Westcott House Foundation

“The form 990 is presented to the entire board prior to filing the return. The board of directors will then approve the filing of the form 990 with a vote at one of the monthly board meetings.”

“The westcott house foundation's conflict of interest policy must be consulted and satisfied prior to entering into any transaction or arrangement covered by the policy. Potential conflicts are reviewed by the non-conflicted trustees or committee members, and they shall decide if a conflict exists. If a conflict is determined to exist, the foundation will explore conflict-free options, and if such options are feasible, then the disinterested trustees vote on whether or not to enter into the conflicted transaction or arrangement. The officers, trustees and employees of the foundation annually acknowledge the policy and disclose any interest which may be in conflict in writing.”

“The governance committee along with the executive director monitors and enforces compliance with the policy.”

“The organization through the finance committee compares the executive director's salary against peer organizations and submits a budget for the full board's approval which is documented through minutes of the finance committee and the full board.”

“The foundation maintains a copy of its form 990 on its own website, located at www.westcotthouse.org. The return is always immediately available upon request. The website also includes the foundation's mission and vision statement, and listings of the board members. All governing, taxation and financial documents, required to be made public, are available upon written, e-mailed or telephone request.”

“The westcott house foundation is committed to operating in furtherance of its tax-exempt purposes and in compliance with all applicable laws, rules and regulations, including those concerning accounting and auditing, and prohibits fraudulent practices by any of its board members, officers, employees, or volunteers. The foundation follows the whistleblower policy that outlines a procedure for employees to report actions that an employee reasonably believes violates a law, or regulation or that constitutes fraudulent accounting or other practices.”

“The foundation maintains a copy of its form 990 on its own website, located at www.westcotthouse.org. The return is always immediately available upon request. The website also includes the foundation's mission and vision statement, and listings of the board members. All governing, taxation and financial documents, required to be made public, are available upon written, e-mailed or telephone request.”