Interfaith Peace-Builders

“The finance committee performs a detailed review of the form 990 in draft. A final form 990 is then prepared, reviewed, and consented to by the full board of directors.”

“Each board members signs a conflict of interest statement annually, affirming that s/he: has received a written copy of the ifpb conflict of interest policy, has read and understands the policy, and has indicated that s/he is in compliance with the policy and/or has disclosed and potential conflicts of interest. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed. The remaining board or committee members shall use its regular decision-making process to decide if a conflict of interest exists. To address any conflicts of interest that exists, the interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the decision-making process on, the transaction or arrangement involving the possible conflict of interest. He chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a consensus of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.”

“Compensation for all employees, including the managing director, is reviewed by the board's personnel committee and is based on a review of non-profit salary surveys and performance.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to public upon request.”