Central Presbyterian Foundation of Lafayette Ind Inc.

“The foundation has members, consisting of all members of the session of central presbyterian church, including those elders designated as elder- trustee members, the pastor of central presbyterian church who serves as an ex-officio member, all persons who have made contributions to the foundation qualifying them to be members.”

“The foundation is governed by a 15-member board of directors consisting of three members of the session of central presbyterian church, appointed by that body, three members of the session of central presbyterian church, elected by the congregation of central presbyterian church to serve as elder-trustees, and nine directors representing foundation sponsors, elected by the members of the foundation. In 2019, there were only 14 actively participating directors, due to a continuing vacancy in one session-appointed directorship. Sponsors members are those who have contributed at least 1,000 over a ten-year period. Contributors are those who contribute less than 50 annually. A contributor may become a sponsor member by contributing 100 annually for 10 consecutive years. The pastor and church treasurer serve ex-officio without the right to vote; and russell h hart and w h butch hancock are honorary directors emeritus and do not vote or actively participate.”

“The foundation provides a copy of the form 990 by email to each director with sufficient time for review prior to filing, and notifies each director that the form 990 will be filed as distributed unless an objection or question is raised prior to the date of filing. If an objection or question is raised, the form 990 will not be filed until adoption of a formal motion approving the filing thereof by the board of directors.”

“The foundation has a written conflict of interest policy, which requires annual disclosure of interests that could give rise to conflicts. The policy and individual disclosure statements are reviewed annually.”

“In addition to being available on guidestar, the foundation's form 990 is available for inspection upon request at central presbyterian church and at the offices of hoffman, luhman & masson, pc, 200 ferry street, suite c, lafayette, in 47902. Copies of all governing documents, financial statements, and corporate minutes reflecting adoption of its conflict of interest policy and procedures are available for public inspection at the offices of the foundation, 31 n 7th street, lafayette, indiana.”