Strategic Investment Fund Inc

“There is a business relationship between ms. Pashman, mr. Malone, mr. Morehouse, and ms. Casey.”

“Form 990 is initially reviewed by janel skelley, secretary/treasurer. A copy of the form 990 in its final form is then provided to the board of directors, but there is no requirement for the board to review and approve the form 990.”

“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 arrangement.”

“None of the current executives receive compensation.”

“The 990 is available to the general public on guidestar.”

“Although there is no formal policy, the only partnerships in which strategic investment fund, inc. Is invested in are strategic investment fund partners (sifp), power of 32 site development fund llc (power of 32), and power of 32 site development fund partners. 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. The purpose of power 32 is to constitute a source of, and to furnish, to the extent available to the partnership funding for a select number of site development projects, which, in the judgement of the general partner, will assist in the development of high-quality real estate sites to support business relocations to and expansions in the four-state (maryland, ohio, pennsylvania, west virgina), 32 county, including allegheny county, that is part of the power 32 initiative and its environs.”