Mountain State University Endowment Fund Inc

“The board of directors reviews the completed document. The form 990 is made available in electronic format to the entire board prior to filing.”

“All officers, directors, and key employees are required to complete a conflict of interest questionnaire annually. No officer, director, or key employee will enter into any outside business activity with the organization without first notifying the organization of the individual's personal or financial interest in the activity and without first obtaining ratification from the executive committee of the organization's board of trustees. The organization's policies and procedures require board members to disclose conflicting relationships, and these relationships are analyzed on a case-by-case basis. Individuals, who may directly or indirectly, benefit from any contract in which the organization seeks to enter into must fully disclose such interest to the board prior to the organization entering into said contract. Further, any trustee, officer, board committee participant, employee, or other person authorized to vote must abstain from any vote that relates to a personal financial or other business interest.”

“The organization may make its governing documents, conflict of interest policy, and financial statements available to the public, if requested, on a case-by-case basis. The organization has a committee that assumes responsibility for selection of an independent accountant. This process has changed from the prior year. Mountain state university, inc. No longer issues audited financial statements; therefore, oversight of the audit is no longer required.”

“The mission of this organization is to assist and support the educational activities and endeavors of mountain state university and its students through charitable fundraising, investment, facilities development, and other means appropriate to continuing the long-term development of the university. Mountain state university, inc. Has ceased all major operations effective december 31, 2012; therefore, mountain state university endowment fund, inc. Is in the process of liquidating assets and paying liabilities.”