Change Org Charitable Foundation Inc.

“1. Preparation: the foundations finance manager shall be responsible for the timely completion of the foundations form 990. He/she shall coordinate the selection of an external tax accountant to aide in the preparation of the form and its necessary materials, with approval from the board of directors. Approval shall come in the form of a board resolution, passed by a majority of voting directors. 2. Distribution: upon completing the preparation of the form 990 for a given tax year the finance manager shall provide a copy of the final document to the following individuals: treasurer of the board of directors, chairman of the audit committee, and president of the board of directors. All other directors shall be notlfied that copies are available for review and those who request a copy of the 990 shall be given one, but are not obligated to be supplied with a copy unless they request one. 3. Review: the finance manager must arrange a meeting or allow for q&a in some other format (as agreed to by the form 990 recipients) that allows for the recipients of the form 990 to ask quesbons about its content until they are satisfied with the final product and give their consent to move forward with filing it. 4. Filing: the form 990 shall be filed with the irs (and applicable state and local agencies) in a timely manner.”

“Annual disclosures: once a year, the secretary (with assistance from the assistant secretary) will circulate a form to all directors and officers soliciting the disclosure of all conflicts of interest with the foundation. This form will request specifics regarding any contracts or other agreements between the foundation and the respective directors and officers and any other business entities in which they have an interest. Board resolutions: prior to all votes by the board of directors, all directors must ensure that no conflict of interest exists for them as defined by the corporate bylaws. Should a conflict exist, the director(s) affected must abstain from the vote. Prior to each meeting of the board of directors, the assistant secretary will examine conflict of interest disclosures to identify potential mandatory abstentions. However, directors are required to self-enforce their obligation to abstain from such votes and should not rely solely upon the secretary and assistant secretary to dictate the decisions from which they should abstain.”

“It is the policy of the corporation to pay no more than reasonable compensation for services rendered to the corporation. The board of directors must approve in advance the amount of all compensation for officers of the corporation. Before approving the compensation of an officer, the board shall determine that the total compensation to be provided by the corporation to the officer is reasonable in the amount in light of the position, responsibility and qualification of the officer for the position held, including the result of an evaluation of the officer's prior performance for the corporation, if applicable. In making the determination, the board shall consider total compensation to include the salary and the value of all benefits provided by the corporation to the individual in payment for services. At the time of the discussion and decision concerning an officer's compensation, the officer should not be present in the meeting. The board shall obtain and consider appropriate data concerning comparable compensation paid to similar officers in like circumstances. The board shall set forth the basis for its decisions with respect to compensation in the minutes of the meeting at which the decisions are made, including the conclusions of the evaluation and the basis for determining that the individual's compensation was reasonable in light of the evaluation and the comparability data. This process is documented and was last done october 2020.”

“Governing documents and other public documents are available upon request.”

“The foundation is in the process of finalizing its written whistleblower policy and implementing processes to consistently monitor and enforce compliance therewith and it will be effective starting in 2021.”

“During the year ended 12/31/2020, one of the officers and directors of the change.org charitable foundation was also an officer and employee of change.org, inc., a for-profit organization. This director of the change.org charitable foundation does not receive any benefit, directly or indirectly, from his involvement with the foundation.”

“Program consultants: program service expenses 1,364,757. Management and general expenses 223,754. Fundraising expenses 227,527. Total expenses 1,816,038.”