Regenstrief Institute Inc

“Before filing the Form 990, a copy of the 990 is provided to the audit and finance committees for their review. These committees include representation from the company's board, the company's officers and others with finance backgrounds. The Form 990 is also reviewed by an independent accounting firm.”

“The conflict of interest policy is distributed at the fall (September) board meeting. All board members are asked to complete annually. The CEO and President, COO, and CFO also sign the COI. The internal privacy and compliance officer reviews the signed copies and tracks if a conflict arises when considering a proposed transaction or arrangement. If it is determined that a board member has a conflict of interest, the board member would be excused from discussion and voting on that issue.”

“Indiana University compensates the organization's President and CEO. A joint committee comprised on Indiana University School of Medicine and Regenstrief Institute Board of Directors who have knowledge and expertise in determining the fair market value of the services provided to the organization determines the President and CEO's compensation.”

“Administration and Human Resources leadership, including Senior Human Resources Director Candace Wells-Meyers, conducts annual bench-marking along with reviewing and approving of the budget to determine compensation of other officers or key employees.”

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

“The directors that are not treated as independent are representatives of the corporation's supported organizations within the meaning of the code section 509 (A)(3). These directors serve the corporation in a voluntary capacity and receive no compensation from the corporation for their services as a director or officer of the corporation. IN addition, their compensation with the supported organization is not determined with reference to their responsibilities for, or on behalf of, the corporation. In sum, their role as directors of the corporation is for the express purpose of ensuring that the corporation is responsive to the needs of its supported organizations.”

“Regenstrief Institute, Inc. requested that board members compensated by Indiana University, a related organization, report compensation received from Indiana University. The board members compensated by Indiana University include: Jay Hess, Tatiana Foroud, Rachel Patzer, Phaedra Corso, Lisa Harris, and Sarah Wiehe.”

“(Expenses $ 2,752,757 including grants of $)(Revenue $ 682,547) Center for Health Services Research - Improve the delivery and outcome of healthcare through innovative use of health informative, technically, and transdisciplinary research across multitude of settings.”

“(Expenses $ including grants of $)(Revenue $ 540,170) IU Institute Support & IU Share Support”

“(Expenses $ including grants of $)(Revenue $ 499,830) Miscellaneous Revenue”

“Total Purchased Services - Total Expense: 5445132, Program Service Expense: 4406813, Management and General Expenses: 1038319, Fundraising Expenses: ; Faculty Service Cost - Total Expense: 938015, Program Service Expense: 938015, Management and General Expenses: , Fundraising Expenses: ;”

“Other fees for services on line 11g includes amounts paid to Indiana University, a related organization, for the use of Indiana University employees for various Regenstrief Institute, Inc. projects, including: IT services, email services and servers.”