Faculty Practice Foundation Inc.

“All officers and trustees except gene lindsey and monica noether are employees of either boston university, boston medical center, or the faculty practice plan corporations, related organizations. Certain officers and trustees of the foundation's board also serve as officers and directors of boston medical center.”

“The faculty practice foundation amended its bylaws to further ensure it operates as a robust physician organization that nurtures clinical, teaching, and research excellence. The bylaws were amended to provide for a wider variety of medical professionals and independent trustees on the fourteen-member board of trustees.”

“The members of the organization are boston university and boston medical center.”

“In connection with the amended bylaws, the board of trustees includes: - the presidents of the practice plans for the department of medicine and the department of surgery, who serve ex officio; - two trustees selected from the presidents of the other practice plans; - three trustees who are each medical professionals employed by one of the practice plans; - three independent trustees; - the president of the boston medical center corporation medical-dental staff, who serves ex officio; - the full-time ceo of the foundation, serving as the president, who serves ex officio; - the ceo of bmc, who serves ex officio; and - the dean of busm, who serves ex officio.”

“Certain actions must be approved by the members, as set forth in the bylaws, including any merger, consolidation, liquidation or dissolution, any loan agreement, and any agreement to encumber the accounts or tangible or intangible assets of the organization. The members must also approve an increase or decrease in the number of trustees or officers, the addition of new members, and the annual operating budget.”

“Prior to the filing of the form 990 with the irs, the form 990 was prepared by our outside tax consultants and reviewed by internal management. The audit and compliance committee of the boston medical center board of trustees then reviewed the return. Each member of the faculty practice foundation board was provided a copy of the final form 990 prior to filing.”

“Conflict of interest questionnaires for the fiscal year ending june 30, 2017 were distributed on march 27, 2018 by the compliance and legal department. The chief compliance officer queries trustees, officers, and trustees on at least an annual basis regarding relationships that may create potential conflicts of interest. The chief compliance officer reviews all disclosures and determines whether there are actual or potential conflicts of interest. The chief compliance officer advises the board of trustees and officers of the corporation accordingly.”

“The foundation does not make its governing documents or conflict of interest policy available to the public. The financial statements are made available through the massachusetts attorney general's office.”

“Form 990, part i, line 1 and part iii, line 1 the faculty practice foundation, inc's ("the foundation") primary mission is to improve the health of all, by leading through innovation and collaboration in patient care, education, and research; and to promote the professional and personal well-being of its physicians and other providers. Program service accomplishments form 990, part iii, line 4 the faculty practice foundation, inc. Is affiliated with the following faculty practice plans ("the plans"): boston university medical center anesthesiologists, inc. Boston emergency physician foundation, inc. Bostson university cardiac & thoracic surgical foundation, inc. Boston university dermatology, inc. Boston university dermatology support services i, inc. Boston university dermatology support services ii, inc. Boston university surgical associates, inc. Evans medical foundation, inc. Boston university eye associates, inc. Boston university family medicine, inc. Boston university mallory pathology associates, inc. Boston university neurology associates, inc. Boston university neurosurgical associates, inc. Boston university obstetrics & gynecology foundation, inc. Boston university orthopaedic surgical associates, inc. Boston university medical center otolaryngologic foundation, inc. Child health foundation of boston, inc. Boston university plastic surgery associates, inc. Boston university psychiatry associates, inc. Boston university medical center radiologists, inc. Boston rehabilitation medicine associates, inc. Boston university general surgical associates, inc. Boston university medical center urologists, inc. Boston university radiation oncology, inc. The foundation, incorporated on october 18, 1994, is a tax-exempt, non-profit massachusetts corporation operated exclusively for clinical, charitable, scientific and educational purposes. The plans, also tax-exempt, non-profit corporations, were established to operate exclusively for the benefit of bmc and boston university school of medicine ("busm") (collectively, the "institutions"). The foundation is granted the power to approve the plans' annual operating budgets, physician compensation plans, and managed care contracts. The plans' purpose is to provide, coordinate, and facilitate the delivery of patient care services and to promote the development of an integrated system of delivery to more efficiently and effectively meet the health care needs of the communities served by the institutions. Statements regarding other irs filings and tax compliance form 990, part v, line 2 and part ix, lines 7 and 9 the faculty practice foundation has no employees. However, it reimburses the trustees of boston university and boston medical center for use of its employees.”

“Governance, management, and disclosure form 990, part vi, section b, lines 15 a & b no officers or key employees (there are no key employees) are compensated by the foundation. However, the foundation does have a compensation committee for purposes of reviewing the compensation of the officers of the practice plans. Compensation of officers, directors, trustees, key employees, highest compensated employees, and independent contractors form 990, part vii, section a three individuals served as treasurer during the fiscal year ending june 30, 2017: gerard doherty, m.d. From 07/01/2016 to 09/21/2016 robert vinci, m.d. From 09/22/2016 to 01/31/2017 stephen christiansen, m.d. From 02/01/2017 to 06/30/2017”