Community Foundation of Central Ga Inc

“Peyton anderson foundation community fd of central ga ceo president both community fd directors atrium health navicent atrium health navicent employee directors all community fd directors central georgia technical college central georgia technical college president directors all community fd directors”

“Following preparation of the form 990 and review by the president and by the chief financial officer,the form 990 is presented to the audit committee of the board of directors.the foundation's external accounting firm attends this meeting along with the president and the chief financial officer of the foundation to answer questions and provide further information or details.at this time the committee reviews the return and,by vote,approves the return for filing. A copy of the form 990 and minutes of the audit committee's meeting are then provided electronically to each board member.at the next regularly scheduled meeting of the board of directors,the audit committee chair presents the report from the audit committee.when this presentation is successfully completed,the form 990 is filed.”

“Board and staff members covered by the conflict of interest policy are required to disclose conflicts of interest annually by completing a questionnaire listing the organizations they or their spouse serve,are employed by,or with which they have a business relationship. Annually,covered individuals are also required to sign a statement indicating they have received a copy of the policy,have read and understand it,agree to comply with the policy,and agree to disclose a potential conflict prior to participating in any related deliberations or making any related decisions.if the board of directors determines that there is a conflict or the appearance of a conflict,the individual agrees to abstain from voting and will not participate in the discussions other than to provide information of a technical nature or answer specific questions that may be raised by other board members. Conflicts of interest brought to the attention of the board or its committees during meetings are identified in the official minutes of that meeting.”

“The president is the top management official of the community foundation. She receives a performance and compensation review from the chair and the treasurer of the board of directors. They determine compensation within the budgetary guidelines approved by the board of directors based on performance and on the result of comparisons with compensation of others in similar positions to determine if her compensation is fair and reasonable.”

“The chief financial officer receives a performance review from the president. Her compensation is determined by the president based upon the performance review and within the budgetary guidelines approved by the board of direstors. As part of this process various outside salary surveys are used to assist in determining any adjustments.”

“The governing documents , audited financial statements, conflict of interest policy, and the form 990 are available to the public online at www.cfcga.org (the foundation's website).”

“Asc book/tax difference-expaense 729,658 change in split int trust 864,222 difference in contributions -1,077,367 difference in interest & dividends -473,439 difference in realized gains -335,462 total -292,388”