Financial Planning Standards Board Ltd

“Class a members - all persons serving as voting members of the fpsb board of directors shall be considered class a members. Class b members - all fpsb affiliates and the united states marks owner shall be considered class b members. Class b members shall serve in an organizational capacity. Each class b member shall notify fpsb as to its appointment or change of a member representative.”

“Class a members - class a members shall each have one vote on all matters submitted to the fpsb board of directors for a vote. No class a member may authorize another person or persons to act for such member by proxy. Class b members - class b members may vote to ratify or reject any decision of the fpsb board of directors on the following matters; (1) material amendment to the corporation's certificate of incorporation or the bylaws, (2) material change in the mission or mission statement of fpsb, (3) change in the ownership of the fpsb trademarks, other than routine abandonment or assignment of marks conducted as part of regular business, (4) material change in the use of the fpsb trademarks, (5) an acquisition, adoption, or creation of any new trademarks, which does not include routine acquisition, adoption or creation of marks conducted as part of fpsb's regular business or acquisition of any trademarks from cfp board, (6) material change in the requirements or standards for fpsb affiliates to be associated with or to administer the cfp certification program, (7) material change in the standards for certification. In these matters class b members shall have the number of votes equal to one vote per us $1,000 paid in affiliation or membership fees for the current year pursuant to fpsb's current fee schedule.”

“The organization does not have any committees with the authority to act on behalf of the governing body.”

“The form 990 is reviewed by fpsb ltd.'s ceo. Once the ceo has completed his review, the form 990 is submitted to fpsb's audit committee and board of directors for review. Upon the completion of the audit committee and board of director's review, the return is approved and filed.”

“Incoming and exiting board members and officers of the organization are required to disclose interests that could give rise to conflicts, which are reviewed by fpsb's director of legal services and ceo annually. The organization has policies and procedures in place that impose restrictions on people with conflicts. Prior to each board meeting, members are required to verbally disclose interests based on the agenda that could give rise to conflicts, which are recorded in the board minutes of the meeting. If conflicts are determined, the person with the conflict may be excluded from the meeting/decision based on the conflict.”

“Annually, fpsb ltd.'s compensation and succession planning committee obtains third-party research on nonprofit ceo compensation and benefits to evaluate the organization's ceo compensation and bonus. In addition, the committee evaluates the ceo's performance against pre-defined metrics, approved by the fpsb board of directors, and reviews with the audit committee chairperson the ceo's performance with regard to organizational, financial and risk management expectations.”

“The organization makes its governing documents and conflict of interest policy available to the public upon request.”

“Karen schaeffer - one church street, ste 901, rockville, md 20850. Steve helmich - 33 alfred street, sydney nsw 2000, australia. Robert hotchkiss - 611 pepperbush ct., wilmington, de 19808. Tom cross brown - shipton old farm, winslow,, buckingham mk183jl, united kingdom. Peeyush gupta - 25 stanton road, mosman, sydney nsw 2088, australia. Ian johnston - level 13, the gate, p.o. Box 75850, dubai, united arab emirates. Luiz maia - rua prof. Tamandare de toledo, 69/8 andar, sao paulo - sp 04535-110, brazil. Tim kochis - 765 market street #29f, san francisco, ca 94103. Pamela packard - 4 dearfield lane, greenwich, ct 06831. Barry horner - paradigm house, macrae road, ham green, bristol, bs20 0dd, united kingdom. Joy thomas - 1 robert speck pkwy, suite 1400, mississauga, ontario, canada. Mari emmanouilides - rua joaquim floriano, 1.120, 7 andar, itaim bibi, sao paulo - sp 04535-004, brazil. Sanjay sachdev - 12222 sunset terrace, clive, ia 50325.”

“Fpsb creates and licenses financial planning education courses and directly delivers cfp certification examination in territories that do not have fpsb members.”

“Brand management services: total expenses 57,467. Certification standards and other related services: total expenses 334,992. Organizational performance/audit services: total expenses 18,764. Board development/publications/governance etc.: total expenses 84,099.”