SHEPPARD PRATT INVESTMENT INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- SHEPPARD PRATT INVESTMENT INC (EIN 52-1388935)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-10
- IRS object ID
- 201201319349302375
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-10T14:56:15-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SC&H TAX & ADVISORY SERVICES LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 910 RIDGEBROOK ROAD | AddressLine1 |
| City | SPARKS | City |
| State | MD | State |
| ZIP Code | 21152 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521388935 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHEPPARD PRATT INVESTMENT INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SHEP | NameControl |
| Phone | 4109383344 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 6815 | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21285 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PATRICIA PINKERTON | Name |
| Title | CFO | Title |
| Phone | 4109383337 | Phone |
| Date Signed | 2012-05-07 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LORI S BURGHAUSER | Name |
| Phone | 4104031500 | Phone |
| Date Prepared | 2012-05-07 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | PATRICIA PINKERTON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 6815 | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21285 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 37719683 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1985 | YearFormation |
| State Legal Domicile | MD | StateLegalDomicile |
| Activity Or Mission Description | TO HOLD AND MANAGE ENDOWMENT FUNDS OF RELATED NONPROFIT ENTITIES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 9 | TotalNbrVolunteers |
| Total Gross UBI | 5977 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 4977 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5074673 | InvestmentIncomePriorYear |
| Investment Income Current Year | 5602007 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 254652 | OtherRevenuePriorYear |
| Other Revenue Current Year | 247124 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5329325 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5849131 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 777069 | OtherExpensePriorYear |
| Other Expenses Current Year | 889451 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 777069 | TotalExpensesPriorYear |
| Total Expenses Current Year | 889451 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4552256 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 4959680 | RevenuesLessExpensesCY |
| Total Assets BOY | 91245292 | TotalAssetsBOY |
| Total Assets EOY | 105316197 | TotalAssetsEOY |
| Total Liabilities BOY | 653151 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1736062 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 90592141 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 103580135 | NetAssetsOrFundBalancesEOY |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 889451 | Expense |
| Description | HOLD AND MANAGE ENDOWMENT FUNDS OF RELATED NONPROFIT ENTITIES | Description |
| Total Program Service Expense | 889451 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DONNA CORBETT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4109383344 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6501 N CHARLES ST | AddressLine1 |
| City | TOWSON | City |
| State | MD | State |
| ZIP Code | 21285 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (13 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | FormerFormer |
|---|---|---|---|---|---|---|---|
| JENNIFER W REYNOLDS | |||||||
| CHAIRPERSON | 1.00 | X | X | 0 | 0 | 0 | |
| CHARLES E KNUDSEN | |||||||
| VICE CHAIRPERSON | 1.00 | X | X | 0 | 0 | 0 | |
| S WINFIELD CAIN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHARLES COLE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SUSAN FENIMORE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR W BYRON FORBUSH | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DANIEL B HIRSCHHORN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| H THOMAS HOWELL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| KATHLEEN KENNEDY TOWNSEND | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| STEVEN S SHARFSTEIN MD | |||||||
| PRESIDENT & CEO | 1.00 | X | 0 | 750829 | 68453 | ||
| PATRICIA PINKERTON | |||||||
| VP, CFO, SEC/TREASURER | 1.00 | X | 0 | 378365 | 65706 | ||
| EILEEN EICH | |||||||
| ASSISTANT SECRETARY | 1.00 | X | 0 | 50153 | 24850 | ||
| DIANA RAMSAY | |||||||
| FORMER EXECUTIVE VP & COO | 0.00 | 0 | 185639 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 1364986 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 159009 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STATE STREET CORPORATION | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE LINCOLN STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | FUND CUSTODIAN | DescriptionOfServices |
| Compensation | 139456 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3095671 | TotalRevenueColumn |
| Unrelated Business Revenue | 5977 | UnrelatedBusinessRevenue |
| Exclusion | $3,089,694 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 22665 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 7041 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 15624 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 15624 | TotalRevenueColumn |
| Exclusion | $15,624 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 34369847 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 31863511 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2506336 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2506336 | TotalRevenueColumn |
| Exclusion | $2,506,336 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INTERCORPORATE INTERES | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 231500 | TotalRevenueColumn |
| Exclusion | $231,500 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 231500 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5849131 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 5977 | UnrelatedBusinessRevenue |
| Exclusion | $5,843,154 | ExclusionAmount |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 460397 | Total |
| Program Services | 460397 | ProgramServices |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| EXPENSES FROM PASSTHROU | 393100 | 393100 |
| TAX EXPENSE | 35954 | 35954 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 889451 | Total |
| Program Services | 889451 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1665924 | BOY |
| EOY | 981163 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2799976 | BOY |
| EOY | 2668212 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3164169 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 132799 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3038410 | BOY |
| EOY | 3031370 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65137005 | BOY |
| EOY | 77766364 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13874947 | BOY |
| EOY | 16124511 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4729030 | BOY |
| EOY | 4744577 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 91245292 | BOY |
| EOY | 105316197 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 271624 | BOY |
| EOY | 1370160 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 381527 | BOY |
| EOY | 365902 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 653151 | BOY |
| EOY | 1736062 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90592141 | BOY |
| EOY | 103580135 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90592141 | BOY |
| EOY | 103580135 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 91245292 | BOY |
| EOY | 105316197 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 4959680 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 8028314 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type1 | X | SupportingOrg509a3Type1 |
| Contrib By Controlling Individual | 0 | ContribByControllingIndividual |
| Contribution By Related Party | 0 | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | 0 | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHEPPARD AND ENOCH PRATT FOUNDATION AND SUBSIDIARIES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521357109 | EIN |
| Type Of Organization | 501(C)(3) | TypeOfOrganization |
| Listed In Governing Doc | 1 | ListedInGoverningDoc |
| Amount | $3,926,736 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 1 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 3926736 | SumOfAmounts |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 90592142 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 16914730 | InvestmentEarningsOrLosses |
| Other Expenditures | 3926737 | OtherExpenditures |
| End Of Year Balance | 103580135 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 82245839 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 11000983 | InvestmentEarningsOrLosses |
| Other Expenditures | 2654680 | OtherExpenditures |
| End Of Year Balance | 90592142 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 97499752 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -12510896 | InvestmentEarningsOrLosses |
| Other Expenditures | 2743017 | OtherExpenditures |
| End Of Year Balance | 82245839 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 1.00000 | BoardDesignatedEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 3008709 | InvestmentCostOrOtherBasis |
| Book Value | 3008709 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 155460 | InvestmentCostOrOtherBasis |
| Depreciation | 132799 | Depreciation |
| Book Value | 22661 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 3031370 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| INVESTMENTS IN PARTNERSHIPS | 15792560 | F |
| INVESTMENTS IN NONPROFIT JVS | 331951 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 16124511 | TotalOfBookValueSecurities |
| Total Revenue | 5849131 | TotalRevenue |
| Total Expenses | 889451 | TotalExpenses |
| Excess Or Deficit For Year | 4959680 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 11615438 | NetUnrealizedGLOnInvestments |
| Other | -$3,587,124 | OtherAmount |
| Total Adjustments | 8028314 | TotalAdjustments |
| Excess Or Deficit Per FS | 12987994 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 16914730 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 11615438 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 11615438 | RevenueNotRptdF990 |
| Revenue Subtotal | 5299292 | RevenueSubtotal |
| Other Revenues Not Included | 549839 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 549839 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 5849131 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 0 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 0 | ExpensesSubtotal |
| Other Expenses Not Included | 889451 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 889451 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 889451 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | INTERCORPORATE TRANSFERS -3,926,736. BOOK/TAX DIFFERENCE ON PARTNERSHIP INCOME AND EXPENSES 339,612. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT EXPENSE NETTED TOGETHER WITH REVENUE ON FINANCIAL STATEMENTS 460,397. TAX EXPENSE NETTED TOGETHER WITH REVENUE ON FINANCIAL STATEMENTS 35,954. BOOK/TAX DIFFERENCE FROM PASSTHROUGH ENTITIES 53,488. |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT EXPENSE NETTED TOGETHER WITH REVENUE ON FINANCIAL STATEMENTS 460,397. TAX EXPENSE NETTED TOGETHER WITH REVENUE ON FINANCIAL STATEMENTS 35,954. EXPENSES FROM PASSTHROUGH ENTITIES 393,100. |
| PARTS XI, XII, AND XIII RECONCILE TO SEPARATE COMPANY FINANCIAL STATEMENTS OF SHEPPARD PRATT INVESTMENT, INC. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STEVEN S SHARFSTEIN MD | |||||||||||||
| 0 | 727855 | 0 | 0 | 0 | 22974 | 0 | 62005 | 0 | 6448 | 0 | 819282 | 0 | 0 |
| PATRICIA PINKERTON | |||||||||||||
| 0 | 375071 | 0 | 0 | 0 | 3294 | 0 | 49479 | 0 | 16227 | 0 | 444071 | 0 | 0 |
| DIANA RAMSAY | |||||||||||||
| 0 | 0 | 0 | 0 | 0 | 185639 | 0 | 0 | 0 | 0 | 0 | 185639 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINES 4A-B | ReturnReference |
| Explanation | LINE 4A: DIANA RAMSAY, FORMER EXECUTIVE VICE PRESIDENT AND COO, RECEIVED SEVERANCE PAYMENTS IN THE AMOUNT OF $185,639. LINE 4B: THE FOLLOWING PARTICIPATED IN SHEPPARD PRATT'S 457(F) PLAN: PATRICIA PINKERTON $25,000 THE TOP MANAGEMENT AND OFFICERS WERE NOT COMPENSATED BY THE ORGANIZATION. THEY WERE COMPENSATED BY A RELATED ORGANIZATION. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MT VERNON ASSOCIATES | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | INDIRECT BUSINESS RELATIONSHIP | Relationship |
| Amount Of Transaction | 40133 | AmountOfTransaction |
| Description Of Transaction | S. WINFIELD CAIN IS A TRUSTEE ON THE ORGANIZATION'S BOARD. HE IS THE CHAIR OF THE BOARD OF MT. VERNON ASSOCIATES WHICH IS AN INVESTMENT MANAGER FOR ENDOWMENT AND PENSION FUNDS. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| 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 & ENOCH PRATT FOUNDATION HOLDS RESERVED RIGHTS WHICH INCLUDE THE POWERS TO APPOINT BOARD MEMBERS. | |
| FORM 990, PART VI, SECTION A, LINE 7B | SHEPPARD & ENOCH PRATT FOUNDATION 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 11 | THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES WILL REVIEW AND APPROVE THE 990. FOLLOWING FINANCE COMMITTEE APPROVAL OF THE 990 ON 4/17/12, THE CFO WILL MAKE COPIES AVAILABLE TO BOARD MEMBERS PRIOR TO FILING THE FORM 990. | |
| 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 TO THE CHAIRMAN OF THE BOARD FOR REVIEW. CONFLICTS ARE REPORTED AT BOARD MEETINGS AS APPROPRIATE. | FORM 990, PART VI, SECTION B, LINE 12C | |
| SALARIES OF THE CEO AND TOP MANAGEMENT/PHYSICIANS ARE REVIEWED BY THE EMPLOYEE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THIS COMMITTEE IS COMPRISED OF INDEPENDENT TRUSTEES. THE TRUSTEES REVIEW COMPENSATION FOR REASONABLENESS. THEY USE COMPARATIVE INDUSTRY DATA IN THEIR REVIEW PROCESS. THE PROCESS FOR EMPLOYEE COMPENSATION INCLUDES DEVELOPMENT OF COMPENSATION RECOMMENDATIONS BASED ON MARKET SURVEYS AND OTHER COMPARATIVE INDUSTRY DATA. THE SALARY INFORMATION FOR THIS GROUP IS OBTAINED BY A CONSULTANT THAT IS EMPLOYED BY THE EXECUTIVE COMPENSATION COMMITTEE. THIS CONSULTANT USES CURRENT MARKET COMPENSATION SURVEYS AND OTHER COMPARATIVE INDUSTRY DATA TO MAKE RECOMMENDATIONS. THE RECOMMENDATIONS ARE THEN PRESENTED TO THE EXECUTIVE COMPENSATION COMMITTEE FOR APPROVAL. THE EXECUTIVE COMPENSATION COMMITTEE REPORTS THAT COMPENSATION WAS APPROVED TO THE FULL BOARD. THE ORGANIZATION DOES NOT PAY ANY EMPLOYEES DIRECTLY, INSTEAD THEY ARE COMPENSATED BY A RELATED ORGANIZATION. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE PARENT ORGANIZATION POSTS ITS FINANCIAL STATEMENTS QUARTERLY ON THE DAC WEBSITE. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER POLICIES ARE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| THE EXECUTIVE MANAGEMENT TEAM DEVOTE MORE THAN 40 HOURS PER WEEK TO THE FOLLOWING RELATED ORGANIZATIONS: SHEPPARD PRATT HEALTH SYSTEM, INC., SHEPPARD PRATT INVESTMENT, INC., SHEPPARD AND ENOCH PRATT FOUNDATION, INC., AND SHEPPARD PRATT PHYSICIAN'S P.A. | FORM 990, PART VII, COLUMN B | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 11,615,438. INTERCORPORATE TRANSFERS -3,926,736. BOOK/TAX DIFFERENCE ON PARTNERSHIP INCOME AND EXPENSES 339,612. TOTAL TO FORM 990, PART XI, LINE 5: 8,028,314. | FORM 990, PART XI, LINE 5: |
| THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | PART XII, LINE 2C |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (10 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| SHEPPARD PRATT PHYSICIANS PA INC | ||||||||||
| PO BOX 6815 | BALTIMORE | MD | 21285 | 521392214 | PROVIDE HEALTHCARE TO PATIENTS & RESIDENCY TRAINING TO MEDICAL PROFESSIONALS | MD | 501(C)(3) | 9 | SHEPPARD AND ENOCH PRATT FOUNDATION INC | 0 |
| SHEPPARD PRATT HEALTH SYSTEM INC | ||||||||||
| PO BOX 6815 | BALTIMORE | MD | 21285 | 520591684 | PROVIDES INPATIENT/OUTPATIENT CARE, EDUCATIONAL SVCS, & RESIDENTIAL SVCS | MD | 501(C)(3) | 3 | SHEPPARD AND ENOCH PRATT FOUNDATION INC | 0 |
| MOSAIC COMMUNITY SERVICES INC | ||||||||||
| 1925 GREENSPRING DRIVE | TIMONIUM | MD | 21093 | 521338141 | PROVIDES THERAPEUTIC RESIDENTIAL, REHABILITATIVE, & SUPPORT SERVICES | MD | 501(C)(3) | 7 | SHEPPARD AND ENOCH PRATT FOUNDATION INC | 0 |
| WAY STATION INC | ||||||||||
| PO BOX 6815 | BALTIMORE | MD | 21285 | 521162749 | PROVIDES REHABILITATION AND TREATMENT 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, ETC SERVICES | MD | 501(C)(3) | 7 | SHEPPARD AND ENOCH PRATT FOUNDATION INC | 0 |
| BEHAVIORAL HEALTH PARTNERS OF FREDERICK INC | ||||||||||
| PO BOX 6815 | BALTIMORE | MD | 21285 | 522125435 | OUTPATIENT BEHAVIORAL HEALTH CARE SERVICES | MD | 501(C)(3) | 3 | SHEPPARD AND ENOCH PRATT FOUNDATION INC | 0 |
| REVISIONS COMMUNITY DEVELOPMENT ORG INC | ||||||||||
| 1925 GREENSPRING DRIVE | BALTIMORE | MD | 21093 | 521849336 | PROVIDE AFFORDABLE HOUSING TO CHRONICALLY MENTALLY DISABLED INDIVIDUALS | MD | 501(C)(3) | 9 | MOSAIC COMMUNITY SERVICES INC | 0 |
| DULANEY STATION COMMUNITY HOUSING DEVELOPMENT ORGANIZATION INC | ||||||||||
| 1925 GREENSPRING DRIVE | TIMONIUM | MD | 21093 | 020650286 | CREATES AFFORDABLE HOUSING FOR LOW INCOME ADULTS W/ PSYCHIATRIC DISABILITIES | MD | 501(C)(3) | 9 | MOSAIC COMMUNITY SERVICES INC | 0 |
| TURNING POINT OF WASHINGTON COUNTY INC | ||||||||||
| 25 E NORTH AVE | HAGERSTOWN | MD | 21740 | 521190659 | PROVIDE EDUCATIONAL, VOCATIONAL, SOCIAL, RESIDENTIAL SUPPORT FOR MENTALLY IL | MD | 501(C)(3) | 7 | 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 | 0 | |
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Type Of EntityTypeOfEntity |
|---|---|---|---|---|---|---|---|---|
| ATLANTIC RECYCLED PAPER COMPANY INC | ||||||||
| 1925 GREENSPRING DRIVE | TIMONIUM | MD | 21093 | 521737872 | INACTIVE | MD | N/A | C |
| SHEPPARD PRATT PREFERRED RESOURCES INC | ||||||||
| 6501 N CHARLES STREET | TOWSON | MD | 21204 | 521757742 | INACTIVE | MD | N/A | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |