The Community Foundation of Greater Birmingham

“The following clauses were added to the by-laws: a) section 2.13 action without a meeting. Any action required or permitted to be taken by the board of directors or a committee thereof at a meeting may be taken without a meeting if the consent is given in writing with a signature (electronic or otherwise), setting forth the action so taken, and shall be signed by all of the directors or all of the members of the committee, as the case may be. Such consent must be by unanimous by the directors or the members of such committee. B) clarification to section 2.10 meeting by telephone: actions may be voted upon orally either with some or all members of the board as long as it is done where all persons participating in the meeting can hear each other at the same time. Since such actions constitute presence at the meeting, a quorum is required to be present in order to vote.”

“The board of directors has adopted the policy that the audit committee of the board will first review a draft of the form 990. The draft is then sent to the full board. The president will sign the final document. Copies of the form 990 are distributed to the full board and then the form 990 is filed with the internal revenue service.”

“A conflict of interest policy is distributed and completed annually by both the staff and board members. All conflicts of interests are disclosed and the respective member recuses him/herself from the discussion and voting. All actions are recorded in the minutes of the meeting(s) during which the issue is discussed and decided.”

“The community foundation of greater birmingham participates in the salary and benefits survey that is conducted annually by the council on foundations. Salary levels of all staff members are compared to salary levels of our peers in our asset size. The executive and finance committees approve the budget which includes all staff salaries and forwards on to the full board for their approval.”

“Upon request, the organization will make available copies of governing documents and conflict of interest policy to the public. The financial statements and irs forms 990 and 990-t are posted to the organization's website. Form 990, part x, line 25: agency endowment funds were reclassified from fund balance to liabilites to be consistent with the audited financial statements.”

“Gain/(loss) on interest in perpetual trust 457,767. Acturial gain (loss) on annuity obligations 80,611. Rounding 1. Agency endowment current year activity recorded for tax not on books -581,825.”

“The organization made no changes to its oversight process or selection process during the tax year.”

“No. From part i: 2 description of noncash property given: 83 shares agn, 227 shares mdt, 64 shares adbe, 121 shares aet, 34 shares ads, 51 shares goog, 40 shares amzn, 100 shares axp, 136 shares amt, 176 shares apc, 151 shares aapl, 180 shares adp, 39 shares blk, 51shares ba, 66 shares ci, 158 shares cvs, 140 shares cof, 686 shares csco, 355 shares c, 133 shares cl, 634 shares cmcsa, 244 shares dhr, 175 shares dg, 132 shares eog, 194 shares esrx, 141 shares fis, 129 shares fisv, 175 shares ftv, 643 shares ge, 121 shares hd, 117 shares hon, 269 shares jpm, 185 shares jnj, 594 shares kmi, 53 shares mck, 217 shares mrk, 447 shares msft, 87 shares nee, 110 shares omc, 449 shares orcl, 147 shares pep, 73 shares pxd, 107 shares px, 165 shares pru, 305 shares qcom, 137 shares syk, 169 shares tjx, 75 shares tmo, 349 shares usb, 120 shares unp, 111 shares utx, 123 shares unh, 139 shares vfc, 251 shares v, 384 shares wfc, 25,000 shares alabama st cap impt-ser b non callable g/o 8/21/13 5% 08/01/2021, 25,000 shares ala st pub sch & college auth cap impt pool-ser b non callable rev bd 6/24/13 5% 06/01/23, 50,000 shares baldwin cnty ala warrants non callable g/o 02/01/13 4% 01/01/2022, 25,000 shares huntsville ala wts-ser d non callable g/o 11/26/13 4% 11/01/2021, 50,000 shares w0 huntsville ala elec sys elec rev-wts callable rev bd 12/21/11 5% 12/01/2022-2021, 25,000 shares tuscaloosa ala wts-ser a non callable g/o 8/01/14 5% 07/01/2020 no. From part i: 3 description of noncash property given: 250,000 shares kcg no. From part i: 4 description of noncash property given: 147 shares mmm, 536 shares abt, 336 shares abbv, 279 shares atvi,19 shares ayi, 44 shares adbe, 213 shares aes, 25 shares aet, 115 shares a, 191 shares apd, 109 shares akam, 81 shares alxn, 30 shares baba, 257 shares ati, 53 shares all, 25 shares googl,12 shares goog, 574 shares mo, 29 shares amzn, 79 shares aig, 89 shares amt, 69 shares abc, 121 shares amgn, 44 shares andv, 52 shares anss, 29 shares antm, 118 shares aapl, 72 shares arw, 12 shares asml, 158 shares adsk, 67 shares adp, 26 shares bcr, 150 shares abx, 907 shares bbt, 24 shares bdx, 91 shares brk'b, 23 shares bio,13 shares biib, 143 shares bki , 53 shares blk, 212 shares bwa, 34 shares bxp, 88 shares bsx, 16 shares avgo, 58 shares cbt, 44 shares cof, 223 shares cbg, 38 shares cbs, 38 shares ce, 36 shares celg, 223 shares cx, 168 shares chtr, 119 shares cvx, 58 shares cb, 26 shares ci, 35 shares xec, 1394 shares csco, 300 shares c, 73 shares cce, 414 shares cmcsa, 85 shares cop, 20 shares stz, 110 shares clr, 284 shares cci, 154 shares csx, 64 shares cmi, 67 shares cvs, 71 shares dri, 32 shares dva, 78 shares dal, 92 shares xray, 2203 shares tolsx, 44 shares fang, 75 shares dfs, 25 shares dpz, 71 shares dov, 174 shares dwdp, 252 shares dhi, 38 shares dps, 70 shares dxc, 83 shares emn, 70 shares etn, 129 shares ev, 100 shares ebay, 85 shares sats, 16 shares ea, 712 shares enb, 50 shares egn, 61 shares efx, 309 shares xom, 87 shares fb, 913 shares fatix, 119 shares fitb, 54 shares frc, 285 shares flex, 22 shares fmc, 92 shares gatx, 60 shares gd, 113 shares gild, 138 shares gpn, 46 shares gs, 1474 shares hghix, 214 shares has, 67 shares hpe, 331 shares hd, 253 shares hon, 209 shares hpq, 12 shares hum, 119 shares itw, 22 shares ilmn, 160 shares ice, 74 shares intu, 216 shares jbl, 370 shares jnj, 785 shares jpm, 522 shares key, 151 shares keys, 77 shares kmb, 26 shares klac, 139 shares phg, 22 shares lll, 81 shares lh, 37 shares lrcx, 59 shares lilak, 685 shares lyg, 112 shares lmt, 177 shares lyb, 83 shares mpc, 191 shares mmc, 274 shares mas, 423 shares mxim, 75 shares mkc, 67 shares md, 216 shares mdt, 8 shares meli, 475 shares mrk, 57 shares meoh, 17 shares mfgp, 1098 shares msft, 126 shares navi, 56 shares ntap, 50 shares nflx, 113 shares nfx, 278 shares nee, 28 shares nue, 57 shares nvda, 256 shares orcl, 66 shares pkg, 467 shares payx, 53 shares pypl, 421 shares pep, 954 shares pfe, 235 shares pm, 31 shares”