Altarum Supporting Organization

“VOTING MEMBERS WHILE THE ORGANIZATION DOES NOT HAVE ANY INDEPENDENT VOTING MEMBERS SERVING ON ITS BOARD OF DIRECTORS AS DEFINED IN THE FORM 990 INSTRUCTIONS, The power to appoint the Board of DIRECTORS and the decisions of the governing body are subject to the approval of the shareholder, Altarum Institute. Substantially all of Altarum Institute's Board of trustees are independent persons with respect to it. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE SHAREHOLDER OF ALTARUM SUPPORTING ORGANIZATION, INC. IS ALTARUM INSTITUTE.”

“MEMBERS WHO MAY ELECT ONE OR MORE OF THE GOVERNING BODY The members of the Board of DIRECTORS for Altarum Supporting Organization are appointed by Altarum Institute, the Shareholder.”

“DECISIONS OF THE GOVERNING BODY SUBJECT TO APPROVAL BY MEMBERS Altarum Institute is the sole shareholder of Altarum Supporting Organization. Altarum Institute's responsibilities include long term planning, establishing policies and procedures and assisting Altarum Supporting Organization in carrying out its exempt purpose. Altarum Institute limits its power of approval primarily to membership and the organization's annual budget.”

“PROCESS FOR REVIEW OF FORM 990 BY ORGANIZATION 1. IRS Form 990 is prepared externally by Altarum's tax accounting firm. The process is managed by the office of the Chief Financial Officer for Altarum Institute. With appropriate guidance from the tax accountants, information gathering and reporting is primarily conducted by the Chief Financial Officer and Director of Accounting of Altarum Institute. As part of the information gathering process, the Chief Financial Officer and Director of Accounting works with Altarum Supporting Organization Officers and other managers as necessary. 2. The TREASURER OF THE ORGANIZATION, also an officer of Altarum Institute, presents the complete draft Form 990 to the Chair of the Board of DIRECTORS of Altarum Supporting Organization. The Board reviews the Form 990 to either approve as written or make suggested modifications. 3. Once reviewed and approved for submission, the Chair of the Board of DIRECTORS notifies the TREASURER that the Form is ready for submission to the IRS. 4. The TREASURER provides copy a of the Form 990 to each board member of the board of DIRECTORS prior to filing. 5. The TREASURER instructs the external tax accountants to finalize the IRS Form 990 AND PRESENT IT FOR SIGNATURE AND FILING WITH THE IRS.”

“Monitoring and enforcement of compliance with conflict of interest policyThe conflict of interest policy for Altarum Supporting Organization is maintained and administered by the parent organization, Altarum Institute, EIN 38-1983442. Altarum Institute establishes various policies and procedures that MAY ALSO be adopted by the subsidiary organizations. One such policy is the conflict of interest. The explanation provided below describes the process in which the parent organization monitors for potential conflicts of interest. The officers, directors, trustees and key employees of Altarum Supporting Organization are subject to this monitoring process as well. Annually, each member of the Board of Trustees and every officer must complete and submit a disclosure form to the Director of Legal AND COMPLIANCE. Included in the disclosure form is any employment, board membership, compensatory arrangements, material interests, etc. with other entities. The Director of Legal AND COMPLIANCE inputs all of the information into a database so that material transactions can be checked against all of the data provided in the disclosure forms. Also, pursuant to policy, the board members and officers have to disclose any interests in or relationship with an entity that Altarum is pursuing a transaction with (at the time of the board member or officer becoming aware of the potential Altarum relationship). Upon the identification of a potential conflict of interest, the interested person must disclose all material facts, and the disinterested board members (in the absence of the interested person) discuss and vote upon whether or not an actual conflict of interest exists. If a conflict of interest exists, then alternative transactions or arrangements will be sought out and considered. If no alternative transaction is suitable, the disinterested members of the board determine whether or not the conflicted transaction is in Altarum Supporting Organization's best interests and determine if the terms of the transaction are fair and reasonable without the participation or vote by the party involved in the conflict of interest. Upon a conflict of interest occurring that was not disclosed, the interested person must explain the failure to disclose the alleged conflict. After hearing the explanation and conducting any necessary further investigation, the board will take appropriate disciplinary and corrective action.”

“OFFICES & POSITIONS FOR WHICH PROCESS WAS USED, & YEAR PROCESS HAS BEGUN The compensation determination policy for Altarum Supporting Organization is maintained and administered by the parent organization, Altarum Institute, EIN 38-1983442. Altarum Institute establishes various policies and procedures that may also be adopted by the subsidiary organizations. One such policy is the determination of compensation. The explanation provided below describes the process in which the parent organization determines and approves the compensation for officers, directors, trustees and key employees. The officers, directors, trustees and key employees of Altarum Supporting Organization are subject to this monitoring process as well. The Altarum Institute Compensation Committee meets every year for the purpose of reviewing, determining and approving compensation for the executive employees of Altarum Institute. The committee meets in February to evaluate the reasonableness of the amount and conformity with Altarum Institute policies and prior Committee approvals. Review of prior year total compensation also occurs at the February meeting. EXECUTIVE POSITIONS INCLUDED IN REVIEW ARE: 1. President & CEO 2. Chief Financial Officer 3. All other executives of the organization. THE FOLLOWING INFORMATION IS CONSIDERED AS PART OF THE DETERMINATION OF COMPENSATION: 1. Current salary survey information compiled by independent firms: Mercer, Towers Watson, PRM, and Guidestar. 2. Independent market compensation data report prepared by Pearl Meyer. 3. 13-firm non-profit peer group selected by audit and compensation committee. 4. Review of employee performance evaluation data summarized by the President and CEO, for all non-President and CEO executives. After discussion, all members of the Compensation Committee vote on the compensation presented. If the committee approves the compensation packages presented as reasonable and in conformity with the Altarum Institute policies, then the compensation committee submits the compensation provisions outlined for endorsement by the Board of Trustees. After reviewing the compensation provisions approved by the compensation committee, the Board of Trustees votes the recommendations.”

“Process for making documents available to the public all available upon request”

“Other Changes in Net Assets Net assets of ASO merged into Altarum Institute at close of business on October 31, 2017 $48,693,803”

“Description:administrative services total fees:33176”

“Description:contract labor total fees:44173”