Tmf Health Quality Institute

“The secretary/treasurer of the finance committee of the tmf health quality institute board of trustees will receive a copy of the irs form 990 tax return prior to its filing with the irs. The secretary/treasurer and the cfo will review the form. The review will include the following: * discussion of new irs requirements and revisions to the form 990 from the previous year. * a brief description of schedules and related attachments all members of the board of trustees will receive a printed or electronic copy of the completed form 990 prior to filing of the irs form 990. During the next scheduled board meeting, the finance committee will discuss the irs form 990 and report to the full board. There will be an opportunity for all board members to ask questions regarding the tax return. During the finance committee report to the board, any discussions of the completed irs form 990 will be documented in the minutes.”

“Each year, board members, officers and key employees are required to provide tmf with a disclosure of entities and relationships that could give rise to a potential conflict of interest. This information is provided to and reviewed by tmf's compliance officer and outside general counsel. Before tmf enters into a contract or other financial relationship with a third party, the contract or substance of the financial relationship is submitted to tmf's compliance officer and tmf's general counsel. If general counsel and tmf's compliance officer is satisfied that the contract or other relationship would not result in a conflict of interest or the appearance of a conflict of interest, tmf will proceed with the contract or relationship. If a conflict or the appearance of a conflict is determined, tmf will not proceed with the contract or relationship unless an acceptable mitigation plan can be developed and implemented.”

“The compensation committee of the board of trustees obtains information from sources it deems relevant and necessary to determine reasonable compensation for officers and key employees. In addition to tmf's chief human resources officer, an independent consultant is obtained periodically, to review appropriate levels of compensation for all these people and make recommendations to the compensation committee of the board. The consultant was last obtained in 2024. The president & ceo reviews the recommendations of the chief human resources officer and any independent consultant and advises the compensation committee of the board of the determination concerning the compensation of all officers and key employees other than the president & ceo. The compensation committee and the board may accept the president & ceo's determination or modify it. The compensation committee makes a recommendation to the board about the president & ceo. The board then sets what it determines to be appropriate compensation for the president & ceo. The process and information reviewed in making these determinations is documented contemporaneously.”

“The governing documents are available on the website. The conflict of interest policy and financial statements are available upon request.”

“Consulting & subcontractors: program service expenses 5,854,426. Management and general expenses 1,282,611. Fundraising expenses 0. Total expenses 7,137,037.”