Stand Together Foundation

“Various directors and officers have a business relationship.”

“The organization has voting members with the rights stated in the articles of incorporation and bylaws.”

“In accordance with the bylaws, class a members elect the directors at their regular annual meeting.”

“The voting members have the power and voting rights to do the following: a. To amend the bylaws and the certificate of incorporation; b. To appoint additional class a members; c. To dissolve the corporation; d. To approve any merger, sale or other dispositive transaction involving a substantial transfer of the corporation's assets; and e. To elect directors and to remove directors.”

“An independent accounting firm prepared and reviewed the form 990. A full draft of the 990 along with all required schedules is then provided to board members, internal management and legal counsel for review. All questions are addressed and any modifications are made, if necessary.”

“The organization's conflict of interest policy covers proposed transactions where interested persons (i.e., board members and officers) may have a financial interest in a transaction being considered by the board of directors or a committee thereof. The board or committee thereof has various options to address the proposed transaction and whether it presents a conflict of interest, including evaluating the fairness of the transaction, whether to appoint a disinterested person(s) or committee to evaluate the transaction, consulting legal counsel, etc.”

“With respect to compensation for the organization's officers, other than the executive director, the executive director and human resources director determined the compensation levels and those individuals were compensated based on comparable amounts paid by comparable organizations for comparable services. All compensation amounts are provided to and reviewed by the board of directors. The executive director's compensation was determined and approved by the board of directors based on comparable amounts paid by comparable organizations for comparable services.”

“The organization makes all required disclosures available to the public under irs regulations.”

“Our mission is to break the cycle of poverty in america by enabling people to learn, contribute and realize their full potential, creating lives of meaning and fulfillment. We are looking to transform the social sector by investing in bottom-up solutions to build strong and safe communities.”

“Grant making and organizational development support - stand together foundation is a venture philanthropy organization that partners with the most effective social entrepreneurs, nonprofit community-based organizations, and change-makers to help increase their impact, empowering more individuals to break the cycle of poverty. Stand together foundation provides financial support, business management expertise, and capacity building resources to help organizations strengthen their operations. Upon being selected as an investment, each organization participates in a six-month catalyst program which includes facilitated workshop experiences, robust discussions, and one-on-one coaching opportunities focused on the application of sound economic and business thinking to the social sector. Throughout the program, organizations develop a plan for growth and receive marketing and storytelling support. Organizations that are poised to scale and replicate are eligible to receive increased levels of investment from a variety of capabilities across the stand together foundation organization. The increase in investments can be in the form of more robust organization development services, marketing and communication support, and most always additional financial investment.”

“Partnership income $(385,542)”

“At the time of filing the form 990, the audit of the financial statements was in progress. The organization expects the final audit report to be available shortly after the filing date.”