Sidney-Shelby Cty YMCA Foundation

“The independent audit report is reviewed by the board of directors and the 990 is prepared directly from the independent audit report. Upon completion, before submission, the 990 is presented to the board of directors for review.”

“The sidney-shelby county ymca foundation's conflict of interest policy is reviewed with all prospective board members and must be signed before becoming an official board member. An annual questionnaire is required by each board member, and responses are monitored for timeliness and completeness. Periodic reviews are held. Any determined conflict of interest by any member of the board is documented in the meeting minutes.”

“The ymca of sidney & shelby county maintains a public disclosure file for each year containing our 990, audit report, annual report of the association, program guides and pertinent policies. These items are available upon request to any person who should wish to see them. Financial statements are distributed and reviewed quarterly at each board meeting. Currently our 990 can be accessed free via the internet at research sites designed for this purpose.”

“The sidney-shelby county ymca foundation is formed to operate exclusively for the benefits of the young mens christian association of sidney & shelby county, a tax exempt organization, whose mission is to put christian principles into practice to benefit all shelby county residents through programs that build healthy spirit, mind and body for all. The ymca is an all inclusive organization. We serve all individuals regardless of their ability to pay.”

“The lee e schauer memorial scholarship was established in 1990 to honor the memory of lee e schauer, a student at sidney high school who suffered an accidental death in 1989, the summer before his senior year. The ymca encourages people to accept and demonstrate positive values in their lives like caring, honesty, respect and responsibility. Recipients are asked to articulate what these values mean to them and how they have demonstrated them in their lives. The scholarship has two important goals, to lovingly honor the memory of lee e schauer, and to make a significant difference in the life of the recipient(s). The two 2024 scholarships amounted to 25,500. In addition to the schauer scholarship, the ymca also offers the james lantz memorial scholarship. Jim died in 1986 at the age of 15. His family created the scholarship to honor jim's memory and to make a positive impact in the life of the recipient. The 2024 scholarship amount was 1,000.”

“Independent transfer of amount for benefit of ymca of sidney & shelby county.”