| ORGANIZATION'S MISSION |
FORM 990, PART III, LINE 1 (CONT'D): THROUGH OUR DEEP KNOWLEDGE OF THE REGION AND PRUDENT FINANCIAL MANAGEMENT, WE PROVIDE AN EFFECTIVE AND EFFICIENT MEANS FOR CHARITABLE DOLLARS TO REACH THE PEOPLE AND ORGANIZATIONS THAT NEED THEM. WE ARE A COMMUNITY OF GIVERS WHO WANT TO MAKE A DIFFERENCE IN THE GREATER WASHINGTON REGION AND BEYOND. |
| PROGRAM SERVICE |
FORM 990, PART III, LINE 4B (CONT'D): THE DC METROPOLITAN REGION DURING THE CURRENT ECONOMIC CRISIS. THE FUND PROVIDES GRANT SUPPORT TO NONPROFIT ORGANIZATIONS PROVIDING DIRECT SERVICES FOR FOOD, SHELTER, CLOTHING, EMERGENCY FINANCIAL ASSISTANCE AND FORECLOSURE PREVENTION AND GROUPS WORKING TO IMPROVE THE SAFETY NET INFRASTRUCTURE. COLLABORATIVE FOR EDUCATION ORGANIZING IS A PARTNERSHIP OF 12 LOCAL AND NATIONAL FUNDERS FOCUSED ON ACHIEVING SYSTEM-WIDE REFORM IN PUBLIC AND CHARTER SCHOOLS IN THE DISTRICT OF COLUMBIA. THE GREATER WASHINGTON WORKFORCE DEVELOPMENT COLLABORATIVE IS A COALITION OF 14 LOCAL AND NATIONAL GRANT MAKERS FOCUSED ON HELPING LOW-INCOME ADULTS THROUGHOUT THE GREATER WASHINGTON REGION OBTAIN AND RETAIN JOBS THAT PROVIDE GOOD WAGES, BENEFITS AND OPPORTUNITIES FOR ADVANCEMENT THROUGH SUPPORT OF JOB TRAINING INITIATIVES. PARTNERSHIP FOR EQUITY IS A PUBLIC/PRIVATE PARTNERSHIP THAT SEEKS TO BUILD A CAPACITY OF LEADERS AND ORGANIZATIONS WORKING ON SOCIAL JUSTICE ISSUES IN THE DC REGION. |
| ELECTION OF GOVERNING BODY |
FORM 990, PART VI, SECTION A, LINE 7A: GOVERNANCE COMMITTEE SOLICITS NAME OF POTENTIAL BOARD MEMBERS - POTENTIAL BOARD MEMBERS ARE INTERVIEWED BY THE GOVERNANCE COMMITTEE. AFTER ALL POTENTIAL NOMINATIONS HAVE BEEN INTERVIEWED, SLATE CONTAINING THE NAMES OF POTENTIAL NEW BOARD MEMBERS IS PRESENTED TO THE BOARD FOR A VOTE. |
| FORM 990 REVIEW PROCESS |
FORM 990, PART VI, SECTION B, LINE 11B: A DRAFT OF THE FORM 990 IS DISTRIBUTED TO THE BUDGET AND FINANCE COMMITTEE FOR AN IN-DEPTH REVIEW. THE BUDGET AND FINANCE COMMITTEE REPORTS TO THE FULL BOARD OF TRUSTEES THE RESULTS OF ITS REVIEW. A FULL COPY OF THE TAX RETURN IS AVAILABLE TO ALL TRUSTEES UPON REQUEST. UPON APPROVAL BY THE BUDGET AND FINANCE COMMITTEE THE TAX RETURN IS SIGNED BY THE CFO AND FILED WITH THE SERVICE AND WITH MARYLAND AND VIRGINIA. |
| CONFLICTS OF INTEREST |
FORM 990, PART VI, SECTION B, LINE 12C: ALL BOARD MEMBERS AND STAFF SIGN A CODE OF CONDUCT ANNUALLY THAT REQUIRES THEM TO DISCLOSE ANY RELATIONSHIPS THEY (OR IMMEDIATE FAMILY MEMBERS) MAY HAVE WITH AN ORGANIZATION THAT COULD POTENTIALLY BENEFIT FROM ITS RELATIONSHIP WITH THE FOUNDATION, EITHER THROUGH A GRANT OR BUSINESS ARRANGEMENT. TRUSTEES ARE REQUIRED TO REMOVE THEMSELVES FROM ANY DECISION-MAKING PROCESS (SUCH AS VOTING) WHERE THE ORGANIZATION IN QUESTION IS BEING CONSIDERED. STAFF ARE REQUIRED TO REMOVE THEMSELVES FROM ANY PROCESS INVOLVING AN ORGANIZATION WITH WHICH THEY HAVE A RELATIONSHIP (SUCH AS BOARD MEMBERSHIP) WHERE THE PROCESS COULD LEAD TO A GRANT OR SOME OTHER TYPE OF FINANCIAL SUPPORT FOR SUCH ORGANIZATION. |
| DETERMINING COMPENSATION |
FORM 990, PART VI, SECTION B, LINE 15: ALL EMPLOYEES AND OFFICERS HAVE AN ANNUAL PERFORMANCE EVALUATION. ALL EMPLOYEES AND OFFICER COMPENSATION, EXCEPT FOR THE PRESIDENT, IS DETERMINED BY THE PRESIDENT. THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD. GUIDANCE FOR COMPENSATION RANGES FOR ALL STAFF AND OFFICERS IS, IN PART, OBTAINED FROM THE COUNCIL ON FOUNDATIONS ANNUAL SALARY AND BENEFIT STUDY WHICH COLLECTS SALARY AND BENEFIT INFORMATION FROM ITS MEMBERSHIP, BY TYPE OF FOUNDATION, ASSET SIZE, AND JOB DESCRIPTION. |
| AVAILABILITY OF OTHER DOCUMENTS |
FORM 990, PART VI, SECTION C, LINE 19: THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST DOCUMENTS ARE AVAILABLE UPON REQUEST. AUDIT REPORTS ARE AVAILABLE ON THE GREATER WASHINGTON COMMUNITY FOUNDATION WEBSITE. |
| OTHER CHANGES IN NET ASSETS/FUND BALANCE |
FORM 990, PART XI, LINE 9: GRANT REFUNDS: $75,886 STEINBERG DECONSOLIDATION: $74,076 CHANGE IN VALUE OF REAL ESTATE INVESTMENT: $39,620 CHANGE IN VALUE OF CHARITABLE REMAINDER TRUSTS RECEIVABLE: $3,198 TOTAL: $192,780 |
Attach to Form 990 or 990-EZ.