Book Industry Charitable Foundation

“The executive committee (president, vice president, secretary, and treasurer) will review the full and complete 990 prior to filing, and the full and complete 990 will be issued electronically to all board members prior to filing for their feedback. In addition, the 990 will be reviewed at the first board meeting after the 990 has been filed.”

“The policy is reviewed each year when new bod members are added. All bod members are requred to sign and return the conflict of interest statement when they join the board. In addition, the board member role description includes a conflict of interest statement and the statement is reviewed at the first bod meeting of every fiscal year.”

“A compensation review of the executive director's salary was conducted at the end of 2022 by the executive committee, led by the board president. As part of this process, in addition to historical and comparative data, the executive committee considered the effects of inflation after several years of salary freeze, as well as the growth of the organization since the most recent salary review.”

“Minnesota, mississippi, new hampshire, new jersey, new mexico, new york, north dakota, ohio, oklahoma, oregon, pennsylvania, rhode island, west virginia, north carolina, south carolina, tennessee, utah, virginia, washington”

“The foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Financial assistance program - provides assistance to employees, owners, and former employees. This centerpiece program provides short-term financial assistance to book and comic industry employees, owners, and former borders employees and their immediate families who have demonstrated financial need arising from severe hardship and/or emergency circumstances, including but not limited to, disaster relief, serious medical condition, loss of household income due to death of employee or immediate family member, divorce or separation or partner's/spouse's job loss. Additionally, the book industry charitable foundation made available other tools to help affected employees deal with ongoing financial challenges. These tools include resource directories, budget planning guides and financial management tools.”

“Binc tank pilot - this is a three-year pilot program designed as a business incubator focusing on helping entrepreneurs open bookstores in underserved markets. Mental health wellness - designed to provide access to professional mental health services for eligible booksellers and comic retailers, the program connects individuals in the bookselling community with licensed therapists through a telehealth partnership. Individuals, couples, and teen therapy services are provided. The foundation also provides emergency on-site therapy for groups involved in traumatic events such as shootings, burglaries, and staff suicides.”