Driscoll Children'S Hospital

“Delegated board authority the executive committee has the authority to act on behalf of the entire board between board meetings. The executive committee positions include: 1. Chair of the board 2. Past chair of the board 3. Vice-chair of the board 4. Standing committee chairs: -quality and joint conference committee -compensation, governance and nominating committee -finance, audit and corporate compliance committee -communications, development and marketing committee”

“CHANGES TO GOVERNING DOCUMENTS Driscoll Children's Hospital was established to carry out the purposes of the Robert Driscoll and Julia Driscoll and Robert Driscoll, Jr. Foundation. The Foundation was created by the Last Will and Testament of Clara Driscoll and was the sole member of the Hospital. The Foundation was dissolved on August 1, 2018, and all assets of the Foundation were transferred to the Hospital. As a result of the Foundation's dissolution, the Hospital's Bylaws and Articles were amended to remove the Foundation as sole member. The Hospital no longer has any members.”

“The Hospital's sole member, the Robert Driscoll and Julia Driscoll and Robert Driscoll, Jr. Foundation, dissolved on August 1, 2018. The Hospital no longer has any members. Prior to dissolution the Member had to approve the board member elections.”

“Process to review the form 990 the organization engages an outside accounting firm to prepare its form 990. Once the form 990 is prepared by the accounting firm and reviewed by the organization's internal financial team, the final report is emailed to the governing body by senior management prior to filing.”

“Monitoring compliance with conflict of interest policy the organization hires an employee to lead compliance efforts and report compliance issues that may arise. In addition, the board committee reviews those issues and reports.”

“Process for determining compensation the organization uses mgma and sullivan cotter percentiles to set base compensation and skill levels. If compensation levels exceed certain percentiles, a third outside consulting firm is used to value the market value for services rendered and for group coverage agreements. For certain coverage agreements, a fourth consulting firm assists in determining market value. Compensation is approved by the organization's governing body with the deliberation and decision documented contemporaneously. The compensation review process was last completed in 2016.”

“Governing documents available to the public the organization does not make its governing documents, conflict of interest policy, and financial statements available to the public.”

“OTHER CHANGES IN NET ASSETS CHANGE IN BENEFICIAL INTEREST IN TRUST $ (12,163,000) EQUITY TRANSFERS (NET) $ (2,484,069) RELEASED FROM RESTRICTION $ (80,893) Transfer of Net Assets from FOUNDATION, as a result of dissolution $ 530,685,081 OTHER CHANGES NOT CLASSIFIED AS CONTRIBUTIONS $ 468,246 ------------- $ 516,425,365”

“Description:physician contracts total fees:21438299”

“Description:other fees for services total fees:6098408”

“Description:professional fees total fees:2307285”

“Description:medical services total fees:3119820”