Ollu Main Building

“Relationships: mark stoltz and patty stoltz are spouses and have a business relationship. Andrew borrego and roy terracina have a business relationship.”

“The form 990: the draft of the form 990 is presented to the executive committee of the board of trustees and provided to the board meeting for all trustees to review.”

“Compliance with conflict of interest policy: ollu main building has a conflicts of interest policy in article xviii of its bylaws. The policy covers all board trustees and defines a conflict of interest if (a) such trustee has existing or potential financial or other interest which impairs or might reasonably appear to impair such person's independent, unbiased judgement in discharged of his or her responsibilities to ollu, or (b) such trustee is aware that a family member (spouse, parents, siblings children and any other relative if the latter reside in the same household as the trustee), or any organization in which such trustee or family member is an officer, director, employee, member, partner, trustee, or controlling stockholder, has such existing or potential financial or other interest. Ollu monitors compliance with this policy in several ways: - annually requiring all trustees to disclose in writing any conflicts of interest, if not sooner discovered during the year. - ensuring all new trustees are aware of their obligation to disclose any conflicts of interest as soon as known to the board. - communicating with the trustees regularly in committee and board meetings of all new significant transactions occurring at ollu so that the trustees are aware and can disclose a conflict if applicable prior to the transaction occurring. Any disclosed conflicts are documented in the minutes and the trustee with the conflict will abstain for voting on any matters related to the conflict. This is all documented in the board minutes. If the conflict is discovered after the transaction has occurred, it is still documented in the minutes and a narrative supporting how the transaction was done at arm's length or not is documented. Any trustee who is uncertain whether there exists a conflict of interest in any matter is encouraged to disclose the potential conflict to the board or the committee to determine whether a conflict of interest exists, and the board or committee shall resolve the question by majority vote. All of this is documented in the minutes of the board or committee meeting.”

“Review: ollu main building does not provide compensation to any officer, director or top management official.”

“Of the governing documents: the organization's governing documents, conflict of interest policies and financial statements are available upon request.”

“$22,809,320.00 represents a transfer of net assets to our lady of the lake university of san antonio.”