Filoli Center

“Management (president & chief executive officer and chief financial officer) reviewed the form 990 provided by the tax preparing firm. Upon satisfaction the tax preparing firm presented form 990 to the board audit committee in a live meeting. Upon the audit committee's review, it did not find anything unusual. A public disclosure copy of the form 990 was provided to the board prior to filing.”

“Filoli center follows a conflict of interest policy designed to foster public confidence in the integrity of the organization and to protect the organization's interest when it is contemplating entering a transaction or arrangement that might benefit the private interest of a board member, officer, the top management official, the top financial official, any person with substantial influence over the organization, or other insider person, or an employee. Board members, officers, the top management official, the top financial official, and key employees are required annually to disclose description of interest that could lead to a conflict of interest. With regard to an employee, the chief executive officer shall determine whether a conflict of interest exists. With regard to an insider person, the board shall determine if a conflict exists. Once a conflict of interest has been found with regard to an employee, the chief executive officer decides the appropriate response taking into consideration the seriousness of the conflict. With regard to an insider person, the board shall decide what measures are needed to protect the organization's interests in light of the nature and seriousness of the conflict, to decide whether to enter into the transactions, and, if so, to ensure that the terms of the transaction are appropriate. In the case of an insider who is a board member, the board member shall not vote on any transaction in which the board member has an interest.”

“The board annually reviews the chief executive officer against a list of goals determined annually. The board will review the compensation of the chief financial officer while the chief executive officer evaluates this position. All other key employees are evaluated by the chief executive officer. The organization assessed the going rate for the chief executive officer position based on the organization size, geographic location, and complexity. All key positions are budgeted and such budget is reviewed by the finance committee who provides its recommendation to the board for approval.”

“Audited financial statements are available on the organization's website. Governing documents and conflict of interest policy are available upon request.”

“The governing documents and conflict of interest policy are made available upon request for the same period of time set forth in sec. 6104(d). Financial statements are available on the organization's website.”

“1. 686 service learning volunteers: filoli offers a service learning program to engage the community in projects that not only provide a service to filoli but prioritize a learning component for its participants. Anyone is welcome to participate in these service learning project days. Examples of service learning projects include mulching and cleaning the garden, assisting in holiday projects, harvesting fruit in the orchard. 2. 28 board members and 1 national trust representative comprised of individuals that are committed to the filoli's mission. The board of directors are responsible for the governance and support of filoli.”

“During the 2024 tax year, filoli center embarked upon a multi-year capital campaign. In accordance with gaap, all multi-year pledges are recorded as contributions in the year committed and are reflected in the financial statements and form 990.”