UW-Madison Supporting Organization Inc

“The form 990 is prepared by an independent certified public accounting firm in coordination with the university of wisconsin foundatoin finance department. Once a draft of the form 990 is received from the independent certified public accounting firm, a line by line review of the return is completed by the director of financial reporting of the university of wisconsin foundation who is a certified public accountant. Upon completion of this review, the return is reviewed by the chief financial officer of the university of wisconsin foundation. Any questions or issues are addressed and resolved by the director of financial reporting and chief financial officer. The certified public accounting firm makes any necessary adjustments and forwards a revised return to the director of financial reporting. The review process is then repeated until all issues are resolved. Upon receipt of a final draft, the return is reviewed by the president of the university of wisconsin foundation prior to signature and filing. Prior to filing, the form 990 is provided electronically or in paper form to all board members for review. Issues or questions from board members regarding the tax return are resolved prior to filing the return and incorporated into the return if required. In the event there are changes, a revised final version is sent to all board members with detailed descriptions of changes.”

“All but one of the officers, directors, key employees, and employees of uw-madison supporting organization, inc. Are covered under the university of wisconsin foundation's conflict of interest policy. The remaining director is covered under the university of wisconsin's conflict of interest policy. Officers, directors, key employees, and employees are to disclose interests that may lead to a conflict. Officers, directors and key employees complete and sign a conflict of interest questionnaire annually.”

“Amounts shown as compensation on form 990 part vii and schedule j are not paid by uw-madison supporting organization, inc. The amounts shown are amounts paid to officers and directors by related organizations which have processes in place to determine compensation of top management.”

“Uw-madison supporting organization, inc. Documents are available upon request.”