Independent Health Foundation

“Michael cropp, stuart angert, and john rodgers have a business relationship (board members of an affiliated taxable entity).”

“The ihf by-laws and certificate of incorporation were amended/restated in december 2012, and were effective april 15, 2013 when filed with the state of new york. The foundation's executive committee determined that it would be in the best interest of the foundation to become a type i supporting organization. The irs required certain changes to these governing documents in order for the foundation as to qualify as a type i supporting organization. The changes to the certificate of incorporation relate to expressly limiting the purpose of the foundation to benefit, perform the functions of and carry out the purposes of iha, the supported organization. In addition, other technical changes were made to the certificate of incorporation to provide that the foundation is operated exclusively for charitable and educational purposes within the meaning of certain code sections and to prohibit certain activities if the foundation was ever classified, for tax purposes, as a private foundation. The activities and operations of the foundation have not changed as a result of the amendments. The changes to the bylaws reflect the irs's requirement that the foundation be controlled by iha, the supported organization, and not any other entities. Therefore, the bylaws now expressly state that iha, alone as sole member, appoints directors of the foundation. In order to avoid any conflict with the restated certificate of incorporation, the purposes section of the bylaws was removed. The bylaws were also amended to simplify the membership article in light of iha serving as the sole member of the foundation; to reflect certain requirements with respect to presenting annual reports to iha, as required under new york not-for-profit corporation law; and to make other conforming changes.”

“Independent health association is the sole corporate member of independent health foundation.”

“Independent health association is the sole corporate member of independent health foundation and appoints the board of directors of the foundation.”

“Independent health foundation does not have committees that have the authority to act on behalf of the governing body. As such, there are no meetings or written actions to document. Form 990, part vi, section a, line 9: janice hinamin - 145 forest creek lane, grand island, ny 14072”

“A final form 990 was presented to the board of directors at the board meeting prior to the filing of the return for comment and review.”

“Independent health foundation's (ihf) conflict of interest reporting policy encompasses all current ihf officers/employees (including key employees) of the organization. Employees are required as part of their employment with ihf to immediately report conflicts of interest that they are party to or that they observed, to a member of the board of directors of independent health foundation. The board of directors may make the determination that a conflict of interest exists and will review the actual conflict as conflicts are reported to them. Conflicts are also identified annually when the signed employee attestations, confidential questionnaires & pledge of confidentiality and continuing disclosure form (for bod members) are received. If a conflict of interest is identified, the individual is prohibited from participating in the deliberations or decisions related to this transaction.”

“Upon request, the organization will make available: a copy of its 990, its audited financial statements, and any other documents as required.”