Memorial Park Conservancy Inc.

“The executive committee shall consist of the chariman of the board, vice chairman, treasurer, secretary, the chariman of each of the other five (5) standing committiees, and up to three (3) at large members who are directors recommended by the chairman and approved by the board. the immediate past chairman of the conservancy shall also serve on the executive committee. the chairman of the board shall serve as the chairman of the executive committee. the executive committee shall have and may exercise, when the board of directors is not in session, the power of duties to perform all duties of every kind and character, not required by law or the charter of the conservancy, to be performed solely by the board of directors. the executive committee shall have authority to make rules for the holding and conduct of its meetings, and it shall keep written records of its meetings and actions taken without a meeting and report such actions to the board of directors not later than at the meeting of the board of the directors following any such action.”

“The board member business relationship That is Unrelated to Memorial Park Conservancy ACtivity.”

“the ceo, coo, finance director, and finance committee review the form 990 and provide a copy to the board of directors prior to filing with the irs.”

“The conflict of interest policy is sent annually via email and/or mail to all board members. Forms are returned to MPC officer personnel and board leadership for review and filing.”

“Compensation for CEO is determined as follows: evaluation, review, and approval by the Executive Committee in consulation with board members; evaluation of compensation for comparable positions.”

“Summary of Changes: Lifetime, Emeritus and Ex-Officio Directors: Non-Board members may serve as Ex-Officio Directors of the Board. Ex-Officio Directors must be approved by the Board and shall not be entitled to vote at meetings of the Board of Directors Standing Committees: Removal of the Projects & Conservation Committee and creation of Master Plan Implementation Committee and Park Operations Committee. Master Plan Implementation Committee: The purpose of the Master Plan Implementation Committee shall be to provide guidance, oversight and support with respect to the implementation of the then applicable Master Plan for Memorial Park including but not limited to oversight with respect to (a) project plans relating to the Master Plan, including their conformance with the principles of the Master Plan, applicable laws and regulations and the Conservancy's agreements with the City of Houston, alignment with best practices regarding conservation, land and integrated natural resources management; (b) the development and delivery of projects relating to the Master Plan within the approved timeline and budget; (c) review of Master Plan contracts where appropriate; (d) the compliance of overall park design to programming for Memorial Park and the then applicable Ecological Restoration Plan; and (e) the review and recommendation of projects for approval by the Board. Park Operations Committee: The purpose of the Park Operations Committee shall be to provide guidance, oversight and support of ongoing park operations, including but not limited to oversight of: (a) the alignment of plans to the Master Plan and Development Agreement as they concern Operations and Maintenance, Ecological Restoration Plan and Park programming; (b) the use of best practices with respect to conservation, urban park management and a comprehensive approach to land and natural resources management; (c) the delivery of initiatives in a timely manner and on budget; (d) the enactment of policies and procedures relating to park care and programming and (e) holding park user experience and programming opportunities to a high standard.”

“Other Professional Fees: Program service expenses 1,227,516. Management and general expenses 44,921. Fundraising expenses 0. Total expenses 1,272,437.”