Stratford Foundation Inc.

“Business or Family Relationship of Officers, Directors, Etc. The President and CEO is the daughter of the Director and the Treasurer and CFO is the niece of the Director.”

“Explanation of Classes of Members or Shareholder. The organization has one stockholder. The stockholder is a trust. There is one class of stock. The stockholder has the right to elect the board members. The stockholder does not have the rights to make significant decisions of the governing body and does not have the right to receive distributions.”

“How Members or Shareholders Elect Governing Body. There is one stockholder who governs these actions.”

“Form 990 Review Process. The Form 990 is thoroughly reviewed by the President and CEO before filing. Questions or issues that arise are discussed with the independent auditors prior to filing.”

“Explanation of Monitoring and Enforcement of Conflicts - To ensure that the Foundation operates in a manner consistent with its charitable purposes and that it does not engage in activities that could jeopardize its status as an organization exempt from federal income tax, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable and are the result of arm's-length bargaining, b. Whether partnerships, joint ventures, and arrangements with management organizations conform to the Foundation's charitable purposes, and do not result in inurement, impermissible private benefit or in an excess benefit transaction. If a violation of the conflicts of interest policy is suspected: a. If the Board or committee has reasonable cause to believe that an officer, director, or member of a committee has failed to disclose actual or possible conflicts of interest, it shall inform the person of the basis for such belief and afford him or her an opportunity to explain the alleged failure to disclose. b. If, after hearing the response of the officer, director, or member of a committee and making such further investigation as may be warranted in the circumstances, the Board or committee determines that her or she has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“Compensation Review and Approval Process - Officer's and Key Employees: The board determines the President's and CFO's salaries in conjunction with the compensation subcommittee and considering input from an external review. This external review is conducted approximately every three years, with the most recent one taking place in May 2023. Following this review, compensation increases were implemented in August 2023. There were no salary increases in 2024, and the CFO received an increase in August 2025, after submitting a goals review and analysis. Employee compensation is primarily based on performance reviews. The President, using recommendations from the employee's supervisors and market analysis, determines salaries and hourly wages. Typically, pay increases are granted annually on the employee's anniversary date.”

“Disclosure availability of non-discrimination policy was made through the regional newspaper, the Boston Globe, on October 1, 2025. Disclosure availability of tax returns, governing documents and policies made available upon request by contacting the organization.”

“Transfers from related entity totaling $1,125,000.”