Giveclear Foundation

“The organization has no committees with authority to act on behalf of the governing body. Therefore, this line was answered no in accordance with the instructions.”

“Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's Executive Director. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS.”

“The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The board chair is responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. The board chair's signed statement is reviewed by other disinterested board members.”

“The board of directors independently reviewed and approved the executive director's compensation through a compensation assessment accomplished during the formation of an inter-agency agreement between GiveClear Foundation Canada (an unrelated organization)and GiveClear Foundation US which was ratified by the Board. The organization does not compensate any other officers or key employees. Therefore, this line was answered no in accordance with the instructions.”

“The governing documents, conflict of interest policy, and financial statements are made available upon request.”

“GiveClear Foundation does not file any Forms W-2 and therefore does not file Form W-3 so the number of employees reported on Part V, Line 2a is "0." All GiveClear Foundation employees are Canadian nationals who conduct their work outside of the United States. Wages reported on Part IX, Lines 5-10 are amounts paid to employees working in Canada.”

“Consulting Fees: Program service expenses 84,487. Management and general expenses 24,586. Fundraising expenses 36,254. Total expenses 145,327. Payroll Service Fees: Program service expenses 842. Management and general expenses 842. Fundraising expenses 0. Total expenses 1,684.”