Lutheran Medical Center Community Foundation Inc

“Two or more persons listed in this form 990 part vii have a business relationship with each other by virtue of concurrently serving on one or more boards of directors/trustees or by serving in an employment relationship on one or more entities within the lutheran affiliates”

“A copy of the form 990 was provided to each of the foundation's five board of directors. The form 990 was reviewed by each individual for completeness and accuracy and comments were provided to the organization's return preparer. The form 990 was not required to be presented at a formal board meeting as the board's composition is so small. The form 990 was finalized and filed after each board member reviewed its content.”

“The foundation operates under the conflict of interest policy of its supported organization, lutheran medical center. All foundation board of directors members are expected to comply with the medical center's conflicts of interest policy. Each board member completes an annual questionnaire disclosing potential conflicts.”

“The taxpayer makes its form 990 and form 1023 available to the public by retaining a copy of each at its head offices at 150 55th street, brooklyn, ny 11220. Any individual requesting a copy of these documents is provided that copy on the same business day. The organization's form 990 is also available for public inspection on www.guidestar.org. The organization's financial statements and governing documents are available to the public upon request, and at management's discretion.”

“Organization's mission the organization's primary exempt purpose is to provide financial support to projects that promote the health of individuals residing in the community served by lutheran medical center.”

“Lutheran medical center community foundation is included in a combined audited financial statement for the year ending december 31st, 2013. The combined financial statements are prepared in accordance with generally accepted accounting principles in the united states of america ("gaap"). The combined financial statements include the accounts of lutheran medical center and all of its affiliated organizations. Per the instructions to the form 990, the organization is required to respond "yes" to part iv, question 12b if the organization is part of a consolidated financial statement. Since selecting "yes" to this question may be misconstrued, lutheran is attaching this explanation to its form 990.”