New England Congenital Cardiology Research Foundation

“Children's Hospital Corporation is the founding member of the organization. Additional members may be added in the future and shall include licensed hospitals and/or universities that are exempt from taxation under Section 501(c)(3) of the Internal Revenue Code and meet the requirements established by the Board from time to time.”

“The members elect the governing body of the organization's Board of Trustees.”

“The members have the right to elect directors and other powers and rights as vested in them by by law, the Articles of Organization, and By-laws. In exercise of such powers and rights, the members shall abide by the conflict of interest provisions as described in the Articles of Organization and any other conflict of interest policies adopted by the corporation.”

“The Form 990 tax return was prepared by the Children's Hospital Corporation's staff and reviewed by the organization's officers. A copy was made available to the Board prior to filing.”

“The Organization's conflict of interest policy applies to all officers and trustees of the Organization. Officers and Trustees who exercise influence over important strategic, business and purchasing decisions of the Organization are required to annually disclose information about their financial interests and outside activities at the Organization's annual meeting. Interests are reviewed by the Board of Trustees and any actual or potential conflicts are managed by termination of the conflict, management of the conflict, recusal, disclosure, review, or a combination thereof. Outside interests and outside activities may be permitted as long as the Organization determines that such interests and activities are consistent with the best interests of the organization and the officer or trustee involved does the following: 1. discloses the fact that he has a financial interest or a consultative role in or with a person or company with which the Organization is doing or is thinking of doing business; and 2. refrains from voting or exercising any personal influence whatsoever in the selection of a person or company to do business with the Organization with whom or in which he has a financial interest or a consultative role; and 3. avoids any active participation in any dealings between the Organization and the person or company with whom or in which he has a financial interest or consultative role; and 4. does not permit such outside interests or activities to absorb such amounts of his time and effort as to make it impractical for him to fulfill his assigned responsibilities at the Organization; and 5. does not permit such outside interests or activities to compromise or appear to compromise the name or reputation of the Organization.”

“The organization does not have any employees and does not compensate its Trustees or Officers of the Board.”

“The organization's governing documents are not posted publicly but are available from the organization upon request and are also filed with the Massachusetts Secretary of State, where they are available to the public. Financial statements and the Conflict of Interest Policy are available upon request.”

“Administrative Fees: Program service expenses 0. Management and general expenses 34,539. Fundraising expenses 0. Total expenses 34,539.”

“This organization does not meet the Massachusetts threshold for requiring a review or audit of the financial statements.”