United Way Foundation of Metropolitan

“Executive committee: the executive committee is chaired by the board chair and comprised of the board officers and the president and ceo. The board chair may elect to include additional members. The executive committee meets regularly with the president and ceo and monitors and oversees governance and organizational issues on behalf of the board.”

“Form 990 review process: an independent cpa firm specializing in tax preparation services prepared the 990 form using information from audited financial statements and information provided by uwmd staff. Uwmd staff reviewed the completed form 990. The return is delivered to members of the audit and ethics committee and board for review and comments. A final copy of the form 990 is provided to the entire board prior to filing with the irs.”

“Monitoring and enforcing compliance: the code of business conduct, ethics, and conflict of interest is distributed to directors, officers, standing committee members and employees on an annual basis. Directors, officers, standing committee members, and employees are required to sign an affirmative action statement of compliance and to disclose any financial or other relationships that could potentially give rise to a conflict of interest along with the reasons, if any, they believe such relationships would not violate the conflict of interest definitions per the irs instructions to the form 990. Board members are required to recuse themselves from discussions and decisions impacting potential conflict of interests. Completed code of business conduct, ethics and conflict of interest forms are reviewed by the leadership team to determine if further actions are required.”

“Process for determining compensation: all compensation for officers/directors/highest compensated employees is paid by a related organization, uwmd. Uwfmd relied on uwmd to review this information for all compensation paid. The compensation committee is a committee of the board. The committee has the responsibility of determining and recommending, to the board for approval, the ceo's compensation. Uwmd's human resources provides factual, supportive, and comparitive information, as requested. The committee reviews and approves uwmd's goals and objectives relevant to ceo compensation and evaluates the performance of the ceo annually against those goals and objectives. The ceo's compensation package is based on this evaluation. The deliberations and decisions of the committee are documented in contemporaneous substantiation.”

“Form 990, part vi, section c, line 18 & 19: how documents are made available to the public: uwfmd's form 990 is available on the website and is available upon request. Uwfmd's governing documents and conflict of interest policy are available to the public upon request. Requests may be sent to: uwmd accounting and finance, 1800 n. Lamar street, dallas, tx 75202. Requests can also be made by calling the uwmd accounting and finance department at (214) 978-0000. Audited financial statements and filed form 990's are available by accessing uwmd's website at www.unitedwaydallas.org. After reaching the website, go to "about us" on the main page and then "financials" to obtain the necessary information.”

“Fiscal year 2024 increase in cash surrender value of life insurance 380,531. Change in fv of multi-year pledge discount -172,925.”