Lovemark Foundation Inc.

Part VI Governance, Management, Disclosures

“Section a - governing body & management, line 2: relationship schedule ---------------------------------------------------------------------- name of officer, director, etc.: jamie lovemark name of related party: tiva lovemark title or role of related party: president relationship: family name of officer, director, etc.: tiva lovemark name of related party: dana duff title or role of related party: secretary relationship: family name of officer, director, etc,: simon elliott name of related party: whitney elliott title or role of related party: director relationship: family section a - governing body & management, lines 7a - 7b ------------------------------------------------------ the organization is a charitable corporation organized under the nonprofit corporation laws of florida. The corporation shall have no members, as such, but, in lieu thereof, shall have a board of directors, in which board there shall be vested all the power and authority to supervise, control, direct and manage the property, affairs and activities of the corporation. The number of directors shall from time to time be fixed by the bylaws; provided, however, that the number of directors shall not at any time be less than three (3). The names of those who are serving as members of the initial board of directors are as follows: tiva lovemark jamie lovemark danielle molinaro whitney elliot simon elliot section a - governing body & management, line 8b: committees ------------------------------------------------------------ the organization does not have any committees with authority to act on behalf of the governing body. Section b - policies, line 11: form 990 review ---------------------------------------------- a copy of the form 990 is reviewed by financial representatives of each member of the organization's governing body. Section b - policies, line 12c ------------------------------ article 7 7.1 - to ensure the corporation operates in a manner consistent with its charitable purposes and does not engage in activites that could jeopardize its tax-exempt status, period reviews shall be conducted. The period reviews shall, at a minimum, include the following subjects: 7.1.1 - whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. 7.1.2 - whether partnerships, joint ventures, and arrangements with management organizations conform to the corporation's written policies are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction. Period reviews shall, at a minimum, include the following subjects: 7.1.1 - whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. 7.1.2 - whether partnerships, joint ventures, and arrangements with management organizations conform to the corporation's written policies are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.”