Idsa Education and Research Foundation

“The board of directors delegate to the executive committee responsibility for management of the foundation when the board is not in session, consistent with any policies established by the board.”

“Before it is filed, the form 990 is reviewed by the ceo, coo and vp of finance and administration of idsa, a related organization which supports the foundation under irc section 509(a)(3). A copy of the form 990 is also provided to each member of the board of directors before it is filed.”

“All idsa foundation staff are employees of idsa and therefore follow the same conflict of interest policy as idsa: the policy states and requires all board and committee members, as well as key employees, to submit a conflict of interest (coi) form annually. Any individual with a potential conflict must recuse themselves from related discussions or votes. Staff members with conflicts are prohibited from working on projects involving the affected area or company. The coi and ethics committee oversees compliance with this policy. Staff disclosures are reviewed by the ceo, who determines appropriate action. The ceo's coi report is reviewed by the executive committee, which evaluates any potential conflicts involving the ceo.”

“Ceo compensation: (a) review and approval is done by the executive committee, meeting in executive session, (b) comparability data is obtained from american society of association executives (asae) and used for determining compensation, (c) there are no minutes of the executive session, so no written deliberation. Written decision is forwarded to the vp of finance and administration and vp, talent & organizational development to place in personnel file and applied to payroll. These processes were last completed in 2024. Form 990, part vi, section b, line 15b: employee compensation: compensation reviewed by the individual's supervisor and approved by the ceo. The board approves the overall salary budget but not individual staff salaries, except for the ceo. Compensation decisions are informed by comparability data obtained from asae and a compensation study done by a third-party consultant in 2024. Employee performance reviews are documented, signed by both the supervisor and employee, and used to support any recommended salary adjustments. These processes were last completed in 2024 for all staff.”

“The governing documents and conflict of interest policy are not generally made available to the general public, but if requests for copies of these documents were received, the organization would consider making them available to the requestor. The audited financial statements are available on the organization's website.”

“Other professional fees: program service expenses 246,805. Management and general expenses 85,957. Fundraising expenses 0. Total expenses 332,762.”