Ablelight Foundation Inc.

“AbleLight Inc elects the AbleLight Foundation directors.”

“As provided in the bylaws, during the relevant tax year changes to the bylaws could not be made without the concurrent approval of the Board of Directors of AbleLight Inc.”

“The Form 990 was prepared by staff and reviewed and approved by the Chief Financial Officer. The Form 990 was then presented to the Board of Directors for review.”

“Annually each November, every director is required to assess the potential for any conflicts of interest and sign a form that discloses whether the director has any potential conflicts of interest The organization's Compliance and Risk Management Team audits whether every director has submitted a signed conflicts of interest disclosure form, and ensures that this is done annually for each director.”

“For ablelight inc, the board of directors executive committee serves as a compensation committee with the duty to review and make findings as to the reasonableness of (i) the compensation paid and benefits provided to the president and chief executive officer, and (ii) the recommendations of the president and chief executive officer for the compensation ranges and benefit levels for the executive vice president, the cfo, the coo and all other persons whom it determines to be in a position to exercise substantial influence over the affairs of the corporation within the meaning of section 4958 of the internal revenue code ("disqualified persons"). In doing so it (1) identifies all disqualified persons; (2) periodically (at least in every odd-number year) reviews and determines the reasonableness of the compensation and benefit levels of the president and chief executive officer; (3) periodically (at least in every odd-number year) reviews and determines the reasonableness of the recommendations of the president and chief executive officer for the compensation ranges and benefit levels of other disqualified persons; (4) considers all incentives, perquisites, deferred compensation and anything of value when considering the reasonableness of compensation or benefit levels; (5) obtains from sources outside the corporation objective, market comparable compensation and benefit level data; (6) documents its considerations and determinations in written reports; and (7) at least annually report its activities and ablelight inc 39-0806446 findings to the board of directors.”

“The Corporation's governing documents including conflicts of interest policy, 990 tax returns and current audited financial statements are available on the organization's public website (http://AbleLight.org) and to the public upon request.”

“The stated purpose of AbleLight Foundation Inc. per article VIII, Section 1 of its Articles of Incorporation is "to solicit, hold, manage, invest and expend endowment funds and other gifts, grants and bequests, whether consisting of real or personal property, and whether subject to directions or conditions imposed by donors, exclusively for the maintenance and benefit of AbleLight Inc. of Watertown, Wisconsin and such of its charitable, religious or educational programs or activities as the board of directors of this corporation from time to time deem to be suitable and appropriate." The AbleLight Foundation is proud to have been able to support AbleLight in accomplishing the following goals in the year ending August 31, 2022: AbleLight provides high quality, innovative services for nearly 800 people with intellectual and developmental disabilities across 11 states. These services are intended to meet the needs of the whole person and promote their ability to live as independently as possible. AbleLight provides safe and loving homes, including traditional group homes, with care provided by direct support professionals 24 hours a day, some who have been nationally recognized by ANCOR for their dedication. AbleLight is growing its host home/family living home operations, which match a family with a person who has a disability and the provider supports their daily living needs by residing together. Shared living support is another option offered by AbleLight to provide needed supports for those with disabilities who are able to live more independently on their own. AbleLight Village is a Christian residential community located in Victoria, Minnesota that features a mixed community of seniors and adults with disabilities who live in their own apartments and share common activities and fellowship. Other services offered by AbleLight include employment services that prepare people with disabilities to attain and hold a meaningful job. These services take many forms, including coaching by AbleLight staff and community partnerships. In collaboration with Concordia University Wisconsin, and Concordia University- Ann Arbor, AbleLight offers a two-year program, AbleLight College, that offers life, employment and learning skills. For families struggling with a loved one's behavioral challenges, AbleLight offers therapists through its behavioral supports program to provide expertise and solutions. AbleLight also provides devotional resources for people of all faiths and disability awareness materials. AbleLight relies on an active corps of volunteers, including the members of the AbleLight Auxiliary, to extend its reach. AbleLight operates 11 thrift shops in six states that generate revenue to help support people with disabilities. The stores, staffed by employees, people with developmental disabilities, and volunteers, provide affordable shopping options to families and employment opportunities for people of all abilities.”

“G S Fund Settlement Fee-Annual”

“Market Adjustment on Investments-Unrestricted -$13,794,227 * Actuarial Change in Split Interest Agreements-Unrestricted -$831,748 * Transfer of Assets from AbleLight Inc $9,341,059. Total -$5,284,916.”