Faith in Public Life Action Fund

“The ceo, director of operations, and accountant review the form 990, and it is emailed to the board of directors prior to filing with the internal revenue service.”

“The organization sends a conflict of interest form to board members annually and monitors compliance. If an actual or possible conflict of interest arises, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the board or committee meeting, but after the presentation he or she shall leave the meeting during the discussion of and the vote on the transaction or arrangement involving the possible conflict of interest. The chair or president of the board of directors or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the board of directors or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board of directors or committee shall determine by a majority vote of the disinterested directors or committee members whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. If the board of directors or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the board of directors or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“Faith in public life action fund and faith in public life, inc. Share office space, employees and related office expenses under a resource sharing and expense reimbursement agreement. Faith in public life, inc. Uses a salary study to determine all staff salaries including the ceo's salary and ensure they are on par with others in the sector. The board of directors has a personnel committee and this committee reviews the ceo's performance annually and determines salary. The process was last conducted in july 2023.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Consulting: program service expenses 106,731. Management and general expenses 10,369. Fundraising expenses 528. Total expenses 117,628.”