Stacy Mark Reed Foundation Inc

“Lucy webb hayes national training school for deaconesses and missionaries d/b/a sibley memorial hospital, a irc 501(c)(3) tax exempt organization, is the sole corporate member of stacy mark reed foundation, inc.”

“Lucy webb hayes national training school for deaconesses and missionaries d/b/a sibley memorial hospital, the irc 501(c)(3) tax exempt supported organization of stacy mark reed foundation, inc. Has certain reserved powers, including appointment of the stacy mark reed foundation board. The six stacy mark reed foundation trustees are a subset of the sibley memorial hospital trustees.”

“The governing body of stacy mark reed foundation, inc. Is empowered by its by-laws to make certain decisions; all other decisions are subject to approval of the parent organization sibley memorial hospital. The stacy mark reed foundation may make grants only at the request of sibley memorial hospital and is prohibited from competition with sibley memorial hospital.”

“A copy of the form 990 is provided electronically to the organization's governing body before it is filed. The form 990 is provided to the organization's trustees and appropriate officers, who are given the opportunity to ask questions and provide feedback before the form 990 is filed.”

“The conflict-of-interest policy is a part of the annual disclosure statement process. All officers, directors, trustees, and key employees are required to report any conflicts of interest and to comply with the conflict-of-interest policy. Conflicts of interest are determined at a health system level and include the organization and all of its affiliates. The organization's legal department is responsible for reviewing all of the actual or potential conflicts of interests and for determining appropriate action to eliminate or manage the conflict of interest. If a conflict arises, the affected member must (1) refrain from any attempts to either directly or indirectly influence the decision making process in which there exists a potential for conflicts of interest; (2) refrain from participating in any discussions leading to the approval or disapproval of the transaction creating the conflict, except to disclose material facts relating to the confict; and (3) abstain from voting on the transaction creating the conflict or transmitting any other opinion, including not being present in the room when the vote is taken, unless the vote is by secret ballot. Furthermore, the organization's intermediate sanctions transaction review committee reviews and determines whether a proposed transaction between a trustee, officer, key employee or disqualified person and the organization would create an excess benefit to such trustee, officer, key employee or a disqualified person, or whether such proposed transaction qualifies for a rebutable presumption against excess benefit.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request”