Democracy Fund Voice Inc

“Currently there are no separate committees with authority to act on behalf of the governing body.”

“The process followed for review of the Form 990 is to distribute it to the Board of Directors for independent review by the Board Members for review, discussion, and comment. Any questions that arise are discussed and addressed by the Members of the Board of Directors.”

“Democracy Fund Voice, Inc. monitored and enforced its conflict of interest policy by gathering from its directors and officers disclosure of conflicts of interest. The policy outlines a process to be undertaken if there is a potential violation of the policy.”

“Democracy Fund Voice, Inc. places a high value on ethics and transparency. Our Forms 990, other governing documents and conflict of interest policy are available upon request.”

“This note explains the relationship between DFV and DF and how that relationship is reflected in DFV's responses to questions in Part VII. As explained in Democracy Fund Voice's Form 1024, Democracy Fund Voice and Democracy Fund are parties to a cost-sharing agreement, under which Democracy Fund charges Democracy Fund Voice for its proportionate share of office space, employee services, and administrative expenses. DFV and DFI, however, are not "related organizations" under the Form 990 definition of that term. Therefore, this Form 990 does not include Schedule R, where related organizations are required to disclose information about shared costs and services. In the interest of clarity and transparency, in Part VII, DFV reports the total amount of compensation paid to the listed individuals, and DFV reimburses DF for its proportionate share of that amount, per the cost-sharing agreement.”

“Consultants: Program service expenses 1,167,410. Management and general expenses 109,885. Fundraising expenses 0. Total expenses 1,277,295. Consultants Out of Pocket Expenses: Program service expenses 21,998. Management and general expenses 3,559. Fundraising expenses 0. Total expenses 25,557. Contracted Services: Program service expenses 0. Management and general expenses 2,742. Fundraising expenses 0. Total expenses 2,742. Consultants - Honoraria: Program service expenses 65,500. Management and general expenses 23,000. Fundraising expenses 0. Total expenses 88,500. Outsourced Staff Support: Program service expenses 29,696. Management and general expenses 60,815. Fundraising expenses 0. Total expenses 90,511. G&A Services: Program service expenses 1,227,962. Management and general expenses 533,877. Fundraising expenses 0. Total expenses 1,761,839.”

“Democracy Fund, Inc, an affiliated entity, performs all compensation analysis for the appropriate individuals.”