Conner Prairie Foundation Inc

“The organization does not have compensated officers or key employees. Therefore, lines 15a and 15b are not applicable and have been answered "no" in accordance with the form 990 instructions.”

“According to the organization's bylaws, the board of directors may create one or more committees to assist in carrying out any of the purposes of the corporation, define the responsibilities of such committee or committees and delegate such committee or committees those powers that the board of directors determines to be appropriate. The board of directors shall appoint the members of each committee. At least two members of each committee shall be members of the board of directors and, if the committee is to exercise powers of the board of directors, then each member appointed to the committee shall be a member of the board of directors.”

“Richard J Thrapp and Kevin Schmidt - Business relationship”

“The board of directors of Conner Prairie Museum nominate individuals to fill five vacancies of the Conner Prairie Foundation board of directors.”

“A draft of the form 990 is provided to each member of the audit committee of Conner Prairie Museum, Inc. (a related organization) for their individual review. An overview of the form 990 is then presented to this audit committee by the paid tax return preparer and the senior management of Conner Prairie Museum, Inc. The presentation and meetings include a detailed discussion of the Form 990, answering any questions posed by the members of the audit committee. After the audit committee approves the draft, copies of the form 990 are provided to every voting member of the governing body of Conner Prairie Foundation, Inc. for their review before being filed with the IRS.”

“Every year, a conflict of interest questionnaire is sent to each interested person of the organization. After the questionnaires are completed, they are reviewed by the audit committee and governance committee of Conner Prairie Museum, Inc. (a related organization) for potential conflicts of interest. Any issues that arise are discussed with the Conner Prairie Foundation, Inc. board. The governance committee is comprised of Conner Prairie Museum, Inc. board members of which at least one also reside on the Conner Prairie Foundation, Inc. board. As a result, oversight exists at the Foundation Board meetings to ensure that board members with potential conflicts abstain from participating in discussions and voting on transactions related to those potential conflicts.”

“Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue code (IRC) Section 6104. These documents are not available to the public at this time.”

“It shall own, control, preserve, and protect the land, buildings, and improvements that make up Conner Prairie Museum, Inc. It shall own, control, preserve, grow, and ensure the prudent management and investment of endowment funds and other gifts restricted for the benefit of the operations and budgets of Conner Prairie Museum, Inc. It shall serve as trustee and hold and maintain in good repair the William Conner House Public Trust property. It shall foster and facilitate historical preservation.”