Child Center Foundation

“Child center foundation does not pay an agency management fee to any organization; however, all management services are provided by child center - marygrove and the archdiocese of st. Louis.”

“The organization has one member - catholic charities of st. Louis. Additionally, the archbishop of st. Louis is a member with reserved powers over catholic charities of st. Louis, by which the archbishop also has reserved powers over the organization.”

“As a member with reserved powers over catholic charities of st. Louis, by which the archbishop of st. Louis also has reserved powers over the organization, the archbishop of st. Louis has the authority to elect and/or approve persons to the board of directors of the organization.”

“As they are members with reserved powers, various decisions of the organization are subject to approval by catholic charities of st. Louis and the archbishop of st. Louis. Additionally, the audit committee of the archdiocese of st. Louis is responsible for the selection of the independent auditor for all archdiocesan entities.”

“The organization has provided a .pdf copy of the form 990 to the members of the governing board via email prior to filing of the tax return. The email sent to the governing board requests that all members review the form 990 as of a select date. Any questions and comments are sent to the chief financial officer of child center-marygrove, dba: marygrove. Once all questions and comments are reviewed/cleared by the chief financial officer, the form 990 is accepted for filing and a representation letter is signed by the executive director. At this point, the form 990 is filed with the irs.”

“Upon membership to the board of directors, persons are required to review and sign a conflict of interest policy. Additionally, all other officers, directors, and key employees are required to review and sign the conflict of interest policy on an annual basis. The chair of the board development committee monitors any potential conflict of interest issues.”

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

“The audit committee of the archdiocese of st. Louis assumes responsibility for oversight of the audit of the financial statements and selection of an independent auditor.”