Bsa 775 Trust Fund Rio Grande Council

“The executive board of rio grande council, inc., boy scouts of america 775 (the council), having established and created the boy scout trust fund 775, (the fund), shall be its governing body. The council has the power to appoint and discharge the trustee as it deems appropriate and, subject to the provisions of the charter, bylaws, and rules and regulations of the boy scouts of america, gives broad powers to the trustee, as enumerated in the declaration of trust, to administer the fund.”

“Active members may elect the members of the governing body.”

“Active members of the council may elect members-at-large, regular members of the executive board, and officers of the council other than the scout executive.”

“A complete copy of the fund's form 990 and schedules will be provided to the scout executive via email prior to filing the return.”

“The fund follows the policy of the council which is to, at least once a year, distribute a conflict of interest certification and disclosure form to its officers, directors, trustees, and professional employees. The covered persons are required to complete and sign the certification and disclosure form, which is retained in the council files. The certification and disclosure forms are reviewed no less than annually by the scout executive and treasurer. Additionally, the council compiles and maintains a list of potentially conflicted entities and individuals. Proposed transactions are then matched against the list as a means of identifying possible conflicts. The scout executive is ultimately responsible for maintaiing the list and screening for possible conflicts of interest.”

“The approval process for compensation of the scout executive requires a compensation recommendation by the boy scouts of america national council based on demographical data. Once that recommendation is received the board takes into consideration the budget available for compensation. A compensation package is established and is subject to approval by the executive board.”

“The fund's policy regarding disclosure of governing documents, policies, and financial statements follows that of rio grande council, which is that if the governing documents and policies of the council are subject to the federal public disclosure rules (or state public disclosure rules), these documents will be made publicly available as applicable law may require. Otherwise, the governing documents and policies will be provided to the public at the discretion of management.”

“To provide support to the programs of the rio grande council, inc. 775, boy scouts of america, whose mission is to prepare young people to make ethical and moral choices over their lifetimes by instilling in them the values of the scout oath and law.”