Carolina Caring Foundation Inc.

“A copy of the completed form 990 is made available to each board member prior to filing. In addition, the organization's executive director reviews the completed form 990 with the return preparer prior to filing.”

“The conflict of interest policy applies to all members of the board of directors (the organization has no employees). Education regarding the organization's conflict of interest policy occurs during the orientation process of all board members. Each board member acknowledges their review and understanding of the policy by a signed statement which is placed in a board member's file. Board members are required to review the conflict of interest policy and sign the acknowledgement of review and understanding annually. The conflict of interest policy requires disclosure at the time a matter arises that may present a financial or ethical conflict of interest with the organization's interests. Prior to any action being taken against a board member, the organization conducts an investigation and due process administrative hearing. The board chair is the final arbitrator in the organization's internal investigation. The results of the investigation may warrant a board member not participating in discussions or votes on specified transactions unless requested by the board. The board member's abstention and the reason for it are recorded in the minutes.”

“Documents are made available for inspection at the organization's office upon reasonable request.”

“Tax expense : program service expenses 21,332. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,332. Bank fees : program service expenses 3,412. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,412. Repairs and maintenance : program service expenses 1,112. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,112. Consulting expense : program service expenses 504. Management and general expenses 0. Fundraising expenses 0. Total expenses 504. Dues : program service expenses 406. Management and general expenses 0. Fundraising expenses 0. Total expenses 406.”

“Transfer from carolina caring, inc 518,951. Other adjustment 0.”

“The organization did not change either its oversight process or selection process during the tax year.”