Cancer Prevention Initiative Inc.

“The Organization did not have any committees with authority to act on behalf of the governing body during 2018. In 2017, the Board formed a Governance Committee. The Committee reports to the Board but does not act without the full Board. The Committee reports on activities at regular Board meetings. Committee recommendations are reflected in and incorporated into Board Meeting Minutes.”

“All members of the Board of Trustees receive a copy of the 990 prior to filing and have an opportunity to ask questions and to provide input into the 990.”

“The Board of Trustees annually reviews the Conflict of Interest policy and each covered person is annually required to sign a statement that discloses all potential conflicts of interests and affirms that such person: 1. Has received a copy of the conflict of interest policy 2. Has read and understands the conflict of interest policy 3. Has agreed to comply with the conflict of interest policy 4. Understands that HeritX, Inc. is a charitable organization and that in order to maintain its federal tax exemption and the trust of the public it must diligently avoid conflicts of interest or the appearance of any conflict and engage primarily in activities that accomplish one or more of its tax-exempt purposes.”

“The salaries of the organization's CEO and General Counsel were based on review of 990s of comparable organizations and a reasonable compensation study with comparability data and benchmarking from an independent consultant. Independent board members review the comparability data and deliberate to decide on the salaries of the CEO and Key Employees. Written minutes of all compensation discussions are recorded and are maintained by the organization. Salary and job responsibilities are reflected in written contracts. Compensation is re-evaluated annually based on current market data.”

“The Organization complies with IRC Section 6104 in regards to public disclosure. As such, our annual information returns, Conflict of Interest Policy, audited financial reports, and governing documents are available for public inspection upon request.”

“The Audit is supervised by the Board Chair, President, Treasurer, and General Counsel. The General Counsel has primary responsibility for coordinating with the auditors and reviewing the audit. The full audit is presented to and reviewed by the entire Board of Trustees. Although the process has not changed from prior years, the Board members supervising the Audit changed in 2018.”