Uka Facilities Foundation Inc

“Greg taylor, joanna pressman and susan sack have a business relationship.”

“Uka facilities foundation, inc., has one class of members, (three of whom are considered the initial members of the corporation). These members are robin hood foundation, achievement first, inc., and uncommon crown heights llc, a wholly owned subsidiary of uncommon schools, inc. Kipp new york facilities, llc, a wholly owned subsidiary of kipp nyc, inc., was appointed as a member as of may 24, 2011.”

“Each member shall appoint one director (or such other number of directors as the members determine by unanimous vote), subject to the provision that the number of directors that will constitute the board will be not less than three nor more than fifteen. Within the specified limits, the number of directors will be determined by resolution of the members, except that, (1) each member shall have the right to appoint at least one director; and (2) no member shall have the right to appoint more directors than any other member.”

“Uka's bylaws prohibit the organization from taking the following actions, without the unanimous consent of its members: 1. Admitting new members 2. Terminating membership 3. Amending the articles of incorporation in addition, if uka takes any action (or fails to take an action) that would result in non-compliance with any agreement between uka and the city of new york, any member may act for, and on behalf of, uka to remedy (or prevent) such default. The member must provide written notice to the other members before taking action.”

“The form 990 was prepared by a nationally renowned accounting firm in conjunction with the financial department of one of the organization's members. A copy of the draft form 990 was circulated to the full board of directors for discussion and comment. Each board member was provided ample opportunity to comment on the information contained in the 990 prior to its electronic filing with the internal revenue service.”

“Uka facilities foundation's conflict of interest policy, which is incorporated into uka facilities foundation's by-laws, places an affirmative obligation on each officer, director and staff member to disclose any contract or transaction in which he or she has an interest at the time that the contract or transaction is considered by the board or committee authorizing the contract or transaction. The policy also requires each officer, director and staff member to furnish an annual conflict of interest disclosure statement.”

“Uka facilities foundation did not compensate any employees in 2024.”

“The foundation's form 990 is made available to the public at the organization's place of business and is likewise available on www.guidestar.org. The foundation's governing documents, financial statements and conflict of interest policy are available to the public upon request and at management's discretion.”