Lighthouse International

“Effective December 23, 2013, the by-laws of lighthouse were amended to designate LGI programs, llc as the sole member of Lighthouse. In Addition, changes were made to the duties and composition of the organization's officers, quorum requirements of the directors and the scope of duties of various board committees. Form 990, Part Vi, Section A, Line 6 effective december 23, 2013, lgi programs, llc became the sole memeber of the Lighthouse. Simultaneously, lighthouse guild international, inc., A 501(c)(3) not-for-profit corporation, became the sole member of LGI Programs, LLC. Form 990, Part VI, Section A, Line 7a LGI Programs, LLC, the sole member, elects the board members of Lighthouse on an annual basis. Process used to review form 990 FORM 990, PART VI, LINE 11 Form 990 was prepared by a nationally renowned accounting firm in conjunction with the organization's financial department. A copy of the draft Form 990 was circulated to the full Board of Directors for discussion and comment. Each Board Member was provided ample opportunity to comment on the information contained in the 990 prior to its filing with the Internal Revenue Service.”

“FORM 990, PART VI, LINE 12 Lighthouse International's Conflict of Interest Policy for Directors, Officers and Other Key Employees is as follows: 1. SCOPE: The following statement of policy applies to each member of the Board and to all officers of Lighthouse International (LI). Further, it is intended to serve for the guidance of all persons employed by the institution regardless of position. 2. FIDUCIARY RESPONSIBILITY: Members of the Board, Officers, and staff serve a public-interest role and thus have a clear obligation to conduct all affairs of the Lighthouse International in a manner consistent with this concept. All decisions of the Board and Officers of the Administration of Lighthouse International are to be made solely on the basis of a desire to promote the best interests of Lighthouse International and the public good. 3. Any Board member or Officer must report a conflict, or potential conflict, of interest in the event that any transaction for Lighthouse International which also involves a 1)member of the Board or any officer of Lighthouse International or a member of his or her family or 2) an organization with which a member of the Board or any officer of Lighthouse International is affiliated, such board member or officer, at the first knowledge of the transaction, shall disclose fully the precise nature of the interest or involvement. 4. RESTRAINT ON PARTICIPATION: Directors or Officers who have declared or been found to have conflict of interest in any matter before the administration or the Board shall refrain from participating in consideration of the proposed transaction, unless for special reasons for the Board or Administration requests information or interpretation from the person or persons involved. The person or persons involved should not vote on such matters and should not be presented at the time of vote. 5. DISCIPLINARY ACTION: Violation of these standards by a member of the Board or by the President/CEO shall be addressed by the Board. Sanctions available to the Board in its discretion range from an oral or written admonishment to removal of a trustee from the Board for cause. In accordance with the Bylaws of the Board, any removal of a member of the Board for cause shall be by a vote of two-thirds (2/3) of all the trustees taken at a regular or special meeting. Violations of these standards by a Lighthouse International officer other than the President/CEO shall be addressed by the President/CEO. Sanctions available to the President range from an oral or written admonishment to termination of employment. Any Board member or Officer of Lighthouse International who is uncertain about possible conflict of interest in any matter, may request the Board to determine whether a possible conflict prevails; the Board shall resolve the question by majority vote. When possible, the question of potential conflict should be referred to counsel for an opinion prior to the Board's vote.”

“FORM 990, PART VI, LINE 15 The Finance & Administration Committee of the Board of Directors of Lighthouse International reviews and approves corporate officers' compensation and benefit programs including the 401K plan annually, to ensure that programs are competitive and cost effective. Compensation decisions, including salary, bonus and other compensation, are recommended to the full Board of Directors for its approval. For all other employees, including key employees all recommendations are reviewed by human resources and the President/CEO. Human resources regularly reviews compensation through various external market surveys and sources. Deliberation includes evaluation of individual performance measured against personal and corporate goals.”

“FORM 990, PART VI, LINE 19 The organization makes its Form 990 available to the public by making the copy retained at its place of business readily available for public inspection. The Form 990 is also available on the organization's website at www.lighthouse.org as well as on the internet at www.guidestar.org. The organization's financial statements, 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.”

“Form 990, Part III, line 4d In addition to the three largest program services, Lighthouse International undertakes the following other program activities: 1)Volunteers and reading services recruit outstanding individuals including college interns and business professionals who give of their time and expertise, volunteering in support of Lighthouse programs and its mission. 2)The Filomen M. d'asgostino Greenberg Music School is the only community music school program for people with vision loss in the united states, offering accessible instruction and a music technology center. 3)Career, academic and technology services enable people who are legally blind achieve their academic goals, prepare for, obtain or retain a job in the competitive marketplace, and provide evaluation and training on the use of assistive technology. services include, Adult basic education, English as a Second Language (ESL), GED, tutoring and college preparation, and Matching employers with qualified candidates and ensuring workplace accessibility for employees with vision loss. 4)Consumer products include the Optical Dispensary and Retail and Online Lighthouse Store which provide a wide range of lighting, magnifying and adaptive devices all of which are designed to make life easier for people with vision loss available to those who need them. 5)The Arlene R. Gordon Research Institute conducts studies designed to translate scientific findings and advances in technology into practical solutions that can help people who are visually impaired function more effectively in everyday life. 6)Public Information disseminates communications through various media outlets to raise widespread awareness of the prevalence of vision loss, and to promote the importance of prevention and early intervention, as well as the benefits of vision rehabilitation for people who are blind or visually impaired. 7)Early intervention services are dedicated to helping children with visual impairments and/or developmental delays from birth to three years of age. Programs help infants and toddlers with vision problems and developmental delays reach the same developmental milestones as their peers. Services are offered to children in their home as well as in a classroom setting in the Child Development Center. During 2013, LIghthouse International changed its home based early intervention program by eliminating service coordination and began to offer home based vision related therapy only. Children with non-vision related therapy needs received those services from other early intervention providers in the community. 8)Social services assist people and their families and caregivers in adjusting to and coping with vision loss, by addressing the emotional and psychological impact of the vision loss so that independence, dignity and quality of life are maintained. Services are provided in individual and group settings. 9)Outreach encompasses the development of strategic initiatives and activities to advance awareness of vision related issues, and provides education and referrals for the full range of services provided by Lighthouse International in the New York metropolitan area. 10)Policy and advocacy includes outreach to raise awareness of vision impairment; and advocacy initiatives, which promote the rights of people with vision loss and their inclusion in mainstream society. 11)The Grunwald Technology Center provides people who are visually impaired with access and instruction on using advances in technology to better navigate their lives. Our technology team provides our student, clients and patients with instruction, training, demonstrations and forums, both on-site and virtually on tHE web, utlizing cutting-edge technologies to significantly enhance the lives of people who are visually impaired. By reducing or eliminating many barriers that people with vision impairment experience, technology can significantly improve the lives of those most in need.”

“Other Changes in Net Assets: Change in split-interest agreements $1,834,155 Minimum Pension Liability $5,821,773 Adjustment to intercompany balances ($149,483) ----------- Total $7,506,445 ===========”