Uab Athletics Foundation

“Michael goodrich and mike goodrich ii - family relationship. M. James gorrie and miller gorrie - family relationship.”

“A resolution was passed in february 2024 to appoint new directors, naming executive committee members, and officers. In addition, resolution was passed to restate bylaws by 1) add the chairperson of the athletics committee of the university of alabama as an ex officio uab athletics foundation director and executive committee member, 2) to increase the board from 75 to 100 members, 3) define a quorum to act for the executive committee to be the same as the quorum for the board of directors.”

“Line 7a: the board of trustees has the power to appoint members of the board of directors with approval of the university of alabama board of trustees. Line 7b: all corporate powers of the foundation shall be exercised by or under the authority of, and the business affairs of the foundation, shall be managed under the direction of the board of directors. No action shall be taken by the board of directors unless authorized by the vote of a majority of the community directors and a majority of uab institution directors present at the time of such vote. The presence of at least one-third in number of the community directors in office and at least three (3) of the uab institution directors shall constitute a quorum for the conduct of business.”

“The form 990 is prepared by pwc us tax, llp. The return is reviewed by stephanie mullins (a foundation officer), prior to filing with the irs. Copies of the final version of the form 990 are emailed to the board of directors prior to filing with the irs. In addition, the filed form 990 will be made available at the next scheduled board meeting.”

“The conflict of interest (coi) policy covers all board directors of the foundation's board of directors (board). The coi policy outlines "duty to disclose" procedures which require all board directors to disclose any transaction involving interested persons with potential financial interests to the board prior to the transaction being entered into. Violations of the coi policy will be discussed by the board and the responsible director will be given the opportunity to explain the alleged failure to disclose. If a failure to disclose is confirmed, the board shall take appropriate disciplinary and corrective action.”

“The organization's governing documents, conflict of interest policy and financial statements are available upon request.”

“To promote and encourage a continuing interest in and loyalty to the intercollegiate athletic program at the university of birmingham, birmingham, alabama (hereinafter the "university"); to support the staff of the university's department of athletics in their efforts to coordinate, develop, maintain, and improve a superior intercollegiate athletics program at the university; to promote, encourage and support the construction, improvement and renovation of first class, high quality athletic facilities on the university's campus and elsewhere as the same may be lawfully located; to encourage alumni and friends of the university to generously support the university and its athletic department by gifts, devices and bequests; to organize and promote one or more funds for the use and benefit of the university's athletic department and this foundation; to support, promote, and encourage the education of university students; to provide and contribute to scholarship funding to the university for the university's student-athletes, both men and women, in all of the university's intercollegiate sports; and to conduct any and all appropriate activities, in accordance with the national collegiate athletic association and conference usa policies on institutional control, in order to accomplish the above objects and purposes.”