Bbb Wise Giving Alliance

“The voting members of the board of directors consist of the following individuals: the cbbb president, two individuals who are appointed by the cbbb board after consulting with the bbb wise giving alliance governance and nominating committee, two individuals who are bbb presidents/ceos and elected by the board of directors, and ten to sixteen individuals who are elected by the board of directors.”

“The following decisions are subject to the approval of the president of the council of better business bureaus inc: amendment of by-laws and articles of incorporation, sale, termination and mergers.”

“A draft of the irs form 990 is shared with the bbb wise giving alliance audit committee and board of directors prior to its submission to the irs, taking into account their comments.”

“Per 2015 changes to the bbb wga bylaws, bbb wga no longer functions as a single membership corporation. Bbb wga is in the process of making this change to its articles of incorporation.”

“Bbb wise giving alliance board members are annually asked to complete a conflict of interest form. No conflicts have arisen, so follow-up was not required.”

“The board of bbb wga reviews the performance of the president and ceo. The board sets goals and expectations for the entity, and president and ceo position and assesses the president and ceo's performance in meeting those goals. This assessment is used in conjunction with a review of compensation information available for similar positions each year in determining the president and ceo's compensation.”

“Bbb wise giving alliance audited financial statements and other governing documents are made available to inquirers upon request.”

“The cbbb president & ceo serves on the bbb wga board, representing cbbb pursuant to bbb wga bylaws and a license agreement between bbb wga and cbbb which seeks to strengthen their strategic alliance and ensure collaboration with cbbb in developing and realizing mutual organizational goals.”

“Bbb wise giving alliance's irs form w-3, transmittal of wages and tax statement, is included as part of the filing for council of better business bureaus, inc., a related organization. The bbb wise giving alliance (bbb wga) is affiliated with the council of better business bureaus, inc. (cbbb), a business membership organization tax exempt under section 501(c)(6) of the internal revenue code. Bbb wga reimburses cbbb for rent, accounting services, postage, office supplies, legal services, and technical consulting. In addition, bbb wga reimburses cbbb for salaries, payroll taxes, and benefits of alliance staff persons paid through cbbb. All staff engaged in the operations of bbb wise giving alliance are employees of the council of better business bureaus, inc.”

“Bbb launched its "advancing collaboration" project in 2017 which featured an article series created in partnership with stanford social innovation review. This series, in part, sought to encourage charities to seek out new partnerships to help reach larger audiences while sharing risk and helping achieve more than an organization can do alone. The project also introduced a collaboration pledge that a charity can display on its website. The american society of association executives (asae) foundation recognized the advancing collaboration project with an innovoative grants award.”

“Consulting: program service expenses 248,194. Management and general expenses 0. Fundraising expenses 0. Total expenses 248,194. Temporary staff: program service expenses 0. Management and general expenses 446. Fundraising expenses 0. Total expenses 446.”

“The audit oversight process remains unchanged from the prior year.”

“The functional allocation of compensation expenses into the three expense categories of program services, management and general, and fund raising was based on time sheet data that kept track of actual staff time spent on these activities during 2017.”