Cadco Foundation Inc.

“The following directors reported business relationships with other directors or key employees: Christy Bly with Tessa White.”

“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 Jack Rossi Summit Community Bank 2402 Mountaineer Boulevard Charleston, WV 25309 Vice Chair Adam R. Krason ZMM Architects & Engineers 222 Lee Street, West Charleston, WV 25302 Secretary Christy Elliott BB&T, now Truist 300 Summers Street Charleston, WV 25301 Treasurer Matthew Bond United Bank 500 Virginia St., E. Charleston, WV 25301 Kenneth Boggs N3 2001 Union Carbide Dr., Ste. 1500 South Charleston, WV 25303 Nancy Bruns J.Q. Dickinson Salt Works 4797 Midland Drive Malden, WV 25306 Robert Burton West Virginia American Water 1600 Pennsylvania Avenue Charleston, WV 25302 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 Fonda Elliot AMFM, Inc. 1516 Royal Oaks Road Charleston, WV 25314 David P. Ferretti Spilman Thomas & Battle, PLLC 300 Kanawha Boulevard, East Charleston, WV 25301 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 Shannon Huber Dow Inc. 437 MacCorkle Avenue, SW South Charleston, WV 25303 Daniel J. Lauffer Thomas Health System 4605 MacCorkle Avenue, SW South Charleston, WV 25309 Chris Morris CityNet 233 Virginia St., E. Charleston, WV 25301 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 John Scalzo Appalachian Power Company 500 Lee Street, E.-Suite 800 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 1108 Kanawha Boulevard East, Unit 502, Charleston, WV 25301 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 Lance Wheeler 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 office 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 organization may convene a Human Resources Committee or secure services of an independent compensation consultant to perform comparative analysis of executive compensation when necessary.”

“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. T”

“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. Members of this organization's Board of Directors also serve as directors of related organizations listed on Schedule R. On average, directors spend approximately one hour weekly on governance matters for all affiliated organizations combined with various meetings occurring monthly, bi-monthly, and as needed.”

“The extended due date for calendar 2021 is November 15, 2022.”

“The organization created a small business grant program to help existing women and minority-owned businesses within the City of Charleston.”

“The organization discontinued its 2020 Back to Business Kanawha Valley small business grant program designed to assist small businesses during the COVID pandemic.”

“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.”

“1099s for grant recipients were issued by a related organization identified on Schedule R which served as fiscal agent for disbursements.”

“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.”