Mindful Communities Fund

“Daniel Sunshine and David Sunshine are brothers.”

“A draft of Form 990 is prepared by the organizations accountant. The draft is then reviewed by the Executive Director and Treasurer for accuracy and completeness. After this internal review, the draft is distributed in hard copy to all board members prior to filing. Board members are given the opportunity to ask questions and provide feedback. Once all questions are resolved, the board authorizes the final filing of the Form 990 with the IRS.”

“The organizations Board follows a conflict of interest policy that requires directors and officers to disclose any actual or potential conflicts. When a possible conflict arises, the individual leaves the discussion and vote, and the matter is reviewed and decided upon by the disinterested members. Any disclosures and related actions are recorded in the meeting minutes. The Board also conducts periodic reviews of compensation and transactions to ensure they are reasonable, at arms length, and in furtherance of the organizations charitable purposes.”

“The compensation of the Executive Director and key employees is reviewed and approved by the Board of Directors, with any interested persons recusing themselves from the discussion and vote. The Board determines that compensation is reasonable and not excessive by considering the scope of responsibilities, time commitment, and comparability to compensation for similar positions in organizations of similar size and mission. These discussions and decisions are documented in the Boards meeting minutes.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request, in accordance with IRS requirements.”