Giving Back Is Key Foundation is organized as a Georgia nonprofit corporation for charitable purposes and is governed by a Board of Directors.
The Foundation’s governing documents state that assets and income are to be used to advance the organization’s charitable purposes and not for personal financial gain.
The bylaws provide for a Board of Directors consisting of a minimum of three and a maximum of five directors, with formal meeting, voting, recordkeeping, and officer responsibilities.
The Foundation maintains a formal conflict-of-interest policy for directors and officers. It requires disclosure of actual or possible financial interests, provides for recusal and disinterested board review, and requires records of relevant discussions and votes.
Directors and officers are expected to disclose actual or possible conflicts and relevant material facts.
Interested individuals may be excluded from deliberation and voting on transactions involving a possible conflict.
Board records document conflict determinations, participants, discussions, alternatives considered, and votes.
Covered leaders acknowledge the policy and the Board is charged with monitoring compliance.
The Foundation’s bylaws and conflict-of-interest policy were adopted by the initial Board of Directors on September 3, 2022.
For governance-document requests, contact info@givingbackiskey.org.