Sparrow Education Foundation Inc.

“The form 990 is provided to the governing body for review and consideration prior to filing. The governing body agreed that the form 990 is prepared correctly to the best of their knowledge and approved submission to the internal revenue service.”

“Any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest is an interested person. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide of a conflict of interest exists. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to discose an actual or possible conflict of intrest, it shall take appropriate disciplinary and corrective action.”

“Governing documents, conflict of interest policy, and financial statements are maintained at the organization's place of operation, and available upon request.”