Arbutus Foundation Inc.

“The board hired marion koltun as consulting executive director to manage day to day operations for the arbutus foundation.”

“At this time, arbutus' board is small and does not have a committee structure, so has no committees with authoirty to act on behalf of the board.”

“The draft form 990 is first reviewed by the executive director and arbutus foundation's general counsel. The form is then submitted to the board for review before approval and filing.”

“The organization has a conflict of interest policy which applies to the corporation's directors, officers, and key employees ("covered persons"). Each covered person is required to acknowledge, not less than annually, that he or she has read and is in compliance with the policy. When a covered person becomes aware of a proposed covered transaction, he or she has a duty to take the following actions: (a) immediately disclose the existence and circumstances of such covered transaction in writing, either to the corporation's board of directors (the "board") or any authorized committee thereof; (b) refrain from using his or her personal influence to encourage the corporation to enter into the covered transaction; and (c) physically excuse himself or herself from participation in any discussions regarding the covered transaction with directors, officers, and employees of the corporation and at meetings of the board or authorized committee thereof, except to respond to requests for information about the covered transaction. In order to assist the corporation in identifying potential covered transactions, each covered person is required to annually complete a disclosure statement, and to update such statement as necessary to reflect changes during the course of the year. Completed disclosure statements are available for inspection by any member of the board and may be reviewed by the corporation's legal counsel. The board is responsible for the following: (a) reviewing disclosure statements or reports regarding same; (b) receiving disclosures of proposed covered transactions; (c) reviewing proposed covered transactions to determine whether they meet the standard for approval of covered transactions; and (d) keeping, or causing to be kept, minutes and such other documentation as may be necessary and appropriate to document the review of covered transactions.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“Artistic fees: program service expenses 131,768. Management and general expenses 0. Fundraising expenses 0. Total expenses 131,768. Writer fees: program service expenses 39,851. Management and general expenses 0. Fundraising expenses 0. Total expenses 39,851. Production design and development: program service expenses 184,766. Management and general expenses 0. Fundraising expenses 0. Total expenses 184,766.”