International Women'S Health Coalition

“The 990 is by reviewed board chair and then reviewed by the audit committee chair. Once all those reviews happen, the 990 is sent to the audit committee for review and approval, then sent to the board for full approval. The full board reviews and approves the 990 and comments before it is signed and submitted to the irs.”

“Annually, at the june board meeting, the staff in charge of the board liaison will collect all disclosure statements and give them to the audit committee chair who will review them for reported or potential conflicts. For any reported and potential conflicts involving interested persons other than employees, the audit committee chair will ask the audit committee to review and to determine appropriate action. The minutes of the audit committee meeting will record all determinations and decisions. The audit committee chair will then return the disclosure statements to the board liaison who will ensure they are stored in a locked file in the international women's health coalition's file room. Upon hire, and then annually, upon completion of the performance evaluations, the human resource manager will collect all employee disclosure statements and give them to the president who will review them for reported or potential conflicts. Conflicts of interest may arise during the year in connection with an existing or new transaction or arrangement. In such cases, the interested person(s) will disclose in writing the actual or possible conflict and all material facts to the audit committee chair (or president, in the case of employees) who will follow the procedures above.”

“The board decides the compensation of the president. Prior to the decision, the board will ask, as appropriate, for comparability data that the human resource manager compiles during the year. Minutes of the meetings are written. The president decides the salary of key employees also based on independent research and comparability data. For those key employees with salaries over $150k, the president will bring recommendations and justification for increases to the executive committee of the board for discussion and comments. Minutes of the executive committee are written.”

“The financial statements are posted on the international women's health coalition's (iwhc) website, submitted to charity watchdogs for public viewing and available upon request. The governing documents are available upon request.”

“In may 2021, the coalition entered into an agreement to transfer its assets and operations to ippf and the board approved dissolution of the coalition. Accordingly, assets and liabilities as of may 31, 2021 were revalued to the amounts expected to be collected and paid during liquidation. Due to the nature of the assets and liabilities, no revaluation adjustments were required. Differences between the revalued amounts and actual cash transactions will be recognized in the year they can be estimated. Any remaining net assets in liquidation will be distributed to the fos feminista upon dissolution and will be used exclusively for charitable, religious or educational purposes within the meaning of section 501(c)(3) of the internal revenue code. Management anticipates liquidation to be completed during 2021.”

“Transfer to ippfwhr dba fos feminista -2,000,000. Gain on foreign currency translation 118. Gain from abandonment of lease 266,121. Disposal of fixed assets -248,745.”