The Hospice of Chattanooga Foundation

“The form 990 is prepared by the independent accounting firm then reviewed and verified by the interim chief executive officer and all members of the foundation board of directors. After responding to all inquiries and making any necessary changes, the final version is signed by the interim chief executive officer and filed with the internal revenue service.”

“As provided in section 8.5 of the bylaws, the board of directors has established and enforces a conflict of interest policy ("conflicting interest transactions policy"). The provisions of the conflict of interest policy include: a requirement for timely disclosure of the existence and nature of a director's or officer's conflict of interest and all facts known by a director or officer respecting the subject matter of the transaction that a director or officer free of such conflicting interest would reasonably believe to be material in deciding whether to proceed with the transaction; a description of a director's or officer's conflict of interest transaction; and a procedure for disclosing and reporting a conflict of interest transaction. The bylaws also provide that corporation shall not enter into a transaction in which any officer, director or related person is a party or has a material financial interest in the transaction except in accordance with applicable tennessee law, which provides that the board of directors may, in its discretion, at any time appoint an ad hoc committee of qualified directors for the deliberation and vote on any officer's or director's conflicting interest transaction. Each director and officer reviews annually a copy of the conflicting interest transaction policy and signs a conflicts of interest disclosure statement.”

“Documents are made available upon request.”

“The foundation dissolved on december 29, 2021.”

“The organization's oversight process and selection process have not changed from the prior year.”