Musselshell Valley Community Foundation

“Derin Gebhardt and Sandra Gebhardt - family relationship; Adam Carlson and Melissa Carlson - family relationship; Danny Adams and Ethan Adams - family relationship”

“Donors contributing at least $20 annually are recognized as members of the Foundation and receive voting rights at the annual meeting. The first $20 of each contribution is allocated to membership unless otherwise designated.”

“The Musselshell Valley Community Foundation (MVCF) is a membership organization. Individuals who contribute $20 or more annually are considered members and have the right to vote at the annual meeting to elect members of the governing Board.”

“MVCF's members also have the right to vote on proposed amendments to the bylaws. In practice, attendance at annual meetings is typically limited, but the rights of members remain active under the organization's governing documents.”

“The organization's process for reviewing Form 990 includes distribution of the draft return to all voting members of the Board by email prior to filing. Board members are encouraged to review the document, ask questions, and provide feedback. If no corrections or comments are received within the review period, the return is filed as presented.”

“Each year, following the annual meeting and Board elections, conflict-of-interest disclosure forms are distributed to all directors and collected at the next Board meeting.”

“All documents are available to the public upon request.”

“Includes $2,161 for security services at the RIDE event, $67,679 for entertainer contracts for the RIDE event, $3,347 for Kids Kountry RIDE event, and $1,050 for casual labor assistance during the RIDE event. These costs represent contracted services directly related to the RIDE program event. Also includes $24,726 for contracted services related to the Roundup Community Partners (RCP) visitor kiosk build, $1,150 for Arts & Culture's Shakespeare in the Park. Lastly, includes $700 for Market on Main entertainers.”

“The change in net assets reflects activity related to MVCF's beneficial interest in its Agency Endowment held and controlled by the Montana Community Foundation (MCF) for the benefit of the Musselshell Valley Community Foundation. This total includes $32,653 contributed to MVCF and subsequently granted to the endowment, $17,045 in valuation changes from investment performance, and $9,498 in annual endowment income distributed to MVCF for community granting purposes.”