Shands Jacksonville Foundation Inc

“The filing organization does not compensate the top management official of the organization; therefore, Line 15a has been answered "no" in accordance with the Form 990 instructions. Patrick Green IS PAID BY THE Shands Jacksonville Medical Center, A RELATED ORGANIZATION, WHICH DETERMINED THE APPROPRIATE COMPENSATION DURING THE TAX YEAR. SJMC'S COMPENSATION COMMITTEE ENGAGES MERCER, AN INDEPENDENT FIRM ENGAGED IN THE DEVELOPMENT OF COMPENSATION SURVEYS ON EXECUTIVE PAY LEVELS ACROSS DIFFERENT INDUSTRIES, TO PROVIDE COMPETITIVE DATA AND GUIDANCE ON DETERMINING APPROPRIATE AND REASONABLE RANGES AND SALARIES. MERCER ANNUALLY REVIEWS ALL ASPECTS OF EXECUTIVE COMPENSATION-INCLUDING ALL ELEMENTS OF SUPPLEMENTAL BENEFITS- TO ENSURE THAT THEY ARE REASONABLE TOTAL REMUNERATION LEVELS. SJMC'S COMPENSATION COMMITTEE USES THE MERCER COMPARABILITY DATA TO REVIEW AND APPROVE COMPENSATION FOR MANY OF THE ORGANIZATION'S OFFICERS INCLUDING THE TOP MANAGEMENT OFFICIAL. The compensation committee, according to the bylaws, has the power and authority of the independent board to review and approve CEO compensation annually. THE REVIEW IS DONE ANNUALLY AND WAS LAST CONDUCTED IN Fiscal Year 2024. THE RELATED ORGANIZATION'S COMPENSATION COMMITTEE DOCUMENTS THE DECISIONS AND DETERMINATIONS IN COMMITTEE MINUTES.”

“The filing organization does not compensate the other officers of the organization; therefore, Line 15b has been answered "no" in accordance with the Form 990 instructions. THE ORGANIZATION'S OFFICERS ARE PAID BY A RELATED ORGANIZATION. THE RELATED ORGANIZATION'S COMPENSATION COMMITTEE ENGAGES MERCER, AN INDEPENDENT FIRM ENGAGED IN THE DEVELOPMENT OF COMPENSATION SURVEYS ON EXECUTIVE PAY LEVELS ACROSS DIFFERENT INDUSTRIES, TO PROVIDE COMPETITIVE DATA AND GUIDANCE ON DETERMINING APPROPRIATE AND REASONABLE RANGES AND SALARIES. MERCER ANNUALLY REVIEWS ALL ASPECTS OF EXECUTIVE COMPENSATION-INCLUDING ALL ELEMENTS OF SUPPLEMENTAL BENEFITS- TO ENSURE THAT THEY ARE REASONABLE TOTAL REMUNERATION LEVELS. THE RELATED ORGANIZATION'S COMPENSATION COMMITTEE USES THE MERCER COMPARABILITY DATA TO REVIEW AND APPROVE COMPENSATION FOR MANY OF THE ORGANIZATION'S OFFICERS. THE REVIEW IS DONE ANNUALLY AND WAS LAST CONDUCTED IN fiscal year 2024. THE RELATED ORGANIZATION'S COMPENSATION COMMITTEE DOCUMENTS THE DECISIONS AND DETERMINATIONS IN COMMITTEE MINUTES.”

“Jon Debardeleben; Greg Miller; Patrick Green; Dean Cocchi - Business relationship”

“Shands Jacksonville Healthcare, Inc. is the sole member of Shands Jacksonville Foundation, Inc.”

“Shands Jacksonville Foundation, Inc. shall be managed by or under the direction of the Board of Directors. The Board of Directors shall consist of no less than three (3) directors who shall be appointed by and shall serve at the discretion and pleasure of the Member ( Shands Jacksonville Healthcare, Inc.).”

“The following actions shall require approval by the Member: a) The adoption of annual operating and capital budgets b) The merger or dissolution, or the sale, lease, exchange or other disposition of all or substantially all of the assets c)The acquisition of an interest in real or personal property, outside of approved budgetary authority, at a price involving an annual economic obligation in excess of Five Hundred Thousand Dollars. d)The conveyance or disposition of an interest in real or personal property involving fair market value, net book value, or an annual economic benefit exceeding Five Hundred Thousand. e)The establishment of a long range or strategic plan f)The incurrence of long term indebtedness g)The appointment or removal of officers or directors h) The amendment of bylaws or articles of incorporation or i) such other matters where member or shareholder action is required by law.”

“There were no committees during the year with authority to act on the behalf of the governing body.”

“A complete copy of the Form 990 is provided to the Board of Directors, President, Secretary and Treasurer of the corporation before the return is filed.”

“THE CORPORATE COMPLIANCE DEPARTMENT'S CONFLICTS OF INTEREST POLICY COVERS ANY DIRECTOR, OFFICER, MEMBER OF A BOARD COMMITTEE OR KEY STAFF MEMBER WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST AS DEFINED BY THE POLICY. THE INDIVIDUALS COVERED UNDER THE POLICY ARE REQUIRED TO DISCLOSE A CONFLICT OF INTEREST OR A POTENTIAL CONFLICT OF INTEREST annually and WHEN IT ARISES. THE DELIBERATIVE BODY, AS DEFINED BY THE POLICY, REVIEWS AND MONITORS CONFLICTS OF INTERESTS AS THEY ARISE. ANY INDIVIDUAL WHO HAS A CONFLICT OF INTEREST IS PROHIBITED FROM PARTICIPATING IN THE DELIBERATIVE BODY'S DELIBERATIONS AND DECISION IN THE TRANSACTION.”

“Shands Jacksonville Foundation, Inc. makes its governing documents, conflict of interest policy and financial statements available to the public when it is requested. A printed copy of the request is provided.”