SCHEDULE O
(Form 990)

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.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
CORVALLIS PUBLIC SCHOOLS FOUNDATION
 
Employer identification number

93-1208608
Return Reference Explanation
Form 990, Part VI, Section B, Line 11b Prior to filing Form 990 with the Internal Revenue Service, the executive director and finance committee of the Board of Trustees review the return, make suggestions about any changes needed to make the return more accurate, and then make a recommendation to the full Board about approving the return as prepared or with recommended revisions. The Board of Trustees then reviews and approves Form 990 for filing.
Form 990, Part VI, Section B, Line 12c The Board of Trustees provides all trustees with the conflict of interest policy and disclosure statements. The policy is discussed, and individual trustees are required to disclose all interests on the annual disclosure statements. Trustees are required to disclose any conflicts that arise on issues that are brought before the Board and then abstain from participating in the discussion or voting on such issues.
Form 990, Part VI, Section B, Line 15 Before the executive director is hired for the Foundation, the Board of Trustees conducts a review of the compensation and benefits for the position, including a review of comparability data for similar positions, and substantiates its review of the compensation to be received by the executive director. After the executive director is hired, the Board performs this review every several years.
Form 990, Part VI, Section C, Line 19 The latest filed Form 990, IRS determination letter, corporate bylaws, financial statements and conflict of interest policy are provided upon request.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2021


Additional Data


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