TY 2020 Form 990 Schedule O

Instrumentl eFile RenderObject ID: 202103199349306365 - Rendered 2024-05-03 TIN: 30-0108263

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization

GLOBALGIVING FOUNDATION INC

Employer identification number

30-0108263

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 2	MARI KURAISHI, DIRECTOR OF GLOBALGIVING FOUNDATION, IS THE SPOUSE OF DENNIS WHITTLE, SECRETARY AND DIRECTOR OF GLOBALGIVING FOUNDATION.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED AND APPROVED BY THE ORGANIZATION'S CHAIRMAN. BEFORE FILING THE COMPLETED 990, A COPY WAS SENT TO THE ENTIRE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 12C	ALL EMPLOYEES, OFFICERS, DIRECTORS AND TRUSTEES ARE REQUIRED TO EXECUTE A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. SUCH EXECUTION CONSTITUTES SIGNING A STATEMENT OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ANNUALLY. IF A CONFLICT ARISES, THE INTERESTED PERSON LEAVES THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15	WE PREVIOUSLY CARRIED OUT A REVIEW OF ALL STAFF UNDER THE LEADERSHIP OF THE BOARD DIRECTOR CHARGED WITH COMPENSATION REVIEW, WITH A COMPETITIVELY SELECTED OUTSIDE CONSULTANT. THE CONSULTANT CARRIED OUT A REVIEW OF ALL SALARIES AND OTHER COMPENSATION AGAINST COMPARABILITY DATA. THE REVIEW AND VARIOUS APPROACHES TO COMPENSATION STRATEGY WERE THEN DISCUSSED WITH THE BOARD OF DIRECTORS, AND SUBSEQUENTLY DISCUSSED WITH AND APPROVED BY THE WHOLE BOARD. THE DELIBERATION AND DECISION WAS DULY RECORDED IN THE MINUTES. THE STUDY CONTINUES TO BE REVIEWED AND UPDATED REGULARLY. THE LAST COMPENSATION REVIEW TOOK PLACE IN OCTOBER 2020.
FORM 990, PART VI, SECTION C, LINE 19	THE FINANCIAL STATEMENTS OF THE ORGANIZATION ARE POSTED ON THE ORGANIZATION'S WEB SITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 2

MARI KURAISHI, DIRECTOR OF GLOBALGIVING FOUNDATION, IS THE SPOUSE OF DENNIS WHITTLE, SECRETARY AND DIRECTOR OF GLOBALGIVING FOUNDATION.

FORM 990, PART VI, SECTION B, LINE 11B

THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED AND APPROVED BY THE ORGANIZATION'S CHAIRMAN. BEFORE FILING THE COMPLETED 990, A COPY WAS SENT TO THE ENTIRE BOARD OF DIRECTORS.

FORM 990, PART VI, SECTION B, LINE 12C

ALL EMPLOYEES, OFFICERS, DIRECTORS AND TRUSTEES ARE REQUIRED TO EXECUTE A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. SUCH EXECUTION CONSTITUTES SIGNING A STATEMENT OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ANNUALLY. IF A CONFLICT ARISES, THE INTERESTED PERSON LEAVES THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST.

FORM 990, PART VI, SECTION B, LINE 15

WE PREVIOUSLY CARRIED OUT A REVIEW OF ALL STAFF UNDER THE LEADERSHIP OF THE BOARD DIRECTOR CHARGED WITH COMPENSATION REVIEW, WITH A COMPETITIVELY SELECTED OUTSIDE CONSULTANT. THE CONSULTANT CARRIED OUT A REVIEW OF ALL SALARIES AND OTHER COMPENSATION AGAINST COMPARABILITY DATA. THE REVIEW AND VARIOUS APPROACHES TO COMPENSATION STRATEGY WERE THEN DISCUSSED WITH THE BOARD OF DIRECTORS, AND SUBSEQUENTLY DISCUSSED WITH AND APPROVED BY THE WHOLE BOARD. THE DELIBERATION AND DECISION WAS DULY RECORDED IN THE MINUTES. THE STUDY CONTINUES TO BE REVIEWED AND UPDATED REGULARLY. THE LAST COMPENSATION REVIEW TOOK PLACE IN OCTOBER 2020.

FORM 990, PART VI, SECTION C, LINE 19

THE FINANCIAL STATEMENTS OF THE ORGANIZATION ARE POSTED ON THE ORGANIZATION'S WEB SITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2020

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