FORM 990, PART VI, SECTION B, LINE 11B |
APPROPRIATE INDIVIDUALS IN MANAGEMENT AND THE AUDIT AND COMPLIANCE COMMITTEE MEMBERS OF THE BOARD REVIEW THE RETURN BEFORE FILING WITH THE IRS. |
FORM 990, PART VI, SECTION B, LINE 12C |
AT EVERY BOARD MEETING PRIOR TO APPROVING GRANTS, THE BOARD IS ASKED TO DISCLOSE ANY CONFLICT. ANNUALLY, BOARD AND STAFF ARE REQUIRED TO SIGN DISCLOSURE STATEMENTS. ANNUALLY, THE BOARD RECEIVES TRAINING ON CONFLICT OF INTEREST. |
FORM 990, PART VI, SECTION B, LINE 15 |
THE COMPENSATION OF THE CEO/PRESIDENT IS THE RESPONSIBILITY OF THE EXECUTIVE COMMITTEE OF THE INDEPENDENT BOARD OF DIRECTORS. A MATRIX IS USED TO DETERMINE PERFORMANCE. COMPARABLE COMPENSATION DATA IS USED AND APPROVED BY THE EXECUTIVE COMMITTEE. COMPENSATION DECISIONS FOR KEY OFFICERS ARE THE RESPONSIBILITY OF THE CEO/PRESIDENT. OUTSIDE INFORMATION REGARDING SALARIES PAID BY SIMILAR ORGANIZATIONS IS EVALUATED. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND UPON REQUEST. OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST AS WELL. |
FORM 990, PART XI, LINE 9: |
ENDOWMENT AGENCY FUND ACTIVITY -817,954. CHANGE IN VALUE OF BENEFICIAL INTEREST IN POOLED INCOME FUND -128,638. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -172,080. TRANSFER OF ASSETS UNDER MANAGEMENT -1,811. PASSTHROUGH LOSS FROM K-1 2,711. |
FORM 990 AND FORM 990-T |
WE ARE AMENDING FORM 990, SCHEDULE F, PART IV LINE 5 TO INDICATE THAT THE ORGANIZATION OWNS AN INTEREST IN A FOREIGN PARTNERSHIP. THE 990-T IS ALSO BEING AMENDED TO REMOVE THE AMOUNT OF QUALIFIED TRANSPORTATION FRINGE BENEFITS PREVIOUSLY REPORTED AS UNRELATED BUSINESS INCOME, WHICH HAS BEEN REPEALED IN ACCORDANCE WITH THE SIGNING OF THE "FURTHER CONSOLIDATED APPROPRIATIONS ACTS, 2020" ON DECEMBER 20, 2019. |
FORM 990 SCHEDULE R PART I |
THE ADDRESS TO MCF REAL PROPERTY LLC ON SCHEDULE R, PART I HAS BEEN UPDATED TO REFLECT THE CORRECT ADDRESS. |