Vose River Charitable Fund

“Director/officer brian c. Castrucci and secretary/treasurer ariel c. Moyer have a business relationship with director james b. Sprague because they are employed by an organization of which he is also a director.”

“Ariel moyer, was voted to serve as secretary/treasurer and authorized to sign checks and contracts--she is not compensated by vrcf.”

“Bylaws were updated to make the big cities health coalition (bchc) board seat an at-large position because bchc left vrcf to become an independent 501(c)(3).”

“De beaumont foundation ceo and board chair have standing appointments on the vrcf board of directors.”

“Vrcf has no board committees.”

“The board chair and secretary/treasurer conduct a detailed review of the form 990 before it is filed. A copy of the filed return is shared with the full board.”

“The board of directors and secretary/treasurer are asked to disclose any conflicts or potential conflicts annually in writing. If a conflict is disclosed and/or identified, the board determines if the director in question must recuse him/herself from any relevant decision(s)/vote(s). The secretary/treasurer monitors the conflict of interest policy on an annual basis.”

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

“Two new programs were approved in 2022: 1) building a new public health lexicon ($800k authorization over 18 months) 2) moving business upstream: catalyzing collaboration hubs ($1.2 million authorization over 36 months)”

“Civitas public affairs: program service expenses 361,021. Management and general expenses 0. Fundraising expenses 0. Total expenses 361,021. Burness communication: program service expenses 132,558. Management and general expenses 0. Fundraising expenses 0. Total expenses 132,558. De beaumont foundation: program service expenses 260,284. Management and general expenses 0. Fundraising expenses 0. Total expenses 260,284. David lofye consulting, llc: program service expenses 146,562. Management and general expenses 0. Fundraising expenses 0. Total expenses 146,562. The equitist, llc: program service expenses 217,095. Management and general expenses 0. Fundraising expenses 0. Total expenses 217,095. Consulting fees: program service expenses 241,636. Management and general expenses 0. Fundraising expenses 0. Total expenses 241,636. Payroll services: program service expenses 1,498,820. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,498,820.”

“Basis of accounting the organization's financial statements have been prepared on the modified cash basis of accounting, which is a comprehensive basis of accounting other than generally accepted accounting principles. That basis differs from generally accepted accounting principles in that revenues are recognized when received instead of when they are earned, and expenses are recognized as paid instead of when incurred.”