Grantmakers for Education

“The finance and administration committee reviewed and discussed the return with the director of finance and business. A copy of the return was made available to the full board of directors for review prior to filing.”

“Board and staff members complete a detailed questionnaire annually to identify any actual or potential conflicts of interest. The information is presented to the board chair and shared with the board and senior staff. If any actual or potential conflicts of interest are identified, gfe policies shall require the board to obtain disclosure of the financial interest and all material facts, and to determine (in the absence of the interested person) whether a conflict exists. Gfe's policies outline a set of procedures for addressing any conflicts that are determined.”

“An annual review of key employees is conducted by the executive committee of the board, with all members of the board of directors and all staff members invited to provide performance feedback. The executive committee conducts a comparative executive salary review benchmarking peer organizations and reviewing organizational salary history as well as performance review findings to develop a compensation recommendation. The executive committee's recommendation is presented to the full board for final approval.”

“The board of directors determines the executive director's salary after researching comparable positions.”

“Reasonable requests for financial statements and governing documents are furnished upon request. The organization's documents are also available online through guidestar.”

“Other program services 4: member service and field/building: provide individualized technical assistance and field-mapping to help grantmaking organizations refine their strategies and to connect them with other peer grantmaking organizations for peer assistance and collaboration opportunities.”