Perry Technical Foundation

“The organization has one member, harriet i. Perry trust, who retains all voting rights.”

“Harriet i. Perry trust can elect new board members when the number of board members increases in size.”

“The 990 was reviewed and approved by the board of trustees of j.m. Perry institute of trades industries and agriculture who oversee the operations of the foundation.”

“The conflict of interest policy is communicated through the employee handbook on an annual basis. The president goes through the policy with the office staff and department heads annually when the handbook is updated. The board of directors for the foundation also have a conflict of interest policy that is reviewed and signed by the board and is updated annually.”

“The organization uses the Washington State and Federal wage databases, as well as the public information on wages from state colleges, to determine the appropriate wage level of the management official.”

“The organization makes it's governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Included in other changes in net assets are transfers and operating expenses paid by j.m. Perry institute of trades industries and agriculture, a related party and beneficiary organization. Transfers and reimbursements include: office supplies 4,723 printing 5,754 small equipment 870 postage 4,717 dues & subscriptions 6,263 alumni activities 643 professional services 1057 promotional expense 498 memorial costs 23 travel & entertainment 1798 training expenses 475 salaries 64,041 payroll expenses 4,916 employee benefits 644 cell phone stipend 82 foundation transfers -42,944 equipment transfers -2,570,137 total $-2,516,577”

“Transfers to j.m. Perry institute of trades industries and agriculture-net -2,516,577.”

“The organization made no changes to the oversight process or selection process during the year.”