Historic Fourth Ward School Foundation

“A draft 990 is sent out via email to the board for review. They are provided notes to explain the various line items and if there are questions they submit those to the executive director. They are asked to give their approve via email.”

“The executive director is evaluated annually by the board of directors. The board reviews compensation annually against compensation of other executive directors for organizations of similar size.”

“These documents are made available to the public upon request.”

“Persons covered by this policy will annually disclose or update to the Chairman of the Board of Directors on a form provided by the PNS their interests that could give rise to conflicts of interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members. For each interest disclosed to the chairman of the Board of Directors, the Chairman will determine whether to a take no action b assure full disclosure to the Board of Director and other individuals covered by this policy ask the person to recuse from participation in related discussions or decision within the FWS or d ask the person to resign from his or her position at the PNS or, if the person refuses to resign, become subject to possible removal in accordance with the PNSs removal procedures.The PNS Executive Director will monitor proposed or ongoing transactions for conflicts of Interest and disclose them to the Chairman of the board of Directors in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred.”

“Program Service Expenses 1,471, Grants and allocations 0, Revenue 0 Expanded our program delivery by offering an historical presentation in our newly designed Victorian Tea Room.”