Samueli Institute for Information

“Michael schulman and susan samueli have a business relationship. Michael schulman and henry samueli have business relationship. Susan samueli and henry samueli have a family and business relationship.”

“The organization adopted articles of dissolution and terminate operations on march 31st, 2018.”

“The form 990 was prepared by the outside accountants and reviewed by senior management. It was also reviewed by the budget compliance audit committee. A digital copy of the 990 was e-mailed to all members of the governing board, and they had the opportunity to review and comment on it before it was filed with the irs. All appropriate comments and revisions have been included.”

“Board members are required to sign a statement each year stating that any conflicts of interest will be reported to the board for the board's action. The policy also applies to employees, but they are not required to sign a statement annually. The following steps will be taken if a conflict of interest was to arise: 1. Appoint a disinterested person or committee to investigate alternatives to the proposed transaction/arrangement, if deemed necessary; 2. With due diligence, determine if the institute can obtain a more advantageous transaction/arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest; and 3. The disinterested directors determines by majority vote whether the transaction/arrangement would be in the institute's best interest for its own benefit and whether the transaction is fair and reasonable to the institute and would make its decision as to whether to enter into the transaction/arrangement in conformity with such determination.”

“The board of directors establishes the ceo's salary by an internal performance review. The decision was documented by the compensation committee of the board. Employee salaries are established by review of salary surveys done by independent organizations and internal performance reviews. A salary structure for all levels is maintained by the institute. Email communications and notes deemed necessary for the files are maintained. All salaries are approved by the ceo.”

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request.”

“The organization terminated its center for healing and well-being program in fy18.”

“Subcontractors/consultants: program service expenses 9,000. Management and general expenses 3,634. Fundraising expenses 0. Total expenses 12,634.”