| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | IN THE SPRING BOARD MEETING, THE BOARD APPROVED AN AMENDMENTS TO THE BYLAWS TO MAKE THE LANGUAGE MORE CONCISE AND SIMPLIFIED, WITH NO SUBSTANTIVE CHANGE TO CONTENT. IT WAS APPROVED TO ADJUST THE ARTICLES OF INCORPORATION TO COORDINATE WITH THE BYLAWS. IN THE FALL, ANOTHER MOTION WAS APPROVED TO AMEND THE BYLAWS TO STATE THAT AN INDIVIDUAL MAY SERVE ON THE BCSP BOARD IF THEY HAVE NOT SERVED ON THE FOUNDATION BOARD FOR AT LEAST 3 YEARS. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS REVIEWED BY FINANCE DEPARTMENT MANAGEMENT AND THE CEO AND IS THEN POSTED TO A SECURE EXTRANET FOR REVIEW BY THE BOARD OF DIRECTORS. EACH BOARD MEMBER RECEIVES AN EMAIL TO INFORM HIM/HER THE DOCUMENT HAS BEEN POSTED FOR REVIEW AND/OR COMMENTS PRIOR TO FILING WITH THE IRS. AFTER ALL COMMENTS ARE CLEARED, FORM 990 IS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | EVERY JANUARY, ALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM LISTING ANY POSSIBLE CONFLICTS OF INTEREST FOR THE UPCOMING YEAR. IF ANY POTENTIAL CONFLICTS ARE LISTED, THE BOARD PRESIDENT REVIEWS THE ACTIVITY TO DETERMINE IF A CONFLICT EXISTS. IF A CONFLICT IS DETERMINED TO EXIST, PROPER ACTION IS TAKEN. AT THE BEGINNING OF EACH MEETING OF THE BOARD OF DIRECTORS, THE PRESIDENT OR PAST PRESIDENT REMIND PARTICIPANTS OF THE FIDUCIARY AND ANTI-TRUST POLICIES. |
| FORM 990, PART VI, SECTION B, LINE 15 | DEPENDING UPON WHETHER THIS IS A NEW OR EXISTING EMPLOYEE, THE INDIVIDUAL'S EXPERIENCE AND/OR PRIOR PERFORMANCE IS COMPARED TO THE SALARY RANGE FOR THE POSITION. OUTSIDE (INDEPENDENT) SALARY SURVEYS ARE ALSO USED IN THE PROCESS TO DETERMINE SALARIES AND SALARY RANGES FOR POSITIONS. |
| FORM 990, PART VI, SECTION C, LINE 18 | UPON REQUEST |
| FORM 990, PART VI, SECTION C, LINE 19 | UPON REQUEST |
| FORM 990, PART XII, LINE 2C | THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. |
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