St Vincent'S Foundation Inc

“In determining the compensation of the organization's ceo, the process, performed by ascension health, a related organization of st. Vincent's foundation inc., included a review and approval by independent persons, comparability data and contemporaneous substantiation of the deliberation and decision. The compensation committee reviewed and approved the compensation, in the review of the compensation, the ceo was compared to individuals at other organizations in the area who hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the committee minutes, the individual was not present when his compensation was decided. In determining compensation of other officers of the organization, the process, performed by st. Vincent's health system, inc., a related organization who determined the compensation of the other officers, included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The compensation committee reviewed and approved the compensation. In the review of the compensation, the other officers were compared to individuals at other organizations in the area who hold the same title, during the review and approval of the compensation, documentation of the decision was recorded in the board minutes.”

“St. Vincent's Foundation, Inc. has a single corporate member St. Vincent's Health System, Inc.”

“St. Vincent's Foundation, Inc. has a single corporate member, St. Vincent's Health System, Inc., who has the ability to elect members to the governing body of St. Vincent's Foundation, Inc.”

“All decisions that have a material impact to St. Vincent's Foundation, Inc. financial information or corporation as a whole are subject to approval by its sole corporate member St. Vincent's Health System, Inc.”

“Management, including certain officers, works diligently to complete the Form 990 and attached schedules in a thorough manner, Management presents the Form to the Board, or a designated committee, to review. Prior to filing the return, all Board Members are provided the Form 990 and management team members are available to answer any Board Members' questions.”

“Officers, directors or trustees and key employees are required to complete a Conflict of Interest Attestation Statement at the time of hiring or when their service begins. Annually, the Corporate Responsibility Officer sends the Conflict of Interest Policy and Attestation Statement to all officers, directors or trustees, and key employees for completion and return within two weeks. Three separate emailings are sent out with two week deadlines to receive a maximum response. The responses from the returned Attestation Statement are organized in a spreadsheet and are carefully reviewed by the Corporate Responsibility Officer, the Chief Legal Officer, and the Chief Executive Officer. A full report is presented to the Audit Committee and any potential conflicts of interest are handled by the Committee in an appropriate manner.”

“The organization will provide any documents open to public inspection upon request.”

“PENSION LIABILITY TRANSFER - -40258; Transfer from Affiliate - 4268896; Temporarily Restricted - Other - -463404;”