Columbus Regional Auxiliary

“The sole member of the corporation is columbus regional healthcare system, inc - a related 501(c)(3) organization.”

“The board of directors of columbus regional auxiliary is appointed by the board of columbus regional healthcare system, inc. - a related 501 (c)(3) organization.”

“The board of directors of columbus regional auxiliary determines the issues that are brought up for discussion and most items can be approved along with the executive team of columbus regional healthcare system, inc. - a related 501(c)(3) organization. Capital expenditures in excess of $500,000 must be approved by the columbus regional healthcare system, inc.”

“Information for form 990 was provided to an independent cpa firm for preparation of the return. After the return was prepared it was reviewed by the treasurer of the organization. The board is provided with a thorough and condensed overview of information on the form 990 at the board meeting by the treasurer of the organization assisted by the independent cpa prior to filing the return.”

“Columbus regional healthcare system, inc. And its affiliates are accountable to governmental authorities as well as to members of the public for both the integrity of its actions as well as perceptions related to those actions. Consequently, there exists between columbus regional and the public the fiduciary responsibility which carries with it a broad and unbending duty of loyalty and fidelity. Columbus regional agents (i.e., board members, management, employees, contracted parties and credentialed staff) have the responsibility of administering the affairs of the organization honestly and prudently, and of exercising the best care, skill, and judgment for the sole benefit of the organization. Those agents shall exercise the utmost good faith in all transactions involved in their duties and shall not use their position with the organization or knowledge gained for their personal benefit in any manner. The interest of the organization must be the first priority in all related decisions and actions. This policy is also directed toward anyone who has proprietary information concerning columbus regional. It is the policy of columbus regional healthcare system and its affiliates, in connection with any actual or possible conflict of interest, associated agents must annually disclose the existence of a financial or otherwise beneficial interest and be given the opportunity to disclose all material facts to the chief compliance officer associated with the proposed conflicting transaction or arrangement. A conflict of interest may arise in the relationships with columbus regional agents with persons and firms supplying goods and services to the organization; persons and firms from whom the company leases property and equipment; persons and firms with whom columbus regional is dealing or planning to deal in connection with the gift, purchase or sale of real estate, securities or other property; competing or affinity organizations; donors, members or others supporting the organization; agencies, organizations and associations which affect the operations of the company; and family members, friends and other employees. Conflicts of interest may arise in a number of different circumstances and transactions. It is assumed that columbus regional agents will recognize such areas and relations by analogy. Transactions with parties with whom a conflicting interest exists may be undertaken only if all of the following are observed: the conflict of interest is fully disclosed; the person with the conflict of interest is excluded from the discussion and approval of such transaction; a competitive bid or comparable valuation exists for purchasing or related decisions; and the chief compliance officer, in consultation with others as appropriate, has determined that the transaction is in the best interest of the organization. All disclosures must be made to the chief compliance officer (or if she/he is the one with the conflict, then the board chair), who will bring the matter to the attention of the board as necessary. The chief compliance officer, in consultation with others as appropriate, shall determine whether a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair and reasonable to columbus regional. The decision of the chief compliance officer and/or board on these matters will rest in their sole discretion, and their concern must be for the welfare of the organization in the advancement of its purpose. Each member of management and employee with delegated powers who can influence the actions of columbus regional shall annually sign a statement which affirms such person: has received a copy of the conflict of interest policy and completed the disclosure statement; has read and understands the policy; and has agreed to comply with the policy. In addition, should a potential conflict of interest occur during the year but prior to the annual disclosure, the individual is ob”

“The conflict of interest policy, in addition to financial statements and other corporate and government policies, are not made available to the public.”