Accountability & Disclosure
The Global Warming Mitigation Project (GWMP) is committed to operating to the highest standards of accountability, transparency and ethics. We seek to earn your trust by sharing information on how we operate and use donated dollars to achieve our mission. The following details reflect our commitment to donors, volunteers and the people we serve.
Internal and External Oversight
The Directors who serve and oversee GWMP help to develop and advance the interests of our donors in ways that go beyond just raising money. Good governance is more than just supporting the organization – it also means representing the community’s interests in what we do. Our Board of Directors has three fundamental legal obligations, or fiduciary duties, which apply to everything we do.
Duty of Care: The amount of care that an ordinarily prudent person would exercise in a like position and under similar circumstances. This describes the criteria our Directors must give to making decisions on behalf of GWMP.
Duty of Loyalty: Keeping the interests of GWMP in mind at all times when making decisions on behalf of the organization.
Duty of Obedience: Requires board members to be faithful to our mission; consistent with the mission statement, Articles of Incorporation, Bylaws, and tax-exempt documentation.
Working in partnership with the professional staff, the Directors also cooperate with key legal bodies and various independent organizations that evaluate charities on a number of factors, not the least of which is an organization’s degree of accountability and transparency.
Partnerships and Corporate Engagement
We believe that addressing climate change requires engagement across all stakeholders, including the public and the private sectors as well as the public at large. The GWMP welcomes participation by and contributions from all sources and works with all its partners and donors towards both advancing the mission of the GWMP and increasing the commitment to socially responsible climate practices and policies across all sectors of the economy. At the same time, we will not partner with, or accept support from, any entity whom we believe is engaging with GWMP in order to create a false impression of their position or actions on global warming.
Most importantly, we believe that any potential real or perceived risks connected with donors or partners are eliminated by the integrity and transparency of our processes: solicitation and evaluation of nominations for Keeling Curve Prizes as well as the final decision on the awardees are conducted by independent panels of experts behind a “firewall,” with no involvement or advice from funders, irrespective of the level of their contributions. As appropriate, GWMP donors are acknowledged in documents describing the relevant award and/or on the “Friends' ' page of the organization’s website.
Organizational & Financial Information
Tax Exempt: We are recognized by the United States Internal Revenue Service (IRS) as tax-exempt organization. The IRS DETERMINATION LETTER confirms this information.
Volunteer Governance: Our BOARD of DIRECTORS provides internal oversight to the organization.
Professionally Staffed: Our KEY EMPLOYEES provide the services needed to achieve our mission.
Our CODE OF ETHICS and CONFLICTS OF INTEREST POLICY and annual disclosure practice ensures ethical behavior among our board of directors, staff and volunteers.
Independently Audited: Our most recent FINANCIAL STATEMENTS provide details on our use of donor funds and assets.
IRS Verified: Our IRS FORM 990 confirms the annual tax filing information we are required to maintain the tax exempt designation.
Stewardship Publicly Reported: Our ANNUAL REPORT of activities for each year provides details on our accomplishments and the impact we make with your support.
Confidentiality: All staff, board members, analyst team members, judges, and advisory council members have agreed to the appropriate conflict of interest and confidentiality agreements.