Wellstar Foundation Inc

“Powers of the board as per the articles of incorporation, the sole member of the organization is wellstar health system, inc., a georgia nonprofit corporation. As a sole member, wellstar health system, inc. Holds certain powers of election and approval in connection with the governing body of the organization. These powers are presented in detail in the governing documents which the company makes available to the public upon request.”

“Board review of form 990 internal staff prepares the organization's form 990. Before filing the return with the internal revenue service an external accounting firm, pwc us tax llp, reviews and sign-offs on the completed return of each organization. The current year form 990 is provided to the finance committee for review. Opportunities for detailed reviews along with a question-and-answer session is offered to the finance committee both in the finance committee meeting or in a separate session. Final copies of the 990 are provided to each board member through the board portal along with a summary memo of the current year prepartion process highlighting any key aspects of the 990. The organization's cfo or designee subsequently signs the return for either manual or electronic filing by the appropriate due date.”

“Conflict of interest policy our conflict-of-interest policy requires all covered persons to annually review the policy and then complete, sign and return the conflicts of interest survey and attestation to the compliance office. The policy requires an on-going disclosure obligation in the event a conflict arises during the year. The following is our process to regularly and consistently monitor and enforce the policy: compliance identifies all covered persons who must complete the survey and attestation. Compliance verifies that the survey and attestation is distributed to these persons. Compliance verifies that these persons return a fully completed and signed survey and attestation. Compliance reviews each completed and signed survey and attestation to identify all conflicts listed in the document. All conflicts, potential conflicts and incidences of non-compliance are referred to the chief compliance officer. The cco takes appropriate action to completely resolve all identified conflicts and incidences of non-compliance.”

“Compensation of officers our board of trustees designates a compensation committee made up of outside board members to establish the executive compensation philosophy of the system, and to review and set the compensation annually for the chief executive officer and the salary parameters for all other officers of the company. The committee utilizes the outside consulting firm of sullivan cotter and associates, inc. To provide expert information regarding industry-wide compensation norms. The company philosophy is to match the market on base pay identifying the median. Total cash compensation is generally geared to compensation determined by our consultants to be at the 75th percentile of its peers.”

“Documents made available to the public the organization and its affiliates are subject to the open records law in the state of georgia. Therefore, by law, citizens are permitted to inspect and copy its governing documents, policies and financial statements as may be requested from time to time. Additionally, the organization's form 990 is made readily available on the guidestar website. Periodically, the organization publishes a community benefit report once a year for distribution to the public. In accordance with o.c.g.a section 31-7-22 and the georgia department of community health's rules and regulations for hospital transparency chapter 111-8-41 the applicable documents are posted on the wellstar.org website in the wellstar hospital transparent information section. Under its continuing disclosure agreements for public bonds, outstanding financial and statistical information is posted and reported on emma.msrb.org on a quarterly and annual basis.”

“Officers hours worked the officers devote their time to all of the organizations within wellstar health system that are listed in schedule r, part ii. As such, the total hours worked by the officers across all organizations exceeds 40 hours a week.”

“Compensation all compensation amounts reported on form 990, part vii; part ix, lines 5-7; and schedule j represent compensation provided to individuals that provide services to the organization. Likewise, the number of employees reported on part v, line 2a represents the number of individuals providing services to the organization. All federal employment tax responsibilities for these individuals (including federal employment tax reporting responsibilities) are handled by wellstar health system, inc. (ein 58-1649541).”

“Vision: deliver world-class healthcare to every person, every time. Mission: to enhance the health and well-being of every person we serve. Values: we serve with compassion. We pursue excellence. We honor every voice.”

“Program service accomplishments wellstar foundation is the development and fundraising center for wellstar health system, an organization described in irc section 501(c)(3). It is dedicated to serving our community and giving people the tools and facilities to become stronger and healthier. Wellstar foundation began in response to medical advances needed by our healthcare system to continue the pursuit of world-class healthcare. From its modest beginnings with four dedicated and experienced team members to the current 21-member staff, the foundation has been instrumental in rallying employee, volunteer, corporate and community support for wellstar health system initiatives. The members of the foundation collaborate with other community leaders to raise funds and provide programs and services, which result in health improvements for all. Payments to hospital projects for the reporting period exceeded $5.9 million. The wellstar foundation has been at the forefront of securing life-saving resources for the wellstar health system. As a 501(c)(3) not-for profit organization, donations are critical in helping wellstar achieve its vision of delivering world-class healthcare. In fy2024, the foundation raised more than $16.2 million for the system. Donations are received from government grants and generous individuals, businesses and community organizations annual gifts, grants, tribute gifts, special events, strategic opportunities and legacy planning. Wellstar's own team members donated $821,000 through its team member giving program. Many team member donations are designated toward educational scholarships and emergency assistance for team members in need. Hospital auxiliaries contributed more than $400,000 annually that support enhancements at local wellstar facilities. Enhancement projects may benefit community members at their local hospital, health park, hospice, pediatric center, wellstar facility or througout their communities. In the past, contributions to the foundation have supported the development of an innovative cardiac aortic surveillance program, orthopedic surgical training platform, workforce development in nursing, cardiac and app post graduate training, lucas trauma device, oncology ct technology and mobile food markets serving a diverse population. Wellstar consistently seeks total patient care and works to ensure that all systems and programs, within the hospital and community, support that focus. Through community partnerships, the wellstar foundation provides funding for babies born healthy in partnership with public health, bi-lingual covid testing and education services in partnership with serfamilia, sexual assault examinations, in collaboration with live safe, health equity and community health programs that include nutrition services and education, food access, health screenings and community health providers. Wellstar also partnered with the whitehead foundation to support pediatric literacy and decrease social determinants of health. Health, safety & education wellstar foundation continues to have initiatives for fundraising that will help to improve the health of children and families in the wellstar service area with an emphasis on some of the following service lines and disciplines-behavioral health, cancer, cardiac, stroke, pediatric literacy, end-of-life, prevention & wellness, and overall facilities improvements. Over the past five years wellstar team members have donated over $5 million towards system initiatives through the annual employee giving campaigns. Charitable donations provide the medical technology our physicians use to treat and heal patients across a variety of service areas, including cancer, stroke, hospice, cardiology, pediatrics, women's health, orthopedics and more. As a leader in addressing health equity, the foundation raises funds to support wellstar's commitment to deliver world-class healthcare to every person, every time. This includes programs and services focused on six”

“Unrelated business income whs foundation, inc. Generated no unrelated business income ("ubi") for the reporting period. As a result the filed 990-t shows no activity. If subsequent review of the books reveals any unreported ubi we will file an amended return for the tax period ended june 30, 2024.”

“Other changes in net assets for the reporting period, wellstar foundation, inc. Had a change in net assets of $645,047 related to changes in temporary restricted pledges.”

“Description:patient services total fees:24766”

“Description:community services total fees:527952”

“Description:edu & employee assistance total fees:414779”

“Description:hospital general purpose total fees:144000”

“Description:consulting services total fees:1573698”