Inevitable Foundation

“The board desires to establish an investment & grants committee as a board committee, consistently entirely of directors of the corporation, and to delegate to such committee all of the board's authority with respect to: directing and monitoring the corporation's investments and to manage any related outside parties such as an investment advisor or investment manager. Reviewing reports and recommendations from the corporation's officers, program officers and staff regarding the corporation's grantmaking and direct charitable activities and, in response to such reports and recommendations, exercising the board's authority to approve proposed grants, grant agreements, contracts for direct charitable activity, and decisions relating to previously made grants and charitable activity.”

“Richie siegel and marisa torelli-pedevska have a family relationship.”

“The organization has one class of membership and two initial members who are richard siegel and marisa torelli-pedevska.”

“The members of the organization have the exclusive right to elect any director and to set the number of authorized directors, and the exclusive right to remove a director.”

“The members of the organization have the following additional rights: the right to vote on any sale, lease, transfer, or other disposition of all or substantially all of the assets or properties of this corporation; the right to vote on any merger of this corporation, but only to the extent required by the delaware general corporation law; the right to vote on dissolution of this corporation; the right to vote on the amendment or repeal of the bylaws; and the right to vote on any other matters that may properly be presented to the members for a vote, pursuant to this corporation's certificate of incorporation, bylaws, or action of the board of directors, or by operation of law.”

“A draft copy of the completed return is provided to the president of the board for his review. It is then circulated to the members of the board for their review before the form 990 is filed.”

“The organization monitors conflicts of interest via a written policy and through frequent check ins and conversations with the board.”

“The process of determining the ceo and officer's compensation included a review of the proposed compensation by outside benchmarks for non-profit leaders. The data and proposals were reviewed and approved by the board.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The organization undertook a new program service called "visionary fellowship" during the year. The program service is described in detail on part iii, line 4c.”