Cal Ripken Sr Foundation Inc.

“The foundation's board of directors contains an executive committee which is authorized to act on behalf of the board of directors when a meeting of the full board of directors cannot be convened. The executive committee reports to the full board of directors periodically throughout the year and at each of the 3 yearly board meetings.”

“FOUNDING CHAIRWOMAN, VI RIPKEN, AND HER SONS, WILLIAM RIPKEN AND CALVIN RIPKEN, JR., have a family relationship. William Ripken and Calvin Ripken, Jr. also have a business relationship. WILLIAM RIPKEN AND CALVIN RIPKEN, JR. HAVE WORKED WITH LONNIE RITZER, ESQ (BOARD MEMBER) ON PROJECTS RELATED TO WILLIAM'S AND CALVIN'S BUSINESS ENDEAVORS WITH RIPKEN BASEBALL, INC. AND AFFILIATES. Senator Francis X. Kelly, Jr. and Mr. Frank Kelly III have a family relationship and a business relationship.”

“The foundation distributes the form 990 to the board via email prior to its filing. Each member of the board has the opportunity to review the form 990 and submit any comments or questions that they may have.”

“THE FOUNDATION REQUIRES THAT EACH MEMBER OF THE BOARD REVIEW THE FOUNDATION'S CONFLICTS OF INTEREST POLICY ON AN ANNUAL BASIS AND RETURN AN ACKNOWLEDGEMENT OF RECEIPT AND DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. All signed acknowledgments are kept on file by the Foundation's Accounting Department and the information is compared to the vendor files maintained on the Foundation's accounting system and other relevant documentation so that all potential conflicts are properly disclosed. The Foundation determines WHETHER A CONFLICT OF INTEREST EXISTS as follows: After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. The foundation uses the following procedures to address a conflict of interest: At the discretion of the Board of Directors or relevant board committee, an interested person may make a presentation at the board or committee meeting, but after such presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest. After exercising due diligence, and taking into account the best interests of the Foundation, the Board of Directors shall make the determination on how to proceed.”

“COMPENSATION FOR THE President OF THE FOUNDATION IS DETERMINED BY A COMMITTEE OF MEMBERS OF THE BOARD INCLUDING THE CHAIRMAN. THIS COMMITTEE OBTAINS CONFIRMATION OF THE AMOUNT OF COMPENSATION FROM THE FULL BOARD IN EXECUTIVE SESSION. COMPENSATION FOR KEY EMPLOYEES IS DETERMINED USING A PERFORMANCE EVALUATION REVIEW OF EACH EMPLOYEE. THIS REVIEW IS PERFORMED BY THE EMPLOYEE'S DIRECT SUPERVISOR AND IS REVIEWED BY THE PRESIDENT and the chief operating officer PRIOR TO BEING FINALIZED. THE TOTAL AMOUNT OF BUDGETED SALARY EXPENSE IS APPROVED BY THE FULL BOARD AS PART OF THE ANNUAL BUDGET PROCESS. ANY SIGNIFICANT CHANGES TO THE BUDGETED SALARY EXPENSE ARE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS.”

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

“Neither the oversight process nor the selection process for the organization's financial statement audit have changed from the prior year.”

“The Foundation's Federal expenditures for the year ended December 31, 2016 totaled approximately $694,000, which is below the specified threshold of $750,000 used to determine whether an audit under the Uniform Guidance is required. However, the Foundation elected to have an audit performed in accordance with the Uniform Guidance for the year ended December 31, 2016. There were no findings or questioned costs related to this Uniform Guidance audit.”