2019-08-15T08:32:26-05:00 2018-09-30 861065772 DELOITTE TAX LLP 201 N FRANKLIN STREET SUITE 3600 TAMPA FL 336025818 990 2017-10-01 596137805 BETHESDA HOSPITAL FOUNDATION INC BETH 5617377733 2815 S SEACREST BLVD BOYNTON BEACH FL 33435 JANETTE SANCHEZ CORP. VP OF FINANCE 5617377733 2019-08-14 1 P00648526 8132738355 173.66.15.212 2019-08-15 08:22:37 ED P 0E4C15207DC127BDB52450F77D4060F40C3F1AE4 BB12664BE1E3D4BC08488640412F20C0F7A39D48 2017 2019-02-21 02:37:17Z W HOWARD ELLINGSWORTH 2815 S SEACREST BLVD BOYNTON BEACH FL 33435 70847574 0 X WWW.BETHESDAHOSPITALFOUNDATION.ORG X 1947 FL BETHESDA HOSPITAL FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED FOR THE BENEFIT AND SUPPORT OF BETHESDA HOSPITAL. ITS PURPOSE IS TO ASSIST THE HOSPITAL IN ACCOMPLISHING ITS MISSION THROUGH THE ACQUISITION, MANAGEMENT AND DISBURSEMENT OF PHILANTHROPIC ASSETS AND BY BUILDING SUPPORT OF THE HOSPITAL WITHIN THE COMMUNITY. 18 17 9 25 0 0 4456915 3202440 0 0 1330710 6327085 -294637 -373082 5492988 9156443 1988931 3013946 0 0 851062 635740 0 0 769461 211346 483370 3051339 4133056 2441649 5023387 47239924 48421866 1943604 1813833 45296320 46608033 X BETHESDA HOSPITAL FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED FOR THE BENEFIT AND SUPPORT OF BETHESDA HOSPITAL. ITS PURPOSE IS TO ASSIST THE HOSPITAL IN ACCOMPLISHING ITS MISSION THROUGH THE ACQUISITION, MANAGEMENT AND DISBURSEMENT OF PHILANTHROPIC ASSETS AND BY BUILDING SUPPORT OF THE HOSPITAL WITHIN THE COMMUNITY. 0 0 2733106 2733106 THE BETHESDA HOSPITAL FOUNDATION, CELEBRATING OVER 65 YEARS OF SERVICE TO THE COMMUNITY, REMAINS COMMITTED TO RAISING AWARENESS AND RAISING FUNDS TO PROVIDE WORLD-CLASS HEALTHCARE IN OUR COMMUNITY. WITH BETHESDA'S EXPANDING ROLE AS A LEADER IN REGIONAL HEALTHCARE AND THE DRAMATIC GROWTH IN THE COMMUNITY WE SERVE, BETHESDA'S PLANS HAVE RAPIDLY PROGRESSED WITH THE OPENING OF PALM BEACH COUNTY'S NEWEST HOSPITAL IN JANUARY 2013. WITH COMMUNITY SUPPORT, BETHESDA WILL PREPARE FOR THE FUTURE AND ENSURE QUALITY CARE FOR EACH AND EVERY RESIDENT IN OUR COMMUNITY. 277340 277340 BETHESDA HOSPITAL FOUNDATION PROVIDES FUNDING TO BETHESDA HOSPITAL FOR THE DRISKILL CENTER FOR CARING, WHOSE MISSION IS TO TEACH CAREGIVERS TO EFFECTIVELY INTEGRATE CARING AND CLINICAL SKILLS, SUCH THAT A PHILOSOPHY OF "CARING EXCELLENCE" BECOMES THE CULTURE THROUGHOUT BETHESDA HOSPITAL. THE DRISKILL ENDOVASCULAR CENTER ALLOWS SURGEONS TO CARE FOR PATIENTS WITH VASCULAR PROBLEMS USING MINIMALLY INVASIVE PROCEDURES. 3500 3500 SCHOLARSHIPS PROVIDED TO INDIVIDUALS CONSISTENT WITH DONOR INTENT. 3013946 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 25 0 1 9 1 0 0 0 0 0 1 1 0 0 0 0 X 18 17 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X JOANNE AQUILINA 5617377733 2815 S SEACREST BLVD BOYNTON BEACH FL 33435 W HOWARD ELLINGSWORTH CHAIRMAN 2.00 0.00 X X 0 0 0 STEVEN M LITINSKY VICE CHAIRMAN 2.00 4.00 X X 0 0 0 IRENE STOLFI BURNS SECRETARY 2.00 0.00 X X 0 0 0 MARIE Y BEDNER DIRECTOR 2.00 4.00 X 0 0 0 MARY J BLUM DIRECTOR 2.00 0.00 X 0 0 0 DEBRA A ELMORE DIRECTOR 2.00 0.00 X 0 0 0 CHARLES W BOWIE DIRECTOR 2.00 0.00 X 0 0 0 STACEY M HALLBERG DIRECTOR 2.00 0.00 X 0 0 0 ANN P HEILAKKA DIRECTOR 2.00 0.00 X 0 0 0 PASCAL J LIGUORI DIRECTOR 2.00 0.00 X 0 0 0 BRUCE H LYNN DIRECTOR 2.00 0.00 X 0 0 0 MICHAEL M MCCARTHY DIRECTOR 2.00 0.00 X 0 0 0 MICHAEL M MULLIN III DIRECTOR 2.00 0.00 X 0 0 0 JOHN I MURRAY DIRECTOR 2.00 0.00 X 0 0 0 STORMET C NOREM DIRECTOR 2.00 6.00 X 0 0 0 JOHN R PASQUAL DMD DIRECTOR 2.00 0.00 X 0 0 0 KAREN M ROGERS DIRECTOR 2.00 0.00 X 0 0 0 THOMAS M STANLEY ESQ DIRECTOR 2.00 0.00 X 0 0 0 RICHARD J VIENS DIRECTOR, END 7/18 2.00 0.00 X 0 0 0 ROGER L KIRK PRESIDENT 2.00 52.00 X 0 1031272 114577 KAY HARVEY EXECUTIVE DIRECTOR 40.00 0.00 X 366089 0 44021 JOHN LANDRY-ODELL MAJOR GIFTS/PLAN GIVING DIR 40.00 0.00 X 138096 0 11639 504185 1031272 170237 2 0 1 0 0 1091674 2110766 244174 3202440 938877 938877 66339835 60951627 5388208 5388208 5388208 259953 1091674 711190 -451237 -451237 106469 28314 78155 78155 9156443 0 0 5954003 3010446 3010446 3500 3500 550382 27519 522863 17176 859 16317 31717 1586 30131 36465 1823 34642 11488 11488 14376 14376 21296 21296 3130 3010 120 37494 8150 29344 23575 23575 3407 3407 5061 5061 2000 2000 BANK FEES 229434 229434 PLEDGE WRITE-OFF 95147 95147 PROSPECT RESEARCH 20026 20026 POSTAGE 7713 7713 9223 1472 7751 4133056 3013946 349649 769461 300 300 5376667 1570121 2382272 2030024 0 0 0 0 0 130406 132030 0 5291 35499629 40981961 3845359 3707430 47239924 48421866 141305 133053 1802299 1680780 1943604 1813833 X 24846197 26289322 19203382 19071970 1246741 1246741 45296320 46608033 47239924 48421866 X 5023387 -3566139 -5291 -140244 X 0 1 X 1 0 X 4916081 6220525 4753727 4456915 3202440 23549688 4916081 6220525 4753727 4456915 3202440 23549688 874076 22675612 836214 1227663 1392977 1330710 938877 5726441 304735 382350 -596971 -294637 -373082 -577605 28698524 0.79010 0.76340 X 23906658 0 1636650 0 308942 0 25234366 21777094 0 2490016 0 360452 0 23906658 20297259 0 1841966 0 362131 0 21777094 21966433 0 -1302981 0 366193 0 20297259 20756493 63700 1504343 0 358103 0 21966433 0.71610 0.23450 0.04940 0 0 0 RECEIVABLES UNDER CONTRIBUTION AGREEMENTS - NET 3707430 3707430 DEFERRED PLANNED GIVING ANNUITIES 1680780 1680780 X PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO SUPPORT BETHESDA HEALTH AND AFFILIATES IN THE PROVISION OF QUALITY HEALTHCARE SERVICES TO THE SURROUNDING COMMUNITY. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE THE CURRENT ACCOUNTING STANDARDS REQUIRE THAT DEFERRED INCOME TAXES REFLECT THE TAX CONSEQUENCES ON FUTURE YEARS OF DIFFERENCES BETWEEN THE TAX BASES OF ASSETS AND LIABILITIES AND THEIR BASES FOR FINANCIAL REPORTING PURPOSES. ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. FUTURE TAX BENEFITS, SUCH AS MINIMUM TAX CREDIT CARRY FORWARDS, ARE REQUIRED TO BE RECOGNIZED TO THE EXTENT THAT REALIZATION OF SUCH BENEFITS IS MORE LIKELY THAN NOT. AS OF SEPTEMBER 30, 2018 AND 2017, BHSF HAD NO MATERIAL UNRECOGNIZED TAX POSITIONS WICH ARE EXPECTED TO REMAIN UNCHANGED THROUGH SEPTEMBER 30, 2019. ON DECEMBER 22, 2017, THE UNITED STATES CONGRESS ENACTED THE TAX CUTS AND JOBS ACT ("TAX ACT"). THE TAX ACT MADE SIGNIFICANT MODIFICATIONS TO THE PROVISIONS OF THE INTERNAL REVENUE CODE, INCLUDING BUT NOT LIMITED TO A U.S. CORPORATE TAX RATE DECREASE TO 21% RATE EFFECTIVE JANUARY 1, 2018. BHSF DEFERRED TAX ASSETS AND LIABILITIES WERE REVALUED AT THE NEWLY ENACTED U.S. CORPORATE TAX RATE AND THE CURRENT INCOME TAX PROVISION HAS BEEN RECOGNIZED FOR OUR FOR-PROFIT AND NOT-FOR-PROFIT CORPORATIONS USING A BLENDED TAX RATE FOR FISCAL YEAR ENDING SEPTEMBER 30, 2018. AT SEPTEMBER 30, 2018, BHE HAD A FEDERAL AND STATE NET OPERATING LOSS CARRYFORWARD, ALL OF WHICH IS AVAILABLE TO REDUCE FUTURE INCOME TAXES. BHSF IS PERIODICALLY AUDITED BY FEDERAL AND STATE TAXING AUTHORITIES. THE OUTCOME OF THESE AUDITS MAY RESULT IN BHSF BEING ASSESSED TAXES IN ADDITION TO AMOUNTS PREVIOUSLY PAID. FEDERAL RETURNS FOR FISCAL YEARS 2015 THROUGH 2017 REMAIN OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. BETHESDA BALL 560572 469322 91250 0 43061 137543 15350 110650 WOMEN OF GRACE LUNCHEON 245591 215753 29838 0 23888 82423 5800 70747 3 545464 406599 138865 5000 0 19569 53583 8800 134776 1351627 1091674 259953 5000 86518 273549 29950 316173 711190 -451237 106469 0 28314 0 0 1 1.00000 106469 28314 28314 78155 FL 0 A GAMING LICENSE IS NOT REQUIRED IN FLORIDA. 0 0 0 0.00000 1.00000 DONNA SEYMOUR 2815 S SEACREST BLVD BOYNTON BEACH FL 33435 0 PAULA HENDERSON 663 MANAGES GAMING ACTIVITIES X 0 SCHEDULE G, PART III, LINE 16 - GAMING MANAGER COMPENSATION ONLY 1% OF PAULA HENDERSON'S TIME IS RELATED TO GAMING; THEREFORE ONLY 1% OF HER COMPENSATION IS SHOWN AS GAMING COMPENSATION. 1 BETHESDA HOSPITAL INC 2815 SOUTH SEACREST BLVD BOYNTON BEACH FL 33435 592447554 501(C)(3) 2562724 FMV TO MEET THE HEALTHCARE NEEDS OF THE COMMUNITY. BETHESDA HEALTH COMPREHENSIVE IMAGING SERVICES INC 2815 SOUTH SEACREST BLVD BOYNTON BEACH FL 33435 592771779 501(C)(3) 447722 FMV TO MEET THE HEALTHCARE NEEDS OF THE COMMUNITY. 2 0 PART I, LINE 2: UNRESTRICTED FUNDS INCLUDED IN THE GRANT PAID TO BETHESDA HOSPITAL CAN BE USED FOR ANY PURPOSE NECESSARY TO MEET THE HEALTHCARE NEEDS OF THE COMMUNITY. DONOR-RESTRICTED FUNDS INCLUDED IN THE GRANT PAID TO BETHESDA HOSPITAL MUST BE USED FOR PURPOSES RELATED TO THE DONOR'S RESTRICTIONS. THESE FUNDS ARE NOT TRANSFERRED TO THE HOSPITAL UNTIL EVIDENCE HAS BEEN PRESENTED THAT AMOUNTS HAVE BEEN SPENT BY THE HOSPITAL FOR SUCH PURPOSES. 0 1 0 0 0 0 0 0 0 ROGER L KIRK PRESIDENT 0 747180 0 37665 0 246427 0 98899 0 15678 0 1145849 0 0 KAY HARVEY EXECUTIVE DIRECTOR 204974 0 109427 0 51688 0 37800 0 6221 0 410110 0 0 0 PART I, LINE 3 THE PRESIDENT OF BETHESDA HOSPITAL FOUNDATION, INC. IS COMPENSATED BY BETHESDA HEALTH, INC. BOTH BETHESDA HOSPITAL FOUNDATION, INC. AND BETHESDA HEALTH, INC. ARE CONTROLLED, DIRECTLY OR INDIRECTLY, BY BAPTIST HEALTH SOUTH FLORIDA, INC. ("BHSF"). THE DETERMINATION OF THE COMPENSATION OF THE PRESIDENT FOLLOWS THE SAME PROCESS DELINEATED HEREIN. THE BYLAWS OF BETHESDA HEALTH, INC. DELEGATE THE AUTHORITY TO SET EXECUTIVE COMPENSATION TO BHSF. BHSF'S COMPENSATION COMMITTEE IS COMPRISED EXCLUSIVELY OF INDEPENDENT BOARD MEMBERS WHO SERVE VOLUNTARILY WITHOUT ANY REMUNERATION, AND WHO MUST ADHERE TO A STRINGENT CONFLICT OF INTEREST POLICY THAT PRECLUDES THEM OR THEIR FAMILIES FROM DOING BUSINESS WITH BAPTIST HEALTH. THE COMMITTEE IS RESPONSIBLE FOR REVIEWING THE PERFORMANCE AND APPROVING THE COMPENSATION FOR EXECUTIVES. THE TERM "COMPENSATION" INCLUDES SALARIES, BENEFITS AND INCENTIVES. THE COMPENSATION COMMITTEE ANNUALLY ENGAGES A NATIONALLY-RECOGNIZED, INDEPENDENT CONSULTANT TO CONDUCT COMPENSATION SURVEYS AND TO ADVISE THE BOARD ON COMPENSATION POLICIES. ADDITIONALLY, INCENTIVE COMPENSATION FOR THE PRESIDENT WAS APPROVED BY BETHESDA HEALTH, INC.'S BOARD OF TRUSTEES. PART I, LINE 4B THE ORGANIZATION MAINTAINS A 457(F) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. DURING 2017, THE FOLLOWING PAYMENTS WERE MADE TO THE PLAN: ROGER L. KIRK - $56,899 KAY HARVEY - $3,078 X 1 4500 OPINIONS OF EXPERTS X 23 290310 COST OR SELLING PRICE X GIFTS-IN-KIND (FOR USE AS AUCTION PRIZES AT EVENTS) 24 29699 COST OR SELLING PRIC 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE OFFICERS OF THE FOUNDATION, EXCEPT FOR THE EXECUTIVE DIRECTOR, WITH AT LEAST TWO BUT NO MORE THAN FIVE ADDITIONAL MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE SOLE MEMBER, BETHESDA HEALTH, INC., A FLORIDA NOT-FOR-PROFIT ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A BETHESDA HEALTH, INC. HAS THE AUTHORITY TO APPROVE THE APPOINTMENT, REPLACEMENT OR REMOVAL OF THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B BETHESDA HEALTH, AS THE SOLE MEMBER SHALL HAVE THE ABSOLUTE RIGHT TO TAKE THE FOLLOWING UNILATERAL ACTIONS ON BEHALF OF AND IN THE NAME OF THE FOUNDATION: -ADOPTING A PLAN OF DISSOLUTION OF THE FOUNDATION; -AUTHORIZING THE FOUNDATION TO ENGAGE IN, OR ENTER INTO, ANY TRANSACTION PROVIDING FOR: (I) THE SALE, MORTGAGE, GRANTING A SECURITY INTEREST IN ITS GROSS REVENUES, OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE FOUNDATION; OR (II) THE FOUNDATION TO ENTER INTO A FINANCING PLAN WITH BETHESDA HEALTH AND ONE OR MORE OF ITS OTHER AFFILIATES IN WHICH THE FOUNDATION WOULD BE UNCONDITIONALLY AND IRREVOCABLY LIABLE, JOINTLY AND SEVERALLY, FOR THE PAYMENT OF AN OBLIGATION ENTERED INTO BY BETHESDA HEALTH EITHER BY VIRTUE OF A GUARANTEE OR BECOMING A MEMBER OF AN OBLIGATED GROUP CONSISTING OF BETHESDA HEALTH AND ONE OR MORE OF ITS AFFILIATES; -ADOPTING A PLAN OF REORGANIZATION OR THE MERGER OR CONSOLIDATION OF THE FOUNDATION WITH ANOTHER ENTITY; -APPROVING THE BOARD'S APPOINTMENT OR REMOVAL OF THE ATTORNEYS, ACCOUNTANTS OR AUDITORS OF THE FOUNDATION; -TO APPROVE THE APPOINTMENT, REPLACEMENT OR REMOVAL OF THE DIRECTORS OF THE FOUNDATION; -ADOPTING OR AMENDING THE ARTICLES OF INCORPORATION OF THE BYLAWS OF THE FOUNDATION; -ADOPTING OR PERMITTING ANY CHANGE TO ANY STRATEGIC MASTER PLANS OR POLICIES OF THE FOUNDATION; -AUTHORIZING THE VOLUNTARY FILING OF ANY PETITION IN BANKRUPTCY; AND -ADOPTING ANY ANNUAL OR LONG-TERM CAPITAL OR OPERATIONAL BUDGET OR ANY CHANGES THEREIN. FORM 990, PART VI, SECTION B, LINE 11B 990 REVIEW PROCESS THE MANAGEMENT OF BAPTIST HEALTH SOUTH FLORIDA (BHSF) IS RESPONSIBLE FOR THE ACCURACY AND COMPLETENESS OF THE TAX RETURNS OF BHSF AND ALL OF ITS NONPROFIT, CHARITABLE AFFILIATES. THIS FORM 990 HAS BEEN PREPARED IN CONFORMITY WITH THE INTERNAL REVENUE CODE AND TREASURY REGULATIONS. INDEPENDENT TAX CONSULTANTS AND MEMBERS OF MANAGEMENT HAVE REVIEWED IN DETAIL THE COMPLETED FORM 990. PRIOR TO FILING, THE FORM 990 PREPARATION PROCESS AND THE DOCUMENTS ARE DISCUSSED AT A MEETING OF THE FINANCE & INSURANCE COMMITTEE OF THE BOARD OF TRUSTEES AND MADE AVAILABLE ELECTRONICALLY TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW AND COMMENTARY. ADDITIONALLY THE EXECUTIVE AND COMPENSATION COMMITTEES OF THE BHSF BOARD OF TRUSTEES, COMPOSED OF INDEPENDENT UNCOMPENSATED MEMBERS, REVIEW OTHER PERTINENT AREAS OF THE RETURN. THE PRESIDENT AND CEO AS WELL AS THE EXECUTIVE VICE PRESIDENT AND CFO HEREBY CERTIFY AS TO THE ACCURACY AND COMPLETENESS OF THIS FORM 990. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEE CONFLICT OF INTEREST AN ACTUAL, POTENTIAL OR PERCEIVED CONFLICT OF INTEREST OCCURS IN THOSE CIRCUMSTANCES WHERE AN EMPLOYEE'S JUDGEMENT COULD BE AFFECTED BECAUSE THE EMPLOYEE HAS A PERSONAL INTEREST, OTHER THAN THE RECEIPT OF COMPENSATION FROM BAPTIST HEALTH, IN THE OUTCOME OF A DECISION OVER WHICH THE EMPLOYEE HAS CONTROL OR INFLUENCE. FOR THE PURPOSES OF THIS POLICY, IT IS PRESUMED THAT MANAGERS HAVE CONTROL OR INFLUENCE OVER ANY DECISION AFFECTING A MATTER FOR WHICH A MANAGER HAS RESPONSIBILITY. A PERSONAL INTEREST EXISTS WHEN AN EMPLOYEE OR A MEMBER OF HIS OR HER FAMILY STANDS TO DIRECTLY OR INDIRECTLY OBTAIN FINANCIAL GAIN AS A RESULT OF A DECISION. THIS POLICY IS INTENDED FOR ALL EMPLOYEES TO UNDERSTAND, IDENTIFY, MANAGE AND APPROPRIATELY DISCLOSE THOSE TRANSACTIONS WHICH COULD RESULT IN AN ACTUAL, POTENTIAL OR PERCEIVED CONFLICT OF INTEREST. IN ACCORDANCE WITH OUR CODE OF ETHICS, HIGH ETHICAL STANDARDS MUST BE OBSERVED IN THE NEGOTIATION AND EXECUTION OF ALL BUSINESS ACTIVITIES CONDUCTED AT, BY OR WITH BHSF. ANY DECISIONS MADE BY BHSF EMPLOYEES MUST BE MADE IN COMPLIANCE WITH APPLICABLE LAWS AND REGULATIONS, WITH THE BEST ORGANIZATIONAL INTERESTS OF BHSF AS THE HIGHEST PRIORITY AND WITHOUT REGARD TO THE PERSONAL GAIN OR INTEREST OF ANY OTHER PERSON OR ENTITY. LIKEWISE, THE APPEARANCE OF ANY SUCH IMPROPER INFLUENCE ON ANY DECISIONS SHOULD BE CONSCIOUSLY AVOIDED. EMPLOYEES SHOULD ALSO ADHERE TO POLICY 828 WHICH PROHIBITS VENDOR SPONSORED TRAVEL AND POLICY 829 LIMITING ACCEPTANCE OF PERSONAL HONORARIUMS AND POLICY 831 WHICH PROVIDES LIMITATIONS AND GUIDELINES ON PHILANTHROPIC SOLICITATION OF VENDORS. A POTENTIAL OR PERCEIVED CONFLICT OR INTEREST MAY EXIST IRRESPECTIVE OF THE INTENT OF THE EMPLOYEE. BOARD CONFLICT OF INTEREST BAPTIST HEALTH AND ITS AFFILIATES HAVE A STRONG AND ROBUST CONFLICT OF INTEREST POLICY. THE POLICY IS MEANT TO ENSURE THAT EACH VOTING MEMBER OF THE RESPECTIVE ENTITY'S BOARD GOVERNS THE AFFAIRS OF BAPTIST HEALTH AND ITS AFFILIATES WITH HONESTY AND INTEGRITY AND MAKES DECISIONS FOR THE BENEFIT OF BAPTIST HEALTH. VOTING BOARD MEMBERS MAY NOT BE EMPLOYED BY BAPTIST HEALTH NOR ENGAGED TO PROVIDE SERVICES TO BAPTIST HEALTH IN EXCHANGE FOR CASH COMPENSATION. CONFLICT FREE DECISION MAKING EXTENDS BEYOND THE BOARD MEMBERS TO INCLUDE TRANSACTIONS THAT MIGHT BENEFIT (I) THE PRIVATE INTEREST OF A MEMBER OR HIS OR HER FAMILY (II) AN ORGANIZATION CONTROLLED BY A MEMBER OF HIS OR HER FAMILY (III) AN ORGANIZATION IN WHICH A MEMBER OR HIS OR HER FAMILY HAS A MATERIAL INTEREST. SINCE THE APPEARANCE OF A CONFLICT OF INTEREST MAY BE AS DAMAGING TO BAPTIST HEALTH'S REPUTATION AS ACTUALLY PERMITTING A CONFLICT TO EXIST, EACH BOARD MEMBER HAS A CONTINUING OBLIGATION TO DISCLOSE ANY POTENTIAL CONFLICTS. THIS CONTINUING OBLIGATION IS SUPPLEMENTED BY AN ANNUAL CERTIFICATION THAT THE BOARD MEMBER IS FREE FROM ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE ANNUAL CERTIFICATION IS REVIEWED BY THE VICE PRESIDENT OF COMPLIANCE WHO REPORTS DIRECTLY TO THE BOARD. POTENTIAL CONFLICTS ARE FURTHER REVIEWED BY THE BOARD'S ETHICS COMMITTEE. IF A CONFLICT DOES EXIST, THE CONFLICTED BOARD MEMBER MAY BE REQUIRED TO (I) RESIGN FROM THE BOARD OR (II) ELIMINATE THE RELATIONSHIP WHICH GIVES RISE TO THE CONFLICT. CONFLICT OF INTEREST POLICY COMPLIANCE ONE OF BAPTIST HEALTH SOUTH FLORIDA'S GREATEST ASSETS IS THE INTEGRITY OF ITS VOLUNTEER BOARD MEMBERS. ONE WAY TO ASSURE INTEGRITY IS THEIR COMMITMENT TO A STRINGENT CONFLICT OF INTEREST POLICY FOR THEIR GOVERNING BOARDS AND MANAGEMENT. AS A PART OF A ROBUST CONFLICT OF INTEREST POLICY, BOARD MEMBERS MUST ANNUALLY COMPLETE A CONFLICT OF INTEREST DECLARATION FORM. THE AUDIT AND COMPLIANCE DEPARTMENT MONITOR TO ENSURE ALL VOTING MEMBERS SUBMIT THE DECLARATION FORM AND PERFORM NECESSARY RESEARCH TO UNDERSTAND IF A POTENTIAL CONFLICT EXISTS. ALL DISCLOSURES AND THE RELATED RESEARCH ARE SUMMARIZED FOR THE ETHICS COMMITTEE OF THE BAPTIST HEALTH BOARD OF TRUSTEES. ANY DISCLOSURES THAT MAY RESULT IN THE APPEARANCE OF A CONFLICT ARE ADDRESSED BY THE COMMITTEE FOR ITS CONSIDERATION AND RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 THE SOUTH FLORIDA MARKET FOR HIGHLY COMPETENT HEALTHCARE EXECUTIVES REFLECTS A VERY COMPETITIVE ENVIRONMENT FOR QUALIFIED EXECUTIVES. IT IS COMPRISED OF LARGE, NATIONAL, FOR PROFIT CHAINS AND NOT-FOR-PROFIT HOSPITAL SYSTEMS AND STAND-ALONE HOSPITALS. THE BOARD OF TRUSTEES OF BAPTIST HEALTH SOUTH FLORIDA ("BAPTIST HEALTH") SEEKS EXECUTIVES OF VISION AND LEADERSHIP TO CARRY OUT THE ORGANIZATION'S FAITH-BASED MISSION OF QUALITY CARE AND COMMUNITY SERVICE. THE BOARD EXPECTS THESE EXECUTIVES TO PROVIDE LEADERSHIP THAT WILL PLACE BAPTIST HEALTH AMONG THE BEST HEALTHCARE SYSTEMS IN THE NATION FOR QUALITY AND EXCELLENCE. THE BOARD EXPECTS EXECUTIVES TO DEMONSTRATE INTEGRITY AND LOYALTY IN THE PERFORMANCE OF THEIR DUTIES AND TO ADHERE TO BAPTIST HEALTH'S CONFLICT OF INTEREST POLICY, EXECUTIVE CODE OF CONDUCT AND ALL COMPLIANCE/ETHICS POLICIES. EXECUTIVE COMPENSATION IS CONSIDERED THE FOUNDATION TO ATTRACT AND RETAIN EXECUTIVES WITH THE TALENT, EXPERIENCE AND CHARACTER TO MEET THESE EXPECTATIONS. THE PRESIDENT OF BETHESDA HOSPITAL FOUNDATION, INC. IS COMPENSATED BY BETHESDA HEALTH, INC., A RELATED ORGANIZATION. THE DETERMINATION OF THE COMPENSATION OF THE PRESIDENT FOLLOWS THE SAME PROCESS DELINEATED HEREIN. THE BYLAWS OF BETHESDA HEALTH, INC. DELEGATE THE AUTHORITY TO SET EXECUTIVE COMPENSATION TO BHSF. BHSF'S COMPENSATION COMMITTEE IS COMPRISED EXCLUSIVELY OF INDEPENDENT BOARD MEMBERS WHO SERVE VOLUNTARILY WITHOUT ANY REMUNERATION, AND WHO MUST ADHERE TO A STRINGENT CONFLICT OF INTEREST POLICY THAT PRECLUDES THEM OR THEIR FAMILIES FROM DOING BUSINESS WITH BAPTIST HEALTH. THE COMMITTEE IS RESPONSIBLE FOR REVIEWING THE PERFORMANCE AND APPROVING THE COMPENSATION FOR EXECUTIVES. ADDITIONALLY, INCENTIVE COMPENSATION FOR THE PRESIDENT WAS APPROVED BY BETHESDA HEALTH, INC.'S BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE TO THE PUBLIC DOCUMENTS THAT ARE REQUIRED TO BE OPEN FOR PUBLIC INSPECTION ARE MADE AVAILABLE UPON REQUEST. IN ADDITION BOTH THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON THIRD PARTY WEBSITES. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON WWW.BAPTISTHEALTH.NET. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPL -140,244. BETHESDA HEALTH INC 2815 S SEACREST BLVD BOYNTON BEACH FL 33435 592447553 SUPPORT ORGANIZATION FL 501(C)(3) 12C BHSF 0 BETHESDA HOSPITAL INC 2815 S SEACREST BLVD BOYNTON BEACH FL 33435 592447554 HOSPITAL FL 501(C)(3) 3 BHI 0 BETHESDA HEALTH COMPREHENSIVE IMAGING SERVICES INC 2815 S SEACREST BLVD BOYNTON BEACH FL 33435 592771779 OUTPATIENT MEDICAL SERVICES FL 501(C)(3) 9 BHI 0 BETHESDA PAYROLL SERVICES INC 2815 S SEACREST BLVD BOYNTON BEACH FL 33435 650523164 PAYROLL SUPPORT FL 501(C)(3) 12C BHI 0 BETHESDA MEMORIAL SIT-WORKMANS COMP 2815 S SEACREST BLVD BOYNTON BEACH FL 33435 596775830 SELF INSURANCE TRUST FL 501(C)(3) 12A BHI 0 BETHESDA HEALTH OUTPATIENT SERVICES INC 2815 S SEACREAST BLVD BOYNTON BEACH FL 33435 650561263 OUTPATIENT MEDICAL SERVICES FL 501(C)(3) 10 BHI 0 BETHESDA MEMORIAL SIT-MALPRACTICE 2815 S SEACREST BLVD BOYNTON BEACH FL 33435 592230109 SELF INSURANCE TRUST FL 501(C)(3) 12A BHI 0 BAPTIST HEALTH SOUTH FLORIDA 6855 RED ROAD STE 600 CORAL GABLES FL 33143 650267668 SUPPORT FL 501(C)(3) 12C N/A 0 BAPTIST HOSPITAL OF MIAMI 8900 N KENDALL DRIVE MIAMI FL 33176 590910342 HOSPITAL FL 501(C)(3) 3 BHSF 0 BHSF REAL ESTATE FOUNDATION 6855 RED ROAD STE 600 CORAL GABLES FL 33143 650611015 SUPPORT FL 501(C)(3) 12A BHSF 0 HOMESTEAD HOSPITAL 975 BAPTIST WAY HOMESTEAD FL 33033 650232993 HOSPITAL FL 501(C)(3) 3 BHSF 0 SOUTH MIAMI HOSPITAL 6200 SW 73 STREET MIAMI FL 33143 590872594 HOSPITAL FL 501(C)(3) 3 BHSF 0 MARINERS HOSPITAL 91500 OVERSEAS HIGHWAY TAVERNIER FL 33070 591987355 HOSPITAL FL 501(C)(3) 3 BHSF 0 WEST KENDALL BAPTIST HOSPITAL 9555 SW 162 AVENUE MIAMI FL 33196 522438452 HOSPITAL FL 501(C)(3) 3 BHSF 0 BAPTIST HEALTH SOUTH FLORIDA FOUNDATION 6855 RED ROAD STE 600 CORAL GABLES FL 33143 591923401 FUNDRAISING FL 501(C)(3) 7 BHSF 0 BAPTIST OUTPATIENT SERVICES 6855 RED ROAD STE 600 CORAL GABLES FL 33143 562290370 MED. DIAG. 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