The Marc Foundation

“Board member Wilford A. Cardon and Board member Craig A. Cardon are related, as defined by the IRS definition of a relative.”

“COPA Health, Inc COPA is the sole member of the filing organization and COPA appoints the board members to serve on the filing organizations board. At all times, the Directors and Officers of COPA will be the Directors and Officers of the Organization.”

“The following acts require approval from the Sole Member 1 Amendments to the Organizations Bylaws, and 2 Borrowing money from any lender.”

“Copies of the 990 and all related schedules are sent out to the entire Board of Directors of COPA Health, Inc. COPA for review. Any questions the Board might have are directed back to the Chief Financial Officer of COPA. The 990 is then discussed at a full board meeting and approved by the COPA Board of Directors.”

“Enforcing agency policy on conflicts of interest is the responsibility of COPA Health, Inc.s audit committee. This committee dedicates one meeting per year to 1 Ensure all conflict of interest statements have been received, 2 Ensure conflicts are fully understood and implications discussed and disposition agreed upon, 3 Ensure that board members with conflicts, if any, follow policy with respect to voting on matters that they may have a conflict with, and 4 Recommend enhancements to existing forms, policies, and training related to conflicts of interest.”

“The Organization does not currently have any paid officers or employees. However, a compensation policy is in place that would require the Board as a whole, as the Executive Committee, to review the compensation of all officers by comparing their compensation to compensation of individuals in like positions, in like organizations using Form 990, compensation studies, and other available data. The Board or Committee would then approve any changes in compensation based on this information.”

“The Organization will provide in a timely manner, copies of all policies, procedures, annual financial audits, and Forms 990 when requested in writing or in person.”

“The Organization did not issue any Forms 1099. The payments for the services were paid through Marc Community Resources Inc. MRC, or COPA Health, Inc, COPA and therefore these organizations issued the Forms 1099 directly. The Organization reimbursed MRC and COPA for these service payments.”

“The board of directors has an Enterprise Risk, Audit, and Finance Committee that is tasked to oversee the consolidated financial statement audit and select the independent auditor.”