Good Samaritan Community Foundation

“Line 6 - banner health is considered a member due to its ability as charitable beneficiary to receive a distribution of net assets upon dissolution. Line 7a - banner health, by official act of its president, may remove a banner health trustee and appoint a successor.”

“The 990 is reviewed by banner health's legal department, tax department, internal audit department and certain banner health officers. A meeting is held with the tax preparer and a line-by-line review is done prior to the filing of the return. The form 990 will be made available to the governing body at the next regularly scheduled board meeting after filing.”

“The organization follows the conflict of interest policy of its supported organization, banner health. The banner health internal audit department provides each party with a disclosure questionnaire. The internal audit department prepares a summary for the tax department. This summary is also presented to the audit committee. The tax department prepares the form 990 disclosure. This disclosure is presented to the legal department for review. Pursuant to banner's conflict of interest policy, all board members, officers and the director of audit services must disclose the existence of any financial interest that may give rise to a conflict of interest. Form 990, part vi, line 15a and 15b this organization does not compensate any officers or key employees. The compensation of the trustees is determined by a related tax-exempt organization. Form 990, part vi, lines 12a, 13, 14, and 16b this entity does not itself issue policies. All policies are adopted and enforced through banner health as charitable beneficiary.”

“The organization's governing documents, audited financial statements, the governing documents, conflict of interest policy, and financial statements are not required to be made available to the public and therefore they are not.”

“Increase in fund balance: return of capital from partnership $1,000,000 book/tax difference from partnership $ (16,885) ---------- increase in fund balance $ 983,115”