Tamid Israel Investment Group Ltd

“The organization amended its bylaws to replace its required board composition with an aspirational board composition: - at least two student members of tamid, who will remain students during the entirety of their terms - at least one alumni member of tamid - only independent directors”

“The organization's committees make recommendations, but are not authorized to make binding decisions. No minutes are taken for committee meetings.”

“The organization has chapters on college campuses working to further the purposes of the organization. There are policies related to the chapters, but there is no set of written policies or a constitution that each chapter must adopt. There are student members who serve on tamid's board.”

“The form 990 was prepared by independent accountants and reviewed by management. It was then provided to the full board before it was filed.”

“Each director, each corporate officer, the top management official, the top financial official, and each key employee of the organization annually affirms via email or signed statement that: the person has received a copy of the conflict of interest policy, has read and understood the policy, and has agreed to comply with the policy; and discloses the person's financial interests and family relationships that could give rise to conflicts of interest. Each covered individual shall disclose to the board all material facts regarding his or her interest in the transaction, promptly upon learning of the proposed transaction. The board may ask questions of and receive presentation(s) from the covered person(s) and any other interested person(s), but shall deliberate and vote on the transaction in their absence. The board shall ascertain that all material facts regarding the transaction and the covered person's conflict of interest have been disclosed to the board and shall compile appropriate data, such as comparability studies, to determine fair market value for the transaction. After exercising due diligence, which may include investigating alternatives that present no conflict, the board shall determine whether the transaction is in the organization's best interest, for its own benefit, and whether it is fair and reasonable to the organization; the majority of disinterested members of the board then in office may approve the transaction. If the board has reasonable cause to believe that a covered person has failed to disclose actual or possible conflicts of interest, including those arising from a transaction with a related interested person, it shall inform such covered person of the basis for this belief and afford the covered person an opportunity to explain the alleged failure to disclose. If, after hearing the covered person's response and making further investigation as warranted by the circumstances, the board determines that the covered person has failed to disclose an actual or possible conflict of interest, the board shall take appropriate disciplinary and corrective action.”

“The board of directors sets the ceo's compensation based on several factors, including comparability data. The determination of compensation is discussed and documented. The last compensation review took place in may 2024.”

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

“Staff contractors: program service expenses 638,015. Management and general expenses 34,779. Fundraising expenses 0. Total expenses 672,794. Consultants: program service expenses 361,169. Management and general expenses 36,837. Fundraising expenses 366. Total expenses 398,372. Professional services: program service expenses 2,461. Management and general expenses 311. Fundraising expenses 0. Total expenses 2,772.”