The Methodist Hospitals Foundation Inc

“The methodist hospitals, inc. Is the sole corporate member of the foundation.”

“The corporate member has the ability to appoint and replace board members.”

“The foundation's board of directors may not authorize any committee to do any of the following. The corporate member reserves these governance decisions: a) adopt a plan for the distribution of the assets of the corporation, or for any dissolution; b) fill vacancies on the board or on any of its committees; c) elect, appoint or remove any officer or director or member of any committee, or fix the compensation of any member of a committee; d) adopt, amend or repeal the bylaws or the articles of incorporation; e) adopt a plan of merger or adopt a plan of consolidation with another corporation or authorize the sale, lease, exchange, mortgage, pledge or transfer of all or substantially all of the property or assets of the corporation; or, f) amend, alter, repeal or take action inconsistent with any resolution or action of the board of directors unless the resolution or action of the board of directors provides by its terms that it may be amended, altered or repealed by action of a committee”

“The form 990 is reviewed by the board of directors prior to filing.”

“At the beginning of each calendar year, each director, officer, and employee signs a statement acknowledging that they have received, read, understand, and agrees to comply with the conflict of interest policy.”

“Documents are available upon request.”

“The foundation staff are employed by the methodist hospitals, inc. And an annual review is performed for officers and other key employees by the hospital. Comparability data and market comparisons including compensation surveys and form 990 information from other organizations is used as part of the compensation determination process. The compensation approach, process, and data are thoroughly discussed in the hr and governance committee meetings and the review and approvals are documented throughout the process.”

“Compensation reported for executive director judy lindsey has been paid by a related organization and common paymaster, the methodist hospitals, inc. Ein 35-0868133. Since all services performed by this individual were for the methodist hospitals foundation, inc., the compensation has been reported in column d as if paid by the filing organization. The methodist hospitals, inc. Has complied with payroll filing requirements.”