The Scan Foundation

“The form 990 is prepared by deloitte tax, llp working in conjunction with the scan foundation executive team and director of finance. The scan foundation's director of finance has direct responsibility for this effort, subject to supervision by the vice president of programs and operations and the president/ceo of the foundation. After an initial draft of the form 990 is prepared, it is circulated for review and comment by relevant members of the executive team who have responsibility for and/or knowledge regarding the various matters disclosed and/or described in the form. The general counsel, in particular, reviews the form 990 and ensures accuracy of descriptions and that disclosure is complete. The draft form 990 is reviewed in pertinent part by the compensation committee of the board, and the form 990 is reviewed in its entirety: and accepted by filing by the audit committee of the board of directors of the scan foundation. All members of the board of directors receive a copy of the form 990 after it is prepared for filing, prior to filing.”

“The scan foundation regularly and consistently monitors and enforces compliance with its conflict of interest policy through annual circulation of a conflict of interest questionnaire which all members of the board of directors, officers and all members of the staff must complete and sign. The foundation's general counsel assists in monitoring the conflicts of interest questionnaire, and advises regarding adherence to these policies on an ongoing basis.”

“The process for determining the compensation of the president & chief executive officer (ceo) of the scan foundation is conducted by the compensation committee of the board of directors of the scan foundation, all the voting members of which are independent persons. In determining the compensation of the president & ceo, the compensation committee works with and relies upon the counsel and expertise of an outside compensation consultant with well- established experience and expertise in the area of nonprofit organization executive compensation and compliance with the intermediate sanctions requirements applicable to such compensation. The compensation consultant provides an executive compensation report to the compensation committee each year which furnishes the basis for determining the president & ceo's compensation package during the following year. The executive compensation report is based on a review of the executive compensation practices of a variety of organizations considered comparable to the scan foundation based upon certain industry standard metrics. The compensation committee deliberates on the issue of the president & ceo's compensation package in consideration of the executive compensation report. Questions are asked of, and answered by the compensation consultant, regarding such report and other matters relevant to such package. Based on such deliberations, the compensation committee makes a recommendation to the board of directors of the scan foundation regarding the compensation package for the ceo for the following year. The full board of directors of the scan foundation deliberates on and then votes on such recommendation; the president & chief executive officer is recused for the entirety of such deliberations and vote. The minutes of the compensation committee and the board of directors for these meetings are prepared substantially contemporaneously and document such deliberations and decisions. The outside compensation consultant providing the executive compensation report and guidance related to the 2019 salary package was sullivan cotter. The process for determining the compensation of officers or other key employees of the scan foundation is conducted by the human resources department, the chief executive officer and the compensation committee of the board of directors of the scan foundation, all of the voting members of the committee are independent persons. In determining each employee's compensation, the human resources department and compensation committee work with and rely upon the counsel and expertise of an outside compensation consultant with well-established experience and expertise in the area of non-profit organization executive compesation and compliance with the intermediate sanctions requirements applicable to such compensation. The compensation consultant provides an executive compensation report to the human resources department and compensation committee every year which furnishes the basis for the establishment of such employees' compensation package during the following year. The executive compensation report is based on a review of the executive compensation practices of a variety of organizations that are considered comparable to the scan foundation based on various metrics. The president & ceo makes a recommendation to the compensation committee with respect to each of such employees' compensation package in light of the executive compensation report. At the compensation committee meeting addressing such matters, questions are asked of, and answered by the compensation consultant regarding such report and other matters relevant to such package; pursuant to their deliberations, the compensation committee makes (1) a decision regarding the compensation package for such employees other than chief financial officer (cfo) and (2) a recommendation regarding the cfo's compensation package, for the following year. The minutes of the compensation committee for this meeting are prepared”

“The scan foundation governing documents and conflict of interest policy are not made available to the public. The scan foundation makes its form 990, which contains financial information, available for public inspection. The scan foundation's audited financial statements are also made available for public inspection.”

“As part of it's refreshed five-year strategic plan covering 2019-2023, the foundation added a new goal to build resilience and capacity for older adults, families and communities by developing and operating a venture studio during the five year time frame.”

“Compounding this problem is people's misperceptions about the likelihood of needing ltss as they age. As a result, there is little demand for an alternative solution. The largest sources of spending today are personal/out of pocket, then medicaid. Goal 3 successes: chronic care act and special supplemental benefits for the chronically ill (ssbci): the chronic care act which was passed as part of the 2018 budget act gives medicare advantage plans for the first time the opportunity to provide non-medical benefits to select members with serious chronic health conditions. The foundation convened a large stakeholder group, including health insurers, that developed a consensus document of guiding principles, with the goal of large-spread implementation of ssbci throughout the country. Subsequent investments were made to broadly disseminate the guiding principles. At the same time, the foundation provided education to state medicaid directors to better understand medicare regulations and how they can be successfully used for developing integrated care programs for dually eligible individuals. Communications: to prepare the larger public for the long-term care needs of their families and themselves, the foundation funded a number of key communications projects. Kaiser health news developed regular articles focused on policy issues around ltss. Meanwhile a project with hollywood health & society educated screenwriters for film and television on how to accurately portray aging and long-term care issues and encouraged them to produce media that helps the general public to connect with these issues and prepare for their long-term care needs. Another key engagement in 2019 was in support of family care givers. The foundation engaged vox to develop a video that speaks specifically to millennial care givers who make up a large portion of family care givers, often at great personal and professional sacrifice. To reach an even larger audience, the foundation submitted an application to participate in the 2020 tournament of roses, which was accepted. Family caregivers of all generations were featured on the float, all of whom were heavily engaged in social media posts and various news outlets in the weeks leading up to the rose parade. The float and our caregiving message was seen by 750,000 spectators along the parade route and 40 million people on television. During the post parade fair, foundation staff engaged with several thousand visitors to think about their aging and long-term care needs.”

“Unexpended grants 132,217.”

“Unexpended portions of grants: the scan foundation keeps track of its grantee's spending to ensure that the dollars are spent towards the intended grant purposes. If a project spends less than the initial grant amount, the scan foundation writes off the remaining amount or the unspent funds are refunded to the scan foundation.”