| FORM 990, PART I, LINE 6 |
VOLUNTEER APPRECIATION VOLUNTEERS, NUMBERING 104, PLAY A KEY ROLE AT THE COMMUNITY FOUNDATION FOR GREATER ATLANTA. SERVING THROUGH OUR BOARD LEADERSHIP AND THE SEVEN SUPPORTING COMMITTEES REPORTING TO THE BOARD, THESE VOLUNTEERS PROVIDE COUNSEL, INSIGHTS, EXPERTISE AND EXPERIENCE TO BETTER OUR WORK IN SERVICE TO OUR COMMUNITY. OUR VOLUNTEER GROUPS INCLUDE THE 21-PERSON BOARD OF DIRECTORS, WHO THEN ALSO SERVE AS MEMBERS OF THE BOARD'S VARIOUS COMMITTEES DRIVING STRATEGY THROUGH FOCUSED EFFORTS ON PHILANTHROPY, IMPACT INVESTING, COMMUNITY GRANTMAKING, ACCOUNTING AND FINANCE, GOVERNANCE, AND INVESTMENTS. IN ADDITION, COMMUNITY FOUNDATION STAFF SERVE AS VOLUNTEERS ON THE BOARDS OF OUR 8 SUPPORTING ORGANIZATIONS. |
| FORM 990, PART VI, SECTION A, LINE 1A |
GOVERNING BOARD'S AUTHORITY TO EXECUTIVE COMMITTEE THE DELEGATION OF AUTHORITY FROM THE BOARD TO THE EXECUTIVE COMMITTEE IS OUTLINED IN THE EXECUTIVE COMMITTEE'S CHARTER. THE COMMITTEE IS COMPOSED OF BOARD MEMBERS WHO HOLD THE POSITIONS OF BOARD CHAIR AND COMMITTEE CHAIR OF THE FOUNDATION'S EIGHT COMMITTEES: THE EXECUTIVE COMMITTEE, THE FINANCE AND AUDIT COMMITTEE, THE COMMUNITY COMMITTEE, THE INVESTMENT COMMITTEE, THE COINVESTMENT AND GROWTH COMMITTEE, IMPACT INVESTING COMMITTEE, THE GOVERNANCE COMMITTEE, AND THE HOUSING COMMITTEE. THE COMMITTEES EXIST TO COORDINATE THE OVERSIGHT OF THE STRATEGIC AND OPERATIONAL ISSUES OF THE FOUNDATION AND TO REPORT ON THE FINDINGS OF THEIR WORK TO THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B |
COPY OF RETURN PROVIDED TO GOVERNING BODY A COPY OF THE 990 WAS REVIEWED BY THE MEMBERS OF THE FINANCE AND AUDIT COMMITTEE, BOARD, AND RELEVANT FOUNDATION SENIOR MANAGEMENT. THE COMMITTEE WAS PROVIDED WITH A COPY OF THE RETURN IN ADVANCE OF THEIR NOVEMBER 1, 2022 MEETING. DURING THE MEETING THE RETURN WAS REVIEWED AND DISCUSSED BY BOTH THE FOUNDATION'S CFO AND THE MAULDIN & JENKINS, LLC TAX TEAM. THE BOARD OF DIRECTORS WAS FURNISHED A COPY OF THE FINAL FORM 990 PRIOR TO THEIR NOVEMBER 7, 2022 MEETING. |
| FORM 990, PART VI, SECTION B, LINE 12C |
CONFLICT OF INTEREST POLICY: A CONFLICT OF INTEREST STATEMENT WAS ADOPTED BY THE FOUNDATION AFTER REVIEW FOR COMPLETENESS BY THE FOUNDATION'S TEAM OF EXPERTS. ANNUALLY, EACH BOARD MEMBER AND OFFICER IS REQUIRED TO REVIEW AND FILE A CONFLICT OF INTEREST STATEMENT. THE STATEMENTS ARE REVIEWED BY THE PRESIDENT OF THE FOUNDATION AND THE CFO. AT EVERY BOARD MEETING, THE BOARD MEMBERS AND OFFICERS MUST DISCLOSE ANY CONFLICT OF INTEREST WITH RESPECT TO EACH ITEM DISCUSSED. THIS PROVIDES THEM AN OPPORTUNITY TO RECUSE THEMSELVES FROM THE VOTE. THE DISCLOSURE IS REFLECTED IN THE MINUTES OF THE MEETING. NEW STAFF, BOARD MEMBERS, BOARD COMMITTEE MEMBERS AND CONSULTANTS TO THE FOUNDATION RECEIVE THE POLICY WITH ORIENTATION MATERIALS. THEY COMPLETE THE FORM ACKNOWLEDGING THEIR AGREEMENT TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. THE POLICY IS REVIEWED ANNUALLY. IN ADDITION TO THE CONFLICT OF INTEREST POLICY, A THOROUGH QUESTIONNAIRE WAS SENT OUT TO ALL BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES SUBSEQUENT TO FISCAL YEAR 2021 TO CONFIRM THAT THERE WERE NO CONFLICTS. THIS QUESTIONNAIRE WAS REVIEWED BY THE FINANCE DEPARTMENT. PART VI, SECTION B, LINE 13 WHISTLEBLOWER/CONFIDENTIALITY POLICIES: THE FOUNDATION IS COMMITTED TO MAINTAINING THE HIGHEST STANDARD OF CONDUCT AND ETHICS. OUR FRAUDULENT OR DISHONEST CONDUCT AND WHISTLEBLOWER POLICY REFLECTS THIS COMMITMENT. THIS POLICY WAS FORMALLY ADOPTED IN JULY 2007. THE FOUNDATION EMPLOYS A CONFIDENTIAL SERVICE FOR WHICH EMPLOYEES MAY DIRECT CONCERNS IN A CONFIDENTIAL MANNER. USAGE REPORTS ARE AVAILABLE AT ANY TIME TO THE PRESIDENT AND BOARD CHAIR. REPORTS ARE REVIEWED BY THE FOUNDATION'S INDEPENDENT AUDITORS. |
| FORM 990, PART VI, SECTION B, LINE 15 |
COMPENSATION AND EVALUATION: ANNUALLY THERE ARE SELF-EVALUATIONS ON PERFORMANCE COMPLETED BY EACH STAFF MEMBER AND REVIEWED BY THEIR SUPERVISOR. SUPERVISORS COMPLETE A WRITTEN EVALUATION AND ASSIGN A PERFORMANCE RATING. THE PRESIDENT COMPLETES A SELF-EVALUATION THAT IS REVIEWED BY THE EXECUTIVE COMMITTEE WITH THE RESULTS COMMUNICATED BACK IN WRITING. THE INFORMATION IS USED FOR ANNUAL SALARY REVIEWS. THE CEO'S SALARY IS REVIEWED BY THE EXECUTIVE COMMITTEE AND ADOPTED BY THE BOARD. EVERY THREE YEARS A VERY THOROUGH COMPENSATION STUDY IS DONE BY AN INDEPENDENT FIRM USING RELEVANT COMPARABLES FOR EACH POSITION. THE STUDY, ALONG WITH OUR COMPENSATION POLICY, IS USED TO GUIDE ALL COMPENSATION DECISIONS. THE MOST RECENT COMPENSATION STUDY WAS CONDUCTED IN DECEMBER 2019. |
| FORM 990, PART VI, SECTION C, LINE 19 |
AVAILABILITY OF PUBLIC DOCUMENTS GOVERNING DOCUMENTS - AVAILABLE UPON REQUEST; CONFLICT OF INTEREST POLICY - AVAILABLE UPON REQUEST; AUDITED FINANCIAL STATEMENT - ON OUR WEBSITE; FORM 990 - ON OUR WEBSITE; FORM 990T - AVAILABLE UPON REQUEST; FORM 1023 - AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: |
SPLIT INTEREST AGREEMENT 633,596. BOOK TO TAX DIFFERENCE IN REVENUE RECOGNITION OF PPP LOAN FORGIVENESS -786,672. |
Attach to Form 990 or 990-EZ.