Prevent Drowning Foundation of San Diego

“The organization has no committees with authority to act on behalf of the governing body.”

“The return is reviewed by the president and/or chairman of the board, which is compared to the year end financial statements prior to filing and when time permits, circulated among other officers and board members for review and comments.”

“1. Duty to disclose - in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement.2. Determining whether a conflict of interest exists - after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. 3. Procedures for addressing the conflict of interest - (a) an interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. (b) the chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. (c)after exercising due diligence, the governingboard or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. (d) if a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organizations best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.”

“THE FOUNDATION'S TAX RETURNS ARE AVAILABLE FOR INSPECTION BY THE PUBLIC ON GUIDESTAR AT http://www.guidestar.org/.”

“The organization's governing documents and financial statements are made available to the pubic upon request. Additionally, the organization's tax returns are open to public inspection via the california attorney general's web site.”