Jefferson Charitable Golf Foundatio N Inc.

“The organization has members who pay dues for the use of the golf course and have voting rights within the board.”

“Each member has one voting right.”

“The organization does not have committees with authority to act on behalf of the governing body.”

“The form 990 is reviewed by the president, secretary and founding member james kuehn prior to filing.”

“Any contract or other transaction between the corporation and one or more of its directors or principal officers, or between the corporation and any firm, corporation or association that one or more of its directors or principal officers has an actual or potential ownership or investment interest, a compensation agreement, or he, she or they are otherwise directly or indirectly financially interested, shall be valid for all purposes, provided that (a) such director or principal officer was not present during the meeting to discuss and vote upon whether a conflict of interest exists; (b) such director was not present during the meeting to discuss and vote upon the transaction or arrangement involving the conflict of interest; and (c) the fact of such interest was disclosed to the board of directors and the board of directors, after exercising due diligence to investigate, to the extent it is cost effective, altemative transactions or arrangements without a conflict of interest and reached the conclusion that such transactions are not practical or beneficial to the corporation, authorized, approved and ratified such contract or transaction by a vote of a majority of the disinterested directors present. The board of directors shall adequately document the name of the persons present for the discussion and votes relating to the transaction and the names of the persons who disclosed or otherwise were found to have a conflict of interest.”

“The organization does not make this information available to the public.”