Return Reference | Explanation |
---|---|
FORM 990, PART VI, SECTION B, LINE 11B | THE INDEPENDENT ACCOUNTING FIRM CONDUCTING THE AUDIT WILL PREPARE THE FORM 990 BASED ON THE AUDIT WORKPAPERS AND ADDITIONAL SCHEDULES PROVIDED BY SFCF STAFF. THE INDEPENDENT ACCOUNTING FIRM WILL REVIEW THE LINE ITEMS OF THE FORM 990 WITH THE FINANCE COMMITTEE TO APPROVE THE 990. UPON APPROVAL OF THE FINANCE COMMITTEE, THE FORM 990 WILL BE FILED WITH THE INTERNAL REVENUE SERVICE AND THE STATE OF NEW MEXICO. A PUBLIC INSPECTION COPY OF THE RETURN IS PROVIDED TO EACH BOARD MEMBER. |
FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS AVAILABLE AT THE SANTA FE COMMUNITY FOUNDATION OFFICE. ALL NEW BOARD MEMBERS MUST SIGN OFF ON RECEIPT OF THE POLICY. YEARLY, ALL BOARD MEMBERS AND KEY STAFF ARE TO COMPLETE THE QUESTIONNAIRE NOTED IN THE POLICY. THE GOVERNANCE COMMITTEE SERVES AS THE CONFLICTS COMMITTEE TO MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY. AFTER THE QUESTIONNAIRES ARE COMPLETED, THEY ARE REVIEWED BY THE VICE PRESIDENT OF FINANCE & OPERATIONS, THE PRESIDENT AND CEO, AND THE GOVERNANCE COMMITTEE. ANY ISSUES THAT ARISE ARE DISCUSSED WITH THE GOVERNANCE COMMITTEE. ANY ACTION TO BE TAKEN BY THE BOARD IS RECOMMENDED BY THE GOVERNANCE COMMITTEE. DUTY TO ABSTAIN: NO DIRECTOR SHALL VOTE ON ANY MATTER IN WHICH HE OR SHE HAS A MATERIAL AND DIRECT FINANCIAL INTEREST. DIRECTOR ABSTAINS AND THIS IS NOTED IN THE MINUTES. |
FORM 990, PART VI, SECTION B, LINE 15A | THE SANTA FE COMMUNITY FOUNDATION INDEPENDENT BOARD OF DIRECTORS APPROVES THE COMPENSATION ARRANGEMENTS FOR THE PRESIDENT AND CEO. THIS PROCESS INCLUDES AN ANNUAL EVALUATION OF PERFORMANCE AND REVIEW OF COMPARABLE SALARIES PAID TO PERSONS IN COMPARABLE POSITIONS. THE ORGANIZATION MAINTAINS CONTEMPORANEOUS DOCUMENTATION OF THE DECISIONS. FOR 2020 SALARIES, THIS PROCESS WAS LAST COMPLETED IN DECEMBER 2019. LINE 15B: THE PRESIDENT & CEO APPROVES THE COMPENSATION ARRANGEMENTS FOR THE REMAINING STAFF MEMBERS OF THE SANTA FE COMMUNITY FOUNDATION WITHIN THE BUDGET ESTABLISHED BY THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS. THIS PROCESS INCLUDES AN ANNUAL EVALUATION OF PERFORMANCE AND REVIEW OF COMPARABLE SALARIES PAID TO PERSONS IN COMPARABLE POSITIONS. FOR 2020, THIS REVIEW OF COMPARABLE SALARIES WAS DONE FOR ALL POSITIONS. |
FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING/ORGANIZING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE SANTA FE COMMUNITY FOUNDATION OFFICE. THE CONFLICT OF INTEREST POLICY IS AVAILABLE AT THE SANTA FE COMMUNITY FOUNDATION OFFICE. ALL NEW BOARD MEMBERS MUST SIGN OFF ON RECEIPT OF THE POLICY. YEARLY, ALL BOARD MEMBERS MUST SIGN OFF ON THE RECEIPT OF THE POLICY. YEARLY, ALL BOARD MEMBERS AND KEY STAFF ARE TO COMPLETE THE QUESTIONNAIRE NOTED IN THE POLICY. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE AT THE SANTA FE COMMUNITY FOUNDATION OFFICE. THE AUDITED FINANCIAL STATEMENTS AND THE PUBLIC INSPECTION COPY OF THE FORM 990 ARE POSTED ON THE SANTA FE COMMUNITY FOUNDATION WEBSITE. |
FORM 990, PART XI, LINE 9: | CHANGE IN SPLIT INTEREST AGREEMENTS -4,401. BOOK TAX DIFFERENCE AGENCY FUND ADJUSTMENT -69,686. |
Software ID: | |
Software Version: |