OSTEOPATHIC FOUNDERS FOUNDATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: OSTEOPATHIC FOUNDERS FOUNDATION (EIN 73-0583936)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-08-14
IRS object ID: 201222279349303767
Schema version: 2011v1.2
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	2012-08-14T16:53:32-05:00	Timestamp
Tax Period End Date	2011-12-31	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	2011-01-01	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
City	TULSA	City
State	OK	State
ZIP Code	74137	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	SHERRI WISE	Name
Title	PRESIDENT/CEO	Title
Date Signed	2012-08-14	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Anne M Adams	Name
Phone	9185842900	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	X	AddressChange
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	10697944	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	13	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	13	NbrIndependentVotingMembers
Total Nbr Employees	11	TotalNbrEmployees
Total Nbr Volunteers	30	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	192788	ContributionsGrantsPriorYear
Contributions Grants Current Year	250308	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	75142	ProgramServiceRevenuePriorYear
Program Service Revenue CY	68273	ProgramServiceRevenueCY
Investment Income Prior Year	788174	InvestmentIncomePriorYear
Investment Income Current Year	1304630	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1681688	OtherRevenuePriorYear
Other Revenue Current Year	142072	OtherRevenueCurrentYear
Total Revenue Prior Year	2737792	TotalRevenuePriorYear
Total Revenue Current Year	1765283	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	287422	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	270979	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	243879	SalariesEtcPriorYear
Salaries Etc Current Year	272831	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	66958	TotalFundrsngExpCurrentYear
Other Expense Prior Year	326609	OtherExpensePriorYear
Other Expenses Current Year	359552	OtherExpensesCurrentYear
Total Expenses Prior Year	857910	TotalExpensesPriorYear
Total Expenses Current Year	903362	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	1879882	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	861921	RevenuesLessExpensesCY
Total Assets BOY	16768811	TotalAssetsBOY
Total Assets EOY	15766463	TotalAssetsEOY
Total Liabilities BOY	752717	TotalLiabilitiesBOY
Total Liabilities EOY	721642	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	16016094	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	15044821	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	516091	Expense
Grants	100664	Grants
Revenue	78140	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 AND RELEVANT EVIDENCE BASED CLINICAL KNOWLEDGE TO OSTEOPATHIC PHYSICIANS AND OTHER HEALTH CARE PROVIDERS. IN 2009, THE FOUNDATION RECEIVED ACCREDITATION FROM THE AMERICAN OSTEOPATHIC ASSOCIATION AS A CATEGORY 1-A PROVIDER. In 2011, two qualifying professional development programs were offered in cardiology and gastroenterology which trained 116 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. In response to Oklahoma's crisis of prescription drug abuse, the Foundation presented five CME programs in three different communities which trained 123 osteopathic physicians in the proper prescribing of controlled dangerous drugs.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	170315	Expense
Grants	170315	Grants
Revenue	132205	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 Founders' original intent. Grants are awarded to community organizations who share in our mission of providingcare to the sick and in the prevention and treatment of disease. With a continually struggling economy in 2011, particular emphasis was given to the most basic needs of food, shelter, and primary health care. Just as an example, in 2011 Meals on Wheels of Metro Tulsa was awarded a grant of $25,000 to provide daily, home-delivered meals to homebound elderly and disabled citizens. A renewal grant of $26,000 allowed Emergency Infant Services to continue to provide formula and food to families dramatically affected by increasing unemployment oand economic uncertainty. The Tulsa County Medical Society Foundation was awarded a $45,000 grant to develop a network of specialty care physicians and hospitals who will provide free care to patients of Tulsa County's safety net clinics.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
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 LifeSupport for Healthcare Providers is offered for physicians and other healthcare professionals. The Neonatal Resuscitation Program which is jointly accredited by the AHA and the American Academy of Pediatrics became part of our suite of training programs in 2009. Nearly 600 professionals received certification in these disciplines through our site in 2011. 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. Two grants of $7,500 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	686406	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
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	20	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	11	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	13	NbrVotingGoverningBodyMembers
Number Independent Voting Members	13	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 (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
ANDREW S CRAWFORD DO
DIRECTOR	2.0	X
JAMES M BENIEN
DIRECTOR	1.0	X
STEPHEN G BOVASSO DO
CHAIRMAN	2.0	X	X
SHELDON C BERGER DO
DIRECTOR	1.0	X
DONALD M DUSHAY DO
DIRECTOR	1.0	X
KIMBERLIE K DULLYE MD
DIRECTOR	1.0	X
JEFFREY S STROUP PHARM
DIRECTOR	1.0	X
JAY M WILLIAMSON DO
DIRECTOR	1.0	X
RICHARD R POLK
SECRETARY/TREASURER	1.0	X	X
ARTHUR G WALLACE DO
DIRECTOR	1.0	X
HENERY G WILL
DIRECTOR	1.0	X
MICHAEL P CARNEY DO
VICE-CHAIRMAN	1.0	X	X
LARRY D MCKENZIE
DIRECTOR	2.0	X
SHERRI L WISE
PRESIDENT	40.0		X	140500	0	17506

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	140500	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	17506	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	4250	MembershipDues
Fundraising Events	110741	FundraisingEvents
All Other Contributions	135317	AllOtherContributions
Total Contributions	250308	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	TUITION AND FEES	Description
Business Code	611420	BusinessCode
Total Revenue Column	68273	TotalRevenueColumn
Related Or Exempt Function Income	68273	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	68273	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	460878	TotalRevenueColumn
Exclusion	$460,878	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

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	9653829	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	8810077	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	843752	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	843752	TotalRevenueColumn
Exclusion	$843,752	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	122584	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	110741	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	122584	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 (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
MEDICARE CLAIM SETTLEMENT	999999	106082	106082
OTHER INCOME	999999	461	461
INCOME FROM AFFILIIATED ORGANIZATION	999999	35529	35529

Field	Value	IRS element (for citing)
Total Other Revenue	142072	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1765283	TotalRevenueColumn
Related Or Exempt Function Income	210345	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$1,304,630	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	170315	Total
Program Services	170315	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	100664	Total
Program Services	100664	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	140500	Total
Program Services	100170	ProgramServices
Management And General	23896	ManagementAndGeneral
Fundraising	16434	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	92809	Total
Program Services	64130	ProgramServices
Management And General	18159	ManagementAndGeneral
Fundraising	10520	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	23912	Total
Program Services	17048	ProgramServices
Management And General	4067	ManagementAndGeneral
Fundraising	2797	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	15610	Total
Program Services	11129	ProgramServices
Management And General	2655	ManagementAndGeneral
Fundraising	1826	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	18100	Total
Management And General	18100	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	21543	Total
Management And General	21543	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	56884	Total
Program Services	56884	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	700	Total
Program Services	700	ProgramServices

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	63281	Total
Program Services	56988	ProgramServices
Management And General	6293	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	10576	Total
Program Services	7834	ProgramServices
Management And General	2742	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	30813	Total
Program Services	26747	ProgramServices
Management And General	4066	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	4552	Total
Program Services	2153	ProgramServices
Management And General	2399	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
OUTSIDE SERVICES	26667	22601	4066
INTERN/RESIDENT EVENTS	19115	19115
UNITRUST DISTRIBUTIONS	35381			35381
BOARD AND COMMITTEE EXPENSE	11128	11128

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	60812	Total
Program Services	18800	ProgramServices
Management And General	42012	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	903362	Total
Program Services	686406	ProgramServices
Management And General	149998	ManagementAndGeneral
Fundraising	66958	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	94132	BOY
EOY	57282	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	82942	BOY
EOY	96513	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	26417	BOY
EOY	21183	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1581069	BOY
EOY	2338	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	48	BOY
EOY	2204	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	4446	BOY
EOY	13585	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	233615	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	152541	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	30281	BOY
EOY	81074	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	13928024	BOY
EOY	13340754	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	1021452	BOY
EOY	2151530	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	16768811	BOY
EOY	15766463	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	631695	BOY
EOY	600620	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	121022	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	752717	BOY
EOY	721642	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	13921006	BOY
EOY	12995232	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1129108	BOY
EOY	1079359	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	965980	BOY
EOY	970230	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	16016094	BOY
EOY	15044821	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	16768811	BOY
EOY	15766463	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	861921	ReconcilationRevenueExpenses
Reconcilation Other Changes	-1833194	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	true	AccountantCompileOrReview
FS Audited	false	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
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	167825	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	201750	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	227559	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	295943	CurrentTaxYearMinus1Year
Current Tax Year	250308	CurrentTaxYear
Total	1143385	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	167825	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	201750	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	227559	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	295943	CurrentTaxYearMinus1Year
Current Tax Year	250308	CurrentTaxYear
Total	1143385	Total

Field	Value	IRS element (for citing)
Public Support Total170	1143385	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1125691	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	481454	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	383212	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	402549	CurrentTaxYearMinus1Year
Current Tax Year	460878	CurrentTaxYear
Total	2853784	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	69988	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	64350	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1170077	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1653676	CurrentTaxYearMinus1Year
Current Tax Year	210345	CurrentTaxYear
Total	3168436	Total

Field	Value	IRS element (for citing)
Total Support	7165605	TotalSupport
Gross Receipts From Admissions Etc	3164470	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.15957	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.23800	PublicSupportPertcentPriorYear
Ten Percent Test Current Year	X	TenPercentTestCurrentYear
General Explanation	See attachment for Facts & 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	965980	BeginningOfYearBalance
Contributions	4250	Contributions
End Of Year Balance	970230	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

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

Current Year Minus2 Years CurrentYearMinus2Years

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

Current Year Minus3 Years CurrentYearMinus3Years

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	7411	Depreciation
Book Value	29646	BookValue

Field	Value	IRS element (for citing)
Equipment		Equipment

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	196558	OtherCostOrOtherBasis
Depreciation	145130	Depreciation
Book Value	51428	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	81074	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	$21,022

Field	Value	IRS element (for citing)
Total Of Amounts	121022	TotalOfAmounts

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

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	233325	GrossReceiptsEvent1
Charitable Contributions Event1	110741	CharitableContributionsEvent1
Gross Revenue Event1	122584	GrossRevenueEvent1
Rent Facility Costs Event1	22781	RentFacilityCostsEvent1
Food And Beverage Event1	53583	FoodAndBeverageEvent1
Entertainment Event1	2525	EntertainmentEvent1
Other Direct Expenses Event1	43695	OtherDirectExpensesEvent1
Total Number Of Other Events	0	TotalNumberOfOtherEvents
Gross Receipts Total	233325	GrossReceiptsTotal
Charitable Contributions Total	110741	CharitableContributionsTotal
Gross Revenue Total Events	122584	GrossRevenueTotalEvents
Rent Facility Costs Total Events	22781	RentFacilityCostsTotalEvents
Food And Beverage Total Events	53583	FoodAndBeverageTotalEvents
Entertainment Total Events	2525	EntertainmentTotalEvents
Other Direct Expenses Total Events	43695	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	122584	DirectExpenseSummaryEvents

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (7 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant
EMERGENCY INFANT SERVICES
222 S HOUSTON	TULSA	OK	74127	731039524	501(C)(3)	25000
MEALS ON WHEELS OF METRO TULSA
12620 E 31ST STREET	TULSA	OK	74146	731125389	501(C)(3)	25000
TULSA COUNTY MEDICAL SOCIETY FOUNDATION
5315 S LEWIS	TULSA	OK	74105	731393227	501(C)(3)	45000
AMERICAN HEART ASSOCIATION
2227 E SKELLY DRIVE	TULSA	OK	74105	135613797	501(C)(3)	10000
HOSPITALITY HOUSE OF TULSA
1135 S VICTOR AVENUE	TULSA	OK	74104	201825789	501(C)(3)	15000
AMERICAN RED CROSS
10151 E 11TH STREET	TULSA	OK	74128	730579223	501(C)(3)	10000
AMERICAN HEART ASSOCIATION
2227 E SKELLY DRIVE	TULSA	OK	135613979	135613979	501(C)(3)	7500

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	7	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	0	TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII (6 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant
Educational Stipend	10	11200
Scholarship	5	16500
Textbooks	144	28899
Technology	57	7670
Education Programs	378	25348
Residency	32	4003

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)
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
Base Compensation Filing Org	130000	BaseCompensationFilingOrg
Comp Based On Related Orgs	0	CompBasedOnRelatedOrgs
Bonus Filing Org	0	BonusFilingOrg
Other Compensation Filing Org	10500	OtherCompensationFilingOrg
Deferred Comp Filing Org	10000	DeferredCompFilingOrg
Nontaxable Benefits Filing Org	7506	NontaxableBenefitsFilingOrg
Total Compensation Filing Org	158006	TotalCompensationFilingOrg
Total Compensation Related Orgs	0	TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org	0	CompReportPrior990FilingOrg

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 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.
9	FORM 990, PART XI - OTHER CHANGES IN NET ASSETS OR FUND BALANCE	UNREALIZED LOSS ON INVESTMENTS - $1,833,194