Air Force Academy Athlectic Foundation

“The form 990 will be reviewed by all officers before filing.”

“All officers, directors, committee members and employees of the Air Force Academy Athletic Foundation should maintain the highest level of integrity and objectivity in the performance of their various assignments. To accomplish this level of performance, they should scrupulously avoid any conflict between their own respective individual interests and the interests of the Air Force Academy Athletic Foundation in any and all actions taken by them on behalf of the Foundation in their respective capacities.In the event that any officer, director, committee member or employee of the Foundation shall have any direct or indirect interest in, or relationship with, any individual or organization which proposes to enter into any transaction with the Foundation, including, but not summated to, transactions involving the following: 1. The sale, purchase, lease or rental of any property or other assets; 2. Employment, rendition or services, personal or otherwise; 3. The award of any grant, contract or subcontract; or 4. The investment or deposit of any funds of the Foundation.Such officer, director or committee member shall give the Board of Directors notice of such interest or relationship and shall thereafter refrain from voting or otherwise attempting to exert any influence on the Foundation, its Board of Directors or its committees, to affect its decision to participate or not participate in such transaction.Any director or committee member having a conflict or interest on any matter involving the Foundation shall not be counted in determining the quorum for the meeting at which the matter is to be acted upon, even where permitted by law. The minutes of the meeting shall reflect that a disclosure was made, the abstention from voting, and the quorum situation.This policy statement shall be called to the attention of the Board of Directors and each committee of the Air Force Academy Athletic Foundation at a regular meeting thereof, not less than once each year, and such action shall be recorded in the minutes of such meeting.Upon request, a copy of this policy statement shall be furnished to any officer, director, committee member or employee who is presently serving the Foundation, or who may hereafter become associated with the Foundation.”

“The 990 is available to the public upon request.”

“Air Force Academy Athletic Foundation was termintated in 2013 and all net assets transferred.”

“Bank Service Charge - $15Bowl Expenses $107,810Equip Rental and Maint $655Software expenses $7,250Equipment $96,564Postage, Mailing Service $72Printing and Copying $3,858Supplies $50Operations $55,192Merchant Account Fees $5,749Artwork and Signs $30,698Admin $229”