The Light Foundation

“ROBERT COCKERHAM, STACIA COCKERHAM, ERIKA COCKERHAM, QUENTIN COCKERHAM, AND BRANDON COCKERHAM - Family relationship”

“The president, secretary, treasurer and the executive director will assemble the data required, work in cooperation with the accounting team in preparation and authorize final review prior to the annual filing. Upon completion, all members of the board of directors will be provided a copy of the irs form 990 and a copy will be made available for review to the public upon request.”

“Promptly upon discovery of either the existence of his or her conflict of interest, either actual or potential, or the perceived risk of a conflict of interest with respect to any proposed transaction of the foundation and prior to any decision by vote or otherwise by the board of directors or by a committee thereof with respect to any proposed transaction a director, officer or employee of the foundation shall be obligated to notify the board of directors or committee thereof, as the case may be, either orally or in writing, of the existence or potential existence of such conflict of interest and to furnish to the board or committee there of a description of the material facts concerning such conflict of interest. Upon disclosure of any conflict of interest, the board of directors are authorized to gather additional information on the conflict of interest. Following disclosure, the informant shall be excused from the meeting and any further debate, comments, discussion, reports or recommendations leading up to a decision by the board or committee. Upon disclosure of any conflict of interest by a director, officer or employee, an appropriate entry shall be made in the records of the board and/or committee, including a description of action taken. Thereafter a decision may be authorized, approved or ratified by the board or committee, as the case may be, provided that the transaction receives the affirmative vote of a majority of the disinterested directors present at a meeting of the board or a committee thereof who have no direct or indirect interest in the transaction, and provided further that a quorum consisting of a majority of the disinterested board or committee members who have no direct or indirect personal interest in the transaction is present for the purpose of taking such action. In recognition of the mutual desire of the foundation, its directors, officers and employees to confirm their understanding of and willingness and obligation to comply with and abide by the terms of this conflict of interest policy all of the directors, officers and employees of the foundation shall as a condition of their continuing service and/or employment in their respective roles sign a statement confirming their understanding of this conflict of interest policy and their willingness and obligation to comply with and abide by all the terms and conditions of this conflict of interest policy. The records of such written understanding and approval of this conflict of interest policy shall be maintained by the secretary as a part of the records of the foundation.”

“An executive director was hired 2/1/17 under the review and supervision of the board of directors. Prior to hire, the board conducted research on comparable salaries and job profiles within the regional industry for the job description. In 2023, the board president conducted a review of the compensation package.”

“Governing documents and the conflict of interest policy are available upon written request.”

“(Expenses $ 28,619 including grants of $ 6,975)(Revenue $ 0) DEMOLAY - COLLABORATE WITH MISSOURI: DEMOLAY TO PROVIDE LEADERSHIP PROGRAMMING, RESOURCES AND VOLUNTEER OPPORTUNITIES FOR 12-20 AGE YOUNG MEN. DEMOLAY LEADERSHIP AND SERVICE CLUB AT MARYVILLE UNIVERSITY - TO PROVIDE SCHOLARSHIPS, AND MENTOR OPPORTUNITIES FOR THE STUDENTS ENROLLED IN THE CLUB AT MARYVILLE UNIVERSITY.”