Tricontinental Ltd.

“The executive director ,vijay prashad and elisabeth armstrong, director - family relationship”

“The organization presents it board of directors with issued financial statements and a draft of the irs form 990. Upon board approved form 990, the final return is filed with the irs.”

“A director or officer shall disclose a conflict of interest: (a) prior to voting on or otherwise discharging his duties with respect to any matter involving the conflict which comes before the board or any committee; (b) prior to entering into any contract or transaction involving the conflict; ( c) as soon as possible after the director or officer learns of the conflict; and ( d) on the annual conflict of interest disclosure form.”

“It is the policy of the corporation to pay no more than reasonable compensation for personal services rendered to the corporation by officers and employees. The directors of the corporation shall not receive compensation for fulfilling their duties as directors, although directors may be reimbursed for actual out-of-pocket expenses which they incur in order to fulfill their duties as directors. The board of directors must approve in advance the amount of all compensation for officers of the corporation. Before approving the compensation of an officer, the board shall determine that the total compensation to be provided by the corporation to the officer is reasonable in amount in light of the position, responsibility and qualification of the officer for the position held, including the result of an evaluation of the officer's prior performance for the corporation, if applicable. In making the determination, the board shall consider total compensation to include the salary and the value of all benefits provided by the corporation to the individual in payment for services. At the time of the discussion and decision concerning an officer's compensation, the officer should not be present in the meeting. The board shall obtain and consider appropriate data concerning comparable compensation paid to similar officers in like circumstances. The board shall set forth the basis for its decisions with respect to compensation in the minutes of the meeting at which the decisions are made, including the conclusions of the evaluation and the basis for determining that the individual's compensation was reasonable in light of the evaluation and the comparability data.”

“The financial statements and form 990 are attached to an annual reporting requirement for public charities that is submitted to the attorney general of the commonwealth of massachusetts. The information is available to the public at the attorney general's website and upon request.”

“The financial statements and form 990 are attached to an annual reporting requirement for public charities that is submitted to the attorney general of the commonwealth of massachusetts. The information is available to the public at the attorney general's website and upon request. Returns are also available on the irs teos (tax exempt organization search) system.”

“Consulting: program service expenses 309,292. Management and general expenses 0. Fundraising expenses 0. Total expenses 309,292. Professional fees -insurance broker: program service expenses 0. Management and general expenses 499. Fundraising expenses 0. Total expenses 499. Payroll service fee: program service expenses 2,507. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,507.”

“The organization did not change either its oversight process or selection process during the tax year.”

“At no point during the reporting year did the organization engage in transactions with, or provide assistance to, a related organization as defined for the purposes of schedule r.”