Bill and Vieve Gore Endowment Fund

“The Bill and Vieve Gore Endowment Fund (the "Gore Endowment Fund") tax return is completed by the Director of Budget, and reviewed by the Managing Director of Financial Affairs and the Treasurer of the Gore Endowment Fund. Once completed, the documents are reviewed by the Audit and Risk Management Committee and submitted electronically to the Gore Trustees. Once the trustees have reviewed - the return is transmitted electronically to the IRS.”

“The Treasurer of the Bill and Vieve Gore Endowment fund will collect Statements of Disclosure from all trustees, officers, and key employees each year. The Audit and Risk Management Committee of Westminster College will review each Statement of Disclosure for actual or potential conflicts of interest, including, but not limited to, the following factors: Solicitation or acceptance of gifts, gratuities, free travel, or other items of value that could create the appearance of a conflict or an expectation of special treatment in Gore Endowment matters; Incidents of abuse or misuse of an individual's position for personal or third-party gain or benefit; Use of the Gore Endowment's staff, services, equipment, materials, resources, orproperty for personal or third party gain, or representing to third parties that one's authority as a trustee, officer, volunteer, or key employee is more extensive than it is in actuality; Situations where a trustee, officer, or key employee may be divided between personal interests or the interests of anothcr organization and the best interests of the Gore Endowment; Engagement in business, professional conduct, or other activities that may be directly or indirectly adverse to the interests of the Gore Endowment; and,Any arrangements in which a trustee, officer, or key employee provides goods or services to the Gore Endowment as a paid vendor or outside service-provider.The Audit and Risk Management Committee may request additional information from any trustee, officer, or key employee at any time. While an individual's relationships or activities are under review, the individual may not deliberate, debate, or vote until a determination is made.”

“The following records of the Bill and Vieve Gore Endowment Fund are available for public inspection and copying, upon request: Exemption Letter Audited Financial Statements for the three fiscal years prior to the date of the request Tax filings Form 990 for the three fiscal years prior to the date of the request Conflict of Interest Policy Trust AgreementTo make a request to inspect and/or acquire a copy of these records, contact the Managing Director of Financial Affairs, Office of Administrative Services, at 801-832-2133.”

“The Bill and Vieve Gore Endowment Fund does not have any paid personnel.”

“Investment income has been restated to reflect the new instructions as provided in Part XI, Reconciliation of Net Assets specifically for line 5, Net unrealized gains (losses) on investments.”

“OTHER PROGRAM SERVICES 4: Business Building: To maintain, repair and operate the Gore School of Business building and surrounding grounds. OTHER PROGRAM SERVICES 5: College Development: To provide unrestricted funds to promote and expand the growth and development of the College.”

“Non-independent Trustee: * President Stephen Morgan is both an officer for a related organization, Westminster College, and trustee for the Bill and Vieve Gore Endowment Fund. His first day as trustee was 06/01/15.”

“The Bill and Vieve Gore Endowment Fund does not have any paid personnel.”