Rsf Social Investment Fund Inc

“The organization does not have "members" by definition of the bylaws; however, the form 990 instructions define a "member" as any person (including a corporation) with the power to elect members of the governing body and/or receive a share of the organization's net assets upon dissolution. Accordingly, the organization has one sole member: rsf social finance, inc.”

“No less than a majority of the directors of rsf social investment fund, inc. Are elected by rsf social finance, inc., the supported organization.”

“The form 990 was prepared by an independent tax preparer in conjunction with the organization's finance and accounting staff. The vp, finance and ceo then review a draft of the form 990; adjustments or revisions are made, as necessary. The completed form 990 was then distributed to all board members prior to filing with the internal revenue service.”

“All trustees and senior staff (including officers and key employees) are required to complete and sign annual conflict of interest disclosure statements which: (i) disclose any relationships, positions, or other circumstances that could potentially constitute a conflict of interest; (ii) acknowledge receipt and understanding of the full conflict of interest policy; and (iii) affirm that they will comply with the conflict of interest policy. Any alleged breaches of the conflict of interest policy are reported to the audit committee, who determine whether there is a conflict of interest, review and investigate, and recommend course of action. The person with which a conflict might exist is not allowed to vote on the transaction or otherwise try to influence the decision-makers. The audit committee's decision in regards to the matter is documented in the minutes of committee meeting.”

“Form 990, part vi, section b, lines 15a and 15b have both been marked no (as mandated by the form 990 instructions) as the organization's chief executive officer and all other officers/key employees are compensated by a related organization. Please reference the schedule o disclosure in rsf social finance's form 990 for a description on how compensation for these individuals is determined.”

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