Home Planet Fund

“The sole member of hpf is zzyzx foundation, inc.”

“The organization has one membership class made up of the sole member. The sole member annually appoints the board of directors and has the ability to add or remove board of directors. In the event of a board vacancy, the position may be filled by the sole member.”

“The organization has one membership class made up of the sole member. Each member has one vote at a meeting of members. The approval or consent of the sole member is required for the following actions except to the extent otherwise provided in the organization's charter or bylaws: election of other members and of directors; addition or removal of directors; approval of a merger, consolidation, dissolution, or transfer of substantially all of the assets; any amendment of the governing documents; and on such other matters as the board may determine from time to time. The sole member will vote when determining any action or business required by law to have a vote of members.”

“The director of operations and impact reviews the completed form 990 internally for home planet fund. Home planet fund provides a completed form 990 to all current board members, requesting they review the form 990 prior to filing. The acting treasurer signs off for the board.”

“At the timing of filing this return, the organization's board has adopted a written whistleblower policy.”

“At the time of filing this return, the organization's board has adopted a written document retention policy.”

“Each director, officer, and executive shall annually sign a disclosure statement which affirms: (1) they have received a copy of the conflicts of interest policy and procedures; (2) they have agreed to comply with the policy; (3) they have disclosed all financial transactions of home planet fund in which they might have a financial benefit; and (4) they will notify the chair if they become aware of any error or material change in the information provided in their annual statement. Each member of the board (each, a "director") or any committee of the board is expected to use good judgment, to adhere to high ethical standards, and to conduct their affairs in such a manner as to avoid any actual or potential conflict between the director's personal interests or the interests of another entity, on the one hand, and the interests of home planet fund on the other hand. Both the fact and the appearance of a conflict of interest should be avoided. Transactions that provide financial benefit or compensation to directors, officers, or executive are not forbidden by the conflict of interest policy. Rather such transactions must be disclosed and reviewed and approved by the board or a board committee. A director, officer, or executive must disclose to the chair the existence of a financial benefit that might result from any proposed financial transaction involving home planet fund. The board may create a conflicts committee authorized to review transactions and to determine conflicts of interest where reliance on a committee is permitted by law and hpf's bylaws. The members of such conflicts committee must consist exclusively of directors who are not related to or subject to the control of the person disclosing the financial interest or potential conflict. Nevertheless, final responsibility for identifying and resolving conflicts of interest rests on the board. When a directors, officer, executive and their family members has a conflict of interest or potential conflict of interest in a proposed transaction, the director, officer or executive shall: disclose such affiliation or arrangement in accordance with this policy; and, unless otherwise determined by the board, recuse themselves from any discussion or vote by the board regarding any arrangement between home planet fund and any such entity; provided, however, that the director, officer or executive may, at the request of the board, answer questions or provide additional information to the board regarding any such affiliation or arrangement. The board or committee's review of any conflict of interest transaction will require investigating and gathering information and data on comparable transactions or compensation arrangements and/or fair market value, and developing a report that adequately documents the basis for the board or committee's findings and determination. The board or committee may approve a financial transaction that provides a financial benefit to a director, officer, or executive only if it determines, upon review of the facts and results of its investigation, that the value of the financial benefit does not exceed the value received by the organization. For any matter in which a director receives a financial benefit, the following additional procedures and findings are required before the board or committee may approve the financial transaction, such body determines in good faith that a) the organization will enter into the financial transaction for its own benefit; b) financial transaction is fair and reasonable to the organization; and c) after reasonable investigation that organization could not have obtained a more advantageous arrangement with reasonable effort under the circumstances.”

“Home planet fund's executive compensation program is administered by a formed hiring team. The hiring team is responsible for establishing a competitive compensation program for the key executives of the organization. Home planet fund uses comparable nonprofit organizations to benchmark pay, and market information from additional market segments such as private foundations and published not-for-profit compensation surveys may be used as a supplement. In addition, home planet fund may also collect other published survey data, when appropriate, for for-profit organizations for specific functional competencies such as finance and human resources. Together with data from the comparable organizations, data from these market segments are used to form a "market composite" to assess the competitiveness of compensation. The compensation policy is designed to be flexible so that compensation can be above or below the median based on experience, performance, and business need to attract and retain specific talent. The compensation of the organization's executive director, and any other individual who is an officer or key employee is or will be approved by the independent members of the board based on comparability data and documented in board minutes or other documentation. The organization's executive director has authority to approve the compensation of all others following a similar process adopted by the board.”

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