Westfields Hospital Foundation Inc.

“The foundation's 990 return has a comprehensive review process that is followed before it is presented to the governing body of the foundation. The review process includes a layered review by the tax department of group health plan, inc. (ghi), the management team of the foundation, ghi's internal legal department and the foundation's outside independent accountants. Each one of those areas has an opportunity to review, ask questions and make comments back to the tax department of ghi before the form 990 is completed and presented to the governing body of the foundation. Once that review process has been completed, it is the policy of the foundation to make available to the board of directors of the foundation a copy of the 990 prior to the filing of the 990 return. This copy is provided in a pre-meeting packet, and is an agenda item at a meeting of the full board of directors. This process is noted and documented in the written minutes of the meeting.”

“The foundation monitors potential conflicts of interest on the part of its board members and officers by maintaining a conflict of interest policy. Under the policy, all board members and officers annually are provided with a copy of the policy and complete a questionnaire identifying any potential conflicts of interest. The full board is advised of any potential conflicts and the process to be followed in resolving the conflict as recommended by the chair and general counsel of healthpartners.”

“The foundation has no employees and pays no compensation. All officers and key employees are paid by group health plan, inc. (ghi), regions hospital or westfields hospital, related organizations. Any compensation disclosed is paid and determined solely by the related organizations. Therefore, part vi, section b, question 15 is not applicable to the foundation.”

“The foundation's financial statements and 990 returns are made available to any person who requests the information from the foundation or healthpartners.”

“All directors and officers of the foundation are employed and compensated by group health plan, inc. Or regions hospital. Reported average hours worked are based on their total compensation from all related organizations.”

“Westfields hospital foundation (foundation) is a wisconsin non-profit corporation recognized as exempt from federal income tax under internal revenue code ("irc") section 501(c)(3) and is part of the family of healthpartners organizations "healthpartners". Founded in 1957, healthpartners is an integrated system of health care delivery and health care financing organizations, and is one of the largest consumer-governed organizations in the country. Healthpartners' mission is to improve health and well-being in partnership with our members, patients and community. Healthpartners seeks to transform healthcare through a relentless focus on the triple aim - providing exceptional experience for the individual, improving the health of the population, and maintaining affordability, all at the same time. Healthpartners includes an array of tax-exempt and taxable organizations with health care activities primarily operating in minnesota and western wisconsin. Healthpartners provides a full-range of health care delivery and health plan services including insurance, patient care, administration and health and well-being programs. Healthpartners health plan's serve more than 1.5 million medical and dental members nationwide. Healthpartners medical care system includes more than 1,700 physicians, six hospitals with over 1,000 acute care beds, and 93 primary and specialty care medical facilities with practices in minnesota and western wisconsin. In addition, healthpartners dental care system has more than 60 dentists and 24 dental clinics. Healthpartners also contracts with other primary and specialty medical facilities and dental facilities, physician groups, hospitals and related healthcare providers located primarily in minnesota and western wisconsin. Healthpartners also provides medical education and training to medical professionals and conducts research and fund raising activities that support the health care delivery system. A complete listing of all organizations within the healthpartners family, and the relationship between them, can be found on schedule r within this 990 return. Detailed information about the community benefit activities and accomplishments of each tax-exempt organization can be found in the individual form 990 return for that organization. Healthpartners is driving change that helps our members and patients live healthier lives. Healthpartners collaborate with other plans, care providers and other community and business organizations in the region and throughout the nation to increase access, create and share quality measures and initiatives, participate in development of public policy, and collaborate in improvements that support the triple aim. Among healthpartners' signature initiatives continuing in 2015 are total cost of care measurements (development of a nationally recognized metric, endorsed by the national quality forum, enabling measurement and incentives based on coordination and evidence-based practices), mental health (reducing stigma, and assuring access to high quality care in the most appropriate settings), children's health (improving child health by promoting early brain development, providing family centered care, and strengthening communities), and sustainability (energy efficiency, waste reduction, and resource management). Healthpartners, inc. (hpi) is the parent entity of healthpartners and is a minnesota non-profit corporation and licensed health maintenance organization (hmo) recognized as exempt from federal income tax under irc section 501(c)(4). Hpi is the sole corporate member of hpi-ramsey, a minnesota non-profit corporation recognized as exempt from federal income tax under irc section 501(c)(3). In turn, hpi-ramsey is the sole corporate member of regions hospital, regions hospital foundation, capitol view transitional care center, stillwater health system (lakeview health), ramsey integrated health services and rh-wisconsin, inc., all of which are non-profit corporations exempt fro”

“Fasb 124 - fair market valuation adjustment -53,934.”