1882 Project Foundation

“Shirley woo and walter woo are directors for the 1882 project foundation. The woos are married.”

“Social capital solutions, inc. Provides management services for the foundation.”

“Form 990 is electronically submitted to the board members asking for comments and questions”

“1882 project foundation's conflict of interest policy complies with the irs guidelines. Any individuals serving on the board of directors who receives compensation or reimbursements cannot take part in the decision making process of a transaction that directly affects or benefits them. Anyone wishing to receive a payment from 1882 foundation has to comply with the process by submitting a written request that clearly states the payment amount, reason for payment, and copies of receipts or invoices paid. The executive director must approve the request before the administrative services director processes the payment (often electronically via td bank or quickbooks online). Handwritten checks are issued by the executive director.”

“1882 project foundation relied on comparable data provided by adp to determine appropriate salary and wages for employees and contractors. Staff also applies the 3-vendor cost comparison approach to determine appropriate service and vendor fees. Interested parties are excluded from the decision making process.”

“Governing documents and financial statements upon request”

“The 1882 project foundation's program services income in 2024 included fees for participation in conferences and special events as well as fees for facility usage of shared office space.”

“Contractual project services: program service expenses 111,445. Management and general expenses 0. Fundraising expenses 0. Total expenses 111,445. Fundraising fees: program service expenses 0. Management and general expenses 0. Fundraising expenses 300. Total expenses 300.”