Kansas University Ophthalmic Foundation

“Classes of members or stockholders: kansas university ophthalmic foundation has members rather than stockholders.”

“Election of members and their rights: the kansas university opthalmic foundation has as its members the faculty of the department of ophthalmology at the university of kansas school of medicine who have met a one year service requirement and who have been approved by a 2/3 vote of the trustees.”

“Decisions subject to approval of members: certain actions and decisions of the board of trustees are subject to approval by a majority vote of the members.”

“Organization's process to review form 990: the form 990 is prepared and reviewed by the organization's outside accounting firm, then sent to the organization's administrator for review. After any changes, the updated return is then sent to the board for review and comment. Once reviewed by the board and all questions and comments have been addressed, the final form 990 is provided to the board prior to filing with the tax authorities.”

“Enforcement of conflicts policy: members review the conflict of interest policy during the first quarter of each calendar year. Any potential conflicts are disclosed and resolved at that time.”

“Governing documents disclosure explanation: the kansas university ophthalmic foundation provides upon written request presented at its office: its original form 1023, latest form 990, conflict of interest policy and latest financial statements within 10 business days of the receipt of such request.”

“Organization ceased doing business.”

“Transferred reserves -67601.”

“The foundation signed an agreement to transfer all of its activities, assets, liabilities and fund balances into a new integrated clinical enterprise. The new enterprise is kansas university physicians (ein 48-1163756) and is a 501 (c)(3) exempt entity. All transfers have been completed and the existing entity was dissolved.”