Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| (A)
TNTP INC |
133850158 | 2 | Yes | 166,993 | 0 | |
| (B)
UNIVERSITY OF INDIANAPOLIS |
350868107 | 2 | Yes | 60,000 | 0 | |
|
Total 2
|
226,993 | 0 | ||||
Calendar year
(or fiscal year beginning in)
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(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2021 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2021 |
(iii) Distributable Amount for 2021 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2021 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2021 (reasonable cause required-- explain in Part VI). See instructions. |
||||
| 3 Excess distributions carryover, if any, to 2021: | ||||
| a From 2016....... | ||||
| b From 2017....... | ||||
| c From 2018....... | ||||
| d From 2019....... | ||||
| e From 2020....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2021 distributable amount | ||||
|
i
Carryover from 2016 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2021 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2021 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2021, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
6
Remaining underdistributions for 2021. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
7 Excess distributions carryover to 2022. Add lines 3j and 4c. |
||||
| 8 Breakdown of line 7: | ||||
| a Excess from 2017..... | ||||
| b Excess from 2018..... | ||||
| c Excess from 2019..... | ||||
| d Excess from 2020..... | ||||
| e Excess from 2021..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| PART IV, SECTION A, LINE 6 | THE MIND TRUST GAVE GRANTS TO THE FOLLOWING ORGANIZATIONS: 74 MEDIA, INC. 31,250.00 ALLISON BURGESON 5,000.00 - FOOTNOTE 1 ADELANTE SCHOOLS INC. 25,000.00 ALLEGIANT PREP ACADEMY 102,522.00 ASPIRE HIGHER FOUNDATION 25,000.00 BELIEVE SCHOOLS, INC. 38,441.00 BOYS AND GIRLS CLUB OF INDIANAPOLIS 25,000.00 BRANDON JOHNSON 5,000.00 - FOOTNOTE 1 BROOKSIDE COMMUNITY DEVELOPMENT CORPORATION 23,000.00 BUTLER UNIVERSITY 45,675.00 CENTER FOR INNOVATIVE EDUCATION SOLUTIONS, INC. 134,500.00 CHARTER SCHOOL GROWTH FUND 450,000.00 CHRISTEL HOUSE ACADEMY, INC. 25,000.00 CIRCLE CITY PREPARATORY, INC. 420,000.00 DIVAS HONORING DIVAS 5,000.00 EDISON SCHOOL OF THE ARTS 250,000.00 EMPOWERED FAMILIES, INC. 634,229.49 ENROLL INDY, INC. 500,000.00 ESCALA FOUNDATION INC. 5,000.00 GLOBAL PREPARATORY ACADEMY 50,000.00 HERRON CLASSICAL SCHOOLS 510,500.00 INDIANAPOLIS PUBLIC LIBRARY FOUNDATION 100,000.00 INDIANAPOLIS PUBLIC SCHOOLS 125,000.00 INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION 250,000.00 INSTITUTE FOR QUALITY EDUCATION INC 250,000.00 JESSICA DE LA CRUZ 5,000.00 - FOOTNOTE 1 KIPP INDIANAPOLIS, INC. 260,000.00 LATINX EDUCATION COLLABORATIVE 10,000.00 LIBERTY GROVE SCHOOLS, INC. 903,500.00 MARIAN UNIVERSITY 175,250.00 MELANATED LEADERS INC. 122,500.00 MILES OF SMILES DAYCARE 10,000.00 MONARCA ACADEMY 790,182.82 MORALES MARKETING LLC 5,000.00 MOMS OF INDIANAPOLIS MELANATED BOYS (ACORN VILLAGE EDUCATION SERVICES)15,000.00 MULTILINGUAL EDUCATION REFORM COLLECTIVE OF INDIANAPOLIS LLC 5,000.00 PARAMOUNT SCHOOLS OF EXCELLENCE 582,500.00 PHALEN LEADERSHIP ACADEMIES - INDIANA 129,000.00 PORCHIA GREEN 5,000.00 - FOOTNOTE 1 PURDUE POLYTECHNIC HIGH SCHOOL OF INDIANAPOLIS 35,750.00 RELAY GRADUATE SCHOOL OF EDUCATION 331,500.00 RESURRECTION OUTREACH CONSULTING FIRM LLC 5,000.00 RISE UNITED 100,000.00 ROOTED SCHOOL INDIANAPOLIS 608,000.00 SELINA TILLMAN 5,000.00 - FOOTNOTE 1 SHEPHERD COMMUNITY CENTER, INC. 27,500.00 STAND FOR CHILDREN LEADERSHIP CENTER, INC. 550,000.00 STARFISH INITIATIVE 10,000.00 VICTORY COLLEGE PREP 83,000.00 TEACH FOR AMERICA (NY)168,750.00 TEACH PLUS, INC. 150,000.00 TEACH INDY 511,096.00 CATCH THE STARS FOUNDATION, INC. 30,000.00 THE LINKS INCORPORATED 10,000.00 WEATHERHOUSE COMPANY LLC 5,000.00 URBAN ACT ACADEMY 31,687.50 ABIGAIL JULIET BOUWMA 2,000.00 - FOOTNOTE 1 ADAM BOGS 2,000.00 - FOOTNOTE 1 ANDREW VANDERMEER 2,000.00 - FOOTNOTE 1 ANNETTE MURDOCK-WOOLDRIDGE 2,000.00 - FOOTNOTE 1 BROOKE ARNETT-HOLMAN 2,000.00 - FOOTNOTE 1 CAROL STONE 2,000.00 - FOOTNOTE 1 CHRISTINA FRANZ 2,000.00 - FOOTNOTE 1 CONNOR STAATS 2,000.00 - FOOTNOTE 1 COURTNEY WALSON 2,000.00 - FOOTNOTE 1 DANIELLE WARD-ROBINSON 3,500.00 - FOOTNOTE 1 JAMES WINGETT 2,000.00 - FOOTNOTE 1 JUAN CAHUE 2,000.00 - FOOTNOTE 1 KARINA CALVILLO 2,000.00 - FOOTNOTE 1 KELLY TOTLEBEN-MARTIN 2,000.00 - FOOTNOTE 1 KEVIN MELROSE 2,000.00 - FOOTNOTE 1 KRISTIN KEOUGH 2,000.00 - FOOTNOTE 1 LYDIA WALKER 2,000.00 - FOOTNOTE 1 MAKAYLA IMRIE 2,000.00 - FOOTNOTE 1 MATTHEW KRULIK 4,000.00 - FOOTNOTE 1 SARAH TERRELL 2,000.00 - FOOTNOTE 1 TREVOR RENWICK 2,000.00 - FOOTNOTE 1 TYLIE MENDOZA-ROBERTSON 2,000.00 - FOOTNOTE 1 INDY EASTSIDE COMMUNITY HOLISTIC OUTREACH CORPORATION 4,000.00 SOCIETY OF ST VINCENT DE PAUL ARCHDIOCESAN COUNCIL OF INDIANAPOLIS INC 2,000.00 TIFFANY LINZA 2,500.00 - FOOTNOTE 2 A & E PUBLICATIONS LLC 4,000.00 CHRISTAMORE HOUSE INC 3,500.00 H.E.R. LIVING CAMPUS, LLC 2,500.00 CENTER FOR LEADERSHIP DEVELOPMENT 2,000.00 JEANINE JOHNSON 1,000.00 - FOOTNOTE 2 URBAN YOUTH MINISTRY OF GREATER INDIANAPOLIS INC. 4,250.00 RENISHA MCCARTER 1,500.00 - FOOTNOTE 2 TARYN THOMAS 3,500.00 - FOOTNOTE 2 SHAILA MULHOLLAND 2,000.00 - FOOTNOTE 2 THE PATH SCHOOL 2,000.00 JAMYA LIGGINS-FISHER 4,500.00 - FOOTNOTE 2 RECONSTRUCTION US, INC. 4,900.00 TINDLEY ACCELERATED SCHOOLS 3,000.00 MARLIN JACKSON 3,000.00 - FOOTNOTE 3 JENNA MURRAY FIT & HEALTHY LLC 1,000.00 AUTISM BEHAVIOR CHILDCARE LEARNING CENTER LLC 3,000.00 FOOTNOTE 1 - THE INDIVIDUALS LISTED ABOVE WITH FOOTNOTE 1 RECEIVED EDUCATOR ASSISTANCE OR TEACHER OF THE YEAR AWARDS FROM THE MIND TRUST IN FISCAL YEAR 2022. THESE AWARDS WERE MADE TO INDIVIDUALS TO ENCOURAGE TEACHER RETENTION BY SUPPORTING TEACHERS' CONTINUING EDUCATION AND HONORING EXCELLENT TEACHING IN INDIANAPOLIS IN THE 2021-2022 SCHOOL YEAR. FOOTNOTE 2 - THE INDIVIDUALS LISTED ABOVE WITH FOOTNOTE 2 RECEIVED LITERACY FUND AWARDS FROM THE MIND TRUST IN FISCAL YEAR 2022. THE AWARDS WERE USED TO SUPPORT LITERACY SOLUTIONS FOR FAMILIES IN INDIANAPOLIS IN FISCAL YEAR 2022. FOOTNOTE 3 - THE INDIVIDUAL LISTED ABOVE WITH FOOTNOTE 3 RECEIVED A SCHOOL COMMUNITY PARTNERSHIP INVESTMENT FROM THE MIND TRUST IN FISCAL YEAR 2022. THE AWARD WAS USED TO SUPPORT THE MARLINJ28 PROGRAMS TO PROVIDE SERVICES TO INDIANAPOLIS SCHOOLS TO ENCOURAGE STUDENTS TO STAY ON TRACK IN SCHOOL AND COMPLETE HIGH SCHOOL AND PURSUE POST-SECONDARY OPPORTUNITIES. |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE MIND TRUST'S MISSION IS TO PROVIDE EVERY INDIANAPOLIS STUDENT ACCESS TO AN EXCELLENT EDUCATION BY AMPLIFYING THE POWER OF NEIGHBORHOODS AND COMMUNITIES TO LEAD EDUCATION CHANGE, SUPPORTING SCHOOLS TO GROW AND EXCEL IN A THRIVING EDUCATION ECOSYSTEM, AND DISRUPTING SYSTEMIC RACISM IN EDUCATION. THE MIND TRUST STRIVES TO ENSURE INDIANAPOLIS IS A CITY WHERE EVERY CHILD HAS ACCESS TO AN EXCELLENT EDUCATION, IN PURSUIT OF A DAY WHEN RACE AND INCOME ARE NO LONGER PREDICTORS OF LIFE OUTCOMES BY TRIPLING THE NUMBER OF STUDENTS WITHIN INDIANAPOLIS PUBLIC SCHOOLS GEOGRAPHY WHO ARE ACADEMICALLY PROFICIENT BY 2027. USING 2021 AS A BASELINE, THE MIND TRUST'S OVERARCHING GOAL IS TO ENSURE THAT AT LEAST THREE TIMES AS MANY STUDENTS ARE ACADEMICALLY PROFICIENT BY 2027. THE MIND TRUST EXECUTES ON THIS GOAL BY CONTINUOUSLY PURSUING RACIAL EQUITY; ENSURING STUDENTS HAVE ACCESS TO HIGH-QUALITY SCHOOLS AND EDUCATORS; EMPOWERING FAMILIES AND COMMUNITIES; AND SUSTAINING A STRONG EDUCATION LANDSCAPE IN INDIANAPOLIS. |
| FORM 990, PAGE 2, PART III, LINE 4A | THE MIND TRUST OPERATES THREE INCUBATORS - THE INNOVATION SCHOOL FELLOWSHIP, THE CHARTER SCHOOL FELLOWSHIP, AND THE EDUCATION ENTREPRENEUR FELLOWSHIP - THAT HELP GROW HIGH QUALITY PUBLIC SCHOOLS AND EDUCATION NONPROFITS IN INDIANAPOLIS. THE INNOVATION SCHOOL FELLOWSHIP HELPS LAUNCH INNOVATION NETWORK SCHOOLS, AUTONOMOUS PUBLIC SCHOOLS WITHIN THE INDIANAPOLIS PUBLIC SCHOOLS, THE CITY'S LARGEST SCHOOL DISTRICT, AND THE MIND TRUST'S EDUCATOR EMPOWERMENT AWARDS HELP HIGH-PERFORMING SCHOOLS CONVERT TO INNOVATION NETWORK SCHOOL STATUS. THROUGH ITS CHARTER SCHOOL FELLOWSHIP, THE MIND TRUST HELPS LAUNCH OR EXPAND EXCELLENT PUBLIC CHARTER SCHOOLS, AUTONOMOUS SCHOOLS THAT OPERATE INDEPENDENTLY OF THE SCHOOL DISTRICT AND ARE FREE FROM MANY STATE REGULATIONS, ALLOWING THEM TO BE MORE INNOVATIVE AND FLEXIBLE IN THE CLASSROOM. THE EDUCATION ENTREPRENEUR FELLOWSHIP LAUNCHES INNOVATIVE, HIGH-QUALITY NONPROFIT EDUCATION ORGANIZATIONS THAT ADDRESS SPECIFIC CHALLENGES FACING LOCAL SCHOOLS AND STUDENTS. THE MIND TRUST AMPLIFIES THE VOICES OF COMMUNITIES TO ADVOCATE FOR EDUCATIONAL EQUITY AND CHANGE BY ESTABLISHING AND ENHANCING PARTNERSHIPS WITH COMMUNITY MEMBERS AND ORGANIZATIONS TO ADDRESS BARRIERS FOR MARGINALIZED STUDENTS. TO SUPPORT AND ENGAGE THE COMMUNITY, THE MIND TRUST AWARDS SCHOOL COMMUNITY PARTNERSHIP INVESTMENTS TO INCREASE PARTNERSHIPS BETWEEN K-12 PUBLIC SCHOOLS, COMMUNITY-BASED ORGANIZATIONS, NONPROFITS, AND CHURCHES IN INDIANAPOLIS. THE MIND TRUST ALSO HOSTS COMMUNITY CONVERSATIONS, EDUCATION TOURS, AND OTHER EVENTS TO EXPOSE INDIANAPOLIS LEADERS AND STAKEHOLDERS TO THE ISSUES FACING PUBLIC SCHOOLS IN INDIANAPOLIS. THE MIND TRUST IS COMMITTED TO A CONSTANT PURSUIT OF RACIAL EQUITY WITH A FOCUS ON ELIMINATING THE PREDICTABILITY OF RACE IN DETERMINING A STUDENT'S ACADEMIC SUCCESS. THIS FOCUS AND COMMITMENT ARE INTEGRATED THROUGHOUT THE MIND TRUST'S PRIORITIES GIVEN ITS CENTRAL IMPACT ON STUDENT LEARNING. THE MIND TRUST OFFERS INDIANAPOLIS EQUITY COHORTS, WITH SEPARATE TRACKS FOR SCHOOLS AND SCHOOL NETWORKS AND NONPROFITS THAT ALLOW PARTICIPANTS TO EXAMINE BIAS IN STAFF HIRING AND RETENTION PRACTICES, AND BUILD CAPACITY TO LEAD THEIR ORGANIZATIONS' DIVERSITY, EQUITY, AND INCLUSION WORK. THE MIND TRUST ALSO WORKS TO MAINTAIN AND STRENGTHEN THE CONDITIONS FOR STUDENT SUCCESS THROUGH POLICY, ADVOCACY, EFFECTIVE SYSTEM-LEVEL SOLUTIONS, AND COLLABORATION WITHIN THE EDUCATION SECTOR. THE MIND TRUST IS A FUNDING INTERMEDIARY AND LOCAL CHAMPION FOR ENTREPRENEURIAL EDUCATION VENTURES IN INDIANAPOLIS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | LINE 11B THE MIND TRUST'S FORM 990 AND ALL RELATED SCHEDULES, STATEMENTS AND ATTACHMENTS ARE REVIEWED AND APPROVED BY THE FINANCE AND AUDIT COMMITTEE AND THE FULL BOARD OF DIRECTORS PRIOR TO FILING THE RETURNS WITH THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | LINE 12C THE MIND TRUST'S CONFLICT OF INTEREST POLICY COVERS ALL EMPLOYEES, OFFICERS, AND DIRECTORS OF THE MIND TRUST. THE MIND TRUST'S BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF ALL DISCLOSURES OR FAILURES TO DISCLOSE CONFLICTS OF INTEREST AND FOR TAKING APPROPRIATE ACTION IN THE CASE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TRANSACTION. THE MIND TRUST'S DIRECTOR OF FINANCE AND OPERATIONS REVIEWS THE ANNUAL CONFLICT OF INTEREST DISCLOSURE FORMS COMPLETED BY EMPLOYEES, DIRECTORS AND OFFICERS OF THE MIND TRUST'S BOARD OF DIRECTORS, AND AS NECESSARY, THE MIND TRUST'S OUTSIDE COUNSEL, IN DETERMINING IF A CONFLICT EXISTS. IF AN EMPLOYEE, OFFICER OR DIRECTOR HAS A CONFLICT, HE OR SHE IS EXCLUDED FROM DELIBERATIONS AND DECISIONS RELATED TO THE ISSUE. |
| FORM 990, PAGE 6, PART VI, LINE 15A | ANNUALLY, THE MIND TRUST'S COMPENSATION COMMITTEE REQUESTS THE CEO COMPLETE A WRITTEN SELF-ASSESSMENT AND PROVIDE THE SELF- ASSESSMENT TO THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE REQUESTS FEEDBACK FROM CURRENT AND/OR RECENT EMPLOYEES, AS WELL AS OTHER BOARD MEMBERS, AS APPROPRIATE ON AN ANONYMOUS BASIS TO SOLICIT THEIR INDIVIDUAL INPUT ON THE CEO'S PERFORMANCE. THE COMPENSATION COMMITTEE CONFERS TO DETERMINE PERFORMANCE FEEDBACK AS WELL AS ANY CHANGES TO THE CEO TO RELAY THAT FEEDBACK AND ANY COMPENSATION CHANGE. THE COMPENSATION COMMITTEE COMMUNICATES THE PROCESS AND OUTCOME TO THE BOARD OF DIRECTORS AND SENDS WRITTEN NOTIFICATION TO THE MIND TRUST'S ADMINISTRATION OF ANY ADJUSTMENT IN COMPENSATION, EFFECTIVE JULY 1, OF ANY GIVEN YEAR. |
| FORM 990, PAGE 6, PART VI, LINE 15B | IN APRIL AND MAY OF 2021, THE MIND TRUST CONDUCTED A COMPENSATION STUDY FOR THE HIGHLY COMPENSATED EMPLOYEES INCLUDED ON PART VII OF THE 990. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE MIND TRUST, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS, AS APPLICABLE, AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST MADE TO THE ATTENTION OF ITS CEO AND RECEIVED AT ITS CORPORATE OFFICE. |
| FORM 990, PART IX, LINE 11G | CONSULTING 4,680,159 76,268 16,642 |
| Software ID: | |
| Software Version: |