Cornerstone Inc

“The organization adopted a plan of dissolution during the current year.”

“Management of cornerstone determined that board approval was already embodied in the dissolution regulations.”

“Each member of the board of directors shall sign a statement stating that he or she understands the conflicts policy and shall adhere to it for the duration of his or her term. Such statements shall be kept on file in cornerstone's office.”

“It is the policy of the board of directors of cornerstone that the compensation of its president is reviewed and approved by the chairperson of the board, in consultation with other members of the board of directors, including its executive committee, at her/his discretion. Cornerstone's chairperson is responsible for providing a written or verbal evaluation to the president on an annual basis. The president shall ensure that there is a written memorandum memorializing any changes in compensation on an annual basis. With the exception of cornerstone's assistant secretary, who also serves as cornerstone's program manager, and its president, no other members of the board of directors receives compensation for their services. Upon request, board members receive reimbursement of reasonable expenses, primarily for transportation expenses in connection with board meetings and related activities. It is the responsibility of the president to make all decisions with respect to compensation for other cornerstone employees. The president can seek advice of the board but is not required to do so. Cornerstone employees do not accrue vacation or sick days as deferred compensation.”

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