Collier Community Foundation Inc.

“Per the community foundation's by-laws, in the interval between board meetings, the executive committee has and may exercise all the powers of the board except that it cannot adopt, amend or repeal the by-laws or fill vacancies on the board or any committee. All actions by the executive committee are reported to the board at the meeting following such action. During the 2017 fiscal year, this committee had 5 members.”

“The audit committee reviews the form 990 with staff from both the foundation and the auditing firm before it is presented to the board. The foundation's cfo then reviews the form 990 and related documents with the board before the form 990 is filed with the irs.”

“The community foundation has governance and ethics policies that include confidentiality, conflict of interest, ethics and whistleblower policies. Annually, each board member is required to disclose potential and actual conflicts of interest as well as sign off that they understand and will adhere to these polices. The foundation's governance committee handles all ethics, confidentiality, whistleblowers and conflict of interest complaints and shares these investigations with the full board. Board members with any conflict must recuse themselves from voting on grants to any related party identified to be a conflict. Any board member with a conflict with any investment firm that the foundation retains cannot vote on any matters related to that firm or be a member of the investment committee.”

“The community foundation of collier county's compensation committee is responsible for the annual evaluation and compensation of the president & ceo. The committee uses the evaluation process along with third party salary surveys such as the council on foundation's grantmaker's salary survey to determine appropriate compensation levels. In addition, the committee reviews executive compensation reported on irs form 990 of other area nonprofits. The compensation committee uses the performance evaluations to determine the achievement level of bonus payments. The compensation committee determines the salary of the ceo based on third party salary surveys. Goals were set for the president and ceo and a formal evaluation was completed in june 2017. Compensation of key employees is determined by the president & ceo after a review of their perfomance and accomplishments, a review of comparable compensation data obtained from independent resources and an analysis of budget limitations.”

“The financial statements are available on the organization's website and the governing documents and conflict of interest policy are available by request during business hours.”

“Donor services the foundation currently manages hundreds of funds established by charitable individuals, corporations and organizations. These funds provide grants that address the community's needs and issues. These funds include, among others, donor advised funds, field of interest funds, scholarship funds, designated funds and nonprofit agency funds. The fund's assets are managed professionally and in a manner in which the foundation believes will earn returns with as little risk as possible that will sustain grantmaking into the future. Part of donor services includes providing information about nonprofits located in collier county. We maintain a directory of more than 150 nonprofits in our system that provide services to the citizens of collier county. This directory assists donors in identifying the organizations they want to support. The foundation also provides customized community needs reporting to our fund holders and research to assure that all beneficiaries are qualified charities as recognized by the internal revenue service. We provide information on community priorities through sponsor donor briefings. We coordinate all acknowledgments for the funds and document all grants. Services also include providing detailed quarterly fund statements of all activities of the fund, including grantmaking, contributions and investment return. If the donor desires, the foundation provides on-line fund management through our donorcentral program. The foundation is committed to providing excellent services to all of our donors. The foundation has created a grant evaluation committee that provides onsite evaluations of grants over $25,000.”

“Community grantmaking funding "community impact" is a major goal of the community foundation of collier county. The board of trustees of the foundation has directed the community grantmaking program to focus on grants that strengthen the internal capacity of nonprofits, support new and existing programs that address critical needs and collect vital signs or indicators of community needs. A second, but equally important goal of the community grantmaking program is to mobilize community resources by engaging our donors in the grant and/or scholarship process. Grants are focused on healthcare, education, human services, arts, the environment, women and girls, capacity building and economic development. Grant committees and staff are committed to working with the nonprofit community to ensure best practices, an efficient service delivery mechanism and sustainability through endowment building. Also under the community grantmaking program are the dynamic scholarship opportunities provided to support education for students of all ages.”

“Women's foundation of collier county fund the women's foundation of collier county (wfcc) fund was created as a field of interest endowment fund, which has grown to over $1 million. The mission of the women's foundation of collier county is to increase the endowment funds available to help women and girls in collier county, and to build in all women a sense of empowerment through philanthropy. Started in 1996, the women's foundation grants are primarily focused on disadvantaged girls, women as caregivers and at-risk senior women. Current programs are: the women of initiative awards, junior women of initiative mentoring program, and wfcc grantmaking program.”

“Change in value of split interest agreement 476,837. Change in value of beneficial interest agreement 375.”