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        <ExplanationTxt>THE BOARD REGULARLY MONITORS THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. MEMBERS ARE REQUIRED TO COMPLY WITH AN SIGN OFF ON THE POLICY. THE CHAIRMAN OF THE BOARD OF BOTH THE FOUNDATION AND VENTURA COUNTY COMMUNITY FOUNDATION (THE SUPPORTED ORGANIZATION) MEET TO REVIEW THE CONTRACTS FOR ANY CONFLICTS. IF A CONFLICT IS FOUND TO EXIST, THE PERSON WITH THE CONFLICT IS ASKED TO RECLUSE HIM/HERSELF FROM ANY VOTING ON RELATED MATTERS.</ExplanationTxt>
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        <ExplanationTxt>THE FORM 1023, GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND ALL POLICIES CURRENTLY IN PLACE ARE AVAILABLE UPON REQUEST. THE 990 IS AVAILABLE UPON REQUEST AND IS PROVIDED VIA THE WEB ON GUIDESTAR.</ExplanationTxt>
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