Blue Ridge Broadcasting Corporation

“Dr. Billy graham and william franklin graham, iii have a family relationship.”

“The bylaws were updated to clarify qualifications for directors; to incorporate the organization's statement of faith; and to refer to the billy graham evangelistic association (fed tax id 45-2588350) as a north carolina nonprofit corporation.”

“The board of directors shall consist of not less than three (3) nor more than fifteen (15) directors. Each year, at its annual meeting, the board of directors of billy graham evangelistic association ("bgea") shall designate the board of directors of this corporation, any or all of whom may already be serving as directors.”

“The return is reviewed by the audit review committee and the full board of directors before it is filed with the irs.”

“Blue ridge broadcasting's conflict of interest policy covers all "responsible persons", which includes any board member, officer, divisional vice president, or member of management staff who has a material financial interest. Disclosure statements are submitted by these individuals on an annual basis, as well as throughout the year as a situation may arise. A summary of potential conflicts disclosed by board members, etc are reported to the board audit review committee for review. Restrictions imposed on persons involved in transactions with a potential conflict include prohibiting him from participating in the board or committee deliberations and approval of the transaction. Throughout the year, internal audit and legal staff monitor the addition of new board members and the hiring of new employees whose position may allow them to have a material financial interest in a transaction. Disclosure statements are requested and received from these individuals. Potential conflicts, if any, are reported to the board audit review committee. The process for review of transactions with potential conflicts varies based on the individual with the conflict. If a staff member is not a disqualified person, any proposed transaction that may be a conflict of interest must be reviewed and approved by the ceo or his designee. All material terms and conditions of the transaction shall be described in writing and provided to the ceo or his designee prior to entering into the transaction. The ceo will review the transaction to determine if it is fair and in the best interests of the company. If the person with the potential conflict of interest is a disqualified person, the responsible person will provide all material terms and conditions to the ceo in writing. The ceo will forward such information to the compensation committee chairman for review and decision by the compensation committee prior to the consummation of the transaction. The transaction shall only be permitied if the compensation committee determines that (1) the conflicting interest is fully disclosed, (2) the responsible person with the conflict is excluded from the discussion and approval of such transaction by the compensation committee, and (3) the transaction is fair and in the best interest of the company by use of a comparable valuation or competitive bid. The compensation committee chairman will present the material facts of the transaction to the full board of directors for ratification. If the ceo or his family member is the one with the potential conflict of interest, then initial disclosure shall be made directly to the compensation committee chairman by the vice president of corporate affairs using the same criteria as listed above. The compensation committee will review and decide if the transaction is fair and in the best interests of the company. The compensation committee chairman will present the material facts of the transaction to the full board of directors for ratification. If the conflict involves a grant, payment, or benefit to another 501(c)(3) organization within the exempt purposes of the company, the material terms of such transactions will be submitted to the finance committee for review at such committees periodic meetings and annually submitted to the board of directors for review and ratification.”

“Blue ridge broadcasting ("brb") is a ministry of the billy graham evangelistic association ("bgea") and the staff of brb are employed by bgea. Where appropriate, compensation paid by bgea to brb staff is reviewed by the executive committee of the brb board of directors, in addition to any review required by bgea. Comparability data from the christian music broadcasters salary study is used by the brb executive committee for review. All final decisions are documented.”

“Blue ridge broadcasting's articles of incorporation, conflict of interest policy, and the audited annual report are provided upon request and available for inspection at our office in asheville, nc. The audited annual report is also posted on our website.”