Sarah Bush Lincoln Health Foundation

“Ann beck, director, and derald doehring, treasurer, have a business relationship. Scott bland, director, and carol jo fritts, director, have a business relationship. Tony sparks, director, has a business relationship with dan cunningham, director.”

“The sole corporate member of the organization is sarah bush lincoln health system.”

“Board members may elect new members after the sbl system board approves them.”

“The governing body may not take the following actions without prior approval of the sole corporate member: 1) alter, amend, or repeal the articles of incorporation or bylaws or adopt bylaws for any subsidiary. 2) approve the annual operating budget or approve any formal long-range plan. 3) approve any transaction for which the corporation would be required to obtain certificate of need approval under illinois law. 4) borrow funds, or incur debt, whether secured or unsecured. 5) approve or adopt any plan of merger or consolidation, or any sale, lease, exchange, mortgage, pledge, or other disposition of all or substantially all (10% or more) of the property and assets of the corporation. 6) select auditors for the corporation. 7) create or acquire any subsidiary or affiliate corporation, or create any other corporation of which the coporation is a member. 8) dissolve the corporation or adopt any plan of dissolution.”

“The senior accounting staff reviews all elements of the 990 based on prior knowledge and interviews with other individuals in the organization. Board members submitted detailed questionnaires with regard to their relationships with the organization per the recommendation with independent consultants. The final form 990 is made available to them via e-mail for review and questions.”

“Members of the board of directors annually complete a certification statement which identifies possible conflicts of interest related to their professional and personal lives. During deliberations and decisions on which there appears to be a conflict of interest, the board member is excused from the discussion and deliberation, shall not vote on, or use his personal influence on or be counted in determining the existence of a quorum in respect to the transaction or contract.”

“All salaries for sarah bush lincoln health foundation personnel are paid by sarah bush lincoln health center. The foundation records compensation of its personnel for 990 reporting as management fees. Compensation is determined by sbl health center annually after internal review of market data from outside consultants with recommendations presented to the administration team for approval. The board approves the overall compensation program.”

“Currently, sarah bush lincoln health center, the foundation's related organization, posts their community benefits statement on our public website. No other governing documents are made available.”

“Organization's mission or most significant activities sarah bush lincoln health foundation provided grant distributions during the year which would specifically support & encourage health care services for sarah bush lincoln health center, a non-profit organization.”