The James W Denmark

“Form 990 is provided to the board of directors for review prior to filing, with an opportunity for review and comment.”

“The filing organization's governing board has adopted a conflicts of interest policy that requires officers and directors to confirm annually their familiarity with the policy and that they have no conflicts of interest. The policy requires such persons to disclose, as they arise, any actual or possible conflict of interest as defined in the policy. The policy describes the process by which determination of the existence of a conflict is made, the interested person's recusal from the determination process, and the process by which conflicts determined to exist are managed. The policy requires records of these processes be maintained.”

“The president (and director) j. Reid morgan, and director b. Hofler milam, each receive compensation for full-time employment with the related organization, wake forest university. Compensation review and approval are performed for each in that entity. The filing organization has no employees, but its officers and directors, whose compensation is reported in part vii and on schedule j, receive compensation for full-time employment from the related organization, wake forest university. The filing organization's president (and director) j. Reid morgan, and director b. Hofler milam, have compensation review and approval performed by wake forest university, the related organization in which both serve as officers.”

“The president (and director) j. Reid morgan, and director b. Hofler milam, each receive compensation for full-time employment with the related organization, wake forest university. Compensation review and approval are performed for each in that entity. The filing organization has no employees, but the president (and director) j. Reid morgan, and director b. Hofler milam, and other directors, whose compensation is reported in part vii and on schedule j, receive compensation for full-time employment from the related organization, wake forest university. The president (and director) j. Reid morgan, and director b. Hofler milam have compensation review and approval performed by wake forest university, the related organization in which both serve as officers.”

“The filing organization has never had a request for a copy of its form 990 but would provide a copy, per the regulations, if asked.”

“B. Hofler milam: b. Hofler milam is the executive vice president, cfo, and treasurer of wake forest university, the supported organization of the filing organization and was compensated during the year solely in that capacity. J. Reid morgan: j. Reid morgan, president of the filing organization, is senior vice president and general counsel of wake forest university, the supported organization of the filing organization, and was compensated during the year solely in that capacity. Mary tribble: ms. Mary tribble is an employee of wake forest university, the supported organization of the filing organization, and was compensated during the year solely in that capacity. Thomas benza: mr. Thomas benza was, during the tax period, an employee of wake forest university, the supported organization of the filing organization, and was compensated during the year solely in that capacity. Dr. Richard carmichael: dr. Richard carmichael was, during the tax period, a professor at wake forest university, the supported organization of the filing organization, and was compensated during the year solely in that capacity. Harold holmes: mr. Harold holmes was, during the tax period, an employee of wake forest university, the supported organization of the filing organization, and was compensated during the year solely in that capacity. Hours allocated to this and other related and affiliated organizations: b. Hofler milam filing organization: 0.1 hours related organizations: 37.4 hours affiliated organizations: 2.5 hours j. Reid morgan filing organization: 1.0 hours related organizations: 19.7 hours affiliated organizations: 19.3 hours james j. Dunn filing organization: 0.3 hours related organizations: 0.0 hours affiliated organizations: 39.7 hours”