Pgh Development Corporation

“The trustees of the university of pennsylvania and the children's hospital of philadelphia are the members of pgh development corporation.”

“A copy of this return was reviewed with the audit, compliance, and risk committee of the boards of chop and the children's hospital of philadelphia foundation before the return was filed. Before the return was filed, the form 990 was also made available to all members of the organization's governing body.”

“The children's hospital of philadelphia maintains a robust conflict of interest program and has a written conflicts of interest (coi) policy applicable enterprise-wide, including the hospital and its affiliates. The policy requires the submission of annual conflict of interest disclosures by trustees and officers of the hospital and its affiliates, members of senior management, members of the medical staff, researchers, and many others employed by or affiliated with the hospital and its affiliates. The annual disclosures cover information regarding gifts, outside interests, outside activities and other matters that may constitute a potential, perceived or actual conflict of interest, and require a certification that the respondent has read the coi policy and answered fully, accurately and to the best of respondent's knowledge. The disclosures are tracked and reviewed by the office of compliance and privacy (ocp). The disclosures submitted by trustees, officers, and members of senior management (including key employees) are reviewed by the ocp and the office of general counsel (ogc) and summarized in presentations distributed to, and reviewed by, the members of the audit, compliance and risk committee of the hospital and foundation boards. Summary information about others' compliance with the requirement for submission of annual disclosures is provided annually to the audit, compliance and risk committee of the boards. Where appropriate, written coi management plans are put in place and compliance with the management plans is regularly monitored by the ocp.”

“All individuals reported on part vii are paid by related organizations.”

“Form 990 and financial statements are made available upon request. The conflicts on interest policy is available on the children's hospital of philadelphia's website.”

“The organization was formed for the purpose of developing and servicing certain access areas, common grounds, and parking facilities for healthcare and research facilities.”

“Other changes in net assets or fund balances transfer to/from affiliates: 649,600 total 649,600”