Ecmc Foundation Inc

“The form 990 is prepared by an independent accounting firm. The executive committee and full board review the form 990 prior to submission to the irs.”

“Each director, officer, and member of a committee with governing board-delegated powers is required to annually sign a statement which affirms that such person has received a copy of the conflict of interest policy, has read and understands it, agrees to comply with the policy, and understands that the foundation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Periodic reviews are undertaken to ensure that the foundation operates in a manner consistent with charitable purposes. An outside advisor may or may not be used to conduct these reviews.”

“The process for determining compensation for the executive director includes an annual review with the board chairman and erie county medical center corporation's ceo, followed by discussion between board chairman and the board executive committee. During an executive session following the discussion, there is a motion and approval of increase, bonus, changes in contract terms, etc. These are then presented by the board chairman to the executive director and followed with a letter to the financial analyst/payroll for changes, and a copy to the personnel file. The executive director also receives a copy.”

“The organization's form 990 and governing documents are available upon request for the same period of time as set forth in internal revenue code section 6104(d).”

“Several board members are employees of erie county medical center corporation, a related organization. None of these individuals are paid for their service as a board member.”

“On behalf of the hospital ("ecmc"), the ecmc foundation raised, held, and administered funds that were invested into achieving the highest quality of healthcare and trauma care for patients, regardless of their race, gender, ethnicity, income, or insurance status. Such funds were utilized for free healthcare programs, wellness seminars, and community outreach programs in the city of buffalo and western new york. Ecmc foundation's mobile mammography coach is an example of a healthcare/educational/wellness program for women that has benefited from the financial resources that have been raised by ecmc foundation. The mobile screening program travels to off-site locations and offers free walk-on screenings for women, regardless of their insurance status, in addition to breast health education. Ecmc foundation's summer youth healthcare internship program is another example of how funds raised by ecmc foundation have contributed to improving health care education for young citizens. The internship allows high school students to explore careers in medical fields and the health sciences while receiving mentoring by healthcare professionals in a hospital setting. Each year the summer youth program has 120 youth participants. Ecmc foundation's funds have also contributed to advancements that have been made in hospital staff training programs and employee education seminars. Ecmc foundation periodically provides financial and adminstrative support for capital improvements at ecmc, including innovations in technology, medical equipment, and safety for hospital patients and employees. Ecmc foundation's ability to administer donor requests and/or hospital needs has helped ecmc become one of the leading public hospitals in the city of buffalo and western new york community.”

“Fundraising expense netted against revenue 1,519,864 fundraising expenses netted against income -1,519,864”