Master Trust Agreement for Welfare Benefits

“Form 990 & copy to members of its governing body a copy of the final return will be made available to the appropriate members of the governing body.”

“Form 990 review the form 990 was prepared and reviewed by the mass general brigham incorporated tax department.”

“Conflict of interest policy for purposes of its annual tax filing, mass general brigham has an annual questionnaire process for obtaining information on interests that may give rise to conflicts from all officers, directors, trustees and key employees. In addition, in connection with mass general brigham's conflict of interest policy, the mass general brigham's office for interactions with industry and office of the general counsel work together to periodically distribute, collect and review disclosure statements from these individuals. The information on each such disclosure is reviewed by each individual's supervisor (who in the case of directors and trustees is deemed to consist of the chairman of the board and the entity's president/ceo, who review the disclosures with the assistance of the general counsel or attorney representatives of her office). Mass general brigham has a conflict of interest policy that applies to all entities in the system*, and which is designed to: (1) identify relationships and conduct that create either conflicts of interest or conflicts of commitment; (2) establish a system for disclosing and resolving potential conflicts; and (3) ensure that transactions are negotiated at arm's length and that payments are at fair market value. Under our policy, when a conflict arises, the individual associated with the outside entity in question must provide full disclosure and completely recuse him/herself from any institutional decision-making about the transaction. In appropriate circumstances, (i) the corporation must consider at least two alternative disinterested competitive proposals; or must determine that two such competitive proposals do not exist or that it would be impractical to elicit or consider such competitive proposals; and (ii) the corporation must determine that, notwithstanding the apparent conflict, the transaction is fair and reasonable to the corporation and is in the best interests of the corporation. A written record must be made of these determinations. Furthermore, transactions that present particularly significant conflicts are reviewed by an independent committee of mass general brigham, which review is also documented. Conflicts of commitment by the mass general brigham president and ceo are addressed by requiring outside activities to be approved by the mass general brigham board chair. * as institutions are added to mass general brigham incorporated there is a transition period.”

“Upon request, the organization makes its governing documents, conflict of interest policy, and financial statements available to the public.”