Family Health International Foundation

“Five of the eight trustees of the foundation are appointed by the board of directors of family health international (fhi 360), a 501(c)(3) nonprofit organization for which the foundation provides support. The five trustees appointed by the fhi 360 board of directors appoint three additional trustees to the eight member board.”

“Form 990 is prepared by the foundation's auditors, rsm, based upon information provided by the foundation's assistant treasurer and by its legal counsel. After approval by the assistant treasurer and by the legal counsel, copies are made available for review, comments and correction by each member of the board of trustees prior to filing with the irs.”

“The foundation's conflicts of interest policy, adopted by the board of trustees, is applicable to each trustee and officer (the foundation does not have employees). The policy addresses procedures for addressing any conflicts of interest that may arise. Legal counsel is notified of potential or actual conflicts, and assists in ensuring that the procedures contained in the policy for addressing conflicts are followed. A form disclosing any conflicts of interest is completed by every trustee and officer at the time of appointment. These conflict of interest statements are filed with the chair of the board. The policy requires disclosure on an ongoing basis of any conflicts as they arise. Additionally, each trustee and officer completes a disclosure statement to be filed with the chair of the board on an annual basis.”

“The foundation does not have employees. Most of the foundation's funds under investment management are managed by independent professional managers pursuant to contracts approved by the board. The board compensates its assistant treasurer and its general counsel/secretary for the duties the board delegates to them. Compensation for these part-time services is in amounts approved by the board. Trustees are compensated with an honorarium for attendance at board meetings. The honorarium rate is based upon a senior executive service rate established by the us government.”

“The foundation is chartered under the nonprofit corporation act of the state of north carolina. Its charter (articles of incorporation) is available online through the website of the north carolina secretary of state. Its form 990, including financial statements and information on its conflicts of interest policy, is provided upon request. Financial statements and governing documents are available upon request for the same period of disclosure as set forth in section 6104(d).”

“The organization, in a full transparency posture to reporting, is reporting all benefits in full in column f, part vii and not applying the $10,000 per item exception for certain benefits”