Civic Intelligence

Parkland Foundation

EIN 75-2089180 • 501(c)3 • Dallas, TX

Profile

To provide support to the dallas county hospital district.

1341 W Mockingbird Lane 1100 EDallas, TX 75247

www.parklandfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

29th percentile

0.06x

Higher debt load relative to assets than 29% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.15x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

82nd percentile

30%

Higher net margin than 82% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

81st percentile

19%

Faster asset growth than 81% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

16%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets29th percentile

Assets

Up

$46,529,998

Up $7,401,275 (+19%) from 2023

Liabilities

Down

$2,874,633

Down $106,831 (-3.6%) from 2023

Net Assets

Up

$43,655,365

Up $7,508,106 (+21%) from 2023

Operations
Liabilities / Revenue34th percentileNet Margin82nd percentile

Revenue

Up

$18,826,365

Up $2,565,838 (+16%) from 2023

Expenses

Down

$13,148,359

Down $2,356,757 (-15%) from 2023

Net Income

Up

$5,678,006

Up $4,922,595 (+652%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth81st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2010: $61,039,567Liabilities 2010: $11,918,760Net Assets 2010: $49,120,8072010Assets 2011: $71,883,475Liabilities 2011: $16,459,628Net Assets 2011: $55,423,8472011Assets 2012: $76,141,849Liabilities 2012: $22,994,993Net Assets 2012: $53,146,8562012Assets 2013: $85,707,416Liabilities 2013: $35,273,720Net Assets 2013: $50,433,6962013Assets 2014: $111,285,416Liabilities 2014: $10,282,645Net Assets 2014: $101,002,7712014Assets 2015: $75,853,338Liabilities 2015: $2,513,958Net Assets 2015: $73,339,3802015Assets 2016: $38,711,314Liabilities 2016: $4,476,516Net Assets 2016: $34,234,7982016Assets 2017: $32,113,402Liabilities 2017: $5,365,803Net Assets 2017: $26,747,5992017Assets 2018: $51,882,549Liabilities 2018: $1,949,769Net Assets 2018: $49,932,7802018Assets 2019: $58,297,320Liabilities 2019: $1,569,440Net Assets 2019: $56,727,8802019Assets 2020: $53,768,478Liabilities 2020: $4,280,469Net Assets 2020: $49,488,0092020Assets 2021: $33,444,460Liabilities 2021: $3,468,930Net Assets 2021: $29,975,5302021Assets 2022: $36,669,003Liabilities 2022: $1,719,327Net Assets 2022: $34,949,6762022Assets 2023: $39,128,723Liabilities 2023: $2,981,464Net Assets 2023: $36,147,2592023Assets 2024: $46,529,998Liabilities 2024: $2,874,633Net Assets 2024: $43,655,3652024

Highlighted filing

2024

Assets$46,529,998
Liabilities$2,874,633
Net Assets$43,655,365
Open 2024 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100M$50M$0-$50MExpenses 2010: $5,541,2722010Expenses 2011: $11,003,8072011Expenses 2012: $12,015,8952012Expenses 2013: $13,556,9402013Revenue 2014: $62,654,989Expenses 2014: $11,252,594Net Income 2014: $51,402,3952014Revenue 2015: $41,161,064Expenses 2015: $67,620,402Net Income 2015: -$26,459,3382015Revenue 2016: $15,739,856Expenses 2016: $55,056,524Net Income 2016: -$39,316,6682016Revenue 2017: $21,660,371Expenses 2017: $29,058,585Net Income 2017: -$7,398,2142017Revenue 2018: $40,486,733Expenses 2018: $16,961,615Net Income 2018: $23,525,1182018Revenue 2019: $19,619,642Expenses 2019: $13,018,022Net Income 2019: $6,601,6202019Revenue 2020: $17,757,805Expenses 2020: $24,994,089Net Income 2020: -$7,236,2842020Revenue 2021: $13,500,351Expenses 2021: $33,637,364Net Income 2021: -$20,137,0132021Revenue 2022: $20,366,937Expenses 2022: $13,546,298Net Income 2022: $6,820,6392022Revenue 2023: $16,260,527Expenses 2023: $15,505,116Net Income 2023: $755,4112023Revenue 2024: $18,826,365Expenses 2024: $13,148,359Net Income 2024: $5,678,0062024

Highlighted filing

2024

Revenue$18,826,365
Expenses$13,148,359
Net Income$5,678,006
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,529,998
Liabilities
$2,874,633
Net assets
$43,655,365
Revenue
$18,826,365
Expenses
$13,148,359
Net income
$5,678,006
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$46.5$2.87$43.7$18.8$13.1$5.68
2023Detailed filing. Detailed filing data is available for this year.$39.1$2.98$36.1$16.3$15.5$0.76
2022Detailed filing. Detailed filing data is available for this year.$36.7$1.72$34.9$20.4$13.5$6.82
2021Detailed filing. Detailed filing data is available for this year.$33.4$3.47$30.0$13.5$33.6$20.1
2020Detailed filing. Detailed filing data is available for this year.$53.8$4.28$49.5$17.8$25.0$7.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.3$1.57$56.7$19.6$13.0$6.60
2018Detailed filing. Detailed filing data is available for this year.$51.9$1.95$49.9$40.5$17.0$23.5
2017Detailed filing. Detailed filing data is available for this year.$32.1$5.37$26.7$21.7$29.1$7.40
2016Detailed filing. Detailed filing data is available for this year.$38.7$4.48$34.2$15.7$55.1$39.3
2015Detailed filing. Detailed filing data is available for this year.$75.9$2.51$73.3$41.2$67.6$26.5
2014Detailed filing. Detailed filing data is available for this year.$111$10.3$101$62.7$11.3$51.4
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.7$35.3$50.4$13.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.1$23.0$53.1$12.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.9$16.5$55.4$11.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.0$11.9$49.1$5.54
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jul 21, 2025
Return Version
2023v6.0
Gross Receipts
$40,798,467
Mission and Program Overview

Mission

To provide support to the dallas county hospital district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$22,571,860$22,930,171▲ $358,311
Investments in Publicly Traded Securities$8,573,325$11,155,242▲ $2,581,917
Cash and Non-Interest-Bearing Accounts$4,039,874$9,236,101▲ $5,196,227
Pledges and Grants Receivable$3,909,271$3,036,835▼ $872,436
Prepaid Expenses and Deferred Charges$34,393$106,614▲ $72,221
Accounts Receivable$0$65,035▲ $65,035
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$39,128,723$46,529,998▲ $7,401,275
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$2,942,235$2,699,987▼ $242,248
Accounts Payable and Accrued Expenses$39,229$87,502▲ $48,273
Deferred Revenue$0$87,144▲ $87,144
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,981,464$2,874,633▼ $106,831
Net Assets / Fund Balance
Net Assets With Donor Restrictions$32,590,480$39,444,525▲ $6,854,045
Net Assets Without Donor Restrictions$3,556,779$4,210,840▲ $654,061
Total Net Assets Fund Balance$36,147,259$43,655,365▲ $7,508,106
Total Liabilities and Net Assets / Fund Balance$39,128,723$46,529,998▲ $7,401,275

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$9,818,793$718,645▲ $2,104,430$602,554$12,039,314
2022$8,809,493$307,233▲ $1,008,653$306,586$9,818,793
2021$10,473,192$274,124▼ $1,271,827$665,996$8,809,493
2020$8,825,889$538,402▲ $1,172,567$63,666$10,473,192
2019$8,195,255$368,217▲ $547,486$285,069$8,825,889
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeOtherTotal
Leah AllenDirector of OperationsFT$127,834$127,834

Board Members and Trustees

NameTitle
Richard TrubittBoard Chair
Michael HornePresident & CEO Foundation
Frederick P Cerise MdPresident & CEO PHS
Ashwina Kirpalani-vasanjeeBoard Member
Barbara Lord WatkinsBoard Member
Barbara OrrBoard Member
Beau FalgoutBoard Member
Brandi SarfatisBoard Member
Brianna Hinojosa-smithBoard Member
Carol DaltonBoard Member
Carol SeayBoard Member
Christina EubanksBoard Member
Dave FolzBoard Member
Dona BauerBoard Member
Dr a Compton Broders IiiBoard Member
Erika SalterBoard Member
Hilda GalvanBoard Member
JESSE JacksonBoard member
Jeff CodyBoard Member
Jorge BaldorBoard Member
Karin LarraveBoard Member
Kimberly Yamanouchi MDBoard Member
Ladondra WilsonBoard Member
Lynn McbeeBoard Member
Marie DeCamp DeanBoard member
Marjorie PettyBoard Member
Melissa Tonn MDBoard Member
Michelle GeorgeBoard Member
Nimesh MehtaBoard Member
Randall RappBoard Member
Renda MathewBoard Member
Trudy TurnerBoard Member
Dr Rita NeBoard Memeber
Beth SavageDirector OF ENGAGEMENT
Kent WeimerDirector of Estates and Gift Planni
Scott LoberDirector,development Operation
Laura GranadoSecretary
Peter BartholowTreasurer
Daniel SullivanVP/CAO
Marsha BeasleyVP/CFO
Jill HassmannVP/COO
Melissa AtkinsonVP/csio
Revenue and Support

Revenue Composition

Contributions and Grants
$17,420,492
Program Service Revenue
$0
Investment Income
$1,405,873
Other Revenue
$0
All Other Contributions
$12,673,232
Change in Net Assets
$5,678,006

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$39,912Avg highlow/date gif
Total Noncash Contributions5$39,912-

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,826,365
Revenue Not Reported on Form 990
$1,830,100
Total Revenue per Audited Statements
$20,656,465
Total Revenue per Form 990
$18,826,365
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,480,740
Salaries, Compensation, and Employee Benefits$4,116,550
Total Fundraising Expense$2,765,923
Other Expenses$467,292
Professional Fundraising Fees$83,777

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$8,480,740--$8,480,740
Other Salaries and Wages-$934,679$1,270,543$2,205,222
Current Officers, Directors, Trustees, and Key Employees-$390,785$668,732$1,059,517
Other Employee Benefits-$345,830$505,981$851,811
Occupancy-$166,144-$166,144
Advertising--$93,042$93,042
Other Expenses-$13,266$73,943$87,209
Fees for Services Professional Fundraising--$83,777$83,777
Information Technology--$55,788$55,788
Fees for Services Accounting-$31,666-$31,666
Office Expenses-$11,058-$11,058
Conferences and Meetings--$8,270$8,270
Fees for Service Investment Mgmnt Fees-$8,268-$8,268
Travel--$5,847$5,847
Total Functional Expenses$8,480,740$1,901,696$2,765,923$13,148,359

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,148,359
Total Expenses per Audited Statements$13,148,359
Total Expenses per Form 990$13,148,359
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
dallas county hospital districtdallas, TX501(c)(3)Support to PHHS Capital projects and patient programs$8,124,709
Parkland Center for Clinical Innovationdallas, TX501(c)(3)Technology grant$356,031
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$83,777
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Parkland$2,303,462
Refundable Advance$396,525
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Parkland Foundation
EIN
75-2089180
In Care Of
% MARSHA BEASLEY
Phone
2142662110
Address
1341 W Mockingbird Lane 1100 E, DALLAS, TX 75247

Signing Officer

Name
Michael Horne
Title
President and CEO
Phone
2142662010
Signed
2025-07-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Horne
Formed
1985
Legal Domicile
TX
Voting Board Members
30
Independent Board Members
29
Employees
29
Volunteers
34

Preparer

Firm
Bruce E Bernstien & Associates
Address
10440 N CENTRAL EXPRESSWAY STE 1040, DALLAS, TX 75231
Preparer
Bruce Bernstien
Phone
2147060840
Supplemental Narrative

Additional Explanations

Describe the Process Used by Management &/or Governing Body to Review 990

“Form 990, Part VI, Line 11a: THE 990 IS REVIEWED BY THE FOUNDATION'S AUDIT COMMITTEE AND NON-PROFIT ATTORNEY AS WELL AS THE EXTERNAL AUDITOR WHO PREPARES THE AUDITED FINANCIAL STATEMENTS. IT IS ALSO DISTRIBUTED TO THE EXECUTIVE COMMITTEE AND SUBSEQUENTLY TO THE BOARD FOR REVIEW WHICH INCLUDES THE FOUNDATION'S FINANCE COMMITTEE.”

Describe the Process to Monitor Transactions for Conflicts of Interest

“Form 990, Part VI, Line 12c: The Conflict of Interest statements are required in the annual staff performance review process. Also, annually, board members are required to file conflict of interest statements to the independent auditor as a requirement of the annual audit. Board members are required to recuse themselves from votes where an actUal or perceived conflict of interest exists.”

process for determining compensation

“Form 990, Part VI, Line 15a & 15b: As employees are actually employees of Dallas County Hospital District, Dallas County Hospital District approves all compensation paid to staff. A compensation committee at DCHD reviews market data annually in order to determine that salary ranges meet market guidelines and to benchmark against like hospital based foundations. Compensation is reviewed by the compensation committee of DCHD and approved by the Parkland Foundation Board of Directors.”

Avail of Gov Docs, Conflict of Interest Policy, & Fin Stmets to Gen Public

“Form 990, Part VI, Line 19: Financial Statements are posted to the website. Remaining documents are made available upon request.”

Appointment of Governing Body

“FORM 990, PART VI, LINE 7A Dallas County Hospital District dba Parkland Health and Hospital System (PHHS) Board of Managers appoints a majority of the Foundation's directors.”

Decisions Reservation

“FORM 990, PART VI, LINE 7B the Dallas County Hospital District dba Parkland Health and Hospital System (PHHS) Board of Managers has the authority to appoint or remove a majority of the directors and has approval rights over any changes to the Foundation's bylaws. The PHHS CEO has the ability to appoint and remove the Foundation CEO.”

Financial Statement Notes

the intended uses of the endowment funds

“Sch D, Part V, line 4: The Foundation has 116 endowments which are as follows: 1. Junior Charity League Endowment to Fund/Support Patient Physical Medicine & Rehabilitation 2. Lee Hammond Bridges Endowment for Kidney Dialysis 3. Doreen Reynolds Endowed Nursing Education Scholarship 4. Jacquelin Schultz Trauma Program Endowment (1) 5. Jacquelin Tice Schultz Trauma Program Endowment (2) 6. Rex and Roslyn Dawson Thompson Endowment for Burn Unit 7. Muldoon Hendler Family Endowment for Women & Infant Care 8. D. and J. Tang Family Endowment for Burn Care 9. Neonatal Intensive Care Fellowship Endowment 10. Markey Endowment for Palliative Care 11. Anonymous Donor Pastoral Care Endowment 12. William H. Norcross Award Fund to support Third-year Emergency Medicine Residents 13. D. and J. Tang Family Endowment for Palliative Care 14. Quest Capital Fund to Welcome Waiting Families 15. Dr. and Mrs. Gordon Worsham Fund to Welcome Waiting Families 16. G. R. White Trust Endowment for Burn Care 17. Tom Leary Endowment for Trauma 18. Woody and Penny Young Fund for Waiting Families 19. Judith Wolfe Endowment for Colon Cancer 20. Shirley Pollock Fund for Pediatric Burn 21. John and Leslie Barnes Endowment for NNICU Support 22. Kevin and Kelvin Johnson Anesthesiology Endowment Fund 23. Phyllis Bernstein Endowment Fund to support care for Women and Infants 24. Shirley Pomberg Endowment to provide Breast Cancer prosthetics or Palliative Care 25. Marilyn M. Wilson Endowment for Burn Care 26. Parkland/TWU Nursing Alumni Assoc. to Support Nursing Education 27. Debbie Dudley Branson Endowment to Support, Improve, and Fund Patient Outcomes 28. D. J Tang Family Fund for Clinical Innovation 29. Honorable Nancy E. Judy Endowment to Support, Improve, and enhance Neurosurgery 30. Institute for Clinical Excellence Endowment 31. Allan A. Saxe Endowment to Support, enhance, and improve DCHD Greatest Needs 32. John Todd Endowment for Neurocognitive Disorders 33. Michael Carl Pishnick Endowment for Diabetes 34. Scott and Cathy Sweet Endowment for Burn 35. Robbie Nell Williams Endowment for Burn 36. Doris Nelson Society Endowment to provide a Nursing Scholarship Fund 37. Stacey M. Weimer Endowment for Gynecologic Oncology 38. David E. Krause Endowment for Pastoral Care at Parkland 39. Dr. Alice Smith Endowment for Pastoral Care 40. Robert E. Glaze Endowment for Pastoral Care 41. Nancy B. C. Weldon Foundation Endowment for Geriatric Patients 42. Ann Stuart, Ph D Endowment in honor of Ray R. Poliakoff in Support of the Hospital's Greatest Need 43. Nancy B. C. Weldon Foundation Endowment for Neurocognitive Disorders 44. Dominick J. Olimpio Endowment in Support of Palliative Care 45. Mrs. Dipka and Dr. Hasmukhlal Vankawala Endowment in Support of Indigent Patient Care 46. Sons of the Flag Endowment for Burn Care Supplies 47. Rupe Foundation Endow to Benefit Obstetrics & Gynecology 48. Jo and C.R. Putteet Endowment Fund to Benefit Opthalmology Care 49. Sue Pickens Owen Endowment for Community Health 50. Winifred B.Wright Endowment to Benefit Emergency Room Nurses 51. David Scott Miller Endowment to Support/Fund Gyncologic Oncology 52. Cochise H. Cash Endowment to Support,Enhance & Improve Womens and Infants Speciality Health 53. Dr. Frances W. P. Lee Endowment to Support Perioperative Nursing Education 54. Jim and Hong Bass Endowment to Support DCHDs Greatest Needs 55. George Engdahl Endowment to Fund Staff Development and Celebrations 56. Dr. Alan Silverman Endowment Fund to Support Otolaryngology 57. Carol A. Silverman PHD Endowment to Support Otolaryngology 58. Jo Ellen Bogert Endowment to Improve Healthcare for Low Income Patients 59. Diana Pinson Cunningham Endowment to Benefit Pediatric Patients 60. Thomas Dresdyn Slatton Endowment for Internal Medicine 61. Steve & Dessie Davis Anesthesia Advancement Endowment 62. Trauma Nurse Clinician Program Endowment 63. Marilyn Marshall White Endowment to Support Burn Care 64. D and J Tang Family Endow for Neurological Disorde”

Uncertainty in income taxes

“schedule D, Part X, line 2: THE FOUNDATION IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE ("IRS") AS tax-exempt under Section 501(c)(3) of the Internal Revenue Code, except to the extent it has unrelated business income. For the years ended September 30, 2024 and 2023, the Foundation had no material net unrelated business income. Accordingly, no provision for income taxes has been provided in the accompanying financial statements. The Foundation's public charity status with the IRS is 509(a)(1). The Foundation has concluded that it does not have any unrecognized tax benefits resulting from current tax position. Accordingly, no additional disclosures have been made on the financial statements regarding ASC 740, Income taxes. The Foundation does not have any outstanding interest or penalties, and none have been recorded in the statements of revenues, expenses and changes in net position for the years ended September 30, 2024 and 2023. The Foundation's informational returns filed are generally subject to examination for three years after the later of the due date or date of filing. As a result, the Foundation is no longer subject to income tax examinations by tax authorities for years prior to 2021.”

Raw XML AppendixShowing 400 of 1,053 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO PHS
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT & CEO FOUNDATION

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