Amc Cancer Research Center

“The Fund hired an independent contractor, 98 Beans, LLC, to perform the Chief Financial Officer duties through June 2014.”

“Changes to the AMC Cancer Research Center Bylaws approved on May 27, 2014: 1) Board of directors change from a minimum of nine and not to exceed thirty with two classes of Directors; University of Colorado Directors and Appointed Directors to consisting of all appointed directors of two to five as determined by the board. 2) Election and Term changed to annual terms with no limit to the number of terms. 3) Annual meeting is changed from February to July. 4) Quorum is changed from one-third to a majority immediately before a meeting begins. 5) Officers of the corporation are limited to a President, Secretary and Treasurer. 6) The Treasurer shall serve as the CFO of the corporation 7) No Ad Hoc, Executive or Nominating committees will be formed under the new bylaws”

“The Fund's Form 990 is provided to each member of the Board of Directors for review, comments and approval prior to its filing with the IRS.”

“The Fund's board members and employees complete and sign a conflict of interest disclosure statement on an annual basis.”

“The Executive Director's and other key position's (if applicable) compensation is determined based upon a review and recommendation by the Fund Finance Committee and subsequent approval by the Fund Board. The compensation is compared to similar positions at comparable-sized organizations. The compensation arrangements are detailed in written agreements signed by the Board Chair.”

“The Fund's governing documents including its conflict of interest policy and financials are available on the Colorado Secretary of State's website and/or upon request.”

“The Fund entered into a Transfer Agreement (the Agreement) with the University of Colorado and the University of Colorado Foundation (the CU Foundation), dated August 15, 2013 and amended May 27, 2014, in which the Fund transferred its fundraising programs, personnel, and program assets to the University of Colorado, effective May 31, 2014. Program assets include domain names registered to the Fund, software operated by the Fund in connection with the fundraising programs, trademarks owned by the Fund, all intellectual property, donor lists, computer and office equipment, furniture, any goodwill associated with the fundraising programs and all agreements, assignments and releases pertaining to the fundraising programs. Also effective May 31, 2014, the Fund ceased all business and operations, except the minimum activities required to carry out the terms of the Transfer Agreement. The Fund was required by the Agreement to make payments to the CU Foundation of all of its restricted funding by May 15, 2014. Any other restricted funds received by the Fund subsequent to that date are to be promptly transferred to the CU Foundation. The Fund's unrestricted funds (as defined) were due to the CU Foundation no later than June 30, 2014. Any other unrestricted funds received by the Fund subsequent to that date are to be promptly transferred to the CU Foundation. The Fund will hold back $70,000 of unrestricted funds from the transfer to administer its rights and obligations under the amended Transfer Agreement or pay for any expenses incurred prior to or in connection with the wind-up of its business and affairs or in connection with its dormancy during its dormancy period, which is to last no longer than three years from June 30, 2014.”