Volcker Alliance Inc.

“The alliance utilized the services of a professional executive search firm to locate the current president. Salary benchmarking was performed by the executive search firm, but the final determination as to the president's total compensation package (inclusive of salary and benefits) was determined and approved by the compensation committee in agreement with the board of directors. The terms of the president's compensation package were memorialized in a written employment contract upon hiring. There was no formal review of the president's compensation for the 2014 year, as it was covered in her original contract.”

“PAUL VOLCKER AND ANTHONY DOWD - Business relationship”

“The form 990 was prepared by a national accounting firm in conjunction with the organization's financial department. A copy of the draft form 990 was circulated to each member of the board of directors for discussion and comment. Each director was provided an opportunity to comment on the information contained in the 990 prior to its filing with the internal revenue service.”

“This conflicts of interest policy requires all board of directors members, officers and key employees to annually disclose any potential conflicts of interest with the organization through a questionnaire. These questionnaires are monitored annually and any potential conflicts are immediately addressed by the organization. The current year questionnaires have not revealed any conflicts that required action by the alliance.”

“The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but if requested, will be provided at management's discretion.”

“PROGRAM CONSULTANTS - Total Expense: 132075, Program Service Expense: 132075, Management and General Expenses: , Fundraising Expenses: ; COMMUNICATIONS & PUBLIC RELATIONS - Total Expense: 79497, Program Service Expense: , Management and General Expenses: 79497, Fundraising Expenses: ; HUMAN RESOURCES - Total Expense: 770, Program Service Expense: , Management and General Expenses: 770, Fundraising Expenses: ; OTHER PROFESSIONAL SERVICES - Total Expense: 3052, Program Service Expense: 3052, Management and General Expenses: , Fundraising Expenses: ;”