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FORM 990, PART VI, SECTION B, LINE 11 | THE CHAIRMAN AND BOARD OF TRUSTEES WILL REVIEW AND APPROVE THE FORM 990 BEFORE IT IS FILED WITH THE IRS. |
FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION'S OFFICERS, DIRECTORS, EXECUTIVE OFFICER, AND ALL STAFF ARE REQUIRED TO FILL OUT A FORM ANNUALLY TO DISCLOSE AND/OR UPDATE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. THE ORGANIZATION'S CHAIRMAN/PRESIDENT WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE TRUST MEMBERS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED. |
FORM 990, PART VI, SECTION B, LINE 15 | WHILE THE CHARITABLE TRUST DOES NOT HAVE ANY COMPENSATED EMPLOYEES OR DIRECTORS, THE TRUST HAS ADOPTED A POLICY ON THE PROCESS FOR DETERMINING COMPENSATION IN CASE SUCH POLICY IS NEEDED IN THE FUTURE. THE POLICY STATES THAT THE BOARD OF DIRECTORS WILL REVIEW AND APPROVE ALL COMPENSATION DECISIONS. ANY PERSONS WITH CONFLICTS OF INTEREST WILL NOT BE INVOLVED IN THE REVIEW AND APPROVAL PROCESS. THE TRUST WILL GATHER COMPARABLE DATA FROM SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. ALL DECISIONS WILL BE DOCUMENTED IN THE BOARD MEETINGS. |
FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
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