Ithaka Harbors Inc.

“The form 990 is reviewed by the audit and risk management committee and it approves release to the entire board for an opportunity to review prior to electronic filing of the form.”

“Ithaka's conflicts of interest policy applies to its governing board, corporate officers, key employees, and others representing the organization. Members of ithaka's governing board are required to disclose all conflicts of interest at the time they arise and annually via a written disclosure process. The audit committee is charged with reviewing conflicts of interest transactions and associated decisions and making a determination regarding any restrictions to be imposed on the transaction. Ithaka's officers and key employees are likewise required to disclose to their supervisors promptly all conflicts of interest that arise and complete an annual conflicts of interest disclosure statement.”

“The compensation and benefits committee of the board conducts an annual review of officers' compensation and the compensation of highly paid employees. As part of this review, the committee references available market data for comparable positions and internal equity considerations, and it utilizes an analysis of officer salaries using industry benchmarking data from several sources. The review process covers all officers and highly paid employees.”

“Ithaka's form 990 and financial statements are available upon request.”

“Catharine bond hill served as a trustee through september 9, 2016 of ithaka harbors, inc., at which time she resigned her position on the board of trustees and accepted a full-time position with ithaka harbors, inc. As the managing director of ithaka s+r. She received $2,500 in compensation for her services as a board member and $101,311 through december 31, 2016 as an employee.”

“Jstor generates income to support its services primarily through an archive capital fee ("acf") and annual access fees ("aaf"). An acf is a one-time, non-refundable fee that provides for long-term preservation of the archive and other mission-related purposes. Aaf's are charged to participating institutions to cover the recurring costs of updating, maintaining, and providing access to the jstor journal archives.”

“Fees for services - other as reported on form 990, part ix, line 11g represent those costs incurred related to software development which is integral to ithaka's various programs.”