Djr Foundation

“Upon completion of a final draft of form 990, a copy of the draft is sent to each member of the board with the instructions and time frame for submitting questions or comments. At the completion of the review, any approved modifications are incorporated into the final form 990 and it is filed with the irs.”

“The foundation annually requires all employees and trustees to disclose any potential personal or business associations which could be perceived as a conflict of interest. Throughout the year trustees are reminded to disclose any new relationships where a conflict of interest may be present. New trustees and new employees are also required to attend an orientation where this specific topic is dicussed.”

“Presently this organization does not pay any compensation to any individual. However, the executive committee of the board of gnof meets annually to review the compensation of the president and ceo,the senior management of the foundation, and any individual paid by the supporting organization. The review consists of comparisons to other non profits in the area, review of annual compensation surveys, and a review of overall markets trends in the industry. This information is contemporaneously documented in the written minutes.”

“The foundation follows the policies and procedures of the supported organization, the greater new orleans foundation (gnof). This form as well as various policies are also made available to the the general public upon request. The foundation notifies the public of this option in various mailings and publications throughout the year.”

“In the organizational documents for the djr foundation there is a requirement that the president and ceo of the greater new orleans foundation (gnof), the type i-supported organization, to serve on its board, andrew kopplin, the current president and ceo of gnof, is compensated by gnof as an employee of gnof. This related salary information is reported on form 990, part vii, columns e and f and in schedule j part ii.”