Arizona Golf Community Foundation

“The foundation determined that it was in its best interests to delegate the day-to-day operation of the papago golf course to a professional service provider with extensive experience in, and focus on, managing similar types of operations. Accordingly, the foundation entered into a written agreement with ob sports, effective july 18, 2014 (the "ob sports agreement"), for its provision of certain golf course management services. The purpose of the delegation of these management services by the foundation is to maintain high-quality and broad public access to the papago golf course while being more economically sustainable in the long term, allowing the foundation to best accomplish and further its charitable, educational, and scientific purposes and the interests of the people of the city of phoenix and the state of arizona.”

“At all times the board of directors shall consist of at least one (1) representative designated by arizona state university (the "asu director") and the director of the city of phoenix parks and recreation department, ex officio (the "city director").”

“The foundation currently has no committees”

“Joanne wamsley, vice president for finance and deputy treasurer for arizona state university, will review the draft return. After the initial review, a draft copy of the tax return will be sent to the board of directors prior to filing the return.”

“Officers, directors, committee members, advisors, and employees must be aware of and identify circumstances under which the foundation's actions might affect them or their relatives. They must disclose situations in which potential or actual conflicts of interest might affect them or their relatives and the board will determine the proper course of action.”

“Copies of forms 1023, form 990, conflict of interest policy and financial statements are available for public inspection upon request at the organization.”

“The foundation currently has no employees.”

“Management fees: program service expenses 0. Management and general expenses 65,858. Fundraising expenses 0. Total expenses 65,858. Electricity: program service expenses 53,285. Management and general expenses 0. Fundraising expenses 0. Total expenses 53,285. Supplies: program service expenses 52,207. Management and general expenses 0. Fundraising expenses 0. Total expenses 52,207. Credit card discounts: program service expenses 44,749. Management and general expenses 0. Fundraising expenses 0. Total expenses 44,749. Fertilizer and chemicals: program service expenses 44,258. Management and general expenses 0. Fundraising expenses 0. Total expenses 44,258. Other: program service expenses 31,805. Management and general expenses 0. Fundraising expenses 0. Total expenses 31,805. Fuel and oil: program service expenses 30,752. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,752. Repairs & maintenance: program service expenses 27,712. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,712. Uniforms: program service expenses 22,668. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,668. Capital lease interest expense: program service expenses 18,506. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,506. Equipment leases: program service expenses 2,330. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,330.”

“Ob sports recommends a short list of audit firms and the foundation board selects the audit firm. Ob sports is responsible for oversight of the audit and review of the financial statements. The foundation board receives and reviews the audit report.”