Freedom Forum Institute Inc

“Freedom forum institute's audit committee of the board of trustees reviews the form 990 in a formal presentation. The audit committee presents its report of deliberations to the full board of trustees and makes form 990 available to all members of the board prior to the filing of the 990 with the internal revenue service.”

“Each year, all officers, trustees, and key employees receive a copy of the conflict of interest policy and an independence disclosure questionnaire. The conflict of interest policy provides detail on the procedures to be used in addressing conflicts and any violations of the conflict of interest policy. A trustee or officer who has or learns about a potential conflict of interest should disclose promptly to the secretary of the corporation the material facts surrounding any actual or potential conflict of interest. Following receipt of information concerning a contract or transaction involving a potential conflict of interest, the board shall consider the material facts concerning the proposed contract or transaction including the process by which the decision was made to recommend entering into the arrangement on the terms proposed. At the time of the discussion and decision concerning the authorization of such contract or transaction, the interested trustee or officer should not be present at the meeting. The chief executive officer is responsible for determining the proper way for the freedom forum institute to handle corporation decision which involves unresolved employee conflict of interest. The ceo reports to the board at least annually concerning employee conflicts of interest.”

“Biannually, the board of trustees retains the services of a third party independent consultant to conduct an intermediate sanctions compliance analysis for the freedom forum institute to assist the organization in its efforts to comply with intermediate sanctions legislation. The methodology employed includes collecting base salary and total cash compensation from national published survey sources ; creating peer groups consisting of similar-sized organizations and analyzing competitiveness of total cash compensation for non-profit organizations (using form 990's); collecting current benefit and prerequisite offerings from national published survey sources; utilizing freedom forum institute's compensation philosophy to evaluate competitive comparisons; and providing a recommended compliance decision to the freedom forum institute's executive committee of the board of trustees. The executive committee of the board reviews the intermediate sanctions compliance reports in detail and ascertains the reasonableness of the newseum institute's total rewards based on the third party analysis. The board then authorizes the use of the safe harbor/rebuttable presumption and approves compensation.”

“Freedom forum institute makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”