Givingpoint Inc

“Derek v. Smith, the founder and chair of the board, and leah williamson, the secretary and treasurer, have a business relationship.”

“Form 990 is prepared by pricewaterhousecoopers, llp, and is then provided to all members of the board, and reviewed by derek v. Smith as the chair of the board before filing to ensure all information is accurate. Form 990 is available for the public's review upon request.”

“Givingpoint conducts periodic reviews of its conflict of interest policy which include: any director, officer or key employee who has a material interest in a transaction or arrangement presented to the board or a committee thereof for authorization, approval, or ratification shall make a prompt and full disclosure of his or her interest to the board or committee prior to its acting on such matter. A person who has disclosed an interest in a transaction or arrangement may abstain from participating in the matter. If such person does not abstain, the board or committee to which such disclosure is made shall determine whether the disclosure shows that a conflict of interest exists or might reasonably be construed to exist. If such person abstains or the board or committee determines that a conflict might exist, such person may be counted in determining whether a quorum is present but shall not vote on, nor participate in the discussions or deliberations with respect to, such transaction or arrangement, and the board or committee may, if appropriate, investigate and consider alternatives to the proposed transaction or arrangement. The board or committee shall determine by a majority vote of the disinterested directors whether to enter into the transaction or arrangement, taking into consideration whether it is fair and reasonable to givingpoint, in its best interest and for its own benefit.”

“Givingpoint makes its governing documents, conflicts of interest policy, and financial statements available to the public upon written request.”

“Compensation for the organization's officers and key employees is reviewed and approved by the board of directors. Comparabilty data is used to determine reasonable salaries.”

“Givingpoint is a nationwide community-based youth development organization that inspires a passion for learning and service through innovative educational modules, meaningful service-learning opportunities and cutting edge technology resources. Through hands-on volunteer experiences and innovative technology resources, givingpoint is providing youth with strong foundations that build caring hearts and entrepreneurial minds. Givingpoint is the first web tool that offers teens the opportunity to get rewarded (through a point system) for discovering, learning about, and helping causes that matter to them. For every 500 points earned through givingpoint, teens can apply for micro grants to help the causes they care about. Though there are other existing on-line tools to encourage teen action and offer online fundraising capabilities, givingpoint is the only source for teens to explore their interests and learn what it truly means to give of their "time, talent and treasure; answer trivia questions to learn about the needs of the community; track and witness how their giving legacy is changing the world; get rewarded and recognized for doing great work; give grants to causes that matter most to them; share their stories and recruit others to join their causes; catalogue and record verified community contributions; and view and download their civic transcript for school requirements and college applications.”

“$3,403 expenses paid in 2020 that cleared in 2021 <$3,233> expenses paid in 2019 that cleared in 2020 -------------- $170 other change in net assets or fund balances”