Madison Alexander Cooper and Martha Roane Cooper Foundation

“Trustees of the cooper foundation are community leaders, many of whom are active in civic affairs and serve on a variety of nonprofit and business boards. --william clifton, william nesbitt, and david lacy serve on the board of the waco family practice foundation. Roland goertz is the foundation's executive director. --sharon shields and bill clifton are board members of the nonprofit family health center. Roland goertz is the center's ceo. --virginia dupuy is a board member of the waco downtown development corporation. William clifton is a committee member for the organization. --roland goertz, virginia dupuy and william clifton serve on the board of the greater waco collective impact initiative. Viginia is the secretary. --william nesbitt is the chairman and ceo of central national bank and centrabanc corporation. William clifton and felicia goodman are shareholders of the bank. --william clifton and david lacy are distant cousins.”

“Board members are given a copy of the return for review before filing. Any trustee comments are considered in deciding whether changes should be made to the 990. Each member is given a final version of the document.”

“In addition to regularly making clear any relationships that might pose a conflict at every meeting where a conflict might arise, the relevant trustee declares the conflict and refrains from voting on the matter. The minutes document the conflict and the vote. While the staff does not vote, potential conflicts are declared. Also, on an annual basis, each trustee completes a form that documents relationships between board members.”

“A performance review committee composed of trustees of the foundation evaluates the executive director, along with input from the entire board. In addition, the committee studies comparability information such as the council on foundations' annual grantmakers' salary and benefits report prior to submitting a recommendation for compensation to the full board. The trustees decide the compensation during an executive session of the board and the decision is recorded in the minutes.”

“AVAILABLE UPON REQUEST.”

“The audit committee recommends the engagement of the auditors to the entire board. The engagement is an agenda item for a regular meeting of the trustees, who vote on the recommendation. The audit committee is available throughout the field and office work and meets with the auditor at the conclusion of the audit. Each member of the board receives a copy of the audit prior to the board meetiing in which the audit committee provides its report and the trustees formally vote to accept or reject the audit report.”

“The supported organizations consist of 5 classes of beneficiary organizations, which are listed in the foundation's organizing documents. Each named organization has been notified of the foundation's support and these organizations select the majority of the board of directors of the foundation. All of the organizations supported were organized in the u.s. The classes are as follows: class i - schools, school districts, and organizations of higher education. The reason for public charity status on page one of schedule a for these organizations is number 2, a school. Grants totaling $58,982 were given to organizations in this class for the year ended march 31, 2015. Class ii - city and county governments within mclennan county, tx. The reason for public charity status on page one of schedule a for these organizations is number 6, a federal, state, or local government or governmental unit. Grants totaling $145,000 were given to organizations in this class for the year ended march 31, 2015. Class iii - united fund of waco and its member agencies. The reason for public charity status on page one of schedule a for this organization and its member agencies are number 7, 509(a)(1) organizations, or number 9, 509(a)(2) organizations. Grants totaling $41,097 were given to organizations in this class for the year ended march 31, 2015. Class iv - hospitals, medical research facilities, health care organizations & health care training organizations. The reason for public charity status on page one of schedule a for these organizations is number 3, a hospital or cooperative hospital service organization, or 4, a medical research organization operated in connection with a hospital. Grants totaling $40,000 were given to organizations in this class for the year ended march 31, 2015. Class v - other 509(1)(1) and 509(a)(2) public charities. The reason for public charity status on page one of schedule a is number 7 or number 9 for these organizations. Grants totaling $298,228 were given to organizations in this class for the year ended march 31, 2015.”

“The trust indenture creating the madison a. Cooper and martha roane cooper foundation names eight benefited organizations to which is given the power to select a majority of the board of the foundation. The eight listed organizations are to continue to be a benefited organization only if the control of the organization remains in the waco area. Due to mergers with hospitals which are not locally controlled, both hillcrest hospital and providence hospital are no longer benefited organizations. The heart of texas nonprofit family health center was added as a benefited organization in fye 2014 and is listed along with the other remaining benefited organizations on schedule r, part ii-related organizations. The trust indenture further states that five classes of benefited organizations are eligible to receive grants from the income of the foundation. A description of each of the five classes is included above in reference to schedule a. The seven named benefited organizations, which have the right to elect the majority of the foundation's board, are members of one or more of the classes of beneficiary organizations eligible to receive grants from the income of the foundation.”