2024 Sample Annual Trustee Statement
I, _______________________________________________________, the Trustee of the Kling‑League Foundation Trust verify that:
- I have read and understand this Trust’s Conflict-or-Interest policy that is set forth in Article Twelfth of the Declaration of Trust document;
- I will comply fully with the Trust’s Conflict-or-Interest policy;
- I understand that this trust is charitable and in order to maintain its federal tax exemption it must engage primarily in activities that accomplish one or more of its tax-exempt purposes;
- In the past year, I have had no beneficial private interests arising from the disposition of the trust fund assets;
- I approved all compensation arrangements (for the Trustee, all employees and all private contractors) in advance of paying compensation;
- All approved compensation arrangements (including the dates and terms of such arrangements) have been documented in writing;
- All compensation arrangements were approved based on compensation paid by similarly situated tax-exempt organizations for similar services;
- The information and the source of the information upon which I based my compensation decisions are documented in writing.
Signed
Trustee ____________________________________________ Date_____________________
2025 Sample Annual Trustee Statement
I, _______________________________________________________, the Trustee of the Kling‑League Foundation Trust verify that:
- I have read and understand this Trust’s Conflict-or-Interest policy that is set forth in Article Twelfth of the Declaration of Trust document;
- I will comply fully with the Trust’s Conflict-or-Interest policy;
- I understand that this trust is charitable and in order to maintain its federal tax exemption it must engage primarily in activities that accomplish one or more of its tax-exempt purposes;
- In the past year, I have had no beneficial private interests arising from the disposition of the trust fund assets;
- I approved all compensation arrangements (for the Trustee, all employees and all private contractors) in advance of paying compensation;
- All approved compensation arrangements (including the dates and terms of such arrangements) have been documented in writing;
- All compensation arrangements were approved based on compensation paid by similarly situated tax-exempt organizations for similar services;
- The information and the source of the information upon which I based my compensation decisions are documented in writing.
Signed
Trustee ____________________________________________ Date_____________________
