2011-11-15T14:23:36-06:00 2011-06-30 BDO USA LLP 7101 WISCONSIN AVE SUITE 800 BETHESDA MD 208144827 990 2010-07-01 580705892 PHYSICIANS PRACTICE GROUP PHYS 7067241600 1499 WALTON WAY NO 1400 AUGUSTA GA 309012650 FRANKLIN SMITH 7067241600 2011-11-18 1 MICHAEL SORRELLS CPA 3016544900 2010 2016-03-07 17:11:31Z GA HEALTH SCIENCES MEDICAL ASSOC FRANKLIN SMITH 1499 WALTON WAY NO 1400 AUGUSTA GA 309012650 133622197 0 X N/A X 1958 GA COLLECTION OF PATIENT CARE FEES ALLOWS THE ORGANIZATION TO CONDUCT ITS PROGRAMS IN SUPPORT OF THE RESEARCH, CLINICAL AND EDUCATIONAL MISSIONS OF THE GEORGIA HEALTH SCIENCES UNIVERSITY (GHSU). IN THE FISCAL YEAR ENDING JUNE 30, 2011, 38.4% OF THE MEDICAL CARE PROVIDED BY THE ORGANIZATION'S MEMBERS AND EMPLOYED PHYSICIANS WAS TO UNINSURED AND UNDERINSURED CITIZENS OF GEORGIA AND SOUTH CAROLINA. EXPANSION EFFORTS HAVE BROUGHT THE SERVICES OF GHSU TO SURRONDING COMMUNITIES, WHICH INCREASED PATIENT REFERRALS TO THE TEACHING PROGRAMS OF GHSU. 27 0 770 0 0 0 0 0 104160275 100377352 3927176 3471378 60366 61651 108147817 103910381 1322826 1290069 9467332 8314677 64208065 81592003 0 0 0 19648666 20500875 94646889 111697624 13500928 -7787243 122960679 125045374 36149497 39987218 86811182 85058156 X THE OBJECTS AND PURPOSES OF THIS ASSOCIATION ARE, EITHER DIRECTLY OR THROUGH SUBSIDIARIES OR PARTNERSHIPS, TO ADMINISTER THE PRACTICE OF MEDICINE TO MANAGE AMBULATORY CARE SERVICES AND OTHER CLINICAL SERVICES, AND TO ACQUIRE AND ADMINISTER FUNDS AND PROPERTY WHICH, AFTER THE PAYMENT OF NECESSARY EXPENSES, SHALL BE DEVOTED EXCLUSIVELY TO THE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL MISSIONS OF GHSU. 0 0 106476603 1290069 100377352 THROUGH THE EFFORTS OF THE ORGANIZATION, HIGHLY SPECIALIZED TERTIARY AND QUATERNARY MEDICAL PROVIDERS HAVE BEEN RECRUITED AND RETAINED TO PROVIDE CARE TO THOUSANDS OF INSURED AND UNINSURED GEORGIA AND SOUTH CAROLINA CITIZENS. EXPANSION TO COMMUNITY PRACTICE SITES HAS PROVIDED THE ORGANIZATION'S MEMBERS AND EMPLOYED PHYSICIANS WITH ADDITIONAL VENUES TO CARE FOR PATIENTS AND GENERATE NEW REFERRALS TO THE SUB SPECIALTY EDUCATIONAL AND CLINICAL PROGRAMS OF GEORGIA HEALTH SCIENCES UNIVERSITY (GHSU). ORGANIZATIONAL FUNDS HAVE BEEN USED TO FUEL THE RESEARCH ENTERPRISE OF GHSU, PRIMARILY THROUGH THE RECRUITMENT OF AND FUNDING FOR SENIOR CLINICAL INVESTIGATORS AND PHYSICIAN SCIENTISTS. ACCUMULATED FUNDS OF THE ORGANIZATION ARE USED BY THE DEAN OF THE MEDICAL COLLEGE OF GEORGIA, AND ITS CLINICAL SCIENCE DEPARTMENTS, TO SUPPLEMENT FUNDING FOR EDUCATIONAL PROGRAMS OF THE SCHOOL. 106476603 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 489 0 1 770 1 0 0 0 0 0 0 0 0 0 0 X 27 0 1 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 1 0 GA X PATRICIA BROWNLOW CPA 7068286413 1499 WALTON WAY NO 1400 AUGUSTA GA 309012650 PETER BUCKLEY MD 2.30 X X 9723 399555 34333 STILANOS KOUNTAKIS MC 4.30 X X 10192 379340 40780 DAVID BOGORAD MD 3.00 X X 9099 331377 37317 JACK YU MD 2.80 X X 10192 349473 61660 CARGILL ALLEYN E MD 1.00 X 5958 568036 39167 RICARDO AZZIZ MD 1.30 X 4986 328436 32048 NORMAN CHUTKAN MD 1.30 X 9723 621547 36958 C ALVIN HEAD MD 1.00 X 10193 452029 38073 JENNIFER HERBERT MD 0.80 X 5454 143337 30427 DAVID HESS MD 0.50 X 15907 406894 52298 JOSEPH HOBBS MD 1.00 X 28805 355434 55961 CHARLES HOWELL MD 0.50 X 12452 381669 49833 MONTE HUNTER MD 1.30 X 9927 361022 33161 MICHAEL MACFEE MD 0.50 X 5452 275646 35977 MICHAEL MADAIO MD 0.50 X 4655 448800 37275 BERNARD MARIA MD 1.00 X 9562 473825 35240 ANTHONY MULLOY DO 1.30 X 5687 302140 51823 JANET MUNROE MD 0.80 X 10117 292746 39629 CHERYL N EWMAN MD 1.00 X 9403 131340 39141 JULIAN NUSSBAUM MD 0.80 X 11315 570480 38899 JAMES RAWSON MD 1.30 X 6104 441303 45890 RICHARD SCHWARTZ MD 1.00 X 9723 328670 36990 STEWART SHEVITZ MD 1.00 X 9643 205287 32512 AMYN ROJIANI MD 0.50 X 5559 267834 35677 DAVID TERRIS MD 1.00 X 6052 467981 43549 MARTHA TERRIS MD 0.50 X 1312 84158 14847 JOHN VENDER MD 1.50 X 9781 265124 33981 DAVIO HEFNER 1.80 X 0 0 0 SANDRA MCVICKER 1.00 X 0 579719 21789 JANET NESBITT 40.00 X 203552 0 35044 MICHAEL HERBERT 40.00 X 0 338286 29818 FRANKLIN SMITH 40.00 X 213048 0 53869 PATRICIA BROWNLOW 40.00 X 198234 0 58744 FARRUK AWAN MD 40.00 X 174518 0 33223 ZEESHAN PERVEZE MD 40.00 X 228080 0 45305 MICHAEL ROBERTS MD 40.00 X 180008 0 40064 MICHAEL SUMNER MD 40.00 X 216252 0 28568 JAMES TIPPETT MD 40.00 X 229180 0 43429 EUGENE BETTS 0.50 X 9934 342089 40841 JATINDER BHATIA 0.30 X 11204 300238 50656 RALPH CARUANA MD 0.00 X 13481 0 6721 ADELINA EMMI MD 0.80 X 10044 217088 31278 DAVID FLANNERYMD 0.30 X 8945 195727 32368 WILLIAM KANTO MD 0.30 X 10839 432178 48143 DAVID LIND MD 0.30 X 8887 354836 59121 BRUCE MACFAYDEN MD 0.00 X 13288 456537 33689 SAMUEL MACOMSON MD 0.00 X 8699 313271 27661 CARL MENCKOFF MD 0.00 X 141 0 0 DOUGLAS MILLER MD 0.00 X 11365 566307 69359 WALTER MOORE MD 0.30 X 10940 271084 33379 LAURA MULLOY MD 0.00 X 3445 300903 29575 ANA MURPHY MD 0.00 X 7125 519969 37062 NED PRUITT MD 0.50 X 7192 200173 38801 DANIEL RAHN MD 0.00 X 852 0 0 JAMES SINEX MD 0.00 X 8460 215768 31880 DON SNELL 0.00 X 0 730514 7921 JOHN STEELE MD 0.00 X 12715 430231 45297 JAMES WYNN MD 0.30 X 14748 365228 46013 MELODY THOMPSON 0.00 X 0 0 0 2061159 16763629 2123064 28 1 1 0 DANIEL & YEAGER INC PO BOX 415000 MSC 52544 NASHVILLE TN 372415000 CONTRACTED CLINICAL CARE 2318448 PROFESSIONAL SOLUTIONS STAT LLC 10167 CORPORATE SQUARE DRIVE ST LOUIS MO 63132 OUTSOURCED BILLING 501449 GE HEALTHCARE IITS US CORP PO BOX 277475 ATLANTA GA 303847475 SOFTWARE SUPPORT 300779 RADIATION ONCOLOGY ASSOCIATES 1125 TROUPE STREET AUGUSTA GA 30904 CONTRACTED CLINICAL CARE 281543 WEATHERBY LOCUMS INC 6451 N FEDERAL HIGHWAY STE 800 FT LAUDERDALE FL 33308 CONTRACTED CLINICAL CARE 270741 5 PATIENT RECEIPTS 900099 95025130 95025130 MEDICAL ADMIN SERVICES 900099 5323473 5323473 SALE OF ASSETS 900099 28749 28749 100377352 3474345 3474345 79991 3990 76001 76001 76001 29704859 29707826 -2967 -2967 -2967 K-1: REPRO. LAB LLC 900099 -14350 -14350 -14350 103910381 100363002 0 3547379 1290069 1290069 8314677 8314677 7993083 7593429 399654 68727193 65290833 3436360 890707 846172 44535 2771040 2632488 138552 1209980 1149481 60499 230456 218933 11523 94611 89880 4731 140446 17047 123399 5828294 5536879 291415 263623 250442 13181 2265509 2152234 113275 1019009 968059 50950 1193931 1134234 59697 3107100 2951745 155355 269657 256174 13483 1344046 1276844 67202 785100 745845 39255 115873 110079 5794 EARLY RETIREMENT FUNDIN 1193232 1133570 59662 NON-PERSONNEL EXPENSES 1150188 1092679 57509 SOCIETY DUES & MEMBERSH 616852 586009 30843 MOVING EXPENSE 388245 368833 19412 OFFSITE PRACTICE SITE U 241753 229665 12088 252950 240303 12647 111697624 106476603 5221021 0 8077047 8031464 22749160 14067589 34214 47749 17468405 7528732 10127040 9939673 51732323 60559179 26228523 25833823 4012372 6565897 122960679 125045374 1734635 1948285 30595385 29859827 3819477 8179106 36149497 39987218 X 86811182 85058156 86811182 85058156 122960679 125045374 X -7787243 6034217 X X 0 1 1 X 0 X X X 0 0 0 GHSU 586002053 02 1 1 1 64283069 1 64283069 4034658 4034658 2095688 371885 1723803 1448229 426761 1021468 8019966 6730086 1289880 1869864 1869864 9939673 INV. IN DIRECT FINANCING LEASE 25833823 F 25833823 ACCRUED INTEREST RECEIVABLE 133264 DUE FROM MCG 13241 DUE FROM MCGHI 2225166 UPPER PAYMENT LIMIT RECEIVABLE 2624316 ASSETS LIMITED AS TO USE 400261 DEFERRED FINANCING COSTS 1169649 6565897 FACULTY SPONSORED SCHOLARSHIPS 290041 DEFERRED COMPENSATION 400261 DUE TO MCG 6271636 INCENTIVE COMP. PAYABLE 1161964 DUE TO MCG HEALTH, INC 55204 8179106 103910381 111697624 -7787243 6019867 14350 6034217 -1753026 109826087 6019867 6019867 103806220 122501 -18340 104161 103910381 111579113 3990 3990 111575123 122501 122501 111697624 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: PPG IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PPG ANALYZED ITS TAX POSITIONS FOR THE YEARS ENDED JUNE 30, 2011 AND 2010 AND DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON PPG'S CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 8 - OTHER ADJUSTMENTS: LOSS FROM MCGH/PPG REPRODUCTIVE LAB, LLC 14,350. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS FROM MCGH/PPG REPRODUCTIVE LAB, LLC -14,350. RENTAL EXPENSES -3,990. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 3,990. 1 MEDICAL COLLEGE OF GEORGIA 1120 15TH STREET AUGUSTA GA 30912 586002053 501(C)(3) 1114069 MEDICAL SCHOOL SCHOLARSHIP FOR MD/PHD PROGRAM SUPPORT MEDICAL COLLEGE OF GEORGIA 1120 15TH STREET AUGUSTA GA 30912 586002053 501(C)(3) 176000 FACULTY SPONSORED MEDICAL SCHOOL SCHOLARSHIPS 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIP GRANTS ARE ADMINISTERED BY THE DONEE ORGANIZATIONS WHICH ADMINISTER SELECTION CRITERIA AND MAINTAIN RECORDS ON THE AWARDS. X X X X 0 0 0 0 0 0 0 0 0 PETER BUCKLEY MD 9723 399555 0 0 0 0 0 0 2477 31856 12200 431411 0 0 STILANOS KOUNTAKIS MC 10192 360652 0 18688 0 0 0 0 8924 31856 19116 411196 0 0 DAVID BOGORAD MD 9099 327282 0 4095 0 0 0 0 7499 29818 16598 361195 0 0 JACK YU MD 10192 349473 0 0 0 0 0 0 20647 41013 30839 390486 0 0 CARGILL ALLEYN E MD 5958 568036 0 0 0 0 0 0 4042 35125 10000 603161 0 0 RICARDO AZZIZ MD 4986 328436 0 0 0 0 0 0 4801 27247 9787 355683 0 0 NORMAN CHUTKAN MD 9723 522871 0 98676 0 0 0 0 5102 31856 14825 653403 0 0 C ALVIN HEAD MD 10193 452029 0 0 0 0 0 0 3735 34338 13928 486367 0 0 JENNIFER HERBERT MD 5454 134625 0 8712 0 0 0 0 7086 23341 12540 166678 0 0 DAVID HESS MD 15907 406894 0 0 0 0 0 0 20442 31856 36349 438750 0 0 JOSEPH HOBBS MD 28805 355434 0 0 0 0 0 0 10640 45321 39445 400755 0 0 CHARLES HOWELL MD 12452 361690 0 19979 0 0 0 0 3634 46199 16086 427868 0 0 MONTE HUNTER MD 9927 361022 0 0 0 0 0 0 3343 29818 13270 390840 0 0 MICHAEL MACFEE MD 5452 275646 0 0 0 0 0 0 4255 31722 9707 307368 0 0 MICHAEL MADAIO MD 4655 448800 0 0 0 0 0 0 7457 29818 12112 478618 0 0 BERNARD MARIA MD 9562 473825 0 0 0 0 0 0 3384 31856 12946 505681 0 0 ANTHONY MULLOY DO 5687 297445 0 4695 0 0 0 0 12756 39067 18443 341207 0 0 JANET MUNROE MD 10117 292746 0 0 0 0 0 0 1211 38418 11328 331164 0 0 CHERYL N EWMAN MD 9403 131340 0 0 0 0 0 0 17241 21900 26644 153240 0 0 JULIAN NUSSBAUM MD 11315 512361 0 58119 0 0 0 0 7043 31856 18358 602336 0 0 JAMES RAWSON MD 6104 441303 0 0 0 0 0 0 4877 41013 10981 482316 0 0 RICHARD SCHWARTZ MD 9723 328670 0 0 0 0 0 0 5134 31856 14857 360526 0 0 STEWART SHEVITZ MD 9643 205287 0 0 0 0 0 0 5781 26731 15424 232018 0 0 AMYN ROJIANI MD 5559 267834 0 0 0 0 0 0 7144 28533 12703 296367 0 0 DAVID TERRIS MD 6052 463666 0 4315 0 0 0 0 11693 31856 17745 499837 0 0 JOHN VENDER MD 9781 265124 0 0 0 0 0 0 158 33823 9939 298947 0 0 SANDRA MCVICKER 0 579719 0 0 0 0 0 0 0 21789 0 601508 0 0 JANET NESBITT 203552 0 0 0 0 0 0 0 35044 0 238596 0 0 0 MICHAEL HERBERT 0 338286 0 0 0 0 0 0 0 29818 0 368104 0 0 FRANKLIN SMITH 213048 0 0 0 0 0 0 0 53869 0 266917 0 0 0 PATRICIA BROWNLOW 198234 0 0 0 0 0 0 0 58744 0 256978 0 0 0 FARRUK AWAN MD 174518 0 0 0 0 0 0 0 33223 0 207741 0 0 0 ZEESHAN PERVEZE MD 228080 0 0 0 0 0 0 0 45305 0 273385 0 0 0 MICHAEL ROBERTS MD 180008 0 0 0 0 0 0 0 40064 0 220072 0 0 0 MICHAEL SUMNER MD 216252 0 0 0 0 0 0 0 28568 0 244820 0 0 0 JAMES TIPPETT MD 229180 0 0 0 0 0 0 0 43429 0 272609 0 0 0 EUGENE BETTS 9934 342089 0 0 0 0 0 0 8985 31856 18919 373945 0 0 JATINDER BHATIA 11204 300238 0 0 0 0 0 0 12754 37902 23958 338140 0 0 RALPH CARUANA MD 13481 0 0 0 0 0 0 0 6721 0 20202 0 0 0 ADELINA EMMI MD 10044 217088 0 0 0 0 0 0 4086 27192 14130 244280 0 0 DAVID FLANNERYMD 8945 195727 0 0 0 0 0 0 5350 27018 14295 222745 0 0 WILLIAM KANTO MD 10839 432178 0 0 0 0 0 0 2705 45438 13544 477616 0 0 DAVID LIND MD 8887 347000 0 7836 0 0 0 0 23996 35125 32883 389961 0 0 BRUCE MACFAYDEN MD 13288 456537 0 0 0 0 0 0 3871 29818 17159 486355 0 0 SAMUEL MACOMSON MD 8699 313271 0 0 0 0 0 0 619 27042 9318 340313 0 0 DOUGLAS MILLER MD 11365 566307 0 0 0 0 0 0 34234 35125 45599 601432 0 0 WALTER MOORE MD 10940 204922 0 66162 0 0 0 0 912 32467 11852 303551 0 0 LAURA MULLOY MD 3445 261908 0 38995 0 0 0 0 3510 26065 6955 326968 0 0 ANA MURPHY MD 7125 519969 0 0 0 0 0 0 5206 31856 12331 551825 0 0 NED PRUITT MD 7192 200173 0 0 0 0 0 0 10780 28021 17972 228194 0 0 JAMES SINEX MD 8460 215768 0 0 0 0 0 0 2353 29527 10813 245295 0 0 DON SNELL 0 730514 0 0 0 0 0 0 0 7921 0 738435 0 0 JOHN STEELE MD 12715 315231 0 115000 0 0 0 0 4065 41232 16780 471463 0 0 JAMES WYNN MD 14748 365228 0 0 0 0 0 0 10923 35090 25671 400318 0 0 DEVELOPMENT AUTHORITY OF RICHMOND COUNTY 521309430 764586AU7 2004-11-18 33064397 CONSTRUCTION OF CANCER RESEARCH CENTER BUILDING 0 0 0 725000 29859827 1045693 1925756 808325 361324 26026210 2006 0 0 1 1 1 0 0 0 0 0.00000 0.00000 0.00000 1 1 0 0 1 FEDERAL HOME LOAN MTG CORP 0.500000000000 1 0 1 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL MANAGE THE BUSINESS AND AFFAIRS OF THE FOUNDATION AND SHALL EXERCISE ALL POWERS OF THE BOARD OF TRUSTEES DURING THE INTERVALS BETWEEN BOARD MEETINGS. FORM 990, PART VI, SECTION A, LINE 2 ANTHONY MULLOY, DO, PHD (BOT MEMBER) AND LAURA MULLOY, MD (FORMER BOT MEMBER) - FAMILY RELATIONSHIP DAVID TERRIS, MD (BOT MEMBER) AND MARTHA TERRIS (BOT MEMBER) - FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED TO ALLOW PPG TO ENTER INTO A JOINT OPERATING AGREEMENT WITH A NEWLY FORMED ENTITY, MCG HEALTH SYSTEM, INC. THE BYLAWS WERE ALSO REVISED TO REDEFINE THE ROLES OF THE CHIEF EXECUTIVE OFFICER AND THE CHIEF OPERATING OFFICER. FORM 990, PART VI, SECTION A, LINE 6 PPG IS A MEMBERSHIP ORGANIZATION. MEMBERSHIP IN THE FOUNDATION IS OPEN TO ANY NATURAL PERSON WHO IS EMPLOYED BY THE BOARD OF REGENTS AS A FACULTY MEMBER OF GHSU MEDICAL COLLEGE OR IS EMPLOYED BY THE CHARLIE NORWOOD VETERANS ADMINISTRATION MEDICAL CENTER, AND WHO HOLDS AT LEAST A 0.5 FULL-TIME EQUIVALENT TENURE-TRACK OR NON-TENURE-TRACK FACULTY APPOINTMENT IN THE GHSU MEDICAL COLLEGE, AND WHO IS LICENSED TO PRACTICE MEDICINE IN THE STATE OF GEORGIA, AND WHO HAS NO OTHER MEDICAL PRACTICE. ANY SUCH PERSON SHALL BE CONSIDERED AN ACTIVE MEMBER IN GOOD STANDING AND MAY EXERCISE VOTING RIGHTS IN THE FOUNDATION. ANY PERSON MEETING THESE CONDITIONS SHALL AUTOMATICALLY BECOME A MEMBER WITHOUT THE NECESSITY OF FILING AN APPLICATION. FORM 990, PART VI, SECTION A, LINE 7A ASSOCIATION MEMBERS ELECT THE FOLLOWING GOVERNING BODY MEMBERS: CHAIR OF THE FOUNDATION, CHAIR-ELECT OF THE FOUNDATION, SECRETARY-TREASURER, AND SIX (6) GENERAL MEMBERSHIP BOARD TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B ITEMS REQUIRING APPROVAL MY MEMBERS INCLUDE ITEMS THAT: (A) DETERMINE THAT THE REIMBURSEMENT OF THE JUDGMENT AND EXPENSES OF LITIGATION OF A CURRENT OR FORMER TRUSTEE IS APPROPRIATE; (B) APPROVE A TRANSACTION WHERE A TRUSTEE HAS AN INTEREST CONFLICTING WITH THE FOUNDATION; (C) AMEND THE ARTICLES OF ASSOCIATION; (D) AMEND THE BYLAWS, EXCEPT AS LIMITED IN THESE BYLAWS; (E) MERGE THE FOUNDATION WITH ANOTHER ENTITY; (F) SELL ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE FOUNDATION IN OTHER THAN THE USUAL COURSE OF BUSINESS; (G) DISSOLVE AND TERMINATE THE FOUNDATION; (H) TAKE AN ACTION THAT A MEMBER INTENDS TO PRESENT AT A MEMBERSHIP MEETING, WHEN THAT MEMBER HAS REQUESTED THAT NOTICE BE GIVEN TO THE MEMBERSHIP IN THE NOTICE OF MEETING BY THE TRANSMISSION OF A DOCUMENT BY ANY REASONABLE MEANS TO THE CHAIR OF THE FOUNDATION OR SECRETARY-TREASURER AT LEAST TEN DAYS PRIOR TO THE DISPATCH OF THE PRIOR NOTICE OF MEETING; AND (I) REMOVE A TRUSTEE FROM OFFICE WHEN REQUIRED BY THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED FIRST BY MANAGEMENT, THEN BY THE WAYS AND MEANS COMMITTEE, A COMMITTEE OF THE BOARD CHARGED IN THE BYLAWS TO OVERSEE THE FINANCIAL OPERATIONS OF THE FOUNDATION. THE WAYS AND MEANS COMMITTEE MAKES A REPORT CONCERNING ITS REVIEW TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE COMPLETED BY ALL TDOKE AND OTHER MEMEBRS OF MANAGEMENT OR INDIVIDUALS WITH SIGNATURE AUTHORITY TO EXPEND FUNDS OF PPG. THE FORMS ARE REVIEWED FOR CONFLICTS, AND IF CONFLICTS EXIST, PROCESSES ARE PUT IN PLACE TO ENSURE THE INDIVIDUAL WITH THE CONFLICT IS NOT ALLOWED TO MAKE DECISIONS ON BEHALF OF THE ORGANIZATION WHEN THE CONFLICT IS INVOLVED. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S SALARY IS SET ANNUALLY IN AN "EXECUTIVE SESSION" OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. INDEPENDENT COMPARABLE SALARY DATA IS PRESENTED TO THE EXECUTIVE COMMITTEE. NO OFFICIAL MINUTES ARE RECORDED DURING AN EXECUTIVE SESSION, HOWEVER THE CHAIR OF THE FOUNDATION RECORDS THE DELIBERATIONS AND DECISIONS IN A MEMORANDUM WHICH IS PLACED IN THE CEO'S PERSONNEL FILE. THE PPG COMPENSATION COMPLIANCE COMMITTEE, A STANDING COMMITTEE OF THE BOARD OF TRUSTEES, MEETS AT LEAST ANNUALLY TO REVIEW AND IF NECESSARY ADJUST THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES USING EXTERNAL SALARY SURVEY DATA AS A GUIDE. ALL MEETING DISCUSSIONS AND DECISIONS ARE DOCUMENTED IN MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 6,019,867. LOSS FROM MCGH/PPG REPRODUCTIVE LAB, LLC 14,350. TOTAL TO FORM 990, PART XI, LINE 5: 6,034,217. DESCRIPTION OF ACCOUNTING METHOD PART XII, LINE 2A THE ORGANIZATION USES A MODIFIED CASH ACCOUNTING METHOD. OVERSIGHT OF AUDIT FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES DURING THE YEAR IN THE PROCESS FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. PPG ALTERNATIVE COLLECTIONS LLC 1499 WALTON WAY AUGUSTA GA 30901 550789220 BILLING & COLLECTION GA 0 44238 N/A PPG PROPERTIES LLC 1499 WALTON WAY AUGUSTA GA 30901 580705892 REAL ESTATE PROPERTY MGMT GA 390732 9156709 N/A GEORGIA ESOTERIC & MOLECULAR LAB LLC 1499 WALTON WAY AUGUSTA GA 30901 900184186 SPECIALIZED PATHOLOGY LABORATORY GA 382945 244250 N/A MCG - PPG CANCER RESEARCH CENTER LLC 1499 WALTON WAY AUGUSTA GA 30901 580705892 CANCER RESEARCH GA 1902665 30016166 N/A GEORGIA HEALTH SCIENCES UNIVERSITY 1120 15TH STREET AUGUSTA GA 30912 586002053 EDUCATION & RESEARCH SPECIALIZING IN THE HEALTH SCIENCES GA 501(C)(1) N/A 0 MCGHI 1120 15TH STREET AUGUSTA GA 30912 582144788 HOSPITAL & CLINIC GA 501(C)(3) 170(B)(1)(A) (III) N/A 0 MCG HEALTH SYSTEM 1120 15TH STREET AUGUSTA GA 30912 272999718 STRATEGIC PLANNING, DIRECTION AND COORDINATION OF MCGHI AND PPG GA 501(C)(3) 170(B)(1)(A) (VI) N/A 0 MCGHPPG REPRODUCTIVE LAB LLC 1499 WALTON WAY AUGUSTA GA 30901 582559694 REPRODUCTIVE LAB GA N/A RELATED 437169 320970 0 1 0.50000 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0