Ochsner Clinic Foundation

“When the organization evaluates its participation in a joint venture, the transactions are handled carefully to ensure that the organization's tax-exempt status is intact with regard to the arrangement and to ensure tax compliance. The operations of the joint venture are carefully reviewed by management and legal counsel, and the transaction is not entered into unless it is a reflection of the organization's tax-exempt purpose.”

“The articles of incorporation provide that no action of the board may be resolved unless a majority of the independent directors present approve the matter. Thus, even in situations where there is not an absolute majority of independent directors in office, those independent directors in office control ochsner clinic foundation's activities. The following actions require the majority approval of total members of the senior physician class, regardless of the number of senior physician class members actually voting: 1) amendments to the articles which affect the rights of sr. Physicians; 2) any change in the total number of directors, community directors, or sr. Physician directors; 3) the status of the ceo as a member of the board; and 4) changes to the supermajority requirements, which call for approval by two-thirds of the entire board for certain actions to be considered approved.”

“MR. SUQUET AND MRS. MESTAYER - Business relationship, MR. HINES AND MR. LECORGNE - Business relationship”

“One or more members of senior management review the return. The return is also reviewed by ernst & young us, llp, the company's tax advisors. A copy of the return is then provided to each member of the board of directors electronically and comments are solicited from the entire board.”

“Officers, directors, trustees, and key employees of ochsner clinic foundation and its subsidiaries and affiliates are required to complete a conflict of interest disclosure form annually, or within 40 days of becoming an employee, or if a current employee has a change in business circumstances not previously disclosed. The conflict of interest program administrator reviews disclosures and determines whether action is necessary or if the disclosure needs to be reviewed by the conflict of interest steering committee. The conflict of interest steering committee will make mitigation recommendations, including, but not limited to, divestiture and termination of business relationships. Ochsner clinic foundation requires annual certification that the relationships disclosed during a preceding calendar year are complete and accurate. In addition, employees that do not fall within the scope of the conflict of interest disclosure policy complete new hire or risk-based conflict of interest training in alignment with the conflict of interest policy.”

“All ceo and officer compensation and benefits arrangements, including salary and bonus incentive plans, are reviewed and approved by the executive and senior physician compensation committee of the board of directors (compensation committee). No substantive change to the compensation or benefits packages is made until committee approval is granted in accordance with intermediate sanctions guidelines. The compensation committee is without conflicts of interest and uses an independent external consultant. Appropriate data is applied to determine the comparability of fair market value pay and all actions are appropriately documented. In order to meet the requirements of the irs intermediate sanctions regulations, the compensation committee identified the "disqualified individuals" that are in a position to exercise substantial influence over the company's operations. These individuals are the members of the executive officers committee (eoc), regional medical directors, physician board members and section heads for key departments. For disqualified individuals, the compensation review also includes the cost of benefits such as the company portion of medical and dental benefits, malpractice insurance, payments for 401k matching and pension payments.”

“Pt vi ln 15a describes the compensation process for many of the officers, key employees, and sr physician board members. A different review process is used for physicians. Annually, the physician compensation department reviews the compensation of each employed physician. This review includes a comparison of physician salaries against national survey data for their specialty. The physician compensation department compiles the compensation data for each physician including base salary, stipends, on-call pay, etc. Each physician's compensation as well as the total work relative value units (rvus) are compared to the survey data. Compensation for other non-officer and non-physician key employees is reviewed by senior executives who take market value research into consideration when determining compensation levels.”

“All governing documents, financial statements, and forms 990 and 990-t are available upon written request to the chief financial officer of ochsner clinic foundation. The conflict of interest policy is available upon written request to the audit services department of ochsner clinic foundation. Financial statements for ochsner clinic foundation are made available to the public quarterly via www.dacbond.com.”

“Those directors listed as "board member/senior physician" are compensated entirely due to their role as an employee of a member of the integrated health system. Community directors are volunteers and are not paid a stipend or other compensation for their service to ochsner as board members. The compensation of community directors that is reported consists of ochsner's payments (either directly or as reimbursement) of expenses incurred for meeting or travel expenses for the board in which the reimbursement has been determined to be taxable income.”

“Compensation from integrated health system the amount of time shown for each as "average hours per week devoted to position" consists primarily of his/her time spent on his/her role with ochsner clinic foundation. In reality, his/her time is spent on fulfilling responsibilities through their roles with the related organization and/or across all other organizations in the integrated health system, and may be more evenly distributed.”

“- Total Revenue: 2046790, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 2046790;”

“INSURANCE SERVICES - Total Revenue: 59800917, Related or Exempt Function Revenue: , Unrelated Business Revenue: 6963284, Revenue Excluded from Tax Under Sections 512, 513, or 514: 52837633; ALL OTHER REVENUE - Total Revenue: 449500, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 449500; Laboratory Services - Total Revenue: 587594, Related or Exempt Function Revenue: , Unrelated Business Revenue: 587594, Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“(Expenses $ 11,796,841 including grants of $)(Revenue $ 13,498,808) Ochsner Fitness Center: Designed to meet the health and fitness goals of its members, Ochsner Fitness Center ("the fitness center") provides fitness services to patients, employees, and other members of the community, including seniors and children. The fitness center serves the community as a valuable resource in the prevention of disease. The fitness center is integrated with Ochsner's patient care services through its medical fitness referral program and it's physical and occupational therapy services. The fitness center also provides outreach to the community, including educational programs, community nutrition outreach, and a youth obesity program.”

“(Expenses $ 2,046,790 including grants of $)(Revenue $ 2,046,790) Rent-Physical plant: Ochsner Clinic Foundation rents its physical plant to related 501(c)(3) organizations. The majority of the rental is to Brent House Corporation, a wholly-owned subsidiary and exempt 501(c)(3) organization. Brent House fully reimburses Ochsner for expenses related to the Hotel.”

“(Expenses $ 0 including grants of $)(Revenue $- 3,059,936) Program Related Investments: Equity Income from Joint Venture providing patient care.”

“Grants/Contributions/Fundraising included in Restricted Net Assets - -15906290; Pension-related changes other than net periodic pension costs - -33879003; Change in Net Assets for subsidiaries - 3360061; Investment Gains (Losses ) included in Restricted Net Assets - 5373000; Net Assets released for Operations - -6767000; Other Changes in Net Assets or Fund Balances - -68261;”

“The process regarding the committee responsible for the audit, review, or compilation of the organization's financial statements and selection of an independent accountant has not changed from the prior year.”

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“address unknown for this contribtuion, as it was a wire transfer.”