Ellen Macarthur Foundation USA Inc

“The only members of the corporation shall be the persons who at the time of determination are directors of the corporation.”

“The directors shall be elected at each annual meeting of members by the vote of a majority of the members.”

“An annual meeting of members for the election of directors and for the transaction of such other business for which a vote of members is required by law shall be held each year either within or without the state of delaware on such date and at such place and time as are designated by resolution of the corporation's board of directors.”

“All members of the board will receive a copy of the form 990 for review and approval prior to its filing.”

“The board of directors meet at least twice a year and discusses any potential conflicts of interest.”

“In 2022, the organization conducted an organisation-wide salary review, in conjunction with global hr consultancy, mercer. Through this process, all roles were graded and mapped onto 7 bands. Salaries are benchmarked for each role against commercial organisations, and overall benefits packages including flexible working are fully articulated. Work to complete this banding adjustment continued through 2023, and salary reviews are now conducted annually using mercer market data, in line with a regular performance review process. The executive leadership team is responsible for considering, agreeing, and overseeing the overall remuneration philosophy and policy of the foundation. The people lead holds overall accountability and ownership for pay and benefits and provides oversight of remuneration decisions and recommendations. Country leads share this responsibility within their jurisdictions to account for regional variations. Recommendations for salary changes are evaluated against internal considerations (organisation structure, competencies, performance, affordability) and external factors (market benchmarks, cost of living assessments). Any ceo and coo salary adjustments and bonuses are discussed and agreed by the trustees.”

“The organization complies with irc section 6104 in regards to public disclosure. As such, their annual information returns and governing documents filed with their tax exemption application are available for public inspection upon request.”

“The launch of the circular electronics program, which is designed to reduce the world's fastest growing waste stream, electronic waste. We are engaging with policymakers and industry leaders to co-create and action solutions that build infrastructure and the economic case for the circulation and second life of popular consumer electronics such as smartphones, laptops and tablets.”

“Prior year adjustment -3,608.”