Disabled American Veterans (Dav) Charitable Service Trust

“Following completion of Form 990 by the Trust's tax preparer, the administrator and accountants review the return. Upon acceptance, the administrator mails a paper copy (or for those with e-mail an electronic version) of the final return to all officers and members of the Board of Directors for their review and questions. Subsequently the return is filed with the IRS.”

“The Conflict of Interest Policy applies to all applications for financial aid and assistance, all staffing matters, and all other actions by any Officer or the Board of Directors of the Trust and applies to all activities in which the Trust is currently engaged or in any way may be engaged at any time in the future. The Policy provides that a conflict of interest may exist when the interests or concerns of any member of the Board of Directors, an Officer, any member of the staff serving the Trust, or said person's immediate family, or any party, group or organization to which said person has allegiance, may be seen as competing with the interests or concerns of the Trust. When a conflict is disclosed and is relevant to a matter requiring action by the Board of Directors, the interested party must call the conflict to the attention of the Board and shall not vote on the matter. In face-to-face meetings, any person having a conflict will retire from the room and shall not participate in final deliberations or decision regarding the matter under consideration. The person will provide the Board of Directors with any and all relevant information. The Officers and Board of Directors review the Policy no less than annually to determine need for revision. A copy of the Policy is provided to each Officer, member of the Board of Directors and each staff member serving the Trust or who may become associated with it at the time of their association. The Policy is reviewed no less than annually for the information and guidance of all such persons. Any new Officer, member of the Board of Directors, and new staff member is advised of the Policy upon undertaking the duties of their position. Each person annually signs a statement affirming: receipt of a copy of the Policy; his/her understanding of the Policy; agreement to comply with the Policy; and verification that he/she has disclosed any potential conflicts of interest.”

“In accordance with the organization's Bylaws, there is no compensation paid to officers or directors. In 2013 the Board of Directors reaffirmed its policy that authorizes reimbursement of expenses incurred by directors and officers whose duties require their attendance at Board of Directors meetings or such other events where they serve as representatives of or travel on business for the Trust. This method of reimbursement is the only form of 'compensation' paid. The Trust does not employ any personnel. The Disabled American Veterans (DAV) provides the services of an Administrator on a part-time basis to the Trust. The Trust reimbursed the DAV $20,841 in 2013 for those services.”

“Governing documents and the conflict of interest policy are available upon request. The annual report and most recent Form 990 are accessible from the Trust's website, www.cst.dav.org, and also upon request or for public inspection at the Trust's administrative office, 3725 Alexandria Pike, Cold Spring, KY 41076.”

“The Disabled American Veterans (DAV) Charitable Service Trust is dedicated to one single purpose: empowering veterans to lead high-quality lives with respect and dignity. In an effort to fulfill that purpose throughout the nation, the Trust awards grant funds to nonprofit organizations with programs or services that benefit service members of every era. The Trust generally supports initiatives that provide the following: * food, shelter, and other necessary items for homeless or at-risk veterans; * mobility items or assistance specific to veterans with blindness or vision loss; hearing loss; or amputations; * qualified therapeutic activities for veterans and/or their families; and * physical or psychological rehabilitation projects; and * other forms of direct assistance as appropriate Though the specific needs of veterans from each era may vary, the Trust has supported veterans suffering from post-traumatic stress disorder, traumatic brain injuries, substance abuse issues, amputations, spinal cord injuries, and other physical or mental afflictions. Grant funds have allowed for veterans to secure meaningful employment, healthcare, housing, food, education, camaraderie, and overall support for the many challenges that service members face upon returning from combat. Through financial assistance grants, the Trust enables organizations to sustain quality programming to millions of veterans and dependents each year.”

“Difference in Accounting for Charitable Gift Annuities -266,327. Uncollectible Pledges -447,638. Returned Grants 30,716.”