Living Well Foundation

“The foundation has one member, the hospital service district 1 of the parish of ouachita state of louisiana”

“The hospital service district 1 parish of ouachita state of louisiana shall be entitled to elect two-thirds of the directors and the police jury of ouachita parish state of louisiana shall be entitled to elect one-third of the directors. The members of the board of directors must meet the requirements set forth in the articles of incorporation of living well foundation.”

“Certain matters as listed in the by-laws of living well foundation require approval of the board of commissioners of hospital district 1 parish of ouachita state of louisiana.”

“President/ceo and board chair review and provide input on any noted items. Attorney, cpa, and auditor provide input on items as needed. Upon completion of form 990, it is put on website as public info and distributed by email to all board members. At board meeting, it is discussed that the 990 is in process and will be filed by the filing due date.”

“Before persons become board members,they are presented with the conflict of interest policy with which they are expected to comply. After becoming board members they are expected to notify the board of any conflicts of interest that may arise. For grant-making activities, directors, etc. Are required to disclose any possible conflict of interest or financial interest as defined within the by-laws and the board undertakes determination of that conflict or financial interest prior to any decisions.”

“In determining the compensation for the ceo, the executive committee includes comparability data, a review and approval by independent persons and substantiation of the deliberation and decisions made.”

“In determining the compensation for the other officer, the planning/operations committee includes comparability data, a review and approval by independent persons and substantiation of the deliberation and decisions made.”

“Living well foundation furnishes the articles of incorporation bylaws, grant making guidelines, minutes of all meetings, budgets and other information on the organization website www.livingwellfoundation.net. All items are also available at the office location for public review upon request.”

“The foundation administered activities related to rendering care to the sick and injured or in the promotion of health, cooperated with other public and private institutions and agencies engaged in providing hospital and other health care services to residents of the district, and participated in activities designed and conducted to promote the general health of the community. The foundation's area of service included the following eight northeastern louisiana parishes: caldwell, franklin, jackson, lincoln, morehouse, ouachita, richland and union.”

“Continue to have access to medical and mental healthcare on campus. On september 22, 2016, a letter from mcmc was received by the foundation stating that no funds would be needed for operational support for the two west monroe school-based health centers (sbhcs)for school year 2015-2016 ending june 30, 2016, as provided for in the mou dated march 18, 2015. The letter was presented in the board of directors meeting october 6, 2016, and thereafter, the accruals of 50,000 for each of the two sbhcs, totaling 100,000, were reversed in the november 2016 financial statements (accrued for months january 1, 2016 to june 30, 2016). In a separate initiative, after the fall 2016 grant cycle, and through provisions of budgeted sbhc monies for other sbhc expenses within the service area, 66,875 was approved in funding to mcmc by the board at its november 10, 2016 meeting, to be effective january 1, 2017. An mou was agreed upon by both parties december 19, 2016. This initiative was undertaken as part of the lwf's strategic goals to support sbhcs within the service area as approved and within available revenues and was outside the funding of its grant-making cycle.”

“Recoveries of prior year grants -114,237 recoveries of prior year grants 114,237”