Just Capital Foundation Inc

“The financial statements of just capital foundation, inc. (the "foundation") were audited by an independent accountant, as required by the applicable state law under the direction of an audit committee. The form 990 is prepared by an independent accountant and reviewed by the organization's officers, president and audit committee who are given ample time and opportunity to discuss their comments and questions with the preparer, the organization's legal counsel and, if needed, other members of the organization's board of directors. Finally the foundation will provide a copy of the form 990 to the board of directors (each member receiving their individual copy), giving the board an opportunity to provide input and address its questions or comments before or at the next board meeting before filing with the irs.”

“Each director, officer, and other staff member and committee member with governing-board-delegated powers shall, before initial election or appointment and annually thereafter, sign a statement and give such statement to the secretary of just capital foundation, inc., which affirms that such person:(a) has received a copy of the conflict of interest policy, (b) has read and understands the conflict of interest policy, (c) has agreed to comply with the conflict of interest policy, (d) understands that the foundation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes (and will endeavor to further such purposes), and (e) understands that he or she must disclose any conflict of interest; specifically, the director, officer, and other staff member, or committee member must identify, to the best of his or her knowledge any entity of which he or she is an officer, director, trustee, member, or employee and with which the foundation has a relationship, and any transaction in which the foundation is a participant.”

“The executive committee approves the compensation of the foundation's ceo after a review of his qualifications, his proposed employment contracts, and comparability data from other organizations. A summary of each review and decision is provided in the minutes of the board meeting at which (or the unanimous written consent in lieu of meeting in which) the decision was made. For the remainder of officers and key employees, the ceo determines compensation with consultation from the executive committee.”

“Governing documents, conflicts of interest policy, and financial statements are available to donors and prospective donors upon request.”

“The process has not changed from the prior year.”