Fred Hutchinson Cancer Research Center

“Bruce clurman, steve stadum, fred appelbaum, nancy davidson and carl behnke have business relationships. Each named individual serves as fred hutch board members or officers, and these individuals are also current board members or officers of seattle cancer care alliance.”

“Under the center's bylaws, the audit committee reviews internal and external audit reports and form 990 and all related schedules and forms making recommendations to the board concerning these matters. Fhcrc's leadership and finance team work closely with the outside accounting firm fhcrc engages to prepare the form 990. The draft form 990 is formally reviewed internally prior to providing it to the audit committee. The audit committee consults with leadership, the finance team and other persons the audit committee may designate to review the draft form 990. Subsequent to its review, the audit committee reports to the board regarding its oversight of form 990. The final draft is provided to the full board prior to filing the return.”

“The executive committee of the board is responsible for monitoring conflicts of interest involving trustees or the president & director of the center. The president & director of the center is responsible for monitoring conflicts of interest involving other officers, scientific staff and other key personnel designated by the president & director. Under the fhcrc conflict of interest policy and related guidelines, an annual conflict of interest disclosure document aimed at determining family and business relationships and transactions that constitute a conflict of interest under the policy, is distributed to and must be completed by all covered persons. Disclosures by trustees and the president & director are reviewed by the office of the general counsel who reports any conflicts to the executive committee with recommendations on appropriate terms for a conflict management plan. Conflict management plans for trustees and the president & director are reviewed and approved by the executive committee and signed by the person with the conflict of interest and the chair of the board. Disclosure by members of the scientific staff, officers other than the president & director and other key personnel designated by the president & director are reviewed by the office of the president & director, the office of the general counsel, and the director of the division in which the person has his or her primary appointment or responsibilities. If a conflict is determined to exist under the policy a written conflict management plan is recommended by the office of the general counsel and approved and signed by the office of the director, the office of the general counsel and the division director as well as the person who has the conflict. Conflict management plans are designated to manage, reduce and eliminate conflicts to prevent bias, improper influence, or misuse of fhcrc or government resources. The conflict management plans for trustees usually require the affected trustee to recuse himself or herself from voting on any matters involving the affected transaction or relationship although he or she is allowed to provide factual information if requested by the board of the executive committee. All transactions requiring board or committee approval must be approved by a majority of disinterested persons. Conflict management plans involving scientific staff, officer or other key personnel usually impose one or more of the following conditions or restrictions: 1) public disclosure of the interest, 2) monitoring of research by independent reviewers, 3) modification of the research plan, 4) disqualification from participation in all of or a portion of the research by the person with the conflict of interest, 5) divesture of the interest, 6) severance of the relationship creating the conflict of interest.”

“Compensation for the president & director is determined and approved by the board compensation committee. The compensation of other officers and key personnel at fhcrc is determined by the president & director subject to ratification by the compensation committee. The compensation committee has developed, consistent with the organization's philosophy and principles, guidelines for determining compensation and benefits. The compensation committee also hires a qualified independent compensation specialist ("independent expert") that conducts a complete market analysis every two years including a review, analysis and benchmarking of the total compensation packages of all officers and key employees. Appropriate comparability data is obtained from the independent expert. The data from the analysis is updated every "off" year. No person with a conflict of interest may participate in determining or approving any executive compensation. Meetings of the compensation committee are documented in minutes which are approved at the next committee meeting. The complete market analysis was last undertaken in november of 2016.”

“While federal tax laws do not mandate that the organization's governing documents, conflict of interest policy and financial statements be made available for public inspection, the organization makes these documents available upon request.”

“More than 1,500 volunteers give fred hutch one of the greatest gifts - their time. Volunteer opportunities range from serving on a fred hutch guild or event planning committee, helping at fundraising events, sending thank you notes to supporters, and much more.”