Mfhl Corporation

“The tax form is sent to the buckner international (bi) finance committee and full board for review prior to filing the form.”

“Conflict of interest policy enforcement and monitoring 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 the 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 determination the executive committee of the board of trustees of buckner international is responsible for evalulating the performance of and setting the compensation for the president/ceo on an annual basis. The evaluation is based on performance criteria and agreed upon goals and includes a written self-evaluation by the president/ceo, as well as invited comments from board members who review the self-evaluation. The executive committee reports on its review to the board, including recommendations regarding the president/ceo's compensation, which the board then acts upon. During this process, agreed upon performance goals are set for the next year and are formally documented. At least every three years, a task force may be formed to conduct a carefully planned comprehensive review, which may include inviting feedback from staff, peers in buckner international's sector, and individuals outside the organization who have interacted with the president/ceo. Compensation decisions for all other executive positions are determined by the president/ceo based on performance as described in board policies and agreed upon personal objectives and may include other commonly accepted evaluation measures. Salaries are generally set at levels that are competitive with similar organizations according to reputable and relevant survey data.”

“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.”

“Average hours and reportable compensation officer compensation reflects total compensation paid by the organization and does not reflect payment for services as officers. Average hours per week are an estimate of the hours spent in the capacity of officer.”

“On november 18, 2021, the board of trustees voted to merge mfhl corporation (mfhl) into buckner children and family services (bcfs) (ein: 75-2571395). The merger was effective as of december 13, 2021, and the assets and liabilities of mfhl were merged with bcfs.”

“Net transfers from related organizations -3,962,641.”