2019-09-05T10:25:40-05:00 2018-12-31 204749363 ISLER MEDFORD LLC 839 ALDER CREEK DR MEDFORD OR 97504 990 2018-01-01 930691238 ASHLAND COMMUNITY HOSPITAL FOUNDATION ASHL 5412014014 280 MAPLE STREET ASHLAND OR 97520 ED COLSON PRESIDENT 5412014014 2019-08-30 1 CAROLYN M RYDER P00033827 5417797641 68.185.29.106 2019-08-30 16:14:57 PD P C6CA4EB6BBC819622DBFD2909E508DD367AEE9FC CBB68C2FD1FEC16478FC0384E1D393BA9C95F8D5 2018 2019-02-21 02:37:17Z JANET TROY 280 MAPLE STREET ASHLAND OR 97520 6542827 0 X WWW.ACHFOUNDATION.ORG X 1977 OR SEE SCHEDULE O - PAGE 36 FOR FOUNDATION MISSION STATEMENT.OUR MISSION IS TO SOLICIT, STEWARD AND GRANT FUNDS TO SUPPORT ASANTE ASHLAND COMMUNITY HOSPITAL.VISION INSPIRING PHILANTHROPY TO ENHANCE ASANTE ASHLAND COMMUNITY HOSPITAL SERVICES.VALUES WE ACHIEVE OUR VISION AND LIVE OUR MISSION BY VALUING:*PASSION FOR ASANTE ASHLAND COMMUNITY HOSPITAL AND COMMUNITY HEALTH;*GENEROSITY WITH CHARITABLE GIFTS, TIME, AND EXPERTISE;*STEWARDSHIP IN THE MANAGEMENT OF ASSETS ENTRUSTED TO OUR CARE;*STRATEGIC PARTNERSHIP WITH ASANTE ASHLAND COMMUNITY HOSPITAL, ASANTE AND COMMUNITY MEMBERS;*ADVOCACY TO RAISE THE PROFILE OF ASANTE ASHLAND COMMUNITY HOSPITAL AS AN HONORED INSTITUTION IN THE COMMUNITY; *INDEPENDENCE FOR ASHLAND COMMUNITY HOSPITAL FOUNDATION 11 1 0 0 178500 0 426433 946264 33084 34076 236467 606641 178772 179040 874756 1766021 300795 520805 0 0 0 0 0 0 0 229783 233894 530578 754699 344178 1011322 7664567 7729377 137445 126333 7527122 7603044 X OUR MISSION IS TO SOLICIT, STEWARD AND GRANT FUNDS TO SUPPORT ASANTE ASHLAND COMMUNITY HOSPITAL. 0 0 520805 520805 433307 SEE SCHEDULE O - REPORTED NET OF UNUSED GRANTS. 10418 34076 THROUGH EFFORTS OF ASHLAND COMMUNTIY 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. 531223 1 1 0 0 0 1 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 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 1 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 0 0 0 OR X X REID HANNA JOHNSON & COMPANY LLC 5414823711 1101 SISKIYOU BLVD ASHLAND OR 97520 X KAREN AMAROTICO DIRECTOR 2.00 X 0 0 0 LINDA BUTLER DIRECTOR 2.00 X 0 0 0 KAREN DRESCHER DIRECTOR 2.00 X 0 0 0 ERIC HERRON DIRECTOR 2.00 X 0 0 0 LAUREL KIICHLI DIRECTOR 2.00 X 0 0 0 SHARON LASKOS DIRECTOR 2.00 X 0 0 0 JANE STROMBERG DIRECTOR 2.00 X 0 0 0 TRICIA HAHN DIRECTOR 2.00 X 0 0 0 ED COLSON TREASURER 2.00 X 0 0 0 JOY DOBSON WAY PRESIDENT 2.00 X 0 0 0 MARGIE LININGER SECRETARY 2.00 X 0 0 0 0 0 0 0 0 0 0 0 946264 946264 RENT OF MED FACILITIES 531390 34076 34076 34076 173874 173874 178500 0 178500 178500 178500 5209573 4776806 432767 432767 432767 MISCELLANEOUS INCOME 561000 540 540 540 1766021 467383 178500 173874 418030 418030 102775 102775 34466 34466 42648 42648 2362 2362 8868 8868 4007 4007 OTHER OPERATING EXPENSE 129018 129018 OTHER RENTAL EXPENSE 6411 6411 BOARD RECOGNITION AND D 6114 6114 754699 531223 223476 0 9486 56607 410305 180235 10187 406451 3520 2297 569243 87987 485263 481256 6745806 6602531 7664567 7729377 4941 7217 2854 132504 116262 137445 126333 X 2550887 2424932 1587461 1447717 3388774 3730395 7527122 7603044 7664567 7729377 X 1011322 -929954 319153 -324599 X X 0 1 X 1 0 X 619650 338671 393209 426433 946264 2724227 619650 338671 393209 426433 946264 2724227 2724227 396797 379418 381511 409601 386990 1954317 4678544 0.58230 0.67660 X 1 102775 2667247 0 0 0 3821054 60458 -189473 140883 23291 3527865 3502232 31616 443049 133652 22191 3821054 3397601 10972 230966 115555 21752 3502232 3209768 263285 53852 21600 3397601 2839646 296350 166889 32833 38256 22028 3209768 0 0 411472 411472 157771 87987 69784 481256 MUTUAL FUNDS 6432776 F UNITRUST ASSETS 169755 F 6602531 ANNUITY OBLIGATION 113662 DEPOSITS 2600 116262 X 1151731 -929954 319153 -3489 -614290 1766021 0 1766021 1075809 321110 321110 754699 0 754699 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. 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, 2018, 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 2015, 2016, AND 2017 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 -3,489. 0 ASANTE ASHLAND COMMUNITY HOSPITAL 280 MAPLE STREET ASHLAND OR 97520 418030 FMV FUNDING PROVIDED TO ASSIST WITH: EQUIPMENT PURCHASES, GENERAL EDUCATION, AND HOSPICE CARE. NURSING SCHOLARSHIPS AWARDED 33 102775 FMV X ACH ADMIN/OFFICE SPACE 1 296147 FMV X OTHER SERVICES/GIFTS 28 23006 COMPARABLE SALES 0 1 0 Form 990, Part I, Line 1 ASHLAND COMMUNITY HOSPITAL FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (AND SIMILAR PROVISIONS OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW). THE FOUNDATION SHALL HAVE THE FOLLOWING POWERS: (1) TO ASSIST, ENCOURAGE, PROMOTE AND ADVANCE THE QUALITY OF CARE, TREATMENT AND REHABILITATION OF THE SICK, AFFLICTED, INFIRM AND INJURED PATIENTS OF ASANTE ASHLAND COMMUNITY HOSPITAL, ASHLAND, OREGON. (2) TO FURTHER THE CHARITABLE, SCIENTIFIC, EDUCATIONAL AND SERVICE ACTIVITIES OF ASANTE ASHLAND COMMUNITY HOSPITAL. (3) TO SUPPORT ASANTE ASHLAND COMMUNITY HOSPITAL, ITS OBJECTIVES AND PROJECTS BY APPROPRIATE REPRESENTATIONS TO THE PUBLIC WITH RESPECT TO THE HOSPITAL'S NEEDS, MISSION AND REQUIREMENTS AND TO SOLICIT FUNDS FOR ITS USE IN PROVIDING THE MEDICAL AND HOSPITAL FACILITIES NEEDED IN THE GENERAL COMMUNITY SERVED BY ASANTE ASHLAND COMMUNITY HOSPITAL. (4) TO ACCEPT DONATIONS, GRANTS, BEQUESTS AND DEVISES FROM ANY SOURCES, AND TO ACCEPT PROPERTY OF ALL KINDS APPROPRIATE TO FOUNDATION PURPOSES. (5) TO FACILITATE, ASSIST, ENCOURAGE, SUPPORT, PROMOTE AND ADVANCE THE PHYSICAL, MENTAL AND EMOTIONAL HEALTH OF PERSONS WITHIN THE GEOGRAPHIC AREA SERVED BY ASANTE ASHLAND COMMUNITY HOSPITAL THROUGH ANY LAWFUL ACTIVITIES, WHICH ARE AUTHORIZED UNDER THE LAWS APPLICABLE TO OREGON NONPROFIT CORPORATIONS WHICH ARE NOT PROHIBITED UNDER ARTICLE III OF THE ARTICLES OF INCORPORATION. (6) TO DO AND PERFORM SUCH OTHER ACTS AS MAY BE NECESSARY OR APPROPRIATE FOR CARRYING OUT THE FOREGOING PURPOSES OF THE CORPORATION AND IN CONNECTION THEREWITH TO ENGAGE IN ANY LAWFUL ACTIVITY AUTHORIZED BY THE OREGON NONPROFIT CORPORATION LAW AND NOT PROHIBITED BY THE ARTICLES OF INCORPORATION OR SECTION 2 OF THIS ARTICLE. Form 990, Part III, Line 4a PROGRAM SERVICE ACCOMPLISHMENTS A. CARDIAC AND CANCER CARE - A BEQUEST FROM THE ELMER C. BIEGEL FAMILY FOUNDATION SUPPORTED THE PURCHASE OF THREE EKG MACHINES TO SERVICE PATIENTS IN THE EMERGENCY DEPARTMENT AND IN THE INTENSIVE CARE UNIT. AN ECHOCARDIOGRAM BED WAS ALSO PURCHASED FOR DIAGNOSTIC IMAGING TO SUPPORT PATIENTS WHO NEED AN ULTRASOUND OF THE HEART $31,340 B. CAREGIVER FUND - PROCEEDS FROM LOUIE'S RESTAURANT PARTNERSHIP, AS WELL AS EMPLOYEE CONTRIBUTIONS SUPPORTED THE PURCHASE OF A NEW PIGG-O-STAT USED FOR THE IMAGING OF PEDIATRIC PATIENTS. IN ADDITION, BASKETS WERE PURCHASSED AND INSTALLED IN ALL INPATIENT ROOMS TO HOLD PATIENT CALL BUTTONS. THE FAMILY BIRTH CENTER RECEIVED A ROLL-A-WAY BED TO SUPPORT PARTNERS OF LABORING MOTHERS $6,095 C. CHARITY CARE - DONOR DESIGNATED CONTRIBUTIONS SUPPORTED CHARITY CARE FOR INPATIENTS AND MEDICATION ASSISTANCE FOR PATIENTS IN NEED $1,218 D. DIAGNOSTIC IMAGING - PROCEEDS FROM LIGHTS FOR LIFE AND THE PATRONS CAMPAIGN SUPPORTED THE PUCHASE OF A NEW DEXA SCANNER AND RELATED EQUIPMENT FOR THE IMAGING DEPARTMENT. DONOR DESIGNATED GIFTS SUPPORTED MAMMOGRAPHY PADS FOR WOMEN'S IMAGING AND UPDATES TO THE ULTRASOUND CHANGING ROOM $53,892 E. DIETARY - EMPLOYEE CONTRIBUTIONS SUPPORTED THE PURCHASE OF NEW EQUIPMENT FOR THE DEPARTMENT $309 F. EMERGENCY DEPARTMENT - PROCEEDS FROM LIGHTS FOR LIFE AND THE PATRONS CAMPAIGN HELPED CREATE AND FURNISH A SPECIAL EKG ROOM IN THE EMERGENCY DEPARTMENT. CONTRIBUTIONS WERE ALSO USED TO PUCHASE A NEW REFRIGERATOR FOR THE DEPARTMENT $ 18,485 G. EMPLOYEE ASSISTANCE FUND - EMPLOYEE AND OTHER INDIVIDUAL CONTRIBUTIONS SUPPORTED ASANTE ASHLAND COMMUNITY HOSPITAL EMPLOYEES IN NEED OF FINANCIAL ASSISTANCE DUE TO A HARDSHIP $10,300 H. EVANS NURSING SCHOLARSHIPS - DONOR DESIGNATED GIFTS HAVE ENHANCED OUR ENDOWED SCHOLARSHIP FUND FOR NURSING STUDENTS IN THE ROGUE VALLEY. LAST YEAR THE WILLIAM G. AND RUTH T. EVANS ENDOWED NURSING SCHOLARSHIP WAS AWARDED TO SEVENTEEN NURSING STUDENTS ENROLLED AT OREGON HEALTH SCIENCE UNIVERSITY (ASHLAND CAMPUS) AND ROGUE COMMUNITY COLLEGE. AN ADDITIONAL 16 GRADUATES OF THE LICENSED PRACTICAL NURSE PROGRAM AT ROGUE COMMUNITY COLLEGE RECEIVED A SCHOLARSHIP TO COVER THE COST OF THE STATE APPLICATION EXAM FEES $102,775 I. FACILITIES - DONOR DESIGNATED GIFTS SUPPORTED BEAUTIFICATION OF HOSPITAL GROUNDS $2,450 J. FAMILY BIRTH CENTER - DONOR DESIGNATED GIFTS SUPPORTED THE PURCHASE OF NEW BIRTHING GOWNS FOR LABORING MOTHERS, FIVE DVD PLAYERS FOR PATIENT ROOMS, AS WELL EXPENSES RELATED TO THE PURCHASE OF SIX NEW FETAL MONITOR CARTS $7,229 K. GREATEST NEEDS - PROCEEDS FROM LIGHTS FOR LIFE AND THE PATRONS CAMPAIGN SUPPORTED THE PURCHASE OF A NEW DEXA SCANNER FOR DIAGNOSTIC IMAGING. ADDITIONAL CONTRIBUTIONS WERE USED TO SUPPORT LEAN TRAINING FOR LEADERS AT THE VIRGINIA MASON INSTITUTE IN SEATTLE, WASHINGTON $34,781 L. HOLBROOK FUND - DONOR DESIGNATED CONTRIBUTIONS SUPPORTED THE PURCHASE OF SIX FETAL MONITOR CARTS AND NEW BIRTHING GOWNS FOR THE FAMILY BIRTH CENTER. IN THE MEDICAL SURGICAL UNIT, DONATIONS HELPED RENOVATE THE DEPARTMENT STAFF BREAK ROOM. FOUR NEW RECLINERS WERE ALSO PURCHASED FOR THE INTENSIVE CARE UNIT. IN THE EMERGENCY DEPARTMENT CONTRIBUTIONS SUPPORTED THE PURCHASE OF A NEW ENT CART, AS WELL AS A RENOVATION OF THE DEPARTMENT STAFF BREAK ROOM $77,099 M. HOLISTIC PATIENT CARE - A GRANT FROM THE CARRICO FAMILY FOUNDATION AND OTHER DONOR DESIGNATED GIFTS SUPPORTED MASSAGE THERAPY FOR INPATIENTS. AN ADDITIONAL CONTRIBUTION FROM THE ASANTE ASHLAND COMMUNITY HOSPITAL GIFT SHOP PROCEEDS SUPPORTED MUSIC AND MASSAGE THERAPY SERVICES $15,815 N. HOSPICE - A BEQUEST FROM RUTH T. EVANS AND DONOR DESIGNATED GIFTS SUPPORTED THE CREATION OF THE EVANS FAMILY COMFORT ROOM TO CARE FOR PATIENTS WHO ARE NEAR THE END OF THEIR LIFE AND ARE UNABLE TO BE DISCHARGED FROM THE HOSPITAL. CONTRIBUTIONS ALSO HELPED SUPPORT MASSAGE THERAPY, AS WELL AS THE PURCHASE OF MATERIALS TO CREATE QUILTS FOR PATIENTS IN THE COMFORT ROOM $70,056 O. INNOVATION FUND - PROCEEDS FROM LIGHTS FOR LIFE AND THE PATRONS CAMPAIGN ALLOWED TWO ASANTE ASHLAND COMMUNITY HOSPITAL LEADERS TO ATTEND THE CREATIVITY CONFERENCE AT SOUTHERN OREGON UNIVERSITY $990 P. INTENSIVE CARE UNIT - CONTRIBUTIONS FROM LIGHTS FOR LIFE AND THE PATRONS CAMPAIGN SUPPORTED THE ONGOING MAINTENANCE OF TELEHEALTH EQUIPMENT $16,705 Q. MEDICAL SURGICAL UNIT - CONTRIBUTIONS SUPPORTED A PORTION OF THE PURCHASE OF AIRWAY AND RESUSCITATION BOXES $380 R. RODDEN SCHOLARSHIP - DONOR DESIGNATED CONTRIBUTIONS TO THE DR. WILLIAM RODDEN SCHOLARSIP FUND ENABLED TWO SURGERY EMPLOYEES TO ATTEND THE AMERICAN ACADEMY OF OPHTHALMOLOGY 2018 CONFERENCE. IT ALSO SUPPORTED A LOCAL SEMINAR FEATURING TOM CRUM, THAT ASANTE ASHLAND COMMUNITY HOSPITAL STAFF ATTENDED $14,782 S. SCHOOL NURSE PROGRAM - GRANTS FROM THE REED AND CAROLEE WALKER FUND OF THE OREGON COMMUNITY FOUNDATION, AND THE SHARKEY FOUNDATION PROVIDED FUNDING FOR NURSING SERVICES TO OVER 1,700 ELEMENTARY SCHOOL CHILDREN IN THE ASHLAND AND TALENT-PHOENIX SCHOOL DISTRICTS. IN ADDITION, THE ASHLAND FOOD COOP AND ASHLAND SHOP-N-KART SUPPLIED HEALTHY SNACKS TO STUDENTS AS PART OF THE "HEALTHY SNACKS: AN ALTERNATIVE TO MEDICATION" PROGRAM $45,730 T. STAFF EDUCATION - GRANTS FROM THE OREGON HEALTH & SCIENCE UNIVERSITY OFFICE OF RURAL HEALTH SMALL HOSPITAL IMPROVEMENT PROGRAM PROVIDED LEAN TRAINING FOR LEADERS AT THE VIRGINIA MASON INSTITUTE IN SEATTLE, WASHINGTON $9,374 U. SURGICAL SERVICES - DONOR DESIGNATED GIFTS HELPED PURCHASE NEW EQUIPMENT TO BENEFIT PATIENTS UNDERGOING ORTHOPEDIC PROCEDURES $1,001 TOTAL PROGRAM SERVICE EXPENSES $520,806 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 AND ITS WORK WITH THE HOSPITAL. 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 A, line 7b FOUNDATION BOARD MEMBERS ARE EXPECTED TO ATTEND MONTHLY BOARD MEETINGS, STANDING COMMITTEES (AS ASSIGNED), AD HOC COMMITTEE MEETINGS (AS APPOINTED) AND SPECIAL EVENTS (AS ANNOUNCED). CONTINUITY OF ATTENDANCE AND PARTICIPATION AS A POLICY MAKER AND PLANNER IS IMPERATIVE FOR SERVING AS A VOTING MEMBER. 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 -3,489. IN-KIND EXPENSES -321,110. FINANCIAL STATEMENT AND AUDIT OVERSIGHT THE OVERSIGHT OR SELECTION PROCESS HAS NOT CHANGED DURING THE YEAR.