2020-10-01T14:39:42-05:00 2019-12-31 BKD LLP 110 N Elgin Ave Suite 400 Tulsa OK 741201490 990 2019-01-01 730583936 OSTEOPATHIC FOUNDERS FOUNDATION % SHERRI L WISE OSTE 9185517300 8801 SOUTH YALE AVENUE STE 400 TULSA OK 74137 SHERRI L WISE PRESIDENT/CEO 9185517300 2020-09-24 true Lisa E Hairston P01577080 9185842900 2020-09-23 167.68.126.162 73023320202745000012 2020-09-30 P C133EED26CA568AD80E64ABC7EE09D150E5626CA C133EED26CA568AD80E64ABC7EE09D150E5626CA 2019 2021-01-29 14:40:06Z SHERRI L WISE 8801 SOUTH YALE AVENUE STE 400 TULSA OK 74137 12418037 false X WWW.OSTEOPATHICFOUNDERS.ORG X 1943 OK TO IMPROVE THE HEALTH AND HEALTHCARE IN NORTHEAST OKLAHOMA THROUGH THE SUPPORT OF OSTEOPATHIC MEDICAL EDUCATION ACROSS THE CONTINUUM OF LEARNING. 11 11 7 20 0 0 352015 352300 48421 107658 1189989 605927 -94224 -86467 1496201 979418 275005 252054 0 0 303328 408988 0 0 85167 364396 341614 942729 1002656 553472 -23238 18198973 20608592 753978 784569 17444995 19824023 X THE MISSION OF THE OSTEOPATHIC FOUNDERS FOUNDATION IS TO SUPPORT OSTEOPATHIC MEDICAL EDUCATION, TO ENHANCE THE PUBLIC'S UNDERSTANDING OF OSTEOPATHIC MEDICINE, AND TO IMPROVE THE HEALTH OF THE COMMUNITY THROUGH PROJECTS CONSISTENT WITH THE OSTEOPATHIC PHILOSOPHY. false false 767744 252054 107658 AS STATED IN THE MISSION STATEMENT, SUPPORT OF OSTEOPATHIC MEDICAL EDUCATION IS CENTRAL TO THE FOUNDATION'S INVESTMENTS. AT THE PRE-DOCTORAL LEVEL, TWO SCHOLARSHIPS ARE AWARDED TO OSTEOPATHIC MEDICAL STUDENTS BASED ON ACADEMIC ACHIEVEMENT, PROFESSIONAL AMBASSADORSHIP, AND COMMUNITY ENGAGEMENT. OTHER SCHOLARSHIPS ARE GRANTED WHICH RECOGNIZE LEADERSHIP ABILITY AS WELL AS MEDICAL RESEARCH ACCOMPLISHMENTS. ALL OF THESE AWARDS ASSIST STUDENTS WITH THE COST OF TUITION, FEES, AND BOOKS. FOR THOSE YOUNG PHYSICIANS IN POST-GRADUATE TRAINING, THE FOUNDATION OFFERS TWO PROGRAMS. EACH RESIDENT AND FELLOW TRAINING AT OSU MEDICAL CENTER IS ELIGIBLE TO RECEIVE ONE TEXTBOOK DURING EACH YEAR OF THEIR TRAINING WHICH IS TO BE USED IN THE DIDACTIC ACTIVITIES OF THEIR PROGRAM. STIPENDS WHICH SUPPORT THE COSTS ASSOCIATED WITH REQUIRED CONFERENCES, COURSES, AND OUT ROTATIONS ARE GRANTED ON A COMPETITIVE BASIS TO OSTEOPATHIC RESIDENTS AND FELLOWS ENROLLED IN AN ACGME ACCREDITED POSTGRADUATE TRAINING PROGRAM WITH OSTEOPATHIC RECOGNITION WHO ARE PARTICIPATING A COMPONENT OF SCHOLARLY ACTIVITY DURING THEIR TRAVEL. MUCH OF OUR WORK IS INVOLVED IN THE CREATION AND RESENTATION OF CONTINUING MEDICAL EDUCATION FOR PHYSICIANS. THE CME MISSION OF THE OSTEOPATHIC FOUNDERS FOUNDATION IS TO CONTINUALLY IMPROVE PATIENT CARE BY PROVIDING TIMELY, RELEVANT, EVIDENCE BASED CLINICAL KNOWLEDGE TO OSTEOPATHIC PHYSICIANS AND OTHER HEALTHCARE PROVIDERS. IN 2009 THE FOUNDATION RECEIVED ITS INITIAL ACCREDITATION FROM THE AMERICAN OSTEOPATHIC ASSOCIATION AS A CATEGORY 1-A PROVIDER. SINCE THEN WE HAVE ESTABLISHED RELATIONSHIPS WITH COMMUNITY PARTNERS ALLOWING US TO PROVIDE ACCESS TO OUR PROGRAMS TO ALLOPATHIC PHYSICIANS, PHARMACISTS, NURSES, COUNSELORS, AND OTHER HEALTH CARE PROFESSIONALS.DURING 2019, PROFESSIONAL DEVELOPMENT PROGRAMS WERE OFFERED IN A VARIETY OF SPECIALTIES INCLUDING PSYCHIATRY, EMERGENCY MEDICINE, INTERNAL MEDICINE, ONCOLOGY, NEUROLOGY, AND A WIDE RANGE OF TOPICS IN PRIMARY CARE. THE FOUNDATION CONTINUES TO OFFER PROGRAMS ADDRESSING OKLAHOMA'S OPIOD CRISIS BY PRESENTING OVER A DOZEN SESSIONS WHICH ALLOWED BOTH DO'S AND MD'S TO MEET THE STATUTORY REQUIREMENT OF EDUCATION ON THE PRESCRIBING OF CONTROLLED DANGEROUS SUBSTANCES. THE FOUNDATION CONTINUES TO MEET ITS MANDATE OF SERVING THE CONTINUUM OF MEDICAL EDUCATION FROM MEDICAL SCHOOL THROUGH MEDICAL PRACTICE. COMMUNITY GRANTS ARE AN IMPORTANT PART OF THE WORK OF THE OSTEOPATHIC FOUNDERS FOUNDATION. SINCE THE SALE OF OUR HOSPITAL IN 1996, THE FOUNDATION'S TRUSTEES HAVE FOCUSED ON UTILIZING OUR RESOURCES IN A MANNER CONSISTENT WITH THE FOUNDER'S ORIGINAL INTENT. GRANTS ARE AWARDED TO COMMUNITY ORGANIZATIONS WHO SHARE IN OUR MISSION OF PROVIDING CARE TO THE UNDERSERVED AND IN THE PREVENTION AND TREATMENT OF DISEASE. WITH THE SIGNIFICANT HEALTH DISPARITIES EXISTING WITHIN OKLAHOMA COMMUNITIES, PARTICULAR EMPHASIS IS GIVEN TO THE MOST BASIC NEEDS OF FOOD, SAFETY AND SHELTER. OKLAHOMA'S POOR RATINGS FOR HEALTH OF OUR CITIZENS DEMANDS THAT MANY OF OUR RESOURCES BE DIRECTED TO THE PROVISION OF PRIMARY HEALTH SERVICES. JUST A FEW EXAMPLES OF OUR GIVING: IN 2019, TULSA CARES RECEIVED A GRANT OF $25,000 TO PROVIDE SPECIALIZED NUTRITION SERVICES TO THEIR PATIENTS WITH HIV. TO PROVIDE SUPPORT FOR THE NUTRITIONAL NEEDS OF HUNDREDS OF ELDERLY OR HOMEBOUND TULSANS, A GRANT OF $10,000 WAS PROVIDED TO MEALS ON WHEELS OF METRO TULSA. OVER $8,000 OF FUNDING WAS PROVIDED TO ASSIST HIV OUTREACH PREVENTION AND EDUCATION (HOPE)TO OPEN AN ON-SITE CLINIC TO PROVIDE TREATMENT FOR OKLAHOMA'S RISE IN STD CASES. A TOTAL OF TWENTY NINE COMMUNITY ORGANIZATIONS RECEIVED FUNDING FROM THE OSTEOPATHIC FOUNDERS FOUNDATION IN 2018. THE FOUNDATION IS VERY PROUD OF THESE, AND OTHER, INVESTMENTS WE CONTINUE TO MAKE IN THE TULSA AND NORTHEAST OKLAHOMA COMMUNITIES. HEART DISEASE IS THE LEADING CAUSE OF DEATH FOR BOTH MEN AND WOMEN. IN THE UNITED STATES, SOMEONE HAS A HEART ATTACK EVERY 40 SECONDS. EACH MINUTE, MORE THAN ONE PERSON IN THE UNITED STATES DIES FROM A HEART DISEASE-RELATED EVENT. FEWER THAN 12% OF PATIENTS WHO EXPERIENCE AN OUT OF HOSPITAL CARDIAC ARREST WILL SURVIVE WITHOUT BYSTANDER INITIATED CPR. A PUBLIC HEALTH ISSUE, IN ADDITION TO OUR FINANCIAL CONTRIBUTIONS TO THE GO RED FOR WOMEN CAMPAIGN OF THE AMERICAN HEART ASSOCIATION, THE FOUNDATION HAS CHOSEN TO ADDRESS THE NEED FOR CONTINUED TRAINING OF HEALTH PROFESSIONALS BY ESTABLISHING AN EMERGENCY CARDIOVASCULAR CARE TRAINING SITE ACCREDITED BY THE AMERICAN HEART ASSOCIATION. TRAINING IN ADVANCED CARDIOVASCULAR LIFE SUPPORT, PEDIATRIC ADVANCED LIFE SUPPORT, AND BASIC LIFE SUPPORT FOR HEALTHCARE PROVIDERS IS OFFERED FOR PHYSICIANS AND OTHER HEALTHCARE PROFESSIONALS. ONE HUNDRED NINETY THREE PROFESSIONALS RECEIVED CERTIFICATION IN THESE DISCIPLINES THROUGH OUR SITE IN 2019. WE ALSO PLACE AN EMPHASIS ON PROVIDING TRAINING IN THE BASIC SKILLS OF CARDIOPULMONARY RESUSCITATION TO THE LAY COMMUNITY THROUGH THE FRIENDS AND FAMILY PROGRAM. KIDS CPR, PROVIDES FREE INSTRUCTION TO CHILDREN AGES 10 - 16 IN BASIC LIFE SUPPORT DURING SCHOOL BREAKS. 767744 true true false false false false false false false true true true false false true false false false false false false false false false true false false true true true false false false false false false false false false false false false false false false false false true 20 0 true 7 true false false false false false true true false false false false false false X 11 11 false false false false true true true true true false false true true true true true true true false false OK X X SHERRI L WISE 9185517300 8801 S YALE AVE STE 400 TULSA OK 74137 SHERRI L WISE PRESIDENT/CEO 40.0 0.0 X 205000 0 14147 LAURA ARROWSMITH DO Director 0.5 0.0 X 0 0 0 J MARTIN BEAL DO Director 0.5 0.0 X 0 0 0 ANDREW S CRAWFORD D SECRETARY/TREASURER 0.5 0.0 X X 0 0 0 SCOTT S CYRUS DO Director 0.5 0.0 X 0 0 0 JEREMY S FULLINGIM D Director 0.5 0.0 X 0 0 0 TOM A HAMILTON DO Director 0.5 0.0 X 0 0 0 PATTI W SHAW DO Director 0.5 0.0 X 0 0 0 MOUSUMI SOM DO CHAIRMAN 1.0 0.0 X X 0 0 0 JEFFREY STROUP PHARMD MEMBER-AT-LARGE 0.5 0.0 X 0 0 0 DANNY THOMASON DO VICE-CHAIRMAN 0.5 0.0 X X 0 0 0 HENRY G WILL JD Director 0.5 0.0 X 0 0 0 205000 0 14147 1 false true false 0 4400 155776 192124 352300 TUITION AND FEES 611420 49607 49607 OTHER INCOME 900099 55601 55601 INCOME FROM AFFILIATED ORG 900099 2450 2450 107658 405075 405075 0 0 0 0 0 11492790 11291938 200852 200852 200852 60214 155776 146681 -86467 0 0 0 0 0 0 0 979418 107658 605927 126390 126390 125664 125664 0 0 205000 141424 36329 27247 0 156774 108154 27783 20837 0 27989 19309 4960 3720 19225 13263 3407 2555 0 0 25120 22608 2512 0 0 69379 67212 2167 0 0 0 0 0 79576 64904 8803 5869 13845 11090 2405 350 0 0 0 0 3613 3041 343 229 6507 3002 3505 CONTRACT SERVICES 26890 25335 1555 UNITRUST DISTRIBUTIONS 19681 19681 SUPPLIES 16784 15334 1450 EVENTS 7753 7753 72466 43622 28844 1002656 767744 149745 85167 16592 39728 88669 169317 1000 0 9741 138 0 0 0 0 0 0 1745 1745 16605 24199 272938 270173 3324 2765 15793955 17977831 2267342 2392869 0 0 0 0 0 0 18198973 20608592 570594 565008 0 0 0 0 0 0 0 0 0 0 0 0 0 0 183384 219561 753978 784569 X 13653884 17252031 3791111 2571992 17444995 19824023 18198973 20608592 -23238 2402266 X true X false true false X 389717 339558 359183 352015 352300 1792773 0 0 389717 339558 359183 352015 352300 1792773 43978 1748795 328305 347623 460147 524512 405075 2065662 0 68428 58143 66070 192641 4051076 348720 0.43169 0.42581 X FACTS AND CIRCUMSTANCES TEST SEE ATTACHMENT FOR FACTS AND CIRCUMSTANCES TEST. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 965980 965980 965980 965980 991005 -25025 965980 988805 2200 991005 985630 3175 988805 1.00000 false false 37057 37057 0 235881 233116 2765 2765 INVESTMENTS - OTHER SECURITIES 2392869 F 2392869 0 DEFERRED COMPENSATION 198539 OTHER LIABILITIES 21022 219561 SCHEDULE D, PART V, LINE 4 THE FOUNDATION'S PERMANENT ENDOWMENT FUND CONSISTS OF ONE FUND, ESTABLISHED FOR THE SUPPORT AND FURTHERANCE OF MEDICAL EDUCATION. WINTERSET 215990 155776 60214 11239 39796 67104 3875 24667 0 215990 155776 60214 11239 39796 67104 3875 24667 146681 -86467 true ALBERT SCHWEITZER FELLOWSHIP 1215 S BOULDER AVE TULSA OK 74119 131982786 501(C)(3) 6000 SUPPORT OF FELLOWSHIP PROGRAM AMERICAN HEART ASSOCIATION 2227 E SKELLY DRIVE TULSA OK 74105 135613797 501(C)(3) 11000 GO RED FOR WOMEN HEART EDUCATION HEALTH OUTREACH PREVENTION EDUCATION 3540 E 31ST STREET TULSA OK 74135 731537952 501(C)(3) 8710 HIV HEP C PREVENTION AND TESTING MEALS ON WHEELS METRO TULSA 12620 E 31ST STREET TULSA OK 74146 731125389 501(C)(3) 10000 FOOD SECURITY OKLAHOMA STATE UNIVERSITY FOUNDATION 400 S MONROE STILLWATER OK 74074 736097060 501(C)(3) 85210 SCHOLARSHIPS AND SUPPORT OF MEDICAL EDUCATION TULSA CARES 3712 E 11TH STREET TULSA OK 74112 731388569 501(C)(3) 25000 HIV SERVICES 6 EDUCATIONAL SUPPORT OF POST-GRADUATE MEDICAL ED 154 26690 FMV TEXTBOOKS MEDICAL SCHOOL SCHOLARSHIPS 3 18000 EDUCATIONAL TRAVEL STIPENDS 6 9217 SCHEDULE I, PART I, LINE 2 THE FOUNDATION REQUIRES THAT GRANTS OF $5,000 OR MORE BE MADE SUBJECT TO A WRITTEN AGREEMENT. THE AGREEMENT SPECIFIES THE AGREED UPON PURPOSE OF THE GRANT AND OTHER REQUIREMENTS OF THE GRANTEE. THE EXPENDITURE AGREEMENT REQUIRES THAT ALL FUNDS MUST BE UTILIZED FOR THE SPECIFIED PURPOSE WITHIN 15 MONTHS OR RETURNED TO THE FOUNDATION. THE AGREEMENT ALSO REQUIRES THAT THE GRANTEE WILL FURNISH TO THE FOUNDATION A COMPLETE REPORT ON THE MANNER IN WHICH THE FUNDS WERE EXPENDED WITHIN TWELVE MONTHS OF THE DATE OF THE AGREEMENT AND THE RECORDS OF ALL EXPENDITURES UNDER THE GRANT MUST BE RETAINED AND MADE AVAILABLE FOR AT LEAST FOUR YEARS. THE FOUNDATION'S EXPENDITURE AGREEMENT SPECIFICALLY PROHIBITS ANY OF ITS GRANT FUNDS FROM BEING USED TO INFLUENCE LEGISLATION OR ANY PUBLIC ELECTION AND DENIES ANY TRANSFER OF GRANT FUNDS TO ANOTHER ORGANIZATION. X X X false true false false false false false false false SHERRI L WISE PRESIDENT/CEO 155000 0 50000 0 0 0 6150 0 7997 0 219147 0 SCHEDULE J, PART I, LINE 4C THE BOARD OF DIRECTORS GRANTED A BONUS ON MARCH 1, 2014 WHICH WAS ELIGIBLE TO BE DEFERRED UNDER THE FOUNDATION'S NONQUALIFIED DEFERRED COMPENSATION PLAN. THE DEFERRED COMPENSATION VESTED ON MARCH 1, 2019 AND WAS PAID LATER THAT YEAR. FORM 990, PART VI, LINE 1A THE EXECUTIVE COMMITTEE IS AUTHORIZED TO ACT IN THE EVENT AN ACTION IS REQUIRED DURING INTERVALS BETWEEN SCHEDULED BOARD MEETINGS. THE EXECUTIVE COMMITTEE IS REQUIRED TO REPORT ITS ACTIONS TO THE BOARD OF DIRECTORS AT ITS REGULAR MEETING. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN THE CORPORATION IS GRANTED TO ANY PERSON WHO IS AN OSTEOPATHIC PHYSICIAN AND WHO MAKES AN ANNUAL FINANCIAL CONTRIBUTION TO THE FOUNDATION, OR WHO MAKES A ONE-TIME CONTRIBUTION OF AT LEAST $250. FORM 990, PART VI, SECTION A, LINE 7A THE CHAIRMAN OF THE BOARD WILL ANNUALLY APPOINT A NOMINATING COMMITTEE COMPOSED OF 3 MEMBERS OF THE ORGANIZATION WHO ARE CURRENTLY SERVING ON THE BOARD OF DIRECTORS. THE NOMINATING COMMITTEE, NOT LESS THAN 90 DAYS PRIOR TO THE ORGANIZATION'S FISCAL YEAR-END, SHALL NOMINATE ONE CANDIDATE TO FILL THE POSITION OF EACH DIRECTOR WHOSE TERM IS EXPIRING. THE NOMINATIONS ARE ANNOUNCED TO ALL MEMBERS OF THE ORGANIZATION 60 DAYS PRIOR TO YEAR-END. A FORM IS MADE AVAILABLE AT THE PRINCIPAL OFFICE OF THE ORGANIZATION FOR WRITE-IN NOMINATIONS. WRITE-IN NOMINATIONS REQUIRE THE AFFIRMATION OF THREE MEMBERS OF THE ORGANIZATION IN ORDER TO BE PLACED ON THE BALLOT. BALLOTS ARE REQUIRED TO BE MAILED TO ALL MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B THE AMENDED AND RESTATED BYLAWS OF THE ORGANIZATION RESERVE THE POWER TO AMEND THE BYLAWS TO THE MEMBERSHIP OF THE ORGANIZATION. THE PROCEDURE REQUIRED TO AMEND THE BYLAWS BEGINS WITH THE INITIATION OF THE PROPOSED AMENDMENT BY THE BOARD OF DIRECTORS. AT THE NEXT MEETING OF THE BOARD OF DIRECTORS, SUBSEQUENT TO THE MEETING AT WHICH THE PROPOSED AMENDMENTS WERE PRESENTED, SUCH AMENDMENTS MUST RECEIVE THE AFFIRMATIVE VOTE OF THE MAJORITY OF DIRECTORS IN ORDER TO ADVANCE. IF APPROVED BY THE BOARD OF DIRECTORS, THE PROPOSED AMENDMENTS SHALL BE MAILED TO THE MEMBERS OF THE ORGANIZATION AT LEAST 30 DAYS PRIOR TO THE DATE ESTABLISHED FOR THE BALLOT ON WHICH THEY ARE TO BE CONSIDERED FOR ADOPTION. TO BE EFFECTIVE, AMENDMENTS MUST RECEIVE THE AFFIRMATIVE VOTE OF TWO-THIRDS OF THE MEMBERS REPRESENTED BY ABSENTEE BALLOT OR AT A MEETING OF THE ORGANIZATION AT WHICH A DULY QUALIFIED QUORUM IS PRESENT. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED 990 IS TRANSMITTED ELECTRONICALLY TO THE FOUNDATION'S BOARD OF DIRECTORS. THE CEO AND FOUNDATION'S INDEPENDENT ACCOUNTANTS MAKE THEMSELVES AVAILABLE TO ANSWER ANY QUESTIONS FROM MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY WHICH SERVES TO ASSIST DIRECTORS, OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION TO IDENTIFY SITUATIONS THAT PRESENT POTENTIAL CONFLICTS OF INTEREST AND TO PROVIDE A PROCEDURE WHICH WILL ALLOW A TRANSACTION WHICH IS IN THE BEST INTEREST OF THE CORPORATION TO BE BINDING EVEN THOUGH A DIRECTOR, OFFICER, OR EMPLOYEE MAY HAVE A CONFLICT OF INTEREST IN RESPECT TO THAT TRANSACTION. THE POLICY IS DISTRIBUTED ANNUALLY AT THE FIRST MEETING OF THE BOARD OF DIRECTORS FOLLOWING THE BEGINNING OF THE ORGANIZATION'S FISCAL YEAR. THE POLICY IS REVIEWED DURING THAT MEETING. EACH PERSON SERVING AS A DIRECTOR, OFFICER OR KEY EMPLOYEE OF THE CORPORATION IS REQUIRED TO ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH HE OR SHE IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. MATERIALS FOR MEETINGS OF THE BOARD OF DIRECTORS ARE DISTRIBUTED ELECTRONICALLY IN ADVANCE OF THE MEETING, GIVING DIRECTORS, OFFICERS AND KEY EMPLOYEES AN OPPORTUNITY TO IDENTIFY ANY PROPOSED ACTION IN WHICH HE OR SHE MAY HAVE A CONFLICT OF INTEREST. FOLLOWING THE CALL TO ORDER AT EACH MEETING OF THE BOARD OF DIRECTORS, A REQUEST FOR DISCLOSURE OF ANY POTENTIAL CONFLICT OF INTEREST IS MADE. AN ABSENCE OF A DECLARATION OF A CONFLICT OF INTEREST AT THAT TIME DOES NOT PRECLUDE THE LATER ANNOUNCEMENT OF A CONFLICT OF INTEREST WHICH IS DETERMINED BY A DIRECTOR, OFFICER OR KEY EMPLOYEE DURING THE MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE MOST RECENT COMPENSATION REVIEW OF THE FOUNDATION'S CEO WAS COMPLETED IN SEPTEMBER 2013 BY THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE IS COMPOSED OF MEMBERS OF THE EXECUTIVE COMMITTEE PLUS ADDITIONAL MEMBERS OF THE BOARD OF DIRECTORS WHO ARE INVITED BY THE CHAIRMAN DUE TO SPECIALIZED KNOWLEDGE. ALL MEMBERS OF THE COMPENSATION COMMITTEE ARE INDEPENDENT MEMBERS OF THE GOVERNING BODY. THE COMMITTEE DETERMINES, BASED ON BUDGETARY CONSIDERATIONS, WHETHER AN ADJUSTMENT IN COMPENSATION WILL BE CONSIDERED FOR THE YEAR. IF THE DECISION IS AFFIRMATIVE, THE COMMITTEE REVIEWS DATA FROM THE COUNCIL ON FOUNDATIONS ANNUAL SALARY SURVEY WHICH COMPILES SALARY AND BENEFIT INFORMATION FROM MORE THAN 800 FOUNDATIONS NATIONWIDE, STRATIFYING IT GEOGRAPHICALLY, BY ASSET SIZE, AND MANY OTHER VARIABLES. THE COMMITTEE COMPARES THE ORGANIZATION'S CURRENT SALARY FOR THE CEO TO THE MEDIAN SALARY OF SIMILARLY LOCATED, LIKE-SIZED FOUNDATIONS AND DISCUSSES WHETHER AN ADJUSTMENT IN COMPENSATION IS WARRANTED. THE DISCUSSION AND SUBSEQUENT DECISION IS DOCUMENTED BY THE CHAIRMAN AND THE CONCLUSIONS OF THE COMMITTEE PRESENTED TO THE CEO IN A FOLLOW-UP MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS ALWAYS MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND REVIEWED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. WE HAVE ALLOCATED SPACE FOR THESE DOCUMENTS ON THE FOUNDATION'S WEBSITE.