Agape Foundation Charitable Trust

“Based upon the trust agreement and bylaws, the independent managing trustees always have a majority vote, regardless of the number of trustees. This rule of governance applies to all trustee votes, including all executive committee and other committee votes. The organization's bylaws provide 7 votes to the independent managing trustees and 6 votes to other trustees, including major contributors and related parties. The independent managing trustee positions are restricted to those holding officer, director, trustee or leadership positions in charities among this organizations's supported class. During the year, the independent trustees held officer, director or leadership positions in the heritage academy and young life as well as positions in other organizations within agape foundation's supported class. Grants are approved by the executive committee under grant guidelines approved by, and frequently reviewed by, the full board of trustees. Two-thirds of the executive committee are independent managing trustees.”

“John b. Mumford, chairman/president, is the father of trustees stacie mumford, jennifer hodge, jd mumford, & jacky johnston, who are siblings. John b. Mumford, chairman, & dena wren mumford, trustee, are spouses. Kenneth a. Eldred, trustee & roberta e. Eldred, trustee, are spouses. David a. Seeba, trustee owns a cpa firm which provided tax & consulting services to the foundation and to some of the trustees.”

“Prior to filing, the 990 is reviewed by the executive committee. Changes needed to the form 990 are communicated to the tax return preparer for correction. The full board is provided a complete copy of the form 990 at the time it is filed.”

“The organization makes its exemption application (form 1023), trust document & bylaws, and its annual tax forms (form 990) available upon request. Written requests can be made to david seeba, treasurer, at 1825 hamilton avenue, san jose, ca 95125.”