2016-07-22T15:11:10-05:00 2015-12-31 521511275 RAFFA PC 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2015-01-01 521938443 THE URBAN ALLIANCE FOUNDATION INC URBA 2024594300 2030 Q STREET NW WASHINGTON DC 20009 ESHAUNA SMITH CHIEF EXECUTIVE OFFICER 2024594300 2016-07-22 1 FRANK H SMITH P00639053 2028225000 2016-07-21 2015 2016-12-15 16:53:06Z ESHAUNA SMITH 2030 Q STREET NW WASHINGTON DC 20009 7779462 0 X WWW.THEURBANALLIANCE.ORG X 1995 DC THE FOUNDATION EMPOWERS UNDER-RESOURCED YOUTH TO ASPIRE, WORK AND SUCCEED THROUGH PAID INTERNSHIPS, FORMAL TRAINING, AND MENTORSHIP. 22 21 906 22 0 0 5427253 6660376 747860 742425 56982 27999 3348 929 6235443 7431729 48371 41387 0 0 3021828 3058187 0 0 596352 2693032 3027751 5763231 6127325 472212 1304404 4589838 5836334 916917 904886 3672921 4931448 X THE URBAN ALLIANCE FOUNDATION, INC. (THE FOUNDATION) PLACES PUBLIC SCHOOL STUDENTS FROM ECONOMICALLY DISADVANTAGED COMMUNITIES IN EMPLOYMENT ENVIRONMENTS WHERE THEY WILL BE EXPOSED TO BOTH PROFESSIONAL AND PERSONAL DEVELOPMENT THROUGH EMPLOYMENT TRAINING & MENTORSHIPS. 0 0 4473357 41387 742425 INTERNSHIP PROGRAM: THE INTERNSHIP PROGRAM IS COMPRISED OF THE HIGH SCHOOL INTERNSHIP PROGRAM AND ALUMNI SERVICES. THE HIGH SCHOOL INTERNSHIP PROGRAM IS A YOUTH EMPLOYMENT PROGRAM OPEN TO DC, BALTIMORE, CHICAGO, AND ALEXANDRIA AND ARLINGTON, VIRGINIA PUBLIC AND CHARTER SCHOOL SENIORS WHO ARE ELIGIBLE FOR A HALF-DAY SCHEDULE. STUDENTS WORK IN PAID INTERNSHIPS, ATTEND LIFE-SKILLS/JOB READINESS/FINANCIAL LITERACY WORKSHOPS, AND RECEIVE COLLEGE/CAREER PLANNING ASSISTANCE. ALUMNI SERVICES PROVIDES GRADUATES OF THE FOUNDATION PROGRAMS WITH SUPPORT DURING POST-HIGH SCHOOL YEARS. SERVICES INCLUDE BUT ARE NOT LIMITED TO PAID SUMMER INTERNSHIPS, RESUME AND COVER LETTER REVIEW, ASSISTANCE WITH OBTAINING FINANCIAL AID, ASSISTANCE WITH COLLEGE TRANSFERS, AND JOB SEARCH AND PLACEMENT HELP. IN ADDITION, THE FOUNDATION EMPLOYS SOCIAL MEDIA TO ENCOURAGE ALUMNI ENGAGEMENT AND NETWORKING. 619075 PROGRAM DEVELOPMENT: PROGRAM DEVELOPMENT REFERS TO ACTIVITIES DESIGNED TO INCREASE THE QUANTITY AND QUALITY OF THE FOUNDATION'S PROGRAMS. REPLICATION ACTIVITIES ARE DESIGNED TO INCREASE THE QUANTITY OF YOUTH SERVED BY THE FOUNDATION'S PROGRAMS BY FINDING NEW AND INNOVATIVE WAYS TO DELIVER PROGRAMS IN CURRENT AREAS SERVED AS WELL AS BY EXPANDING TO OFFER PROVEN PROGRAM MODELS IN NEW AREAS. THE QUALITY OF ALL THE FOUNDATION'S PROGRAMS IS IMPROVED THROUGH EVALUATION ACTIVITIES DESIGNED TO IDENTIFY STRENGTHS AND AREAS FOR GROWTH THAT INFORM THE FOUNDATION'S PROGRAM OPERATIONS. EVALUATION ACTIVITIES INCLUDE A 5-YEAR EXPERIMENTAL DESIGN STUDY WITH THE URBAN INSTITUTE AS WELL AS SHORT TERM OUTCOME EVALUATIONS THAT ALLOW THE FOUNDATION TO IMPROVE PROGRAM QUALITY AND DELIVER IMPROVED SERVICES TO YOUTH. 107067 YOUTH PROGRAMS: IN AN EFFORT TO SERVE MORE STUDENTS, THE FOUNDATION HAS MADE ITS CURRICULUM AND TRAINING SESSIONS FOR YOUTH EMPLOYMENT EDUCATION AVAILABLE TO OUTSIDE ORGANIZATIONS ON A LIMITED BASIS, PROVIDED THAT PROJECT SCOPES AND ORGANIZATIONS ALIGN WITH THE FOUNDATION'S MISSION. THE FOUNDATION'S CURRICULUM WILL BE SELECTED AND MODIFIED, IF NECESSARY, TO MEET THE NEEDS OF THE PROJECT. THE FOUNDATION RECEIVES REVENUE FOR AN ORGANIZATION'S USE OF THE FOUNDATION'S CURRICULUM, PROFESSIONAL FEES FOR THE FOUNDATION STAFF, AND EXPENSES NECESSARY TO EXECUTE THE PROJECT. 5199499 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 5 0 1 906 1 0 0 0 0 0 0 0 0 0 0 X 22 21 0 0 1 0 0 0 0 1 0 0 1 1 1 1 1 1 1 1 1 1 0 IL MD X X ESHAUNA SMITH 2024594300 2030 Q STREET NW WASHINGTON DC 20009 MARY MENELL ZIENTS BOARD CHAIR 2.00 X X 0 0 0 ANDREW PLEPLER BOARD VICE CHAIR 2.00 X X 0 0 0 KAREN LEDER BOARD SECRETARY 2.00 X X 0 0 0 KWASI MITCHELL BOARD TREASURER 2.00 X X 0 0 0 ANNA POWELL BARD BOARD MEMBER 1.00 X 0 0 0 VIKI BETANCOURT BOARD MEMBER 1.00 X 0 0 0 KAREN CAMPBELL BOARD MEMBER 1.00 X 0 0 0 BRUCE CHARENDOFF BOARD MEMBER 1.00 X 0 0 0 SHANNON DIBARI BOARD MEMBER 1.00 X 0 0 0 GARY GINSBERG BOARD MEMBER 1.00 X 0 0 0 CHRISTINE GREGORY BOARD MEMBER 1.00 X 0 0 0 NICHOLAS KILAVOS BOARD MEMBER 1.00 X 0 0 0 TOM KNOLL BOARD MEMBER - UNTIL 03/2015 1.00 X 0 0 0 KRISTIN KOSMIDES BOARD MEMBER 1.00 X 0 0 0 COLLEEN LEE BOARD MEMBER 1.00 X 0 0 0 WINSTON LORD BOARD MEMBER 1.00 X 0 0 0 TOM NIDES BOARD MEMBER 1.00 X 0 0 0 VERONICA NOLAN BOARD MEMBER 1.00 X 0 0 0 CHANDRA PAPPAS BOARD MEMBER 1.00 X 0 0 0 SHAHIN REZAI BOARD MEMBER 1.00 X 0 0 0 SONAL SHAH BOARD MEMBER 1.00 X 0 0 0 MATTHEW SMITH BOARD MEMBER 1.00 X 0 0 0 MAURA BURKE VANDERZON BOARD MEMBER 1.00 X 0 0 0 ESHAUNA SMITH CHIEF EXECUTIVE OFFICER 40.00 X 127907 0 3510 JOSE SOUSA CHIEF ADMINISTRATIVE OFFICER 40.00 X 113274 0 6944 TAMEKA LOGAN CHIEF PROGRAM OFFICER 40.00 X 108912 0 7158 MEAGHAN WOODBURY CHIEF OPERATING OFFICER 40.00 X 105373 0 8240 JULIE FARKAS CHIEF STRATEGIC GROWTH OFFICER 40.00 X 101506 0 0 556972 0 25852 5 0 0 0 THE URBAN INSTITUTE 2100 M STREET NW WASHINGTON DC 20037 RANDOMIZED CONTROL STUDY 385453 1 6081 590629 6063666 6660376 STUDENT SPONSORSHIPS 900099 742425 742425 742425 25380 25380 350352 347733 2619 2619 2619 REIMBURSED EXPENSES 900099 747 747 MISCELLANEOUS INCOME 900099 182 182 929 7431729 742425 0 28928 41387 41387 131417 68337 17084 45996 2255108 1745954 161677 347477 48151 40879 3715 3557 308699 242372 16944 49383 314812 263730 23791 27291 69785 40367 24894 4524 471940 392180 41873 37887 54005 35608 6687 11710 68721 54879 8293 5549 276392 206712 18418 51262 67574 62431 1306 3837 45443 37563 3670 4210 15115 12494 1221 1400 STUDENT INTERNSHIPS 1788933 1788933 TRAINING & ACTIVITIES 117110 117110 MISCELLANEOUS 44653 41590 1715 1348 DUES,FEES,SUBSCRIPTIONS 8080 6973 186 921 6127325 5199499 331474 596352 62914 63655 2716132 3683983 308292 541401 599740 710395 32279 24089 182278 142205 77296 40073 783890 762109 9295 10629 4589838 5836334 127220 161011 747860 716225 41837 27650 916917 904886 X 2809709 3043077 863212 1888371 3672921 4931448 4589838 5836334 1304404 -45877 0 X 0 1 X 1 0 X 3237456 3506613 4531401 5427253 6660376 23363099 3237456 3506613 4531401 5427253 6660376 23363099 735414 22627685 10161 18151 23820 30868 25380 108380 260 198 2146 182 2786 23474265 2011178 0.96390 0.95860 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2011 AMOUNT: $ 260. 2012 AMOUNT: $ 198. 2013 AMOUNT: $ 2,146. 2014 AMOUNT: $ 0. 2015 AMOUNT: $ 182. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 129717 111620 18097 52561 30585 21976 40073 CAPITAL LEASE OBLIGATION 12045 DEFERRED RENT 15605 27650 X 7934733 -45877 548881 503004 7431729 0 7431729 6676206 548881 548881 6127325 0 6127325 PART X, LINE 2: THE FOUNDATION REVIEWS AND ASSESSES ALL ACTIVITIES ANNUALLY TO IDENTIFY ANY CHANGES IN THE SCOPE OF THE ACTIVITIES AND REVENUE SOURCES AND THE TAX TREATMENT THEREOF TO IDENTIFY ANY UNCERTAIN TAX POSITIONS. FOR THE YEAR ENDED DECEMBER 31, 2015, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION OR DISCLOSURE IN THESE FINANCIAL STATEMENTS. 1 INTERN SCHOLARSHIPS 29 41387 0 PART I, LINE 2: IN 2015, THE FOUNDATION AWARDED THREE TYPES OF SCHOLARSHIPS IN CONJUNCTION WITH THIRD PARTIES. ONE SCHOLARSHIP, THE INTERN EXCELLENCE SCHOLARSHIP, CALLED FOR NOMINATIONS FROM THE INTERNS' JOB SITE MENTORS. MENTORS COMPLETED A NOMINATION FORM, HIGHLIGHTING THE INTERN'S ACHIEVEMENTS DURING THE INTERNSHIP, AND SUBMITTED THE FORM TO THE REGIONAL FOUNDATION PROGRAM TEAMS, WHICH REVIEWED ALL NOMINATION FORMS AND SELECTED THE SCHOLARSHIP RECIPIENT(S). THE SECOND SCHOLARSHIP WAS OFFERED IN CONJUNCTION WITH HANDS ON DC; ANY FOUNDATION INTERN, WHO VOLUNTEERED FOR A DAY OF COMMUNITY SERVICE WITH HANDS ON DC WAS ELIGIBLE TO SUBMIT AN APPLICATION, WHICH INCLUDED AN ESSAY. ALL APPLICANTS WERE INVITED TO AN IN-PERSON INTERVIEW WITH REPRESENTATIVES FROM BOTH THE FOUNDATION AND HANDS ON DC; FOLLOWING THE INTERVIEW, THE FOUNDATION'S STAFF MEMBERS SELECTED THE SCHOLARSHIP RECIPIENTS. THE THIRD SCHOLARSHIP IS SPONSORED BY MURIEL MAIGNAN-WILKINS AND IS OPEN TO ALL DC INTERNS WHO MUST APPLY AND PROVIDE AN ESSAY. THE FOUNDATION'S STAFF ACCUMULATED APPLICATIONS AND SENT THEM TO MRS. WILKINS FOR HER REVIEW. MRS. WILKINS DETERMINES THE NUMBER AND AMOUNT OF SCHOLARSHIP WINNERS. THE SCHOLARSHIPS PROVIDED BY THE FOUNDATION WERE PAID DIRECTLY TO THE INSTITUTION OF HIGHER LEARNING AND WERE TYPICALLY APPLIED TO TUITION EXPENSES FOR THE INTERN'S FIRST SEMESTER OF COLLEGE. THE FOUNDATION'S ALUMNI SERVICES TEAM CONDUCTED PERIODIC CHECK-INS TO DETERMINE THE COLLEGE PERSISTENCE OF THE PROGRAM'S ALUMNI. 2025 MASSACHUSETTS AVENUE LLC MARY ZIENTS IS THE BOARD CHAIR OF THE FOUNDATION AND A MEMBER OF THE LLC. 226242 THE FOUNDATION LEASES SPACE AT 2030 Q STREET, NW IN WASHINGTON, DC. 2025 MASSACHUSETTS AVENUE, LLC OWNS THE BUILDING AND LICENSES THE USE OF OFFICE SPACE TO THE FOUNDATION. MARY AND JEFFREY ZIENTS ARE THE SOLE MEMBERS OF THE LLC, AND MARY ZIENTS SERVES AS THE MANAGER OF THE LLC. 0 FORM 990, PART VI, SECTION A, LINE 4 IN 2015, THE FOUNDATION'S BOARD OF DIRECTORS APPROVED ADOPTION OF REVISED BYLAWS. THE UPDATED BYLAWS CREATED BOARD MEMBER TERMS (NOT TERM LIMITS), DEFINED THE ROLE OF REGIONAL ADVISORY BOARDS, DEFINED OFFICER POSITIONS, AND ESTABLISHED AN EXECUTIVE COMMITTEE COMPRISED OF BOARD OFFICERS. FORM 990, PART VI, SECTION A, LINE 8B WHILE COMMITTEES EXIST, THEY DO NOT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. A WRITTEN SUMMARY OF COMMITTEE ACTIVITIES IS PRESENTED AT BOARD MEETINGS, AND KEY MATTERS ARE VOTED UPON BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE SPECIALIST AND THE DIRECTOR OF FINANCE WORK JOINTLY TO EXECUTE THE FOUNDATION'S ACCOUNTING AND FINANCE FUNCTIONS. THE FINANCE SPECIALIST MAINTAINS SUPERVISORY OVERSIGHT OF THE ACCOUNTING AND FINANCE FUNCTIONS, AND THE DIRECTOR OF FINANCE OVERSEES THE DAY-TO-DAY ONGOING ACCOUNTING AND FINANCE FUNCTIONS AND COORDINATES THE ANNUAL AUDIT AND COMPLETION OF THE FEDERAL FORM 990 BY THE FOUNDATION'S OUTSIDE CPA FIRM, RAFFA, P.C. THE ACCOUNTING AND FINANCE RESPONSIBILITIES OF BOTH THE FINANCE SPECIALIST AND DIRECTOR OF FINANCE ARE DOCUMENTED IN THE EMPLOYMENT AGREEMENT AND JOB DESCRIPTION, RESPECTIVELY, KEPT IN THE PERSONNEL FILES. ONCE THE AUDIT IS COMPLETE, THE AUDIT STAFF OF RAFFA, P.C. PROVIDES AUDITED FINANCIAL DATA TO THE TAX DEPARTMENT AT RAFFA, P.C. WHO PREPARES A DRAFT COPY OF THE FEDERAL FORM 990. IN ADDITION, RAFFA, P.C. PREPARES A LIST OF ADDITIONAL INFORMATION REQUIRED FOR THE FEDERAL FORM 990, WHICH THE DIRECTOR OF FINANCE PROVIDES DIRECTLY TO THE TAX STAFF. A DRAFT COPY OF THE FEDERAL FORM 990 IS SENT TO THE DIRECTOR OF FINANCE FOR REVIEW. THE DIRECTOR OF FINANCE ENSURES THAT ALL FINANCIAL FIGURES INCLUDED ON THE FEDERAL FORM 990 CORRESPOND TO FINANCIAL DATA GIVEN TO THE AUDITORS AND REVIEWS THE ANSWERS TO THE NON-FINANCIAL QUESTIONS FOR PROPRIETY. ANY QUESTIONS IN REGARD TO THE AMOUNTS APPEARING ON THE FEDERAL FORM 990 ARE DISCUSSED WITH RAFFA, P.C. ANY NECESSARY CHANGES ARE MADE AND A REVISED DRAFT IS GENERATED BY RAFFA, P.C. AND SENT TO THE DIRECTOR OF FINANCE FOR SECONDARY REVIEW. ONCE THE REVISED DRAFT IS APPROVED BY THE DIRECTOR OF FINANCE, IT IS THEN REVIEWED IN DETAIL WITH THE FOUNDATION'S CHIEF EXECUTIVE OFFICER (CEO). THE DIRECTOR OF FINANCE POINTS OUT HOW THE TOTAL OF OPERATIONS AND STATEMENT OF FINANCIAL POSITION FROM THE AUDIT HAVE BEEN PROPERLY INCLUDED ON THE FEDERAL FORM 990. THE DIRECTOR OF FINANCE AND THE CEO THEN REVIEW THE FEDERAL FORM 990 ON A LINE BY LINE BASIS, ENSURING THAT THE ANSWERS TO THE NON-FINANCIAL QUESTIONS ARE INDEED ANSWERED APPROPRIATELY BASED UPON THE ORGANIZATION'S ACTIVITIES. AN ADDITIONAL REVIEW OF THE DRAFT FEDERAL FORM 990 IS PERFORMED BY THE BOARD-ESTABLISHED FINANCE COMMITTEE, WHICH CONSISTS OF THE BOARD CHAIR, THE BOARD TREASURER ,THE BOARD SECRETARY, THE CEO, THE FINANCE SPECIALIST, AND THE DIRECTOR OF FINANCE. ONCE THE FINANCE COMMITTEE'S APPROVAL IS OBTAINED, THE DRAFT IS PRESENTED TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL DURING A REGULARLY SCHEDULED MEETING. ONCE FINAL APPROVAL FROM THE BOARD OF DIRECTORS IS OBTAINED, RAFFA, P.C. IS NOTIFIED THAT THE FINAL FEDERAL FORM 990 CAN BE E-FILED. THE CEO PROVIDES RAFFA WITH SIGNED ELECTRONIC AUTHORIZATION TO FILE THE FINAL FEDERAL FORM 990. RAFFA THEN ELECTRONICALLY FILES THE FEDERAL FORM 990 WITH THE INTERNAL REVENUE SERVICE AND PROVIDES THE FOUNDATION WITH A FINAL PDF COPY OF THE FEDERAL FORM 990, WHICH IS KEPT FOR THE FOUNDATION'S OFFICE RECORDS. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY FOR BOARD MEMBERS IS PRESENTED FOR APPROVAL TO THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. AFTER APPROVAL, EACH MEMBER SIGNS THE ACKNOWLEDGEMENT AND RETURNS IT TO THE OFFICE OF THE CEO FOR RETENTION. ANY DISCLOSED CONFLICTS ARE BROUGHT TO THE ATTENTION OF THE BOARD CHAIRPERSON FOR RESOLUTION AND POTENTIAL DISCUSSION AT AN UPCOMING BOARD MEETING. INCOMING BOARD MEMBERS RECEIVE THIS POLICY AS PART OF A BOARD ORIENTATION PACKAGE AND ARE REQUIRED TO REVIEW AND SIGN THE POLICY. THE FOUNDATION'S CONFLICT OF INTEREST POLICY FOR EMPLOYEES IS INCLUDED IN THE EMPLOYEE CULTURE MANUAL. THE EMPLOYEE CULTURE MANUAL IS POSTED ON THE FOUNDATION'S SHARED NETWORK DRIVE. DURING A NEW EMPLOYEE'S ORIENTATION PERIOD, THE CHIEF ADMINISTRATIVE OFFICER REVIEWS INFORMATION CONTAINED IN THE EMPLOYEE CULTURE MANUAL WITH THE NEW EMPLOYEE. NEW EMPLOYEES ARE REQUIRED TO READ THE EMPLOYEE MANUAL AND SIGN AN ACKNOWLEDGMENT THAT THEY HAVE READ AND UNDERSTOOD POLICIES OUTLINED IN THE EMPLOYEE CULTURE MANUAL. ON AN ANNUAL BASIS, THE CEO ASKS THAT ALL EMPLOYEES UPDATE THE EMPLOYEE CULTURE MANUAL ACKNOWLEDGEMENT FORM TO ENSURE THAT ANY CHANGES TO THE MANUAL HAVE BEEN PROPERLY DISSEMINATED TO STAFF. ON AN ANNUAL BASIS, THE FOUNDATION CONDUCTS A STAFF RETREAT AWAY FROM THE OFFICE. ONE OF MANY TOPICS COVERED DURING THE RETREAT IS THE HIGH EXPECTATION FOR PROFESSIONAL CONDUCT FOR ALL STAFF. INTEGRAL TO THE FOUNDATION'S SUCCESS IS THE ARDENT FOLLOWING OF THE FOUNDATION'S CORE VALUES. THE FOUNDATION'S CORE VALUES ARE DEFINED IN THE EMPLOYEE CULTURE MANUAL AND ARE VISIBLY POSTED AROUND THE FOUNDATION'S OFFICES. ONE OF THESE CORE VALUES IS "DEDICATION TO MISSION AND RESULTS FROM MISSION" WHICH IS DEFINED AS "MAKING DECISIONS BASED UPON THE MISSION AND VISION." ON AN ANNUAL BASIS, ALL EMPLOYEES RECEIVE A PERFORMANCE REVIEW. AS PART OF THIS REVIEW, ALL STAFF ARE SUBJECT TO A 360 DEGREE EVALUATION WHEREBY THEIR PERFORMANCE IS RATED BY OTHER STAFF MEMBERS. A SECTION OF THIS 360 EVALUATION IS DIRECTED AT DETERMINING HOW WELL AN EMPLOYEE'S CONDUCT SUPPORTS THE CORE VALUES OF THE ORGANIZATION AND HOW WELL A STAFF MEMBER CONDUCTS HIMSELF/HERSELF IN A PROFESSIONAL-LIKE MANNER. WHEN AN EMPLOYEE LEAVES THE FOUNDATION, THE CEO CONDUCTS AN EXIT INTERVIEW WITH THE STAFF EMPHASIZING THEIR RESPONSIBILITIES TO REPRESENT THE FOUNDATION IN A PROFESSIONAL MANNER AND THAT ALL THE FOUNDATION PROPERTY THAT WAS IN THEIR USE MUST REMAIN AT THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 15 ON AN ANNUAL BASIS, THE CEO PERFORMS A LANDSCAPE REVIEW OF COMPENSATION FOR KEY MANAGERS AND PERSONNEL OF THE FOUNDATION. THE CEO COMMUNICATES VIA EMAIL TO OTHER NON-PROFIT ORGANIZATIONS OF SIMILAR MISSION, STAFF, AND BUDGET SIZE TO INQUIRE ON COMPENSATION LEVELS OF KEY EMPLOYEES. THE CEO PRESENTS THE INFORMATION GATHERED TO THE BOARD CHAIR TO APPROVE EXISTING COMPENSATION RANGES OR, IF WARRANTED, TO APPROVE AN INCREASE FOR EACH LEVEL OF STAFF. FOR THE CEO'S COMPENSATION, THE BOARD CHAIR, MARY ZIENTS, CONDUCTS A COMPARATIVE STUDY OF COMPENSATION RATES OF OTHER AREA NON-PROFIT EXECUTIVE DIRECTORS AND CEOS. MS. ZIENTS PRESENTS HER FINDINGS TO THE BOARD TREASURER, AND THEY DETERMINE THE COMPENSATION LEVEL FOR THE CEO BASED UPON JOB RESPONSIBILITIES, PROGRESS TOWARD ORGANIZATIONAL WIDE GOALS, AND MARKET COMPARABLE SALARIES. THIS INFORMATION IS RELAYED TO THE CEO IN WRITING DURING AN ANNUAL PERFORMANCE REVIEW. MS. ZIENTS HAS READY ACCESS TO COMPARABLE SALARY DATA AS SHE HAS SERVED AS A MEMBER OF THE BOARD OF DIRECTORS FOR THREE NON-PROFIT ORGANIZATIONS, SERVED AS THE CHAIR OF THE PRESIDENT'S COMMISSION ON WHITE HOUSE FELLOWS, SERVED AS THE CHAIR OF THE FUND RAISING COMMITTEE OF THE NELSON MANDELA CHILDREN'S FUND USA, CO-OPERATED HER OWN FAMILY FOUNDATION, AND IS DEEPLY INVOLVED IN THE PHILANTHROPIC COMMUNITY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION DOES NOT PUBLICLY POST GOVERNING DOCUMENTS OR THE CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY IS INCORPORATED INTO THE EMPLOYEE MANUAL WHICH IS POSTED INTERNALLY ON THE FOUNDATION'S SHARED NETWORK DRIVE. AS PART OF THE GRANT WRITING PROCESS, POTENTIAL FUNDERS MAY REQUEST ADDITIONAL INFORMATION FROM THE FOUNDATION. AFTER APPROVAL OF THE CEO, THE FOUNDATION PROVIDES REQUESTED DOCUMENTATION SUCH AS AN IRS DETERMINATION LETTER, AUDITED FINANCIAL STATEMENTS, FEDERAL FORMS 990, ETC. TO A REQUESTING FUNDER. THE FOUNDATION POSTS ITS LATEST AUDITED FINANCIAL STATEMENTS AND FEDERAL FORM 990 TO ITS WEBSITE. THE FOUNDATION POSTS AN ANNUAL REPORT TO ITS WEBSITE. THIS REPORT INCLUDES CONDENSED INFORMATION FROM THE AUDITED FINANCIAL STATEMENTS.