Franciscan Alliance Inc

“No action on the part of the board of trustees in respect of any of the following matters shall be effective unless the action has been approved by a majority of the members; namely: (a) corporate mission and philosophy; (b) appointment or removal of the chairperson, president, secretary, or treasurer of the corporation; (c) alienation of property as defined in canon law; or (d) encumbrance of debt as defined by canon law.”

“The information to prepare the form 990 of franciscan alliance, inc. ("franciscan") is gathered by finance staff and mission representatives and provided to its accounting firm who prepares the return. Senior management then reviews the return prior to filing. The form 990 is also made available to franciscan's board of trustees prior to filing.”

“The Corporation requires annual conflict of interest statements from each director, principal officer, members of committees with board designated powers, key employees, and executive leadership committee members which affirms that they have received, read, and understand the conflict of interest policy and have agreed to comply with the policy. In connection with any actual or possible conflict of interest, a director, principal officer or member of a committee with board designated powers must disclose the existence and nature of the financial interest to the directors and members of committees with board delegated powers considering the proposed transaction or arrangements. After disclosure of the financial interest, the director, principal or committee member shall leave the board or committee meeting while the financial interest is discussed and vote taken. In addition, ongoing reviews and assessments are made to make certain that the Corporation operates in a manner consistent with its charitable purposes. In conducting the ongoing reviews and assessments, the Corporation uses internal and external advisors. Reviews include compensation arrangements, acquisitions, partnerships, joint venture arrangements, and agreements to provide health care products/services, etc.”

“Franciscan Alliance, Inc.'s ("Franciscan") process for determining compensation for the organization's President/CEO, officers and key employees consists of periodic external reviews completed by national independent compensation consultants. The Executive Committee of the Board of Trustees approves the proposed compensation and benefits at an annual compensation review meeting held each year. The organization's President/CEO recuses himself from the vote on executive compensation. FORM 990, PART VII, SECTION A, COLUMN (F) Deferred compensation reported in this column includes change in present value of the qualified defined benefit plan. Changes in the amount reflected between years is primarily a function of the fluctuation in the actuarial discount rate used to measure this future liability. FORM 990, PART X, LINES 27 AND 29 DURING 2018, FRANCISCAN ALLIANCE, INC. ("FRANCISCAN") ADOPTED THE NEW FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARD UPDATE THAT MODIFIED THE PRESENTATION OF NOT-FOR-PROFIT FINANCIAL STATMENTS. AS SUCH THE ADOPTION OF THIS STANDARD REQUIRED A CHANGE TO THE AMOUNTS OF THE BEGINNING BALANCE OF ITS NET ASSETS. HOWEVER, THE TOTAL NET ASSETS FOR THE BEGINNING OF THE YEAR REMAINS UNCHANGED. LINE 27 REPORTS NET ASSETS WITHOUT DONOR RESTRICTIONS AND LINE 29 REPORTS NET ASSETS WITH DONOR RESTRICTIONS, AS PROVIDED IN THE FORM 990 INSTRUCTIONS.”

“Franciscan alliance, inc. Is filing this amended return to incorporate information reported on schedules k-1 that were received after the filing of its original return. This information impacted form 990, part viii, schedule f, schedule h, part iv, and schedule r, parts iii and v. Franciscan alliance, inc. Is also filing this amended return to more accurately reflect the allocation of an employee's base and other reportable compensation on schedule j, part ii. The reported total compensation for the employee has not changed. Form 990, part i, line 1 franciscan alliance, inc.'s ("franciscan") purpose is to continue the healing ministry of christ in accordance with the teachings of the roman catholic church and in partnership with others to provide a full continuum of health care services; to carry on educational activities related to the promotion of health; to promote and carry on scientific research related to health care; and to participate in activities designed and conducted to promote the general health of those served by franciscan. Please view www.franciscanhealth.org/communityhealth which reflects our mission of "continuing christ's ministry in our franciscan tradition." form 990, part v, line 4b additional foreign countries (continuation of attachment 3) - denmark, egypt, european union, finland, france, germany, greece, hong kong, hungary, india, indonesia, israel, italy, japan, republic of korea (south korea), malaysia, mexico, netherlands, new zealand, norway, peru, philippines, poland, portugal, qatar, russian federation, singapore, south africa, spain, sweden, switzerland, taiwan, thailand, turkey, united arab emirates, united kingdom. Form 990, part vi, section a, line 7a the entire board of trustees shall consist of no more than twenty (20), and no fewer than nine (9), seven (7) of whom shall be sisters of the eastern province ("province") of the sisters of st. Francis of perpetual adoration, a religious congregation of women of the roman catholic church ("congregation"). The trustees of the board shall include the following persons: (a) three trustees shall be members of the provincial leadership of the province, one of whom shall be the provincial, or her designee, and the remaining two shall be appointed by the provincial leadership; (b) the member of the corporation serving as treasurer of the province who may also be one of the provincial leadership representatives as described in (a); (c) the member of the corporation serving as sponsor liaison for healthcare of the province who may also be one of the provincial leadership representatives as described in (a); (d) the president/chief executive officer of the corporation; and (e) the trustees elected by the members to fill the remaining positions.”

“Equity in earnings of affiliates 40,935,506 minority interest in affiliates 185,200 equity transfers to/from affiliates (10,220,980) unrealized gain on swap contracts 4,226,575 unrealized loss - hills (16,354,339) change in noncontrolling interest in subs (5,185,200) change in donor restricted net assets 51,573 dividends received from affiliates 3,897,409 other comprehensive income (25,934,196) other changes in net assets (404,837) ------------- total other changes in net assets (8,653,815)”