TY 2014 Form 990 Schedule O

efile Public Visual Render ObjectId: 201610699349300631 - Submission: 2016-03-09 TIN: 81-0615887

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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Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

FOUNDATION FOR STUDENTS RISING ABOVE
DBA STUDENTS RISING ABOVE

Employer identification number

81-0615887

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 1	THE EXECUTIVE COMMITTEE DOES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THE COMMITTEE INCLUDES FOLLOWING OFFICERS AND DIRECTORS: 1)JOHN DISERENS, CHAIRPERSON; 2) PAM ADAMS, TREASURER; 3) ANDY LAVELLE, CORPORATE SECRETARY; 4) LOIS COLE, PAST CHAIR; 5) GAIL LOPES, STRATEGIC PLANNING CHAIR; 5) SUSAN KAY, VICE CHAIR.
FORM 990, PART VI, SECTION B, LINE 11	THE FORM 990 IS REVIEWED BY SENIOR MANAGEMENT, THE BOARD TREASURER AND THE BOARD CHAIR. A COPY IS SENT TO ALL MEMBERS OF THE BOARD.
FORM 990, PART VI, SECTION B, LINE 12C	ANNUALLY, OFFICERS AND DIRECTORS ARE REQUIRED TO REVIEW AND SIGN A DETAILED "STATEMENT OF INTERESTED TRANSACTIONS AND RELATIONSHIPS AND DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AS DEFINED IN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. THESE STATEMENTS ARE REVIEWED BY BOARD LEADERSHIP AND SENIOR MANAGEMENT FOR ACCURACY AND ANY POTENTIAL INTERESTED TRANSACTIONS. IF A TRANSACTION POSES A POTENTIAL "CONFLICT OF INTEREST" UNDER SRA BOARD POLICIES, THE EXECUTIVE COMMITTEE SHALL REVIEW THE TRANSACTION AND APPROVE OR DISAPPROVE ITS CONSUMMATION AS PROVIDED BY THE POLICY.
FORM 990, PART VI, SECTION B, LINE 15	ANNUALLY, THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. COMPARABLE SURVEY DATA PROVIDED FROM AN INDEPENDENT THIRD PARTY RESEARCH FIRM IS USED TO REVIEW THE COMPENSATION LEVELS OF SIMILARLY QUALIFIED INDIVIDUALS FROM COMPARABLE ORGANIZATIONS. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION AGREEMENT IS MAINTAINED. THE EXECUTIVE COMMITTEE ALSO APPROVES THE RECOMMENDATION FROM THE EXECUTIVE DIRECTOR REGARDING THE COMPENSATION OF THE DIRECTOR OF STUDENT PROGRAMS. DATA FROM AN INDEPENDENT RESEARCH FIRM IS USED TO GUIDE THE COMPENSATION DETERMINATION FOR THE DIRECTOR OF STUDENT PROGRAMS.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC. REQUESTS FOR SUCH INFORMATION CAN BE MADE ONLINE THROUGH THE ORGANIZATION'S WEBSITE OR BY MAIL.
FORM 990, PART XII, LINE 2C	MEMBERS OF THE BOARD SELECT AN INDEPENDENT CPA FIRM TO CONDUCT THE AUDIT. THERE WAS NO CHANGE IN THE SELECTION PROCESS THIS YEAR.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 1

THE EXECUTIVE COMMITTEE DOES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THE COMMITTEE INCLUDES FOLLOWING OFFICERS AND DIRECTORS: 1)JOHN DISERENS, CHAIRPERSON; 2) PAM ADAMS, TREASURER; 3) ANDY LAVELLE, CORPORATE SECRETARY; 4) LOIS COLE, PAST CHAIR; 5) GAIL LOPES, STRATEGIC PLANNING CHAIR; 5) SUSAN KAY, VICE CHAIR.

FORM 990, PART VI, SECTION B, LINE 11

THE FORM 990 IS REVIEWED BY SENIOR MANAGEMENT, THE BOARD TREASURER AND THE BOARD CHAIR. A COPY IS SENT TO ALL MEMBERS OF THE BOARD.

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

ANNUALLY, OFFICERS AND DIRECTORS ARE REQUIRED TO REVIEW AND SIGN A DETAILED "STATEMENT OF INTERESTED TRANSACTIONS AND RELATIONSHIPS AND DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AS DEFINED IN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. THESE STATEMENTS ARE REVIEWED BY BOARD LEADERSHIP AND SENIOR MANAGEMENT FOR ACCURACY AND ANY POTENTIAL INTERESTED TRANSACTIONS. IF A TRANSACTION POSES A POTENTIAL "CONFLICT OF INTEREST" UNDER SRA BOARD POLICIES, THE EXECUTIVE COMMITTEE SHALL REVIEW THE TRANSACTION AND APPROVE OR DISAPPROVE ITS CONSUMMATION AS PROVIDED BY THE POLICY.

FORM 990, PART VI, SECTION B, LINE 15

ANNUALLY, THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. COMPARABLE SURVEY DATA PROVIDED FROM AN INDEPENDENT THIRD PARTY RESEARCH FIRM IS USED TO REVIEW THE COMPENSATION LEVELS OF SIMILARLY QUALIFIED INDIVIDUALS FROM COMPARABLE ORGANIZATIONS. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION AGREEMENT IS MAINTAINED. THE EXECUTIVE COMMITTEE ALSO APPROVES THE RECOMMENDATION FROM THE EXECUTIVE DIRECTOR REGARDING THE COMPENSATION OF THE DIRECTOR OF STUDENT PROGRAMS. DATA FROM AN INDEPENDENT RESEARCH FIRM IS USED TO GUIDE THE COMPENSATION DETERMINATION FOR THE DIRECTOR OF STUDENT PROGRAMS.

FORM 990, PART VI, SECTION C, LINE 19

GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC. REQUESTS FOR SUCH INFORMATION CAN BE MADE ONLINE THROUGH THE ORGANIZATION'S WEBSITE OR BY MAIL.

FORM 990, PART XII, LINE 2C

MEMBERS OF THE BOARD SELECT AN INDEPENDENT CPA FIRM TO CONDUCT THE AUDIT. THERE WAS NO CHANGE IN THE SELECTION PROCESS THIS YEAR.

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2014

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