Moonlight Cultural Foundation Formerly the Vista Foundation

“Significant changes to the organization, governing documents, board etc. Require a quorum of the board of directors. The board of directors recommends and elects officers to the executive board. There are four officers on the executive board who manage ongoing operations. The board of directors may create any committee or task force it deems advisable.”

“Board members engage in business relationships with each other in the normal course of business.”

“Bylaws were amended for he following changes:1. Range of Number of Directors: Narrowed to a range of 6 to 18.2. Terms and Term Limits: Terms reduced from 3 years to 2 years; limit is 3 terms, so time limit falls from 9 years to 6 years. In October 2017, Board approved an amendment to allow it to waive that term limit for only one more term of 2 years. 3. Program Oversight Committee: Authorized a new standing Committee of Directors that would oversee both the Angels Auxiliary and the Youth Theatre. 4. Emeritus Positions: Expressly acknowledged the non-voting status of Past President Emeritus, defining baseline privileges for participation and information, while allowing the Board or the Board President to adjust those privileges from time to time. 5. Transactions with Directors: Added standard language setting forth approval procedures for transactions with Directors. A copy of the amended Bylaws is attached to this return.”

“Draft of form 990 is reviewed and approved by all board members. Final filing copy of tax return is forwarded to all board members.”

“All policies, including the conflict of interest policy, are reviewed at the beginning of the calendar year when inducting new board members.”

“The executive committee reviews comparable compensation analysis data on an annual basis and recommends the annual salary of the executive director to the board. The board votes to approve the salary.”

“All other employee salaries are established and reviewed annually by the executive director using comparable anaylsis data.”

“Documents and reports subject to public disclosure are available upon written request made to the corporate office where such documents are maintained.”