Earth University Foundation

“Ross Arnold and Claire "Yum" Arnold both serve as Trustees on the EUF Board and they are married. Also, Lynn Hoffman-Brouse and Mark Brouse were both elected as new board members during 2012, and renewed in 2019 for another term. They are also married to each other.”

“Per EARTH University Foundation's Policy & Practices Manual, Part B Section IV, Item 7, the Audit committee (or in its absence, the Treasurer and Board Chairman) reviews and approves the IRS Form 990 prior to submission, and the full Board receives by email a PDF copy of the Form 990 within 30 days of its submission, which may be reviewed at the next meeting of the Board of Trustees at any Trustee's request.”

“In accordance with EARTH University Foundation's Policy and Practices Manual, the Conflict of Interest policy is made known to all persons currently serving or hereafter elected, appointed or otherwise engaged to serve, as the case may be, as a Trustee, officer, manager, staff member or as a member of an advisory board, committee, or any other entity associated with the Foundation and its acceptance evidenced by a completed and signed annual declaration. Acceptance of the policy is a precondition to their affiliation with EARTH University Foundation. The Secretary will monitor compliance with this policy. The Secretary will be responsible for ensuring that all individuals to whom this Conflict of Interest Policy applies receive a copy of the Policy and complete, sign and file the Declaration in a timely manner annually. In addition, the Secretary will provide to the Chairman of the Board of Directors, an annual written report as to individuals having filed an annual Declaration and individuals having not filed such an annual Declaration.”

“EARTH University Foundation uses a compensation system that is objective and non-discriminatory in theory, application and practice. --- The compensation system prices positions to market by using local, national and industry specific survey data. The market data will primarily include non-profits for which the position may compare and may include survey data for more specialized positions. Attention will be given to significant market differences due to geographical location. The system will evaluate external and internal equity. Compensation scale will be monitored and evaluated as positions become vacant to make necessary adjustments to ensure the compensation program continues to remain fair and competitive. --- Compensation for the Director Business Operations, and the Executive Director position includes: (a) review and approval by a governing body or compensation committee, provided persons with a conflict of interest with respect to the compensation arrangement at issue are not involved; (b) use of data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations; and (c) documentation and recordkeeping of this information and decisions made by the committee. --- As part of the annual budgeting process, the Board of Trustees will review and approve, as appropriate, funds to be allocated for total compensation, which would include base salaries, bonus, and all other related expenses, including benefit plans as recommended by the Director of Finance and Operations. The Chairman of the Board of Trustees of EARTH University Foundation is responsible for reviewing recommendations made by the Director of Finance and Operations and will give final approval for the compensation that will be used. The Chairman of the Board of Trustees, in coordination with the President at EARTH, shall approve the pay range and total compensation package for the Executive Director. The Executive Director, in coordination with the Chairman of the Board of Trustees, shall approve the pay range and total compensation package for the Director of Finance and Operations. The Research and Development Operations Manager, along with Director of Finance and Operations, and the Executive Director when he/she is not concerned, is charged with the responsibility of ensuring that the total compensation program is managed for consistency and equity, ensuring individual jobs are market priced at least once every two years and that pay equity adjustments are administered in a fair and equitable manner.”

“EARTH University Foundation makes its governing documents, conflict of interest policy, and financial statements available to the public at the request of any individual/organization who contacts the organization. Portions of the 990 are available to the public on GuideStar, Charity Navigator and through the IRS website.”

“THE FOUNDATION PROVIDED A COMBINATION OF FULL AND PARTIAL SCHOLARSHIPS TO 207 OF THESE STUDENTS, REPRESENTING MORE THAN $5,175,761.08. OF THE 207 STUDENTS, 45 WERE NEW STUDENTS ENROLLED IN 2019 AND EXPECTED TO GRADUATE IN 2022. THE NEWLY ENROLLED STUDENTS BENEFITING FROM THIS FINANCIAL AID COME FROM 15 DIFFERENT COUNTRIES INCLUDING BRAZIL, BOLIVIA, COLOMBIA, COSTA RICA, ECUADOR, GHANA, GUATEMALA, HONDURAS, MALAWI, MEXICO, NIGERIA, PARAGUAY, PERU, RWANDA, AND TANZANIA. Part IV, Question 28C The following is not considered a reportable business transaction; however, it is being presented to insure full transparency. Claire Arnold is a trustee of EARTH University Foundation. She is also the CEO and owner of Leapfrog Services, Inc. Leapfrog Services, Inc provided computer software and network consulting services to EARTH University Foundation in an amount valued at $13,431, as well as was paid for new equipment purchases valued at $13,498. Ms. Arnold was not involved directly in the contract negotiations, nor is she involved with the on-going services provided. The Board of Trustees of EARTH University Foundation approved the execution of this contract in a meeting held in 2006. Ross Arnold is a trustee of EARTH University Foundation and is married to Claire Arnold, CEO and owner of Leapfrog Services Inc.”

“$342,313 IS PRIOR YEAR BAD DEBT Expenses EXCLUDED FROM CONTRIBUTION INCOME.”