Shriners Hospitals for Children

“Shriners hospitals is organized as a nonprofit corporation with members. Members have the right to elect persons belonging to the governing body, and to approve significant decisions of the governing body. Compensation is not provided for being a member.”

“The organization has approximately 1,400 members whom are appointed from the total membership of shriners international (a related organization). Members may elect persons on the organization's governing body, and may approve significant decisions of the organization.”

“Under the bylaws of the organization, significant decisions of the governing body require approval by the organization's 1,400 members (such as changes to the bylaws, or significant restructuring or extraordinary events). The organization's members also may elect persons to serve on the organization's governing body. The organization's members do not have control over the general operations or financial matters of the organization. Elections are held annually by the members at varying locations in the u.s. Voting is decided with simple majority, where each member's vote is equally weighted. Elected persons serve a three-year term on the board of trustees, a one-year term on the board of directors, a one-year term for the organization's president, and a one-year term for the organization's treasurer. The organization's officers are not elected, and instead are hired by committee.”

“A complete copy of form 990 is reviewed by the audit and finance committee. Subsequently, a complete copy of form 990 is provided to the full board. Management reviews the form with the board prior to filing.”

“The organization has a written conflict of interest policy and all members are required to disclose any conflicting interests or state "none" on the annual conflict of interest form. Potential conflicts are determined by the board of directors. The person(s) having a potential conflict of interest are prohibited from participating in deliberations/decisions in the transaction.”

“A salary and personnel committee is involved with all compensation and approves wages for management and compares these salaries to various market indicators.”

“The organization's form 990 can be found online at lovetotherescue.org/about-us/financials#fin-docs. This site can be accessed from the main website www.shrinerschildrens.org.”

“The organization's governing documents (including its conflict of interest policy and financial statements) are available on the organization's website and to the public upon written request.”

“Shriners hospitals for children offers "charity care" through an international network of pediatric hospitals dedicated to providing excellent patient care, research, and education for orthopedic conditions, burns, spinal cord injuries and cleft lip and palate. Our specialized medical care, backed by the skills and knowledge of the staff in 11 hospitals, 2 ambulatory surgery centers and 4 clinics, delivers expert, family-focused care regardless of the family's ability to pay. As a 501(c)(3) non-profit organization, shriners hospitals relies on the generous donations of shriners and the general public to carry out our mission and change the lives of children every day. For more information about supporting shriners hospitals, please visit www.shrinershospitalsforchildren.org or call 1-800-241-gift.”

“Form 990-t will be filed after form 990; therefore, in accordance with the form instructions, line 3b has been answered "no." shriners hospitals for children holds various partnership investments that generate unrelated business income reportable on schedule k-1. Schedule k-1 for many of the investments will not be issued until after form 990 is filed. Form 990-t has been extended and will be filed by the november 15th due date. The unrelated business income reported on part i, lines 7a and 7b and part viii, column (c) has been estimated based on the actual and estimated schedule k-1s received as of the date of this filing.”

“Administrative services: program service expenses 0. Management and general expenses 5,537,100. Fundraising expenses 0. Total expenses 5,537,100. Agency personnel services: program service expenses 9,459,318. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,459,318. Medical services: program service expenses 74,762,939. Management and general expenses 0. Fundraising expenses 0. Total expenses 74,762,939. Public relations & other: program service expenses 60,588,838. Management and general expenses 17,058,802. Fundraising expenses 40,636,464. Total expenses 118,284,104.”

“Change in pension funding obligation 6,801,468. Change in patient transportation funds held by shrine temples 1,115,307. Change in charitable gift annuity -9,377,475. Foreign currency exchange gain (loss) -17,871. Market value adjustment -2,892,011. Other changes in net assets -4,564,876.”

“The organization has an audit and finance committee responsible for oversight of the financial statement audit and selection of the independent accountant. The committee meets three times a year and coordinates the audit with the independent auditors. Any financial concern encountered in the system is routed to this committee for review. This process has not changed from prior years.”