The Bair Foundation of Texas

“The organization contracts for management services from christian family services management corporation, a supporting organization to the organization.”

“The sole member of the organization is christian family services management corporation, a supporting organization to the organization. However, control over the foundation does not rest with the sole member.”

“Christian family services management corporation has the authority to elect all the members of the organization's governing body.”

“Copy of the form 990 was provided to the organization's governing board and was reviewed by all board members prior to filing.”

“The organization has a written conflict of interest policy that is reviewed by the board members at the annual meeting. The organization also requires that the board members sign the policy at that time indicating no conflicts of interest exist or disclosing any potential conflicts of interest that do exist. If any potential conflict is disclosed by the individual, that individual must leave the board meeting while the potential conflict is discussed and voted upon. If a conflict of interest exists, the following procedures shall be followed: (a) the chairman shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement; (b) after exercising due diligence, the directors or committee shall determine whether the corporation could obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to conflict of interest; and (c) if a more advantageous transaction or arrangement is not reasonably attainable, the directors or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interests and for its own benefit and whether the transaction is fair and reasonable to the corporation and shall decide as to whether to enter into the transaction or arrangement in conformity with such determination. If a director or committee member has reasonable cause to believe that an interested person has failed to disclose actual or possible conflicts of interest, he shall inform the interested person of the basis of such belief and afford the interested person an opportunity to explain the alleged failure to disclose. If, after hearing the response of the member and making such further investigation as may be warranted in the circumstances, the directors or committee determine that the interested person has in fact failed to disclose an actual or possible conflict of interest, the directors shall take appropriate steps to protect the corporation.”

“The organization contracts for management services from christian family services management corporation, a supporting organization to the organization. Christian family services management corporation follows a process for determining compensation for its executive director and executive vice president.”

“These documents are available upon request from the administrative office.”

“The process has not changed from the prior year.”