Strategic Investment Fund Inc

“No additional committees.”

“Form 990 is initially reviewed by william clarkson, president. Form 990 is then provided to the board of directors for their review and comments.”

“Annually, each strategic investment fund, inc. (sif) representative shall complete a written disclosure statement reflecting his or her interests. The chairman of the board and president are responsible for reviewing the disclosure statements so that they are familiar with and can report potential conflicts. In addition, each sif representative shall reveal any conflict he or she may have when the board is discussing a matter in which it may be relevant. Sif representatives shall act in a manner intended to further sif's best interests. If at any time a sif representative (i) has or may have a conflict of interest, or (ii) is unable to act in sif's best interest on any issue because of a personal situation, employment, conflicting interest, or other reason, the sif representative shall disclose the conflict to the board and answer any questions from the board, recuse himself or herself from voting on the subject and shall leave the room while the matter is discussed. Recusing himself or herself shall not prevent a sif representative from participating in other activities or discussions where no conflict of interest exists. After disclosure of a potential conflict and all material facts, the board or committee shall determine whether an actual conflict of interest exists in the particular circumstance. The board of directors may, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangment.”

“A compensation committee shall be appointed annually by the board chair to assist the board in fulfilling its responsibility to oversee the compensation and benefits of the sif, inc.'s president and other officers and key employees. The compensation committee shall consist of one or more voting members of the governing board of directors who do not directly or indirectly receive compensation from sif, inc. And who otherwise satisfy the requirements set forth in this policy. The compensation committee shall review and recommend for approval by the board of directors the total compensation of the president and other officers and key employees of the corporation, including their base salaries, bonuses, and other benefits. In developing its recommendation(s) for the board, the compensation committee shall obtain and rely upon appropriate data as to comparability prior to approving the terms of compensation. Appropriate data may include the following: a. Compensation levels paid by similiarly situated organizations, both taxable and tax-exempt, for functionally comparable positions. "similarly situated" organizations are those of a similar size and purpose and with similar resources. B. The availability of similar services in the geographic area of this organization. C. Current compensation surveys compiled by independent firms. D. Actual written offers from similar institutions competing for the services of the person who is the subject of the compensation arrangement. The compensation committee also shall consider performance evaluations conducted by the board or a committee thereof. When approving compensation for the president and other officers and key employees of sif, inc., in addition to complying with the conflict of interest requirements and policies contained in the sif, inc. Bylaws or otherwise adopted by the sif, inc. Board of directors, the compensation committee and board of directors shall comply with the following requirements and procedures: a. The terms of compensation shall be approved by the board of directors prior to the first payment of compensation. B. Each member of the compensation committee and each board member who approves a compensation arrangement must not have a conflict of interest with respect to the compensation arrangement as specified in treas. Reg. Section 53.4958-6(c)(1)(iii), which generally requires that each individual approving a compensation arrangement between an applicable tax-exempt organization and a "disqualified person" (as defined in section 4958(f)(1) of the internal revenue code of 1986, as amended, and as amplified by treas. Reg. Section 53.4958-3): 1. Is not the person who is the subject of the compensation arrangement, or a family member of such person; 2. Is not in an employment relationship subject to the direction or control of the person who is the subject of compensation arrangement; 3. Does not receive compensation or other payments subject to approval by the person who is the subject of compensation arrangement; 4. Has no material financial interest affected by the compensation arrangement; and 5. Does not approve a transaction providing economic benefits to the person who is the subject of the compensation arrangement, who in turn has approved or will approve a transaction providing benefits to the individuals approving the compensation arrangement at issue. C. The compensation committee and board of directors shall determine that the compensation arrangement is fair to the corporation, furthers its tax-exempt purposes, and does not result in private inurement, impermissible private benefit, or an excess benefit transaction under laws applicable to organizations exempt from federal income tax under section 501(c)(3) of the internal revenue code. D. The minutes of the board of directors and compensation committee for any meetings described above shall include: (i) the terms of the compensation arrangement that was approved and the date it was approved; (ii) the members”

“No documents available to the public”

“Although there is no formal policy, the only partnership in which strategic investment fund, inc. Is invested in is strategic investment fund partners (sifp). The purpose of sifp is to constitute a source of, and to furnish, to the extent available to the partnership, private-sector financing for projects which shall foster, or contribute to, economic development and the creation of employment in the city of pittsburgh, pennsylvania, and its environs including the county of allegheny and other counties within the region of southwestern pennsylvania, or shall promote, or contribute to, the elimination of urban blight and the enhancement of community development in the city of pittsburgh, pennsylvania, and such environs.”