Lange Foundation

“After a draft of the Form 990 has been prepared by the outside preparer, a draft of the Form 990 is reviewed by the President and other Board members. Before the Form 990 is filed with the Internal Revenue Service, a copy of the final Form 990 is forwarded to all Board members.”

“The organization regularly and consistently monitors and enforces compliance with their conflict of interest policy by requiring that any potential conflict transactions be approved by a majority of the disinterested members of the organization's Board of Directors who determine that the potential conflict transaction is in the best interests of the organization. When a conflict transaction is discussed by the Board, the Board minutes specifically disclose the matters discussed, the Board members present at the meeting, whether and how each Board member voted. Any time a potential conflict transaction is discussed by the Board, the "conflicted" individual does not participate at all in the Board discussions, deliberations or vote.”

“The organization does have a process for determining the compensation of Officers and key employees if such were compensated. The Board would evaluate the compensation of executives at animal welfare organizations of similar size, function and location and independently determine a reasonable compensation amount.”

“The organization makes its governing documents (Articles of Incorporation / Bylaws / Tax Exemption Application / Determination Letter), conflict of interest policy and audited financial statements available to the public by maintaining copies of all such documents at their principal place of business. Additionally, the organization posts their most current Form 990 and their audited financial statements on their web site.”

“During the applicable tax year, the organization did not change its oversight process or selection process regarding their independent auditors.”