The Providence Foundation

“The members of the organization are known as trustees. The board of directors advises the trustees upon such matters as may be referred to them by the board of trustees from time to time.”

“Pursuant to the by-laws, the board of directors of the foundation shall be elected by the board of trustees of the foundation.”

“Prior to filing the form 990, the form is submitted to the officers and the audit committee of the foundation. It is available upon request to the trustees of the foundation.”

“The foundation has a conflict of interest policy that is contained in the by-laws. In summary, trustees must disclose any financial interest, ownership interest or employment interest in any contract or transaction being considered by the board of trustees or a committee thereof, and said trustees shall not participate in any decision with respect to such contract or other transactions. This conflict is recorded in the minutes.”

“The performance and compensation of the executive director is reviewed, annually, by the board of directors, including the chair and other officers.”

“The public can obtain documentation upon request.”

“Meetings: program service expenses 0. Management and general expenses 3,139. Fundraising expenses 0. Total expenses 3,139. Miscellaneous: program service expenses 46. Management and general expenses 1,580. Fundraising expenses 0. Total expenses 1,626. Printing and supplies: program service expenses 0. Management and general expenses 877. Fundraising expenses 0. Total expenses 877. Dues and subscriptions: program service expenses 0. Management and general expenses 827. Fundraising expenses 0. Total expenses 827. Postage: program service expenses 0. Management and general expenses 189. Fundraising expenses 0. Total expenses 189. Auto: program service expenses 0. Management and general expenses 3. Fundraising expenses 0. Total expenses 3.”

“This process has not changed from the prior year.”