Wider Path Home Foundation

“Dennis Hardiman and Meghan Handy share a family relationship. Several board members are also employees of Embrace Home Loans in 2023.”

“The tax return is reviewed and approved by the board of directors prior to filing.”

“Each director, principal officer and member of a committee with governing board delegated powers must annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy B. Has read and understands the policy C. Has agreed to comply with the policy and d. Understands the corporation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure the corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews are conducted. In connection with any actual or possible conflict of interest, an interested person 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 must leave the governing board or committee meeting while the remaining board or committee members decide if a conflict of interest exists. If a conflict exists, the interested person must leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. If appropriate, a disinterested person or committee is appointed to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee determines whether the corporation 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. 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 corporation'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.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The governing documents are made available to the public upon request.”

“The organization has not changed any processes from prior year.”