Appleton Education Foundation Inc.

“The board of directors consist of two classes: appointed directors and elected directors. The number of appointed directors shall at all times be at least one more than the number of elected directors. The appointed directors are appointed by the board of directors of the community foundation for the fox valley region, inc. Or duly-authorized committee of the community foundation. The community foundation is the supported organization of the appleton education foundation, inc.”

“The organization does not have any committees with authority to act on behalf of the governing body.”

“Both the executive director and the treasurer will review for reasonableness and approve for filing the form 990 on an annual basis. The entire board of directors will be provided with a copy of the form 990 annually before the form 990 is filed with the internal revenue service.”

“Annually, board members, committee members, and certain staff are asked to complete the conflict of interest disclosure document. If a conflict of interest arises during the term of office or employment, the responsiblity of declaring the conflict, with full disclosure of pertinent facts rests with the individual.”

“The process for determining the executive director's compensation shall generally include the following: -gather relevant compensation survey information -president of the board of directors shall initate a review and evaluation of the executive director's performance, with input from the executive committee memebers and/or other members of the foundation's board of directors or other stakeholders. -president of the board of directors develops a performance evaluation report and compensation recommendation for approval by the executive committee. -executive committee reviews the compensation recommendation and forwards the same to the board of directors with the executive committee's actions thereon. -president of the board of directors informs the executive director of the executive director's compensation as approved by the board of directors. -the foundation contracts its staff with the community foundation for the fox valley, inc.”

“The following documents may be obtained by contacting: executive director appleton education foundation 122 e. College avenue, suite 1-b appleton, wi 54911 (920)832-1517 -application for recognition of exemption under section 501(c)(3)(form 1023) -irs determination letter -articles and by-laws -conflict of interest policy the community foundation for the fox valley region inc. (supported organization) publishes its consolidated audited financial statements and annual report, which includes the appleton education foundation, inc., on its website at www.cffoxvalley.org.”

“Appleton education foundation leases all of its employees from the community foundation for the fox valley region, inc. Payroll and benefits are handled administratively through the community foundation and billed back to the appleton education foundation for the actual wages and benefits paid.”