TY 2021 Form 990 Schedule O

efile Public Visual Render ObjectId: 202242919349300624 - Submission: 2022-10-18 TIN: 04-3196447

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

MAHARISHI FOUNDATION USA INC

Employer identification number

04-3196447

Return Reference	Explanation
FORM 990 PART VI LINE 11B	Please describe the procedures which you have in place to ensure that the Board of Directors (or a portion thereof) reviews the organization's Form 990 before it is filed with the Internal Revenue Service: The Finance Committee of the organization reviews a draft of Form 990 with the Chief Financial Officer and makes corrections as necessary. The final Form 990, recommended by Finance Committee for signature, is reviewed by the Full Board.
FORM 990 PART VI LINE 12C	Please describe how the organization annually monitors compliance with their conflict of interest policy: Each Board member must identify by completing a form if he or she is related to any other organizations. In addition, the Board members are required to identify potential conflicts at the time they might arise. For example, if a contract with an entity related to a Board member were contemplated, any Board member related to that entity would be expected to identify the relationship and the Secretary would check the annual reporting forms to identify any conflicts.
FORM 990 PART VI LINE 15B	Please describe the process for determining compensation of officers and key employees include a review and approval by independent persons, comparability data and contemporaneous substantiation of the deliberation and decision: The organization's finance committee reviews the compensation of all employees in the context of the prevailing compensation in the state for comparable job responsibilities. The committee also evaluates all other relevant data, economic trends, local costs-of-living indexes, etc. and determined the amounts paid to the key employee, officer or director were conservative, fair, and far from excessive.
FORM 990 PART VI LINE 19	Please describe whether (and how, if applicable) the organization makes its financial statements, conflict of interest policy, and governing documents available to the general public: YES, by written request via ORGANIZATION'S published address.
FORM 990 PART IX LINE 11G	DESCRIPTION:OUTSIDE PROFESSIONAL SERVICES TOTAL FEES:459843
FORM 990 PART IX LINE 11G	DESCRIPTION:TEACHER CONTRACTORS TOTAL FEES:4002010

Return Reference

Explanation

FORM 990 PART VI LINE 11B

Please describe the procedures which you have in place to ensure that the Board of Directors (or a portion thereof) reviews the organization's Form 990 before it is filed with the Internal Revenue Service: The Finance Committee of the organization reviews a draft of Form 990 with the Chief Financial Officer and makes corrections as necessary. The final Form 990, recommended by Finance Committee for signature, is reviewed by the Full Board.

FORM 990 PART VI LINE 12C

Please describe how the organization annually monitors compliance with their conflict of interest policy: Each Board member must identify by completing a form if he or she is related to any other organizations. In addition, the Board members are required to identify potential conflicts at the time they might arise. For example, if a contract with an entity related to a Board member were contemplated, any Board member related to that entity would be expected to identify the relationship and the Secretary would check the annual reporting forms to identify any conflicts.

FORM 990 PART VI LINE 15B

Please describe the process for determining compensation of officers and key employees include a review and approval by independent persons, comparability data and contemporaneous substantiation of the deliberation and decision: The organization's finance committee reviews the compensation of all employees in the context of the prevailing compensation in the state for comparable job responsibilities. The committee also evaluates all other relevant data, economic trends, local costs-of-living indexes, etc. and determined the amounts paid to the key employee, officer or director were conservative, fair, and far from excessive.

FORM 990 PART VI LINE 19

Please describe whether (and how, if applicable) the organization makes its financial statements, conflict of interest policy, and governing documents available to the general public: YES, by written request via ORGANIZATION'S published address.

FORM 990 PART IX LINE 11G

DESCRIPTION:OUTSIDE PROFESSIONAL SERVICES TOTAL FEES:459843

FORM 990 PART IX LINE 11G

DESCRIPTION:TEACHER CONTRACTORS TOTAL FEES:4002010

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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