Ascension Borgess Lee Foundation

“In determining the compensation of the organization's top management official, the process performed by ascension health, a related organization of lee memorial foundation included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The compensation committee reviewed and approved the compensation. In the review of the compensation, the top management official was compared to individuals at other organizations in the area who hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the committee minutes. The individual was not present when his compensation was decided.”

“In determining compensation of the organization's officers and key employees, the process performed by borgess medical center, a related organization of lee memorial foundation, included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The executive compensation committee reviewed and approved the compensation. In the review of the compensation, the officers' salaries were compared to individuals at other organizations in the area who hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the minutes. Individuals were not present when their compensation was decided.”

“MATTHEW V CRIPE, DDS, TRUSTEE AND KAREN JUDD, CHAIR - Family relationship”

“Lee Memorial Foundation has a single corporate member, Lee Memorial Hospital Corporation.”

“Lee Memorial Foundation has a single corporate member, Lee Memorial Hospital Corporation, who has the ability to elect members to the governing body of Lee Memorial Foundation.”

“All decisions that have a material impact to Lee Memorial Foundation's financial information or corporation as a whole are subject to approval by its sole corporate member, Lee Memorial Hospital Corporation.”

“During the return preparation process, the tax department works with other functional areas including finance, accounting, treasury, legal, human resources, and corporate compliance for advice, information and assistance in order to prepare a complete and accurate return. Upon completion, the form 990 is reviewed by the organization's internal tax department which consists of attorneys and cpas. A complete final copy of the return is provided to the organization's president, financial officer, and/or other key officers in lieu of the full board.”

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy in that any director principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing board delegated powers considering the proposed transaction or arrangement. The remaining individuals en the governing board or committee will decide if conflicts of interest exist. Each director principal officer and member of a committee with governing board delegated powers annually signs a statement which affirms such person has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands that the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish its tax-exempt purpose.”

“The organization will provide any documents open to public inspection upon request.”

“Transfers to Alpha Fund - 255;”

“The activity of Lee Memorial Foundation is reported in the consolidated financial statements of Ascension Health Alliance. No individual audit of Lee Memorial Foundation is completed. Therefore, the audited financial statements are of Ascension Health Alliance and Affiliates, which include the activity of Lee Memorial Foundation.”

“Lee Memorial Foundation is included in the consolidated financial statements of Ascension. The Finance and Audit committee of Ascension's Board assumes responsibility for the consolidated organization as a whole.”