On Being Project

“The number of board members are determined by the board of directors, change resolutions are subject to the affirmative vote of krista tippett.”

“The organization's bylaws may be amended by an affirmative vote of a majority of the board of directors, including krista tippett.”

“The organization did not have any committees with authority to act on behalf of the board of directors during the year covered by this return.”

“The form 990 was prepared by an independent public accounting firm and reviewed in detail by ktpp management. The form 990 was provided to each board member for review and comment prior to filing with the irs.”

“The organization's conflict of interest policy applies to any director, principal officer, or member of a committee with board-delegated powers. Each covered member annually signs a statement affirming that they have received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands that the organization is a charitable organization that must engage primarily in activities that accomplish one or more of its exempt purposes. In connection with any actual or possible conflicts of interest, a covered person must disclose the existence of the financial interest and must be given the opportunity to disclose all material facts to the directors or committee members considering the proposed transaction or arrangement. The interested person will leave the meeting while the determination of a conflict of interest is discussed and voted upon by the remaining board or committee members. If appropriate, the board chair will appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. If a more advantageous transaction or arrangement is not reasonably attainable under the circumstances that would give rise to a conflict of interest, the board or committee shall determine by majority vote of the disinterested directors whether the transaction or arrangement is in the best interest of the organization. The minutes of the board of directors and all committees with board-delegated powers record all proceedings resulting from potential or actual conflicts of interest including alternative arrangements explored.”

“The organization retained the compensation package for the president, k. Tippett as determined by a predecessor organization in 2012 prior to the organization's existence. The compensation for the current tax year included a cost of living adjustment. The organization's independent members of the board of directors will use appropriate comparability data and document the process and deliberation and final determinations for the next compensation review for the president, which will take place during the 2015-2016 fiscal year.”

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