Ruth Cheatham Foundation College Fund

“Lindsay whtitemore and doug whittemore are board members and are also husband and wife. Lindsay whittemore and angie cheatham are board member and are siblings. Caren cheatham is lindsay whittemore and angie cheathams aunt.”

“The executive director and executive committee review a copy of the form 990 before it is filed. A copy of the form 990 is made available to the governing body upon request and the governing body is encouraged to review the form 990 prior to filing.”

“The board members of the ruth cheatham foundation certify that they have no affiliations with or involvement in any organization or entity with any financial interest (ie: honoraria; educational grants; participation in speakers bureaus; membership, employment, consultancies, stock ownership, or other equity interest; and expert testimony or patent-licensing arrangements), or non-financial interest (such as personal or professional relationships, affiliations, knowledge or beliefs) as a result of their voting position on the advisory board. In the event of a conflict, it should be recorded publicly (meeting minutes) and the board member in conflict should abstain from any vote where conflict of interest is in question. Failure to disclose a conflict of interest can be grounds for removal. From the ruth cheatham foundation board.all members of the scholarship committee are required to agree to and sign a conflict of interest document that they will notify the board of directors if they know or have any affiliated relationship with any of the scholarship applicants and will abstain from any vote where there is a conflict of interest.”

“The executive director and board of directors used a review of comparable salary data to review and set compensation of officers and staff.”

“The executive director since inception of trcf has chosen not to take a salary and work as a full-time volunteer. The services provided by the exectuive director are considered specialized services and covered all areas of the administation, fundraising, and program development of the organziaation. The estimated fair value of those services was $90,000. These services were not recognized as revenue per irs guidelines.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the general public upon request. The most recent forms 990 are available on www.ruthcheathamfoundation.org and charity websites such as guidestar.”

“Primary exempt purpose continued...the ruth cheatham foundation (trcf) helps close the educational gap for teen cancer survivors by offering college scholarships and essential educational support. This is crucial for their long-term success, as cancer often brings lasting financial, cognitive, and emotional challenges.”