Bethesda Inc

“In may 2024, bethesda, inc. Amended its articles of incorporation in order to update its purposes as well as to identify the organizations that it supports exclusively which are bethesda hospital, inc. And bi3 fund collectively, the "publicly supported organizations". This also includes the publicly supported organizations' respective successors, and organizations controlled by the publicly supported organizations (together with the publicly supported organizations called the "supported organizations") so long as the supported organizations are exempt from federal income taxation under section 501(a) of the code and are described in section 501(c)(3), and either section 509(a)(1) or section 509(a)(2) of the code. Notwithstanding the foregoing, bethesda, inc. May substitute an organization or organizations described in section 501(c)(3), and section 509(a)(1) or section 509(a)(2) of the code for the publicly supported organizations and may operate for the benefit of new or additional organizations described in section 501(c)(3), and section 509(a)(1) or section 509(a)(2) of the code, as long as each such organization for which such substitution or addition is made has the same purpose or purposes as the publicly supported organizations. The articles of incorporation also were amended to indicate that bethesda, inc. Is not empowered to operate to support or benefit any organization or organizations other than the supported organizations. Finally, the articles of incorporation were amended to remove the recipient of bethesda, inc.'s assets upon dissolution from the west ohio conference of the united methodist church to bi3 fund or its successor. Besides the articles of incorporation, bethesda, inc. Amended its bylaws to indicate that it supports its publicly supported organizations, including bi3 fund, as set forth in its articles of incorporation. Also, all trustees must be willing and able to serve as members of the board of directors or committees of any of bethesda, inc.'s supported organizations, including, but not limited to, bi3 fund, as required to ensure compliance with bethesda inc.'s status as a supporting organization under section 509(a)(3) of the internal revenue code of 1986, as may be amended from time to time. Finally, with the establishment of bi3 fund, bethesda, inc. Eliminated its bi3 committee.”

“The members of bethesda, inc. Are those persons who, at any time, are the duly elected and acting trustees. Each person taking office as a trustee shall become automatically a member of bethesda, inc., and each person ceasing for any reason to be a trustee shall, at the same time, cease to be a member.”

“The members of bethesda, inc. Are those persons who, at any time, are the duly elected and acting trustees. Each person taking office as a trustee shall become automatically a member of bethesda, inc., and each person ceasing for any reason to be a trustee shall, at the same time, cease to be a member. The members of bethesda, inc. Shall be entitled to vote in the election of the board of trustees, in the election of members, and in any other matters provided for in the code of regulations ("bylaws") or by law to be acted upon by the members of bethesda, inc.”

“As the current board of directors represent the members of bethesda, inc. All decisions are subject to approval by the members.”

“Prior to filing, all voting members of the board are provided an electronic copy of the form 990, after review by the finance and audit committee of the board, along with the committee's summary of the form 990. Subsequent to board review, the returns are filed making non-substantive changes as necessary to effect e-filing. Any such non-substantive changes are not submitted to the board.”

“All board members are required to annually disclose certain financial interests and fiduciary relationships. The executive committee and corporate counsel review responses, conduct further investigation (if necessary), and determine when a conflict exists with respect to a certain transaction. If a conflict exists, the transaction is not to be entered into unless alternatives are fully investigated, and in their absence, the board, without the participation of the interested member(s), determines that the transaction is in the best interest of the organization. Plans to manage the conflict during the relationship are implemented. All discussions are appropriately documented. All directors and managers, which include officers and key employees, are required to annually disclose any circumstances, including family and business relationships, that may create a conflict of interest for the organization. These responses are reviewed and acted upon by a conflict of interest committee.”

“Bethesda, inc.'s governing documents, conflicts of interest policy and financial statements are available upon request.”

“The officers and directors for bethesda, inc. That show at least 60 hours per week, excluding the vp-treasury/investment services, provide services to trihealth, inc. (a related organization who paid the individuals) and its subsidiaries/affiliates ("trihealth") as an entire system. Hours worked, including their duties as officers and directors of the filing organization, are not tracked on an entity by entity basis, thus the average hours per week disclosed are estimates to show that the time spent by these individuals relate to them fulfilling their duties as full-time, 60 hours-per-week employees of trihealth versus their duties as officers and directors of the filing organization. In addition, the compensation reported on form 990, part vii was paid to these individuals in fulfillment of their duties as employees of trihealth. Directors (as noted with a "med staff pres" reference) for bethesda hospital, inc. Serve on the board in their capacity as medical staff president for either bethesda hospital, inc. Or the good samaritan hospital of cincinnati, ohio. Compensation shown is for his/her duties as medical staff president of the respective hospital and not for serving as a director.”

“The board of trustees of bethesda, inc. ("the corporation"), established an executive committee which may transact all business of the board in the management of the corporation during the period between meetings of the board. It shall act in all personnel matters involving executive personnel including search, selection, employment, compensation, contracts and benefits and it shall assist the board in planning and developing activities or services to further the purposes of the corporation and to assist the community. The executive committee shall consist of the chairperson of the board, past chairperson, the vice chairperson, the president, secretary and treasurer (each with ex officio with vote), and two other members of the board selected by the chairperson of the board.”

“Bethesda, inc.'s focus is to collaborate with or fund local projects that can provide long-term, systemic solutions that improve how healthcare is provided. Outcomes would include reducing healthcare costs and enhancing the health of the community by enabling people to become more engaged in their own healthcare management.”

“During the fiscal year, bethesda, inc. Established a whole-owned subsidiary, bi3 fund which has been recognized by the internal revenue service as exempt from federal income tax under internal revenue code section 501(c)(3). Bi3 fund was established to have the responsibility, which once belonged to bethesda, inc., to award grants to improve maternal and young child health, promote mental health and wellbeing, and support community-driven health priorities.”

“For over 100 years, bethesda inc., as parent to bethesda hospital, inc., has been a leader in developing, supporting and providing comprehensive health care services and innovative solutions to transform how health care is delivered in the greater cincinnati community. Since 1995, bethesda inc. Has been one of two joint sponsors of trihealth, inc., an integrated health delivery network that includes bethesda north hospital, good samaritan hospital, hospice of cincinnati, and other physician, fitness and wellness offerings, occupational health, community outreach, home health and ambulatory services. In addition, bethesda inc. Focuses on collaborating with and/or funding local projects that provide long-term, systemic solutions that improve how health care is provided in the greater cincinnati area. Outcomes may include reducing health care costs and enhancing the health of the community by enabling people to become more engaged in their own healthcare management. Finally, bethesda, inc. Supports its subsidiaries by helping them ensure strategic alignment with the purpose of achieving the overall mission to provide the community with exceptional healthcare.”

“Contributed capital from subsidiary 2,000,000. Refund of prior year unspent grant funds 60,704.”

“The financial statements of bethesda, inc. Are audited with its subsidiaries. Bethesda, inc. Has a committee that assumes the responsibility for oversight of the audit of both its and its subsidiaries financial statements as well as the selection of the independent auditor. During the tax year, there was not a change in the process of audit oversight and/or selection of an independent auditor by bethesda, inc.”