Utah Sports Commission Foundation

“Form 990 is reviewed by management and the audit committee prior to issuance.”

“We require that all Board Members sign a Code of Conduct Agreement, providing assurance that they have read and understand our Code of Conduct Policy and agree to abide by its terms. Part of this agreement requires disclosure of conflicts of interest. Furthermore, we require that board members with a conflict of interest recuse themselves from voting.”

“The Compensation Committee meets as needed to review, adjust or approve the CEO's compensation. They typically look at several metrics to determine the appropriateness of CEO compensation, with performance, tenure, IRS guidelines and industry compensation comparatives being some of the metrics they take into consideration. The CEO's compensation may not be changed or altered without approval of the Compensation Committee.”

“Available to public upon request.”

“Korn Ferry Tour Utah Championship - The Utah Sports Commission, as a 501(c)(3) entity, contracts directly with the PGA TOUR to act as host organization for the Korn Ferry Tour's Utah Championship, the only official PGA TOUR event hosted in the state of Utah. The tournament gives Utah golf fans their only opportunity to watch the future stars of the PGA TOUR firsthand and generates millions of dollars of economic impact and media exposure to the state and many of its local communities. Support for the tournament comes primarily from national, state, and local sponsors in the form of cash and in-kind donations. Notable Utah Championship alumni include Tony Finau, John Daly, Bubba Watson, Zach Johnson, and Cameron Champ. Over the past five years, the tournament has donated more than $400,000 to Utah based charities such as the Huntsman Cancer Foundation, the Tony Finau Foundation, and the local chapter of the Boys and Girls Club.”

“Sports events, TV advertising, promotion and marketing - The sports competitions and events that the Utah Sports Commission partners with serve as valuable economic impact and image building drivers, especially those that provide national and international television exposure. By showcasing Utah's awe-inspiring landscapes to a broad audience, the organization more effectively targets key tourism demographics through strategic advertisements, brand associations, and calls to action. Additionally, because major sports competitions tend to be followed by significant television coverage, digital, social, and other media assets, the organization actively pursues these types of events as part of its marketing and branding strategy. By leveraging the media assets associated with some of the world's most pre-eminent sporting events, the organization is better able to promote and brand Utah as, "Utah: the State of Sport," while cementing Utah's status as a premier destination for world class international, national, and Olympic related sports competitions.”