St Mary'S Foundation Inc

“The sole corporate member is ssm health care of wisconsin, inc. Ssm health care of wisconsin, inc. Is a nonprofit 501(c)(3) organization that operates three hospitals and two skilled nursing facilities. Both the foundation and ssm health care of wisconsin, inc. Are part of the integrated health care system known as ssm health care.”

“The member has the right to appoint the board of directors except for any director who serves ex officio, and to remove the directors with or without cause.”

“The member has the following powers: a. To establish and change the philosophy of the corporation b. To appoint the board of directors, except for any director who serves ex officio, and to remove the directors with or without cause c. To approve amendments to the articles of incorporation of the corporation as provided therein d. To approve the bylaws of the corporation and any amendments thereto e. To approve the merger, consolidation or dissolution of the corporation f. To approve the sale, conveyance, assignment, transfer, alienation, pledge, encumbrance, mortgage or lease of real property or any interest therein of the corporation in accordance with the policies approved by the member from time to time g. To approve (i) the acquisition of real property or any interest therein or (ii) the acquisition of stock of a corporation if, after the acquisition, the corporation will own a majority of the voting stock of such corporation, in accordance with policies approved by the member from time to time h. To approve the sale, transfer or other disposition ("disposition") of the voting stock of a corporation if before the disposition the corporation owned a majority of the voting stock of the corporation and after such disposition the corporation would not own a majority of the voting stock of the corporation, in accordance with policies approved by the member from time to time i. To approve any borrowing or guarantees of the corporation in accordance with policies approved by the member from time to time j. To establish centralized employee benefit, insurance, investment, financing, corporate responsibility, performance assessment and improvements and other operational and support programs; to require the participation of the corporation in such programs; and to authorize the opening and closing of bank accounts and investment accounts in the name of the corporation in connection with such programs k. To approve the acceptance of any gift or contribution which, in connection therewith, would impose a continuing obligation upon the corporation, including, without limitation, the obligation to provide health care services, pay an annuity or undertake any other obligations, except as otherwise determined by the member pursuant to policies adopted by the member from time to time; and l. To approve or reject proposals for expenditures or contributions in accordance with the bylaws in the event the president of st mary's hospital and the board of directors do not agree with respect to the approval of such proposal.”

“Accounting/finance personnel at each ssmhc (ssm health care system) entity, in conjunction with corporate finance personnel, prepare a checklist containing information and supporting schedules that are used to prepare the form 990. This information is then reviewed by a supervisor/manager and sent to the corporate office for final review and coordination of the system level form 990 information. Ssmhc personnel prepare the form 990 and submit the completed form 990 to an outside tax consulting firm who reviews the form 990 and signs as paid preparer. The completed form 990 is provided electronically to all board members for review prior to filing.”

“Board members are required to complete a conflict of interest disclosure statement annually. The president and secretary to the board oversee compliance with this requirement. All board members with an identified conflict of interest abstain from board discussions and votes when applicable. Employees with purchasing authority and/or ability to influence purchasing decisions are assigned the conflict of interest disclosure course (coi) which must be completed on line. Periodically through the year, the entity's corporate responsibility contact person (with the help of the entity's learning management system coordinator) sends department managers a list of employees who have not yet completed their coi so they can remind the employees and ensure the employees have time in their schedule to complete the required course. Resolution of any conflicts that are disclosed must be documented and kept on file at the entity. Supervisors verify required course completion prior to year end.”

“The year-end audited consolidated financial statements and unaudited quarterly consolidated financial statements for the the ssm health care system are made available to the public on ssm health care's website. The organization's articles of incorporation are available upon request to the wisconsin department of financial institution's office. Copies of the form 990 and the organization's conflict of interest policy are available to the public upon request.”

“Since it was founded in 1872 by catholic sisters, ssm health care (ssmhc) has existed to meet the health needs of the communities it serves. As of november 15, 2013, with vatican approval, the franciscan sisters of mary transitioned sponsorship of ssmhc to ssm health ministries. Ssm health ministries is an independent 6-member body comprised of three franciscan sisters of mary and three lay people who collectively hold certain reserved powers over ssmhc. Headquartered in st louis, missouri, ssmhc owns and operates 18 acute care hospitals, one children's hospital, two long-term care facilities, an extensive network of physician practice operations, and other health care businesses located primarily in missouri, oklahoma, wisconsin, and illinois. The health system employs approximately 30,000 people and is affiliated with more than 8,000 physicians. In the tradition of its founding sisters, ssmhc strives to fulfill its mission by providing exceptional health care to everyone who comes to its hospitals, regardless of their ability to pay. St. Mary's foundation raises funds to support the healing mission of st. Mary's hospital and st. Mary's care center. Through gifts to the foundation, donors support medical programs, the purchase of medical equipment, building improvements and departmental programs which benefit patients, residents and their families. In 2013, st. Mary's foundation provided funding for equipment such as: 1) ceiling lifts, equipment and training to keep patients and caregivers safe. 2) a pharmacy med-carousel to enhance safe and efficient distribution of medicines, 3) electric exam chairs for the comfort of dialysis patients and safety of caregivers, 4) nitrous oxide sedation system to mitigate anxiety for pediatric patients, 5) cardiohelp system, to support blood oxygenation and carbon dioxide removal during transport or procedure. St. Mary's foundation also provided department grants for patient, resident and family emergencies, and nursing and physician education. Additional information about st. Mary's foundation may be found at stmarysfoundation.org and at stmarysmadison.com.”

“Losses on uncollectible pledges - -15765;”