The Banyan Foundation

“The organization does not have any committees which have the authority to act on behalf of the governing body.”

“Form 990 is prepared by an independent cpa. It is reviewed by the executive director, accountant and appropriate staff. It is then presented to the finance committee for review, and then presented to the board of directors for approval prior to filing.”

“The conflict of interest policy is presented verbally and in writing to each new employee and board member, who must read and sign it. Annually, the policy is presented again and each employee and board member is asked to sign an annual renewal form. The policy is written so employees and board members are obligated to report any changes in conflict of interest. Also, supervisors are asked to observe and report any potential conflict to the executive director. If any conflicts are noted, they are to be made to the board chair who will bring the matter to the board.”

“A current copy of minnesota council of nonprofits salary and benefit summary is obtained and reviewed for comparable salary and position description. The executive director uses this information, plus performance evaluations, to determine salary. Proposed staff salaries are presented to the finance committee and then to the board of directors for approval. The finance committee receives the same pertinent information regarding the executive director in order to evaluate and determine the ed's salary. The information is presented to the board of directors for approval.”

“Organization will provide copies of its governing documents upon request.”

“The banyan community is a community development organization that conducts its mission and programs in a low income urban neighborhood. The focus is on developing youth, strengthening families, and creating a strong vibrant community.”