Baltimore Educational Scholarship Trust Inc.

“Charles Knudsen, a trustee, is the husband of Ellen Knudsen, a part time staff member at B.E.S.T.”

“A copy of the Form 990 is distributed to the finance and audit committee where they review the document. Once the draft is reviewed, edited and approved, the Form 990 is considered complete and the Executive Director signs the final version.”

“All trustees and key employees are required each year to sign the conflict of interest policy. The signed trustee forms are stored at B.E.S.T. in the Trustee's individual files in the executive office. The signed conflict of interest forms for the key employees are stored in the personnel files of the individuals. If a conflict exists, the Executive Director would review with the Board President.”

“Research of salaries for similar positions and similar organizations is reviewed and compared. The Board President and Executive Committee reviewed the salary of the Executive Director. The Executive Director reviewed the salary for the Admissions Director, the Assistant Director of Admissions, the Manager of Finance and Operations, the Director of Development, the Development Associate and the Admissions Associate. The review process for fiscal year 2013 occurred during the first quarter of 2012.”

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

“Eric S. Adler - 1776 Massachusetts Ave NW, Suite 600, Washington, DC 20036. Teri Alexander - 216 Ridgewood Road, Baltimore, MD 21210. Jason S. Bennett - Legg Mason - 100 International Drive, Baltimore, MD 21202. Christopher A. Berrier - 240 Hopkins Lane, Owings Mills, MD 21117. Charles W. Britton - 8600 McDonogh Road, Owings Mills, MD 21117. Andrew M. Brooks - 919 Bellemore Road, Baltimore, MD 21210. Jean W. Brune - 5204 Roland Avenue, Baltimore, MD 21210. Kimberly H. Cashman - 1406 Walnut Hill Lane, Towson, MD 21204. Tiffani S. Collins - 5876 Pimlico Road, Baltimore, MD 21209. W. Boulton Dixon - 509 Whithorn Court, Lutherville, MD 21093. Brian C. Doak - The Murray Group - 307 International Circle, 4th Floor, Hunt Valley, MD 21031. Penny B. Evins - 11232 Falls Road, Brooklandville, MD 21022. Redmond C.S. Finney - Landslide Farm - 15601 Dover Road, Upperco, MD 21155. Michael C. Ford - 20 Buchanan Road, Baltimore, MD 21212. Tracey H. Ford - 11300 Falls Road, Brooklandville, MD 21022. Domonique Foxworth - 3513 Anton Farms Road, Pikeville, MD 21208. Tom Goss - 4801 Tamarind Road, Baltimore, MD 21209. Dr. Parnell P. Hagerman - 500 Glencoe Road/P.O. Box 697, Glencoe, MD 21152. F. Barton Harvey, III - 10227 Wincopin Circle, Columbia, MD 21044. Molly M. Hathaway - 6525 Montrose Avenue, Baltimore, MD 21212. Dr. Cheryl Holcomb-McCoy - JHU, School of Education, 2800 N. Charles St., Baltimore, MD 21218. Andrew Holmgren - 105 Tuscany Road, Baltimore, MD 21210. David Hunter - 901 S. Bond Street, Suite 400, Baltimore, MD 21231. Cheo D. Hurley - 3707 Edgewood Road, Baltimore, MD 21215. Diane Hutchins - 211 E. Lombard Street #178, Baltimore, MD 21202. Grant L. Jacks, III - 529 Overbrook Road, Baltimore, MD 21212. Alex W. Kirby - M&T Bank - 25 S. Charles Street/19th Floor, Baltimore, MD 21231. Charles E. Knudsen, III - T. Rowe Price Associates, Inc. - 100 E. Pratt St, Baltimore, MD 21202. Douglas Lagarde - 201 Water Street, Severna Park, MD 21146. Crystal A. Lee - Garrison Forest School - 300 Garrison Forest Road, Owings Mills, MD 21117. Matthew W. Micciche - 5114 N. Charles Street, Baltimore, MD 21210. G. Peter O'Neill, Jr. - 300 Garrison Forest Road, Owings Mills, MD 21117. Lee S. Owen - P.O. Box 191, Gibson Island, MD 21056. Daniel Paradis - P.O. Box 8200, Brooklandville, MD 21022. Thomas P. Perkins, III - Roland Park Place - 840 East 40th Street, Baltimore, MD 21211. Christopher J. Post - 822 West Lake Avenue, Baltimore, MD 21210. Michael A. Ray - 1 Aston Court, Owings Mills, MD 21117. Thomas J. Reid - 11152 Falls Road/P.O. Box 8100, Brooklandville, MD 21022. Vernon A. Reid, Jr. - 100 E. Pratt Street, 7th Floor, Baltimore, MD 21202. Theo C. Rodgers - A & R Development Corp. - 1040 Park Avenue, Suite 300, Baltimore, MD 21201. Ben Shifrin - 11202 Garrison Forest Road, Owings Mills, MD 21117. Stuart O. Simms - 120 E. Baltimore Street, Suite 1700, Baltimore, MD 21202. Henry P.A. Smyth - 5407 Roland Avenue, Baltimore, MD 21210. Lawrence R. Snyder - 3119 Royston Avenue, Baltimore, MD 21214. Anne Staley - 22 Buchanan Road, Baltimore, MD 21212. Randy S. Stevens - 8400 Greenspring Avenue, Stevenson, MD 21153. Martha H. Sweeney - 3257 Bridle Ridge Lane, Stevenson, MD 21153. John H. Timken - 13827 Lakeside Drive, Clarksville, MD 20129. Maureen E. Walsh - 109 West Melrose Avenue, Baltimore, MD 21210. Michael J. Weinfeld - P.O. Box 251, Clarksville, MD 21022. Marcella Yedid - 534 Hillsmere Drive, Annapolis, MD 21403.”

“Board member Crystal Lee resigned from the board on March 19, 2014. Crystal accepted the position of Director of Advancement for B.E.S.T. for effective start date of July 1, 2014. Amy John ended her role as Executive Director on May 31, 2014. Jessica Suriano went from Director of Development to Executive Director on June 1, 2014.”

“The process has not changed from prior year.”