Bethshan Foundation

“Members of the Organization shall consist of persons eighteen years of age or over who subscribe to the purpose of the Organization as shown in Article II of the constitution, who are members of a church of Reformed persuasion, and who make an annual contribution to the Organization in the preceding year in a minimum amount of ten ($10.00) dollars.”

“At the annual meeting of the members of the Organization, held in October of each year, the members elect the Board of Directors.”

“At the annual meeting of the members of the Organization, held in October of each year, the members will receive financial reports, approve the annual budget, approve the purchase or construction of buildings and improvements, and decide other business which may properly be brought to the meeting.”

“The Form 990 is prepared by the certified public accountants from information provided by the Director of Finance, reviewed and signed by the Treasurer of the Organization, and approved for filing by the Board of Directors.”

“The Organization monitors all new vendors to determine if there is a relationship between a vendor and any Board Member or employee of the Organization which would create a conflict of interest. If a conflict of interest is identified, the Organization documents that the transaction is competitively priced when compared to other vendors.Annually the Board Members and the staff are required to read a statement of what is a conflicted transaction, report any business transacted with the organization, and sign a conflict of interest statement.All conflicts of interest are reported at a Board of Directors Meeting which must approve each tranaction.”

“The Executive Committee of the Board of Directors annually reviews the job performance and the compensation of the Executive Director, the Director of Finance, and other key employees. Comparable compensation data is collected from similar organization in the Chicagoland region and used when setting the compensation packages. The recommended compensation packages for the Executive Director, the Director of Finance and other key employees are approved by the full Board of Directors.”

“The Organization's governing document, conflict of interest policies, whistle blower policies, document retention and disposal policies, and financial statements are made available in the employee manual or to the public upon request.”