Stella H Oaks Charitable Foundation

“For a portion of the year, the organization had 19 directors. On september 21, 2020, 16 of those directors were removed, leaving a board of directors of three persons, none of whom are related to one another. A small minority (four) of the original directors are related to stella h. Oaks, a single mother whose example has inspired countless other single mothers: merrill and evelyn oaks moody(children), kristen oaks (daughter-in-law), and amy oaks long(granddaughter).”

“Evelyn oaks moody kristen oaks director director siblings-in-law merill oaks kristen oaks director director siblings-in-law merill oaks amy oaks long director director parent-child merrill oaks evelyn oaks moody director director siblings”

“The organizations form 990 was prepared by the organizations cpa in consultation with the organizations board chair. It was reviewed in detail by the organizations board chair for accuracy and reasonability. A complete copy of the form 990 was provided to the organizations board of directors before it was filed.”

“The organization has a written conflict of interest policy. As part of onboarding, each director or employee is required to review the conflict of interest policy and disclose any potential conflicts of interest. Potential conflicts of interest are considered when the board is taking action or the organization is entering into transactions. If a member of the board of directors has a conflict of interest on a matter, the director will be recused from deliberation and voting related to that matter.”

“During the year, the organization did not compensate a ceo, executive director, or top management official. However, the organization has established a compensation-setting process which includes compensation being determined by individuals who are independent of the management official, reference to salary surveys and other data comparability tools to ensure a reasonable amount of pay, and contemporaneous documentation of the deliberation and determination of compensation.”

“The organizations governing documents, conflict of interest policy, and financial statements are available upon request to the organizations office. In addition, the organizations 990s for the past several years are available through guidestar.org and the organizations articles of incorporation are available through the utah department of commerce division of corporations and commercial code.”

“The mission of the stella h. Oaks foundation is to provide scholarships that enable single mothers to receive the education and skills training they need to fulfill their educational goals, enter the workforce, and support their children.”