Compensation and Executive Pay Policy

The Viviscent Wellness Foundation (“VWF”) is committed to fair, ethical, and transparent compensation practices. This Compensation and Executive Pay Policy establishes the standards for determining staff compensation, executive pay, and related oversight to ensure compliance with nonprofit regulations and responsible stewardship of donor resources.

1. Purpose

This Policy ensures that VWF:

• Provides fair and competitive compensation
• Maintains compliance with IRS and nonprofit governance standards
• Prevents excessive or unreasonable executive compensation
• Supports recruitment and retention of qualified personnel

2. Scope

This Policy applies to all employees, contractors, and executives of VWF. Executive compensation includes salary, bonuses, benefits, and any additional forms of remuneration.

3. Compensation Philosophy

VWF’s compensation structure is based on:

• Market‑competitive salary benchmarks
• Internal equity and fairness
• Job responsibilities, experience, and performance
• Budgetary and organizational sustainability

4. Executive Compensation Standards

Executive compensation must be:

• Reasonable and not excessive
• Based on documented market comparisons
• Reviewed and approved by independent board members
• Consistent with IRS “rebuttable presumption of reasonableness” guidelines

Compensation decisions must be free from conflicts of interest. Executives may not participate in discussions or votes regarding their own compensation.

5. Performance Evaluation

Annual performance evaluations will be conducted for all employees, including executives. Evaluations may consider:

• Achievement of organizational goals
• Leadership effectiveness
• Operational performance
• Compliance with policies and ethical standards

6. Documentation Requirements

All compensation decisions must be documented, including:

• Salary surveys or market comparisons
• Board meeting minutes
• Performance evaluations
• Conflict‑of‑interest disclosures

7. Transparency and Reporting

VWF will comply with all reporting requirements, including IRS Form 990 disclosures related to executive compensation and key employee remuneration.

8. Prohibited Practices

The following practices are strictly prohibited:

• Excessive or unreasonable compensation
• Undisclosed bonuses or benefits
• Compensation decisions made without proper oversight
• Compensation tied to political or partisan activities

9. Policy Review

This Policy will be reviewed periodically and updated as necessary to reflect legal requirements, market conditions, and organizational needs.

Contact Us

For questions regarding this Compensation and Executive Pay Policy, please contact:

Email: compliance@viviscentwellnessfoundation.org
Phone: 205‑460‑5305