Greater Good Charities

“Julia christophersen, jennifer fermon, and elizabeth baker have a business relationship.”

“The 990 is reviewed by the president and treasurer prior to filing. It is provided to the remaining board members once it has been filed.”

“Our conflict of interest policy applies to any director, principal officer or member of a committee with governing board delegated powers, who has direct or indirect financial interest. We have six people who fall under this definition. 1. Duty to disclose in connection with any actual or possible conflicts of interest, an interested person must disclose the existence and nature of his or her financial interest to the board of directors (board) [or special committees with board delegated powers (e.g. Conflicts or compensation committees)] considering the proposed transaction or arrangement. 2. Determining whether a conflict of interest exists after disclosure of the financial interest, the interested person shall leave the board or committee meeting while the financial interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. 3. Procedures for addressing the conflict of interest a. The chairperson of the board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. B. After exercising due diligence, the board or committee shall determine whether the corporation can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. C. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest and for its own benefit and whether the transaction is fair and reasonable to the corporation and shall make its decision as to whether to enter into the transaction or arrangement in conformity with such determination. 4. Violations of the conflict of interest policy a. If the board or committee has reasonable cause to believe that a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. B. If, after hearing the response of the member and making such further investigation as may be warranted in the circumstances, the board or committee determines that the member is an interested person and has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“Greatergood executive director compensation was reviewed prior to hire by the board based on experience and comparative studies of similar positions. The board voted to accept the salary for the executive director. The executive director has the authority given by the board to hire other employees, including key employees with compensation commiserate with position, experience and similar comparative salaries. The last compensation review was completed september of 2012.”

“The 990 is posted on our website at www.greatergood.org. Governing documents are available on request. The financial statements are made available to the public through the annual report.”

“The number of volunteers consists of the 6 board members.”

“Care and feeding of rescued animals: greatergood.org offered live seminars at shelters around the country to increase adoption rates through grooming, photography, and behavioral training. We also began granting food to shelters across the country, and offering renovation grants to shelters where we send builders into the shelter to make physical improvements. Literacy and education: greatergood.org launched the grow program which aims to remove barriers between women in developing countries and a quality education. Funds raised were used to start a high school in haiti, operate school buses in south asia, and provide meals and school supplies to female students in various countries around the world.”

“Section 481 net positive adjustment for cash to accrual accounting method change, to be recognized evenly over four years. 1,246,757. Section 481 adjustment recognized in 2013. $1,246,757/4 -311,689.”

“In 2014 greatergood.org adopted the accrual basis of accounting.”