National Constitution Center

“990 is presented to the board of trustees during their january meeting. After the meeting, the chairs of the audit & finance committee email the 990 to the trustees and give them a week to review and make comments. If there are no comments at the end of the week the 990 is finalized and submitted. If there are comments, management reviews them with the committee. If changes are deemed necessary the process begins again. If changes are not necessary, the chair would email the trustees explaining why changes were not made and the 990 would be finalized and submitted.”

“The national constitution center has a conflict of interest policy. A copy of the policy and the questionnaire are given to all new employees and newly elected trustees during their orientation period. Annually, the policy and questionnaire are sent to all trustees, employees and volunteer trustees, employees and volunteers have one month to complete the questionnaire and send the completed forms back to the center. The chief compliance officer (cco) follows up with any employee who failed to submit his/her form. Trustees are also sent reminders; the cco and vp of finance review all questionnaires to determine if any conflicts exist. The results of the annual questionnaire responses are discussed with the audit committee. Significant conflicts, if any, are brought to the committee's attention. The audit chairman makes the determination if the conflict is significant enough to warrant full board review. Significant conflicts are then brought to the board of trustees who determines a course of action based upon the conflict of interest policy.”

“"the ceo of the national constitution center is hired by the board of trustees. Typically, a search committee is formed to conduct the search process. Additionally, a professional executive search firm is also engaged to facilitate the search process. This committee is a temporary sub-committee of the executive committee and includes the chairman of the executive committee, appointed trustees and appropriate staff (ie coo). Once a ceo has been identified, a contract is prepared by the center's general counsel. The search committee, who acts as the center's ""independent persons"" recommends the ceo's compensation based on the following criteria: comparable data - what was the former ceo's compensation and what are like organizations ceo's compensation. Contemporaneous substantiation - data is collected and documented during this process. The ceo's contract, which includes compensation, is presented to the executive committee by the search committee. In executive session the contract is approved by the executive committee. The executive committee then presents the contract to the full board of trustees for approval.”

“The national constitution center makes all governing documents, conflict of interest policy and financial statements available to the public by providing copies upon request.”

“Description:other fees total fees:2967165”