Tapfound Inc.

“The taproot board of directors all receive a copy of form 990 and it is discussed and reviewed at a board meeting prior to filing.”

“Directors and employees are committed to making a prompt, full and frank disclosure of his or her interest to the taproot foundation regarding any relationship or commitment that could affect the impartial fulfillment of their roles in the affairs of the taproot foundation. Antecedent affiliations and indirect associations also warrant disclosure. Such disclosure shall include all relevant and material facts known to such person about the contract or transaction that might reasonably be construed to be adverse to the taproot foundation's interest. The body to which such disclosure is made shall thereupon, by majority vote, whether the disclosure shows that a conflict of interest exists or can reasonably be construed to exist. If a conflict is deemed to exist, such person should abstain from decision-making actions, including not voting on, nor using personal influence on, nor being present during the discussion or deliberations with respect to, such contract or transaction other than to present factual information or to respond to questions prior to discussion. If such an instance occurs at a board meeting, the minutes of the meeting shall reflect the disclosure made, the vote thereon and, where applicable, the abstention from voting and participation.”

“We have official yearly reviews which focus on performance and include externally and internally benchmarking the salary for the position. We use available non profit organization focused compensation reviews available in ny and sf or salary.com as well as review of information on idealist.org to compare the salary we are considering. Hr produces the benchmarking information. The ceo is in charge of approving, indirectly via the budget if not a direct report, all salaries. We do this review for all positions every year.”

“The organization makes its governing documents and conflict of interest policy available upon request. The organization's financial statements are available on its website.”

“The oversight process has not changed from the prior year.”