| Form 990, Part VI, Line 1a: Explanation of Delegated Broad Authority to Committee |
Episcopal Health Foundation (EHF) has an Executive Committee that includes the Board Chair (who serves as Executive Committee Chair), the Executive Chair, and four other members of the Board appointed by the Chair of the Board. The Committee may meet at stated times or by notice. During intervals between meetings of the Board of Directors, the Executive Committee has and may exercise the powers of the Board of Directors in the management of the business and affairs of EHF. |
| Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et |
Bishop Andrew Doyle, David Fisher and Linda Mitchell are employed by the Episcopal Diocese of Texas in senior positions. |
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder |
The Episcopal Diocese of Texas is the sole member of EHF. The authority of the Diocese is vested in the Bishop, the Council of the Diocese, and a standing committee. |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body |
EHF's sole member has the right to elect or remove directors of EHF. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders |
EHF's sole member must approve the following: 1. Amendments to the certificate of formation and bylaws; 2. The merger of EHF with any other organization or entity; 3. The conversion of EHF; 4. The sale, transfer, assignment, or disposition of substantially all of EHF's assets; and 5. The dissolution, winding up, and termination of EHF. |
| Form 990, Part VI, Line 11b: Form 990 Review Process |
EHF's President/CEO presents the draft 990 to the board prior to filing with IRS. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
Each director, officer, and member of a committee is required to annually sign a statement which affirms that such person has received a copy of the COI policy, has read and understands the policy, and agrees to comply with the policy (including the requirement to disclose any potential conflicts). |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
An independent consultant was retained to evaluate compensation for the President/CEO and senior management. The Compensation Committee meets to discuss the CEO's compensation which is ultimately approved by the board of directors. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees |
An independent consultant was retained to evaluate compensation for senior management. The Compensation Committee meets to discuss the results of the top four highest paid employees. Staff compensation is determined by the CEO. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
Available upon request at the front desk office of EHF. |
Attach to Form 990 or 990-EZ.