Sacred Heart Foundation Inc

“In determining the compensation of the organization's top management official, the process, performed by sacred heart health system, inc., a related organization of sacred heart foundation, 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 top management official was compared to individuals at other similar organizations in the region and nationally 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 her compensation was decided. Other than the organization's top management official (the organization's president), there are no key employees. In addition, there are no other officers who receive any compensation from sacred heart foundation.”

“MANY OF THE PERSONS LISTED ON PART VII HAVE A "BUSINESS RELATIONSHIP" WITH EACH OTHER BY VIRTUE OF EMPLOYMENT BY SACRED HEART HEALTH SYSTEM, INC. RELATED ENTITIES. - Business relationship”

“Sacred Heart Foundation has a single corporate member, Sacred Heart Health System, Inc.”

“Sacred Heart Foundation has a single corporate member, Sacred Heart Health System, Inc., who has the ability to elect members to the governing body of Sacred Heart Foundation.”

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

“Management, including certain Officers, works diligently to complete the Form 990 and attached schedules in a thorough manner. Prior to filing the return, all board members are provided the form 990 and management team members are available to answer any board members' question.”

“The organization regularly and consistently monitors and enforces compliance with the Conflict of Interest Policy in that any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing board delegated powers considering the proposed transaction or arrangement. The remaining individuals on the governing board or committee will decide if conflicts of interest exist. Each director, principal officer and member of a committee with governing board delegated powers annually signs a statement which affirms such person has received a copy of the Conflict of Interest Policy, has read and understands the policy, has agreed to comply with the policy, and understands that the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish its tax-exempt purpose.”

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

“Compensation of independent contractors is paid by and reported on the Form 1096, Annual Summary and Transmittal of U.S. Information Returns, of Ascension Health EIN 31-1662309. Expenses are allocated to and reimbursed by the filing organization to Ascension Health. As such, the organization has not reported independent contractors paid on Form 990, Part VII, Section B.”

“Tax Services - Total Expense: 14108, Program Service Expense: , Management and General Expenses: 14108, Fundraising Expenses: ; Other Professional Fees - Total Expense: 4560, Program Service Expense: , Management and General Expenses: 4560, Fundraising Expenses: ; Professional Fees IC - Total Expense: 303461, Program Service Expense: , Management and General Expenses: 303461, Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ;”

“300025 UR Def Pension cost Admin by AH - -62973; 300666 UR Donations from Affiliate - 3169300; 311085 PYR Hospital Int in Fdn for reporting - 8015945; 311060 Capital ROF - -2589216; 311065 Operations ROF - -569620; Adjust Net Assets to actual - 252384;”