Association of Fundraising Professionals

“The executive committee shall consist of all the officers of the association. The executive committee shall have and may exercise, subject to subsequent approval of the board, all the powers of the board when necessary between meetings of the board, partnering with the president and chief executive officer to identify committee chairs and members, ensuring the annual evaluation of the president and chief executive officer's performance and excepting the power to fill vacancies within the board or the executive committee. All actions of the executive committee shall be reported to the board during its next succeeding meeting.”

“Members and affiliates of the association shall also be associates of the association's chartered chapters located in the city or region in which they reside or have their principal place of business. Where there is no chapter established within a distance specified by the board from time to time, of a member's or affiliate's residence or place of business, individuals may become members at-large. Members and affiliates may be associated with more than one chapter consistent with criteria established from time to time by the board.”

“Manner of election of directors the nominating committee shall recommend for election a slate of directors and officers for as many persons as there are directorships and officer positions to be filled. The names of the persons selected by the nominating committee and, if the committee shall so choose, a brief biographical sketch of each, shall be sent to the membership at least 15 days prior to election. The afp membership elects the proposed board slate during an open election. The officers of the association shall be elected by a majority vote of the members of the board following the presentation of a slate of nominees prepared by the nominating committee. Such elections shall take place at the annual meeting of the board.”

“The bylaws may be amended at any duly constituted meeting of the board. A two-thirds affirmative vote of the directors present and voting shall be required for passage of any proposed amendment to the bylaws. Bylaw amendments shall be in writing and shall be distributed by the board to the membership for ratification within the 180 days of adoption by the board. All amendments must be ratified by a majority vote of the votes cast by the voting members of the association in good standing, before the amendments can be effective.”

“Through a board resolution, the afp board of directors have granted authority to the afp audit committee to review the form 990 before filing. The 990 is reviewed by afp management prior to making it available to the entire board. This process takes place prior to the filing of the 990.”

“All board members and officers of association of fundraising professionals are covered by the written conflict of interest policy. The policy is explained in detail at the annual orientation meeting of new board members and at the first board meeting of each year. Each board member and officer must sign a conflict of interest form annually. A transaction between afp and members of the boards and staff, or related entity, is acceptable provided that all material facts have been disclosed and, except in the case of a charitable gift, the terms, conditions and consideration involved are commercially fair and reasonable. Any proposed activity that present or may be a conflict of interest, shall be presented to the president/ceo or his/her designee and approved, in advance, by the board. At the beginning of each board meeting, the chair asks for board members to divulge any potential conflicts. The board then adjudicates how to proceed on each (if any) conflict that was revealed.”

“The office of the president committee, an independent body who determines the president & ceo's compensation, is made up of the 5 members of the afp global executive committee (chair, chair-elect, immediate past chair, treasurer and secretary). The office of the president committee uses an independent consulting firm to provide comparability executive compensation data for organizations of similar size, scope and membership. The evaluation committee, who evaluates the president & ceo's performance, is made up of the above 5 executive committee members plus the chairs of the afp foundation for philanthropy - us, afp foundation for philanthropy - canada and afp canada. The executive committee reviews and approves the compensation recommendation presented by the evaluation committee.”

“The association for fundraising professionals' governing documents, conflict of interest policy and financial statements are available to the public upon request for the same period of disclosure set forth in section 6104(d).”

“Contract services 1,595,458. Consultant fees 739,563.”

“The audit oversight process has remained unchanged from the prior year.”