Root Capital Inc.

“The form 990 was prepared by an independent public accounting firm with information provided by management. The form 990 is reviewed by the controller, chief financial officer and president. Prior to filing, the complete form 990 is provided to all voting members of the board of directors with opportunity for questions, comments, or edits. Any changes are incorporated in the final form 990 which is filed with the irs.”

“All root capital board members and employees participate in an annual training on root capital's code of ethics, which includes a conflict of interest policy. Directors and officers complete a conflict of interest disclosure form each year. If it is necessary to review or clear a conflict related to the current work or activity of root capital, that conflict is brought before the governance committee of the board. The governance committee's conversation and decision with respect to the conflict is recorded in the minutes of the meeting and shared with the full board. All root capital personnel are trained on the conflict of interest policy. Root capital's conflict of interest policy is shared with the participants and participants are asked to sign an acknowledgement form attesting that they have read the policies and completed the training.”

“Per delegation of the full board of directors each year, the root capital board of directors' governance committee reviews the ceo's performance and compensation annually and recommends a salary for approval by the executive committee of the board. The ceo's salary recommendation is supported by a compensation study performed at least every two years as informed by peer compensation data available through public filings. Compensation of other officers and key employees is determined by the ceo of the organization using the results of a compensation survey conducted on an annual basis.”

“Root capital makes its form 990 available to the public by retaining a copy at its place of business and on its website, www.rootcapital.org. The form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements are made available on its website. The organization's governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.”

“Consultants: program service expenses 2,373,379. Management and general expenses 374,185. Fundraising expenses 14,000. Total expenses 2,761,564. Translation services: program service expenses 65,793. Management and general expenses 2,772. Fundraising expenses 0. Total expenses 68,565.”