Hospice Giving Foundation

“The Bylaws were updated in regards to emeritus directors on the board of directors. An amendment to the bylaws updated the emeritus director position to be entitled to a vote on the board of directors.”

“The Audit Committee has the responsibility for reviewing the Form 990 and all schedules before it is filed no later than one month before the filing deadline. A meeting will be scheduled with the preparer of the Form 990 to discuss any questions, comments and suggested revisions made by the Audit Committee. After the review, the Form 990 and related schedules are distributed electronically with notice of receipt requested to the members of the Board of Directors with a summary of any important points noted by the Audit Committee. Following a one week period for comment, any questions or concerns raised by board members are conveyed to the Audit Committee and subsequently to the preparer. THe Form 990 is filed with the IRS Service and the Audit Committee will include any report in the board packet for the regularly scheduled meeting immediately following the completion of the Form 990.”

“The Conflict of Interest Policy includes: Article I: Purpose; Article II: Definitions of an interested person and financial interest that would directly or indirectly, through business, investment or family, create a conflict of interest; Article III: Procedures: Upon becoming an interested person, a conflict of interest disclosure statement will be signed and thereafter on an annual basis; Duty to Disclose: Determining Whether a Conflict of Interest Exists; Procedures for Addressing the Conflict of Interest; Instructions for Form 1023-25 Violations of the Conflicts of Interest Policy; Article IV: Records of Proceedings; Article V: Compensation; Article VI: Annual Statements for each governing board member indicating receipt of policy, read/understands policy, agrees to comply with policy and understands the Organization is a tax-exempt entity. Article VII: Periodic Reviews; and Article VIII: Use of Outside Experts.”

“The Executive Committee of the Board of Directors acts as the Personnel Committee and is authorized by the entity's by-laws to act on behalf of the Board of Directors in personnel matters as described in the by-laws. A primary duty is the employment of, and determining compensation for, the President/CEO. The Executive Committee annually evaluates the employee's performance based on the position description and performance outcomes. When an employment contract is due to expire, the Executive Committee reviews compensation in close session using data of comparable positions in comparable organizations to determine reasonable compensation. No member of the Executive Committee can be a member of the employee's family, in an employment relationship that is subject to approval by the employee, receiving compensation or payments subject to the approval by the employee, have a financial interest affected by the employment of the disqualified person (employee) or any other potential for benefit by approval of the employment of the disqualified person.The Directors and Officers of the Board of Directors are not compensated for their services.The employment of other key employees is the responsibility of the President/CEO. Compensation for key employees is determined by the review of salary data of comparable positions in comparable organizations.”

“The entity makes available to the public for inspection its governing documents, financial statements, tax returns and all procedures/policy documents (including conflict of interest, document retention and destruction, whistle blower, investment, employee expense reimbursement and credit card use, Form 990 Board Review, Audit Committee) for inspection at its physical location. Additionally, the entity will provide copies upon request. The Form 990 is posted on the entity's website at: www.hospicegiving.org.”

“Change in value of split-int. Agreements = $67881”