Judson Foundation

“The form 990 is reviewed by the Board Audit Committee.”

“Officers and all board members are required to submit a conflict of interest disclosure statement on an annual basis.”

“The executive committee acts as the compensation committee and annually conducts a review of the compensation of the ceo and cfo. For determining the compensation of other officers or key employees, compensation surveys are regularly acquired from an independent outside party to assist in the ongoing review of compensation levels. External benchmark amounts are also used for all officers and key employees. The compensation of the organization's ceo is determined by all board members completing an evaluation form. All members discuss the ceo's performance and the executive committee then meets and determines the compensation based on the discussion and evaluations. The compensation of the organization's cfo is determined by the ceo summarizing the cfo's performance and presenting it to the board. The board considers the ceo's recommendation of the cfo's performance and discusses the recommendation without the cfo present and reviews and approves the cfo's compensation, as appropriate. The ceo determines appropriate compensation for key employees utilizing employee evaluations, including performance goals assessments. Corporate officer's expense reimbursement policy is the same as for all employees. The only exception is that both the ceo and cfo have a car allowance of $600 per month because of the amount of driving done by both.”

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

“Hours worked per week are allocated between the filing organization and related organizations as follows for the individuals listed within Part Vii: CYNTHIA DUNN - TOTAL HOURS PER WEEK = 42, SPLIT: JUDSON SERVICES, INC. - 6 HRS JUDSON - 10 HRS JUDSON HOME CARE - 2 HRS JUDSON FOUNDATION - 4 HRS SOUTH FRANKLIN CIRCLE - 20 HRS JAMES CARNOVALE - TOTAL HOURS PER WEEK = 42, SPLIT: JUDSON SERVICES, INC. - 2 HRS JUDSON - 24 HRS JUDSON HOME CARE - 2 HRS JUDSON FOUNDATION - 2 HRS SOUTH FRANKLIN CIRCLE - 12 HRS WILLIAM FEHRENBACH - TOTAL HOURS PER WEEK = 40, SPLIT: SOUTH FRANKLIN CIRCLE - 40 HRS KENDRA URDZIK - TOTAL HOURS PER WEEK = 40, SPLIT: JUDSON HOME CARE - 40 HRS MARY ELLEN KENNEDY - TOTAL HOURS PER WEEK = 40, SPLIT: JUDSON - 40 HRS HEATHER FREEMONT - TOTAL HOURS PER WEEK = 40, SPLIT: JUDSON - 40 HRS JEAN TURCU - TOTAL HOURS PER WEEK = 40, SPLIT: SOUTH FRANKLIN CIRCLE - 40 HRS”

“Change in value of perpetual trust: 188,038 Transfer of net assets: (426,476) Expended Capital Fund: (1,000) ----------- Total: (239,438)”