Standard 4: Compensated Board Members - Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.
NLEOMF does not meet this Standard because:
- The paid chief executive officer also serves as the chair of the board of directors.
Standard 19: Cause Related Marketing - Clearly disclose how the charity benefits from the sale of products or services (i.e., cause-related marketing) that state or imply that a charity will benefit from a consumer sale or transaction. Such promotions should disclose, at the point of solicitation: (a) the actual or anticipated portion of the purchase price that will benefit the charity (e.g., 5 cents will be contributed to abc charity for every xyz company product sold), (b) the duration of the campaign (e.g., the month of October), (c) any maximum or guaranteed minimum contribution amount (e.g., up to a maximum of $200,000).
NLEOMF does not meet this Standard because, in the past year the organization participated in promotions for the sale of consumer goods that indicated that the organization would benefit from these purchases. The promotions, however, did not specify:
- The actual or anticipated amount of the purchase price that will benefit the organization.
In addition, NLEOMF participated in an affinity credit card program in which the promotional materials indicated that the charity would benefit from purchases made with the card, but the amount benefitting the charity was not disclosed.