Life Foundation

“The life foundation independent audit committee receives drafts of audited financial statements from the auditing firm and, after providing clarifying feedback, receives and approves the final drafts. These drafts are distributed to the full board of directors by email attachment. Upon request, printed copies of the draft form 990 are mailed to board members for review. The board is given at least one week to review the form 990 and present comments or questions to the audit committee. If the audit committee finds merit in any board comments or questions, the auditing firm will be asked to amend the drafts accordingly and the amended drafts will be accepted by the audit committee as the final form 990 for the fiscal year.”

“On an annual basis, a copy of the organization's conflict of interest policy is presented to each board member along with a conflict of interest disclosure form, which must be completed by each member indicating either that the member perceives no conflict of interest or listing potential conflicts in order to put the organization and other board members on notice.”

“The executive committee sits as the organization's compensation committee for the purpose of determining fair compensation for the executive director. In so doing, the committee determines the executive director's level and quality of performance during the previous year and conducts a brief survey within the honolulu community to determine the current range of compensation for chief executive positions at organizations that are similar in size and complexity to life foundation. The committee then uses the result of both performance review and salary surveys to fashion an executive director compensation package for the coming year. The executve director, in turn performs the same process relative to the chief financial officer and program department heads.”

“Form 990 is published to the organization website. Other available governance documents including printed copies of form 990 and conflicts of interest policies can be found at the life foundation business office.”

“To stop the spread of hiv and aids in hawaii; empower those affected by hiv/aids to maximize their quality of life; provide leadership and advocacy in responding to the aids epidemic; and, apply the skills and lessons learned from the aids epidemic to other related areas of public health or concern.”

“To stop the spread of hiv and aids in hawaii; empower those affected by hiv/aids to maximize their quality of life; provide leadership and advocacy in responding to the aids epidemic; and, apply the skills and lessons learned from the aids epidemic to other related areas of public health or concern.”

“Hiv care services for more than 740 hiv positive people (an average caseload of 90 clients for each of the eight case managers). Before the end of the fiscal year, life foundation reduced staffing to 8 medical case managers, 1 community health nurse, and 1 care director. The average case load per medical case manager is about 92.5 active cases. Simply put, the purpose of the life foundation hiv care services department is to prevent future aids-related deaths in hawaii. Each enrolled client is assisted in the following areas: physical health (are you under the care of an experienced aids-treating physician?); aids medication (do you have affordable access to lifesaving aids medications and do you know how to take them effectively?); financial stability (are you receiving all forms of financial assistance to which you are entitled, such as social security or va benefits?); housing (are you living in safe, decent and affordable housing sufficient to help you live as healthfully as possible?); emotional health (are you able to cope well with your life with aids?)”

“Hiv prevention services. A core function of life foundation since its inception in the early 1980s has been to fight the spread of hiv and aids in the hawaiian islands. This has involved various strategies over the years but has always revolved around making sure that people know their hiv status and reaching out to people who are or may become involved in behaviors that put them at high risk for contracting hiv. In the past year, these strategies have included hiv rapid testing of approximately 1,600 people in the office as well as remote locations throughout oahu. Of these, approximately 1% were positive for hiv. In addition, life foundation outreach workers have performed over 20,000 hiv prevention interactions among individuals and groups with priority populations being men who have sex with men, high risk women and transgendered people. Another program, kua'ana project is in its second year and provides supportive social services including hiv prevention education, employment, domestic violence and legal referral services to the transgender community. Kua'ana project is mainly funded by the hawaii state grant in aid for operational costs. Other supplemental grants and fundraising efforts are done to help support program activities.”

“The 340b drug purchase program is a federal program enacted in 1992 to provide additional income to healthcare organizations that receive federal funding, in life foundation's case, by virtue of being partially funded under part b of the ryan white hiv/aids program. Gross revenue, received through third party insurance payments submitted in response to billing by the contract pharmacy (5 minute pharmacy) when a 340b program eligible client/patient of life foundation fills or refills a prescription by a qualified contract provider, includes those funds received by the pharmacy on life foundation's behalf along with any copayments received. Net revenue is derived by deducting the contract pharmacy service fee, currently 17% of gross income as well as the cost to replenish medications dispensed at established 340b prices.”

“Change in temporarily restricted net assets 26,609.”

“The process for reviewing the form 990 has not changed from the prior year.”