Oregon 4-H Foundation

“The Oregon State University Foundation (OSUF) is the only member of the Oregon 4H Foundation.”

“The Oregon 4H Foundation has a sole member, the OSU Foundation. As sole member, the OSU Foundation has the power to appoint the trustees of the Oregon 4H Foundation.”

“A draft of the completed return is distributed to the audit committee members who make recommendations to the foundation. The audit committee then performs a final review and approves the 990. The approved tax return is made available to the Board of Trustees and is posted to the secured trustees website. The approved tax return is then filed with the IRS.”

“At the beginning of each fiscal year, the Conflict of Interest Statement and the Code of Ethics are sent to every trustee. They are asked to return a signed form indicating they have read, understand, and agree to abide by these documents. They are also asked to return a signed document stating whether or not there are potential conflict of interest transactions and if so, to declare those potential conflicts. All signed responses are kept on file at the Oregon 4H Foundation office. The Board of Trustees is provided with a list of individuals declaring potential conflicts of interest.”

“Compensation Process for Top Officials - N/A, the Oregon 4H Foundation does not have a CEO. The Executive Director for the Oregon 4H Foundation is employed by a related tax-exempt organization, the OSUF. The Oregon 4H Foundation reimburses compensation related costs, as disclosed on Schedule R. The compensation process for the Oregon 4H Foundation Executive Director position is determined by the OSUF. A description of the applicable process is disclosed on the OSUF Form 990. ----------Compensation Process for Officers - N/A, The Oregon 4H Foundation does not have any compensated officers or key employees.”

“Governing documents, Conflict of Interest Policy and financial statements are made available to the public upon request.”

“PROGRAM SERVICE REVENUE: Photography $599; Professional - Other $32,022; Credit card/bank fees $448; Services - Other $14,672 - TOTAL $47,741 MANAGEMENT/GENERAL: Credit card/bank fees $199; Services - Other $19 - TOTAL $218”

“PROGRAM SERVICE EXPENSES: Books/Periodicals/Subscriptions $2,007, Building Rental/Maint $12,461, Camp Operations Expenses $959, Computer Hardware $15,895, Conferences and Training $124,138, Construction & Improvements - Building $20,000, Equipment Rental/Maint $2,929, Licenses and Permits $140, Minor Office Equipment $20,062, Realized Endowment Gain/Loss $276,379, Rentals & Leases $12,059, Special Program Expense $44,954, Supplies $49,065, Taxes $375, and Telephone/Internet $708 - TOTAL $582,131 MANAGEMENT/GENERAL EXPENSES: Books/Periodicals/Subscriptions $41, Equipment Rental/Maint $480, Miscellaneous Other $573, Licenses and Permits $50, Rentals & Leases $140, Supplies $1,903, Taxes $1,220, Telephone/Internet $1,640, and Trustee and Board Expenses $2,554 - TOTAL $8,601 FUNDRAISING EXPENSES: Conferences and Training $386 - TOTAL $386”

“Distribution of endowment earnings ($352,181), Inter/Intrafund transfers $52,815, unfulfilled pledges $3,685, rounding $1 - TOTAL ($295,680)”