The Imr Support Foundation

“A copy of the form 990 is reviewed by the president of imr support foundation and the director of accounting. The president of in medias res (the supported organization) also reviews the form 990. Once reviewed, the final version of the form 990 is made available to all board members. Thereafter, the form 990 is filed and made available for public inspection.”

“The foundation's policy requires each director, officer, and member of a committee with governing board delegated powers to annually sign a statement which affirms that such a person (1) has received a copy of the conflict of interest policy, (2) has read and understands the policy, (3) has agreed to comply with the policy, and (4) understands that the foundation is tax-exempt and that it must engage primarily in activities which accomplish its tax-exempt purposes.”

“The foundation does not pay compensation to its directors or officers. Therefore, it has not implemented policies with respect to compensation.”

“The organization makes its forms 1023 and 990 available to the public upon request.”

“The organization makes its governing documents, conflict of interest policy, and financial statements, available to the public upon request.”

“The organization's president and treasurer assume responsibility for oversight of the audit and selection and retention of independent auditors. This process has not changed from the prior year.”

“The entire amount of other salaries and wages represents compensation amounts paid in accordance with a specific grant, which was received and is administered by the advanced studies in culture support foundation. However, the salaries and wages are paid through a common paymaster, in medias res, which is the supported organization. The advanced studies in culture support foundation subsequently reimburses in medias res for the salaries and wages paid in conjunction with the specific grant.”