Arizona Grantmakers Forum

“The following are eligible to become members of the organization a charitable foundations, trusts, corporations with foundations or charitable contributions programs in the state of arizona b other organizations, including government entities and individuals that annually make grants or charitable gifts of at least 25,000 per year. Cindividual associate members agf alumni. An individual grantmaker who has been an officer, director, or employee of an active member or other grantmaking organization but who has retired or voluntarily resigned his or her position shall be eligible for membership in the organization, provided that he or she is not currently a compensated employee of, or compensated consultant to, a nonprofit organization or other organization with respect to which, in the opinion of the board of directors of the organization, a conflict of interest may arise. Eligible individuals may be invited to become individual associate members by the agf president and ceo, in consultation with the membership committee and chair of the board. An individual associate member shall have no voting privileges, may not hold office in the corporation, may not be counted in determination of a quorum, and may attend only those meetings of the organization which are open to the general membership of the organization. Individual associate members may not represent or speak for agf in any context and may not solicit active members in any context.”

“The members shall have the right to elect the members of the board of directors. The election of new directors and the re-election of directors who are eligible for re-election shall be held at the annual membership meeting. Each member shall be entitled to one vote per vacant position at membership meetings. Votes may not be cumulated or cast by proxy.”

“The treasurer of the organization distributes a pdf copy of the 990 to all board members for review and comment prior to the return being filed.”

“At each board and committee meeting, if there is a discussion of selecting or engaging a vendor or service provider, all in attendance are asked to recuse themselves from this discussion if there could be a perceived conflict. Annually, the organization reviews and discusses the conflict of interest policy and requests that each board member list and acknowledge any known conflicts.”

“The board or an executive commitee reviews the compensation for all officers and key employees by comparing their compensation to the compensation of individuals in like positions in comparable organizations using forms 990, compensation studies, and other available data. The board or committee then approves any changes in compensation based on this information. The organization has no officer or employee meeting the definition of a key employee.”

“The organization will provide in a timely manner, copies of all governing documents including its conflict of interest policies, tax returns, and financial statements when requested in writing or in person.”