DC Public Education Fund

“Management provides preliminary information to lane & company and reviews the form 990 draft, then shares with the board for review and approval.”

“Each year, each covered person shall complete a conflict of interest declaration form concerning the name(s) of any organization, institution or other entity with whom the covered person (including such person's parent, spouse, sibling, son or daughter, or domestic partner) has a significant ownership or investment interest in, has a compensation arrangement with, or has a relationship with as a director, trustee, officer, employee or consultant, and shall sign a statement affirming that such covered person: (1) has provided complete and accurate information on the disclosure form as described in the preceding paragraph; (2) has received a copy of this conflict of interest policy; (3) has read and understands the policy; (4) has agreed to comply with the policy; and (5) understands that the corporation is a charitable organization and that, in order to maintain its federal tax exemption, the corporation must engage primarily in activities that accomplish one or more of its tax-exempt purposes.”

“The board meets to review the president's performance and compensation on an annual basis. The president prepares and, by the first board meeting of the fiscal year, submits the organization's annual performance goals, on which she is evaluated. The president presents progress against these goals on a quarterly basis at each board meeting. At the conclusion of the fiscal year the board chair performs a performance review, which includes any relevant input from employees and other board members. The board chair then submits to the board (in executive session) the president's performance review and a recommendation for any adjustments to compensation. The board holds a discussion on performance and compensation and votes on future compensation based on the financial position of the organization, the overall evaluation results, and comparability data from similar organizations. An overall performance assessment is then delivered by the board chair to the president, along with notice of any compensation adjustment.”

“The president follows a similar deliberation process as noted above for evaluating and adjusting compensation for her direct reports, with input by the strategy and compensation committee. During the tax year ended september 30, 2017, there are no other officers or key employees receiving compensation from the filing organization.”

“All available upon request.”

“Engaged students and families 105971. 103055. 0.”