Center for Global Development

“The organization has made changes to its bylaws to allow board members to serve for up to 12 consecutive years (4 terms) rather than 9 (3 terms). In addition, two or more officer positions may be held by the same person, except the offices of the president and the treasurer.”

“The organization's form 990 was prepared by outside accountants with assistance from the organization's executive management. The audit committee then reviewed the 990. The 990 was posted to a secure website and the login information emailed to the governing body (board of directors) for comments and review before finalizing and signing.”

“For employees, work performed in a professional capacity outside cgd which may intersect with the organization's mission must be cleared by the president in writing. Annually, each board member is required to sign a renewal conflict of interest policy statement. Annually, each employee is advised to notify management of any new potential conflicts. Specific cases of conflicts are addressed in the policy and are resolved by the president or the board of directors.”

“The compensation committee of the board determines the president's annual salary and bonus. When the president was hired, the organization used an outside consultant who specializes in compensation surveys for washington area non-profits, specifically think tanks. The compensation committee also uses compensation surveys and other similar organizations' forms 990 on an annual basis to determine the president's compensation. The most recent review of the president took place in february 2019. For other officers and key employees, the organization bases salaries upon a compensation study custom-prepared for cgd, as well as an annual compensation study that focuses strictly on think tanks.”

“The organization makes its financial statements, governing documents and conflict of interest policies available to the public upon request.”

“Recruiting: program service expenses 4,209. Management and general expenses 32,719. Fundraising expenses 4,663. Total expenses 41,591. Admin. Consulting services: program service expenses 12,527. Management and general expenses 97,379. Fundraising expenses 13,877. Total expenses 123,783. Temporary services: program service expenses 648. Management and general expenses 5,035. Fundraising expenses 718. Total expenses 6,401. Program & research consultants: program service expenses 544,244. Management and general expenses 0. Fundraising expenses 250. Total expenses 544,494. Contractors/partnerships: program service expenses 1,073,598. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,073,598.”

“Awards write-off -1,841,547.”