Ssm Health Foundation

“The sole member of the foundation is ssm health care corporation. Ssm health care corporation is a nonprofit 501(c)(3) supporting organization that is the parent of a health care system that operates across four states. Both the foundation and ssm health care corporation are part of the integrated health care system known as ssm health.”

“The member has the right to appoint the board of trustees except for any trustee who serves ex officio, and to remove appointed trustees with or without cause.”

“Decisions requiring approval by members or stockholders the member has the following powers: a. To establish and change the philosophy of the foundation b. To appoint the board of trustees, except for the trustees named in the articles of incorporation for their initial term and except for any trustee who serves ex officio, and to remove the trustee with or without cause c. To approve amendments to the articles of incorporation of the foundation as provided in the bylaws d. To approve the bylaws of the foundation and any amendments therto e. To approve the merger, consolidation or dissolution of the foundation f. To approve the sale, conveyance, assignment, transfer, alienation, pledge, encumbrance, mortgage or lease of real property or any interest therein of the foundation in accordance with the policies approved by the member from time to time g. To approve i) the acquisition of real property or any interest therein or (ii) the acquisition of stock of a corporation if, after the acquisition, the foundation will own a majority of the voting stock of such corporation, in accordance with policies approved by the member from time to time h. To approve the sale, transfer or other disposition of the voting stock of a corporation if before the disposition the foundation owned a majority of the voting stock of the corporation and after such disposition the foundation would not own a majority of the voting stock of the corporation, in accordance with policies approved by the member from time to time i. To approve any borrowings or guarantees of the foundation in accordance with policies approved by the member j. To establish centralized employee benefit, insurance, investment, financing , corporate responsibility, performance assessment and improvement and other operational and support programs, to require the participation of the foundation in such programs, and to authorize the opening and closing of bank accounts and investment accounts in the name of the foundation in connection with such programs k. To approve the acceptance of any gift or contribution which, in connection therewith, would impose a continuing obligation upon the foundation, including, without limitation, the obligation to provide health care services, pay an annuity or undertake any other obligations except as otherwise determined by the member pursuant to policies adopted by the member from time to time and l. To approve or reject proposals for expenditures or contributions in accordance with article ix of the bylaws , regardless of whether the board of trustees approves of such proposal.”

“The organization does not have any committees with the authority to act on the behalf of the governing body. The organization uses advisory boards for finance and investment purposes where documentation is properly maintained.”

“The form 990 is prepared by the tax department of the parent organization, ssm health care corporation (ssmh). The return is then reviewed by an independent accounting firm who signs as paid preparer. The return is then provided to member of senior management. Any questions are addressed by the tax department of ssmh prior to filing the form 990 with the internal revenue service. A copy of the form 990 is provided to the board of directors prior to filing.”

“The president and secretary of the board monitor conflicts of interest for non-employee board members. All board members with an identified conflict of interest abstain from board discussions and votes when applicable. Employees with purchasing authority and/or ability to influence purchasing decisions are assigned the conflict of interest disclosure course (coi) which must be completed on line. Periodically through the year, the entity's corporate responsibility contact person (with the help of the entity's learning management system coordinator) sends department managers a list of employees who have not yet completed their coi so they can remind the employees and ensure the employees have time in their schedule to complete the required course. Resolution of any conflicts that are disclosed must be documented and kept on file at the entity. Supervisors verify required course completion prior to year end.”

“The organization's compensation plan is reviewed and approved at formal meetings of the compensation committee of the board of directors. The compensation committee is comprised of independent non-employee members who have no personal interest in the compensation arrangement to be reviewed and recommended by the compensation committee. The committee reviews comparable wisconsin and national compensation data and establishes base compensation at the comparable market median by the position as outlined in the compensation committee charter.additionally, the committee has authority to retain a compensation consultant to assist the committee in evaluating senior management compensation.”

“The year-end audited consolidated financial statements and unaudited quarterly consolidated financial statements for the ssm health system are made available to the public on ssm health's website. The organization's articles of incorporation are available on the missouri secretary of state's website. Copies of the form 990 and the organization's conflict of interest policy are available to the public upon request.”

“Since it was founded in 1872 by catholic sisters, ssm health (ssmh) has existed to meet the health needs of the communities it serves. Ssmh is a catholic, not-for-profit health system serving the comprehensive health needs of communities across the midwest through one of the largest integrated delivery systems in the nation. With care delivery sites in illinois, missouri, oklahoma, and wisconsin, ssmh includes 23 acute care hospitals, one children's hospital, more than 290 physician offices and other outpatient and virtual care services, 12 post-acute facilities, comprehensive home care and hospice services, a pharmacy benefit company, a health insurance company, and an accountable care organization. The health system employs over 40,000 people and is affiliated with 11,000 physicians making it one of the largest employers in every community it serves. In the tradition of its founding sisters, ssmh strives to fulfill its mission by providing exceptional health care to everyone who comes to its hospitals, regardless of their ability to pay. The ssm health foundation (the foundation) is responsible for inspiring financial support for our ministries and strengthening relationships with friends and organizations in the communities we serve to sustain our patient services, capital needs and community programs that address social determinants of health. The foundation provided philanthropic support to areas of greatest need across our locations in missouri, illinois, oklahoma, and wisconsin. Areas of support included: employee relief fund: provides financial assistance to ssm health colleagues who have experienced a financial hardship or crisis, such as a natural disaster, serious illness or injury, death of a family member or other circumstance. Opioid use treatment: designed to provide exceptional and compassionate care for those struggling with addition, our programs offer medically monitored, medication-assisted, individualized treatment.”

“All applicable 1099 and 1096 irs tax forms are reported and filed by the parent organization, ssm health care corporation, ein 46-6029223.”

“Bank fees: program service expenses 1,491. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,491.”

“Intercompany transfers -755.”