Miriam Foundation

“The organization ensures transparency by sharing a draft 990 with the Finance Committee for approval. Feedback is integrated before filing with the IRS. Additionally an electronic copy is distributed to the full Board of Directors pre-filing to promote oversight and alignment with organizational goals.”

“The organization conducts annual Conflict of Interest Policy reviews with Board Members ensuring they disclose any potential conflicts. This process includes documenting receipt and addressing any relationships or activities that could create conflicts of interest. This proactive approach promotes transparency and accountability within the organization fostering trust and integrity in decision-making processes.”

“| Name of the Person:, The process used to establish compensation of the person who served in:|, The year in which this process was last undertaken:| Meghan Bamford, The Board of Directors or designated Compensation Committee conducts a formal review of the Head of Miriams compensation at least bi-annually. The review will be based on: 1. Comparable Data: Salary and benefits data from similar-sized nonprofits and sector benchmarks. 2. Performance: An evaluation of the Head of Miriams performance against agreed-upon goals and strategic outcomes. 3. Financial Health: Consideration of the organizations current financial condition and future sustainability., 2023|”

“The organization ensures transparency and accountability by providing access to its Governing Documents Conflict of Interest Policy and Financial Statements upon request. This commitment to openness allows stakeholders to review essential information fostering trust and demonstrating a dedication to integrity in all operations.”

“| Description:, Explanation:, Amount:| Split interest change in value, Split interest change in value, $376| Recovery of previously written off pledges, Recovery of previously written off pledges, $14754| Bad debt expense, bad debt expense, $-28697|”

“| Explanation:| The Miriam Foundation has received an extension for filing its 2023 Form 990 with the new deadline set for May 15 2025. This extension allows the organization additional time to ensure accurate and thorough reporting of its financial information and activities to maintain compliance with regulatory requirements. The Foundation acknowledges the importance of meeting these obligations to uphold transparency and accountability in its operations.”

“| Explanation:| Schedule D Part X line 2: Miriam Foundation is organized as a Missouri nonprofit corporation and has been recognized by the IRS as exempt from federal income taxes under IRC Section 501a as organizations described in IRC Section 501c3 qualify for the charitable contribution deduction under IRC Sections 170b1Aii and have been determined no to be a private foundation under IRC Section 509a1 and 3. Annually Miriam Foundation is required to file a Return of Organization Exempt from Income Tax with the IRS. In addition Miriam is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. Miriam had determined that it is not subject to unrelated business income tax and has not filed an Exemption Organization Business Income Tax Return Form 990T with the IRS. Miriam has addressed the provisions of FASB ASC 740 Accounting for Income Taxes. In that regard Miriam has evaluated its tax positions expiring statutes of limitations audits proposed settlements changes in tax law and new authoritative rulings and believes that no provision of income taxes is necessary at this time to cover any uncertain tax positions.”