Forward Mt. Foundation

“The return is presented to the board for review and approval before filing.”

“Board members are required to sign a form indicating that they have read and understand forward montana foundation's conflict of interest policy and procedures on an annual basis. On this form, board members disclose any possible conflicts of interest in accordance with the written policy. Members are prompted to address issues related to organizational interests, business interests and other significant involvement related to themselves or their immediate family members.”

“Forward montana has a process in place for determining the compensation of the organization's executive director and all other employees. That process is as follows:- the board, or an independent body determined by the board, must approve the compensation level. The person receiving the compensation should not be part of the process.- the board, or independent body, must make use of data showing how much similar organizations are paying executive directors or comparable positions to determine that the compensation is reasonable; and- the board, or independent body, must properly document and report the decision-making process and compensation including who is involved in the process, comparable compensation data used, and minutes of any and all meetings.”

“Forward montana makes its governing documents, conflict of interest policy, and financial statements available to the public upon request at its offices.”

“AVAILABLE UPON REQUEST”

“Forward mt foundation and forward mt (a 501(c)(4) organization) have entered into a cost sharing agreement to minimize duplicated expenses and to carry out their complementary missions in an economical and efficient manner through the sharing of employees, office space, and equipment. Forward montana handles all the payroll tax reporting. All employees are shared by the two organizations so forward montana is considered the common paymaster. The number of w-2s issued by the common paymaster has been disclosed on part v, line 2a in accordance with the 990 instructions. Compensation from the common paymaster has also been reported on parts vii and ix in accordance with the 990 instructions.”