Eurasia Foundation Inc.

“The federal form 990 is prepared by an outside accountant in consultation with the organization's senior management. A draft of form 990 is 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 are 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 january of 2021.”

“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.”

“Consultants and contract services: program service expenses 3,672,884. Management and general expenses 537,222. Fundraising expenses 0. Total expenses 4,210,106. Payroll processing fees: program service expenses 50,005. Management and general expenses 7,314. Fundraising expenses 0. Total expenses 57,319. Other professional services: program service expenses 19,721. Management and general expenses 2,885. Fundraising expenses 0. Total expenses 22,606. Design, printing, publications services: program service expenses 13,962. Management and general expenses 2,042. Fundraising expenses 0. Total expenses 16,004. Translation services: program service expenses 11,435. Management and general expenses 1,672. Fundraising expenses 0. Total expenses 13,107.”

“Refund of unused grants 122,430.”