2014-05-09T14:35:28-05:00 2013-06-30 861065772 DELOITTE TAX LLP 1111 BAGBY STREET SUITE 4500 HOUSTON TX 770022591 990 2012-07-01 710568795 ARKANSAS CHILDREN'S HOSPITAL FOUNDATION INC ARKA 5013642555 1 CHILDRENS WAY LITTLE ROCK AR 72202 FRED SCARBOROUGH 5013641419 2014-05-09 1 BROOKE KITCHEN P00849302 7139822000 2012 2015-11-30 17:44:51Z FRED SCARBOROUGH 1 CHILDRENS WAY LITTLE ROCK AR 72202 55818470 0 X WWW.ARCHILDRENS.ORG X 1982 AR MAKING FRIENDS AND RAISING FUNDS IN SUPPORT OF ARKANSAS CHILDREN'S HOSPITAL AND RESEARCH INSTITUTE. 36 34 60 499 0 0 21586182 22018755 0 0 4317203 9772626 39625 101947 25943010 31893328 17810158 13334536 0 0 3347136 3629678 325164 349600 5729787 1691967 1750509 23174425 19064323 2768585 12829005 229469970 274074275 1733769 1675790 227736201 272398485 THE MISSION OF THE ARKANSAS CHILDREN'S HOSPITAL FOUNDATION IS TO MAKE FRIENDS AND RAISE FUNDS IN SUPPORT OF ARKANSAS CHILDREN'S HOSPITAL AND ARKANSAS CHILDREN'S HOSPITAL RESEARCH INSTITUTE. 0 0 13334536 13334536 10100640 ARKANSAS CHILDREN'S HOSPITAL FOUNDATION IS THE FUNDRAISING ARM FOR ARKANSAS CHILDREN'S HOSPITAL AND ITS RELATED INSTITUTIONS, INCLUDING THE ARKANSAS CHILDREN'S HOSPITAL RESEARCH INSTITUTE. THE FOUNDATION'S MISSION IS TO MAKE FRIENDS AND RAISE FUNDS TO SUPPORT ARKANSAS CHILDREN'S HOSPITAL AND THE ARKANSAS CHILDREN'S HOSPITAL RESEARCH INSTITUTE, THUS ENHANCING PATIENT CARE, RESEARCH, EDUCATION AND PREVENTION. 13334536 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 35 0 1 60 1 0 0 0 0 0 1 1 0 0 0 0 X 36 34 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 AK AL AZ CO DE GA LA MI MS NH NJ NY OK X GENA WINGFIELD 5013642555 1 CHILDRENS WAY LITTLE ROCK AR 72202 FRED SCARBOROUGH 40.00 0.00 X X 210556 0 22377 MYRNA ADAMS 0.10 0.00 X 0 0 0 PAT ALLEN 0.20 0.00 X 0 0 0 RITTER ARNOLD 0.40 0.00 X 0 0 0 SHARON BALE 0.30 0.00 X 0 0 0 JONATHAN BATES MD 3.00 41.10 X X 0 539488 83959 GINGER BLACKMON 0.40 0.50 X 0 0 0 FRANCES BUCHANAN 0.20 0.00 X 0 0 0 WILLIAM CLARK 0.10 0.00 X 0 0 0 ROBERT G CRESS 0.20 0.00 X 0 0 0 CHUCK ERWIN III 0.30 0.90 X 0 0 0 HAYDEN FRANKS MD 0.20 0.00 X 0 0 0 SHARILYN GASAWAY 0.10 0.30 X 0 0 0 ROBIN GEORGE 0.30 0.00 X 0 0 0 BILL HANNAH 0.10 0.00 X 0 0 0 ANNE A HICKMAN 0.30 0.00 X 0 0 0 JENNIFER JAMESON 0.10 0.00 X 0 0 0 JASON LAFRANCE 0.10 0.00 X 0 0 0 SHARON LAMB 0.20 0.00 X 0 0 0 MARK LARSEN 0.10 0.00 X 0 0 0 TINA BOWERS LEE 0.10 0.00 X 0 0 0 JIM MCCLELLAND 0.20 0.00 X 0 0 0 BARBARA MOORE 0.30 1.60 X 0 0 0 CINDY MURPHY 0.10 0.00 X 0 0 0 MARSHALL NEY 0.30 0.00 X 0 0 0 ROBERT PORTER MD 0.10 0.10 X 0 0 0 TERRY QUINN 0.30 0.90 X 0 0 0 SARA M RICHARDSON 0.10 0.00 X 0 0 0 MARK SAVIERS 0.10 1.30 X 0 0 0 PATRICK SCHUECK 0.40 0.00 X 0 0 0 BELINDA SHULTS 0.30 0.00 X 0 0 0 JENNIFER SMITH 0.40 0.00 X 0 0 0 CAROL STEPHENS 0.10 0.00 X 0 0 0 WITT STEPHENS 0.00 0.00 X 0 0 0 STEPHEN L STRANGE 0.10 0.00 X 0 0 0 CELIA SWANSON 0.20 0.00 X 0 0 0 CHARLES B WHITESIDE III 0.50 1.10 X X 0 0 0 TOM WOMACK 0.20 0.00 X 0 0 0 KATHY FRIEND 40.00 0.00 X 25373 0 2527 JENNIFER CARLISLE 40.00 0.00 X 119554 0 13552 JENNIFER SELIG 40.00 0.00 X 103349 0 5191 JOHN BEL 0.10 0.00 X 189621 0 0 648453 539488 127606 4 1 1 0 CHILDREN'S MIRACLE NETWORK 205 WEST 700 SOUTH SALT LAKE CITY UT 84101 FUNDRAISING SERVICES 279701 LUTHER KING CAPITAL MANAGEMENT 301 COMMERCE ST 1600 FORT WORTH TX 76102 INVESTMENT MANAGEMENT FEES 216530 FOUNDATION RESOURCE MANAGEMENT INC 401 W CAPITOL AVE 503 LITTLE ROCK AR 72201 INVESTMENT MANAGEMENT FEES 187528 KIRKWOOD DIRECT LLC 904 MAIN STREET WILMINGTON MA 01887 FUNDRAISING SERVICES 164723 4 73028 3745150 2136172 16064405 383225 22018755 5981706 5981706 152455 152455 181700 6141 175559 175559 175559 27268761 23472554 5287 3796207 -5287 3790920 3790920 215093 3745150 441160 -226067 -226067 31893328 10100640 0 -226067 13334536 13334536 620289 620289 2386687 2386687 408315 408315 214387 214387 2509 2509 5160 5160 349600 349600 603813 603813 178258 178258 416942 416942 71715 71715 4487 4487 102763 102763 15271 15271 99091 99091 35751 35751 MINOR EQUIPMENT 73722 73722 DUES AND SUBSCRIPTIONS 53793 53793 DONOR RELATIONS & RECOG 50045 50045 37189 37189 19064323 13334536 0 5729787 4463150 26042911 14003693 14631543 44736 34448 3258768 409995 2864316 2848773 198204490 219956523 60895 46683 9828690 10513394 229469970 274074275 1733769 1675790 1733769 1675790 X 148568927 183533163 48775939 52901870 30391335 35963452 227736201 272398485 229469970 274074275 X 12829005 7187268 24646011 X 0 1 X 1 0 X 14369765 18076952 26154853 21586182 22018755 102206507 14369765 18076952 26154853 21586182 22018755 102206507 3491470 98715037 4989426 4620053 5182994 5175906 6315861 26284240 128490747 0.76830 0.74870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 200654120 32684072 13901853 3229066 244010979 189980687 14337563 2028546 5692676 200654120 161715286 10101382 23891712 5727693 189980687 145964751 12053113 14382271 10684849 161715286 155593081 7376026 -14689919 2314437 145964751 0.73000 0.14000 0.13000 0 0 284833 145163 139670 219516 206220 13296 2400000 354419 58612 2695807 2848773 PART III, LINE 1A: THE ARTWORK CONTRIBUTED TO ACHF IN FY09 APPRAISED FOR $238,200 AND INCLUDED APPROXIMATELY 1,000 WORKS ON PAPER BY 77 ARTISTS. PART III, LINE 4: THE ARTWORK, WHICH WAS CONTRIBUTED TO ACHF IN FY09, APPRAISED FOR $238,200 AND INCLUDED APPROXIMATELY 1,000 WORKS ON PAPER BY 77 ARTISTS. THE ARTWORK MAY BE DISPLAYED IN VARIOUS LOCATIONS THROUGHOUT THE HOSPITAL. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: EARNINGS FROM ENDOWMENT FUNDS ARE USED TO SUPPORT HOSPITAL PROGRAMS AND RESEARCH. X X X X X X 1 CHILDREN'S MIRACLE NETWORK 205 WEST 700 SOUTH SALT LAKE CITY UT 84101 PAYMENTS FOR FUNDRAISING EXPENSES 0 4004789 378492 3626297 KIRKWOOD DIRECT 904 MAIN ST WILMINGTON MA 01887 CONTRACTED DONOR CONTACT 0 326600 104683 221917 CI PARTNERS DIRECT 4484 MARKET STREET SUITE 302 VENTURA CA 93003 CONTRACTED DONOR CONTACT 0 142937 30217 112720 CONFLUENT IMPACT COMMUNICATIONS 7300 HUDSON BLVD SUITE 270 ST PAUL MN 55128 CONTRACTED DONOR CONTACT 0 122717 71536 51181 4597043 584928 4012115 AR AK AL AZ CO DE GA ID IN IA LA MI MS MT NE NV NH NJ NY OK SD TX WY VT GOLF TOURNAMENT 830483 666292 164191 4733 18059 RADIOTHON 228471 228471 248 8658 1861 2901289 2850387 50902 32036 377426 3960243 3745150 215093 37017 404143 441160 -226067 EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) PAYMENTS FOR FUNDRAISING EXPENSES FOR VARIOUS GRASSROOTS FUNDRAISING ACTIVITIES, INCLUDING ICON SALES, COIN COLLECTIONS, MEDIA CAMPAIGNS, TELEVISION MARKET FEES, AND GOLF TOURNAMENTS WHICH ARE HELD AT CHILDREN'S MIRACLE NETWORK HOSPITALS (CMNH) NATIONAL SPONSOR LOCATIONS. INCLUDES EXPENSES RELATED TO ALL CMNH ACTIVITIES, INCLUDING CMNH DISBURSEMENT AND ACHF RUN CMNH ACTIVITIES. SCHEDULE G, PART I, LINE 2B, COLUMN (III): FOR THE MAJORITY OF CONTRIBUTIONS RECEIVED AS A RESULT OF CMNH, CONFLUENT, CI PARTNERS DIRECT, AND KIRKWOOD DIRECT FUNDRAISING EFFORTS, ACHF MAINTAINS CUSTODY AND CONTROL OF THE FUNDS. THERE IS A PORTION, HOWEVER, THAT CMNH CONTROLS THAT IS RECEIVED THROUGH DIRECT DISBURSEMENT. SCHEDULE G, PART I, LINE 2B, COLUMN (IV): INCLUDES REVENUE RECEIVED FROM CMNH DIRECT DISBURSEMENT TO ACHF OF $2,009,858 AS WELL AS REVENUE OF $1,994,931 GENERATED THROUGH ACHF RUN CMNH ACTIVITIES WHERE THE INCOME IS RECEIVED BY ACHF DIRECTLY FROM DONORS. 1 ARKANSAS CHILDREN'S HOSPITAL 1 CHILDRENS WAY LITTLE ROCK AR 72202 710236857 501(C)(3) 11648678 GENERAL SUPPORT ARKANSAS CHILDREN'S HOSPITAL RESEARCH INSTITUTE 13 CHILDRENS WAY LITTLE ROCK AR 72202 710694931 501(C)(3) 1685858 RESEARCH 2 0 ARKANSAS CHILDREN'S HOSPITAL FOUNDATION DOES NOT ROUTINELY MAKE MONETARY GRANTS TO OTHER ORGANIZATIONS OR INDIVIDUALS, AND THEREFORE REFERENCE TO THESE MONITORING PROCEDURES IS NOT APPLICABLE. ASSISTANCE IS PROVIDED PRIMARILY TO RELATED TAX-EXEMPT ORGANIZATIONS IN FURTHERANCE OF THEIR EXEMPT PURPOSES. X X 1 1 X X X X 0 1 0 0 0 0 0 1 0 FRED SCARBOROUGH 199269 0 11000 0 287 0 12340 0 10037 0 232933 0 0 0 JONATHAN BATES MD 0 467993 0 65000 0 6495 0 76656 0 7303 0 623447 0 0 JOHN BEL 178346 0 9000 0 2275 0 0 0 0 0 189621 0 0 0 PART I, LINE 1A CHARTER TRAVEL IS USED BY ACH AND FOUNDATION BOARD MEMBERS (OCCASIONALLY SPOUSES) AND STAFF FOR FUNDRAISING WHEN IT IS DEEMED THE MOST EFFICIENT METHOD OF TRAVEL TO DISTANT AREAS WITHIN THE STATE OR TO SURROUNDING STATES. PART I, LINE 4B ONE ACHF OFFICER AND DIRECTOR IS AN EMPLOYEE OF ARKANSAS CHILDREN'S HOSPITAL (ACH), A RELATED ORGANIZATION. ACH HAS SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS TO PROVIDE EXECUTIVES WITH RETIREMENT AND DEATH BENEFITS. THE PLAN IS INTENDED TO CONSTITUTE AN UNFUNDED PLAN FOR A SELECT GROUP OF MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES WITHIN THE MEANING OF TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED. DURING THE 2012 TAX YEAR, THE FOLLOWING ACHF REPORTABLE INDIVIDUAL WAS ELIGIBLE TO PARTICIPATE: JONATHAN BATES, M.D. PART I, LINE 7: A BONUS TO RECOGNIZE PERFORMANCE, PAID AT THE DISCRETION OF THE BOARD OF DIRECTORS, WAS PAID BASED ON CRITERIA INCLUDING PERFORMANCE AND PERIOD OF TIME WORKED DURING THE FISCAL YEAR. FOR ALL EMPLOYEES LISTED AS KEY EMPLOYEES OR OFFICERS, THE BONUS WAS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE. X 12 103771 STOCK MARKET VALUE X 27 6861 COST X 2 4346 FMV X AUCTION ITEMS 1048 262980 SALE PRICE X SUPPLIES 15 5267 COST 0 1 1 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): FOR PURPOSES OF THIS SCHEDULE, ARKANSAS CHILDREN'S HOSPITAL FOUNDATION IS REPORTING THE QUANTITIES IN COLUMN B BASED ON THE NUMBER OF CONTRIBUTIONS, NOT ON THE NUMBER OF ITEMS CONTRIBUTED, IN ACCORDANCE WITH OUR RECORD KEEPING PRACTICES. THIRD PARTY USE: PART I, LINE 32B: WHEN APPLICABLE, REALTORS ARE USED TO SELL DONATED PROPERTIES AND INVESTMENT COMPANIES ARE USED TO LIQUIDATE DONATED SECURITIES. FORM 990, PART VI, SECTION A, LINE 1 DURING THE INTERVALS BETWEEN THE MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE POSSESSES AND MAY EXERCISE ALL POWERS AND FUNCTIONS OF THE BOARD OF DIRECTORS IN THE DIRECTION OF THE AFFAIRS OF THE CORPORATION IN ALL CASES WHERE SPECIFIC DIRECTIONS HAVE NOT HAVE BEEN GIVEN BY THE BOARD OF DIRECTORS. IN ADDITION TO EXERCISING THE FOREGOING INTERIM POWERS, THE EXECUTIVE COMMITTEE EXCLUSIVELY EXERCISES THE BOARD'S AUTHORITY, PURSUANT TO A.C.A. SECTION 4-33-825(D), WITH RESPECT TO THE FOLLOWING: (A) TO MANAGE, INVEST, AND REINVEST THE FUNDS AND PROPERTY OF THE CORPORATION, TO SELECT AND EMPLOY BROKERS, INVESTMENT ADVISORS AND FUND MANAGERS, AND TO SUPERVISE THE PERFORMANCE THEREOF, AND GENERALLY TO EXERCISE THE INVESTMENT FUNCTION AND POWERS OF THE BOARD; (B) TO ESTABLISH THE CORPORATION'S ANNUAL BUDGETS, TO MONITOR INCOME AND EXPENSES IN COMPARISON TO BUDGET, TO BORROW FUNDS FOR PURPOSES THAT SEEM IN THE BEST INTEREST OF THE CORPORATION, AND GENERALLY TO EXERCISE THE FINANCE FUNCTION AND POWERS OF THE BOARD; (C) TO PURCHASE REAL OR PERSONAL PROPERTY ON THE CREDIT OF THE CORPORATION, AND IN CONNECTION WITH SUCH PURCHASE, OR IN CONNECTION WITH OTHER BORROWINGS OF THE CORPORATION, TO AUTHORIZE THE CORPORATION'S OFFICERS TO EXECUTE AND DELIVER PROMISSORY NOTES OR OTHER EVIDENCES OF INDEBTEDNESS OF THE CORPORATION, AND TO MORTGAGE OR PLEDGE CORPORATE PROPERTY TO SECURE PAYMENT OF SUCH INDEBTEDNESS, AND TO REPAY SUCH INDEBTEDNESS; AND, (D) TO APPLY THE UNRESTRICTED FUNDS OF THE CORPORATION TO OR FOR THE BENEFIT OF ARKANSAS CHILDREN'S HOSPITAL AND ARKANSAS CHILDREN'S HOSPITAL RESEARCH INSTITUTE, INC., AND TO MAKE ALL RELATED DETERMINATIONS SUBJECT TO THE APPROVAL OF THE ACH BOARD. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE FOLLOWING: THE CHIEF EXECUTIVE OFFICER OF ACH, WHO IS ALSO THE CHAIRMAN OF THE FOUNDATION BOARD OF DIRETORS; SIX (6) MEMBERS OF THE ACH BOARD; ONE (1) MEMBER OF THE ARKANSAS CHILDREN'S HOSPITAL RESEARCH INSTITUTE BOARD; AND THREE AT LARGE DIRECTORS WHO ARE NOMINATED BY THE EXECUTIVE COMMITTEE OF THE FOUNDATION AND WHO ARE ELECTED TO THE EXECUTIVE COMMITTEE BY THE ACH BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE FOUNDATION'S SOLE MEMBER IS ARKANSAS CHILDREN'S HOSPITAL (ACH). FORM 990, PART VI, SECTION A, LINE 7A ARKANSAS CHILDREN'S HOSPITAL IS THE SOLE MEMBER OF THE ARKANSAS CHILDREN'S HOSPITAL FOUNDATION. THE MEMBER HAS THE RIGHT TO ELECT ALL DIRECTORS OF THE FOUNDATION, AND HAS THE RIGHT TO REMOVE AND REPLACE ANY AND ALL DIRECTORS OF THE FOUNDATION WITH OR WITHOUT CAUSE WHENEVER, IN ITS BEST JUDGMENT, THE BEST INTERESTS OF THE CORPORATION WILL BE SERVED. FORM 990, PART VI, SECTION A, LINE 7B ARKANSAS CHILDREN'S HOSPITAL (ACH) IS THE SOLE MEMBER OF THE ARKANSAS CHILDREN'S HOSPITAL FOUNDATION. THE MEMBER MUST APPROVE ANY AMENDMENTS TO THE FOUNDATION'S ARTICLES OF INCORPORATION AND BYLAWS. ALL RIGHTS OF THE MEMBER WITH RESPECT TO THE FOUNDATION ARE EXERCISED THROUGH THE BOARD OF DIRECTORS OF ACH. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990, WHICH IS RECONCILED TO THE FOUNDATION'S INTERNAL FINANCIAL STATEMENTS AND THE ARKANSAS CHILDREN'S HOSPITAL CONSOLIDATED AUDIT REPORT, IS INITIALLY REVIEWED IN DETAIL WITH THE FOUNDATION'S PRESIDENT AND SENIOR VICE PRESIDENT. SUBSEQUENTLY, THE DRAFT FORM 990 IS REVIEWED IN DETAIL WITH BOTH THE SVP/CFO AND VP OF FINANCIAL OPERATIONS OF ARKANSAS CHILDREN'S HOSPITAL. IF THE REVIEW BY THE FOUNDATION BOARD'S MANAGEMENT RESULTS IN REVISIONS TO THE FORM 990, THOSE REVISIONS ARE MADE, AND THE FORM 990 TO BE FILED IS PROVIDED TO THE ENTIRE BOARD PRIOR TO THE RETURN BEING FILED. IN ADDITION, THE FORM 990 TO BE FILED IS PROVIDED TO BOTH THE CHAIRMAN OF THE BOARD AND THE TREASURER OF ARKANSAS CHILDREN'S HOSPITAL. THE COMPLETE FORM 990 IS PROVIDED TO ALL PARTIES UNLESS, TO HONOR THE REQUEST OF A DONOR, WE MUST REDACT PERSONAL INFORMATION ABOUT THEM TO PROTECT THEIR ANONYMITY. DURING THE 2012 TAX YEAR, WE HAVE ANSWERED "NO" TO THIS QUESTION DUE TO A REQUEST FOR DONOR ANONYMITY. THE COMPLETE FORM 990, WITH THE EXCEPTION OF THE DONOR'S NAME AND ADDRESS ON SCHEDULE B, WAS PROVIDED TO THE FOUNDATION BOARD FOR REVIEW. THE REST OF THE REVIEW PROCESS, AS DETAILED ABOVE, WAS FOLLOWED. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION BOARD IS GOVERNED BY THE ARKANSAS CHILDREN'S HOSPITAL'S BOARD OF DIRECTORS CONFLICT OF INTEREST POLICY. ANNUAL DISCLOSURE OF CONFLICTS IS REQUIRED OF ALL BOARD MEMBERS. THE ANNUAL DISCLOSURES ARE REVIEWED BY THE FOUNDATION'S PRESIDENT AND BY THE FOUNDATION BOARD'S CHAIRMAN. DISCLOSURES ARE ALSO RECEIVED BY BOTH THE SVP/CFO AND VP OF FINANCIAL OPERATIONS OF ARKANSAS CHILDREN'S HOSPITAL FOR REPORTING PURPOSES. DURING THE YEAR, WHILE BOARD MEMBERS MAY PARTICIPATE IN INITIAL DISCUSSION, BOARD MEMBERS WHO HAVE A CONFLICT ARE PROHIBITED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS IN THE RELATED TRANSACTION AND ABSTAIN FROM VOTING, WHICH IS NOTED IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE FOUNDATION'S PRESIDENT, SENIOR VICE PRESIDENT, AND VICE PRESIDENT IS REVIEWED BY THE ARKANSAS CHILDREN'S HOSPITAL BOARD COMPENSATION COMMITTEE WHICH IS ESTABLISHED THROUGH THE BYLAWS OF ARKANSAS CHILDREN'S HOSPITAL TO DISCHARGE THE DUTY OF THE BOARD IN FULFILLING ITS OVERSIGHT RESPONSIBILITIES FOR DETERMINING THE ADEQUACY AND REASONABLENESS OF THE COMPENSATION PAID THE CEO AND OTHER EMPLOYEES THAT THE COMMITTEE BELIEVES ARE IN A POSITION TO EXERCISE A SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF THE HOSPITAL AND ITS RELATED ORGANIZATIONS. THE COMMITTEE IS COMPOSED OF MEMBERS WHO PERSONALLY RECEIVE NO COMPENSATION, FEES, OR OTHER BENEFITS FROM THE HOSPITAL OR RELATED ORGANIZATIONS. THE COMMITTEE MAY RELY UPON REASONED WRITTEN OPINIONS OF QUALIFIED LEGAL, ACCOUNTING, VALUATION AND EXECUTIVE COMPENSATION EXPERTS. THE COMMITTEE HAS THE SOLE AUTHORITY TO RETAIN AND TERMINATE ANY SPECIAL ADVISORS USED TO ASSIST IN THE EVALUATION OF COMPENSATION. THE COMMITTEE CONTEMPORANEOUSLY, WITH MAKING ITS DETERMINATION OF REASONABLENESS WITH RESPECT TO THE COMPENSATION OF DISQUALIFIED PERSONS, DOCUMENTS IN A WRITTEN REPORT TO THE EXECUTIVE COMMITTEE AND THE BOARD, THE BASIS FOR ITS DECISIONS. SALARY RANGES FOR THE NOTED POSITIONS WERE REVIEWED IN DETAIL WITH EXTERNAL COMPENSATION CONSULTANTS IN FY13. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AS REQUIRED. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: ACH FUNDS INVESTED THROUGH ACHF: 20,000,000. TRANSFER OF NET ASSETS TO ANNUITY RESERVE: -3,989. ACHRI FUNDS INVESTED THROUGH ACHF: 4,650,000. ARKANSAS CHILDREN'S HOSPITAL 1 CHILDRENS WAY LITTLE ROCK AR 72202 710236857 HOSPITAL AR 501(C)(3) LINE 3 N/A 0 ARKANSAS CHILDREN'S HOSPITAL RESEARCH INSTITUTE 13 CHILDRENS WAY LITTLE ROCK AR 72202 710694931 RESEARCH AR 501(C)(3) LINE 11A, I ARKANSAS CHILDREN'S HOSPITAL 0 ARKANSAS CHILDREN'S HOSPITAL BUILDING RESEARCH FACILITY INC 1 CHILDRENS WAY LITTLE ROCK AR 72202 911940376 BUILDING MANAGEMENT AR 501(C)(3) LINE 11A, I ARKANSAS CHILDREN'S HOSPITAL 0 ARKANSAS CHILDREN'S HOSPITAL AUXILIARY 1 CHILDRENS WAY LITTLE ROCK AR 72202 710606585 FUNDRAISING AR 501(C)(3) LINE 11A, I ARKANSAS CHILDREN'S HOSPITAL 0 HOSPITAL FINANCE CORPORATION 1 CHILDRENS WAY LITTLE ROCK AR 72202 710443671 COLLECTIONS AR N/A C 0 CHILDREN'S HEALTHCARE SYSTEM INC 1 CHILDRENS WAY LITTLE ROCK AR 72202 586304957 MANAGEMENT SERVICES AR N/A C 0 CHILDREN'S HEALTH NETWORK INC 1 CHILDRENS WAY LITTLE ROCK AR 72202 710797428 MANAGEMENT SERVICES AR N/A C 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 0 1 0 1 1