Oconee Medical Holdings

“The final form 990 and all schedules and disclosures are forwarded by electronic mail to the corporation's board of directors for their review and comment prior to filing.”

“The conflict of interest policy applies to any director, officer or member of senior management of the corporation and requires disclosure of any direct or indirect financial interest (defined broadly in the policy) in a transaction or arrangement. After disclosure or discovery of a potential conflict, the board makes a determination of whether a conflict exists without participation of the interested party. The interested person may make a presentation to the board or committee, but would be required to recuse himself/herself from a discussion of and any vote on the transaction or arrangement. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances not producing a conflict of interest, the committee may enter into a transaction with an interested party only if it determines the transaction or arrangement is in the corporation's best interest, for its own benefit, and is fair and reasonable to the corporation. The board or a committee may investigate alleged failures to disclose conflicts of interest, and take appropriate disciplinary and corrective action, including but not limited to cancellation or voiding any contract or transaction entered into, with, or benefitting an interested party.”

“Copies of the form 990 are made available upon request.”

“The corporation's articles of incorporation are available from the sc secretary of state. Other governing documents including the bylaws and operating policies, such as the conflict of interest policy, are by state law not subject to general public disclosure. This form 990 constitutes the corporation's public disclosure of its financial statements.”

“Change in net assets to oconee medical center foundation 502,066.”