PLATINUM2022

Karen Ann Quinlan Charitable Foundation Inc

aka Karen Ann Quinlan Hospice   |   Newton, NJ   |  www.karenannquinlanhospice.org
GuideStar Charity Check

Karen Ann Quinlan Charitable Foundation Inc

EIN: 22-3562304


Mission

THE ORGANIZATION RECEIVES AND SOLICITS DONATIONS FROM THE PUBLIC AND OTHER SECTION 501(C)(3) ORGANIZATIONS AND DISTRIBUTES SUCH FUNDS TO OTHER SECTION 501(C)(3) ORGANIZATIONS TO PROVIDE HOSPICE AND RELATED CARE TO MEMBERS OF THE GENERAL PUBLIC.

Ruling year info

1999

Chairman of the Board

Robert Vandenbergh

Main address

99 Sparta Ave

Newton, NJ 07860 USA

Show more contact info

EIN

22-3562304

Subject area info

Philanthropy

Out-patient medical care

Human services

Population served info

Families

Caregivers

People with diseases and illnesses

NTEE code info

Fund Raising and/or Fund Distribution (T12)

Health Treatment Facilities (Primarily Outpatient) (E30)

Human Service Organizations (P20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Our organization acts as an endowment to assure the sustainability of the Karen Ann Quinlan Memorial Foundation DBA the Karen Ann Quinlan Hospice. The problems we address are as follows; While most hospice care is reimbursed by Medicare or private insurance the rate reimbursed is well below actual cost and the Karen Ann Quinlan Hospice goes above and beyond the minimum required care. Many patients are not covered by either Medicare or private insurance. Medicare requires, but does not directly reimburse for, 13 months of Bereavement Care for loved ones after the death of the patient and also anticipatory grief care for caregivers and loved ones while the patient is in hospice. The Karen Ann Quinlan Hospice through the Joseph T. Quinlan Bereavement Center goes way beyond the Medicare minimum required level of care to offer Bereavement care to anyone in our community who has suffered a loss by death whether their loved one was in hospice or not and regardless of ability to pay.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Karen Ann Quinlan Home for Hospice

The Karen Ann Quinlan Home for Hospice provides residential Hospice care for those unable to receive care in their own homes.

Population(s) Served
People with diseases and illnesses
Caregivers

The Joseph T. Quinlan Bereavement Center offers Bereavement Counseling to anyone in our community who has suffered a loss by death whether or not they have been in our Hospice and regardless of ability to pay.

Population(s) Served
Families
Caregivers

The Haven Program supports hospice for indigent patients and patients without health care insurance.

Population(s) Served
People with diseases and illnesses
Caregivers

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of independent organizations served

This metric is no longer tracked.
Totals By Year
Population(s) Served

Caregivers, People with diseases and illnesses

Related Program

Karen Ann Quinlan Home for Hospice

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Our organization supports directly the Karen Ann Quinlan Memorial Foundation DBA the Karen Ann Quinlan Hospice. We support many local charities through sponsorships and event attendance.

Number of Hospice Residences supported

This metric is no longer tracked.
Totals By Year
Population(s) Served

People with diseases and illnesses

Related Program

Karen Ann Quinlan Home for Hospice

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Our organization is aiming to ensure the sustainability of the Karen Ann Quinlan Memorial Foundation DBA the Karen Ann Quinlan Hospice. We want to be sure that all decisions are made to the benefit of the patient and family without having to take into account whether this care will be fully reimbursed by Medicare or private insurance.
Another goal of our organization is to impact the health of our community in a positive way by offering Bereavement Care to anyone who has suffered a loss by death whether or not they had a loved one in our hospice. Unresolved grief can lead to many negative outcomes including broken families, poor job performance, substance abuse and more. We are particularly concerned about children, the forgotten grievers. The Joseph T. Quinlan Bereavement Center has pioneered, and our organization has underwritten, years of Children's Art Bereavement Classes.
Our main goal is to lead by example. As we offer a reliably high standard of hospice care and constantly raise the bar for bereavement care we hope that this standard becomes the norm among all hospices.

Our key strategy is to maintain and manage an endowment to ensure the sustainability of the Karen Ann Quinlan Memorial Foundation DBA the Karen Ann Quinlan Hospice. As new programs are conceived by the Memorial foundation to fill the needs in our community our strategy is to underwrite these programs in order to assure that they are not a financial burden on the Hospice operation. For example the Memorial Foundation recognized a need for a hospice residence for patients who could not receive care in their own homes and to offer respite to caregivers. Our organization spent over two million dollars to assist in the construction and operation of the Karen Ann Quinlan Home for Hospice which opened in November of 2015. By assuming the lion's share of the cost of construction of this 10 bed residential hospice facility our strategy was to lower the cost to the hospice to assure the sustainability of this operation.
Our organization recognized the financial burden of the hospice offering Bereavement Care to anyone who has suffered a loss by death regardless of ability to pay and our strategy was to purchase a permanent home for this effort so the staff would not have to worry about a place to offer this care. In April 2017 our Organization purchased a headquarters for the Bereavement Center operations at #5 Plains Road in Augusta NJ.

In just under twenty years we have built up an endowment roughly equivalent to one year's operational budget of the Karen Ann Quinlan Memorial Foundation DBA the Karen Ann Quinlan Hospice. In this way we are able to assure the sustainability of the operation of the Hospice, the Bereavement Center, the Home for Hospice and the Haven Program.
We have over the years become proficient at fundraising in our community from individuals, businesses and foundations. We now raise over three hundred thousand dollars each year to assure the sustainability of the Hospice, Bereavement Center and Home for Hospice. The Charitable Board of Directors is made up of local business leaders who are invested in the hospice mission. Our organization has developed an investment policy with very low risk utilizing professional fund managers overseen by financial professionals on our board.

Because of the growth of our organization's endowment we have been able to withstand the changes in the Health Care Industry and remain independent, sustainable and financially strong. Some years ago Medicare suspended all reimbursements for hospice care for an extended length of time and we were able to support the hospice's operations with no negative impact on care. During the sequester years our organization has been able to ensure the continuing high level of care despite shrinking reimbursements.
Next up is to create an endowment specifically for the Joseph T. Quinlan Bereavement Center Children's Art Bereavement Program. That effort is gearing up now and will require the raising of approximately thirty five thousand dollars.
After that we intend to create an endowment specifically for indigent care at the Karen Ann Quinlan Home for Hospice. This would require approximately an additional million dollars.

Financials

Karen Ann Quinlan Charitable Foundation Inc
Fiscal year: Jan 01 - Dec 31
Financial documents
2020 Karen Ann Quinlan Charitable Foundation
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021 info

SOURCE: IRS Form 990

5.18

Average of 5.47 over 10 years

Months of cash in 2021 info

SOURCE: IRS Form 990

16.9

Average of 28 over 10 years

Fringe rate in 2021 info

SOURCE: IRS Form 990

0%

Average of 0% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Karen Ann Quinlan Charitable Foundation Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Karen Ann Quinlan Charitable Foundation Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Karen Ann Quinlan Charitable Foundation Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Karen Ann Quinlan Charitable Foundation Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2017 2018 2019 2020 2021
Unrestricted surplus (deficit) before depreciation $945,923 -$324,951 $923,726 $901,917 $1,004,286
As % of expenses 232.0% -114.7% 133.3% 285.1% 203.9%
Unrestricted surplus (deficit) after depreciation $874,832 -$397,921 $850,275 $828,324 $932,006
As % of expenses 182.7% -111.7% 111.0% 212.4% 165.0%
Revenue composition info
Total revenue (unrestricted & restricted) $833,079 $743,835 $628,285 $630,857 $1,190,356
Total revenue, % change over prior year -10.6% -10.7% -15.5% 0.4% 88.7%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 20.1% 28.6% 45.8% 48.1% 19.1%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 53.5% 44.0% 58.5% 43.6% 22.1%
Other revenue 26.4% 27.4% -4.3% 8.3% 58.9%
Expense composition info
Total expenses before depreciation $407,672 $283,388 $692,748 $316,383 $492,651
Total expenses, % change over prior year 44.4% -30.5% 144.5% -54.3% 55.7%
Personnel 0.0% 0.0% 0.0% 0.0% 0.0%
Professional fees 57.3% 77.8% 28.0% 72.1% 48.4%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 1.0% 1.9% 0.6% 1.2% 0.8%
Pass-through 15.5% 0.0% 50.5% 5.4% 35.0%
All other expenses 26.2% 20.3% 20.9% 21.2% 15.8%
Full cost components (estimated) info 2017 2018 2019 2020 2021
Total expenses (after depreciation) $478,763 $356,358 $766,199 $389,976 $564,931
One month of savings $33,973 $23,616 $57,729 $26,365 $41,054
Debt principal payment $129,381 $49,718 $51,963 $54,088 $56,738
Fixed asset additions $413,739 $0 $0 $0 $0
Total full costs (estimated) $1,055,856 $429,692 $875,891 $470,429 $662,723

Capital structure indicators

Liquidity info 2017 2018 2019 2020 2021
Months of cash 13.7 26.5 8.3 19.0 16.9
Months of cash and investments 221.6 306.1 142.6 347.6 253.7
Months of estimated liquid unrestricted net assets 155.7 212.3 103.6 327.1 234.7
Balance sheet composition info 2017 2018 2019 2020 2021
Cash $464,521 $625,364 $481,714 $502,026 $692,031
Investments $7,065,252 $6,602,409 $7,750,556 $8,662,216 $9,722,009
Receivables $71,550 $59,650 $6,700 $6,700 $0
Gross land, buildings, equipment (LBE) $5,797,367 $5,813,202 $5,838,273 $5,848,952 $5,848,952
Accumulated depreciation (as a % of LBE) 9.6% 12.0% 14.3% 16.7% 19.1%
Liabilities (as a % of assets) 15.0% 15.2% 14.0% 12.8% 13.3%
Unrestricted net assets $10,526,971 $10,129,050 $10,979,325 $11,807,649 $12,739,655
Temporarily restricted net assets $351,143 $362,169 N/A N/A N/A
Permanently restricted net assets $30,000 $30,000 N/A N/A N/A
Total restricted net assets $381,143 $392,169 $409,030 $433,058 $399,506
Total net assets $10,908,114 $10,521,219 $11,388,355 $12,240,707 $13,139,161

Key data checks

Key data checks info 2017 2018 2019 2020 2021
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Chairman of the Board

Robert Vandenbergh

Robert Vandenbergh is the recently retired Senior Vice President of Lakeland Bank. He has been on the Charitable Board since the beginning.

Number of employees

Source: IRS Form 990

Karen Ann Quinlan Charitable Foundation Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Karen Ann Quinlan Charitable Foundation Inc

Board of directors
as of 01/19/2022
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Robert Vandenbergh

Karen Ann Quinlan Charitable foundation

Term: 1999 - 2023

Robert Vandenbergh

Lakeland Bank

Robert Charlton

Nisivoccia

Yanina Hupka

Selective Risk Insurance

Richard Keiling

Richard Keiling Attorney

Julia Quinlan

Retired

William Askin

Askin and Hooker

Organizational demographics

SOURCE: Self-reported; last updated 1/19/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.