Calvin Community Foundation

“The preparer of form 990 will provide a copy of the organizations final form 990 to the ceo and the cfo. Working with the preparer the cfo will thoroughly review form 990 along with the required schedules. Once that review has been completed the ceo, cfo, and finance committee will conduct a review of form 990. Once the finance committee has reviewed the form 990 a copy of the organization's final form 990 including required schedules, as ultimately filed with the irs, will be provided to each voting member of the governing body of the organization, whether in paper or electronic form, prior to its filing with the irs.”

“All directors are to disclose to the board any possible conflict of interest at the earliest practical time. Also the director should be absent from discussions of, and abstain from voting on, such matters under consideration by the board of directors or its committees. Any director who is uncertain whether a conflict of interest may exist in any matter may request the board or committee to resolve the question in his or her absence by majority vote. Each director shall complete and sign a disclosure form provided annually by the secretary of the board of directors.”

“The form 990 will be made available upon request at the calvin administration offices.”

“All governing documents, conflict of interest policy, finanical statements and form 990 will be made available to the public upon request at the calvin administration offices.”

“Bank charges: program service expenses 0. Management and general expenses 44. Fundraising expenses 0. Total expenses 44. Reimbursement of expenses to calvin: program service expenses 0. Management and general expenses 49,914. Fundraising expenses 0. Total expenses 49,914. Provision for uncollectible plegdes: program service expenses 0. Management and general expenses 6,900. Fundraising expenses 0. Total expenses 6,900.”

“Unrealized loss reflected as investment income on fs -1,613.”

“The oversight of the audit is the responsibility of the finance committee of the board of directors of calvin community (related organization). The calvin community board of directors' finance committee oversees the selection of an independent auditor and assumes the responsibility of the audit of the financial statements. This process has remained unchanged from the prior year.”