Student Press Law Center Inc.

“The chair, the vice chair, the treasurer and the chairs of the programming and governance committees of the board shall constitute the executive committee. The secretary shall sit with the executive committee ex-officio except that the chair may at his or her discretion declare an executive session at which only voting members will participate. The chair shall chair the executive committee, which shall oversee the day-to-day management of the corporation, appoint members of committees to the extent not set forth in these by-laws, have the right to approve non-budgeted expenditures in excess of five thousand dollars ($5,000.00), set the agenda for the board, and act fully for the board, when the board is not convened, on all matters normally requiring a majority vote of a quorum of the board except for amendments to the by-laws or articles of incorporation. Such decisions must be reported to the full board at the next regular meeting. All decisions involving expenditures or budget adjustments must be ratified by the full board, or, if not ratified must be adjusted in a manner decided by the majority of the board.”

“The center made changes and updated their by-laws in 2020 in order to more accurately reflect current practice and needs, and to institute some additional appropriate oversight by the board. Significant changes included: changing the number of board members from 17 to 15; to permit chair to complete the second year as chair if it extends beyond the end of two terms; clarified that the executive director is a nonvoting member of the board; created new recording secretary position as an officer and also clarified that the recording secretary would be responsible for minutes of meetings rather than the executive director; specifies that the executive committee is responsible for evaluating and setting compensation for the executive director; references the gifts policy adopted by the board; added a new section to ensure oversight of the endowment and charges the finance committee with monitoring of the investments; clarifies that a 2/3 majority of the board is required to amend the by-laws.”

“The form 990 is emailed to all the board members before it is signed by the executive director and filed with the irs.”

“The organization requires each director to sign a written affirmation at the end of each year affirming that he/she did not engage in any conflicting transaction involving the organization.”

“The organization's financial statements are included in the annual report that is posted to the organization's website and distributed in the mail to key stakeholders. The organization's governing documents and conflict of interest policy are made available upon request.”

“The organization did not change its audit oversight process or selection of an independent auditor process during the tax year.”