University of Kentucky Mining Engineering

“Business and family relationships the following individuals have a business relationship as a result of their employment with the university of kentucky: joseph sottile, lisa cassis, rodney andrews, eli capilouto, david w. Blackwell, eric n. Monday, rudolph buchheit, penny cox, and zach agioutantis.”

“Form 990 review process university of kentucky finance personnel prepare and review the form 990. The form 990 is also reviewed by an independent certified public accounting firm. The return is provided to board officers prior to filing the return with the internal revenue service. The return is provided to all board members after the return is filed.”

“Explanation of monitoring and enforcement of conflicts the organization is administered in accordance with policies and procedures that govern the university of kentucky. The university's ethical principles and code of conduct defines the university's core value and establishes guidelines for professional conduct including conflict of interest. All university members shall avoid conduct that might in any way lead members of the general public to conclude that he or she is using an official position to further professional or private interests or the interests of any members of his or her family. In conducting or participating in any transaction, full disclosure of any real or perceived conflict with personal interests and removal from further participation in such matters is required. Administrative regulation 7:2 financial conflicts of interest in research and administrative regulation institutional conflicts of interest involving research - sets forth specific relationships and activities that pose a potential conflict of interest for faculty, staff, and students involved in research and related activities, after disclosure, the university can make an informed judgement about a particular activity and require appropriate oversight, limitations, or prohibitions in accord with this policy.”

“Compensation review and approval process - officers and key employees the university president's compensation is established and approved by the board of trustees of the university of kentucky. The president is offered a multi-year contract which outlines base salary, variable pay, benefits and other perquisites. This total compensation package is benchmarked with other land grant institutions with academic medical centers.”

“Compensation review and approval process - other employees the university employs executives and athletic coaches in non-graded exempt positions. Other than the president, these executives/coaches are presented with an offer letter that outlines their base salary, variable pay (if applicable) and perquisites. Employee benefits other than retirement contributions are offered at the same level as staff employees. Retirement contributions by the institution for senior executives may be at a higher (e.g. 15% employer contribution) for some executives. Base salaries and variable pay are benchmarked with the universities' benchmark institutions, in addition to regional and national health care and busines entities. Total compensation offered to these executive individuals and coaches is approved by the president of the unviersity or his designee, athletics director if coach compensation is less than $75,000.”

“Other organization documents publicly available governing documents, policies and financial statements are disclosed on the university of kentucky's website. The organization is administered in accordance with policies and procedures that govern the university of kentucky. The university's administrative regulations and policies are published on the university's website at www.uky.edu. The organization's financial statements are available at www.uky.edu/ufs/financial-statements.”

“Organization's mission to maintain a continuing partnership between the university of kentucky and the mining industry in the commonwealth of kentucky for the enhancement and improvement of the mining engineering department of the college of engineering.”

“Organization structure and operation the university of kentucky operates the corporation as a cost center within its consolidated financial statments. The amounts reflected on this return are for the university mining department cost center and include funds deposited or disbursed directly by the university under its employer identification number (ein) rather than that of the corporation. Independent contractors, if applicable, are paid under the university's ein and irs form 1099's are issued under the university's ein as well.”