Campaign for Great Public Schools

“The city fund action does not have any committees that can act on behalf of the governing body.”

“The city fund action hires an independent accounting firm to prepare the federal form 990. Upon submission of the draft, the form 990 is reviewed by the cfo, ceo and board before the return is filed with the internal revenue service.”

“Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: has received a copy of the policy, has read and understands the policy, has agreed to comply with the policy, and understands the corporation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

“To ensure the corporation operates in a manner consistent with social welfare purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: - whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arm's length bargaining; - whether partnerships, joint ventures, and arrangements with management organizations conform to the corporation's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further social welfare purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.”

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

“Consultants - general: program service expenses 2,044,658. Management and general expenses 392,500. Fundraising expenses 0. Total expenses 2,437,158. Consultants - communications: program service expenses 153,218. Management and general expenses 45,000. Fundraising expenses 0. Total expenses 198,218. Peo fees: program service expenses 3,909. Management and general expenses 36,403. Fundraising expenses 0. Total expenses 40,312. Talent: program service expenses 0. Management and general expenses 18,000. Fundraising expenses 0. Total expenses 18,000.”