Wnc Grassroots Media

“No review was or will be conducted.”

“Conflict of interest policy 1. Purpose the purpose of this conflict of interest policy is to protect the organizations interests when it is considering a transaction or arrangement that may benefit the private interests of an officer, director, or other interested person, or that could result in an excess benefit transaction. This policy supplements but does not replace any applicable state or federal laws governing conflicts of interest for nonprofit and charitable organizations. 2. Restrictions on interested directors no more than 75% of the individuals serving on the board of directors may be interested persons. An interested person is defined as: any person currently compensated by the organization for services rendered within the previous 12 months, whether as a full-time or part-time employee, independent contractor, or otherwise (excluding reasonable compensation paid to a director); and any family member of such a person, including: spouse, siblings, parents, children, ancestors, descendants, brothers-in-law, sisters-in-law, sons- in-law, mothers-in-law, and fathers-in-law. A violation of this section does not affect the validity or enforceability of any transaction entered into by the organization. 3. Duty to disclose any interested person must disclose the existence of a financial interest and all material facts to the board of directors before the board considers the proposed transaction or arrangement. 4. Determining whether a conflict of interest exists after disclosure and discussion, the interested person shall leave the meeting while the board determines whether a conflict of interest exists. The remaining disinterested directors shall decide by vote whether a conflict is present. 5. Procedures for addressing a conflict of interest 5.1 participation an interested person may present information at a board meeting but must leave the meeting during discussion and voting on the transaction or arrangement. They may not vote on the matter. 5.2 investigation of alternatives if deemed appropriate, the chair of the board shall appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. If the conflict involves the chair, a disinterested officer or board member will assume this responsibility. 5.3 due diligence the board shall determine whether the organization can obtain a more advantageous transaction from a party without a conflict of interest, using reasonable efforts. 5.4 board decision if an alternative is not reasonably possible, the board may approve the transaction if: it is in the organizations best interest; it furthers the organizations mission; it is fair and reasonable; and approval is made by a majority vote of disinterested directors. 5.5 additional safeguards any project involving a conflict of interest shall: be compared against competitor pricing; have costs and profits analyzed; and limit overall compensation to the interested board member. Payment will typically be determined under a cost + arrangement. 6. Violations of the conflict of interest policy if the board has reasonable cause to believe a person has failed to disclose an actual or possible conflict of interest, it shall: inform the person of the basis for the belief; provide an opportunity for explanation; conduct further investigation if warranted. If the board determines that the person intentionally failed to disclose a conflict, appropriate disciplinary and corrective action shall be taken. 7. Records of proceedings minutes of board meetings addressing conflicts of interest shall include: 7.1 disclosure names of persons who disclosed or were found to have a financial interest; the nature of the financial interest; any action taken to determine whether a conflict existed; the boards decision. 7.2 discussion & vote names of persons present during discussion and voting; a summary of the discussion, including alternatives considered; a record of all votes taken. 8. Annual acknowledgemen”

“No documents available to the public”

“The mission of the organization is to restore and uplift the communities of western north carolina by creating meaningful media that raises both awareness and funds for those in need. Through impactful humanitarian projects and powerful storytelling, we help rebuild lives and foster resilience, empowering the region to emerge stronger and more connected.”

“Volunteers are members of the board and the executive director. They manage the fundraising and donations.”