Oxfam-America Inc

“The 990 is prepared by an independent accounting firm with information provided by oa's finance department under direction of the chief financial officer. The completed return is reviewed by oa's chief financial officer, and submitted for review to the audit committee of the board of directors. Form 990 was provided to the full board before filing.”

“All board members, officer, and key employees are expected to reveal any potential conflict of interest. All board members, officers, and key employees sign a statement annually, verifying that they have reviewed oa's conflict of interest policy and have disclosed any activity which contravenes the policy. During the course of deliberations, if a director finds that they have a conflict of interest on a matter at hand, they must declare it and excuse themselves from the deliberations to allow the other directors present to determine the best course of action.”

“Compensation for oxfam america executives is set by a compensation committee comprised of independent members of the board of directors. The committee regularly engages qualified independent consultants to ensure that total executive compensation is both competitive and reasonable as compared to market, that it conforms to irs guidelines, and would not be considered excessive under intermediate sanctions provisions contained in section 4958 of the internal revenue code. The last study was completed in may of 2023. As of november 1, 2010, based on recommendations of independent consultants, the compensation committee decided to institute a benefit program which requires executives to invest after tax income into one of a limited number of third party benefit plans. The after-tax amount associated with the program is included as reportable w-2 compensation in part vii, and in schedule j, part ii, column b (iii), other reportable compensation.”

“Financial statements and forms 990 without schedule b are available on the oxfam america website at http://www.oxfamamerica.org in the "about us" section of the site. Financial information is also available at www.guidestar.org and www.charitynavigator.org and massachusetts attorney general's website. Oa will provide copies of its governing documents and conflict of interest policy upon request. The organization's forms 990 are available to the public for the same period of disclosure as set forth in section 6104(d).”

“The amounts of these two lines do not match because the number of employees reported in part i, line 5 includes employees in a foreign branch plus us-based employees (included in form w-3) reported in part v, line 2a.”

“As members of the oi confederation, each oxfam affiliate is required to make a collective funding mechanism (cfm) contribution to oi on an annual basis. The cfm contribution to oi are unrestricted resources that fund core operations of oxfam country and regional program offices around the world, the global humanitarian team (ght) and the operations of oi secretariat. Oa payments to oi for the cfm totaled $7,760,000.”

“Change in value of split interest agreements -161,057.”