Save the Children Action Network

“Form 990 review process the substantially complete scan form 990 was reviewed by the scan board of directors in july of 2020 then sent to the audit committee of the scus board and filed with the irs prior to the november 16, 2020 due date.”

“Compliance with conflict of interest policy under its bylaws and its code of ethics & business conduct, scan's directors, officers, and other employees are required to promptly disclose any potential conflicts of interest, in writing. All directors, officers, and other key employees are also required to submit an annual disclosure form to the secretary of the corporation, who verifies their submission and maintains records of any potential conflicts. In the event that a transaction poses a potential conflict of interest for any officer or director, the bylaws provide for the trustees' full consideration of all material facts and circumstances to determine whether the transaction is fair, reasonable, and in the corporation's best interests. In the event that a transaction poses a potential conflict of interest for a key employee other than an officer, the employee's supervisor and next-level supervisor are charged with ensuring that the employee does not take part in the transaction.”

“Determining compensation scan has adopted the policies of its related entity, scus, relating to compensation including the surveys done by scus' compensation committee. Officers are compensated for services provided to scan. Compensation for the president, corporate secretary, and treasurer was paid by a related organization, scus, for services provided to scus and scan. The compensation policies of scan and review and approval of compensation are subject to the oversight and review by the board of directors of scan.”

“Scan makes its governing documents and financial statements available upon request.”

“Compensation of shared officers mark shriver, elizabeth zorio and eid natour were compensated in 2019 for services performed for scan and scus. The compensation reported in part vii represents the individuals' total compensation for the year, and not compensation for services performed for this organization. Form 990, part viii, line 1d and schedule b in 2019, the organization received a $4,641,276 contribution from a related entity, save the children federation, inc. Form 990, part xii, line 2c audited financial statements scan activity is included in the consolidated audited financial statements of its sole member, scus.”

“Scan aims to mobilize all americans in a commitment that cannot wait-investing in early childhood now by focusing on early education and child care in the us and the protection of vulnerable child populations globally. Form 990, part vi, lines 6, 7a, and 7b organization members per the organization's certificate of incorporation and bylaws, scus shall be the sole member of scan. The bylaws provide that all members of the board of directors shall be appointed by the member, the member shall have the power to remove any one or more of the directors at any time in its discretion with or without cause. In addition, only the member shall have the power to adopt, amend or repeal the bylaws, and only the member shall have the power to amend the certificate of incorporation.”