The Triangle Foundation Inc

“Persons interested in fostering and promoting the purpose and mission of the organization, and making the financial contribution at the level established by the executive board, are eligible for membership.”

“The membership may remove any director by an affirmative vote of two-thirds or more of all voting members present in person or by proxy at a duly called meeting of the board of members.”

“The members shall not have any rights to vote, except for approval of or taking the following actions: - the membership may remove a member from membership upon the affirmative vote of two-thirds or more of all voting members; - any amendment to article iii of the by-laws or the articles of incorporation shall require the approval of two-thirds or more of all voting members; - any merger involving the organization or sale, lease, exchange, mortgage or pledge of substantially all assets of the organization shall require approval two-thirds or more of all voting members. The sale of investments, the proceeds of which are reinvested, shall not require member approval. - any election to dissolve the organization shall require the approval of two-thirds or more of all voting members.”

“The 990 is reviewed by the president on behalf of the executive committee prior to filing with the irs.”

“There are no paid employees, therefore the organization has not adopted a process for determining compensation.”

“The organization's forms 1023, 990, and 990t are available upon request.”

“The organization does not currently make its governing documents, conflict of interest policy, or financial statements available to the public.”

“MODIFIED CASH BASIS”

“The process for oversight of the compilation and selection of the independent accountant has not changed from the prior year.”

“The triangle foundation is a not-for-profit organization dedicated to providing funds to create public spaces for the benefit of lexington's community and visitors. These spaces beautify and promote rich kentucky heritage and provide public gathering spaces for a wealth of events. Triangle park. The foundation's first and most enduring park in downtown lexington. This facility has been one of the centers bringing downtown lexington back to life. Edged by a beautiful and unique stepped fountain, the park provides public space for numerous public activities, including free friday outdoor movies in the summer and ice skating in the winter, public seating for outdoor dining from local eateries year-round, music and theatrical productions, yoga, open-air art classes and other public events. Thoroughbred park. A 2.75 acre park located at the edge of downtown near lexington's first racetrack, this park contains twelve bronze statues paying tribute to various aspects of kentucky's thoroughbred heritage. Included are "the meadow," where bronze mares and foals "frolic", providing greenspace and walking paths for visitors to enjoy outdoor spaces; "the track" with seven life-size bronze statutes of thoroughbreds and jockeys "racing" to the finish line; and "the winner's circle" with two thoroughbreds neck and neck at the finish line, providing visitors with a large flower bed and pool with fountain. Equestrian park at bluegrass airport. Life-size sculptures occupy three walking rings that replicate keeneland's paddock welcome visitors to the thoroughbred capital of the world and has softened the hardscape of the airport significantly. Woodland skateboard park. Woodland park is one of lexington's oldest parks, home to numerous activities for visitors to engage in and host to numerous visual arts, local crafts, recreation facilities and theatrical events. In 1999, the triangle foundation brought 12,000 square feet of ramps, platforms, bowls, and pipes for both amateurs and professionals to enjoy at no cost. Secretariat. A larger-than-life statue of the famed racehorse secretariat stands at the gateway between lexington's core and its trademark horse farms. These spaces are primarily maintained by local government or quasi-governmental entities with the triangle foundation providing additional funds as needed. Significant repairs and/or needed renovations are frequently funded by the triangle foundation to ensure that these parks remain available to the public for many years to come.”

“Form 990 is being amended to include two contributors on schedule b and to correct lines 17a, 17b, and 18 on schedule a, part ii, section c.”