Clemson Alumni Association

“The executive committee has authority to take official action between meetings of the full board on all matters except those related to organizational structure, property transactions, and other actions requiring two-thirds majority vote of the full board.”

“The bylaws were amended during the year to provide greater clarification regarding the position of the executive director. The bylaws specify that the executive director shall be an employee of clemson university and be subject to the policies applicable to clemson university employees including south carolina laws, regulations and policies. The executive director shall be the chief executive officer of the assocation and shall be responsible for the implementation of board-enacted policies. The executive director shall also have oversight and management of the programs and daily financial affairs of the association. Either the board or clemson university shall have the ability to terminate the employment of the executive director. The bylaws also provide that the salary and benefits shall be subject to sc law and that the amounts must be reasonable in amount and should be reviewed by the board periodically with appropriate comparability data and that such conclusions should be documented.”

“Membership in clemson alumni association is limited to the alumni of clemson university. Should there be issues presented to the membership body by the board of directors, members have the right to vote on such at a called annual meeting.”

“All items of action from all committees went to the full board for action and have therefore been documented in the full board minutes.”

“The form 990 is sent to all board members for review and comments, with the finance and risk committee of the board having specific responsibility for the detailed review of the form 990 and addressing any questions from the board as a whole. These actions occur prior to the filing of the form 990.”

“Clemson alumni association board members and officers receive a copy of the conflict of interest policy annually for review and signature. Any director or officer who has a conflict shall make a prompt and full disclosure to the board of directors prior to any action on such contract or transaction by the board of directors. If a conflict is deemed to exist, such person shall not vote on, nor use his or her personal influence on, nor participate in (other than to present factual information or to respond to questions) the discussions or deliberations with respect to such contract or transactions.”

“Clemson alumni association has no employees. Compensation paid to individuals who perform services on behalf of the alumni association are reviewed as a part of a central clemson university human resources function as these individuals are considered employees of clemson university.”

“Clemson alumni association's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Other fees: program service expenses 265,466. Management and general expenses 128,516. Fundraising expenses 0. Total expenses 393,982.”