TY 2021 Form 990 Schedule O

efile Public Visual Render ObjectId: 202213199349313141 - Submission: 2022-11-15 TIN: 72-1505381

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

INTERNATIONAL DOMINICAN FOUNDATION

Employer identification number

72-1505381

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS SENT TO ALL BOARD MEMBERS IN ADVANCE OF THE ANNUAL MEETING. IT IS REVIEWED AND APPROVED EVERY YEAR AT THE BOARD OF DIRECTORS ANNUAL MEETING.
FORM 990, PART VI, SECTION B, LINE 12C	BOARD MEMBERS ARE REQUIRED TO SUBMIT AN ANNUAL SIGNED STATEMENT OF COMPLIANCE WITH THE FOUNDATION'S CONFLICT OF INTEREST POLICY. THESE STATEMENTS ARE REVIEWED AT THE ANNUAL BOARD MEETING TO ENSURE THERE IS NO CONFLICT OF INTEREST BETWEEN THE BOARD MEMBERS AND THE FOUNDATION.
FORM 990, PART VI, SECTION B, LINE 15	THE PROCESS FOR DETERMINING EXECUTIVE COMPENSATION INCLUDES ALL OF THESE ELEMENTS: (1) THE ANNUAL REVIEW AND APPROVAL OF COMPENSATION BY THE FINANCE COMMITTEE THROUGH THE BUDGET PROCESS, (2) RATIFICATION OF THE APPROVAL BY THE BOARD OF DIRECTORS, AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING OF THE DELIBERATION AND DECISION. THE BOARD MAY FACTOR INTO THE COMPENSATION EQUATION THE RESULTS OF THE ANNUAL EVALUATIONS OF THE EXECUTIVE. THE BOARD OF DIRECTORS MAY BASE ITS REASONING AND BASIS OF ANY EXECUTIVE COMPENSATION DECISIONS ON THE REPORTS OF PROFESSIONALS. THE PROFESSIONAL REPORTS MAY INCLUDE DESCRIPTION AND SUMMARIES OF THE SALARY COMPENSATION INFORMATION USED TO FORM THE CONCLUSIONS ON THE REPORT AND ADDRESS THE FACTORS OF LIKE SERVICES AND ENTERPRISES. EXECUTIVES OF THE ORGANIZATION INCLUDE THE PRESIDENT/CEO, EXECUTIVE DIRECTOR, CHIEF FINANCIAL OFFICER (CFO), KEY EMPLOYEES, AND TOP MANAGMENT OFFICERS. THE FOUNDATION USES THE SAME COMPENSATION PROCEDURES TO DETERMINE THE COMPENSATION OF ITS TOP MANAGEMENT OFFICIALS, OTHER OFFICERS, AND KEY EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19	ALL INFORMATION IS AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C:	THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Return Reference

Explanation

FORM 990, PART VI, SECTION B, LINE 11B

THE FORM 990 IS SENT TO ALL BOARD MEMBERS IN ADVANCE OF THE ANNUAL MEETING. IT IS REVIEWED AND APPROVED EVERY YEAR AT THE BOARD OF DIRECTORS ANNUAL MEETING.

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

BOARD MEMBERS ARE REQUIRED TO SUBMIT AN ANNUAL SIGNED STATEMENT OF COMPLIANCE WITH THE FOUNDATION'S CONFLICT OF INTEREST POLICY. THESE STATEMENTS ARE REVIEWED AT THE ANNUAL BOARD MEETING TO ENSURE THERE IS NO CONFLICT OF INTEREST BETWEEN THE BOARD MEMBERS AND THE FOUNDATION.

FORM 990, PART VI, SECTION B, LINE 15

THE PROCESS FOR DETERMINING EXECUTIVE COMPENSATION INCLUDES ALL OF THESE ELEMENTS: (1) THE ANNUAL REVIEW AND APPROVAL OF COMPENSATION BY THE FINANCE COMMITTEE THROUGH THE BUDGET PROCESS, (2) RATIFICATION OF THE APPROVAL BY THE BOARD OF DIRECTORS, AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING OF THE DELIBERATION AND DECISION. THE BOARD MAY FACTOR INTO THE COMPENSATION EQUATION THE RESULTS OF THE ANNUAL EVALUATIONS OF THE EXECUTIVE. THE BOARD OF DIRECTORS MAY BASE ITS REASONING AND BASIS OF ANY EXECUTIVE COMPENSATION DECISIONS ON THE REPORTS OF PROFESSIONALS. THE PROFESSIONAL REPORTS MAY INCLUDE DESCRIPTION AND SUMMARIES OF THE SALARY COMPENSATION INFORMATION USED TO FORM THE CONCLUSIONS ON THE REPORT AND ADDRESS THE FACTORS OF LIKE SERVICES AND ENTERPRISES. EXECUTIVES OF THE ORGANIZATION INCLUDE THE PRESIDENT/CEO, EXECUTIVE DIRECTOR, CHIEF FINANCIAL OFFICER (CFO), KEY EMPLOYEES, AND TOP MANAGMENT OFFICERS. THE FOUNDATION USES THE SAME COMPENSATION PROCEDURES TO DETERMINE THE COMPENSATION OF ITS TOP MANAGEMENT OFFICIALS, OTHER OFFICERS, AND KEY EMPLOYEES.

FORM 990, PART VI, SECTION C, LINE 19

ALL INFORMATION IS AVAILABLE UPON REQUEST.

FORM 990, PART XII, LINE 2C:

THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

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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