Bayh Dole Coalition

“The form 990 is reviewed by the executive director, who then sends it to the board to review prior to filing.”

“The organization shall separately adopt a conflict of interest policy and distribute annual disclosure forms for the purpose of screening conflicts. It is the policy of the organization that no contract or transaction between the organization and one or more of its directors or officers, or between the organization and any "interested entity" shall be authorized or entered into unless the material facts as to the interest and as to the contract or transaction are disclosed or are known to the board, and the board in good faith authorizes the contract or transaction by an affirmative vote of a majority of the directors other than the interested director(s) of the organization and the contract or transaction is in the interests of the organization. An "interested entity" includes any entity (a) in which one or more of the directors or officers of the organization (i) are directors or officers, or (ii) have a financial interest; or (b) in which any director or officer of the organization has any other conflict of interest. Any interested directors may be counted in determining the presence of a quorum at a meeting of the board which authorizes the contract or transaction.”

“The governing board, which consists entirely of independent members, reviews on an annual basis the compensation of the executive director, taking into account relevant benchmarking data. Any changes to the executive director's compensation must be approved by the board. The discussion is memorialized in the organization's meeting minutes.”

“The governing documents, conflict of interest policy and financial statements are not made available to the public.”

“Outside contractors: program service expenses 424,324. Management and general expenses 0. Fundraising expenses 33,422. Total expenses 457,746.”