Better Ponca Foundation Inc.

“The organization allows for lifetime volunteer members and these members elect the 7-member board of directors at the annual meeting of members. There are no benefits derived from membership. Membership cost of $100.00 for a business, organization or individual and $150.00 for a joint husband/wife membership. These are one time membership fees.”

“All 7 directors are elected by the membership at the organizations annual meeting in odd numbered years. Directors are elected to serve a two-year term.”

“Changes to the corporation's Articles of Incorporation or its operating by-laws require a vote of the membership. Any significant change to the purposes or operation of the corporation would also require approval by the members.”

“The Form 990 and schedules are honestly so complicated that none of our directors would have the knowledge or background let alone the patience or understanding this filing. The complexity of this return for a small community effort to simply try to make our community better is mind boggling. As financial officer, I prepare the annual report of income and expenses and balance all accounts which takes at least 35-40 hours. The Treasurer reviews the accounts, annual financial report and the 990 return. I greatly regret we cannot afford professional software, bookkeeping or 990 preparation. The 990 and schedules are made available to members at our annual meeting and to the Generla Public upon request.”

“We have no paid officers, directors or employees. Everyone involved in any way is a volunteer.”

“The financial records, annual report and Form 990 with Schedules are made available to directors prior to filing the 990, made available to members at the annual meeting, and made available to the general public upon request.”

“Everything we have from financial records, invoices, by-laws, annual meeting minutes are available to anyone on request. Our members, guests and others are made aware of this each year at our annual meeting.”

“Other program services: Other programs included three small grants to support of three community organzations and one distribution to support the rural historic Silver Ridge Cemetery.”

“We are all unpaid volunteers. We have no office or website. All directors and officers can be reached via the mailing address shown on this return. Any communication is then gotten to the appropriate addressed officer or director.”

“Our accounts and endowed funds are held as various regular deposits at our local bank. We consider our endowed funds to be "Other Assets" as they are not marketable investments and do not have fluctuating values.”