| FORM 990, PART VI, SECTION A, LINE 6 |
THE FOUNDATION HAS MEMBERS IN THEIR AFFILIATE GROUPS. |
| FORM 990, PART VI, SECTION A, LINE 7A |
MEMBERS VOTE ANNUALLY TO ELECT NEW BOARD MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11B |
THE FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE AND FINANCE COMMITTEE BEFORE THE FORM IS FILED. CERTAIN KEY AREAS OF THE FORM 990 ARE REVIEWED AND ANY QUESTIONS OF THE COMMITTEE ARE ANSWERED. |
| FORM 990, PART VI, SECTION B, LINE 12C |
THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT ADDRESSES THE CONSIDERATION OF POTENTIAL CONFLICTS OF INTEREST BY THE BOARD OF DIRECTORS, COMMITTEE MEMBERS, VOLUNTEERS, KEY EMPLOYEES, AND THEIR RELATIVES. AS PER THE POLICY, BOARD AND COMMITTEE MEMBERS MUST MAKE DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST AND MUST ABSTAIN FROM VOTING ON ANY ACTION IN WHICH THEY MAY HAVE AN INTEREST. ON AN ANNUAL BASIS, ALL BOARD MEMBERS ARE REQUIRED TO SIGN OFF ON AN ANNUAL CONFLICT OF INTEREST FORM, EITHER STATING ANY KNOWN CONFLICTS, OR STATING THAT THERE ARE NONE. |
| FORM 990, PART VI, SECTION B, LINE 15 |
PART VI, SECTION B, LINE 15 A AND B: THE ORGANIZATION DOES NOT HAVE EMPLOYEES. SALARIES ARE DETERMINED AT THE DISCRETION OF THE COLLEGE, WHO HIRES THE EMPLOYEES. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: |
CHANGE IN FAIR VALUE OF PERPETUAL TRUST 9,767. ASSET IMPAIRMENT LOSS -4,650. |
| FORM 990, PART XII, LINE 2C: |
THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Attach to Form 990 or 990-EZ.