Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
MediumBullet Do not enter Social Security numbers on this form as it may be made public. By law, the IRS
generally cannot redact the information on the form.
MediumBullet Information about Form 990 and its instructions is at www.IRS.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
A For the 2013 calendar year, or tax year beginning 10-01-2013 , 2013, and ending 09-30-2014
BCheck if applicable:
CName of organization
Partners HealthCare System Inc
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
Prudential Tower
800 Boylston Street Suite
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Boston, MA02199
D Employer identification number

04-3230035
E Telephone number

G Gross receipts $ 727,635,099
F Name and address of principal officer:
DAVID F TORCHIANA MD
800 Boylston Street
Boston,MA02199
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
http:www.partners.org
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1993
M State of legal domicile: MA
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: Partners HealthCare System, Inc. is committed to serving the community locally and globally and is dedicated to enhancing patient care, teaching and research.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 17
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 7
5 Total number of individuals employed in calendar year 2013 (Part V, line 2a) ...... 5 6,715
6 Total number of volunteers (estimate if necessary) ............. 6 0
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 12,016,160
b Net unrelated business taxable income from Form 990-T, line 34 ......... 7b  
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 295,077,034 159,546,959
9 Program service revenue (Part VIII, line 2g) ......... 576,882,979 620,406,375
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 74,931,561 -67,117,698
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 14,787,103 14,799,463
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 961,678,677 727,635,099
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 82,299,681 113,461,073
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 405,231,116 423,903,546
16a Professional fundraising fees (Part IX, column (A), line 11e)..... 125,477 164,043
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet2,426,906    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 331,472,262 356,825,200
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 819,128,536 894,353,862
19 Revenue less expenses. Subtract line 18 from line 12....... 142,550,141 -166,718,763
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 4,249,396,529 4,627,097,938
21 Total liabilities (Part X, line 26)............. 4,253,990,833 4,760,892,912
22 Net assets or fund balances. Subtract line 21 from line 20..... -4,594,304 -133,794,974
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ............
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2013)
Form 990 (2013)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III ..............
1
Briefly describe the organization’s mission: PARTNERS HEALTHCARE SYSTEM, INC. (PARTNERS) IS COMMITTED TO SERVING THE COMMUNITY AND IS DEDICATED TO ENHANCING PATIENT CARE, TEACHING AND RESEARCH, AND TO TAKING A LEADERSHIP ROLE AS AN INTEGRATED HEALTH CARE SYSTEM. PARTNERS RECOGNIZES THAT INCREASING VALUE AND CONTINUOUSLY IMPROVING QUALITY ARE ESSENTIAL TO MAINTAINING EXCELLENCE.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ......................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ............................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 256,331,743 including grants of $ 113,461,073 ) (Revenue $ 620,406,375 )
See Schedule O
4b (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet256,331,743
Form 990 (2013)
Form 990 (2013)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment........................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part IClick to see attachment..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part IIClick to see attachment........
4
Yes
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C,
Part IIIClick to see attachment............................
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III Click to see attachment....................
8
 
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part VClick to see attachment......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
If "Yes," complete Schedule D, Part VI.Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment.........................
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If "Yes," complete Schedule D, Parts XI and XII Click to see attachment.................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E....
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?.....
14a
Yes
 
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV......... Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IVClick to see attachment
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I (see instructions).... Click to see attachment
17
Yes
 
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III................... Click to see attachment
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
Form 990 (2013)
Form 990 (2013)
Page 4
Part IV
Checklist of Required Schedules (continued)
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II... Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants or other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........ Click to see attachment
22
 
No
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a................ Click to see list of attachments
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
No
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
No
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I........ Click to see attachment
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I................... Click to see attachment
25b
 
No
26
Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If so, complete Schedule L, Part II.................... Click to see attachment
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part III......... Click to see attachment
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV .......................... Click to see attachment
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If "Yes,"
complete Schedule L, Part IV..................... Click to see attachment
28b
Yes
 
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV... Click to see attachment
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M.............
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N,
Part I...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I........ Click to see attachment
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1........................ Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2... Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment
36
Yes
 
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2013)
Form 990 (2013)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V ..............
Yes
No
1a
Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable ..
1a
4,232
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
6,715
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?..........................
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
Yes
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided?.....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?............................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?............................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?............
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?..........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?.......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year. ....................
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
Form 990 (2013)
Form 990 (2013)
Page 6
Part VI
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI ..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year .....................
1a
17
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent ...................
1b
7
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ...........................
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
Yes
 
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
Yes
 
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
Yes
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done.......................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
AL , AR , CA , CO , FL , GA , KS , LA , ME , MD , MA , MS , NH , NJ , NY , NC , OH , PA , TX , VT , VA , WI
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization:
MediumBulletPARTNERS FIN-TAX DIR529 MAIN STREET 5TH FLOORCharlestownMA02129 (617) 724-9841
Form 990 (2013)
Form 990 (2013)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII ..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) Nesli Basgoz MD........................................................................
Director
 1.0
.......................50.0 		X             286,788 43,454
(2) EARL M COLLIER JR........................................................................
Director(07/01/14-09/30/14)
 1.0
.......................1.0 		X           0 0 0
(3) ANNE M FINUCANE........................................................................
Director(10/01/13-06/30/14)
 1.0
.......................1.0 		X           0 0 0
(4) CHARLES K GIFFORD........................................................................
DIRECTOR
 1.0
.......................1.0 		X           0 0 0
(5) Richard E Holbrook........................................................................
Director
 1.0
.......................1.0 		X           0 0 0
(6) Albert A Holman III........................................................................
Director
 1.0
.......................1.0 		X                
(7) Edward P Lawrence Esq........................................................................
Chairman
 1.0
.......................0.0 		X                
(8) Jay O Light PhD........................................................................
Director
 1.0
.......................0.0 		X                
(9) Joseph Loscalzo MD PhD........................................................................
Director
 1.0
.......................50.0 		X             666,741 56,629
(10) JIM MANZI........................................................................
Director
 1.0
.......................0.0 		X                
(11) MAURY E MCGOUGH MD........................................................................
Director
 1.0
.......................50.0 		X             581,882 73,174
(12) CAROL C MCMULLEN........................................................................
Director(10/01/13-06/30/14)
 1.0
.......................1.0 		X                
(13) CATHY E MINEHAN........................................................................
Director
 1.0
.......................1.0 		X                
(14) G MARSHALL MORIARTY ESQ........................................................................
Director(10/01/13-01/01/14)
 1.0
.......................1.0 		X                
(15) SCOTT A SCHOEN........................................................................
Director
 1.0
.......................1.0 		X                
(16) SCOTT M SPERLING........................................................................
Director (01/01/14-09/30/14)
 1.0
.......................1.0 		X                
(17) Henri A Termeer........................................................................
Director
 1.0
.......................1.0 		X                
Form 990 (2013)
Form 990 (2013)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) Dorothy A Terrell........................................................................
Director
 1.0
.......................1.0 		X                
(19) Gwill York........................................................................
Director
 1.0
.......................1.0 		X                
(20) Maureen Goggin........................................................................
Secretary
 50.0
.......................0.0 		    X       166,558   33,070
(21) GARY L GOTTLIEB MD MBA........................................................................
PRESIDENT AND CEO
 50.0
.......................0.0 		    X       2,479,989   71,334
(22) PETER K MARKELL........................................................................
Executive VP, CFO & Treasurer
 50.0
.......................1.0 		    X       1,840,934   611,653
(23) JOHN R BARKER........................................................................
CHIEF INVESTMENT OFFICER
 50.0
.......................0.0 		      X     1,938,081   23,822
(24) JAMES W NOGA........................................................................
VICE PRESIDENT & CIO
 50.0
.......................0.0 		      X     590,425   272,890
(25) DENNIS D COLLING........................................................................
Vice President HUMAN RESOURCES
 50.0
.......................0.0 		        X   741,091   73,452
(26) TIMOTHY G FERRIS MD........................................................................
VICE PRESIDENT
 50.0
.......................0.0 		        X   690,822   57,313
(27) BRENT L HENRY ESQ........................................................................
GENERAL COUNSEL
 50.0
.......................1.0 		        X   1,136,119   52,886
(28) MICHAEL S JELLINEK MD........................................................................
CHIEF OF CLINICAL AFFAIRS
 50.0
.......................1.0 		        X   2,056,860   71,615
(29) ANNE KLIBANSKI MD........................................................................
CHIEF ACADEMIC OFFICER
 50.0
.......................0.0 		        X   712,534   56,427
(30) MARY C LALONDE ESQ........................................................................
FORMER OFFICER
 50.0
.......................0.0 		          X 175,399   45,338
(31) PATRICIA SALAMONE........................................................................
FORMER OFFICER
 50.0
.......................0.0 		          X 100,996   20,886
(32) Michael T Manning........................................................................
Former Key
 50.0
.......................0.0 		          X 264,112   46,567
(33) JAY B PIEPER........................................................................
FORMER KEY
 23.0
.......................0.0 		          X 128,000   0
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 13,021,920 1,535,411 1,610,510
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organizationMediumBullet778
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
ACCENTURE LLP, PO BOX 70629CHICAGOIL60673 Consulting Services 52,475,229
HURON CONSULTING GROUP INC, 3005 MOMENTUM PLACECHICAGOIL606895330 Consulting Services 29,017,655
Turner Construction Co, 855 Boylston StreetBOSTONMA02114 Construction Svcs 18,756,418
RANDSTAD, PO Box 7247-6655PHILADELPHIAPA191706655 Staffing Services 13,286,552
MINTZ LEVIN COHN FERRIS GLOVSKYPOP, ONE FINANCIAL CENTERBOSTONMA02111 Legal Services 6,353,316
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet120
Form 990 (2013)
Form 990 (2013)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII .............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512-514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c 1,462
d Related organizations...1d 151,395,647
e Government grants (contributions)1e  
f All other contributions, gifts, grants, and
similar amounts not included above1f 		8,149,850
g Noncash contributions included in lines
1a-1f:$ 		 
h Total. Add lines 1a-1f.......MediumBullet 159,546,959
Program Service RevenueAmt Business Code
2a ADMINISTRATIVE FEE 561000 620,406,375 620,406,375    
b
c
d
e
f All other program service revenue .        
g Total. Add lines 2a–2f........MediumBullet 620,406,375
OtherAmt RevenueAmt 3 Investment income (including dividends, interest, and other similar amounts).......MediumBullet 5,321,317   80,693 5,240,624
4 Income from investment of tax-exempt bond proceeds..MediumBullet 40,141     40,141
5 Royalties...........MediumBullet 431,534     431,534
(i) Real (ii) Personal
6a Gross rents 1,048,415  
b Less: rental expenses    
c Rental income or (loss) 1,048,415 0
d Net rental income or (loss).......MediumBullet 1,048,415   -25,036 1,073,451
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory -72,479,156  
b Less: cost or other basis and sales expenses    
c Gain or (loss) -72,479,156  
d Net gain or (loss)..........MediumBullet -72,479,156   15,673 -72,494,829
8a Gross income from fundraising events (not including
$  
of contributions reported on line 1c). See Part IV, line 18 ..
a  
b Less: direct expenses ...b  
c Net income or (loss) from fundraising events..MediumBullet 0    
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet 0      
10a Gross sales of inventory, less
returns and allowances .
a  
b Less: cost of goods sold ..b  
c Net income or (loss) from sales of inventory..MediumBullet 0      
Miscellaneous Revenue Business Code
11a MANAGEMENT SERVICE 561000 5,685,830   5,685,830  
b CHILD CARE REVENUE 624410 1,374,684     1,374,684
c INTEREST REVENUE 900003 6,259,000   6,259,000  
d All other revenue ....        
e Total. Add lines 11a–11d ...... MediumBullet 13,319,514
12 Total revenue. See Instructions......MediumBullet 727,635,099 620,406,375 12,016,160 -64,334,395
Form 990 (2013)
Form 990 (2013)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX ...............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the United States. See Part IV, line 21 113,461,073 113,461,073
2 Grants and other assistance to individuals in the United States. See Part IV, line 22 0  
3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16 0  
4 Benefits paid to or for members 0  
5 Compensation of current officers, directors, trustees, and key employees .... 8,028,756   8,028,756  
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .... 0      
7 Other salaries and wages 318,648,869   317,488,311 1,160,558
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 27,771,916   27,771,916  
9 Other employee benefits ....... 39,998,265   39,641,751 356,514
10 Payroll taxes ........... 29,455,740   29,455,740  
11 Fees for services (non-employees):        
a Management ...... 0      
b Legal ......... 16,529,320   16,529,320  
c Accounting ........... 1,616,341   1,616,241 100
d Lobbying ........... 1,804,526   1,804,526  
e Professional fundraising services. See Part IV, line 17 164,043 164,043
f Investment management fees ...... 0      
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........ 31,280,596   31,108,783 171,813
12 Advertising and promotion .... 3,350,500   3,349,037 1,463
13 Office expenses ....... 17,389,489   17,312,700 76,789
14 Information technology ...... 56,880,326   56,880,326  
15 Royalties .. 0      
16 Occupancy ........... 29,054,700   28,651,354 403,346
17 Travel ............ 3,645,070   3,637,087 7,983
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ...... 0      
19 Conferences, conventions, and meetings .... 468,232   468,194 38
20 Interest ........... 121,057,052   121,057,052  
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization ..... 48,052,987   48,052,987  
23 Insurance .............. 1,212,963   1,212,963  
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a MEALS 1,540,133   1,457,308 82,825
b NON CAPITAL EQUIPMENT 240,944   240,944  
c OTHER RESEARCH EXPENSES 5,955,612   5,955,612  
d SYSTEM DEVELOPMENT FUNDING   141,471,000 -141,471,000  
e All other expenses 16,746,409 1,399,670 15,345,305 1,434
25 Total functional expenses. Add lines 1 through 24e 894,353,862 256,331,743 635,595,213 2,426,906
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2013)
Form 990 (2013)
Page 11
Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ............. 0 1 0
2 Savings and temporary cash investments ......... 114,299,068 2 80,221,920
3 Pledges and grants receivable, net ........... 11,693,250 3 8,007,250
4 Accounts receivable, net ............. 24,086,978 4 35,235,348
5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..................
0 5 0
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
0 6 0
7 Notes and loans receivable, net ............. 2,841,307,380 7 3,098,318,345
8 Inventories for sale or use .............. 0 8 0
9 Prepaid expenses and deferred charges .......... 10,521,341 9 21,280,525
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 514,183,286
b Less: accumulated depreciation ..... 10b 115,255,974 332,979,406 10c 398,927,312
11 Investments—publicly traded securities .......... 0 11 0
12 Investments—other securities. See Part IV, line 11 ..... 732,670,450 12 857,925,841
13 Investments—program-related. See Part IV, line 11 ..... 0 13 0
14 Intangible assets ............... 0 14 0
15 Other assets. See Part IV, line 11 ........... 181,838,656 15 127,181,397
16 Total assets. Add lines 1 through 15 (must equal line 34)...... 4,249,396,529 16 4,627,097,938
Liabilities 17 Accounts payable and accrued expenses ......... 779,565,623 17 836,682,439
18 Grants payable ................. 0 18 0
19 Deferred revenue ................ 0 19 0
20 Tax-exempt bond liabilities ............. 2,571,501,420 20 2,877,459,064
21 Escrow or custodial account liability. Complete Part IV of Schedule D.. 0 21 0
22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L.......... 0 22 0
23 Secured mortgages and notes payable to unrelated third parties .. 0 23 0
24 Unsecured notes and loans payable to unrelated third parties .... 0 24 0
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D.................... 902,923,790 25 1,046,751,409
26 Total liabilities. Add lines 17 through 25......... 4,253,990,833 26 4,760,892,912
Net Assets or Fund Balance Organizations that follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets .............. -18,297,770 27 -145,409,687
28 Temporarily restricted net assets ........... 12,553,466 28 10,464,713
29 Permanently restricted net assets ........... 1,150,000 29 1,150,000
Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds ........   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ........... -4,594,304 33 -133,794,974
34 Total liabilities and net assets/fund balances ........ 4,249,396,529 34 4,627,097,938
Form 990 (2013)
Form 990 (2013)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI ..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
727,635,099
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
894,353,862
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
-166,718,763
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
-4,594,304
5
Net unrealized gains (losses) on investments ...............
5
-2,978
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
37,521,071
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))
10
-133,794,974
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII .............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2013)
Form 990, Special Condition Description:
Special Condition Description
Additional Data


Software ID:  
Software Version:  
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
right arrow Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
Partners HealthCare System Inc
 
Employer identification number

04-3230035
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) A person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the supported organization? ................
11g(i)
 
 
(ii) A family member of a person described in (i) above? ......................
11g(ii)
 
 
(iii) A 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
 
h
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions)) (iv) Is the organization in col. (i) listed in your governing document? (v) Did you notify the organization in col. (i) of your support? (vi) Is the organization in col. (i) organized in the U.S.? (vii) Amount of monetary support
Yes No Yes No Yes No
Total  

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... 291,715,447 222,666,904 197,858,081 295,077,034 159,546,959 1,166,864,425
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......           0
3 The value of services or facilities furnished by a governmental unit to the organization without charge..           0
4 Total. Add lines 1 through 3 291,715,447 222,666,904 197,858,081 295,077,034 159,546,959 1,166,864,425
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. 0
6 Public support. Subtract line 5 from line 4. 1,166,864,425
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
7 Amounts from line 4.. 291,715,447 222,666,904 197,858,081 295,077,034 159,546,959 1,166,864,425
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 21,763,893 19,377,376 19,902,859 20,177,295 14,350,212 95,571,635
9 Net income from unrelated business activities, whether or not the business is regularly carried on..           0
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)..           0
11 Total support (Add lines 7 through 10). 1,262,436,060
12
12
2,723,887,644
13
First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization, check this box and stop here.................................................right arrow
Section C. Computation of Public Support Percentage
14
14
92.430 %
15
15
91.699 %
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......            
3 Gross receipts from activities that are not an unrelated trade or business under section 513..            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5.            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public support (Subtract line 7c from line 6.)  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.) ..            
13 Total support. (Add lines 9, 10c, 11, and 12.)..            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 4
Part IV
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Explanation
 
 
 
 
Schedule A (Form 990 or 990-EZ) 2013

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Name of the organization
Partners HealthCare System Inc
 
Employer identification number

04-3230035
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......................... Arrow Bullet $  
Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 2
Name of organization
Partners HealthCare System Inc
  		Employer identification number

04-3230035
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

   
RESTRICTED
RESTRICTED
RESTRICTED, RESTRICTEDRESTRICTED

$RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 3
Name of organization
Partners HealthCare System Inc
  		Employer identification number

04-3230035
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 4
Name of organization
Partners HealthCare System Inc
  		Employer identification number

04-3230035
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Additional Data


Software ID:  
Software Version:  
SCHEDULE C
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527
SchCMd Bullet Complete if the organization is described below.SchCMd Bullet Attach to Form 990 or Form 990-EZ.
SchCMd Bullet See separate instructions.SchCMd Bullet Information about Schedule C (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
If the organization answered "Yes" to Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" to Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" to Form 990, Part IV, Line 5 (Proxy Tax) or Form 990-EZ, Part V, line 35c (Proxy Tax), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
Partners HealthCare System Inc
 
Employer identification number

04-3230035
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV.
2
Political expenditures ....................................SchCMd Bullet
$  
3
Volunteer hours ........................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 .........SchCMd Bullet
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 ......SchCMd Bullet
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? ..............
4a
Was a correction made? .........................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c), except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities SchCMd Bullet
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ...................................SchCMd Bullet

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b..SchCMd Bullet

$  
4
Did the filing organization file Form 1120-POL for this year? ..........................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.










For Paperwork Reduction Act Notice, see the instructions for Form 990 or 990-EZ.
Cat. No. 50084S
Schedule C (Form 990 or 990-EZ) 2013

Schedule C (Form 990 or 990-EZ) 2013
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check SchCMd Bulletexpenses, and share of excess lobbying expenditures).
B Check SchCMd Bullet
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
organization's
totals 		(b) Affiliated group
totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......    
b Total lobbying expenditures to influence a legislative body (direct lobbying) .......    
c Total lobbying expenditures (add lines 1a and 1b) ...................    
d Other exempt purpose expenditures ........................    
e Total exempt purpose expenditures (add lines 1c and 1d) ...............    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		    
If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
Not over $500,00020% of the amount on line 1e.
Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
Over $17,000,000$1,000,000.
g Grassroots nontaxable amount (enter 25% of line 1f) .................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ......................................

4-Year Averaging Period Under Section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the instructions for lines 2a through 2f on page 4.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year
beginning in) 		(a) 2010 (b) 2011 (c) 2012 (d) 2013 (e) Total
2a Lobbying nontaxable amount          
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		 
c Total lobbying expenditures          
d Grassroots nontaxable amount          
e Grassroots ceiling amount
(150% of line 2d, column (e))		  
f Grassroots lobbying expenditures          
Schedule C (Form 990 or 990-EZ) 2013


Schedule C (Form 990 or 990-EZ) 2013
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
For each "Yes" response to lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
No
Yes
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? .........................................
 
No
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ....
Yes
 
c
Media advertisements? ....................................
 
No
 
d
Mailings to members, legislators, or the public? .........................
Yes
 
 
e
Publications, or published or broadcast statements? .......................
 
No
 
f
Grants to other organizations for lobbying purposes? .......................
 
No
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? ........
Yes
 
1,804,526
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ......
 
No
 
i
Other activities? ..........................
 
No
 
j
Total. Add lines 1c through 1i ...............................
1,804,526
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
No
b
If "Yes," enter the amount of any tax incurred under section 4912 .................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 .....
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? .......
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ................
2
 
 
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? ..........
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."
1
Dues, assessments and similar amounts from members .....................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political
expenses for which the section 527(f) tax was paid).
a
Current year .........................................
2a
 
b
Carryover from last year ....................................
2b
 
c
Total ............................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ................................
4
 
5
Taxable amount of lobbying and political expenditures (see instructions) ..............
5
 
Part IV
Supplemental Information
Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, line 2; and Part ll-B, line 1. Also, complete this part for any additional information.
Return Reference Explanation
Part II-B Lobbying Expenses The Corporation may on occasion contact its employees with a voluntary opportunity to participate in the conversation to protect against cuts in Federal funding that would have an adverse impact on the Corporation and its Affiliates as well as the pace of medical advances, the economy, and the global competitiveness of the Corporation. The Corporation may on occasion review proposed legislation for the purpose of determining the effect upon its tax-exempt purposes. The Corporation may on occasion also appear before a legislative committee, confer with legislators or otherwise attempt to influence legislation. However, it will not participate, in any way, in political campaigns. The Corporation's involvement in legislative activities constitutes an insubstantial part of its activities.
Schedule C (Form 990 or 990EZ) 2013

Additional Data


Software ID:  
Software Version:  

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions. SchDMd Bullet Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
Partners HealthCare System Inc
 
Employer identification number

04-3230035
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) .....    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register .................... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .......................................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIII and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ........
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current year (b)Prior year b (c)Two years back (d)Three years back (e)Four years back
1a Beginning of year balance .... 6,069,859 5,609,796 5,162,396 5,110,800 4,740,375
b Contributions ........ 216,931 199,812 189,373 171,858 157,159
c Net investment earnings, gains, and losses 542,631 507,611 447,400 51,596 370,425
d Grants or scholarships .....          
e Other expenditures for facilities
and programs ........ 		266,432 247,360 189,373 171,858 157,159
f Administrative expenses ....          
g End of year balance ...... 6,562,989 6,069,859 5,609,796 5,162,396 5,110,800
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet82.000 %
b
Permanent endowment SchDMd Bullet18.000 %
c
Temporarily restricted endowment SchDMd Bullet  
The percentages in lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
 
No
(ii) related organizations ........................
3a(ii)
 
No
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land ................. 28,283,228 22,104,017 50,387,245
b Buildings ................ 18,624,111 36,054,509 12,330,324 42,348,296
c Leasehold improvements ............   29,104,504 17,199,738 11,904,766
d Equipment ................   215,139,878 85,725,913 129,413,965
e Other .................   164,873,040 0 164,873,040
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......SchDMdBullet 398,927,312
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 3
Part VII
Investments—Other Securities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
(3)Other
(A) INVESTED CASH EQUIVALENTS 		53,588,678 F

(B) EQUITIES 		8,531,949 F

(C) U.S. GOV'T & FIXED INCOME SEC. 		18,063,891 F

(D) PRIVATE PARTNERSHIPS & OTHER 		96,999 C

(E) INV IN PARTNERS POOLED INV ACC 		777,644,324 F




Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 857,925,841
Part VIII
Investments—Program Related. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
Federal income taxes 0
UNEXPENDED FUNDS ON RESEARCH G 0
SECURITIES LENDING ARRANGEMENT -6,927,168
TAXABLE BONDS, SERIES C & SERI 1,053,678,577






Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 1,046,751,409
2. Liability for uncertain tax positions In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII ..................................................
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b....................... 4c  
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5  
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d...................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ............ 4b  
c Add lines 4a and 4b....................... 4c  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5  
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
Part V, Line 4 Intended Use of Endowment Funds The endowment funds of Partners HealthCare System, Inc. are used in furtherance of the organization's tax-exempt mission.
Part X, Line 2 FIN 48 Footnote Partners HealthCare System, Inc. does not have a FIN 48 Footnote disclosure in the consolidated audited financial statements.
Schedule D (Form 990) 2013

Additional Data


Software ID:  
Software Version:  




SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990,Part IV, line 14b, 15, or 16.Right pointing arrow large image Attach to Form 990. Right pointing arrow large image See separate instructions.Right pointing arrow large image Information about Schedule F (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
Partners HealthCare System Inc
 
Employer identification number

04-3230035
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 14b.
1
For grantmakers.Does the organization maintain records to substantiate the amount of its grants and
other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? ...............................
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in region (d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in region		 (f) Total expenditures
for and investments
in region
Central America and the Caribbean 0 0 Program Services Jointly Owned For. Ins 657,959
East Asia and the Pacific 0 0 Program Services Pat. Care, Res. & Educ 41,067
Europe (Including Iceland and Greenland) 0 0 Program Services Pat. Care, Res. & Educ 1,258,374
Middle East and North Africa 0 4 Program Services Pat. Care, Res. & Educ 2,245
North America 0 0 Program Services Pat. Care, Res. & Educ 553,745
Russia and the Newly Independent States 0 0 Program Services Pat. Care, Res. & Educ 2,138
South Asia 0 0 Program Services Pat. Care, Res. & Educ 964,980
           
           
           
           
           
           
           
           
           
           
3a Sub-total ..... 0 4 3,480,508
b Total from continuation sheets to Part I ...      
c Totals (add lines 3a and 3b) 0 4 3,480,508
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2013
Schedule F (Form 990) 2013
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter ....MediumBullet
 
3
Enter total number of other organizations or entities .......................MediumBullet
 
Schedule F (Form 990) 2013
Schedule F (Form 990) 2013Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
non-cash
assistance 		(g) Description
of non-cash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2013
Schedule F (Form 990) 2013
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes,"the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926)......................................
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A).......................................
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471)..............................
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621)...............................................
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships. (see Instructions for Form 8865)....................................
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see Instructions for Form 5713)................................................
Schedule F (Form 990) 2013
Schedule F (Form 990) 2013
Page 5
Part V
Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).
ReturnReference Explanation
Part I, Line 3 Accounting Method The organization uses the book value method to report foreign expenditures to be consistent with the reporting used for the financial statements.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2013
Additional Data


Software ID:  
Software Version:  



SCHEDULE G (Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrowAttach to Form 990 or Form 990-EZ. right arrowSee separate instructions.
right arrowInformation about Schedule G (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
Partners HealthCare System Inc
 
Employer identification number

04-3230035
Part I
Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17.
Form 990-EZ filers are not required to complete this part.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.
(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
PGCalc
129 Mount Auburn Street
 
Cambridge, MA02138 		FUNDRAISING STRATEGY   No 0 80,152 0
The Wayland Group
323 Boston Post Road
 
Sudbury, MA01776 		FUNDRAISING STRATEGY   No 100,000 45,791 0
Maura Callahan GROUP LLC
469 WALNUT STREET
 
BROOKLINE, MA02445 		Fundraising Strategy   No 100,000 38,100 0
             
             
             
             
             
             
             
Total .................right arrow 200,000 164,043 0
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
DE, ID, IN, MA, MT, NE, NV, NH, TX, WY
For Paperwork Reduction Act Notice, see the Instructions for Form 990or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2013
Schedule G (Form 990 or 990-EZ) 2013
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.
(a) Event #1

 
(event type) 		(b) Event #2

 
(event type) 		(c) Other events

 
(total number) 		(d) Total events
(add col. (a) through col. (c))
VerticalRevenue 1 Gross receipts . . .        
2 Less: Contributions . .        
3 Gross income (line 1
minus line 2) . . . 		       
VerticalDirectExpenses 4 Cash prizes . . .        
5 Noncash prizes . .        
6 Rent/facility costs . .        
7 Food and beverages .        
8 Entertainment . . .        
9 Other direct expenses .        
10 Direct expense summary. Add lines 4 through 9 in column (d) ........... right arrow  
11 Net income summary. Subtract line 10 from line 3, column (d)........... right arrow  
Part III
Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue (a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (add col.(a) through col.(c))
1 Gross revenue . . . .        
VerticalDirectExpenses 2 Cash prizes . . . .        
3 Non-cash prizes . . .        
4 Rent/facility costs . . .        
5 Other direct expenses . .        
6 Volunteer labor . . .
%
%
%
7 Direct expense summary. Add lines 2 through 5 in column (d) ........... right arrow  
8 Net gaming income summary. Subtract line 7 from line 1, column (d) ......... right arrow  
9
Enter the state(s) in which the organization operates gaming activities:
a
Is the organization licensed to operate gaming activities in each of these states? ............
b
If "No," explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? .....
b
If "Yes," explain:
 
Schedule G (Form 990 or 990-EZ) 2013
Schedule G (Form 990 or 990-EZ) 2013
Page 3
11
Does the organization operate gaming activities with nonmembers? .................
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? ..........................
13
Indicate the percentage of gaming activity operated in:
a
The organization's facility ......................
13a
%
b
An outside facility ........................
13b
%
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? ......................................
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address of the third party:
Name right arrow
Address right arrow
 
 
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? ............................
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v), and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also complete this part to provide any additional information (see instructions).
Return Reference Explanation
Schedule G (Form 990 or 990-EZ) 2013
Additional Data


Software ID:  
Software Version:  
Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
lBullet Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
Partners HealthCare System Inc
 
Employer identification number
04-3230035
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) CAMP HARBOR VIEW FOUNDATION
200 CLARENDON STREET 60TH FLOOR
BOSTON,MA02119 		75-3235491 501(C)(3) 1,100,000       Community Benefits
(2) LYNN COMMUNITY HEALTH CENTER
PO BOX 526
LYNN,MA01903 		04-2525066 501(c)(3) 806,864       Community Benefits
(3) MASS LEAGUE OF COMMUNITY HEALTH CENTERS
40 COURT STREET 10TH FLOOR
Boston,MA01903 		04-2507409 501(c)(3) 725,527       Community Benefits
(4) UPHAMS CORNER HEALTH CENTER
500 COLUMBIA ROAD
DORCHESTER,MA02125 		04-2708670 501(c)(3) 391,566       Community Benefits
(5) INSTITUTE FOR COMMUNITY HEALTH
163 GORE STREET
CAMBRIDGE,MA02141 		04-3543853 501(c)(3) 220,000       Community Benefits
(6) HEALTHCARE FOR ALL
30 WINTER STREET 10TH FLOOR
Boston,MA02108 		04-3071598 501(c)(3) 208,500       Community Benefits
(7) BOSTON HEALTHCARE FOR THE HOMELESS PROGRAM
780 ALBANY STREET
Boston,MA02118 		04-3160480 501(c)(3) 200,500       Community Benefits Program
(8) MATTAPAN COMMUNITY HEALTH CENTER
1575 BLUE HILL AVENUE
MATTAPAN,MA02126 		04-2544151 501(c)(3) 183,000       Community Benefits Program
(9) NORTH SHORE COMMUNITY HEALTH INC
27 CONGRESS STREET SUITE 504
SALEM,MA01970 		04-2610447 501(c)(3) 170,500       Community Benefits Program
(10) HEALTH LEADS INC
2 OLIVER STREET 10TH FLOOR
Boston,MA02109 		45-0484533 501(c)(3) 168,766       Community Benefits Program
(11) UNITED WAY OF MASSACHUSETTS BAY
PO BOX 51381
BOSTON,MA02205 		04-2382233 501(c)(3) 110,000       Community Benefits Program
(12) PATHWAYS TO WELLNESS
1601 WASHINGTON STREET 3RD FLOOR
BOSTON,MA02118 		04-3131334 501(c)(3) 55,000       Community Benefits Program
(13) CODMAN SQUARE HEALTH CENTER
637 WASHINGTON STREET
DORCHESTER,MA02124 		04-2678774 501(c)(3) 50,500       Community Benefits Program
(14) SOUTH BOSTON COMMUNITY HEALTH CENTER
409 WEST BROADWAY
SOUTH BOSTON,MA02127 		04-2682152 501(c)(3) 50,500       Community Benefits Program
(15) SOUTH SHORE HOSPITAL
55 FOGG ROAD
SOUTH WEYMOUTH,MA02190 		04-2769210 501(c)(3) 50,000       Community Benefits Program
(16) WINTHROP COUNCIL ON AGING
35 HARVARD STREET
WINTHROP,MA02152 		04-3062138 501(c)(3) 50,000       Community Benefits Program
(17) THE MASSACHUSETTS GENERAL HOSPITAL
205 PORTLAND STREET 6TH FLOOR
BOSTON,MA02114 		04-1564655 501(c)(3) 41,667       Community Benefits Program
(18) BOSTON CENTER FOR INDEPENDENT LIVING
60 TEMPLE PLACE 5TH FLOOR
Boston,MA02111 		04-2546595 501(c)(3) 35,000       Community Benefits Program
(19) MASSACHUSETTS PUBLIC HEALTH ASSOCIATION
101 TREMONT STREET SUITE 1011
Boston,MA02108 		04-2326503 501(c)(3) 35,000       Community Benefits Program
(20) PROJECT BREAD
145 BORDER STREET
EAST BOSTON,MA02128 		04-2931195 501(c)(3) 35,000       Community Benefits Program
(21) PROJECT HOPE
550 DUDLEY STREET
ROXBURY,MA02119 		04-2748880 501(c)(3) 35,000       Community Benefits Program
(22) BIG BROTHER BIG SISTER
75 FEDERAL STREET 8TH FLOOR
Boston,MA02110 		04-2074462 501(c)(3) 31,000       Community Benefits Program
(23) COMMUNITY WORKS
25 WEST STEET
BOSTON,MA02111 		04-2762623 501(c)(3) 31,000       Community Benefits Program
(24) HEALTH LAW ADVOCATES
30 WINTER STREET SUITE 1004
Boston,MA02108 		04-3298116 501(c)(3) 30,000       Community Benefits Program
(25) EAST BOSTON NEIGHBORHOOD HEALTH CENTER
10 GOVE STREET
EAST BOSTON,MA02128 		23-7425849 501(c)(3) 25,500       Community Benefits Program
(26) MASS ADVOCATES FOR CHILDREN
25 KINGDOM STREET 2ND FLOOR
Boston,MA02111 		04-2488456 501(c)(3) 25,500       Community Benefits Program
(27) WHITTIER STREET HEALTH CENTER
1290 TREMONT STREET
ROXBURY,MA02120 		04-2619517 501(c)(3) 25,500       Community Benefits Program
(28) AMERICAN HEART ASSOCIATION
7272 GREENVILLE AVENUE
DALLAS,TX75231 		13-5613797 501(c)(3) 25,000       Community Benefits Program
(29) BOSTON SCHOLAR ATHLETE PROGRAM
65 ALLERTON STREET
BOSTON,MA02119 		27-3987854 501(c)(3) 25,000       Community Benefits Program
(30) CHARLESTOWN RECOVERY HOUSE
PO BOX 290175
CHARLESTOWN,MA02129 		04-3505037 501(c)(11) 25,000       Community Benefits Program
(31) COMPASSIONATE CARE ALS INC
PO BOX 1052
WEST FALMOUTH,MA02574 		04-3567819 501(c)(3) 25,000       Community Benefits Program
(32) GREATER BOSTON CHAMBER OF COMMERCE
265 FRANKLIN STREET 12TH FLOOR
BOSTON,MA02110 		04-1103090 501(c)(3) 25,000       Community Benefits Program
(33) INNER-CITY SCHOLARSHIP FUND
260 FRANKLIN STREET SUITE 630
Boston,MA02110 		22-2485502 501(c)(3) 25,000       Community Benefits Program
(34) RIVERSIDE COMMUNITY CARE INC
450 WASHINGTON STREET SUITE 203
DEDHAM,MA020264449 		04-3097170 501(c)(3) 25,000       Community Benefits Program
(35) ROXBURY COMMUNITY COLLEGE FOUNDATION
1234 COLUMBUS AVENUE
BOSTON,MA02120 		22-2536037 501(c)(3) 25,000       Community Benefits Program
(36) LYNN YMCA
20 NEPTUNE BLVD
LYNN,MA01902 		04-2105883 501(c)(3) 22,000       Community Benefits Program
(37) BIG SISTER ASSOCIATION
161 MASSACHUSETTS AVENUE
BOSTON,MA02115 		04-2150651 501(c)(3) 20,000       Community Benefits Program
(38) THE BOSTON FOUNDATION
75 ARLINGTON STREET 10TH FLOOR
BOSTON,MA02116 		04-2104021 501(c)(3) 19,167       Community Benefits Program
(39) MASSACHUSETTS ASSOCIATION FOR MENTAL HEALTH
130 BOWDOIN STREET SUITE 309
BOSTON,MA02108 		04-2104711 501(c)(3) 19,000       Community Benefits Program
(40) JANE DOE INC
14 BEACON STREET SUITE 309
BOSTON,MA02108 		04-2676138 501(c)(3) 15,900       Community Benefits Program
(41) ABCD
178 TREMONT STREET 2ND FLOOR
BOSTON,MA02111 		04-2304133 501(c)(3) 15,000       Community Benefits Program
(42) DIMOCK CHC
55 DIMOCK STREET
ROXBURY,MA02119 		04-3487835 501(c)(3) 15,000       Community Benefits Program
(43) BOSTON'S HIGHER GROUND INC
384 WARREN STREET
ROXBURY,MA02119 		27-3660369 501(c)(3) 15,000       Community Benefits Program
(44) NATIONAL PATIENT SAFETY FOUNDATION
268 SUMMER STREET
BOSTON,MA02210 		36-7166993 501(c)(3) 15,000       Community Benefits Program
(45) NEW ENGLAND HEALTHCARE INSTITUTE
ONE BROADWAY 15TH FLOOR
CAMBRIDGE,MA02142 		01-0624865 501(c)(3) 15,000       Community Benefits Program
(46) THE NEW ENGLAND COUNCIL
98 NORTH WASHINGTON STREET SUITE 2
BOSTON,MA02114 		04-1661090 501(c)(3) 15,000       Community Benefits Program
(47) BOSTON BRANCH NAACP
PO BOX 300159
Boston,MA02130 		04-3574060 501(c)(3) 11,000       Community Benefits Program
(48) ALZHEIMERS ASSOCIATION OF MANH CHAPTER
480 PLEASANT STREET
WATERTOWN,MA02472 		04-2731194 501(c)(3) 10,000       Community Benefits Program
(49) BOYS AND GIRLS CLUBS OF BOSTON
50 CONGRESS STREET SUITE 730
BOSTON,MA02199 		04-2103922 501(c)(3) 10,000       Community Benefits Program
(50) COMMUNITY CATALYST INC
30 WINTER STREET FLOOR 10
BOSTON,MA02108 		04-3355127 501(c)(3) 10,000       Community Benefits Program
(51) GBIO
594 COLUMBIA ROAD SUITE 203
DORCHESTER,MA02125 		04-3355553 501(c)(3) 10,000       Community Benefits Program
(52) HOSPITALITY HOMES
PO BOX 15265
BOSTON,MA02215 		04-3204112 501(c)(3) 10,000       Community Benefits Program
(53) INTERNATIONAL CONSORTIUM HEALTH OUTCOMES MEASURE
12 ARROW STREET NO 110
CAMBRIDGE,MA02138 		46-0854621 501(c)(3) 10,000       Community Benefits Program
(54) MASSACHUSETTS BUSINESS ALLIANCE FOR EDUCATION
400 ATLANTIC AVENUE
BOSTON,MA02110 		04-3274599 501(c)(1) 10,000       Community Benefits Program
(55) NAMI MA
400 WEST CUMMINGS PARK SUITE 6650
WOBURN,MA01801 		04-2777012 501(c)(3) 10,000       Community Benefits Program
(56) PINE STREET INN
444 HARRISON AVENUE
BOSTON,MA02118 		04-2516093 501(c)(3) 10,000       Community Benefits Program
(57) THE BOSTON POLICE FOUNDATION INC
11 ARLINTON STREET
BOSTON,MA02116 		04-3209395 501(c)(3) 10,000       Community Benefits Program
(58) THE FUND FOR BOSTON NEIGHBORHOODS
PO BOX 961555
BOSTON,MA02196 		04-6185609 501(c)(3) 10,000       Community Benefits Program
(59) THE PARTNERSHIP INC
155 SEAPORT BOULEVARD 13TH FLOOR
BOSTON,MA02210 		23-7425849 501(c)(3) 10,000       Community Benefits Program
(60) VICTORY PROGRAMS
965 MASSACHUSETTS AVENUE
BOSTON,MA02118 		04-2575322 501(c)(3) 10,000       Community Benefits Program
(61) BOSTON MUNICIPAL RESEARCH BUREAU
333 WASHINGTON STREET SUITE 854
Boston,MA02108 		22-2673755 501(c)(3) 7,000       COMMUNITY BENEFITS PROGRAM
(62) BOSTON SYMPHONY ORCHESTRA
301 MASSACHUSETTS AVENUE
BOSTON,MA02115 		04-2103550 501(c)(3) 5,500       COMMUNITY BENEFITS PROGRAM
(63) DORCHESTER HOUSE MULIT SERVICE CENTER
1353 DORCHESTER AVENUE
DORCHESTER,MA02122 		23-7125970 501(c)(3) 5,500       COMMUNITY BENEFITS PROGRAM
(64) PARTNERS CONTINUING CARE
800 BOYLSTON STREET
BOSTON,MA02199 		26-0003495 501(c)(3) 15,011,475       TO SUPPORT ITS TAX EXEMPT AFFILIATES
(65) SPAULDING REHABILITATION HOSPITAL
300 FIRST AVENUE
CHARLESTOWN,MA02129 		04-2551124 501(c)(3) 1,530,612       To Support its Tax Exempt Affiliates
(66) REHABILITATION HOSPITAL OF THE CAPE AND ISLANDS
311 SERVICE ROAD
EAST SANDWICH,MA02537 		04-3071419 501(c)(3) 492,065       To Support its Tax Exempt Affiliates
(67) PARTNERS HOME CARE
281 WINTER STREET
WALTHAM,MA02451 		04-2918280 501(c)(3) 2,191,664       To Support its Tax Exempt Affiliates
(68) SPAULDING HOSPITAL CAMBRIDGE
1575 CAMBRIDGE STREET
CAMBRIDGE,MA02138 		27-0273715 501(c)(3) 1,102,413       TO SUPPORT ITS TAX EXEMPT AFFILIATES
(69) SHAUNESSEY-KAPLAN REHABILITATION HOSPITAL
DOVE AVENUE
SALEM,MA01970 		04-3067082 501(C)(3) 706,603       TO SUPPORT ITS TAX EXEMPT AFFILIATES
(70) FRC INC
300 FIRST AVENUE
CHARLESTOWN,MA02129 		22-2632121 501(C)(3) 822,571       TO SUPPORT ITS TAX EXEMPT AFFILIATES
(71) NEIGHBORHOOD HEALTH PLAN
253 SUMMER STREET
BOSTON,MA02210 		04-2932021 501(C)(4) 86,000,000       TO SUPPORT ITS TAX EXEMPT AFFILIATES
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................ Bullet Image
 
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2013

Schedule I (Form 990) 2013
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance












Part IV
Supplemental Information. Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.
Return Reference Explanation
Schedule I, Part I, Line 2 Partners HealthCare System, Inc. makes donations to various tax-exempt organizations. These donations can be used by the recipient only in furtherance of their tax-exempt mission.
Schedule I (Form 990) 2013


Additional Data


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Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
SchJMediumBullet Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
Partners HealthCare System Inc
 
Employer identification number

04-3230035
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ................
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization? .........................
5b
 
No
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2013

Schedule J (Form 990) 2013
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported as deferred
in prior Form 990
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1)Nesli Basgoz MDDirector (i)
(ii)		  
233,567 		 
13,832 		 
39,389 		 
35,123 		 
8,331 		 
330,242 		 
0
(2)Joseph Loscalzo MD PhDDirector (i)
(ii)		  
565,964 		 
79,633 		 
21,144 		 
35,118 		 
21,511 		 
723,370 		 
0
(3)MAURY E MCGOUGH MDDirector (i)
(ii)		  
454,554 		 
74,602 		 
52,726 		 
41,243 		 
31,931 		 
655,056 		 
0
(4)Maureen GogginSecretary (i)
(ii)		 131,981
  		0
  		34,577
  		13,637
  		19,433
  		199,628
  		0
 
(5)GARY L GOTTLIEB MD MBAPRESIDENT AND CEO (i)
(ii)		 1,629,116
  		160,000
  		690,873
  		35,116
  		36,218
  		2,551,323
  		0
 
(6)PETER K MARKELLExecutive VP, CFO & Treasurer (i)
(ii)		 1,208,865
  		122,400
  		509,669
  		585,115
  		26,538
  		2,452,587
  		0
 
(7)JOHN R BARKERCHIEF INVESTMENT OFFICER (i)
(ii)		 517,750
  		1,356,700
  		63,631
  		16,756
  		7,066
  		1,961,903
  		0
 
(8)JAMES W NOGAVICE PRESIDENT & CIO (i)
(ii)		 480,461
  		49,200
  		60,764
  		240,575
  		32,315
  		863,315
  		0
 
(9)DENNIS D COLLINGVice President HUMAN RESOURCES (i)
(ii)		 477,688
  		25,700
  		237,703
  		35,118
  		38,334
  		814,543
  		0
 
(10)TIMOTHY G FERRIS MDVICE PRESIDENT (i)
(ii)		 495,250
  		131,942
  		63,630
  		35,116
  		22,197
  		748,135
  		0
 
(11)BRENT L HENRY ESQGENERAL COUNSEL (i)
(ii)		 664,662
  		105,000
  		366,457
  		35,117
  		17,769
  		1,189,005
  		0
 
(12)MICHAEL S JELLINEK MDCHIEF OF CLINICAL AFFAIRS (i)
(ii)		 952,616
  		97,400
  		1,006,844
  		35,116
  		36,499
  		2,128,475
  		0
 
(13)ANNE KLIBANSKI MDCHIEF ACADEMIC OFFICER (i)
(ii)		 550,095
  		72,188
  		90,251
  		35,117
  		21,310
  		768,961
  		0
 
(14)MARY C LALONDE ESQFORMER OFFICER (i)
(ii)		 144,212
  		18,000
  		13,187
  		15,980
  		29,358
  		220,737
  		0
 
(15)Michael T ManningFormer Key (i)
(ii)		 185,787
  		0
  		78,325
  		30,524
  		16,043
  		310,679
  		0
 
(16)JAY B PIEPERFORMER KEY (i)
(ii)		 -23,000
  		0
  		151,000
  		0
  		0
  		128,000
  		0
 
(17)PATRICIA SALAMONEFORMER OFFICER (i)
(ii)		 77,487
  		0
  		23,509
  		11,050
  		9,836
  		121,882
  		0
 
Schedule J (Form 990) 2013

Schedule J (Form 990) 2013
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II.
Also complete this part for any additional information.
Return Reference Explanation
Part I, Line 4b Participation in a Supplemental Nonqualified Retirement Plan These amounts are already included in the compensation disclosed on Schedule J, Part II Gary L. Gottlieb, M.D. M.B.A - $605,423 Peter K. Markell - $446,526 Dennis D. Colling - $169,071 Brent L. Henry, Esq. - $289,949 Michael S. Jellinek, M.D. - $936,252 Michael T. Manning - $22,242
Part II Trustee Compensation Trustees receive no compensation or contributions to employee benefit plans for service on the Board or its Committees. Board members who are also employed by the Corporation or a Partners affiliate receive compensation only for their services as employees.
PART I, LINE 1A PAYMENT OR REIMBURSEMENT OF EXPENSES HEALTH OR SOCIAL CLUB DUES OR INITITATION FEES WERE PROVIDED TO AN OFFICER. THIS PAYMENT WAS MADE PURSUANT TO A WRITTEN POLICY AND WAS TREATED AS TAXABLE COMPENSATION.
Schedule J (Form 990) 2013

Additional Data


Software ID:  
Software Version:  
Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
Partners HealthCare System Inc
 
Employer identification number
04-3230035
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer 		(i) Pool
financing
Yes No Yes No Yes No
A MHEFA Partners HealthCare System Inc Series D
  		04-2456011 57585K3N6 05-28-2003 343,630,000 SERIES D - SEE SCHEDULE K PART VI   X   X   X
B MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES F
  		04-2456011 57586CGW9 06-10-2005 411,566,153 SERIES F - SEE SCHEDULE K PART VI   X   X   X
C MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES G-5
  		04-2456011 57586CZL2 06-07-2007 326,508,722 SERIES G5 - SEE SCHEDULE K PART VI   X   X   X
D MHEFA PARTNERS HEALTHCARE SER G-1G-2G-3G-4G-6
  		04-2456011 57586CZW8 06-07-2007 380,000,000 SERIES G - SEE SCHEDULE K PART VI   X   X   X
MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES H
  		04-2456011 57586CW27 04-01-2008 171,320,000 SERIES H - SEE SCHEDULE K PART VI   X   X   X
MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES I
  		04-2456011 57586EHR5 05-14-2009 229,977,036 SERIES I - SEE SCHEDULE K PART VI   X   X   X
MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES J
  		04-2456011 57586ENK3 01-05-2010 509,178,736 SERIES J - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES K
  		04-3431814 57583R6WO 01-13-2011 436,019,104 SERIES K - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES L
  		04-3431814 57583UMV7 01-04-2012 353,501,227 SERIES L - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES M
  		04-3431814 57583UG77 01-30-2014 510,376,675 SERIES M - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM SERIES N-1 AND N-2
  		04-3431814   08-27-2014 141,350,000 SERIES N - SEE SCHEDULE K PART VI   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 332,140,000 136,620,000 42,275,000 225,000,000
2 Amount of bonds legally defeased . . . . . . . . . . . 0 0 0 0
3 Total proceeds of issue . . . . . . . . . . . . . . 344,268,619 419,448,101 329,345,063 386,190,828
4 Gross proceeds in reserve funds . . . . . . . . . . . . 0 0 0 0
5 Capitalized interest from proceeds . . . . . . . . . . . 15,436,586 18,398,432 9,382,534 20,479,076
6 Proceeds in refunding escrows . . . . . . . . . . . . 0 0 0 0
7 Issuance costs from proceeds . . . . . . . . . . . . 2,026,416 2,671,595 2,338,149 2,776,551
8 Credit enhancement from proceeds . . . . . . . . . . . 0 2,650,000 0 4,696,147
9 Working capital expenditures from proceeds . . . . . . . . . 0 0 0 0
10 Capital expenditures from proceeds . . . . . . . . . . . 249,756,929 326,493,380 164,128,012 358,239,054
11 Other spent proceeds . . . . . . . . . . . . . . 77,048,688 69,234,694 153,496,369 0
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0 0 0
13 Year of substantial completion . . . . . . . . . . . . 2005 2007 2009 2009
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . . X   X   X     X
15 Were the bonds issued as part of an advance refunding issue? . . . . .   X   X X     X
16 Has the final allocation of proceeds been made? . . . . . . . . X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . . X   X   X   X  
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . .   X   X   X   X
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . . . . .   X   X   X   X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?                
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . .   X   X   X   X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?                
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . SchKMediumBullet 0 % 0 % 0 % 0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . . . . . SchKMediumBullet 0 %      
6 Total of lines 4 and 5 . . . . . . . . . . . . . 0 %      
7 Does the bond issue meet the private security or payment test? . . . . .   X   X   X   X
8a Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?. . . . . . . . . . . . . . . . .   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of.        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . .   X   X   X   X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? . . . . . . . 		X   X   X   X  
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? . . . . .   X   X   X   X
2 If "No" to line 1, did the following apply? . . . .
a Rebate not due yet? . . . . . . . .   X   X   X   X
b Exception to rebate? . . . . . . . .   X X   X   X  
c No rebate due? . . . . . . . . X   X   X   X  
If you checked "No rebate due" in line 2c, provide in
Part VI the date the rebate computation was performed
3 Is the bond issue a variable rate issue? . . . . X   X     X X  
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue? X   X     X X  
b Name of provider . . . . . . . . . BEAR STEARNS CAPITAL
  		BEAR STEARNS
  		0
  		 
 
c Term of hedge . . . . . . . . . . 32.2 35. 35. 35.
d Was the hedge superintegrated? . . . .   X   X   X   X
e Was the hedge terminated? . . . . . .   X   X   X   X
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . . . . . X   X   X   X  
b Name of provider . . . . . . . . . TRINITY PLUS
  		XL ASSET
  		CITIGROUP
  		CITI GROUP
 
c Term of GIC . . . . . . . . . . 2.4 1.8 1.7 1.7
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . . X   X   X   X  
6 Were any gross proceeds invested beyond an available temporary period? . . . . . . . .   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? . . . X   X   X   X  
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part VI
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
PART VI - SEE FEDERAL FOOTNOTES  
Schedule K (Form 990) 2013

Additional Data


Software ID:  
Software Version:  

Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
Partners HealthCare System Inc
 
Employer identification number
04-3230035
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer 		(i) Pool
financing
Yes No Yes No Yes No
A MHEFA Partners HealthCare System Inc Series D
  		04-2456011 57585K3N6 05-28-2003 343,630,000 SERIES D - SEE SCHEDULE K PART VI   X   X   X
B MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES F
  		04-2456011 57586CGW9 06-10-2005 411,566,153 SERIES F - SEE SCHEDULE K PART VI   X   X   X
C MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES G-5
  		04-2456011 57586CZL2 06-07-2007 326,508,722 SERIES G5 - SEE SCHEDULE K PART VI   X   X   X
D MHEFA PARTNERS HEALTHCARE SER G-1G-2G-3G-4G-6
  		04-2456011 57586CZW8 06-07-2007 380,000,000 SERIES G - SEE SCHEDULE K PART VI   X   X   X
MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES H
  		04-2456011 57586CW27 04-01-2008 171,320,000 SERIES H - SEE SCHEDULE K PART VI   X   X   X
MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES I
  		04-2456011 57586EHR5 05-14-2009 229,977,036 SERIES I - SEE SCHEDULE K PART VI   X   X   X
MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES J
  		04-2456011 57586ENK3 01-05-2010 509,178,736 SERIES J - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES K
  		04-3431814 57583R6WO 01-13-2011 436,019,104 SERIES K - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES L
  		04-3431814 57583UMV7 01-04-2012 353,501,227 SERIES L - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES M
  		04-3431814 57583UG77 01-30-2014 510,376,675 SERIES M - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM SERIES N-1 AND N-2
  		04-3431814   08-27-2014 141,350,000 SERIES N - SEE SCHEDULE K PART VI   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 332,140,000 136,620,000 42,275,000 225,000,000
2 Amount of bonds legally defeased . . . . . . . . . . . 0 0 0 0
3 Total proceeds of issue . . . . . . . . . . . . . . 344,268,619 419,448,101 329,345,063 386,190,828
4 Gross proceeds in reserve funds . . . . . . . . . . . . 0 0 0 0
5 Capitalized interest from proceeds . . . . . . . . . . . 15,436,586 18,398,432 9,382,534 20,479,076
6 Proceeds in refunding escrows . . . . . . . . . . . . 0 0 0 0
7 Issuance costs from proceeds . . . . . . . . . . . . 2,026,416 2,671,595 2,338,149 2,776,551
8 Credit enhancement from proceeds . . . . . . . . . . . 0 2,650,000 0 4,696,147
9 Working capital expenditures from proceeds . . . . . . . . . 0 0 0 0
10 Capital expenditures from proceeds . . . . . . . . . . . 249,756,929 326,493,380 164,128,012 358,239,054
11 Other spent proceeds . . . . . . . . . . . . . . 77,048,688 69,234,694 153,496,369 0
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0 0 0
13 Year of substantial completion . . . . . . . . . . . . 2005 2007 2009 2009
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . . X   X   X     X
15 Were the bonds issued as part of an advance refunding issue? . . . . .   X   X X     X
16 Has the final allocation of proceeds been made? . . . . . . . . X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . . X   X   X   X  
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . .   X   X   X   X
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . . . . .   X   X   X   X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?                
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . .   X   X   X   X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?                
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . SchKMediumBullet 0 % 0 % 0 % 0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . . . . . SchKMediumBullet 0 %      
6 Total of lines 4 and 5 . . . . . . . . . . . . . 0 %      
7 Does the bond issue meet the private security or payment test? . . . . .   X   X   X   X
8a Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?. . . . . . . . . . . . . . . . .   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of.        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . .   X   X   X   X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? . . . . . . . 		X   X   X   X  
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? . . . . .   X   X   X   X
2 If "No" to line 1, did the following apply? . . . .
a Rebate not due yet? . . . . . . . .   X   X   X   X
b Exception to rebate? . . . . . . . .   X X   X   X  
c No rebate due? . . . . . . . . X   X   X   X  
If you checked "No rebate due" in line 2c, provide in
Part VI the date the rebate computation was performed
3 Is the bond issue a variable rate issue? . . . . X   X     X X  
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue? X   X     X X  
b Name of provider . . . . . . . . . BEAR STEARNS CAPITAL
  		BEAR STEARNS
  		0
  		 
 
c Term of hedge . . . . . . . . . . 32.2 35. 35. 35.
d Was the hedge superintegrated? . . . .   X   X   X   X
e Was the hedge terminated? . . . . . .   X   X   X   X
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . . . . . X   X   X   X  
b Name of provider . . . . . . . . . TRINITY PLUS
  		XL ASSET
  		CITIGROUP
  		CITI GROUP
 
c Term of GIC . . . . . . . . . . 2.4 1.8 1.7 1.7
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . . X   X   X   X  
6 Were any gross proceeds invested beyond an available temporary period? . . . . . . . .   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? . . . X   X   X   X  
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part VI
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
PART VI - SEE FEDERAL FOOTNOTES  
Schedule K (Form 990) 2013

Additional Data


Software ID:  
Software Version:  

Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
Partners HealthCare System Inc
 
Employer identification number
04-3230035
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer 		(i) Pool
financing
Yes No Yes No Yes No
A MHEFA Partners HealthCare System Inc Series D
  		04-2456011 57585K3N6 05-28-2003 343,630,000 SERIES D - SEE SCHEDULE K PART VI   X   X   X
B MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES F
  		04-2456011 57586CGW9 06-10-2005 411,566,153 SERIES F - SEE SCHEDULE K PART VI   X   X   X
C MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES G-5
  		04-2456011 57586CZL2 06-07-2007 326,508,722 SERIES G5 - SEE SCHEDULE K PART VI   X   X   X
D MHEFA PARTNERS HEALTHCARE SER G-1G-2G-3G-4G-6
  		04-2456011 57586CZW8 06-07-2007 380,000,000 SERIES G - SEE SCHEDULE K PART VI   X   X   X
MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES H
  		04-2456011 57586CW27 04-01-2008 171,320,000 SERIES H - SEE SCHEDULE K PART VI   X   X   X
MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES I
  		04-2456011 57586EHR5 05-14-2009 229,977,036 SERIES I - SEE SCHEDULE K PART VI   X   X   X
MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES J
  		04-2456011 57586ENK3 01-05-2010 509,178,736 SERIES J - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES K
  		04-3431814 57583R6WO 01-13-2011 436,019,104 SERIES K - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES L
  		04-3431814 57583UMV7 01-04-2012 353,501,227 SERIES L - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES M
  		04-3431814 57583UG77 01-30-2014 510,376,675 SERIES M - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM SERIES N-1 AND N-2
  		04-3431814   08-27-2014 141,350,000 SERIES N - SEE SCHEDULE K PART VI   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 332,140,000 136,620,000 42,275,000 225,000,000
2 Amount of bonds legally defeased . . . . . . . . . . . 0 0 0 0
3 Total proceeds of issue . . . . . . . . . . . . . . 344,268,619 419,448,101 329,345,063 386,190,828
4 Gross proceeds in reserve funds . . . . . . . . . . . . 0 0 0 0
5 Capitalized interest from proceeds . . . . . . . . . . . 15,436,586 18,398,432 9,382,534 20,479,076
6 Proceeds in refunding escrows . . . . . . . . . . . . 0 0 0 0
7 Issuance costs from proceeds . . . . . . . . . . . . 2,026,416 2,671,595 2,338,149 2,776,551
8 Credit enhancement from proceeds . . . . . . . . . . . 0 2,650,000 0 4,696,147
9 Working capital expenditures from proceeds . . . . . . . . . 0 0 0 0
10 Capital expenditures from proceeds . . . . . . . . . . . 249,756,929 326,493,380 164,128,012 358,239,054
11 Other spent proceeds . . . . . . . . . . . . . . 77,048,688 69,234,694 153,496,369 0
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0 0 0
13 Year of substantial completion . . . . . . . . . . . . 2005 2007 2009 2009
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . . X   X   X     X
15 Were the bonds issued as part of an advance refunding issue? . . . . .   X   X X     X
16 Has the final allocation of proceeds been made? . . . . . . . . X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . . X   X   X   X  
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . .   X   X   X   X
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . . . . .   X   X   X   X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?                
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . .   X   X   X   X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?                
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . SchKMediumBullet 0 % 0 % 0 % 0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . . . . . SchKMediumBullet 0 %      
6 Total of lines 4 and 5 . . . . . . . . . . . . . 0 %      
7 Does the bond issue meet the private security or payment test? . . . . .   X   X   X   X
8a Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?. . . . . . . . . . . . . . . . .   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of.        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . .   X   X   X   X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? . . . . . . . 		X   X   X   X  
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? . . . . .   X   X   X   X
2 If "No" to line 1, did the following apply? . . . .
a Rebate not due yet? . . . . . . . .   X   X   X   X
b Exception to rebate? . . . . . . . .   X X   X   X  
c No rebate due? . . . . . . . . X   X   X   X  
If you checked "No rebate due" in line 2c, provide in
Part VI the date the rebate computation was performed
3 Is the bond issue a variable rate issue? . . . . X   X     X X  
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue? X   X     X X  
b Name of provider . . . . . . . . . BEAR STEARNS CAPITAL
  		BEAR STEARNS
  		0
  		 
 
c Term of hedge . . . . . . . . . . 32.2 35. 35. 35.
d Was the hedge superintegrated? . . . .   X   X   X   X
e Was the hedge terminated? . . . . . .   X   X   X   X
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . . . . . X   X   X   X  
b Name of provider . . . . . . . . . TRINITY PLUS
  		XL ASSET
  		CITIGROUP
  		CITI GROUP
 
c Term of GIC . . . . . . . . . . 2.4 1.8 1.7 1.7
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . . X   X   X   X  
6 Were any gross proceeds invested beyond an available temporary period? . . . . . . . .   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? . . . X   X   X   X  
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part VI
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
PART VI - SEE FEDERAL FOOTNOTES  
Schedule K (Form 990) 2013

Additional Data


Software ID:  
Software Version:  

Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
Partners HealthCare System Inc
 
Employer identification number
04-3230035
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer 		(i) Pool
financing
Yes No Yes No Yes No
A MHEFA Partners HealthCare System Inc Series D
  		04-2456011 57585K3N6 05-28-2003 343,630,000 SERIES D - SEE SCHEDULE K PART VI   X   X   X
B MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES F
  		04-2456011 57586CGW9 06-10-2005 411,566,153 SERIES F - SEE SCHEDULE K PART VI   X   X   X
C MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES G-5
  		04-2456011 57586CZL2 06-07-2007 326,508,722 SERIES G5 - SEE SCHEDULE K PART VI   X   X   X
D MHEFA PARTNERS HEALTHCARE SER G-1G-2G-3G-4G-6
  		04-2456011 57586CZW8 06-07-2007 380,000,000 SERIES G - SEE SCHEDULE K PART VI   X   X   X
MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES H
  		04-2456011 57586CW27 04-01-2008 171,320,000 SERIES H - SEE SCHEDULE K PART VI   X   X   X
MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES I
  		04-2456011 57586EHR5 05-14-2009 229,977,036 SERIES I - SEE SCHEDULE K PART VI   X   X   X
MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES J
  		04-2456011 57586ENK3 01-05-2010 509,178,736 SERIES J - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES K
  		04-3431814 57583R6WO 01-13-2011 436,019,104 SERIES K - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES L
  		04-3431814 57583UMV7 01-04-2012 353,501,227 SERIES L - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES M
  		04-3431814 57583UG77 01-30-2014 510,376,675 SERIES M - SEE SCHEDULE K PART VI   X   X   X
MDFA PARTNERS HEALTHCARE SYSTEM SERIES N-1 AND N-2
  		04-3431814   08-27-2014 141,350,000 SERIES N - SEE SCHEDULE K PART VI   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 332,140,000 136,620,000 42,275,000 225,000,000
2 Amount of bonds legally defeased . . . . . . . . . . . 0 0 0 0
3 Total proceeds of issue . . . . . . . . . . . . . . 344,268,619 419,448,101 329,345,063 386,190,828
4 Gross proceeds in reserve funds . . . . . . . . . . . . 0 0 0 0
5 Capitalized interest from proceeds . . . . . . . . . . . 15,436,586 18,398,432 9,382,534 20,479,076
6 Proceeds in refunding escrows . . . . . . . . . . . . 0 0 0 0
7 Issuance costs from proceeds . . . . . . . . . . . . 2,026,416 2,671,595 2,338,149 2,776,551
8 Credit enhancement from proceeds . . . . . . . . . . . 0 2,650,000 0 4,696,147
9 Working capital expenditures from proceeds . . . . . . . . . 0 0 0 0
10 Capital expenditures from proceeds . . . . . . . . . . . 249,756,929 326,493,380 164,128,012 358,239,054
11 Other spent proceeds . . . . . . . . . . . . . . 77,048,688 69,234,694 153,496,369 0
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0 0 0
13 Year of substantial completion . . . . . . . . . . . . 2005 2007 2009 2009
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . . X   X   X     X
15 Were the bonds issued as part of an advance refunding issue? . . . . .   X   X X     X
16 Has the final allocation of proceeds been made? . . . . . . . . X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . . X   X   X   X  
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . .   X   X   X   X
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . . . . .   X   X   X   X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?                
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . .   X   X   X   X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?                
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . SchKMediumBullet 0 % 0 % 0 % 0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . . . . . SchKMediumBullet 0 %      
6 Total of lines 4 and 5 . . . . . . . . . . . . . 0 %      
7 Does the bond issue meet the private security or payment test? . . . . .   X   X   X   X
8a Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?. . . . . . . . . . . . . . . . .   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of.        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . .   X   X   X   X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? . . . . . . . 		X   X   X   X  
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? . . . . .   X   X   X   X
2 If "No" to line 1, did the following apply? . . . .
a Rebate not due yet? . . . . . . . .   X   X   X   X
b Exception to rebate? . . . . . . . .   X X   X   X  
c No rebate due? . . . . . . . . X   X   X   X  
If you checked "No rebate due" in line 2c, provide in
Part VI the date the rebate computation was performed
3 Is the bond issue a variable rate issue? . . . . X   X     X X  
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue? X   X     X X  
b Name of provider . . . . . . . . . BEAR STEARNS CAPITAL
  		BEAR STEARNS
  		0
  		 
 
c Term of hedge . . . . . . . . . . 32.2 35. 35. 35.
d Was the hedge superintegrated? . . . .   X   X   X   X
e Was the hedge terminated? . . . . . .   X   X   X   X
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . . . . . X   X   X   X  
b Name of provider . . . . . . . . . TRINITY PLUS
  		XL ASSET
  		CITIGROUP
  		CITI GROUP
 
c Term of GIC . . . . . . . . . . 2.4 1.8 1.7 1.7
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . . X   X   X   X  
6 Were any gross proceeds invested beyond an available temporary period? . . . . . . . .   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? . . . X   X   X   X  
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part VI
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
PART VI - SEE FEDERAL FOOTNOTES  
Schedule K (Form 990) 2013

Additional Data


Software ID:  
Software Version:  

Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ. MediumBullet See separate instructions.
MediumBulletInformation about Schedule L (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
Partners HealthCare System Inc
 
Employer identification number

04-3230035
Part I
Excess Benefit Transactions (section 501(c)(3) and section 501(c)(4) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No





2
Enter the amount of tax incurred by organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ....... Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e)Original principal amount (f)Balance due (g) In default? (h) Approved by board or committee? (i)Written agreement?
To From Yes No Yes No Yes No
Total ......Small Bullet $  
Part III
Grants or Assistance Benefitting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2013
Schedule L (Form 990 or 990-EZ) 2013
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) D Shtasel Family - Gottlieb 211,953 Salary-Mass General Phys. Org.   No
(2) A Moriarty Family - Moriarty 160,290 Salary-Brigham & Women's Hosp.   No
(3) A Holliday Family - McGough 67,379 Salary-Partners HealthCare S.   No
(4) Abiomed Termeer - Director 717,000 Products & Services   No
(5) Actavis Basgoz - Director 2,113,084 Products   No
(6) Bank of America Finucane - Director 1,854,611 Banking   No
(7) Bank of America Gifford - Director 1,854,611 Banking   No
(8) Eversource Gifford - Director 18,114,092 Utilities   No
(9) NS Health Sys McGough - Director 653,080 Services   No
(10) RMFCRICO Lawrence - Director 99,237,839 Insurance   No
(11) RMFCRICO Markell - Officer 99,237,839 Insurance   No
(12) RMFCRICO Moriarty - Director 99,237,839 Insurance   No
(13) Medicalis Holman - Director 1,033,058 Decision Support   No
(14) ThermoFisher Manzi - Director 24,219,046 Products   No
(15) ThermoFisher Sperling - Director 24,219,046 Products   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L (Form 990 or 990-EZ) 2013

Additional Data


Software ID:  
Software Version:  




SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
Partners HealthCare System Inc
 
Employer identification number

04-3230035
Return Reference Explanation
Form 990, Part III, Line 4a Statement of Program Service Accomplishments PARTNERS HEALTHCARE SYSTEM, INC., (PARTNERS) ESTABLISHED IN MARCH 1994, IS THE CORPORATION OVERSEEING THE AFFILIATION OF BRIGHAM AND WOMEN'S HEALTH CARE, THE MASSACHUSETTS GENERAL HOSPITAL, NSMC HEALTHCARE, INC., NEWTON-WELLESLEY HEALTH CARE SYSTEM, INC., PARTNERS CONTINUING CARE, INC. AND NEIGHBORHOOD HEALTH PLAN, INC. PARTNERS IS DEVELOPING AN INTEGRATED HEALTH CARE DELIVERY SYSTEM THROUGHOUT THE REGION THAT OFFERS PATIENTS A CONTINUUM OF COORDINATED, HIGH-QUALITY CARE. THE SYSTEM INCLUDES PRIMARY CARE PHYSICIANS AND SPECIALISTS, COMMUNITY HOSPITALS, THE TWO FOUNDING ACADEMIC MEDICAL CENTERS (MGH AND BWH) AND OTHER HEALTH-RELATED ENTITIES. PARTNERS IS CREATING A FRAMEWORK IN WHICH ALL ASPECTS OF THE HEALTH CARE DELIVERY SYSTEM ARE COORDINATED BETWEEN AND AMONG PROVIDERS AND FACILITIES. PARTNERS IMPROVES THE QUALITY OF HEALTH CARE AND FURTHER SERVES THE PUBLIC AT LARGE BY SUPPORTING ITS MEMBER ORGANIZATIONS SO THAT THEY MAY PURSUE THEIR TEACHING AND RESEARCH MISSIONS. THE MEMBER ORGANIZATIONS OF PARTNERS HAVE JOINED TOGETHER IN A COMMITMENT TO SERVE THE COMMUNITY. TOGETHER, THESE ORGANIZATIONS ARE DEDICATED TO ENHANCING PATIENT CARE, TEACHING AND RESEARCH, AND TO TAKING A LEADERSHIP ROLE AS AN INTEGRATED HEALTH CARE SYSTEM. Partners is committed to leading the way in designing integrated patient and family-centered care with the goals of enhancing the quality of patient care and slowing the increase in health care costs. Partners has launched a series of strategic initiatives to redesign care with an emphasis on improving quality and affordability. Multi-disciplinary teams from Partners and from Partners HealthCare hospitals were assembled to develop and implement strategies for change, focusing on the following key areas: Care Redesign: initiatives that seek improvement in patient quality and outcomes while reducing the cost to deliver those outcomes. Patient Affordability: initiatives to manage cost growth and reduce per unit costs in direct patient care and overhead. Additional and ongoing initiatives include the following: Promoting payment systems that support more integrated, patient-centered care. Providing population health management for the sickest patient groups. Delivering safety across the continuum of care. Redesigning primary care. Maximizing the use of new information technology. PLEASE VISIT HTTP://WWW.PARTNERS.ORG/ABOUT/PHILANTHROPY/COMMITMENT-TO-GIVING/DEFAULT.AS PX FOR MORE INFORMATION ABOUT SPECIFIC PARTNERS' PROGRAMS AND INITIATIVES.
Part VI, Section A, Line 1a Executive Committee The Executive Committee has all of the responsibilities and authority of the Directors during intervals between meetings of the Directors except for the powers specified in Section 55 of Massachusetts General Laws, Chapter 156B. The Committee consists of three to five Directors of the Corporation appointed annually by the Board of Directors.
Part VI, Section A, Line 1b Independent Voting Board Members Partners HealthCare System, Inc. seeks to have a Board that is composed of individuals with the requisite expertise and community representation so that it may effectively govern. During this reporting period, some members of the Board, who contribute important expertise and diverse perspective, may have been affiliated with an organization that was involved in a transaction reported on Schedule L. In some instances, these transactions involved essential products and services for which the vendor chosen was a leading national or regional source. Three such vendors are nationally-known suppliers of health-care and/or research-related products; another is a primary regional supplier of electricity. In addition, Two Board members sit on the Board of our jointly-owned captive liability insurance company. As described on this Schedule O, Partners HealthCare System, Inc. has a conflict of interest policy to address instances where Partners HealthCare System, Inc. may be involved, directly or indirectly, in a transaction with a member of the Board. This policy protects against undue influence by Board members and assists the Board in making decisions that are in the best interests of Partners HealthCare System, Inc.
Form 990, Part VI, Section A, Line 2 Business and Family Relationships Peter Markell & Richard Holbrook - Business Relationship G. Marshall Moriarty, Peter Markell & Edward Lawrence - Business Relationship Charles Gifford & Anne Finucane - Business Relationship
Form 990, Part VI, Section A, Lines 7a&b Decisions of Governing Body Subject to Member Approval Pursuant to the corporate bylaws of the organization, the authority for the following actions is reserved to the members of the organization: - Members shall determine the number of PHS Directors and shall elect PHS Directors. Members may, by a vote, increase the number of PHS directors. Members may decrease the number of PHS Directors, but only to eliminate vacancies existing by reason of the death, resignation or removal of one or more elected PHS Directors. - Members may remove a PHS Director with or without cause by vote. - Members may amend PHS bylaws in whole or in part or may repeal and adopt new bylaws. Members may adopt, amend or repeal any Bylaw, including any Bylaws adopted, amended or repealed by the Directors. Pursuant to the laws of Massachusetts, the authority for the following actions is reserved to the member of the organization: - Amend or restate the Articles of Organization - Consolidation or merger - Sale, lease, exchange or disposition of all or substantially all of the organizations property or assets.
Form 990, Part VI, Section B, Line 11b Form 990 Review The Form 990 was prepared and reviewed by the Partners HealthCare System, Inc. (PHS) Tax Department. Certain key sections were also reviewed by the PHS Executive Vice President of Administration and Finance, CFO and Treasurer; and by the PHS General Counsel. The Executive Vice President of Administration and Finance, CFO and Treasurer reviewed and signed the Form 990. The compensation disclosures were presented to and discussed with the PHS Compensation Committee at the May 5, 2015 meeting. The process for preparing and reviewing Form 990 was discussed at the May 13, 2015 meeting of the Audit Committee of the PHS Board of Directors. The final filing version of the Form 990 was provided to each voting Board member prior to filing.
Form 990, Part VI, Section B, Line 12c Conflict of Interest Policy For purposes of its annual tax filing, Partners HealthCare has an annual questionnaire process for obtaining information on interests that may give rise to conflicts from all officers, directors, trustees and key employees. In addition, in connection with Partners' Conflict of Interest Policy, the Partners Office for Interactions with Industry and Office of General Counsel work together to periodically distribute, collect and review disclosure statements from these individuals. The information on each such disclosure is reviewed by each individual's supervisor (who in the case of directors and trustees is deemed to consist of the Chairman of the Board and the entity's President/CEO, who review the disclosures with the assistance of the General Counsel or attorney representatives of his office). Partners has a Conflict of Interest Policy that applies to all entities in the system, and which is designed to: (1) identify relationships and conduct that create either conflicts of interest or conflicts of commitment; (2) establish a system for disclosing and resolving potential conflicts; and (3) ensure that transactions are negotiated at arm's length and that payments are at fair market value. Under our policy, when a conflict arises, the individual associated with the outside entity in question must provide full disclosure and completely recuse him/herself from any institutional decision-making about the transaction. In appropriate circumstances, (i) the Corporation must consider at least two alternative disinterested competitive proposals; or must determine that two such competitive proposals do not exist or that it would be impractical to elicit or consider such competitive proposals; and (ii) the Corporation must determine that, notwithstanding the apparent conflict, the transaction is fair and reasonable to the Corporation and is in the best interests of the Corporation. A written record must be made of these determinations. Furthermore, transactions that present particularly significant conflicts are reviewed by an independent committee of Partners, which review is also documented. Conflicts of commitment by the Partners President and CEO are addressed by requiring outside activities to be approved by the Partners Board Chair.
Form 990, Part VI, Line 15b Process for Determining Compensation The organization has a board level compensation committee that reviews and approves the compensation for all listed officers and key employees except the Secretary. The committee is comprised of members of the board who are not employed by the organization, and no member may participate in the review and approval of compensation if the member has a conflict of interest with respect to that compensation arrangement. The committee relies on data, provided by an independent compensation consultant, which includes comparable compensation for similarly qualified persons, in functionally comparable positions, at similarly situated organizations. The deliberations and decisions of the committee are documented in minutes of the meeting. This review process occurs on an annual basis.
Part VI, Section C, Line 19 Public Availability of Financial Statements and Governing Documents The Organization's governing documents are filed with the Massachusetts Secretary of State and the Financial Statements are filed with the Massachusetts Attorney General, all of which are open to public inspection. The Organization's conflict of interest policy is available on the Organization's website.
Part XI, Line 9 Other Changes in Net Assets or Fund Balances Other changes in net assets or fund balances relate to: -Change in funded status of defined benefit plans $(2,981,028) -Equity Investment Activity $4,978,823 -Change in fair value of hedging interest rate swaps $35,523,275 Total $37,521,070
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2013

Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.
MediumBullet Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
Partners HealthCare System Inc
 
Employer identification number

04-3230035
Part I
Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity
(1) Partners HealthCare International LLC
800 Boylston Street
Boston,MA02199
20-5281203 		Med Training MA 18,387,496 19,079,760 PHS
 
(2) PD Productions LLC
101 Merrimac Street 3rd Floor
Boston,MA02114
56-2383458 		Med Education MA 0 0 PHS
 
(3) Partners Private Care LLC
1101 Worcester Road
Framingham,MA01701
26-3871702 		Home Health MA 0 0 PHC
 
(4) GeneInsight LLC
101 Huntington Avenue
Boston,MA02199
46-1081053 		R & D MA 2,360,909 0 PHS
 




Part II
Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1) The Massachusetts General Hospital (MGH)

55 Fruit Street

Boston,MA02114
04-1564655 		Healthcare MA 501(c)(3) 7 PHS
 
Yes
 
(2) The General Hospital Coporation

55 Fruit Street

Boston,MA02114
04-2697983 		Healthcare MA 501(c)(3) 3 MGH
 
Yes
 
(3) Massachusetts General Physicians Org

55 Fruit Street

Boston,MA02114
04-2807148 		Healthcare MA 501(c)(3) 9 MGH
 
Yes
 
(4) The MGH Health Services Corporation

55 Fruit Street

Boston,MA02114
22-2717383 		Healthcare MA 501(c)(3) 11a MGH
 
Yes
 
(5) The MGH Institute of Health Professions

36 First Avenue

Charlestown,MA02129
04-2868893 		Med Education MA 501(c)(3) 2 MGH
 
Yes
 
(6) McLean HealthCare Inc (MHC)

115 Mill Street

Belmont,MA02478
20-4572876 		Admin Support MA 501(c)(3) 11a MGH
 
Yes
 
(7) The McLean Hospital Corporation

115 Mill Street

Belmont,MA02478
04-2697981 		Healthcare MA 501(c)(3) 3 MHC
 
Yes
 
(8) Martha's Vineyard Hospital Inc (MVH)

Linton Lane PO Box 1477

Oak Bluffs,MA02557
04-2104691 		Healthcare MA 501(c)(3) 3 MGH
 
Yes
 
(9) WNR Inc

1 Linton Lane

Oak Bluffs,MA02557
04-3419920 		Nursing Svcs. MA 501(c)(3) 9 MVH
 
Yes
 
(10) Nantucket Cottage Hospital (NCH)

57 Prospect Street

Nantucket,MA02554
04-2103823 		Healthcare MA 501(c)(3) 3 MGH
 
Yes
 
(11) Nantucket Cottage Hospital Foundation

57 Prospect Street

Nantucket,MA02554
04-3829745 		Admin Support MA 501(c)(3) 11a NCH
 
Yes
 
(12) Brigham and Women's Health Care (BWHC)

75 Francis Street

Boston,MA02115
04-2921338 		Admin Support MA 501(c)(3) 7 PHS
 
Yes
 
(13) The Brigham and Women's Hospital (BWH)

75 Francis Street

Boston,MA02115
04-2312909 		Healthcare MA 501(c)(3) 3 BWHC
 
Yes
 
(14) Biosciences Research Foundation Inc

75 Francis Street

Boston,MA02115
22-2483849 		Promote Res. MA 501(c)(3) 11a BWHC
 
Yes
 
(15) BWH Research Inc

75 Francis Street

Boston,MA02115
04-3011445 		Med Research MA 501(c)(3) 11a BWHC
 
Yes
 
(16) Brigham Community Practices Inc

75 Francis Street

Boston,MA02115
22-2588069 		Healthcare MA 501(c)(3) 9 BWHC
 
Yes
 
(17) Brigham and Women's Phys Org (BWPO)

75 Francis Street

Boston,MA02115
04-3466314 		Healthcare MA 501(c)(3) 9 BWHC
 
Yes
 
(18) BWH Anesthesia Res & Educ Foundation

75 Francis Street

Boston,MA02115
04-3492603 		Med Res & Edu MA 501(c)(3) 7 BWPO
 
Yes
 
(19) Brigham Medical Res & Edu Foundation

75 Francis Street

Boston,MA02115
04-3539249 		Med Res & Edu MA 501(c)(3) 11a BWPO
 
Yes
 
(20) Brigham & Women's Ob-Gyn Res & Edu

75 Francis Street

Boston,MA02115
04-3494863 		Med Res & Edu MA 501(c)(3) 7 BWPO
 
Yes
 
(21) Brigham Pathology Res & Edu Foundation

75 Francis Street

Boston,MA02115
04-3541111 		Med Res & Edu MA 501(c)(3) 11a BWPO
 
Yes
 
(22) Brigham Radiology Res & Edu Foundation

75 Francis Sreet

Boston,MA02115
04-3425905 		Med Res & Edu MA 501(c)(3) 11a BWPO
 
Yes
 
(23) Brigham and Women's Faulkner Hosp(BWFH)

1153 Centre Street

Boston,MA02130
04-2768256 		Healthcare MA 501(c)(3) 3 BWHC
 
Yes
 
(24) Village Manor Nursing Home Inc

1153 Centre Street

Boston,MA02130
04-2775265 		Nursing Home MA 501(c)(3) 3 BWFH
 
Yes
 
(25) Partners Continuing Care Inc (PCC)

Prudential Tower 800 Boylston Stre

Boston,MA02199
26-0003495 		Admin Support MA 501(c)(3) 11a PHS
 
Yes
 
(26) Spaulding Rehabilitation Hospital Corp

300 First Avenue

Charlestown,MA02129
04-2551124 		Healthcare MA 501(c)(3) 3 PCC
 
Yes
 
(27) Rehab Hospital of the Cape & Islands

311 Service Road

East Sandwich,MA02537
04-3071419 		Healthcare MA 501(c)(3) 3 PCC
 
Yes
 
(28) Shaughnessy-Kaplan Rehabilitation Hosp

Dove Avenue

Salem,MA01970
04-3067082 		Healthcare MA 501(c)(3) 3 PCC
 
Yes
 
(29) Partners Home Care Inc (PHC)

281 Winter Street

Waltham,MA02451
04-2918280 		Home Health MA 501(c)(3) 9 PCC
 
Yes
 
(30) Partners Hospice Inc

48 Woerd Avenue 102

Waltham,MA02453
04-2730504 		Home Health MA 501(c)(3) 7 PHC
 
Yes
 
(31) FRC Inc

101 Merrimac Street

Boston,MA02114
22-2632121 		Healthcare MA 501(c)(3) 3 PCC
 
Yes
 
(32) NSMC HealthCare Inc (NSHC)

81 Highland Avenue

Salem,MA01970
04-3294420 		Admin Support MA 501(c)(3) 11a PHS
 
Yes
 
(33) North Shore Medical Center Inc

81 Highland Avenue

Salem,MA01970
04-3399616 		Healthcare MA 501(c)(3) 3 NSHC
 
Yes
 
(34) North Shore Physicians Group Inc

81 Highland Avenue

Salem,MA01970
04-3080484 		Healthcare MA 501(c)(3) 11a NSHC
 
Yes
 
(35) Newton-Wellesley HealthCare System(NWHC)

2014 Washington Street

Newton,MA02462
20-4295282 		Admin Support MA 501(c)(3) 11a PHS
 
Yes
 
(36) Newton-Wellesley Hospital

2014 Washington Street

Newton,MA02462
04-2103611 		Healthcare MA 501(c)(3) 3 NWHC
 
Yes
 
(37) Newton-Wellesley Ambulatory Services

2014 Washington Street

Newton,MA02462
22-2560501 		Healthcare MA 501(c)(3) 11a NWHC
 
Yes
 
(38) Newton-Wellesley Hosp Charitable Found

2014 Washington Street

Newton,MA02462
04-3455952 		Fundraising MA 501(c)(3) 7 NWHC
 
Yes
 
(39) Newton-Wellesley Children's Corner Inc

2014 Washington Street

Newton,MA02462
04-2650246 		Child Care MA 501(c)(3) 9 NWHC
 
Yes
 
(40) Partners Medical International Inc

100 Cambridge Street

Boston,MA02114
04-3197711 		Med. Training MA 501(c)(3) 11a PHS
 
Yes
 
(41) The Friends of The Brigham & Women's Hos

75 Francis Street

Boston,MA02115
04-2239449 		Fundraising MA 501(c)(3) 11a BWHC
 
Yes
 
(42) Spaulding Hospital - Cambridge Inc

1575 Cambridge Street

Cambridge,MA02138
27-0273715 		Hospital MA 501(c)(3) 3 PCC
 
Yes
 
(43) Nantucket Physician Organization Inc

57 Prospect Street

Nantucket,MA02554
26-4349357 		Healthcare MA 501(c)(3) 9 MGH
 
Yes
 
(44) Neighborhood Health Plan Inc (NHP)

253 Summer Street

Boston,MA02210
04-2932021 		Insurance MA 501(c)(4) NONE PHS
 
Yes
 
(45) Community Medical Alliance Inc

253 Summer Street

Boston,MA02210
04-3454185 		Insurance MA 501(c)(3) 11a NHP
 
Yes
 
(46) Cooley Dickinson Hospital Inc

30 Locust Street

Northampton,MA01060
22-2617175 		Hospital MA 501(c)(3) 3 CDHCC
 
Yes
 
(47) VNA & Hospice of Cooley Dickinson Inc

168 Industrial Drive

Northampton,MA01060
04-2104788 		Home Health MA 501(c)(3) 9 CDHCC
 
Yes
 
(48) Cooley Dickinson Health Care Corp CDHCC

30 Locust Street

Northampton,MA01060
04-2103561 		Admin Support MA 501(c)(3) 11b MGH
 
Yes
 
(49) CD Practice Associates Inc

POBox 911

Northampton,MA01060
04-3194547 		Healthcare MA 501(c)(3) 9 CDHCC
 
Yes
 
(50) McLean Child Care Center Inc

115 Mill Street

Belmont,MA02478
04-2932850 		Child Care MA 501(c)(3) 11 MHC
 
Yes
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) PHS Bay Colony Fund

245 Park Avenue
NY,NY10167
13-3887448 		Investments DE PPIA
  		EXCLUDED -375,271 2,089,751   No -327,707   No 93.945 %
(2) WELLINGTON TRUST COMPANY NA CTF QUALITY

280 CONGRESS STREET
BOSTON,MA02210
04-6657593 		INVESTMENTS MA PPIA
  		EXCLUDED 385,952 64,610,183   No 0   No 86.455 %
(3) PARTNERS INNOVATION FUND LLC

101 HUNTINGTON AVENUE 4TH FLOOR
BOSTON,MA02199
26-2899986 		INVESTMENTS MA N/A
 EXCLUDED 0 21,720,834   No 0   No 100.000 %
(4) PARTNERS HEALTHCARE SYSTEM POOLED INVEST

101 MERRIMAC STREET
BOSTON,MA02114
04-3268842 		INVESTMENTS MA PHS
  		EXCLUDED 419,481,337 8,290,130,162   No 570,635 Yes   99.809 %






Part IV
Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) BSC Inc

75 Francis Street
Boston,MA02115
04-2987478 		Communication MA BWHC
  		C 0 0   Yes  
(2) Partners Community HealthCare Inc

800 Boylston Street
Boston,MA02199
04-3236175 		Healthcare MA PHS
  		C 142,111,866 115,396,258 100.000 % Yes  
(3) Newton-Wellesley Physician Hospital Org

2014 Washington Street
Newton,MA02462
04-3209749 		Healthcare MA NWHC
  		C 4,547,892 8,755,322 100.000 % Yes  
(4) GENEINSIGHT INC

101 hUNTINGTON aVE 4TH FLOOR C/O
BOSTON,MA02199
47-1764598 		SOFTWARE MA PHS
  		C CORP 0 3,203,980 80.100 % Yes  






Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 3
Part V
Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties or (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
Yes
 
b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
Yes
 
c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
Yes
 
d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
Yes
 
e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Dividends from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
Yes
 
k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1k
Yes
 
l Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .
1l
Yes
 
m Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .
1n
Yes
 
o Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
Yes
 
p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
 
No
q Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
Yes
 
r Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
 
No
s Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1s
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) The Massachusetts General Hospital

 1a(i) 28,319,133 FMV
(2) The General Hospital Corporation

 1a(i) 19,635,122 FMV
(3) Newton-Wellesley Hospital

 1a(i) 6,575,969 FMV
(4) The Brigham and Women's Hospital

 1a(i) 32,196,494 FMV
(5) The McLean Hospital Corporation

 1a(i) 922,056 FMV
(6) The Spaulding Rehabilitation Hospital Corp

 1a(i) 520,299 FMV
(7) Rehabilitation Hospital of the Cape & Islands

 1a(i) 380,559 FMV
(8) Brigham and Women's Faulkner Hospital Inc

 1a(i) 219,075 FMV
(9) North Shore Medical Center

 1a(i) 12,107,042 FMV
(10) FRC Inc

 1a(i) 170,758 FMV
(11) Partners Continuing Care

 1a(i) 23,238 FMV
(12) Shaughnessy-Kaplan Rehabilitation Hospital

 1a(i) 44,025 FMV
(13) The MGH Institute of Health Professions

 1a(i) 136,521 FMV
(14) Cooley Dickinson Hospital Inc

 1a(i) 2,183,781 FMV
(15) Partners Continuing Care

 1b 15,011,475 FMV
(16) The Spaulding Rehabilitation Hospital Corp

 1b 1,530,612 FMV
(17) Rehabilitation Hospital of the Cape & Islands

 1b 492,066 FMV
(18) Partners Home Care Inc

 1b 2,191,664 FMV
(19) Spaulding Hospital - Cambridge

 1b 1,102,413 FMV
(20) FRC Inc

 1b 822,571 FMV
(21) SHAUGHNESSY-KAPLAN REHABILITATION HOSPITAL

 1B 706,603 FMV
(22) NEIGHBORHOOD HEALTH PLAN

 1B 86,000,000 FMV
(23) Brigham and Women's Health Care Inc

 1c 44,310,537 FMV
(24) The Massachusetts General Hospital

 1c 53,982,545 FMV
(25) The Massachusetts General Hospital

 1c 11,234,705 FMV
(26) McLean HealthCare

 1c 2,985,477 FMV
(27) The Brigham and Women's Hospital

 1c 8,721,104 FMV
(28) NSMC HealthCare

 1c 8,369,860 FMV
(29) Newton-Wellesley Hospital

 1c 1,901,594 FMV
(30) Newton-Wellesley Health Care System

 1c 8,245,055 FMV
(31) Newton-Wellesley Hospital Charitable Found

 1c 135,952 FMV
(32) Partners Continuing Care

 1c 7,184,685 FMV
(33) MARTHA'S VINEYARD HOSPITAL

 1C 647,000 FMV
(34) NANTUCKET COTTAGE HOSPITAL

 1C 332,000 FMV
(35) NEIGHBORHOOD HEALTH PLAN

 1C 1,247,000 FMV
(36) The Brigham and Women's Hospital

 1d 194,300,000 FMV
(37) The McLean Hospital Corporation

 1d 4,500,000 FMV
(38) North Shore Medical Center

 1d 121,000,000 FMV
(39) MASSACHUSETTS GENERAL PHYSICIAN ORGANIZATION

 1d 100,000,000 FMV
(40) The Massachusetts General Hospital

 1k 939,400 FMV
(41) The Massachusetts General Hospital

 1l 7,206,559 FMV
(42) The General Hospital Corporation

 1l 176,818,509 FMV
(43) Massachusetts General Physicians Organization

 1l 8,671,207 FMV
(44) The Spaulding Rehabilitation Hospital Corp

 1l 8,828,037 FMV
(45) Partners Home Care

 1l 3,892,935 FMV
(46) FRC Inc

 1l 880,502 FMV
(47) Spaulding Hospital - Cambridge

 1l 2,491,390 FMV
(48) Rehabilitation Hospital of the Cape & Islands

 1l 1,682,783 FMV
(49) Partners Continuing Care

 1l 836,377 FMV
(50) Marthas Vineyard Hospital

 1l 432,505 FMV
(51) Nantucket Cottage Hospital

 1l 1,178,868 FMV
(52) The McLean Hospital Corporation

 1l 10,601,772 FMV
(53) The MGH Institute of Health Professions

 1l 860,330 FMV
(54) The Brigham and Women's Hospital

 1l 141,939,411 FMV
(55) Brigham and Women's Physicians Organization

 1l 4,352,818 FMV
(56) Brigham and Women's Faulkner Hospital Inc

 1l 8,935,101 FMV
(57) North Shore Medical Center

 1l 30,883,027 FMV
(58) Shaughnessy-Kaplan Rehabilitation Hospital

 1l 1,754,466 FMV
(59) Newton-Wellesley Hospital

 1l 20,909,902 FMV
(60) Partners Community HealthCare

 1l 5,685,830 FMV
(61) NEIGHBORHOOD HEALTH PLAN

 1L 201,900 FMV
(62) NEWTON WELLESLY HEALTHCARE

 1L 50,876 FMV
(63) NORTH SHORE PHYSICIANS GROUP

 1L 143,952 FMV
(64) BRIGHAM AND WOMEN'S HEALTHCARE INC

 1L 96,617 FMV
Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V?UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
Return Reference Explanation
Schedule R (Form 990) 2013
Additional Data


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