Honorhealth Foundation

“Honorhealth foundation does not have employees but shares the cost of personnel, services, facilities and expenses with scottsdale healthcare hospitals (dba honorhealth), a related tax-exempt organization.”

“There is an executive committee of the board of trustees, consisting of the chairman, immediate past chairman, vice-chairmen, president, secretary, treasurer, and chairmen of all standing committees. The chairman of the board may appoint up to two at large members to the executive committee. The executive committee shall meet on an as-needed basis and shall have the authority and responsibility of exercising the powers and duties of the board of trustees. The executive committee, which may be convened on any type of notice, may act for the board when action between regularly scheduled board meetings is required. Typically, the executive committee meets to bring recommendations to the foundation board of trustees.”

“Honorhealth foundation does not have any members under state law. However, using the irs definition of a member, honorhealth is considered a member of honorhealth foundation due to its ability to approve certain significant decisions of the governing body of the foundation and the requirement that the honorhealth board ratify foundation trustees elected by the foundation board.”

“The ceo of honorhealth, shall automatically, upon assumption of such office, become an ex-officio trustee of the foundation with full voting power during the ceos tenure in office.”

“While the foundation is an independent corporation, it is important that its plans and actions be coordinated with honorhealth. To accomplish this coordination, the following must take place: (a) annual plan. Prior to the beginning of each fiscal year, the annual plan of the foundation must be submitted to the ceo of honorhealth or designee for review and approval. This annual plan shall consist of: (1) the management plan - describing the major objectives and new activities planned during the year. (2) the operating budget - describing the specific costs of carrying out the management plan and operating the organization during the year. Honorhealth's approval for this annual plan shall be required before any funds are expended by the foundation. (b) deviations from the annual plan shall require prior approval of honorhealth. Specifically, approval is required for any unbudgeted action that will result in a change in the operating budget by a substantial amount during a one-year period. (c) financial reporting. The foundation's fiscal year shall correspond with the fiscal year of honorhealth. Financial reports and the annual audit of the foundation shall be submitted to honorhealth for final review and approval. (d) substantial action. The trustees of the foundation shall take no "substantial action" without approval of honorhealth. The term "substantial action" as used in this section shall mean the following: (1) removing or hiring an executive above the vice-president level. (2) repealing, altering, amending or restating these by-laws or the foundation's articles of incorporation. (3) merging with another corporation or entity. (4) dissolving the foundation. (5) guaranteeing the obligations of another entity or individual. (6) selling or transferring all or substantially all of the assets of the foundation. (e) failure to comply. Any actions taken by the foundation's trustees that fall outside of the conditions stipulated in this article will be null and void. Any waiver by honorhealth of its rights or approval under this article shall not constitute a waiver of the requirement of approval on any future actions requiring such approval.”

“The tax return information is gathered by the finance team from various sources within the organization including human resources, payroll, development and the legal department. The information is reviewed by the controller and provided to an accounting firm that prepares the tax returns. An initial draft of the form 990 is submitted to the honorhealth controller, honorhealth chief financial officer and foundation president for review. Comments from those individuals are considered and incorporated into a revised draft that is presented to the honorhealth finance committee. Comments from those individuals are considered and incorporated into a final draft prepared for filing. The foundation's board of trustees does not review the final 990 prior to filing, however it is reviewed by the honorhealth board of directors. The foundation 990 report is provided to foundation trustees upon request.”

“Each board member, officer and committee member completes a conflict of interest disclosure statement annually. The honorhealth general counsel along with the honorhealth ceo examine each disclosure statement where potential conflicts have been disclosed. Recommendations are made to the chair of the board on how to appropriately remediate, monitor, or eliminate any conflicts. The honorhealth general counsel then provides to the interested person, with copies to the chair of the board, the honorhealth ceo, and, if needed, the appropriate committee chair, a correspondence that specifies what actions, condition, or monitoring of the conflict are required and whether the interested person is permitted to give a presentation to the board or appropriate committee after full disclosure of the conflict. In such an event, the interested person leaves the meeting while the proposed transaction is discussed. The interested person is required to co-sign correspondence sent by the honorhealth general counsel and adhere to it throughout the year. If a conflict or financial interest arises after the annual disclosure process, the interested person will consult with honorhealth general counsel and update the disclosure statement consistent with the advice of the honorhealth general counsel. A record of the board or committee meeting where proposed transactions or arrangements that are affected by conflict of interest and the management of such is contained in the board/committee minutes. If violations of the conflict of interest policy/management are reported, the honorhealth general counsel will look into the matter. Confirmed violations may include removal from the board or committee or officer position pursuant to the removal procedures stated in the bylaws.”

“The president of honorhealth foundation and certain executives are compensated by honorhealth, a related tax-exempt organization. The process described below is that of honorhealth. An executive compensation consultant conducts detailed market analysis for executive cash compensation. They utilize available published healthcare survey sources. Executive positions are matched to appropriate survey positions based on job content, duties and scope of responsibility. Survey data is matched from organizations of similar size and scope. Results of the study are shared with the board for approval. The study was last completed in 2016.”

“Pertinent honorhealth foundation policies, documents & financial reports including irs form 990 are available for public inspection at the foundation office: 8125 n. Hayden road, scottsdale arizona 85258, during normal business hours which are 8:00 am till 5:00 pm mst, monday through friday. Written or e-mail requests should be submitted to john ferree, president, honorhealth foundation at the address listed above or at [email protected]. The foundation's form 990 is also available online through the following websites: the foundation center at www.foundationcenter.org and guidestar at www.guidestar.org.”

“John c. Lincoln health foundation and scottdale healthcare foundation are now honorhealth foundation. A non-profit, community based foundation providing the philanthropy to support, enhance and grown honorhealth. The new name represents a unified commitment to all honorhealth programs and services. Mission statement: to strengthen and advance the mission of honorhealth through philanthropy. Vision statement: to set the standard for excellence in relationship-based fundraising. Honorhealth foundation exists for the purpose of changing and saving lives through philanthropy. We will do this by: -setting the standard for excellence in relationship-based fundraising; -matching donors and prospects with programs, projects and services that maximize their interests and their philanthropy; -providing stewardship that exceeds our donor's expectations; -recruiting, training and retaining a world-class team to oversee and maintain the fundraising plan and initiatives; -increasing philanthropy to support, enhance and grow honorhealth.”