Bethany Lutheran Church Foundation

“The organization does not compensate any officers or key employees. Therefore, these lines were answered no in accordance with the instructions.”

“The members of the Foundation shall be all the voting members of the congregation of Bethany Lutheran Church in Cherry Hills Village, Colorado.”

“The voting church members of Bethany Lutheran Church are responsible for electing new members to the governing body (board members) annually for a three year term. Any board member may be removed at any time, with or without cause, by a vote of church members (members) by ballot at a duly called meeting of the members. In order to remove a board member, a vote of two-thirds of the members who are present at the meeting and eligible to vote must approve such removal.”

“The organization has no committees with authority to act on behalf of the governing body. Therefore, this line was answered no in accordance with the instructions.”

“Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The board convenes after the Form 990 is prepared. At this time, the governing body is given copies of the Form 990, and the Form is approved before it is filed with the IRS.”

“The conflict of interest policy is reviewed annually and each member is asked to complete the disclosure statement answering all questions relating to potential conflicts of interest. These are signed and dated, then reviewed by the BLCF Board Secretary and the accountant of Bethany Lutheran Church. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

“The governing documents, conflict of interest policy, and financial statements are available upon request from the Foundation's accountant.”