Compass Rose Foundation Inc.

“Donald & sharon jones - husband/wife - vice president/treasurer donald jones & gregory jones - father/son - vice president/president sharon jones & gregory jones - mother/son - treasurer / president greg & tracy jones - husband/wife - president/vice president”

“A copy of the completed form 990 is presented to the board members in advance of a regular meeting of the board. The board members are afforded the opportunity to ask questions and request changes (if there are perceived factual inaccuracies). The final form 990 is approved as presented or, if applicable, as changed, by a majority vote of the members present at the meeting.”

“The organization maintains a conflict of interest policy to ensure that conflicts between and among the organization, its employees and its directors are properly disclosed and, if improper, avoided. The organization enforces this policy by requiring that improper conflicts of interest relationships are avoided or eliminated and by ensuring that directors with real or perceived conflicts abstain from debating or voting upon matters related to the conflict. All employees and directors are required to annually disclose any conflicts.”

“Compensation process for officers and key employees: the organization's board has adopted a compensation policy (the "policy") for covered individuals. Pursuant to the policy, a compensation committee of independent directors was established to review the compensation of all employees specified as having a substantial influence over the organiztion and who received remuneration from the organization, including, among others, the organizatin's president and chief executive officer. The compensation committee is advised by an independent compensation consultant, which opines to the compensation committee that the level of compensation paid and the process by which the compensation is established meet applicable irs reasonableness and "safe harbor" standards. The outside compensation consultant provides data of compensation provided at similar organizations to ensure that the organization does not compensate in excess of market norms.”

“Governing documents disclosure explanation: the organization's governing documents, conflict of interest policy, and financial statements are available to the public via guidestar.org, upon request, or as otherwise required by federal and florida statute.”

“Section 1.263(a)-1(f) de minimis safe harbor election under regulation 1.263(a)-1(f), the taxpayer hereby elects to apply the de minimis safe harbor election to all qualifying property placed in service during the tax year.”