American Indian College Fund

“The organization is managed by an executive committee comprised of the chair, 1st vice-chair, 2nd vice-chair, the chair of the resource development committee who is not a president of a member college, and the member at large who is not a president of a member college who are elected by a majority of all the trustees in office. No employee of the organization shall serve as a member of the executive committee. Members elected to the executive committee shall serve two-year terms expiring on the june 30th closest to the second annual meeting of the board of trustees following their election. The executive committee shall have and exercise the full authority of the board of trustees between meetings of the board of trustees except the executive committee shall not have the authority to (a) adopt or approve a plan of merger or consolidation; (b) authorize the voluntary dissolution of the organization; (c) elect, appoint, or remove any trustee or officer; (d) fill vacancies on the board of trustees or any of its committees; (e) amend, adopt, or repeal the articles of incorporation or the bylaws; (f) approve the compensation or dismissal of the organization's president/chief executive officer; (g) approve the retention or dismissal of, the compensation of, or the provision of consulting services by the organization's auditors or (h) authorize distributions or approve disbursements to the member colleges or aihec.”

“A copy of the form 990 is reviewed and approved by the board of trustees prior to filing with the irs.”

“All trustees must review and complete the questionnaire within the conflict of interest policy annually, and in doing so, must immediately disclose any known or possible conflicts. The completed conflict policies are then given to the organization's secretary and filed. In addition, if an actual or possible conflict arises throughout the year, the trustee must immediately disclose the conflict to the board of trustees, which is generally done so in meeting minutes (as that is where conflicts of interest have generally arisen). If a trustee does not disclose a conflict, the governance committee is required to review the issue and make a recommendation, including appropriate disciplinary and corrective action if/as needed.”

“Compensation for top management is determined and approved by the board of trustees annually by using comparability data to substantiate the decision. Top management determines the compensation for other key employees using comparability data to substantiate the decision.”

“The governing documents and conflict of interest policy are made available to the public upon request. The financial statements are posted on the website along with the annual report and irs form 990.”

“The american indian college fund provided scholarships to over 6.000 american indian students during the fiscal year. In addition, students were provided with coaching, internship opportunities, professional mentors, leadership training, mental wellness support, and other student success services leading to employable graduates. High school student services were also supported with college selection advising, college application support and financial aid coaching. In addition, financial resources were provided to 34 tribal colleges and universities to support faculty development, infrastructure, culture, arts, and language preservation activities, equipment for math and science, new curriculum development, career services development and enhancing other student support services.”

“The american indian college fund utilizes a public service announcement campaign to inform the public about the unique, community-based, and accredited tribal colleges and universities (tcus) and how they are successfully changing the lives of american indians. In addition, these campaigns support native american visibility and breakdown stereotypes. Earned media via articles and interviews, along with social media, were also utilized to enhance awareness. Tcus are often the best options for american indians to attend and succeed in higher education. The american indian college fund garnered over $1.1 million in donated advertising during the fiscal year to enhance public awareness. American indians are a critical target audience for awareness activities to encourage them to further their education and consider tcus as viable options. Tcus are also garnering interest from private and public entities as institutions producing important research.”

“Loss on uncollectible promises to give -42,300.”