St. Pauls Family Resources Foundation

“The executive committee consists of three individuals that are elected by the board of directors. These individuals may, but need not be officers of the organization. The executive committee has the authority to exercise all of the powers of the board during intervals between meetings of the board of directors, except that the executive committee may not take action with respect to the disposition of property in the events of dissolution of the organization, the disposition of material assets of the organization, or incurring corporate indebtedness in any amount in excess of ten thousand dollars.”

“The foundation entered into an agreement and plan of merger with st. Paul's family resources effective october 1, 2016.”

“The entire board of directors reviewed the form 990 before filing with the irs.”

“All the members of the board of directors, members of any board committees, and senior management employees that conduct business on behalf of the organization are covered by the conflict of interest policy. The conflict of interest policy requires that all covered individuals disclose at least annually, and periodically as they may arise, any relationship they may have with any person or entity with whom the organization is considering having or has a contract or other transaction. All transactions are reviewed and considered for possible conflicts of interest. When a potential conflict of interest exists, the board of directors or board committee reviews and determines whether or not a conflict of interest of sufficient importance and adversity to the best interest of the organization exists. Individuals determined to have an actual conflict of interest may not participate in the discussion and voting on the issue, except to answer questions or provide relevant information. The minutes of the board or committee meeting document the name of the individual, the nature of the conflict, any action to determine whether a conflict existed, the names of individuals present for discussion and vote, and any alternatives to the proposed transaction or arrangement.”

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