Arnies Army Charitable Events Foundation Inc.

“Amy p. Saunders. (director and president of the foundation) is a minority shareholder and vice president of the bay hill classic, inc. Amy is also the vice president of arnold palmer enterprises, inc. And tbhc, inc. (d/b/a bay hill club and lodge). Glenn blackburn (director and treasurer of the foundation) is the secretary & treasurer of the bay hill classic, inc., tbhc, inc., and the arnold palmer design company. Glenn is also an employee, secretary, and vice president of arnold palmer enterprises, inc. Steven l. Richards (director and secretary of the foundation) is the vice president of the arnold palmer design company.”

“The organization has no committees with authority to act on behalf of the governing body”

“The organization's top management official and top financial official each review the form 990 prior to its filing with the irs. A copy of the final form 990 is also provided to the voting members of the organization's governing body prior to its filing with the irs.”

“The organization's conflict of interest policy is distributed to each member of the organization's governing body and its officers on an annual basis. Each such individual provides an annual disclosure statement indicating that they have received, read, understood, and agreed to comply with the policy, certifying that: (1) they have no relationships or interest that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate organization officials to take appropriate actions as required by the policy.”

“The organization provides, upon request, copies of its articles of incorporation, conflict of interest policy, and its financial statements.”

“The compensation of the treasurer, glenn blackburn, is paid by an unrelated for-profit company. Arnie's army charitable events foundation, inc. (aacef) reimburses the company for the salary of the treasurer and has included his salary information in the form 990 part vii for reporting purposes. Aacef does not compensate any other board members or officers of the organization.”