Usta Florida Section Foundation Inc.

“A meeting is held with the Executive Director of the Foundation, the Executive Director of the Section and the accounting staff involved to review the final draft for any edits. Following the verification of the data, the final draft is presented to be reviewed and signed by the Foundation Board President.”

“These documents are located in the office of the organization and are made available to the public upon request.”

“All officers of the organization sign a conflict of interest policy on an annual basis. The President of the organization is charged with monitoring the process on an on-going basis.”

“United States Tennis Association Florida Section Inc is the sole member of the organization.”

“The organization's bylaws were amended to include the following five items: 1) A nominating committee is now required 2) Term length adjusted to 2 years instead of 3 3) Vice President position is now required 4) Added Financial Policy section along with mention of Budget & Finance Committee and 5) Specified Parlimentary Authority as the most current issues of Robert's Rules.”

“Any Director may be removed with or without cause by a majority of the entire USTA Florida Section Foundation Board of Directors or by the Sole Member.”

“Revisions or amendments to the Bylaws may be proposed by any Director of the USTA Florida Section Foundation Board or the Sole Member and must be approved by the Sole Member. Proposed revisions or amendments shall be presented by the USTA Florida Section Foundation Board to the Sole Member for consideration.”

“Accrual method chosen as that is the correct option for how the organization's financial records are kept. The prior year's Form 990 had an incorrect option chosen.”