St Anthony'S Medical Center Foundation

“Members: according to the articles of incorporation, the governing body is appointed by a vote of two-thirds of the directors of the supported organization. In accordance with the form 990 instructions for this section, the supported organization, st. Anthony's medical center, is considered to be a member of the reporting organization due to its right to participate in the governance of the organization.”

“Election of governing body: the board of directors is appointed by a vote of two-thirds of the directors of the supported organization.”

“Approval of members: the following decisions require the approval of two-thirds of the directors of the supported organization: - appointment of directors - removal of directors - dissolution of the organization”

“Review process: returns are prepared and initially reviewed by st anthony's medical center's finance staff and preparer bkd. After these reviews are completed, the returns are then reviewed with the chief financial officer (cfo) of st. Anthony's medical center ("samc") by its finance staff. Once this review occurs, returns are mailed to board / finance committee members of samc for review, questions, and comments directed to the samc cfo or his or her designee. Copies of the returns are provided to the st. Anthony medical center foundation's board and the st. Anthony's medical center board. Once all reviews have taken place, the returns are filed with the internal revenue service.”

“Compliance with conflict of interest policy: to ensure that all affiliates operate in a manner that is consistent with their charitable purposes and that they engage only in transactions that are reasonable and the result of arm's length bargaining, st. Anthony's medical center has adopted and enforces compliance with a conflict of interest policy for all of its affiliates, including st. Anthony's medical center foundation. The policy requires disclosure of any actual or potential conflict of interest. Individual directors, officers and key employees are surveyed annually concerning their relationships to determine whether conflicts of interest might exist. If the st. Anthony's medical center board of directors or any committee or administrator has reasonable cause to believe that an individual has failed to disclose actual or potential conflicts of interest, the individual must be informed and afforded the opportunity to explain the alleged failure to disclose. If, after hearing the response of the individual and making such further investigation as may be warranted in the circumstances, the st. Anthony's medical center board of directors, or any committee or administrator determines that the individual has, in fact, failed to disclose an actual or potential conflict of interest, appropriate disciplinary and corrective action shall be taken against the individual.”

“Process for making documents available to public: the organization considers its governing documents, conflict of interest policy and financial statements to be proprietary. Accordingly they are not made available to the general public.”

“Process for determining compensation: the organization has no employees and pays no compensation. The supported organization provides administrative functions at no charge.”

“Oversight committee: responsibility for oversight of the audit and selection of the independent accountant is assumed by the finance and audit committee of the governing body of st. Anthony's medical center, the supported organization.”