Points of Light Foundation

“In accordance with the organization's bylaws, section 4.15(a), there is an executive committee of the board which has the authority to exercise all of the powers of the board, while the board is not in session, except (i) such powers as are prohibited by law, (ii) the power to hire or remove the president of the corporation and (iii) such powers as may be reserved exclusively for the board or any other committee thereof as determined from time to time by resolution of the board. In addition, the executive committee may authorize the seal of the corporation to be affixed to all papers which may require it. 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 an electronic copy of the form prior to filing for review and approval.”

“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.”

“Points of light is a nonpartisan, global nonprofit organization that inspires, equips, and mobilizes millions of people to take action that changes the world. We envision a world in which every individual discovers the power to make a difference, creating healthy communities in vibrant, participatory societies. We accomplish our mission by: -advancing corporate social impact -building capacity of ngos & leaders -equipping our sector through convenings, data and insights why our mission is critical: communities around the world face complex and urgent challenges. At the same time, disconnection, isolation and a loneliness epidemic undermine efforts to rally people to help address these deep-rooted problems. We know that volunteers are essential to meeting critical needs, and that volunteering creates connections and builds trust and empathy among individuals who serve. Yet there are not enough people engaged. Points of light is committed to the following objectives: -increasing the number of people volunteering. -setting a standard for volunteering with purpose that benefits individuals, communities, and society. -changing the perception of volunteering from nice to necessary. -shaping the future of volunteering. Points of light meets these objectives by partnering with nonprofits, companies, and social impact leaders to galvanize volunteers to meet critical needs. We do this through research and insights, sector capacity building, and culture change. Through 140 affiliates across 39 countries, and in partnership with thousands of nonprofits and corporations, points of light engages over 3.7 million people in 16.7 million hours of service each year.”

“Volunteer support services: program service expenses 3,526,329. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,526,329. Consulting: program service expenses 654,727. Management and general expenses 838,916. Fundraising expenses 2,500. Total expenses 1,496,143. Other professional fees: program service expenses 1,376,548. Management and general expenses 51,394. Fundraising expenses 0. Total expenses 1,427,942.”