Philabundance

“The executive committee consists of the officers, the immediate past chair (if any), the chairs of the development committee, the governance committee, the operations and program committee, and the founder of the organization. The executive committee may act on behalf of the board in the absence of a board meeting. The executive committee shall not have any power and authority as to: (1) the filling of vacancies in the board; (2) the adoption, amendment or repeal of the bylaws or articles of incorporation; (3) the amendment or repeal of any resolution by the board; and, (4) any matters required by the bylaws or a resolution of the board to be acted upon by either the board as a whole or by another committee of the board.”

“The form 990 was prepared by an independent accounting firm and reviewed by the organization's management and made available to th board of directors prior to filing with the internal revenue service.”

“The conflict of interest policy applies to current and prospective employees, independent contractors, and persons acting on behalf of the organization, i.e., board members. For non-board members, any conflict of interest, potential conflict of interest, or the appearance of a conflict of interest is reported to the executive director/ceo and/or the head of human resources. Senior management has the final responsibility of resolving non-board member conflicts. For board member conflicts, the minutes of the governing board and all committees with signatory authority shall contain: (1) the names of the persons who disclosed or otherwise were found to have an actual or possible conflict of interest, the nature of the conflict of interest, any action taken to determine whether a conflict of interest was present, and the governing board's or committee's decision as to whether a conflict of interest in fact existed; and (2) the names of the persons who were present for discussions and votes relating to the transaction or arrangement that presents a possible conflict of interest, the content of the discussion, including any alternatives to the transaction or arrangement, and a record of any votes taken in connection with the proceedings. At a minimum, annual disclosure of actual or potential conflicts is required.”

“Compensation for the top management official is reviewed and approved by the board. In addition, the compensation review process includes the use of comparability data and requires contemporaneous substantiation of both the deliberation and the final decision. At this time the organization does not have any employees that meet the internal revenue service definition of key employee.”

“The organization makes its financial statements available on its website. The governing documents and conflict of interest policy are available to the public upon request.”

“Philabundance was founded in 1984 with the simple belief that no one should go hungry while healthy food goes to waste. Our mission is to drive hunger from our communities today and to end hunger for good. In addition to food distribution, we reduce food waste, increase access to nutritious meals, and tackle the root causes of hunger through programs such as the philabundance community kitchen.”