The Blessing Foundation Inc.

“In order to achieve cost efficiencies, the blessing foundation, inc. (corporation) and its sole member, blessing corporate services, inc., have entered an intercompany management services agreement whereby blessing corporate services provides management services to the blessing foundation, inc.”

“Blessing corporate services, inc., an illinois not for profit corporation, is the sole voting member of the blessing foundation, inc.”

“Blessing corporate services, inc., the sole voting member of the blessing foundation, inc., shall appoint and/or remove all the trustees of the corporation and appoint the president of the blessing foundation, inc.”

“Blessing corporate services, inc., the sole voting member of the blessing foundation, inc. (corporation), shall approve expressly all amendments to the corporation's articles of incorporation and bylaws before they may become effective, approve long-term debt, long-range plans, and capital and operating budgets, approve the purchase and sale of real and personal property and contracts (other than those providing annuities for donors) entered into by the corporation, not expressly made part of an approved budget, the reasonable value of which exceeds an amount set forth in the bylaws of the voting member, approve of material investment decisions, including without limitation establishment and modification of investment policies, engagement and removal of investment managers and advisors, and changes in investment allocations not permitted by an existing investment policy, approve the parameters for terms of employment of physicians, including physician compensation plans, and any material variances from such parameters for individual physicians, approve the selection of auditors and legal counsel, approve charity care and community benefits-related policies, approve the formation of subsidiary entities and/or joint ventures, approve of the filing of a petition in bankruptcy, making an assignment for the benefit of creditors, or applying for protection under any insolvency laws, approve the participation in any merger, combination, consolidation, liquidation, dissolution, or other corporate or business entity restructuring, and the power to compel the corporation to enforce and/or perform any contractual obligation.”

“Following management and legal review, the form 990 was provided to the board of trustees of the blessing foundation, inc. For review and comment prior to filing.”

“A copy of the conflict of interest policy is distributed annually to officers, directors, trustees, and key employees to be read, signed, and returned to the blessing foundation, inc. The signed policies are retained in the corporate administrative files of the blessing foundation, inc. In addition, each officer, director, or trustee is required to declare any conflict of interest in regards to agenda items being presented at the start of each monthly board meeting.”

“These documents are located in the corporate office of the blessing foundation, inc. And are available upon request for public inspection.”

“1986, as amended; and the corporation shall raise funds for any or all of the organizations described above from the public and from all other sources available, and shall receive, maintain, and administer such funds and expend principal and income therefrom in furtherance of these purposes. The following lists specific expenditures in regards to the purpose listed above. Blessing hospital - financial aid for student nurses of 1,079,995 blessing-reiman college of nursing blessing hospital - innovation funds 250,000 blessing hospital - patient care addition 130,809 blessing hospital - hospital and palliative care 103,000 blessing hospital - pharmacy sentri 7 survellance system 65,000 blessing hospital - student worker support for blessing- 60,000 rieman college of nursing blessing hospital - patient family fund 35,700 blessing hospital - faculty development for blessing- 25,000 rieman college of nursing blessing hospital - child care scholarships 18,000 blessing hospital - family medical crisis 8,952 blessing hospital - rehabilitation intern program 5,976 blessing hospital - health professions library 4,079 blessing hospital - establish clinical pastoral education 3,500 total 1,790,011”

“Depreciation in rental expense 498,332 other rental property expense 36,181 depreciation in rental expense -498,332 other rental property expense -36,181”