Williamstown Community Chest

“The governing board is provided a draft of the 990 prior to submission. The treasurer and executive director review the document and provide a detailed summary to the board of directors at a regularly scheduled meeting.”

“In the year reported, the executive directors compensation was approved by a vote of the board of directors upon a recommendation from the personnel committee. The recommendation for a salary adjustment was made following a performance review, which included input from the board of directors, and in consultation with the treasurer in regard to budgetary constraints.”

“The Organization serves a small local community policies and financial information are provided upon request. Financial statements and state and federal filings are also available through Guidestar and through the Massachusetts Attorney Generals online database of Public Charities Annual Filings.”

“Prior to any discussion of funding for member agencies or deliberation on special grant requests, each member of the committee reviewing the applications discloses any possible conflict of interest. Committee members with conflicts of interest recuse themselves from discussion and the vote on the application under consideration. The recommendations from the committees to the full board include notation of recusals, if any. Reports of votes on these recommendations also note if any member recused themselves.”

“The Williamstown Community Chest strengthens our community by mobilizing resources for Organizations that assist our neighbors in need. This is accomplished through an annual fundraising effort in our community and every dollar contributed is distributed to seventeen local human service agencies making one-time grants for emergency needs or special projects sponsoring community activities including an annual Fun Run and a family-appropriate movie at our local cinema participating in and supporting local events and collaborating with other Organizations serving Northern Berkshire County, as public health guidance allows.”

“The Organizations committee that assume responsibilty for oversight of the audit of its financial statement and selection of an independent accountant has not changed its policy or procedures.”