Lighthouse International

“Effective december 23, 2013 lgi programs, llc became the sole member of lighthouse international (lhi). Simultaneously, lighthouse guild international, inc. A 501(c)(3) not-for-profit corporation, became the sole member of lgi programs, llc.”

“The sole member elects the board members of lighthouse international on an annual basis.”

“THE FORM 990 IS PREPARED BY THE FINANCE DEPARTMENT AND REVIEWED BY THE ORGANIZATION'S EXTERNAL AUDITORS. THE FORM IS THEN DISTRIBUTED TO THE FULL BOARD FOR REVIEW AND APPROVAL PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, Lines 12, 13, and 14 LIGHTHOUSE INTERNATIONAL FOLLOWS THE GOVERNING POLICIES AND PROCEDURES OF LIGHTHOUSE GUILD INTERNATIONAL, INC, (LGI) THE PARENT COMPANY OF THE SYSTEM OF RELATED ORGANIZATIONS. ALL OF LIGHTHOUSE INTERNATIONALS BOARD MEMBERS ARE ALSO BOARD MEMBERS OF LGI WHICH ADOPTS ALL CORPORATE POLICIES AND PROCEDURES FOR LGI & AFFILIATES. THE POLICY SO STATES AND THE POLICIES HAVE BEEN APPLIED TO AND ADHERED TO BY OFFICERS, DIRECTORS AND EMPLOYEES OF ALL LGI AFFILIATES SINCE THE POLICIES ADOPTION.”

“The Organizations conflict of interest policy applies to all Officers, Directors and Employees of the organization. A Disclosure Questionnaire concerning Financial Interests and any other Potential Conflicts of Interest and related issues is completed by each Director, Officer, and Employee on an annual basis. Notwithstanding submission of the applicable Questionnaire, each Director, Officer or Employee has a continuing duty to disclose any Potential Conflicts of Interest promptly upon coming into possession of any information concerning a Potential Conflict of Interest or any changes in the information requested in the Questionnaire. Any potential conflict of interest shall be disclosed to the Audit Committee of the Board, or, when the matter is then under consideration by the Board or the Executive Committee, to the Board or Executive Committee, respectively. Neither the Audit or Executive Committee, nor the Board shall generally approve any transaction giving rise to a potential conflict of interest. However, in exceptional circumstances, the Audit Committee, the Executive Committee or the Board may determine that based on a consideration of price, quality, expertise and other relevant factors, there is no transaction that is available or feasible as an alternative to the proposed Transaction and such Transaction is fair and reasonable and in the Organizations best interest. Under such circumstances, the Audit Committee, the Executive Committee, or Board may approve such Transaction (subject, in the case of the Audit Committee, to the approval of the Executive Committee or the Board). Such consideration and action shall be contemporaneously recorded and shall be reflected in the appropriate meeting minutes. A Director, Officer, or Employee with a Potential Conflict of Interest shall not be counted in determining the quorum for, seek to influence, participate in, or be present during any deliberations or vote of the Audit Committee, Executive Committee or the Board regarding the Transaction or potential Transaction giving rise to the Potential Conflict of Interest. Neither the Audit Committee, Executive Committee nor the Board shall approve any Transaction giving rise to a Potential Conflict of Interest by less than a majority vote of committee (or board) members present at the meeting. The disclosure of a Potential Conflict of Interest and the resolution of such Potential Conflict of Interest shall be recorded in the minutes of the meeting of the Audit Committee, or the Executive Committee or Board at which the matter was presented or discussed.”

“The Compensation Committee, comprised of Lighthouse Guild International, Inc. and affiliate board members, retained an independent compensation consultant firm to review the reasonableness and comparability to other organizations of the compensation in 2016 & 2017 of the CEO and other senior executives of the organization. The review included an assessment of compliance with applicable federal and state statutes and regulations, which was reviewed by outside counsel. The report of the consultants was presented at a meeting of the Compensation Committee, at which the consultants and outside counsel were present. The Committee reviewed the report at length together with other relevant information about specific job performance, and determined the appropriate compensation. Minutes of the Committees meeting have been maintained. The Committees recommendations were presented for ratification at the following board meeting at which the recommendations were unanimously approved.”

“The form 990 is available on lighthouse guild's website. A copy of the form 990, governing documents, conflict of interest policy and financial statements are available upon request.”

“A portion of compensation paid by lgi services, llc (ein #46-4232802), a disregarded entity of the jewish guild for the blind d/b/a jewish guild healthcare, has been allocated to lighthouse international and other affiliates. Lighthouse international employees did not receive any direct compensation lighthouse international but did receive compensation from lgi services, llc (ein #46-4232802).”

“Organization's mission lighthouse international is dedicated to addressing and preventing vision loss through coordinated vision and health services. With lighthouse guild, people who are at risk for, or affected by, vision loss have access to all the resources necessary to lead full, independent and productive lives. Form 990, part iii, line 4d other programs - research support the research institute translates scientific findings and technological advances into practical solutions for people living with vision loss today. The pisart award in vision science, awarded annually, recognizes an early-career vision clinician-scientist whose contributions to vision science have the potential for substantial influence.”

“Other changes in net assets: pension adjustment $ 1,225,015 gain on value of trusts 1,221,754 gain on annuity obligations 91,573 ---------------- total to form 990, part xi, line 9 2,538,342”