TY 2016 Form 990 Schedule O

efile Public Visual Render ObjectId: 201702359349300000 - Submission: 2017-08-22 TIN: 48-6393123

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2016

Open to Public
Inspection

Name of the organization

VISION CHARITABLE TRUST

Employer identification number

48-6393123

Return Reference	Explanation
Form 990, Part III, Line 1	Presenting a Biblical ministry of the Gospel of Jesus Christ, hope, encouragement and strength to as many people as possible as soon as possible and helping to meet the physical, emotional and spiritual needs of people out of a motivation of God's love. Foster, communicate and encourage the application of Biblical Christian principles and moral philosophy in all disciplines of life, including, but not limited to, law, medicine, education, government, social and physical sciences, business, economics, the arts, and media.
Form 990, Part VI, Section A, line 2	Sealy Yates and Michael Yates have a family relationship. Jason Yates and Michael Yates have a family relationship.
Form 990, Part VI, Section B, line 11b	The Form 990 is prepared by an independent CPA firm. It is reviewed in detail by the CEO and is distributed to board members for review prior to filing.
Form 990, Part VI, Section B, line 12c	The organization requires all officers and board members to annually review the conflict of interest policy, disclose any potential conflicts of interest and sign said policy. The Board reviews the signed statements. If a matter related to a potential conflict were to arise at a board meeting, the interested person would recuse himself or herself from the room during such discussion and voting on matters related to the noted conflict. All conflicts of interest are documented in the minutes of the Board of Directors meeting.
Form 990, Part VI, Section B, line 15	All decisions of compensation to officers and key employees are decided by a majority vote of the Board. Comparability data is used and the approval process is documented.
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 and on Guidestar.
Form 990, Part VI, Lines 13 and 14	The organization is in the process of implementing a written whistleblower policy and written document retention and destruction policy. These will be implemented by the end of the next tax year.
Form 990, Part XII, Line 2c	The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.

Return Reference

Explanation

Form 990, Part III, Line 1

Presenting a Biblical ministry of the Gospel of Jesus Christ, hope, encouragement and strength to as many people as possible as soon as possible and helping to meet the physical, emotional and spiritual needs of people out of a motivation of God's love. Foster, communicate and encourage the application of Biblical Christian principles and moral philosophy in all disciplines of life, including, but not limited to, law, medicine, education, government, social and physical sciences, business, economics, the arts, and media.

Form 990, Part VI, Section A, line 2

Sealy Yates and Michael Yates have a family relationship. Jason Yates and Michael Yates have a family relationship.

Form 990, Part VI, Section B, line 11b

The Form 990 is prepared by an independent CPA firm. It is reviewed in detail by the CEO and is distributed to board members for review prior to filing.

Form 990, Part VI, Section B, line 12c

The organization requires all officers and board members to annually review the conflict of interest policy, disclose any potential conflicts of interest and sign said policy. The Board reviews the signed statements. If a matter related to a potential conflict were to arise at a board meeting, the interested person would recuse himself or herself from the room during such discussion and voting on matters related to the noted conflict. All conflicts of interest are documented in the minutes of the Board of Directors meeting.

Form 990, Part VI, Section B, line 15

All decisions of compensation to officers and key employees are decided by a majority vote of the Board. Comparability data is used and the approval process is documented.

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 and on Guidestar.

Form 990, Part VI, Lines 13 and 14

The organization is in the process of implementing a written whistleblower policy and written document retention and destruction policy. These will be implemented by the end of the next tax year.

Form 990, Part XII, Line 2c

The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2016

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