Ospirg Foundation Inc.

“The organization's governing board has no committees.”

“The draft 990 is sent to all board members prior to the returns being finalized.”

“To monitor and enforce compliance with the conflict of interest policy, the organization requires all officers, directors and individuals with substantial influence over the organization to complete an annual statement disclosing to the board any business, contractual or financial relationships the person has with other corporations. In addition, said persons have an ongoing obligation to disclose to the board any financial interest, direct or indirect, that the person would gain from any particular transaction, contract or policy under consideration by the organization. The board must address potential conflicts on a case-by-case basis,conflicted persons must abstain from the deliberation of the transaction, and corporate records must be maintained.”

“The compensation committee will establish acceptable compensation packages after reviewing at least one of the following: 1) information about compensation paid by similarly situated tax-exempt organizations for similar services; 2) current compensation surveys compiled by independent firms; 3) actual written offers from similarly situated organizations. Documentation of the compensation deliberation and decision is kept on file.”

“No documents are made available to the public except for those that were included with the organizations form 1023 application for exempt status, which are made available upon request as indicated in line 18.”

“Citizen outreach expense: program service expenses 1,356. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,356. Organizational and programming services: program service expenses 2,204. Management and general expenses 6,613. Fundraising expenses 2,625. Total expenses 11,442.”

“All employees are paid by oregon state public interest research group, inc., under a common paymaster arrangement, and are shared with the filing organization.”