Food for the Hungry Inc

“The Form 990 is prepared by an independent CPA firm and then the Chief Financial Officer and Controller make a full review of the Form 990 to verify accuracy. The return is then reviewed by the Finance & Enterprise Risk Management Committee (FERM). After that, the Form 990 is emailed to the board of directors prior to filing.”

“The conflict of interest policy covers officers and members of the board. Members of the board, officers, and key employees are required to sign a statement annually. The corporate secretary reviews the signed statements. Should any potential conflicts of interest be disclosed, the individual would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

“The Executive Committee of the board of directors is responsible for determining compensation for the CEO. When determining an appropriate level of compensation for a given position, the board works closely with the human resources department. Comparability data is collected on salary and benefits offered by similar-sized, like-minded non-profit organizations. This information is used to set a benchmark in determining appropriate compensation to offer. The board approves salaries and benefits in total when it approves the annual budget at its September meeting.”

“The CEO in consultation with HR is responsible for determining compensation for the organization's other officers and key employees. The compensation policy is used to set compensation when an officer or key employee is first hired, as well as any time their compensation package is subject to change. All compensation decisions are recorded in documentation held by the Human Resources department.”

“Food for the Hungry posts its audited financial statements and Form 990 on its website at http://fh.org/about/finances. Copies of its governing documents and conflict of interest policy are available to the public upon request.”

“Miscellanous Income - Total Revenue: 555160, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 555160;”

“The Executive Committee of the board is comprised of three persons, who are members of the full board. No staff members are members of the Executive Committee. The Executive Committee may exercise the full authority of the board except for actions requiring a majority vote by the full board under California law, actions concerning board or committee membership, changes to the governing documents, any approval of self-dealing transactions, or changes to compensation of top staff or directors.”

“Change in value of annuities - 364990; Foreign Currency Translation - 3371;”

“The total number of grantees reported in Part II, Line 1 is 9, but the total number included on Part II, Lines 2 and 3 is 5. The difference is a result of one organization having locations in multiple regions. This organization was required to be reported more than once in Part II, Line 1 due to the Schedule F regional reporting requirements.”