Chesapeake Bay Trust

“Each year, prior to the submission of the trust's form 990, each voting member of the board of trustees is provided with a copy of the final form 990. Each member has at least 10 business days to review the form, raise questions, make suggestions, and address any problems or concerns with the staff and board.”

“All board members, employees, and volunteers that have significant decision-making authority are required to complete a questionnaire to fully and completely disclose the material facts about actual or potential conflicts of interest upon initial association with the trust and on an annual basis. Additional disclosure statements are filed if an actual conflict exists.”

“The trust's board utiliizes independent salary survey data published by the council of foundations (cof's annual grantmakers salary and benefits report) to determine and establish reasonable compensation for the trust's executive director and other employees.”

“As part of the annotated code of maryland, the trust's enabling legislation is widely available to the public. The trust's annual 990 returns are made available to the public on the trust's website, through the guidestar website and through public inspection. The trust's annual reports and audited financial statements are provided to the public on the trust's website. The trust's board is subject to the same conflict of interest regulations and reporting requirements as other marryland state public officials, as well as its own conflict of interest and ethics reporting requirements”

“Individuals who work for the chesapeake bay trust are employed and paid by the maryland environmental services, which files all related payroll returns and issues w-2s under its ein. The trust does file payroll returns and issue w-2s under its ein, but only to participants in the trust's chesapeake conservation corps program who receive stipend payments.”