Smith Students Aid Society Inc.

“The Smith Students Aid Society, Inc. Form 990 was prepared by the Trustees of the Smith College, its fiscal agent. The Societys draft Form 990 was reviewed by the Smith College Controller, the Smith College Director of Accounting and the Societys Officers and Board of Directors. An electronic copy of the final Form 990 was provided to the Societys Officers and Board of Directors prior to filing with the IRS.”

“The Smith Students Aid Society. Inc. has a conflict of interest policy that includes a questionnaire that all members of the Board of Directors must complete and sign their names to annually certifying that the statements therein are true and complete. Any member of the Board of Directors is expected to refrain from participation in any decision of the Board in which there is a conflict of interest.”

“The Smith Students Aid Society. Inc. makes its governing documents, conflict of interest policy, financial statements and Form 990 available to the public upon request. The Form PC, Form 990 and the Societys financial statements are also available on the website of the Commonwealth of Massachusetts Attorney General.”

“Per the Smith Students Aid Society. Inc.s bylaws, no member of the Board of Directors may be compensated for their service nor are they eligible for contracts.”

“The Trustees of the Smith College, 04-1843040, is the fiscal agent for the Smith Students Aid Society, Inc. The Societys one employee is paid through the Colleges payroll system therefore, her W-2 form is reported under the Colleges W-3. The College has filed all requred federal and state employment tax returns.”

“The Smith Students Aid Society. Inc. SSAS provides small individual grants to Smith College students as available funding allows for fine arts supplies, credit bearing programs, beyond smith, emergencies and uninsured medical and dental expenses, textbooks, summer study and special opportunities. Students must submit an application in accordance with SSAS published guidelines. In that application students must submit a complete budget that includes their own contribution toward the activity. For some programs, receipts for expenses must be submitted before reimbursement can be approved. Grant applications must be submitted by specified deadlines for consideration. Grants are carefully monitored by the SSAS administrator to ensure compliance with published guidelines and the SSAS Board of Directors approved budget.”