| Form 990, Part VI, Line 15a Determining the compensation of the top management official |
The compensation of the top management official is determined by Bon Secours Mercy Health, a related tax-exempt organization. |
| Form 990, Part VI, Line 6 Classes of members or stockholders |
BON SECOURS MERCY HEALTH IS THE MEMBER OF THE BON SECOURS MERCY HEALTH FOUNDATION. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body |
Bon Secours Mercy Health elects all trustees who have full voting rights. |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders |
Certain matters require approval of Bon Secours Mercy Health, the Foundation's Corporate Member. The regulations of the organization describe the level of approval required for various decisions. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body |
THE FORM 990 IS PREPARED BY THE BON SECOURS MERCY HEALTH TAX DEPARTMENT AND REVIEWED BY MANAGEMENT AND THE CURRENT FOUNDATION BOARD. ONCE THE FORM 990 IS REVIEWED AND APPROVED BY ALL APPLICABLE PARTIES A COPY OF THE FINAL VERSION IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. |
| Form 990, Part VI, Line 12c Conflict of interest policy |
BSMH maintains a written and board approved Conflict of Interest Policy. The policy requires board members, officers, directors and key employees to annually disclose interests that could give rise to conflicts. The Audit and Compliance Committee (ACC) of the BSMH Board has the ultimate responsibility for Conflict of Interest, including the Policy implementation, compliance monitoring, and enforcement. Through the ACC, the Policy establishes the annual and ongoing requirement to make disclosures. BSMH Compliance Department reviews all Conflict of Interest disclosures to determine if a disclosed matter constitutes a potential Conflict of Interest requiring management intervention. The review constitutes an independent evaluation of all available facts and circumstances by a disinterested party. Potential Conflicts are shared with the disclosing individual's board chair or supervisor ("Leader"), and in collaboration with the BSMH Compliance Department, the Leader will conclude if an actual conflict exists and, if so, determine how it will be managed. Depending on the facts and circumstances, resolutions may include, but are not limited to, ongoing disclosure, recusal from board or committee deliberations and decision, or removal of the conflict. Upon the completion of the annual review process and review with the individual's Leader, the BSMH Compliance Department submits to the ACC a report of all conflicts and how they will be managed. The ACC will review such recommendations and either approve or request changes until approval may be granted. |
| Form 990, Part VI, Line 19 Required documents available to the public |
The governing documents, conflict of interest policy and financial statements are available upon request. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances |
Merger of Bon Secours foundations - 86971287; Transfers from Affiliates - -1001924; Adjustments to Fund Balance - -7676818; Elimination of Intercompany Balances - 6169; |
Attach to Form 990 or 990-EZ.