2013-11-14T08:29:47-06:00 2013-06-30 411654490 RYAN J TERRY LTD 600 INWOOD AVENUE NORTH SUITE 160 OAKDALE MN 55128 990 2012-07-01 411817315 ST CROIX VALLEY FOUNDATION STCR 7153869490 516 SECOND STREET NO 214 HUDSON WI 54016 JANE HETLAND STEVENSON 7153869490 2013-10-23 1 P00950359 6516363806 2012 2016-02-24 21:20:13Z JANE HETLAND STEVENSON 516 SECOND STREET SUITE 214 HUDSON WI 54016 3868849 0 X WWW.SCVFOUNDATION.ORG X 1995 MN THE MISSION OF THE ST. CROIX VALLEY COMMUNITY FOUNDATION IS TO ENHANCE THE QUALITY OF LIFE IN THE ST. CROIX VALLEY BY: ENCOURAGING CHARITABLE GIVING IN THE VALLEY - BUILDING PERMANENT FUNDS THAT WILL PROVIDE RESOURCES FOR THE NEEDS OF TODAY AND TOMORROW. CONNECTING PEOPLE AND PROGRAMS - BRINGING TOGETHER PEOPLES CHARITABLE INTERESTS AND THE FUNDING NEEDS TO PROGRAMS AND ORGANIZATIONS. FACILITATING PROGRESSIVE APPROACHES - FORMING PARTNERSHIPS AND PROVIDING SERVANT LEADERSHIP THROUGH PROGRAMS THAT ENHANCE THE QUALITY OF LIFE IN OUR REGION'S DISTINCT COMMUNITIES. 24 24 6 180 0 0 2578478 1479352 120610 149109 449084 533811 19023 19627 3167195 2181899 1017405 1652485 0 0 288052 299183 0 0 41730 345264 392012 1650721 2343680 1516474 -161781 28405554 31623123 12486063 14656138 15919491 16966985 X THE MISSION OF THE ST. CROIX VALLEY COMMUNITY FOUNDATION IS TO ENHANCE THE QUALITY OF LIFE IN THE ST. CROIX VALLEY BY: ENCOURAGING CHARITABLE GIVING IN THE VALLEY - BUILDING PERMANENT FUNDS THAT WILL PROVIDE RESOURCES FOR THE NEEDS OF TODAY AND TOMORROW. CONNECTING PEOPLE AND PROGRAMS - BRINGING TOGETHER PEOPLES CHARITABLE INTERESTS AND THE FUNDING NEEDS TO PROGRAMS AND ORGANIZATIONS. FACILITATING PROGRESSIVE APPROACHES - FORMING PARTNERSHIPS AND PROVIDING SERVANT LEADERSHIP THROUGH PROGRAMS THAT ENHANCE THE QUALITY OF LIFE IN OUR REGION'S DISTINCT COMMUNITIES. 0 0 335296 12425 SPECIAL COMMUNITY PROJECTS: IN KEEPING WITH THE FOUNDATION'S MISSION, FOUNDATION STAFF MEMBERS PARTNER WITH OTHER ORGANIZATIONS, ESPECIALLY OUR AFFILIATE FOUNDATIONS, TO DIRECTLY ADDRESS CHANGING COMMUNITY CONCERNS. THIS INCLUDES: 1) FOSTERING COMMUNITY DIALOGUE AROUND LOCAL ISSUES -THROUGH REGIONAL FORUMS AND "CONVERSATIONS OF THE VALLEY", A MONTHLY PUBLIC AFFAIRS LUNCHEON; 2) PROMOTING NON PROFIT PERFORMANCE THROUGH WORKSHOPS AND GRANTS 3) WORKING WITH OUR AFFILIATES TO STRENGTHEN THEIR MANAGEMENT, GOVERNANCE, AND FUNDRAISING CAPACITY; AND 4) CONVENING ORGANIZATIONS TO TAKE COLLECTIVE ACTION ON SPECIFIC COMMUNITY ISSUES, SUCH AS THE NATIONAL HERITAGE AREA. 87712 136684 FUND MANAGEMENT: THESE ACTIVITIES INCLUDE WORKING WITH DONORS, AGENCIES AND AFFILIATED FUNDS WHO ALREADY HAVE ESTABLISHED FUNDS WITH THE FOUNDATION AND INCLUDE TECHNICAL ASSISTANCE AND TRAINING AND EDUCATION AS WELL AS ACCOUNTING ACTIVITIES. THERE WERE APPROXIMATELY 80 FUNDS MANAGED IN FISCAL YEAR 2013. 1685877 1652485 GRANTS TO ART, EDUCATION, HUMAN SERVICES, ENVIRONMENTAL, RELIGIOUS, HEALTH AND OTHER CHARITABLE ORGANIZATIONS. APPROXIMATLEY 539 GRANTS WERE GIVEN IN FISCAL YEAR 2013. 13724 PHILANTHROPIC SERVICES: THESE ACTIVITIES INCLUDE WORKING WITH DONOR PROSPECTS, WITH PROFESSIONAL FINANCIAL ADVISORS AND AGENCIES WHO WANT TO ESTABLISH A FUND WITH THE FOUNDATION. 13724 2122609 1 1 0 0 0 1 0 0 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 1 6 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI MN X X MARGI MILLER 7153869490 516 SECOND STREET NO 214 HUDSON WI 54016 MARTHA HARDING 2.00 X X 0 0 0 TODD GILLINGHAM 2.00 X X 0 0 0 CHRIS GALVIN 2.00 X X 0 0 0 JEN ANDERSON 2.00 X 0 0 0 CHARLES ARNASON 2.00 X 0 0 0 ANN BOOKMAN 2.00 X 0 0 0 SUZANN BROWN 2.00 X 0 0 0 JILL BURCHILL 2.00 X 0 0 0 SUE GERLACH 2.00 X 0 0 0 ANDY KASS 2.00 X 0 0 0 KATRINA LARSEN 2.00 X 0 0 0 JIM LUTIGER 2.00 X 0 0 0 DAVID PALMER 2.00 X 0 0 0 LISA RINDE 2.00 X 0 0 0 ROD ROMMELL 2.00 X 0 0 0 LINDA SKOGLUND 2.00 X 0 0 0 GRETCHEN STEIN 2.00 X 0 0 0 MARK VANASSE 2.00 X 0 0 0 JEANNE WALZ 2.00 X 0 0 0 DAVID WETTERGREN 2.00 X 0 0 0 STEVE WILCOX 2.00 X 0 0 0 MICHAEL JOHNSON 2.00 X 0 0 0 ANDY KUBIAK 2.00 X 0 0 0 STEVE SCHROEDER 2.00 X 0 0 0 JANE STEVENSON 40.00 X 100000 0 9291 100000 0 9291 0 0 0 0 0 1479352 121777 1479352 ADMINISTRATIVE CHARGES 525990 136684 136684 CONVERSATIONS OF THE VALLEY 900099 12425 12425 149109 385606 385606 19627 0 19627 19627 19627 1835155 1686950 148205 148205 148205 2181899 149109 0 553438 1652485 1652485 114293 42013 43208 29072 140722 89443 49555 1724 6866 4331 2451 84 17656 10728 6713 215 19646 10232 7136 2278 10662 10662 48855 48855 22139 4289 17850 12442 8999 1788 1655 13432 5495 7189 748 54960 29645 21276 4039 3900 2425 897 578 6523 4284 2239 1609 868 623 118 3050 1645 1181 224 FUND PROJECT EXPENSES 189813 189813 EQUIPMENT RENTAL AND MA 12201 6581 4723 897 CONVERSATIONS OF THE VA 10478 10478 DUES AND SUBSCRIPTIONS 1948 1850 98 2343680 2122609 179341 41730 21443 16444 25000 2166 2743 40352 35970 4219 4382 28352726 31599554 28405554 31623123 42722 49952 37500 37500 12405841 14568686 12486063 14656138 X -47305 54893 3461660 3954909 12505136 12957183 15919491 16966985 28405554 31623123 -161781 1209275 0 X 0 1 X 1 0 X 1392641 2720130 2316773 2578478 1479352 10487374 1392641 2720130 2316773 2578478 1479352 10487374 979946 9507428 276791 282967 314751 348037 405233 1627779 3176 3176 12118329 610259 0.78450 0.77430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 99 915660 1062035 5846832 1 1 0 1 X 13243645 452047 1695745 525974 207179 14658284 12216732 1017995 575096 384911 181267 13243645 9580087 1183983 1957290 333917 170711 12216732 7251449 1603359 1022663 152969 144415 9580087 8105662 537079 -1152804 131137 107351 7251449 1.00000 1 0 40352 35970 4382 4382 X 3407238 1209275 16064 1225339 2181899 0 2181899 2359744 16064 16064 2343680 0 2343680 PART IV, LINE 2B: THE FOUNDATION HAS ESTABLISHED A LIABILITY FOR FUNDS FROM DONORS WHICH THE FOUNDATION IS AN AGENT. THE FOUNDATION HAS AGREEMENTS WITH ALL ORGANIZATIONS IN WHICH IT IS ACTING AS AN AGENT. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FOUNDATIONS ENDOWMENTS CONSIST OF FUNDS ESTABLISHED TO PROVIDE PROGRAM SUPPORT SUCH AS ARTS, MUSIC, AND SCIENCE AS WELL AS GENERAL OPERATIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SEC 501(C)(3) OF THE INTERNAL REVENUE CODE. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2013 AND 2012, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO FISCAL 2010. 1 ARCOLA MILLS HISTORIC FOUNDATION PO BOX 313 STILLWATER MN 55082 411724662 501(C)(3) 30000 GENERAL OPERATING SUPPORT, MAINTENANCE/REPAIR OF THE MOWER- VAN MEIER MANSION AND/OR PARKING IMPROVEMENTS AT ARCOLA MILLS ARTREACH ST CROIX 224 4TH STREET NORTH STILLWATER MN 55082 411758837 501(C)(3) 7415 VALLEY READS 2013, PAINT ON THE WATER, ST. CROIX SPLASH ARTSOPLIS PROJECT BENEFIT ACCOUNT FOR THE SCHAFFHAUSEN GIRLS PO BOX 166 RIVER FALLS WI 54022 6000 FUNERAL EXPENSES CITY OF RUSH CITY 325 SOUTH ELIOT AVENUE PO BOX 556 RUSH CITY MN 55069 501(C)(3) 9664 NEW MAIN STREET BEAUTIFICATION PROJECT CITY OF STILLWATER 216 NORTH 4TH STREET STILLWATER MN 55082 501(C)(3) 85561 BROWN'S CREEK BIKE TRAIL CONCORDIA COLLEGE 901 8TH STREET SOUTH MOORHEAD MN 56562 410693977 501(C)(3) 6250 SCHOLARSHIP FOR JACOB AMOS AND MEGAN DOLL, CONCORDIA ANNUAL FUND, DAKOTA LAIN'S WALK TO STOP CHILD ABUSE PO BOX 355 GLENWOOD CITY WI 54013 391500075 501(C)(3) 5000 DONATION TO THE CHILDREN'S HOSPITAL OF WISCONSIN TO STOP CHILD ABUSE EZEKIEL LUTHERAN CHURCH 202 SOUTH SECOND STREET RIVER FALLS WI 54022 390860349 501(C)(3) 5960 GENERAL BUDGET, FOOD PANTRY, OUR HOUSE, AND CHRISTMAS BREAKFAST PROJECTS FIRST PRESBYTERIAN CHURCH 1901 VINE STREET HUDSON WI 54016 930846997 501(C)(3) 6750 PURCHASE OF NEW HYMNALS AND GENERAL OPERATING GEORGE FOX UNIVERSITY 414 NORTH MERIDIAN STREET 6129 NEWBERG OR 97132 930386839 501(C)(3) 5000 SCHOLARSHIP FOR TYLER GERDIN HEALTHEAST FOUNDATION FBO CAPISTRANT CENTER FOR PARKINSON'S DISEASE 1690 UNIVERSITY AVENUE WEST SUITE 250 ST PAUL MN 55104 411602044 501(C)(3) 10000 THE THOMAS RUSSELL YOUNGREN STAFF LIBRARY IMPROVEMENT PROJECT. THE LIBRARY IMPROVEMENT TO THE SPACE IN BETHESDA OUTPATIENT DEPT. , WALLPAPER, PAINT, SIDE CHAIR, TELEVISION, MONITOR, COMPUTER, CARPET, TEXTBOOKS, PERIODICALS, PUBLICATIONS & STAFF EDUCATION. HILL MURRAY SCHOOL 2625 LARPENTEUR AVE EAST ST PAUL MN 551099925 410829754 501(C)(3) 12000 4 SCHOLARSHIPS OF $3,000 EACH HOPE ACADEMY 2300 CHICAGO AVENUE SOUTH MINNEAPOLIS MN 55404 411962874 501(C)(3) 6800 SCHOLARSHIP PEDIATRICS FUND OF THE ANNUAL APPEAL AND ANNUAL COLLEGE SCHOLARSHIPS IMPERIAL COMMUNITY FOUNDATION FUND PO BOX 1281 IMPERIAL NE 69033 470769903 501(C)(3) 20000 UNRESTRICTED FUND JOSHUA CHARITABLE FOUNDATION 4848 TRAMWAY RIDGE NE 120 ALBUQUERQUE NM 87111 850394683 501(C)(3) 24828 GENERAL OPERATING JOY ACADEMY 655 FOREST STREET ST PAUL MN 55106 410799781 501(C)(3) 5000 REDESIGN & INSTALLATION OF NEW PLAYGROUND KARI FLADWOOD 608 HARRIMAN AVENUE SOUTH AMERY WI 54001 391540560 501(C)(3) 5000 GENERAL FUNDING FOR SENIOR CITIZENS AND ADULT PROGRAMMING AT THE SENIOR CENTER MDA 7401 METRO BOULEVARD SUITE 300 EDINA MN 55439 131665552 501(C)(3) 10000 MATCHING GRANT FOR SSG CORPORATION SHAMROCK CAMPAIGN AT RETAIL STORES FOR 2013 MOUNT HOLYOKE COLLEGE 50 COLLEGE STREET SOUTH HADLEY MA 501075148 042103578 501(C)(3) 5000 CLASS OF 1948 NATIONAL PARKINSON'S ASSOCIATION MINNESOTA 5905 GOLDEN VALLEY ROAD SUITE 201 GOLDEN VALLEY MN 55422 411820111 501(C)(3) 25000 50 $500 GRANTS TO PATIENTS AND CAREGIVERS PARTNERSHIP PLAN FOR STILLWATER AREA SCHOOLS 1875 S GREELEY STREET PO BOX 582 STILLWATER MN 55082 203012418 501(C)(3) 13420 STILLWATER AREA HIGH SCHOOL'S NEW FAB LAB PEPIN COUNTY 740 7TH AVENUE WEST PO BOX 39 DURAND WI 54736 501(C)(3) 30000 CRIMINAL JUSTICE COORDINATING COUNCIL - CIRCUIT COURT SENTENCING DIVERSION PROGRAM RED CEDAR CANYON ASSISTED LIVING RCAC 3001 HANLEY ROAD HUDSON WI 54016 501(C)(3) 5381 BRING THE EXISTING GREASE HOOD IN THE KITCHEN UP TO CODE ST ANDREW'S LUTHERAN CHURCH 900 STILLWATER ROAD MAHTOMEDI MN 55115 410880458 501(C)(3) 9500 GENERAL OPERATING, PROJECTS OR MISSION INCLUDING LIFT HIGH THE CROSS ST CROIX NATIONAL SCENIC RIVERWAY 401 NORTH HAMILTON STREET ST CROIX FALLS WI 54024 501(C)(3) 14575 STAFF SUPPORT HERITAGE INITIATIVE ST CROIX RIVER ASSOCIATION PO BOX 655 ST CROIX FALLS WI 54024 263025933 501(C)(3) 54275 MONTHLY DISTRIBUTIONS FOR GENERAL OPERATING ST CROIX THERAPY INC 742 STERBENZ DR HUDSON WI 54016 391584408 501(C)(3) 253208 TO PAY OFF DEBT ST PATRICK CATHOLIC PARISH 1500 VINE STREET HUDSON WI 54016 390806399 501(C)(3) 15000 CAPITAL CAMPAIGN ST PAUL LUTHERAN CHURCH 609 SOUTH 5TH STREET STILLWATER MN 55082 410988378 501(C)(3) 20000 GENERAL OPERATING STILLWATER AREA HIGH SCHOOL 5701 STILLWATER BLVD NORTH STILLWATER MN 55082 501(C)(3) 11000 PURCHASE A MARIMBA, VIBRAPHONE AND XYLOPHONE STILLWATER PUBLIC LIBRARY 224 THIRD ST N STILLWATER MN 55082 501(C)(3) 10750 DONOR DESIGNATED ANNUAL DISTRIBUTION INCLUDING PURCHASE OF NON-FICTION ADULT BOOKS THE RETREAT 1221 WAYZATA BLVD EAST WAYZATA MN 55391 411701950 501(C)(3) 60000 CAPITAL CAMPAIGN TRINITY LUTHERAN CHURCH 115 NORTH FOURTH STREET STILLWATER MN 55082 410757885 501(C)(3) 63750 GENERAL OPERATING GENERAL OPERATING UNIV OF MN -DULUTH 1049 UNIVERSITY DRIVE DULUTH MN 55812 416007513 501(C)(3) 5750 SCHOLARSHIPS UNIV OF WI - LACROSSE 115 GRAFF MAIN HALL 1725 STATE STREET LACROSSE WI 54601 396006461 501(C)(3) 7600 SCHOLARSHIPS UNIVERSITY OF ILLINOIS ROGER ADAMS FUND 1305 WEST GREEN STREET URBANA IL 61801 376006007 501(C)(3) 5000 GENERAL OPERATING UNIVERSITY OF TAMPA 401 WEST KENNEDY BLVD TAMPA FL 336061460 590624459 501(C)(3) 5000 SCHOLARSHIP FOR JULIANA CHENOWETH UNIVERSITY OF WISCONSIN - STOUT 712 BROADWAY STREET MENOMONIE WI 54751 396006461 501(C)(3) 5000 SCHOLARSHIP FOR STUART PRICE WASHINGTON COUNTY HISTORICAL SOCIETY P O BOX 167 STILLWATER MN 550824805 416038333 501(C)(3) 5000 TO SUPPORT THE WASHINGTON COUNTY HERITAGE CENTER WEST CAP 525 2ND STREET PO BOX 308 GLENWOOD CITY WI 540130308 391076125 501(C)(3) 6000 WESTCAP'S LITERACY PROGRAM AND FAMILY TABLE WEST WISCONSIN LAND TRUST 500 EAST MAIN ST SUITE 307 MENOMONIE WI 54751 391618389 501(C)(3) 5708 LAND STEWARDSHIP AND GENERAL OPERATING WINONA STATE UNIVERSITY P O BOX 5838 WINONA MN 55987 411687554 501(C)(3) 9500 SCHOLARSHIPS WISCONSIN SPECIAL OLYMPICS 2310 CROSSROADS DRIVE SUITE 1000 MADISON WI 63711 391176591 501(C)(3) 15162 FOR CHILDREN & ADULTS TO PARTICIPATE IN SPECIAL OLYMPICS YOUNG LIFE ST CROIX VALLEY 1151 PARKWOOD LANE STILLWATER MN 55082 840385934 501(C)(3) 18021 CAMPING EXPENSES 2012 AND GENERAL OPERATING 39 5 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STAFF PERFORMS DUE DILIGENCE TO CONFIRM THAT GRANT RECIPIENTS ARE 501(C)(3) ORGANIZATIONS. THEY ARE REVIEWED BY THE GRANTS ADMINISTRATOR, THE PRESIDENT AND THE ACCOUNTANT. WITH COMPETITIVE GRANTS, FINAL REPORTS ARE REQUIRED FROM THE RECIPIENTS TO EXPLAIN HOW THE GRANT FUNDS WERE SPENT AND THE RESULTS ACHIEVED WITH THE GRANTS. STAFF FOLLOW UP WITH ALL COMPETITIVE GRANT RECIPIENTS TO GET THESE REPORTS. X 8 121777 FAIR MARKET VALUE 0 0 1 THIRD PARTY USE: PART I, LINE 32B: ALL STOCK DONATIONS ARE RECEIVED IN AN FOUNDATION INVESTMENT ACCOUNT ADMINISTERED BY A THIRD PARTY. ALL STOCK DONATIONS ARE SOLD UPON RECEIPT. FORM 990, PART VI, SECTION A, LINE 2 DAVID WETTERGREN AND GRETCHEN STEIN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE 990 RETURN IS PRESENTED TO THE BOARD OF DIRECTORS AND OUR TREASURER. THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVEIWED AND DISCUSSED ANNUALLY BEFORE THE BOARD MEMBERS SIGN THE CONFLICT OF INTEREST FORM AND DISCLOSE ANY CONFLICTS THEY MAY HAVE. CONFLICTS, IF ANY, ARE MONITORED BY MANAGEMENT THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION BOARD PERIODICALLY REVIEWS THE JOB DESCRIPTION OF THE PRESIDENT AND EVALUATES HIS/HER PERFORMANCE ON A REGULAR BASIS. COMPENSATION OF THE PRESIDENT IS SET AND APPROVED BY THE FULL BOARD, THE EXECUTIVE OR THE AUDIT COMMITTEE. NO BOARD OR COMMITTEE MEMBERS WILL TAKE PART IN SETTING THE COMPENSATION OF THE PRESIDENT IF THEY HAVE ANY CONFLICT OF INTEREST. THE PRESIDENT WILL NOT BE PRESENT DURING THE DISCUSSION OF COMPENSATION. THE RESPONSIBLE COMMITTEE WILL REPORT FULLY TO THE ENTIRE BOARD. THE EXCESS BENEFIT TRANSACTION RULES (I.E. BASING THE DECISION ON COMPARABLE DATA READILY AVAILABLE TO THE BOARD COMMITTEE AND RECORDING THE PROCESS AND DECISIONS IN THE MINUTES), CREATE A PRESUMPTION OF REASONABLENESS FOR COMPENSATION. THE RESPONSIBLE COMMITTEE MAY USE COMPENSATION SURVEYS BY INDEPENDENT CONSULTANTS, COMPENSATION PACKAGES OFFERED AT SIMILARLY SIZED FOUNDATIONS, AND WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE PRESIDENT. THE RESPONSIBLE COMMITTEE WILL DOCUMENT THE BASIS FOR ITS DETERMINATIONS OF THE COMPENSATION PACKAGE, WITH THE IMPLEMENTATION OF THE DETERMINATION (WITHIN 60 DAYS OF THE DECISION, OR THE NEXT MEETING OF THE FULL BOARD OF DIRECTORS, WHICHEVER IS LATER). THE DOCUMENTATION WILL INCLUDE: - THE TERMS OF THE TRANSACTION AND THE DATE IT WAS APPROVED. - THE MEMBERS OF THE COMMITTEE WHO DISCUSSED THE COMPENSATION AND THE NAMES OF THE MEMBERS WHO APPROVED IT. - THE COMPARABILITY DATA USED, AND HOW IT WAS OBTAINED. - THE ACTION TAKEN TO CONSIDER THOSE WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE DECISION ON THE COMPENSATION PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.