Community Foundation of Burke County

“The executive committee consists of the chair, vice chair, immediate past chair, and others as may be designated by the chair and approved by the board. The duties of the executive committee are to advise the chair on all corporation business, to act on behalf of the organization in any situation when the board of directors cannot be convened, and to review action of all other committees. All actions of the executive committee are reported to the board at the next meeting.”

“The return was prepared by an independent accountant with assistance and oversight by management. Upon completion and review, the return was electronically delivered to each voting board member prior to submission to the irs.”

“Conflict of interest statements are distributed annually to all officers, directors, volunteers and committee members. These forms are reviewed by the president / ceo and maintained in the foundation office. The president / ceo discloses to the board his participation in all boards and committees for other organizations and updates the board if there are any changes.”

“The personnel committee of the board of directors reviews comparative salary and benefits. Data sources of information include cof, the nc center for nonprofits, and local comparative data. The general benchmark is foundations with comparable assets located in the southeast. The process applies to both the president / ceo and the financial director.”

“The organization's financial statements, governing documents, and conflict of interest policy are available upon request at the organization's administrative office. In addition, the financial statements and the form 990 are available on the organization's website.”

“Printing and publications : program service expenses 0. Management and general expenses 0. Fundraising expenses 2,326. Total expenses 2,326. Telephone : program service expenses 1,231. Management and general expenses 526. Fundraising expenses 0. Total expenses 1,757. Meals and entertainment : program service expenses 0. Management and general expenses 118. Fundraising expenses 0. Total expenses 118.”

“The return was prepared by an independent accountant with assistance and oversight by management. Upon completion and review, the return was electronically delivered to each voting board member prior to submission to the irs.”