Consultative Group on Biological Diversity Inc Biodiversity Funders Grp

“A designated representative of a member Foundation may vote for the Board of Directors via an annual election. The Board of Directors is comprised solely of member Foundation staff.”

“Form 990 is prepared by an outside tax professional. The form is then reviewed bythe organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management approves the final return which is then e-filed with the department of the treasury.”

“Members of the board of directors review all potential conflicts of interest periodically. Management personnel and board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.”

“Members of the board of directors review the compensation of the organization's personnel periodically in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures. Final compensation adjustments are reviewed by the board.”

“Compensation of other individuals (including high-level personnel and highly compensated employees) is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files.”

“All of the organization's governing documents, financial statements and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to www.candid.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office.”

“Bfg publishes information about itself, its activities, and its members through its website: www.biodiversityfunders.org. Bfg also uploads information, including demographic data, to www.candid.org. (formerly www.guidestar.org)”