Donald Danforth Plant Science Center

“William h danforth, christopher borders danforth, and mary danforth stillman have a family relationship.”

“Return is prepared by an independent cpa firm. It is then reviewed by management. The form 990 is then reviewed by the audit committee chair and the chairman of the board. The return is then provided to all members of the board of directors prior to the filing of the return.”

“The center has had a conflict of interest policy since the inception of the organization. A subcommittee of the audit committee of the board of trustees is responsible for assessing the adequacy of the center's conflict of interest policies and monitoring compliance with the policies and procedures. The subcommittee also has responsibility for oversight and management of potential conflicts of interest for board members and officers. The subcommittee reports to the board regarding conflicts of interest on an annual basis, or more frequently if considered necessary. Under the center's current policies, trustees, officers and key employees are required to disclose potential conflicts of interest upon hire or appointment, when new potential conflicts arise and on an annual basis thereafter. It is management's responsibility to develop and implement a specific plan of action to control or eliminate each conflict of interest and to monitor compliance with the agreed upon plan. All potential conflicts are presented to the conflict of interest subcommittee of the audit committee at an annual meeting held in march. The subcommittee reviews and approves all potential conflicts of interest and management's planned course of action to control or eliminate each potential conflict of interest. The chairman of the conflict of interest subcommittee is informed of poential conflicts when they are identified outside of the formal annual disclosure process and determines whether immediate attention of the full subcommittee is required prior to the annual meeting in march.”

“Upon initial hire of a new president or chief operating officer, an independent firm is hired to perform a compensation study. The compensation study is used as the basis for setting compensation and benefits for the new hire. On an annual basis, the human resource department obtains comparable salary data from multiple independent sources, a compensation survey from the association of independent research institutions (airi) and a survey of local institutions. Salary ranges by position are developed from the survey data and compensation levels for the danforth center are established within the ranges. The compensation committee of the board of trustees reviews and approves the survey results and recommended compensation levels. The results are presented and approved at the november board of trustees meeting.”

“The financial statements, articles of incorporation, and bylaws are available to the public upon request.”

“Change in gift annuity liability 81,488.”