Chilton Medical Center Foundation Inc

“As per the by-laws, each of the entities has one "member", that being Atlantic Health System, Inc. There are no other members or classes of membership whatsoever as indicated in the by-laws.”

“Atlantic Health System, Inc. is the only "member" which wholly owns the Chilton Medical Center Foundation, Inc. As a result, Atlantic Health System, Inc. may elect the members of the governing bodies for each of the entities.”

“Atlantic Health System, Inc. is the only "member" which wholly owns the Chilton Medical Center Foundation, Inc. As a result, Atlantic Health System, Inc. approves the decisions of the governing bodies.”

“The organization is an affiliate of and controlled by Atlantic Health System, Inc. The organization's federal Form 990 was provided to each voting member of its governing body (its board of trustees) prior to the filing with the Internal Revenue Service. In addition, the Atlantic Health System, Inc. audit committee assumed the responsibility to oversee and coordinate the federal Form 990 including the preparation, review and filing process. As part of the organization's federal Form 990 tax return preparation process, the organization's tax manager prepared the Form 990. An independent CPA firm, Ernst & Young, LLP (EY) was engaged to review the entire Form 990 in detail. The organization's Director of Corpoate Tax and Payroll worked closely with EY in order to prepare a complete and accurate tax return. After EY completed the review and any and all issues were resolved and refelcted in the tax return, it was distributed to the board of trustee members governing body for their review and approval. Any and all questions raised by the board of trustees were addressed and cleared accordingly.”

“In conjunction with Atlantic Health System (Parent), the Chilton Medical Center Foundation, Inc. requires disclosure of potential conflicts. This policy governs all personnel at the Foundation, including Board Members. Additionally, the Board Committee members must fill out annual disclosures with specific questions regarding potential conflicts. For potential conflicts involving employees, conflicts involving business relationships require prior disclosure and approval by the Compliance Officer (General Counsel). Conflicts involving Board members require approval from the Compliance Officer and the head of the Audit Committee, who may refer those conflicts to the Compliance Committee of the Board. Restrictions are fact-dependent, but may include recusal from deliberations regarding subject matter affected by the conflict.”

“A review of officer compensation by an independent 3rd party (Sullivan Cotter) is completed every year by AHS Hospital Corp, a related organization. The most recent survey was conducted in 2024.”

“Currently the Chilton Medical Center Foundation, Inc. retains copies of the filed Form 990 for the last three years and Form 1023 with the senior management's assistant. Public disclosure of these Form 990's can be made at any time at each of the organization's sites. In addition, the Form 990 is posted on the website "www.foundationcenter.org and "guidestar.org".”

“The organization does not currently make its financial statements open to public disclosure but the statement of financial position is available by accessing the Form 990 from the website. The governing documents and conflict of interest polices are not currently made available to the public.”