Lourdes Foundation

“In determining compensation of the officers whose comp is determined by ascension health of the organization, the process, performed by ascension health a related organization of lourdes foundation included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The audit committee reviewed and approved the compensation. In the review of the compensation, the other officers or key employees of the organization were compared to individuals at other organizations in the area who hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the committee minutes.”

“In determining the compensation of the organization's CEO, the process, performed by a related organization, Our Lady of Lourdes Hospital at Pasco, included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The audit committee reviewed and approved the compensation. In the review of the compensation, the CEO was compared to other hospitals in the area that hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the board minutes. The individual was not present when his compensation was decided. In determining the compensation of other officers and key employees, the process, performed by a related organization, Our Lady of Lourdes Hospital at Pasco, included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The audit committee reviewed and approved the compensation. In the review of the compensation, the other officers or key employees were compared to other hospitals employees in the area that hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the board minutes.”

“MANY OF THE PERSONS LISTED ON PART VII HAVE A "BUSINESS RELATIONSHIP" WITH EACH OTHER BY VIRTUE OF SITTING ON RELATED LOURDES ENTITY BOARDS. - Business relationship”

“Lourdes Foundation has a single corporate member Our Lady of Lourdes Hospital at Pasco.”

“Lourdes Foundation has a single corporate member, Our Lady of Lourdes Hospital at Pasco, who has the ability to elect members to the governing body of Lourdes Foundation.”

“All decisions that have a material impact to Lourdes Foundation financial information or corporation as a whole are subject to approval by its sole corporate member, Our Lady of Lourdes Hospital at Pasco.”

“Management, including certain officers works diligently to complete the Form 990 and attached schedules in a thorough manner. Prior to filing the return all Board Members are provided the Form 990 and management team members are available to answer any Board Members questions.”

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy in that any director principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing board delegated powers considering the proposed transaction or arrangement. The remaining individuals on the governing board or committee will decide if conflicts of interest exist. Each director, principal officer and member of a committee with governing board delegated powers annually signs a statement which affirms such person has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with t h e policy, and understands that the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish its tax-exempt purpose.”

“The organization will provide any documents open to public inspection upon request.”

“(Expenses $ 231,082 including grants of $ 203,551) THROUGH VARIOUS GRANTS TO OUR LADY OF LOURDES HOSPITAL AT PASCO, LOURDES FOUNDATION ALSO PROVIDED SUPPORT TO THE COMMUNITY THROUGH PROGRAMS DIRECTED AT COLLEGE SCHOLARSHIPS, VOCATIONAL REHAB, AND THE SUPPORTED LIVING AND HELPING HANDS PROGRAMS.”

“Donation Restriction Released Non PP&E-Unrestricted Fund - 143335; Donation Restriction Released PP&E-Unrestricted Fund - 373677; Donation Restriction Released Non PP&E-Temp Restricted Fund - -143335; Donation Restriction Released PP&E-Temp Restricted Fund - -373677;”