Shands Auxiliary Inc.

“The organization's officers are compensated by Shands Teaching Hospital and Clinics, Inc., a related tax-exempt organization. The language below explains the process undertaken by Shands Teaching Hospital and Clinics, Inc. to review officer compensation. Mercer, an independent firm engaged in the development of compensation surveys on executive pay levels across different industries, provides competitive data and guidance on determining appropriate and reasonable ranges and salaries. STHC's Executive Compensation Committee of the Board of Directors utilizes the information provided by Mercer to establish officer compensation. Mercer's methodology consists of the following standard steps: *Analysis by position based on job content *Reference of multiple national survey sources similarly situated for not-for-profit healthcare executive compensation *Existing base salary range midpoints were updated to more closely align with the market 50th percentile value for each role. Mercer followed a similar process to evaluate the competitiveness of UF Health Shands Hospital total cash compensation (base salary, annual incentive bonus, and benefits) levels, and provides recommended incentive compensation ranges to insure total cash compensation is also reasonable. Mercer periodically reviews all other aspects of executive compensation-including all elements of supplemental benefits-to insure that they compare with competitive and reasonable total remuneration levels. This process was last undertaken in September 2021 and was documented in the minutes of STHC's Executive Compensation Committee meeting. This process is typically undertaken annually; however, in 2020, management froze all employee salaries due to the COVID-19 pandemic and this process was not conducted during the fiscal year ended June 30, 2021. Due to the fact that officer compensation is determined by a related organization of Shands Auxiliary, Inc., Form 990 Part VI Line 15a and Line 15b are intentionally answered "no" in accordance with the IRS instructions to the Form 990.”

“Dan Greathouse and Kay Greathouse - Family relationship”

“Shands Auxiliary, Inc.'s sole corporate member is Southeastern Healthcare Foundation, Inc., a related tax-exempt organization, which is wholly controlled by Shands Teaching Hospital and Clinics, Inc.”

“The governing body of Shands Auxiliary will consist of representatives of Shands Teaching Hospital and Clinics, Inc. ("STHC"). STHC is the sole corporate member of Southeastern Healthcare Foundation, Inc., which is Shands Auxiliary's sole corporate member.”

“The organization's Board of Directors will be appointed by Shands Teaching Hospital and Clinics, Inc., a related tax-exempt organization and the sole corporate member of Southeastern Healthcare Foundation, Inc., which is Shands Auxiliary's sole corporate member.”

“Shands Auxiliary, Inc. does not have any committees with the authority to act on behalf of the governing body. Therefore, this question has been answered "no" in accordance with the IRS instructions to Form 990.”

“The Vice President of Finance for Shands Teaching Hospital and Clinics, Inc. reviews the return before it is filed.”

“Annually and as potential Conflicts of Interest arise, the Shands Teaching Hospital and Clinics, Inc. compliance department receives and review the information disclosed by Key Staff (Board members, Officers, and Key Employees) regarding conflict of interest issues and, in cooperation with the Legal Department, determines whether disclosures made by the employees would involve conflict of interest issues and how to resolve them, pursuant to Core Policy 01.098.”

“Shands Auxiliary, Inc. makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”