Commonwealth Fund for Ket Inc.

“The board includes three members who are appointed by the kentucky authority for educational television.”

“Certain actions of the commonwealth fund, as specified in the operating and license agreement, may require approval of the kentucky authority for educational television.”

“The commonwealth fund for ket board accepted the latest audit and reviewed other form 990 data available at that time. When the form 990 is complete, copies will be sent to the entire board for review and acceptance prior to the deadline of november 17, 2014.”

“This policy is reviewed and accepted annually as part of the october board meeting, and any conflicts or other business or family interests are noted in board minutes.”

“Although the organization does not have its own employees, the organization does have policies in place in order to ensure sound governance. All employees of the commonwealth fund for ket are leased from the ket foundation, which, together with the authority, has contracted consultants to conduct regular compensation comparability studies to determine the market value of positions, including those of executives. Also, the board establishes a fair compensation and benefits package for the president, which is based on market research and commensurate with qualifications and experience. The salaries of all others are recommended by the president and approved in writing by the board chairman and ket executive director. They are in the range of comparable positions within the ket foundation and across the ket agency, which continue to be evaluated through regular compensation studies.”

“The documents listed are available to the public upon request.”

“Michele ripley - 600 cooper drive, lexington, ky 40502. Mira s. Ball - po box 12950, lexington, ky 40517. John s. Domaschko - 1 roebling way, covington, ky 41011. John r. Hall - 333 west vine street, suite 300, lexington, ky 40507. Billy harper - 960 north h.c. Mathis drive, paducah, ky 42001. James h. Molloy - 1536 south ocean drive, 405a, vero beach, fl 32963. Nick nicholson - 4856 waterside drive, lexington, ky 40513. Kimberly d. Patton - 300 w. 4th street, cincinnati, oh 45202. Shae hopkins - 600 cooper drive, lexington, ky 40502. William t. Young, jr. - po box 1110, lexington, ky 40589. Vickie yates brown - 201 e. Jefferson street, ste 314, louisville, ky 40202. Donna moore campbell - 1833 st. Ives circle, lexington, ky 40502. Rusty cheuvront - 850 dixie highway, louisville, ky 40210. Hilma prather - 510 north main street, somerset, ky 42501. Carol beirne - 3483 reeves drive, ft. Wright, ky 41017. Bill jones - 333 broadway street, paducah, ky 42001.”

“Since the organization does not have any of its own employees, these questions are not applicable to the organization, therefore we have answered them as "n/a". The organization utilizes employees of a related organization.”

“The organization has not changed its oversight or selection process during the tax year.”

“The fund is to receive, hold and administer funds provided by its fundraising activities for the benefit of the kentucky authority for educational television.”