St. Andrews Charitable Foundation

“St. Andrew's resources for seniors system is the sole corporate member.”

“Powers of members of the organization: directors shall be appointed by the governing body of st. Andrew's resources for seniors system (starss), the sole member, to serve for a term of three years or until his or her successor shall have been elected and qualified. If the officer of a directors becomes vacant for any reason, starss shall appoint a successor or successors for the unexpired term. Directors may be removed, with or without cause, by the board of directors of starss.”

“The member must approve certain transactions as set forth in the most recent bylaws of the organization.”

“Process for review of form 990: the draft of the form 990 is reviewed by the cfo for accuracy and emailed to both the administration and finance committee and the entire board of directors. The finaly form 990 is emailed to the president of the board for review and signature.”

“An annual conflict of interest disclosure is completed by each board of directors member, submitted and reviewed by the entire board. If any conflicts arise with any member, that member is then excluded in any voting for applicable subject areas. There is also a corporate compliance policy which is reviewed with all employees annually and periodically audited with respect to operational compliance.”

“A review is performed annually, using compararable data regarding compensation with input from the cemo study. Independent board of directors approval is sought for any changes outside of normal ranges. Salaries are reviewed annually during the budget process by the executive director and the managment company accounting and operations personnel. During this review, salary ranges for all positions are compared with the results from a benchmarking salary survey. The budget is reviewed and approved annually by the board following a recommendation from the compensation committee and the administration and finance committee.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Change in value of split-interest agreement -25,967. Decrease in beneficial interest -172,411.”

“The organization's oversight and selection processes did not change in the current year.”