2016-02-15T09:13:02-07:00 2015-06-30 990 2014-07-01 381676540 PINE REST FOUNDATION PINE 6164555000 PO Box 165 Grand Rapids MI 495010165 Paul Karsten Chief Financial Officer 6164555000 2016-02-15 2014 2016-08-17 19:52:53Z Mark Eastburg PO Box 165 Grand Rapids MI 495010165 23993759 0 X www.pinerest.org X 1960 MI The Pine Rest Foundation was organized to raise funds by means of memberships and gifts, to manage investment assets in an effort to increase available funds, and to provide grants that support the services and mission of Pine Rest Christian Mental Health Services which is to express the healing ministry of Jesus Christ by providing behavioral health care with professional excellence, Christian integrity and compassion. 16 14 0 14 0 0 402915 1315438 0 0 3597342 758220 -105280 -58494 3894977 2015164 960000 2438723 0 0 0 0 0 0 0 172918 219001 1132918 2657724 2762059 -642560 24758616 25043181 46833 217414 24711783 24825767 The Pine Rest Foundation was organized to raise funds by means of memberships and gifts, to manage investment assets in an effort to increase available funds, and to provide grants that support the services and mission of Pine Rest Christian Mental Health Services which is to express the healing ministry of Jesus Christ by providing behavioral health care with professional excellence, Christian integrity and compassion. 0 0 2438723 0 0 Each year, following a specific formula, the Pine Rest Foundation awards grants to Pine Rest Christian Mental Health Services to fund various aspects of behavioral health care and counseling programs. An award of $631,121 was made to provide funds for financial assistance for patients with the inability to pay for services. An additional $829,058 was made available for education, prevention, and support programs through the Hospital. Funding was provided for the continued development of a Residency Program, specifically the Outpatient Residency Clinic as the first class of recruits moves to Phase 2- Outpatient study. Funding was also provided to improve Hospital Based Services through bettering new-employee orientation and training. Funding was also provided to implement a systematic assessment of patient violence. The remaining 978,544 represents the Pine Rest Foundation's responsibilty as the "single-portal" for all donations intended for the Pine Rest Foundation and Pine Rest Christian Mental Health Services "PRCMHS", the related organization. 0 0 0 null 0 0 0 2438723 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 16 14 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MI X Paul H Karsten 6164555000 300 68th Street SE Grand Rapids MI 495486927 Mark Eastburg Board Member 2 38 X 0 335312 38630 Teresa Newmarch Current Executive Director 20 20 X 0 75684 7011 Margaret Breon Board Member 1 0 X 0 0 0 Antoine Campbell Board Member 1 0 X 0 0 0 Samantha Howell Board Member 1 0 X 0 0 0 Suzanne Keep Board Member 1 1 X 0 0 0 Allen VanderLaan Board Member 1 0 X 0 0 0 Stephen Wert Vice President 4 0 X X 0 0 0 Jan Winters Treasurer 4 0 X X 0 0 0 Peter Baldwin Secretary 4 0 X X 0 0 0 Jeff Yonker President 4 0 X X 0 0 0 Tim Schowalter Board Member 1 0 X 0 0 0 Peter Boumgarden Board Member 1 0 X 0 0 0 Gary Werkman Board Member 1 1 X 0 0 0 Lauretta Murphy Board Member 1 0 X 0 0 0 Abigayle Sladick Board Member 1 0 X 0 0 0 Peter Harkema Former Interim Executive Director 20 20 X 0 22838 0 Randall Johnson Former Executive Director 20 20 X 0 53863 879 0 487697 46520 1 1 1 0 Merrill Lynch 250 Monroe Ave NW Ste 600 Grand Rapids MI 49503 Investment management fees 150183 1 0 1645 370200 0 0 943593 0 1315438 0 0 0 0 0 -1795582 0 0 -1795582 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24415178 0 21861376 0 2553802 0 2553802 0 0 2553802 58725 370200 117219 -58494 0 -58494 0 0 0 0 0 0 0 0 0 0 0 0 0 2015164 0 0 699726 2438723 2438723 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1423 0 1423 0 0 0 0 0 6700 0 6700 0 0 0 0 0 0 0 150183 0 150183 0 0 0 0 0 0 0 0 0 15238 0 15238 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Annuties 39698 0 39698 0 5759 0 5759 0 2657724 2438723 219001 0 136526 1340313 0 0 23800 15600 2500 0 0 0 0 0 0 0 0 0 0 0 24595790 23687268 24758616 25043181 46833 217414 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 46833 217414 X 21005910 21119894 0 0 3705873 3705873 24711783 24825767 24758616 25043181 X -642560 0 0 0 0 756544 X 0 1 X 1 0 X X 1 PINE REST CHRISTIAN MENTAL HEALTH SERVICES 381368360 3 1 2438723 0 1 2438723 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3705873 0 90033 90033 0 0 3705873 3705873 0 518745 518745 0 0 3705873 3705873 0 414875 414875 0 0 3705873 3705873 0 27864 27864 0 0 3705873 3705873 0 656416 656416 0 0 3705873 0 1 0 0 0 0 0 X Schedule D, Part V, Line 4 The permanent endowment funds will be held in perpetuity and the income generated by the corpus of these funds will be used to fulfill the misson of the Foundation. Schedule D, Part X, Line 2 The Corporation is a not for profit corporation pursuant to Section 501 (c)(3) of the Internal Revenue Code and is exempt from income taxes on related income pursuant to Section 501 (a). The Corporation recognized interest and penalties related to unrecognized tax positions and includes these in interest and income tax expenses. The Corporation has no amounts accrued for interest and penalties as of June 30, 2015 and 2014. The Corporation does not expect the total amount of unreocognized tax benefits to significantly change oer the next twelve months. The Corporation is no longer subject to examination by taxing authorities for years before 2011. Annual Golf Classic 123500 95150 28350 0 4011 24387 0 0 5827 Foundation Fall Dinner 305425 275050 30375 0 0 47168 0 15000 20826 0 428925 370200 58725 0 4011 71555 0 15000 26653 117219 -58494 1 Pine Rest Christian Mental Health Services PO Box 165 Grand Rapids MI 495010165 381368360 501(c)(3) 2438723 0 Cash Value The purpose of the funds was to support the programs, services and mission of Pine Rest Christian Mental Health Services, its sole member. 1 0 Schedule I, Part I, Line 2 All grants are reviewed by the Foundation Board of Governors on a regular basis. Each specific service or program is monitored periodically by an assigned governor. This involves regular contact between the Board of Governors and the manager responsible for utilizing the grant funds for their intended purpose. 0 0 0 0 0 0 0 0 0 Mark Eastburg Board Member 0 304373 0 30938 0 4089 0 17500 0 17042 0 373942 0 0 Randall Johnson Former Executive Director 0 53863 0 0 0 25 0 0 0 854 0 54742 0 0 Peter Harkema Former Interim Executive Director 0 22838 0 0 0 0 0 0 0 0 0 22838 0 0 Schedule J, Part I, Line 3 The related organization, Pine Rest Christian Mental Health Services, has adopted a written Executive Compensation Plan and has delegated to the Board Compensation Committee the responsibility for implementing and overseeing compensation issues, with regular reporting to the Pine Rest Board. Form 990, Part VI, Section A, Line 6 The Pine Rest Foundation is a corporation organized on a membership basis. The corporation's sole member is Pine Rest Christian Mental Health Services, a nonprofit corporation. Form 990, Part VI, Section A, Line 7b The Pine Rest Foundation is a corporation organized on a membership basis. The corporation's sole member is Pine Rest Christian Mental Health Services, a nonprofit corporation. Decisions of the governing board are subject to approval by the sole member. Form 990, Part VI, Section B, Line 11b The organization made the decision to have the Pine Rest Foundation Board Members review the Form 990 for the full year: July 1, 2014 to June 30, 2015 at the first Pine Rest Foundation Board Meeting to take place subsequant to completion and prior to filling. This meeting took place on Wednesday January 20, 2016 and fulfuilled the required procedures for the review and approval of the Form 990. Form 990, Part VI, Section B, Line 12c The organization requires each of its Board members review the conflict of interest policy annually. The organization also requires Board members to complete a specific Conflict of Interest questionnaire annually, where they must disclose any potential conflicts. Form 990, Part VI, Section C, Line 19 All documents are available to the public upon request. Form 990, Part XI, Line 9 The organization made the decision to transfer an Unrestricted Board-Designated fund from the related organization (Pine Rest Christian Mental Health Services) to Pine Rest Foundation. This resulted in an increase to the fund balance account. Pine Rest Christian Mental Health Services PO Box 165 Grand Rapids MI 495010165 381368360 Provides behavioral health services in inpatient, outpatient, and residential settings. MI 501(c)(3) 3 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 Pine Rest Christian Mental Health Services b 1555088 Each year, following a specific formula, the Pine Rest Foundation awards grants to Pine Rest Christian Mental Health Services to fund various aspects of behavorial health care and counseling programs. Pine Rest Christian Mental Health Services l 883635 The Pine Rest Foundation serves as the "single-portal" for all donations intended for the Pine Rest Foundation and Pine Rest Christian Mental Health Services, the related organization. Pine Rest Christian Mental Health Services p 6700 The Pine Rest Foundation paid the related organization, Pine Rest Christian Mental Health Services, for audit fees. Pine Rest Foundation received approval for Form 8868 extending the due date to February 15, 2016