Children'S Museum of Eau Claire

“The organization does not have any committees that have authority to act on behalf of the governing body.”

“The completed form 990 is provided to the board prior to their monthly meeting for personal review by directors, then the return is discussed among the directors for board approval prior to filing the form 990 with the internal revenue service.”

“A foundation director who has a known material financial interest in a pending or proposed transaction or business arrangement involving the children's museum of eau claire foundation shall promptly disclose to the board the existence of the interest and other material information that the director may have regarding the transaction or arrangement. In addition, each director shall annually sign and submit to the foundation's executive commitee a statement disclosing all material financial interests, known to the director, of the director or a family member, in any outside entity with which the director knows the children's museum of eau claire foundation has or is considering a transaction or other business relationship, or affirming that the director knows of no such interest. Any individual with an actual or perceived conflict of interest shall recuse themselves from discussion of and voting on the matter to which the conflict relates.”

“The individual committees report back to the board, and then the individual committees reports are recorded in the board minutes.”

“The children's museum of eau claire foundation makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“The board may authorize any officer(s) or agent(s) to enter into any contract or execute or deliver any instrument in the name of and on behalf of the foundation and such authorization may be general or confined to specific instances. In the absence of specific designation, all instruments, including deeds, notices, mortgages, instruments or assignments, pledges, contracts, agreements or other documents made by the foundation shall be executed in the name of the foundation by the president or executive director. In the absence of one of these officers, the treasurer, or secretary may execute the instrument along with the president or executive director. When any document is executed by any two of the above designated officers, no other party to such instrument or any third party shall be required to make any inquiry into the authority of the signing officer or officers to execute such documents on behalf of the foundation. Such execution by said officers shall be acts of the foundation and binding upon it.”

“Transfer from children's museum of eau claire, inc 221,879.”