Mercy College of Ohio

“Mercy health - st. Vincent medical center llc is the sole member of mercy college of ohio.”

“Bon secours mercy health elects all board members who have full voting rights.”

“Certain matters require approval of the bon secours mercy health corporate member, bon secours mercy health governing body, or bon secours mercy health ceo. The regulations of the organization describe the level of approval required for various decisions.”

“The form 990 is prepared by Bon Secours Mercy Health's tax department and reviewed by management.”

“BSMH maintains a written and board approved Conflict of Interest Policy. The policy requires board members, officers, directors and key employees to annually disclose interests that could give rise to conflicts. The Integrity and Stewardship Committee (ISC) of the BSMH Board has the ultimate responsibility for Conflict of Interest, including the Policy implementation, compliance monitoring, and enforcement. Through the ISC, the Policy establishes the annual and ongoing requirement to make disclosures. BSMH Compliance Department reviews all Conflict of Interest disclosures to determine if a disclosed matter constitutes a potential Conflict of Interest requiring management intervention. The review constitutes an independent evaluation of all available facts and circumstances by a disinterested party. Potential Conflicts are shared with the disclosing individual's board chair or supervisor ("Leader"), and in collaboration with the BSMH Compliance Department, the Leader will conclude if an actual conflict exists and, if so, determine how it will be managed. Depending on the facts and circumstances, resolutions may include, but are not limited to, ongoing disclosure, recusal from board or committee deliberations and decision, or removal of the conflict. Upon the completion of the annual review process and review with the individual's Leader, the BSMH Compliance Department reviews all potential and actual conflicts and how they will be managed with the ISC Chair for input prior to submission to the ISC. The ISC will review such recommendations and either approve or request changes until approval may be granted.”

“The BSMH governing documents, conflict of interest policy and financial statements are available to the public upon request.”

“Board Member positions are generally voluntary in nature. Compensated employees of the filing organization and other related organizations who also hold board positions are compensated only in relation to their employment and do not receive additional compensation for their board responsibilities.”

“Change in Interest of Net Assets of Foundation - 752464; Equity contribution from affiliate - 2922964; NET ASSETS RELEASED FROM RESTRICTION - 2356873; Total - 6032301;”