The Friends of Barker Inc

“The Corporation has one member, The Barker Adoption Foundation, a District of Columbia nonprofit corporation of a type described in Section 509(a)(1) of the Internal Revenue Code of 1986, as amended.”

“The bylaws set forth the voting and other rights of the member, which includes the right to elect the Board of Directors.”

“The member is entitled to one vote on each matter submitted to a vote of the member.”

“A draft copy of the Form 990 is reviewed by the President. Any changes are communicated to the accountant and are updated. A final copy is approved and signed by the President.”

“Procedures for addressing conflicts of interest - Specific transactions: Where an actual or potential conflict exists between the interests of the agency and an interested party with respect to a specific proposed action or transaction, the Friends of Barker shall refrain from the proposed action or transaction until such time as the proposed action or transaction has been approved by the disinterested members of the Board of Directors of the organization. The following procedures shall apply: 1) An interested party who has an actual or potential conflict of interest with respect to a proposed action or transaction of the corporation shall not participate in any way in, or be present during, the deliberations and decision making of the organization with respect to such action or transaction. The interested party may, upon request, be available to answer questions or provide material factual information about the proposed action or transaction. 2) The disinterested members of the Board of Directors may approve the proposed action or transaction upon finding that it is in the best interests of the corporation. The Board shall consider whether the terms of the proposed transaction are fair and reasonable to the organization and whether it would be possible, with reasonable effort, to find a more advantageous arrangement with an entity that is not an interested party. 3) Approval by the disinterested members of the Board of Directors shall be by vote of a majority of directors in attendance at a meeting at which a quorum is present. An interested party shall not be counted for purposes of determining whether a quorum is present, or for purposes of determining what constitutes a majority vote of directors in attendance. 4) The minutes of the meeting shall reflect that the conflict disclosure was made, the vote taken and, where applicable, the abstention from voting and participation by the interested party. Violations of conflict of interest policy: If the Board of Directors has reason to believe that an interested party has failed to disclose an actual or potential conflict of interest, it shall inform the person of the basis for such a belief and take the appropriate action.”

“The Organization's governing documents, conflicts of interest policy, and financial statements are available to the public upon request.”

“The Barker Adoption Foundation's Finance Committee is responsible for the oversight of the consolidated audit, including the selection of the independent accountant. The process is consistent with previous years.”