Ohio Masonic Home Benevolent Endowment Foundationinc

“The organization member is the ohio masonic home per the code of regulations.”

“Per the code of regulations, at the annual meeting or at such other time as may be designated by the ohio masonic home (omh) board of trustees, the omh board shall elect by majority vote of those trustees present, all trustees and/or directors of other corporations which are affiliated or wholly owned by the ohio masonic home.”

“The organization requires the approval of the ohio masonic home for the governing body's election or removal of members of the governing board, or approval of the governing body's decision to dissolve the organization.”

“The form 990 is prepared by an outside accounting firm who then submits the form 990 to the executive director of the foundation, ceo, and cfo for review. A copy of the form 990 is provided to the board of trustees prior to the filing.”

“The ohio masonic home and its related organizations have a written conflict of interest policy that states that corporation shall not engage or contract with any business entity within which a trustee or officer has a material financial or personal interest unless certain criteria is met. Part of this criteria includes a majority vote of the board of trustees. Monitoring of the state of conflict is done annually by sending out a questionnaire to all of those who are required to disclose if a conflict exists. Within one (1) business day after being notified of a possible conflict of interest, the corporate compliance officer shall contact the board member, and acknowledge the possible conflict. Within four (4) business days of acknowledgement of a possible conflict or receipt of other information which indicates the occurrence of a conflict, the corporate compliance officer shall initiate a review to determine whether further inquiry should be undertaken on behalf of the corporation. The corporate compliance officer shall act diligently to determine whether a conflict of interest is present. The corporate compliance officer may coordinate an internal review and/or engage outside auditors and/or consultants to review the potential conflict. The reviews may involve an examination of any department of the corporation. In the event the review points to an actual conflict, the corporate compliance officer shall advise the chief executive officer, and if necessary, the chief financial officer, the chairman of the board of trustees, and the corporation's legal counsel, of the conflict of interest and determine a course of action. The chairman of the board of trustees may temporarily suspend voting rights during the review process and may permanently suspend rights if the conflict of interest is substantiated. The chief executive officer and the chief financial officer have the authority to recommend a temporary or permanent suspension of voting rights to the chairman of the board of trustees.”

“The organization makes its governing documents, conflict of interest policy, and its financial statements available to the public upon request.”

“Consulting services: program service expenses 119,828. Management and general expenses 0. Fundraising expenses 51,355. Total expenses 171,183. Maintenance services: program service expenses 29,762. Management and general expenses 29,762. Fundraising expenses 0. Total expenses 59,524. Contract services: program service expenses 0. Management and general expenses 0. Fundraising expenses 233,742. Total expenses 233,742. Legal services: program service expenses 5,778. Management and general expenses 3,785. Fundraising expenses 10,360. Total expenses 19,923.”

“Fundraising efforts are focused on contributions.”

“Transfer to affiliates -11,972,457. Changes in values of beneficial interests in perpetual trusts 56,301.”

“The audit committee of the ohio masonic home, a related organization, undergoes the process to select an independent auditor. This process has not changed from the prior year.”