Fugees Family Inc

“Two board members are related. Asha and arie rangaraj are brother and sister.”

“Prior to filing the form 990, a draft version is circulated to all board members. A board meeting occurs where board members are encouraged to ask questions in the meeting or after the meeting by e-mail or directly to organizational staff.”

“The organization's conflict of interest policy may be found in the organization's bylaws, article 8. In january, the board reviews the conflict of interest policy at its annual retreat. Each board member signs an annual statement regarding the conflict of interest policy which confirms that each board member has: received a copy of the conflict of interest policy; read and understands the policy; agrees to comply with the policy; and understands that the corporation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. These statements are renewed annually. When a conflict of interest is identified, the interested person shall leave the meeting and the remaining board members shall discuss and vote on the transaction or arrangement involving the possible conflict of interest. The board will exercise due diligence and investigate alternatives to the proposed transaction/arrangement that would result in a more advantageous transaction/arrangement that would not give rise to a conflict of interest. If a more advantageous transaction/arrangement is not reasonably possible under the circumstances, the board of directors or an appropriate committee shall determine by majority vote of disinterested directors whether the transaction/arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. The board shall make a decision based on the above determination.”

“Prior to setting the initial compensation of the executive director staff researched comparable salaries for executive directors for organizations of similar size.”

“The following documents are available upon request: form 1023, the govening documents (articles of incorporation, bylaws, and conflict of interest policy), and annual financial statements. The 990 is available upon request or for download from the guidestar website: www.guidestar.org”