2013-01-28T17:29:23-06:00 2011-12-31 ERNST & YOUNG US LLP PO Box 44972 Indianapolis IN 462440972 990 2011-01-01 136714749 The Hospital for Special Surgery Fund Inc % MARC GOULD HOSP 2126061000 535 EAST 70TH STREET NEW YORK NY 10021 Stacey Malakoff 2126061000 2013-01-28 3176817000 2011 2016-02-25 16:41:14Z LOUIS SHAPIRO 535 EAST 70TH STREET NEW YORK NY 10021 11599850 false X www.hss.edu X 1984 NY THE ORGANIZATION'S EXEMPT PURPOSE IS TO RAISE FUNDS TO SUPPORT CHARIT- ABLE, EDUCATIONAL & SCIENTIFIC PURPOSES OF ITS TAX-EXEMPT AFFILIATE THE HOSP FOR SPEC SURG, AND ANY OTHER HLTH CARE RELATED CHARIT ORGS. 43 37 27 44 0 0 4834012 5752159 4807351 5393005 65950 107493 -369116 -383172 9338197 10869485 675063 1141932 0 0 3850586 3984814 0 200000 4510332 1782735 2164297 6308384 7491043 3029813 3378442 30874295 33192096 20389430 19529884 10484865 13662212 X THE ORGANIZATION'S EXEMPT PURPOSE IS TO RAISE FUNDS TO SUPPORT CHARITABLE, EDUCATIONAL & SCIENTIFIC PURPOSES OF ITS TAX-EXEMPT AFFILIATE THE HOSP FOR SPEC SURG, AND ANY OTHER HLTH CARE RELATED CHARITABLE ORGANIZATIONS. false false 1141932 1141932 5393005 THIS 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 ORGANIZATION. 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 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 2011 HSS FUND INC. PROVIDED SERVICES TO THE HOSPITAL, ENABLING IT TO RAISE APPROXIMATELY $38.6 MILLION IN FUNDS FOR CAPITAL, RESEARCH, ENDOWMENT, EDUCATIONAL AND OPERATING PURPOSES. IN 2011, HSS FUND INC. ALSO CONTRIBUTED APPROXIMATELY $243,800 TO OTHER CHARITABLE ORGANIZATIONS. 1141932 true true false true 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 true true false false false false true true true false false true 0 0 27 true false true CJ EI false false false true true false false false false X 43 37 true false true false false false false true true false false true true true true true true true true false AL AZ CA CO DC FL GA HI IL KS KY LA MD MA MI MN MS NH NJ NM NY NC ND OK OR PA SC TN UT WA WI X MARC GOULD 2126061323 535 EAST 70TH STREET New York NY 10021 Mathias Bostrom 0.2 X 0 174686 22570 Jonathan Deland 0.2 X 0 73373 32276 Gregory Liguori 0.2 X 0 509439 47127 Russell Warren 0.2 X 0 77187 28232 Phillip Wilson Jr 6.83 X 87817 0 29637 Atiim Barber 0.02 X James M Benson 0.04 X Daniel C Benton 0.03 X Richard A Brand 0.07 X Peter L Briger Jr 0.14 X Michael Brooks 0.09 X Kathryn Chenault 0.04 X Charles Coleman III 0.11 X Leslie Confeld 0.11 X Cynthia Foster Curry 0.2 X Barrie M Damson 0.35 X James G Dinan 0.1 X Anne Ehrenkranz 0.08 X Michael Esposito 0.06 X Craig Ivey 0.02 X Winfield P Jones 0.04 X Monica Keany 0.04 X Thomas J Kelly 0.11 X David H Koch 0.12 X Lara Lerner 0.04 X Mariylin B Levitt 0.51 X Thomas Lister 0.09 X Alan S MacDonald 0.18 X David M Madden 0.07 X Richard L Menschel 0.68 X Carl F Nathan MD 0.04 X Dean R O'Hare 1.75 X X Aldo Papone 1.75 X X Gordon Pattee 0.04 X Charlton Reynders Jr 0.04 X Susan W Rose 0.31 X William R Salomon 0.2 X Jonathan Sobel 0.22 X Deirdre Stanley 0.15 X Robert K Steel 0.27 X Daniel G Tully 0.83 X X Mrs Douglas A Warner III 0.64 X Torsten N Wiesel MD 0.07 X Kendrick R Wilson III 0.84 X Ellen M Wright 0.32 X Louis A Shapiro 9.0 X X 230225 1324609 58982 Stacey Malakoff 1.8 X 31142 1016921 55133 Constance B Margolin 3.0 X 32242 612600 41609 Deborah Sale 36.0 X 333956 222638 71512 Robin Merle 60.0 X 432864 0 52571 Catherine Bissinger 60.0 X 188269 0 16765 Kevin Indoe 60.0 X 162405 0 62166 Benjamin Neihart 45.0 X 104376 34792 57186 Reesa Kaufman 60.0 X 124811 0 89052 1728107 4046245 664818 8 false true false 3D LEADERSHIP LLC 90 WEST AFTON AVENUE 113 YARDLEY PA 19067 STRATEGY CONSULTING 222569 SMART DESIGN LLC 601 W 26TH SUITE 1820 NEW YORK NY 10001 MARKETING & BRANDING 167890 VENABLE LLP PO BOX 62727 BALTIMORE MD 21264 LOBBYING CONSULTING 150047 SANKY COMMUNICATIONS 589 8TH AVENUE 10TH FLOOR NEW YORK NY 10018 DIRECT MARKETING 122661 4 3287586 2464573 5752159 PURCHASED SERVICE REVENUE 900099 5393005 5393005 5393005 83240 83240 0 0 33724 9471 24253 24253 24253 337722 3287586 720894 -383172 -383172 0 0 0 10869485 5393005 0 -275679 1141932 1141932 0 0 0 715382 715382 0 2280718 2280718 0 811596 193786 617810 177118 42291 134827 185368 185368 2270 2270 73366 73366 137547 137547 200000 200000 16076 16076 636640 433499 203141 0 83531 83531 0 0 497924 9602 488322 25669 25669 0 0 0 0 29592 29592 0 DIRECT MAIL 202684 202684 MISCELLANEOUS EXPENSES 273630 273630 7491043 1141932 1838779 4510332 2499659 3576270 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 566549 372812 203928 193737 14213537 15287048 12924001 12725872 0 0 0 0 1033170 1409169 30874295 33192096 1199489 1247699 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19189941 18282185 20389430 19529884 X 10484865 13662212 0 0 0 0 10484865 13662212 30874295 33192096 X 3378442 -201095 X false true true X false X 5320085 5502311 4553024 4834012 5752159 25961591 5320085 5502311 4553024 4834012 5752159 25961591 25961591 165632 92442 33628 51235 83240 426177 337722 337722 26725490 14962881 0.97142 0.96623 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 137547 false false 137547 false PART II-B, LINE 1G THE HOSPITAL FOR SPECIAL SURGERY FUND ENGAGES A LOBBYING FIRM TO DIRECT ITS EFFORT TOWARD HEALTHCARE INITIATIVES ON BEHALF OF ITSELF AND ITS AFFILIATE, THE NEW YORK SOCIETY FOR THE RELIEF OF THE RUPTURED AND CRIPPLED, MAINTAINING THE HOSPITAL FOR SPECIAL SURGERY. 105853 44238 61615 460696 328574 132122 193737 ALTERNATIVE INVESTMENTS 12725872 F 12725872 0 DUE TO AFFILIATE 18282185 18282185 SCHEDULE D, PART X, LINE 2 NO FOOTNOTE REPORTING FUND INC'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER ASC 740 WAS INCLUDED IN THE 2011 FINANCIAL STATEMENTS REPORTING, AS THERE WAS NO LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER ASC 740. Central America and the Caribbean 0 1 Investment 10000 0 1 0 1 10000 10000 false false true false false false SCHEDULE F, PART I, LINE 3(1), COLUMN F TOTAL ASSETS ARE $81,955,152 AND TOTAL LIABILITIES ARE $81,945,152. X X X X X X true PROJECTS PLUS INC 145 WEST 45TH STREET SUITE 300 NEW YORK NY 10036 CONSULTING/ SOLICIT/DM false 2505138 75000 2430138 SANKY COMMUNICATIONS INC 599 ELEVENTH AVENUE 6TH FLOOR NEW YORK NY 10036 DIRECT MAIL SOLICITING false 693203 110000 583203 GHIORSI SORRENTI INC 50 TICE BLVD WOODCLIFF NJ 07677 CONSULTING false 0 90000 0 3198341 275000 3013341 AL AK AZ AR 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 2505138 2309738 195400 294736 5400 198720 CIRCUS 254995 190113 64882 56016 0 18018 2 865175 787735 77440 83936 4500 59568 3625308 3287586 337722 434688 9900 276306 720894 -383172 true THE NY SOC FOR THE REL OF RUP & CRPL MAINT 535 EAST 70TH STREET NEW YORK NY 10522 131624135 501(c)(3) 898132 ACADEMIC TRAINING & PEDIATRIC OUTREACH UNITED HOSPITAL FUND 350 FIFTH AVENUE-23RD FL NEW YORK NY 10118 131562656 501(c)(3) 30000 GENERAL SUPPORT HEALTHCARE CHAPLAINCY 315 EAST 62ND ST NEW YORK NY 100217767 132634080 501(c)(3) 22500 GENERAL SUPPORT VISITING NURSE SERVICE OF NY 1675 BROADWAY 18TH FL NEW YORK NY 10019 133189926 501(c)(3) 10000 GENERAL SUPPORT FOCOS ORTHOPEDIC AND REHABILITATION INSTITUTE PO BOX 665 LENOX HILL STATION NEW YORK NY 10021 134047356 501(c)(3) 10000 GENERAL SUPPORT ARTHRITIS FOUNDATION NY CHAPTER 122 E 42ND ST18TH FL NEW YORK NY 101681898 135630148 501(c)(3) 40000 GENERAL SUPPORT NEW YORK PRESBYTERIAN WEILL CORNELL 525 E 68TH ST BOX 123 NEW YORK NY 10065 133957095 501(c)(3) 20000 GENERAL SUPPORT AAFSalzburg Cornell Seminars 150 East 42nd Street 29th Floor NEW YORK NY 10017 133275103 501(c)(3) 12500 GENERAL SUPPORT ALLIANCE FOR LUPUS RESEARCH 845 THIRD AVENUE 6TH FL NEW YORK NY 10022 582492929 501(c)(3) 10000 GENERAL SUPPORT SLE LUPUS FOUNDATION 330 SEVENTH AVE SUITE 1701 NEW YORK NY 10001 133060086 501(c)(3) 10000 GENERAL SUPPORT Citizens Budget Commission 1 PENN PLAZA SUITE 640 NEW YORK NY 10119 130576141 501(C)(3) 8000 General Support NATIONAL PARTNERSHIP FOR WOMEN AND FAMILIES 1875 CT AVENW SUITE 650 WASHINGTON DC 20009 237124915 501(c)(3) 7500 GENERAL SUPPORT USA SWIMMING FOUNDATION 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 204264282 501(C)(3) 10000 GENERAL SUPPORT THE NEW YORK ACADEMY OF MEDICINE 1216 FIFTH AVENUE NEW YORK NY 10029 131656674 501(C)(3) 10000 GENERAL SUPPORT INTREPID MUSUEM FOUNDATION INC ONE INTREPID SQ W 46TH ST 12TH FL NEW YORK NY 10036 133062419 501(C)(3) 11000 GENERAL SUPPORT 15 0 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 SPECIAL SURGERY, 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 true true X X X X false false false false true false true false false Mathias Bostrom 0 174686 0 0 0 0 0 16200 0 6370 0 197256 0 0 Gregory Liguori 0 441264 0 67500 0 675 0 22050 0 25077 0 556566 0 0 Louis A Shapiro 153316 868792 71250 403750 5659 52067 2756 15619 6091 34516 239072 1374744 0 0 Stacey Malakoff 20771 671584 9464 306010 907 39327 662 21389 992 32090 32796 1070400 0 0 Constance B Margolin 22805 433289 8573 162881 864 16430 1102 20948 978 18581 34322 652129 0 0 Deborah Sale 229580 153054 103320 68880 1056 704 13230 8820 29677 19785 376863 251243 0 0 Robin Merle 298326 0 88689 0 45849 0 22050 0 30521 0 485435 0 0 0 Catherine Bissinger 183106 0 5000 0 163 0 5773 0 10992 0 205034 0 0 0 Kevin Indoe 152317 0 0 0 10088 0 36471 0 25695 0 224571 0 0 0 Benjamin Neihart 104306 34769 0 0 70 23 34640 11547 8249 2750 147265 49089 0 0 Reesa Kaufman 124724 0 0 0 87 0 64034 0 25018 0 213863 0 0 0 SCHEDULE J, PART I, LINE 1A HOUSING ALLOWANCES WERE PAID TO THE CEO & VP OF DEVELOPMENT AS PER CONTRACT, AND WERE TREATED AS TAXABLE COMPENSATION. 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. NO PHYSICIAN IS PAID COMPENSATION CONTINGENT UPON THE 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. SCHEDULE J, PART II, COLUMN BIII CERTAIN EXECUTIVES RECEIVED A LONG TERM INCENTIVE PAYMENT IN 2010 EARNED OVER A THREE YEAR PERIOD, THUS DISTORTING THE YEAR TO YEAR COMPARISON OF COMPENSATION INFORMATION. American Express SEE PART V SEE PART V false American Express SEE PART V SEE PART V false Fortress Investment Group LLC SEE PART V SEE PART V false SCHEDULE L, PART IV, LINE (1) - AMERICAN EXPRESS Aldo Papone, Co-Chairman of HSS' Board of Trustees, is currently a senior advisor at American Express. The decision to select American Express for the Buyer Initiated Payment Program (BIPP) was made through a competitive bid process and independent of Mr. Papone. Amount of Transaction: $40,513,921 Discription of Transaction: In 2011, HSS paid its participating vendors $40,513,921 through the American Express Buyer Initiated Payment Program (BIPP) . The BIPP is a program negotiated through the Greater New York Hospital Association (GNYHA). Participating vendors have the benefit of getting paid quicker via use of BIPP and in return the participating vendors pay a fee to American Express. HSS receives a rebate based on its percentage of the total amount spent through the GYNHA program. Separately from the BIPP program, HSS incurred business related charges of $270,665 using HSS' American Express corporate cards. SCHEDULE L, PART IV, LINE (2) - AMERICAN EXPRESS Katherine Chenault, a member of HSS' Board of Trustees, is the spouse of Kenneth Chenault, the CEO of American Express. HSS has had a long-standing business relationship with American Express that preceded the date that Mrs.Chenault joined HSS' Board of Trustees. Amount of Transaction: $40,513,921 Discription of Transaction: In 2011, HSS paid its participating vendors $40,513,921 through the American Express Buyer Initiated Payment Program (BIPP) . The BIPP is a program negotiated through the Greater New York Hospital Association (GNYHA). Participating vendors have the benefit of getting paid quicker via use of BIPP and in return the participating vendors pay a fee to American Express. HSS receives a rebate based on its percentage of the total amount spent through the GYNHA program. Separately from the BIPP program, HSS incurred business related charges of $270,665 using HSS' American Express corporate cards. SCHEDULE L, PART IV, LINE (3) - Fortress Investment Group LLC Peter Briger, a member of HSS' Board of Trustees and one of two Co-Chairs of HSS' Investment Committee of the Board of Trustees, is the President and a member of the Board of Directors of Fortress Investment Group, LLC. The HSS Investment Committee is comprised of seven members of HSS' Board of Trustees, including Mr. Briger and another HSS Board member, who serve as Co-Chairs of the Investment Committee. All Investment Committee members participate in the deliberation and determination as to where HSS funds will be invested; further, in addition to the seven voting members of the Investment Committee, there are four individuals who attend the Investment Committee meetings as non-voting advisors. HSS does not invest any funds in Fortress. Amount of Transaction: N/A Discription of Transaction: Neither HSS nor its affiliates invest in Fortress; however, HSS and its affiliates invest a portion of its endowment and pension portfolio in investment funds that may also invest in Fortress and the investment funds in which HSS invests may also receive funds for investment from Fortress. X 19 X 11 241554 FMV X VIDEO 1 42570 FMV 1 false true true Schedule M, Part I, Line 32B All publicly traded securities are administered and sold through JP Morgan Chase, 1111 Polaris Parkway, Suite 3J, OH1-0634, Columbus, OH 43240. Schedule M, Part I, Line 33 HSS Fund, Inc. elected, as permitted under SFAS 116, not to report in its revenue statements and balance sheet work of art. FAMILY OR BUSINESS RELATIONSHIPS FROM 990, PART VI, SECTION A - LINE 2 - DANIEL BENTON, TRUSTEE, AND ANNE EHRENKRANZ, TRUSTEE, HAVE A BUSINESS RELATIONSHIP - GORDON PATTEE, TRUSTEE, AND JAMES DINAN, TRUSTEE, HAVE A BUINESS RELATIONSHIP SIGNIFICANT CHANGES TO GOVERNING DOCUMENTS FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS TO INCLUDE A REVISION TO INCREASE THE MAXIMUM NUMBER OF VOTING BOARD MEMBERS (EXCLUDING EX-OFFICO) FROM 40 TO 45. REVIEW PROCESS FROM 990, PART VI, SECTION B - LINE 11B 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 disk prior to submission of the form. In addition, significant areas of Form 990 are discussed at a Board of Trustees meeting. CONFLICT OF INTEREST POLICY FROM 990, PART VI, SECTION B - LINE 12C ON AN ANNUAL BASIS, FINANCIAL INTEREST DISCLOSURE STATEMENTS ARE SENT TO ALL BOARD MEMBERS, OFFICERS, 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., AND LETTERS ARE SENT TO VENDORS REQUESTING THEY PROVIDE HSS FUND, INC. WITH THE INFORMATION ON ANY RELATIONSHIPS THAT THEY HAVE WITH 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 ("CORPORATE COMPLIANCE OFFICER"). PROCESS FOR DETERMINING COMPENSATION FROM 990, PART VI, SECTION B - LINE 15A & 15B Fund 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 scope, mission, and complexity. On an annual basis (including 2011), 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. DOCUMENTS MADE AVAILABLE TO THE PUBLIC FROM 990, PART VI, SECTION B - LINE 19 HSS Fund, Inc. makes governing documents available to the general public upon request from the Development Office. Conflict of Interest Policy - HSS Fund, Inc. makes its Conflict of Interest Policy available to the general public upon request from the Development Office. Financial Statements - HSS Fund, Inc. makes its audited financial statements available to the general public upon request from the Development Office. HSS Fund, Inc. also provides summarized financial information in its annual report and website. The annual report is distributed throughout the Hospital and patient waiting rooms, and administration offices, and is accessible as a downloadable file from the HSS website. In 2011, the Annual Report was mailed to 4,871 donors, public officials, and other healthcare professionals and organizations. AVERAGE HOURS PER WEEK DEVOTED TO RELATED ORGANIZATIONS FORM 990, PART VII, COLUMN B MATHIAS BOSTROM - MEMBER - 14.41 HRS/WK HSS, .2 HRS/WK HSS PROPERTIES CORP. JONATHAN DELAND - MEMBER - 6.35 HRS/WK HSS, .2 HRS/WK HSS PROPERTIES CORP. GREGORY LIGUORI - MEMBER - 38.50 HRS/WK HSS, .2 HRS/WK HSS PROPERTIES CORP. RUSSELL WARREN - MEMBER - 5.18 HRS/WK HSS, .2 HRS/WK HSS PROPERTIES CORP. PHILLIP WILSON, JR. - MEMBER - .86 HRS/WK HSS, .2 HRS/WK HSS PROPERTIES CORP. ATIIM BARBER - MEMBER - .14 HRS/WK HSS, .01 HRS/WK HSS PROPERTIES CORP. JAMES M. BENSON - MEMBER - .37 HRS/WK HSS, .02 HRS/WK HSS PROPERTIES CORP. DANIEL C. BENTON - MEMBER - .21 HRS/WK HSS, .02 HRS/WK HSS PROPERTIES CORP. RICHARD A. BRAND, MD - MEMBER - .59 HRS/WK HSS, .04 HRS/WK HSS PROPERTIES CORP. PETER L. BRIGER, JR. - MEMBER - 1.15 HRS/WK HSS, .07 HRS/WK HSS PROPERTIES CORP. MICHAEL BROOKS - MEMBER - .75 HRS/WK HSS, .05 HRS/WK HSS PROPERTIES CORP. KATHRYN CHENAULT - MEMBER - .33 HRS/WK HSS, .02 HRS/WK HSS PROPERTIES CORP. CHARLES COLEMAN, III - MEMBER - .96 HRS/WK HSS, .06 HRS/WK HSS PROPERTIES CORP. LESLIE CORNFELD - MEMBER - .89 HRS/WK HSS, .06 HRS/WK HSS PROPERTIES CORP. CYNTHIA FOSTER CURRY - MEMBER - 1.65 HRS/WK HSS, .1 HRS/WK HSS PROPERTIES CORP. BARRIE M. DAMSON - MEMBER - 2.89 HRS/WK HSS, .18 HRS/WK HSS PROPERTIES CORP., .07 HRS/WK HSS HORIZONS INC. JAMES G. DINAN - MEMBER - .88 HRS/WK HSS, .05 HRS/WK HSS PROPERTIES CORP. ANNE EHRENKRANZ - MEMBER - .64 HRS/WK HSS, .04 HRS/WK HSS PROPERTIES CORP. MICHAEL ESPOSITO - MEMBER - .52 HRS/WK HSS, .03 HRS/WK HSS PROPERTIES CORP. CRAIG IVEY - MEMBER - .14 HRS/WK HSS, .01 HRS/WK HSS PROPERTIES CORP. WINFIELD P. JONES - MEMBER - .37 HRS/WK HSS, .02 HRS/WK HSS PROPERTIES CORP. MONICA KEANY - MEMBER - .37 HRS/WK HSS, .02 HRS/WK HSS PROPERTIES CORP. THOMAS J. KELLY - MEMBER - .93 HRS/WK HSS, .06 HRS/WK HSS PROPERTIES CORP. DAVID H. KOCH - MEMBER - .98 HRS/WK HSS, .06 HRS/WK HSS PROPERTIES CORP. LARA LEARNER - MEMBER - .37 HRS/WK HSS, .02 HRS/WK HSS PROPERTIES CORP. MARYLIN B. LEVITT - MEMBER - 4.37 HRS/WK HSS, .26 HRS/WK HSS PROPERTIES CORP. THOMAS LISTER- MEMBER - .75 HRS/WK HSS, .05 HRS/WK HSS PROPERTIES CORP. ALAN S. MACDONALD - MEMBER - 1.55 HRS/WK HSS, .09 HRS/WK HSS PROPERTIES CORP. DAVID M. MADDEN - MEMBER - .59 HRS/WK HSS, .04 HRS/WK HSS PROPERTIES CORP. RICHARD L. MENSCHEL - CHAIRMAN, EMERITUS - 5.74 HRS/WK HSS, .34 HRS/WK HSS PROPERTIES CORP. CARL F. NATHAN - MEMBER - .37 HRS/WK HSS, .02 HRS/WK HSS PROPERTIES CORP. DEAN R. O'HARE - CO-CHAIR - 14.52 HRS/WK HSS, .88 HRS/WK HSS PROPERTIES CORP., .35 HRS/WK HSS HORIZONS INC. ALDO PAPONE - CO-CHAIR - 14.52 HRS/WK HSS, .88 HRS/WK HSS PROPERTIES CORP., .35 HRS/WK HSS HORIZONS INC. GORDON PATTEE - MEMBER - .37 HRS/WK HSS, .02 HRS/WK HSS PROPERTIES CORP. CHARLTON REYNDERS, JR. - MEMBER - .37 HRS/WK HSS, .02 HRS/WK HSS PROPERTIES CORP. SUSAN W. ROSE - MEMBER - 2.66 HRS/WK HSS, .16 HRS/WK HSS PROPERTIES CORP. WILLIAM R. SALOMON - MEMBER - 1.65 HRS/WK HSS, .1 HRS/WK HSS PROPERTIES CORP. JONATHAN SOBEL - MEMBER - 1.85 HRS/WK HSS, .11 HRS/WK HSS PROPERTIES CORP. DEIRDRE STANLEY - MEMBER - 1.26 HRS/WK HSS, .08 HRS/WK HSS PROPERTIES CORP. ROBERT K. STEEL - MEMBER - 2.31 HRS/WK HSS, .14 HRS/WK HSS PROPERTIES CORP. DANIEL G. TULLY - VICE CHAIR - 7.05 HRS/WK HSS, .42 HRS/WK HSS PROPERTIES CORP. MRS. DOUGLAS A. WARNER, III - MEMBER - 5.47 HRS/WK HSS, .32 HRS/WK HSS PROPERTIES CORP. TORSTEN N. WIESEL, MD - MEMBER - .59 HRS/WK HSS, .04 HRS/WK HSS PROPERTIES CORP. KENDRICK R. WILSON - MEMBER - 7.17 HRS/WK HSS, .42 HRS/WK HSS PROPERTIES CORP. ELLEN M. WRIGHT - MEMBER - 2.67 HRS/WK HSS, .16 HRS/WK HSS PROPERTIES CORP. LOUIS A. SHAPIRO - PRESIDENT & CEO - 47.50 HRS/WK HSS, 3.0 HRS/WK HSS PROPERTIES CORP., .5 HRS/WK HSS HORIZONS STACEY MALAKOFF - EVP & CFO - 50.50 HRS/WK HSS, 7.2 HRS/WK HSS PROPERTIES CORP., .5 HRS/WK HSS HORIZONS INC. CONSTANCE B. MARGOLIN-SVP & SECRETARY- 50.50 HRS/WK HSS, 6.0 HRS/WK HSS PROPERTIES CORP., .5 HRS/WK HSS HORIZONS DEBORAH SALE - EVP EXTERNAL AFFAIRS - 21.00 HRS/WK HSS, 3.0 HRS/WK HSS PROPERTIES CORP. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 5 OTHER CHANGES IN NET ASSETS OR FUND BALANCE OF ($201,095) REPRESENTS NET UNREALIZED LOSSES ON INVESTMENTS. NY SOC REL RUPT CRIPLD MAINTAING HSS 535 EAST 70TH STREET NEW YORK NY 10021 131624135 health care NY 501 (C) (3) 3 NA false HSS PROPERTIES CORPORATION 535 EAST 70TH STREET NEW YORK NY 10021 133246249 REAL ESTATE NY 501 (C) (3) 11b HSS FUND INC true HSS HORIZONS INC 535 EAST 70TH STREET NEW YORK NY 10021 134152131 RESEARCH SUPP NY 501 (C) (3) 11B HSS FUND INC true MIAC 535 EAST 70TH STREET NEW YORK NY 10021 981050215 self-indemnity CJ HSS FUND INC C 21712488 81955152 1.00000 HSS VENTURES 535 EAST 70TH STREET NEW YORK NY 10021 061624300 hlth care ser NY HSS FUND INC C 1739 49997 1.00000 CHARITABLE REMAINDER TRUSTS (5) INVEST/CHARITABLE NY NA T POOLED INCOME FUND INVEST/CHARITABLE NY NA T CHARITABLE GIFT ANNUITY (34) INVEST/CHARITABLE NY NA T CHARITABLE TRUST (2) INVEST/CHARITABLE NA T false true false false false false false false false true true false false false true false false true HOSPITAL FOR SPECIAL SURGERY B 898132 FMV HOSPITAL FOR SPECIAL SURGERY J 497924 FMV HOSPITAL FOR SPECIAL SURGERY K 5393005 FMV HOSPITAL FOR SPECIAL SURGERY O 2034485 FMV CHARITABLE REMAINDER TRUSTS (5 TRUST) R 121882 FMV CHARITABLE GIFT ANNUITIES (34 TRUST) R 195649 FMV