Lansing Kansas Scholarship Fund Inc

“Members are anyone whom has contributed support to the organization of more than five thousand dollars($ 5,000) in years prior to ending 2021 fiscal year or seven thousand dollars, or more ($ 7,000), after the fiscal year 2021.”

“Any member of the Organization may put forth any qualified member for election yo the board. If elected they will serve a one year term annually.”

“The governing body upon motion and a second, vote on various items that come before the board and the majority vote passes or fails the motion.”

“The governing body takes minutes of all meeting of the organization.”

“Minutes are kept of all committee meetings.”

“The governing body reviews the 990 annually and is given a copy for their review and questions upon completion of the return.”

“All mailing addresses of the officers and directors are as listed in the officer section.”

“The directors annaully turn in a list of all possible conflicts of interest with the organization. This is montered annually and all members leave the meeting room if requested and abstain from voting on issues where there is a potential conflict.”

“The treasurer was approved by the board to be compensated annually $ 5,000 dollars as an independant contractor payment for keeping the books and preparing the tax return. No other officer or director is currently compensated.”

“The only compensation approved by the board is for the treasurer. That is $ 5,000 (dollars ) annually as a contracted fee where he is resonsible for the 990 return. No other compensation is paid to any officers or directors.”

“The governing documents are available upon request at the corporations next meeting after the request.”

“The board of the corporation has the power to appoint and elect officers and directors.”

“Their has been no change in accounting method.”