Alameda Health System Foundation

“The Form 990 is prepared by an independent tax preparer in conjunction with the organization's finance and accounting staff. The Form 990 is then reviewed by the in-house accountant, Director of Finance, and reviewed by the Board.”

“Each board member, officer, and key employee of the Foundation signs an Annual Disclosure and Compliance Statement which: (i) affirms that the person has received a copy of the Conflict of Interest Policy, has read and understood the policy, and has agreed to comply with the policy, and (ii) discloses the person's financial interests and family relationships that could give rise to conflicts of interest. When a potential conflict is identified, the Board shall determine if a conflict of interest exists and may delegate initial review and recommendation to its board governance/nominating committee and/or the executive committee. If a Director is the individual with which a potential conflict of interest is identified, the Director shall not participate in discussion or vote in any matter related to the transaction. The Board or designee committee members may ask questions of and receive presentations from the individuals with the potential conflict of interest and other interested persons. After exercising due diligence, which may include investigating alternatives that present no conflict, the Board or designee committee members vote upon the matter, the proceedings of which are recorded in the minutes of each Board meeting.”

“The salary for the President is established by the Compensation Committee of the Board, who utilizes an outside third party salary study to assure that current salary meeting current market guidelines. The President sets compensation for all other officers and key employees of the Foundation utilizing comparable data from other similar charities.”

“The governing documents, conflict of interst policy and financial statements are made available to the public upon request.”

“Project Management Fees: Program service expenses 85,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 85,500. Other Professional Fees: Program service expenses 632,523. Management and general expenses 8,485. Fundraising expenses 0. Total expenses 641,008.”

“Write-Off of Prior Year Pledges -8,304.”