Ohio Guidestone

“Edward White and Fred White have a familial relationship.”

“The staff of OhioGuidestone provides all information requested to prepare the Form 990 and the actual return is prepared by our accountants. Once prepared, the form is reviewed by the agency's Chief Financial Officer prior to filing with the Internal Revenue Service.”

“The Agency has a conflict of interest policy that was approved by the Board of Directors. Upon assumption of duties and annually thereafter, all Board members shall complete the OhioGuidestone Board of Directors Conflict of Interest Policy Personal Statement (the "Board Statement"). A Board member must update and amend their Board Statement upon the discovery of any information that would change the responses in the Board Statement. The Board member shall send any Board Statement updates to the Chair of the Audit Committee. The Audit Committee shall notify, in writing, individuals whose disclosures are determined to constitute conflicts of interest. The Audit Committee shall document potential conflicts and, as appropriate, notify Board/committee chairs when an individual must recuse themselves. Board members do not vote on issues which relate to existing conflicts.”

“The President and CEO is annually evaluated by the Board of Directors who appoint the chairs of the board and Human Resource Committee to conduct the formal evaluation. Once the evaluation is completed and approved by the Board of Directors, based on the recommendation of the appointed board members, the president and CEO's compensation is updated, as well as goals related to the operating and future sustainability of the organization. The annual level of compensation is determined by the Board of Directors is directly related to the success of organizational goals and objectives and organizational growth. Yearly salary surveys of other president and CEO's in the Health and social service industry are utilized to ensure a competitive balance is attained and continued.”

“The Organization does not make its governing documents or conflict of interest policy available to the public; however, the organization does include its annual report, which contains the financial statements, on its website.”

“On March 29, 2019 the Pharmacy operations were sold to an unrelated third party. The unrelated third party rents space from the Organization and continues to service the Organization's clients.”

“A Renewed Mind (ARM) and OhioGuidestone (OGS) entered into a member substitution agreement on July 1, 2018. ARM is a 501(c)(3) organization. OGS is a separate 501(c)(3) organization with a separate Tax Identification Number. OGS is the sole member of ARM. ARM is managed and governed by a Board of Directors, which is separate and distinct from the OGS Board of Directors. While ultimate authority and financial oversight is reserved to OGS, as the sole member, OGS is not the governing body of ARM. Further, the ARM Code of Regulations limits the ultimate authority of OGS during the two years following the member substitution (until July 1, 2020), and expressly prohibits OGS from removing or revising the governing rights of the ARM Directors without approval of the ARM Board during that period.”

“Change in value of charitable gift annuity obligations -44,878. Change in beneficial interest in perpetual trusts -1,860.”