Ada Foundation

“Through june 2019, the executive director with the human resource department reviewed and determined the compensation for key employees. The human resources department obtains comparability data on annual salary increases every 3 to 5 years and monitors a comprehensive compensation program.”

“Through june 2019, there was an executive committee comprised of the president, who shall be the chair of the executive committee, the president elect, and at least four (4) other directors selected from among the chairs of the various standing committees as determined by the president from time to time. The executive committee shall have and may exercise all the authority of the board of directors in the management of the corporation between meetings of the board of directors, provided the executive committee shall not have any authority of the board of directors to (a) remove any executive director of the corporation, or (b) amend, alter, or repeal any resolution of the board of directors unless such resolution, by its terms, provides that it can be amended, altered or repealed by the executive committee.”

“The composition of the board is now four directors.”

“The sole member ada appoints and elects all four members of the board.”

“The member has the power to appoint and remove all directors, to amend the bylaws and to merge or dissolve the corporation.”

“The bylaws of the foundation provide that the member has the right to vote on the following: amendment or repeal of the articles of incorporation of the foundation; any amendment of the bylaws that would change any of the rights of the member, including the right to elect the ada directors; the election and removal of ada directors; any merger of the foundation; the dissolution of the foundation the disposition of all or substantially all of the assets of the foundation.”

“The form 990 was reviewed by management prior to filing. Financial information was compared to the organization's books and records. Responses to questions and additional information were reviewed for appropriateness. A copy of the form 990 will be sent to all board members after filing.”

“There is an annual review of the conflict of interest policy. Board members and executive employees are required to sign the conflict of interest disclosure form each year. In-house legal counsel collects and reviews responses and determines necessary action, if any. Individuals who have a disclosed conflict recuse themselves from discussion, and do not vote if there is a direct conflict.”

“Through june 2019, the ada foundation board reviewed and determined the compensation for the executive director. Currently, the compensation committee of the board of trustees of the sole member ada determines and reviews the compensation of the executive director, officers and members of the board of trustees on an annual basis. All employees' salaries are made available to the board of trustees upon request for examination and any deliberations or decisions based on the review is documented in the board minutes. The human resources department obtains comparability data on annual salary increases every 3 to 5 years and monitors a comprehensive compensation program.”

“Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to internal revenue code (irc) section 6104. These documents are not available to the public at this time.”

“The ADA Foundation is focusing its efforts on research and science to benefit both the public and the profession.”

“(Expenses $ 232,850 including grants of $ 90,000) EDUCATION: HELP ACADEMICALLY GIFTED PREDOCTORAL DENTAL STUDENTS DEFRAY A PART OF THEIR PROFESSIONAL EDUCATION EXPENSES. ALSO, PROVIDE AWARDS TO ORGANIZATIONS THAT SUPPORT PROGRAMS TO IMPROVE CHILDREN'S DENTAL HEALTH BY EDUCATING PARENTS, CAREGIVERS AND PREGNANT WOMEN ON THE VALUE OF GOOD DENTAL HEALTH.”

“The Audit Committee of the member acts as the Audit Committee of the foundation.”