Friends of the World Food Program Inc

“The form 990 is completed annually, and copies are provided to the entire governing board as well as to the president/ceo of the organization. The cfo and coo reviews the form 990 with the audit committee and vice president of finance & accounting. After a thorough review by the president/ceo, cfo and coo, audit committee, and senior director of finance and accounting, and once all are in agreement, the 990 is submitted for final edits. A copy of the approved 990 is provided to all of the officers and board members before the return is filed. Once distributed to all involved, the final form 990 is signed by the cfo and coo, dated and submitted electronically.”

“Wfp usa has set forth a procedure to resolve conflicts of interest as they may arise as outlined in our conflict of interest policy. Every new officer or director is advised on this policy and acknowledges that he or she understands the policy. A conflict of interest disclosure statement is furnished annually to each officer and director which affirms that the board member: 1. Has received a copy of the policy, 2. Has read and understands the policy, 3. Has agreed to comply with the policy, and 4. Understands the corporation is a charitable organization, that to maintain federal tax exemption status under internal revenue code 501(c)(3), the corporation must engage primarily in activities that accomplish its tax-exempt purposes and the corporation's directors, officers, and board members are responsible for ensuring the corporation is faithful to its charitable mission. Every board member of the organization signs an "acknowledgement of conflict of interest statement" annually that acknowledges that they have read and understand what is required of them as pertains to the conflict of interest. The provision of the policy which pertains to a duty to disclose a conflict of interest also applies to all board members of the corporation. For this purpose, each reference to "officer" in the policy is deemed to refer also to "board member".”

“General procedures: the president/ceo is given an annual performance evaluation by the executive committee members on behalf of the board of directors at the conclusion of each performance period. The executive committee is comprised of the chairman, vice-chairman, secretary/treasurer & chairs of each committee. At that time, the executive committee determines the merit increase in terms of base salary and bonus. In conjunction with the president/ceo, they also establish goals and objectives for the coming year.”

“Wfp usa ensures its website makes its financial information available to the general public for the same period of disclosure as set forth in section 6104(d). Our website clearly provides a link to easily access our webpage with the organization's expenditure pie chart. This webpage provides current and historical detailed financial information and the organization's irs 990 filings. Visitors to our website can easily download the organization's latest annual report. The current annual report contains a statement of activities for the year ending september 30, 2021. The annual report is made available to thousands of stakeholders throughout the united states, and is distributed at various events. The organization's governing documents and conflict of interest policy have been discussed at length internally, with the board of directors, senior management team and all staff members. The conflict of interest policy, specifically, is reviewed and signed by board and staff members. Governing documents are made available to the general public upon request for the same period of disclosure as set forth in section 6104(d).”

“The reportable compensation of officers, directors, trustees, key employees, highest compensated employees, and independent contractors reflects compensation paid during the calendar year in 2023 as reported on the 2023 form w2. This creates a timing difference between the calendar year compensation information and the fiscal year financial results presented in form 990.”

“The process for overseeing the audit of the financial statements and selection of an independent accountant that audited the financial statements has been consistent with prior years.”