Indiana University Health Foundation Inc.

“The organization's executive committee shall consist of no less than 5 and no more than 9 members of the governing body. The executive committee shall have and may exercise all the powers of the board of directors.”

“Indiana University Health, a tax-exempt charitable organization, is the sole member of Methodist Health Foundation. IU Health approves the appointment of all members of the board of directors and approves significant decisions of the board.”

“Indiana University Health, a tax-exempt charitable organization, is the sole member of Methodist Health Foundation. Indiana University Health can designate an officer, director, or other person to vote or otherwise act on its behalf as the sole member. When vacancies occur on the board of directors, the nominating committee of the foundation shall nominate candidates and the member of the Foundation elects them into office.”

“Indiana University Health must approve the following decisions: 1. The articles of incorporation may be altered, amended or repealed only upon the affirmative vote of the member. 2. If the Foundation is dissolved, its assets must be transferred or conveyed for charitable health care related purposes to one or more organizations described in Section 501(c)(3) of the code selected by the member.”

“The Finance Committee reviews a draft of the the Form 990 and addresses any questions with management and the independent tax preparers. A final copy of the form 990 is emailed to every voting member of the governing body before it is filed with the IRS.”

“Every interested person is required to annually complete a conflict of interest survey. Potential conflicts are reviewed and investigated by the executive committee, which is made up of board members. The executive committee is charged with enforcing compliance with the conflict of interest policy at board meetings and ensures that an individual board member with a potential conflict recuse themselves from the vote.”

“The Human Resource Committee, which consists of board members, obtained a custom compensation survey from an independent agency in October 2014. This survey as well as comparable data for like positions in the local market showed current compensation of these positions to be appropriate. This person received a general wage increase and a bonus. This decision is documented in the December 2015 committee minutes.”

“The Human Resource Committee, which consists of board members, obtained a custom compensation survey from an independent agency in October 2014. This survey as well as comparable data for like positions in the local market showed current compensation of these positions to be appropriate. All officers received a general wage increase and one received a bonus. This decision is documented in the December 2015 committee minutes.”

“The financial statements, governing documents, and conflict of interest policy are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time.”

“MISCELLANEOUS REVENUE - Total Revenue: 1133, Related or Exempt Function Revenue: 1133, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“(Expenses $ 2,064,340 including grants of $ 2,064,340)(Revenue $ 750,969) METHODIST HEALTH FOUNDATION OBTAINS, ADMINISTERS, AND ALLOCATES FUNDS TO THE IU HEALTH ADULT ACADEMIC HEALTH CENTER FOR MANY PROGRAMS. SOME SPECIFIC PURPOSES INCLUDE ENHANCING THE QUALITY OF PATIENT CARE, HEALTH CARE RESEARCH, PURCHASE OF CLINICAL EQUIPMENT, AND CONDUCTING HEALTH EDUCATION. THE FOUNDATION IS AUTHORIZED TO SOLICIT CONTRIBUTIONS ON THE HOSPITAL'S BEHALF FOR THE VARIOUS PURPOSES OUTLINED ABOVE. IN ABSENCE OF DONOR RESTRICTIONS, THE FOUNDATION, IN CONCURRENCE WITH ITS BOARD OF DIRECTORS, WILL DECIDE HOW THESE FUNDS ARE TO BE DISTRIBUTED.”

“Uncollectable pledges - -211668; change in value of split interest trusts - -646612;”