William a Walker Memorial Trust 404017270

“The Audit Committee of the supported organization reviews drafts of the Form 990. Once completed, the Form 990 will be made available electronically to the entire board.”

“Governance is handled by the supported organization. The Conflict of Interest Policy is administered and implemented by the supported organization's Audit Committee. Each trustee and full time employee is required to annually submit a conflict of interest disclosure form. The Executive Director and President jointly monitor proposed business transactions which may have the potential for conflicts of interest and the chair of the Audit Committee of the supported organization is notified if a potential conflict is found. Any trustee or full time employee who believes he or she may have a potential conflict must immediately contact the chair of the Audit Committee of the supported organization. The chair of the Audit Committee of the supported organization determines whether a conflict of interest exists. When a proposed transaction involves a conflict, the conflicted trustee/employee is advised and is required to submit an updated disclosure form. A trustee who has a conflict of interest does not participate in board or committee considerations or determinations on the matter.”

“The Executive Committee of the supported organization reviews Executive Director performance and recommends compensation to the Finance Committee of the supported organization. The Finance Committee of the supported organization incorporates the recommended compensation into the budget and forwards the budget to the full Board. The Board of the supported organization has final approval of all compensation. The Organization has no other key employees.”

“Governing documents, financial statements and other information are made available upon request.”

“Adjustment to value investments at fair market value rather than cost 49,434.”