Global Advance Foundation

“David shibley jonathan shibley director president father / son naomi shibley jonathan shibley secr/ treas president mother/ son david shibley naomi shibley director sec/treas husband/wife”

“The form 990 is prepared by an independent certified public accounting firm. After the form 990 is prepared, a draft of form 990 is provided to a designated member of the finance committee (the "tax coordinator") for review. The tax coordinator reports to the cpa firm if there are any corrections that should be made to the form 990 and after the tax and the cpa firm determines the form 990 is correct, the cpa firm produces copies of the form 990 and the copies are circulated to each member of the governing body for review and comments. Each member of the governing body is instructed to submit questions or comments to the finance committee or to the cpa firm. Each member of the governing body is instructed to inform a member of the finance committee that he or she has reveiwed the form 990 and all questions and comments, in any, have been addressed. Once all questions and comments from the governing body have been resolved, the form 990 is presented to the president of the organization for signature and filing with the internal revenue service.”

“The organization circulates the conflict of interest policy to the directors, officers, and employees of the organization annually and each person is requested to review the policy and to report to the organization if they have engaged in any activity that would be considered a conflict of interest.”

“Compensation process for top official the compensation committee is a standing committee of the board. It shall assist the board in fulfilling its responsibility to oversee the compensation and benefits of the organization's executives. The committee will be appointed by, and shall serve at the discretion of the board. It will consist of not fewer than two members of the board, with the exact number being determined by the board.unless a committee chair is designated by the board, the committee may designate a chair. The committee shall be comprised of independent board members. No member may serve on the committee if they have a bias regarding the compensaton process or its outcome. The assessment of board member independence will include noneconomic factors, such as close personal relationships between potential board members and senior management, and donor/donee relationships. The committee shall establish a schedule of meetings but will meet at least annually. The chair of the committee shall be responsible for establishing the agendas for meetings of the committee. An agenda, together with materials relating to the subject matter of each meeting, shall be sent to members of the committee for each meeting. Minutes for all meetings of the committee shall be prepared to document the committee's discharge of its responsibilities. The minutes shall be circulated in draft form to committee members to ensure an accurate final record, shall be approved at a subsequent meeting of the committee and shall be distributed to the board. The committee shall: recommend the compensation of the organization's executive (or executive officers) to the board; oversee the development and administration of the executive compensation and benefits program; make regular reports to the board about the committee's activities; make any recommendations to the board relating to proposed changes in the committee's charter.”

“The compensation committee is a standing committee of the board. It shall assist the board in fulfilling its responsibility to oversee the compensation and benefits of the organization's executives. The committee will be appointed by, and shall serve at the discretion of the board. It will consist of not fewer than two members of the board, with the exact number being determined by the board. Unless a committee chair is designated by the board, the committee may designate a chair. The committee shall be comprised of independent board members. No member may serve on the committee if they have a bias regarding the compensation process or its outcome. The assessment of board member independence will include noneconomic factors, such as close personal relationships between potential board members and senior management, and donor/donee relationships. The committee shall establish a schedule of meetings but will meet at least annually. The chair of the committee shall be responsible for establishing the agendas for meetings of the committee. An agenda, together with materials relating to the subject matter of each meeting, shall be sent to members of the committee for each meeting. Minutes for all meetings of the committee shall be prepared to document the committee's discharge of its responsibilities. The minutes shall be circulated in draft form to committee members to ensure an accurate final record, shall be approved at a subsequent meeting of the committee and shall be distributed to the board. The committee shall: recommend the compensation of the organization's executive (or executive officers) to the board; oversee the development and administration of the executive compensation and benefits program; make regular reports to the board aobut the committee's activities; make any recommendations to the board relating to proposed changes in the committee's charter.”

“The organization makes it governing documents available to anyone who request such documents.”

“Form 990 amendment is being filed to correct the original filing that erroneously included schedule r. After further review from an audit it is concluded that global advacne foundation is not related to global advance inc. This amendment is beging filed to remove all references to global advacne inc.”