The Guardian Foundation Inc.

“Prior to filing, a draft form 990 is reviewed by senior management. A final draft of form 990 is mailed to the board of directors with an indication of an anticipated filing date. The directors are given the opportunity to raise any issues of concern. These issues are discussed and incorporated in the final form 990 as necessary. The form 990 is filed after board approval.”

“The conflict of interest policy is reviewed with the directors annually. The organization monitors transactions and arrangements that could result in a conflict. If evidence suggests a conflict of interest, the organization performs due diligence procedures and determines, by a majority vote of the governing board, whether or not a conflict exists. Outside advisors may be used.”

“The compensation of officers and key management personnel is reviewed at least annually by the compensation committee of the board. The committee engages an independent compensation consultant experienceed in non-profit compensation issues. The consultant provides the committee a report detailing the compensation ranges for each executive position. The committee, together with senior management, evaluates the performance of the executives of the organization. The committee then makes recommendations to the board of directors as to the appropriate compensation. The board of directors votes to approve the committee's recommendation. Directors whose compensation is being voted on are excused from the discussions and do not vote on their own compensation.”

“The organization does not make its governing documents, conflict of interest policy and financial statements available to the public.”

“The organization's financial statements are audited by an independent accountant. The audit committee assumes responsibility of oversight of the audit and the selection of the independent auditor. There has been no change in this process.”