Adventist Behavioral Health Foundation

“Adventist behavioral health foundation, inc. (the "foundation") was organized to provide fund development, financial and other assistance to adventist behavioral health (the "system") for the medical and health care needs of maryland. To achieve this role, the foundation functions as a charitable not-for-profit, nonstock corporation which operates to benefit patients and community members by working for the furtherance of the system's medical programs and health care objectives. The foundation has one class of voting members which comprise the board of trustees. The affairs and management of the foundation are under the control of the board of trustees.”

“By laws, article ii: the board of trustees of adventist healthcare, inc. Appoints the members of adventist behavioral health foundation, inc.'s governing body.”

“The board of trustees approves all actions of management. The actions of the adventist behavioral health foundation, inc.'s governing board is subject to the review of the board of adventist healthcare, inc.”

“The board of trustees of adventist behavioral health foundation, inc. Are made up of the executives and officers from adventist healthcare inc. Adventist healthcare inc. (ahc) and its controlled entities subscribe to the same policies and procedures of ahc, which are subjected to the approval by its board of trustees. The executive management of ahc reviewed all controlled entities' from 990 prior to filing with irs.”

“Pursuant to the organization's conflict of interest policy, each facility board member, officer, director and any employee in a position that requires coordination and/or negotiation with contractors or supplies, is required on an annual basis to disclose any business or financial relationship outside of the organization. Compliance with policy is monitored and enforced by the human resources department, corporate integrity department and the legal department.”

“When setting compensation for executives, officers, key employees, and all employees, the organization fully complies with the procedural safeguards embedded in the irs regulations. Compensation is entirely set by a committee of the board of trustees. In setting compensation, the governing board committee relies upon market comparability data provided by an independent outside compensation consultant. To ensure reasonableness, compensation is set at the 50th percentile of the natural market. General explanation: employees of any of the adventist healthcare inc. And affiliated tax exempt entities in the state of maryland (including adventist behavioral health foundation) are paid through a common paymaster, adventist healthcare, inc., and are reported on its form 941. Salary and benefit expenses reported on their respective returns are actual charges related to the employees working on the specific tax exempt entity. However, all foundation's staff is reported at adventist behavioral health, a division of adventist healthcare, inc. Compensation included regular base salary, bonus, paid time off cash out (only for employees who leave our organization), taxable relocation allowance, holiday gift, retroactive compensation adjustment, bereavement leave, education, and withdrawal of deferred compensation, as applicable. The same and non-additive compensation and employment benefit plan contribution amounts were also disclosed in the adventist healthcare inc.'s related entities returns. Vendor payments for any of the adventist healthcare, inc. And related entities in the state of maryland are made through a common paymaster, adventist healthcare, inc.”

“The governing documents, conflict of interest policy and financial statements, are available to the public upon request.”

“Other unrestricted net assets activity -81.”