| FORM 990, PART VI, SECTION A, LINE 8B |
ANY DECISIONS MADE BY COMMITTEES ON BEHALF OF THE GOVERNING BODY ARE DOCUMENTED IN FULL BOARD MEETING MINUTES. |
| FORM 990, PART VI, SECTION B, LINE 11B |
THE FORM 990 IS REVIEWED BY ACTING CEO AND ACTING COO. AVAAZ PRESENTS A COPY OF THE 990 TO ALL BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL PRIOR TO ELECTRONICALLY FILING FORM 990 WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C |
THE ORGANIZATION'S CONFLICT OF INTEREST POLICY REQUIRES ALL BOARD OF DIRECTORS MEMBERS AND EMPLOYEES HOLDING OFFICER (AND/OR KEY EMPLOYEE) POSITIONS TO CERTIFY THAT THEY HAVE NO CONFLICTS OF INTEREST. THE ORGANIZATION REQUIRES PERIODIC UPDATES TO CONFIRM THAT EACH INDIVIDUAL'S INDEPENDENCE IS NOT IMPAIRED. CONFLICT OF INTEREST POLICY WAS UPDATED IN OCTOBER 2022. THIS POLICY PRESCRIBES THAT THE AFFAIRS OF THE ORGANIZATION MUST BE CONDUCTED IN A MANNER THAT AVOIDS IMPERMISSIBLE PRIVATE BENEFIT. THIS OBLIGATION REQUIRES THAT ANY INDIVIDUAL WHO HAS AUTHORITY TO MAKE DECISIONS ON BEHALF OF THE ORGANIZATION, SUCH AS A BOARD MEMBER, OFFICER, OR COMMITTEE MEMBER TAKES STEPS TO INFORM THE BOARD OF DIRECTORS AND TRUSTEES IN A TIMELY MANNER OF ANY PERSONAL INTEREST THEY MIGHT HAVE IN A TRANSACTION OR CONTRACT BETWEEN THE ORGANIZATION AND A THIRD PARTY. |
| FORM 990, PART VI, SECTION B, LINE 15A |
THE ACTING CHIEF EXECUTIVE OFFICER IS COMPENSATED BASED ON THE PRIOR POSITION HE HELD WITH THE ORGANIZATION; HIS COMPENSATION IS BASED ON A COMPENSATION STUDY CONDUCTED BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 |
AVAAZ FOUNDATION'S FORM 990 AND FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE. AVAAZ FOUNDATION'S FORM 990 IS ALSO POSTED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND AT MANAGEMENT'S DISCRETION. |
| FORM 990, PART VII, SECTION A: |
BOARD OF TRUSTEES MEMBER, THOMAS PRAVDA, RECEIVED COMPENSATION FOR CONSULTING SERVICES HE RENDERED AS AN INDEPENDENT CONTRACTOR TO THE FOUNDATION DURING CALENDAR YEAR 2023. OF THE $128,577 IN COMPENSATION REPORTED FOR MR. PRAVDA IN PART VII, $113,263 REPRESENTS PAYMENT FOR CONSULTING SERVICES RENDERED; THE REMAINING $15,314 REPRESENTS PAYMENT FOR HIS SERVICE AS A BOARD OF TRUSTEES MEMBER. FORM 990, PART VII, SECTION A: BOARD COMPOSITION IN 2023 *** DUE TO CONCERN FOR THE PERSONAL SAFETY OF TWO INDIVIDUALS, THE FOUNDATION HAS ELECTED TO USE A PSEUDONYM TO OBSCURE THE INDIVIDUALS' TRUE IDENTITY. THE NAMES OF THESE INDIVIDUALS ARE AVAILABLE UPON REQUEST BY THE INTERNAL REVENUE SERVICE. FORM 990, SCHEDULE B, PART I: IN 2023, 38 DONORS FROM 15 COUNTRIES EACH MADE AGGREGATE CONTRIBUTIONS TOTALING THE USD EQUIVALENT OF $5,000 OR MORE. THE MAXIMUM CONTRIBUTED BY A SINGLE DONOR WAS $36,678 USD. THE TOTAL CONTRIBUTED FROM THESE 38 DONORS WAS $329,547 USD, REPRESENTING 1.16% OF TOTAL CONTRIBUTIONS IN 2023. AVAAZ DOES NOT ALLOW SINGLE DONATIONS OF MORE THAN 5,000 USD/EUR/GBP. |
| FORM 990, PART XI, LINE 9: |
UNREALIZED FOREIGN CURRENCY GAIN 719,059. |
| FORM 990, PART XII, LINE 2C: |
THE FOUNDATION HAS DELEGATED THE RESPONSIBILITY TO OVERSEE THE AUDIT OF ITS FINANCIAL STATEMENTS TO A SUBSET OF INDIVIDUALS WHO SIT ON THE BOARD OF DIRECTORS. |