Buckner Adoption and Maternity Services Inc

“The buckner international finance committee appoints a board member familiar and qualified in accounting matters to review and discuss the tax forms with staff. Upon approval of this review, the tax form is sent to the full board prior to the filing of the form.”

“Trustees, directors, and officers are required to submit a statement of disclosure upon appointment to the board and thereafter annually. The purpose of this statement is to provide a mechanism for the disclosure of any actual or potential conflict(s) of interest. Any actual or potential conflicts that arise between annual statement submissions are required to be communicated as soon as possible in writing to the general counsel. The conflict of interest policy (coi) is explained at time of issuance for signature. The coi defines disqualified persons and potential conflicts. Any conflicts that arise are reviewed by the board outside of the presence of the individual(s) involved.”

“Compensation decisions for the executive jobs are based on relevant compensation survey data, evidenced jobholder performance and available resources. The chairman of the board of trustees of buckner international, a related entity, in consultation with the trustees is responsible for setting the compensation for the president/ceo job. The board chair coordinates with the human resources consultant to conduct a formal evaluation of the job performance of the president/ceo. The evaluation involves feedback from the president/ceo, his direct reports and the trustees. That data is reviewed by the board members and a report is reviewed with the president/ceo during his annual job performance evaluation meeting. This meeting occurs during the last 6 months of each year. For all other executive job holders, survey data is provided to the president/ceo for determining compensation.”

“Governing documents, conflict of interest policy, and financial statements are available for review by request. They may be reviewed at the corporate office in dallas or may be sent by mail.”

“Domestic adoption placements and most post adoption services transitioned from buckner adoption and maternity services (bams) to buckner children and family services, inc. (bcfs), a related entity, in 2017. International adoptions ceased due to program closures. At the april 20, 2018 meeting, the board of trustees of bi, as the parent company of bams, approved and affirmed the dissolution of bams effective july 30, 2018. Assets, liabilities, and ministry programs previously contained within bams will be transferred and continued through bcfs.”

“Intercompany fund transfers -5,400.”