Park Nicollet Foundation

“The nominees to the board of directors of the foundation must be approved by the members of the board of directors of park nicollet health services before they stand for election by the foundation board.”

“Highly significant governance decisions as specifically identified in the bylaws, such as incurring debt and dissolution of the corporation, are subject to the approval of the board of directors of park nicollet health services.”

“The foundation's 990 return has a comprehensive review process that is followed before it is presented to the governing body of the foundation. The review process includes a layered review by the tax department of group health plan, inc. (ghi), the management team of the foundation, ghi's internal legal department and the foundation's outside independent accountants. Each one of those areas has an opportunity to review, ask questions and make comments back to the tax department of ghi before the form 990 is completed and presented to the governing body of the foundation. The foundation makes available to the governing body (board of directors) a copy of the 990 for review and comment prior to the filing of the 990 return. This copy is provided in a pre-meeting packet, and is an agenda item at a meeting of the full board of directors. This process is noted and documented in the written minutes of the meeting”

“The foundation board monitors potential conflicts of interest on the part of its board members, principal officers, members of committees with board delegated powers, and key employees ("covered persons") by maintaining a conflict of interest policy. Under the policy, covered persons annually are provided with a copy of the policy and asked to complete a questionnaire identifying any potential conflicts of interests. The legal department of healthpartners reviews the questionnaire responses and develops a report detailing any potentially material conflicts for the executive director and chair of the board. A verbal summary is also given to the full board or appropriate committee ending with a reminder to covered persons of the policy's mandate that each person is obligated to disclose any new potential conflicts as they may arise throughout the year. Board agendas and executive decisions are monitored in relation to this policy.”

“The foundation has no employees and does not pay compensation. All officers and key employees are paid by park nicollet health services, park nicollet methodist hospital, park nicollet clinic, and group health plan, inc. Related organizations. Any compensation disclosed is paid and determined solely by the related organizations. Therefore, part vi, section b, question 15 is not applicable to park nicollet foundation.”

“The foundation's financial statements and 990 returns are made available to any person who requests the information from the foundation or healthpartners. The foundations articles of incorporation are available to any person who requests the information through the minnesota secretary of state's office. The foundation's conflict of interest policy which is the same as that of its related organizations, healthpartners, inc. And ghi can be viewed through the healthpartners.com website.”

“Corporate structure, purpose, governance the park nicollet foundation (foundation) is a subsidiary of park nicollet health services (pnhs), a minnesota nonprofit corporation recognized as exempt from federal income tax under internal revenue code ("irc") section 501(c)(3). Pnhs is the parent organization to an integrated care system that includes park nicollet methodist hospital (hospital), park nicollet clinic (clinic), park nicollet health care products (products), the park nicollet foundation and tria orthopedic center (tria). Pnhs is a nonprofit, integrated care delivery system. It is staffed by nationally recognized hospital and clinic doctors, clinical professionals, nurses, and other team members who help patients stay healthy and take care of them when they are sick. Pnhs is part of the healthpartners organization, "healthpartners." founded in 1957, healthpartners is an integrated health care organization, providing health care services and health plan financing and administration, and is the largest consumer-governed nonprofit health care organization in the country. Healthpartners' mission is to improve health and well-being in partnership with our members, patients and community. Healthpartners seeks to transform health care through a relentless focus on the triple aim - providing exceptional experience for the individual, improving the health of the population, and maintaining affordability. Healthpartners, inc. (hpi) is a minnesota nonprofit corporation and licensed health maintenance organization (hmo) recognized as exempt from federal income tax under internal revenue code (irc) section 501(c)(4) and is the parent entity of healthpartners organizations referred to collectively as "healthpartners". Healthpartners includes an array of tax-exempt and taxable organizations. Healthpartners provides a full range of health care delivery and health plan services including insurance, patient care, administration and health and well-being programs. Healthpartners health plans serve more than 1.8 million medical and dental members nationwide. Healthpartners medical care system includes more than 1,800 employed physicians and dentists, eight owned hospitals with over 1,000 acute care beds, over 129 primary and specialty care medical facilities and dental facilities with practices in minnesota and western wisconsin serving more than 1.27 million patients. Healthpartners health plans contract with other primary and specialty medical facilities and dental facilities, physician groups, hospitals and related healthcare providers to serve plan members. Healthpartners also provides medical education and training to medical professionals and conducts research and fundraising activities that support the health care delivery system. Healthpartners collaborates with other plans, care providers and other community and business organizations in the region and throughout the nation to increase access, create and share quality measures and initiatives, participate in development of public policy, and collaborate in improvements that support the triple aim. Among healthpartners' signature initiatives continuing in 2020 are total cost of care measurements (a nationally recognized metric, endorsed by the national quality forum, enabling measurement and incentives based on coordination and evidence-based practices), mental health (reducing stigma, and assuring access to high quality care in the most appropriate settings), children's health (improving child health by promoting early brain development, providing family centered care, and strengthening communities), and sustainability (energy efficiency, waste reduction, and resource management). A complete listing of all organizations within healthpartners, and the relationship between them, can be found on schedule r within this 990 return. Detailed information about the community benefit activities and accomplishments of each tax-exempt organization can be found in the individual form 990 ret”

“Gift in kind contributions -110,313.”

“The foundation derives a portion of its grant revenue from special events fundraisers, therefore, all of the expenses associated with these special event fundraisers are reported on form 990, part viii. The foundation has no employees, thus any other fundraising activity is performed by employees of park nicollet methodist hospital, a related tax exempt organization. These expenses are recorded on the related entity's form 990, part ix.”