Brides Foundation

“Brides for a cause may have nonvoting members at the discretion of the board of directors. The nonvoting members will not have the power to vote on the election of directors or members, or to participate in a binding vote on any corporate matters.the voting members will be known as the stewardship council. Council members have the power to elect and also remove members of the board of directors, to vote on any amendments to the bylaws or articles which would alter the qualification, selection, removal, obligations, rights or powers of the council members, and to vote on any other matters properly put before them for an advisory vote by the board of directors.”

“The brides for a cause bylaws state that the initial members of the board of directors shall be appointed by the incorporator. Initial directors shall serve only until the next annual election of directors, when initial directors may be re-elected and any new directors will be elected by the then current council members at an annual meeting of the council members held for that purpose. Nominations for new board members may be made by the board of directors, by individual board members, by council members, or by nonvoting members.”

“Form 990 will be reviewed by the executive director. The final version will be provided to all board members.”

“To ensure compliance with the brides for a cause bylaws regarding the conflict of interest policy, there is a standard in place for: an annual disclosure statement, list of potential interested persons, ongoing disclosure obligation, monitoring by the secretary, and conveyance to the executive director.annual disclosure statement: the officers, directors and key employees shall each year disclose interests that could give rise to a conflict of interest under this policy. Such disclosure shall be made on the organizations conflict of interest disclosure statement form and shall be filed with the secretary or secretary designee.”

“In determining the executive directors salary, the organization conducted research into comparable salaries with similar nonprofit organizations and followed the stated conflict of interest policy. The organization will continue to follow irs regulations and its own conflict of interest policy regarding payment of no more than just and reasonable compensation for services rendered for payments to any employee.”

“Brides for a cause will make available its governing documents and conflict of interest policy to the public upon request.”