Make-A-Wish Foundation of South Dakota &

“The board of directors, by resolution adopted by a majority of the directors in office, may designate one or more committees/task force, each of which shall consist of two or more directors, which committees, to the extent provided in said resolution, shall have and exercise the authority of the board of directors in the management of the corporation; but the designation of such committees/task force and the delegation thereto of authority shall not operate to relieve the board of directors, or any individual directors, of any responsibility imposed upon it or him by law.”

“The bylaws were amended to reflect the change in board term limits the years of service was moved from the 12 year model with a gap year to the 3-3-3 model, that allows for 9 consecutive years of service.”

“The foundation works closely with an independent public accounting firm engaged to prepare the form 990. The draft form 990 is reviewed and approved by the foundation's president & ceo. The draft is then circulated to key staff and all voting board of directors for their review prior to filing with the irs.”

“The foundation maintains a conflict of interest and ethics statement as provided by the make-a-wish foundation of america for each officer, employee, board member, and volunteer. Such statements must be signed upon date of hire, election or commencement of volunteer service, and at least annually thereafter. The signed statements are then submitted to and reviewed by the director of volunteer services if they are from volunteers, and the president & ceo if they are from staff and board members. Review of the statements is monitored by the president & ceo. The procedures for addressing any conflicts of interest of which the president & ceo becomes aware includes but are not limited to the following (1) determining the nature of the conflict via verbal or written communication with the interested person, (2) fully disclosing conflicting interests to the board, (3) the conflicted person recuses himself/herself from deliberations and decisions regarding the transaction, and (4) taking appropriate actions warranted by the conflict as recommended by the board up to and including termination of service.”

“The president & ceo's compensation was determined by the board of directors, consisting of independent persons. It was reviewed against national benchmarking salary studies, surveys done every few years by the make-a-wish foundation of america, and by local salary surveys conducted by state organizations and by national benchmarking organizations. The board's discussion and decisions were contemporaneously documented. Documentation includes the terms of the transaction and the date it was approved, the members present during deliberations and those who voted on it, and the comparability data relied upon and how it was obtained. The same process listed above is used for other officers and staff members, using the same instruments. Salaries for staff, other than the president & ceo, are decided by the president & ceo in consultation with the employee's immediate supervisor within limits set by the board-approved budget. This process was last performed in fiscal 2024.”

“The organization makes the governing documents, conflict of interest policy, and financial statements available upon request.”

“It is the founding principle of our vision to grant the wish of every eligible child, between the ages of 2 1/2 and 18. For wish kids, just the act of making their wish come true can give them the courage to comply with their medical treatments. With our wish making process, we strive to bring a sense of excitement and hope during extremely difficult times and deliver a joyful life changing experience whether the wish is a princess party, swim with the dolphins, or the countless other possibilities dreamed up by the magical mind of a child. The make-a-wish foundation of south dakota and montana granted 103 life changing wishes in the fiscal year ending august 31, 2024. The total cost of wishes granted for the fiscal year was $3,850,247. Of this amount, $1,768,405 was contributed by various vendors who provided in-kind contributions such as travel and travel services, transportation, lodging, and other services and use of facilities to complete a child's wish. For financial statement purposes, these amounts are included as contribution revenue and granted wish expense. For form 990, however, the irs requires this amount be excluded from both revenue and expense.”

“Change in value of beneficial interest in assets held by others 48,400.”