Incourage Community Foundation Inc.

“Upon completion of preparation of form 990 by a third party accounting firm (accomplished with significant input from a variety of staff members) the chief financial officer posts the final form 990 draft for review by each board member and certain staff members prior to filing, seeking their review and comments with respect to the filing to be made. Any and all comments received are reviewed for whether an adjustment needs to be made to the form 990 that was available for review. After all comments have been cleared, the final form 990 is posted for all board members and certain staff members, noting any significant adjustments that were made as a result of their review, and the final form 990 is submitted to the irs.”

“Conflict of interest disclosure forms are completed annually by directors, staff and most committees. When potential conflicts of interest arise, the conflicted person is allowed an initial opportunity for input to the discussion with final discussions and voting, if any, done without their input.”

“The board of directors reviews ceo pay annually taking comparative pay data into consideration, including regional and national foundations as well as community development organizations and data on peers with whom our ceo is most comparable. The ceo recommends detailed staff pay and the board of directors reviews staff positions and overall pay through the forecasting process, taking comparative pay data into consideration where available and appropriate. Forecasts are subject to board review.”

“Documents are available upon written request at incourage community foundation, inc. Attention: finance, 478 east grand avenue, suite 200, wisconsin rapids, wi 54494, or by email request to [email protected] to the attention of finance.”

“Reportable compensation for the president/ceo is further detailed on schedule j. As additional information, the following are further details with respect to employees listed on form 990, part vii, column (d) reportable compensation: base reportable comp other comp * total kelly ryan 154,500 51,611 206,111 president/ceo to 10-31-2019 dawn neuman 101,139 22,117 123,256 chief financial officer heather mckellips 87,500 19,556 107,056 coo to 10-31-2019, then interim ceo to 1-31-2020 * consists prinicpally of cash compensation incourage pays in lieu of providing group insurance benefits, at the rate of 22.35% of base compensation, which rate has been the same for several years. Further details with respect to the components of compensation are included on schedule j, part iii.”

“The most current forms 990 and 990-t are posted on incourage's website. Form 1023 and the two prior year forms 990 and 990-t are available upon written request at incourage community foundation, inc., attention finance, 478 east grand avenue, suite 200, wisconsin rapids, wi 54494, or by email request to [email protected] to the attention of finance.”

“Consulting and professional services: program service expenses 36,889. Management and general expenses 7,286. Fundraising expenses 3,182. Total expenses 47,357. Community investing advisory: program service expenses 95,164. Management and general expenses 0. Fundraising expenses 0. Total expenses 95,164. Tribune & sustainable communities advisory: program service expenses 175,693. Management and general expenses 0. Fundraising expenses 10,000. Total expenses 185,693.”

“Grant expense cancellations 17,713.”

“The process has not changed from the prior year. The full incourage board fulfills these responsibilities.”

“Kelly ryan served as president and ceo of incourage until october 31, 2019; after which time heather mckellips served as interim ceo until january 31, 2020; after which time betsy wood is serving as managing director.”

“Incourage had 9 employees at 12-31-19, all of which were part-time.”