Minnesota Veterans Medical Research and Education Foundation

“Category i board members are automatically on the board of cvre due to their position held at the minneapolis va health care system. Directed by vha handbook 1200.17 title 38 u.s.c sections 7361 through 7366.”

“An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's executive director and accounting manager. Any questions or concerns the organization's director and accounting manager have are addressed and any corrections or clarifications that need to be made are made. A copy of the form 990 is provided to the finance & audit committee and governing body before being filed.”

“Center for veterans research and education has a written conflict of interest policy. The foundation requires officers, directors, and employees to review and sign the policy each year and disclose any interest that could give rise to conflicts. The attorneys of the organization will review the conlficts if one exists. A director, officer or employee who has a potential conflict of interest with respect to a proposed decision, policy or transaction or arrangement (an interested party) will not participate in any way in, or be present during, the deliberations and decision-making vote with respect to such matter. However, that person will have an opportunity to provide factual information about the proposed conflict and/or matter that provoked the potential conflict. Also, the board may request that an interested party be available to answer questions. A decision by the disinterested members of the board will be made by vote of a majority of members in attendance at a meeting at which a quorum is present.”

“The board, made up of mostly non-independent persons, reviewed and approved compensation for the previous executive director and key employees in 2021, and current executive director in 2023. This process includes the use of comparability data and substantiation of this deliberation and decision made. The foundation does report any other paid officers or key employees.”

“Center for veterans research and education makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“Supported research studies are conducted for the purpose of discovering new or improved treatments for disease and disability; and for education of va patients and families, and va personnel for their development and advancement of new knowledge.”

“Funding for the research activities of cvre is derived from federal and state granting and award mechanism, and privately funded award and contracts provided by corporations and from other not-for-profit organizations. These sponsored awards are issued in the forms of - but not limited - crada's (cooperative research and development awards), industry contracts, clinical trial agreements and grant awards. Cradas establish the terms of sponsored collaborative research, generally with non-federal industry partners, and are specifically designed to protect the parties' prior inventions while allowing research partners to negotiate management of any new discovery or intellectual property that may result from the collaboration. Cradas are governed by the title 15 commerce and trade, chapter 63, technology innovation, section 3710a cooperative research and development agreements. They are subject to review and approval of the va ogc. All research projects must be approved by the minneapolis va research and development (r&d) committe and applicable subcommittees. The r&d committee has overall responsibility for the conduct and oversight of all research administered this organization, and the research is governed by federal rules and regulations. These types of research studies are differentiated by funding source, and by their intent to generate new knowledge.”

“Description:contract payments total fees:1735021”

“Description:lab services total fees:255185”

“Description:research subject payments total fees:178315”

“Description:other contracted services total fees:362135”