Drum Major Institute Inc.

“Eric n. Gioia, esq is married to another board member, lisa gioia, martin luther king iii is married to another board member, arndrea waters king. James forbes and martin luther king iii are officers in both drum major institute and an affiliate charitable organization, why tuesday inc., with founder william wachtel, leo hindery jr., norman ornstein, dan roberti, and andrew young are board members in both drum major institute and why tuesday inc.”

“All potential conflict of interest situations are discussed at board of directors meetings. The board of directors delegates the authority to review and approve the prepared 990 to the executive director and director of operations. Once approved, the return is submitted to the irs and a copy of the return is provided to each voting board member upon request.”

“Per the written policy, the issue is brought up annually at a meeting of the board of directors, the results of which are noted in the minutes to the meeting. Also, each board member and officer annually signs a statement affirming that such person: 1 - has received a copy of the conflicts of interest policy; 2 - has read and understands the policy; 3 - has agreed to comply with the policy; and 4 - understands the corporation is charitable and in order to maintain its federal tax exemption must engage primarly in activities that accomplish one or more of its tax-exempt purposes.”

“The board of directors must approve all compensation paid to the officers and key employees and bases its decisions on comparative and market salary information.”

“Anyone can request a copy of form 990 & other governing documents are available upon request by contacting the organization by telephone or in writing at 1690 east strasbyrg road, west chester, pa 19380.”

“Governing documents, conflict of interest policy and financial statements are made available upon request.”

“Project management: program service expenses 30,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,000.”