Wave Property Inc

“Directors shall be nominated by the president of pepperdine university and designated by the chairman of the board of regents of pepperdine university. Changes in the directors shall be reported to the executive committee of the board of regents of pepperdine university. Each director shall hold office for a term of three years or such shorter term as may be specified by the chairman of the board of regents of pepperdine university at the time of designation. Form 990, part vi, line 8b - committee with authority to act the organization had no committees with authority to act on behalf of governing body.”

“Wave property, inc's form 990 is prepared by a paid preparer. Once completed, it is reviewed by an officer of the organization. A full copy of form 990 is then electronically distributed to the entire board prior to filing with the internal revenue service.”

“Wave property, inc. Is a subsidiary of pepperdine university. All officers and directors are either employed by or are regents of pepperdine university. Pepperdine university has a written conflict of interest policy, whistleblower policy and document retention and destruction policy in place which applies to these individuals.”

“Compensation all officers and compensated directors are compensated by pepperdine university. Since the organization did not compensate the individuals directly, the responses for lines 15a and 15b have been answered no.”

“Wave property, inc. Is a subsidiary of pepperdine university. The organization does not have separate policies, and it follows pepperdine university's policies. The organization's financial statements were audited as part of the consolidated financial statements of pepperdine university. The university's financial statements are available via the university's website. The university does not make its conflict of interest policies and governing documents available to the public upon request.”