Testicular Cancer Society

“The form 990 is prepared by an independent accounting firm and reviewed by the organization's president. A copy of the form 990 is provided to the governing body subsequent to its filing.”

“A conflict of interest is present when, in the judgment of the body or individual determining whether a conflict exists, an insider or person related to the insider by family or business relationship has a material financial interest in the transaction such that it reduces the likelihood that an insider's influence can be exercised impartially in the best interests of the organization. The following are considered insiders for the purposes of this policy: 1. Each member of the board of directors or other governing body. 2. The president, chief executive officer, chief operating officer, treasurer and chief financial officer, executive director, or any person with the responsibilities of any of these positions. 3. Any key employee or key volunteer, meaning an employee or volunteer whose total annual compensation (including benefits) from the organization and its affiliates is more than $150,000 and who (a) has responsibilities or influence over the organization similar to that of officers and directors; or (b) manages a program that represents 10% or more of the activities, assets, income, or expenses of the organization; or (c) has or shares authority to control 10% of more of the organization's capital expenditures, operating budget, or compensation for employees. Each interested person shall disclose to the board all material facts regarding his, her, or its interest (including relevant affiliations) in the transaction. The interested person shall make that disclosure promptly upon learning of the proposed transaction. In the case of an insider who is a director, the director shall not vote on any transaction in which the director has an interest, and the remaining board members shall decide the matter. The minutes of any meeting of the board pursuant to this policy shall contain the name of each interested person who disclosed or was otherwise determined to have an interest in a transaction; the nature of the interest and whether it was determined to constitute a conflict of interest; any alternative transactions considered; the members of the board who were present during the debate on the transaction, those who voted on it, and to what extent interested persons were excluded from the deliberations; any comparability data or other information obtained and relied upon by the board and how the information was obtained; and the result of the vote, including, if applicable, the terms of the transaction that was approved and the date it was approved. Each director, corporate officer, key employee and key volunteer of the organization shall annually sign a statement that: 1. Affirms that the person has received a copy of this conflict of interest policy, has read and understood the policy, and has agreed to comply with the policy; and 2. Discloses the person's financial interests and family relationships that could give rise to conflicts of interest.”

“An independent body, consisting of the board of directors, excluding the president, reviewed the president's current compensation and performance. Deliberations and decisions were made in concert with comparrisons, in regard to executive compensation and performance, with similar organizations.”

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