The George W Bush Foundation

“The corporation's bylaws provide the board of directors shall create an executive committee of the board consisting of the chair of the board of directors, the president of smu, the president of the foundation, and two other members of the board of directors. A quorum for this executive committee for decisions shall require the chair of the board of directors, the president of smu and one other member of the board of directors serving on the executive committee. The executive committee shall have the authority to act on behalf of the corporation in between regular meetings of the board of directors. Except to the extent authorities of the board of directors are delegated to the executive committee by a duly passed resolution of the board of directors, the board of directors must validate the actions of the executive committee at its next regular or special meeting. Any such action requiring validation which is not so validated will not be legally binding on the corporation. The chair of the board of directors shall act as chair of the executive committee. All decisions of the executive committee shall be by a majority vote of those present.”

“Laura bush and henry hager: family relationship”

“Adopted the ninth amended and restated bylaws of the george w. Bush foundation to enhance the purpose and operations (section 7.1) to specifically include the organization's core values tying the work of the bush center to a historical quote from president george w. Bush.”

“By virtue of their offices, the president of the corporation and the president of southern methodist university ("smu") each shall serve as a director. Smu has the right to designate one or more person(s) to serve as a director of the corporation in accordance with a governance agreement between the corporation and smu, subject to objection rights of the corporation's chair.”

“The corporation hires an independent accounting firm to prepare and review the corporation's form 990 based on information provided by the corporation's accounting staff. A copy of the form 990 is provided to the corporation's president, secretary, chief financial officer, and legal counsel for initial review. A copy of the form 990 is then provided to all board members for a final review prior to being filed with the internal revenue service and certain state reporting agencies.”

“In accordance with the corporation's conflict of interest policy, each director, principal officer, and member of a committee with governing board delegated powers annually signs a statement which affirms that such person has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands the corporation is charitable and in order to maintain its federal tax exemption must engage primarily in activities, which accomplish one or more of its tax-exempt purposes. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“The compensation for the president and ceo is approved by the board of directors during the executive session of board meetings. A management consulting firm provides market compensation data to the board for its use in making these compensation decisions. The compensation of the other key employees is determined by the president of the foundation. In addition, salary surveys are periodically completed by an external compensation consultant to establish salary ranges for each position in the corporation based on comparable positions at comparable organizations. Board decisions regarding the compensation of the ceo are communicated by the chair to the treasurer for execution. The documentation for all other compensation determinations is retained by the human capital department.”

“The corporation complies with various state charitable organization reporting requirements by providing, when required, a copy of the annual audited financial statements, governing documents and the form 990. The states make the filed information available to the public. The audited financial statements, form 990, form 1023, conflict of interest policy and form 990-t are available upon request.”

“Dba: george w. Bush institute dba: george w. Bush presidential museum dba: george w. Bush presidential center”

“Endow a presidential archival depository to house and preserve documents, papers and other memorabilia of president george w. Bush and promote the values of freedom, opportunity, accountability, and compassion through the operation of the george w. Bush presidential center and institute.”

“The following are the purposes for which the corporation is organized as set forth in the certificate of formation: the purposes for which the corporation is organized are (i) to endow a presidential archival depository, as defined by section 2101(1) of title 44 of the united states code annotated, in an amount required by subsection (g) of section 2112 of title 44 of the united states code annotated, to house and preserve at the george w. Bush presidential library and museum the books, documents, papers, pictures, photographs, and other memorabilia of president george w. Bush, as well as other objects or materials related to the papers or events of the official or personal life of president bush that have historical or commemorative value, and to undertake and support research and educational activities on policy and issues that relate to the life and work of president bush thereby promoting such library and museum, and the values of freedom, opportunity, accountability, and compassion, as articulated by president george w. Bush when he stated : "we believe in private markets, humanized by compassionate government. We believe in economies that reward effort, communities that protect the weak, and the duty of nations to respect the dignity and the rights of all:" (ii) to maintain a fund or funds of real or personal property, or both, and (subject to the restrictions and limitations hereinafter set forth) to expend or distribute the whole or any part of the income or principal thereof exclusively for the promotion or operation of the george w. Bush presidential library and museum, the george w. Bush presidential center; and the george w. Bush institute whose activities promote the library and museum; (iii) to promote libraries; and (iv) to perform any other religious, charitable, scientific, literary, or educational activities that promote such foregoing purposes. The corporation pledges all of its assets for use in performing these purposes.”

“Changes in value of split interest asset 198,769.”