Christus Foundation for Healthcare

“The Executive Committee has the authority to act upon matters when the Board is not in session. All members of the Executive Committee are also members of the Board. All such matters are brought to the Board's attention at the following full Board meeting. No actions may be taken which are in conflict with the expressed policies of the Corporation or CHRISTUS Health Gulf Coast, the sole member.”

“George Strake and Stephen Strake have a family relationship. Madelyn Doherty Farris and David B. Doherty and Pace Doherty have a family relationship. Douglas Hidalgo and Harold Hidalgo have a family relationship. Raye White is the Executive Vice President and Chief Compliance Officer at Fayez Sarofiim & Co., one of the Foundation's investment managers.”

“CHRISTUS Health Gulf Coast is the sole Member of the Foundation. As a result of the joint venture between CHRISTUS St. John, CHRISTUS St. Catherine and the Methodist Hospital System, CHRISTUS Health Gulf Coast is not currently active; in accordance with the Foundation's by-laws CHRISTUS Health is currently acting as the sole member of the Foundation.”

“The sole Member appoints the board of the Foundation.”

“The matters set forth below are reserved exclusively to the sole Member and are not valid until they have been submitted for and received approval of the sole Member: 1. Any amendment of restatement of the Articles of Incorporation or Bylaws of the Foundation. 2. The establishment of any new corporation, or the merger, dissolution, or consolidation of the Foundation. 3. Approval of the capital and operational budgets of the Foundation and approval of any audit or financial review of the books and records of the Foundation. The sole Member may require an audit or some lesser financial review of the books and records of the Foundation by an independent CPA selected by the sole Member of the Foundation if the sole Member deems such review or audit to be necessary or appropriate. 4. Incurring or renewing any indebtedness by the Foundation that is not in the ordinary course of business. 5. Any acquisition, exchange, lease, sale or purchase of real property by the Foundation. 6. The approval of any gift of property (other than cash, marketable securities, or bonds) to the Foundation and the approval of any restrictions imposed as a condition of accepting said gift. 7. Approval of short-term and long-range strategic plans for the Foundation. 8. Approval of the stated mission and philosophy according to which the Foundation will operate its affairs. 9. Election or removal of the President/Executive Director or members of the Board of Directors and Life Members of the Foundation. 10. The sole Member may from time to time by appropriate resolutions adopted and approved by said sole Member delegate additional actions to the Board of Directors of the Foundation.”

“The 990 is reviewed by the accounting and development departments for accuracy. A draft of the 990 is sent to the Foundation's Board of Directors for questions and comments prior to filing with the IRS.”

“The conflict of interest policy is distributed to Board Members and employees annually. Any exceptions are handled on a case by case basis. There were no exceptions during the year ending June 30, 2024.”

“CHRISTUS Foundation for HealthCare does not employ any individuals directly. It reimburses CHRISTUS Health for the use of its employees. The Executive Compensation Committee of CHRISTUS Health determines compensation for the senior leadership team, including the President, other officers, directors and key employees. The Executive Compensation Committee is composed of individuals who have no conflict of interest with the compensation arrangements at hand.”

“Governing documents, conflict of interest policy and financial statements are made available to the public upon request.”

“The Foundation does not employ personnel directly. All persons working for the Foundation are employed by CHRISTUS Health. The Foundation reimburses CHRISTUS Health for the cost of such personnel.”