Mdrt Academy

“The governing body is governed and managed by an executive committee duly elected by the membership which functions as the board of governance. The committee has five voting officers and includes the chief executive officer as ex-officio, non-voting member.”

“The organization has three classes of membership: 1) qualifying, 2) qualifying and life, and 3) life. Each class of membership shall be a privilege which may be granted or withheld each year by the executive committee.”

“The round table has a nominating committee consisting of seven members. The president and two available past presidents shall be members of the nominating committee with the other four members not being members of governance or past presidents. It is the nominating committee that is assembled to elect new members to the governing body. Members of governance must be qualifying and life members.”

“The by-laws may be amended by the members. The process requires notification of the members not less than 30 days prior to the annual meeting and approval by two-thirds of those members present at the annual meeting and casting votes. Amendments may also be made between annual meetings by solicitation of the members by mail or electronic media. This method also requires 30 day notification in advance of the ballot deadline and approval by two-thirds of members casting votes. Members may propose amendments by written petition containing signatures of not less than 20% of all members. Such petition must be submitted 90 days prior to the annual meeting to facilitate compliance with the 30 day notice requirement.”

“The form 990 is prepared by the organization's independent accounting firm based on information supplied by management. A draft of the return is reviewed by management with any appropriate changes being incorporated into the document before being provided to the governing body prior to filing.”

“Each executive committee member is required to agree to the conflict of interest policy and acknowledges this by signing the conflict of interest policy statement on an annual basis. Compliance is monitored by the executive committee on an annual basis. The policy requires full and prompt disclosure to the executive committee of all relevant facts regarding any possible conflicts of interest. Each executive committee member agrees to inform in writing an officer of mdrt not affected by the conflict. They must then refrain from executive committee discussion with respect to the matter and refrain from voting on the matter.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The organization's executive committee assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed from the prior year.”