Sior Foundation

“The executive committee shall consist of the president, president-elect, first vice president, treasurer, the immediate past president, and the chairs of the remaining standing committees. The executive committee shall be chaired by the president and shall perform the day-to-day management of the corporation and shall formulate policy to propose for action to the board of trustees.”

“Peter o. Hanson and william hanson have family relations. David b. Hagan, barbara johnson, j. Peter whatmore, and richard sleasman work for the same company. Daniel j. Doherty, h. Allen gump, christopher kirk, lynn e. Reich, and terry e. Smith, michael falk work for the same company. David l. Schiller, aaron barnard, and michael ohmes work for the same company. Chris garcia and jesse laikin work for the same company. Garry bobke, robert staniforth, peter hanson and william hanson work for the same company.”

“Past presidents of the foundation shall remain full voting members of the board of trustees, ex officio, as long as they maintain an active membership in the society of industrial and office realtors and 1) actively participate in foundation fundraising endeavors, to include the annual phonathon 2) attend, at minimum, 1 semi-annual board of trustees meeting per year 3) actively participate in chosen committee activities 4) maintain annual giving level as stipulated in the trustees commitment agreement 5) agree in writing, annually, to maintain their membership on the board of trustees. Past presidents who do not meet these criteria are encouraged to remain on the board of trustees but are not eligible to vote on board or committee motions. These members shall be called past president emeritus.”

“Management reviews and distributes the draft form 990 and supporting schedules to the executive committee for review, comment, and corrections. The final draft will be distributed to the foundation board of trustees for review and comment up to one week prior to filing with the irs.”

“The foundation adopted a document retention and destruction policy, a whistleblower policy, a code of conduct, and a conflict-of-interest policy. These are presented and reviewed semi-annually at board meetings. All trustees and officers receive annually a conflict of interest/statement of disclosure and conflict of interest questionnaire that all are required to complete and submit to the sior foundation office. The disclosures are kept on file and used to make required disclosures on the form 990.”

“The filing organization relied on a related organization for the purposes of determining compensation. The related organization used the following practices to establish compensation of the ceo/executive director: executive committee (in lieu of a compensation committee), written employment contract, compensation survey or study, and approval by board or executive committee. The process recently took place in 2021.”

“The foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The ukrainian scholarship fund was established to specifically support ukrainian students in commercial real estate.”