Yakima Valley Community Foundation

“Linda moore and bill douglas have a business relationship.”

“The executive committee, with authority to act on behalf of the governing body, will be given a complete copy of the form 990 for review prior to filing. The president/ceo will be available for questions regarding the tax return. After the executive committee members have reviewed the return and questions have been answered, a copy will be provided to the full board and the return will be filed with the internal revenue service.”

“It is the policy of yakima valley community foundation that all board members, committee members, employees and volunteers will fully disclose perceived, potential and actual conflicts of interest to the appropriate individuals, in accordance with this policy, in advance of any decision making and recuse themselves from decisions where a conflict of interest could interfere with objective decision making. Annual conflict of interest policy forms are signed by all staff and board members.”

“The administration of the compensation plan has been delegated to the executive committee by the board of directors of the foundation. The executive committee functions as the administrative committee to administer the plan on behalf of the board. The administrative committee may never be fewer than two members. All actions of the executive committee, in its capacity as the administrative committee for the plan, shall require an affirmative vote of a majority of the executive committee at a meeting at which a quorum is present. This administrative committee has the authority to administer the plan in accordance with the expressed terms of the plan. All good faith decisions of the administrative committee shall be conclusive and binding on all persons covered by the plan. The last compensation review was performed in 2013.”

“Documents including policies and conflict of interest statements are provided upon request. Financial statements and forms 990 are included on the company's external website, which is available to the public.”

“Volunteers consist of 18 members that served on the board.”

“Other fees: program service expenses 131,602. Management and general expenses 7,995. Fundraising expenses 0. Total expenses 139,597. Management fees: program service expenses 431,204. Management and general expenses 0. Fundraising expenses 0. Total expenses 431,204.”

“Transfer of designated funds to an outside organization -507,996. Change in value of charitable gift annuities -11,433.”