TY 2021 Form 990 Schedule O

Instrumentl eFile RenderObject ID: 202232779349300833 - Rendered 2024-05-02 TIN: 58-6012629

SCHEDULE O
(Form 990)

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

2021

Open to Public
Inspection

Name of the organization

Lettie Pate Whitehead Foundation Inc

Employer identification number

58-6012629

Return Reference	Explanation
Form 990, Part V, Line 2b:	The organization participates in a common office arrangement with five other charitable organizations. All employees are paid by a common paymaster that remits all payroll taxes and files the associated W-2s. Each organization reimburses the common paymaster for its proportionate share of administrative expenses. Fourteen individuals were employed during the calendar year.
Form 990, Part VI, Section B, line 11b	The Form 990 is prepared with audited financial data which has been reviewed by the governing board. Internal accounting staff prepare the 990 with the aid of preparation software. Accounting team members individually review the 990 according to a checklist. Numbers are verified against audited financial statements. The 990 is then reviewed by the Controller, Assistant Controller, Treasurer, Vice President/Secretary and President. A draft of the 990 is provided to all governing board members prior to filing.
Form 990, Part VI, Section B, line 12c	Officers and trustees disclose annually those affiliations which may give rise to a conflict of interest. The Secretary keeps conflict disclosures on file. Each grant application is checked against the full conflicts list. Trustees consider conflicts or potential conflicts before making grant determinations. Disclosure is made on the record. Officers consult the list of conflicts or potential conflicts when making vendor decisions.
Form 990, Part VI, Section B, line 15	The governing board determines compensation for all officers (including the President, Vice President/Secretary and Treasurer) and all staff. In setting compensation, trustees consult two independent compensation studies showing compensation data at comparable organizations. Individual compensation amounts are evaluated and determined annually as part of the budgeting process conducted at the board's November meeting; 2021 compensation was determined during the November 2020 board meeting.
Form 990, Part VI, Section C, line 19	The organization's governing documents and audited financial statements are available on the organization's website. The conflict of interest policy is kept by the organization's Secretary and is made available upon request.
Form 990, Part XI, line 9:	Pass-through income from Schedules K-1 990,881.

Return Reference

Explanation

Form 990, Part V, Line 2b:

The organization participates in a common office arrangement with five other charitable organizations. All employees are paid by a common paymaster that remits all payroll taxes and files the associated W-2s. Each organization reimburses the common paymaster for its proportionate share of administrative expenses. Fourteen individuals were employed during the calendar year.

Form 990, Part VI, Section B, line 11b

The Form 990 is prepared with audited financial data which has been reviewed by the governing board. Internal accounting staff prepare the 990 with the aid of preparation software. Accounting team members individually review the 990 according to a checklist. Numbers are verified against audited financial statements. The 990 is then reviewed by the Controller, Assistant Controller, Treasurer, Vice President/Secretary and President. A draft of the 990 is provided to all governing board members prior to filing.

Form 990, Part VI, Section B, line 12c

Officers and trustees disclose annually those affiliations which may give rise to a conflict of interest. The Secretary keeps conflict disclosures on file. Each grant application is checked against the full conflicts list. Trustees consider conflicts or potential conflicts before making grant determinations. Disclosure is made on the record. Officers consult the list of conflicts or potential conflicts when making vendor decisions.

Form 990, Part VI, Section B, line 15

The governing board determines compensation for all officers (including the President, Vice President/Secretary and Treasurer) and all staff. In setting compensation, trustees consult two independent compensation studies showing compensation data at comparable organizations. Individual compensation amounts are evaluated and determined annually as part of the budgeting process conducted at the board's November meeting; 2021 compensation was determined during the November 2020 board meeting.

Form 990, Part VI, Section C, line 19

The organization's governing documents and audited financial statements are available on the organization's website. The conflict of interest policy is kept by the organization's Secretary and is made available upon request.

Form 990, Part XI, line 9:

Pass-through income from Schedules K-1 990,881.

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

Cat. No. 51056K

Schedule O (Form 990) 2021

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