Melanoma Research Foundation

“The controller and the chief executive officer review the federal form 990 prepared by an independent accounting firm. Upon submission of the final draft, the form 990 is distributed to the board of directors and the finance committee for their review prior to filing with the internal revenue service.”

“The conflict of interest policy is distributed annually to all members of the board of directors, key personnel, and committee members. Each recipient of the policy returns a signed and dated response form indicating they reviewed the policy while noting if any conflicts exist. Following the full disclosure of a possible conflict of interest during the year, the board of directors will determine whether a conflict of interest exists and the board member with the possible conflict will recuse himself or herself from the discussion and vote.”

“Compensation for the chief executive officer is determined in the executive session of a board of directors meeting and is based upon comparable salary data. The board of directors convenes an ad hoc compensation committee that contracted with an outside expert in salary evaluation. This outside group looks at the salaries of all mrf management and compares those salaries with industry standards, adjusted for regional variations. Appropriate adjustments are made to ensure that mrf salaries are in keeping with best practices. The last compensation review for the ceo was conducted in 2019.”

“Mrf's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Other professional fees: program service expenses 645,198. Management and general expenses 0. Fundraising expenses 67,086. Total expenses 712,284. Payroll fees: program service expenses 0. Management and general expenses 18,798. Fundraising expenses 0. Total expenses 18,798. Recruiting: program service expenses 11,459. Management and general expenses 1,361. Fundraising expenses 1,712. Total expenses 14,532. Web design: program service expenses 68,350. Management and general expenses 13,177. Fundraising expenses 3,397. Total expenses 84,924.”

“Grant refunds 38,017. Increase of net assets due to merger 474,750.”