Gates Policy Initiative

“Robert nabors, robert rosen, lauren bright, gargee ghosh, and carolyn ainslie have a business relationship as current or former employees of the gates foundation.”

“At all times at least 40%, but no more than 50%, of the seats on the board of directors must be "foundation directors", which is defined to mean employees of the gates foundation who are appointed by the gates foundation.”

“The authority to make, alter, amend or repeal the corporation's articles of incorporation and bylaws is vested in the board of directors, subject to the approval of the gates foundation, and may be exercised at any annual or special meeting of the board of directors.”

“The form 990 is prepared by a third-party accountant. After preparation, it is reviewed in detail by the executive director of the organization. A copy of the form 990 is provided to the entire board prior to filing with the internal revenue service.”

“All officers, directors and key employees are considered "covered persons" for the organization's conflict of interest policy, and as such, are required to annually disclose any relationships that could give rise to conflicts of interest involving the organization. In addition, any transactions between the organization and any of these individuals (or their family members or an affiliated entity) must be disclosed to the secretary. If the secretary has a potential conflict of interest, it must be disclosed to the executive director. The secretary and executive director are responsible for reviewing the annual conflict of interest disclosures and resolving any potential conflict of interests that may arise. The covered person is required to refrain from using their personal influence to encourage the organization to enter into the covered transaction. Additionally, they must not participate in any discussions regarding the covered transactions with officers, directors and employees of the organization, except to respond to requests for information. If the transaction is deemed to be reasonable by the disinterested directors (in the case of a conflict involving a director or the executive director) or executive director (in the case of a conflict involving another officer or key employee), the organization may enter into the transaction, as long as it is fair and reasonable to the organization.”

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

“The gates foundation and gates policy initiative are parties to a cost sharing agreement which allocates gates policy initiative's proportionate share of office space, administrative expenses, and employee salaries. Gates policy initiative does not directly employ staff. Pursuant to the cost sharing agreement, the gates foundation charges gates policy initiative for its proportionate share of the salaries of staff who are employed by the gates foundation and also provide support to gates policy initiative.”

“Outsourced services: program service expenses 0. Management and general expenses 40,236. Fundraising expenses 0. Total expenses 40,236. Other consulting services: program service expenses 717,929. Management and general expenses 0. Fundraising expenses 0. Total expenses 717,929.”