- 15 - All amounts are attributable to assessments stemming from claims related to the years when petitioner operated the hospital. Grants to Organizations and for Patient Care Petitioner gave grants for education, research, and other charitable purposes, and for indigent patient care at the hospital. For 1979 through 1982, petitioner's financial statements reflected the following amounts as "charity, discounts, and provisions for uncollectible accounts" arising from patient care: Year Amounts 1979 $212,922 1980 309,862 1981 161,056 1982 116,477 Following the sale of the hospital, petitioner made grants totaling the following annual amounts: Year To Organizations For Patient Care 1984 $186,817.00 $184,526.00 1985 700.00 138,521.97 1986 47,500.00 92,565.00 1987 53,500.00 1,500.00 1988 145,784.00 0 All of the amounts paid for patient care were paid only for the benefit of the patients, none of whom were related to or connected in any way personally with anyone on petitioner's board.Page: Previous 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Next
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