Cadco Foundation Inc.

“The following directors reported businesses relationships with other directors or key employees. Tessa White - business relationship with former CEO, Matthew Ballard. Adam Krason - business relationship with Mayor Amy Goodwin.”

“Staff of related organization, Capital Area Development Corporation of West Virginia (CADCO), perform all managerial and administrative functions for CADCO Foundation. Directors and officers of CADCO Foundation are also directors and officers of CADCO.”

“CADCO, identified above and on Schedule R, is the sole member of CADCO Foundation.”

“See above.”

“Chair Steven B. Hedrick MATRIC P.O. Box 8396 South Charleston, WV 25303; Vice Chair Greg Elliot (deceased) AMFM, Inc. 240 Capitol St., Ste. 500 Charleston, WV 25301; Secretary Christy Elliott BB&T 300 Summers Street Charleston, WV 25301; Treasurer Jack Rossi Summit Community Bank 2402 Mountaineer Boulevard Charleston, WV 25309;Kenneth Boggs N3 2001 Union Carbide Dr., Ste. 1500 South Charleston, WV 25303;Matthew Bond United Bank 500 Virginia St., E. Charleston, WV 25301;Ellen S. Cappellanti Jackson Kelly PLLC 500 Lee Street, Suite 1600 Charleston, WV 25301;Byard Matt Coleman Pinnacle Supply LLC 117 1st Avenue South Charleston, WV 25303; David P. Ferretti Spilman Thomas & Battle 300 Kanawha Boulevard, East Charleston, WV 25301; Julia Gonzales FJG Enterprises, LLC 711 Bigley Avenue Charleston, WV 25302;Dickinson Gould III Buzz Food Service 4818 Kanawha Boulevard, East Charleston, WV 25306; Allan Hathaway The Purple Onion/WV Marketplace 800 Smith St. Charleston, WV 25301; Eric Hicks Mountain State Realty Services 1599 2nd Avenue Charleston, WV 25387; Adam R. Krason ZMM Architects & Engineers 222 Lee Street, West Charleston, WV 25302; Daniel J. Lauffer Thomas Memorial Hospital 4605 MacCorkle Avenue, SW South Charleston, WV 25309; Chris Morris CityNet 233 Virginia St., E. Charleston, WV 25301;Tim O'Neal Dow, Inc. 437 MacCorkle Ave., SW-Bldg. 307 South Charleston, WV 25303; Marcus Phillips Kureha PGA LLC 901 W. DuPont Avenue Belle, WV 25015; Kathi Richards Epiphany Consulting, LLC P.O. Box 9296 South Charleston, WV 25309; Steven S. Robey Arnett Carbis Toothman LLP 101 Washington St., E Charleston, WV 25301; Martin Roth, Ph.D. University of Charleston 2300 MacCorkle Avenue, SE Charleston, WV 25304; Jeff Sandene Charleston Area Medical Center 501 Morris Street Charleston, WV 25301;George Smith O.V. Smith & Sons 4510 Pennsylvania Avenue Charleston, WV 25302; Lyle Smith Merrill Lynch 500 Lee Street, E - Suite 1100 Charleston, WV 25301; Deno Stanley Adelphia Sports Bar 218 Capitol Street Charleston, WV 25301; Diane Strong-Treister Manpower 503 Pennsylvania Avenue Charleston, WV 25302; Ben Thomas Bowles Rice, LLP 600 Quarrier Street Charleston, WV 25301: William E. Turner, Jr. Pison Development 717 Brawley Walkway Charleston, WV 25301;Bob Welch Toyota Motor Manufacturing, WV, Inc. 1 Sugar Maple Lane Buffalo, WV 25033; Tessa M. White Tessa M. White, PLLC PO Box 11867 Charleston, WV 25339: Philip A. Wright Appalachian Power/AEP P. O. Box 1986 Charleston, WV 25327; Mayor Amy Goodwin City of Charleston 501 Virginia Street East Charleston, WV 25301: Andrew Jordon Chair, Charleston Urban Renewal Authority #1 Norwood Road Charleston, WV 25314; Mayor Frank A. Mullens, Jr. City of South Charleston P. O. Box 8597 South Charleston, WV 25303: Jack W. Nuckols Kanawha County Commission Designee 408 Kanawha Avenue Pratt, WV 25162; Commissioner Ben Salango Kanawha County Commission P. O. Box 3627 Charleston, WV 25336”

“The CFO of the related organization prepared Form 990, and the CEO reviewed it before presentation to the governing board. Authority to review and approve Form 990 has been assigned to the Board's Finance Committee, which reviewed and approved the form prior to filing. The Board's Executive Committee also approved Form 990 prior to filing. Remaining members of the Board were invited to contact the chief financial officer to obtain by email a copy of Form 990.”

“Conflicts of interest with respect to officers, directors and employees of the organization and its affiliates is addressed in the organization's Bylaws, Accounting Manual, and Personnel Policies. The organization's conflict of interest policy is presented to directors and employees at periodic training and orientation sessions. Directors and employees are charged with professional conduct which includes self-monitoring and reporting of potential or perceived conflicts of interest. Management and the Board of Directors advise as to whether or not any perceived conflict is valid. Directors are asked to abstain from discussions or decisions in matters where there may be conflict of interest. The organization has a Code of Ethics statement which is accepted via signature by directors and employees”

“CADCO Foundation, Inc. did not compensate any directors and has no employees. The Executive Committee of affiliated organization, Capital Area Development Corporation of West Virginia, reviews the performance of and determines the compensation of the affiliate's President/CEO. The last such review was conducted in 2020. The affiliate's Human Resources Committee is charged with periodically engaging the services of an independent compensation consultant to perform comparative analysis of executive compensation in order to establish market rate executive compensation for the affiliate's senior staff.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request, either by providing copies or by inspection at its office.”

“The President/CEO and CFO are employed by related organization, CADCO. Amounts reported in Columns E and F were paid by the related organization. Estimated weekly hours devoted by the CEO and CFO in performance of their duties to the related organization approximate 40 each. It is estimated that each member of the Board of Directors spends on average one hour weekly in governance activities for this organization and its affiliates, combined, with various meetings occurring monthly, bi-monthly, and as needed.”

“The extended due date for calendar 2020 is November 15, 2021.”

“The Back to Business Kanawha Valley Grant Program offered gap funding to small consumer-focused businesses located in Kanawha County, WV that were negatively impacted by the COVID-19 pandemic. Grants of $3,125 each were awarded to sixteen small businesses to assist with operating expenses including rent, utilities, payroll and inventory costs.”

“Several directors of the organization are affiliated with unrelated entities doing business with and/or contributing to the organization's affiliate, Capital Area Development Corporation of West Virginia. See Schedule L, Part V for a list of those directors. There were no reportable transactions in excess of applicable thresholds, and no impairment of independence with respect to the organization.”

“The organization's CFO compiled the financial statements. An independent CPA firm audited the consolidated financial statements of the organization and its affiliates. Finance Committee selects the audit firm and provides audit oversight.”