Natural Resource Governance Institute

“The form 990 was prepared by the outside accountants. The form 990 was then reviewed by nrgi's corporate controller, chief financial and administrative officer and the board audit & finance committee.”

“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. The last compensation review was held in september 2021.”

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

“Nrgi supports informed, inclusive decision-making about natural resources and the energy transition. Nrgi partners 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. Nrgi seeks to address power imbalances, both nationally and globally. Our approach accounts for political realities, and advances equity in voice, influence, and access to information.”

“Consultant fees: program service expenses 1,020,352. Management and general expenses 345,391. Fundraising expenses 0. Total expenses 1,365,743. Information systems: program service expenses 44,445. Management and general expenses 299,919. Fundraising expenses 0. Total expenses 344,364. Translations: program service expenses 57,676. Management and general expenses 2,382. Fundraising expenses 0. Total expenses 60,058. Consultant expenses: program service expenses 106,299. Management and general expenses 6,310. Fundraising expenses 0. Total expenses 112,609. Other professional fees: program service expenses 1,687,451. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,687,451.”

“Foreign currency translation -11,278.”