San Antonio Hospital Foundation Inc

“San antonio regional hospital, a related organization, has a compliance officer who reviews the organization's compliance policies, including its conflict of interest statements and document destruction and retention policies at least annually. The organization's board has a meeting every january. At the annual meeting, conflict of interest statements are distributed to all board members and officers, and subsequently collected by the organization's compliance officer. The cfo, who attends all board meetings, also reviews the board conflict of interest statements. If a new potential conflict of interest arises during the year, a new conflict of interest statement is signed. If a potential conflict of interest exists during a board discussion the board member is required to state the conflict and abstain from any related board votes. Board minutes reflect these abstentions. At least once each year, the organization's compliance officer provides a verbal compliance update at the board meeting and reminds board members of their duty to disclose potential conflicts of interest. The organization follows a similar annual procedure for members of its executive management and department directors, including at least annual compliance education session. The compliance program described also extends to the foundation.”

“Although the board of the foundation has not formally adopted a written document retention policy, the board of the parent organization, san antonio regional hospital, has adopted it and it is considered to apply to the foundation.”

“Although the board of the foundation has not formally adopted a written whistleblower policy, the board of the parent organization, san antonio regional hospital, has adopted it and it is considered to apply to the foundation.”

“San antonio regional hospital, a related organization, has an executive compensation program that is directed by the compensation committee of the board. The organization has developed and approved a formal executive compensation policy that currently covers the president of san antonio hospital foundation. A comprehensive base pay and total executive compensation analysis is performed by an outside compensation consulting firm every two years. In the intervening years, an analysis of sarh's executive compensation is reviewed against the hospital association of southern california's compensation survey. The consultant presents the survey data and analysis to the compensation committee. The external compensation study includes an evaluation for excess benefit transactions under the intermediate sanctions for tax-exempt organizations and an analysis of both base and total compensation of all members of the executive management team and their salary position in relation to the fiftieth and sixty-fifth percentile of the market. However, the consultant is not either tax or legal counsel and therefore cannot assure compliance with irc 4958, but rather assures that sarh's executive compensation practices fall between the fiftieth and sixty-fifth percentile of the market place and do not exceed the seventy-fifth percentile. The latest survey and analysis were conducted in april 2023. The consultant used survey data from four different published surveys that include california hospitals with comparable revenues, employees and complexity. The compensation committee reviews the consultant's findings in accordance with the compensation policy and their charter and provides direction for any needed compensation policy or pay range changes for the ceo and approves any such recommendations that may be made by the ceo for other executives.”

“The corporation shall have one member who shall be san antonio regional hospital, a california nonprofit public benefit corporation.”

“The member shall have the right to elect or designate the directors of this corporation and shall have all of the rights and privileges afforded members under the california nonprofit corporation law.”

“The following acts of the corporation shall be subject to the prior approval of the corporate member, san antonio regional hospital, which approval shall be evidenced by a certified copy of a resolution executed by the corporate member authorizing the subject action: (a) amendment of the articles of incorporation or bylaws; (b) removal of a director for cause; (c) sale or disposal of all or substantially all of the corporation's assets; (d) dissolution or winding up of the corporation; (e) approval of a merger; (f) contracts resulting in expenditures of the corporation's assets in excess of an amount as shall be determined, from time to time, by resolution of the board of trustees of the corporation (g) contracts for the purchase, sale, exchange or other disposition or gift of any real estate owned or partially owned by the corporation; (h) short term or long term borrowing, mortgages, pledges or, leases entailing cumulative payments by the corporation in excess of such amount(s) involving specific types of transactions as shall be determined, from time to time, by resolution of the board of trustees of the corporate member; (i) hiring or firing of the corporation's senior executives; (j) approval of the annual operating budget of the corporation; (k) acceptance of a legacy or gift imposing a permanent or continuing obligation on the corporation; (l) establishment and/or acknowledgment of any auxiliary and/or auxiliary corporation to be associated with the corporation; (m) such other matters as the corporate member shall notify the corporation of in advance, in the event a question arises as to whether approval of the corporate member is required for a particular transaction, a letter of opinion shall be requested from the corporate member, whose decision shall be final.”

“The form 990 is prepared internally by the finance department and reviewed by the organization's treasurer. The form is then reviewed by the organization's external financial and tax firm. Following the external review, the treasurer reviews the form with the sarh ceo. The form is made available to the entire organization's board prior to filing.”

“Financial statements, conflict of interest statements and governing documents are available upon request.”

“CHANGE IN CHARITABLE REMAINDER TRUST NET PRESENT VALUE CALCULATIONS - -324484; Total - -324484;”