University Holdings Inc

“The makeup of the organization's board of directors was reconfigured to now consist of all of the members of the board of directors of the university of louisville foundation, inc., its supported organization. Until this change, the organization's board of directors consisted of a committee to the board of directors of the university of louisville foundation, inc., which has since been eliminated.”

“The return is first reviewed by university of louisville foundation, inc. Staff including the manager of investment and tax reporting, director of foundation accounting, and coo. The full board of directors received the return prior to filing.”

“Before any meeting of the board of directors (or a committee of the board), an agenda is circulated to each member with descriptions of the action items. This allows sufficient time for any board member to alert the board about a potential conflict of interest. When an item is presented to the board of directors (or a committee of the board) for action, the board member will disclose his or her possible conflict of interest and must recuse himself or herself from voting. The board member also avoids participating in any decision or advocating for any decision of the board. In some circumstances, such as when the conflict of the board member places the board member in competition with the university, the board member will leave the board meeting during discussion or update on the action. A conflict of interest questionnaire is given annually to all board members and officers. Since september 2017, board/committee chairs have stated the following at the beginning of each meeting: as chair it is my responsibility to remind all members of the board of their responsibility to avoid conflicts of interest and even appearance of conflicts of interest. Each member has received the agenda and related information for this board meeting. If any board member knows of any conflicts of interest or appearance of conflicts of interest with respect to any matter coming before the board at this meeting today, please identify the conflict or appearance of conflict at this time.”

“The organization does not compensate the coo. The coo is compensated by a related organization.”

“The organization makes these documents available upon request.”

“The organization utilizes the university of louisville foundation, inc.'s conflict of interest, whistleblower, and document retention and destruction policies.”

“The organization was dissolved on june 30, 2018. The organization merged into the university of louisville foundation, inc. On june 30, 2018. The existence of the organization ceased upon the merger.”

“The organization's activities are consolidated with the university of louisville foundation, inc. (foundation). An audit of the consolidated financial statements of university of louisville foundation, inc. And its affiliates is performed by an independent firm. The audit is approved by the foundation's audit committee and reviewed by the foundation's finance committee and board of directors.”