Fisher College

“Alexandra Bartsch (Board Chairman) - Daughter of Scott Fisher (Board Member), Sister of Christian Fisher (Board Member); Scott Fisher (Board Member) - Father of Alexandra Bartsch (Board Chairman), Father of Christian Fisher (Board Member); Christian Fisher (Board Member) - Brother of Alexandra Bartsch (Board Chairman), Son of Scott Fisher (Board Member).”

“Certain responsibilities for institutional oversight are vested in the College's Board of Incorporators. As directed by the By-Laws of the Corporation, persons elected to serve on the Board of Incorporators shall be deemed Members of the Corporation.”

“Members, defined by the Corporation's By-Laws as Incorporators, have four responsibilities: To elect Incorporators and elect members of the Board of Trustees; To elect a Treasure for the Corporation; To elect a Clerk for the Corporation; To amend, alter, repeal or add to the Corporation By-Laws.”

“The draft Form 990 and related Schedules are reviewed by a committee consisting of members of the Board of Trustees and the Vice President of Finance. Upon successful review, an approval recommendation is made and a completed copy of the Form is made available to the full Board for final review and approval.”

“The Conflict of Interest Policy, contained in the Fisher College Employee Handbook, is instituted and reviewed with individuals at the time of hire or beginning of service. Additionally, this policy is periodically reviewed with the College community as a whole through seminars presented by the Office of Human Resources and in conjunction with the College's employment practices attorneys. The Policy itself is regularly reviewed for compliance assessment by Human Resources and College attorneys, and updated accordingly. In the event that breach of policy were presumed or suspected, facts would be examined and evaluated, and determinations would be made as to the extent and breach of policy. Based on the extent of the breach determined, consequences may be levied, up to and including dismissal from the College or legal action. All members of the Board of Trustees are required to sign off on a Board specific Conflict of Interest Policy, and are required to update the Board on any changes in conflict status.”

“Fisher College policy for determining compensation includes a review of comparable salaries at similar organizations in the general geographic vicinity for all positions within the College, the data of which has been researched through the Office of Human Resources. In the case of the Office of the President, this information is then formally reviewed by a committee, which subsequently makes a recommendation to the Board of Trustees. The Board deliberates and makes a final determination, and recordkeeping is maintained at each level of the process. For all other employees, comparable salaries are reviewed and determinations are made at the supervisory level, with final salary approval residing with the Office of the President; all records are maintained at each juncture of this progression. Comparable salary data is updated on an annual basis, with annual salary reviews for all employees utilizing the updated data.”

“The College follows all Federal and State requirements and guidelines for open disclosure and public inspection of policies, procedures and public documents. Governing documents, conflict of interest policy and financial statements are posted to the Fisher College website or are made readily available for inspection to the general public at the offices of the College. Copies of any such documents are furnished upon request.”

“Increase in Net Assets with Donor Restrictions - $90,933.”