Kvc Foundation Inc.

“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.”

“Kvc behavioral healthcare nebraska, inc., kvc behavioral healthcare kentucky, inc., kvc hospitals, inc. And kvc niles, inc. Kvc takes its responsibility for the provision of quality services to heart as well as its responsibility for efficient use of funds. Funds raised allow kvc to innovate in real time, to be agile, to rise to occasions of great need or crisis in the very moment children and families need us most.”

“Intercompany transfers $ (60,000)”