The Evangelical Lutheran Good Samaritan Foundation

“The following officers, board members, and key employees are employees of the evangelical lutheran good samaritan or its related organizations. Many of these employees also serve on other related entities boards or have business relationships with each other that span the organization as a whole: randy bury,brian davidson, karen mousel, fred pitzl, joann kunkel, bobbie tibbetts and suzie o'meara.”

“The evangelical lutheran good samaritan society is the sole member of the corporation.”

“The board of directors of the corporation is appointed by the evangelical lutheran good samaritan society.”

“The board of directors has full and complete responsibility for maintaining property, affairs and business of the corporation.”

“The form 990 is prepared internally by the tax department and reviewed by executive management. An external accounting firm reviews the return. Before the return is filed, a complete copy is provide to the current board of trustees.”

“The annual conflict of interest disclosure process is managed by the chief compliance officer (cco). The cco is responsible for assuring that all completed forms are returned in a timely and complete manner. Conflict of interest questionnaires are sent to the system trustees, members of the governing boards of subsidiary entities, officers, and key employees for all entities subject to the irs form 990 filings. The disclosures are summarized for review by the executive committee of the board of trustees, pursuant to policy. This review allows: 1)the board to acquire an awareness of financial relationships of board members and key management employees and can invoke the recusal process on a case by case basis if potential conflicts are implicated in board decisions and deliberations, and 2) gives the board the opportunity to seek additional information and clarification about disclosures to determine potential conflicts of interest and how to manage them.”

“Sanford as the parent organization does have a process for determining compensation of the persons listed on part vii section a, including a review and approval by independent persons, review of comparability data and contemporaneous substantiation of the deliberation and decision for such compensation. The executive compensation committee of the sanford board of trustees directly engages a nationally recognized independent compensation consulting firm annually to review the total compensation arrangements of the officers and executives of the organization, including the ceo, and to report the findings to them for deliberation and action. The deliberations and actions are recorded in the minutes of the sanford board of trustees. The most recent study was completed in 2019.”

“Although the organization does not maintain a website where the public can access these documents, it would respond individually to any requests or inquiries from the public for these documents.”

“Transfer from related tax exempt org for payroll and operating expenses 4,618,459. Perm restricted net asset reclasses (endowments) from society 708,582. Temp restricted net asset reclass (donor-restricted gifts) from society 9,485,604. Transfer of perm restricted beneficial interest from society 4,166,809. Transfer of restricted 2019 activity from society 3,459,524. Transfer of temp restricted net assets from prospera 936.”