Financials

Financials

We believe that a key element of transparency is freely sharing our IRS Form 990 (as required by law) and will also share our independently audited financial statements.

It is our hope that doing so demonstrates our commitment to public accountability for the financial stewardship of the assets our donor have entrusted to us.

Sema Foundation

Financial Information

Below you will find Sema's IRS Form 990 filings, and Annual Activity Reports for the most recent 5 years.

2018

  • Form 990
  • Activity Report

2017

  • Form 990
  • Activity Report

2016

  • Form 990
  • Activity Report

2015

  • Form 990
  • Activity Report

2014

  • Form 990
  • Activity Report
Sema Foundation

Organizational Background

Sema Foundation is a non profit organization with two offices located in Chandler and Tucson.

Accountability

Annually, Sema Foundation certifies it adherence to standards that include comprehensive requirements for financial reporting, governance, ethics, diversity and operations.

Code of Ethics

Sema volunteers, employees and representatives have a responsibility to uphold the highest ethical standards. We believe these standards go beyond compliance with laws and regulations — calling us to fulfill higher obligations as stewards of the public trust.

The Board of Directors and all Sema staff approve the code annually and board members are required to personally certify their compliance to it. Code of Ethics

Counter Terrorism Laws

Sema Foundation complies with the U.S. Patriot Act and all other counter terrorism laws. Affirmative action is taken to prevent technical, in-kind, or other resources from inadvertently being used for illegal acts and terrorist activities.

Bylaws

Sema Bylaws

General Data Protection Regulation (GDPR)

Sema Foundation’s privacy policy and practices are consistent with expectations of GDPR.

Tax-Exempt Status

Sema Foundation must be tax-exempt under Section 501(c)(3) of the Internal Revenue Code as well as corresponding provisions of other applicable state, local or foreign laws or regulations.

Governance

Sema Foundation is governed by active, responsible, and voluntary governing boards to ensure effective governance over the policies and financial resources of the organization. The board is responsible for Sema Foundation delivering on their mission to advance the common good.

Ethics

Sema Foundation follows locally adopted codes of ethics for volunteers and staff that include provisions for ethical management, publicity, fundraising practices and full and fair disclosure.

Diversity, Equity and Inclusion

Sema Foundation welcomes all.

??Financial Accountability

Sema Foundation undergoes annual financial audits conducted by independent certified public accountants whose examination complies with generally accepted auditing standards. In addition, Sema Foundation has a comprehensive requirements for completion of audited financial statements to ensure consistency and transparency system-wide.

???Performance Excellence

Every three years, Sema Foundation conduct self-assessments of their governance, financial management and impact in the community.

Public Reporting and Disclosure

Sema Foundation must file the IRS Form 990 in a timely manner and will provide the IRS Form 990 on their website, at their offices, or upon request.

Legal

Sema Foundation complies with all applicable local, state and federal operating and reporting requirements