Troops First Foundation Incorporated

“Chief executive director/board member richard kell and chief financial officer/board member lindsey kell-weaver are father and daughter.”

“The form 990 is prepared by an outside accountant and reviewed by the board before being filed with the irs.”

“All members of the board of directors and key executives annually review the conflict of interest policy and disclose any potential conflicts. If a conflict is discovered, the interested party or parties make a presentation at a board of directors meeting or the appropriate committee meeting. After the presentation, the parties involved leave the meeting for a discussion and vote regarding the potential transaction or arrangement. After exercising due diligence, the board or committee will determine whether the corporation can obtain with reasonable efforts a more advantageous arrangement from a person/entity that would not give rise to a conflict of interest. If such a situation or arrangement cannot be found, the board or committee will determine by a majority vote of the disinterested directors if the situation or arrangement is in the entity's best interest, will deliver the best result and benefits, and if it is both fair and reasonable. In conformity with that determination, it will make the decision as to whether to enter into the situation or arrangement.”

“Officer salaries and compensation packages are determined and approved by the board of directors with the use of performance reviews, published data of other compensation packages bestowed by similar entities or peer groups, and the projected budget for salaries and compensation. This is documented in the employment contracts of the officers. The salary review was last conducted in 2022.”

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