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        <MethodOfValuation>F</MethodOfValuation>
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        </RecipientNameBusiness>
        <AddressUS>
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          <City>albemarle</City>
          <State>NC</State>
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        <EINOfRecipient>560556760</EINOfRecipient>
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        <Identifier>Procedure for Monitoring Grants in the U.S.:</Identifier>
        <ReturnReference>Part I, Line 2:</ReturnReference>
        <Explanation>Schedule I, Part I, Line 2: Scholarships for Dependents of Stanly Health Services Employees: This scholarship is offered to high-school seniors and may be used by graduates to help defray expenses involved in attending any university, or any approved technical institute, trade school, business school, or nursing school. Criteria for selection is based upon financial need, scholastic achievement and extra curricular activities, with an emphasis on health care related activities. Recommendations from high school teachers or guidance counselors and from individuals outside of high school are required. Hinson Scholarship: This scholarship is offered to applicants who have already completed two years of undergraduate study by June and have been accepted into a course of study in the medical/healthcare field. applicants must have a 3.5 cumulative undergraduate gpa or higher. applicants must be currently employed by stanly health services, inc. or be the dependents of a current employee of stanly health services, inc. applicants must submit a statement explaining what a career in healthcare will mean to them and how it will benefit humanity. recommendations from a professor and from someone within stanly health services are required. Healthcare scholarship: This scholarship is offered to stanly county high school seniors pursuing a degree in the healthcare field. scholarships are awarded based on academic performance and financial need. applicants must submit a statement explaining their interest in their chosen healthcare career, transcript, and a complete list of school and community related activities. recommendations from their high school and someone other than a family member or school personnel are required.</Explanation>
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      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section A, line 7b</Identifier>
        <Explanation>The Stanly Health Services Board of Directors must approve new Directors nominated to the Foundation Board of Directors.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 11</Identifier>
        <Explanation>CFO and Controller will review and copies will be emailed to board members and reviewed at Finance Committee and Board Meetings.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 12c</Identifier>
        <Explanation>each member of the board of directors files a conflict of interest statement annually which is reviewed by the Board Chair and is maintained by the corporate secretary. Members with potential conflicts are asked to excuse themselves from voting on matters that are of potential conflict.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 15</Identifier>
        <Explanation>The staff is employed by Stanly Regional Medical Center. The Foundation has no employees.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section C, line 19</Identifier>
        <Explanation>These documents are made available upon request.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>form 990, part xi, line 2c:</Identifier>
        <Explanation>This process has not changed from the prior year.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
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</Return>