Cattle Enhancement Board Inc.

“The articles of organization were amended during the year ended 6/30/19 as follows: article 8 was amended to "bylaws, not inconsistent with florida law or these articles, shall be adopted by the board of directors to provide for the administration of the affairs of the corporation and the exercise of its corporate powers." article 9 was amended to "the articles of incorporation and bylaws of the corporation may be amended by the board of directors as provided in the bylaws." article 11 was amended to "upon the dissolution of the corporation, after payment or making provision for payment of the liabilities and obligations of the corporation, and after the return, transfer or conveyance of assets which are held by the corporation under a condition or contract requiring their return, the board of directors shall distribute the corporation's remaining asset to the univeristy of florida foundation, inc. To be held for the purpose of cattle research, education and extension by the institute of food and agricultural sciences or its successor at the university of florida, provided that such organization is exempt from federal income tax under section 501(a) of the internal revenue service code and is described in section 501(c)(3) of the internal revenue code. In the event that such organization fails to be an exempt organization as described in the foregoing sentece, then the remaining assets shall be distributed to the university of florida board of trustees for the purpose of cattle research, education and extension by the institute for food and agricultual sciences or its successor. Any such assets not disposed of in according with the provisions of the article 11 shall be distributed to the state of flordia for a public purpose.”

“A draft copy of form 990 is presented to the governing body prior to filing with the irs for their review and approval.”

“Annual renewal of the conflict of interest declaration forms and review by the board should coincide with the reappointment or replacement of committee members, as well as appointment of board staff and renewal of contracts for project and program managers. This timeline specifies that final approval of potential conflicts of interest that require management be endorsed at the july board meeting each year. Distribution of renewal declaration forms to all persons covered is scheduled for june 1, allowing about 7 weeks for return. Reminders are distributed regularly to encourage full compliance.”

“All governing documents, conflicts of interest policy, financial statements and tax returns are available to the public upon request.”

“Cattle enhancement board, inc. Is organized exclusively for charitable, religious, education and scientific purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986 (or the corresponding provision of any future internal revenue law) including the promotion of research, education and extension at, or for the benefit of, the institute of food and agricultural science at the university of florida on issues related to the florida cattle industry, including, but not limited to production, disease prevention, forage development and genetic research and technology.”