2023-10-10T18:15:31-05:00 2021-06-30 341884125 CBIZ MHM LLC 4722 N 24TH ST STE 300 PHOENIX AZ 85016 990 2020-07-01 860465177 CATHOLIC COMMUNITY FOUNDATION FOR THE DIOCESE OF PHOENIX CATH 4806518800 4500 S LAKESHORE DRIVE NO 650 TEMPE AZ 85282 KYLE FELIX COO 4806518800 2023-10-10 1 KYLE FELIX 999009999 AMY A O'LOUGHLIN P00869687 6022646835 2023-10-10 3 AAL1 IAL1 2020 2023-04-26 12:10:37Z JAMES CARABAJAL 4500 S LAKESHORE DRIVE NO 650 TEMPE AZ 85282 83618711 0 X WWW.CCFPHX.ORG X 1983 AZ TO BUILD THE FUTURE OF THE FAITH BY PROVIDING SUSTAINABLE SUPPORT FOR THOSE WHO SERVE OUR COMMUNITY 25 25 9 50 5281 3280 4160666 6257713 672358 805215 1806086 2301592 0 0 6639110 9364520 2976201 2138804 0 0 754442 791483 8750 6000 489229 453081 341291 4192474 3277578 2446636 6086942 71366555 101180197 27792199 42631338 43574356 58548859 THE CATHOLIC COMMUNITY FOUNDATION IS A FINANCIAL INSTITUTION WHOSE MISSION IS TO BUILD THE FUTURE OF THE FAITH BY PROVIDING SUSTAINABLE SUPPORT FOR THOSE WHO SERVE OUR COMMUNITY. 0 0 138453 136200 CATHOLIC GIVING CIRCLE - THE GIVING CIRCLE IS A PROGRAM THAT INVITES INDIVIDUALS FROM ALL WALKS OF LIFE TO PARTICIPATE IN A TRULY UNIQUE GRANTING OPPORTUNITY. MEMBERS OF THE CIRCLE JOIN BY PAYING A MEMBERSHIP DUE, AND ALL DUES ARE ACCUMULATED INTO A COLLECTIVE POOL AND GRANTED OUT TO ORGANIZATIONS, AS VOTED BY THE GROUP. ADDITIONAL FUNDS ARE ALSO GENERATED FROM THE FOUNDATION'S FOREVER FUND ENDOWMENTS AND ADDED TO THE COLLECTIVE POOL. ANNUALLY A 'PITCH DAY' IS HELD WHERE ORGANIZATIONS SEEKING THE GRANT MONEY COME AND PRESENT IN FRONT OF THE GROUP TO DEMONSTRATE THEIR NEED AND USE FOR THE POTENTIAL FUNDS. THIS YEAR WAS THE LARGEST GROUP TO DATE WITH OVER 80 MEMBERS! APPROXIMATELY $136,000 WAS GRANTED OUT TO THE COMMUNITY. 19000 19000 NEEDS BASED SCHOLARSHIPS PROGRAM - THE FOUNDATION LAUNCHED THE NEEDS BASED SCHOLARSHIP PROGRAM IN 2020 WHICH IS FOCUSED ON HELPING STUDENTS WITH FINANCIAL NEED AS DETERMINED BY THE PRINCIPAL OF EACH SCHOOL. THIS PROGRAM AWARDS RECIPIENTS $17,000 OVER A 5-YEAR PERIOD, WITH STUDENTS RECEIVING $1,000 IN GRADE 8 FOLLOWED BY $4,000 PAYMENTS FOR ALL FOUR YEARS OF HIGH SCHOOL. THIS YEAR THE FOUNDATION AWARDED THIS SCHOLARSHIP TO 16 STUDENTS ACROSS 14 SCHOOLS. IN TOTAL, THE FOUNDATION HAS AWARDED 35 SCHOLARSHIPS IN THE TWO YEARS SINCE THIS PROGRAM BEGAN. THE REVENUE FOR THIS PROGRAM IS DERIVED FROM ENDOWMENT INCOME. EXPENSE FOR THIS PROGRAM DECREASED SIGNIFICANTLY FROM THE PAST YEAR DUE TO THE CHANGE IN ACCOUNTING FOR SCHOLARSHIPS BROUGHT ON BY THE INTRODUCTION OF ASU 2018-08. 2158687 1983604 805215 ADMINISTRATIVE FEES THAT ARE EARNED THROUGH THE MANAGEMENT OF THE UNDERLYING INVESTMENT BALANCES OF FUND HOLDERS, WHICH ENTAILS INVESTMENT ALLOCATION DECISIONS AND PERFORMING ADMINISTRATIVE FUNCTIONS TO OPERATE AND MAINTAIN THE FUNDS OF DONORS. THE FOUNDATION FOCUSES ON ASSET PROTECTION, MANAGING AND BUILDING WEALTH WITH A CATHOLIC VALUES FOCUS, AND PROVIDING SERVICES FOR THOSE IN ALL STAGES OF LIFE (ENDOWMENT MANAGEMENT, ESTATE PLANNING, DONOR ADVISED FUNDS, CHARITABLE GIVING ANNUITIES, ETC.). 2316140 1 1 0 0 0 1 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 20 0 1 9 1 1 1 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 AZ X X TYLER GREUEL 4806518808 4500 S LAKESHORE DRIVE STE 650 TEMPE AZ 85282 STEVE STRICKBINE BOARD MEMBER 1.00 0.00 X 0 0 0 PEG WHALEN BOARD MEMBER 1.00 0.00 X 0 0 0 DAN WILHELM BOARD MEMBER 1.00 0.00 X 0 0 0 ROBERT WHITEHOUSE BOARD MEMBER 1.00 0.00 X 0 0 0 BISHOP THOMAS OLMSTEAD BOARD MEMBER 1.00 0.00 X 0 0 0 GARY NAQUIN BOARD MEMBER 1.00 0.00 X 0 0 0 FR MATT LOWRY BOARD MEMBER 1.00 0.00 X 0 0 0 GREG KRUZEL BOARD MEMBER 1.00 0.00 X 0 0 0 F MICHAEL GEDDES BOARD MEMBER 1.00 0.00 X 0 0 0 J TOMMY ESPINOZA BOARD MEMBER 1.00 0.00 X 0 0 0 ANTHONY EHMANN BOARD MEMBER 1.00 0.00 X 0 0 0 GONZALO DE LA MELENA BOARD MEMBER 1.00 0.00 X 0 0 0 JOHNATHAN COURY BOARD MEMBER 1.00 0.00 X 0 0 0 ANN COUCH BOARD MEMBER 1.00 0.00 X 0 0 0 DR MARIA CHAVIRA BOARD MEMBER 1.00 0.00 X 0 0 0 JANINE CAMPO BOARD MEMBER 1.00 0.00 X 0 0 0 FR FRED ADAMSON BOARD MEMBER 1.00 0.00 X 0 0 0 KEVIN CAMBERG VICE CHAIRMAN 1.00 0.00 X X 0 0 0 STEVE JEROME ESQ SECRETARY 1.00 0.00 X X 0 0 0 BRYAN BRADY TREASURER 1.00 0.00 X X 0 0 0 JOHN EVEN ESQ PAST CHAIRMAN 1.00 0.00 X 0 0 0 KAREN ABRAHAM CHAIRMAN 1.00 0.00 X X 0 0 0 SR MARY JORDAN HOOVER BOARD MEMBER 1.00 0.00 X 0 0 0 CYNTHIA SCHELLER BOARD MEMBER 1.00 0.00 X 0 0 0 JAMES CARABAJAL CEO 40.00 0.00 X 165416 0 15244 KYLE FELIX DIRECTOR OF FINANCE 40.00 0.00 X 116496 0 14697 281912 0 29941 2 0 1 0 0 6257713 1891770 6257713 ADMINISTRATIVE FEE 541900 805215 805215 805215 1289355 5281 1284074 75266428 74254191 1012237 1012237 1012237 9364520 805215 5281 2296311 1780841 1780841 357963 357963 314703 57091 91585 166027 295599 52247 87421 155931 60730 10735 17961 32034 71724 12678 21213 37833 48727 8613 14411 25703 34550 34550 6000 6000 56397 500 49225 6672 19711 136 17071 2504 32163 300 14457 17406 3593 3593 36287 5337 14104 16846 10612 147 4116 6349 2989 1201 1788 37079 37079 COMPUTER SOFTWARE AND S 46587 45387 1200 SPONSORSHIPS 23650 23650 DUES AND NON-COMPUTER S 10284 10019 265 27389 5902 8816 12671 3277578 2316140 472209 489229 6348 324665 139370 947098 15292 53551 48000 0 48000 48000 67287802 95997804 3869743 3809079 71366555 101180197 132875 91426 1022650 907973 195282 53217 25087801 40078022 1353591 1500700 27792199 42631338 X 17518115 23053938 26056241 35494921 43574356 58548859 71366555 101180197 X 6086942 9872899 -765786 -219552 X 0 1 X 1 0 X 5571443 4481589 2393563 4160666 6257713 22864974 5571443 4481589 2393563 4160666 6257713 22864974 7097876 15767098 885777 872196 1504275 1062284 1289355 5613887 70733 45551 5051 3280 124615 28603476 4412096 0.55120 0.50280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 109 16 3832072 339736 1339113 56577 6251816 1090642 1 1 0 1 X 29712524 837914 8663972 2208814 37005596 29343451 870677 920031 1421635 29712524 28407225 982211 1615897 1661882 29343451 27240853 625787 2125188 1584603 28407225 23177071 2577181 2897373 1410772 27240853 0.28000 0.60000 0.12000 0 0 48000 48000 48000 ANNUITY OBLIGATIONS 1500700 1500700 X 18252081 9872899 -91913 9780986 8471095 765787 127638 893425 9364520 3277578 0 3277578 0 3277578 PART IV, LINE 2B: FROM TIME-TO-TIME OTHER NOT-FOR-PROFIT ORGANIZATIONS SEEK TO ESTABLISH A FUND WITH THE FOUNDATION WITH ITS OWN FUNDS AND SPECIFIES ITSELF AS THE BENEFICIARY OF THAT FUND. IN EACH INSTANCE, THE FOUNDATION MAINTAINS VARIANCE POWER AND LEGAL OWNERSHIP OF AGENCY ENDOWMENT FUNDS AND AS SUCH CONTINUES TO REPORT THE FUNDS AS CASH AND INVESTMENTS OF THE FOUNDATION. HOWEVER, IN ACCORDANCE WITH SFAS NO. 136, A LIABILITY HAS BEEN ESTABLISHED FOR THE FAIR VALUE OF THE FUNDS, WHICH IS GENERALLY EQUIVALENT TO THE PRESENT VALUE OF FUTURE PAYMENTS EXPECTED TO BE MADE TO THE NPO'S. PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND, ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 OF THE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME DETERMINED TO BE UNRELATED BUSINESS TAXABLE INCOME WOULD BE TAXABLE. THE FOUNDATION EVALUATES ITS UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF ITS POLICIES AND PROCEDURES, REVIEW OF ITS REGULAR TAX FILINGS, AND DISCUSSIONS WITH OUTSIDE EXPERTS. THE FOUNDATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR FISCAL 2018, 2019 AND 2020 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE FOUNDATION'S FISCAL 2021 RETURN HAS NOT YET BEEN FILED AS OF THE DATE OF THIS REPORT. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN SPLIT INTEREST TRUST -91,913. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE 127,638. 1 AID TO WOMEN CENTER 1328 EAST APACHE BLVD TEMPE AZ 85281 860528953 501(C)(3) 5800 PROGRAM SUPPORT ANTHEM CARES THROUGH SERVICE 3655 W ANTHEM WAY ANTHEM AZ 85086 475614025 501(C)(3) 7000 PROGRAM SUPPORT AUGUSTINE INSTITUTE 6160 S SYRACUSE WAY STE 310 GREENWOOD VILLAGE CO 80111 202349108 501(C)(3) 17405 PROGRAM SUPPORT BOOST A FOSTER FAMILY INC 1402 E CATAMARAN DR GILBERT AZ 85234 813403400 501(C)(3) 25000 PROGRAM SUPPORT BROPHY COLLEGE PREPARATORY 4701 NORTH CENTRAL AVENUE PHOENIX AZ 85012 860119984 501(C)(3) 33500 PROGRAM SUPPORT CATHOLIC CHARITITES COMMUNITY SERVICE 4747 N 7TH AVE PHOENIX AZ 85013 860223999 501(C)(3) 20183 PROGRAM SUPPORT CHILDHELP INC 6730 N SCOTTSDALE STE 150 PARADISE VALLEY AZ 85253 952884608 501(C)(3) 20000 PROGRAM SUPPORT CHRIST THE KING PARISH 1551 E DANA AVE MESA AZ 85204 300513890 501(C)(3) 76501 PROGRAM SUPPORT CITY OF THE LORD 711 W UNIVERSITY DR TEMPE AZ 85281 860351356 501(C)(3) 8400 PROGRAM SUPPORT CROSIER VILLAGE OF PHOENIX 717 E SOUTHERB AVE PHOENIX AZ 85040 813525518 501(C)(3) 7500 PROGRAM SUPPORT DIOCESE OF NEWTON 3 VFW PKWY WEST ROXBURY MA 02132 042636319 501(C)(3) 6500 PROGRAM SUPPORT DIOCESE OF PHOENIX - BISHOP'S OFFICE 400 E MONROE ST PHOENIX AZ 85004 860223974 501(C)(3) 353360 PROGRAM SUPPORT DIOCESE OF PHOENIX - CDA 400 E MONROE ST PHOENIX AZ 85004 860223974 501(C)(3) 25850 PROGRAM SUPPORT DIOCESE OF PHOENIX - OFFICE OF MISSION ADVANCEMENT 400 E MONROE ST PHOENIX AZ 85004 860223974 501(C)(3) 49500 PROGRAM SUPPORT DOMINICAN SISTERS OF MARY 4597 WARREN RD ANN HABOR MI 48105 383349686 501(C)(3) 20000 PROGRAM SUPPORT E3-AFRICA 18521 E QUEEN CREEK RD STE 105-273 QUEEN CREEK AZ 85142 260843107 501(C)(3) 5250 PROGRAM SUPPORT FELLOWSHIP OF CATHOLIC UNIVERSITY STUDENTS PO BOX 17408 DENVER CO 80217 841522811 501(C)(3) 20400 PROGRAM SUPPORT FIRST PLACE PHOENIX 717 E MARYLAND 110 PHOENIX AZ 85014 461722227 501(C)(3) 15000 PROGRAM SUPPORT FRANCISCAN RENEWAL CENTER 5802 E LINCOLN DR SCOTTSDALE AZ 85253 860720036 501(C)(3) 9586 PROGRAM SUPPORT FULL CIRCLE 1955 W BASELINE RD MESA AZ 85202 813986834 501(C)(3) 9200 PROGRAM SUPPORT HOLY FAMILY HOSPITAL OF BETHLEHEM FOUNDATION 2000 P ST NW STE 310 WASHINGTON DC 20036 522050117 501(C)(3) 61000 PROGRAM SUPPORT INSTITUTE FOR BETTER EDUCATION 921 N SWAN RD TUCSON AZ 85711 237102832 501(C)(3) 8000 PROGRAM SUPPORT LA SALLE UNIVERSITY 1900 W OLNEY AVE PHILADELPHIA PA 19141 231352654 501(C)(3) 6000 PROGRAM SUPPORT LIFE TEEN INC ATTN LOCKBOX 117299 STOCKBRIDGE GA 30281 860602592 501(C)(3) 10000 PROGRAM SUPPORT MAGGIE'S PLACE PO BOX 1102 PHOENIX AZ 85001 860972675 501(C)(3) 5600 PROGRAM SUPPORT MELKITE EPARCHY OF NEWTON SEMINARY 802 RIFLE CAMP ROAD WOODLAND PARK NJ 07424 341390937 501(C)(3) 15000 PROGRAM SUPPORT MOUNT CLARET RETREAT CENTER 4633 N 54TH ST PHOENIX AZ 85018 320268278 501(C)(3) 72484 PROGRAM SUPPORT NOTRE DAME PREPARATORY HIGH SCHOOL 9701 E BELL RD SCOTTSDALE AZ 85260 262785863 501(C)(3) 6200 PROGRAM SUPPORT ORDER OF MALTA 7328 E DEER VALLEY ROAD SUITE 105 SCOTTSDALE AZ 85255 237450840 501(C)(3) 26000 PROGRAM SUPPORT ORDER OF MALTA WESTERN ASSOCIATION 610 16TH ST STE 410 OAKLAND CA 94612 237450840 501(C)(3) 42900 PROGRAM SUPPORT OUR LADY OF MOUNT CARMEL CATHOLIC CHURCH 2121 S RURAL RD TEMPE AZ 85252 364643600 501(C)(3) 10150 PROGRAM SUPPORT SANTA CLARA UNIVERSITY FINANCIAL AID OFFICE 500 EL CAMINO REAL SANTA CLARA CA 95053 941156617 501(C)(3) 11000 PROGRAM SUPPORT SCHOOL SISTERS OF NOTRE DAME CENTRAL PACIFIC PROVINCE 170 GOOD COUNSEL DR MANKATO MN 56001 410693976 501(C)(3) 6100 PROGRAM SUPPORT SISTERS OF THE HOLY FAMILY OF NAZARETH 310 N RIVER RD DES PLAINES IL 60016 205728349 501(C)(3) 6100 PROGRAM SUPPORT SOCIETY OF ST VINCENT DE PAUL PO BOX 13600 PHOENIX AZ 85002 860096789 501(C)(3) 33081 PROGRAM SUPPORT SOJOURNER CENTER PO BOX 20156 PHOENIX AZ 85036 942465081 501(C)(3) 25000 PROGRAM SUPPORT SOUTHWEST AUTISM RESEARCH 300 N 18TH ST PHOENIX AZ 85006 311496646 501(C)(3) 10000 PROGRAM SUPPORT ST ANTHONY MISSION CHURCH 47 W SACATON RD BLDG A SACATON AZ 85147 813710810 501(C)(3) 20000 PROGRAM SUPPORT ST FRANCIS XAVIER SCHOOL 4715 N CENTRAL AVE PHOENIX AZ 85012 383792643 501(C)(3) 8332 PROGRAM SUPPORT ST JOHN OF THE DESERT 3718 EAST GREENWAY ROAD PHOENIX AZ 85032 860799695 501(C)(3) 13400 PROGRAM SUPPORT ST JOHN PAUL II CATHOLIC HIGH SCHOOL 3120 N 137TH AVE AVONDALE AZ 85392 611815605 501(C)(3) 75000 PROGRAM SUPPORT ST MARIA GORETTI PARISH 6261 N GRANITE REEF RD SCOTTSDALE AZ 85250 364643819 501(C)(3) 26801 PROGRAM SUPPORT ST MARY'S CATHOLIC HIGH SCHOOL 2525 N 3RD ST PHOENIX AZ 85004 262791598 501(C)(3) 5000 PROGRAM SUPPORT ST PATRICK CATHOLIC CHURCH 428 S INDIANA AVE KANKAKEE IL 60901 362177130 501(C)(3) 12250 PROGRAM SUPPORT ST PATRICK PARISH 10815 N 84TH ST SCOTTSDALE AZ 85260 300514891 501(C)(3) 9881 PROGRAM SUPPORT ST THOMAS THE APOSTLE PARISH 2312 E CAMPBELL AVE PHOENIX AZ 85016 364643961 501(C)(3) 7585 PROGRAM SUPPORT ST TIMOTHY DAYCARE AND PRESCHOOL 2045 S PENNINGTON MESA AZ 85202 320267724 501(C)(3) 15000 PROGRAM SUPPORT STUDENTS FOR LIFE AMERICA 1000 WINCHESTER ST FREDERICKSBURG VA 22401 521576352 501(C)(3) 10000 PROGRAM SUPPORT ST VINCENT DE PAUL CATHOLIC SCHOOL 3130 N 51ST AVE PHOENIX AZ 85031 300515209 501(C)(3) 45000 PROGRAM SUPPORT ST VINCENT DE PAUL SCHOOL 3130 N 51ST AVE PHOENIX AZ 85031 300515209 501(C)(3) 51000 PROGRAM SUPPORT THE DWELLING PLACE OF NY INC 409 W 40TH ST NEW YORK NY 10018 133135424 501(C)(3) 20000 PROGRAM SUPPORT XAVIER COLLEGE PREPARATORY 4710 N 5TH ST PHOENIX AZ 85012 263832736 501(C)(3) 5500 PROGRAM SUPPORT 52 SCHOLARSHIPS 195 357963 PART I, LINE 2: INFORMATION REGARDING THE SELECTED GRANT RECIPIENTS IS ACQUIRED BY THE FOUNDATION PRIOR TO THE GRANTS BEING AWARDED. WITH THE EXCEPTION OF THE SCHOLARSHIP RECIPIENTS, ALL GRANTEES ARE IRC SECTION 501(C)(3) ORGANIZATIONS. THE FOUNDATION CONTINUES TO MONITOR GRANTS ISSUED TO SCHOOLS AND PARISHES TO ENSURE COMPLIANCE WITH GRANT GUIDELINES. X X X X X 0 0 0 0 0 0 0 1 0 JAMES CARABAJAL CEO 151667 0 12073 0 1676 0 1744 0 13500 0 180660 0 0 0 PART I, LINE 7 INCENTIVE PAYMENTS ARE GIVEN BASED ON MEETING ORGANIZATIONAL GOALS AND ARE AT THE DISCRETION OF THE BOARD OF DIRECTORS. X 43 1891770 STOCK QUOTE 0 1 1 PART I, LINE 32B: THE FOUNDATION USES A STOCK BROKERAGE FIRM TO RECEIVE AND SELL DONATED SECURITIES; FUNDS ARE THEN TRANSFERRED TO THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS EMAILED TO THE MEMBERS OF OUR FINANCE AND INVESTMENT COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, MEMBERS OF COMMITTEES AND EMPLOYEES OFTHE FOUNDATION SHALL SCRUPULOUSLY AVOID ANY CONFLICT BETWEEN THEIR OWN RESPECTIVE INTERESTS AND THE INTEREST OF THE FOUNDATION IN ANY AND ALL ACTIONS TAKEN BY THEM ON BEHALF OF THE FOUNDATION. SITUATIONS WHERE DIRECTORS OR MEMBERS DERIVE FINANCIAL BENEFITS FROM THE BOARD OR COMMITTEE SERVICE SHOULD BE AVOIDED. HOWEVER, IN THE EVENT ANY DIRECTORS OR MEMBERS OF THE FOUNDATION SHOULD HAVE ANY DIRECT OR INDIRECT INTEREST IN, OR RELATIONSHIP WITH, ANY INDIVIDUAL OR ORGANIZATION WHICH PROPOSES TO ENTER INTO ANY TRANSACTION WITH THE FOUNDATION FOR THE SALE, PURCHASE, LEASE OR RENTAL OF PROPERTY OR TO RENDER OR EMPLOY SERVICES, PERSONAL OR OTHERWISE, OR RECEIVE PECUNIARY CONSIDERATION FROM THE FOUNDATION IN THE FORM OF A FEE OR GRANT, SUCH DIRECTORS OR MEMBERS SHALL FORTHWITH GIVE THE BOARD OF DIRECTORS OF THE FOUNDATION NOTICE WITH FULL FACTUAL DISCLOSURES, OF SUCH INTEREST OR RELATIONSHIP AND SHALL THEREAFTER ABSENT THEMSELVES DURING BOTH EXPLICIT REVIEW OF THE MATTER. OFFICERS ARE REQUIRED TO COMPLETE THIS INFORMATION DURING THE ONBOARDING PROCESS AND THIS INFORMATION IS REAFFIRMED AND UPDATED EVERY AUGUST. FORM 990, PART VI, SECTION B, LINE 15 A FORMAL COMPENSATION STUDY IS COMPLETED EVERY 3 YEARS AND IS INITIATED BY THE COMPENSATION COMMITTEE AND APPROVED BY THE COMMITTEE AND BOARD. A SUB-COMMITTEE OF THE BOARD ISCHARGED WITH SUMMARIZING THE RESULTS OF COMPARATIVE SALARY RANGES FOR THE CEO USING STUDIES FROM A LOCAL UNIVERSITY, FORM 990S FROM COMPARABLE ORGANIZATIONS, AND ALSO A SALARY STUDY COMPLETED BY A NON-PROFIT ORGANIZATION THAT SERVES FOUNDATIONS. THE RESULTS ARE FORWARDED TO THE EXECUTIVE COMMITTEE TO FORMULATE AN EMPLOYMENT AGREEMENT DETAILING THE SALARY, BENEFITS AND DUTIES OF THE POSITION. PRIOR TO APPROVAL OF THE CEO'S CONTRACT, THE EXECUTIVE COMMITTEE AND BOARD MEETS IN EXECUTIVE SESSION TO DISCUSS AND DECIDE ON THE COMPENSATION OF THE CEO AND ALSO ADVISES ON OTHER STAFF POSITIONS. AFTER THAT PROCESS THE BOARD VOTES ON THE COMPENSATION AND THE RESULTS ARE THEN INCLUDED IN THE ORGANIZATION'S BUDGET WHICH IS ALSO APPROVED IN TOTAL BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS MADE AVAILABLE ON THE CCF WEBSITE AND GUIDESTAR. THE ORGANIZATION'S ARTICLES OF INCORPORATION, BY-LAWS, FINANCIAL STATEMENTS, AND FORM 990 ARE ALL AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT MAKE THE CONFLICT OF INTEREST POLICY DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENTS -219,552. EXETER PARTNERS LP 1116 PINE STREET HUNTINGTON BEACH CA 92648 330771937 INVESTMENT CA N/A UNRELATED -53328 1507717 0 0 0.97000 VERDE VLY L&C LLC PO BOX 1619 COTTONWOOD AZ 86326 710882293 RANCHING AZ N/A UNRELATED -190 3259808 0 -190 0 0.55590 W DART LLP PO BOX 1619 COTTONWOOD AZ 86326 860845544 INVESTMENT AZ N/A EXCLUDED -244 6479720 0 -244 0 0.97650 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0