Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 07-01-2018 , and ending 06-30-2019
Name of foundation
HEALTHSPARK FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2506 N BROAD ST NO 206
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
COLMAR, PA18915
A Employer identification number

23-1352175
B Telephone number (see instructions)

(215) 716-5400
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$44,371,291J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 12,123
2 Check bullet.............
3 Interest on savings and temporary cash investments 56 63,243  
4 Dividends and interest from securities... 169,242 350,105  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 637,315
b Gross sales price for all assets on line 6a 21,692,277
7 Capital gain net income (from Part IV, line 2)... 1,019,551
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 353,366 338,005 353,366
12 Total. Add lines 1 through 11........ 1,172,102 1,770,904 353,366
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 200,317 0 0 215,766
14 Other employee salaries and wages...... 235,224 0 0 232,378
15 Pension plans, employee benefits....... 104,975 0 0 95,700
16a Legal fees (attach schedule)......... Click to see attachment 524,749 0 0 530,149
b Accounting fees (attach schedule)....... Click to see attachment 45,206 0 0 50,114
c Other professional fees (attach schedule).... Click to see attachment 318,331 15,000 0 324,941
17 Interest............... 116,912 126,012 126,012 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,307 6,910 0 0
19 Depreciation (attach schedule) and depletion... 202,813 125,176 125,176
20 Occupancy.............. 160,268 97,610 97,610 12,049
21 Travel, conferences, and meetings....... 49,853 0 0 49,220
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 82,405 40,957 0 75,424
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,045,360 411,665 348,798 1,585,741
25 Contributions, gifts, grants paid....... 480,210 430,210
26 Total expenses and disbursements. Add lines 24 and 25 2,525,570 411,665 348,798 2,015,951
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,353,468
b Net investment income (if negative, enter -0-) 1,359,239
c Adjusted net income (if negative, enter -0-)... 4,568
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 45,938 118,138 118,138
2 Savings and temporary cash investments......... 352,376 289,029 289,029
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 23,593 34,945 34,945
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 11,336,228 Click to see attachment3,808,901 3,808,901
c Investments—corporate bonds (attach schedule)....... 10,067,750 Click to see attachment4,134,140 4,134,140
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 16,084,948 Click to see attachment29,473,735 29,473,735
14 Land, buildings, and equipment: basis bullet8,536,723
Less: accumulated depreciation (attach schedule) bullet3,062,262 5,619,172 Click to see attachment5,474,461 5,474,461
15 Other assets (describe bullet) Click to see attachment1,022,122 Click to see attachment1,037,942 Click to see attachment1,037,942
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 44,552,127 44,371,291 44,371,291
Liabilities 17 Accounts payable and accrued expenses.......... 104,251 82,776
18 Grants payable.................   50,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 3,378,991 3,275,208
22 Other liabilities (describe bullet) Click to see attachment829,077 Click to see attachment841,424
23 Total liabilities (add lines 17 through 22)......... 4,312,319 4,249,408
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 38,953,511 38,819,766
25 Temporarily restricted............... 817,412 835,379
26 Permanently restricted............... 468,885 466,738
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 40,239,808 40,121,883
31 Total liabilities and net assets/fund balances (see instructions). 44,552,127 44,371,291
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
40,239,808
2
Enter amount from Part I, line 27a .....................
2
-1,353,468
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,300,563
4
Add lines 1, 2, and 3 ..........................
4
40,186,903
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
65,020
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
40,121,883
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b PARTNERSHIP INVESTMENTS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 21,692,277   21,054,962 637,315
b     382,236 382,236
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       637,315
b       382,236
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,019,551
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 1,585,855 38,618,433 0.041065
2016 2,032,789 36,511,467 0.055675
2015 1,957,366 36,323,929 0.053886
2014 1,574,328 38,691,582 0.040689
2013 1,580,839 39,139,131 0.040390
2
Total of line 1, column (d) .....................
2
0.231705
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.046341
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
36,991,037
5
Multiply line 4 by line 3......................
5
1,714,202
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
13,592
7
Add lines 5 and 6........................
7
1,727,794
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,074,053
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 13,592
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 13,592
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 13,592
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 28,350
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 38,350
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 24,758
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet24,758 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.HEALTHSPARK.ORG
    14
    The books are in care ofbulletRUSSELL JOHNSON PRESIDENT CEO Telephone no.bullet (215) 716-5400

    Located atbullet2506 N BROAD STREET SUITE 206COLMARPA ZIP+4bullet18915
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    RUSSELL JOHNSON PRESIDENT/CEO/MANAGER
    37.50     		200,317 9,244 4,800
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    GEORGE MARKS CHAIRPERSON/DIRECTOR
    2.00     		0 0 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    CHINWE ONYEKERE VICE CHAIRPERSON/DIRECTOR
    1.00     		0 0 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    WARREN HILTON SECRETARY/DIRECTOR
    2.00     		0 0 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    NICHOLAS BUCCI TREASURER/DIRECTOR
    1.00     		0 0 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    KEN AMEY EX-OFFICIO CHAIR/MANAGER
    1.00     		0 0 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    ALFREDO DE LA PENA DIRECTOR/MANAGER
    1.00     		0 0 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    RUSSEL HENSEL DIRECTOR
    1.00     		0 0 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    JOEL JOHNSON DIRECTOR
    1.00     		0 0 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    JOHN KEPNER DIRECTOR
    1.00     		0 0 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    COURTNEY MCCORMICK DIRECTOR
    1.00     		0 0 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    BRIAN O'LEARY DIRECTOR
    1.00     		0 0 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    PAUL POCALYKO DIRECTOR
    1.00     		0 0 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    DAVID SHERMAN DIRECTOR
    1.00     		0 0 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    MARIA MACALUSO MANAGER
    1.00     		0 0 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    MALCOLM MUSGROVE MANAGER
    1.00     		0 0 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    TAMELA LUCE SENIOR PROGRAM OFFIC
    37.50     		98,610 5,869 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    JENNIFER PEDRONI VP ADMINISTRATION
    37.50     		55,923 4,326 0
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    LAMB MCERLANE PC LEGAL 383,352
    24 EAST MARKET STREET BOX 565
    WEST CHESTER,PA19381
    MEKETA INVESTMENT GROUP INVESTMENT MANAGER 127,792
    100 LOWDERBROOK DRIVE SUITE 1100
    WESTWOOD,MA02090
    LAURA SOLOMON AND ASSOCIATES LEGAL 86,772
    121 SIBLEY AVENUE
    ARDMORE,PA19003
    CAPACITY FOR CHANGE LLC PROGRAM DEVELOPMENT 71,497
    911 GENERAL WAYNE DRIVE
    WEST CHESTER,PA19382
    EQUAL MEASURE PROGRAM DEVELOPMENT 70,500
    520 WALNUT STREET SUITE 1450
    PHILADELPHIA,PA19102
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 COMMUNITY PARTNERS CENTER: THROUGH THE SUBSIDIARY 2506 LLC, THE FOUNDATION OPERATES AND IS LOCATED IN A NONPROFIT CENTER, COMMUNITY PARTNERS CENTER (WWW.COMMUNITYPARTNERSCENTER.ORG). A BOARD OF MANAGERS GOVERNS 2506 LLC, APPOINTED BY THE FOUNDATION, COMPRISED OF 5 INDIVIDUALS (3 TENANT REPRESENTATIVES). 2506 LLC OWNS AN ADJACENT RESIDENTIAL UNIT, MASTER LEASED TO A NONPROFIT TO SUBLET IN ACCORDANCE WITH A MORTGAGE AGREEMENT BETWEEN 2506 LLC AND THE MONTCO DEPT. OF HOUSING & COMMUNITY DEVELOPMENT. THE CENTER OFFERS NONPROFITS FREE USE OF MEETING ROOMS AND IN FYE JUNE 30, 2019, 24 NONPROFIT ORGANIZATIONS HELD APPROX. 686 MEETINGS ATTENDED BY 11,167 PEOPLE. NONPROFITS RECOGNIZE THIS VALUE: USAGE HAS INCREASED EACH YEAR SINCE THE BUILDING OPENED. THESE NONPROFITS SAVED $257,250 - $511,070 DEPENDING UPON THE USE OF VARIOUS TECHNOLOGIES AND SUPPORT SERVICES. 163,176
    2 MONTGOMERY COUNTY SAFETY NET RESILIENCE INITIATIVE: HEALTHSPARK LAUNCHED THIS 10-YEAR, COMMUNITY-DRIVEN AND COLLABORATIVE INITIATIVE TO IMPROVE THE FINANCIAL RESILIENCY OF MONTGOMERY COUNTY'S HEALTH & HUMAN SERVICES SAFETY NET SYSTEM. KEY STRATEGIES INCLUDE GRANTMAKING, RESEARCH, SYSTEM LEADERSHIP CAPACITY BUILDING, COMMUNICATIONS, REFLECTIVE LEARNING SESSIONS, AND ADVOCACY. POLICYMAKERS, SAFETY NET SYSTEM NONPROFIT LEADERS, BUSINESS REPRESENTATIVES, CONSUMERS AND ADJACENT SECTOR LEADERS ARE INVITED TO COMMUNITY OF PRACTICE MEETINGS WHERE THE FOUNDATION UPDATES THE BROADER COMMUNITY ON THE INITIATIVE'S PROGRESS AND GATHERS FEEDBACK AND RECOMMENDATIONS FOR FUTURE CONSIDERATION. 205,524
    3 YOUR WAY HOME MONTGOMERY COUNTY: SINCE 2008 HEALTHSPARK HAS PARTNERED WITH MONTGOMERY COUNTY DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT, NONPROFIT AGENCIES, LANDLORDS AND OTHER FUNDERS TO CREATE A PUBLIC/PRIVATE PARTNERSHIP: YOUR WAY HOME (YWH) (WWW.YOURWAYHOME.ORG). YWH GOALS INCLUDE ESTABLISHING A COORDINATED ENTRY SYSTEM AND CONSISTENTLY USING EVIDENCE-BASED TOOLS TO MAKE HOMELESSNESS BRIEF, RARE AND NON-RECURRING. THE FOUNDATION'S PRESIDENT/CEO SERVES ON THE YWH ADVISORY COUNCIL. HEALTHSPARK PROVIDED FINANCIAL SUPPORT TO CONDUCT A RACIAL EQUITY AUDIT OR THE YWH INITIATIVE AND TO NATIONALLY RESEARCH BEST, PROMISING AND/OR JUST PRACTICES IN ADVANCING EQUITABLE PROGRAMS/SERVICES ALIGNED WITH ENDING HOMELESSNESS IN MONTGOMERY COUNTY FOR ALL ITS RESIDENTS. 57,829
    4 FOOD SECURITY & NUTRITION INITIATIVE: SINCE 2013, HEALTHSPARK HAS USED TOP-DOWN & BOTTOM UP STRATEGIES TO IMPROVE THE EMERGENCY FOOD SYSTEM & INCREASE FOOD SECURITY FOR MONTGOMERY COUNTY RESIDENTS. HEALTHSPARK ENDED DISCRETE FUNDING FOR THIS INITIATIVE BUT CONTINUES TO SUPPORT SOME OF ITS WORK THROUGH THE SAFETY NET RESILIENCY INITIATIVE. 5,175
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    36,120,396
    b
    Average of monthly cash balances.......................
    1b
    396,014
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,037,942
    d
    Total (add lines 1a, b, and c).........................
    1d
    37,554,352
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    37,554,352
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    563,315
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    36,991,037
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,849,552
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,849,552
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    13,592
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,592
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,835,960
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,835,960
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,835,960
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    2,015,951
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    58,102
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,074,053
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    13,592
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,060,461
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,835,960
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016...... 23,392
    e From 2017......  
    fTotal of lines 3a through e........ 23,392
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,074,053
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 1,835,960
    e Remaining amount distributed out of corpus 238,093
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 261,485
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		261,485
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016.... 23,392
    d Excess from 2017....  
    e Excess from 2018.... 238,093
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    RUSSELL JOHNSON
    2506 N BROAD STREET SUITE 206
    COLMAR,PA18915
    (215) 716-5400
    bThe form in which applications should be submitted and information and materials they should include:
    THE FOUNDATIONS'S CURRENT GRANTMAKING PROCESS IS MULTI-FACETED. SOMETIMES WE INVITE SPECIFIC ORGANIZATIONS TO APPLY FOR A PARTICULAR GRANT OPPORTUNITY. AT OTHER TIMES WE ISSUE REQUESTS FOR PROPOSALS AND ALLOW ORGANIZATIONS TO RESPOND WITH THEIR IDEAS. STILL OTHER TIMES WE CREATE GRANT PROGRAMS OR INITIATIVES TARGETING A DEFINED CHALLENGE OR COMMUNITY NEED AND ALLOW ANY INTERESTED ORGANIZATION WORKING WITHIN THE COUNTY TO APPLY. VISIT THE FOUNDATION'S WEBSITE WWW.HEALTHSPARK.ORG FOR CURRENT GRANT OPPORTUNITIES.
    cAny submission deadlines:
    PROPOSAL SUBMISSION DEADLINES ARE POSTED ON THE FOUNDATION'S WEBSITE WWW.HEALTHSPARK.ORG.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    TO BE ELIGIBLE FOR GRANT SUPPORT, AN ORGANIZATION MUST PROVIDE A SERVICE OR PROGRAM THAT BENEFITS THE RESIDENTS OF ONE OR MORE OF MONTGOMERY COUNTY PENNSYLVANIA COMMUNITIES. ORGANIZATION DO NOT NEED TO BE PHYSICALLY LOCATED IN THE COUNTY IN ORDER TO BE ELIGIBLE TO RECEIVE GRANT SUPPORT. GUIDELINES AND ADDITIONAL RESTRICTIONS CAN BE FOUND ON THE FOUNDATION'S WEBSITE WWW.HEALTHSPARK.ORG.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ACLAMO FAMILY CENTERS
    512 WEST MARSHALL STREET
    NORRISTOWN,PA19401     		  PC TO DEVELOP AND PILOT A COMMUNITY HEALTH WORKER PROGRAM IN NORRISTOWN TO REDUCE HEALTH DISPARITIES AND IMPROVE LONG-TERM HEALTH OUTCOMES FOR LOW-INCOME, AT-RISK LATINO POPULATIONS. 6,200
    ACLAMO FAMILY CENTERS
    512 WEST MARSHALL STREET
    NORRISTOWN,PA19401     		  PC TO DEVELOP AND PILOT A COMMUNITY HEALTH WORKER PROGRAM IN NORRISTOWN TO REDUCE HEALTH DISPARITIES AND IMPROVE LONG-TERM HEALTH OUTCOMES FOR LOW-INCOME, AT-RISK LATINO POPULATIONS. 8,800
    BUCKS-MONT COLLABORATIVE
    P O BOX 66
    HARLEYSVILLE,PA19438     		  PC IN SUPPORT OF EARLY STAGE TRAUMA WORK 1,000
    BUCKS-MONT COLLABORATIVE
    P O BOX 66
    HARLEYSVILLE,PA19438     		  PC HONORARIUM 500
    CATHOLIC SOCIAL SERVICES
    353 E JOHNSON HIGHWAY
    NORRISTOWN,PA194012020     		  PC PEOPLE POWER IS A THREE-PHASE APPROACH TOWARDS INTEGRATING & FURTHERING THE PERSPECTIVES OF THE COMMUNITIES WE SERVE, INTO COLLABORATIVE PROBLEM-SOLVING SOLUTIONS. 30,000
    CENTER FOR POSITIVE AGING LOWER MERION
    117 ARDMORE AVE
    ARDMORE,PA19003     		  PC THIS PROJECT IS TO MOVE NONPROFITS WHO HAVE ANY RELATION TO OLDER PEOPLE, GOVERNMENT (COUNTY & LOWER MERION), BUSINESSES, POLITICAL AFFILIATIONS AND ELDERS IN THE COMMUNITY FROM FRAGMENTATION TO COLLECTIVE ACTIONS ON SHARED VIEW OF THE FUTURE AND GOALS. 15,000
    GWYNEDD-MERCY UNIVERSITY
    PO BOX 901
    GWYNEDD VALLEY,PA194370901     		  PC MATCHING GIFT 160
    GWYNEDD-MERCY UNIVERSITY
    PO BOX 901
    GWYNEDD VALLEY,PA194370901     		  PC MATCHING GIFT 500
    HEALTH CARE IMPROVEMENT FDN INC THE
    TEN PENN CENTER
    PHILADELPHIA,PA19103     		  PC FUNDING FOR A LEARNING COLLABORATIVE TO SUPPORT MONTGOMERY COUNTY-BASED PRIMARY CARE PRACTICES IN INTEGRATING BEHAVIORAL HEALTH SERVICES. 10,000
    INTER-FAITH HOUSING ALLIANCE
    31 SOUTH SPRING GARDEN STREET
    AMBLER,PA19002     		  PC THE PRIMARY PURPOSE OF THIS RESEARCH PROJECT IS TO DEVELOP RECOMMENDATIONS REGARDING THE DESIGN AND IMPLEMENTATION OF A SHARED HOUSING PROGRAM THAT ARE GROUNDED IN BEST PRACTICES OF EXISTING SIMILAR PROGRAMS. 15,000
    INTER-FAITH HOUSING ALLIANCE
    31 SOUTH SPRING GARDEN STREET
    AMBLER,PA19002     		  PC SERVICES 500
    INTER-FAITH HOUSING ALLIANCE
    31 SOUTH SPRING GARDEN STREET
    AMBLER,PA19002     		  PC HONORARIUM 3,000
    MISSION FIRST HOUSING GROUP
    2042-48 ARCH ST 2ND FLOOR
    PHILADELPHIA,PA19103     		  PC MATCHING GIFT 500
    MONTGOMERY COUNTY FOUNDATION INC
    4 SENTRY PARKWAY SUITE 302
    BLUE BELL,PA19422     		  PC THE YOUR WAY HOME LGBTQ COMMUNITY ENGAGEMENT PROJECT WILL ADVANCE EQUITABLE ACCESS TO HOUSING AND HOMELESS SERVICES FOR LESBIAN, GAY, BISEXUAL, TRANSGENDER AND QUESTIONING/QUEER YOUTH, ADULTS AND SENIORS IN MONTGOMERY COUNTY BY ENGAGING BOTH LGBTQ COMMUNITY LEADERS AND INDIVIDUALS WITH LIVED EXPERIENCE IN A COMPREHENSIVE REVIEW OF YOUR WAY HOME POLICIES, PROGRAMS, DATA, COMMUNICATIONS AND LEADERSHIP STRUCTURES TO IDENTIFY OPPORTUNITIES TO MAKE THEM MORE CULTURALLY RELEVANT AND INCLUSIVE. 10,150
    MONTGOMERY COUNTY FOUNDATION INC
    4 SENTRY PARKWAY SUITE 302
    BLUE BELL,PA19422     		  PC HONORARIUM 1,500
    MONTGOMERY COUNTY FOUNDATION INC
    4 SENTRY PARKWAY SUITE 302
    BLUE BELL,PA19422     		  PC SPONSORSHIP FOR YOUR WAY HOME COMMUNITY OF PRACTICE. 4,000
    MONTGOMERY COUNTY OPPORTUNITIES INDUSTRIA
    1101 ARCH STREET
    NORRISTOWN,PA19401     		  PC THE COMBINING ORGANIZATIONS RESOURCES TO ENHANCE STABILITY (CORES) GROUP WILL WORK TOGETHER TO OPERATE A "ONE-STOP" SHOP WHERE INDIVIDUALS WHO HAVE RECENTLY RE-ENTERED THE COMMUNITY CAN RECEIVE COOPERATIVE AND COLLABORATIVE SAFETY NET SERVICES. 50,000
    PENNSYLVANIA ASSISTIVE TECHNOLOGY FDN
    1ST FLOOR
    KING OF PRUSSIA,PA19406     		  PC PATF AND PHLP WILL EXPAND CAPACITY BY CREATING A TOOLKIT THAT CAN BE USED BY EXISTING AND NEW PROGRAMS. MATERIALS WILL INCLUDE INFORMATION ABOUT ACCESSIBILITY, SERVICES AND SUPPORTS FOR PWD FROM WAIVERS AND CONTACT INFORMATION FOR ORGANIZATIONS THAT CAN PROVIDE FURTHER ASSISTANCE. 18,000
    PENNSYLVANIA HEALTH ACCESS NETWORK
    1501 CHERRY STREET
    PHILADELPHIA,PA19102     		  PC PHAN WILL HELP BUILD THE INFRASTRUCTURE FOR A MONTGOMERY COUNTY SAFETY NET COALITION USING FUNDS TO DEDICATE A FULL-TIME STAFF MEMBER TO DEVELOP A SET OF POLICY PRIORITIES AND GOALS TO PROTECT AND STRENGTHEN THE SAFETY NET. 25,000
    PENNSYLVANIA HEALTH ACCESS NETWORK
    1501 CHERRY STREET
    PHILADELPHIA,PA19102     		  PC PHAN IN PARTNERSHIP WITH PA VOICE AND KEYSTONE COUNTS COALITION, WILL WORK WITH COMMUNITY-BASED NONPROFITS AND SERVICE PROVIDERS TO ENGAGE THEM IN WORK AROUND THE CENSUS. 25,000
    PHILABUNDANCE
    3616 SOUTH GALLOWAY STREET
    PHILADELPHIA,PA19148     		  PC TO CREATE A MODEL TO END HUNGER FOREVER AND STRENGTHEN THE SAFETY NET FOR OUR CONSUMERS, PHILABUNDANCE WILL PARTNER WITH HABITAT FOR HUMANITY OF MONTGOMERY AND DELAWARE COUNTIES AND POTTSTOWN CLUSTER OF RELIGIOUS COMMUNITIES TO ASSIST 12 FAMILIES WITH CHILDREN WHO ARE FOOD INSECURE TO IMPROVE THEIR CIRCUMSTANCES AND NO LONGER REQUIRE SUPPLEMENTAL FOOD RELIEF. 50,000
    PHILADELPHIA FOUNDATION THE
    1835 MARKET STREET
    PHILADELPHIA,PA19103     		  PC PRIMARY FOCUS IS TO CONTINUE TO PROVIDE GRANT SUPPORT TO NONPROFITS LOOKING TO EXPLORE OR ENTER STRATEGIC ALLIANCES INCLUDING THE DEVELOPMENT OF TECHNICAL ASSISTANCE, UNIFORM DATA EVALUATION AND REPORTING FRAMEWORKS, AND COMMUNICATION AND FUNDRAISING STRATEGIES. 15,000
    PHILANTHROPY NETWORK GREATER PHILADELPHIA
    230 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PLAN TO ACKNOWLEDGE THE CHALLENGES, INSPIRE CHANGE, SHARE PRACTICAL STRATEGIES, AND NURTURE SKILLS TO SUPPORT THE CHANGES THAT ARE ESSENTIAL FOR A THRIVING PHILANTHROPIC COMMUNITY AND SOCIAL SECTOR IN OUR REGION. 10,000
    POTTSTOWN CLUSTER OF RELIGIOUS COMM
    57 N FRANKLIN STREET
    POTTSTOWN,PA19464     		  PC CREATE AN OPPORTUNITY FOR COMMUNITY MEMBERS RELYING ON THE SAFETY NET TO BECOME MORE ENGAGED IN THE PROGRAMS AND DECISIONS OF ORGANIZATIONS SUPPORTING THE SAFETY NET. 35,500
    SHARE FOOD PROGRAM INC
    2901 W HUNTING PARK AVE
    PHILADELPHIA,PA19129     		  PC FOOD NEEDS OF LOW INCOME FAMILIES & SENIORS ARE MET BY ONLINE PANTRY NETWORK PROVIDING DELIVERED FOOD TO ENSURE BARRIER FREE ACCESS. FAMILIES/INDIVIDUALS TRANSITIONING FROM HOMELESSNESS/CRIMINAL JUSTICE SYSTEM GIVEN STARTER FOOD AND EQUIPMENT TO PREPARE MEALS & ARE CONNECTED TO LOCAL PANTRY. 50,000
    SHARE FOOD PROGRAM INC
    2901 W HUNTING PARK AVE
    PHILADELPHIA,PA19129     		  PC HONORARIUM 1,500
    SUSTAINABLE AGRICUL & FOOD SYS FUNDERS
    601 E ARRELLAGA ST SUITE 101
    SANTA BARBARA,CA93103     		  PC SPONSORSHIP. 1,000
    TRICOUNTY COMMUNITY NETWORK
    2151 EAST HIGH STREET SUITE C
    POTTSTOWN,PA19464     		  PC DESIGN A PROOF OF CONCEPT PILOT THAT FLIPS THE PREDOMINANT LEARN AND EARN WORKFORCE MODEL TO AN EARN TO LEARN MODEL WITH THE POTENTIAL TO INCREASE LONG-TERM JOB RETENTION, INCREASE PLACEMENT IN LIVING WAGE JOBS WITH GROWTH POTENTIAL, TO INCREASE SELF-SUFFICIENCY, WHICH IN TURN MOVES PEOPLE OUT OF POVERTY AND REDUCES RELIANCE ON THE SERVICES OF THE SAFETY NET. 42,400
    Total .................................bullet 3a 430,210
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 56  
    4 Dividends and interest from securities....     14 169,242  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 637,315  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRENTAL INCOME     		        352,803
    bK-1 PARTNERSHIP     18 -14,798  
    cOTHER INCOME     01 563  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 792,378 352,803
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,145,181
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    11A RENTAL INCOME FROM NON-PROFIT CENTER WHICH HOUSES THE FOUNDATION AND FIVE UNRELATED HEALTH & HUMAN SERVICE AGENCIES SERVING MONTGOMERY COUNTY.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    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 taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    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 Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    HEALTHSPARK FOUNDATION
     
    Employer identification number

    23-1352175
    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 isn't covered by the General Rule and/or the Special Rules doesn't 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 doesn't 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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    HEALTHSPARK FOUNDATION
          		Employer identification number
    23-1352175
    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
    1
    MARY SPIERS TRUST CO WELLS FARGO WEALTH MGT
     
    ONE WST FOURTH ST D4000-0062
     
    WINSTONSALEM, NC27101

    		$ 8,800


    (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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    HEALTHSPARK FOUNDATION
          		Employer identification number

    23-1352175
    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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    HEALTHSPARK FOUNDATION
          		Employer identification number

    23-1352175
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. 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) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    HEALTHSPARK FOUNDATION
    EIN:
    23-1352175
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING/AUDIT EXPENSE 45,206 0 0 50,114

    TY 2018 GeneralExplanationAttachment
    Name:
    HEALTHSPARK FOUNDATION
    EIN:
    23-1352175
    Identifier Return Reference Explanation
    LIST OF OFFICERS, DIRECTORS, TRUSTEES, AND FOUNDATION MANAGERS FORM 990PF, PART VIII THE INDIVIDUALS NOTED AS FOUNDATION MANAGERS IN THE ATTACHED FORM 990-PF, PART VIII ALSO SERVE ON THE BOARD OF MANAGERS, THE GOVERNING BODY OF 2506, LLC.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    HEALTHSPARK FOUNDATION
    EIN:
    23-1352175
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN CENTURY HIGH INCOME FUND 2,066,285 2,066,285
    PAYDEN EMERGING MARKET BOND INS 800,284 800,284
    VANGUARD SHORT TERM INFLATION 1,267,571 1,267,571

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    HEALTHSPARK FOUNDATION
    EIN:
    23-1352175
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VANGUARD BALANCED INDEX FUND 308,559 308,559
    ARTISAN GLOBAL VALUE INSTITUTIONAL 2,381,920 2,381,920
    FIRST EAGLE GOLD FUND I 1,118,422 1,118,422

    TY 2018 InvestmentsOtherSchedule2
    Name:
    HEALTHSPARK FOUNDATION
    EIN:
    23-1352175
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NORTH PENN HOSPITAL DEFERRED COMPENSATION PLAN FMV 497,804 497,804
    SSGA LARGE MID-CAP NATIONAL RESOURCE FMV 1,997,319 1,997,319
    SSGA US AGGREGATE BOND INDEX FMV 6,106,546 6,106,546
    SSGA REIT INDEX COMMON TRUST FMV 1,231,023 1,231,023
    SSGA US TIPS INDEX FMV 663,547 663,547
    SSGA RUSSELL 3000 INDEX FMV 3,912,657 3,912,657
    SSGA MSCI EAFE NI FMV 1,928,036 1,928,036
    DISCOVERY SPECIAL OPPORTUNITIES II FMV 432,727 432,727
    BEACH POINT LOAN FMV 44,217 44,217
    WCM GLOBAL GROWTH FUND FMV 2,844,880 2,844,880
    KOPERNIK ALL-CAP FUND, LTD FMV 1,192,291 1,192,291
    GQG PARTNERS GLOBAL EQUITY FUND FMV 2,607,377 2,607,377
    SYSTEMATIC TRADING FUND FMV 1,474,338 1,474,338
    KOHINOOR SERIES (CAYMAN) FUND FMV 1,312,121 1,312,121
    SSGA US SHORT TERM FMV 830,619 830,619
    FIRST EAGLE GLOBAL VALUE FUND FMV 2,398,233 2,398,233

    TY 2018 LandEtcSchedule2
    Name:
    HEALTHSPARK FOUNDATION
    EIN:
    23-1352175
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 1,906,479 0 1,906,479 1,906,479
    LAND IMPROVEMENTS 708,599 433,498 275,101 275,101
    BUILDING 4,498,957 1,310,702 3,188,255 3,188,255
    LEASEHOLD IMPROVEMENTS 919,181 913,066 6,115 6,115
    FURNITURE, FIXTURES AND EQUIPMENT 503,507 404,996 98,511 98,511


    TY 2018 LegalFeesSchedule
    Name:
    HEALTHSPARK FOUNDATION
    EIN:
    23-1352175
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL EXPENSES 524,749 0 0 530,149


    TY 2018 OtherAssetsSchedule
    Name:
    HEALTHSPARK FOUNDATION
    EIN:
    23-1352175
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    BENEFICIAL INTEREST IN PERPETUAL TRUSTS 204,710 202,563 202,563
    BENEFICIAL INTEREST IN REMAINDER TRUSTS 817,412 835,379 835,379


    TY 2018 OtherDecreasesSchedule
    Name:
    HEALTHSPARK FOUNDATION
    EIN:
    23-1352175
    Description Amount
    CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUST 2,147
    CHANGE IN VALUE OF INTEREST RATE SWAP 62,873


    TY 2018 OtherExpensesSchedule
    Name:
    HEALTHSPARK FOUNDATION
    EIN:
    23-1352175
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE SUPPLIES & COMPUTER MAINTENANCE 18,705 0 0 6,640
    TELEPHONE & CABLE (COMMUNICATIONS) 18,423 0 0 30,540
    INSURANCE 20,354 0 0 20,353
    DUES & SUBSCRIPTIONS 15,293 0 0 15,718
    MISCELLANEOUS 9,630 0 0 2,173
    PARTNERSHIP EXPENSES 0 40,957 0 0


    TY 2018 OtherIncomeSchedule2
    Name:
    HEALTHSPARK FOUNDATION
    EIN:
    23-1352175
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    RENTAL INCOME 352,803 352,803 352,803
    K-1 PARTNERSHIP 0 -14,798 0
    OTHER INCOME 563   563


    TY 2018 OtherIncreasesSchedule
    Name:
    HEALTHSPARK FOUNDATION
    EIN:
    23-1352175
    Description Amount
    UNREALIZED GAIN/LOSS ON SECURITIES 1,282,596
    CHANGE IN BENEFICIAL INTEREST IN REMAINDER TRUST 17,967


    TY 2018 OtherLiabilitiesSchedule
    Name:
    HEALTHSPARK FOUNDATION
    EIN:
    23-1352175
    Description Beginning of Year - Book Value End of Year - Book Value
    LIABILITIES IN RELATION TO NORTH PENN HOSPITAL 541,877 497,804
    INTEREST RATE SWAP 247,100 309,973
    TENANT SECURITY DEPOSITS 15,481 14,731
    DEFERRED TAX LIABILITY 24,619 18,916


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    HEALTHSPARK FOUNDATION
    EIN:
    23-1352175
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROGRAMMATIC/BOARD/OTHER CONSULTING 318,331 15,000 0 324,941


    TY 2018 TaxesSchedule
    Name:
    HEALTHSPARK FOUNDATION
    EIN:
    23-1352175
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX CREDIT 4,307 0 0 0
    FOREIGN TAXES PAID 0 6,910 0 0