Asset Stewardship Foundation

“The form 990 is prepared by our cpa firm and thoroughly reviewed by gtcf's cfo and distributed to asset stewardship foundation's board of directors. The president also reviews the form 990 before signing it.”

“The asset stewardship foundation falls under the same conflict of interest policy as greater tacoma community foundation. Each year the conflict of interest policy is distributed in writing to all volunteers. The policy states the purpose of the policy, who is covered, and the duties of a covered person; explains when a conflict of interest does or does not exist; describes the disclosure/evaluation process and procedures for acting on conflict of interest transactions. Each year all volunteers are required to fill out an acknowledgement statement where they describe any and all connections, relationships or situations which may be a conflict of interest with asset stewardship foundation. By signing the acknowledgement form, they indicate that they have carefully read the conflict of interest policy and their responses are complete, true and accurate. At committee and board meetings throughout the year, volunteers who have a conflict of interest with a matter that is before the committee or board verbally disclose the conflict of interest and abstain from discussion and voting. The abstention is documented in the meeting minutes.”

“The asset stewardship foundation is consolidated with greater tacoma community foundation. Gtcf makes its consolidated statements available on its website. The governing documents and conflict of interest policy are available upon request.”

“Environment assessment: program service expenses 0. Management and general expenses 6,150. Fundraising expenses 0. Total expenses 6,150. Land surveying: program service expenses 0. Management and general expenses 3,485. Fundraising expenses 0. Total expenses 3,485.”