The Israel Project

“Arlene bearman and sheldon bearman have a family relationship. Each serve on the board of directors of the israel project, but only have one vote.”

“The form 990 was prepared by the outside accountants and reviewed by senior management and the audit committee. A copy was provided to the full board for approval before filing with the irs.”

“Annually, board members and employees complete a conflict of interest disclosure form. In connection with any actual or possible conflict of interest, an interested person disclose the existence of any financial interest and is given the opportunity to disclose all material facts to the directors and members of committees with governing board-delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she leaves the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members decide if a conflict of interest exists. After exercising due diligence, the governing board or committee determine whether tip can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee determines by a majority vote of the disinterested directors whether the transaction or arrangement is in tip's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it makes its decision as to whether to enter into the transaction or arrangement.”

“The israel project has established a compensation policy plan that recognizes the nature of the organizational structure, including several factors when considering compensation - the size of the organization's current budget plus the economic climate, the nature of the job market, competitive differentials, pay scales for all levels of management and non-management positions and cost of living. Using this policy, the compensation committee reviews the ceo and president's compensation. Deliberation and decision of the compensation review is documented. The last review took place in september 2017.”

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request.”

“In addition to the states listed above with which a copy of the form 990 is required to be filed, the israel project also filed a copy of its form 990 with the following states: ak, co, dc, nd, oh, ok, and wa.”