Givedirectly Inc.

“Qualified and authorized person shall review the annual form 990 return, prepared by its third party tax accountants, under the direction of the board. The return shall be presented to all board members for approval, either via e-mail or by paper copy, prior to its filing.”

“Each director, principal and officer, shall annually review the conflicts of interest policy and disclose any known conflicts. If there is a potential violation, if the board or committee has reasonable cause to believe that a member has failed to disclose any actual or possible financial conflict of interest, the board member will be afforded an opportunity to explain the alleged failure for to make such a disclosure and if determined to be a violation the board shall take disciplinary, corrective or other action to be determined by the majority of the disinterested members of the board.”

“The process for determining compensation of top management included a review by the treasurer and the rest of the board, of the salaries of ceo's at organizations of similar size. The process for determining compensation of key employees includes a review and approval by the board, which includes reviewing the salaries of positions in organizations of similar size.”

“The organization makes its governing documents, conflicts of interest policy, and financial statements available to the public upon written request. Financial statements and form 990s are available on the website.”

“During 2019, google donated $2.85m to givedirectly for disaster relief efforts, of which $2.8m was treated as deferred revenue. The deferred revenue will be recognized as revenue in 2021 and/or 2022 to the extent humanitarian efforts are undertaken in response to disasters. In the event no disasters meet the criteria by december 31, 2022, or the $2.8m is not fully utilized for disaster response by december 21, 2022, givedirectly will work together with google in good faith to determine how the unallocated grant funds will be spent, which will be reflected in an amendment. If the parties do not enter into an amendment by march 31, 2023, givedirectly will return any unallocated grant funds to google. During 2020, givedirectly entered into a grant agreement with foreign, commonwealth, and development office (fcdo) to provide cash transfers to urban people living in poverty in response to covid19. The terms of the agreement require givedirectly reimburse any overpayment made by fcdo. As a result, cash received in excess of incurred expenses was deferred at december 31, 2020. During 2020, fcdo gave givedirectly $6,291,392 and $1,900,612 was in excess of incurred expenses and therefore treated as deferred revenue.”