The Education Foundation for Joint School District 2 Inc.

“The Executive Director of the Foundation is an employee of the West Ada School District No. 2. The Executive Director is compensated by the school district. The school district files Form W-2 for the Executive Director; therefore, the Foundation is not reporting the Executive Director as a paid employee on Form 990, Part V, Line 2a.”

“The Executive Committee has the authority to act on behalf of the governing body. It consists of the President, Vice President, Secretary, Treasurer, and Executive Director. The Committee may exercise the powers of the Board of Directors in the management of the business and affairs of the Foundation as specified in the resolution. There are no members of the Committee who are not also members of the Board of Directors.”

“The Form 990 is reviewed by the Treasurer of the organization and is presented to and reviwed by the full board. Members of the board are given a specific timeframe to provide comments and feedback on the Form 990 prior to filing.”

“On an annual basis, all board members are required to review and sign the conflict of interest policy. Any potential conflicts are discussed at board meetings. If an individual has a conflict they must abstain from voting on the matter.”

“There are no compensated positions in the organization. The Executive Director is compensated by the West Ada School District No. 2, an unrelated organization.”

“The organization makes documents available for public inspection upon request.”

“The Organization participates in the Public Employee Retirement System of Idaho, a defined benefit plan, due to the size and varied participants in this plan the actuarial value is not calculated on a per employee basis. The amount included in Column F for deferred compensation includes the actual contributions to the plan, but does not include any amount for a reasonable estimate of the increase in actuarial value.”