2021-07-03T14:30:55-07:00 2020-12-31 461778573 HAMBLIN AND ASSOCIATES LLC 23720 PONDVIEW PL GOLDEN CO 80401 990 2020-01-01 311650658 COMMUNITY FOUNDATION OF THE GUNNISON VAL FORMERLY GUNNISON AREA COMMUNITY FNDN COMM 9706418837 525 North Main Street GUNNISON CO 81230 Lauren Kugler Executive Dir. 2021-07-03 true Lauren Kugler 999009999 Lyman Hamblin P01701322 3036942727 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Lauren Kugler 525 North Main Street GUNNISON CO 81230 3336105 false X CFGV.ORG X 1997 CO PROVIDE A CHARITABLE CONDUIT TO IMPROVE THE GUNNISON AREA AS A PLACE TO LIVE 22 20 3 115 0 1323252 1650083 0 200061 1576130 1451539 109892 2974852 3336105 433460 878017 0 186582 200671 0 73453 202902 226531 822944 1305219 2151908 2030886 10370811 12463345 364193 425841 10006618 12037504 TO PROVIDE A PERMANENT ENTITY TO MANAGE RESOURCES TO HELP BUILDCOMMUNITY FOR THE BENEFIT OF ALL RESIDENTS OF THE GUNNISION WATERSHED. false false 1080600 867817 FACILITATE CONTRIBUTIONS AND FUNDING FOR VARIOUS COMMUNITY PROJECTS. 10200 10200 FACILITATE CONTRIBUTIONS FOR SCHOLARSHIPS AND GRANTS. 1090800 true true false false false true false false false true true false false false true true true false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false true 15 0 true 3 true false false false false false false false 0 false false false false false false false false false false X 22 20 false false false false false false false true true false false true true true true true true true true false X X COMMUNITY FOUNDATION OF THE GV 9706418837 525 North Main Street GUNNISON CO 81230 Pam Montgomery ED, EX-OFFICIO 40.00 0.00 X X 53739 0 0 Lauren Kugler ED, EX-OFFICIO 40.00 0.00 X X 19200 0 0 Bill Burke Member 5.00 0.00 X 0 0 0 Jim MacAllister Secretary 5.00 0.00 X 0 0 0 Dave Clayton Treasurer 5.00 0.00 X 0 0 0 Kathy Barnhart MEMBER 5.00 0.00 X 0 0 0 Tina Brudzinski MEMBER 5.00 0.00 X 0 0 0 Mark Ewing MEMBER 5.00 0.00 X 0 0 0 Anne Hausler MEMBER 5.00 0.00 X 0 0 0 Colleen Hegeman MEMBER 5.00 0.00 X 0 0 0 Aaron Huck Huckstep MEMBER 5.00 0.00 X 0 0 0 Gary Keiser MEMBER 5.00 0.00 X 0 0 0 LeeAnn Mick MEMBER 5.00 0.00 X 0 0 0 Greg Salsbury MEMBER 5.00 0.00 X 0 0 0 Doug Tredway MEMBER 5.00 0.00 X 0 0 0 Alica Corey MEMBER 5.00 0.00 X 0 0 0 Jacob With President 5.00 0.00 X 0 0 0 Cynthia Wolff MEMBER 5.00 0.00 X 0 0 0 Rose Tocke MEMBER 5.00 0.00 X 0 0 0 Roger Dorf MEMBER 5.00 0.00 X 0 0 0 Rob Gentry MEMBER 5.00 0.00 X 0 0 0 Robert Pickering MEMBER 5.00 0.00 X 0 0 0 72939 0 false false false 0 20220 1629863 3412 1650083 0 1576130 1576130 0 0 0 0 0 0 0 Other Income 900099 1565 1565 Realized Gain 900099 108327 108327 109892 3336105 109892 1576130 867817 867817 10200 10200 0 0 72939 20127 36089 16723 0 111533 48922 33940 28671 0 7749 3137 2558 2054 8450 3421 2790 2239 0 0 27600 27600 0 0 698 698 20100 18090 2010 15625 4976 10649 20279 5070 10139 5070 14315 3579 7156 3580 0 15079 3770 7539 3770 18 18 0 114 114 0 0 0 2787 697 1393 697 Admin fees 100622 100622 Misc 3946 3946 Education & professional dev 3113 3113 Programs for not-for-profits 2235 2235 0 1305219 1090800 140966 73453 228292 157090 232501 536434 0 0 0 0 45683 39632 0 0 36151 36151 0 9640666 11488356 91269 109433 0 0 132400 132400 10370811 12463345 13958 22220 350235 403621 364193 425841 X 1249780 1782965 8756838 10254539 10006618 12037504 10370811 12463345 2030886 X false true X true false X 1216580 1008554 678537 1298810 1649863 5852344 0 0 1216580 1008554 678537 1298810 1649863 5852344 0 5852344 146095 58449 66167 207497 196915 675123 0 264869 1187497 79576 1525533 1489323 4546798 11074265 0.52850 0.56390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42 567472 345353 6732584 true true 5751904 2135762 149082 74831 44886 9116603 5404360 222128 399753 219138 55199 5751904 5604040 308837 -427237 81280 5404360 5582279 283802 723613 981876 3778 5604040 5057429 690022 179206 272331 72047 5582279 0.13000 0.87000 false false false 36151 36151 Agency obligations 403621 403621 X 3336105 3336105 3336105 1305219 1305219 1305219 Part V, Line 4: Intended uses of the endowment fund. CHARTER ENDOWMENT: WHEN THE FUND REACHES $1,000,000, THE EARNINGS WILL BE SUBJECT TO THE FOUNDATION'S SPENDING POLICY AND USED FOR GENERAL GRANTMAKING BY THE FOUNDATION.KIDS KOUNT ENDOWMENT: THE CORPUS REACHES $100,000, THE EARNINGS ARE SUBJECT TO THE FOUNDATION'S SPENDING POLICY AND USED FOR GRANT MAKING TO THE RE1J SCHOOL SYSTEM.4-H FOREVER ENDOWMENT: SUBJECT TO THE AMOUNT AVAILABLE EACH YEAR AS DETERMINED BY THE FOUNDATION'S SPENDING POLICY, USED FOR SUPPORT OF 4-H PROGRAMMING.SLATE RIVER ENDOWMENT FOR ALTERNATIVE EDUCATION AND ARTS PROGRAMS:SUBJECT TO THE AMOUNT AVAILABLE EACH YEAR AS DETERMINED BY THE FOUNDATION'S SPENDING POLICY, FOR USE BY THE FOUNDATION TO FUND PROGRAMS CLASSIFIED AS ALTERNATIVE EDUCATION AND ARTS PROGRAMS FOR CHILDREN.DAN TREDWAY MEMORIAL EXCELLENCE IN TEACHING AWARD: $2000 PER YEAR AWARD TO A TEACHER IN THE GUNNISON PUBLIC SCHOOLS MEETING SPECIFIC CRITERIA IN THE DOCUMENTS CREATING THE AWARD.ACORN FUND 1: WHEN THE CORPUS REACHES $10,000, THE ANONYMOUS DONOR ADVISOR WILL BE ABLE TO RECOMMEND GRANTS BASED ON THE AMOUNT AVAILABLE EACH YEAR AS DETERMINED BY THE FOUNDATION'S SPENDING POLICY.WILLIAM B. ENDNER ENDOWMENT: SUBJECT TO THE FOUNDATION'S SPENDING POLICY, THE AMOUNT AVAILABLE EACH YEAR MAY BE RECOMMENDED BY ADVISORS FOR USE BY NONPROFITS THAT BENEFIT THE CITIZENS OF THE CITY OF GUNNISON AND SURROUNDING AREAS.GUNNISON ARTS CENTER ENDOWMENT FUND: THE PURPOSE OF THE FUND IS TO PROVIDELONG-TERM RESERVES TO SUPPORT THE GUNNISON COUNCIL FOR THE ARTS/GUNNISON ARTS CENTER. DISTRIBUTIONS FROM THE FUND SHALL BE UNRESTRICTED FOR THE PURPOSE OF SUPPORTING PROGRAMMING, STAFFING, AND/OR OPERATING AND MAINTAINING A COMMUNITY ARTS CENTER FOR GUNNISON COLORADO. DISTRIBUTIONS WILL BE SUBJECT TO THE FOUNDATION'S SPENDING POLICY WHEN THE CORPUS REACHES $175,000.GUNNISON VALLEY HOCKEY ASSOCIATION YOUTH ENDOWMENT: THE PURPOSE OF THE FUND IS TO PROVIDE LONG-TERM RESERVES TO SUPPORT THE YOUTH PROGRAMS OF THE GUNNISON VALLEY HOCKEY ASSOCIATION, AND TO PROVIDE OPPORTUNITIES TO DEVELOP NEW HOCKEY PROGRAMS AND SERVICES FOR THE YOUTH OF THE COMMUNITY. DISTRIBUTIONS MAY BE MADE ACCORDING TO THE FOUNDATIONS SPENDING POLICY FROM EARNINGS ONLY, ONCE THE HISTORIC BALANCE OF $100,000 IS REACHED.PARADISE PLACE SCHOOL ENDOWMENT FUND: THE PURPOSE OF THIS FUND IS TO PROVIDE LONG-TERM FUNDS TO SUPPORT THE PROGRAMS OF PARADISE PLACE SCHOOL IN CRESTED BUTTE, COLORADO. THE FUND IS PERMANENTLY ENDOWED AND WILL BE SUBJECT TO THE FOUNDATIONS SPENDING POLICY, ALLOWING FOR DISTRIBUTIONS OF EARNINGS ONLY. Part X : FIN48 Footnote The Foundation follows FIN 48 Accounting for Uncertainty in Income Taxes accounting standard which requires the Foundation to determine whether a tax position is more likely than not to be sustained upon examination. The Foundation believes it has appropriate support for any tax position taken, and as such, does not have any uncertain tax positions that are significant to the financial statements. true 4-H FOREVER 275 SOUTH SPRUCE ST GUNNISON CO 81230 8961 0 PROGRAM SUPPORT Center for Mental Health 710 N Taylor St Gunnison CO 81230 10000 0 Center for The Arts 606 6th St Crested Butte CO 81224 165000 0 CAPITAL SUPPORT, GEN OP City of Gunnison 201 W Virginia Ave Gunnison CO 81230 28089 0 Crested Butte Land Trust PO Box 2224 CRESTED BUTTE CO 81224 841190830 30500 0 GENERAL OPERATING AND PROG SUPPORT Crested Butte State of Mind PO Box 2689 Crested Butte CO 81224 80201 0 GEN OPS Gunnison Arts Center 102 S Main St PO Box 1772 Gunnison CO 81230 742325340 49000 0 General Operations Gunnison Cnty Health & Human PO Box 479 Gunnison CO 81230 49500 0 PROGRAM SUPPORT Gunnison Country Food Pantry PO Box 7077 GUNNISON CO 81230 208197462 14000 0 PROGRAM SUPPORT Gunnison Hinsdale Early Child 200 E Virginia Gunnison CO 81230 20950 0 PROGRAM SUPPORT GUNNISON VALLEY EDUCATION FND 525 N MAIN ST GUNNISON CO 81230 5772 0 PROGRAM SUPPORT GUNNISON VALLEY HEALTH 711 N TAYLOR STREET GUNNISON CO 81230 841288611 15976 0 PROGRAM SUPPORT Gunnison Valley Hlth Senior C 1500 W Tomichi Ave Gunnison CO 81230 25000 0 PROGRAM SUPPORT Gunnison Watershed Scl Dist 800 North Boulevard gunnison CO 81230 846013483 18488 0 GENERAL OPERATING SUPPORT HISPANIC AFFAIRS PROJECT PO BOX 2024 MONTROSE CO 81402 271276653 18000 0 GENERAL OPERATING Living Journeys PO Box 2024 Crested Butte CO 81224 341974654 11960 0 PROGRAM SERVICES Mountain Roots Food Project PO Box 323 Gunnison CO 81230 39721 0 PROGRAM SUPPORT Tenderfoot Child & Family Dev 700 N Colorado St Gunnison CO 81230 10000 0 10 8 Scholarship 4 10275 EXCELLENCE IN TEACHING AWARD 1 2000 Additional Supplemental Information EXPLANATION: ADDED TO DUE DILIGENCE PROCESS TO COMPLY WITH THE 2006PENSION PROTECTION ACT:IF AT ANY TIME A GRANT RECOMMENDATION IS FOR AN ORGANIZATION THAT OTHER THAN A 501(C)(3), ADDITIONAL RESEARCH AND ASSESSMENT WILL BEUNDERTAKEN (EXPENDITURE RESPONSIBILITIES) TO DETERMINE THE EXACTTAX-EXEMPT CLASSIFICATION OF THE ORGANIZATION. AS NECESSARY, THEEXECUTIVE DIRECTOR WILL CONDUCT A PRE-GRANT INQUIRY TO DETERMINE IF THEPURPOSE FOR WHICH THE GRANT IS BEING RECOMMENDED IS CHARITABLE, THEGRANTEE IS ABLE TO PERFORM THE PROPOSED ACTIVITY, THE GRANTEE MAINTAINSSEPARATE ACCOUNTS FOR CHARITABLE AND NON-CHARITABLE FUNDS, AND THEFOUNDATION WILL REQUIRE THAT FOLLOW-UP REPORTS BE PROVIDED ON THE USEOF THE GRANT RECEIVED. IF THOSE REQUIREMENTS ARE SATISFIED, THE BOARDMAY CONSIDER THE RECOMMENDATION. AT THIS TIME, GRANTS TO SUPPORTINGORGANIZATIONS ARE NOT ALLOWED FROM DONOR ADVISED FUNDS AT THE CFGV. IFOUR POLICY REGARDING SUPPORTING ORGANIZATIONS SHOULD CHANGE, ANYCONTROL OR CONNECTION TO THE DONOR ADVISOR OR HIS APPOINTEE WILL ALSOBE IDENTIFIED AND DISCLOSED AT THAT TIME. SINCE THE RECOMMENDEDGRANTEE WOULD NOT BE WITHIN THE TAX CLASSIFICATIONS THE FOUNDATIONWISHES TO SUPPORT THROUGH ITS DONOR-ADVISED FUND PROGRAM, AND SINCETHESE SPECIAL EXPENDITURE RESPONSIBILITIES REQUIRE ONGOING EFFORT ANDSTAFF ATTENTION, THE BOARD MAY DECLINE THE GRANT RECOMMENDATION AT ANYPOINT. THE ADVISOR WILL, OF COURSE, BE NOTIFIED PROMPTLY AND ALTERNATECHOICES DISCUSSED. Grantmaker's Description of How Grants are Used EXPLANATION: WITH AN ORGANIZATION'S APPLICATION TO THE COMMUNITY FOUNDATION OF THE GUNNISON VALLEY FOR A GRANT, WE REQUIRE A COPY OF THE ORGANIZATION'S CURRENT IRS 501(C)(3) DETERMINATION LETTER OR THAT OF THEIR FISCAL AGENT.STAFF ALSO USES GUIDESTAR "CHARITY CHECK" TO VERIFY CHARITABLE STATUS, IRS DEDUCTIBILITY CODE, AND DEDUCTIBILITY LIMITATIONS; IRS BUSINESS MASTER FILE DATA-IDENTIFY SUPPORTING ORGANIZATIONS AND, WHERE AVAILABLE, TYPE OF SUPPORTING ORGANIZATION IN COMPLIANCE WITH THE PENSION PROTECTION ACT OF 2006; IDENTIFY NONPROFITS WHOSE TAX EXEMPT STATUS HAS BEEN REVOKED UNDER THE PENSION PROTECTION ACT FOR FAILURE TO FILE ANNUAL RETURNS FOR THREE CONSECUTIVE YEARS; AND TO IDENTIFY NONPROFITS WHOSE TAX-EXEMPT STATUS HAS BEEN REVOKED FOR REASONS OTHER THAN FAILURE TO FILE AND LINK DIRECTLY TO INTERNAL REVENUE BULLETINS IN WHICH THE REVOCATIONS WERE ANNOUNCED.GRANT PROPOSALS ARE REVIEWED BY STAFF, NOTES ARE WRITTEN REGARDINGABOVE-MENTIONED STATUS WITH THE STATE AND THE IRS. ADDITIONALLY, STAFFREVIEWS THE PROPOSAL TO DETERMINE IF THE REQUEST MEETS THE ORGANIZATION'S STATED MISSION AND IS WITHIN THE GRANTING GUIDELINES OF THE FOUNDATION.APPLICATIONS ARE SUBMITTED ELECTRONICALLY AND ARE REVIEWED BY STAFF ANDTHEN BY THE GRANTS COMMITTEE, MEMBERS OF WHICH ARE EXPECTED TO REVIEW EACH PROPOSAL PRIOR TO THE REVIEW MEETING. THE MEMBERS OF THE GRANTS COMMITTEE REPRESENT VARIOUS COMMUNITIES WITHIN OUR VALLEY AS DETERMINED BY GEOGRAPHY, AGE, BACKGROUND, INTERESTS, SKILLS AND AGE. MEMBERS OF THE COMMITTEE ARE CHOSEN AND/OR APPOINTED FROM RECOMMENDATIONS OF BOTH BOARD AND STAFF. THE COMMITTEE FIRST DISCLOSES ANY CONFLICTS THEY MIGHT HAVE WITH ANY OF THE APPLICATIONS THAT WILL BE DISCUSSED AND THAT IS NOTED. THE COMMITTEE THEN DISCUSSES THE APPLICATION BEFORE THEM AND THEN RATES THE PROPOSAL ON THE FOLLOWING CRITERIA: NEED, MISSION, WHAT DIFFERENCE THE PROGRAM WILL MAKE IN THE COMMUNITY, REALISTIC BUDGET, ABILITY TO CARRY OUT THE PROGRAM AND THEIR EVALUATION CRITERIA.ANYONE WITH A CONFLICT (FOR A PARTICULAR AGENCY REQUESTING A GRANT)ABSTAINS FROM THE RATING PROCESS. THE FLUID REVIEW SOFTWARE PRODUCES ALIST OF GRANT REQUESTS RANKED IN ORDER OF THE GRANT COMMITTEE'S RATINGS FOR EACH ORGANIZATION. THE RANKED LIST IS GIVEN TO THE REVIEW COMMITTEE AND IT IS REVIEWED, FURTHER DISCUSSION ENSUES AND A RECOMMENDATION IS PREPARED FOR THE FOUNDATION BOARD TO REVIEW AND ACT UPON. THE RATING/RANKING PROCESS SIMPLIFIES THE DECISION-MAKING PROCESS AND ENABLES THE COMMITTEE TO SEE CLEARLY WHERE THE ORGANIZATION RANKS OVERALL IN THE MIX AND MAKES IT EASIER TO ATTACH DOLLAR FIGURES FOR RECOMMENDATION TO THE BOARD.THE COMMITTEE REVIEWS PROPOSALS ONCE A YEAR AND MAKES RECOMMENDATIONS TOTHE BOARD AT THE FIRST MEETING FOLLOWING THE REVIEW DAY FOR THOSEORGANIZATIONS THEY BELIEVE MERIT FUNDING AND THOSE ENTITIES THAT THECOMMITTEE RECOMMENDS FOR DECLINATION. THE BOARD MAKES THE FINAL DECISIONS ON GRANT RECIPIENTS.AGENCIES THAT ARE BEING DENIED ARE NOTIFIED PRIOR (BY A DAY) THAN THOSE WHO ARE RECEIVING SUCCESSFUL PROPOSAL ACKNOWLEDGEMENTS. THOSE WHO ARE GRANT RECIPIENTS MUST SIGN A SIMPLE AGREEMENT WITH THE FOUNDATION THAT STATES THEY WILL USE THE GRANT FUNDS FOR THE PURPOSE(S) STATED IN THEIR PROPOSALS OR REMAINING MONIES WILL BE RETURNED TO THE FOUNDATION PRIOR TO RECEIVING THEIR GRANT CHECKS. THE AGREEMENT IS VERY SPECIFIC ABOUT COMPLIANCE WITH THE PATRIOT ACT AND STATES: "IN COMPLIANCE WITH EXECUTIVE ORDER 13224 OF THE UNITED STATES' PATRIOT ACT, THIS GRANT WILL NOT BE USED TO SUPPORT NAMED TERRORIST ORGANIZATIONS OR THOSE WHO MAY BE OTHERWISE ASSOCIATED WITH TERRORISTS. THE COMMUNITY FOUNDATION OF THE GUNNISON VALLEY ACKNOWLEDGES THAT "SUPPORT" DOES NOT INCLUDE NON-VIOLENT ACTIVITIES INTENDED TO PROTECT OR PROMOTE CONSTITUTIONAL RIGHTS." THEY ARE ALSO REMINDED THAT A NARRATIVE AND FINANCIAL REPORT WILL BE DUE AT THE END OF THE GRANT TERM. (THIS INFORMATION IS ALSO INCLUDED IN THE GRANT GUIDELINES.) STAFF REVIEWS REPORTS TO SEE THAT THE FUNDING WAS USED FOR THE PURPOSES FOR WHICH IT WAS GRANTED.WE HAVE HAD OCCASION TO REQUEST THE RETURN OF GRANT FUNDS BECAUSE OF OURDILIGENCE IN KNOWING WHAT IS HAPPENING WITH THE NONPROFITS IN OUR VALLEY, THOSE WE HAVE FUNDED AND THOSE WE HAVE NOT, AND WE HAVE HAD OCCASION TO REQUEST MORE THOROUGH REPORTS WHEN THERE WAS A QUESTION ABOUT HOW THE GRANT FUNDS WERE USED.WHEN A DONOR RECOMMENDS A GRANT FROM A DONOR ADVISED FUND ALL DUE DILIGENCE STEPS ARE FOLLOWED; HOWEVER, THERE IS NO COMMITTEE PROCESS. THE EXECUTIVE DIRECTOR HAS THE DELEGATED AUTHORITY TO AUTHORIZE DAF RECOMMENDATIONS UP TO AND INCLUDING $24,999.99 WITHOUT SUBMITTING TO COMMITTEE; GRANTS ARE REPORTED TO THE BOARD AT REGULARLY SCHEDULED MONTHLY MEETINGS. WITH THE ED'S DONOR ADVISED FUND, HER HUSBAND MAKES ALL RECOMMENDATIONS WHICH ARE THEN REVIEWED BY A BOARD OFFICER TO ENSURE THEY ARE IN COMPLIANCE WITH FOUNDATION GUIDELINES AND IN AN AMOUNT UP TO AND INCLUDING $24,999.99. A REPORT IS MADE TO THE BOARD AT THE NEXT REGULARLY SCHEDULED MEETING ALONG WITH THE DONOR ADVISED GRANTS APPROVED BY THE EXECUTIVE DIRECTOR. ANY RECOMMENDATION FOR MORE THAN $24,999.99 IS REVIEWED AND APPROVED, IF IN COMPLIANCE WITH FOUNDATION GUIDELINES, BY THE BOARD OF DIRECTORS.THE BOARD OF THE COMMUNITY FOUNDATION OF THE GUNNISON VALLEY SHALL ANNUALLY APPOINT ALL MEMBERS OF EACH SCHOLARSHIP AND GRANT SELECTION COMMITTEE AFTER RECEIVING BASIC INFORMATION ABOUT WHY THE INDIVIDUAL IS QUALIFIED TO BE ON THE COMMITTEE. THE ADVISORY PRIVILEGES OF THE DONOR AND ANY PERSON DESIGNATED BY THE DONOR ARE PERFORMED EXCLUSIVELY IN SUCH PERSON'S CAPACITY AS A MEMBER OF THE COMMITTEE.A DONOR OR RELATED PARTY MAY SERVE ON A SELECTION COMMITTEE, BUT NO COMBINATION OF THE DONOR AND PERSONS DESIGNATED BY THE DONOR (OR PERSONSCONSIDERED TO BE RELATED PARTIES TO SUCH PERSONS) MAY CONTROL, DIRECTLY OR INDIRECTLY, THE COMMITTEE AND THEY MAY NOT CONSTITUTE A MAJORITY OF THE COMMITTEE. A DONOR MAY SUGGEST SOME MEMBERS OF THE COMMITTEE BUT THEFOUNDATION HAS THE POWER TO ACCEPT OR REJECT ANY SUGGESTIONS. A DONORSERVING IN AN ADVISORY CAPACITY WILL BE ASKED TO DISCLOSE ANY FAMILY OREMPLOYMENT RELATIONSHIPS EXISTING WITH OTHER COMMITTEE MEMBERS. A DONOR CAN BE AN INDIVIDUAL, A DECEASED PERSON, A CHARITY OR OTHER NONPROFITORGANIZATION, A CORPORATION OR OTHER BUSINESS, A PROFESSIONAL OR ALUMNIGROUP, OR OTHER ENTITY.DAN TREDWAY MEMORIAL EXCELLENCE IN TEACHING AWARD IN THE ORIGINAL FUND AGREEMENT, THE REVIEW COMMITTEE FOR THE DAN TREDWAY MEMORIAL EXCELLENCE IN TEACHING AWARD WAS REQUIRED TO BE ANONYMOUS ALTHOUGH THE MEMBERS MAY HOLD SPECIFIC POSITIONS IN THE SCHOOL DISTRICT, (SUPERINTENDENT, WINNER FROM PREVIOUS YEAR, TEACHER REPRESENTATIVES FROM SPECIFIC SCHOOLS, ETC) MANY CHANGE EACH YEAR. IN ORDER TO COMPLY WITH CURRENT LAW, AND TO MAINTAIN DONOR INTENT, THE BOARD OF THE FOUNDATION HAS GIVEN THE AUTHORITY TO THE EXECUTIVE DIRECTOR TO ASSURE COMPLIANCE WITH THEPENSION PROTECTION ACT. THE NAMES OF THE COMMITTEE ARE PLACED IN THE FILE AND THE EXECUTIVE DIRECTOR AFFIRMS THAT DUE DILIGENCE WAS PERFORMED TO ENSURE THAT THE COMMITTEE COMPOSITION IS AS INTENDED AND IN COMPLIANCE WITH THE LAW AND THE COMMITTEE REMAINS ANONYMOUS TO THE PUBLIC. Form 990, Part VI, Line 11b: Form 990 Review Process THE FOUNDATION'S FINANCIAL GUIDELINES CALL FOR REVIEW OF THE FORM 990 BY THE BOARD PRIOR TO SUBMISSION. THE AUDIT COMMITTEE MAKES A PRESENTATION TO THE BOARD AT A REGULAR BOARD MEETING PRIOR TO FILING THE DOCUMENT. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts EACH JANUARY, EVERY MEMBER OF THE BOARD AND STAFF ARE GIVEN BOTH THECONFLICT OF INTEREST AND DISCLOSURE POLICIES TO REVIEW AND EACH FILLS OUT ANEW CONFLICT OF INTEREST AND DISCLOSURE FORM AND SIGNS THOSE FORMS. ATMEETINGS, MEMBERS ARE FREQUENTLY ASKED IF THERE ARE CONFLICTS OR AND ANYCONFLICT IS NOTED IN THE MINUTES. WHEN A CONFLICT EXISTS, THE PERSON WITHTHE CONFLICT MAY TAKE PART IN THE CONVERSATION BUT MAY NOT VOTE ON THEISSUE AT HAND. THIS FOUNDATION IS VERY SENSITIVE TO EVEN THE PERCEPTIONOF A CONFLICT.IN GRANT AND SCHOLARSHIP REVIEWS, IF THERE IS A CONFLICT OF INTEREST, THE PERSON LEAVES THE ROOM DURING DISCUSSION AND DOES NOT VOTE. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE GOVERNANCE AND FINANCE COMMITTEES REVIEW COMPENSATION OF SIMILAR SIZEORGANIZATIONS USING INTERNET AND PUBLISHED DATA; THEY THEN LOOK AT OTHERNONPROFITS IN OUR SERVICE AREA, DETERMINE WHAT OUR BUDGET LIMITATIONS AREAND RECOMMEND TO THE BOARD A NUMBER FOR THE COMPENSATION OF THE EXECUTIVEDIRECTOR. THERE ARE NO BENEFITS ACCOMPANYING THE POSITION . Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees THE GOVERNANCE AND FINANCE COMMITTEES REVIEW COMPENSATION OF SIMILAR SIZEORGANIZATIONS USING INTERNET AND PUBLISHED DATA; THEY THEN LOOK AT OTHERNONPROFITS IN OUR SERVICE AREA, DETERMINE WHAT OUR BUDGET LIMITATIONS AREAND RECOMMEND TO THE BOARD A NUMBER FOR THE COMPENSATION OF THE EXECUTIVEDIRECTOR. THERE ARE NO BENEFITS ACCOMPANYING THE POSITION. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE FOUNDATION MAINTAINS A PUBLIC BOOK WITH GOVERNINGCOMMENTS, AUDIT AND FORM 990 AVAILABLE TO THE PUBLIC AND PUBLISHES ITS STATEMENTOF ACTIVITIES ON THE WEBSITE AND IN THE ANNUAL REPORT. THE WEBSITE DIRECTSINTERESTED PARTIES TO GUIDESTAR FOR THE FULL 990.