Lifescape Foundation

“The executive committee shall consist of the chair of the board of directors (who shall act as chair), the vice chair, the immediate past chair, the chief executive officer of lifescape, the secretary, the treasurer, and one (1) other director appointed by the chair. The executive committee shall have the power to transact all regular business of the corporation during the period between the meetings of the board of directors subject to any prior limitation imposed by the board of directors. The executive committee will in conjunction with the lifescape board of directors recommend to the board of directors the engagement of the services of a qualified public accounting firm to audit the financial affairs of the corporation, prepare the 990 report, and make a report concerning the financial position of the corporation to the board of directors annually. The executive committee shall have input into lifescape's chief executive officer's annual performance evaluation.”

“Steve watkins, the ceo of lifescape, has a business relationship with erik nyberg, marli schippers, tyler haahr and jason harris. The business relationship exists because steve watkins was paid by lifescape. Persons listed as having a business relationship with him serve on the board of lifescape. Additionally, steve watkins and steve wilson have a business relationship.”

“The directors shall be nominated by the foundation, but the board of directors of lifescape has responsibility for accepting or rejecting the nominations.”

“The foundation president and the cfo will review the return. A final copy will be shared with the board.”

“Any potential conflict of interest shall be disclosed by the director who is involved; provided, however, that any director may provide notice of a potential conflict of interest to the chair when such director becomes aware of a potential conflict of interest, whether such potential conflict of interest involves that director or not. The board of directors will determine whether or not a conflict of interest exists and the director with the potential conflict of interest shall not participate in this determination. If the board of directors determines that a conflict of interest exists, the director with the conflict shall abstain from voting on any resolution of the board of directors involving the issue or subject matter from which the conflict has arisen and, if appropriate, such director will recuse himself or herself from any discussion of that issue or subject matter.”

“The foundation board is made up of community members and has a designated committee to review and approve the compensation of the president of the foundation. This committee consists of the past chair, current chair, and incoming chair of the volunteer board of directors as well as the president/ceo of lifescape. The committee meets at least once a year to review and evaluate the performance of the president and to set the salary and performance standards for the upcoming year using comparability data from several sources as well as empirical measures of results of the previous year.”

“Governing documents, the conflict of interest policy and the financial statements are not available for public access.”

“Number of employees on w-3: lifescape foundation has its own employees, however, compensation is paid by lifescape, the common paymaster.”

“Lifescape foundation is part of the lifescape obligated group which consists of lifescape, children's care hospital and school d/b/a lifescape, south dakota achieve d/b/a lifescape, and lifescape foundation. The foundation was not allocated any share of the bond issue, and thus does not have an amount on line 20.”

“Change in split interest agreements 320,737.”