Inspire Brands Foundation Inc

“The executive committee shall have and exercise the authority of the board of trustees, in the management of the affairs of the corporation, but the designation of such executive committee and the delegation thereto of authority shall not operate to relieve the board of trustees, or any individual trustee, of any responsibility imposed upon it or him or her by law.”

“The following board members and officers have a business relationship: christian charnaux, courtney lowe, chris held, john bowie, tanishia beacham, james north and john kelly.”

“THE BYLAWS STIPULATE The Board of Trustees shall always include (1) the Person serving from time to time as the Chief Executive Officer of Inspire (or his or her designee), who shall be the chair of the corporation and shall serve as the chair (and shall have the right to designate someone else to serve as chair) and as a member of the Board of Trustees for as long as he or she is the Chief Executive Officer of Inspire, (2) the then serving brand president of Arby's (or his or her designee), (3) the then serving brand president of Buffalo Wild Wings (or his or her designee), (4) the then serving brand president of Sonic (or his or her designee) and (5) the then serving brand president of Jimmy John's (or his or her designee). Subject to the provisions of Section 3.1, the other trustees shall be appointed by the Chief Executive Officer of Inspire. Anything in these bylaws to the contrary notwithstanding, no person shall be appointed or elected, nor shall any person serve, as a trustee of the corporation unless and until such person has been reviewed, considered, approved, and appointed by the then serving Chief Executive Officer of Inspire.”

“The form 990 is reviewed by the executive director and treasurer. The board members are sent the audit and form 990 one week prior to filing for their review. The executive committee reviews and approves the audit and form 990.”

“To ensure compliance with the conflicts of interest, the inspire brands foundation annually requires each board member, officer, and trustee to review and sign a new conflict of interest agreement.”

“The foundation board of trustees independently established and documented the fair market value of compensation for the executive director, officers, and key employees through the use of a third party report on foundation compensation to determine the appropriate comparative compensation for the positions.”

“The form 990 and audited financial statements can be found on our website. The organization will consider requests to provide its governing documents and conflict of interest policy upon request.”