International Women'S Forum Inc

“Member forums shall be those organizations at the local and national level around the world that apply for membership, pay dues on a schedule approved by the board, and meet any other requirements and criteria approved by the board. The individuals who comprise each member forum will be known within the corporation as associates or member forum associates. Member forum associates shall not be considered members of the corporation or exercise voting rights within the corporation. Membership shall be for one year at a time, with dues payable annually. Only organizations, and not individuals, can be member forums.”

“The membership (the forum presidents as we are a confederation of affiliated forums) directly elects 6 directors to the board. The membership, represented by forum presidents also elects 3 members of a 10 member nominating committee.”

“The form 990 is completed by the organization's public accounting firm based on information provided by management. Once a draft of the return is available, a completed copy of form 990 is furnished to and reviewed by the chief executive officer and the treasurer.”

“Whenever a director, officer, or committee member becomes aware of a potential conflict of interest, whether financial or otherwise, s/he shall make the situation known to the board or committee (as the case might be) and provide all facts material to understanding the nature and scope of the conflict, including whether the interested person believes his or her ability to make an independent decision based solely on the best interest of the iwf has been compromised. If the interested person involved does not make this disclosure, another director or committee member with knowledge of the potential conflict should draw it to the body's attention. The interested person with the potential conflict must retire from the meeting and not participate in final discussion and voting on the existence of the conflict. If a conflict is found to exist, the interested person may be invited to provide any relevant information that could be of use to the board in making its decision, but shall again retire and not participate in the final discussion and voting regarding the transaction. The board or committee's decision shall be based on consideration of whether the transaction; a. Is in the iwf's best interest and for its own benefit; b. Is fair and reasonable to the iwf; and c. Is the most advantageous transaction or arrangement the iwf can obtain with reasonable efforts under the circumstances. Procedure: staff whenever a staff member becomes aware of a potential conflict of interest in an area where s/he exercises any discretion in carrying out her/his duties for the iwf, s/he shall promptly disclose the potential conflict to an immediate supervisor. The supervisor shall gather pertinent information and report the potential conflict to the chief operating officer, together with a recommendation for action. The chief operating officer shall determine whether a conflict exists that requires recusal of the interested person. When a conflict is found to exist, the interested person shall provide the supervisor with all information s/he has relevant to any decision to be made in which s/he has an interest, and the final decision shall be made by the chief executive officer based on a recommendation from the supervisor. If the chief executive officer has a potential conflict, s/he shall disclose it to the board president or his or her designee who shall determine the existence of a conflict. At his or her discretion, the president may refer the matter to a committee of the board or the full board. Annual distribution, acknowledgment, and disclosure this conflict of interest policy shall be distributed annually to all directors, officers, members of board committees, and staff. All covered individuals shall sign an annual acknowledgment that they have received a copy of this policy, understand it, and agree to abide by its terms.”

“Compensation for the ceo and management team are measured against compensation in nonprofit organizations studies whose metrics include the size of staff, budget, international reach and against cost factors for the washington, dc metropolitan area. For the ceo, compensation is then reviewed and set by the iwf executive committee; and then included in the budget reviewed by the finance committee and iwf board. Additionally, the ceo undergoes a review every year by the president, measuring the ceo's performance against the strategic plan. This was most recently completed in 2024.”

“The international womens forum makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The process has not changed from the prior year.”