Governance

The Libra Foundation is governed by a Board of Trustees.

Trustees

The Trustees, as a Board, set policies relating to governance, expenditures, management, professional standards, investment and grant making. They also represent the Foundation before the public, select the President and review the performance and set the compensation of the President and CEO. The Trustees meet four times annually and otherwise, as needed. A two-person Audit Committee reviews all financial statements and works with the Foundation’s Chief Financial Officer in oversight of the external auditors. Currently, all Trustees (excepting the President) are independent and all are subject to a Board-approved “conflict of interest” provision.

In accordance with proposed regulation and in the interest of financial transparency, the Trustees review the Foundations Form 990 prior to filing with the I.R.S.

View Trustees and Officers Read Biographies

Governing Documents

The Foundation and the activities of its Trustees and staff members are governed in part by the following documents:

Standards of Independence

Sets forth the definition of “independence” adopted by the Board.

Trustee, Officer and Staff Code of Conduct

Outlines expected conduct by members of the Board of Trustees and staff.

Trustee, Officer and Staff Code of Ethics

Outlines expected conduct by members of the Board of Trustees and staff.

Whistleblower Protection Statement

Outlines protective measures enacted to prevent retaliation if an employee raises a question about the Foundation’s accounting practices.