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        <Explanation>THE MISSION OF THE GREENVILLE AREA COMMUNITY FOUNDATION IS TO ENHANCE THE QUALITY OF LIFE IN THE GREATER GREENVILLE AREA. TO DO THIS IT WILL ATTRACT AND HOLD PERMANENT ENDOWMENT FUNDS FROM A WIDE RANGE OF DONORS, IT WILL MANAGE THESE FUNDS TO ASSURE SAFETY AND GROWTH, IT WILL MAKE GRANTS DIRECTED TO THE COMMUNITY'S CULTURAL, EDUCATIONAL, SOCIAL, ENVIRONMENTAL, RECREATIONAL, AND HEALTH RELATED CONCERNS AND IT WILL FUNCTION AS A COMMUNITY LEADER AND CATALYST.</Explanation>
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        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>PRESIDENT/CEO REVIEWS THE 990 AND A COPY IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING.</Explanation>
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        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 12C</ReturnReference>
        <Explanation>BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO SIGN CONFLICT OF INTEREST POLICY ANNUALLY. BOARD MEMBERS ARE ASKED TO ABSTAIN FROM VOTING ON ISSUES THAT ARE A CONFLICT OF INTEREST.</Explanation>
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        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15A</ReturnReference>
        <Explanation>BOARD PROVIDES REVIEW OF THE PRESIDENT/CEO'S PERFORMANCE, AND APPROVES AN ANNUAL SALARY.</Explanation>
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        <Explanation>GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.</Explanation>
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