Kansas City Barbeque Society

“A pdf copy of the form 990 is electronically sent to all board members for review prior to filing.”

“Prior to any discussion and vote on whether a conflict of interest exists, an interested person may make a presentation to the board regarding the interested person's position or financial interest. After such presentation, the interested person will recuse themselves during the discussion of, and the vote on, the proposed transaction. The board will undertake appropriate due diligence and inform themselves of all material information reasonably available to it and explore all reasonable alternatives to the proposed transaction that would not involve the conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest,the board will determine by majority vote of the disinterested directors whether the proposed transaction is 1) in the society's best interest, 2) for the society's own benefit, and 3) fair and reasonable to the society. In conformity with this determination, the board will make its decision as to whether the society may enter into the proposed transaction. All discussions are documented by the board. Each covered person will annually sign a statement that affirms such person has read and understands the polciy; and has agreed to comply with the policy; understands the society is exempt from federal income tax and to maintain its federal tax exemption the society must engage primarily in activities that accomplish one or more of its tax-exempt purposes.”

“The organization's 990 is available for public inspection upon request and through public portals such as guidestar.”