Murray State College Foundation Inc.

“The 990 is being filed prior to a final audit report being complete to meet the 990 deadline. The executive director will review the audit and Form 990 and present both to the Board. If any discrepancies are found between the return and the audit report, an amended return will be filed.”

“The executive director knows the board members personally and is able to easily identify any changes in conflicts. Also, the board is required to sign a conflict of interest policy disclosing any conflicts, if applicable.”

“Information is available at the Foundation's offices.”

“As of the date of this return's extended filing due date, the organization's records are not sufficient to provide a complete accounting for the entire fiscal year. Consequently, various items reported throughout this return have been reported based on estimated amounts. Additional notes have been added to provide further clarity. The organization intends to file an amended Form 990 as soon as possible to rectify this situation. In the meantime, however, any reader should assume that all financial data reported in these forms are the best data available at the time and are being reported solely to comply with the Organization's legal duty to file a return. This situation will be rectified as quickly as possible.”

“The questions for the checklist of required schedules were answered based on the best available data at the time. However, due to the incomplete nature of records at the time, it is possible omissions may have been made. If any are discovered, they will be corrected in an amended filing as soon as possible.”

“The questions related to other IRS filings and tax compliance were answered based on the best available data at the time. However, due to the incomplete nature of records at the time, it is possible omissions may have been made. If any are discovered, they will be corrected in an amended filing as soon as possible.”

“At the time of the extended due date of the 990, the organization was unable to provide complete financial statements. Parts VIII and IX were prepared using the best estimates available as of the due date. The organization intends to amend this filing when the financial statements are completed.”

“As of the extended due date of the return, the organization's records were insufficient to determine if there were any donations which would be required to be filed on Schedule B. When an amended return is filed, if any such donations are identified, they will be reported at that time.”