Clemson University Land Stewardship Foundation Inc

“The board of trustees of clemson university shall appoint three appointed directors, one of which shall be the current sitting trustee chair of the clemson university land and capital asset stewardship committee, should such a committee be in place; and the clemson university foundation shall appoint two appointed directors.”

“Form 990 is sent to all board members for review and comment prior to filing. It is discussed and reviewed in depth by the finance committee.”

“Board members and officers are required to annually complete and sign a conflict of interest statement disclosing any interests which may be considered as a conflict relative to business dealings or board actions. These annual statements are reviewed and any conflicts acknowledged. In the event of a conflict, the individual involved will abstain from board actions where conflicts are deemed to be present. Review of any potentially conflicted business dealings is performed to ensure appropriateness and 'arm's length' negotiations and pricing.”

“Clemson university land stewardship foundation has no employees. Compensation of the ceo and other officers is determined by the human resources committee of the board of directors of the clemson university foundation. This process includes an analysis of comparable position data at similar institutions and consideration of the standardized classification and compensation process for these positions as determined by clemson university's office of human resources under the established guidelines of the state of south carolina. The process is documented, and actions memorialized as a part of the permanent minutes of both the clemson university foundation human resources committee and the full board of directors. Clemson university land stewardship foundation is consulted annually regarding ceo and officer performance and is informed of and ratifies any compensation changes.”

“The foundation's website is (https://www.clemson.edu/giving/cufoundations/structure/culsf/). This website displays links to governing documents, financial statements, irs form 990 and the conflict of interest policy.”

“Safety/security services: program service expenses 54,682. Management and general expenses 0. Fundraising expenses 0. Total expenses 54,682. Architecture/design services: program service expenses 58,786. Management and general expenses 0. Fundraising expenses 0. Total expenses 58,786. Property management services: program service expenses 127,845. Management and general expenses 0. Fundraising expenses 0. Total expenses 127,845. Commissions: program service expenses 0. Management and general expenses 8,750. Fundraising expenses 0. Total expenses 8,750. Engineering/survey services: program service expenses 33,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 33,500.”

“Transfer of net assets under merger with culsf 2.0 -29,947,617.”