The Lesley Foundation

“A draft of the form is distributed to the board of directors for approval prior to submission.”

“Organization receives signed document from members that certifies no conflicts of interest occurred.”

“The Organization has a policy that requires the analysis of compensation of the Executive Director on at least an annual basis. The salary shall be compared to equivalent organizations based on mission, budget size, job description and demands, or other factors specified by the Board of Directors. Based on the analysis, the Board shall conclude on whether the Executive Director's compensation is appropriate. Such analysis shall be documented and filed in the Corporation's records.”

“The financial statements, governing documents, and policies are all available upon request.”

“Other program services 4: lesley towers, llc - 198-unit project providing low-income housing for seniors”

“Main and arnold senior housing, inc. And the ocean view foundation, related parties, utilize the staff of the lesley foundation. On an ongoing basis, main and arnold senior housing, inc. And the ocean view foundation reimburse the lesley foundation for payroll and benefit costs. All required payroll tax remittance and reporting is performed by the lesley foundation.the lesley foundation is the single member of lesley towers, llc, a disregarded entity. As a result, the balances and activities of lesley towers, llc, are included in these information returns as a division of the lesley foundation.”

“Continued from part iii, line 1 (b) to plan, construct, operate, maintain, rehabilitate, alter, convert, and improve housing for seniors and related facilities and services for senior families and persons; (c) to acquire by gift or purchase, hold, sell, convey, assign, mortgage or lease any property, real or personal, necessary or incident to the provisions of housing and related facilities and services for senior families and persons;(d) to borrow money and issue evidences of indebtedness in furtherance of any or all of the objects of its business, and to secure loans by mortgage, deed of trust, pledge or other lien; (e) to apply for, obtain and contract with any federal agency for a direct loan or loans or other financial aid in the form of mortgage insurance or otherwise for the provision of housing and related facilities and services for the elderly; and (f) to engage in any kind of activities, and to enter into, perform and carry out contracts of any kind, necessary or in connection with, or incidental to the accomplishment of any one or more of the charitable purposes of the corporation.”