San Ramon Valley Education Foundation

“Form 990 is prepared by an outside tax professional. The treasurer reviews the tax returns and discusses with the outside tax professional. After a full review (with modifications where necessary), the final version of the tax return is provided to all members of the organization's voting body for review.”

“A committee of the board of directors reviews all potential conflicts of interest atleast annually. The executive director and all board members are required todisclose (in writing) potential conflicts and any related party affiliations. Loansbetween the organization and members of management and the board are strictlyprohibited. The organization seeks full transparency on all relationships. Anypotential conflicts (in fact or appearance) are discussed openly and resolved inaccordance with the organization's policies and procedures.”

“A committee of the board of directors reviews the compensation of all high-levelpersonnel annually in accordance with irs rules in order to determinecompetitiveness and appropriateness of salaries. Every effort is made to ensure thatthe process is thorough and transparent in accordance with irs guidelines and theorganization's policies and procedures.”

“Compensation of other personnel and key employees is reviewed at least annually bymembers of management. Efforts are made to secure compensation data from industrysources in order to determine competitiveness and appropriateness of salaries andall related benefits. All decisions are then documented in personnel files.”

“All of the organization's governing documents, financial statements and other legalfilings are maintained in a secure environment and held available for inspection bytax authorities and the general public. Tax returns are posted annually towww.guidestar.org (where it is available for viewing as an electronic copy) and arealso available at the organization's office in san ramon, california (for a physicalinspection).”