Foundation in Support of Educational Excellence Inc.

“Sobieda cruz amelia lagurre family steve heller brenda heller family peter phillips shirley phillips family”

“The foundation has no commitees that act in behalf of the governing body.”

“The foundation has its form 990 prepared by an outside accounting firm and has established the following review provess to ensure that the information reported is complete and accurate. After the form 990 has beem prepared, it is reviewed by the treasurer and secretary before it is filed with the irs.”

“The board of directors adopted a policy on conflicts of interest and reviews that policy from time to time to ensure that it provides appropriate guidance and protections. The policy includes, at a minimum, (i)a definition of the circumstance that constitutes a conflict of interest;(ii) procedures for disclosing a conflict of interest to the audit committe or, if there is no audit committee, to the baord; (iii) a requirement that the person with the conflict of interest not be present at or partcipate in board or committee deliberation or vote on the matter giving rise to such conflict; (iv) a prohibition against any attempt by the person with the conflict to influence imprperly the deliberation or voting on the matter giving rise to such conflict; (v) a requirement that the existence and resolution of the conflict be documented in the foundation's records, including the minutes of any meeting at which the conflict was discussed or voted upon; and (vi) procedures for diclosing, addressing, and documenting related party transactions in accordance with the new york not-for-profit corporation law. The conflict of interest policy requires that prior to the initial election of any directors, and annually thereafter, such director shall complete, sign and submit to the secretary of the foundation a written statement identifying, to the best of the direcotrs knowledge, any entity of which such director is an officer, director, trustee, member, owner either as sole proprietor or a partne), or employee abd with which the foundation has a relationship, and any transaction in which the foundation is a participant and in which the director might have a conflicting interest.the ploicy requires that each director resubmit such written statement. The secretary of the foundation will provide a copy of all completed statements to the chair of the audit commitee or, if there is noaudit commitee, to the chair of the board or if none, then to the president of the board of directors.”

“The foundation makes its form 990 availoable for public inspection as required under section 6104 of the irs code. The return is also posted to guidestar.org and othe similar sites. In addition, the conflict of interest policy, articles of incorporation and by-laws are also available upon written request or by calling the organization directly.”