The Malala Fund

“Ziauddin yousafzai, honorary chairperson and cofounder, is the father of malala yousafzai, board chair and cofounder.”

“In july 2020, the organization's bylaws were amended to place two-year term limits on officers of the board.”

“After the form 990 is prepared by the malala fund's independent audit firm, it is reviewed by the management. A final version of the form is presented to the board of directors prior to filing. The form 990 is filed with the irs following final sign off by the board of directors.”

“Every year, all malala fund board members, officers and employees in decision-making positions must sign an official statement affirming that each person has received, read and understands the organization's conflict of interest policy and fully agrees to comply with the policy. Board members, officers and key employees must disclose in writing any and all items of actual or potential conflicts of interest and this list becomes widely available to all board members and the employees necessary to track and enforce compliance. Whenever any director, officer or key employee of the organization becomes aware that the malala fund is considering a transaction that could potentially create a conflict of interest, he or she is obligated to notify the board and to disclose all material facts relating to their interest in the transaction. Malala fund representatives are not permitted to be involved in decisions that could raise conflict of interest concerns, either perceived or actual.”

“Per malala fund's compensation policy, in determining the compensation level for the ceo of the organization and other covered persons, the board of directors must defer to comparability data demonstrating the reasonableness of a proposed compensation level. This data must include documentation of compensation levels paid by similarly positioned organizations for functionally comparable positions and can be pulled from independent reports and/or information obtained from irs form 990 filings of comparable organizations. The board must document how it reached its decision regarding compensation of the ceo and similarly covered persons, including the data on which it relied. The most recent evaluation of the ceo's salary by the board took place in october 2019. Malala fund employee salaries are benchmarked against multiple independent surveys from similar organizations with the objective of ensuring competitive compensation that is still reasonable and in keeping with malala fund's status as a charity. In mid-2020, malala fund's leadership and human resources staff performed a formal review of compatibility data from over 400 organizations to inform the salary levels of all other malala fund staff.”

“The malala fund's governing documents, conflict of interest policy and audited financial statements are available to the public upon request. Its audited financial statements are also available on the organization's website.”

“Maliha khan, chief programmes officer, and philippa lei, chief advocacy officer, were paid by the malala fund uk, an independent charity registered in england and wales. The malala fund is a member of the malala fund uk, but they are not related organizations for purposes of form 990. Their compensation is disclosed in part vii for informational purposes only.”