Mater Dei Monarch Foundation

“Did the organization have members or stockholders: the organization has members that have the powers to elect (by majority vote or consensus) more members of the board of directors.”

“Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body: the organization has members that have the powers to elect (by majority vote or consensus) more members of the board of directors. Governance decisions of the organization are reserved to (or subject to approval by) members of the board of trustees and directors.”

“Describe the process used by the organization to review this form 990: form 990 will be provided to the board members for review before filing.”

“Did the organization regularly and consistently monitor the conflict of interest policy: each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person has received a copy of the conflicts of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands the charity is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure the charity operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the charity's directors and members of its committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.”

“Describe how the organization makes its governing documents, conflicts of interest policy, and financial statements available to the public: documents are made available upon request. Please contact the secretary of the foundation.”