Florida Education Foundation Inc

“Usage of legal counsel policy this policy establishes when the florida education foundation will use the services of the florida department of education's legal counsel versus outside legal counsel. Restricted fund management policy this policy is intended to establish efficient and consistent processes associated with the creation, maintained management of, and disbursement from florida education foundation (fef) restricted funds. Also, this policy defines and establishes protocols/procedures for handling inactive fef-managed restricted funds. The processes are needed to maximize staff resources and to plan for and manage fund disbursements in a timely and predictible manner. Budgeting and purchases policy this policy establishes annual budget standards and expresses purchasing authority with limits of approval for the efficient and responsible operational management of florida education foundation funds, both restricted and unrestricted. Credit card authorization and use policy this policy allows florida education foundation personnel access to efficient means of payment and management of corporate credit cards. Contracts for service policy this policy expresses contracting authority with limits of approval for the efficient and responsible operational management of florida education foundation funds, both restricted and unrestricted, while at the same time reducing financial risk to the organization.”

“Part vi: governance, management & disclosure section b, line 11b form 990 and the accompanying schedules are prepared by an independent accounting firm. The form 990 and accompanying schedules are reviewed with the executive director and audit committee. Once all questions are answered, the board of directors approves the return which is then filed with the internal revenue service.”

“The organization annually distributes conflict of interest disclosure forms to officers, directors and key employees. Completed forms are compiled and reviewed by the board for any potential conflicts.”

“The organization makes its governing documents, financial statements and three most recent years of form 990 available to the public upon request.”

“Section b, line 11b form 990 and the accompanying schedules are prepared by an independent accounting firm. The form 990 and accompanying schedules are reviewed with the executive director and audit committee. Once all questions are answered, the board of directors approves the return which is then filed with the internal revenue service. Line 12c the organization annually distributes conflict of interest disclosure forms to officers, directors and key employees. Completed forms are compiled and reviewed by the board for any potential conflicts. Section c, line 19 the organization makes its governing documents, financial statements and three most recent years of form 990 available to the public upon request.”

“Florida education foundation staff services are donated by florida department of education employees. Florida education foundation does not directly employ any staff members.”