING CARRIED OUT TO FURTHER THE CHARITABLE CAUSE OF ALL ENTITIES. false true false false false false false false false CAROLANN WILLIAMS CFO & VP FINANCE AND ADMIN 0 426681 0 64503 0 810 0 4315 0 14683 0 510992 0 0 D BRADLEY WELLING MD DIRECTOR 0 914115 0 127345 0 21592 0 136840 0 21335 0 1221227 0 0 JOAN W MILLER MD DIRECTOR 0 753644 0 128076 0 23106 0 136840 0 11317 0 1052983 0 0 JOHN R FERNANDEZ PRESIDENT 0 742730 0 174465 0 226447 0 209674 0 19501 0 1372817 0 150000 MARTHA PYLE FARRELL ASSISTANT SECRETARY 0 327122 0 52544 0 20322 0 6423 0 19472 0 425883 0 0 MAUREEN KELLEY ASSISTANT SECRETARY 0 177987 0 1500 0 16913 0 2020 0 19269 0 217689 0 0 KEITH D LILLEMOE MD DIRECTOR (SINCE 7/18) 0 762929 0 137500 0 116263 0 36841 0 26099 0 1079632 0 0 THOMAS SEQUIST MD DIRECTOR (SINCE 7/18) 0 479500 0 99527 0 66725 0 24300 0 22100 0 692152 0 0 SCHEDULE J, PART I, LINE 3: THE FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY, INC. ("THE FOUNDATION") DOES NOT HAVE ANY PAID EMPLOYEES. EMPLOYEES OF THE FOUNDATION ARE LEASED FROM THE MASSACHUSETTS EYE AND EAR INFIRMARY ("THE INFIRMARY"), A RELATED ORGANIZATION. THE INFIRMARY USED A COMPENSATION COMMITTEE, COMPENSATION SURVEY, APPROVAL BY THE BOARD, AND AN INDEPENDENT COMPENSATION CONSULTANT TO ESTABLISH THE COMPENSATION OF THE PRESIDENT. SCHEDULE J, PART I, LINE 4B: CERTAIN INDIVIDUALS PARTICIPATE IN DEFERRED COMPENSATION ARRANGEMENTS WITH MASSACHUSETTS EYE AND EAR. UNDER THIS AGREEMENT, JOHN FERNANDEZ WILL BE CREDITED $200,000 FOR CALENDAR YEAR 2017. JOAN MILLER AND D. BRADLEY WELLING WILL EACH BE CREDITED $100,000 FOR CALENDAR YEAR 2017. EACH ANNUAL CREDIT WILL VEST ON THE FOURTH ANNIVERSARY OF THE DATE SUCH CREDIT WAS MADE OR UPON (1) THE ATTAINMENT OF THE AGE OF 65 WHILE EMPLOYED; (2) TERMINATION WITHOUT CAUSE OR RESIGNATION FOR GOOD REASON; (3) DEATH; (4) DISABILITY; OR (5) CHANGE OF CONTROL OF MASSACHUSETTS EYE AND EAR WITHIN THE MEANING OF SECTION 409A OF THE INTERNAL REVENUE CODE. MR. FERNANDEZ RECEIVED A PAYOUT OF $195,795 FROM HIS DEFERRED COMPENSATION AGREEMENT IN 2017. X 51 1826937 HI/LO MEAN false true false SCHEDULE M, PART I, COLUMN (B) THE FOUNDATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED DURING THE YEAR. FORM 990, PART I, LINE 1 & PART III, LINE 1: THE FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY, INC. ("THE FOUNDATION") IS ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSE OF THE MASSACHUSETTS EYE AND EAR INFIRMARY, (THE "INFIRMARY") A TAX EXEMPT MEDICAL AND SURGICAL HOSPITAL WHICH PROVIDES PATIENT CARE, RESEARCH AND EDUCATION IN OPHTHALMOLOGY, OTOLARYNGOLOGY AND RELATED SPECIALTIES. THE FOUNDATION RAISES FUNDS, INVESTS FUNDS AND MAKES GRANTS TO THE INFIRMARY. Effective April 1, 2018, the Foundation became part of the comprehensive, integrated healthcare system organized and operated by Partners Healthcare System, Inc, ("Partners") that includes hospitals, physicians, charitable, scientific, educational, research and other Partners affiliated organizations. As part of the system the Foundation will assist and support Partners and the Partners affiliated organizations in fulfilling their mission. PART III, Line 3 Effective April 1, 2018, the Foundation became part of the comprehensive, integrated healthcare system organized and operated by Partners Healthcare System, Inc, ("Partners") that includes hospitals, physicians, charitable, scientific, educational, research and other Partners affiliated organizations. As part of the system the Foundation will assist and support Partners and the Partners affiliated organizations in fulfilling their mission. FORM 990, PART VI, LINE 1A: THE FOUNDATION'S BYLAWS STATE THE FOLLOWING: THERE SHALL BE AN EXECUTIVE COMMITTEE CONSISTING OF THE CHAIR OF THE BOARD OF DIRECTORS, WHO SHALL CHAIR THE COMMITTEE, THE VICE CHAIR(S) OF THE BOARD OF DIRECTORS, IF ANY, THE SECRETARY, THE TREASURER, THE PRESIDENT OF THE CORPORATION, AND TWO OTHER MEMBERS OF THE BOARD OF DIRECTORS APPOINTED ANNUALLY ON A ROTATING BASIS BY THE BOARD OF DIRECTORS UPON RECOMMENDATION OF THE CHAIR OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER TO TRANSACT ALL EMERGENCY BUSINESS OF THE CORPORATION DURING THE PERIOD BETWEEN THE MEETINGS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL ALSO TRANSACT SUCH BUSINESS, PERFORM SUCH DUTIES, AND EXERCISE SUCH POWERS AS MAY BE DIRECTED OR DELEGATED BY THE BOARD OF DIRECTORS FROM TIME TO TIME. THE EXECUTIVE COMMITTEE SHALL KEEP A RECORD OF ITS PROCEEDINGS. ALL ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED TO THE BOARD OF DIRECTORS AT ITS NEXT REGULAR MEETING. EFFECTIVE APRIL 1, 2018 THE AMENDED AND RESTATED BYLAWS NO LONGER PROVIDE FOR AN EXECUTIVE COMMITTEE. PART VI, LINE 4 Effective April 1, 2018 the Foundation restated its Articles of Organization to reflect its affiliation with Partners Healthcare System, Inc. ("Partners"). The Foundation's restated Articles of Organizations included: change of its purpose to reflect is affiliation with Partners and support for Partners integrated healthcare delivery system; and change its sole member to reflect that Partners acting through its board of directors shall be the sole member of the Foundation. Effective April 1, 2018 the Foundation amended and restated its bylaws to reflect its affiliation with Partners. The Foundation's restated bylaws included: Change its sole member to reflect that Partners acting through its board of directors shall be the sole member of the Foundation; Outline and provide for the authorities of the sole member including: adoption of the capital and operating budgets for the organization; approval of unbudgeted capital and operating budgets; approval of debt financed transactions; approval of the appointment of independent public accountants; approval of any pledge, sale or other disposition of all or substantially all the property or assets of the corporation; approval of a liquidation, dissolution or other restructuring; and approval of any person to fill the office of President. PART VI, LINE 6 Effective April 1, 2018 the sole member of the corporation is Partners Healthcare System, Inc. PART VI, LINE 7B The sole member effective April 1, 2018 has the authority to: adoption of the capital and operating budgets for the organization; approval of unbudgeted capital and operating budgets; approval of debt financed transactions; approval of the appointment of independent public accountants; approval of any pledge, sale or other disposition of all or substantially all the property or assets of the corporation; approval of a liquidation, dissolution or other restructuring; and approval of any person to fill the office of President. FORM 990, PART VI, LINE 11B: THE FOUNDATION'S FORM 990 IS PREPARED BY PRICEWATERHOUSECOOPERS, LLP USING INFORMATION PREPARED BY MANAGEMENT. AFTER THE FORM 990 IS COMPLETED, IT IS REVIEWED BY THE MANAGER OF INVESTMENTS AND FOUNDATION ACCOUNTING OF THE FOUNDATION. THE FORM 990 IS THEN PRESENTED TO THE FINANCE COMMITTEE FOR FURTHER REVIEW AND APPROVAL AS AUTHORIZED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS IS ALSO GIVEN THE FORM 990 FOR REVIEW WITH TIME TO SUBMIT COMMENTS AND QUESTIONS BEFORE FINAL FILING. FORM 990, PART VI, LINE 12C: ALL EMPLOYEES OF THE FOUNDATION ARE LEASED FROM THE INFIRMARY AND COVERED BY THE INFIRMARY CONFLICT OF INTEREST POLICY. MEMBERS OF THE STAFF ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST TO THEIR CHIEF OF SERVICE, DEPARTMENT AND DIRECTOR OF LABORATORY/UNIT. MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY, IN WRITING, ANY INTERESTS THAT COULD RISE TO CONFLICTS. THE OFFICE OF THE INTERNAL LEGAL COUNSEL OBTAINS AND REVIEWS THE ANNUAL CONFLICTS OF INTEREST STATEMENTS SUBMITTED BY MEMBERS OF THE BOARD OF DIRECTORS, AND REPORTS ON THE SAME TO THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD. WITH RESPECT TO INTERESTS DISCLOSED BY THE BOARD MEMBERS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST, THE INTERNAL LEGAL COUNSEL REVIEWS ALL TRANSACTIONS BETWEEN SUCH INTERESTS AND AFFILIATES OF THE FOUNDATION, TO DETERMINE WHETHER THESE TRANSACTION WERE CONDUCTED AT ARM'S LENGTH. FORM 990, PART VI, LINE 15: EMPLOYEES ARE LEASED FROM THE INFIRMARY. PLEASE SEE THE INFIRMARY'S RETURN FOR COMPENSATION DISCLOSURES. THE CHAIRMAN OF THE COMPENSATION COMMITTEE OF THE BOARD OF THE MASSACHUSETTS EYE AND EAR INFIRMARY PRESENTS A RECOMMENDATION TO THE COMPENSATION COMMITTEE WHO HAVE FINAL APPROVAL OF THE CEO'S BASE SALARY AND BONUS AMOUNT. THE CEO RECOMMENDS EXECUTIVE SALARIES TO THE COMPENSATION COMMITTEE OF THE BOARD WHICH HAS FINAL AUTHORIZATION TO APPROVE IT. THE COMPENSATION COMMITTEE MEETING WAS HELD ON NOVEMBER 15, 2017. TOTAL COMPENSATION FOR THE CEO, CHIEFS AND VICE PRESIDENTS, INCLUDING BONUS PAYMENTS, INCLUDING COMPARABILITY DATA, IS ANALYZED BY INDEPENDENT COMPENSATION CONSULTANTS AND IS DETERMINED TO BE REASONABLE. FORM 990, PART VI, LINE 19: SUMMARIZED FINANCIAL STATEMENTS ARE AVAILABLE ON THE INFIRMARY'S WEBSITE: WWW.MASSEYEANDEAR.ORG. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE FORM 990 IS AVAILABLE UPON REQUEST. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART VII: COMPENSATION IS FOR PROFESSIONAL SERVICES AND NOT FOR SERVICE AS OFFICERS. THE FOUNDATION LEASES EMPLOYEES FROM THE INFIRMARY. PLEASE SEE THE INFIRMARY'S RETURN FOR COMPENSATION DISCLOSURES. MASSACHUSETTS EYE & EAR INFIRMARY 243 CHARLES STREET BOSTON MA 02114 042103591 HOSPITAL MA 501(C)(3) 3 FOUNDATION true MASSACHUSETTS EYE & EAR ASSOCIATES INC 243 CHARLES STREET BOSTON MA 02114 222658209 PATIENT CARE MA 501(C)(3) 9 FOUNDATION true EMBANKMENT SERVICES INC 243 CHARLES STREET BOSTON MA 02114 043272965 SUPPORT MA 501(C)(3) 12-TYPE I FOUNDATION true CIRCLE COMPANY INC 243 CHARLES STREET BOSTON MA 02114 042801797 TITLE HOLDNG MA 501(C)(25) N/A FOUNDATION true SCHEPENS EYE RESEARCH INSTITUTE INC 20 STANIFORD STREET BOSTON MA 02114 042129889 RESEARCH MA 501(C)(3) 7 FOUNDATION true PARTNERS HEALTHCARE SYSTEM INC (PHS) 800 BOYLSTON STREET BOSTON MA 02199 043230035 HOSPITAL MA 501(c)(3) 3 NA false PARTNERS HEALTHCARE GROUP (SEE PART VII) 800 BOYLSTON STREET BOSTON MA 02199 HEALTHCARE MA 501(c)(4) 10 PHS true NEIGHBORHOOD HEALTH PLAN INC 253 Summer Street BOSTON MA 02210 042932021 INSURANCE MA 501(c)(4) NONE PHS true COMMUNITY HEALTH ALLIANCE INC 253 SUMMER STREET BOSTON MA 02110 043454185 INSURANCE MA 501(c)(3) 12A NHP true PARTNERS POOLED INVESTMENT HOLDINGS LLC 800 BOYLSTON STREET BOSTON MA 02199 821715859 SUPPORT ORG. MA 501(c)(3) 12A PHS true PHS BAY COLONY 245 Park Avenue NEW YORK NY 10167 133887448 INVESTMENTS DE NA N/A PARTNERS HEALTHCARE SYSTEM POOLED INVEST 101 MERRIMAC STREET BOSTON MA 02114 043268842 INVESTMENTS MA NA N/A RADIATION THERAPY OF SOUTHEASTERN MA LLC 375 LONGWOOD AVENUE BOSTON MA 02115 010873580 RADIATION THERAPY MA NA N/A PARTNERS INNOVATION FUND LLC 101 HUNTINGTON AVENUE BOSTON MA 02199 262899986 INVESTMENTS MA NA N/A PARTNERS HEALTHCARE ACCOUNTABLE CARE ORG 399 REVOLUTION DRIVE SOMERVILLE MA 02145 812762122 ACCOUNTABLE CARE MA NA N/A Newton-Wellesley Physician Hospital Org 2014 Washington Street NEWTON MA 02462 043209749 Healthcare MA NA SUBCH. C CORP. ALLWAYS HEALTH PARTNERS INSURANCE COMPAN 399 REVOLUTION DRIVE SOMERVILLE MA 02145 830970929 INSURANCE COMPANY MA N/A SUBCH. C CORP. false true false false false false false false false false false true true true true false false true MASSACHUSETTS EYE AND EAR INFIRMARY B 18627395 CASH MASSACHUSETTS EYE AND EAR ASSOCIATES INC B 3570106 CASH SCHEPENS EYE RESEARCH INSTITUTE INC B 755751 CASH MASSACHUSETTS EYE AND EAR INFIRMARY M 2723970 CASH MASSACHUSETTS EYE AND EAR INFIRMARY O 703630 CASH MASSACHUSETTS EYE AND EAR ASSOCIATES INC S 6199142 CASH MASSACHUSETTS EYE AND EAR INFIRMARY P 13424383 CASH SCHEDULE R, PART II EFFECTIVE APRIL 1, 2018, THE ORGANIZATION BECAME RELATED TO PARTNERS HEALTHCARE SYSTEM, INC. AND ITS RELATED ENTITIES IN ITS GROUP EXEMPTION. EFFECTIVE OCTOBER 1, 2018, THE ORGANIZATION BECAME PART OF THE PARTNERS GROUP EXEMPTION.