Lancaster General Health Foundation

“The business and affairs of the corporation shall be governed by a board of not less than three (3) nor more than thirty-five (35) trustees who shall be natural persons of full age. The number of trustees shall be such a number as shall have been last specified by resolution of the sole member. The number of trustees shall include ex-officio trustees. Trustees need not be residents of pennsylvania. At all times, the board shall include at least one individual who is then serving as an officer, trustee, or director of each of the specified organizations.”

“Each year, as nearly as possible, one-third (1/3) of the trustees shall be elected to hold office for a term of three (3) years.”

“At all meetings of the board, a majority of the trustees then in office shall be necessary to constitute a quorum for the transaction of business and the acts of the board of trustees, except as may otherwise be specifically provided by statute, by the articles of incorporation, or by the bylaws”

“The organization has policies and procedures governing the activities of its affiliates. However, they are not currently approved by the governing board.”

“The cfo, the vice president-controller, and the director of accounting reviewed the form 990. In addition, the members of the governing body were given the opportunity to view the 990 online via the board portal system prior to the electronic filing.”

“The organization has the policies and procedures in place as mentioned in form 990, part vi, section b, line 12a,14, and 16b. However, they are not currently approved by the governing board. The meeting agenda for the june, 2015 board meeting includes review and approval of such policies.”

“Lancaster general health's executive compensation process includes the following review and action by the executive committee of the board of trustees which is comprised of independent trustees. An evaluation of performance against goals is conducted at the close of a fiscal year to determine the level of organizational and individual performance of the ceo and senior executives so as to determine merit and incentive pay actions. Market data for base salary, total cash compensation and total compensation is provided by an independent third party to the committee and reflects a market basket of similarly sized organizations with comparable executive positions. Upon review and discussion of the related data and information the committee takes action which is recorded in the meeting minutes which are then filed for future reference.”

“Lancaster general health's executive compensation process includes the following review and action by the executive committee of the board of trustees which is comprised of independent trustees. An evaluation of performance against goals is conducted at the close of a fiscal year to determine the level of organizational and individual performance of the ceo and senior executives so as to determine merit and incentive pay actions. Market data for base salary, total cash compensation and total compensation is provided by an independent third party to the committee and reflects a market basket of similarly sized organizations with comparable executive positions. Upon review and discussion of the related data and information the committee takes action which is recorded in the meeting minutes which are then filed for future reference.”

“Lancaster general health foundation does not make the governing documents, conflict of interest policy, or financial statements available to the public.”

“The hours noted in column (b) relate to the hours dedicated to the filing organization and/or to other organizations within the lancaster general health system. The hours disclosed relate to time served on a board and/or for services provided resulting in compensation paid.”

“Related party contribution - 845803;”