Philanthropy Ohio

“Philanthropy ohio is an association of foundations, corporate giving programs, individuals, united ways and other organizations actively involved in philanthropy in ohio.”

“Members meet annually to elect members of the organization's governing body.”

“The form 990 is reviewed and approved by the audit committee which presents it to the board of trustees for their review. A final filing copy of the form is provided to each board member via secure web portal and/or e-mail prior to electronic submission of the form to the irs. The form is also displayed on the organization's website, www.philanthropyohio.org.”

“The board of trustees of philanthropy ohio has adopted a conflict of interest policy that applies to board members, staff, and members of a committee with governing board delegated powers. Annually, these individuals submit a signed copy of the policy form disclosing any actual or potential conflicts of interest. Forms are reviewed, and in the event of any conflict, appropriate action would be taken consistent with the requirements of the policy.”

“Compensation for the organization's ceo is established by the executive committee using compensation survey data and is subject to approval by the organization's board. Compensation survey data is also used to establish the compensation for the organization's officers.”

“Documents are made available to the public upon request.”

“Due to completion of projects which were started in previous years, the amount of income recorded for the organization in 2019 appears to have decreased. This is a timing issue of recognizing pledge receivables in income before the project was finalized, and expenses being recorded in a subsequent year.”

“Consulting: program service expenses 188,206. Management and general expenses 6,150. Fundraising expenses 884. Total expenses 195,240. Professional fees: program service expenses 2,859. Management and general expenses 2,587. Fundraising expenses 401. Total expenses 5,847.”

“The organization's financial statements were reviewed in the course of performing the annual audit.”

“Process has not changed from the prior year.”