Natural Resource Governance Institute

“The form 990 was prepared by the outside accountants. The form 990 was then reviewed by nrgi's senior accountant, chief financial and administrative officer and the board audit & finance committee before being shared with the full board. A copy is provided to the full board prior to filing with the irs.”

“When a covered person becomes aware of a proposed covered transaction, he or she shall have a duty to take the following actions: (a) immediately disclose the existence and circumstances of such covered transaction to one of the senior management of the corporation (in the case of employees) or to the board of directors of the corporation (the "board") or applicable committee thereof (in the case of directors and officers); (b) refrain from using his or her personal influence to encourage the corporation to enter into the covered transaction; and (c) physically excuse himself or herself from participation in any discussions regarding the covered transaction with officers, directors, and employees of the corporation, except to respond to requests for information. In order to assist the corporation in identifying potential covered transactions, each covered person annually shall complete and sign a conflict of interest declaration ("declaration") provided by the corporation and shall update such declaration as necessary to reflect changes during the course of the year. Completed declarations shall be available for inspection by the directors and officers of the corporation, and by such other persons as the senior management may deem appropriate.”

“Nrgi's president and ceo salary is approved in advance by the board of directors in accordance with its conflict of interest policy after obtaining and relying on appropriate data, including compensation data from outside sources and a compensation consultant. The board also approves the salary for the chief financial and administrative officer, chief program officer, senior director for programs, and managing director. The last compensation review was held august 2024.”

“Governing documents and conflict of interest statement are available upon request. Financial statements are posted on our website.”

“The natural resource governance institute is an independent, non-profit organization that supports informed, inclusive decision-making about natural resources and the energy transition. We partner with reformers in government and civil society to design and implement just policies based on evidence and the priorities of citizens in resource-rich developing countries. During 2024, we developed our new organizational strategy to run to 2030, with a focus on our guiding light: to ensure people in low- and middle-income, oil-, gas- and mineral-producing countries build inclusive, resilient and prosperous societies, and advance just energy transitions. The two goals underpinning our strategy are to transform the governance of minerals, particularly those needed for the energy transition, and to transform the governance of fossil fuels and advance economic and energy systems beyond oil and gas.”

“Foreign currency translation -166,747.”