Tawheed Foundation Inc

“A copy of the tax return will be provided to the governing body prior to submission.”

“TFI has adopted a policy to avoid any financial conflicts of interest, by establishing a system of checks and balances to always maintain a basis most favorable to TFI. One method is to require bids for goods/services where appropriate and using the lowest bidder. As for compensation of its officers, directors and staff, TFI will review both geographic market information as well as national non-profit input for review and adjustments. In that spirit, TFI may from time to time purchase services/goods from a person who may have an existing or past relationship TFI. That purchase will be based on TFI receiving a better basis than could have otherwise been achieved.”

“Directors shall serve without compensation except that a reasonable fee may be paid to directors for attending regular and special meetings of the board. In addition, they shall be allowed reasonable advancement or reimbursement of expenses incurred in the performance of their duties.”

“The salaries of the officers, if any, shall be fixed from time to time by resolution of the Board of Directors. In all cases, any salaries received by officers of this corporation shall be reasonable and given in return for services actually rendered to or for the corporation. Compensation of directors, officers and staff will be reviewed and adjusted on an annual basis so as to allow TFI to retain skilled and competent leadership and staff. Further, should funding be available, the Board will from time to time, exercise its discretion in recognizing the efforts of the staff through meritorious and financial means.”

“The governing documents are made available to the general public upon request at the Foundations office.”

“When the Tawheed Foundation Inc, was started, our funding was expected from several donars to promote the mission. However, due to economic conditions once the Foundation was launched, those funds did not materialize. However, through the generousity of Dr. Inayat, we were able to begin our services to the community. We understand that Dr. Inayat did provide additional funding to other non-profits to help them achieve their goals. As a result, we have added to our mission to be able to help more people. We do anticipate expanding our sources of revenue over the next few years.”