Unknown Organization

“The corporate member is partners health system, inc.”

“The corporate member, partners health system, inc. Has the ability to appoint after nomination by the corporation's nominating committee and remove at the members discretion but after consultation with the corporation's board chair the members of the board of directors of the corporation.”

“Approve all amendments, restatements or rescissions to the articles of incorporation, bylaws of this corporation whether such be initiated by the member or recommended by the board of directors. Define from time to time the purpose and philosophy and mission of this corporation. Establish or cause the board to establish long range goals and strategic plans. Review and approve any audited financial reports of this corporation. Initiate or approve the dissolution, merger, transfer or consolidation of this corporation, or the sale, lease or other disposition of all or substantially all of the assets of the corporation. Appoint after nomination by the corporation's nominating committee and remove at the members discretion but after consultation with the corporation's board chair the members of the board of directors of the corporation. Approve the terms of any agreement by which an individual employed by chn assumes the duties as responsibilities of the executive director of the corporation. In conjunction with the bod conduct periodic reviews of the performance of the executive director of the corporation. Initiate or approve selection and retention of the independent auditor and legal counsel. Initiate or approve selection and retention of any financial advisor or investment manager who will provide services. Recommend and/or approve the purchase, sale, lease disposition, encumbrance, of real or personal property in excess of $5000 per transaction. Approve any grants, gifts, contributions or any other transfer of corporation assets to any organization which have an aggregate value within any consecutive 12 month period in excess of $100,000. Approve all major fund drives and the establishment of an endowment.”

“The board of directors has delegated the detail review of the form 990 to the management of the foundation. It has been reviewed prior to submission.”

“Each year, each member of the board shall complete and file a statement which identifies any existing or potential conflicts or dualities of interest. Any board member having a duality or conflict of interest on any matter shall not vote or use their personal influence on the matter. These requirements shall not be construed as preventing board members from briefly stating their position on the matter or answering questions. Should a duality of conflict of interest not be disclosed and the board member votes or uses their personal influence on the matter, any member may refer the violation to the attention of the chairperson. The chairperson will then refer the matter to the executive committee for investigation, discussion, and recommendation of a course of action.”

“Comparable survey data is used to establish director compensation. Chn cfo reviews compensation with director annually and provides director written performance and salary review.”

“The foundation makes governing documents, conflict of interest policy, and finacial statements available to the public upon request.”

“Dissolution distribution -1,289,159.”