Genesis Capital Improvements Foundation Inc

“The corporation has four directors on the Board of Directors. Two of these directors are appointed by Adventist Health System/West and two are appointed by Pacific Union Conference of Seventh-day Adventists. There must always be at least four appointed directors, with two from each supported organization. When an appointed director's term ends, or if they resign or are removed, the organization that appointed them will choose their replacement, following certain qualifications. Any appointed director can be removed at any time, with or without cause, by the organization that appointed them. The Board may remove any elected board members by majority vote. Replacement directors are nominated according to specific procedures in the Bylaws, and any director elected by the board can also be removed by a majority of the current directors.”

“This Form 990, including all supporting schedules, was prepared by a public accounting firm, reviewed by the Chief Financial Officer and shared by electronic communication with the Board of Directors prior to filing.”

“During the first quarter of each year, the annual conflict of interest questionnaire is sent to board members, corporate officers, key employees, and department directors for completion and signature. The questionnaire is accompanied by a letter of explanation to illustrate examples of a conflict and remind the recipient that if any perceived conflict should arise before the next annual questionnaire, he/she is to notify the President immediately. The statements for the Organization's Board of Directors are reviewed by the KPMG auditors as part of the annual financial statement audit. All conflicts are reviewed by the Adventist Health System/West Chief Legal Officer/General Counsel. For potential conflicts, the Adventist Health System/West Chief Legal Officer/General Counsel will determine and present all relevant facts to the governing body for decision. After addressing any questions asked by the governing body, the person with a declared conflict must leave the meeting during the discussion of the matter that involves a conflict and during any vote on the matter.”

“The Organization does not make its governing documents publicly available beyond required filings of Articles of Incorporation with the Secretary of State. The Organization does not make its Conflict of Interest Policy available to the public. The financial statements are available upon request.”

“Other Purchased Services: Program service expenses 4,304,332. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,304,332.”