2021-04-22T13:10:38-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2019-07-01 232585181 ABIM FOUNDATION ABIM 2154463500 510 WALNUT STREET NO 1700 PHILADELPHIA PA 191063699 VINCENT MANDES SENIOR VICE PRESIDENT/CFO 2154463500 2021-04-19 1 VICKI RAIVITCH CPA P02060731 2156433900 2021-04-19 2019 2022-09-23 18:48:47Z RICHARD J BARON 510 WALNUT STREET NO 1700 PHILADELPHIA PA 191063699 4595747 0 X WWW.ABIMFOUNDATION.ORG X 1989 PA SEE SCHEDULE O.AS AN OPERATING CHARITY, THE ABIM FOUNDATION DEVELOPS AND IMPLEMENTS PROJECTS IN SUPPORT OF OUR MISSION TO ADVANCE THE CORE VALUES OF MEDICAL PROFESSIONALISM AS A FORCE TO IMPROVE THE QUALITY OF HEALTH CARE. 14 1 9 1 -37891 -37891 15813 153873 0 0 1451924 1317982 35340 21785 1503077 1493640 1958449 355740 0 0 1988661 1953081 0 0 0 766764 851664 4713874 3160485 -3210797 -1666845 70973325 71954590 1004553 863240 69968772 71091350 X SEE SCHEDULE O.AS AN OPERATING CHARITY, THE ABIM FOUNDATION DEVELOPS AND IMPLEMENTS PROJECTS IN SUPPORT OF OUR MISSION TO ADVANCE THE CORE VALUES OF MEDICAL PROFESSIONALISM AS A FORCE TO IMPROVE THE QUALITY OF HEALTH CARE. ONE OF OUR MOST SIGNIFICANT CONTRIBUTIONS HAS BEEN THE PUBLICATION OF MEDICAL PROFESSIONALISM IN THE NEW MILLENNIUM: A PHYSICIAN CHARTER IN 2002. OUR PAST AND PRESENT INITIATIVES FOCUS ON PROMOTING THE PRINCIPLES AND COMMITMENTS OUTLINED IN THIS SEMINAL DOCUMENT. 0 0 3160485 355740 19188 OUR WORK IS DEDICATED TO EXPLORING HOW PHYSICIAN LEADERS, HEALTH CARE ORGANIZATIONS AND PUBLIC POLICY MAKERS CAN ADVANCE MEDICAL PROFESSIONALISM THROUGHOUT THE HEALTH CARE SYSTEM IN ORDER TO IMPROVE CARE FOR EVERYONE. THE IDEALS OF PROFESSIONALISM, SUCH AS COMPETENCE AND THE PRIMACY OF PATIENT WELFARE, HAVE BEEN PREVIOUSLY DEFINED IN OUR WIDELY-ADOPTED PHYSICIAN CHARTER. INDIVIDUALS, ORGANIZATIONS, AND THE PROFESSION ALL EXPERIENCE OBSTACLES TO ACHIEVING THESE IDEALS.THROUGH OUR INITIATIVES, WE SEEK TO BETTER UNDERSTAND THESE OBSTACLES AND EXPLORE WAYS TO OVERCOME THEM. MUCH OF OUR WORK FOCUSES ON ADVANCING MEDICAL PROFESSIONALISM IN THE AREA OF THE WISE USE, OR STEWARDSHIP, OF RESOURCES. (CONTINUED ON SCHEDULE O.) THIS INCLUDES THE SUCCESSFUL CHOOSING WISELY CAMPAIGN WHICH HAS RESHAPED HOW PHYSICIANS AND PATIENTS DISCUSS WHETHER OR NOT PARTICULAR SERVICES ARE IN THE BEST INTEREST OF THE PATIENT. 3160485 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 48 0 9 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 1 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X VINCENT MANDES 2154463500 510 WALNUT STREET SUITE 1700 PHILADELPHIA PA 191063699 RICHARD J BARON PRESIDENT 8.00 32.00 X 175444 701774 119352 DANIEL WOLFSON EXECUTIVE VICE PRESIDENT/COO 40.00 0.00 X 425744 0 76835 VINCENT MANDES SENIOR VICE PRESIDENT/CFO 4.00 36.00 X 38488 346390 45432 PAMELA BROWNER-WHITE SVP, COMMUNICATIONS 4.00 36.00 X 30240 272166 79247 LORNA LYNN VP, MEDICAL EDUCATION RESEARCH 1.00 39.00 X 5951 291623 42750 TIMOTHY LYNCH SR. DIRECTOR, FOUNDATION PROGRAMS 40.00 0.00 X 165914 0 51010 WANDA ODOM DIR, FDN COMMUNICATION TO MAR 2020 40.00 0.00 X 111432 0 34445 MARIANNE M GREEN MD BOT 5.00 7.00 X 4250 36750 0 PATRICIA M CONOLLY MD BOT 5.00 5.00 X 10000 25000 0 CHRISTINE A SINSKY MD CHAIR 5.00 0.00 X X 18500 0 0 DAVID L COLEMAN MD BOT 5.00 5.00 X 10745 7000 0 SHARON A LEVINE MD BOT 5.00 1.00 X 10000 4000 0 JACKIE JUDD VICE CHAIR 5.00 0.00 X X 11500 0 0 FREDERICK CERISE MD MPH BOT 5.00 0.00 X 10000 0 0 ANTONIA M VILLARRUEL PHD RN BOT 5.00 0.00 X 10000 0 0 DAVID B REUBEN MD SECRETARY-TREASURER 5.00 0.00 X X 10000 0 0 CLARENCE H BRADDOCK III MD BOT 5.00 0.00 X 8500 0 0 GREGORY P POULSEN MBA BOT 5.00 0.00 X 8500 0 0 ANITA SAMARTH BOT 5.00 0.00 X 8500 0 0 JOHN G HAROLD MD BOT 5.00 0.00 X 5750 0 0 ELIZABETH A MCGLYNN PHD IMMEDIATE PAST CHAIR 5.00 0.00 X X 0 0 0 1079458 1684703 449071 4 0 1 0 0 66255 87618 153873 1134462 -37891 1172353 962 962 3285627 3102107 183520 183520 183520 HONORARIA 900099 19188 19188 VENDOR REIMBURSEMENT 900099 1635 1635 20823 1493640 19188 -37891 1358470 355740 355740 909334 909334 768175 768175 57087 57087 132393 132393 86092 86092 14482 14482 3735 3735 191793 191793 108323 108323 97162 97162 5238 5238 102591 102591 70197 70197 240841 240841 17302 17302 3160485 3160485 0 0 1753448 2077733 3001 3002 266498 118533 26953 5750 42087 70841 24011 24011 0 0 35331991 35853288 33549347 33825443 70973325 71954590 936006 799273 68547 63967 1004553 863240 X 69702274 70972817 266498 118533 69968772 71091350 70973325 71954590 -1666845 2789423 0 X 0 1 X 1 0 X X X 1 THE AMERICAN BOARD OF INTERNAL MEDICINE 390866228 10 1 355740 0 1 355740 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 FORM 990, SCHEDULE A, PART IV, SECTION A, LINE 6: THE FOUNDATION AWARDED GRANTS TO THESE ORGANIZATIONS TO SUPPORT THE MISSION OF ABIM BY PROMOTING PROFESSIONALISM AS A FORCE TO IMPROVE THE QUALITY OF HEALTH CARE AND SEEKING TO REINFORCE THE CERTIFICATION PROCESS AS A MANIFESTATION OF PROFESSIONALISM; SUPPORTING ABIM'S EFFORTS TO ACQUIRE NEW KNOWLEDGE ABOUT HOW BEST TO ASSESS PHYSICIANS' KNOWLEDGE, SKILLS AND ATTITUDES AND EVALUATE THEIR PERFORMANCE THROUGH RESEARCH, PILOTS AND PRODUCT DEVELOPMENT; AND CONVENING THE MEDICAL COMMUNITY AND DIVERSE STAKEHOLDERS TO EXPLORE RELEVANT TOPICS THAT AFFECT PHYSICIAN PERFORMANCE: * COSTS OF CARE (501(C)(3) PUBLIC CHARITY) - TO CREATE A PROGRAM FOR U.S. MEDICAL STUDENTS TO PROMOTE CHOOSING WISELY AND HEALTH CARE VALUE * KAISER PERMANENTE WA HEALTH RESEARCH INSTITUTE (501(C)(3) PUBLIC CHARITY) - TO PROMOTE HIGH VALUE CARE CULTURE SURVEY ACROSS ACCOUNTABLE CARE ORGANIZATIONS * THE REGENTS OF THE UNIVERSITY OF MICHIGAN (501(C)(3) PUBLIC CHARITY) - TO PERFORM A SYSTEMATIC REVIEW OF LITERATURE ON CHOOSING WISELY * INSTITUTE FOR ACCOUNTABLE CARE (501(C)(3) PUBLIC CHARITY) - TO PROMOTE HIGH VALUE CARE CULTURE SURVEY ACROSS ACCOUNTABLE CARE ORGANIZATIONS * HENNEPIN HEALTHCARE RESEARCH INSTITUTE (501(C)(3) PUBLIC CHARITY) - TO PERFORM A SECONDARY DATA ANALYSIS OF HEALTHY WORK PLACE TRIAL DATA RELATED TO TRUST TOPICS * AMERICAN FOUNDATION FOR FIREARM INJURY REDUCTION IN MEDICINE (AFFIRM) (501(C)(3) PUBLIC CHARITY) - PURCHASE OF PERSONAL PROTECTIVE EQUIPMENT (PPE) DURING THE COVID-19 PANDEMIC * DUKE UNIVERSITY (501(C)(3) PUBLIC CHARITY) - SUPPORT DEVELOPMENT OF MISINFORMATION FIRST AID PROGRAM * PUBLIC AGENDA, INC. (501(C)(3) PUBLIC CHARITY) - SUPPORT THE INVOLVEMENT OF PUBLIC AGENDA AND THE NATIONAL PATIENT ADVOCATE FOUNDATION IN THE BUILDING TRUST INITIATIVE * PATIENT CENTERED PRIMARY CARE COLLABORATIVE (501(C)(6) ORGANIZATION) - SPONSORSHIP OF EVENT TO SUPPORT THEIR MISSION OF ADVANCING AN EFFECTIVE AND EFFICIENT HEALTH SYSTEM BUILT ON A STRONG FOUNDATION OF PRIMARY CARE * DREXEL UNIVERSITY (501(C)(3) PUBLIC CHARITY) - DEPARTMENT OF EMERGENCY MEDICINE FUND FOR RESIDENTS AT DREXEL UNIVERSITY COLLEGE OF MEDICINE * NATIONAL ALLIANCE OF HEALTHCARE PURCHASER COALITIONS (501(C)(6) ORGANIZATION) - HELP PROMOTE CHOOSING WISELY TO EMPLOYERS AND PURCHASERS; PARTICIPATE IN THE BUILDING TRUST INITIATIVE * NATIONAL PARTNERSHIP FOR WOMEN AND FAMILIES (501(C)(3) PUBLIC CHARITY) - SPONSORSHIP OF EVENT TO SUPPORT THEIR MISSION OF MAKING REFORMS IN THE U.S. HEALTH CARE SYSTEM IN WAYS BENEFITING THE PROFESSIONAL WELL-BEING OF PHYSICIANS THE FOUNDATION ALSO MADE A CHARITABLE DONATION TO AN UNRELATED PUBLIC CHARITY. THIS IS NOT A RECURRING ACTIVITY PURSUED BY THE FOUNDATION. * PROVIDENCE TRINITYCARE HOSPICE FOUNDATION (501(C)(3) PUBLIC CHARITY) - OPERATING SUPPORT RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24011 24011 0 0 TIFF KEYSTONE FUND, LP 33825443 F 33825443 DUE TO AMERICAN BOARD OF INTERNAL MEDICINE 63967 63967 X 4145274 2789423 2789423 1355851 137789 137789 1493640 3022696 -137789 -137789 3160485 0 3160485 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS GRANTED THE ORGANIZATION, WHICH IS NOT A PRIVATE FOUNDATION, EXEMPTION FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN ANY UNCERTAIN TAX POSITIONS THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A TAX AUTHORITY. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. ACCORDINGLY, NO PROVISION FOR THE INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FOUNDATION CONTRIBUTION FROM ABIM 66,255. UNSPENT GRANT FUNDS 71,534. PART XII, LINE 2D - OTHER ADJUSTMENTS: FOUNDATION CONTRIBUTION FROM ABIM -66,255. UNSPENT GRANT FUNDS -71,534. 1 COSTS OF CARE 19 PONTIAC ROAD QUINCY MA 02169 272898108 501(C)(3) 85000 0 TO CREATE A PROGRAM FOR U.S. MEDICAL STUDENTS TO PROMOTE CHOOSING WISELY AND HEALTH CARE VALUE KAISER PERMANENTE WA HEALTH RESEARCH INSTITUTE 1730 MINOR AVENUE SUITE 1600 SEATTLE WA 98101 910511770 501(C)(3) 55970 0 TO PROMOTE HIGH VALUE CARE CULTURE SURVEY ACROSS ACCOUNTABLE CARE ORGANIZATIONS THE REGENTS OF THE UNIVERSITY OF MICHIGAN 3003 SOUTH STATE STREET ANN ARBOR MI 48109 386006309 501(C)(3) 36152 0 TO PERFORM A SYSTEMATIC REVIEW OF LITERATURE ON CHOOSING WISELY INSTITUTE FOR ACCOUNTABLE CARE 601 13TH STREET NW STE 900S WASHINGTON DC 20005 822461803 501(C)(3) 34000 0 TO PROMOTE HIGH VALUE CARE CULTURE SURVEY ACROSS ACCOUNTABLE CARE ORGANIZATIONS HENNEPIN HEALTHCARE RESEARCH INSTITUTE 701 PARK AVENUE PP7700 MINNEAPOLIS MN 55415 411677920 501(C)(3) 33618 0 TO PERFORM A SECONDARY DATA ANALYSIS OF HEALTHY WORK PLACE TRIAL DATA RELATED TO TRUST TOPICS AMERICAN FOUNDATION FOR FIREARM INJURY REDUCTION IN MEDICINE (AFFIRM) PO BOX 503 WILLIAMSTOWN MA 01267 823454784 501(C)(3) 25000 0 PURCHASE OF PERSONAL PROTECTIVE EQUIPMENT (PPE) DURING THE COVID-19 PANDEMIC DUKE UNIVERSITY 2200 WEST MAIN STREET SUITE 300 DURHAM NC 27705 560532129 501(C)(3) 25000 0 SUPPORT DEVELOPMENT OF MISINFORMATION FIRST AID PROGRAM PUBLIC AGENDA INC WEWORK 1 DOCK 72 WAY 7TH FLOOR SUITE 6101 BROOKLYN NY 11205 132847587 501(C)(3) 25000 0 SUPPORT THE INVOLVEMENT OF PUBLIC AGENDA AND THE NATIONAL PATIENT ADVOCATE FOUNDATION IN THE BUILDING TRUST INITIATIVE PATIENT CENTERED PRIMARY CARE COLLABORATIVE 601 13TH STREET NW STE 430 NORTH WASHINGTON DC 20005 262012522 501(C)(6) 10000 0 SPONSORSHIP OF EVENT TO SUPPORT THEIR MISSION OF ADVANCING AN EFFECTIVE AND EFFICIENT HEALTH SYSTEM BUILT ON A STRONG FOUNDATION OF PRIMARY CARE PROVIDENCE TRINITYCARE HOSPICE FOUNDATION 5315 TORRANCE BLVD SUITE B-1 TORRANCE CA 90503 330261016 501(C)(3) 10000 0 OPERATING SUPPORT DREXEL UNIVERSITY 3201 ARCH STREET SUITE 420 PHILADELPHIA PA 19104 231352630 501(C)(3) 5000 0 DEPARTMENT OF EMERGENCY MEDICINE FUND FOR RESIDENTS AT DREXEL UNIVERSITY COLLEGE OF MEDICINE NATIONAL ALLIANCE OF HEALTHCARE PURCHASER COALITIONS 1015 18TH STREET NW SUITE 730 WASHINGTON DC 20036 650328971 501(C)(6) 5000 0 HELP PROMOTE CHOOSING WISELY TO EMPLOYERS AND PURCHASERS; PARTICIPATE IN THE BUILDING TRUST INITIATIVE NATIONAL PARTNERSHIP FOR WOMEN AND FAMILIES 1875 CONNECTICUT AVENUE NW SUITE 650 WASHINGTON DC 20009 237124915 501(C)(3) 5000 0 SPONSORSHIP OF EVENT TO SUPPORT THEIR MISSION OF MAKING REFORMS IN THE U.S. HEALTH CARE SYSTEM IN WAYS BENEFITING THE PROFESSIONAL WELL-BEING OF PHYSICIANS 11 2 PART I, LINE 2: GRANTS ARE MADE TO A RELATED SUPPORTED ORGANIZATION, AMERICAN BOARD OF INTERNAL MEDICINE (ABIM), WHICH HAS SIMILAR BOARD MEMBERS. MONITORING OF THE GRANT FUNDS IS PERFORMED BY THE BOARD MEMBERS. GRANTEES OTHER THAN ABIM PROVIDE FORMAL QUARTERLY AND ANNUAL REPORTS. AT LEAST ONE SITE VISIT IS CONDUCTED WITH EACH GRANTEE DURING THE COURSE OF THE GRANT. X X X X X X 0 0 0 0 0 0 0 1 0 RICHARD J BARON PRESIDENT 137601 550402 34400 137600 3443 13772 20754 83017 3116 12465 199314 797256 0 0 DANIEL WOLFSON EXECUTIVE VICE PRESIDENT/COO 318866 0 71123 0 35755 0 44785 0 32050 0 502579 0 0 0 VINCENT MANDES SENIOR VICE PRESIDENT/CFO 28369 255319 6283 56548 3836 34523 4478 40306 65 583 43031 387279 0 0 PAMELA BROWNER-WHITE SVP, COMMUNICATIONS 23196 208768 4527 40748 2517 22650 4292 38624 3633 32698 38165 343488 0 0 LORNA LYNN VP, MEDICAL EDUCATION RESEARCH 5142 251960 761 37311 48 2352 811 39734 44 2161 6806 333518 0 0 TIMOTHY LYNCH SR. DIRECTOR, FOUNDATION PROGRAMS 147071 0 2000 0 16843 0 23547 0 27463 0 216924 0 0 0 PART I, LINE 7: ABIM HAS A BONUS POOL FOR TOP EXECUTIVES. THE BOARD EVALUATES THE PERFORMANCE OF EACH EXECUTIVE BASED ON PRE-ESTABLISHED OBJECTIVES FOR A GIVEN YEAR AND THEN DETERMINES WHETHER A BONUS IS APPROPRIATE. FORM 990, PART V, LINE 2: ABIM FOUNDATION DOES NOT HAVE ANY EMPLOYEES OF ITS OWN. EMPLOYEES WORKING ON BEHALF OF ABIM FOUNDATION ARE EMPLOYEES OF ABIM. THESE EMPLOYEES ARE PAID VIA A COMMON PAYMASTER AGREEMENT BETWEEN ABIM AND ABIM FOUNDATION. ABIM FOUNDATION PROVIDES A 100% REIMBURSEMENT OF WAGES, PAYROLL TAXES AND BENEFIT COSTS TO ABIM FOR EMPLOYEE TIME SPENT WORKING ON FOUNDATION ACTIVITIES. ABIM FILES ALL PAYROLL TAX RETURNS AND PAYS APPLICABLE TAXES WHEN DUE UNDER THEIR EIN 39-0866228. FORM 990, PART VI, SECTION A, LINE 6 THE AMERICAN BOARD OF INTERNAL MEDICINE (ABIM), A RELATED 501(C)(3) PUBLIC CHARITY, IS CONSIDERED A MEMBER OF THE FOUNDATION PER THE INTERNAL REVENUE SERVICE DEFINITION OF MEMBER. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT/CEO, CHAIR, AND IMMEDIATE PAST CHAIR OF ABIM ARE REQUIRED TO BE TRUSTEES OF THE FOUNDATION. (THE PRESIDENT/CEO OF ABIM IS ALSO THE PRESIDENT/CEO OF THE FOUNDATION.) EITHER, FOUR, FIVE, OR SIX OF THE FOUNDATION'S TRUSTEES ARE SELECTED BY ABIM, DEPENDING ON THE TOTAL NUMBER OF FOUNDATION TRUSTEES (TWELVE, FOURTEEN, OR SIXTEEN). THESE INDIVIDUALS MUST BE ACTIVE OR RECENT EMERITUS DIRECTORS OF ABIM, OR ACTIVE OR RECENT MEMBERS OF THE ABIM COUNCIL OR ONE OF THE ABIM SPECIALTY BOARDS. (FORMER DIRECTORS, COUNCIL MEMBERS AND MEMBERS OF SPECIALTY BOARDS MUST HAVE SERVED WITHIN SIX YEARS OF BEING APPOINTED AS A TRUSTEE OF THE FOUNDATION). ANY BOARD MEMBER ELECTED BY ABIM MAY BE REMOVED BY ABIM. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE FINANCE DEPARTMENT PROVIDES ALL INFORMATION AND REVIEWS THE FORM 990 PRIOR TO BOARD REVIEW. THE FORM 990 IS THEN MADE AVAILABLE TO THE ENTIRE GOVERNING BODY, VIA EMAIL, FOR COMMENTS AND QUESTIONS. ONCE ALL COMMENTS AND QUESTIONS HAVE BEEN ADDRESSED, THE FORM 990 IS APPROVED. THE CFO SIGNS THE FORM 990 AND COMMUNICATES TO THE BOARD OF DIRECTORS THAT THE FORM 990 HAS BEEN FILED. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF TRUSTEES AND COMMITTEES ARE EXPECTED TO HAVE THE MISSION OF THE FOUNDATION AS THEIR PRIMARY INTEREST WHEN CONTRIBUTING TO THE FOUNDATION'S WORK. A CONFLICT OF INTEREST MAY ARISE WHEN, DUE TO A COMPETING OUTSIDE INTEREST, A BOARD TRUSTEE OR COMMITTEE MEMBER HAS THE OPPORTUNITY TO INFLUENCE FOUNDATION ACTIVITY IN WAYS THAT COULD LEAD TO, OR APPEAR TO LEAD TO, PERSONAL OR INSTITUTIONAL GAIN OR ADVANTAGE. THE ABIM FOUNDATION CONFLICT OF INTEREST POLICY IS INTENDED TO MANAGE CONFLICTS THAT ARISE FROM COMPETING INTERESTS. INTERESTS THAT HAVE THE POTENTIAL TO BE IN CONFLICT WITH THE INTERESTS OF THE FOUNDATION INCLUDE EMPLOYMENT, CONSULTANCIES, AND ADVISORY POSITIONS TO PHARMACEUTICAL, MEDICAL SUPPLY, AND OTHER MEDICAL OR BIOTECHNOLOGY COMPANIES; PERSONAL INVESTMENTS IN SUCH COMPANIES; AND OTHER AFFILIATIONS (E.G., SERVICE AS A TRUSTEE, OFFICER, OR DIRECTOR) WITH MEDICAL ORGANIZATIONS. FOUNDATION ACTIVITIES WHICH COULD BE INAPPROPRIATELY INFLUENCED INCLUDE DECISIONS ON GRANT AWARDS, PROGRAMS AND POLICY DEVELOPMENT. IN ADDITION TO COMPLETING THE ANNUAL DISCLOSURE REQUIREMENTS, TRUSTEES, COMMITTEE MEMBERS, AND EXECUTIVE STAFF MEMBERS MUST DISCLOSE TO THE GOVERNANCE AND NOMINATING COMMITTEE ON AN ONGOING BASIS ALL MATERIAL FACTS CONCERNING ANY SITUATION THAT MIGHT BE VIEWED AS A CONFLICT. IN ORDER TO ENSURE IMPARTIAL DECISION MAKING, NO TRUSTEE, COMMITTEE MEMBER, OR EXECUTIVE STAFF MEMBER SHALL PARTICIPATE (OTHER THAN BY PROVIDING INFORMATION) IN ANY DELIBERATION OR DECISION IN WHICH HE OR SHE HAS A CONFLICT OF INTEREST. THE FINAL ARBITER OF WHETHER OR NOT A CONFLICT EXISTS IS THE GOVERNANCE AND NOMINATING COMMITTEE. ANY TRUSTEE, COMMITTEE MEMBER, OR EXECUTIVE STAFF MEMBER MAY REQUEST A REVIEW AND OPINION OF THAT COMMITTEE AT ANY TIME. THE FULL CONFLICT OF INTEREST POLICY CAN BE FOUND ON THE FOUNDATION WEBSITE HTTP://ABIMFOUNDATION.ORG/WHO-WE-ARE/TRUSTEES/CONFLICT-OF-INTEREST-POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE ABIM FOUNDATION ENGAGES AN EXTERNAL COMPENSATION VENDOR TO CONDUCT AN ORGANIZATION-WIDE COMPENSATION REVIEW ROUGHLY EVERY THREE YEARS TO ASSURE COMPETITIVE BASE AND TOTAL COMPENSATION FOR ALL EMPLOYEES UP THROUGH AND INCLUDING VICE PRESIDENTS. EACH CYCLE, THE VENDOR: * REVIEWS ALL EXISTING JOB DESCRIPTIONS/DOCUMENTATION; * SPEAKS WITH KEY MANAGERS IN EACH FUNCTIONAL AREA; * RESEARCHES AND EXTRACTS PAY SURVEY DATA FOR SELECTED BENCHMARK JOB TYPES; AND, * ANALYZES SEVERAL PAY PRACTICE DATA SOURCES INCLUDING: VIEW OF COMMERCIAL SURVEY REPORTS (ECONOMIC RESEARCH INSTITUTE, SALARY.COM, PRM CONSULTING); * REVIEW OF 990S FOR NON-PROFIT ORGANIZATIONS WITH SIMILAR SIZES IN HEALTH CARE; AND * ASSESSMENT OF THE PAY PRACTICES OF OTHER NON-PROFIT AND FOR-PROFIT CLIENTS IN THE PHILADELPHIA LABOR MARKET. THE ABIM FOUNDATION MAINTAINS SALARIES IN LINE WITH DESIGNATED RANGES AND COMPETITIVE PAY PRACTICES. IN ADDITION, COMPENSATION OF OUR CEO IS REVIEWED EACH YEAR BY THE EXECUTIVE COMPENSATION COMMITTEE (ECC), AND THE ECC'S RECOMMENDATION ON CEO COMPENSATION NEEDS TO BE APPROVED BY THE BOARD OF TRUSTEES. OTHER EXECUTIVE-LEVEL STAFF IS SET AFTER RECOMMENDATION BY THE CEO AND THEN REVIEW AND APPROVAL BY THE EXECUTIVE COMPENSATION COMMITTEE. THE ECC DIRECTLY ENGAGES AN INDEPENDENT CONSULTANT TO PROVIDE DATA ON SALARIES FOR COMPARABLE EXECUTIVE POSITIONS IN COMPARABLE ORGANIZATIONS, UPDATED EVERY THREE YEARS, AND THIS COMPARATIVE DATA IS USED TO SET, REVIEW AND APPROVE ALL EXECUTIVE SALARIES. THE EXECUTIVE COMPENSATION COMMITTEE REPORTS EXECUTIVE COMPENSATION ANNUALLY TO THE FULL BOARD OF TRUSTEES. THE REVIEW AND APPROVAL OF CEO AND EXECUTIVE-LEVEL STAFF COMPENSATION IS DOCUMENTED IN THE MINUTES OF THE ECC. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE AMERICAN BOARD OF INTERNAL MEDICINE 510 WALNUT STREET SUITE 1700 PHILADELPHIA PA 19106 390866228 TO ENHANCE THE QUALITY OF HEALTH CARE IN INTERNAL MEDICINE IA 501(C)(3) LINE 10 N/A 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 0