FORM 990, PART VI, SECTION A, LINE 6 |
ANY PERSON WHO HAS MATRICULATED AT, BEEN EMPLOYED BY, OR IS A FRIEND OF CLEMSON UNIVERSITY MAY BECOME A "MEMBER" OF IPTAY IN ANY FISCAL YEAR UPON CONTRIBUTING TO IPTAY AN AMOUNT EQUAL TO THE MEMBERSHIP CONTRIBUTION. EACH DONOR SHALL BE CONSIDERED A MEMBER OF IPTAY FOR EACH YEAR IN WHICH SUCH DONOR HAS MADE THE MEMBERSHIP CONTRIBUTION. ALL MEMBERS SHALL HAVE THE RIGHT TO VOTE AT THE ANNUAL MEETING OF THE IPTAY MEMBERSHIP, TO SERVE IN CORPORATE OFFICE AND DIRECTORSHIP OF IPTAY, AND TO EXERCISE SUCH OTHER PRIVILEGES AS ESTABLISHED BY THE BOARD FROM TIME TO TIME. |
FORM 990, PART VI, SECTION A, LINE 7A |
UNDER THE TERMS OF THE BYLAWS, TWO MEMBERS OF THE BOARD OF TRUSTEES OF CLEMSON UNIVERSITY SHALL SERVE PURSUANT TO APPOINTMENT BY THE CHAIRMAN OF THE BOARD OF TRUSTEES OF THE UNIVERSITY. |
FORM 990, PART VI, SECTION B, LINE 11B |
THE FINANCE COMMITTEE REVIEWS THE 990 IN DETAIL AND A COPY IS PROVIDED TO THE FULL BOARD PRIOR TO FILING. |
FORM 990, PART VI, SECTION B, LINE 12C |
BOARD MEMBERS AND KEY EMPLOYEES ARE REQUIRED TO ACKNOWLEDGE RECEIPT OF THE CONFLICT OF INTEREST POLICY ANNUALLY. ANY DIRECTOR OR OFFICER SHALL DECLARE HIMSELF/HERSELF AS "ABSTAINING" FROM VOTING ON ANY MATTER IN WHICH SAID DIRECTOR OR OFFICER MAY BE CONSIDERED TO HAVE A CONFLICT OF INTEREST. |
FORM 990, PART VI, SECTION B, LINE 15 |
CLEMSON UNIVERSITY EMPLOYEE COMPENSATION SUPPORTING IPTAY OPERATIONS IS DETERMINED THROUGH THE UNIVERSITY HUMAN RESOURCES DEPARTMENT WITHIN THE GUIDELINES ESTABLISHED BY THE STATE OF SOUTH CAROLINA. |
FORM 990, PART VI, SECTION C, LINE 19 |
IPTAY'S BYLAWS, ARTICLES OF INCORPORATION, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON ITS WEBSITE. INFORMATION REGARDING THE FINANCIAL STATEMENTS CAN BE FOUND IN CLEMSON UNIVERSITY'S CAFR. FORM 990 IS AVAILABLE UPON REQUEST TO DAVIS BABB. |
FORM 990, PART XI, LINE 9: |
NET ASSET TRANSFERS FROM AFFILIATE 738. |