Grantmakers in Aging Inc.

“The organization amended its governing documents to include the creation of an audit committee.”

“Membership in grantmakers in aging is open to any grantmaking institution, private foundation or donor interested in issues of aging.”

“The nominating committee consists of 5 members, 2 of whom may be current members of the executive committee and 3 from the general membership, including non-executive committee members of the board of directors. Nominations may also be made from the floor at the annual meeting.”

“The form 990 was prepared by the outside accountants and reviewed by the audit committee. Prior to filing, a copy of the 990 was made available to all board members.”

“In case of a conflict or the appearance thereof, it is the responsibility of the gia board, committee or staff member to disclose the conflict prior to making any related decision. Once a disclosure has been made in cases involving the board or committees, the remaining board or committee members determine whether or not there is a potential conflict of interest. In the case involving staff, the gia president (or, if the president has the potential of conflict, the board) determines whether or not there is potential conflict of interest. For the board and committees, if a conflict of interest is present, the director or committee member involved does not vote, but remains in the room to answer questions of a factual nature that may assist the board or committee in its deliberations.”

“The compensation for the top management official was determined by the executive committee and reviewed by the chairman. Comparable data was used in the process and a deliberation was conducted and documented in the board minutes. The last compensation review took place in october 2014.”

“The organization's governing documents, conflict of interest policy and financial statements are available to the public upon written request.”

“Project management: program service expenses 234,368. Management and general expenses 33,233. Fundraising expenses 0. Total expenses 267,601. Reframing program mgmt: program service expenses 229,463. Management and general expenses 32,537. Fundraising expenses 0. Total expenses 262,000. Prog. Asst. & website admin.: program service expenses 149,359. Management and general expenses 21,179. Fundraising expenses 0. Total expenses 170,538. Consultants: program service expenses 43,292. Management and general expenses 6,138. Fundraising expenses 0. Total expenses 49,430. Website & memb. Database: program service expenses 163,630. Management and general expenses 23,202. Fundraising expenses 0. Total expenses 186,832.”