Return Reference | Explanation |
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Form 990, Part VI, Line 11b: Form 990 Review Process | Zeta Tau Alpha Foundation, Inc.'s Form 990 and all related schedules, statements and attachments are reviewed and approved by the Board President and appropriate representative(s) from the Board of Director's Executive Committee prior to finalizing and filing these tax returns with the Internal Revenue Service. |
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | Zeta Tau Alpha Foundation Inc. periodically distributes conflict of interest questionnaires to each officer and member of the Board of Directors. The questionnaires include statements regarding other employment, being related to anyone on the board and other items that may create an appearence of a potential independence issue. The identification, evaluation and resolution of those issues are discussed with the appropriate level of management or members of the Board of Directors. |
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | The Board of Directors and Officers of Zeta Tau Alpha Foundation Inc. (Foundation) are not compensated and serve on a voluntary basis. However, if the Foundation had employees and compensated its Officers, then the foundation's Board of Directors will determine and set all staffing compensation rates after a thorough review of all related issues, consultation with independent persons, review of comparable data and deliberation. |
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Zeta Tau Alpha Foundation makes its governing documents, conflict of interest policy and financial statements, as applicable, available to the public upon written request made to the attention of our President and received at our corporate office address as well as on another's web site. |
Form 990, Part V, Line 2a-W3 Employees | Zeta Tau Alpha Foundation, Inc. (Foundation) has no employees. Its staffing requirements are provided by Zeta Tau Alpha Fraternity Inc. (Fraternity), a related tax exempt section 501(c)(7) organization. The Foundation's Board of Directors approve all staffing compensation rates to be reimbursed to the Fraternity for its staffing costs after a thorough review of all related issues, consultation with independent persons, review of comparable data and deliberation. The staffing expenditures are reported in the Functional Expenses appropriate line item as salaries, payroll taxes and benefits. |
Software ID: | 13000170 |
Software Version: | 2013v4.0 |