Advisory Committee Policy amendment 2

Status: Draft

1. Introduction. The Advisory Committee Policy does not specify the role of the Audit Committee. The Policy assigns the Public Policy committee to verify that Wikimedia DC is satisfying its 501(c)(3) and 501(h) obligation to spend under certain limits on advocacy and lobbying. The task is more naturally addressed by the Audit Committee. The proposal below is to reassign the task to the Audit Committee and ask that it be done annually.

2. Remove Advisory Committee Policy, Article III, section 2(e).

3. Add a section 3 to Article III which reads:

3. Audit Committee.

(a) The Committee shall conduct an annual analysis of the Corporation's activities to verify that no substantial part of the Corporation's activity is dedicated to advocating for or against legislation, pursuant to Section 501(h) of the Internal Revenue Code. It is anticipated that the Audit Committee's report on this can be included in its statement in each year's annual financial report.

4. Shall we fill in more to specify the Audit committee's responsibility? re whistleblowing, records retention, etc? TBD.