Lifelink Legacy Fund Inc.

“An electronic copy of the 990 is provided to the audit committee, president, and cfo for preliminary review. Then an electronic copy of form 990 is then distributed to the entire governing board prior to issuance.”

“Annually, the legacy fund requires all interested parties to attest that they have received, read and agreed to comply with lifelink's conflict of interest policy. The annual certification requires the disclosure of any conflicts of interest that may exist. The compliance officer and president review potential conflicts of interests and determine what action, if any, is necessary including additional review by the executive committee of the governing board. On an ongoing basis, conflicts of interest are monitored on periodic reviews performed by lifelink foundation's internal corporate compliance department.”

“Compensation of the legacy fund officers and directors is set by lifelink foundation, a related 501(c)(3) organization; therefore, this question has been answered "no" in accordance with the form instructions. A summary of the foundation's process for determining compensation is below. An independent compensation committee acting on behalf of the governing board is responsible for reviewing and approving the total compensation of all officers, directors, key employees and any related family members at least annually. This review includes a detailed analysis of comparable data from industry surveys, form 990s, and studies from a third party consultant. An independent consulting firm prepares a study every three years. The date of the last study was june 6, 2016.”

“The organization does not make its governing documents, conflict of interest policy, or financial statements available to the public as they are not required to by law.”

“Lifelink legacy fund corporate compliance program: corporate compliance for the lifelink legacy fund is provided by lifelink foundation's corporate compliance department. The objective of the corporate compliance department is to provide guidance to all employees as they carry out their daily activities within appropriate ethical and legal standards. Corporate compliance provides an in-house compliance service that effectively supports each division in their duty to comply with relevant laws and internal procedures. Corporate compliance reviews best practices from outside resources to ensure policies and procedures are updated as necessary. Annual policy training is provided to all employees as it is an important part of their professional development and commitment to achieve lifelink's mission. Corporate compliance also oversees the foundation's employee hotline, which allows employees to report potential corporate compliance concerns anonymously. These compliance concerns are investigated thoroughly and promptly. The corporate compliance department is responsible for developing and maintaining an efficient and effective program of internal auditing and monitoring to enhance our capacity to manage risk, investigate emerging issues and trends and detecting deviations from established internal controls. Corporate compliance is also involved with assisting the information systems department with lifelink cyber security strategies. Ethical and moral behavior is expected from all employees. The corporate compliance department embodies dedication to the highest standards of ethical behavior, expressed through corporate culture and through adherence to the law. Lifelink is committed to detecting and correcting any unintentional or deliberate conduct that is inconsistent with these principles.”

“Lifelink legacy fund created the lifelink of puerto rico employee relief fund as a limited financial fund made available to any current employee of lifelink of puerto rico as of september 20, 2017 who have a documented need due to unforeseen circumstances related to hurricane maria. See form 990, part iii, line 4b for a complete description of the program.”

“The organization's audit committee, composed of at least four independent board members which provides assistance to the board in fulfilling its oversight responsibilities to the users of the foundation's financial statements. The audit committee's responsibilities include ensuring that the foundation undergoes an annual financial statement audit, and selection and evaluation of the independent auditors. On an annual basis, the results of the financial statement audit are presented to the full board. This process has not changed from the prior year.”