Leadership Enterprise for a Diverse

“Form 990 is reviewed by the organization's financial management consultants and the executive director, and is then approved by leda's audit committee prior to filing.”

“Leda has set in place effective mechanisms that allow staff to communicate information to management and management to commmunicate orginizational policies. These mechanisms include: regular staff meetings, regular meetings between staff and immediate supervisors, and annual employee performance evaluations. Each leda employee receives a personnel manual when they begin employment. The manual emphasizes leda's core values (excellence, integrity, compassion, community) and outlines the organization's expectations for conduct. Leda's board of directors, executives, and senior staff are required to sign the organization's conflict of interest policy annually, and are expected to disclose any conflicts as they may arise. The executive director also monitors proposed or ongoing transactions of the organization for conflicts or potential conflicts. Senior staff would disclose any relevant transactions to the executive director. The executive director and board members would disclose any relevant transactions to the chair of the board or the chair of the governance committee. When a conflict involves a decision-maker, the person with the conflict ("interested party") must fully disclose the conflict to all other decision-makers, and may not be involved in the decision of what action to take, but may serve as a resource to provide other decision-makers with needed information. In cases in which the conflict was referred to the full governance committee, the fact that a conflict was referred and managed, as well as the outcome, must be reported, where applicable, to other appropriate committee(s) of the board. The chair of the board, working with the committee(s), if applicable, must report the fact that the conflict was managed to the full board and the report must be recorded in the minutes of a board meeting.”

“At the time of his hire, the executive director's compensation was determined by a compensation committee based on salary data for non-profit organizations of similar scope an size. Annually, the executive director's compensation is reviewed by the hr and finance committees, and is approved by the board of directors as part of the approval of leda's annual budget. This approval is documented in the minutes to the meeting of the board of directors.”

“These documents are made available upon request.”

“Leadership enterprise for a diverse america (leda) empowers a community of exceptional young leaders from under-resourced backgrounds by supporting their higher education and professional success in order to create a more inclusive and equitable country. Leda believes that selective colleges are not only a gateway to opportunity, but a nexus for the development of leadership in every field. By helping talented students from under-resourced backgrounds access these institutions and providing them with the tools necessary to succeed in their careers and beyond, leda seeks to ensure that this country's leadership is truly reflective of its citizenry. Leda's vision is to build an inclusive and equitable america where leadership reflects, celebrates, and supports diverse perspectives.”