Harnett Health System Foundation

“The executive committee shall be composed of the chairperson, the vice chairperson, the secretary and the treasuer. The executive committee shall have and may exercise the authority of the board in the management of the organization to the extent permitted by law during the intervals between meetings of the board. All actions taken by the executive committee shall be reported to the board.”

“The following summarizes changes to the bylaws that the organization considers significant: 1. Article 4.2 provides that the number of board directors shall be no less than 11 nor more than 23, as determined by the member of the organization. 2. Article 8.4 states that checks that are for less than $50,000 must be signed by either the executive director or treasurer, but checks of more than $50,000 require the signature of both persons. 3. Exhibit a of the bylaws requires prior written approval of the member for operating and/or capital expenditures, in an approved budget, of more than $10,000.”

“Printed copies are made available to the board of trustees at the administrative office prior to filing.”

“The conflict of interest policy is reviewed annually by the leadership of the board of trustees (throughout the year if needed) and administered to all voting board members”

“Photocopies of the recent filings of the form 990 are available upon request at the organization's administrative office. In addition, recent filings of the form 990 are available online at www.guidestar.org.”

“Photocopies of the organization's governing documents, conflict of interest policy and financial statements are available upon request at the organization's administrative office.”

“Other professional services: program service expenses 4,529. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,529.”