Griffith Centers for Children Foundation Inc.

“The organization entered into a management agreement with griffith centers for children, inc. The management agreeement specifies that the ceo, chief fundraising officer and director of finance of griffith centers for children, inc. Will perform all management duties of the foundation and be supervised by the foundation's board of trustees.”

“This form 990, after completion and subsequent auditor review, is reviewed by the ceo and the director of finance. An electronic copy is then provided to the foundation board of trustees for review. Once reviewed to satisfaction, the trustees will vote to approve the form 990 and its subsequent filing with the irs.”

“Griffith centers for children foundation monitors conflicts of interest throughout its business transactions with a formal, annual review of required written statements from each governing board member and officers/directors of the organization. All other employees of the organization are required to sign-off on this policy, as received and understood, at their time of hire. Should a conflict of interest arise, it is made known to the full board and a motion to abstain the member from voting on particular issues relevant to the conflict is received and approved by the governing board. The member may and should continue to vote on issues not related to the specific conflict of interest. Conflicts of interest, if any, are documented in the meeting minutes.”

“The foundation does not have any employees or employee-related compensation. The foundation is part of a management agreement that specifies that the ceo and the chief fundarising officer of griffith centers for children, inc will perform all management duties of the foundation. The determination of the contracted ceo's compensation is determined and approved by a sub-committee of the governing board of griffith centers for children, inc. The sub-committee utilizes comparable non-profit data to determine a fair and reasonable compensation package that may include, but is not limited to, the following: size of organization based on annual revenues, years of service, geographic region, local competitive rates, and the organization's current financial position. This process last occurred in fiscal year 2018.”

“Griffith centers for children foundation makes available its governing documents, conflict of interest policy and statements, and financial statements upon request to the public.”