Kvc Foundation Inc.

“B. Wayne sims, david ball, bill self, anne roberts and paul klayder have business relationships.”

“Kvc health systems, inc., a kansas not-for-profit corporation, is the sole member of kvc foundation, inc. Kvc health systems, inc. Is designated as the sole member; kvc health systems, inc. Continues to qualify as a "qualified organization" as described in section 501(c)(3) and sections 509(a)(3) of the irc. Kvc health systems, inc. Has the right to change the number of directors, to appoint and elect and remove the members of kvc foundation, inc.'s board of directors. Kvc health systems, inc. Has the power to approve significant decisions of kvc foundation, inc. Kvc health systems, inc. Is not entitled to receive a share of kvc foundation, inc.'s profits. Kvc health systems, inc. Is entitled to kvc foundation, inc.'s net assets upon dissolution.”

“Kvc health systems, inc. Being the sole member of kvc foundation, inc. Has the right to elect all members of the board of directors.”

“The corporate bylaws of kvc foundation, inc. Identify certain rights and powers which are reserved to kvc health systems, inc. The sole member. In each instance, the rights and powers reserved to the sole member may be summarized as follows: 1. Board of directors - the sole member has the power to elect the board of directors, remove directors, and change the number of directors. 2. Articles of incorporation and bylaws - kvc foundation, inc. Articles of incorporation and bylaws may be amended by the sole member. 3. Annual budgets - the sole member has the power to approve or disapprove annual budgets adopted by the board of directors and to establish levels of approval authority for kvc foundation, inc. 4. Dissolution or liquidation - the sole member has the power to approve in advance any proposed dissolution and/or liquidation of kvc foundation,inc.”

“An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's officers and accounting personnel. Any questions or concerns the organization's officers and accounting personnel have are addressed and any corrections or clarifications that need to be made are made. The final form 990 with all required schedules is then provided to all voting members of the board prior to filing the 990.”

“Each year board members and officers fill out a packet that details any conflicts of interest. If any conflicts exist, the board member with the conflict does not participate in the discussion or vote on the issue involving the conflict.”

“The organization's governing documents and conflict of interest policy are available upon request to the accounting managers. Financial statement information that was used to prepare the 990 is available at www.guidestar.org.”

“The four executive officers (chief executive officer, chief operating officer, chief financial officer, and chief clinical officer) oversee and perform duties for all of the companies in the consolidated group of kvc health systems. The following are the percentages of each company's divisional budgets to the consolidated budget, which represents the relative percentage of time spent by the executive officers: - kvc behavioral healthcare, inc. 60% - kvc behavioral healthcare west virginia, inc. 4% - kvc health systems, inc. 7% - kvc behavioral healthcare kentucky, inc. 7% - kvc behavioral healthcare nebraska, inc. 7% - kvc hospitals, inc. 14% - kvc real estate holdings, inc. <1% - kvc foundation, inc. <1%”

“Compensation amounts for b wayne sims, anne roberts, and paul klayder includes vesting of a three year deferred compensation plan related to retirement plan funding.”

“In february 2014, all of kvc real estate holding's assets and operations were transferred to kvc foundation, inc. See part iii, line 4b for details.”

“Line 4a in its effort to continually "raise the bar" in services to children and families, the ability to provide support as necessary is invaluable. Building families capital campaign: kvc has initiated the building families capital campaign to raise six million dollars to fund the creation of an institute for practice improvement and innovations in child and family services. This institute will provide the foundation for continued research and expand kvc's ability to support research and effective implementation. Through this institute, kvc can propel proven initiatives into direct service, taking them to scale much more quickly than currently occurs, to the benefit of thousands more children and families each year. Line 4b besides supporting kvc's family, staff and professional education events, the use of its ball conference center is often underwritten or subsidized as a training venue for other related community based, non profit organizations.”

“Intercompany transfers $ 7,186,068”