Indiana University Health Foundation Inc.

“The organization's executive committee shall consist of two or more directors of the governing body. The executive committee shall have and may exercise all the powers of the board of directors.”

“Line 6: INDIANA UNIVERSITY HEALTH, A TAX- EXEMPT CHARITABLE ORGANIZATION, IS THE SOLE MEMBER OF INDIANA UNIVERSITY HEALTH FOUNDATION. IU HEALTH APPROVES THE APPOINTMENT OF ALL MEMBERS OF THE BOARD OF DIRECTORS AND APPROVES SIGNIFICANT DECISIONS OF THE BOARD. Line 7a: INDIANA UNIVERSITY HEALTH, A TAX-EXEMPT CHARITABLE ORGANIZATION, IS THE SOLE MEMBER OF INDIANA UNIVERSITY 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 CANNDIDATES AND THE MEMBER OF THE FOUNDATION ELECTS THEM INTO OFFICE. Line 7b: 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 THE ARTICLES OF INCORPORATION MAY BE ALTERED, AMENDED OR REPEALED ONLY UPON THE AFFIRMATIVE VOTE OF THE MEMBER. 2.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.”

“A thorough process was used by INDIANA UNIVERSITY HEALTH FOUNDATION to review the Form 990 and related schedules prior to its filing. The President reviewed and approved the Form 990. Following that review and approval, a complete copy of the Form 990 was made available to each board member prior to its filing.”

“IU Health Foundation follows IU Health's Conflict of Interest Policy. IU Health's Conflict of Interest Policy includes the following provisions: All IU Health employees, associates, colleagues and contracted personnel, including employed physicians and paid medical directors ("IU Health Representatives") are covered by and subject to its Conflict of Interest Policy. IU Health regularly and consistently monitors and enforces compliance with the policy through the following procedures: (a) On an annual basis, each IU Health Representative at the level of Manager or above, together with every other person designated by the Corporate Compliance Department ("Department"), must complete, sign and submit a Conflict of Interest Questionnaire ("Questionnaire") to the Department. Governing board members, committee members, corporate officers, medical staff and researchers must comply with the administrative requirements noted in the respective policies and procedures relative to those areas. (b) An IU Health Representative must supplement a Questionnaire in writing, if after completion of the original Questionnaire, a situation arises, or may reasonably be expected to arise, that would change any answer or information on the original Questionnaire if the situation had existed or been anticipated at the time of completion of the original Questionnaire. (c) If a fully and properly completed Questionnaire reveals facts or other information that might reasonably indicate a Conflict of Interest or violation of the policy, the IU Health Representative completing the questionnaire must secure approval by his/her supervisor, evidenced in writing. (d) The Department will review each Questionnaire and determine whether a Conflict of Interest exists and, if so, whether and how it should or may be eliminated, avoided or managed in order to comply with the spirit of the policy and with the best interests of IU Health and its patients. In making the determination, the Corporate Compliance Department may consult with the IU Health Representative's supervisor and other appropriate individuals and groups. (e) The scope of the policy is not limited to those who are required to complete Questionnaires. If an IU Health Representative is involved in a situation or relationship that would constitute a violation of the policy in the absence of disclosure and approval as described above, then the IU Health Representative must disclose the matter to his/her supervisor, secure his/her supervisor's approval in writing, and disclose the matter to the Department. Otherwise, the IU Health Representative is in violation of the policy and subject to corrective action, up to and including termination. (f) The Chief Compliance Officer, in consultation with onsite Compliance personnel, may from time to time appoint standing or ad hoc committees to assist in resolving issues that arise under provisions of the policy.”

“IU Health and other related entities have a process in place to determine the compensation for the IU Health Foundation officers, key employees and highest compensated employees. IU Health Human Resources uses market data from multiple compensation experts/vendors who utilize a variety of methods and procedures to obtain compensation ranges for comparable officer and employee positions. This market data and multiple other factors (including market pay benchmarks, internal equity, candidate/employee qualifications & performance, and business needs) are used to recommend compensation ranges for its officers and other employees, which are then used as a guide for setting reasonable compensation by management.”

“IU Health Foundation Articles of Incorporation are available for public inspection through the Indiana Secretary of State's web-site. IU Health Foundation conflict of interest procedures are disclosed on the Form 990, Schedule O. IU Health Foundation is a subsidiary in IU Health's Consolidated Audited Financial Statements. IU Health's Consolidated Audited Financial Statements are available for public inspection through its bond filings and as an attachment to IU Health's Form 990. IU Health Foundation's audited financial statements are posted on its web-site at https://iuhealth.org/iu-health-foundation/about-us/annual-report.”

“IU Health Foundation website address is: https://iuhealth.org/iu-health-foundation”

“CHANGE IN VALUE OF SPLIT INTEREST TRUSTS: $2,581,632 UNCOLLECTIBLE PLEDGES: $(19,706) INCREASE IN CSV LIFE INS: $(890) TRANSFER TO IUH INC. $(1,712,102) OTHER: $1,873 Total $850,807”

“Description:purchased services total fees:5343166”

“Description:fees - other professional total fees:429271”

“Description:consulting - other total fees:225725”

“Description:contract services - other total fees:19234”