Milwaukee Public Library Foundation Inc.

“One of the initial directors was selected by the governing body of the milwaukee public library. Thereafter, the successor to this director is elected by the governing body of the milwaukee public library at its next regular meeting preceding the annual meeting of the organization at which the term of such director expires. Directors who are so selected take office immediately following the annual meeting of the organization. The remaining directors (and the successors to such directors upon the expiration of their respective terms) are elected by an affirmative majority of the directors of the organization. Then in office directors who are so elected take office immediately following the annual meeting of the organization.”

“The prepared form 990 is reviewed and approved by the members of the governing body before the return is filed with the irs.”

“Annually all directors and officers complete and sign a statement that provides information regarding their interests and those of their family members that could give rise to conflicts. The members of the governing body make determinations of whether a conflict exists and review actual conflicts. Any person with a conflict is prohibited from participating in the governing body's deliberations and decisions in the transaction.”

“The performance of the executive director is reviewed annually by the president and the library director with input invited from members of the governing body during a closed session meeting. The members of the governing body determine the executive director's compensation using data on compensation paid by comparable organizations for similar services.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Change in beneficial interest in perpetual trust 117,177.”

“The 990 has been amended to remove unusual grants from schedule a part ii line 1 that was inadvertently included in the originally filed return. In addition, amounts were added to schedule a part ii line 5 for excess contributions. As such, the public support percentage on line 14 was changed.”