The Atlanta Botanical Garden Inc

“The organization's 990 is initally reviewed by the Finance committee members with the CFO and President/CEO. In addition, an electronic version is sent to all Garden Trustees for informational review.”

“The Garden's Trustees and Employees annually file a statement of compliance with the company's Conflict of Interest policy.”

“All trustees, directors, and key employees are requested to review, attest no conflicts occur or disclose any potential conflicts and agree to comply with the conflict-of-interest policy annually. Disclosed conflicts are reviewed by the organization's legal counsel.”

“The Garden does have a Whistleblower policy in place at 12/31/2024.”

“The Garden does have a written document retention and destruction policy in place at 12/31/2024.”

“The compensation for the Garden's President & CEO is established by a compensation committee of the Board of Trustees. The Trustees on the committee are independent and use information from industry compensation surveys and similar organizations' 990 information. The Executive Committee approves the final salary package.”

“The organization makes the audited financials, record retention policy, whistleblower policy and conflict of interest policy available upon request. All other internal documents are not made available to the public; however, one can request copies of documents and the organization may decide to grant the request. Upon request, the organization does provide a copy of the tax return.”

“During the year ended December 31, 2024, the Garden was impacted by a cybersecurity incident resulting in a loss of approximately $2,400,000. The incident arose in connection with a wire transfer facilitated by the Garden's investment advisor through a broker-dealer. Unbeknownst to the Garden, an unauthorized third party gained access to the email systems of the Garden's then-investment advisor, intercepted the communications between the advisor and the Garden, and successfully diverted the Garden's funds to an external account. The incident was promptly identified, and management initiated an internal review at the direction of counsel while engaging with law enforcement authorities, the Garden's insurance provider, and cybersecurity professionals. The Garden's investigation confirmed that its systems and servers were not involved or impacted in any way in this theft. As of the date of this report, approximately $210,000 of the diverted funds has been recovered through efforts led by law enforcement and the Garden's bank. The remaining balance remains the subject of ongoing investigation and recovery efforts. Management is pursuing potential recovery of the remaining diverted funds through litigation. Management believes this to be an isolated occurrence. The Garden continues to monitor and assess the situation in coordination with external parties.”

“Other changes in net assets or fund balances: change in market value of interest rate swap -41,309”