Nsbr-F Gardere

“New schools for baton rouge, the supported organization, is the only member and has the power to appoint and remove board members.”

“New schools for baton rouge is the only member and has the following reserved powers: a) to change the philosophy, objectives, mission, and purposes of the organization or of any entity in which the organization is a member with voting rights; b) to amend, alter, modify or repeal the organizing documents, as well as the articles of incorporation or bylaws (or similar organizing documents) of any entity in which the organization is a member with voting rights; c) to appoint the members, officers, and the board of the organization, and to remove the same without cause; d) to approve the election of the officers of the board; e) to authorize organization or any entity in which the organization is a member with voting rights, to merge, consolidate, or affiliate with another person or legal entity, or participate in partnership or joint ventures with another entity, organization or program; and f) to dissolve or terminate the existence, and to determine the distribution of assets upon such termination or dissolution of the organization, or of any entity in which the organization is a member with voting rights.”

“There are no committees with authority to act on behalf of the governing body.”

“The organization's form 990 is prepared by an external accounting firm in coordination with new schools for baton rouge staff members. The form 990 is approved by the signing officer prior to filing and made available to the board.”

“Members of the organization's governing board are required to sign annual statements affirming that they have received a copy of the conflict of interest policy and that they have read, understand, and agreed to comply with the policy. Members may present information to the board in any matter in which they have a conflict, but must abstain from voting. The board must proactively determine that a more advantageous transaction or arrangement is not available. Periodic reviews of existing business arrangements shall be conducted by disinterested persons to determine that no more advantageous opportunity exists. The organization may request assistance from outside experts as the board deems appropriate.”

“The organization has no compensated board members or employees. New schools for baton rouge, a related organization, determines appropriate compensation of its own employees.”

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