The Halo Trust (USA) Inc

“Form 990 review process the form 990 is prepared by a third-party preparer, grant thornton, in conjunction with management. The form 990, including schedules, was distributed to the members of the halo trust (usa), inc board of directors. The board met with management and reviewed the form 990. Board comments were updated in the draft and re-shared with the board.”

“Conflict of interest policy this covers all halo employees and the board of trustees who have a legal obligation to act in the best interest of the charity. Conflicts of interest may arise where an individual's personal or family interests and/or loyalties conflict with those of the charity. Whenever a trustee or a person with whom the trustee is closely connected has a personal or financial interest directly or indirectly, or any interest which could be perceived to lead to a conflict of interest is the level at which the charity shall determine whether a conflict exists. Conflicts of interest are reviewed by the board of trustees and by the treasurer for other members of halo. In the event that there is a material conflict of interest which affects the ability of a particular trustee to carry out his or her duties then the trustee concerned should consider whether it is in the best interests of charity that he/she continues as a trustee of the charity. In the event of a conflict considered by the unconflicted trustees to be so fundamental or pervasive that is would be inappropriate for the individual to remain a trustee, procedures may be put in motion which may result in the individual being asked to resign from the board. In such a case the trustee will have an opportunity to be heard. However, in the event that a trustee is asked to resign, they should respect the majority decision and resign at the earliest opportunity. All employees at a senior management level are required to produce a declaration of relevant interests, particularly in circumstances where they may be involved in the procurement of goods or services, or decision making, where a conflict of interest may impact on the decision.”

“Process for determining compensation the compensation of the executive director is reviewed and determined yearly by annual review by board chair and halo usa president and considers benchmark data relevant to the sector in which the organization operates.”

“The organization promptly provides the requested information by e-mail or mail. The forms 1023 and 990, together with the short form financial statements are made available on the organizations website immediately following regulatory filing.”