Edvestors Inc

“The executive committee will have the opportunity to review the form 990. The form 990 will then be shared with all members of the governing board prior to submission.”

“Governing board officers and members are required to disclose annually any interests that could give rise to conflicts. A conflict of interest form will be updated by each board member and submitted to edvestors management, in advance of the annual meeting each september and throughout the year as new members join the governing board. Members are required to inform the board chair of any potential conflicts and need to recuse themselves from voting on any action items for which they have a potential conflict.”

“The process for determining compensation for top organization positions, including ceo and other key employees is as follows: (a) annual performance and salary/compensation review by ceo for top management and key employees and by the governing board executive committee for ceo with final approval by full governing board, at recommendation of executive committee, as part of the organization's annual budget approval process. (b) comparability data is gathered to inform recommended salary levels for all newly created management and key employee positions. (c) edvestors management will institute a salary compensation review every 2-3 years (or find comparable existing report from external source) for current key employee positions.”

“Edvestors makes these documents available upon request. In addition, annual financial statements are filed with the massachusetts division of charities and are available for public viewing.”

“Edvestors' mission is to advance equitable, meaningful education that prepares every boston student to activate their power and shape their future. Edvestors' strategies have evolved over the last two decades, but our focus remains on improving outcomes in boston's public schools. Today, edvestors serves as a: -connector that partners with the district, schools, community-based organizations, higher education, and philanthropy to advance efforts in issue areas that are a priority for schools and students. -catalyst for systems change in boston, creating pathways from classroom to career, ensuring access to arts education, improving math teaching and learning, and seeding racial equity efforts in schools. -champion that shines a light on the educators and schools that create and continually improve learning environments where all students thrive. The relationships edvestors has built, as well as our track record of effectiveness, have solidified our critical role as a trusted partner and thought leader in boston. The organization's position grants edvestors access to the decision-makers impacting boston schools and students, enabling us to advocate for system-wide change. Edvestors focuses its work in boston public schools and since its founding in 2002, has raised and invested over $52 million in the city's schools.”

“The organization has a committee that assumes responsibility for oversight of the audit, review or compilation of its financial statements and selection of an independent accountant. No changes have been made to this process from the prior years.”

“Balance of organization expenses are covered by multi-year pledges received in prior fiscal years.”