South Florida Sports Foundation Inc

“The following officers and directors of the organization have a business relationship: stephen m. Ross (director) has a majority ownership interest in miami dolphins, ltd.; tom garfinkel (director), chris clements (treasurer/vice-president), myles pistorius (general counsel), and marc weinroth (secretary) are all employed by miami dolphins, ltd. Jason jenkins (executive director/vice president) also was an employed by miami dolphins, ltd. Prior to his death in august 2022.”

“Stephen m. Ross is the sole member of the organization.”

“The organization's by-laws grant the members with the right to elect directors, the power to adopt and amend by-laws, and the right to vote on certain amendments to the organization's articles of incorporation. The board of directors of the foundation are ratified by the members. Members may be employees, officers, directors or owners of the dolphins organization, but are not required to be and act as volunteers for the foundation in their own capacity and not as representatives of the dolphins organization.”

“The foundation provides a copy of the form 990 to the directors prior to its filing. The directors have the opportunity to review it and make comments.”

“The foundation reviews with its officers and directors on an annual basis whether they have any interest that could give rise to conflicts with the foundation. This is done at the annual meeting held to review the prior year activity and to determine the budget for the following year. If the officers or directors indicate there is a conflict, they have to disclose it in a written statement to the foundation. In addition to that, if the foundation is going to undertake a significant material purchase or transaction, there is another request for the officers and directors to indicate whether they have any conflict of interest with that entity.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Compensation paid by the miami dolphins, ltd, a related organization, to board members/officers in their sole capacity as employees/owners of the miami dolphins, ltd is not disclosed due to the volunteer exception. The miami dolphins, ltd is an entity operated for-profit, is not owned or controlled (directly or indirectly) by the foundation or any other related tax-exempt organization and does not provide management services to the foundation for a fee. All board members, members and officers of the foundation act as volunteers in their own capacities and not as representatives of the miami dolphins, ltd. Jason jenkins, executive director and vice president of the foundation (appointed july 1, 2022), passed away in august 2022. Mr. Jenkins was an employee of miami dolphins, ltd., a related orgnization.”

“Current compensation reported on part ix lines 7, 9, and 10 is comprised of salary reimbursements paid to the miami dolphins for certain employees' duties directly related to the organization operations. These employees' wages are reported on form w-3 filed by the miami dolphins organization.”