Faith Community Foundation

“Not applicable.”

“Not applicable.”

“Form 990-T is being filed.”

“Faith Baptist Bible College has the right to appoint two of the ten board members of Faith Community Foundation. As provided in the Faith Community Foundation Bylaws no organization can have more than two members on the board of Faith Community Foundation. Two of the current board members serve on the board of Faith Baptist Bible College and were appointed by that organization.”

“See the answer to Part VI-A, Line 2 above. Faith Baptist Bible College has the right to appoint two members of the Faith Community Foundation board of directors and has exercised its right to do so.”

“Faith Community Foundation has a Conflict of Interest Policy that provides for each member of its board of directors to affirm in writing that they have received a copy of its Conflict of Interest Policy, that they have read and understand the policy, they agree to abide by its Conflict of Interest Policy, and they understand that the organization is a charitable tax-exempt organization that must focus its activities on its tax-exempt purposes.”

“The President's annual salary is approved by the board of directors. At least once every three years, the board of directors appoints a Compensation Committee to independently evaluate the compensation package for the President using external sources such as Guidestar.org and other related sources to assure an appropriate level of compensation for the Faith Community Foundation leader.”

“The Faith Community Foundation board of directors adopted a policy for reviewing IRS Form 990 that reads as follows: "Faith Community Foundation will circulate a 'Draft' copy of its IRS Form 990, except for Schedule B that lists all donors with donations of $5,000.00 or more during the fiscal year, to each of its board members by e-mail in .pdf format. The board members will have at least one week from the date the IRS Form 990 is sent to their current e-mail address to respond with any comments. Board members will be asked to approve the return for filing or submit suggested changes. Failure to respond within seven days of the date the message is sent shall be interpreted as a vote to 'Approve' the return as circulated. When comments are received that will require a substantial change to the form as circulated, then a 'Corrected Draft' copy shall be circulated to each board member. Each board member will have four days to respond to a 'Corrected Draft' copy of the Form 990. Failure to respond within four days of the date the message is sent shall be interpreted as a vote to 'Approve' the return as circulated. Each board member shall receive a .pdf file of the IRS Form 990 as filed, except for Schedule B that lists donors that have donated $5,000.00 or more during the fiscal year.”

“Faith Community Foundation provides copies of its governing documents including its Articles of Incorporation and Bylaws upon request in electronic or printed form. Requests may be sent to [email protected] or mailed to Faith Community Foundation, 2130 Grand Avenue, Des Moines, IA 50265, or by visiting its office during normal office hours on Monday through Friday between 9:00 AM to 4:00 PM local time. An appointment can be arranged by calling (515) 282-7250 for convenience. The Faith Community Foundation Conflict of Interest Policy adopted by its board of directors on January 18, 2006 can be found for download www.fcfnd.org under 'Policies' or a request can be obtained upon request as described above. Finally, Faith Community Foundation financial statements are available upon request by phone, mail, or e-mail request.”

“A complete copy of IRS Form 990, except for Schedule B, Schedule of Contributors, is delivered to each board member”

“prior to filing the IRS Form 990. According to policy, the board members are to have seven days to review the IRS Form 990 prior to filing.”

“During the annual meeting of the board of directors, members of the board of directors are required to disclose”

“any conflict of interests to the Chair.”

“All of the organizations organizational documents, policies, and annual financial statements are available in its offices for public inspection during normal business hours.”

“Postage and shipping computer licenses and services real estate taxes telephone”