St Anthony Foundation

“The Executive Committee is a standing committee and consists of the Chairperson, Vice-Chairperson, Secretary/ Treasurer and at least two elected members of the Board of Directors. This committee has the power to transact all regular business of the Corporation during the interim between the meetings of the Board of Directors, provided any action taken does not conflict with the policies and expressed wishes of the Board and that it refers all matters of importance to the Board of Directors.”

“Allen Anderson, Eric Salmonson, Deb Auen, Peggy White, and Sr. Theresa Keller have a business relationship.”

“The former members of the St. Anthony Foundation are the sisters of the religious community known as the Congregation of the Sisters of the Third Order of the St. Francis of Perpetual Adoration (FSPA). The FSPA has formed St. Anthony Ministries to assume canonical sponsorship and membership of the St. Anthony Foundation, performed previously by the FSPA. St. Anthony Ministries is the sole member of St. Anthony Foundation.”

“St. Anthony Ministries, as the sole member of St. Anthony Foundation, approves the election of the Board of Directors.”

“The following powers are reserved exclusively to the St. Anthony Ministries, the sole member of the Foundation. I. To change the philosophy, objectives and purposes of the Corporation for which it was and is formed and exists; 2. To amend, alter, modify or repeal the Articles of Incorporation; 3. To amend, alter, modify or repeal these Bylaws; 4. To merge or to consolidate this Corporation with another corporation or organization; 5. To dissolve or terminate the existence of this Corporation and to determine the distribution of assets upon such termination or dissolution to other not-for-profit charitable organizations; 6. To approve the encumbrance, sale, disposition or other form of alienation of the stable patrimony of St. Anthony Ministries in excess of the amount established by the Holy See from time to time; 7. To approve the following actions initiated by the Board of Directors: (i) the appointment of the Chief Executive Officer (here, the executive director, if one is appointed) of the Corporation; and (ii) the appointment of the members of the Board of Directors for the Corporation and the removal of Board Members without cause; 8. No indebtedness, except for current operating expenses and ordinary capital expenditures, shall be incurred by or on behalf of the Corporation unless authorized by the Members of this Corporation. 9. Corporate real estate shall not be purchased, disposed of nor encumbered by or on behalf of the Corporation, unless authorized by the Members of the Corporation.”

“The final version of the Form 990 was given to each member of St. Anthony Foundation's Board of Directors prior to filing the return. The Form 990 was reviewed by the Chief Financial Officer and the Audit Committee of St. Anthony Regional Hospital and Nursing Home.”

“The Officers and Board Members annually disclose in writing, "any interest which would be inconsistent with the expeditious, proper, and impartial performance of duties." Defining disclosable conflict or duality of interest as any matter in which the corporations are "interested which affects the financial interest or employment of such member, a member of his/her family by blood or marriage, or any business enterprise in which he/she or such family member is employed or has a financial interest." Officers and Board members are required to disclose the facts surrounding any possible conflict of interest throughout the year. If a conflict of interest is disclosed by an Officer or Board Member, during a board meeting the Officer or Board Member will not participate in any discussions or deliberations regarding the matter and would abstain from any voting decisions on this matter during the meeting. All conflict of interests that are disclosed will be reported in the minutes of the board meetings.”

“Compensation for the CEO/President and CFO/Vice President is determined by St. Anthony Regional Hospital and Nursing Home, a related organization.”

“The Foundation's governing documents, conflict of interest policy, and financial statements are not available to the public. The Form 990 public disclosure copy if available and contains information regarding these documents, policies, and financial statements.”