Fox Cities Chamber Foundation Inc.

“The president and executive vice president of fox cities chamber of commerce and industry, inc. Review the form 990 before the president signs and files the form 990 with the internal revenue service.”

“The board of directors reviews the conflict of interest policy annually and signs a conflict of interest statement annually. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the best interest of the organization, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.”

“The foundation makes copies of its governing documents, conflict of interest policy, and financial statements available upon request.”

“During fiscal year 2014 the organization did not conduct the christa mcauliffe program or the young professionals program. The christa mcauliffe program was a one-week teacher training program to improve the quality of education and thereby the quality of our future workforce. The young professional program was an executive leadership program designed to immerse new c-level employees to the area.”

“During the previous fiscal year, the organization incorrectly classified funds it was holding on behalf of others as a contribution. This resulted in an overstatement of net assets and an understatement of funds held for others as of july 31, 2013.”