2017-10-03T10:38:37-05:00 2016-12-31 410746749 CLIFTONLARSONALLEN LLP 201 N FRANKLIN ST SUITE 2500 TAMPA FL 33602 990 2016-01-01 651172979 THE IRONMAN FOUNDATION INC IRON 8138685940 3407 W DR MLK JR BLVD NO 100 TAMPA FL 33607 DAVID DESCHENES EXECUTIVE DIRECTOR 8138685940 2017-10-02 1 AMY HENDLEY P01300654 8133842700 67.137.57.251 2017-10-02 17:59:50 CD P EB5B0B88F5DF23A80CA306F7B03D11E28B72914C 7F0B04ACDB70BCCCF9DAB5CBDF996D6C53679A35 2016 2021-01-29 14:40:06Z X DAVID DESCHENES 3407 W DR MLK JR BLVD NO 100 TAMPA FL 33607 3083591 0 X HTTP://IRONMANFOUNDATION.ORG/ X 2003 FL TO LEAVE IRONMAN'S LEGACY THROUGH PHILANTHROPY, VOLUNTEERISM AND GRANT MAKING. 3 0 0 164 0 0 2924203 2413136 0 0 284088 283021 26566 146378 3234857 2842535 1664339 1667321 0 0 307229 351684 0 0 448861 622870 633778 2594438 2652783 640419 189752 5890638 6094967 167704 10999 5722934 6083968 X TO LEAVE IRONMAN'S LEGACY THROUGH PHILANTHROPY, VOLUNTEERISM AND GRANT MAKING; BY SUPPORTING VARIOUS ATHLETIC, COMMUNITY, EDUCATION, HEALTH, HUMAN SERVICES AND PUBLIC BENEFIT NON-PROFIT ORGANIZATIONS AROUND THE WORLD. 1 0 1977940 1667321 0 IRONMAN FOUNDATION PROVIDES A GRANT FUNDING PROGRAM TO SUPPORT NONPROFIT INITIATIVES IN COMMUNITIES THROUGH THE COMMUNITY FUND PROGRAM, A PARTICIPANT FUNDRAISING PROGRAM TO SUPPORT NONPROFIT ORGANIZATIONS, AND AN ANNUAL CHARITABLE AUCTION THAT SUPPORTS THE COMMUNITY FUND PROGRAM. 1977940 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 5 0 0 0 0 0 0 0 1 1 0 0 0 0 X 3 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 0 1 0 0 FL CA NY X X DAVID DESCHENES 8138685940 3407 W DR MLK JR BLVD NO 100 TAMPA FL 33607 STEVE JOHNSTON PRESIDENT 1.00 60.00 X X 0 0 0 CAROLA ROSS SECRETARY/TREASURER 1.00 60.00 X X 0 0 0 DAVID DESCHENES EXECUTIVE DIRECTOR 60.00 0.00 X X 134373 0 14009 134373 0 14009 1 0 0 0 0 128584 2284552 79955 2413136 257920 257920 216202 191101 25101 25101 25101 49955 128584 49955 0 107446 0 107446 107446 MERCHANDISE 900099 21335 21335 TRI-ATHLETE KITS 900099 6586 6586 T-SHIRT SALES 900099 5594 5594 5417 5417 38932 2842535 0 0 429399 1337041 1337041 35000 35000 295280 295280 148382 59358 46882 42142 166996 66804 52763 47429 14850 9197 2675 2978 21456 8665 6402 6389 12000 12000 28187 28187 43287 43287 279632 122774 156858 18398 7535 5687 5176 11145 5233 3095 2817 66660 29997 16665 19998 509 509 6025 6025 RACE REGISTRATION FEES 160385 160385 DUES AND SUBSCRIPTIONS 2112 1056 1056 LICENSES AND PERMITS 749 749 4689 4689 2652783 1977940 225982 448861 34250 219500 134452 75417 20243 9037 15062 11206 5380231 5779862 326643 8982 5890638 6094967 14064 8374 153640 2625 167704 10999 X 5722934 6083968 5722934 6083968 5890638 6094967 189752 171282 0 X 0 1 X 1 0 X 931006 1950730 1830339 2924203 2413136 10049414 931006 1950730 1830339 2924203 2413136 10049414 10049414 125531 190525 264334 226573 257920 1064883 13233 156618 40040 33166 88887 331944 11446241 107446 0.87800 0.88150 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENTS ADMINISTRATIVE FEES T-SHIRT SALES TRIATHLETE KITS MERCHANDISE MISCELLANEOUS REVENUE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 20243 9037 11206 11206 X 2985630 171282 171282 2814348 28187 28187 2842535 2624596 0 2624596 28187 28187 2652783 PART IV, LINE 2B: THE FOUNDATION PROVIDES PARTICIPANTS IN IRONMAN EVENTS THE OPPORTUNITY TO VOLUNTARILY FUNDRAISE UNRESTRICTED DOLLARS FOR A TAX-EXEMPT ORGANIZATION OF THEIR CHOICE. PARTICIPANTS WHO ELECT TO FUNDRAISE HAVE A FUNDRAISING CAMPAIGN SETUP THAT IS ADMINISTERED BY THE FOUNDATION. FUNDS RECEIVED ARE FACILITATED THROUGH A THIRD PARTY PROVIDER VIA A FUNDRAISING PLATFORM. FUNDS ARE PAYABLE TO THE FOUNDATION. THE FOUNDATION FOLLOWS THE PROVISIONS OF FASB ASC 958-605, TRANSFER OF ASSETS TO A NOT-FOR-PROFIT ORGANIZATION OR CHARITABLE TRUST THAT RAISES OR HOLDS CONTRIBUTIONS FOR OTHERS. FASB ASC 958-605 ESTABLISHES STANDARDS FOR TRANSACTIONS IN WHICH A DONOR MAKES A CONTRIBUTION TO THE FOUNDATION WHICH ACCEPTS AND AGREES TO USE THOSE ASSETS FOR THE BENEFIT OF THE DONOR. FASB ASC 958-605 ALSO ESTABLISHES STANDARDS FOR TRANSACTIONS IN WHICH A DONOR MAKES A TRANSFER TO BENEFIT A THIRD-PARTY CHARITABLE ORGANIZATION AND DOES NOT EXPLICITLY GRANT THE RECEIPT VARIANCE POWER. THE CUSTODIAL FUNDS REPRESENT AMOUNTS REMITTED BY INDIVIDUALS (DONORS) TO THE FOUNDATION THROUGH THE TAX-EXEMPT ORGANIZATION OF THEIR CHOICE FUNDRAISING CAMPAIGN. AMOUNTS RAISED BY PARTICIPANTS ARE A LIABILITY TO THE FOUNDATION UNTIL COMPLETION OF THE PARTICIPANT'S FUNDRAISING CAMPAIGN AND THE REMITTAL OF THE FUNDS SPECIFIC TO THE SELECTED TAX-EXEMPT ORGANIZATION. PROCEEDS FROM THE FUNDRAISING CAMPAIGN, LESS ASSOCIATED ADMINISTRATIVE PROCESSING FEES ARE REMITTED TO THE PARTICIPANT'S CHOSEN TAX-EXEMPT ORGANIZATION. PART X, LINE 2: THE FOUNDATION HAS BEEN RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CHAPTER 220.13 OF THE FLORIDA STATUTES, RESPECTIVELY. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PRESENTED IN THESE FINANCIAL STATEMENTS. THE FOUNDATION HAS NOT REPORTED ANY UNRELATED BUSINESS INCOME; HOWEVER, SUCH STATUS IS SUBJECT TO FINAL DETERMINATION UPON EXAMINATION, IF ANY, OF THE RELATED INCOME TAX RETURNS BY THE APPROPRIATE TAXING AUTHORITIES. THE FOUNDATION IS NOT AWARE OF ANY TAX POSITIONS IT HAS TAKEN THAT ARE SUBJECT TO A SIGNIFICANT DEGREE OF UNCERTAINTY. TAX YEARS AFTER 2013 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. 1 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION N/A 222526 SOUTH AMERICA - ECUADOR 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION N/A 32664 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION N/A 40090 0 0 0 0 0 0 295280 0 295280 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES TO ASSIST IN CARRYING OUT THE EXEMPT PURPOSE 10000 CHECK N/A N/A NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES TO ASSIST IN CARRYING OUT THE EXEMPT PURPOSE 165512 CHECK N/A N/A SOUTH AMERICA TO ASSIST IN CARRYING OUT THE EXEMPT PURPOSE 30000 CHECK N/A N/A EAST ASIA AND THE PACIFIC TO ASSIST IN CARRYING OUT THE EXEMPT PURPOSE 13370 CHECK N/A N/A 4 0 0 0 0 0 0 0 PART I, LINE 2: THE FOUNDATION OFFERS TWO GRANT PROGRAMS. THE VOLUNTEERISM GRANT PROGRAM PROVIDES DONATIONS TO ORGANIZATIONS THAT HAVE A VOLUNTEERISM COMPONENT TO THEIR ORGANIZATION. GRANTS TYPICALLY RANGE FROM $100 TO $5,000. EACH ORGANIZATION HAS THE ABILITY TO APPLY FOR THESE GRANTS THROUGH AN APPLICATION PROCESS ON THE FOUNDATION'S WEBSITE ANNUALLY. THE SECOND GRANT PROGRAM IS THE COMMUNITY GRANT PROGRAM. THIS PROGRAM OFFERS LARGER DONATIONS TO NON-EXEMPT ORGANIZATIONS IN AN EFFORT TO MAKE AN IMPACT WITHIN THE COMMUNITY OF THE RESPECTIVE NON-EXEMPT ORGANIZATION. THESE GRANTS TYPICALLY RANGE FROM $1,000 TO $40,000. NON-EXEMPT ORGANIZATIONS HAVE THE ABILITY TO APPLY FOR THESE GRANTS THROUGH AN APPLICATION PROCESS ON THE FOUNDATION'S WEBSITE ANNUALLY. FOR BOTH PROGRAMS, GRANTS LESS THAN $10,000 ARE APPROVED BY THE FOUNDATION'S EXECUTIVE DIRECTOR WHILE GRANTS ABOVE $10,000 REQUIRE APPROVAL BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS MONITOR THE USE OF GRANT FUNDS THROUGH DIRECT CONTACT WITH THE RECIPIENT ORGANIZATIONS. GRANTEES MUST USE THE GRANT FUNDING SOLELY FOR THE INTENDED PURPOSE OUTLINED IN THE GRANT APPLICATION AND ANY FUNDS NOT USED FOR THE INTENDED PURPOSE MUST BE RETURNED TO THE FOUNDATION. IN ADDITION, THE GRANTEES MUST PROVIDE AT THE END OF THE GRANT CYCLE AN IMPACT STATEMENT TO THE IRONMAN FOUNDATION. THE IMPACT STATEMENT PROVIDES INFORMATION ON THE SPECIFIC IMPACT THE FUNDING MADE TO THE COMMUNITY. PART I, LINE 3: THE FOUNDATION USES ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES OUTSIDE THE UNITED STATES. WORLD CHAMPIONSHIP KONA DRAWING 178539 128584 49955 49955 178539 128584 49955 49955 49955 0 107446 0 107446 107446 0 0 0 0 0 0 1 ACTS YOUTH MINISTRY 1509 GRAND AVENUE RACINE WI 53403 390829538 501(C)(3) 5100 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS ALL HANDS VOLUNTEERS 6 COUNTY ROAD MATTAPOISETT MA 07239 203414952 501(C)(3) 30000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS AMERICAN RED CROSS- CAPE FEAR 1102 SOUTH 16TH STREET WILMINGTON NC 28401 530196605 501(C)(3) 5000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS AMERICAN RED CROSS NORTH COUNTRY CHAPTER 26 EMORY STREET POB 770 MORRISONVILLE NY 12962 530196605 501(C)(3) 5000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS BEST BUDDIES-ARIZONA 4527 NORTH 16TH SREET SUITE 106 PHOENIX AZ 85016 521614576 501(C)(3) 7100 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS BOY SCOUTS OF AMERICA - TROOP 491 GEORGE STRAKE SHAC 50 VICTORIA DRIVE W MONTGOMERY TX 77356 208439960 501(C)(3) 6500 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS CITY OF COEUR D'ALENE 710 E MULLAN AVE COEUR DALENE ID 83814 826000176 501(C)(3) 10000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS CITY OF PANAMA CITY BEACH -PARKS AND REC 16200 PANAMA CITY BEACH PKWY PANAMA CITY BEACH FL 32413 596045116 501(C)(3) 5000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS DANIEL SAYRE MEMORIAL FOUNDATION INC PO BOX 1285 KAILUA KONA HI 96745 261097159 501(C)(3) 23134 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS DARE2TRI PARATRIATHLON CLUB 516 N ODGEN AVE 172 CHICAGO IL 60642 453933200 501(C)(3) 5000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS DORCHESTER COUNTY BOARD OF EDUCATION 700 GLASGOW ST CAMBRIDGE MD 21613 526000931 501(C)(3) 9200 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS DORCHESTER FAMILY YMCA 201 TALBOT AVE CAMBRIDGE MD 21613 521359653 501(C)(3) 7100 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS DOWNSIDE UP INC 847 KENTUCKY AVE SIGNAL MOUNTAIN TN 37377 475443279 501(C)(3) 5740 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS FRIENDS OF THE OUTDOOR CHATTANOOGA 200 RIVER STREET CHATTANOOGA TN 37415 262702084 501(C)(3) 5000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS GIRLS INC OF BAY COUNTY 1100 FOUNTAIN AVENUE PANAMA CITY FL 32401 237393003 501(C)(3) 5000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS GIRLS ON THE RUN SOUTHERN UTAH 169 N 1160 WEST ST GEORGE UT 84770 472246689 501(C)(3) 12230 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS HABITAT FOR HUMANITY CHOPTANK PO BOX 2366 EASTON MD 21601 521785188 501(C)(3) 5000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS HARRIS COUNTY PRECINCT 4 PARKS DEPARTMENT 709 RILEY FUZZELL ROAD SPRING TX 77373 760454514 501(C)(3) 10000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS HAWAII ISLAND UNITED WAY 142 KINOOLE ST SUITE A HILO HI 96721 996012257 501(C)(3) 8000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS INTERFAITH OF THE WOODLANDS 4242 INTERFAITH WAY THE WOODLANDS TX 77381 741804123 501(C)(3) 17550 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS ISLAND BREEZE MINISTRIES 73-4541 KUKUKI STREET KAILUA KONA HI 96740 990310396 501(C)(3) 5000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS LAKE CITY GIRLS SOCCER 610 RAMSEY RD COEUR DALENE ID 83815 826000811 501(C)(3) 5750 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS LAKE PLACID BAPTIST CHURCH 2253 SARANAC AVENUE LAKE PLACID NY 12946 222403300 501(C)(3) 14000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS LAKE PLACID OUTING CLUB 34 SCHOOL STREET LAKE PLACID NY 12946 462496406 501(C)(3) 6200 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS LANEY HIGH SCHOOL 2700 N COLLEGE ROAD WILMINGTON NC 28405 911948176 501(C)(3) 6400 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS LOUISVILLE SPORTS COMMISSION 401 W MAIN ST SUITE 2300 LOUISVILLE KY 40202 611365860 501(C)(3) 10000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS LUDIC PO BOX 3450 CLEVELAND TN 37320 620502739 501(C)(3) 6115 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS MADISON AREA SPORTS COMMISSION 615 E WASHINGTON AVE MADISON WI 53703 272207568 501(C)(3) 35000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS MONTGOMERY COUNTY YOUTH SERVICES 105 W LEWIS ST CONROE TX 77301 742035878 501(C)(3) 11000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS NAVY SEAL FOUNDATION 1619 D ST VIRGINIA BEACH VA 23459 311728910 501(C)(3) 50000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS NORTH IDAHO COLLEGE 1000 W GARDEN AVENUE COEUR DALENE ID 83814 820337334 501(C)(3) 6600 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS OLDHAM COUNTY FISCAL COURT 100 WEST JEFFERSON ST SUITE 4 LA GRANGE KY 40031 616013124 501(C)(3) 10000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS ONBIKES PO BOX 2985 TAMPA FL 33601 453533001 501(C)(3) 5000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS PARADOX SPORTS 1911 11TH ST SUITE 201 BOULDER CO 80302 260153796 501(C)(3) 10000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS PATH PO BOX 62 KAILUA KONA HI 96745 990248675 501(C)(3) 35650 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS RACE2REBUILD 601 MISTLETOE AVEUE 15 POINT PLEASANT NJ 08742 800915894 501(C)(3) 12664 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS SALT RIVER COMMUNITY CHILDREN'S ASSOC 10005 EAST OSBORN ROAD SCOTTSDALE AZ 85256 861430787 501(C)(3) 10000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS SALVATION ARMY - KROC CENTER 1765 W GOLF COURSE RD COEUR DALENE ID 83815 941156347 501(C)(3) 10000 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS SOUTHERN UTAH BICYCLE ALLIANCE PO BOX 943 SANTA CLARA UT 84765 460944926 501(C)(3) 6500 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS 39 0 WOMEN 4 TRI INITIATIVE 7 35000 N/A N/A PART I, LINE 2: THE FOUNDATION OFFERS TWO GRANT PROGRAMS. THE VOLUNTEERISM GRANT PROGRAM PROVIDES DONATIONS TO ORGANIZATIONS THAT HAVE A VOLUNTEERISM COMPONENT TO THEIR ORGANIZATION. GRANTS TYPICALLY RANGE FROM $100 TO $5,000. EACH ORGANIZATION HAS THE ABILITY TO APPLY FOR THESE GRANTS THROUGH AN APPLICATION PROCESS ON THE FOUNDATION'S WEBSITE ANNUALLY. THE SECOND GRANT PROGRAM IS THE COMMUNITY GRANT PROGRAM. THIS PROGRAM OFFERS LARGER DONATIONS TO NON-EXEMPT ORGANIZATIONS IN AN EFFORT TO MAKE AN IMPACT WITHIN THE COMMUNITY OF THE RESPECTIVE NON-EXEMPT ORGANIZATION. THESE GRANTS TYPICALLY RANGE FROM $1,000 TO $40,000. NON-EXEMPT ORGANIZATIONS HAVE THE ABILITY TO APPLY FOR THESE GRANTS THROUGH AN APPLICATION PROCESS ON THE FOUNDATION'S WEBSITE ANNUALLY. FOR BOTH PROGRAMS, GRANTS LESS THAN $10,000 ARE APPROVED BY THE FOUNDATION'S EXECUTIVE DIRECTOR WHILE GRANTS ABOVE $10,000 REQUIRE APPROVAL BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS MONITOR THE USE OF GRANT FUNDS THROUGH DIRECT CONTACT WITH THE RECIPIENT ORGANIZATIONS. GRANTEES MUST USE THE GRANT FUNDING SOLELY FOR THE INTENDED PURPOSE OUTLINED IN THE GRANT APPLICATION AND ANY FUNDS NOT USED FOR THE INTENDED PURPOSE MUST BE RETURNED TO THE FOUNDATION. IN ADDITION, THE GRANTEES MUST PROVIDE AT THE END OF THE GRANT CYCLE AN IMPACT STATEMENT TO THE IRONMAN FOUNDATION. THE IMPACT STATEMENT PROVIDES INFORMATION ON THE SPECIFIC IMPACT THE FUNDING MADE TO THE COMMUNITY. X 1 30000 STOCK MARKET QUOTES X IN KIND CONTRIBUTIONS 12 49995 FMV 0 0 0 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART III, LINE 2 IN MARCH OF 2016, THE FOUNDATION CREATED A NEW PROGRAM WOMEN FOR TRI. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE FOUNDATION IS WORLD TRIATHLON CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER APPOINTS THE FOUNDATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER IS SPECIFICALLY GRANTED THE POWER TO EXERCISE THE FOLLOWING: 1) ELECT AND REMOVE THE FOUNDATION'S BOARD OF DIRECTORS 2) TO APPROVE AMENDMENTS OF THE FOUNDATION'S ARTICLES OF INCORPORATION AND BYLAWS 3) TO APPROVE ALL EXTRAORDINARY TRANSACTIONS OF THE FOUNDATION, INCLUDING WITHOUT LIMITATION, ANY PLANS OF MERGER OF THE FOUNDATION, SALES, LEASES, EXCHANGES, OR OTHER DISPOSITIONS OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY OR ASSETS OF THE FOUNDATION, AND THE DISSOLUTION AND PLAN OF DISTRIBUTION OF THE FOUNDATION FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION DID NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY DURING THE TAX YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY AN OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION SUPPLIED BY MANAGEMENT. AFTER A REVIEW BY THE MANAGEMENT OF THE FOUNDATION, THE BOARD OF DIRECTORS REVIEW OF THE RETURN BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS, MEMBERS OF ANY COMMITTEES AND EXECUTIVE EMPLOYEES. EVERY COVERED PERSON ANNUALLY SIGNS A STATEMENT THAT AFFIRMS THAT HE OR SHE HAS RECEIVED A COPY OF THIS POLICY, HAS READ AND UNDERSTANDS IT, HAS AGREED TO COMPLY WITH IT, AND COMPLETES THE QUESTIONNAIRE DISCLOSING HIS OR HER ACTUAL AND POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS. ALL DISCLOSURES INVOLVING A TRANSACTION OR ARRANGEMENT BEING CONSIDERED AT A MEETING OF THE BOARD OF DIRECTORS OR A COMMITTEE ARE MADE TO ALL MEMBERS PRESENT AT SUCH MEETING. THE BOARD OF DIRECTORS EVALUATES THE DISCLOSURES AND THE MATERIAL FACTS RELATING TO THE TRANSACTION OR ARRANGEMENT GIVING RISE TO THE POTENTIAL CONFLICT OF INTEREST TO DETERMINE WHETHER THEY INVOLVE ACTUAL CONFLICTS OF INTEREST. A COVERED PERSON WHO HAS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST MAY NOT BE PRESENT FOR ANY PORTION OF A MEETING AT WHICH THE BOARD OF DIRECTORS OR A COMMITTEE IS VOTING TO DETERMINE WHETHER A CONFLICT EXISTS, BUT MAY BE PRESENT PRIOR TO THE VOTE TO MAKE A PRESENTATION TO THE BOARD OR COMMITTEE, TO DISCLOSE ADDITIONAL FACTS, OR TO RESPOND TO QUESTIONS. THE MINUTES OF THE MEETING DOCUMENT ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE FOUNDATION'S BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR USING COMPARABILITY DATA. THE COMPENSATION SETTING PROCESS IS ALSO CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS TOOK PLACE IN 2016 FOR THE EXECUTIVE DIRECTOR, DAVID DESCHENES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. 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