Wright Stuff Community Foundation

“Senior management of the foundation is responsible for the timely preparation of the form 990. A draft of the form 990 will be provided to the executive director and business manager in advance of the filing deadline to enable a detailed review by them as well as the board. All members of the board will be invited to review the draft form 990 in advance of the filing deadline via a dedicated foundation website. Questions and concerns of board members will be addressed by the executive director, business manager, or form 990 preparer and incorporated into the form 990 as appropriate.”

“The executive committee discusses, reviews, and addresses any potential conflict of interest issues and monitors enforcement with the assistance of the full board of directors. The board president works closely with the executive committee to ensure no conflicts of interest are present in any part of the foundation's operations.”

“The board of directors reviews and approves the executive director's annual salary, with no participation by the executive director or other interested persons. The executive director's salary is established using comparable data for similarly qualified persons in functionally comparable positions at similar nonprofits; consideration of roles and responsibilities of the executive director; and cost of living data. Comparable market data is obtained from salary surveys and form 990s filed by comparable not-for profit organizations. Discussions and decisions regarding the compensation are documented in executive committee meeting minutes. The executive director also receives reimbursements for routine, reasonable, and documented expenses incurred during the year under an accountable plan. The executive director travels throughout our service area. The foundation has a travel policy that caps reimbursement levels and requires low-budget travel.”

“A line item budget is approved by the board of directors annually. The board approves the overall salaries and benefits expenses. Discussions and decisions regarding the budget are documented in board meeting minutes. The executive director reviews and approves the salaries of other officers or key employees, with no participation by the interested persons, in accordance with the annual budget approved by the board. The executive director establishes salaries using comparable data for similarly qualified persons in functionally comparable positions at similar nonprofits; consideration of roles and responsibilities of the officer or key employee; and cost of living data. Comparable market data is obtained from salary surveys and form 990s filed by comparable not-for- profit organizations.”

“We consider requests on a case-by-case basis. The foundation will make its public forms available upon receipt of a properly executed written request, generally within 10 days of receiving the request.”

“To serve as a catalyst for youth-focused community development for wright's mesa and neighboring communities in southwestern colorado. Wscf has remained committed to early education and care by providing affordable early childcare education, before- and after-school care, and summer outdoor recreation programs to the immediate and surrounding communities of southwestern colorado.”

“One volunteer assists in preparing meals and snacks throughout the week, the other works in the garden and educates the kids on gardening different fruits and vegetables. The board of directors serve on a volunteer basis.”