St. Lukes Hospital Foundation Inc.

“The executive committee shall be composed of the officers of the corporation, the president of st. Luke's healthcare, the chairman of the board of directors of st. Luke's healthcare, the chairmen of the standing committees of the foundation and the executive director (without vote). The chairman of the board of trustees shall be the chairman of the executive committee. The vice-chairman of the board shall be the vice chairman of the executive committee. When the board is not in session, the executive committee shall have the power and authority of the board to transact all regular business of the corporation, subject to any prior limitations imposed by the board or by statute. Meetings of the executive committee shall be held at the call of the chairman or upon delegation of the chairman to the vice-chairman. The executive committee shall not take any action that conflicts with policies of the board and shall submit its minutes and records to the next meeting of the board of trustees for its review. Five (5) members of the executive committee shall constitute a quorum at any meeting of the executive committee. Any motion or resolution may be carried by a majority of those in attendance, provided, however, that no motion or resolution at any meeting of the executive committee shall be carried unless it receives the affirmative vote of at least (5) members of the executive committee attending the meeting.”

“The finance committee were notified that the form 990 is available for review. The organization held a full board meeting, where the finance committee presented the form 990 to the entire board. A copy of the form 990 was made available to each voting board member for review prior to the meeting. Additionally, each member received a copy of the 990 at the board meeting. After a question & answer period, the voting board voted to approve the form 990 as presented.”

“Officers, directors or trustees, and key employees are required to sign a conflict of interest statement upon hire or appointment. The conflicts of interest statement is signed annually. The conflict of interest policy is explained during new employee orientation and although all employees are not to sign the statement the employees are encouraged to report conflict of interest issues.”

“A market based pay scale was used to determine the compensation package for the director of the foundation. The compensation is also based on qualifications and years of experience.”

“Recent filings of the form 990 are available upon request at the organization's administrative office. In addition, recent filings of the form 990 are available online at www.guidestar.org.”

“Photocopies of the organization's governing documents, conflict of interest policy, and financial statements are available upon written request at the organization's administrative office.”

“The process has not changed from the prior year.”