Women'S Funding Network

“Members vote on the election of board members and any change to the membership criteria.”

“Form 990 review policy: women's funding network recognizes that the governance role of its board includes the annual review of form 990. Accordingly, the organization facilitated a review of form 990 by the entire board immediately after the 990 was filed. Board review procedures for form 990: senior management of the organization is responsible for the timely preparation of form 990. The completed form 990 will be provided to the finance committee of the board immediately after the filing deadline (given the scheduled board meeting date) to enable a detailed and conscientious review by all members of the committee. All questions, concerns, etc. Of the finance committee members will be addressed by the chief strategist and incorporated into form 990 as appropriate.”

“The organization requires all board members to disclose any known or potential conflicts of interest at the time of appointment to the board using a pre-defined conflict of interest disclosure and acknowledgement form. These forms are at the time of appointment to the board using a pre-defined conflict of interest disclosure and acknowledgement form. These forms are board members possessing a conflict of interest are prohibited from participation in deliberations, actions and votes on matters associated directly or indirectly to those conflicts. Board members are further required to update their conflict of interest forms annually through the duration of their current and any subsequent terms.”

“For 2022, the executive committee is composed entirely of people that have no conflict of interest. The committee is responsible for conducting the performance review and salary adjustment of the president/chief executive officer. The performance review process includes a compensation survey of comparable organizations, research for published salary benchmarks, and discussion among the committee. The review and recommendation is documented and submitted to the board of directors. The board then discusses the recommendation and decides on the compensation annually. The board decisions are documented and approved by the chair of the board of directors. The last compensation review for the chief executive officer was in 2020.”

“Governing documents and conflict of interest policy are available to the public upon request. Externally audited financial statements are available on the organization website.”

“Professional fees and consulting”