University of Montevallo Foundation

“The form 990 is provided to the audit committee for review and is an agenda item at a regularly scheduled board meeting open for any discussion before the return is filed. If board members are unable to attend the meeting or time is not allowed for a meeting, the form 990 is mailed to the board members for review.”

“Board members are reminded to excuse themselves from discussion and vote if an agenda item poses a possible conflict.”

“As a general rule, the organization does not make its governing documents, conflict of interest policy and financial statements available to the public. Any written request by the public would be reviewed and acted upon by the board.”

“Management fees: program service expenses 101,818. Management and general expenses 0. Fundraising expenses 0. Total expenses 101,818. Consultants & speakers: program service expenses 80,647. Management and general expenses 0. Fundraising expenses 0. Total expenses 80,647. Printing, publications & memberships: program service expenses 33,478. Management and general expenses 3,720. Fundraising expenses 0. Total expenses 37,198. Athletic support: program service expenses 37,019. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,019. Institutional expense: program service expenses 28,287. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,287. Community relations: program service expenses 24,189. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,189. Faculty & staff development: program service expenses 21,869. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,869. Recognition & awards: program service expenses 20,902. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,902. Luncheons & receptions: program service expenses 20,083. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,083. Credit card fees: program service expenses 14,124. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,124. Student activities & gifts: program service expenses 10,795. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,795. Floral arrangements & gifts: program service expenses 7,749. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,749. Special events: program service expenses 7,143. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,143. Faculty moving expense: program service expenses 2,989. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,989. Photography: program service expenses 1,652. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,652. Miscellaneous expense: program service expenses 685. Management and general expenses 0. Fundraising expenses 0. Total expenses 685. Postage & shipping: program service expenses 452. Management and general expenses 50. Fundraising expenses 0. Total expenses 502.”

“The organization made no changes to its oversight process or selection process during the tax year.”