Washington School for Girls

“The bylaws provide that each of the three organizations that were involved in the forming of the washington school for girls, inc. Have the right to appoint one trustee to the board (bylaws article iv, section 3). These organizations are not members of the washington school for girls, inc. The washington school for girls, inc. Has no members (bylaws article iii).”

“The finance committee reviews the 990 return and then recommends it to the board for approval.”

“The organization's conflict of interest policy imposes on all interested parties' a continuing obligation to disclose conflicts of interest upon beginning their association with the organization, and annually every year thereafter. Interested parties are required to complete a questionnaire disclosing actual and potential conflicts of interest. An additional disclosure statement is required to be filed at such time as an actual or potential conflict arises. The board of trustees is responsible for reviewing all potential or actual conflicts of interest. The organization is required to refrain from a specific action or transaction until the action has been reviewed by the disinterested members of the board at a meeting with a quorum and approved by majority vote of those members interested. Members are not permitted to participate in the discussion, deliberations or decision in instances where the board has reason to believe that an interested party has failed to disclose an actual or potential conflict of interest. The board will afford the person an opportunity to explain the alleged failure to disclose, make such further investigation as is warranted, and take appropriate disciplinary and corrective action (the policy defines interested parties as "trustees, officers, employees and certain volunteers of the organization. A volunteer is covered under this policy if that person has been granted significant independent decision-making authority with respect to financial or other resources of the organization").”

“The organization determines compensation through the budgeting process each year. Comparable data is used from the association of independent schools of greater washington and reviewed by the president of washington school for girls and the board. The board ultimately approves the budget and information contained within.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The president of the washington school for girls handles these requests.”

“The process has not changed from the prior year.”