Peninsula Regional Medical Center Foundation Inc

“Form 990, Part VI, section A, Line 2 NEVINS W. TODD, JR, M.D. AND WILLIAM C. TODD, M.D. HAVE A FAMILY RELATIONSHIP WITH EACH OTHER.”

“Form 990, Part VI, SECTION A, Line 6 PENINSULA REGIONAL HEALTH SYSTEM IS THE SOLE CORPORATE MEMBER OF THE FOUNDATION.”

“Form 990, Part VI, section A, Line 7a IN ITS CAPACITY AS THE SOLE CORPORATE MEMBER OF THE FOUNDATION, PENINSULA REGIONAL HEALTH SYSTEM HAS THE ABILITY TO ELECT MEMBERS OF THE FOUNDATION'S GOVERNING BODY.”

“Form 990, Part VI, section A, Line 7b AS THE SOLE CORPORATE MEMBER, PENINSULA REGIONAL HEALTH SYSTEM ALSO HAS THE ABILITY TO APPROVE MAJOR EXPENDITURES AND LONG TERM BORROWINGS OF THE FOUNDATION.”

“UNDERTAKEN Form 990, Part VI, section A, Lines 8a & 8b THE GOVERNING BODY OF THE PENINSULA REGIONAL MEDICAL CENTER FOUNDATION DOCUMENTS ALL MEETINGS HELD. COMMITTEES OF THE FOUNDATION ALSO DOCUMENT ALL MEETINGS HELD, BUT DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD. COMMITTEE CHAIRPERSONS PRESENT RESOLUTIONS TO THE GOVERNING BODY FOR APPROVAL.”

“Form 990, Part VI, section B, Line 11b THE COMPLETION OF THE ORGANIZATION'S FORM 990 HAS BEEN DELEGATED TO THE AGENT OF PENINSULA REGIONAL MEDICAL CENTER FOUNDATION BY THE PRESIDENT OF PENINSULA REGIONAL HEALTH SYSTEM, THE PARENT CORPORATION OF BOTH PENINSULA REGIONAL MEDICAL CENTER AND PENINSULA REGIONAL MEDICAL CENTER FOUNDATION. THE AGENT OF THE FOUNDATION IS ALSO THE CHIEF FINANCIAL OFFICER OF THE MEDICAL CENTER. THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE PRESIDENT OF THE HEALTH SYSTEM.”

“Form 990, Part VI, section B, Line 12c A CONFLICT OF INTEREST POLICY HAS BEEN ADOPTED BY THE FOUNDATION'S BOARD OF DIRECTORS/EXECUTIVE COMMITTEE. THE BOARD OF TRUSTEES IS REQUIRED TO DISCLOSE ANNUALLY, IN WRITING, ANY AND ALL INTERESTS WHICH THEY OR ANY IMMEDIATE FAMILY MEMBER MAY HAVE IN ANY BUSINESS ENTITY WHICH HAS OR SEEKS A CONTRACTUAL OR COMPETITIVE RELATIONSHIP WITH THE FOUNDATION. THE BOARD WILL HAVE THE AUTHORITY TO DETERMINE IF A VIOLATION HAS OCCURRED AND WHETHER ANY INTEREST WHICH SHOULD BE DISCLOSED SHOULD DISQUALIFY A DIRECTOR FROM PARTICIPATING IN ANY SPECIFIC BOARD DISCUSSION OR BOARD MEMBERSHIP.”

“Form 990, Part VI, section B, Line 15a COMPENSATION OF THE FOUNDATION'S PRESIDENT IS DETERMINED BY THE PRESIDENT OF PENINSULA REGIONAL MEDICAL CENTER, A RELATED TAX EXEMPT ORGANIZATION IDENTIFIED IN FORM 990, SCHEDULE R. THE FOUNDATION'S PRESIDENT IS AN EMPLOYEE OF THE MEDICAL CENTER AND RECEIVES ALL COMPENSATION FROM THIS RELATED ORGANIZATION.”

“Form 990, Part VI, section C, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO PENINSULA REGIONAL MEDICAL CENTER FOUNDATION OR THE PUBLIC INFORMATION OFFICE OF PENINSULA REGIONAL MEDICAL CENTER AT 100 EAST CARROLL STREET, SALISBURY, MD 21801.”