Lynx Foundation

“Lynx has 2 classes of directors that each can appoint directors per section 3.2 of the bylaws: the marin community foundation (mcf) class and the donor class. The donor class directors are appointed by margaret e haas. The mcf class appointed directors always hold a majority of the board seats. The current board has 2 mcf class directors and 1 donor class director.”

“The form 990 is provided to the chief financial officer and vice president of finance for review before filing.”

“All members of the governing board, officers and key employees must review the conflict of interest policy and complete a questionnaire concerning compliance on an annual basis. The forms are reviewed by the corporate secretary and cfo to ensure ongoing compliance and determine whether a conflict exists. All conflicts and potential conflicts are required to be disclosed, and the person is excluded from participating in deliberations and decisions concerning the matter.”

“Lynx foundation (the foundation) does not have any paid staff. If the foundation were to hire executive staff it would follow the policies and procedures of its parent organization, the marin community foundation (mcf). Mcf's top management official's compensation package is reviewed and decided annually by the board of directors. A compensation committee comprised of several independent board members of the board of directors is established annually. Every few years, the committee engages an independent executive compensation consultant to evaluate the president's & cfo/coo's compensation package to determine if the components, as well as the package as a whole continue to be fair and reasonable.”

“The form 990 is available upon request.”

“Governing documents, conflict of interest policy and financial statements are available upon request.”

“Alexandra derby, thomas peters, s.a. Hartman, ashley smith and lani alo are full-time employees of marin community foundation.”

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