College of American Pathologists Foundation

“The foundation does not pay the salaries of the foundation employees directly. Instead, the foundation reimburses the cap for personnel on a quarterly basis. Compensation of the cap's chief executive officer is not charged to the foundation. The terms of the cap chief executive officer's compensation are detailed in the employment agreement and administered in keeping with the related cap board-approved executive compensation philosophy and strategy. Compensation of the foundation's executive director is charged to the foundation. Executive compensation the organization desires to ensure that its executive compensation program is competitive, fair, and equitable, as well as compliant with regulatory guidelines and representative of market best practices. The organization will consider national peer groups of organizations comparable in size (i.e. Revenue) and complexity to determine the market values for each of its executive positions. These peer groups vary by position and required skill sets. Market comparators from select tax exempt and for-profit organizations provide a secondary benchmark. The cap has established a target position for each of the following components of its executive total compensation program: base salaries, total cash compensation, total direct compensation, qualified benefits, supplemental benefits and perquisites, and severance. The organization will exercise the utmost care in ensuring that all elements of each executive compensation is properly reported as required on internal revenue service forms w-2, 941, and 990.”

“During the preparation of the form 990, the college of american pathologists foundation's (foundation) executive director is consulted for information needed for the tax year. The form 990 is reviewed by the college of american pathologist (cap) chief operating officer. The final form 990 is shared with the foundation's entire board.”

“The foundation's executive director/governance committee provides a conflict-of-interest disclosure form to all foundation board members and the executive director at the beginning of the year. When disclosure forms are collected, noted conflicts are reviewed. Action is taken to address the disclosed conflicts; the specific actions are shared with the foundation's executive committee. If the executive director/governance committee deems corrective action is necessary, the conflict is addressed with the foundation board.”

“The foundation's governing documents and conflict of interest policy are available upon request. The annual audited financial statements are available on the illinois attorney general's website.”

“Our mission is to improve people's health by: - developing tomorrow's pathology leaders through awards for advanced training, research, and education. - mobilizing pathologists to expand health equity in medically underserved communities within the us and globally. Our vision is that pathologists are equipped to bridge health disparities and enhance outcomes globally.”