Adelphoi Foundation Inc

“The parent organization is adelphoi usa, inc.”

“Adelphoi foundation, inc.'s board is elected by adelphoi usa, inc.”

“Adelphoi usa, inc. Has the following reserved powers: (a) to approve the corporation's capital and operating budgets and amendments thereto; (b) to approve any unbudgeted expenditure of the corporation exceeding $25,000; (c) to approve, prior to its effectiveness, any fundamental change with respect to the corporation described in chapter 59 of the npcl, including, without limitation, amendments to the corporation's articles of incorporation, mergers, consolidations, conversions, dissolutions, divisions, and sales of substantially all of the assets of the corporation; (d) to approve, prior to their effectiveness, any and all amendments to these amended and restated bylaws of the corporation; (e) to nominate, elect, and remove, with or without cause, at any time and from time to time, any or all of the directors of the corporation; (f) to approve and remove, from time to time, with or without cause, any or all of the officers of the corporation; (g) to approve any material change in the corporation's business operations and the creation of any new programs; and (h) to approve all fundraising programs, plans, and strategies of the corporation.”

“The organization has a cpa firm prepare its form 990. The return is completed in draft form and reviewed by management of the organization. The form 990 is then provided to the board of directors for review before it is filed.”

“Adelphoi foundation, inc. Requires its board members, officers and key employees to fill out a conflicts of interest form. During board meetings, if an interested party has a conflict, he or she recuses themselves from voting.”

“The ceo's compensation is paid by adelphoi usa. Adelphoi usa's board of directors reviews and approves the compensation of their top management and key employees. Adelphoi usa reviews comparative compensation information to ensure the compensation is reasonable.”

“The organization makes its form 990 and form 1023 available to the public upon request.”

“At this time, the organization does not make its governing documents, conflicts of interest policy and financial statements available to the general public.”

“Transfer to affiliates -405,746.”

“Adelphoi foundation, inc. Has an audit committee that is responsible for overseeing the audit of the financial statements and selection of an independent accountant. This process has not changed from prior year.”