Philanthropy Northwest

“Members of philanthropy northwest include foundations, corporate giving programs, governments, and individuals whose principal function is making grants in alaska, idaho, montana, oregon, washington, and wyoming. Each member organization or individual member is allowed one vote to elect the organization's board of directors.”

“We are a membership association. Our bylaws call for an annual meeting at which time the members elect the board of directors.”

“Bylaws may be amended or repealed by a vote of two-thirds of all the directors or by a vote of two-thirds of all the members at any meeting.”

“The finance committee, with authority from the board of directors, reviews the form 990 with the finance director during a meeting before it is filed. A full copy of the tax return is distributed to the board prior to filing with the irs.”

“The conflict of interest policy applies to each board member and the ceo. The process for monitoring the conflict of interest policy includes distributing and collecting conflict of interest forms from board members and the ceo at the first board meeting each year. However, should a potential conflict of interest arise, the issue would be brought to the ceo or finance director and then reviewed by the board before a vote or decision was made. If necessary, the individual involved would recuse himself/herself from discussing or voting on the matter.”

“Due to the ceo resignation and transition the board did not engage in a formal ceo compensation review in 2016. The last compensation review was in the second quarter of 2015.”

“Philanthropy northwest publishes an annual report, including financial statements, once a year. Our governing documents, conflict of interest policy, and audited financial statements are available upon request.”

“Net loss consists of loss from sale of property & equipment ($1,005) and net value of mie computer equipment transferred ($42,923).”

“Philanthropy northwest relies on volunteers to assist in planning, implementing and delivering quality programs and events of benefit to our members. Volunteers also serve on standing committees, such as finance and membership engagement, to strengthen our overall organization.”

“We concluded our fiscal sponsor arrangement with mission investors exchange in 2016.”

“Design: program service expenses 14,994. Management and general expenses 234. Fundraising expenses 0. Total expenses 15,228. Payroll: program service expenses 0. Management and general expenses 3,810. Fundraising expenses 0. Total expenses 3,810. R&d: program service expenses 699,659. Management and general expenses 64,503. Fundraising expenses 0. Total expenses 764,162. Website: program service expenses 19,788. Management and general expenses 3,140. Fundraising expenses 0. Total expenses 22,928. Reimbursed expenses: program service expenses 63,334. Management and general expenses 2,107. Fundraising expenses 0. Total expenses 65,441. In house consulting (tgp): program service expenses 1,011,635. Management and general expenses 119. Fundraising expenses 0. Total expenses 1,011,754.”