OSTEOPATHIC FOUNDERS FOUNDATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: OSTEOPATHIC FOUNDERS FOUNDATION (EIN 73-0583936)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-07
IRS object ID: 201333119349301113
Schema version: 2012v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule I
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-07T17:04:26-06:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BKD LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	6120 S Yale 1400	AddressLine1
City	Tulsa	City
State	OK	State
ZIP Code	741364223	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	730583936	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	OSTEOPATHIC FOUNDERS FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of Name	% SHERRI L WISE	InCareOfName
Name Control	OSTE	NameControl
Phone	9185517300	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	8801 SOUTH YALE AVENUE	AddressLine1
Address Line2	Suite 400	AddressLine2
City	TULSA	City
State	OK	State
ZIP Code	74137	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	SHERRI L WISE	Name
Title	PRESIDENT/CEO	Title
Phone	9185517300	Phone
Date Signed	2013-11-06	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	9185842900	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	SHERRI L WISE	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	8801 SOUTH YALE AVENUE	AddressLine1
City	TULSA	City
State	OK	State
ZIP Code	74137	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	4942331	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.OSTEOPATHICFOUNDERS.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1943	YearFormation
State Legal Domicile	OK	StateLegalDomicile
Activity Or Mission Description	SUPPORT OSTEOPATHIC MEDICAL EDUCATION, TO ENHANCE PUBLIC'S UNDERSTAND- ING OF OSTEOPATHIC MEDICINE, AND TO IMPROVE THE HEALTH OF THE COMMUNITY THROUGH PROJECTS CONSISTENT WITH THE OSTEOPATHIC PHILOSOPHY.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	11	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	11	NbrIndependentVotingMembers
Total Nbr Employees	13	TotalNbrEmployees
Total Nbr Volunteers	15	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	250308	ContributionsGrantsPriorYear
Contributions Grants Current Year	236605	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	68273	ProgramServiceRevenuePriorYear
Program Service Revenue CY	54891	ProgramServiceRevenueCY
Investment Income Prior Year	1304630	InvestmentIncomePriorYear
Investment Income Current Year	555332	InvestmentIncomeCurrentYear
Other Revenue Prior Year	142072	OtherRevenuePriorYear
Other Revenue Current Year	42478	OtherRevenueCurrentYear
Total Revenue Prior Year	1765283	TotalRevenuePriorYear
Total Revenue Current Year	889306	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	270979	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	353037	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	272831	SalariesEtcPriorYear
Salaries Etc Current Year	270836	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	55110	TotalFundrsngExpCurrentYear
Other Expense Prior Year	359552	OtherExpensePriorYear
Other Expenses Current Year	333475	OtherExpensesCurrentYear
Total Expenses Prior Year	903362	TotalExpensesPriorYear
Total Expenses Current Year	957348	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	861921	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-68042	RevenuesLessExpensesCY
Total Assets BOY	15766463	TotalAssetsBOY
Total Assets EOY	16667881	TotalAssetsEOY
Total Liabilities BOY	721642	TotalLiabilitiesBOY
Total Liabilities EOY	762928	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	15044821	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	15904953	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE MISSION OF 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.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	134331	Expense
Grants	86683	Grants
Revenue	54891	Revenue
Description	As part of its overall mission, the Osteopathic Founders Foundation utilizes a significant portion of its resources on activities related to medical education. Scholarships, which are granted competitively and based on academic achievement, professional ambassadorship and community engagement, are provided to assist osteopathic medical students with the cost of their tuition, fees and books. Educational stipends, which are also granted competitively, are available to osteopathic residents enrolled in AOA or ACGME accredited postgraduate training programs, professional level employees of colleges of osteopathic medicine or to professional level employees of a hospital which sponsors postgraduate training programs which are accredited by the American Osteopathic Association. The Foundation's commitment to medical education reaches to the post-doctoral level through our programs of continuing medical education. 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 health care providers. In 2009, the Foundation received its initial accreditation from the American Osteopathic Association as a category 1-A provider. That accreditation was renewed in 2010. In 2012, six qualifying professional development programs were offered in primary care, emergency medicine, antimicrobial stewardship, rheumatology, ultrasonography and health policy, which trained nearly 200 health care professionals. A partnership continued with the University of Oklahoma College of Pharmacy, which allows our programs to qualify for continuing education for pharmacists as well as physicians. A new partnership was initiated with the Tulsa County Medical Society which provided ACCME credit for allopathic physicians. In response to Oklahoma's crisis of prescription drug abuse, the Foundation presented four CME programs in three eastern Oklahoma communities, which trained 152 osteopathic physicians in the proper prescribing of controlled dangerous drugs.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	476661	Expense
Grants	266354	Grants
Revenue	236605	Revenue
Description	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 a continually struggling economy, particular emphasis is given to the most basic needs of food, shelter and primary health care. Just as an example, in 2012, Child Abuse Network was awarded a grant of $35,000 to enhance their medical services for children who are victims of abuse. A renewal grant of $25,000 allowed the Community Foodbank of Eastern Oklahoma to continue its backpack program for children at risk of hunger, a problem exacerbated by increasing unemployment and economic uncertainty. The Tulsa Community College Foundation received a $25,000 grant to build a Physical Therapy Teaching Clinic. The clinic, in addition to providing a learning environment for future health care professionals, will provide access to care for those who are uninsured and unable to access physical therapy services.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	168317	Expense
Description	About every 25 seconds, an American will suffer a coronary event, and about every minute someone will die from one. Clearly, a public health issue, 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 health care providers is offered for physicians and other health care professionals. The neonatal resuscitation program, which is jointly accredited by the AHA and the American Academy of Pediatrics, is also part of our suite of training services. Over 500 professionals received certification in these disciplines through our site in 2012. Because only 31.4% of out-of-hospital cardiac arrests receive bystander CPR, 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. Grants were provided to the AHA in support of women's heart health as part of our commitment to the treatment of cardiovascular disease.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	779309	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	33	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	13	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	true	QuidProQuoContributions
Quid Pro Quo Disclosure	true	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	11	NbrVotingGoverningBodyMembers
Number Independent Voting Members	11	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	true	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	OK	StatesWhereCopyOfReturnIsFiled
Own Website	X	OwnWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	SHERRI L WISE	NamePerson
Telephone Number	9185517300	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	8801 SOUTH YALE AVENUE	AddressLine1
City	TULSA	City
State	OK	State
ZIP Code	74137	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
ANDREW S CRAWFORD DO
DIRECTOR	1.0	X	0	0	0
JAMES M BENIEN
DIRECTOR	1.0	X	0
SHELDON C BERGER DO
DIRECTOR	1.0	X	0
DONALD M DUSHAY DO
VICE-CHARIMAN	1.0	X	0			X
KIMBERLIE K DULLYE MD
DIRECTOR	1.0	X	0
JEFFREY S STROUP PHARM D
SECRETARY/TREASURER	3.0	X	0			X
ARTHUR G WALLACE JR DO
DIRECTOR	1.0	X	0
MICHAEL P CARNEY DO
CHAIRMAN	1.0	X	0			X
LARRY D MCKENZIE
DIRECTOR	1.0	X	0
DANIEL G MORRIS DO
DIRECTOR	1.0	X	0
CANDY N TING DO
DIRECTOR	1.0	X	0
SHERRI L WISE
PRESIDENT/CEO	50.0		137513		12639	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	137513	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	12639	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Membership Dues	5300	MembershipDues
Fundraising Events	109715	FundraisingEvents
All Other Contributions	121590	AllOtherContributions
Total Contributions	236605	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	TUITION AND FEES	Description
Business Code	611420	BusinessCode
Total Revenue Column	54891	TotalRevenueColumn
Related Or Exempt Function Income	54891	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	54891	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	308139	TotalRevenueColumn
Exclusion	$308,139	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	4154983	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	3907790	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	247193	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	247193	TotalRevenueColumn
Exclusion	$247,193	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	145235	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	109715	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	145235	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
INCOME FROM AFFILIIATED ORGANIZATION	900099	35711	35711
OTHER INCOME	900099	6767	6767

Field	Value	IRS element (for citing)
Total Other Revenue	42478	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	889306	TotalRevenueColumn
Related Or Exempt Function Income	97369	RelatedOrExemptFunctionIncome
Exclusion	$555,332	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	266354	Total
Program Services	266354	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	86683	Total
Program Services	86683	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	137513	Total
Program Services	97973	ProgramServices
Management And General	25024	ManagementAndGeneral
Fundraising	14516	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	95295	Total
Program Services	68506	ProgramServices
Management And General	17498	ManagementAndGeneral
Fundraising	9291	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	22208	Total
Program Services	15823	ProgramServices
Management And General	4041	ManagementAndGeneral
Fundraising	2344	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	15820	Total
Program Services	11271	ProgramServices
Management And General	2879	ManagementAndGeneral
Fundraising	1670	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	16788	Total
Management And General	16788	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	65766	Total
Program Services	65766	ProgramServices

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	0	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	67692	Total
Program Services	60606	ProgramServices
Management And General	7086	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	11176	Total
Program Services	8565	ProgramServices
Management And General	2611	ManagementAndGeneral

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	28879	Total
Program Services	25451	ProgramServices
Management And General	3428	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	4649	Total
Program Services	2195	ProgramServices
Management And General	2454	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
Outside services	31609	29123	2486
Intern/Resident Events	22239	22239
Unitrust Distributions	27289			27289
SUPPLIES	12453	12453

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	44935	Total
Program Services	6301	ProgramServices
Management And General	38634	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	957348	Total
Program Services	779309	ProgramServices
Management And General	122929	ManagementAndGeneral
Fundraising	55110	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	57282	BOY
EOY	355791	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	96513	BOY
EOY	97042	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	21183	BOY
EOY	13950	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	2338	BOY
EOY	4296	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	2204	BOY
EOY	1451	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	13585	BOY
EOY	12891	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	238252	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	183705	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	81074	BOY
EOY	54547	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	13340754	BOY
EOY	13949107	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	2151530	BOY
EOY	2178806	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	15766463	BOY
EOY	16667881	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	600620	BOY
EOY	637088	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	121022	BOY
EOY	125840	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	721642	BOY
EOY	762928	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	12995232	BOY
EOY	13920099	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1079359	BOY
EOY	1009324	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	970230	BOY
EOY	975530	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	15044821	BOY
EOY	15904953	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	15766463	BOY
EOY	16667881	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-68042	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	928174	ReconciliationUnrealizedInvest
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	true	AccountantCompileOrReview

Accountant Compile Or Review Basis AccountantCompileOrReviewBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
FS Audited	false	FSAudited
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	201750	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	227559	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	295943	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	250308	CurrentTaxYearMinus1Year
Current Tax Year	236605	CurrentTaxYear
Total	1212165	Total

Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170

Field	Value	IRS element (for citing)
Total	0	Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

Field	Value	IRS element (for citing)
Total	0	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	201750	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	227559	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	295943	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	250308	CurrentTaxYearMinus1Year
Current Tax Year	236605	CurrentTaxYear
Total	1212165	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	0	AmountsSubstContributorsTotal
Public Support Total170	1212165	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	481454	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	383212	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	402549	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	460878	CurrentTaxYearMinus1Year
Current Tax Year	308139	CurrentTaxYear
Total	2036232	Total

Net UBI NetUBI

Field	Value	IRS element (for citing)
Total	0	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	64350	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1170077	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1653676	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	210345	CurrentTaxYearMinus1Year
Current Tax Year	97369	CurrentTaxYear
Total	3195817	Total

Field	Value	IRS element (for citing)
Total Support	6444214	TotalSupport
Gross Receipts From Admissions Etc	3192851	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.18810	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.15957	PublicSupportPertcentPriorYear
Ten Percent Test Current Year	X	TenPercentTestCurrentYear
General Explanation	SEE ATTACHMENT FOR FACTS AND CIRCUMSTANCES TEST.	GeneralExplanation

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	970230	BeginningOfYearBalance
Contributions	5300	Contributions
End Of Year Balance	975530	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	965980	BeginningOfYearBalance
Contributions	4250	Contributions
End Of Year Balance	970230	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	962555	BeginningOfYearBalance
Contributions	3425	Contributions
End Of Year Balance	965980	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	957530	BeginningOfYearBalance
Contributions	5025	Contributions
End Of Year Balance	962555	EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	956940	BeginningOfYearBalance
Contributions	7000	Contributions
Other Expenditures	6410	OtherExpenditures
End Of Year Balance	957530	EndOfYearBalance

Field	Value	IRS element (for citing)
Permanent Endowment EOY Balance	1.00000	PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Land		Land
Buildings		Buildings

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	37057	OtherCostOrOtherBasis
Depreciation	14823	Depreciation
Book Value	22234	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	201195	OtherCostOrOtherBasis
Depreciation	168882	Depreciation
Book Value	32313	BookValue

Field	Value	IRS element (for citing)
Other Land Buildings		OtherLandBuildings
Total Of Book Value Land Buildings	54547	TotalOfBookValueLandBuildings
Financial Derivatives		FinancialDerivatives
Closely Held Equity Interests		CloselyHeldEquityInterests
Total Of Book Value Securities	0	TotalOfBookValueSecurities
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
DEFERRED COMPENSATION	$100,000
OTHER LIABILITIES	$25,840

Field	Value	IRS element (for citing)
Total Of Amounts	125840	TotalOfAmounts

Form990 Schedule D Part XIII Form990ScheduleDPartXIII

Field	Value	IRS element (for citing)
Identifier	1	Identifier
Return Reference	Form 990, Schedule D, Part V, Line 4	ReturnReference
Explanation	The Foundation's permanent endowment fund consists of one fund, established for the support and furtherance of medical education.	Explanation

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	WINTERSET	NameOfEvent1
Gross Receipts Event1	254950	GrossReceiptsEvent1
Charitable Contributions Event1	109715	CharitableContributionsEvent1
Gross Revenue Event1	145235	GrossRevenueEvent1
Rent Facility Costs Event1	37437	RentFacilityCostsEvent1
Food And Beverage Event1	47614	FoodAndBeverageEvent1
Entertainment Event1	4200	EntertainmentEvent1
Other Direct Expenses Event1	55984	OtherDirectExpensesEvent1
Total Number Of Other Events	0	TotalNumberOfOtherEvents
Gross Receipts Total	254950	GrossReceiptsTotal
Charitable Contributions Total	109715	CharitableContributionsTotal
Gross Revenue Total Events	145235	GrossRevenueTotalEvents
Rent Facility Costs Total Events	37437	RentFacilityCostsTotalEvents
Food And Beverage Total Events	47614	FoodAndBeverageTotalEvents
Entertainment Total Events	4200	EntertainmentTotalEvents
Other Direct Expenses Total Events	55984	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	145235	DirectExpenseSummaryEvents

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Recipient Table RecipientTable (5 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Purpose Of GrantPurposeOfGrant
CHILD ABUSE NETWORK
2829 S SHERIDAN	TULSA	OK	74129	731325326	501(C)(3)	30000	MEDICAL EVAL PROGRAM
COMMUNITY FOOD BANK OF EASTERN OKLAHOMA
1304 N KENOSHA	TULSA	OK	74106	731184980	501(C)(3)	25000	FOOD FOR KIDS
PROJECT ELF
4606 E 67TH ST	TULSA	OK	74136	141936473	501(C)(3)	20000	CLOTHING, SUPPLIES
TULSA COMMUNITY COLLEGE
6111 E SKELLY DR	TULSA	OK	74135	237103807	501(C)(3)	25000	PT CLINIC
FOUNDATION FOR OSU MEDICAL CENTER
744 WEST 9TH	TULSA	OK	74127	453515966	501 C (3)	113000	RENOVATION GME

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	5	TotalNbrOf501C3AndGovtGrants

Form990 Schedule I Part III Form990ScheduleIPartIII (7 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant
Educational Stipend	15	25811
Scholarship	2	15000
Textbooks and Educational Materials	115	18360
Technology	20	3441
Education Programs - Resident	46	26655
Educational Program - Student	30	341
General Surgery Program	15	4292

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	1	Identifier
Return Reference	SCH I, PART I, LINE 2	ReturnReference
Explanation	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.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Discretionary Spending Account	X	DiscretionarySpendingAccount
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	SHERRI L WISE	NamePerson
Title	PRESIDENT/CEO	Title
Base Compensation Filing Org	130000	BaseCompensationFilingOrg
Bonus Filing Org	0	BonusFilingOrg
Other Compensation Filing Org	7513	OtherCompensationFilingOrg
Deferred Comp Filing Org	3900	DeferredCompFilingOrg
Deferred Comp Related Orgs	0	DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org	8739	NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs	0	NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org	150152	TotalCompensationFilingOrg
Total Compensation Related Orgs	0	TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org	0	CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs	0	CompReportPrior990RelatedOrgs

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
1	FORM 990, PART III, 4d OTHER PROGRAM SERVICES	The Foundation annually provides a two-day seminar for senior residents from post-graduate training programs throughout Oklahoma. The seminar, Prep for Practice, provides information to the residents to assist them in beginning their careers as practicing physicians. The Foundation also sponsors a program for second and third year medical students called Strolling Through the Match. This program is designed to assist students in identifying the specialty that they wish to pursue and provide guidance in successfully preparing for the residency match process.
2	FORM 990 PART VI, LINE 6	THE AMENDED AND RESTATED BYLAWS OF THE ORGANIZATION PROVIDE THAT 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.
3	FORM 990, PART VI, LINE 7A	THE AMENDED AND RESTATED BYLAWS OF THE ORGANIZATION STATE THAT 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.
4	FORM 990, PART VI, LINE 7B	THE AMENDED AND RESTATED BY-LAWS OF THE ORGANIZATION RESERVE THE POWER TO AMEND THE BY-LAWS TO THE MEMBERSHIP OF THE ORGANIZATION. THE PROCEDURE REQUIRED TO AMEND BY-LAWS 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 AFFIRMATION VOTE OF THE MAJORITY OF THE DIRECTORS. 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 AT A METTING OF THE MEMBERS OF THE ORGANIZATION AT WHICH A DULY QUALIFIED QUORUM IS PRESENT.
5	FORM 990, PART VI, LINE 11B	THE COMPLETED 990 WILL BE TRANSMITTED ELECTRONICALLY TO THE FOUNDATION'S BOARD OF DIRECTORS. A CONFERENCE CALL WILL BE SCHEDULED TO REVIEW THE DOCUMENT WITH THE CEO AND THE FOUNDATION'S INDEPENDENT ACCOUNTANTS AVAILABLE TO ANSWER QUESTIONS OF THE TRUSTEES. THE DOCUMENT IS REVIEWED IN THE SEQUENCE RECOMMENDED FOR PREPARATION OF THE FORM 990 IN ORDER TO THOROUGHLY DISCLOSE ALL INFORMATION REPORTED ON THIS FORM.
6	FORM 990, PART VI, LINE 12C	THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTERST 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 COPORATION 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 PROCLUDE THE LATER ANNOUNCEMENT OF A CONFLICT OF INTEREST WHICH IS DETERMINED BY A DIRECTOR, OFFICER OR KEY EMPLOYEE DURING THE MEETING.
7	FORM 990, PART VI, LINE 15A	THE COMPENSATION OF THE FOUNDATION'S PRESIDENT/CEO IS DETERMINED BY THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE IS COMPOSED OF MEMBERS OF THE EXECUTIVE COMMITTEE PLUS ADDITIONAL MEMEBERS 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 AFFERMATIVE, 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, ADN 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.
8	FORM 990, PART VI, 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.