Congaree Foundation

“Marcus A. Watts, Eric Williamson, Paige Larrabee, and Brianne Lee have a business relationship with one another.”

“The members of the Foundation are those persons who then qualify as "Founding Members" of Congaree Golf Partners, LLC, a Texas limited liability company, each acting through its "Founding Member Principal or, in the event of the death of the Founding Member Principal, through the "Principal" of such Founding Member.”

“The Members shall elect the members of the Board in accordance with Article IV of the Bylaws.”

“The Form 990 is reviewed by the Tax Director, Director of Public Affairs & Philanthropy and Executive Director. Emails are sent to accounting, legal, and payroll departments to ask for assistance with some of the questions. A copy of the return is provided to all current members of the governing board.”

“A conflict of interest policy (the "policy") with an effective date of January 27, 2016 was adopted by unanimous written consent of the Board of Directors. The entity monitors and enforces compliance with the policy by requiring directors and officers to sign annual statements affirming their receipt of a copy of the policy, that the policy has been read and understood, and that the policy and purpose of the organization's activities will be complied with. In addition, periodic reviews are conducted to ensure operations are conducted in a manner consistent with the organization's charitable purposes and to ensure that the organization does not engage in activities that could jeopardize its tax-exempt status.”

“The Congaree Foundation Board of Directors determined the appropriate compensation for Congaree Foundation's Executive Director. The compensation was determined using the Exponent Philanthropy Foundation Operations and Management report. Exponent is a philanthropy serving organization, and their report is highly regarded in the field.”

“The organization makes its governing documents and financial statements available to the public upon written request.”

“Ben Grandy's compensation is administered by Congaree Golf Partners LLC. The Foundation reimburses Congaree Golf Partners LLC for his salary and benefits.”

“Consulting: Program service expenses 14,003. Management and general expenses 118,353. Fundraising expenses 1,696. Total expenses 134,052. CGGI program coordinator: Program service expenses 77,756. Total expenses 77,756. CGGI program professional fees: Program service expenses 204,644. Total expenses 204,644.”

“The organization engaged an independent auditor for the first time for the 2024 tax year. Accordingly, the Board of Directors established procedures for the oversight of the audit process and the selection of the independent accountant. As this represented the organization's initial audit engagement, no prior oversight or selection process was in place.”