Cleats for Kids Foundation

“Mark mcdaniel board member spouse of president”

“Form 990 is presented to the finance committee and upon their approval the committee chair then distributes the form 990 to the board for their approval.”

“The officers, directors or trustees are provide a copy of the conflicts of interest policy annually at the board of directors meeting in january. Each person provideds a signed conflicts of interest disclosure statement which is reviewed by the president and chairman of the board. If any conflict is disclosed, this is brought before the governance committee for review and action if needed. If any conflict of interest is either disclosed or discovered during the course of the year, it is brought to the attention of the governance committee for review and action if needed.”

“All compensation is approved in advance by disinterested members of the board who do not have a conflict of interest with respect to the compensation. The board obtains and relies upon objective data, such as current compensation surveys compiled by independent firms, compensation levels paid by by similarly situated organizations for functionally comparable positions or written offers from similar institutions competing for the services of the person under consideration, before voting to approve compensation. The board then documents the basis for its determination concurrently with making that determination (within 60 days of the decision or the date of the next meeting of the board, whichever is later) in its meeting minutes which include: (a) the terms of the compensation and the date it was approved; (b) the members of the board who were present during the debate on the compensation that was approved and those who voted on it; (c) the comparability data obtained and relied upon and how the data were obtained; and (d) any actions taken with respect to consideration of the compensation transaction by anyone who is a member of the board but who had a conflict of interest with respect to the decision on the compensation.”

“These forms are available upon request and are also kept available at the foundation office.”

“The above documents are maintained at the foundation office and are available upon request.”

“Cleats for kids collects, recycles and distributes sports shoes and equipment for kids in need. Cleats for kids makes in-kind contributions to assist in creating opportunities for oklahoma youth to participate in sports and other physical activity programs. Cleats for kids engages kids to give back to other kids.”