| FORM 990 PART I LINE 1 |
MISSION: THE SAVANNAH COLLEGE OF ART AND DESIGN EXISTS TO PREPARE TALENTED STUDENTS FOR PROFESSIONAL CAREERS, EMPHASIZING LEARNING THROUGH INDIVIDUAL ATTENTION IN A POSITIVELY ORIENTED UNIVERSITY ENVIRONMENT. VISION: THE SAVANNAH COLLEGE OF ART AND DESIGN, AN INSTITUTION WITH DISTINCTIVE YET COMPLEMENTARY LOCATIONS, WILL BE RECOGNIZED AS THE LEADER IN DEFINING ART AND DESIGN EDUCATION. BY EMPLOYING INNOVATION IN ALL AREAS, SCAD WILL PROVIDE SUPERIOR EDUCAITON THROUGH TALENTED AND DEDICATED FACULTY AND STAFF, INNOVATIVE TEACHING STRATEGIES, LEADING-EDGE TECHNOLOGY, ADVANCED LEARNING RESOURCES, AND COMPREHENSIVE SUPPORT SERVICES. VALUES: BEING A STUDENT-CENTERED INSTITUTION; PROVIDING AN EXCEPTIONAL EDUCATION AND LIFE-CHANGING EXPERIENCE FOR STUDENTS; DEMONSTRATING QUALITY AND EXCELLENCE IN EVERY ASPECT OF OPERATIONS; SUSTAINING A RESPECTFUL AND HONEST UNIVERSITY ENVIRONMENT; GROWING WHILE CONTINUALLY IMPROVING, BEING INNOVATIVE AND RESULTS-ORIENTED; PROMOTING A COOPERATIVE TEAM SPIRIT AND A POSITIVE "CAN-DO" ATTITUDE; GOING THE "EXTRA MILE." THE SAVANNAH COLLEGE OF ART AND DESIGN IS A PRIVATE, NONPROFIT, ACCREDITED INSTITUTION CONFERRING BACHELOR'S AND MASTER'S DEGREES AT DISTINCTIVE LOCATIONS TO PREPARE TALENTED STUDENTS FOR PROFESSIONAL CAREERS. SCAD OFFERS DEGREES IN MORE THAN 40 MAJORS, AS WELL AS MINORS IN MORE THAN 70 DISCIPLINES. WITH OVER 34,000 ALUMNI WORLDWIDE, SCAD DEMONSTRATES AN EXCEPTIONAL EDUCATION AND UNPARALLELED CAREER PREPARATION. AT LOCATIONS IN SAVANNAH AND ATLANTA, GEORGIA; IN HONG KONG; IN LACOSTE, FRANCE; AND ONLINE THROUGH SCAD ELEARNING, THE DIVERSE STUDENT BODY CONSISTS OF NEARLY 14,000 STUDENTS, FROM ACROSS THE UNITED STATES AND MORE THAN 100 COUNTRIES. SCAD'S INNOVATIVE CURRICULUM IS ENHANCED BY ADVANCED, PROFESSIONAL-LEVEL TECHNOLOGY, EQUIPMENT AND LEARNING RESOURCES. THE UNIVERSITY, STUDENTS, FACULTY AND ALUMNI HAVE GARNERED ACCLAIM FROM RESPECTED ORGANIZATIONS AND PUBLICATIONS WORLDWIDE INCLUDING TIME, VOGUE MAGAZINE AND U.S. NEWS & WORLD REPORT. SINCE THE TIME THAT SCAD OPENED ITS DOORS TO STUDENTS IN 1979, SAVANNAH HAS TRANSFORMED FROM A PLACE WITH A RUN-DOWN HISTORIC DISTRICT AND BOARDED-UP BUILDINGS TO AN INTERNATIONAL BUSINESS AND TOURIST DESTINATION. EXCEPTIONAL UNIVERSITY IMPACT IS BEST MEASURED BY THE CONTRIBUTIONS TO THE QUALITY OF LIFE IN THE COMMUNITIES IT SERVES. FOR FOUR DECADES, SCAD HAS BEEN A POWERFUL FORCE SHAPING THE ECONOMY, THE CULTURE, THE PHYSICAL ENVIRONMENT AND THE REPUTATION OF SAVANNAH, ATLANTA AND THE STATE OF GEORGIA. ALTHOUGH SCAD'S PRIMARY FOCUS IS PREPARING STUDENTS FOR PROFESSIONAL CAREERS, THE UNIVERSITY IS COMMITTED TO CONTINUOUSLY ENHANCING THE COMMUNITIES SURROUNDING ITS CAMPUSES. TO QUANTIFY THE ECONOMIC AND SOCIAL IMPACTS GENERATED BY THE UNIVERSITY THROUGHOUT THE STATE OF GEORGIA, SCAD RETAINED THE CONSULTING FIRM TRIPP UMBACH TO COMPLETE AN ECONOMIC AND COMMUNITY IMPACT STUDY FOR SCAD'S FISCAL YEAR 2017. KEY FINDINGS FROM THE STUDY INCLUDE THE FOLLOWING: GEORGIA: FOR NEARLY FOUR DECADES, SCAD HAS SHAPED THE ECONOMY, CULTURE, BUILT ENVIRONMENT AND REPUTATION OF GEORGIA. WITH PRESTIGIOUS ACCOLADES AND A COMMANDING PRESENCE, SCAD FOSTERS MORE PROSPEROUS COMMUNITIES. $603.3 MILLION IN ANNUAL ECONOMIC IMPACT, 6,689 JOBS IN DIVERSE INDUSTRIES (REAL ESTATE, RETAIL, AND TOURISM),$28.1 MILLION IN ANNUAL STATE AND LOCAL GOVERNMENT TAX REVENUE. SAVANNAH: SCAD MADE ITS FIRST HOME IN SAVANNAH AND HAS WORKED TO ELEVATE THE RENOWN OF THIS HISTORIC CITY, PIONEERING SAFETY AND SECURITY INITIATIVES, ESTABLISHING A STRONG LEGACY OF COMMUNITY SERVICE, AND ANNUALLY ATTRACTING TENS OF THOUSANDS OF STUDENTS, FACULTY AND STAFF, FAMILIES AND VISITORS. $438.6 MILLION IN ANNUAL ECONOMIC IMPACT, 5,360 JOBS IN DIVERSE INDUSTRIES (REAL ESTATE, RETAIL, AND TOURISM), $23.6 MILLION IN DIRECT, INDIRECT, AND INDUCED TAX PAYMENTS. ATLANTA: SCAD OPENED ITS ATLANTA CAMPUS IN 2005, AMPLIFYING THE EDUCATIONAL AND PROFESSIONAL OPPORTUNITIES IN THIS MAJOR U.S. MARKET, AND BUILDING THE CHARACTER OF THE CITY ALONGSIDE MAJOR COMPANIES LIKE DELTA, TURNER, AND COCA-COLA. TODAY, SCAD STANDS AT THE CENTER OF ATLANTA'S GROWING DESIGN, FASHION AND ENTERTAINMENT INDUSTRIES, WITH CAREER-FOCUSED AND CULTURAL FEATURES LIKE SCADFILM, SCAD FASH MUSEUM OF FASHION + FILM, AND THE MERCEDES-BENZ STADIUM ART COLLECTION. $122.6 MILLION IN ANNUAL ECONOMIC IMPACT, 1,130 JOBS IN DIVERSE INDUSTRIES (REAL ESTATE, RETAIL, AND TOURISM), $5.1 MILLION IN DIRECT, INDIRECT, AND INDUCED TAX PAYMENTS. SCAD HAS A LONG-STANDING TRADITION OF COMMUNITY SERVICE. FROM THE VERY FIRST SCAD SIDEWALK ARTS FESTIVAL (A PUBLIC ART FESTIVAL IN FORSYTH PARK IN SAVANNAH, GA) IN 1981, SCAD HAS BEEN COMMITTED TO ENRICHING THE COMMUNITIES THAT THE UNIVERSITY CALLS HOME. IN 2016-17, SCAD CONTINUED ITS TRADITION OF GIVING BACK TO THE COMMUNITY IN MANY WAYS. THE SCAD BUZZ BUS, OUR MOBILE UNIT FOR CREATIVE GIFT-GIVING, TRAVELS TO ELEMENTARY AND MIDDLE SCHOOLS AND OTHER YOUTH-CENTERED ORGANIZATIONS AROUND SAVANNAH AND ATLANTA TO DELIVER MUCH-NEEDED ART SUPPLIES FOR TEACHERS AND STUDENTS AND BOOKS FOR SCHOOL LIBRARIES. THE SCAD BUZZ BUS HAS POSITIVELY IMPACTED MORE THAN 11,000 PK-12 CHILDREN SINCE IT WAS ESTABLISHED IN 2010, SUPPLYING THEM WITH THE TOOLS NECESSARY TO EXPLORE THEIR ARTISTIC INTERESTS AND CREATE INSPIRED WORKS. ANNUALLY, SCAD COLLECTS UNUSED ART AND SCHOOL SUPPLIES FROM UNIVERSITY DEPARTMENTS AND HOSTS A "FREE SHOPPING DAY" FOR TEACHERS. IN DECEMBER 2016, SCAD MADE ART SUPPLIES AVAILABLE TO 50 EDUCATORS AND ADMINISTRATORS FROM LOCAL SCHOOLS AND NON-PROFITS IN SAVANNAH WHO WERE INVITED TO SELECT ITEMS FOR THEIR CLASSROOMS. ON AUG. 1, 2016, SCAD MADE A CONTRIBUTION OF MORE THAN 150 BACKPACKS FILLED WITH SCHOOL SUPPLIES TO THE SAVANNAH-CHATHAM METROPOLITAN POLICE DEPARTMENT'S ANNUAL STUFF THE CONTAINER CAMPAIGN, A SAVANNAH IMPACT PROGRAM INITIATIVE THAT BENEFITS LOCAL AT-RISK CHILDREN. IN AUGUST 2016, SCAD PRESENTED NEW UNIFORMS TO THE COASTAL GEORGIA COMPREHENSIVE ACADEMY (CGCA) IN SUPPORT OF SAVANNAH'S ADOPT-A-SCHOOL INITIATIVE. IN ADDITION TO UNIFORMS, SCAD DONATED MORE THAN 200 CHILDREN'S BOOKS FOR TEACHERS TO USE IN THEIR CLASSROOMS. BETWEEN SEPTEMBER 2016 AND JANUARY 2017, 31 SCAD STUDENT-ARTIST-ATHLETES, INCLUDING MEMBERS OF THE SCAD ATLANTA BOWLING TEAMS, VOLUNTEERED TO SORT AND PROCESS HUNDREDS OF DONATED BOOKS IN PREPARATION FOR SHIPMENT TO SCHOOLS AND COMMUNITIES IN RURAL AFRICA. (BOOKS FOR AFRICA SENDS 2.4 MILLION BOOKS TO VARIOUS AFRICAN COUNTRIES EVERY MONTH TO CULTIVATE A CULTURE OF LITERACY.) IN FALL 2016, SCAD CREATED A BROADWAY STAGE MURAL AND STORYTELLING PROPS FOR CHILDREN'S HEALTHCARE OF ATLANTA, DESIGNED A MURAL INSPIRED BY MICHELLE OBAMA'S WHITE HOUSE KITCHEN GARDEN FOR THE ATLANTA HARLAND BOYS AND GIRLS CLUB, AND DECORATED JACK-O-LANTERNS FOR OUR HOUSE SHELTER FOR HOMELESS CHILDREN IN ATLANTA. IN FALL 2016, TO MARK THE UNVEILING OF A HISTORICAL MARKER COMMEMORATING THE 1960 SIT-IN AT THE AZALEA ROOM (NOW SCAD GUTSTEIN GALLERY), THE UNIVERSITY PRESENTED SCAD HONORS VISIONARY VOICES, AN EVENT TO CELEBRATE THE SACRIFICE AND COURAGE OF PROTESTORS WHOSE SELFLESS ACT IGNITED THE SAVANNAH PROTEST MOVEMENT. DECEMBER 2016 MARKED THE UNIVERSITY'S 22ND YEAR SUPPORTING THE SAVANNAH UNION MISSION WITH HOLIDAY GIFTS FOR CHILDREN. UNION MISSION PRESENTED SCAD WITH THE WISH LISTS OF MORE THAN 100 CHILDREN IN NEED RANGING IN AGE FROM NEWBORN TO 18 YEARS. SCAD STUDENT, FACULTY, AND STAFF VOLUNTEERS DONATED HUNDREDS OF ITEMS TO ENSURE THAT EACH CHILD AT THE MISSION RECEIVED SPECIAL GIFTS, INCLUDING BICYCLES, TOYS, BOOKS, CLOTHING, AND MORE. ADDITIONALLY, SCAD ASSEMBLED DONATIONS FOR 20 WOMEN IN RESIDENCE AT THE BEN AND BETTYE BARNES CENTER, A SAVANNAH SHELTER SUPPORTING HOMELESS WOMEN WITH DISABILITIES. IN JANUARY 2017, SCAD LAUNCHED COMMUNITY PATROLS IN DOWNTOWN AND MIDTOWN SAVANNAH FOR THE BENEFIT OF STUDENTS, AND THROUGH THIS INITIATIVE, THE SCAD DEPARTMENT OF UNIVERSITY SAFETY ALSO PROVIDES SUPPORT TO THE SAVANNAH POLICE DEPARTMENT. IN JANUARY 2017, SCAD STUDENTS AND STAFF VOLUNTEERED AT MEALS ON WHEELS TO PACK MEALS FOR HUNDREDS OF SENIOR CITIZENS IN ATLANTA. WHILE SOME OF THE GROUP PREPARED MEALS FOR DELIVERY, OTHERS LED DRAWING EXHIBITIONS AND GAMES FOR THE SENIORS. FOR GEORGIA DAY 2017, SCAD HONORED SAVANNAH'S HISTORY WITH SAVANNAH SONGS, VIGNETTES AT FOUR SCAD BUILDINGS HIGHLIGHTING FOUR PERIODS IN SAVANNAH HISTORY. TOUR GROUPS WERE LED TO GRYPHON FOR A VIGNETTE SET IN THE ROARING TWENTIES ABOUT JOHNNY MERCER, TO ART'S CAFE FOR A VIGNETTE TELLING THE STORY OF SCAD'S OPENING AND FIRST STUDENTS, TO MORRIS HALL FOR A VIGNETTE SET IN THE 19TH CENTURY AND THE STORY OF ALEXANDER SMETS, AND TO POETTER HALL FOR A VIGNETTE ABOUT THE 1940S AND WWII. SAVANNAH SONGS ALLOWED VISITORS TO IMAGINE IMPORTANT MOMENTS IN SAVANNAH'S HISTORY. |
| FORM 990, PART I, LINE 1 |
SCAD PROVIDES STUDENTS AN AVENUE TO PARTICIPATE IN COMMUNITY SERVICE INITIATIVES THROUGH SCAD SERVE. SCAD SERVE'S INITIATIVES INCLUDE HEALING AND EDUCATING THROUGH ART (PROVIDING ART THERAPY AT THE ANDERSON CANCER INSTITUTE AT MEMORIAL HOSPITAL IN SAVANNAH), HABITAT FOR HUMANITY (ASSISTING WITH THE CONSTRUCTION OF HOMES AND COLLECTING DONATIONS AT THE RESTORE), KIDS CAFE (VISITING AFTER-SCHOOL PROGRAMS TO ENGAGE CHILDREN IN ART PROJECTS AND SOCIAL DEVELOPMENT), PET PROJECT (SOCIALIZING DOGS AND CATS AT THE SAVANNAH-CHATHAM ANIMAL CONTROL ADOPTION CENTER), SILVER (OUTREACHING TO SENIOR CITIZENS), AND ALTERNATIVE SPRING BREAK (TRAVELING TO VARIOUS LOCATIONS TO HELP COMMUNITIES WITH SPECIFIC PROJECTS). IN 2016-17, SCAD SERVE STUDENTS, FACULTY, AND STAFF COMPLETE MORE THAN 20,000 HOURS OF COMMUNITY SERVICE. ONE SPECIAL EVENT IN FALL 2016 WAS PAINTING MURALS ON HOSPITAL ROOM DOORS AT MEMORIAL UNIVERSITY MEDICAL CENTER IN SAVANNAH TO BRING CHEER TO ILL PATIENTS. IN MAY 2017, GOODWILL SOUTHEAST GEORGIA HONORED SCAD WITH THE GREEN PARTNERSHIP AWARD, WHICH CELEBRATES AN ORGANIZATION THAT ACTIVELY SUPPORTS GOODWILL'S COMMITMENT TO RESPONSIBLE RECYCLING AND KEEPING ITEMS OUT OF THE WASTE STREAM. SINCE 2013, SCAD HAS CHAMPIONED THE "GOODWILL, NOT LANDFILL" CAMPAIGN, PLACING CONVENIENT DONATION BINS AT 11 LOCATIONS NEAR RESIDENCE HALLS WHERE STUDENTS CAN DONATE UNWANTED ITEMS RATHER THAN THROWING THEM IN THE TRASH, AND SCAD DELIVERS THE ITEMS TO GOODWILL, SUPPORTING THAT ORGANIZATION'S MISSION TO PROVIDE JOBS AND JOB TRAINING FOR INDIVIDUALS WITH DISABILITIES, VETERANS, AND OTHERS. AS A RESULT, NEARLY 150,000 POUNDS HAVE BEEN DIVERTED FROM LANDFILLS TO DATE. SCAD HAS THREE MUSEUMS, ALL OF WHICH ARE OPEN TO THE PUBLIC. IN SAVANNAH, THE SCAD MUSEUM OF ART, DESIGNED BY ARCHITECT AND SCAD ALUMNUS CHRISTIAN SOTTILE, IS AN AWARD-WINNING CONTEMPORARY ART AND DESIGN MUSEUM BUILT FROM THE NATION'S OLDEST SURVIVING ANTEBELLUM RAILROAD DEPOT. OFFERING AN ARRAY OF EXHIBITIONS AND EVENTS THROUGHOUT THE YEAR, THE SCAD MUSEUM OF ART ATTRACTS MORE THAN 40,000 VISITORS ANNUALLY. IN ATLANTA, SCAD FASH MUSEUM OF FASHION AND FILM, WITHIN ITS 10,000 SQUARE FEET OF ADAPTABLE EXHIBITION SPACE, BRINGS A DYNAMIC AND DISTINCT SCHEDULE OF FASHION-FOCUSED EXHIBITIONS AND COMPELLING FILMS. AN ADDITIONAL 27,000 SQUARE FEET ACADEMIC AND STUDIO SPACE ALSO SURROUNDS THE PERIMETER OF THE MUSEUM, INCLUDING A FASHION RESOURCE LIBRARY AND GARMENT COLLECTION AND FILM SALON. THE SCAD LACOSTE ADMISSION AND HISTORY CENTER, HOUSED IN A FORMER 17TH-CENTURY KITCHEN, HOLDS ARTIFACTS THAT SCAD PRESERVATIONISTS DISCOVERED WHILE RESTORING THE SCAD LACOSTE FACILITIES, INCLUDING ROMAN CARVINGS AND COINS, MEDIEVAL ARTIFACTS, WORLD WAR II BULLETS, AND A 16TH-CENTURY CANNONBALL. SCAD CREATES K-12 CURRICULUM GUIDES TO ACCOMPANY EXHIBITIONS AT THE SCAD MUSEUM OF ART IN SAVANNAH AND SCAD FASH MUSEUM FOR FASHION AND FILM IN ATLANTA. ALIGNED WITH THE NATIONAL VISUAL ARTS STANDARDS, THE AWARD-WINNING CURRICULUM GUIDES ARE MADE AVAILABLE FREE OF CHARGE TO EDUCATORS AND STUDENTS, AND DURING 2016-17 CURRICULUM GUIDES WERE DEVELOPED FOR DOZENS OF SCAD EXHIBITIONS AND WERE DISTRIBUTED TO SCHOOL GROUPS VISITING SCAD MUSEUMS. SCAD REGULARLY HOSTS SCHOOL GROUPS FOR MUSEUM TOURS, AND IN 2016-17, MORE THAN 1,600 K-12 STUDENTS VISITED SCAD MUSEUMS. AT SCAD, ALL GALLERY EXHIBITIONS AND LECTURES ARE FREE AND OPEN TO THE PUBLIC (THE SCAD MUSEUM OF ART AND SCAD FASH CHARGE A MODEST ADMISSION AND OFFER DISCOUNTS TO MILITARY AND SENIOR CITIZENS AND CHILDREN UNDER 14 ARE FREE). ANNUALLY, THE SCAD MUSEUM OF ART HOSTS A FAMILY DAY WITH FREE ADMISSION AND MANY EDUCATIONAL ACTIVITIES FOR CHILDREN AND FAMILIES, AND SCAD MOA AND SCAD FASH ALSO PARTICIPATE IN GEORGIA'S SUPER MUSEUM SUNDAY WITH FREE ADMISSION. IN 2016-17, SCAD ALSO HOSTED EDUCATIONAL ART FESTIVALS THAT WERE FREE AND OPEN TO THE PUBLIC, INCLUDING SCAD DEFINE ART, SCADSTYLE, SIDEWALK ARTS FESTIVAL, AND SAND ARTS FESTIVAL. IN 2016-17, THE NUMBER OF VOLUNTEER EVENTS IN WHICH STUDENTS, STAFF, AND FACULTY PARTICIPATED INCREASED SIX PERCENT, FROM 99 EVENTS IN 2015 TO 105 EVENTS IN 2016. |
| FORM 990, PART VI, SECTION A, LINE 2 |
THERE IS A FAMILY RELATIONSHIP BETWEEN PAULA WALLACE AND JOHN PAUL ROWAN. THERE IS A FAMILY RELATIONSHIP BETWEEN PAULA WALLACE AND GLENN E. WALLACE. |
| FORM 990, PART VI, SECTION B, LINE 11B |
PRIOR TO FILING, THE RETURN WAS DISTRIBUTED TO BOARD MEMBERS PROVIDING AN OPPORTUNITY TO ASK QUESTIONS AND PROVIDE INPUT. |
| FORM 990, PART VI, SECTION B, LINE 12C |
THE UNVERSITY'S CORPORATE GOVERNANCE POLICY, WHICH IS AVAILABLE TO ALL EMPLOYEES VIA THE INSTITUTION'S INTRANET AND EMPLOYEE HANDBOOK, PROVIDES GUIDANCE TO ALL EMPLOYEES ON ISSUES OF CONFLICTS OF INTEREST. THE BOARD OF TRUSTEES IS RESPONSIBLE FOR EVALUATING ANY CONFLICTS OF INTEREST AND, IF APPROPRIATE, AUTHORIZING ANY CONTRACT OR TRANSACTION BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE DISINTERESTED TRUSTEES IF THERE IS A CONFLICT OF INTEREST INVOLVING TRUSTEES. THE UNIVERSITY OBTAINS ANNUALLY A DISCLOSURE OF POTENTIAL CONFLICTS BY TRUSTEES AND MEMBERS OF SENIOR MANAGEMENT. A WHISTLE BLOWER REPORTING PROCESS HAS BEEN ESTABLISHED. THERE IS A DESIGNATED FULL-TIME COMPLIANCE OFFICER THAT INVESTIGATES AND RESOLVES ETHICS COMPLAINTS, INCLUDING CONFLICTS OF INTEREST, INVOLVING EMPLOYEES. |
| FORM 990, PART VI, SECTION B, LINE 15 |
FORM 990 PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL: ANSWERED IN SCHEDULE J. FORM 990 PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS THE COMPENSATION OF EACH MEMBER OF SENIOR MANAGEMENT IS SET BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FOLLOWING THE PROCEDURES AND STANDARDS SET FORTH IN THE IRS REGULATIONS IN ORDER TO RECEIVE THE "REBUTTABLE PRESUMPTION". AN INDEPENDENT CONSULTING FIRM (AON) THAT SPECIALIZES IN COMPENSATION AND BENEFITS PROVIDES MARKET INFORMATION FOR EACH POSITION VIA A COMPENSATION STUDY THAT INCLUDES CONSIDERATION OF THE COMPENSATION PAID BY OTHER EDUCATIONAL INSTITUTIONS. THE COMPENSATION EXPERT PROVIDES A WRITTEN OPINION ON THE REASONABLENESS OF COMPENSATION. THIS PRACTICE ALSO INCLUDES THE COMPENSATION PAID TO ANY INDIVIDUAL RELATED TO A MEMBER OF SENIOR MANAGEMENT OR THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 |
FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE CONFLICTS OF INTEREST POLICY IS PUBLISHED IN THE EMPLOYEE HANDBOOKS AND AVAILABLE ON MYSCAD, THE INSTITUTION'S INTRANET. THE GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE NOT DISSEMINATED TO THE PUBLIC AT THIS TIME. |
| FORM 990 PART XII LINE 2C |
THE BOARD HAS ESTABLISHED AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE INTERNAL AND EXTERNAL AUDIT FUNCTIONS. THE AUDIT COMMITTEE IS ALSO RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT ACCOUNTING FIRM THAT AUDITS THE INSTITUTION. |
Attach to Form 990 or 990-EZ.