Td Jakes Foundation

“The detailed review of the Form 990 is conducted by the organization's external accountant and management following the preparation and review of the return by the organization's paid preparer. An electronic copy of the Form 990 is distributed to each board member for review prior to filing with the IRS.”

“In connection with any actual or possible conflict of interest, any interested person, which includes any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of 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. Procedures for addressing the conflict of interest a. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. In the event all members of the governing board or committee are interested persons, the governing board or committee shall obtain and examine comparable data on all proposed transactions or arrangements involving the possible conflict of interest or may employ the alternative option included below. C. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. D. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. E. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement. Alternative procedure for addressing the conflict of interest a. In recognition that all, or a significant portion, of the organization's governing body may be comprised of interested persons, this alternative procedure, as set forth below, may be used in those circumstances where the governing board or committee are unable to obtain comparable data or believe its ability to act in an objective manner is impacted, or may reasonably appear to be impacted, by the number of interested persons. B. If the members of the governing board or committee determine that all of them are unable, with respect to a particular transaction or arrangement, to act in a disinterested and objective manner, the directors or the governing board or committee may appoint a committee comprised of advisors to the organization, including the organization's accountants, attorneys, or other individuals as selected by the directors, to review any particular transaction or arrangement and make a recommendation to the governing body or committee with respect to the adoption of the particular transaction or arrangement. Such advice is not intended to relieve the governing body or committee from exercising its governance obligations but rather is intended to provide an objective review to assist the governing body or committee. Violations of the conflicts of interest policy a. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief a”

“The compensation of all officers of the Corporation is fixed from time to time by the Board of Directors. The Board of Directors may from time to time delegate to the President the authority to fix the compensation of any or all employees or agents of the Corporation.”

“Upon request”