International Honor Society of Nursing Foundation Inc.

“By-law Changes have to be approved by the STTI Board of Directors.”

“Form 990 is reviewed by the corporate audit and accountability committee.”

“During the original orientation sessions with all new key society employees they are presented with our Employee Handbook in which there are specific provisions relating to conflicts of interest. All employees are required to read and understand all provisions of our handbook and execute an acknowledgment form verifying their understanding of all provisions contained in the handbook. Additionally, there is a disclosure provision in the handbook as follows: "In the event employees become involved in activities that may present a conflict of interest, such activities should be fully disclosed to human resources. Full and honest disclosure of any potential conflict is the key to ensuring that appropriate action can be taken to avoid harm and embarrassment to the employee, the honor society and its members. If an employee has a question or concern about a possible conflict of interest, the employee must seek advice from human resources." Also, with the implementation of the new "Whistle Blowers Protection Policy" the organization encourages and protects employees and volunteers to report any serious violations of adopted society policies, and this policy is an integral part of our EE handbook. Any reports of potential conflicts result in a prompt, discreet and objective review or investigation. During the past fiscal year, no reports of potential conflicts of interest involving any staff member, director or officer have been reported to Human Resources. Each director and officer is required to execute a separate Conflict of Interest Agreement in which all directors and officers agree to strive to avoid any conflict between their respective individual interest and the interest of the Board. Each director and officer is required to execute such agreement annually.”

“All key employee salaries are determined by the Human Resources Department. Updated salary information is gathered from a variey of non-profit businesses similar in location, size and job responsibility. Each position has a job description containing major responsibilities of the position, education and experience required, and scope of the position which is all approved by the CEO. Each position is placed in a level (1-6) which is correlated to a salary band. Using that information along with the salary survey information, an appropriate salary is determined.”

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

“the process has not changed since the prior year. An rfp process is done every 3 years and an independent accountant is selected by the Corporate Audit and Accountability Committee. The Committee reviews the audit before it is presented to the Foundation board.”

“To support and encourage the activities and purposes of honor society of nursing sigma theta tau international, inc., a 501(c)(3) organization.”