Foundation for Prader-Willi Researchinc

“The organization uses trinet hr corporation ("trinet"), a professional employer organization ("peo"), which provides professional employer services. In the peo relationship, trinet and the organization share certain responsibilities and allocate other employer responsibilities individually. The organization remains an employer of the organization's employees, and trinet is a co-employer. The organization has direction and control over employees as is necessary to: conduct its business; discharge any fiduciary responsibility it may have; and comply with any applicable licensure, regulatory or statutory requirement of solar one. In addition, the organization has control over the day-to-day job duties of employees and over the job sites at which or from which employees perform services. Trinet reserves a right of direction and control over employees as is necessary to fulfill its obligations and provide its services under an agreement between the organization and trinet. Trinet and the organization have a right to hire, discipline, and terminate employees as to each one's employment relationship with the employees. Fee paid to trinet in 2019 was $23,435.”

“Foundation for prader-willi research inc. Has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is circulated among board members with an explicit deadline for which any comments must be submitted by. After all comments are addressed, the form 990 is electronically filed with the irs.”

“The board members review and discuss the conflict of interest policy annually at a board meeting. The governing board or delegated committee is responsible for determining and reviewing conflicts of interest. Board members and principal officers are required to self disclose and the board has an additional governance committee. Each member and principal officer is then required to sign the disclosure form at the meeting noting conflicts. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.”

“The process for determining the compensation of the ceo included the use of comparability data, and included review and approval by the executive committee of the board. The process was documented and last undertaken in 2019. Compensation increases for other staff are recommended by the ceo to the executive committee, who reviews and approves these increases.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The form 990 is available at www.guidestar.org.”

“Refund of grant expense 171,809.”

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from the prior year.”