Just Capital Foundation Inc.

“Pursuant to article i, section 1.1 of just capital foundation, inc.'s by-laws and applicable delaware law, the foundation's members consist of the directors of the foundation in good standing from time to time.”

“The members of just capital foundation, inc., who are the foundation's directors at any given time, elect the foundation's directors.”

“The financial statements of just capital foundation, inc. (the "foundation") were audited by an independent accountant, as required by the applicable state law under the direction of an audit committee. The form 990 will be reviewed by the organization's officers, president and audit committee who are given ample time and opportunity to discuss their comments and questions with the return preparer, the organization's legal counsel and, if needed, other members of the organization's board of directors. Finally the foundation will provide a copy of the form 990 to the board of directors (each member receiving his or her individual copy), giving the board an opportunity to provide input and address its questions or comments before or at the next board meeting.”

“Each director, officer, key employee, other staff member and committee member with governing-board-delegated powers shall, before initial election or appointment and annually thereafter, sign a statement and give such statement to the secretary of just capital foundation, inc., which affirms that such person:(a) has received a copy of the conflict of interest policy, (b) has read and understands the conflict of interest policy, (c) has agreed to comply with the conflict of interest policy, (d) understands that the foundation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes (and will endeavor to further such purposes), and (e) understands that he or she must disclose any conflict of interest; specifically, the director, officer, key employee, other staff member, or committee member must identify, to the best of his or her knowledge any entity of which he or she is an officer, director, trustee, member ,owner, or employee and with which the foundation has a relationship, and any transaction in which the foundation is a participant.”

“The executive committee approves the compensation of the foundation's officers after a review of their qualifications, their proposed employment contracts, and comparability data from other organizations. A summary of each review and decision is provided in the minutes of the board meeting at which (or the unanimous written consent in lieu of meeting in which) the decision was made.”

“Governing documents, conflicts of interest policy, and financial statements are available to donors and prospective donors upon request.”

“Research: program service expenses 821,443. Management and general expenses 13,563. Fundraising expenses 33. Total expenses 835,039. Marketing: program service expenses 290,139. Management and general expenses 0. Fundraising expenses 0. Total expenses 290,139. Other professional fees: program service expenses 404,853. Management and general expenses 166,479. Fundraising expenses 0. Total expenses 571,332.”

“Process has not changed from prior year.”