Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Client Note 1 | Client Note 1 - THE BETTY L. HUTTON TITLE HOLDING COMPANY, INC.FORM 199DECEMBER 31, 2014STATEMENT 12THE BETTY L. HUTTON TITLE HOLDING COMPANY, INC. IS A TAX-EXEMPTTITLE HOLDING COMPANY WHICH PAID ITS SOLE SHAREHOLDER, HUTTON FOUNDATION DBA HUTTON PARKER FOUNDATION, A DIVIDEND OF $1,305,000 IN ACCORDANCE WITH LAW (SEE ATTACHED 990, LINE 20-OTHER CHANGES IN NET ASSETS OR FUND BALANCE). |
| Form 990, Part VI, Line 11b: Form 990 Review Process | THE TAX RETURN IS REVIEWED FIRST BY THE CEO AND THE PRESIDENT. THE AUDIT COMMITTEE REVIEWS AND APPROVES THE COMPANY'S FORM 990. THE RETURN IS THEN FORWARDED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR THEIR REVIEW. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | There were no changes to salary from 2013 to 2014, with the exception of the allocation of the salary between the Betty L. Hutton Title Holding Co, Inc and its related entity, the Hutton Foundation, dba Hutton Parker Foundation. The committe reviewed the current Grantmakers Salary and Benefits Report published by the Council on Foundations. This was discussed and agreed upon at the Board's compensation committee meeting. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE COMPANY'S OFFICE. |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | DISTRIBUTIONS TO HUTTON FOUNDATION = -$796607 |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | DIVIDENDS PAID TO HUTTON FOUNDATION = -$1305000 |
| Software ID: | 14000265 |
| Software Version: | 2014v5.0 |