Wyoming Community Foundation

“The chief financial officer emails and/or mails a copy of the form 990 to all directors for review. Shortly thereafter, and before the form 990 is filed, a conference call that is open to the entire board of directors is held. This call gives all directors a chance to ask questions and voice any potential concerns before the form 990 is finalized and filed with the irs.”

“Upon acceptance as a member of the board of directors, all new members mustreview the conflicts of interest policy and complete a conflicts ofinterest disclosure form. Annually at its third quarter board meeting, allboard members are asked to update their conflicts of interest disclosureform. Further, at every meeting of the full board or its committees, theboard chair and committee chairs ask all present whether they have aconflict with respect to items on the agenda and remind attendees of theircontinued obligation to disclose any potential conflict. Any such conflictis noted in the meeting minutes and that person is recused from thatparticular agenda topic and any motion / vote on the topic.”

“The board of directors approved the hiring of a professional employerorganization at is december 2011 board meeting for the 2012 fiscal year.this peo organization was paid to conduct an independent salary survey forall staff positions including the president. The finance committeeconsidered all staff salaries for 2012 when reviewing and approving theannual operating budget by considering the results of the salary survey andeach staff memeber's current year performance.the board of directors approved the hiring of a professional employerorganization at is december 2011 board meeting for the 2012 fiscal year.this peo organization was paid to conduct an independent salary survey forall staff positions including the president. The finance committeeconsidered all staff salaries for 2012 when reviewing and approving theannual operating budget by considering the results of the salary survey andeach staff memeber's current year performance.”

“The foundation posts links to information on its website. Also, anyone may call or e-mail in requests for this information at anytime and foundation staff will make any of this information available either electronically or in hard copy.”