The Hospital for Sick Children

“Members or stockholders the hsc foundation is the sole member of children's national rehab. & spec. Care (rsc).”

“Election of members the hsc foundation is the sole corporate member of rsc. Children's national medical center (children's national) is the sole corporate member of the hsc foundation. On september 1, 2019, the foundation affiliated with children's national and for a period of five years thereafter, the members of the foundation's governing body together with the board of children's national appoint the members of rsc's governing body. After september 1, 2024, children's national will appoint members of rsc's governing body.”

“Election of members the sole member (the hsc foundation) together with its sole member (children's national) have all of the powers specified in the articles of incorporation and bylaws, including the power to: (a) establish rsc's policies and goals, and approve the bylaws including any amendments thereto; (b) appoint and remove rsc's board of directors; (c) monitor the decisions of the rsc's board of directors; and (d) approve rsc's budget. On september 1, 2019, and by means of an affiliation agreement, the hsc foundation affiliated with children's national. Effective as of that date, the hsc foundation and rsc amended and restated rsc's bylaws to comply with children's national's system of governance. Under children's national's system of governance, children's national retains certain authority over subsidiary (and a subsidiary of a subsidiary) entities. The retention of authority includes items such as: the authority to amend a subsidiary's governing documents, authorization of the sale of substantially all assets, appoint/remove officers and directors, approve budgets, set signature authority, and adopt an enterprise-wide compliance plan. The affiliation agreement anticipates a five-year integration period, during such period the hsc foundation and children's national will share responsibility for certain authorities that are otherwise set under the system of governance. After september 1, 2024, children's national will have sole responsibility for authority that is reserved under the system of governance.”

“Review of form 990 by governing body one the form 990 and all schedules have been prepared by the organization's professional tax services provider, the relevant committees of the organization, entity operational leadership, and finance management review applicable portions of the form 990. Rsc posts a copy of the form 990 to the rsc board's portal prior to filing with the irs. The completed form 990 is also made available to the board of children's national before filing.”

“Conflict of interest policy each of rsc and its corporate member, the hsc foundation, have adopted the conflict of interest policy of the parent organization, children's national. Children's national and its subsidiaries ask each officer, director, and key employee to complete a conflict of interest form at least every year. In addition, each officer, director, and key employee is instructed to amend the conflict of interest form immediately upon a change in status of any of the questions on the form. These forms are reviewed annually by the chief legal officer and conflicts of interest are noted. The children's national board makes a determination, based on the recommendation of the chief legal officer as to which persons should be considered "interested parties" based on the criteria set forth in the board's governance policy. Form 990, part vi, section b, lines 13 & 14: governing policies rsc is governed by the compliance policies of children's national, the sole member of rsc's parent organization. These policies include a written whistleblower policy and a written document retention and destruction policy.”

“Process for determining compensation rsc relies on children's national, the parent of its sole member, to determine compensation for the organization's president. Children's national used an executive compensation committee, independent compensation consultant, compensation survey or study, and approval by the people, culture and compensation committee of the board to establish compensation.”

“Required documents available to the public the organization makes its conflict of interest policy, financial statements and organizational documents available to the public upon request.”

“Former officer, kimberly brown, and former key employee, donna anthony, are listed as "former" on part vii, but continue to be employed by children's national in a different capacity. They no longer serve the hospital for sick children in their prior role as officer or key employee.”

“The filing organization has entered "0" in part v, line 1a and line 2a because the organization's 1099 and w-2 returns are filed by and under the name and ein of children's hospital, inc., a related entity, under a shared services agreement.”