Foothill-De Anza Community Colleges Foundation

“The Executive Committee shall have and may exercise all powers and authority of the Foundation Board when the Foundation Board is not in session, subject only to such restrictions or limitations as the Foundation Board of Directors may from time to time specify; provided, however, the Executive Committee shall not have the authority to alter, amend or repeal the articles or Bylaws, or to appoint directors. Written reports of the actions of the Executive Committee shall be submitted to the Foundation Board of Directors at its next meeting following such actions; the Foundation Board shall review all actions of the Executive Committee at least once per year.”

“Dudley Andersen and Elaine Andersen - Family relationship”

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, the form 990 is distributed for review to the audit committee and then the finance & investment committee, with any changes or revisions incorporated into the filing. After their review, the foundation board has an opportunity to review the return prior to submission.”

“Each board member is required to sign the conflict of interest and form every year. The form is kept on file by the foundation office until the following year. The officers, directors, and the trustees are required to disclose all potential conflict of interests. Monitoring is performed regularly by the officers to identify potential conflicts of interest. The board reviews any conflicts presented by interested parties. The chairperson appoints a disinterested person or committee to investigate the transaction in question and report findings to the board. Alternatives to the proposed transaction are identified and compared to the proposed transaction. The board votes on the most beneficial option for the organization. If the board has reason to believe an interested person has failed to disclose the potential conflict, the board will investigate further and if necessary, take appropriate disciplinary and corrective action.”

“Compensation of officers, executive director, and other key employees is determined by the foothill-de anza community college district policies and salary schedule.”

“Compensation of officers, executive director, and other key employees is determined by the foothill-de anza community college district policies and salary schedule.”

“The foothill-de anza community colleges foundation policies and procedures are available on their website. They are also available for inspection in the foundation office.”

“(Expenses $ 2,451,364 including grants of $) THE FOUNDATION PLAYS A KEY ROLE IN ENSURING THE COLLEGES OFFER PROGRAMS THAT ALIGN WITH THE NEEDS OF THEIR DIVERSE STUDENT POPULATIONS. PROVIDING FUNDING FOR STATE-OF-THE-ART WORKFORCE PROGRAMS THAT EQUIP STUDENTS WITH THE SKILLS NEEDED FOR HIGH-DEMAND JOBS AS WELL AS SUPPORTING PROGRAMS THAT SUPPORT TRANSFER STUDENTS TO SEAMLESSLY TRANSITION TO FOUR-YEAR UNIVERSITIES.”