Eurasia Foundation Inc.

“The form 990 was prepared by an outside accountant in consultation with the organization's senior management. A draft of form 990 was reviewed by the director of finance and administration. A copy of the form 990 is provided electronically to the finance and audit and executive committees, as well as the entire board. All questions were addressed electronically, before filing with the irs.”

“Annually, all officers, trustees and employees are required to sign a conflict of interest statement and, if necessary, the statement is updated throughout the year. If a conflict should arise, the interested officer, trustee, or staff member will disclose in writing to the board of trustees all material facts as to the relationship or interest. Individuals with conflicts of interest must recuse themselves from participating in any part of the decisions related to the transaction giving rise to the conflict.”

“Each year eurasia foundation (ef) reviews market research on the existing salaries to ensure it is competitive in its employee compensation. Ef also follows industry standard for merit increase adjustments. A review is conducted to compare ef against the dc area as well as similar organizations and budget size based on published survey data. The president's salary is reviewed and approved by the board. For all other employees, an annual salary adjustment pool is reviewed by the finance & audit committee and recommendation is made to the executive committee for final approval. Performance and salary review for the president is conducted by the chair and vice chair of the board. The president also annually undergoes 360 degree performance reviews and her last compensation review took place in april 2019.”

“The organization's governing documents, conflict of interest policy and financial statements are available upon request. The organization's financial statements are also available on guidestar.org. Audited financial statements are provided upon request.”

“Benefit to their communities. While building the leadership skills of women and young people, we help small business become more successful, local government more responsive and civic organizations more effective and resilient.”

“Consultants and contract services: program service expenses 1,042,193. Management and general expenses 175,057. Fundraising expenses 0. Total expenses 1,217,250. Translation services: program service expenses 8,606. Management and general expenses 3,924. Fundraising expenses 0. Total expenses 12,530. Design, printing, publication services: program service expenses 10,278. Management and general expenses 2,495. Fundraising expenses 0. Total expenses 12,773. Payroll processing expenses: program service expenses 11,955. Management and general expenses 13,072. Fundraising expenses 0. Total expenses 25,027.”

“Cancellation of sub-grants awarded in prior years 108,870.”