F F Thompson Hospital Foundation Inc

“Given that many of our Board Members include professionals in industries such as banking, law, and financial advisement, it is our understanding that some board members engage with each other in professional business activities. Given the comprehensive conflict of interest forms the board members complete, we do not believe any such relationship impacts their decision making as to Thompson activities and to the extent there is a potential conflict of interest as disclosed by a Board member, the Board member is instructed to follow our conflict of interest policy as described in Part VI, Section B, Line 12c. We are unaware of any family relationship between any other officer, director, trustee, or key employee.”

“The sole member of The FF Thompson Hospital Foundation (Foundation) is FF Thompson Health System Inc. (System). The System, the University of Rochester Medical Center and the University of Rochester (UR) are parties in an affiliation agreement whereby UR is the sole corporate member of the System. The System, acting through its board of directors, has the authority to elect the governing body of the Foundation and approve certain decisions. Such decisions include appointment of the Foundation President and CEO, amendment of the certificate of incorporation and bylaws, approval of extraordinary corporate actions such as merger or dissolution, approval of capital and operating budgets, strategic plans, and incurrence of certain debt. Additionally, certain decisions of the Foundation are subject to the approval of UR. Such decisions include appointment and removal of board members, approve appointment and removal of the President and CEO, approve changes to the Foundation bylaws and certificate of incorporation and, under certain circumstances, approve strategic plans, capital and operating budgets and incurrence of debt.”

“Refer to Schedule O, Membership information, Form 990, Part VI, Section A, Line 6”

“Refer to Schedule O, Membership information, Form 990, Part VI, Section A, Line 6”

“The Director of Finance and Reimbursement and the CFO review the return. In addition, the return is reviewed by an independent accounting firm. The return is then made available to the Board of Directors and a summary presentation is made at the board meeting. Questions are entertained during both meetings as well as after the meeting prior to filing.”

“Consistent with the written system-wide conflict of interest (COI) policy, Board members, officers and key employees complete annual conflict of interest forms to identify actual and potential conflicts of interest that may exist relative to their duties with the organization. The Audit Committee and General Counsel monitor completion of these forms and review the statements made therein for compliance with the COI policy. An individual management plan is developed that stipulates how each potential or actual COI will be addressed in order to mitigate each conflict identified. Each individual management plan is reviewed, modified as necessary and approved by the Audit Committee and General Counsel. The approved plan is then delivered to each person with an identified potential or actual COI. To help ensure compliance with the COI policy, each individual management plan stipulates that the person with a potential or actual COI will not be allowed to participate in any discussion or decision of the Board in any area of identified conflict. Furthermore, unless a specific question is asked by the Board, the person with the COI will be asked to leave the room during a discussion and/or decision by the Board that involves an area covered by the COI individual management plan. The Audit Committee and General Counsel review these procedures annually to assess their effectiveness and recommend (or make) appropriate changes as needed to ensure the COI policy is consistently and effectively enforced.”

“Executive compensation is established by the Compensation Committee of the Board of Directors. The committee uses an outside company to gather comparable data in determining compensation levels for the President/CEO and senior level executives. The full Board of Directors is surveyed by the Compensation Committee on executive performance which is also considered in determining compensation levels. The committee is involved in setting goals for the CEO which ties back to his performance review and compensation rate. This process is completed each year.”

“These documents are available upon request by contacting the Administrative Office.”

“Refer to Schedule O, Employment information, Form 990, Part V, Line 2a.”

“Gain/Loss from sale of other securities - net gain from sale of other securities is $299,672. Transactions included in this amount are voluminous. Detailed schedules are available upon request.”

“Employees and certain officers, directors, and key employees of the FF Thompson Hospital Foundation receive compensation from the Frederick Ferris Thompson Hospital, a related IRC Section 501(C)(3) organization, through a common paymaster for its affiliates. Because employees are included in the common paymaster, a portion of the salaries of these individuals is allocated to the Foundation and is included as part of other salary and wages on their statement of functional expenses. Certain officers and key employees of the Foundation also devote significant time each week to other related organizations. None of the board members of the Foundation are compensated for their board services.”

“Refer to Schedule O, Employment information, Form 990, Part V, Line 2a.”

“Pension Related Changes $12,635. Change in Beneficial Interest in Charitable Remainder Trust $98,396. Net Periodic Pension Cost ($7,167). Total $103,864”