Texas Rural Funders

“Directors receive the draft form 990 as part of the materials to be reviewed during a regularly-scheduled board meeting soon after the completion of the return. The directors have the opportunity to comment on or ask questions about the return before and during the board meeting. The full board votes to approve the form 990 after any requested changes have been made and before it is filed.”

“Directors are asked to review and sign a conflict of interest statement annually and are regularly reminded to comply with the policy.”

“The executive director is reviewed annually by the executive committee, which reports its findings on performance and recommendations on compensation to the full board. The committee's recommendations are based on compensation levels paid by similar organizations for functionally comparable positions. The board examines and approves compensation as a component of this process. The board's discussion and decision are recorded in the meeting minutes, including the names of the persons present, and the comparability information used to set compensation is maintained with those minutes in the corporate record book. Neither the executive committee members nor the board members have any conflicts of interest regarding the compensation and their discussions, and votes on compensation are held in executive session outside the presence of the executive director and other staff.”

“The committee's recommendations on key employee compensation are based on compensation levels paid by similar organizations for functionally comparable positions. The board examines and approves compensation as a component of this process.”

“Fiscal year 2021 was the first year of operation for the organization. The organization's governing documents are available to the public as part of the form 1023. The organization does not routinely provide its conflict of interest policy or financial statements to the public, but will consider any requests for those documents on a case-by-case basis.”

“Texas rural funders is a diverse coalition of funders working with rural communities to develop and implement solutions to their unique needs. We focus on projects that require collective action and which cant be solved by one organization alone. We seek to bring additional attention and resources to rural texas, including using communications and advocacy to elevate rural voices. We believe that our urban and rural communities are inextricably linked and that the future of texas depends on strong, rural communities. Texas rural funders is dedicated exclusively to charitable, religious, educational, and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code, or corresponding section of any future federal tax code.”

“Texas rural funders is a diverse coalition of funders working with rural communities to develop and implement solutions to their unique needs. We focus on projects that require collective action and which cant be solved by one organization alone. We seek to bring additional attention and resources to rural texas, including using communications and advocacy to elevate rural voices. We believe that our urban and rural communities are inextricably linked and that the future of texas depends on strong, rural communities. Texas rural funders is dedicated exclusively to charitable, religious, educational, and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code, or corresponding section of any future federal tax code.”

“Communications 93,728 0 0 contractors 15,718 0 0 convenings and briefings 5,062 0 0 research 2,500 0 0 total 117,008 0 0”

“Unrestricted assets 165,072”