Association of Charles Evans Housing Foundation

“A draft of the 990 is presented by the cpa to the president for review and commentary. Internal meetings and discussions occur among other directors, as required. Comments, if any, are clearded internally and then with the cpa if any changes are required. Once cleared and accepted, the return is signed and filed with the internal revenue service.”

“Conflict of interest policy a. Members of the board shall not personally benefit as a result of their board involvement except for reasonable compensation of services rendered. The purpose of this provision is to prevent board members from acting primarily on the basis of financial self-interest and to prevent the (organization) from operating in a manner that favors board members to the detriment of others. B. In the event that the board considers an issue that involves the financial relationship between the organization and a member of the board, the board member will disclose to the board the financial relationship that the particular board member has, with respect to the issue, the board member shall refrain from voting on the matter. C. Board members who serve as an employee or volunteer in a decision making capacity on behalf of another organization which the (organization) is working with or transacting business with, shall inform the board president and the executive director as to their involvement in the said organization. D. It should be mentioned that the conflict of interest policy as enumerated herein applies to a board members immediate family as well as themselves. E. Staff and their current spouse, if applicable, are restricted from serving as voting members of the board and former staff members are restricted as voting members for a period of two years from the date of their separation as the staff member of the (organization). F. Staff shall not engage in any outside activity or employment which involves the direct or indirect use of information obtained as an employee which shall provide financial gain to him or herself or a member of his or her immediate family without the express consent of the executive director. The executive director shall not similarly act without the express consent of the president.”

“Governing documents are made available upon request from either the organization itself, or that of the nys attorney general charity's department office.”

“The organization's purpose is to make grants to other various exempt 501 (c)(3) organizations, in particular those who provide programs which assist indigent and/or homeless individuals and their families. The exempt purpose was accomplished with the organization's entire 2011 support was made to the donee organization named described in schedule i. Such organization specifically meets this organization's purpose.”

“See 990 schedule o, and supporting detail statements for a complete description.”