Cedars-Sinai Health System

“The organization's form 990 undergoes a comprehensive review process. The review involves a big four accounting firm, cedars-sinai medical center's chief legal officer and vice president of finance/associate chief financial officer, and the organization's treasurer/chief financial officer. A complete, unredacted copy of the form 990 is provided to all members of the board of directors in advance of a board meeting where the form 990 is presented, allowing the entire board the opportunity to review and discuss the information reported before the form 990 is filed.”

“The cedars-sinai health system (cshs) conflict of interest policy is a board-approved policy. Conflict reporting is required through the office of the president/ceo, who reports to the board on coi-related matters. The policy applies to cshs directors, officers, committee members, and senior executives. These individuals are required to complete an annual conflict of interest disclosure questionnaire and provide disclosure of activities undertaken between annual disclosures. Conflict of interest questionnaires are distributed annually and the office of the president or his/her designee follows up with any person who does not complete and return the questionnaire in a timely manner. All disclosures made are reviewed by the vice president of corporate integrity for completeness and to identify actual or potential conflicts of interest. The vice president of corporate integrity works with the office of the president or his/her designee to perform any necessary diligence and identify strategies for managing any identified conflicts. Management generally involves separation of the interested person from any involvement, management or decision-making with respect to the matter giving rise to the conflict, disclosure to the board of directors, and other actions to ensure the identified conflict is sufficiently addressed in a manner that ensures that the transaction that gives rise to the conflict is fair and reasonable to cshs and consistent with fair market value. In the case of a board member with an identified conflict, that board member is precluded from participating in any deliberations or decisions regarding the transaction that gives rise to the conflict.”

“The conflict of interest policy and governing documents are not available to the public and the organization's audited consolidated financial statements are attached to its supported organizations' forms 990.”

“Transfer to affiliates 8,490,111.”

“The organization's financial statements were audited on a consolidated basis with its subsidiary organizations for fiscal year ended june 30, 2024. The oversight of the audit was performed by cedars-sinai medical center's audit committee.”