Free Democracy Foundation

“There are no committees with the authority to act on behalf of the governing body.”

“A draft of the form 990 is presented to the governing body at their board meeting for review prior to filing.”

“Directors and officers shall disclose to the board any financial interest that the director or officer directly or indirectly has in any person or entity that is a party to a transaction under consideration by the board. The interested director or officer shall abstain from voting on the transaction. Directors are required to report any conflicts annually.”

“The foundation has no employees and there are no compensated officers or key employees, other than the president who is compensated by tusk montgomery charitable foundation.”

“The foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Jocelyn bucaro, the president of the foundation, is an employee of and compensated by tusk montgomery charitable foundation. A portion of her time (50%) is dedicated to the foundation and the respective amounts for salary and other nontaxable benefits have been allocated for purposes of the foundation's return and included on part vii, section a, p. 7. These are not included in the functional expenses on part ix, p. 10 as they are donated by tusk montgomery charitable foundation.”

“The return was inadvertently filed on form 990-n but doesn't qualify for that return type in 2023 due to the income and asset thresholds. This amended return corrects the filing to form 990.”

“Consultant: program service expenses 141,260. Management and general expenses 0. Fundraising expenses 0. Total expenses 141,260. Professional services fees: program service expenses 1,402,634. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,402,634.”