Florida 4-H Club Foundation Inc

“The executive committee shall have the power to transact and supervise all regular and ordinary business of the board of directors between meetings of the board of directors provided any action taken shall not conflict with the policies of, and expressed wishes of, the board of directors in matters of major importance or conflict with the bylaws, the articles of incorporation, or the laws of the state of florida.”

“Prior to filing, the form 990 will be distributed via e-mail to the board of directors. A formal review of the return will be conducted by the comptroller and secretary before it is filed.”

“All employees and board members are required to fill out an annual declaration of conflict of interests.”

“The employees of the organization are paid through the common pay master, a related organization, the university of florida. Compensation is determined by the university of florida through review and approval by independent persons and comparability data. The process and decision are documented.”

“Documents are made available upon request.”

“Through the related organization that employs them, the individuals reported in part vii of form 990 and in schedule j (form 990) generally participate in the florida retirement system (frs), a multi-employer retirement system created under chapter 121 of the florida statutes and administered by the florida division of retirement. As stated on the website of frs, it is funded by contributions paid by employers, based on a percentage of the employees' salaries and as of july, 1, 2011 a 3% contribution from the employee. The rate of contributions required is determined by an actuarial consulting firm to assure compliance with the requirements of the constitution of the state of florida. The instructions for form 990 inidicate that part vii and schedule j should include a reasonable estimate of the increase in the actuarial value of any qualified or nonqualified retirement accruals under a defined benefit plan. Frs has stated that such information currently is not available for participants in its plan. Therefore, the amounts reported in part vii and schedule j, as appropriate, include the contribution paid by the related organization as its contribution on behalf of the named individual. This amount is considered the best reasonable estimate of information required in this form 990 and related schedules. Officers and key employees who receive compensation from the related organization are employed full time with the university of florida as faculty or staff. Each work approximately 40 hours a week for the university.”

“Volunteers serve as board members, organizers and chaperones.”

“The number of employees reported on part v, line 2a represents the number of employees of the filing organization during the tax year 2024 which were reported on form w-3 by university of florida, a controlling related entity. Similarly, the salary expenses reflected on form 990, part ix were all reported on the form 941, employer's quarterly federal tax return, by the university of florida and reimbursed to the university of florida by the florida 4-h club foundation.”