Rannie Webster Foundation

“The executive committee shall consist of the chairperson of the board as chair thereof, the vice chairperson, the ceo, the treasurer, and the chairperson of each of the subsidiary corporation's board of trustees. Neither the ceo nor the treasurer, if the treasurer is the cfo, shall have a vote. Only a voting member may be chairperson of the committee. The executive committee shall have charge of the detailed management of the corporation on behalf of the board of directors and the power to transact all regular business of the corporation on behalf, and with the full power, of the board of directors during the period between the meetings of the board of directors, subject to any prior limitations imposed by the board of directors or by law.”

“Silverstone by hunt is the sole corporate member and maintains an ongoing management agreement with the organization.”

“Silverstone by hunt is the the sole member of the corporation.”

“Member elects the board of directors.”

“Member to approve any major financial or management changes.”

“The form 990 is prepared by tax advisors of a national accounting firm with information provided by management. The draft form 990 is provided for review by the board of directors in advance of a scheduled meeting. Questions may be raised either at the meeting or via email prior to. Once any questions are answered, the board will vote to approve the form 990 prior to filing.”

“Trustees, voting members, officers, and employees of the organization must annually complete a conflict of interest policy and disclosure statement. The chairman of the board of directors is responsible for monitoring the policy. Transactions that could have a conflict of interest shall be submitted to the board of directors for approval or other action or may be presented between meetings of the board of directors to the executive committee for its approval or such other action as it may determine. Compliance with the conflict of interest policy is reviewed at the annual meeting of the board of directors.”

“The compensation committee of the sole member, silverstone by hunt, uses comparable data, form 990 of other organizations, and compensation surveys or studies to determine salaries. The process described here was last completed in 2025.”

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

“Other purchased services: program service expenses 254,864. Management and general expenses 142,237. Fundraising expenses 0. Total expenses 397,101. Nursing purchased services: program service expenses 1,407,568. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,407,568. Therapy purchased services: program service expenses 726,965. Management and general expenses 0. Fundraising expenses 0. Total expenses 726,965.”