Outside Las Vegas Foundation

“A copy is provided to all of the board members prior to filing. The board reviews the form 990 and approves either verbally at a board meeting or via email.”

“Disclosure policy and procedure - transactions with parties with whom a conflicting interest exists may be undertaken only if all of the following are observed: 1. The conflicting interest is fully disclosed; 2. The person with the conflict of interest is excluded from the discussion and approval of such transaction; 3. A competitive bid or comparable valuation exists; and 4. The board (or a duly constituted committee thereof) has determined that the transaction is in the best interest of the organization.”

“Gallagher associates, a firm retained for organizational development, was engaged for assessments of salaries for not-for-profit executive directors in the las vegas area. In that assessment, it was found that the executive director of the outside las vegas foundation is in the lower tier for executive director compensation. The board also engaged in a separate round of assessments by seeking comparisions and guidance from non profit ceo's in the southern nevada region.”

“Governing documents are made available to the public upon request.”

“Continued from part iii, line 4a: olvf serves as a hub for regional trail and outdoor information and events. In 2014, olvf education and volunteer programs continued to grow. Olvf education programs reached 19,052 people through 252 separate programs. 27 olvf-funded field trips assisted 1,278 young people in connecting to the outdoors. The olvf city of las vegas adopt-a-trail program generated 2,800 volunteer hours in 2014 through the efforts of 1069 people. In addition, volunteers assisted with events such as get outdoors nevada day and mlk day of service, thus bringing olvf's total volunteer hours to 4,798.5 (generated by 1364 volunteers). The estimated value of a volunteer hour in the united states is 22.55. Thus, the 4,798.5 hours generated by olvf volunteer events resulted in a 108,206 value to the community. In 2014, olvf entered into new agreements with city of north las vegas and clark county for adopt-a-trail programs.”