St Mary'S Foundation Inc

“The sole corporation 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.”

“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 undertak 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.”

“The organization does not have any committees with authority to act on behalf of the governing body.”

“The form 990 is prepared by the tax department of the parent organization, ssm health care corporation (ssm). The form 990 is reviewed by certain members of senior managment. Any questions are addressed to the tax director of ssm prior to filing the form 990 with the internal revenue service. A copy of the form 990 is provided to the board of directors prior to filing.”

“Board members are required to complete a conflict of interest disclosure statement annually. The president and secretary of 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 online. 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 organization's compensation plan is reviewed and approved at formal meetings of the compensation committee of the board of directors. The compensation committee is comprised of independent non-employee members who have no personal interest in the compensation arrangement to be reviewed and recommended by the compensation committee. The committee reviews comparable wisconsin and national compensation data and establishes base compensation at the comparable market median by the position as outlined in the compensation committee charter. Additionally, the committee has authority to retain a compensation consultant to assist the committee in evaluating senior management compensation.”

“The year-end audited consolidated financial statements and unaudited quarterly consolidated financial statements for the ssm health system are made available to the public on ssm health's website. The organization's article 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 (ssmh) has existed to meet the health needs of the communities it serves. Ssmh is a catholic, not-for-profit health system serving the comprehensive health needs of communities across the midwest through one of the largest integrated delivery systems in the nation. With care delivery sites in illinois, missouri, oklahoma, and wisconsin, ssmh includes 23 acute care hospitals, one children's hospital, more than 300 physician offices and other outpatient and virtual care services, 10 post-acute facilities, comprehensive home care and hospice services, a pharmacy benefit company, a health insurance company, and an accountable care organization. The health system employs nearly 40,000 people and is affiliated with 11,000 physicians making it one of the largest employers in every community it serves. In the tradition of its founding sisters, ssmh strives to fulfill its mission by providing exceptional health care to everyone who comes to its hospitals, regardless of their ability to pay. Ssm health st. Mary's foundation - madison helps preserve a legacy that is important to our community - a legacy of healing the body, mind and spirit through the exceptional, compassionate care for those we have the privilege to serve. In 2024, st. Mary's foundation program support exceeded $2.2 million with investments in technology, education and people to meet the growing need for complex care in our community. We are grateful for the individuals and organizations whose philanthropic giving has improved the lives of our patients, families, residents and staff. Through generous gifts to the "healing hands" campaign, $1.6 million was released to complete phase i of the operating room integration project. In the early stages of the "big campaign for little miracles" more than $220k in philanthropic support allowed for the purchase of a new transport isolette to ensure safe transport for the tiniest and most vulnerable patients that require transfer to st. Mary's hospital level iii nicu. More than $237,000 was released for clinical education, emergency releif and employee engagement. Generous giving to nursing education & advancement, wisconsin region employee relief fund, pastoral care and mission, patient care and assistance and a variety of named endowments provided funding for emerging needs throughout the year and expanded funding sources for our future. Through generous support for nursing scholarships, new tuition forgiveness awards, financial need grants for employees, and direct patient care needs the gifts we receive are investments in progress and our people that improve the patient experience. Additional information about st. Mary's foundation may be found at ssmhealth.com/donatemadison”