L Carl Goad Charitable Trust 1045000610

“Description of process for review the governing body, busey trust company as trustee, is responsible for the preparation of the form990. This form is prepared by employees of busey trust company and is reviewd by another member of the trust company prior to filing the return.”

“The organization is a charitable trust under section 4947(a)(1). Its trustee, busey trust company, as a separate organization does have a written whistleblower policy and a written cocument retention and destruction policy. Busey trust company regularly and consistently monitors and enforces compliance with these policies through employee education and representation. Associates are required to provide information in connection with regulatory exams regarding”

“The form 990 for the charitable trust is prepared by designated employees of the corporate trustee; it is reviewed and signed by other officer(s) prior to filing.”

“The corporate trustee has a written conflict of interest policy applicable to all situations where it acts as fiduciary. Busey trust company regularly monitors and enforces compliance through employee education and representation. Associates are required to provide information in connection with regulatory exams regarding any potential conflicts of interest, including other business, activities or the provision of services to the trust company individually or in its fiduciary capacity.”

“The l carl goad trust does not have compensated officers. The compensation for the trustee is set based upon a standard fee schedule used in assessing fees to all exempt organization clients, reported to the charitable beneficiary, approved by its board of directors and comparable to industry fee schedules in the area.”

“The l carl goad trust does not have compensated officers. The compensation for the trustee is set based upon a standard fee schedule used in assessing fees to all exempt organization clients, reported to the charitable beneficiary, approved by its board of directors and comparable to industry fee schedules in the area.”

“The documents and financial records are maintained at the offices of the corporate trustee, busey trust company at 201 w main st, urbana, il 61801. They can be viewed during normal business hours. The corporate trustee maintains conflice of interes policies that apply to the administration of this trust. All documents are provided directly to the charitable beneficiary upon request.”

“($463.19) taxable in current year posted after period end; $1138.03 posted for prior year; cost basis adjustment $207”