Elizabeth Entrikin Cooke Foundation

“The elizabeth cooke foundation does not have a conflict of interest, whistleblower, & document retention and destruction policy. The corporate trustee does have a conflict of interest, whistleblower, & document retention and destruction policy. All bank's policies are monitored by the bank's management.”

“The current administrative board of the first regional library are officers of the trust. Bancorpsouth is the corporate trustee.”

“The amounts paid to first regional library after consideration of the administrative board's recommendations are documented in the books and records of the trust.”

“Corporate trustee has not set up any committees to act on its behalf. The administrative committee which is made up of the current administrative board members of the first regional library documents its periodic meetings and provides its recommendations as to amount and timing of payments to corporate trustee.”

“The form 990 is prepared and the corporate trustee reviews the return for accuracy. A draft is sent to the administrative board for review prior to filing the form 990 to the irs.”

“The corporate trustee is the only compensated member of the foundation's governing body. Corporate trustee fees are based upon the published fee schedules.”

“The corporate trustee is the sole paid member of the trust's governing board. The administrative board of the first regional library, which also serves as the administrative board for the trust, is not compensated by the charity.”

“BANCORPSOUTH”

“AVAILABLE UPON REQUEST”

“Basis adjustment for return of capital (-5942.70); accrued int paid on purchase (584.68) rounding(2)”