| Form 990, Part VI, Section B, line 11b |
A draft of form 990 is prepared by the Finance Department and reviewed by the CFO. Copies are then sent to Mitchell & Titus LLP for their review and comments. Once this is done, the Board of Directors receives a copy of the 990. The final draft is then filed. |
| Form 990, Part VI, Section B, line 12c |
The Conflict of Interest Policy provides that the Board members and Officers complete a questionnaire and forward the completed document to the Office of the Chief Operating Officer(COO). The COO reviews the completed questionnaires for completeness, responsiveness and potential conflicts of interest. If necessary, the COO seeks the advice and counsel of the General Counsel with respect to further steps necessary to apprise the Board of potential conflicts of interest appearing on the questionnaires. In the event of recognized conflicts of interest, the President contacts the involved board member to assure his or her compliance with recusal requirements prior to any action affected by such conflict of interest. The LDF By-laws reserve authority for the Board to review the questionnaires annually. |
| Form 990, Part VI, Section B, line 15a |
LDF By-laws permit payment of reasonable compensation for services rendered by officers and employees of the corporation. Pursuant to this authority, the Board created a Compensation Committee with the express purpose to review, on behalf of the Board, the compensation of the President & Director-Counsel (CEO). The Compensation Committee retained independent experts to prepare a formal study and recommendation of the reasonableness of the President's compensation. The report was received by the Committee and a determination was made that the study supported the reasonableness of the President's compensation. The Compensation Committee reported the results of the study and its determination to the Board in an executive session held in late 2012, with a quorum present. After discussion and consensus reached, the Board concurred with the recommendation and took informal action to express its favorable opinion of the compensation, without a vote. A copy of the independent study was mailed to all board members. |
| Form 990, Part VI, Section C, line 18 |
NAACP Legal Defense & Educational Fund, Inc. makes the 990 available on its website under the "About Us" tab. |
| Form 990, Part VI, Section C, line 19 |
LDF does not make its governance documents, conflict of interest policy and financial statements readily available upon request, but will do so based upon a discretionary determination by its CFO and/or General Counsel of the requesting individual's or entity's "need to know" such information. For example, upon request, financial statements are routinely made available to vendors, potential funders and entities with which LDF will have common business and/or public interest relationships requiring demonstration of the organization's sound fiscal status. |
| Form 990, Part XI, line 9: |
Changes for Pension Benefit other than net periodic pension cost -59939. |
| Form 990, Part XII, Line 2c: |
The Process has not changed from prior years. |
Attach to Form 990 or 990-EZ.