Greater Austin Christian Foundation

“The organization did not have any committees in 2024.”

“The form 990 will be reviewed and approved by the president. The form 990 is prepared using the financial statements, which have been reviewed and approved by the board.”

“It is the policy of the organization to assure that any conflicts of interest or potential conflicts of interest are fully disclosed to the board of directors (the "board") or relevant committee before a decision is made or before the organization enters into a proposed transaction. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. An interested person is any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest. A person has a financial interest if the person has, directly or indirectly, through business, investment, or family: (a) an ownership or investment interest in any entity with which the organization has a transaction or arrangement, (b) a compensation arrangement with the organization or with any entity or individual with which the organization has a transaction or arrangement, or (c) a potential ownership or investment interest in, or compensation arrangement with, any entity or individual with which the organization is negotiating a transaction or arrangement. It shall be the continuing responsibility of all directors and officers to review their outside business or professional interests, personal interests, and family and other relationships for actual or potential conflicts of interest with respect to the organization, and where such conflicts exist or arise, to immediately disclose to the board the nature of the interest or relationship. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. For purposes of this policy, the following financial interests shall not be deemed to be or create a conflict of interest: checking, savings or investment accounts, individual retirement accounts, pension or retirement plan accounts or payments, or loans of an interested person that are held or made by an independent financial or investment institution in the normal and ordinary course of its retail business with the general public where the interested person receives no more favorable treatment than is available to the public or other non-interested persons. The conflicts of interest policy outlines procedures for addressing conflicts of interest, alternative procedures for addressing conflicts of interest, and procedures for addressing violations of the conflicts of interest policy.”

“The president's compensation is determined by the organization's board of directors, using comparative data from other national christian foundation affiliate boards across the country. The board reviews the organization's financial position, the president's performance and the comparative data and then votes to set the president's compensation.”

“No documents available to the public.”