Dropbox Charitable Foundation

“Family or business relationships current president bart volkmer, current vice president amber cottle, and vice president of communication and director lin-hua wu have a business relationship.”

“Members the dropbox foundation has two classes of members: a) appointing members - consisting of dropbox's supported organization, rockefeller philanthropy advisors and dropbox, inc. B) governing members - consisting of those individuals who are directors of the organizations.”

“Appointing members the appointing members have the power to appoint and remove board of directors members. Rockefeller philanthropy advisors has the power to appoint and/or remove four board members; dropbox, inc. Has the power to appoint and/or remove three board members.”

“Form 990 review process dropbox charitable foundation hires an independent accounting firm to prepare and review the organization's form 990 based on information provided by their accounting staff. A copy of the form 990 is distributed to the organization's audit committee for review prior to filing with the irs. A copy of the form 990 is distributed to the full board of directors once the audit committee has approved it for filing.”

“Conflict of interest policy dropbox charitable foundation follows the same conflict of interest policy as rockefeller philanthropy advisors inc. Which is replicated below: the secretary of the organizations annually circulate a disclosure form for directors and staff to list organizations in which they or their spouses or children play a fiduciary or leading role. In addition, directors and staff will list those organizations in which they, a spouse or a child hold a significant financial interest and which have a business relationship with the organization. On the same form, directors and staff acknowledge that they understand and adhere to the organization's conflict of interest policy and procedure. Directors and staff will inform the secretary of any changes or new relationships. If a potential conflict exists, involved parties will disclose the potential conflict and excuse themselves from discussion or any vote related to the matter.”

“Process for determining compensation the individuals listed below and reported on the dropbox foundation form 990 receive their compensation from the foundation's supported organization, rockefeller philanthropy advisors, inc.: gregory ratliff heather grady christopher welch wendy berit ashla (thru 12/3/2021) shermane bilal the process by which these individuals compensation is determined is replicated from the rpa 990 below: rpa is committed to recruiting, retaining, and motivating highly qualified and high-performing staff, and providing a market competitive compensation and benefits package, linked to the success of the individual, the organization and its mission-driven outcomes. Rpa primarily compares its compensation to the larger foundations in the new york city region as well as to small to mid-size consulting organizations nationwide, while also monitoring practices and trends in the broader nonprofit and general employment markets. Rpa is committed to both external competitiveness and internal equity for its compensation program practices. Employee policies: rpa's performance and compensation plans, including budgets, are approved annually by the board of directors. The following is a summary of the general principles on which rpa's performance assessment and compensation processes are based. Performance review and compensation decisions at rpa are made on the basis of a board-approved performance appraisal form, which establishes performance standards and important values that are expected of all employees. At the beginning of each calendar year, each rpa employee develops a performance plan that his/her supervisor and the president of rpa must approve. Eligible employees also establish specific goals for incentive compensation payments. At the end of the calendar year, an employee and his/her supervisor review how the employee has performed against this plan and the performance standards. Supervisors complete the performance appraisal form in writing, and recommend salary increases (as well as incentive payments for eligible employees) based on performance. Both supervisor and employee must sign the performance appraisal form. Salary adjustments and bonus payments must be approved by the president of rpa and bonus compensation pool must be board approved.”

“How documents are available to the public dropbox charitable foundation makes its form 990 available to the public by retaining a copy at their place of business. The form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.”