Evanston Community Foundation Inc.

“A draft version of the form 990 is presented to the audit, finance and executive committees as representatives of the board of directors for review and approval prior to finalizing for filing. The full board is provided with the final draft of the form 990 prior to filing.”

“Our conflict of interest policy, including the conflict of interest disclosure form, is completed annually by all board members and senior staff. The completed disclosure forms are reviewed by the president and ceo. In the event conflicts have been disclosed, they are brought to the attention of the cfo and the executive committee of the board. Any such conflicts are disclosed to committees that may be affected by the stated conflict. In addition, conflict of interest forms are also completed by committee members who are community volunteers and not current members of the board. Any individuals with conflicts that may affect a board or committee decision are recused from those decisions.”

“The executive committee serves as the personnel committee of the foundation. The committee evaluates performance of the president and ceo annually, surveying all board members for their written input and presenting the board comments as part of the performance review. The president and ceo's compensation for the coming year is determined in a closed session of the executive committee with reference to the annual council on foundations' grantmakers salary and benefits report. The report presents compensation data for officers and key staff positions in community foundations across the united states, categorized by position, region and asset size. When available, other reference sources such as the guidestar nonprofit compensation report are included in the compensation review. The executive committee's compensation discussions and decisions are documented contemporaneously and retained in foundation files. The president and ceo's most recent compensation review was conducted in february and march 2022 and discussed with the ceo by the chair and vice chair of the board.”

“The president reviewed 2021 performance with staff members and confirmed 2022 compensation in december 2021.”

“Governing documents, conflict of interest policy and financial statements are available upon request. Audited financial statements are posted on our website.”

“Through its grantmaking, the foundation distributes resources through local organizations for the public good. In 2020, ecf launched the evanston community rapid response fund to foster a unified philanthropic response to the impact of covid-19 on the evanston community. Grants from the fund focused on three overlapping phases of response: relief, recovery, and rebuilding. Through deep listening and partnership, new grant opportunities were launched to address immediate basic needs, support collective and enduring initiatives, and provide operating support for nonprofits. Our experience in 2020 with the evanston community rapid response fund taught us new ways to think about investing in our community. In 2021, we wound down the rapid response fund grantmaking, and created new grant programs focused on equitable innovation, nonprofit growth and sustainability, cohort learning, and collective and enduring initiatives.”

“The foundation strengthens evanston's nonprofit organizations through partnerships and collaborations, delivers workshops for nonprofits and our leadership evanston program, and promotes community engagement.”

“Investment income ALLOCATED TO FUNDS HELD AS AGENCY ENDOWMENTs: $(972,981)”