| Form 990, Part VI, Line 3 Delegation of management duties |
THE EMPLOYEES OF SILICON VALLEY COMMUNITY FOUNDATION, THE SUPPORTED EXEMPT ORGANIZATION, PERFORMED THE DAY TO DAY OPERATIONS OF THE REAL ESTATE TRUST. THE COMMUNITY FOUNDATION WAS REIMBURSED FOR THESE SERVICES. |
| Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body |
There are no other committees than the governing board. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body |
THE FORM 990 IS PLACED ON A SECURED WEBSITE OR SENT BY EMAIL FOR THE GOVERNING BODY TO REVIEW AND COMMENT PRIOR TO 990 FILING. REVIEW IS VERIFIED BY EMAIL. |
| Form 990, Part VI, Line 12c Conflict of interest policy |
In connection with any actual or possible conflict of interest, an interested person must disclose to the governing board on an annual basis through the "990 and Conflict of Interest" questionnaire and upon discovery of a potential conflict within 30 days. Via the questionnaires, provided by the Executive Vice President of Finance and Operations, the interested person must disclose a list of offices and directorships he or she holds in charitable and business organizations and to identify his or her place of employment or principal business activity as well as the organizations, corporations and other businesses with which each person and his or her spouse or other relative may be affiliated. After disclosure by the interested person of all related financial interests and all related material facts, the board will discuss and make a determination if a conflict of interest exists. In the event the organization is considering a procurement of services from an organization in which an interested person is an officer, director, or is employed, the interested person shall so inform the governing board of the conflict. The interested person may be present during the deliberation to answer questions, but must recuse himself/herself from voting on the procurement. |
| Form 990, Part VI, Line 19 Required documents available to the public |
THE AUDITED FINANCIAL STATEMENTS AND GOVERNING/ORGANIZING DOCUMENTS CAN BE REVIEWED IN THE OFFICE, ON A CD OR THROUGH EMAIL UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances |
PRESENT VALUE ADJUSTMENT ON LIFE ESTATE - 447472; |
| FORM 990, PART VI, LINE 15 PROCESS TO ESTABLISH COMPENSATION |
THE REAL ESTATE TRUST HAS NO EMPLOYEES. THE COMPENSATION OF THE EMPLOYEES OF THE SILICON VALLEY COMMUNITY FOUNDATION IS SUBJECT TO THE NORMAL REVIEW AND APPROVAL PROCESS OF THE COMMUNITY FOUNDATION. |
Attach to Form 990 or 990-EZ.