Oregon Historical Society

“The society is a public benefit corporation with members. According to the society's by-laws, the society has two categories of members: "active members and "lifetime members". A person may become an active member by paying the applicable annual dues. Each member is eligible to vote at any meeting of the members of the society, and on matters submitted to the members by written ballot.”

“Directors are elected by an oline ballot cast by the members of the society.”

“The form 990 is prepared by an independent cpa firm and reviewed by the board president, treasurer, executive director, and the chief financial officer. A copy of the form 990 is provided to all board members via e-mail prior to filing.”

“New board members are given a conflict of interest policy and disclosure form in their initial packet to sign, which is kept by the administration department. The conflict of interest policy is included in their board of trustees handbook and will be mentioned at their board orientation by the cfo. The board members are required to make disclosures as conflicts arise per the bylaws. The executive director and board president are responsible for monitoring and enforcing the conflict of interest policy for both board members and employees.”

“The board of trustees review the executive director's compensation annually, using comparability data from an outside vendor. At the december board meeting, they deliberate, determine compensation amounts for the following year and vote for approval. The executive director also reviews comparability data from an outside vendor in determining key employees' compensation.”

“The society's governing documents and conflict of interest policy are generally not made available to the public. However, the society will consider requests on an individual basis. Financial statements are available on the organization's website and upon request.”

“Design services: program service expenses 257,037. Management and general expenses 0. Fundraising expenses 0. Total expenses 257,037. Fabrication: program service expenses 324,995. Management and general expenses 0. Fundraising expenses 0. Total expenses 324,995. Other: program service expenses 517,514. Management and general expenses 365,427. Fundraising expenses 33,815. Total expenses 916,756.”

“Net change in the fair value of split-interest agreements 198,022. Net change in the beneficial interest of assets held by ocf 1,042,645.”