Waterford Foundation Inc

“Membership is open to any person who supports the purpose of the waterford foundation, as set forth in the articles of incorporation, and who pays the annual dues. Annual dues may be waived for lifetime members; these annual dues waivers for "lifetime members" shall be respected by subsequent board of directors.”

“The annual meeting of the members is held on the third tuesday of april each year. The annual meeting is held for the purpose of electing directors, electing a nominating committee, and for the transaction of other businesses described in the agenda for the meeting, which is mailed with the notice of the meeting.”

“The return has been reviewed by the finance committee and the board of directors prior to filing.”

“The bylaws of the foundation specifically address conflicts of interests. The bylaws state, any member of the board who has a financial or personal gain interest in any matter involving the foundation, or any member of the board whose spouse has such an interest, shall disclose the nature of this interest to the board of directors in writing as promptly as possible. While there is no requirement for annual disclosure of interests that could give rise to conflicts, directors are provided a complete copy of the bylaws upon election to the board, and conflicts of interest, or potential for conflict, are specifically addressed in the orientation for newly elected directors. In addition, all directors are proivded complete new copies of the bylaws when amendments are approved.”

“The performance of the executive director is reviewed annually by the board of directors and compensation is approved by the full board. No other officers receive compensation.”

“Copies of the governing documents and conflict of interest policy are available upon request.”