The PAN Foundation is committed to complying with all laws and regulations around its status as a public charity and as a provider of charitable patient assistance to deliver on our mission of helping patients access treatment. We engage independent, third-party companies to conduct rigorous audits in order to provide an objective and independent evaluation of our programs and financial performance.
Our audit process
Compliance
We take pride in operating in full compliance with all applicable federal and state laws, regulations, and government guidelines. We maintain a compliance program and internal audit function, led by our Chief Compliance & Privacy Officer, Mia Harmon, and with oversight from a Board of Directors Committee on Audits, Risk, Oversight, and Compliance. As part of this commitment, we implement robust operational safeguards to ensure we work with integrity, independence, and transparency. This commitment to compliance and ethical behavior is integrated and practiced at every level of the organization.
How our audits work
We work with outside healthcare and financial auditors to conduct regular independent and objective audits, facilitate independent donor audits of our operations, and report monthly to our Board of Directors regarding compliance matters. An Independent Review Organization (IRO) conducts an annual independent, objective audit of PAN’s programs to confirm that we comply with the specifications set forth in the U.S. Department of Health and Human Services’ Office of Inspector General (OIG) Advisory Opinion, in addition to other specified review criteria and reviews. An independent accounting firm completes an annual audit of our financial statements to make sure they’re presented fairly and in accordance with U.S. generally accepted auditing standards.
You can review any of these audits on our annual reports, audits, and financials webpage
Our commitment to transparency
We believe in the importance of sharing information about how we operate and the impact of our services. We prioritize transparency by publicly providing detailed information on our organization’s activities, financial performance, and compliance with tax regulations. We publish annual reports, financial statements, 990s, certifications of independent audits, and more for the public.
You can review any of these documents on our financials and governance webpage.
