100 Fold Studio Inc

“The organization does not have committees with authority to act on behalf of the governing body.”

“DAVID SHERROD, VICE PRESIDENT - 1521 Willowbrook Circle, Birmingham, AL 35242. JOHN R. MARTIN, SECRETARY - 133 E. Hawthorne Road, Birmingham, AL 35209. TERRY ELZINGA, BOARD MEMBER - 246 Rookwood Drive, Charlottesville, VA 22903.”

“Upon completion of the form 990, the return is presented to the governing body. The governing body reviews the tax return and is free to ask any questions or engage in discussion regarding any topic covered in the return. Once the governing body has reviewed and approved the form 990, the return is filed with the IRS.”

“The organization's board of directors reviews the conflict of interest policy each year with the president. At this meeting, board members are free to discuss and ask questions regarding the policy. It is the responsibility of each board member to immediately notify the president of any potential conflict of interest.”

“Compensation for officers, key employees, and management is determined on a yearly basis. Before compensation is set, the board of directors examines the type and amount of work performed by the employee while taking into account the organizations prior year income.”

“The organization makes its governing documents and various other information available upon reasonable request.”

“100 Fold Studio was formed with charitable and educational exempt purposes under Section 501(c)(3). The charitable purpose is to provide innovative and affordable architectural services for global and local missions projects. 100 Fold Studio has provided architectural services for multiple projects ranging from a Performance Area for a Native American community in Montana to a Community Development Center and Training Campus in Battambang, Cambodia. Towards this purpose, no fees or other compensation are charged to individuals and organizations that could not otherwise afford architectural services. 100 Fold Studio's exempt educational purpose is to establish a network of licensed architects, intern architects and other professionals to serve in charitable mission projects. 100 Fold Studio's educational programs have trained over 60 professionals representing 30 different universities. Participants have returned to universities to complete higher education degrees with a focus on service to others, entered the marketplace equipped with unique skills to serve professionally and charitably, or engaged in full-time mission or ministry activities. One of the necessities of the educational program is an array of projects for the interns to be involved in, both in the local office and in the field. This provides consistent educational opportunities for our participants and better equips our studio to engage in charitable service. To accomplish these educational training purposes, 100 Fold Studio has provided architectural services for ministries, nonprofits and other entities benefiting local communities, including organizations that have the ability to defray at least part of the cost of architectural services. These organizations are informed that the intern program is part of 100 Fold Studio's exempt purpose, so the organization understands that it is actually contributing to 100 Fold Studio's exempt activities by allowing the interns to be directly involved in the project. Any fees are calculated, not to make a profit, but rather to administer, maintain, and expand the organization's exempt activities. Additionally, a substantial portion of any such fees are calculated below market rate value as determined by general architectural practices and based on the organization's ability to pay.”