Vose River Charitable Fund

“Director/officer brian c. Castrucci and secretary/treasurer ariel c. Moyer have a business relationship with director james b. Sprague because they are employed by an organization of which he is also a director.”

“De beaumont foundation ceo and board chair and the current big cities health coalition president have standing appointments on the vrcf board of directors.”

“Vrcf has no board committees.”

“The board chair and secretary/treasurer conduct a detailed review of the form 990 before it is filed. A copy of the filed return is shared with the full board.”

“The board of directors and secretary/treasurer are asked to disclose any conflicts or potential conflicts annually in writing. If a conflict is disclosed and/or identified, the board determines if the director in question must recuse him/herself from any relevant decision(s)/vote(s).”

“The organization was recently established. Documents will be made available upon request.”

“The organization's governing documents, conflict of interest policy and financial statements will be made available upon request.”

“Enterprise community partners inc: program service expenses 175,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 175,000. Civitas public affairs: program service expenses 60,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 60,000. Gorenflo consulting, inc: program service expenses 34,537. Management and general expenses 0. Fundraising expenses 0. Total expenses 34,537. Burness communication: program service expenses 30,733. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,733. De beaumont foundation: program service expenses 90,678. Management and general expenses 0. Fundraising expenses 0. Total expenses 90,678. David lofye consulting, llc: program service expenses 12,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,000.”

“Basis of accounting the organization's financial statements have been prepared on the modified cash basis of accounting, which is a comprehensive basis of accounting other than generally accepted accounting principles. That basis differs from generally accepted accounting principles in that revenues are recognized when received instead of when they are earned, and expenses are recognized as paid instead of when incurred.”