Wisconsin Public Education Action Fund

“Wisconsin alliance for excellent schools, inc. (waes) provides management services to wisconsin public education action fund and shares an executive director who has charge of the business and affairs of the action fund, subject to the direction and control of the board, and who sees that the resolutions and directives of the board are carried into effect except in those instances in which responsibility is assigned to some other person by the board.”

“Wisconsin alliance for excellent schools, inc. (waes) is the sole member of the organization.”

“Wisconsin alliance for excellent schools, inc. (waes) may appoint all or part of a proposed slate of candidates to serve as wisconsin public education action fund directors.”

“The following actions require the prior authorization or approval of waes, in its capacity as the sole member of the corporation: (a) merger, asset transfer, consolidation or dissolution of action fund; (b) amendment or restatement of the articles of incorporation or bylaws of the corporation; (c) the establishment, formation, acquisition, merger, consolidation or dissolution of any subsidiary corporation of the corporation; (d) the approval of aggregate borrowing. For the purpose of this subparagraph, the term "aggregate borrowing" means borrowings not previously included in the operating and/or capital budgets, and includes but is not limited to lease agreements and contracts for sale; (e) the appointment of the independent auditor and corporate counsel; (f) authorizations related to indemnification; (g) any action that would affect the tax-exempt status of waes; and (h) action on any matter that is determined to be under the control of the sole member under the articles of incorporation, these bylaws, or state law.”

“The form 990 is reviewed by the chair before it is filed with the irs.”

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