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 OSUF. As sole member, the OSUF has the power to appoint the trustees of the Oregon 4H Foundation.”

“The sole member, the OSUF, also has the right to approve Oregon 4H Foundation bylaws changes.”

“A draft of the completed 990 is distributed to the finance committee members who review and approve the 990. The 990 is made available to the Board of Trustees for review and comment. After the comment period, the Form 990 is filed with the IRS.”

“At the beginning of each fiscal year, the Conflict of Interest Policy and the Code of Ethics are sent to every trustee. They are also asked to return a signed form indicating that 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, or situations, 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 Officers - 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 of Officers - N/A, The Oregon 4H Foundation does not have any compensated officers.”

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

“Program Service expenses: books, periodicals & subscriptions $660; dues and memberships $ 1,800; capital outlay - equipment $25,870; licenses and permits $100; maintenance & repair - equipment $1,031; maintenance & repair - miscellaneous $1,264; miscellaneous expense $20,785; public relations $12,492; rental & lease - miscellaneous $5,945; administrative gift fees $12,145; staff training $3,340; special program expense $2,500; transfer - interfund ($2,000); transfer - intrafund $407; transfer to/from endowment $425,000; rounding ($1) - TOTAL $511,338 Management and general expenses: capital outlay - building $390; capital outlay - equipment $13,033; maintenance & repair - equipment $5,104; maintenance & repair - building $3,838; maintenance & repair - miscellaneous $5,940; miscellaneous expense $320; rental & leases - equipment ($1,142); taxes $2,225; licenses and permits $100; public relations $631; board of trustee expenses $2579; special program expense $100; realized loss on investments $163,861; transfer - interfund $1,557; transfer - intrafund $24,974; transfer to/from endowment ($425,000) ; rounding ($1) - TOTAL ($201,489)”

“rounding adjustment ($3)”