The Quebec-Labrador Foundation Inc

“Director bayard brokaw and founding chairman, robert bryan have a family relationship.”

“The form 990 is reviewed by management and then, separately, by the audit committee. The organization emails all of its governing body members a link to a password-protected board website on which the entire form 990 can be viewed, and notes in the email that the form 990 is available for a review on that site.”

“For purposes of this provision, the term interest shall include personal interest, interest as a director, officer, member, stockholder, shareholder, partner, manager or beneficiary of any concern or having an immediate family member who holds such an interest in any concern. The term concern shall mean any corporation, association, trust, partnership, limited liability entity, firm, person or other entity other than quebec-labrador foundation, inc. (the organization). No director, officer or key employee of the organization shall be disqualified from holding any office or post in the organization by reason of any interest in any concern. A director, officer or key employee of the organization shall not be disqualified from engaging, either as vendor, purchaser or otherwise, or contracting or entering into any transaction with the organization or with any entity of which the organization is an affiliate, provided, however, that the following precautions are undertaken: 1. The interest of such director, officer or key employee is fully disclosed to the board of directors prior to its entering into the transaction. 2. No interested director, officer or key employee may vote or lobby on the matter or be counted in determining the existence of a quorum at the meeting of the board of directors at which such matter is voted upon. 3. Any transaction in which a director, officer or key employee has an interest shall be duly approved by the disinterested board members as being in the best interests of the organization. 4. Payments to the interested director, officer or key employee shall be reasonable and shall not exceed fair market value. 5. The minutes of meetings at which such votes are taken shall record such disclosure, abstention, and rationale for approval. The foregoing procedures shall not be required if the interest of the affected director, officer or key employee consists of direct or indirect ownership of 1% or less of public traded securities of the concern or if the transaction is de minimis in relation to the organizations assets or revenues. Directors, officers and key employees are required to disclose their interests that could give rise to conflicts of interest at least annually. The conflict of interest policy and annual disclosure statements are mailed to the board of directors, officers, and key employees of the quebec-labrador foundation. The signed disclosure statements are collected and reviewed by the executive vice president of the organization, elizabeth alling.”

“Compensation is reviewed by the members of the executive compensation committee with a periodic review done by an external third party. The compensation of the president and executive vice president are reviewed and approved by the full board of directors, and periodically compared to comparable data at similar organizations.”

“Governing documents, governance reference manual, conflict of interest policy, and financial statements are posted on the qlf website. The governance reference manual includes by-laws, members of the governing boards, board committees and corresponding board charters, staff, and policies of the quebec-labroador foundation to include: conflict of interest, whistleblower policy, document retention and destruction policy, compensation setting policy, and the joint venture polcy.”

“Donated services to qlf canada -38,277.”