Pitt Memorial Hospital Foundation Inc

“The Form 990 is reviewed by legal counsel, the Chief Compliance Officer, and Foundation officers. Following this review, it is made available to Board Members by email prior to filing.”

“All Officers, Board Members and Key Employees are required to complete an annual comprehensive conflict of interest questionnaire. These are reviewed by legal counsel and any potential or actual conflicts are brought to the Board for disposition. Board Members are instructed to report any potential conflicts arising during the year for review. Board Members are required to recuse themselves from voting on issues in which they are deemed to have a conflict.”

“The Organization does not make its governing documents, conflict of interest policy or interim financial statements available to the public. However, an annual report of donor recognition and key activities also advises that the audited financial statements are available for inspection at the Foundation office for the same period of disclosure as set forth in IRC section 6104(d).”

“Description of Community Benefits Program: The Pitt Memorial Hospital Foundation (DBA Vidant Medical Center Foundation) and the University Health Systems Foundation (DBA Vidant Health Foundation) are committed to improving the health and well-being of the people and communities of Eastern North Carolina. The mission is to support the mission of Vidant Health of enhancing the quality of life for the people and communities it serves, touches and supports by developing relationships and securing financial resources for targeted health and wellness services. The Foundations are North Carolina non-profit corporations with headquarters in Greenville, North Carolina. Vidant Health and its affiliates operate an integrated health care delivery system that serves a total market of approximately 1.4 million people in 29 contiguous counties in Eastern North Carolina. The Vidant Health Foundation has the same governing board as the Vidant Medical Center Foundation which comprises 24 voting members as of 9/30/16; and 3 additional trustees to represent the Development Councils of applicable regional community hospitals. The Nominating Committee recommends appointments to the Board of Trustees. The Board Members have diverse backgrounds and are selected to represent the citizens of Eastern Carolina. Board meetings are held quarterly. The Vidant Medical Center and the Vidant Health Boards annually support the Community Benefit Initiatives Program of the foundations. These funds are awarded to community agencies that successfully demonstrate both need and a well-designed plan to address one of the priority categories. 1. These grants support health initiatives through local community organizations. Generally, two to three focus areas have been selected for each program from the following list including: access to care, chronic disease prevention and management, nutrition and physical activity, diabetes prevention and management, and maternal and child health. The community health priorities are determined several ways including: in partnership with the local health departments, and consideration of results of state-mandated community health assessments by each local Healthy Carolinians task force. Those task force groups then compile a list of the most pressing issues in their communities, and discuss ways to address them. 2. The populations served are largely the poor, the under-served, and minorities. Determination of specific populations to address occurs when partners such as the North Carolina Department of Health and Human Services, local health departments, county Healthy Carolinian task forces, or physicians identify a quantifiable need, and community partners are engaged to work together with the health system. Overview of other programs and activities: Other programs resulted in distribution of approximately $6.5 million from designated gifts and contributions for children's services, hospice services, scholarships, and other designated programs. The sources of these funds include 3,832 donors across Eastern North Carolina, investment earnings from endowed funds, the Annual Children's Miracle Network Program, and many individual and corporate gifts from new supporters and loyal donors.”

“Outstanding Checks Reversed 14,973. Net Asset Transfer -9,636,808.”

“University Health Systems of Eastern Carolina Foundation, Inc. DBA Vidant Health Foundation (EIN: 20-0777374) merged with Pitt Memorial Hospital Foundation, Inc DBA Vidant Medical Center Foundation (EIN: 58-1399266) effective October 1, 2016. Pursuant to the Articles of Merger filed with the NC Secretary of State, University Health Systems of Eastern Carolina Foundation, Inc. DBA Vidant Health Foundation is the surviving entity. The continued operations of both foundations will be reported under the surviving entity starting with the fiscal year ended September 30, 2017.”