2019-11-14T09:33:56-06:00 2018-12-31 ERNST & YOUNG US LLP 5 TIMES SQUARE NEW YORK NY 10036 990 2018-01-01 136714749 The Hospital for Special Surgery Fund Inc % MARC GOULD HOSP 2126061000 535 EAST 70TH STREET NEW YORK NY 10021 MARC GOULD SR. VP & CAO 2127730000 2019-11-12 LAURA KIELCZEWSKI P00740769 2127739017 164.57.159.253 26308520193185000075 2019-11-14 P B368A9C77FC9FD471D6DA5EBED8E1C4EF6149CF8 2979594631CB5427DBABEAFA59DA989879D1FE14 2018 2020-03-31 21:24:44Z SEE SCHEDULE O LOUIS SHAPIRO 535 EAST 70TH STREET NEW YORK NY 10021 35838304 false X www.hss.edu X 1984 NY TO RAISE FUNDS TO SUPPORT CHARITABLE, EDUCATIONAL & SCIENTIFIC PURPOSES OF ITS TAX-EXEMPT AFFILIATE THE HOSPITAL FOR SPECIAL SURG, & OTHER HLTH CARE RELATED CHARITABLE ORGS. 45 41 36 46 0 0 9886114 12535892 6924161 7995034 754734 1620829 -615792 -1035065 16949217 21116690 3699088 3938656 0 0 6078211 6111118 90000 426000 8370778 2528703 3640234 12396002 14116008 4553215 7000682 81745769 85751429 26290349 24967154 55455420 60784275 THE ORGANIZATION'S EXEMPT PURPOSE IS TO RAISE FUNDS TO SUPPORT CHARITABLE, EDUCATIONAL & SCIENTIFIC PURPOSES OF ITS TAX-EXEMPT AFFILIATE THE HOSPITAL FOR SPECIAL SURGERY, AND OTHER HEALTH CARE RELATED CHARITABLE ORGANIZATIONS. false false 3938656 3938656 7995034 THE ORGANIZATION'S EXEMPT PURPOSE IS TO RAISE FUNDS TO SUPPORT CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES OF ITS TAX-EXEMPT AFFILIATE, THE HOSPITAL FOR SPECIAL SURGERY, AND ANY OTHER HEALTH CARE RELATED CHARITABLE ORGANIZATIONS. THE HOSPITAL FOR SPECIAL SURGERY PROVIDES WORLD CLASS CARE TO ITS PATIENTS BY HELPING THEM REGAIN THEIR MOBILITY, WHILE ALSO ADVANCING RESEARCH INITIATIVES TO EXPLORE NEW TREATMENTS FOR ORTHOPEDIC AND RHEUMATOLOGIC CONDITIONS. THE HOSPITAL FOR SPECIAL SURGERY IS RECOGNIZED FOR ITS EXCELLENCE IN PATIENT CARE AND IS CONSISTENTLY TOP-RANKED BY US NEWS AND WORLD REPORTS IN ITS SPECIALTIES. THE HOSPITAL FOR SPECIAL SURGERY IS ALSO RECOGNIZED AS A MAGNET HOSPITAL FOR EXCELLENCE IN NURSING SERVICE. IN 2018, HSS FUND INC. PROVIDED SERVICES TO THE HOSPITAL ENABLING IT TO RAISE APPROXIMATELY $90 MILLION IN FUNDS FOR CAPITAL, RESEARCH, ENDOWMENT, EDUCATIONAL AND OPERATING PURPOSES. IN 2018, HSS FUND INC. ALSO CONTRIBUTED APPROXIMATELY $358,000 TO OTHER CHARITABLE ORGANIZATIONS. 3938656 true true false false false false false false false false true true false false true false false true false true true false false true true false false true false true false false false false false false false false true false false false false true true true false false true 0 0 36 true false true CJ EI false false false true true false false false false false false X 45 41 false false true false false false false true true false false true true true true true true true true false CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC ND OR PA SC TN UT WI X MARC GOULD 2126061323 535 EAST 70TH STREET New York NY 10021 Steven Haas - Left 2018 Member/Attending Physician 0.2 11.77 X 0 161468 45441 Joel Press Member/Physiatrist-in-Chief 0.2 49.8 X 0 847654 70971 Thomas Sculco Member/Attending Physician 0.2 18.21 X 0 104518 49916 Edwin Su - Join 2018 Member/Attending Physician 0.2 49.8 X 0 130350 54440 James M Benson Member 0.04 0.39 X 0 0 0 Daniel C Benton Member 0.19 1.7 X 0 0 0 Herbert Black Member 0.04 0.39 X 0 0 0 Michael Brooks Member 0.14 1.22 X 0 0 0 Kathryn Chenault Member 0.07 0.63 X 0 0 0 Charles Coleman III Member 0.11 1.02 X 0 0 0 Leslie Cornfeld Member 0.1 0.91 X 0 0 0 Cynthia Foster Curry Member 0.44 3.97 X 0 0 0 Barrie M Damson Member 0.1 0.87 X 0 0 0 James G Dinan Member 0.36 3.21 X 0 0 0 Anne Ehrenkranz Member 0.32 2.89 X 0 0 0 Michael Esposito Vice-Chair 0.51 4.62 X X 0 0 0 Marina Kellen French Member 0.07 0.63 X 0 0 0 Giammaria Giuliani - Join 2018 Member 0.04 0.31 X 0 0 0 Craig Ivey Member 0.38 3.4 X 0 0 0 Winfield P Jones Member 0.07 0.67 X 0 0 0 Warren Kanders Member 0.04 0.39 X 0 0 0 Scott Kapnick Member 0.27 2.45 X 0 0 0 Monica Keany Member 0.12 1.12 X 0 0 0 Thomas J Kelly Member 0.26 2.37 X 0 0 0 David H Koch - Left 2018 Member 0.03 0.23 X 0 0 0 Sacha Lainovic Member 0.09 0.84 X 0 0 0 Laurie Hodges Lapeyre Member 0.55 4.95 X 0 0 0 Pablo Legorreta Member 0.1 0.89 X 0 0 0 Lara Lerner Member 0.06 0.57 X 0 0 0 Kathy Leventhal Member 0.21 1.91 X 0 0 0 Marylin B Levitt Member 0.07 0.67 X 0 0 0 Thomas H Lister Co-Chair 1.66 14.94 X X 0 0 0 Alan S MacDonald Member 0.21 1.9 X 0 0 0 David McCormick Member 0.19 1.7 X 0 0 0 Mary Kathryn Navab Member 0.16 1.39 X 0 0 0 Terrence O'Toole Member 0.53 4.77 X 0 0 0 Gordon Pattee Member 0.07 0.67 X 0 0 0 Steven Rattner Member 0.18 1.66 X 0 0 0 Susan W Rose Member 0.07 0.67 X 0 0 0 Jonathan Sobel Member 0.47 4.26 X 0 0 0 Deirdre Stanley Member 0.35 3.18 X 0 0 0 Robert K Steel Co-Chair - CHG FROM MBR 4/18 1.84 16.53 X X 0 0 0 Patricia G Warner Member 0.5 4.51 X 0 0 0 Sanford I Weill Member 0.04 0.39 X 0 0 0 Kendrick R Wilson III Chair,Emeritus-CHG FROM CH 18' 0.72 6.45 X X 0 0 0 Ellen M Wright Member 0.33 2.94 X 0 0 0 Louis A Shapiro President & CEO 9.0 51.0 X X 491174 2783319 81611 Stacey Malakoff Executive VP & CFO 1.8 58.2 X 59100 1910884 68348 Irene Koch Exec VP & Chief Legal Officer 3.0 57.0 X 40988 778760 59320 Catherine Callagy Sr.VP & Chief Develop. Officer 60.0 0.0 X 501034 0 56584 Holly Menzie Executive Director, Principal 60.0 0.0 X 219347 0 21733 Alessandra Garber Sr. Director, Development 60.0 0.0 X 203727 0 20174 Jill Nevins Director, Development 60.0 0.0 X 200378 0 23943 Benjamin Neihart Sr.Dir,Dev Research Spec. Proj 45.0 15.0 X 147409 49137 14239 Reesa Kaufman Sr. Dir, FND & Gov Relations 60.0 0.0 X 187070 0 18759 Robin Merle Former Sr.VP & Chief Dev Off 0.0 0.0 X 454373 0 0 2504600 6766090 585479 14 true true false AMERICAN MUSUEM OF NATURAL HISTORY CENTRAL PARK WEST 79TH STREET NEW YORK NY 10024 Venue & Catering SRV 509700 COMMUNITY COUNSELING SVC CO PO BOX 824885 PHILADELPHIA PA 191824885 FUND RAISING SVCS 346500 TWO SHADES OF GREY 3 KIDDS CAVE RD BRANFORD CT 06405 PRINT & DESIGN SRV 286485 JS MCCARTHY CO INC 15 DARIN DR AUGUSTA ME 04330 Print Service 206291 ASPEN LEADERSHIP GROUP LLC PO BOX 1212 ASPEN CO 81612 STAFFING SVCS 187335 10 6726474 5809418 3201850 12535892 PURCHASED SERVICE REVENUE 900099 7995034 7995034 7995034 965209 965209 0 0 0 0 0 13879529 13223909 655620 655620 655620 462640 6726474 1497705 -1035065 -1035065 0 0 0 0 0 0 0 21116690 7995034 585764 3938656 3938656 0 0 0 1620510 608519 1011991 0 3152582 3152582 0 1028277 349110 679167 309749 105163 204586 208732 208732 11336 11336 47850 47850 0 0 426000 426000 57056 57056 697848 365929 331919 0 326970 326970 0 0 1444074 1444074 124928 124928 0 0 0 0 52879 52879 0 DIRECT MAIL 301011 301011 MISCELLANEOUS EXPENSES 367550 367550 14116008 3938656 1806574 8370778 3942955 6249697 0 0 468141 180093 0 0 0 0 0 0 0 0 0 0 0 0 932131 586941 296896 345190 47004113 46880449 28020768 30644144 0 0 0 0 2012896 1451856 81745769 85751429 2077361 1655324 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24212988 23311830 26290349 24967154 X 54987279 60604182 468141 180093 0 0 55455420 60784275 81745769 85751429 X 7000682 -2549651 877824 X false true X true false X 8502605 9719119 8472275 9886114 12535892 49116005 0 0 8502605 9719119 8472275 9886114 12535892 49116005 1347180 47768825 2357812 2380231 2450874 534652 965209 8688778 0 405379 428997 334386 445300 462640 2076702 59881485 33079002 0.79772 0.81112 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 147304 114405 32899 784827 472536 312291 345190 ALTERNATIVE INVESTMENTS 30644144 F 30644144 0 DUE TO AFFILIATES 23311830 23311830 Central America and the Caribbean 1 Investments 100000 1 1 100000 100000 false false true false false false SCHEDULE F, PART I, LINE 3(1), COLUMN F TOTAL ASSETS ARE $128,070,060 AND TOTAL LIABILITIES ARE $127,970,060. X X X X X true KEVIN FISH 32 VIETS ROAD SANDISFIELD MA 01255 DM-CONSULT/ REPORTING false 926618 79500 847118 EVENT ASSOCIATES INC 162 WEST 56TH ST SUITE 405 NEW YORK NY 10019 CONSULTING/ SOLICIT false 3977424 71853 3905571 EXCEL SPORTS MANAGEMENT 1700 BROADWAY 29TH FL NEW YORK NY 10019 Consulting false 495423 53944 441479 COMMUNITY COUNSELLING SER VICE CO 527 MADISON AVENUE 5TH FL NEW YORK NY 10022 Consulting false 0 346500 0 5399465 551797 5194168 AL AK AZ CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI GALA 3977424 3782024 195400 165670 259230 30000 246399 AUTUMN 1138283 1061423 76860 87048 50293 4 2073407 1883027 190380 235545 93418 32930 297172 7189114 6726474 462640 488263 352648 62930 593864 1497705 -1035065 true THE NY SOC FOR THE REL OF RUP & CRPL MAINT 535 EAST 70TH STREET NEW YORK NY 10021 131624135 501(c)(3) 2415284 ACADEMIC TRAINING & PEDIATRIC OUTREACH UNITED HOSPITAL FUND 1411 BROADWAY 12TH FL NEW YORK NY 10018 131562656 501(c)(3) 42000 GENERAL SUPPORT LUPUS RESEARCH ALLIANCE 275 Madison Ave10th Fl NEW YORK NY 10016 582492929 501(c)(3) 35000 GENERAL SUPPORT HEALTHCARE CHAPLAINCY INC 65 BROADWAY 12FL NEW YORK NY 10006 132634080 501(c)(3) 30000 GENERAL SUPPORT FOCOS ORTHOPEDIC & REHABILITATION INSTITUTE 226 E 54TH STSUITE 306 NEW YORK NY 10022 134047356 501(c)(3) 25000 GENERAL SUPPORT LINCOLN CENTER FOR PERFORMING ARTS INC 70 Lincoln Center Plaza NEW YORK NY 10023 131847137 501(C)(3) 25000 General Support PARK AVENUE ARMORY 643 Park Avenue NEW YORK NY 10065 134086800 501(c)(3) 25000 GENERAL SUPPORT STAMFORD HOSPITAL FOUNDATION 1351 Washington Blvd Stamford CT 06902 060646917 501(C)(3) 25000 GENERAL SUPPORT NY PRESBYTERIAN HOSPITALWEILL CORNELL MEDICINE 341 PINE TREE ROAD ITHACA NY 14850 150532082 501(C)(3) 20000 GENERAL SUPPORT THE AMERICAN AUSTRIAN FOUNDATION (AAFSALZBURG COR 150 E 42ND ST29TH FL NEW YORK NY 10017 133275103 501(c)(3) 15000 GENERAL SUPPORT PALM BEACH CIVIC ASSOCIATION INC 139 N County RD STE33 Palm Beach FL 33480 590542089 501(c)(3) 12500 GENERAL SUPPORT VISITING NURSE SERVICE OF NY 107 East 70th Street NEW YORK NY 10021 133189926 501(c)(3) 12500 GENERAL SUPPORT NEW YORK LANDMARKS CONSERVANCY INC One Whitehall Street NEW YORK NY 10004 237181785 501(c)(3) 10000 GENERAL SUPPORT ARTHRITIS FOUNDATION NY CHAPT 122 E 42nd St18th FL New York NY 10168 135630148 501(c)(3) 10000 GENERAL SUPPORT ASPHALT GREEN INC 555 E 90TH ST NEW YORK NY 10128 136533158 501(c)(3) 10000 GENERAL SUPPORT CRUTCHES 4 KIDS 1350 AVE OF AMERICAS4FL NEW YORK NY 10019 271039186 501(c)(3) 10000 GENERAL SUPPORT PREP FOR PREP 328 West 71st Street New York NY 10023 132613383 501(c)(3) 10000 GENERAL SUPPORT USA SWIMMING FOUNDATION 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 204264282 501(c)(3) 10000 GENERAL SUPPORT DOMINICAN CONVENT OF OUR LADY OF THE ROSARY 175 Route 340 Sparkill NY 10976 141340103 501(C)(3) 8000 GENERAL SUPPORT HSS PROPERTIES CORPORATION 535 East 70th Street New York NY 10021 133246249 501(c)(3) 1165872 FLORIDA EXPANSION 20 SCHEDULE I, PART I, LINE 2 HSS FUND, INC. IS ORGANIZED FOR THE PURPOSE OF RAISING FUNDS TO SUPPORT THE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES OF ITS TAX EXEMPT AFFILIATE, THE HOSPITAL FOR SPECIALSURGERY, AND OTHER HEALTH CARE-RELATED CHARITABLE ORGANIZATIONS.THE CONTRIBUTIONS MADE TO AFFILIATES ARE TO BE USED FOR THE INTENDED PURPOSE. THE CONTRIBUTIONS GIVEN TO THE OUTSIDE ORGANIZATIONS ARE FOR GENERAL PURPOSES. X X X X true false false false true false true false false Steven Haas - Left 2018 Member/Attending Physician 0 122129 0 0 0 39339 0 11700 0 33741 0 206909 0 0 Joel Press Member/Physiatrist-in-Chief 0 606426 0 62500 0 178728 0 20625 0 50346 0 918625 0 0 Thomas Sculco Member/Attending Physician 0 63827 0 0 0 40691 0 7200 0 42716 0 154434 0 0 Edwin Su - Join 2018 Member/Attending Physician 0 75707 0 0 0 54643 0 8550 0 45890 0 184790 0 0 Louis A Shapiro President & CEO 222246 1259393 263520 1493280 5408 30646 3713 21038 8529 48331 503416 2852688 0 0 Stacey Malakoff Executive VP & CFO 34029 1100258 23968 774971 1103 35655 743 24008 1308 42289 61151 1977181 0 0 Irene Koch Exec VP & Chief Legal Officer 26119 496254 14805 281286 64 1220 1031 19594 1935 36760 43954 835114 0 0 Catherine Callagy Sr.VP & Chief Develop. Officer 431579 0 48329 0 21126 0 20625 0 35959 0 557618 0 0 0 Holly Menzie Executive Director, Principal 213273 0 5909 0 165 0 8674 0 13059 0 241080 0 0 0 Alessandra Garber Sr. Director, Development 203580 0 0 147 0 8242 0 11932 0 223901 0 0 0 Jill Nevins Director, Development 199583 0 0 795 0 8233 0 15710 0 224321 0 0 0 Benjamin Neihart Sr.Dir,Dev Research Spec. Proj 143223 47741 4031 1344 155 52 764 255 9915 3305 158088 52697 0 0 Reesa Kaufman Sr. Dir, FND & Gov Relations 181424 0 5403 0 243 0 -14175 0 32934 0 205829 0 0 0 Robin Merle Former Sr.VP & Chief Dev Off 0 0 0 0 454373 0 0 0 0 0 454373 0 0 0 SCHEDULE J, PART I, LINE 4A Robin Merle, former Senior Vice President & Chief Development Officer, received severance pay of $428,653 which is included in SCHEDULE J, PART II, COLUMN (III). Severance payments began last quarter 2017 and ended December 2018. SCHEDULE J, PART I, LINE 5B CERTAIN EMPLOYED PHYSICIANS LISTED ON PART VII, SECTION A, LINE 1A RECEIVE COMPENSATION IN PART, BASED ON PROFESSIONAL SERVICE REVENUE GENERATED FROM SERVICES THEY PERSONALLY PERFORMED IN THEIR INDIVIDUAL PRACTICES. IN 2018, NO PHYSICIAN WAS PAID COMPENSATION CONTINGENT UPON ORGANIZATION'S OVERALL REVENUE OR NET EARNINGS. SCHEDULE J, PART I, LINE 6B PERFORMANCE BASED INCENTIVE AWARDS ARE PAID TO OFFICERS AND KEY EMPLOYEES BASED ON A NUMBER OF IMPORTANT QUALITY, SATISFACTION EFFICIENCY, AND FINANCIAL MEASURES, OF WHICH ACHIEVING BUDGET IS A FACTOR. X 24 3201849 FMV false true false FORM 990, SECTION C THE HOSPITAL FOR SPECIAL SURGERY FUND, INC. ALSO DOES BUSINESS UNDER ASSUMED NAMES "HSS FOUNDATION"HOSPITAL FOR SPECIAL SURGERY FOUNDATION". FORM 990, PART VI, SECTION A - LINE 4 "Significant changes to gov Docs" (A) Changes related to Board Composition - The changes increase the maximum Board size from 45 Trustees to 50 Trustees. - To comply with New York Not-for-Profit Corporation Law ("NPCL") requirements, the quorum for the Board was increased to nine (9) members in the event the Board consists of more than 45 members. (B) Changes related to NPCL Requirements and Updates to the NYS Non-Profit Revitalization Act of 2013 - The changes provide that Trustees who are present at Board or committee meetings, but not present during voting due to conflicts of interest or related party transactions, will be considered present for purposes of determining that a quorum is present. - The changes specify that with respect to officer compensation, the interested parties may not be present at Board or committee deliberations or votes concerning the compensation, but are permitted to provide information prior to the commencement of deliberations or voting. - The changes state that HSS employees may not serve as the Chair of the Board, unless approved by the Board by a two-thirds vote of the entire Board. - The changes provide that members of the Executive Committee must be elected by vote of a majority of the entire Board, and in the event the Board consists of 30 members or more, by no less than three-quarters of the Trustees present at the time of the vote. - The changes specify certain additional matters over which neither the Executive Committee nor any other committee may have jurisdiction, including, for example, filling vacancies on the Board of Trustees or removing officers or Trustees. (C) Change related to Ex Officio Member - The change provides that the surgeon who served as the immediate past Director of the Orthopedic Trauma Service of the Hospital for Special Surgery/New York Presbyterian Hospital continues to serve as a non-voting, ex officio trustee on the Board of Trustees through the second succeeding annual meeting following his/her replacement by a new surgeon in that title. (D) Change related to Term Limits for Class of 2019 - The change provides that, instead of being limited to three consecutive five year terms of service, the Trustees in the Class of 2019 who have served for three consecutive five year terms of service shall be limited to four consecutive five year terms of service and shall be eligible to serve as elected Trustees through the Class of 2024 without the need for a year to pass after their third consecutive five year term of service. - The change provides that, instead of being limited to three consecutive five year terms of service, the Trustees in the Class of 2019 who have served for three consecutive five year terms of service shall be limited to four consecutive five year terms of service and shall be eligible to serve as elected Trustees through the Class of 2024 without the need for a year to pass after their third consecutive five year term of service. FORM 990, PART VI, SECTION B - LINE 11B The form 990 is prepared by an outside independent accounting firm. Prior to submitting the Form 990 to the Internal Revenue Service (IRS), there is an established process for review of the document in its entirety by the governing body whose evaluations are made in the best interest of HSS Fund, Inc. The Form 990 is first reviewed with the Executive Compensation Committee of the Board of Trustees. The reviewed Form 990 is then submitted to the full Board of Trustees. The trustees are provided a copy of the Form 990 via compact disc prior to submission of the form. In addition, significant areas of Form 990 are discussed at a Board of Trustees meeting. FORM 990, PART VI, SECTION B - LINE 12C ON AN ANNUAL BASIS, FINANCIAL INTEREST DISCLOSURE STATEMENTS ARE SENT TO ALL BOARD MEMBERS, OFFICERS, MEDICAL STAFF, AND MANAGEMENT. THE CONFLICT OF INTEREST POLICY ALSO REQUIRES THAT INDIVIDUALS DISCLOSE ANY CHANGES TO THE OFFICE OF CORPORATE COMPLIANCE WITHIN 30 DAYS. THE INFORMATION RECEIVED IS ENTERED INTO A DATABASE AND REVIEWED FOR POTENTIAL CONFLICTS OF INTEREST. THE DATABASE INFORMATION IS ALSO REVIEWED BY THE EXECUTIVE VICE PRESIDENT FOR LEGAL AFFAIRS, THE CHIEF EXECUTIVE OFFICER, AND THE AUDIT AND CORPORATE COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES. IN ADDITION TO SENDING DISCLOSURE STATEMENTS DIRECTLY TO THE GROUP NOTED ABOVE, INDUSTRY WEBSITES ARE MONITORED FOR DISCLOSURES RELATED TO EMPLOYEES OF HSS FUND, INC. THIS INFORMATION IS ENTERED INTO THE DATABASE, AS WELL. HSS FUND, INC. HAS A CONFLICT OF INTEREST TASK FORCE THAT MEETS THREE TIMES A YEAR, OR AS NECESSARY, TO REVIEW AND UPDATE THE CONFLICTS OF INTEREST POLICIES AND PROCEDURES. HSS' POLICY ON CONFLICT OF INTEREST IN DAY-TO-DAY OPERATIONS STATES THAT IF HSS IS CONTEMPLATING A TRANSACTION WHICH MIGHT POSSIBLY BENEFIT (OR APPEAR TO BENEFIT) A COVERED PERSON OR ANY MEMBER OF HIS/HER IMMEDIATE FAMILY, THEN THE POTENTIAL BENEFIT OR CONFLICT MUST BE DISCLOSED TO, AND APPROVED BY, A DISINTERESTED OFFICER OF HSS BEFORE THE TRANSACTION MAY PROCEED. ACCORDINGLY, A COVERED PERSON MAY NOT PLACE BUSINESS WITH ANY THIRD PARTY (E.G., A VENDOR, COMPETITOR, OR OTHER ORGANIZATION) IN WHICH THAT PERSON OR ANY MEMBER OF HIS/HER IMMEDIATE FAMILY HAS AN INTEREST, UNLESS THAT INTEREST IS DISCLOSED TO, AND THE TRANSACTION IS APPROVED BY, THE VICE PRESIDENT FOR CORPORATE COMPLIANCE AND INTERNAL AUDIT ("CORPORATE COMPLIANCE OFFICER"). FORM 990, PART VI, SECTION B - LINE 15A & 15B HSS Fund, Inc. is committed to ensuring that its Executive Compensation Program adheres to the highest standards of regulatory compliance and best corporate governance. The HSS Fund, Inc. Board has charged the Compensation Committee (which is composed of independent Board members with no conflicts of interest in regard to executive compensation) with making all decisions related to compensation for officers and key employees. The Committee retains an independent compensation consultant to assist it in this process. Compensation levels are established considering data for functionally comparable roles in comparable organizations, an assessment of performance, and other business judgment factors, consistent with HSS Fund, Inc.'s executive compensation philosophy. The Committee's decisions are made in the best interests of HSS Fund, Inc., and are intended to ensure the recruitment and retention of key executive talent, consistent with the market practices of other not-for-profit health care organizations of comparable mission and complexity, CONSIDERING BOTH LOCAL AND NATIONAL MARKETCHALLENGES IN SUCH REGARD. On an annual basis (including 2018), the Committee provides the full Board with an overview of its determinations and process. HSS Fund, Inc. established this process in an effort to comply with the intermediate sanctions guidelines for qualifying for the rebuttable presumption of reasonableness, AS WELL AS BEST CORPORATE GOVERNANCE PRACTICES IN ENSURING THE TRANSPARENCY OF THE EXECUTIVE COMPENSATION DECISION-MAKING PROCESS WITH THE BOARD. FORM 990, PART VI, SECTION B - LINE 19 HSS FUND, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST FROM THE OFFICE OF LEGAL AFFAIRS. FORM 990, PART XI, LINE 9- "OTHER CHANGES IN NET ASSETS OR FUND BALANCES" INCLUDES BALANCE TRANSFER TO HSS PROPERTIES AND EXPENSE RECLASS OF $1,165,872, AND NET ASSETS RELEASED FROM RESTRICTIONS OF ($288,048). NY SOC REL RUPT CRIPLD MAINTAING HSS 535 EAST 70TH STREET NEW YORK NY 10021 131624135 health care NY 501(C)(3) 3 NA true HSS PROPERTIES CORPORATION 535 EAST 70TH STREET NEW YORK NY 10021 133246249 REAL ESTATE NY 501(C)(3) 12 TYPE II HSS FUND INC true HSS HORIZONS INC 535 EAST 70TH STREET NEW YORK NY 10021 134152131 RESEARCH SUPP NY 501(C)(3) 12 TYPE I HSS FUND INC true TJA ORTHOPEDIC SURGERY PC 535 EAST 70TH STREET NEW YORK NY 10021 815178969 HEALTH CARE NY 501(C)(3) 10 HSS true HSS ASC OF MANHATTAN LLC 1233 2ND AVE NEW YORK NY 10065 471353602 HEALTH CARE NY NA N/A HSS WESTSIDE ASC LLC 600 WEST 58TH STREET NEW YORK NY 10019 814351390 HEALTH CARE NY NA N/A HSS-FL PHYSICIANS LLC 535 EAST 70TH STREET NEW YORK NY 10021 824502169 HEALTH CARE FL NA N/A MEDICAL INDEMNITY ASSURANCE COMPANY LTD 535 EAST 70TH STREET NEW YORK NY 10021 981050215 self-indemnity CJ HSS FUND INC C 22203281 128070060 1.00000 true HSS VENTURES 535 EAST 70TH STREET NEW YORK NY 10021 061624300 hlth care service NY HSS FUND INC C 0 0 1.00000 true CHARITABLE REMAINDER TRUSTS (5) INVEST/CHARITY NY NA T false POOLED INCOME FUND (1) INVEST/CHARITY NY NA T false CHARITABLE GIFT ANNUITY (24) INVEST/CHARITY NY NA T false CHARITABLE TRUST (3) INVEST/CHARITY NA T false false true false false false true false false false false true true false false true true false true false HOSPITAL FOR SPECIAL SURGERY B 2415284 FMV HOSPITAL FOR SPECIAL SURGERY K 1444074 FMV HOSPITAL FOR SPECIAL SURGERY L 6981613 FMV HOSPITAL FOR SPECIAL SURGERY P 2736504 FMV HOSPITAL FOR SPECIAL SURGERY R 5000000 FMV HSS PROPERTIES CORPORATION B 1165872 FMV MEDICAL INDEMNITY ASSURANCE COMPANY LTD F 5000000 FMV PART IV, LINE (6), COLUMN (C) LEGAL DOMICILE INCLUDES NEW YORK AND MICHIGAN PART V, LINE 1o The amounts for sharing of paid employees with related organization(s) are included in line L, performance of services or membership or fundraising solicitations for related organization.