2024-09-17T18:15:26-05:00 2023-12-31 204749363 ISLER MEDFORD LLC 839 ALDER CREEK DR MEDFORD OR 97504 990 2023-01-01 930691238 ASHLAND COMMUNITY HOSPITAL FOUNDATION ASHL 5414820367 123 CLEAR CREEK DRIVE 101 ASHLAND OR 97520 JEFFREY McCULLOUGH PRESIDENT 5414820367 2024-09-11 1 0 CAROLYN M RYDER P00033827 5417797641 2023 2024-08-08 14:25:15Z ASHLAND COMMUNITY HEALTH FOUNDATION STEPHANIE ROLAND 123 CLEAR CREEK DRIVE 101 ASHLAND OR 97520 5830229 0 X WWW.ACHFOUNDATION.ORG X 1977 OR SEE SCHEDULE O - PAGE 36 FOR FOUNDATION MISSION STATEMENT.ASHLAND COMMUNITY HOSPITAL FOUNDATION GENERATES AND INVESTS RESOURCES TO IMPROVE THE HEALTH OF OUR COMMUNITY.VISION ASHLAND COMMUNITY HOSPITAL FOUNDATION (ACHF) LEADS PHILANTHROPIC EFFORTS TO ADVANCE INNOVATIVE AND EQUITABLE APPROACHES TO COMMUNITY HEALTH AND WELLNESS.VALUES *PASSION FOR ASHLAND'S HOSPITAL AND COMMUNITY HEALTH AND WELLNESS;*INTEGRITY AS WE CAREFULLY STEWARD THE RESOURCES ENTRUSTED TO US;*RELATIONSHIPS WITH DONORS, PARTNERS AND THE COMMUNITY;*ADVOCACY IN SUPPORT OF EQUITABLE ACCESS TO HEALTH CARE;*GENEROSITY WITH CHARITABLE GIFTS, TIME, AND EXPERTISE;*CONTINUITY AS A TRUSTED COMMUNITY PARTNER. 14 0 4 0 280000 0 396857 1221150 38353 39504 264096 413988 278480 279328 977786 1953970 742581 562797 0 0 331639 364185 0 0 0 344897 311522 1419117 1238504 -441331 715466 9713669 11608714 176858 172684 9536811 11436030 X ASHLAND COMMUNITY HOSPITAL FOUNDATION GENERATES AND INVESTS RESOURCES TO IMPROVE THE HEALTH OF OUR COMMUNITY. 0 0 632065 562797 159898 See Schedule O 5035 39504 THROUGH EFFORTS OF ASHLAND COMMUNITY HOSPITAL FOUNDATION, THE COMMUNITY OF TALENT, OREGON CONTINUES TO RECEIVE QUALITY HEALTHCARE. IN 1994, THE FOUNDATION CONSTRUCTED A PHARMACY IN THAT COMMUNITY, WHICH IS RENTED TO MEDICAP PHARMACY. THIS PROJECT HELPED GUARANTEE ACCESS TO PHARMACEUTICALS IN THE COMMUNITY. 637100 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 4 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 0 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 OR X X BURNS AND COMPANY CPAS LLC 5414823711 1101 SISKIYOU BLVD ASHLAND OR 97520 X BLANCALUZ BROSSARD DIRECTOR 2.00 X 0 0 0 DIANE YAEY KNOX DIRECTOR 2.00 X 0 0 0 ROSARIO MEDINA DIRECTOR 2.00 X 0 0 0 REBECCA ORF DIRECTOR 2.00 X 0 0 0 MELISSA GRUDIN TREASURER 2.00 X X 0 0 0 LARRY GIBBS SECRETARY 2.00 X X 0 0 0 TIFFANIE LAMBERT DIRECTOR 2.00 X 0 0 0 ZEPH ROBERTSON DIRECTOR 2.00 X 0 0 0 JEFFREY MCCULLOUGH VICE PRESIDENT 2.00 X X 0 0 0 GARRISON TURNER DIRECTOR 2.00 X 0 0 0 LIZ MURPHY DIRECTOR 2.00 X 0 0 0 JUDITH PAVLIK DIRECTOR 2.00 X 0 0 0 NICK PALMESANO DIRECTOR 2.00 X 0 0 0 CINDY BERNARD PRESIDENT 2.00 X 0 0 0 JANET TROY EXECUTIVE DIRECTOR 40.00 X 100099 0 0 100099 0 0 1 0 0 0 0 1221150 1221150 RENT OF MED FACILITIES 531390 39504 39504 39504 253418 253418 280000 0 280000 280000 280000 4036829 3876259 160570 160570 160570 MISCELLANEOUS INCOME 561000 -672 -672 -672 1953970 199402 280000 253418 383764 383764 179033 179033 100099 100099 211903 211903 9981 9981 12862 12862 29340 29340 323 323 41258 41258 55839 55839 1066 1066 23823 23823 46406 46406 5939 4007 1932 7603 7603 CAMPAIGN EXPENSES 47414 47414 CONSULTING FEES 23749 23749 DONOR RELATIONS 20826 20826 BOARD RECOGNITION AND D 9409 9409 27867 2056 25811 1238504 637100 601404 0 53963 48642 165407 214722 5025 159626 2303 2439 7499 7979 578902 114301 470540 464601 9005432 10607205 3500 103500 9713669 11608714 6557 8944 170301 163740 176858 172684 X 3371087 3866311 6165724 7569719 9536811 11436030 9713669 11608714 X 715466 1169158 15616 -1021 X X 0 1 X 1 0 X 550478 723175 491022 396857 1221150 3382682 550478 723175 491022 396857 1221150 3382682 3382682 497277 535673 560484 565606 572922 2731962 6114644 0.55320 0.54970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 4273083 448426 769411 181675 27481 5281764 5129869 172297 -753173 248923 26987 4273083 4602662 557704 661812 663980 28329 5129869 4117624 49194 609187 148890 24452 4602662 3527865 61647 694377 143223 23042 4117624 0 0 411472 411472 157771 108022 49749 9659 6279 3380 464601 MUTUAL FUNDS 10363877 F UNITRUST ASSETS 243328 F 10607205 ANNUITY OBLIGATION 150019 DEPOSITS 2600 ACCRUED PAYROLL 11121 163740 X 3153339 1169158 15616 14595 1199369 1953970 0 1953970 1254120 15616 15616 1238504 0 1238504 Part V, Line 4: INCOME FROM THE EVANS SCHOLARSHIP ENDOWMENT FUND IS TO AWARD SCHOLARSHIPS TO STUDENTS WHO ARE PURSUING NURSING DEGREES FROM OREGON HEALTH & SCIENCE UNIVERSITY AT THE ASHLAND CAMPUS OR ROGUE COMMUNITY COLLEGE. INCOME FROM THE NIXON ENDOWMENT FUND IS GIFTED ANNUALLY TO THE FOUNDATION'S LIGHTS FOR LIFE CAMPAIGN. INCOME FROM THE ALLIED HEALTH SCHOLARSHIP FUND IS USED TO PROVIDE SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO LOCAL STUDENTS FOR CAREERS IN ALLIED HEALTH PROFESSIONS. INCOME FROM THE KITCHELL ENDOWMENT FUND IS USED TO SUPPORT NON-PROFITS FOR SPORTS FOR CHILDREN IN ASHLAND, TALENT, AND PHOENIX. INCOME FROM THE BUTLER AQUATICS FUND ARE USED TO SUPPORT NON-PROFITS THAT ADDRESS THE NEEDS OR CHILDREN IN ASHLAND, TALENT, AND PHOENIX THROUGH WATER ACTIVITIES AND SPORTS. Part X, Line 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES GENERATED FROM THE RENTAL OF CERTAIN DEBT-FINANCED PROPERTY. AT DECEMBER 31, 2023, THE ACTIVITY REPORTED OPERATING INCOME OF $0 WHICH DID NOT ADD OR SUBTRACT FROM OPERATING LOSS CARRYFORWARDS. THE UNUSED NET OPERATING LOSS CARRYFORWARDS MAY BE APPLIED AGAINST FUTURE TAXABLE INCOME. THE DEFERRED TAX ASSET HAS NOT BEEN RECORDED IN THE FINANCIAL STATEMENTS DUE TO THE UNDETERMINABLE TIMING OF EVENTS OF WHICH THE FOUNDATION WOULD BE ABLE TO UTILIZE THE CARRYFORWARDS. THE FOUNDATION'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990-T) FOR 2020, 2021, AND 2022 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR 3 YEARS AFTER THEY WERE FILED. MANAGEMENT BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN. Part XI, Line 2d - Other Adjustments: CHANGE IN SPLIT INTEREST AGREEMENT 14,595. 0 ASANTE ASHLAND COMMUNITY HOSPITAL 280 MAPLE STREET ASHLAND OR 97520 91068 0 FMV FUNDING PROVIDED TO ASSIST WITH: EMPLOYEES EXPERIENCING FINANCIAL HARDSHIP; RENOVATION OF NURSES STATION; FACILITY UPGRADES; EQUIPMENT; TRAINING; AND SCHOOL NURSE PROGRAM. ASHLAND EMERGENCY FOOD BANK 560 CLOVER LANE ASHLAND OR 97520 20000 0 FMV TO SUPPORT INCREASE STAFF HOURS TO ALLOW GREATER ACCESS AND PURCHASE FOOD. JACKSON COUNTY SEXUAL ASSAULT AND RESPONSE TEAM PO BOX 898 ASHLAND OR 97520 18000 0 FMV TO EXPAND THEIR K-12 PROGRAM FOR MATERIALS, INCREASE PARENTAL INVOLVEMENT AND TEACHING LA CLINICA 931 CHEVY WAY MEDFORD OR 97504 37000 0 FMV ADD A SECOND MENTAL HEALTH PROVIDER IN THE SCHOOL BASED HEALTH CENTER MERCY FLIGHTS 2020 MILLIGAN WAY MEDFORD OR 97504 80000 0 FMV EXPAND MOBILE INTEGRATED HEALTHCARE PROGRAM WITH A VEHICLE PURCHASE AND CREATE A VIRTUAL EMERGENCY PROGRAM OHRA 2350 ASHLAND ST ASHLAND OR 97520 38000 0 FMV SUPPORT THE EXPANSION OF THEIR RESOURCES NAVIGATION PROGRAM THAT SERVES UNHOUSED OR THOSE AT RISK OF LOSING THEIR HOME. OREGON ADAPTIVE SPORTS 345 SW CYBER DRIVE BEND OR 97702 11000 0 FMV SUPPORT DEVELOPMENT AND IMPLEMENTATION OF AN ADAPTIVE SKI PROGRAM AT MT. ASHLAND. ROGUE VALLEY FARM TO SCHOOL PO BOX 898 ASHLAND OR 97520 17000 0 FMV ASSIST TO INTEGRATE TRAUMA-INFORMED NUTRITION AND FEEDING INTO THEIR PROGRAM AND EXPAND DIGGING DEEPER PROGRAM. ROGUE VALLEY MENTORING 2931 S PACIFIC HWY MEDFORD OR 97501 18000 0 FMV SUPPORT SOCIAL-EMOTIONAL WELLNESS FOR TALENT MIDDLE SCHOOL STUDENTS. SOUTHERN OREGON JOBS WITH JUSTICE 64 HAWTHORNE ST MEDFORD OR 97504 14000 0 FMV HELP PURCHASE A MOBILE FOOD TRUCK/TRAILER FOR THEIR PEACE MEALS PROGRAM. TALENT MAKER CITY 304 E MAIN ST TALENT OR 97540 19000 0 FMV SUPPORT FOR THEIR PARTNERSHIP WITH THE OREGON SPINAL CORD INJURY CONNECTION. UNITED ROTARY CLUBS OF SOUTHERN OREGON 175 NORTH MAIN STREET ASHLAND OR 97520 16000 0 FMV SUPPORT THEIR DOLLY PARTON IMAGINATION LIBRARY INITIATIVE TO PROVIDE FREE BOOKS. NURSING SCHOLARSHIPS AWARDED 37 179033 FMV FORM 990, PART I LINE 1 - MISSION STATEMENT ASHLAND COMMUNITY HOSPITAL FOUNDATION GENERATES AND INVESTS RESOURCES TO IMPROVE THE HEALTH OF OUR COMMUNITY. FORM 990 PART III, LINE 4a - PROGRAM SERVICE ACCOMPLISHMENTS PROGRAM SERVICE ACCOMPLISHMENTS ASANTE ASHLAND COMMUNITY HOSPITAL GRANTS - $91,068 EMPLOYEE ASSISTANCE FUND: $1,580 DONOR DESIGNATED CONTRIBUTIONS SUPPORTED THREE EMPLOYEES AT ASHLAND'S HOSPITAL EXPERIENCING FINANCIAL HARDSHIP. EMERGENCY SERVICES FUND: $12,980 A GRANT FROM THE SID AND KAREN DEBOER FOUNDATION AND OTHER DONOR DESIGNATED GIFTS TO ASANTE ASHLAND COMMUNITY HOSPITAL HELPED SUPPORT THE RENOVATION OF THE NURSES' STATION IN THE EMERGENCY DEPARTMENT. DUE TO INCREASED PATIENT VOLUME THE RENOVATION WILL ALLOW STAFF TO WORK MORE EFFICIENTLY. ENGINEERING FUND: $28,080 A GRANT FROM THE ALLEN AND KATHERINE ALSING FUND OF THE OREGON COMMUNITY FOUNDATION WAS USED TO SUPPORT FACILITY UPDATES, INCLUDING A REFRESH OF PAINT IN PATIENT AREAS TO ALIGN WITH THE HOSPITAL'S AGE FRIENDLY INITIATIVE. LABORATORY FUND: $19,957 A GRANT FROM THE ALLEN AND KATHERINE ALSING FUND OF THE OREGON COMMUNITY FOUNDATION WAS USED TO SUPPORT THE PURCHASE OF NEW EQUIPMENT FOR THE LAB AND COSTS ASSOCIATED WITH LAB STAFF APPRECIATION WEEK. RODDEN EDUCATION FUND: $3,471 TO PROVIDE TRAVEL EXPENSES FOR TWO EMPLOYEES IN ASHLAND HOSPITAL'S SURGICAL SERVICES DEPARTMENT TO ATTEND THE 2022 ACADEMY OF OPHTHALMOLOGY CONFERENCE. SCHOOL NURSE PROGRAM: $25,000 TO SUPPORT THE SCHOOL NURSE PROGRAM AT THE ASHLAND SCHOOL DISTRICT. COMMUNITY HEALTH GRANTS: $292,696 ACHF MITTEN, HAT & GLOVE DRIVE: $196 TO SUPPORT THE PURCHASE OF MITTENS, HATS, AND GLOVES FOR K-5 STUDENTS IN THE ASHLAND AND PHOENIX-TALENT SCHOOL DISTRICT. OVER 1,000 ITEMS WERE DISTRIBUTED TO STUDENTS. A GIFT CARD FROM FRED MEYER FOR $250 HELPED PURCHASE ITEMS, ALONG WITH ITEMS DONATED BY COMMUNITY MEMBERS. ALL REMAINING NEEDED ITEMS ARE PURCHASED BY ACHF TO ENSURE THAT EVERY CHILD HAS SOMETHING TO SELECT. ASHLAND EMERGENCY FOOD BANK: $20,000 THROUGH OUR COMMUNITY CARE FUND, SUPPORT HELPED INCREASE STAFF HOURS TO ALLOW THEM TO IDENTIFY AND DEVELOP PARTNERS AND LOCATIONS WHERE OFFSITE FOOD PANTRIES COULD BE ACCESSIBLE TO A GREATER NUMBER OF PEOPLE, AND TO PURCHASE FOOD TO SUPPLY IDENTIFIED LOCATIONS. ASHLAND PARKS AND RECREATION FOUNDATION FOR SENIOR SERVICES: $2,000 THROUGH OUR COMMUNITY CARE FUND, SUPPORT WAS GIVEN TO EXPAND VACCINATION CLINICS FOR LOW-INCOME SENIORS IN ASHLAND AND TALENT AGAINST COVID-19, FLU, AND THE SUPER FLU. ASHLAND SCHOOL DISTRICT: $1,500 A GRANT FROM LITHIA 4 KIDS HELPED SUPPORT THE PURCHASE OF GALOSHES FOR 5TH GRADE STUDENTS TO BE USED FOR THEIR OUTDOOR SCHOOL PROGRAM. JACKSON COUNTY SEXUAL ASSAULT AND RESPONSE TEAM: $18,000 TO EXPAND THEIR K-12 PROGRAM TO INCREASE PARENT/GUARDIAN INVOLVEMENT AND INCREASE ACCESS TO MATERIALS, ESPECIALLY FOR SPANISH SPEAKING PARENTS. ADDITIONALLY, FUNDS WILL RE-FOCUS TEACHING EFFORTS FOR K-5 STUDENTS. LA CLINICA: $37,000 TO ADD A SECOND MENTAL HEALTH PROVIDER TO THE SCHOOL-BASED HEALTH CENTER AT ASHLAND HIGH SCHOOL. MERCY FLIGHTS: $80,000 TO EXPAND THEIR MOBILE INTEGRATED HEALTHCARE (MIH) PROGRAM FOR THE ASHLAND, TALENT, AND PHOENIX COMMUNITIES BY ADDING A SECOND VEHICLE. ADDITIONALLY, AN INVESTMENT FROM OUR INNOVATION FUND, HELPED SUPPORT THE DESIGN PHASE OF THEIR HOSPITAL-AT-HOME INITIATIVE, A PARTNERSHIP BETWEEN LOCAL HEALTH CARE PROVIDERS, TO CREATE A VIRTUAL EMERGENCY PROGRAM IN OUR COMMUNITY. OHRA: $38,000 TO SUPPORT THE EXPANSION OF THEIR RESOURCES NAVIGATION PROGRAM THAT SERVES UNHOUSED INDIVIDUALS, OR THOSE AT RISK OF LOSING THEIR HOME. OREGON ADAPTIVE SPORTS: $11,000 TO SUPPORT THE DEVELOPMENT AND IMPLEMENTATION OF AN ADAPTIVE SKI PROGRAM AT MT. ASHLAND FOR THE 2024 SKI SEASON. ROGUE VALLEY FARM TO SCHOOL: $17,000 FUNDS ALLOWED THEM TO INTEGRATE TRAUMA-INFORMED NUTRITION AND FEEDING INTO THEIR PROGRAM AND EXPAND THEIR DIGGING DEEPER PROGRAM TO TRAILS OUTDOOR SCHOOL IN ASHLAND. ROGUE VALLEY MENTORING: $18,000 TO SUPPORT SOCIAL-EMOTIONAL WELLNESS FOR TALENT MIDDLE SCHOOL STUDENTS THROUGH MENTORING CIRCLES FOR ALL 6TH GRADE STUDENTS, AND VOLUNTARY CIRCLES FOR 7TH AND 8TH GRADE STUDENTS. SOUTHERN OREGON JOBS WITH JUSTICE: $14,000 TO HELP PURCHASE A MOBILE FOOD TRUCK/TRAILER FOR THEIR PEACE MEALS PROGRAM THAT PROVIDES MEALS TO SENIORS, CHILDREN, AND VULNERABLE POPULATIONS IN ASHLAND. TALENT MAKER CITY: $19,000 TO SUPPORT THEIR PARTNERSHIP WITH THE OREGON SPINAL CORD INJURY CONNECTION. THE COLLABORATION PROVIDED ONGOING WHEELCHAIR MAINTENANCE WORKSHOPS, INNOVATIVE WORKSHOPS FOR 3D PRINTED CUSTOM TOOLS AND CHAIR ACCESSORIES, AND CONSULTING FEES FOR ACCESSIBILITY DESIGN FOR THEIR NEW BUILDING. PHOENIX-TALENT SCHOOL DISTRICT: $1,000 A GRANT FROM LITHIA 4 KIDS HELPED SUPPORT THE PURCHASE OF GALOSHES FOR 5TH GRADE STUDENTS TO BE USED FOR THEIR OUTDOOR SCHOOL PROGRAM. UNITED ROTARY CLUBS OF SOUTHERN OREGON: $16,000 TO SUPPORT THEIR DOLLY PARTON IMAGINATION LIBRARY INITIATIVE TO PROVIDE A FREE AGE-APPROPRIATE BOOK EACH MONTH TO CHILDREN FROM BIRTH TO AGE FIVE IN ASHLAND, TALENT, AND PHOENIX. SCHOLARSHIP AWARDS: $179,033 EVANS NURSING SCHOLARSHIPS: $179,033 THE WILLIAM G. & RUTH T. EVANS ENDOWED NURSING SCHOLARSHIP SUPPORTED SCHOLARSHIPS FOR 37 STUDENTS ENROLLED IN NURSING PROGRAMS AT ROGUE COMMUNITY COLLEGE AND OREGON HEALTH & SCIENCE UNIVERSITY - ASHLAND CAMPUS. FOOTNOTE: IN 2023 THE FOUNDATION PROVIDED MEETING ROOM SPACE TO THE ROTARY CLUB OF ASHLAND AND TO SOROPTIMIST INTERNATIONAL OF ASHLAND FOR THEIR BOARD AND COMMITTEE MEETINGS. Form 990, Part VI, Section A, line 6 FOUNDATION BOARD MEMBERS SERVE AS VOTING MEMBERS WITH AUTHORITY AND RESPONSIBILITY TO DEVELOP POLICIES, PROCEDURES, AND REGULATIONS NECESSARY TO OPERATE THE FOUNDATION, PARTICIPATE IN FUNDRAISING THROUGH PERSONAL CONTRIBUTIONS, AND PARTICPATE IN THE VARIOUS CAMPAIGNS NECESSARY TO FINANCE THE ONGOING OPERATION OF THE FOUNDATION. BOARD MEMBERS SERVE A THREE YEAR TERM (UNLESS ELECTED TO FILL AN UNEXPIRED TERM). Form 990, Part VI, Section A, line 7a THE OFFICERS SHALL BE ELECTED BY, AND SHALL SERVE AT THE PLEASURE OF, THE BOARD, AND SHALL HOLD THEIR RESPECTIVE OFFICES UNTIL THEIR RESIGNATION, REMOVAL, OR OTHER DISQUALIFICATION FROM SERVICE, OR UNTIL THEIR RESPECTIVE SUCCESSORS SHALL BE ELECTED. THE PRESIDENT SHALL BE ELECTED FOR A TWO-YEAR TERM OF OFFICE. VICE-PRESIDENT, SECRETARY AND TREASURER SHALL BE ELECTED ANNUALLY. Form 990, Part VI, Section B, line 11b THE ACH FOUNDATION HAS A STANDING ASSET MANAGEMENT COMMITTEE THAT MEETS QUARTERLY TO REVIEW FINANCIAL STATEMENTS, INCLUDING EXPENSES, INCOME, GRANTS, CASH DISBURSEMENTS, BALANCE SHEET, PROFIT AND LOSS, AND ANY AUDIT LETTERS. IN ADDITION, TIME IS ALLOCATED AT EACH QUARTERLY BOARD MEETING TO REVIEW FINANCIAL STATEMENTS AND THE ANNUAL AUDIT IS PRESENTED TO THE FULL FOUNDATION BOARD UPON ITS COMPLETION. BOTH THE ASSET MANAGEMENT COMMITTEE AND THE BOARD MONITOR THE FINANCIAL RESOURCES TO ENSURE THAT FUNDS ARE APPROPRIATELY ACCOUNTED FOR. THE FOUNDATION BOARD TREASURER REVIEWS THE FINANCIAL STATEMENTS ON A MONTHLY BASIS. FINANCIAL STATEMENTS: 1. THE ACH FOUNDATION IS NOT REQUIRED BY LAW TO UNDERGO AN AUDIT BY AN INDEPENDENT AUDITOR. 2. THE ACH FOUNDATION HAS NOT RECEIVED FEDERAL FUNDS THAT REQUIRES ONE OR MORE AUDITS. 3. THE ACH FOUNDATION BOARD HAS AN ESTABLISHED ASSET MANAGEMENT COMMITTEE WHICH MAKES RECOMMENDATIONS ON THE SELECTION OF THE INDEPENDENT AUDITOR TO THE FOUNDATION BOARD. IN ADDITION, THEY OVERSEE THE INDEPENDENT AUDITOR. 4. THE ACH FOUNDATION CURRENTLY HAS FINANCIAL STATEMENTS COMPILED BY AN INDEPENDENT ACCOUNTANT AND AUDITED ANNUALLY BY A QUALIFIED THIRD-PARTY. Form 990, Part VI, Section B, line 12c ALL BOARD MEMBERS ARE EXPECTED TO ACCEPT AND ADHERE TO POLICIES AND HOLD FELLOW BOARD MEMBERS AND STAFF TO THE SAME STANDARDS. MONITORING OF SUCH IS ONGOING. Form 990, Part VI, Section C, line 18 THE FOUNDATION'S DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION MAY BE REQUESTED FOR VIEWING BY CONTACTING THE FOUNDATION'S OFFICE. Form 990, Part VI, Section C, line 19 THE FOUNDATION'S FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AND BY VISITING THE WEBSITE WWW.ACHFOUNDATION.ORG Form 990, Part XI, line 9: CHANGE IN MARKET VALUE OF TRUST ASSETS 14,595. IN-KIND EXPENSES -15,616. FINANCIAL STATEMENT AND AUDIT OVERSIGHT THE OVERSIGHT OR SELECTION PROCESS HAS NOT CHANGED DURING THE YEAR.