Acts Legacy Foundation Inc.

“Acts management services, inc., an affiliated entity, provides management services to pumh foundation, inc.”

“Peninsula united methodist homes, inc. ("pumh") is a delaware tax-exempt organization, of which acts retirement-life communities, inc., a related pennsylvania tax-exempt organization (through its wholly owned subsidiary acts acquisition company, llc) is the sole member. Pumh is the sole member of pumh foundation, inc.”

“Peninsula united methodist homes, inc., a related tax-exempt organization, is the sole member of pumh foundation, inc. As sole member, it has the right to elect the members of the organization's board.”

“Peninsula united methodist homes, inc., a related tax-exempt organization, is the sole member of pumh foundation, inc. As sole member, it has the right to amend the organization's articles of incorporation and bylaws.”

“After review by the acts' cfo and ceo, the form 990 is reviewed, before filing, by the acts board of directors' audit committee, which includes two certified public accountants. The form 990 is then provided to the other members of the pumh foundation's governing body before filing.”

“A conflict of interest questionnaire is completed on an annual basis by the organization's officers, directors and trustees. The responses are reviewed by the ceo and chairperson of the board of directors to determine if conflicts are present and if so, the extent of the conflict. For conflicts that arise, the officer, director or trustee must recuse themselves from participating in deliberations and decisions that involve the determined conflict.”

“It has been the company's practice under the auspices and direction of its management company to utilize an independent compensation consultant on an approximately biennial basis for the purpose of reviewing the compensation program for the organization's top management positions, ranging from the community managers up to the ceo. The study, the latest version of which was completed in 2012, includes comparison of not-for-profit and for-profit competitors, operating effectiveness, identification of industry specific trends or practices in compensation or recruitment/employment. Measurement and action are generally focused at the median and slightly above in accordance with levels identified in the study. The reports' findings are reviewed with the parent board officers. Compensation adjustments for the president & ceo are determined by a committee of independent board members appointed by the chairman and are based on the findings of the most recent study and a review of performance compared against objective criteria. This determination is reported to and approved by the board of directors and is documented in writing by the board chair. Similarly, compensation adjustments for the most senior members of management reflect study findings and performance measurement against specified criteria and are determined by the ceo and reviewed with the board chair.”

“The organization's governing documents and conflict of interest policies are filed with numerous regulatory authorities and therefore, are available to the public. In addition, upon receipt of a request and its review, the organization will make available such documents, as deemed appropriate. Audited financial statements are made available to the public.”

“Other compensation includes accruals for a deferred supplemental executive retirement plan for gerald t. Grant (non-vested) and j. Mark vanderbeck (non-vested).”

“Change in value of split interest agreements -3,321.”