Dekalb County Community Foundation

“A copy of the complete form 990, is emailed to every foundation board member as a complete pdf document. Foundation board members are asked to review the entire form and notify the executive director with any questions or concerns within one week, after which time the 990 is filed.”

“The foundation regularly and consistently monitors and enforces compliance with its conflict of interest policy by considering any real or potential conflicts prior to any voting among the board in official board meetings or committee meetings. Members are asked if they have any conflicts of interests that have not been previously disclosed. An additional conflict document is used with the grants committee prior to recommending bi-annual grants to community organizations.”

“The compensation of the foundation's executive director and other employees is set by the board of directors at the direction of the finance committee. The board president consults a national salary study/survey provided each year by the council on foundations, a memebership organization serving over 700 community foundations. Data in the report consist of median and mean salary figures for executive directors and other key positions based on the foundation's asset size. Consideration is also given to executive director and other key position salaries of other nonprofit organizations in dekalb county in determining foundation salary levels. Discussion of the executive director and other key position's salary occurs around the time of performance reviews and is documented in meeting minutes.”

“See above in 15a for key employees compensation process.”

“The foundation makes its governing documents, conflict of interest policy, and financial statements available to the public. All of these documents are available upon request to anyone at anytime. The foundation's website mentions the availablility of these documents in the business office and the foundation's annual report states that the following information is available upon request from our office: names of investment managers and fees charged, full audited financial statements, irs form 990, governing documents, and conflict of interest policy.”

“Our purpose is to serve donors in achieving their philanthropic objectives, to create and build a lasting source of revenue to benefit the residents of our community, and to provide leadership and resources in addressing community needs.”

“Change in crt beneficial interest -10,318 change in crt beneficail interest 0 total -10,318”

“The oversight of the audit of the organization's financial statements and selection of an independent accountant has not changed from the prior year.”