Points of Light Foundation

“In accordance with the organization's bylaws, section 4 15(b), there is an executive committee of the board which has the authority to exercise all of the powers of the board, except such powers as are prohibited by law, while the board is not in session. The members of the executive committee consist of certain current voting board members, including the chairman of the board.”

“The form is prepared by a major accounting firm in conjunction with management. The audit committee holds a committee meeting to review the form. Following the meeting of the audit committee, all board members are sent a copy of the form as a part of a regular meeting of the board where it is reviewed prior to filing.”

“Board members sign conflict of interest statements on an annual basis. These statements are reviewed and any issues are addressed on a case-by-case basis.”

“The human resources committee of the board is responsible for the determination of the ceo's compensation. The committee's review process includes a comparison analysis of salaries to roles at similar non-profit organizations. In 2018, the organization contracted with a firm to conduct a compensation study to ensure fair compensation practices.”

“The foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“With 5,000,000 volunteers engaged, points of light is committed to empowering, connecting, and engaging people and organizations with opportunities to make a difference that are meaningful and impactful. Together with our points of light global network, we partner with social impact organizations, businesses, and individuals to create a global culture of volunteerism and civic engagement. Due to a software limitation, 999,999 has been entered on page 1 rather than 5,000,000.”

“The points of light civic accelerator program (also known as the civic incubator) is no longer a program of points of light. The program officially joined acumen in 2019, a global nonprofit changing the way the world tackles poverty. At points of light, the civic accelerator program created innovation in civic activation by bringing together and supporting emerging service solutions and new ideas through social enterprise, mergers, and joint ventures. The civic accelerator will be part of +acumen and will continue to be committed to social impact, supporting early-stage entrepreneurs and accelerating the growth and impact of their ventures.”

“Consulting: program service expenses 1,871,479. Management and general expenses 470,241. Fundraising expenses 81,394. Total expenses 2,423,114. Other professional services: program service expenses 1,294. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,294. Volunteer coordination services: program service expenses 1,567,753. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,567,753.”