Transplant Foundation

“The sole member of the Foundation is the Greater Delaware Valley Society of Transplant Surgeons (d/b/a Gift of Life), an affiliated entity.”

“The board of Gift of Life, an affiliated entity, appoints the Transplant Foundation Board of Directors.”

“The Foundation's sole member, Gift of Life (an affiliated entity), has the authority to approve the following: 1) Borrow money under terms which provide for a repayment period of at least twelve months; 2) Undertake any capital expenditures in excess of $30,000 and any capital expenditures involving related projects which, in the aggregate, exceed $100,000; 3) Authorize any fundamental changes to the Foundation, including the adoption of a plan of dissolution of the Foundation; the adoption of a plan of merger, consolidation, division, conversion or affiliation with another entity; and any change to the current Foundation corporate organizational structure; 4) Authorize and designate officers of the Foundation to execute a deed of assignment for the benefit of creditors; file a voluntary petition in bankruptcy; file an answer consenting to the appointment of a receiver; or file an answer to an involuntary petition in bankruptcy; and 5) Organize or acquire any subsidiary or affiliate. Also, any amendment or repeal of the Foundation's bylaws shall be subject to the approval of Gift of Life.”

“FORM 990 WAS distributed to THE GOVERNING BODY AT A BOARD MEETING PRIOR TO FILING.”

“BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY; DISCLOSE ANY POSSIBLE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIP THAT WOULD GIVE RISE TO A CONFLICT OR APPEARANCE OF A CONFLICT; AND ACKNOWLEDGE BY SIGNING THE POLICY THAT HE/SHE IS ACTING IN ACCORDANCE WITH THE LETTER AND SPIRIT OF THE POLICY. These signed statements and disclosures are reviewed by the organization's vice president of administration and general counsel. BOARD MEMBERS MUST REFRAIN FROM VOTING ON ANY TRANSACTION OR OTHER MATTER IN WHICH THE MEMBER HAS A CONFLICT OF INTEREST. MEMBERS MUST ALSO REPORT PROMPTLY TO THE BOARD CHAIRPERSON AND PRESIDENT/CEO ANY FUTURE SITUATION IN WHICH A POSSIBLE CONFLICT OF INTEREST MIGHT ARISE.”

“COMPENSATION IS PAID BY A RELATED ORGANIZATION. At the related organization, compensation is determined annually by a committee of the board which is comprised of independent persons. AN INFORMAL PAIRED COMPARISON RANKING AMONG EXISTING GIFT OF LIFE DONOR PROGRAM JOBS COMBINED WITH MARKET-BASED WAGE DATA (WHEN AVAILABLE) IS USED. A periodic review performed every two years with an independent compensation consultant is also conducted.”

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

“Transplant Foundation is an affiliate in a group, including the Gift of Life Donor Program ("GLDP," EIN: 23-7388767) and the Transplant House (EIN: 26-0585694), of which GLDP is considered a common pay agent for W-2 reporting. GLDP reports all employees on its form W-3; however, each affiliate has employees allocated to that entity. Per IRS instructions, employees listed on Part V, line 2a are those who have been deemed to be employees of this organization. THE SALARY EXPENSE AND BENEFITS REPORTED IN PART IX OF FORM 990 ARE AN ALLOCATION FROM GLDP.”