Medical Park Foundation Inc

“Section a, line 2: certain officers and directors of the foundation have business relationships with one another due to the foundation being a supporting organization to west georgia medical center d/b/a wellstar west georgia medical center (wwgmc)and because wwgmc is responsible for appointing three members to the board of the foundation. As a result of this, there are sometimes directors and officers of the foundation that are also directors and officers at wwgmc. Although these relationships exist, business is only conducted on terms that are generally offered to the public and thus no favorable treatment is received.”

“The board of directors consist of five (5) members, three (3) of the five (5) members are appointed by west georgia medical center, inc. D/b/a wellstar west georgia medical center. One member is appointed by fuller e. Callaway foundation, inc. And one member is appointed by callaway foundation, inc. These organizations are charitable organizations of troup county, georgia. Because of the foundation's relationship with west georgia medical center, inc. D/b/a wellstar west georgia medical center as well as its relationship with fuller e. Callaway foundation, inc., and callaway foundation, inc., at times, certain directors, officers, or other persons may be responsible for electing one or more members of the governing body of the foundation.”

“The informational return (990) is prepared by boatwright advisors llc a certified public accounting firm. A draft of the return is provided to the board of directors of the foundation where it is reviewed and approved. After approval, the return is finalized by boatwright advisors llc after which it is filed.”

“The organizations documents are available upon request to any qualified individual or organization.”

“Book / tax depreciation difference -617,654”