The Giving Back Fund Inc

“The draft form 990 is reviewed and approved by the governing body and legal counsel prior to being filed with irs.”

“Each director, officer, employee and volunteer shall be provided with asked to review a copy of this policy and to acknowledge in writing that he or she has done so. Annually each director, officer, employee and volunteer shall complete a disclosure form identifying any relationships, positions or circumstances in which he/she is involved that he or she believes could contribute to a conflict of interest. Such relationships, positions or circumstances might include service as a director of or consultant to another non-profit organization, or ownership of a business that might provide goods or services to the giving back fund. Any such information regarding the business interests of a director, officer, employee or volunteer, or a family member thereof, shall be treated as confidential and shall generally be made available only to the chair, the executive director, any committee appointed to address conflicts of interest, except to the extent additional disclosure is necessary in connection with the implementation of this policy. This policy shall be reviewed annually by each member of the board of directors. Any changes to the policy shall be communicated to all staff and volunteers.”

“The board of directors approves the compensation of the president and any officer on an annual basis.”

“Available upon request and also available for a physical inspection upon request.”

“The organization charges a management fee to the various funds held. Approximately 1.4m in management fees was earned during 2022. These fees are expended to support the organizations management and general expenses of the organization.”

“Consultants: program service expenses 7,090,160. Management and general expenses 163,188. Fundraising expenses 18,000. Total expenses 7,271,348. Outside services: program service expenses 2,656,380. Management and general expenses 500. Fundraising expenses 0. Total expenses 2,656,880. Professional fees: program service expenses 92,259. Management and general expenses 2,100. Fundraising expenses 5,000. Total expenses 99,359. Fundrasing fees: program service expenses 16,597. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,597.”

“Process has not changed from the prior year.”