East Tennessee Foundation

“Section c. Disclosure line 17 the foundation is registered in tennessee, but has filed charitable solicitation applications in all other states in which they are required.”

“Natalie haslam will haslam hon life dir director family relationship joe petre jed dance director director business relationship”

“The president and executive vice president review the complete form 990 prior to filing. Because east tennessee foundation has such a large board of directors and the information contained in schedule b is sensitive in nature, schedule b is not included in the copy of the form 990 reviewed by the foundation's audit committee and sent via email to the entire board of directors prior to filing.”

“Officers, directors, and key employees are asked to complete an annual conflict of interest disclosure form which is kept on file in the etf office. Officers and directors with a conflict of interest on an issue on a meeting agenda are asked to disclose the conflict at the meeting and to recuse themselves from participation in discussion and voting on that item; such recusals are documented in the meeting minutes.”

“East tennessee foundation chair and immediate past chair lead the annual performance appraisal and determination of compensation processes for the president/ceo. A comprehensive performance appraisal form, comprised of rating grids in each broad area of job responsibility and a series of questions addressing performance, is completed by each member of the foundation's executive committee. The president prepares a written self-evaluation of his performance relative to progress toward accomplishment of previously determined goals. In addition, the full board is informed of the process, and board members are invited to provide input and comments. The immediate past chair prepares a composite of completed appraisal forms and other comments received, which becomes the basis for the president's review. The chair and immediate past chair meet with the president to review the appraisal, discuss feedback received from board and executive committee members, review progress made toward meeting individual goals and those of the foundation, outline opportunities for advancement, and set goals and a work plan for the next year. After the meeting, the chair and immediate past chair confer to finalize the appraisal process and prepare a recommendation for annual compensation. Normally, the most recent council on foundations salary survey is consulted as well as assessing on a local level comparable compensation for similarly qualified persons in functionally comparable positions. Results and recommendations are presented to the executive committee for review and subsequent approval or modification. The executive committee meets both independently and with the president in conducting its deliberations and decision-making.”

“Both the irs form 990 and audited financial statements are readily available on the foundation website. These documents are also available upon request. Fundholders are notified via the foundation's donor portal when the financial statements are available. The 990-t is available upon request.”

“East tennessee foundation makes these documents available to the public upon request.”

“430 individuals from the 25 county region served in 2017 as volunteers on the foundation's board of directors, board committees, geographic affiliate fund advisory boards, field-of-interest grants panels, and scholarship selection committees.”

“4d-1) expenses of 1,417,755, including grants of 1,417,755 - conducted competitive grantmaking programs throughout the 25 county region in the field-of-interest areas of affordable housing, youth-at-risk, women and children, health care, arts & culture, childhood cancer, and parkinson's disease research, providing 79 grants to 73 501(c)(3) organizations for worthwhile projects in these areas 4d-2) expenses of 1,143,650, including grants of 116,102 - made 58 discretionary and project grants from 8 funds and paid program-related expenses associated with the management of charitable funds and the allocation of grant funds to benefit the 25 county east tennessee region 4d-3) expenses of 585,436, including grants of 585,436 - conducted 55 competitive scholarship programs to enable students throughout the region to obtain a post-secondary education; 189 students received scholarships and attended 45 institutions of higher learning in tennessee and throughout the nation 4d-4) expenses of 482,151, including grants of 482,151 - funded creation of the pat summitt clinic, a state-of-the art facility at utmc for the treatment of alzheimer's and other neurological diseases and also provided sponsorship grants relating to the disease 4d-5) expenses of 221,510, including grants of 221,510 - conducted localized, county-specific, competitive grantmaking programs through the foundation's county affiliate funds, allowing local advisory boards to select worthy projects and programs at the local level; not counting the disaster grants in 4b, 46 grants were awarded to 34 organizations for a wide variety of charitable purposes”

“Question 8 - excess business holdings are held in one donor advised fund and will be disposed of in advance of the time requirement deadline.”

“The 990-t is on extension awaiting information from various sources to complete the return. The foundation intends to file the 990-t before the extended due date.”

“CAYMAN ISLANDS”

“Brokers fees included on 990, part viii, line 7b 6,567 change in value of split-interest agreements 772,088 fundraising events direct expenses 284,487 revenue of supporting foundations reported separately 25,846,420 current year effect of fasb asc 958-605 -4,883,784 expenses of supporting foundations reported separately -6,102,440 fundraising events direct expenses -284,487 broker fees included on 990, part vii, line 7b -6,567 current year effect of fasb asc 958-605 1,142,763 total 16,775,047”