Nevada Community Foundation Inc.

“The director of finance will then send a copy of the form 990 electronically to the president and all board members instructing them to review the form 990 and submit any questions, comments, suggestions or objections to the director of finance within 10 working days. The director of finance will try to resolve any issued raised by the president or board member and will keep everyone informed as to the status of any issued raised. If any issues that have been raised are resolved the form 990 will be filed. If any issue is raised by the president or any board member that cannot be resolved before the form 990 is filed, the form 990 will be put on the next board meeting agenda for review and approval by the entire board.”

“The board will hire an independent contractor to coordinate and facilitate the executive search process and help develop the compensation package. As part of the contract, the consultant will research and review national and local industry standards for presidents/ceos of comparable size organizations. Specific attention will be placed on community foundations of comparable size and southern nevada non-profits of comparable size. The findings of the consultant are presented to the executive search committee. The search committee will select the three best qualified candidates and arrange for in person interviews conducted by the committee, board members and staff. The committee will make a recommendation to the board. The board will discuss and deliberate the entire compensation package including base salary, performance incentives and benefits and the qualifications of the recommended candidate.”

“Compensation for other employees - the compensation established for other employees is based on available data from other organizations of similar size. The president with advice from the board of directors is responsible for setting the compensation for all other employees.”

“The governing documents, conflict of interest policy, form 990 and financial statements are available for inspection at the office of the community foundation. Copies are available on request. The financial statements and form 990 are posted on the community foundation's website, www.nevadacf.org.”

“The mission of the nevada community foundation is to receive and accept funds to be administered and disbursed through grants exclusively for charitable purposes primarily in nevada or for the benefit of residents of nevada, support the solving of community issues and to match donor philanthropic interest with the myriad needs of the community.”