Medical Mutual of Ohio Charitable Founda

“Medical mutual of ohio charitable foundation is an ohio nonprofit corporation. As such, it has members who have the right under ohio state law and the organizing instruments of the corporation to participate in its governance.”

“The members of medical mutual of ohio charitable foundation ("medical mutual foundation") are those individuals who from time to time are serving as the trustees of the organization. The cleveland foundation appoints a majority of the full number of trustees of medical mutual foundation. Form 990 part vi, section a, line 7b: under the ohio nonprofit corporation law, members have the ability to approve certain key actions undertaken by a nonprofit corporation including merger of the corporation, sale, transfer, or other disposition of substantially all the assets of the corporation, amendment of the corporation's articles of incorporation or code of regulations, and dissolution of the corporation, among others. The members of medical mutual foundation have no additional special rights of approval of the actions of the board of trustees.”

“The medical mutual foundation has no committees with authority to act on behalf of the board.”

“Staff of the cleveland foundation prepares the form 990. The form 990 is reviewed by an officer of the cleveland foundation and one or more officers and trustees of the medical mutual foundation.”

“12a, 12b, 13 and 14: the medical mutual foundation is a supporting organization of the cleveland foundation. Activities of the cleveland foundation's supporting organizations are subject to policies for supporting organizations. The cleveland foundation has in effect from time to time to ensure its supporting organizations operate in a manner consistent with governing tax exemption principles. Without limiting the generality of the foregoing, supporting organizations are required to follow each of the conflict of interest, documentation retention, and whistleblower policies maintained by the cleveland foundation, unless the board of the supporting organization (which in all cases is controlled by the cleveland foundation) adopts a functionally equivalent policy expressly in place of one of the foregoing policies. The medical mutual foundation follows these policies of the cleveland foundation. Except in the limited case noted below, trustees and officers with a conflict of interest under the policy, must: (i) disclose their potential conflict of interest at the meeting; (ii) present any relevant information concerning the matter involving the conflict, if requested; and (iii) recuse themselves from the meeting for the discussion and vote on the matter presenting the conflict. In limited cases involving the approval of grant distributions where trustees or officers have certain limited potential conflicts of interest with a proposed grant recipient, the trustee or officers must: (i) disclose their potential conflict of interest at the meeting; and (ii) abstain from voting on the matter.”

“A and b: the medical mutual foundation has no employees and does not compensate its trustees and therefore does not maintain a process for determining compensation.”

“The medical mutual foundation is supporting organization of the cleveland foundation. Per generally accepted accounting principles, the cleveland foundation financial statements are prepared and audited on a consolidated basis and include the supporting organizations. The supporting organizations are recognized in the footnotes disclosure in the statements. The cleveland foundation consolidated financial statements are available for review on the foundation's website. The medical mutual foundation's form 990 is also available upon request.”

“The medical mutual foundation is a supporting organization of the cleveland foundation. Consequently, some of its officers are employees of the cleveland foundation, conpensated by the cleveland foundation.”

“Payment to defray the operational cost paid by the supporting organization: back office support, such as, accounting, financial and tax reporting.”