Minnesota Wild Foundation

“Craig leipold, brad bombardir, darby hendrickson, pam wheelock, amy woog-patnode, rachel schuldt and jeff pellegrom have a business relationship with each other.”

“The member of wild gp acquisition, llc who holds, directly, or indirectly, a majority of the voting interests of wild gp acquisition, llc ("foundation principal") has the power to appoint the directors of the board prior to the annual meeting. In addition, any director may at any time be removed with or without cause by the foundation principal.”

“The foundation's executive director, senior accounting manager, and treasurer review a draft of the form 990 and then present a final draft to the board before filing with the irs.”

“The organization's board members, officers, and executive director are all subject to a conflict of interest policy that requires decision-making on any transaction that would affect their "material financial interest" to be affected only by action of the entire board, with only directors who are independent of the party participating in the action and with notice of conflict/subject given in advance. The question of whether an individual has a conflict/"material financial interest" are decided by the board, not including in such deliberations (or vote) the party whose potential conlict is at issue.”

“The human resources director for the mn wild hockey club did a comparability study and gathered data to establish compensation for rachel schuldt, executive director of the foundation. The results of the study were reviewed by the board chair and treasurer of the foundation, and the board approved the budget, including the compensation.”

“The foundation's governing documents, conflict of interest policy, and financial statements are not available to the public. The foundation's form 990 is available to the public upon request or at guidestar.org.”