Make a Wish Foundation of East Tennessee Inc.

“The foundation worked closely with an independent public accounting firm engaged to prepare the form 990. The draft form 990 prepared by the accounting firm was reviewed by the foundation's ceo. The return was then presented to the finance committee for their review. Subsequent to the committee's approval, a complete copy of the form 990 was provided to all voting members prior to filing with the internal revenue service.”

“The foundation maintains a conflict of interest and ethics statement as provided by the make-a-wish foundation of america for each officer, employee, board member, and volunteer. Such statements must be signed upon date of hire, election, or commencement of volunteer service, and at least annually thereafter. The signed statements are then submitted to and reviewed by the volunteer coordinator if they are from volunteers, and the ceo if from all employees and board members. Review of the statements is monitored by the chief executive officer. The procedures for addressing any conflicts of interest of which the chief executive officer becomes aware includes, but are not limited to, the following (1) determining the nature of the conflict via verbal or written communication with the interested person, (2) fully disclosing conflicting interests to the board, (3) the conflicted person recuses himself/herself from deliberations and decisions regarding the transaction, and (4) taking appropriate actions warranted by the conflict as recommended by the board up to and including termination of service.”

“Line 15a: for 2015 compensation, the ceo's compensation was determined by the board of directors, consisting of independent persons. It was reviewed against national benchmarking salary studies, surveys done every few years by make-a-wish foundation of america, and by local salary surveys conducted by state organizations and by national benchmarking organizations. The boards discussions and decisions were contemporaneously documented. Documentation includes the terms of the transaction and the date it was approved, the members present during deliberations and those who voted on it, and the comparability data relied upon and how it was obtained. Line 15b: the foundation does not have other officers who are compensated and has no employees who meet the definition of key employees. The same process listed above is used for other staff, using the same instruments. Salaries for staff other than the ceo are decided by the ceo in consultation with the employees immediate supervisor within limits set by the board-approved budget. All salary increases are based on metrics from performance reviews.”

“Although federal tax laws do not mandate that an organization's governing documents, conflict of interest policy and financial statements be made available for public inspection, the foundation posts its annual report, audited financial statements, and form 990 on its web site and also makes such documents available to members of the public upon request.”

“The make-a-wish foundation of east tennessee inc. Grants the wishes of children with life-threatening medical conditions to enrich the human experience with hope, strength and joy.”

“The make-a-wish foundation of east tennessee inc. Grants the wishes of children with life-threatening medical conditions to enrich the human experience with hope, strength and joy. For the fiscal year ended august 31, 2016, the foundation granted 73 wishes. The total cost of wishes granted for the fiscal year was $656,030. Of this amount, $208,721 was contributed by various vendors who provided in-kind contributions such as travel and travel services, transportation, lodging and other services and use of facilities to complete a child's wish. For financial statement purposes, these amounts are included as contribution revenue and granted wish expense. For form 990, however, the irs requires the $208,721 of contributed services and use of facilities to be excluded from both revenue and expense.”

“ROUNDING -3.”