Hias Inc.

“The hias president & ceo and board of directors perform a detailed review of form 990 prior to being filed with the irs. The form 990 is similarly reviewed in detail and signature-approved by the hias cfo.”

“1. Rationale officers, directors, committee members and senior staff members of hias (collectively, "senior officials") have a fiduciary duty to conduct all business of hias in a manner consistent with the best interests of hias. This duty requires that all decisions and actions of senior officials on behalf of hias must be made or taken solely with a view to, and with an intention to, promote the best interests of hias. Senior officials are likely to be, and indeed should be, persons with substantial involvement in business and community organizations. It would be very difficult, or perhaps impossible, for hias to recruit competent leadership from people entirely free of potential conflicts of interest with hias. The best way to protect hias from the taint of actual or apparent conflicts of interest is for hias to require senior officials to disclose potential conflicts of interest in advance. With this information in hand at the outset, hias can take action to prevent the conflict of interest from tainting the decision-making process of hias. Such action will consist of, among other measures, excluding the conflicted senior official from any vote regarding the specific matter, although depending on circumstances the conflicted individual may or may not be permitted to participate in the discussion regarding that matter. 2. Definitions a "conflict of interest" exists for a senior official when s/he: (i) directly or indirectly (i.e., through a family member, as hereinafter defined) does or seeks to do business with, or receives or seeks to receive anything of value from, hias or any affiliated agency or beneficiary agency (as hereinafter respectively defined); (ii) has a direct or indirect (i.e., through a family member) ownership interest or investment in an organization doing or seeking to do business with, or receiving or seeking to receive anything of value from, hias or any affiliated agency or beneficiary agency; (iii) receives anything of value from any person or organization who does or seeks to do business with hias or any affiliated agency or beneficiary agency; or (iv) is an officer, director, influential employee or consultant of any affiliated agency or beneficiary agency. The "affiliated agencies" and "beneficiary agencies" mean those agencies listed on attachment a hereto. A "family member" of an individual means the spouse, children, grandchildren, siblings and parents of such individual. 3. Disclosure all senior officials shall submit to hias an initial written disclosure statement and, thereafter, annual disclosure statements, in such form as may be utilized by hias for such purpose from time to time, attesting that: s/he understands and agrees to comply with this conflict of interest policy; and except as specifically described in the disclosure statement, neither s/he nor, to the best of his/her knowledge, any of his/her family members, has during the past 12 months been engaged in, or anticipates at any time in the future being engaged in, any conflict of interest. In addition to submitting initial and annual disclosure statements, whenever a senior official is present at a meeting where s/he can reasonably anticipate that final deliberation or voting is about to occur on a matter in which s/he has a conflict of interest, s/he shall immediately and fully disclose the conflict of interest to the person chairing the meeting. 4. Non-participation a senior official who has disclosed or been found to have a conflict of interest with respect to a particular matter shall refrain from any vote regarding that specific matter, although depending on circumstances such individual may or may not be permitted to participate in the discussion regarding that matter. 5. Reporting the senior advisor of hias shall be responsible for collecting and reviewing the initial and annual disclosure statements, and at least annually shall submit to the chair of the board and the president a written report listing the conflicts of int”

“The senior advisor reviews and approves compensation data. The compensation committee reviews and approves compensation increases to the hias president & ceo and other top management officials. This committee is made up of various board members. The committee looks at the salaries of other non profit organizations similar to hias and determines an appropriate salary for the president and ceo and reviews compensation for other senior management positions.this process was last done on october 28, 2014.”

“The financial statements and form 990 are made available to the public upon request. These documents are also available through web-based means. The conflict of interest policy and other governing documents are not available to the public.”

“Loss on split-interest agreements -83,918. Actuarial pension adjustment 2,861,935.”