Southwest Florida Community Foundation

“Process to review the form 990 an independent certified public accountant reviews the form 990 in detail with collaboratory's audit committee, president & ceo and cfo. After the audit committee's review and approval, a final copy is sent to the board prior to an upcoming board meeting. After the board's review, discussion and approval, the form 990 is filed.”

“Enforcement of conflicts policy all trustees, officers, and employees are required to review, complete and sign the conflict of interest policy on an annual basis.”

“Compensation process for top officials the executive compensation committee, comprised of the officers of the board of trustees, meets annually to review compensation for reasonableness and determine the compensation for the president and chief executive officer. Comparable data is gathered using the council on foundations' salary survey and salary information from similar organizations in florida. Compensation process for officers: the compensation process for other officers and key employees is determined as follows. Comparable data is gathered using the council on foundations' salary survey and salary information from local salary surveys. All staff related salary determinations are made by the president and chief executive officer based on local demographics in accordance with the employment position.”

“Collaboratory's governing documents, conflict of interest policy, and financial statements are made available to the public upon request. In addition, the financial statements are made available through collaboratory's website at www.collaboratory.org.”

“The southwest florida community foundation's mission is to cultivate regional change for the common good. Southwest florida community foundation's public-facing identity has become collaboratory. Not simply a name change, it is a strategic leadership commitment to address the failures of traditional approaches to solving our region's social challenges through singular and disconnected solutions. Organizing the large-scale coordination of multi-sector efforts - collaboratory will spark and multiply locally-sourced solutions. From hunger to illiteracy, racism to mental illness, isolation to injustice, all are interconnected. Solving one involves all of them, together, holistically. Collaboratory's core assumption is that siloed approaches fail. Collaboratory's goal is to end all the region's social problems on an 18-year deadline creating a region where all children, families and communities are confident, healthier, and trusting of people, institutions, and systems that serve them. Collaboratory will catalyze and coordinate massive, inclusive, grassroots efforts connected with civic leaders aligning policies and systems supporting greater equity and opportunity. Using its iconic physical setting, the renovated historic atlantic coast line railroad depot in fort myers, florida and unlimited virtual space for engagement, collaboratory brings together all residents to develop a shared vision and common goals for a better future for all who call our region home.”

“Outsourced services: program service expenses 2,788,544. Management and general expenses 1,082,122. Fundraising expenses 291,340. Total expenses 4,162,006.”

“Changes in split interest agreement & remainder interest 1,981,833.”