2024-11-01T10:52:06-05:00 2024-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-07-01 421337556 Stonehill Benevolent Foundation STON 5635570849 3485 Windsor Ave Dubuque IA 520011312 Peggy Stockel CEO Stonehill Franciscan Services 5635570849 2024-10-31 1 1 Kim Hunwardsen CPA P00484560 6122536500 2024-10-31 2023 2024-10-15 13:58:12Z Peggy Stockel 3485 Windsor Ave Dubuque IA 520011312 1442262 0 0928 X www.stonehilldbq.com X 1989 IA Exclusively provides financial assistance for needy residents of Stonehill Franciscan Services 11 11 0 12 0 0 285169 477777 0 0 56936 258502 0 0 342105 736279 288728 351571 0 0 0 0 0 0 300831 207485 300831 496213 652402 -154108 83877 7973042 8674249 79 27114 7972963 8647135 X The Stonehill Benevolent Foundation provides financial assistance for needy residents of Stonehill Care Center, assists Stonehill Care Center in its general operations, generates and attracts substantial support from the public to receive contributions and grants, and holds, administers, converts, invests, reinvests and manages such contributions and grants for the benefit of Stonehill Franciscan Services in various ways. 0 0 351571 351571 0 During the year Stonehill Benevolent Foundation successfully completed the annual appeal, yearend appeal, in support of the Stonehill Franciscan Services Mission and Ministry. A portion of the annual appeal and the yearend appeal funds were designated for capital items while the capital campaign was designated for the building of an Assisted Living expansion necessary to accomplish the objective of a person-centered care center. Most of the funds raised are used for residents who need financial assistance at Stonehill Franciscan Services. 351571 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X Susan Pearce 5635577180 3485 Windsor Avenue Dubuque IA 520011312 X X Justine Bemis Chair 0.50 X X 0 0 0 Jayme Kluesner Vice Chair 0.50 X X 0 0 0 Matt Dodds Director 0.50 X 0 0 0 Pat Sunseri Director 0.50 X 0 0 0 Paul Kronlage Director 0.50 X 0 0 0 Derek Duehr Director 0.50 X 0 0 0 John McDermott Director 0.50 X 0 0 0 David Harris Director 0.50 X 0 0 0 Sr Kate Katoski Director 0.50 X 0 0 0 Paula Friedman Director 0.50 X 0 0 0 Michelle Watters Director as of Oct 2023 0.50 X 0 0 0 Sr Maureen Leach Director until July 2023 0.50 X 0 0 0 Gretchen Brown-CEO Stonehill Franciscan Services until Aug 2023 2.00 X 0 0 0 Peggy Stockel-CEO Stonehill Franciscan Services as of Aug 2023 2.00 X 0 0 0 Susan Pearce - SecTreas CFO Stonehill Franciscan Services 2.00 X 0 0 0 0 0 0 0 0 0 0 0 477777 477777 215757 215757 748728 705983 42745 42745 42745 736279 0 0 258502 348919 348919 2652 2652 186121 186121 38695 38695 Year End and annual app 62914 62914 Annual Appeal 13101 13101 652402 351571 0 300831 334434 139096 50130 9415 7381693 8333808 206785 191930 7973042 8674249 1359 79 25755 79 27114 X 7915984 8591237 56979 55898 7972963 8647135 7973042 8674249 83877 590295 0 X X 0 1 X 0 0 X 3135710 476457 323168 285169 477777 4698281 3135710 476457 323168 285169 477777 4698281 4698281 152688 90648 129064 182196 215757 770353 5468634 0.85910 0.86380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Affiliated payable 25755 25755 X 1326574 590295 590295 736279 0 736279 652402 0 652402 0 652402 Part X, Line 2: Stonehill Benevolent Foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The entity would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. 1 Stonehill Franciscan Services 3485 Windsor Avenue Dubuque IA 520011312 510141775 501(c)(3) 347512 0 Assistance for residents and operational support 1 0 Part I, Line 2: Stonehill Benevolent Foundation provides financial assistance and general operations assistance exclusively to Stonehill Franciscan Services. Stonehill Franciscan Services provides proof to the Foundation that the funds were used appropriately. Form 990, Part VI, Section A, line 1a The Board of Directors may create an Executive Committee that may exercise all authority of the Board of Directors, but no authority to amend the Articles of Incorporation, adopt a plan of merger or consolidation, recommend the sale, lease, exchange or other disposition of all or substantially all the property and assets of the corporation other than in the regular course of business. Form 990, Part VI, Section A, line 2 Gretchen Brown, Peggy Stockel, Susan Pearce, and John McDermott have a business relationship. Form 990, Part VI, Section A, line 7a Three Board members are designated by the Sisters of St. Francis of Dubuque's governing Board. One Board member is designated by Stonehill Franciscan Services. Form 990, Part VI, Section A, line 8b The Executive Committee did not meet during the fiscal year. Form 990, Part VI, Section B, line 11b The Board reviews and approves the 990. The CEO of Stonehill Franciscan Services also reviews the Form 990 before it is filed. Form 990, Part VI, Section B, line 12c Stonehill Benevolent Foundation has conflict of interest policies completed each year by all Board members thus monitoring any potential conflicts. The Board Chair reviews the statements and follows up on any potential conflicts. Any actual or potential duality or conflict of interest including but not limited to ownership or control of any entity that contracts with the Stonehill Benevolent Foundation for any products or services are disclosed to the other members of the Board and made a matter of record in the minutes when the subject of such interest becomes a matter of Board action. When a conflict arises, the Board member is not allowed to vote on the issue and may be excused from the meeting. Form 990, Part VI, Section C, line 19 The Organization's governing documents, conflict of interest policy, and financial statements are available to the public upon written request. Form 990, Part VII: The CEO and CFO are compensated by Stonehill Franciscan Services, an unrelated but affiliated organization, for providing services to Stonehill Franciscan Services. The CEO and CFO are not compensated for oversight provided to Stonehill Benevolent Foundation. Form 990, Part XII, Line 2C: Stonehill Franciscan Services has a Finance Committee that is responsible for oversight of the audit. Stonehill Benevolent Foundation was established to provide assistance exclusively to Stonehill Franciscan Services.