Native Americans in Philanthropy

“Board members are presented with draft copies of the Form 990 along with all required schedules and attachments. The Board is asked to review the Form 990 and then approve it.”

“The conflict of interest policy was renewed by the Board of Directors in 2023. The policy covers members of the Board of Directors, Officers, and staff and requires disclosure supplements to be completed on an annual basis. Additionally, covered individuals have a duty to disclose the existence of his or her financial interest and all materials facts to the Board of Directors and/or the Executive Committee. If an interested person recuses himself or herself from the matter where the actual or potential conflict exists, the Board of Directors or Executive Committee documents such recusal and the procedures for addressing the conflict in the meeting minutes per the policy's requirements. If the interested person desires to participate in the matter after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the Board of Directors or Executive Committee meeting while the determination of a conflict of interests is discussed and voted upon by the remaining Board of Directors or Committee Members to determine if a conflict of interest exists. The minutes of the Board of Directors and Excutive Committee shall contain all proceedings related to conflicts of interest.”

“The Executive Committee meets annually to review compensation for the Chief Executive Officer and the CEO reviews compensation for all other staff in the organization. Compensation deliberation and discussion is based on industry wide data available on compensation for similarly situated organizations, salary surveys for the field, and consulting salary reviews available to the organization. The Board reviewed the CEOs performance for the past year and compensation was adjusted to be reflective of the organization's growth and to align with peers. Board members are made aware of key staff salary information to ensure internal equity.”

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

“Indigenous Tomorrows Fund: The Indigenous Tomorrows Fund (ITF) is a youth-led, participatory grantmaking initiative launched by Native Americans in Philanthropy to support Indigenous community-defined solutions. Centering Indigenous values and leadership, ITF places funding decisions in the hands of youth ages 14-24. This program will support organizations working at the intersections of health, food justice, and cultural healing. ITF aims to strengthen Indigenous well-being, promote self-determined futures, and reimagine philanthropy by shifting power to those closest to the issues.”

“Payroll and HR Processing: Program service expenses 73,316. Management and general expenses 23,306. Fundraising expenses 21,808. Total expenses 118,430. Planning, consulting and development services: Program service expenses 528,880. Management and general expenses 327,741. Fundraising expenses 40,428. Total expenses 897,049. Web Development: Program service expenses 3,030. Management and general expenses 0. Fundraising expenses 5,240. Total expenses 8,270. Marketing/Public Relations: Program service expenses 619,573. Management and general expenses 375. Fundraising expenses 0. Total expenses 619,948. Staff and Project Support: Program service expenses 31,935. Management and general expenses 89,602. Fundraising expenses 0. Total expenses 121,537.”

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