Benedictine Foundation

“The executive committee (comprised of the chair, vice-chair, board secretary, and the chairs of the standing committees) is authorized to act on behalf of the board in the interval between meetings of the board, provided, however, that it may not determine matters of policy without prior specific authorization of the board.”

“The corporation contracts with benedictine health system, a related organization, for management services. Benedictine health system employed the president of the corporation.”

“Benedictine health system, a minnesota nonprofit corporation, is the sole member of the corporation.”

“Each director of the corporation is appointed by benedictine health system.”

“Benedictine health system has certain reserved powers relating to the activities of the corporation as set out in the corporation's by-laws. In addition, in keeping with the corporation's mission "to assist and coordinate activities of facilities for health care, education, and care for the aged and social services in accordance with the charitable works tradition of the roman catholic church", all activities of the corporation are required to be carried out in accordance with the charisms of the benedictine sisters benevolent association ("bsba"), a civil law corporation for the sisters of st. Benedict of st. Scholastica monastery located in duluth, minnesota.”

“The form 990 was prepared by and independent accounting firm based on information provided by management. The return was then reviewed by the cfo. An electronic copy of the form 990 was distributed to the governing body prior to filing.”

“On an annual basis, interested persons are required to disclose any relationships that constitute or might lead to a conflict of interest by completing the conflict of interest and gift disclosure statement. The bhs compliance department will distribute the statements and collect and maintain the completed statements. The bhs compliance manager will review the statements and provide a summary of the identified conflicts of interest to the bhs chief compliance officer, who will alert the bhs ceo and the chair of the bhs board of directors to any items of concern. An "interested person" is any person in a position to exercise substantial influence over the system, including but not limited to a board member, board committee member, or officer or director of bhs or a facility (such as facility ceo/administrators and bhs senior leaders and directors). For interested persons who are employees (other than the bhs ceo), following disclosure of the actual or potential conflict of interest and all material facts,the interested person's supervisor will determine whether a conflict of interest exists. For the bhs ceo and board and committee members, following disclosure of the actual or potential conflict of interest and all material facts, the interested person will leave the board or committee meeting while the remaining members of the board or committee determine if a conflict of interest exists. The interested person may participate in deliberation regarding the transaction if the applicable supervisor, board, or committee determines a conflict of interest does not exist. An interested person who has been determined to have a conflict of interest may not participate in the deliberation or decision regarding the transaction or arrangement involving the conflict of interest and may not be present during such deliberation or decision making. The interested person may be allowed to make a presentation to the supervisor, board, or committee considering the transaction or arrangement as to which the conflict of interests refers prior to the deliberation and decision.”

“The organization does not make its governing documents, conflicts of interest policy, and financial statements available to the public.”

“Officer compensation benedictine health system's (ein: 41-1531892) ceo and cfo, jerry carley and kevin rymanowski, share their time between the reporting organization and the following related organizations. See schedule r for more information on related organizations.”

“The benedictine health system is a catholic organization which owns and operates long term care facilities which provides care and services for individuals of need. The benedictine health system foundation (bhsf) was established to coordinate, encourage, motivate and support the fund development efforts within benedictine health system and the bhsf supported organizations through associated foundations and to oversee the optimal investment and management of associated foundations' funds. The benedictine health system foundation consists of (31) associated foundations, including: illinois: villa st. Benedict foundation, lisle minnesota: benedictine health center of minneapolis foundation, minneapolis; benedictine health system foundation, cambridge; benedictine living community of ada foundation, ada; benedictine living community of duluth foundation, duluth; benedictine living community of st. Peter foundation, st. Peter; cerenity foundation, st. Paul; cerenity-humboldt foundation, st. Paul; cerenity-marian of saint paul foundation, st. Paul; cerenity-white bear lake foundation, white bear lake; innsbruck foundation, new brighton; koda living community foundation, owatonna; madonna living community foundation of rochester, rochester; saint anne foundation, winona; st. Clare living community of mora foundation, mora; st. Crispin foundation, red wing; st. Gertrude's foundation, shakopee; st. Isidore health center of greenwood prairie foundation, plainview; st. Mary's of winsted foundation, winsted; st. Michael's foundation, virginia; st. Raphael's foundation, eveleth; villa st. Vincent/the summit foundation, crookston missouri: living community of st. Joseph foundation, st. Joseph; nazareth living center foundation, st. Louis north dakota: benedictine living center of garrison foundation, garrison; benedictine living community of wahpeton foundation, wahpeton; prince of peace and evergreen foundation, ellendale; st. Benedict's health center foundation, dickinson; st. Gabriel's community foundation, bismarck; st. Rose foundation, lamoure”

“Philanthropy is key to our mission and our ability to serve those most in need. Philanthropy is a potent tool in helping us help others. It fuels innovation, care technologies, recreation and fitness programs, and homelike spaces to put loved ones at ease. Philanthropy also allows us to offer some of the high-touch, comfort care programs that make all the difference in day to day life but are largely, if not completely, unreimbursable. In fiscal year 2020, $2,196,547 in philanthropic dollars supported resident and employee programs and capitalized facility improvements and equipment. Since 2008, more than $33,000,000 has been used to fund resident and employee programs, facility improvements, and equipment. Benedictine health system support center and facility associates further support the mission by funding various programs. Funds raised through associate giving are used to fund the fulfillment of residents' dreams, enhance spiritual care programs and initiatives such as palliative care and help fund community projects.”

“Professional fees: program service expenses 45,367. Management and general expenses 115,711. Fundraising expenses 23,942. Total expenses 185,020. Purchased services: program service expenses 361,071. Management and general expenses 920,936. Fundraising expenses 190,549. Total expenses 1,472,556.”

“The benedictine health system audit/ finance committee oversees the selection of the independent auditor and oversees the annual consolidated audit of benedictine health system and affiliates which includes the organization.”