The Willows Foundation Inc.

“Describe the process the organization uses to review form 990. Management reviews the form 990 before filing.”

“Describe the process the organization uses to enforce and monitor compliance with its conflict of interest policy. Employees are expected to avoid any relationship or activity that might impair, or even appear to impair, their ability to make objective and fair decisions when performing their jobs. At times, an employee may be faced with situations in which business actions taken on behalf of the willows may conflict with the employee's own personal interests. The willows' property, information or business opportunities may not be used for personal gain. Conflicts of interest could arise in the following circumstances: -being employed by, or acting as a consultant to, a competitor or potential competitor, supplier or contractor, regardless of the nature of the employment, while employed with the willows. -hiring or supervising family members or closely related persons. -serving as a board member for an outside commercial company or organization. -owning or having a substantial interest in a competitor, supplier or contractor. -accepting gifts, discounts, favors or services from a customer/potential customer, competitor or supplier, unless equally available to all company employees. -performing outside work on the willows' property. Employees with a conflict-of-interest question should seek advice from management. Before engaging in any activity, transaction or relationship that might give rise to a conflict of interest, employees are expected to seek review from the administrator, their direct supervisor, and/or the willows' osha compliance and safety officer. Periodically, the willows will assess the present status of conflicts of interest through a survey or questionnaire.”

“Describe the process for determining compensation of the organization's officers or key employees. The organization worked with an outside consultant, winnie strohmeyer, to help with executive director compensation. She provided comparable data and assisted the board in making decisions about the executive director's pay. Our outside consultant, winnie strohmeyer, also assisted the organization in providing comparable compensation data for all of our employees within our organization to assist management in making compensation decisions.”

“Describe how the organization makes its governing documents, conflict of interest policy, and financial statements available to the public. Available upon request.”

“In march 2020, congress passed the paycheck protection program (ppp) authorizing loans to small businesses for use in paying employees that they continue to employ throughout the covid-19 pandemic and for rent, utilities, and interest on mortgages. Loans obtained through the ppp are eligible to be forgiven as long as the proceeds are used for qualifying purposes and certain other conditions are met. On january 31, 2021, the organization received a loan in the amount of $281,712 through the ppp. On june 11, 2021, the small business administration (sba) approved forgiveness of the ppp loan advance in full. The foundation recognized income from the forgiveness of the ppp loan advance during the year ended september 30, 2021.”