Morehouse College

“Board review of form 990 the organization's independent accountant prepared the current year tax return and this was reviewed prior to filing by the organization's management and the audit committee of the board of trustees. A copy of the form 990 was sent to the board of trustees via email prior to filing.”

“Conflict of interest policy the organization requires all board members to confirm they are in compliance with the conflict of interest policy each year through an affirmation of compliance with the policy through email or some other acceptable communication medium.”

“Process for determining compensation president/ceo's compensation 1. Annually the president establishes his performance goals in consultation with the compensation committee and the board of trustees. 2. Annually the president reviews his progress on those goals with the compensation committee who documents a performance review with the president. 3. Periodically, the compensation committee performs a comparative review of the president's compensation against the organization's peer institutions. 4. Periodically and in certain cases (i.e. The arrival of a new president), an outside compensation consultant may advisethe compensation committee on presidential compensation. 5. Based on the above, the compensation committee establishes the president's compensation for the following year. 6. The compensation committee documents the reasons for establishing the new compensation amount. 7. The compensation committee then renews the president's contract for an additional term at the new compensation level. Other officers morehouse college has a policy for review and approval for officer and key employee compensation.”

“Governing documents available to the public the organization's governing documents (articles of incorporation and any subsequent amendments) are available to the public on the georgia secretary of state website. All relevant governing documents, policies and financial statements are not made available to the public.”

“Joint ventures the organization invests in partnerships that may be construed to be joint ventures. The organization has enacted adequate safeguards for its partnership investments to ensure that these activities do not jeopardize the organization's exempt status.”

“The mission of morehouse college is to develop men with disciplined minds who will lead lives of leadership and service. A private historically black liberal arts college for men, morehouse realizes this mission by emphasizing the intellectual and character development of its students. In addition, the college assumes special responsibility for teaching the history and culture of black people. Founded in 1867 and located in atlanta, georgia, morehouse is an academic community dedicated to teaching, scholarship, and service, and the continuing search for truth as a liberating force. As such, the college offers instructional programs in three divisions - business and economics, humanities and social sciences, and science and mathematics - as well as extracurricular activities that: 1. Develop skills in oral and written communications, analytical and critical thinking, and interpersonal relationships; 2. Foster an understanding and appreciation of world cultures, artistic and creative expression, and the nature of the physical universe; 3. Promote understanding and appreciation of the specific knowledge and skills needed for the pursuit of professional careers and/or graduate study, and; 4. Cultivate the personal attributes of self-confidence, tolerance, morality, ethical behavior, spirituality, humility, a global perspective, and a commitment to social justice. The college seeks students who are willing to carry the torch of excellence and who are willing to pay the price of gaining strength and confidence by confronting adversity, mastering their fears, and achieving success by earning it. In pursuit of its mission, morehouse challenges itself to be among the very finest liberal arts institutions in the world.”

“Morehouse college is a historical black college whose mission is to develop men with disciplined minds who will lead lives of leadership and service.”

“Professional fees: program service expenses 11,874,819. Management and general expenses 5,550,268. Fundraising expenses 436,278. Total expenses 17,861,365.”