Immanuel Community Vision Foundation

“Eric n. Gurley is the president and ceo of immanuel, a related organization of immanuel community vision foundation. All compensated board members, officers, and other employees are employees of immanuel.”

“On march 5, 2015 the articles of incorporation were amended to change the following: 1. Article vii (board of directors): the articles were restated to reduce the minimum number of board of directors from nine (9) voting directors to seven (7) voting directors. On march 5, 2015 the bylaws were amended to make the following changes: 1. Number, tenure and qualifications of directors: - reduced the minimum number of board of directors from nine (9) voting directors to seven (7) voting directors. Until changed by action of the sole member, the board of directors shall consist of seven (7) voting directors, who shall be appointed by the sole member, instead of the previously stated seventeen (17) directors. - the following wording was included to define the terms of service: "each voting director who is also a member of the board of directors of a supported organization or immanuel (affiliated director) shall have a term of service on the board of directors coterminous with his or her term on the board of directors of the supported organization or immanuel, unless the sole member makes a substition." - clarified that the person serving as vice chairperson of the supported organizations shall serve ex officio with vote on the immanuel community vision foundation's board instead of the chairperson of the supported organizations, as originally stated. - removed the designation of the chief executive officer of the corporation as an ex officio nonvoting director. 2. Meetings of the board of directors "manner of acting": - added the following wording: "a two-thirds (2/3) vote is required to approve a grant by the corporation." 3. Officers: - removed the chairperson from the elected officer list and added the following wording: "the chairperson shall be the person then serving as the vice chairperson of the sole member, who shall serve ex officio with vote. - removed the paragraph giving the board the power to remove the chairperson with a two-thirds (2/3) vote.”

“Immanuel community vision foundation has one member, immanuel.”

“Immanuel, the sole member of immanuel community vision foundation, has the right to elect and remove directors.”

“Immanuel, immanuel community vision foundation's sole member, must approve any amendment and initiate or adopt amendments to the articles or bylaws of immanuel community vision foundation.”

“The form 990 is prepared by an accounting firm with the assistance of the controller, and is then reviewed by the cfo and the controller. Copies of the reviewed return are provided to the board members prior to filing with the irs.”

“Immanuel community vision foundation uses the same policy as immanuel, a related organization. The policy states that the board of directors must sign the conflict of interest policy and disclose all conflicts. The governance committee shall decide what actions need to be taken concerning any conflicts. Board members are prohibited from voting on any business related to any conflict the governance committee has identified.”

“Immanuel community vision foundation does not have a ceo, executive director or top management official or any key employees that the organization directly compensates. The organization will reimburse immanuel, a related organization, for portions of the salaries of immanuel employees who provide needed services in the future. Therefore, it is not necessary to have a process to determine compensation for these positions.”

“Immanuel community vision foundation does not make its governing documents, conflict of interest policy, or financial statements available to the public.”

“All compensation and benefits shown for directors are paid by immanuel, a related organization, for services performed for immanuel, immanuel community vision foundation, or other related entities. The compensation is not paid for services in connection with the position of director for immanuel community vision foundation.”

“Consulting services: program service expenses 42,298. Management and general expenses 0. Fundraising expenses 0. Total expenses 42,298.”

“The board of directors of immanuel community vision foundation assumes the responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed from the prior year.”