The Family Place Foundation

“The board of directors may designate one or more committees to excercise the authority of the board in the management of the corporation between board meetings. The designation of such committees shall not operate to relieve the board of directors.”

“The foundation follows the policies as adopted by the family place.”

“The election of directors for the foundation will be elected by the board of directors for the family place. The board of directors of the foundation will elect officers of the corporation in accordance with the provisions of the articles of incorporation.”

“The form 990 is initially reviewed by the cfo and ceo. It is then reviewed in detail for approval by the audit and finance committee. Upon approval, it is sent via e-mail to the board prior to filing. It is then discussed with the board members at the next scheduled board meeting.”

“The family place (tfp) treasurer monitors the compliance hotline for any calls or complaints. If we have any complaints, he or she reports them to the tfp audit and finance committee. In addition, board members and officers are asked to complete conflict of interest forms and disclose any possible conflicts of interest annually. In the event a conflict exists that individual will abstain from discussing or voting on that matter. The treasurer of the foundation also sits on the tfp audit and finance committee so he or she can monitor compliance with policies, including the whistleblower and conflict of interest policies.”

“Compensation of the chief executive officer is based on an annual review by independent board members of the family place. Compensation is also based on comparable market data provided by the human capital committee.the human capital committee recommends the compensation structure to the executive committee for approval. The human resources director maintains the salary grade list of all employees, including the ceo, and the employee files that include the performance appraisal and the minutes from the independent compensation review by the human capital committee.”

“Compensation of other officers is based on an annual review by the chief executive officer. Reviews are documented in the employee file and the decision is kept in the committee meeting minutes. Compensation is also based on comparable market data provided by the human capital committee. The human capital committee recommends the compensation structure to the executive committee for approval.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Additionally, the organization's audited financial statements and form 990 will be available on guidestar.org and charitynavigator.org.”