Shepherds Foundation Inc.

“Shepherds ministries, inc. Is the sole member of shepherds foundation, inc.”

“Shepherds ministries, inc. Elects the members of the board of directors of shepherds foundation, inc.”

“Form 990 is prepared by an independent tax preparer and reviewed in detail by the organization's top management. The reviewed form 990 is then provided to the board of directors prior to filing with the irs.”

“Board members and officers are required to disclose potential conflicts on an annual basis. The board secretary monitors the process. Conflicts disclosed by board members are reviewed by the secretary and escalated to the chairman if needed. The chairman reviews the secretary's signed statement. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

“The organization does not compensate any officers or key employees. Therefore, these lines were answered no in accordance with the instructions.”

“The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

“Staff are compensated by a related organization, shepherds ministries, inc. Shepherds ministries, inc. Files all required payroll information returns as required by the irs. As such, due to common paymaster rules as instructed by the irs, the number of employees reported represent the number of employees who work for the filing organization but are compensated by a related organization. Shepherds foundation, inc. Reimburses shepherds ministries, inc for the employees' compensation and the reimbursements are reported on form 990, part ix, lines 5 - 10.”

“As a supporting organization, the exempt purpose of the organization is to raise funds and support the ministry of shepherds ministries, inc. (sm). Therefore, fundraising expenses equal to $2,722,347 have been reported in column (a), program service expenses, on the functional expense statement as it is the "program" of the organization to raise funds for sm. The management and general expenses equal to $115,143 have been reported in column (b) on the functional expense statement as these are determined to be the "administrative" expenses of the organization.”

“Change in beneficial interest in trust 47,054.”