Lighthouse Guild International Inc.

“In 2015, the by-laws were amended to add a provision describing term limits for directors. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE FINANCE DEPARTMENT AND REVIEWED BY THE ORGANIZATION'S EXTERNAL AUDITORS. THE FORM IS THEN DISTRIBUTED TO THE FULL BOARD FOR REVIEW AND APPROVAL PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE.”

“The Organizations conflict of interest policy applies to all Officers, Directors and Employees of the organization. A Disclosure Questionnaire concerning Financial Interests and any other Potential Conflicts of Interest and related issues is completed by each Director, Officer, and Employee on an annual basis. Notwithstanding submission of the applicable Questionnaire, each Director, Officer or Employee has a continuing duty to disclose any Potential Conflicts of Interest promptly upon coming into possession of any information concerning a Potential Conflict of Interest or any changes in the information requested in the Questionnaire. Any potential conflict of interest shall be disclosed to the Audit Committee of the Board, or, when the matter is then under consideration by the Board or the Executive Committee, to the Board or Executive Committee, respectively. Neither the Audit or Executive Committee, nor the Board shall generally approve any transaction giving rise to a potential conflict of interest. However, in exceptional circumstances, the Audit Committee, the Executive Committee or the Board may determine that based on a consideration of price, quality, expertise and other relevant factors, there is no transaction that is available or feasible as an alternative to the proposed Transaction and such Transaction is fair and reasonable and in the Organizations best interest. Under such circumstances, the Audit Committee, the Executive Committee, or Board may approve such Transaction (subject, in the case of the Audit Committee, to the approval of the Executive Committee or the Board). Such consideration and action shall be contemporaneously recorded and shall be reflected in the appropriate meeting minutes. A Director, Officer, or Employee with a Potential Conflict of Interest shall not be counted in determining the quorum for, seek to influence, participate in, or be present during any deliberations or vote of the Audit Committee, Executive Committee or the Board regarding the Transaction or potential Transaction giving rise to the Potential Conflict of Interest. Neither the Audit Committee, Executive Committee nor the Board shall approve any Transaction giving rise to a Potential Conflict of Interest by less than a majority vote of committee (or board) members present at the meeting. The disclosure of a Potential Conflict of Interest and the resolution of such Potential Conflict of Interest shall be recorded in the minutes of the meeting of the Audit Committee, or the Executive Committee or Board at which the matter was presented or discussed.”

“The Compensation Committee, comprised of Lighthouse Guild International, Inc. and affiliate board members, retained an independent compensation consultant firm to review the reasonableness and comparability to other organizations of the compensation in 2014 & 2015 of the CEO and other senior executives of the organization. The review included an assessment of compliance with applicable federal and state statutes and regulations, which was reviewed by outside counsel. The report of the consultants was presented at a meeting of the Compensation Committee, at which the consultants and outside counsel were present. The Committee reviewed the report at length together with other relevant information about specific job performance, and determined the appropriate compensation. Minutes of the Committees meeting have been maintained. The Committees recommendations were presented for ratification at the following board meeting at which the recommendations were unanimously approved.”

“The form 990 is available on lighthouse guild's website. A copy of the form 990, governing documents, conflict of interest policy and financial statements are available upon request.”

“A portion of compensation paid by lgi services, llc (ein #46-4232802), a disregarded entity of the jewish guild for the blind d/b/a jewish guild healthcare, has been allocated to lighthouse guild international, inc. And other affiliates. Lighthouse guild international, inc. Employees did not receive any direct compensation from lighthouse guild international, inc. But did receive compensation from lgi services, llc (ein# 46-4232802).”

“The majority of Lighthouse Guild International, Inc.s services are provided with and through affiliates each of which files their own form 990. Lighthouse Guild International, Inc. handles the management, marketing and fundraising for all of these affiliate corporations including The Jewish Guild for the Blind d/b/a Jewish Guild Healthcare, Lighthouse International, GuildNet, Inc., JGB Health Facilities Corporation, JGB Rehabilitation Corporation, JGB Education Services, JGB Mental Health and Mental Retardation Services, Inc., National Association of Parents of Children with Visual Impairments, Inc., and Greater Boston Guild for the Blind, Inc.”

“Reserve on due from affiliates $(5,385,183)”