Bristol Hospital Development Foundation Inc.

“The organization's CEO, Kurt Barwis, and the organization's CFO, Richard Braam, are compensated by a related organization, Bristol Hospital Inc. which used a process that included review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. This process last occurred on November 30, 2017.”

“The Executive Committee is comprised of the President of the Medical Staff of the Hospital and additional members, all of which are on the governing body. The Executive Committee has the power to transact any business of the Corporation requiring action during the interim between Regular Meetings of the Board of Directors, provided any action taken shall not conflict with the policies or express wishes of the Board and further provided that the Executive Committee shall report all matters on which it acts to the Board.”

“The organization has a sole member, which is Bristol Hospital and Health Care Group, Inc. There are no classes of members.”

“The organization's sole member has the right to elect the Board of Directors of the Corporation and has all of the other rights, powers and privileges accorded to the members of a non-stock, nonprofit corporation under Connecticut law.”

“In addition to such other rights, powers and privileges under Connecticut law, the sole member has the following rights, powers and privileges: (a) To accept, amend or reject, after approval by the Board of Directors, the annual business plan and operating and capital budgets of the Corporation. (b) To approve any programs and plans that materially affect the growth and development of the Corporation. (c) To approve: significant affiliation agreements between the Corporation and other institutions; significant fund raising programs proposed to be conducted by the Corporation; the sale or disposition of any assets of the Corporation not in the ordinary course of business and the incurrence of any indebtedness for borrowed money not in accordance with an approved operating or capital budget. (d) To remove any member of the Board of Directors at any time, regardless of the term for which such Director may have been elected. (e) To vote upon all matters on which members are entitled to vote under the Act.”

“A completed 990 is provided to each board member before it is filed. This provides an opportunity for members to ask questions and follow up with the finance team regarding any issues or concerns. The 990 is also reviewed internally by members of the finance and management teams.”

“The parent organization, Bristol Hospital and Health Care Group, has three conflict of interest policies - one for the Board of Directors and Committee Members, one for Non-Medical Staff Employees, and one for Medical Staff Members. Board of Directors and Committee Members Each of the above listed persons receives, reads and signs a statement once annually agreeing to comply with the Conflict of Interest Policy. If any actual, apparent or potential conflict of interest arises, the person shall make full disclosure of such actual, apparent or potential conflict of interest, within fifteen (15) days of the time that such conflict is discovered, or at least once annually at the commencement of each calendar year, with regular written updates to accord with any change in circumstances. The Governance Committee reviews all such disclosures to determine whether an actual, apparent or potential conflict of interest exists. Decisions pertaining to actual, apparent or potential conflicts of interests shall be made by the Governance Committee. The Corporate Compliance Officer (CCO) shall be available to the Governance Committee upon request. In the event that it determines that an apparent or potential conflict of interest exits, the Governance Committee shall institute a reasonable compliance management plan including periodic reviews of relationships or activities of any person or relative. Any changes or modifications in such relationships or activities shall be periodically reviewed and evaluated by the Governance Committee. Non-Medical Staff Employees Same process as outlined above with one exception: The oversight, review and determinations of disclosures are made by the CCO. The Bristol Health Executive Leadership Group (ELG) shall be available to the CCO upon request. Medical Staff Members Medical Staff Members complete Conflict of Interest disclosure statements during the initial credentialing process and subsequently every two years during the re-credentialing process. Any new relationships that arise in the interim deemed to be a potential conflict must be disclosed in a timely manner. Disclosures are reviewed and determinations are made by the Executive Committee of the Medical Staff (ECMS). The CCO is a member of this committee. In the event that the ECMS determines that an apparent or potential conflict of interest exits, a reasonable compliance management plan including periodic reviews of relationships or activities of any person or relative will be instituted. Any changes or modifications in such relationships or activities shall be periodically reviewed and evaluated by the ECMS.”

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

“Net assets contributed or released from restrictions for capital acquisitions - 164532; Change in temporarily restricted net assets - 631294;”