The Peregrine Fund Inc

“The Executive Committee of the board is comprised of all current board officers, Chairman Emeritus, and the current Chair of each of the board committees. The duties of the Executive Committee include the prompt follow-up of action decided by the board and to provide guidance and direction for the President, and to conduct such corporate business that does not intrude on the prerogatives of the Board of Directors.”

“The Founders of the Corporation (hereinafter referred to as Founders) shall consist of Tom J Cade (deceased), Robert B Berry, James D Weaver, Frank M Bond (deceased) and William A Burnham (deceased). The Office of Founder is time-limited only by resignation, permanent inability to perform the functions and duties as Founder, or Death. When the last surviving Founder terminates, the Office of Founder, and all authorities and duties of Founders in the Bylaws will cease to exist.”

“The Founders may provide procedures for the nomination of candidates for Director to the Board of Directors. Only candidates selected by a Nominating Committee of the Board of Directors shall be eligible for election as Director, subject to final approval by a majority of Founders.”

“The Founders have final approval of nominations to the Board of Directors.”

“The Form 990 is prepared by an outside public accounting firm and reviewed by the President and the Director of Global Operations. The Form 990 is then e-mailed or sent by US Postal Service to all board members who are given an opportunity to comment before the return is filed with the IRS.”

“Each director and officer with governing board-designated powers annually signs a statement which affirms they have received a copy of the Conflict of Interest policy, have read and understand the policy, have agreed to comply with the policy, and understand The Peregrine Fund is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure The Peregrine Fund operates in a manner consistant with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews are conducted. The reviews include whether compensation arrangements and benefits are reasonable based on competent survey information and the result of arm's length bargaining and whether partnerships, joint ventures, and arrangements with management organizations conform to the Organization's written policies, are properly recorded, reflect reasonable investment or payments for goods & services, further charitable purposes and do not result in inurement, impermissible private benefit, or in an excess benefit transaction.”

“President/CEO Compensation is determined by the Board of Directors annually. The President/CEO presents to the Compensation Committee Chairperson a preliminary summary of activities/accomplishments for the year, with a request/recommendation for compensation changes, which is then followed by a meeting with the full Committee. The compensation changes are carefully considered based on job performance, professional qualifications, experience, cost of living changes, and compensation levels provided by similar organizations, as well as the overall budget feasibility and reasonability of compensation levels requested. In a closed session, the Compensation Committee proposes their recommendations, and the Board votes. This process was last undertaken in October 2018 to determine the 2018/19 compensation levels.”

“Governing documents, conflict of interest policy, and financial statements are available to the public upon request. Requests should be submitted to The Peregrine Fund, Administrative Office, 5668 W. Flying Hawk Lane, Boise, ID 83709. Form 990 and audited financial statements are also available on the website www.peregrinefund.org.”