Washington County Community Foundation

“Washington financial washington financial chairman pres & ceo common business”

“The finance & audit committee is responsible for meeting annually with the foundation auditors to review the form 990. After review by this committee, the form 990 is distributed to the entire board of trustees in advance of a scheduled meeting of the full board. The foundation treasurer, or other member of the finance and audit committee who has met with the auditors, shall provide an overview of the document and respond to any questions posed by any trustee at the scheduled meeting. After a thorough review and satisfactory response to all questions posed, the chairman shall ask for a vote to accept the form 990 and to authorize the president and ceo to file with the internal revenue service.”

“Trustees, staff and committee members are required to annually disclose, using a prescribed form, any organization with which they have a conflict of interest. A schedule of these conflicts is prepared and referenced throughout the year when action items are advanced. Abstentions are recorded in the meeting minutes for those with a conflict of interest.”

“The president/ceo's annual review shall be conducted by the chairman of the board in the fourth quarter of each year in consultation with the executive committee, using the established ceo performance appraisal form. The annual appraisal, in conjunction with the salary tables published by the council on foundations and a comparison of salaries for similar positions at local not-for-profits, shall be the basis for consideration of any salary changes.”

“All salary changes for foundation staff must be approved by the board of directors.”

“The foundation bylaws, conflict of interest policy and financial statements are made available to the public through the foundation website, www.wccf.net. In addition these items are available in print at the foundation headquarters.”

“To improve the quality of life primarily in washington county by providing a vehicle for philanthropic giving across a broad spectrum of giving levels to support diverse community needs and to provide prudent stewardship of those charitable funds.”

“Historic projects. The mother's fund supports disadvantaged women and children. The acorn fund, the broadest of the three pooled funds, awards grants in all of the foun-dation's funding areas, and serves as the foundation's primary fund to support emerging and unmet needs in the community. And finally, the foundation manages three grant-making funds through the educational improvement tax credit program of the pennsylvania department of community & economic development. The eio fund awards grants for innovative educational programs at k-12 public schools; the eso fund awards scholarships to income-eligible families for students to attend non-public k-12 schools; the epk fund awards scholarships to income- eligible families for students to attend pre-approved preschool programs.”

“Will be increased by a percentage of a 100,000 match pool.”

“Website also provides the ability for donors to make charitable gifts electroni-cally to these same charities. The foundation does not charge any fees for processing gifts received through the website. Also in 2012, the foundation created the women of philanthropy giving circle to promote and facili-tate local philanthropy in a coordinated and strategic manner to improve the quality of life in washington coun-ty with a particular emphasis on supporting disadvantaged women and children.”

“Direct program expenses to offset direct program revenue 44,705 adminstrative fee expenses to offset adminstrative fee rev 206,709 direct program expenses to offset direct program revenue -44,705 adminstrative fee expenses to offset adminstrative fee rev -206,709”