Union County College Foundation Inc.

“The foundation amended and restated its certificate of incorporation and bylaws, generally to update them and clarify a number of aspects. The significant changes made as a result of amending and restating these documents were to (1) eliminate the "members" of the corporation, which previously were the same persons serving as the trustees of the corporation, (2) eliminate the "provisional" trustee position, which generally applied to a newly elected trustee for the first year, (3) clarify the ex-officio trustee and officer positions, (4) add a definition of "cause" in connection with the ability to remove a trustee for "cause," (5) clarify the supermajority vote provisions applicable to board actions to remove a trustee or amend the bylaws, to require the approval of a majority of all the voting trustees then in office as well as three quarters of the trustees present and voting at the meeting where the vote is being taken, and (6) clarify the procedures for appointing board committees and the powers that may be exercised by a board committee.”

“The 990 is reviewed by the board's audit committee prior to submission and then submitted to each board member. The full board approves the form 990. The form 990 is also reviewed by the foundation's legal counsel prior to its filing.”

“The foundation requires annual written disclosure of any relationship that could lead to violations of the conflict of interest policy. Board members are made aware of their responsibility to report any relationship arising throughout their term of service that may violate this policy.”

“All compensation is paid by the related organization and is subject to the review of that organization's boards.”

“The governing documents, conflict of interest ploicy, and financial statements are available upon request at the foundation's office located at 995 springfield ave. Cranford, nj 07016”

“Fundraising compensation: program service expenses 0. Management and general expenses 0. Fundraising expenses 95,486. Total expenses 95,486. Salaries and other costs: program service expenses 0. Management and general expenses 141,620. Fundraising expenses 0. Total expenses 141,620.”

“The foundation has not changed its oversight process or selection process during the year.”