Columbia Forest Products Foundation Inc

“The officers and directors of the foundation will consist of employees of columbia forest products ("cfp"). Each person will serve as an officer or director of the foundation in his or her individual capacity as a volunteer and not as a representative of cfp. The foundation will not satisfy any legally enforceable obligation or pledge of cfp.”

“The foundation's form 990 is prepared by bernard robinson and company. Upon completion of the form 990, it is reviewed by the foundation, then provided to the board of directors prior to filing.”

“Columbia forest products foundation, inc. Regularly and consistently monitors and enforces compliance with the conflict of interest policy in that any director, principal officer, or member of a committee with board delegated poweers, who has a direct or indirect financial interest, must disclose all the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with board delegated powers considering the proposed transaction or arrangement. The remaining individuals on the board or committee members will decide if a conflict of interest exists. Each director, principal officer, and member of a committee with board delegated powers annually signs a statement which affirms such person has received a copy of the conflicts of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands that the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish its tax-exempt purpose.”

“The governing documents, conflict of interest policy, and financial statements are not available to the public upon request. However, the organization's form 990 provides financial information and addresses issues of governance such as the organization conflict of interest and governance policy.”

“No director or officer of the foundation will receive compensation from the foundation. Cfp will not seek reimbursement from the foundation for any time spent by cfp employees related to the foundation's activities since these individuals serve in their capacity as individuals and volunteers.”

“In certain circumstances, the foundation has opted to provide loans to employees who have emergency assistance needs. These loans carry a nominal interest rate (less than 1 percent.) in some cases the foundation in its discretion may forgive the loan at some future date.”