Hawaii Pacific University

“During intervals between meetings of the board, and subject to such limitations as may be required by law or specifically imposed by actions of the board, the executive committee shall have and may exercise all of the powers of the corporation and delegate to other committees such of its powers and duties as it deems appropriate. The officers of the board, who are also trustees, and the chairs of the standing committees, constitute the executive committee. The chair of the board serves as the chair of the executive committee. The secretary of the board serves as the secretary of the executive committee. During the tax year, the executive committee did not exercise its authority to act on behalf of the board.”

“Trustees james polk and raymond vara have a business relationship.”

“Form 990 and supporting work-papers are prepared and reviewed internally by staff and management, including the cfo of the organization. The final form 990 is then reviewed by the audit committee, an independent committee of the board of trustees. The audit committee approves the form 990 prior to filing, which approval will be documented in the committee minutes. The form 990 will be made available to all trustees prior to filing.”

“Each trustee is required to complete a conflict of interest questionnaire annually disclosing actual or potential conflicts of interest for review by the audit committee of the board of trustees. Trustees with any actual or potential conflicts may not vote on matters with which they may have a conflict. Officers and employees are required to disclose annually and whenever appropriate, actual and potential conflicts of interest. All conflicts are resolved in accordance with hawaii pacific university's written conflict of interest policies.”

“The compensation committee of the board of trustees evaluated and approved the executive compensation of the president and other officers based on comparable data obtained from an independent executive compensation consulting firm specializing in higher education. The compensation committee reviewed the compensation analysis for the president in relation to its compensation philosophy, board expectations, and any adjustments recommended. The president reviewed the compensation of other officers based on the compensation survey and made recommendations to the compensation committee for approval. Decisions were documented in the minutes of the compensation committee. This process was last completed on august 13, 2019.”

“Hawaii pacific university makes its governing documents and conflict of interest policy available upon request. The university's financial statements are not made available to the public.”

“The following individuals served as non-voting members of the board of trustees and were not compensated for their services: martin anderson, steven baker, michael chun, john lockwood, henry rice, james romig, and allen zecha.”