Robinson Memorial Hospital Foundation

“Robinson health system, inc. Is the sole institutional member of robinson memorial hospital foundation. Additionally, the board of directors of robinson memorial hospital foundation are individual members of robinson memorial hospital foundation.”

“Robinson health system, inc. Is the sole institutional member of robinson memorial hospital foundation. As the sole institutional member, robinson health system, inc., has the right to (a) elect a majority of members of the board of directors of robinson memorial hospital foundation that are either ex-officio hospital directors, uh appointees, or elected by robinson health system, inc. And (b) fill any vacancy on the board of directors to ensure the majority as mentioned earlier. The individual members of robinson memorial hospital foundation have the right to (a) elect the remaining members of the board of directors of robinson memorial hospital foundation by a two-thirds affirmative vote of the individual members and (b) fill any remaining vacancy on the board of directors of robinson memorial hospital foundation by a two-thirds affirmative vote of the individual members. Additionally, university hospitals health system, inc. (uhhs), as the member of robinson health system, inc., in its discretion has the power to appoint and remove up to three voting directors.”

“The form 990 is prepared by an independent third-party public accounting firm. Management reviews the 990 before the complete copy is made available to the foundation board before filing.”

“The system has adopted six conflict of interest policies that set forth guidelines related to transactions with disqualified persons (as defined in applicable federal regulation). These policies apply to all employees, employed physicians and other licensed practitioners (excluding physician trainees), directors, officers, and related parties to uh and its wholly-owned subsidiaries. Uh regularly and consistently monitors and enforces compliance with the conflict of interest policies. Designated individuals, (e.g., uh management, directors, employed physicians, and advanced practice professionals), are required to complete an annual disclosure and provide information regarding any interests that may be potential conflicts pursuant to the conflict of interest policies. They are required to provide any changes or new disclosures should they occur. All disclosures and subsequent updates to disclosures are reviewed by the uh compliance and ethics department. Board-level and key personnel conflicts are reviewed and approved, if appropriate, by the audit and compliance committee of the uh board and/or the uh board. If a conflict exists with a director, certain restrictions may be imposed, such as excusing the director from the room during discussion and/or voting with regard to a proposed transaction. Education regarding conflicts of interest is included in the annual compliance training that includes all directors, employees, physicians and licensed practitioners.”

“The governing documents, financial statements and conflict of interest policy for robinson memorial hospital foundation are available upon request.”

“Loss on uncollectible pledges -162,877.”