SUPPLEMENTAL INFORMATION |
form 990, part iii, line 4a OVERVIEW MOREHOUSE SCHOOL OF MEDICINE (MSM), LOCATED IN ATLANTA, GA, WAS FOUNDED IN 1975 AS THE MEDICAL EDUCATION PROGRAM AT MOREHOUSE COLLEGE. IN 1981, MSM BECAME AN INDEPENDENTLY CHARTERED INSTITUTION. MSM IS AMONG THE NATION'S LEADING EDUCATORS OF PRIMARY CARE PHYSICIANS AND WAS RECENTLY RECOGNIZED AS THE TOP INSTITUTION AMONG U.S. MEDICAL SCHOOLS FOR OUR SOCIAL MISSION. OUR FACULTY AND ALUMNI ARE NOTED IN THEIR FIELDS FOR EXCELLENCE IN TEACHING, RESEARCH AND PUBLIC POLICY. MSM IS ACCREDITED BY THE ACCREDITATION COUNCIL FOR CONTINUING MEDICAL EDUCATION, ACCREDITATION COUNCIL FOR GRADUATE MEDICAL EDUCATION, COUNCIL ON EDUCATION FOR PUBLIC HEALTH, LIAISON COMMITTEE ON MEDICAL EDUCATION AND SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS. ACADEMIC PROGRAMS MSM AWARDS THE DOCTOR OF MEDICINE (MD), DOCTOR OF PHILOSOPHY IN BIOMEDICAL SCIENCES (PH.D.), MASTER OF PUBLIC HEALTH (M.P.H.), MASTER OF SCIENCE IN MEDICAL SCIENCES (MSMS), MASTER OF SCIENCE IN BIOMEDICAL RESEARCH (MSBR), MASTER OF SCIENCE IN CLINICAL RESEARCH (MSCR), MASTER OF SCIENCE IN BIOMEDICAL TECHNOLOGY (MSBT), AND THE MASTER OF SCIENCE IN NEUROSCIENCE (MSNS)DEGREES. RESIDENCY PROGRAMS MSM HAS SEVEN RESIDENCY PROGRAMS: FAMILY MEDICINE (1981), PUBLIC HEALTH AND PREVENTIVE MEDICINE (1986), INTERNAL MEDICINE (1991), PSYCHIATRY AND BEHAVIORAL SCIENCES (1991), SURGERY (1993), OBSTETRICS AND GYNECOLOGY (1997) AND PEDIATRICS (2000). THE MAJORITY OF MSM PATIENT CARE AND CLINICAL TRAINING OCCURS AT GRADY MEMORIAL HOSPITAL, ONE OF THE LARGEST PUBLIC HOSPITALS IN THE SOUTHEAST. OVER THE PAST FIVE YEARS, 67 PERCENT OF OUR RESIDENT GRADUATES HAVE ELECTED TO STAY AND PRACTICE IN GEORGIA. FACULTY MSM EMPLOYS MORE THAN 250 FULL AND PART-TIME FACULTY MEMBERS, MANY OF WHOM ARE INTERNATIONALLY RECOGNIZED IN THEIR FIELD. RESEARCH MSM IS HOME TO WORLD-RENOWNED CENTERS AND INSTITUTES: THE CARDIOVASCULAR RESEARCH INSTITUTE; THE CENTER OF EXCELLENCE ON HEALTH DISPARITIES; THE NATIONAL CENTER FOR PRIMARY CARE; THE NEUROSCIENCE INSTITUTE (NI); PREVENTION RESEARCH CENTER (PRC); RESEARCH CORE FACILITY AND THE SATCHER HEALTH LEADERSHIP INSTITUTE (SHLI). MSM'S RESEARCH STATURE AND REPUTATION HAVE GROWN EXPONENTIALLY OVER THE LAST DECADE, FUELED IN LARGE PART BY SIGNIFICANT INVESTMENTS IN OUR RESEARCH INFRASTRUCTURE WITH FUNDING FROM THE NATIONAL INSTITUTE OF HEALTH (NIH), HEALTH RESOURCES AND SERVICES ADMINISTRATION (HRSA), THE GEORGIA CANCER COALITION AND OTHERS. ALUMNI THE MAJORITY OF MSM'S MORE THAN 1,400 ALUMNI CHOOSE TO HONOR THE MSM MISSION BY SERVING COMMUNITIES LOCATED IN RURAL AREAS AND INNER CITIES. OUR ALUMNI HAVE DISTINGUISHED THEMSELVES IN LEADERSHIP ROLES LOCALLY, NATIONALLY AND INTERNATIONALLY. SPONSORS THE POWER OF PARTNERSHIP: OUR STUDENTS ARE HIGHLY QUALIFIED, YET MANY NEED ASSISTANCE TO REMOVE THE FINANCIAL BARRIERS THAT WOULD DETER THEIR MEDICAL EDUCATION WHICH IS VITAL FOR THEIR CONTINUED SUCCESS. |
form 990, part vi, section b, question 11B |
governing board and management the organization's form 990 was REVIEWED by our independent accountants, bdo usa, llp utilizing the information provided by the reporting entitY'S management and officers. bdo usa, llp conducted a collaborative review with executive management of the organization. a copy of the form 990 was reviewed and approved by the audit committee. a complete copy was provided to the full board for review prior to filing. |
form 990, part vi, section b, line 12c |
written conflict of interest policy all actual and potential conflicts of interest shall be disclosed by board members to the executive committee of the board of trustees through the annual disclosure form, or whenever conflict arises. the disinterested members of the msm board of trustees executive committee ("the committee") shall make a determination as to whether a conflict exists and what subsequent action (if any) is appropriate. the board retains the right to modify or reverse such determination and action, and retains the ultimate enforcement authority with respect to the interpretation and application of this policy as it applies to board members. |
form 990, part vi, section b, lines 15a & 15B |
process for determining compensation the administration and facilities management committee shall develop general salary and fringe benefit guidelines for the organization's employees (which should be updated regularly); and determine and make recommendations to the board of trustees regarding compensation, including with respect to salaries and benefits paid by organizations similar to the organization, performance-based compensation and other compensation issues. the committee shall advise the board of trustees and president on matters relating to employee pensions, retirements, insurance and other employee welfare benefits and programs. moreover, the committee shall review, at least annually, the compensation, benefits and incentive compensation and other arrangements, including severance arrangements, of the officers and senior management of the organization. the committee shall determine, consistent with the long-term incentive compensation guidelines for such officers and senior management established by the board of trustees as such guidelines for such officers and senior management may be amended from time to time, the extent and the form of bonus compensation, if any, to be awarded annually or at such other times to such officers and senior management. notwithstanding the foregoing, it is expressly understood that the employee benefits and other compensation arrangements applicable to the president of the organization shall be reviewed and set in close consultation with the chairperson of the board of trustees. |
form 990, part vi, section c, question 19 |
Availability of governing documents, conflict of interest policy, and financial statements to the general public the organization's governing documents are a matter of public record with the state of georgia. The organization's conflict of interest policy is a matter of public record with the state of Georgia. |
Form 990, Part XI, Line 9 |
Other changes in net assets The ($4,450,000) represents an intercompany elimination of accounts receivable and accounts payable. |
Form 990, Part XII, Queston 2b |
THE organization'S FINANCIAL STATEMENTS WERE AUDITED AS PART OF A CONSOLIDATED FINANCIAL STATEMENT WITH THE RELATED ORGANIZATION - MOREHOUSE healthcare. |