The Tabitha Foundation

“The Executive Committee consists of the following: the Chair of the Board, the Vice-Chair of the Board and one other Board member appointed by the Board Chair. The Executive Committee, during the interim between regular and special meetings of the Board, has the authority to do all things necessary for the conduct of corporate affairs, except as prohibited by law (NEB. REV. STAT. 21-1920, as amended from time to time), and except as otherwise directed by the Board of Directors. Such authority shall, unless otherwise directed by the Board, include, but not be limited to, removal or suspension of officers with advice of counsel, emergency budget changes or other acts the Executive Committee determines, with advice of counsel, to be inadvisable to wait for a special or regular meeting of the Board. Committees are currently prohibited by law from authorizing distributions; approving the dissolution, merger or the sale, pledge, or transfer of all or substantially all of the Corporation's assets; electing, appoint or removing directors or filling vacancies on the Board or a committee; and adopting, amending or repealing the articles or bylaws.”

“The officers and Board of Directors have a business relationship with each other.”

“The sole member of The Tabitha Foundation is Tabitha, Inc.”

“The Chair of the Board of Tabitha, Inc., the sole member, is an ex-officio member of the Board of Directors with voice and vote. The remaining members of the Board of Directors are elected by Tabitha, Inc.”

“The Form 990 is provided to the Board of Directors before filing with the IRS. The President & CEO and CFO review the Form 990.”

“Each officer, director and committee member shall file annually with the Secretary/Treasurer a conflict of interest statement and disclosure statement in a form adopted by the Board, which statement shall become a part of the records of the Corporation. The statement affirms each person a) has received a copy of the conflict of interest policy; b) has read and understands the policy; c) has agreed to comply with the policy; d) understands the Organization is charitable and must engage primarily in activities which accomplish one of more of its tax-exempt purposes to maintain its federal tax exemption. Each person who files shall notify the Secretary/Treasurer of any pertinent changes in the statement during the course of the year. In the event a question comes before the Board or a standing or special committee in which a director or committee member has a recorded or unrecorded conflict, the director or committee member shall state the existence and nature of the conflict for the record and shall refrain from voting.”

“The President & CEO and CFO are compensated by Tabitha, Inc., a related organization that is the sole member of The Tabitha Foundation. Tabitha, Inc. has processes in place to review compensation.”

“The Foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The officers are compensated by Tabitha, Inc., a related entity. Compensation is not shown on Part VII this year due to filing a short year Form 990.”

“No calendar year ends during the fiscal year due to the short year filing. As a result, no W-2s or 1099s are reported.”