Buncombe County Medical Society (Foundation)

“The 990 is prepared by independent accountants, reviewed by management and presented to the entire Board for final approval before filing.”

“Board members sign conflict of interest disclosure statements annually. Any potential conflicts are handled according to policy.”

“The Foundation is affiliated with the Western Carolina Medical Society Association, a 501(c)(6) membership organization serving physicians in Western North Carolina. The Association shares offices & employees with the Foundation. All personnel working on Foundation activities are employees of the Association, including the Foundation Executive Director. Working together, the Association and Foundation have a policy for determining Executive Director compensation which originates with the board of directors, utilizes comparability data, and is documented.”

“Forms 1023 and 990 are available upon request and the 990 is also available on the Foundation's website and on Guidestar's website.”

“Governing documents, conflict of interest policy and audited financial statements are available upon request.”

“Other changes in net assets are comprised of Endowment and investment Gains of $17,491.”

“Schedule R”

“Schedule R Pt. V, Line 1n, line 1o and line 1p -”

“The Association provides office space and the use of office equipment for Foundation activities under contract for a fee. The Foundation does not have any employees of its own. Programs are carried out by Association employees, some of whom divide their time between Association and Foundation activities. The Foundation reimburses the Association for certain expenses paid by the Association on behalf of the Foundation.”

“Merger”

“Buncombe County Medical Society (Foundation) was terminated on July 1, 2014 per a Plan of Agreement of Merger, which is attached, and summarized below.”

“As of July 1, 2014, Buncombe County Medical Society (Foundation), ("Merged Entity") merged into Western Carolina Medical Society Foundation, Inc., ("Surviving Corporation"). The separate existence of the Merged Entity ceased on the July 1, 2014, and the Merged Entity and the Surviving Corporation became a single corporation.”

“Western Carolina Medical Society Foundation, Inc. is a 501(c)(3) North Carolina nonprofit corporation. Its tax-exempt purpose is identical to that of Buncombe County Medical Society (Foundation)-- to address issues of access to quality health care, reduction of disparities in health care, and wellness and prevention.”

“The purpose of the merger is to continue the organizational structure and operational programs of Buncombe County Medical Society (Foundation) under Western Carolina Medical Society Foundation.”

“All contracts, assets, liabilities, programs, and obligations of Buncombe County Medical Society (Foundation) became the contracts, assets, liabilities, and obligations of Western Carolina Medical Society Foundation.”

“The merger was approved by the board of directors of each entity, effective July 1, 2014.”

“Through the merger, Buncombe County Medical Society Foundation distributed net assets of $1,115,928 to Western Carolina Medical Society Foundation.”

“About same to the patients of member physicians throughout 0. 0. 0. African americans, latinos, eastern europeans, and lgbt. 0. 0. 0. Wnc (pisgah legal services, wncchs, coa for buncombe 0. 0. 0. In 2014 project access helped 2,571 low income, uninsured 0. 0. 0. 2. Continue moving toward health parity by marketing/ 0. 0. 0. Win had 4,355 appointments from january december 31, 2014, 0. 0. 0. Meetings with blue ridge region hospital in mitchell county 0. 0. 0. Languages of their limited english pr”

“Uncollectible account expense 1175. 0. 1175. 0. Miscellaneous 2583. 2166. 142. 275. Event expense 886. 0. 100. 786.”