Moveon Education Fund

“MoveOn.org Civic Action ("MOCA") has the power to appoint and remove directors and to fill vacancies on the Organization's board.”

“MOCA's consent is required to approve the disposition of all or substantially all the Organization's assets; a transaction that would obligate the Organization to incur a debt of more than $100,000; and any amendment of the Organization's Bylaws or Articles of Incorporation.”

“The Form 990 was prepared by outside accountants and reviewed by the CFO and the Organization's legal counsel. A complete copy of the return was provided to the board before filing.”

“The conflict of interest policy covers each director, officer, board committee member, and key employee of MoveOn Education Fund. Under the policy, each covered person must (a) sign a statement that he or she has received a copy of the policy, has read and understood it, and has agreed to comply with it, (b) make the nature of his or her conflict known as it arises, and (c) excuse himself or herself from any discussion and voting related to the conflicted transaction. In addition, each MoveOn Education Fund officer, director and key employee is required to annually complete a conflict of interest disclosure form disclosing any financial interests and family relationships that could give rise to conflicts of interest. MoveOn Education Fund annually reviews the disclosure forms and monitors compliance with the policy on an ongoing basis.”

“The organization does not compensate any of its officers. However the officers of the related organization, MoveOn.Org Civic Action, are compensated.”

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

“Program Development consultants: Program service expenses 135,381. Management and general expenses 1. Fundraising expenses 11,913. Total expenses 147,295. Admin services: Program service expenses 0. Management and general expenses 375. Fundraising expenses 0. Total expenses 375.”

“During the year ended December 31, 2021, MoveOn Education Fund (MOEF) and related entity MoveOn.org Civic Action (MOCA) entered into a services and resources agreement in which MOCA provides certain support services and other resources to MOEF in exchange for a monthly fee of $40,000. The parties determined the fee based on MOCA's anticipated costs of providing such services and resources; the fee is subject to periodic adjustment to ensure that MOEF will pay no more than MOCA's cost in providing the services and resources. Total fees charged by MOCA and incurred by MOEF during the year ended December 31, 2021 were $480,000.”