| FORM 990, PART VI, SECTION A, LINE 2 |
PHIL FROHLICH IS AN OFFICER OF A COMPANY THAT MANAGES CERTAIN PARTNERSHIPS IN WHICH TCF AND A RELATED ORGANIZATION INVEST. |
| FORM 990, PART VI, SECTION B, LINE 11B |
AFTER COMPLETION OF ITS AUDIT, TCF ENGAGES OUTSIDE TAX PROFESSIONALS TO ASSIST MANAGEMENT WITH THE PREPARATION OF ITS FORM 990. BOTH THE AUDIT REPORT AND THE DRAFT OF THE TAX RETURN ARE PRESENTED TO THE TCF LEGAL REVIEW, COMPLIANCE AND AUDIT COMMITTEE PRIOR TO THE FORM 990 FILING DATE. COMMITTEE MEMBERS GIVE CLOSE SCRUTINY TO CONTENT AND DISCLOSURES, AND THEY HAVE AN OPPORTUNITY TO DISCUSS ISSUES WITH THE OUTSIDE AUDITORS AND TAX PROFESSIONALS. NEXT AN ELECTRONIC COPY OF THE FORM 990 IS SENT TO EACH BOARD TRUSTEE PRIOR TO THE FILING DATE. COMMENTS AND/OR CORRECTIONS ARE SOLICITED. UPON RESOLUTION OF ANY EXCEPTIONS NOTED, A COPY OF THE FINAL FORM 990 IS PROVIDED TO EVERY MEMBER OF THE BOARD OF TRUSTEES, AND THE CHAIRMAN OF THE AUDIT COMMITTEE GIVES APPROVAL FOR THE FINAL FORM 990 TO BE FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C |
THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED AT THE ANNUAL BOARD OF TRUSTEES MEETING IN FEBRUARY. WHERE CONFLICTS ARISE, TRUSTEES RELATED TO THE TRANSACTION ABSTAIN FROM VOTING ON THESE MATTERS, ACCORDING TO THE POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 |
EMPLOYEE EVALUATIONS ARE PERFORMED ANNUALLY. SALARY ADJUSTMENTS ARE BASED ON MERIT AND EVALUATED IN CONTEXT TO THE FOUNDATION'S TOTAL OPERATING BUDGET. EMPLOYEE SALARIES ARE COMPARED TO COUNCIL ON FOUNDATIONS SALARY SURVEY DATA. CEO AND ALL EMPLOYEES' SALARIES ARE REVIEWED AND APPROVED BY A COMPENSATION COMMITTEE COMPRISED OF CERTAIN MEMBERS OF THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION C, LINE 19 |
TCF POSTS ITS FORM 990, 990-T AND IRS 501(C)(3) DETERMINATION LETTER ON THE ORGANIZATION WEBSITE. TCF ALSO MAKES ITS FORM 1023, AUDITED FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. |
| PART VII, SECTION A, LINE 1A, COLUMN (B): |
WILLIAM J. STAVA, III, WORKS AN AVERAGE OF 20 HOURS PER WEEK AS THE TCF CHIEF OPERATING OFFICER, 2 HOURS PER WEEK AS THE EXECUTIVE DIRECTOR OF TULSA BEAUTIFICATION (TBF), AND 35 HOURS PER WEEK AS THE SR. PROGRAM OFFICER FOR GEORGE KAISER FAMILY FOUNDATION (GKFF). TBF AND GKFF ARE BOTH RELATED ENTITIES CONTROLLED BY TCF. |
| FORM 990, PART XII, LINE 2C |
AUDIT OVERSIGHT HAS NOT CHANGED FROM PRIOR YEAR. |
| SCHEDULE L, PART IV: BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS |
PHIL FROHLICH, A CURRENT TRUSTEE OF TCF AND CURRENT DIRECTOR OF A RELATED ORGANIZATION, IS AN OFFICER OF A COMPANY THAT MANAGES CERTAIN PARTNERSHIPS IN WHICH TCF AND A RELATED ORGANIZATION INVEST. REMUNERATION TO INTERESTED PARTY IS PROVIDED BY THE PARTNERSHIP AND IS NOT KNOWN TO TCF. |
Attach to Form 990 or 990-EZ.