Form990-PF
Click to see list of attachments

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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
Salem Health and Wellness Foundation Inc
co Brenda L Goins Ex Director
Number and street (or P.O. box number if mail is not delivered to street address)91 S Virginia Ave
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Penns Grove, NJ08069
A Employer identification number

01-0625542
B Telephone number (see instructions)

(856) 299-4460
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$57,497,806J 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) 543,826
2 Check bullet.............
3 Interest on savings and temporary cash investments 19 19  
4 Dividends and interest from securities... 483,127 483,127  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 273,451
b Gross sales price for all assets on line 6a 13,421,077
7 Capital gain net income (from Part IV, line 2)... 273,451
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 840,380 840,380  
12 Total. Add lines 1 through 11........ 2,140,803 1,596,977  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 135,744 6,787   132,950
14 Other employee salaries and wages...... 67,812 3,391   66,446
15 Pension plans, employee benefits....... 39,496 1,975   34,021
16a Legal fees (attach schedule)......... Click to see attachment 138,822 2,657   168,782
b Accounting fees (attach schedule)....... Click to see attachment 26,100 10,750   15,350
c Other professional fees (attach schedule).... Click to see attachment 180,410 135,410   45,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 30,413 10,313   62,174
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,401    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,096     1,096
22 Printing and publications.......... 364     263
23 Other expenses (attach schedule)....... Click to see list of attachments 60,251     58,685
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 682,909 171,283   584,767
25 Contributions, gifts, grants paid....... 4,921,780 4,921,780
26 Total expenses and disbursements. Add lines 24 and 25 5,604,689 171,283   5,506,547
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,463,886
b Net investment income (if negative, enter -0-) 1,425,694
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 438,713 159,912 159,912
2 Savings and temporary cash investments......... 4,053,865 40,031 40,031
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.......... 34,485 38,781 38,781
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 21,812,500 Click to see attachment15,719,456 15,719,456
c Investments—corporate bonds (attach schedule)....... 5,030,077 Click to see attachment3,386,437 3,386,437
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,195,292 Click to see attachment1,316,744 1,316,744
14 Land, buildings, and equipment: basis bullet87,024
Less: accumulated depreciation (attach schedule) bullet76,237 11,588 Click to see attachment10,787 8,500
15 Other assets (describe bullet) Click to see attachment25,798,555 Click to see attachment36,827,945 Click to see attachment36,827,945
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 59,375,075 57,500,093 57,497,806
Liabilities 17 Accounts payable and accrued expenses.......... 59,864 47,591
18 Grants payable.................   10,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 59,864 57,591
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 39,489,534 19,825,677
25 Net assets with donor restrictions............   12,200,055
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 59,315,211 57,442,502
30 Total liabilities and net assets/fund balances (see instructions). 59,375,075 57,500,093
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
59,315,211
2
Enter amount from Part I, line 27a .....................
2
-3,463,886
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,591,177
4
Add lines 1, 2, and 3 ..........................
4
57,442,502
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
57,442,502
Form 990-PF (2020)
Form 990-PF (2020)
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 2001-12-01 2020-12-31
b
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 13,421,077   13,147,626 273,451
b
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       273,451
b
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 2 273,451
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
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 19,817
c All other domestic foundations enter 1.39% 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  
3 Add lines 1 and 2........................... 3 19,817
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 19,817
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 75,000
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 75,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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 55,183
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet20,000 RefundedBullet 11 35,183
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 the instructions
for the 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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
Yes
 
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
    Yes
     
    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)
    bulletNJ
    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 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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.salemwellnessfoundation.org
    14
    The books are in care ofbulletBrenda Goins Telephone no.bullet (856) 299-4460

    Located atbullet91 S Virginia AveCarneys PointNJ ZIP+4bullet08069
    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 2020, 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    Lori Dilks Treasurer
    1.00     		0    
    6 Nicholas Drive
    Pennsville,NJ08070
    Lisa Hartsough RN Chairman
    1.00     		0    
    211 Hayes Street
    Carneys Point,NJ08069
    William J Allen Trustee
    1.00     		0    
    10 Walker Dr
    New Castle,DE19720
    Ralph Thomas Vice Chair
    1.00     		0    
    309 State St
    Elmer,NJ08318
    William H McAllister Trustee
    1.00     		0    
    11 Meghans Way
    Pennsville,NJ08070
    Brenda L Goins Executive Dir.
    40.00     		135,744 8,384  
    627 Quinton Rd
    Salem,NJ08079
    Dorothy Haefner Secretary
    1.00     		0    
    409 Welchville Road
    Salem,NJ08079
    Lynee R Saunders Trustee
    1.00     		0    
    140A Walnut Street
    Salem,NJ08079
    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
    JUDITH A FOLEY EXEC. ASSISTANT
    40.00     		67,812 4,050  
    86 Kansas Road
    Pennsville,NJ08070
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    SEI Private Trust Company Investment Management 138,822
    1 Freedom Valley Dr
    Oaks,PA19456
    Drinker Biddle & Reath LLP Legal Fees 133,079
    600 Campus Drive
    Florham Park,NJ079321047
    Total number of others receiving over $50,000 for professional services.............bullet  
    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 Improving Access to Healthcare - Grants to assist in the operation of the Salem Medical Center. 4,500,000
    2 Preventative Care: 1. Matching funds for Salem County rural health related transportation program - $ 76,796 2. Grant partnership with Acenda, providing mental health services in Salem County, NJ - $ 75,000 3. Grant to Pennsville Township, NJ - NJ Healthy Communities Grant for upgrade to Riverview Park to accomodate Citizens with disabilities- $ 20,000 4. Grant to Catholic Charities to support food pantries during Covid 19 - $ 19,000 5. Grant to Puerto Rican Action Committee (PRAC) to support lost revenue due to Covid 19 - $ 15,000 6. Grant of Penns Grove Middle School to support the After School physical activity Program - $ 3,000 7. Grant to Rutgers University Foundationt o support a comprehensive Family and Community Health Sciences Extension program for residents of Salem County, NJ - $ 55,000 8. Grant to Salem High School to support the Teen Prevention Education Program (TEEN PEP), a sexual health program - $ 7,500 271,296
    3 Matching Gift Program - The Salem Health and Wellness Foundation provides general operating support to Salem County 501(C)(3) non-profit organizations offering services that fall within the Foundation's areas of interest, via the matching gift program. In 2020, this program supported 8 Salem County non-profit organizations. 146,734
    4 Live Healthy Salem County Initiative - To assist a county wide group of community residents, nonprofits, stakeholders, and service providers coming together to address the health needs of Salem County Residents. The mission of Live Healthy Salem County is to inspire residents to live healthy, productive lives by enhancing opportunities that lead to a sustainable culture of wellness. 32,952
    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 Low Interest loan to Salem Medical Center, a hospital under section 170(b)(1)(a)(iii). The loan's significant purpose is to further the accomplishment of Salem Health and Wellness Foundation's mission to promote the health and wellness of the residents of Salem County, NJ, and not to produce income. The loan accomplishes one or more purposes described in section 170(c)(1) or (2)(b); namely Salem Health and Wellness foundation's and salem medical center's (the hospital) charitable, scientific, and educational purposes. 10,000,000
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet10,000,000
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    22,569,007
    b
    Average of monthly cash balances.......................
    1b
    824,297
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    23,393,304
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    23,393,304
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    350,900
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    23,042,404
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,152,120
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,152,120
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    19,817
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    19,817
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,132,303
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,132,303
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,132,303
    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
    5,506,547
    b
    Program-related investments—total from Part IX-B..................
    1b
    10,000,000
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    15,506,547
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    15,506,547
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 1,132,303
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019...... 23,049,589
    fTotal of lines 3a through e........ 23,049,589
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 15,506,547
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 1,132,303
    e Remaining amount distributed out of corpus 14,374,244
    5 Excess distributions carryover applied to 2020.    
    (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 37,423,833
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		37,423,833
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019.... 23,049,589
    e Excess from 2020.... 14,374,244
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    Candid
    32 Old Ship 24th Floor
    New York,NY10005     		None PC To Support Mission Related Work 3,750
    Puerto Rican Action Committee
    114 East Main St
    Penns Grove,NJ08069     		None PC Funding for Prac's Health Program. To improve access to healthcare for Hispanic and underserved families in Salem County and to supplement lost revenue due to Covid 19 15,000
    Acenda
    42 S Delsea Dr
    Glassboro,NJ08028     		None PC Support for Acenda's work providing mental health services to residents with a focus on children and veterans in salem county 75,000
    Meals on Wheels
    90 Market St
    Salem,NJ08079     		None PC Support to help Meals on Wheels keep Salem County residents off their waiting list 20,000
    Ranch Hope Inc
    PO Box 325
    Alloway,NJ08001     		None PC Matching gift program to support their ongoing programs 20,000
    Habitat for Humanity Salem
    416 S Pennsville-Auburn Rd
    Carneys Point,NJ08069     		None PC Matching Gift Program to Support their ongoing programs 20,000
    Cornerstone Womens Resource Ctr
    PO Box 63
    Salem,NJ08079     		None PC Matching Gift Program to support their ongoing programs 20,000
    Appel Farm Arts Music Ctr
    457 Shirley Rd PO Box 888
    Elmer,NJ08318     		None PC Matching Gift Program to Support their ongoing programs 20,000
    Pennsville Visiting Nurse Assoc
    14 N Broadway
    Pennsville,NJ08070     		None PC Matching gift program to support their ongoing programs 18,427
    The Arc of Salem County
    150 Salem-Woodstown Rd
    Salem,NJ08079     		None PC Matching gift program to support their ongoing programs 8,307
    Salem Medical Center
    310 Woodstown Road
    Salem,NJ08079     		None PC To Support the purchase and the revitalization of our local hospital 4,500,000
    Daytop NJ Inc
    80 W Main St
    Mendham,NJ07945     		None PC To Support ongoing programs 20,000
    Pennsville Township NJ
    90 N Broadway
    Pennsville,NJ08070     		None GOV Upgrades to riverview park to accomodate citizens with disabilities 20,000
    Salem County Office on Aging
    110 Fifth St 900
    Salem,NJ08079     		None GOV Funds for Salem County rural health related transportation program 76,796
    Penns Grove Middle School
    351 E Maple Ave
    Penns Grove,NJ08069     		None GOV To Support the after School physical activity program 3,000
    Rutgers University Foundation
    335 George St Ste 4000
    New Brunswick,NJ08901     		None PC To fund a position to conduct a comprehensive family and community health sciences extension program for residents of Salem County, NJ 55,000
    Salem High School
    219 Walnut St
    Salem,NJ08079     		None GOV To fund the Teen Prevention Education Program (TEEN PEP) - a sexual health program 7,500
    Catholic Charities
    114 State St
    Penns Grove,NJ08069     		None PC Support for food pantries during Covid 19 19,000
    Total .................................bullet 3a 4,921,780
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 19  
    4 Dividends and interest from securities....     14 483,127  
    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 ............     		    18 273,451  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aInterest - N/R - SMC     		    14 568,333  
    bL.T. Capital Gain Distrib     18 272,047  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,596,977  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,596,977
    (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.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID: 20011551
    Software Version: 2020v4.0


    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
    2020
    Name of the organization
    Salem Health and Wellness Foundation Inc
    co Brenda L Goins Ex Director
    Employer identification number

    01-0625542
    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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    Salem Health and Wellness Foundation Inc
    co Brenda L Goins Ex Director         		Employer identification number
    01-0625542
    Part I
    Contributors
    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
    Morris Fox Charitable Trust
    Wells Fargo PO Box 95021
     
    Henderson, NV890095021

    		$ 30,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    Estate of J Evan Hitchner
    Wells Fargo PO Box 95021
     
    Henderson, NV890095021

    		$ 484,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    Eleanor Rumsey Charitable Trust
    Wells Fargo PO Box 95021
     
    Henderson, NV890095021

    		$ 9,200


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    Albert M Parvin Trust
    PNC 116 Allegheny Ctr
     
    Pittsburgh, PA152125333

    		$ 9,438


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    Harold Mildred Huber Trust
    Well Fargo PO Box 95021
     
    Henderson, NV890095021

    		$ 8,000


    (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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    Salem Health and Wellness Foundation Inc
    co Brenda L Goins Ex Director         		Employer identification number

    01-0625542
    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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    Salem Health and Wellness Foundation Inc
    co Brenda L Goins Ex Director         		Employer identification number

    01-0625542
    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) (2020)
    Additional Data


    Software ID: 20011551
    Software Version: 2020v4.0

    TY 2020 AccountingFeesSchedule
    Name:
    Salem Health and Wellness Foundation Inc
     
    co Brenda L Goins Ex Director
    EIN:
    01-0625542
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Audit, Payroll, & Tax Preparation 26,100 10,750 0 15,350

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    Salem Health and Wellness Foundation Inc
     
    co Brenda L Goins Ex Director
    EIN:
    01-0625542
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    Refrigerator-Lowes 2010-12-27 417 378 SL 10.0000 39      
    4 Shelf Corner Bookcase 2010-04-09 220 214 SL 10.0000 6      
    15' Conference table 2011-01-25 3,537 3,157 SL 10.0000 354      
    20 Conference Chairs 2011-01-25 4,738 4,226 SL 10.0000 474      
    Constr-New Office 2006-08-01 10,090 3,474 SL 39.0000 259      
    Exterior Sign Above Door 2013-06-05 675 447 SL 10.0000 68      
    HP 3500 Desktop PC 2015-02-03 550 541 SL 5.0000 9      
    HP Elite Desktop PC 2015-09-29 630 536 SL 5.0000 94      
    LG 22" LCD Monitor 2016-02-19 199 153 SL 5.0000 40      
    5 Apple IPAD Mini's 2016-04-04 1,162 870 SL 5.0000 232      
    1 Apple IPAD Mini 2016-05-11 243 179 SL 5.0000 49      
    Lenova ThinkPad Laptop 2016-09-13 529 353 SL 5.0000 106      
    Grant Camera/Projector 2016-10-14 793 517 SL 5.0000 159      
    31 LED Light Fixtures 2017-07-19 3,565 863 SL 10.0000 357      
    High Back Desk Chair 2018-01-16 240 92 SL 5.0000 48      
    Zoom Equipment 2020-08-17 1,600   SL 5.0000 107      

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Salem Health and Wellness Foundation Inc
     
    co Brenda L Goins Ex Director
    EIN:
    01-0625542
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Fixed Income 3,386,437 3,386,437

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Salem Health and Wellness Foundation Inc
     
    co Brenda L Goins Ex Director
    EIN:
    01-0625542
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Domestic Equities 8,509,060 8,509,060
    International Equities 7,210,396 7,210,396

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Salem Health and Wellness Foundation Inc
     
    co Brenda L Goins Ex Director
    EIN:
    01-0625542
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SEI Core Property Fund, LP FMV 1,316,744 1,316,744

    TY 2020 LandEtcSchedule2
    Name:
    Salem Health and Wellness Foundation Inc
     
    co Brenda L Goins Ex Director
    EIN:
    01-0625542
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 15,735 15,571 164  
    Machinery and Equipment 55,962 54,041 1,921 8,500
    Improvements 15,327 6,625 8,702  


    TY 2020 LegalFeesSchedule
    Name:
    Salem Health and Wellness Foundation Inc
     
    co Brenda L Goins Ex Director
    EIN:
    01-0625542
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal Fees 138,822 2,657 0 168,782


    TY 2020 OtherAssetsSchedule
    Name:
    Salem Health and Wellness Foundation Inc
     
    co Brenda L Goins Ex Director
    EIN:
    01-0625542
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Beneficial Interests - in Perpetual Tr 11,239,771 12,114,149 12,114,149
    Due From U.S. Treasury   35,183 35,183
    Interest Income Receivable   61,520 61,520
    Investment Income Receivable 58,784 9,030 9,030
    Notes Receivable - SMC   108,063 108,063


    TY 2020 OtherExpensesSchedule
    Name:
    Salem Health and Wellness Foundation Inc
     
    co Brenda L Goins Ex Director
    EIN:
    01-0625542
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    403 B Plan Administration Expense 1,150     1,150
    Dues & Memberships 1,530     1,670
    Equipment Maintenance 1,546      
    Grant Expenses 32,952     32,952
    Insurance 8,988     11,582
    Internet Access Fees 959     959
    Marketing 1,438     1,438
    Miscellaneous Expenses 1,030     1,494
    Office Expenses 1,661     1,661
    Online Grantmakeing Software 4,253     500
    Subcontractor       544
    Telephone 3,012     3,012
    Website Hosting 1,732     1,723


    TY 2020 OtherIncomeSchedule2
    Name:
    Salem Health and Wellness Foundation Inc
     
    co Brenda L Goins Ex Director
    EIN:
    01-0625542
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Interest - N/R - SMC 568,333 568,333  
    L.T. Capital Gain Distrib 272,047 272,047  


    TY 2020 OtherIncreasesSchedule
    Name:
    Salem Health and Wellness Foundation Inc
     
    co Brenda L Goins Ex Director
    EIN:
    01-0625542
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    Increase in FMV of Perpetual Trusts 874,381


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Salem Health and Wellness Foundation Inc
     
    co Brenda L Goins Ex Director
    EIN:
    01-0625542
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Mangement Fees 135,410 135,410 0 0
    Program Consultants 45,000 0 0 45,000


    TY 2020 TaxesSchedule
    Name:
    Salem Health and Wellness Foundation Inc
     
    co Brenda L Goins Ex Director
    EIN:
    01-0625542
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise Tax Expense - Form 990-PF 19,817     61,891
    Foreign Taxes W/H on Dividends 10,313 10,313    
    NJ State Filing Fees 283     283