Groundswell Fund

“Form 990 is prepared by an outside tax professional. The form is then reviewed bythe organization's management, the cfo, and the executive director. This group of individuals then discusses the contents of the return with the outside tax professional. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service.\”

“Members of the board of directors review all potential conflicts of interest atleast annually. All personnel and board members are required to disclose (inwriting) potential conflicts and any related party affiliations. Loans between theorganization and members of management and the board are strictly prohibited. Theorganization seeks full transparency on all relationships. Any potential conflicts(in fact or appearance) are discussed openly and resolved in accordance with theorganization's policies and procedures.”

“Members of the board of directors review the compensation of all high-level personnel periodically in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures.”

“Compensation of other high-level personnel and key employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files.”

“All of the organization's governing documents, financial statements and other legalfilings are maintained in a secure environment and held available for inspection bytax authorities and the general public. Tax returns are posted annually towww.guidestar.org (where they are available for viewing as electronic copies) and are also available upon request.”

“OTHER PROGRAM SERVICES 4: Since inception, Groundswell has granted more than $32 million to the U.S. reproductive justice (RJ) movement the primary movement engaging women of color, low-income women, young people, and LGBT people as grassroots activists on reproductive issues.For more than a decade, we have enabled a growing community of foundations and individual donors to increase the impact of their giving to this movement by offering them a different kind of philanthropic model and community:1. Different in who we are: Our program staff come directly out of community and labor organizing, and have a combined 70 years of grassroots organizing and civic engagement experience within communities of color. Our board of directors is comprised of grassroots leaders [continued on Schedule O]”

“Change in unamortized discount = $93495”