The Swedish Program in Organizational Studies and Public Policy Inc

“The organization made significant changes to its organizational documents to the following articles: article ii - the educational goal has been updated to develop an understanding of how social organizations and public policy in sweden address economic, political and social issues relevant to all western industrialized societies. Article iv, section 3 - the annual meeting changed to be held no later than six months after the completion of the preceding fiscal year. Article iv, section 10 - added a requirement that written consents must be executed by the trustee with a signature and electronic transmissions of the consent must be sent via electronic mail. Article iv, section 11 - trustees who are not present at a vote due to a conflict of interest or related party transaction are now considered to be present. Additionally, purchases of real property or any sale, mortgage, lease, exchange or other disposition of real property must be approved by majority vote of the board (2/3 vote is required when such transactions involve all or substantially all of the corporation's assets). Article v, section 1 - executive director has been updated to be president. Article v, section 2 - employees can only serve as chair of the board or have similar responsibilites if 2/3 of the board approves. Article v, section 4 - now begins with "to the extent permitted by new york law." article vi - stockholm university has been updated to be stockholm school of economics. Article viii, section 1 - the annual report must be presented at the board of trustee's annual meeting by the president and the treasurer, instead of being sent to the trustees. Article ix - "if such contract complies with federal and state law and the conflict of interest policy adopted by the board of trustees" has been added.”

“Minutes of all meetings of the board are maintained.”

“Our formal policy is to distribute a draft copy of the complete form 990 and all attachments to the board of trustees in advance of a board meeting. The board reviews, questions, comments, and provides any other feedback or suggested amendments to the president.”

“Each trustee, officer, and key person shall annually sign and submit to the secretary of the corporation a statement which affirms such person: (a) has received a copy of this policy, (b) has read and understands the policy, and (c) has agreed to comply with the policy.”

“The board of trustees reviews the salary of the president and uses comparable data from other non-profits as well as compensation data from the bureau of labor statistics. In addition, a biennial compensation audit is performed by an accounting firm and presented to the board of trustees.”

“In brochures and upon request.”

“Foreign currency translation adjustment -16,106.”