Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 737,486 | 509,865 | 400,532 | 155,804 | 360,260 | 2,163,947 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 737,486 | 509,865 | 400,532 | 155,804 | 360,260 | 2,163,947 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 613,428 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 1,550,519 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 737,486 | 509,865 | 400,532 | 155,804 | 360,260 | 2,163,947 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 629 | 581 | 3,854 | 5,056 | 1,201 | 11,321 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 6,584 | 3,745 | 1,489 | 1,693 | 5,910 | 19,421 |
| 11 | Total support. Add lines 7 through 10 | 2,194,689 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2020 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2020 |
(iii) Distributable Amount for 2020 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2020 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2020: | ||||
| a From 2015....... | ||||
| b From 2016....... | ||||
| c From 2017....... | ||||
| d From 2018....... | ||||
| e From 2019....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2020 distributable amount | ||||
|
i
Carryover from 2015 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2020 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2020 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2020, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2020. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2021. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2016..... | ||||
| b Excess from 2017..... | ||||
| c Excess from 2018..... | ||||
| d Excess from 2019..... | ||||
| e Excess from 2020..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| PART II, LINE 10 | FOREIGN CURRENCY GAIN 19,305 MISCELLANEOUS INCOME 116 |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 4A | EMERGENCY/DISASTER RELIEF: THE CORONAVIRUS PANDEMIC AFFECTED PEOPLE ACROSS HAITI PHYSICALLY, MENTALLY, EMOTIONALLY AND FINANCIALLY. WHILE WE ARE GRATEFUL THE DEATH TOLL IN HAITI HAS NOT HIT THE ASTRONOMICAL NUMBERS THAT WE HAVE SEEN AROUND THE WORLD, THE ECONOMIC TOLL HAS BEEN DEVASTATING. IN THE BEGINNING OF THE PANDEMIC, FARMERS WERE LEFT WITH HARVESTS THAT COULD NOT BE SOLD BECAUSE OF QUARANTINE RESTRICTIONS, LAND THAT COULD NOT BE PLANTED BECAUSE OF LACK OF FINANCING OR ACCESS TO SUPPLIES, AND FAMILIES UNABLE TO BUY FOOD. THE LAMBI FUND TEAM SHIFTED GEARS IN THE BEGINNING OF 2020 WITH THE COVID- 19 EMERGENCY RESPONSE PROGRAM, WHICH ALLOWED US TO DISTRIBUTE APPROXIMATELY 2,500 MASKS ALONG WITH OTHER MATERIALS THAT ENABLED ORGANIZATION MEMBERS THROUGHOUT THE ARTIBONITE, SOUTH AND NORTHWEST REGIONS TO PROTECT THEMSELVES, THEIR FAMILIES AND COMMUNITY MEMBERS. HAND SOAP, DISINFECTANT AND BUCKETS WERE ALSO DISTRIBUTED TO BUILD COMMUNITY HANDWASHING STATIONS AFTER INFORMATION ON PREVENTATIVE/SAFETY MEASURES WERE DISSEMINATED DURING TRAINING SESSIONS AND PUBLIC SERVICE ANNOUNCEMENTS PLAYED FOR ALL TO HEAR. ANOTHER PHASE OF THE PROGRAM PROVIDED FINANCIAL SUPPORT TO ORGANIZATION MEMBERS, WHICH ASSISTED FARMERS IN ACQUIRING THE MATERIALS NECESARY TO BEGIN THEIR PLANTING. THIS STARTED WITH 14 ORGANIZATIONS (SEVEN IN THE SOUTH, SEVEN IN THE ARTIBONITE). BETWEEN THOSE ORGANIZATIONS, 350 FARMERS RECEIVED FUNDS THAT MADE UP FOR THE LOSS THEY SUFFERED WHILE THE COUNTRY WAS IN LOCKDOWN MODE, WHICH MADE IT IMPOSSIBLE FOR THEM TO GO ABOUT THEIR BUSINESS OF SELLING GOODS FOR INCOME. ALTHOUGH THE EMERGENCY FUNDS THAT THE FARMERS RECEIVED WAS NOT A HUGE AMOUNT, IT STILL HELPED THEM TO ACCOMPLISH A LOT MORE THAN THEY WOULD HAVE WITHOUT IT. THESE BENEFICIARIES PLANTED 2-MONTH BEANS, PEANUTS, SWEET POTATOES, YUCCA, OKRA, AS WELL AS AN ASSORTMENT OF PEPPERS. THIS ASSISTANCE FOCUSED ON CROPS THAT ARE FASTER IN PRODUCING HARVEST, TO COMBAT FOOD INSECURITY IN THE AREA EVEN AFTER THE PANDEMIC ENDS. ADDITIONALLY, LAMBI FUND CONTINUED TO WORK WITH 3 EXISTING REHABILITATION PROJECTS UNDER ITS REGULAR EMERGENCY PROGRAM. |
| FORM 990, PAGE 2, PART III, LINE 4B | ENVIRONMENT: PLANTING TREES HELPS RECOVER THE DEPLETED HAITIAN TERRAIN FOR CURRENT AND FUTURE GENERATIONS. HAITI IS STILL CONSIDERED THE MOST DEFORESTED COUNTRY IN THE WESTERN HEMISPHERE. PLANTING TREES NOT ONLY IMPROVES THE LAND AND SOIL TO ASSIST FARMERS WITH PLANTING, IT ALSO PREVENTS NATURAL DISASTER SUCH AS LAND/MUDSLIDE FROM OCCURRING. THROUGHOUT 2020, LAMBI FUND OF HAITI CONTINUED TO PROVIDE ITS ENVIRONMENTAL MANAGEMENT FRAMEWORK TO COMMUNITY ORGANIZATIONS. THE AIM IS TO RAISE AWARENESS OF THE ISSUES OF ENVIRONMENTAL DEGRADATION AND ALSO TO TAKE CONCRETE ACTION TO PROTECT THE ENVIRONMENT. ACTIONS HAVE MAINLY FOCUSED ON: 1) TREE SEEDLING PRODUCTION TO ASSIST IN REFORESTATION AND 2) TRAINING PROGRAMS WHICH ARE FOCUSED ON THE ENVIRONMENT: TREE NURSERY TECHNIQUES, CLIMATE CHANGE, AGRO-FORESTRY. TEN ORGANIZATIONS RECEIVED SUPPORT FROM LAMBI FUND IN 2020. THE COMMUNITY ORGANIZATIONS ARE FROM TWO DEPARTMENTS OF THE COUNTRY. MORE THAN 1,500 PEASANT MEMBERS OF THESE ORGANIZATIONS PARTICIPATED IN ALL THE ACTIVITIES CARRIED OUT UNDER THESE PROJECTS. IN 2020, A TOTAL OF 512,184 SEEDLINGS WERE PRODUCED. ORGANIZATIONS GENERALLY PRODUCE FRUIT AND FOREST TREES (80% FOREST, 20% FRUIT). AMONG THE FOREST TREES YOU FIND CEDAR, CASSIA, CHESTNUT, ACACIA, PINE AND MAHOGANY TREES. IN THE FRUIT TREES YOU FIND MAINLY SOURSOP, TAMARIND, CHERRIES, PAPAYA, ORANGE, GRAPEFRUIT, LEMON, MANGO, AND AVOCADO. CACAO AND COFFEE WERE ALSO PRODUCED. ORGANIZATIONS DISTRIBUTE THESE SEEDLINGS TO MEMBERS OF THE COMMUNITY ORGANIZATIONS BUT ALSO TO GATHERING PLACES IN THE COMMUNITIES SUCH AS SCHOOLS AND CHURCHES. THESE SEEDLINGS ARE USED TO REPLENISH SPACE DEDICATED TO AGROFORESTRY OR SMALL COMMUNITY FORESTS OF APPROXIMATELY 5-10 HECTARES. TO ACCOMPLISH ALL THESE TASKS DURING THE YEAR, THE COMMUNITY ORGANIZATIONS ARE SUPPORTED BY LAMBI FUND'S STAFF, PARTICULARLY THE REGIONAL MONITORS WHO ASSIST IN THE PLANNING AND IMPLEMENTATION OF ALL PROJECT ACTIVITIES. A TEAM OF NURSERY TECHNICIANS ALSO PROVIDE THEM WITH THE NECESSARY GUIDANCE IN SEEDLING PRODUCTION IN NURSERIES, IN DISTRIBUTION, IN PLANTING AND IN MONITORING TREES. ONE TRAINING IN PRODUCTION OF SEEDLINGS WAS PROVIDED. |
| FORM 990, PAGE 2, PART III, LINE 4C | ALTERNATIVE ECONOMY: THIS PROGRAM AIMS TO REINFORCE EXISTING LOAN FUNDS USUALLY BEGUN BY MEMBERS OF THE ORGANIZATIONS, SO TO IMPROVE ACCESS TO CREDIT. IT ALSO ALLOWS PARTNERS TO ESTABLISH OTHER SOURCES OF INCOME, INCREASING THEIR REVENUE STREAM. IN 2020 LAMBI FUND CONTINUED TO FUND AND MONITOR A CREDIT FUND THAT STARTED WITH 50 BENEFICIARIES BUT EXPANDED TO 247 BENEFICIARIES (172 WOMEN, 75 FARMERS) OVER TWO YEARS. THE BENEFICIARIES ARE REIMBURSING THE FUND IN 4 INSTALLMENTS (EVERY SIX MONTHS FOR THE FARMERS), AND MONTHLY INSTALLMENTS FROM THE WOMEN'S CREDIT FUND. THE MONEY REIMBURSED GOES TOWARDS INVESTMENT IN NEW CREDIT FUNDS AND/OR OTHER MEMBERS OF THE SAME ORGANIZATIONS WHO DID NOT RECEIVE FUNDS DURING PREVIOUS ALLOCATIONS. THE SMALL ENTERPRISES HELP STABILIZE FAMILIES AND BRING IN MUCH-NEEDED INCOME TO REDUCE POVERTY. THE CREDIT LOAN PROGRAMS FOR PLANTERS ALLOWS PARTNERS TO BORROW MONEY AT A FAIR INTEREST RATE SO THAT THEY CAN BUY THE SEEDS, TOOLS, AND OTHER ITEMS NEEDED FOR SUCCESSFUL CROPS. THE ADDED MONEY TO INCREASE CROP PRODUCTION IMPROVES PARTNERS ABILITY TO SELL MORE GOODS, AND ENHANCES FOOD SECURITY. TWO TRAINING SESSIONS WERE CONDUCTED ON MANAGEMENT OF THE CREDIT FUNDS. |
| FORM 990, PAGE 2, PART III, LINE 4D | SUSTAINABLE DEVELOPMENT - SUSTAINABLE DEVELOPMENT IS ONE OF THE PROGRAMS IN 2020 THAT COMPRISES OF SUSTAINABLE AGRICULTURE IN THE FORM OF OX-PLOWING, MILLS, PRODUCTION OF GRAINS AND LEGUMES; CREDIT TO PLANTERS AND ANIMAL HUSBANDRY WITH GOAT BREEDING PROJECTS. EACH PROJECT IMPROVES PARTNERS' LIVELIHOOD AND INCOME. THESE PROJECTS NOT ONLY BENEFIT THE MEMBERS OF THE PEASANT ORGANIZATIONS THEY ALSO BENEFIT PEOPLE IN THE COMMUNITY WHO ARE NOT MEMBERS. FOR EXAMPLE, 2000 PEOPLE IN THE POPULATION (MEMBERS AND NON-MEMBERS) HAVE ACCESS TO PRODUCTS PROCESSED THROUGH THE MILLS. BELOW IS A BREAKDOWN OF HOW THE PROJECTS PROMOTE LONG-TERM BUILDING AND THE NUMBER OF LIVES THAT BENEFITTED FROM THEM IN 2020: SUSTAINABLE AGRICULTURE/OTHER. THE USE OF OX-PLOWS ALLOWS THE FARMERS TO MAKE FASTER PREPARATION OF LAND FOR PLANTING, AND INCREASES IN CROP YIELDS. IN 2020, LAMBI FUND CONTINUED TO MONITOR ONE ORGANIZATION WITH THE OX-PLOW PROGRAM. THE OX-PLOWING WORK WAS EFFECTIVE FOR NINE MONTHS OF THE YEAR (DROUGHT IN THE SUMMER MONTHS INTERRUPTED THE ACTIVITIES), YIELDING TO PRODUCTION OF RICE, CORN, LEGUMES, CASSAVA, MILLET. A PORTION OF THE PRODUCTION IS SOLD TO GENERATE INCOME AND THE REMAINING PART IS KEPT IN STORAGE, WHICH ADDED BENEFITS TO THE FARMERS WHO HAVE GRAIN AVAILABLE FOR THE FOLLOWING PLANTING SEASON. LAMBI FUND ALSO CONTINUED TO MONITOR THE CREDIT FUND PROGRAM OF THAT ORGANIZATION. THE CREDIT FUND UNDER THIS PROJECT BENEFITTED 91 ADDITIONAL INDIVIDUALS THIS YEAR (27 FARMERS, 64 WOMEN). TWO TRAININGS IN CREDIT FUND MANAGEMENT AND OX-PLOWING WERE ALSO CONDUCTED IN 2020. THE MILLS BUILT IN PREVIOUS YEARS CONTINUED TO PROCESS GRAINS LOCALLY. FORTY-THREE TONS OF RICE WERE PROCESSED DURING THE YEAR. ADDITIONALLY, STORAGE SPACE WAS BUILT TO ALLOW THE MEMBERS USING THE MILLS TO KEEP THEIR PROCESSED GOODS. THE CENTER OF PLANTAIN PROPAGATION (CPP,) A CORE PROJECT OF LAMBI FUND, PRODUCED 10,000 SEEDLINGS OF PLANTAIN, OF WHICH 2/3 WERE DISTRIBUTED. ANIMAL HUSBANDRY. THE GOAT BREEDING PROJECTS ARE VERY SUCCESSFUL IN ALLOWING PARTNERS TO GAIN INCOME AND ECONOMIC VERSATILITY. GOATS CAN BE USED AS A FOOD SOURCE SUCH AS MILK, CHEESE, AND MEAT FOR PERSONAL USE OR SOLD. WHEN THE GOATS BEGIN TO HAVE OFFSPRING, THEY CAN BE SOLD OR USED TO GROW THE PARTNERS' FOOD-SOURCE ENTERPRISE. THE LAMBI FUND CONTINUED TO MONITOR 2 ORGANIZATIONS WITH GOAT BREEDING PROGRAMS. AS OF THE END OF THE YEAR, THERE WAS A TOTAL OF 398 GOATS. THE NEW GOATS, ADDED TO YIELDING OF PREVIOUS HERDS OF GOATS WERE DISTRIBUTED TO MEMBER ORGANIZATIONS. THE VETERINARY TECHNICIAN OF ONE OF THE ORGANIZATIONS IS WORKING WITH THEM TO REPEAT THE CYCLE OF REPRODUCTION. ONE TRAINING WAS PROVIDED IN GOAT BREEDING. |
| FORM 990, PART V, LINE 4B | HAITI |
| FORM 990, PAGE 6, PART VI, LINE 11B | A FULL REVIEW OF THE FORM 990 IS CONDUCTED BY THE BOARD OF DIRECTORS, THE EXECUTIVE DIRECTOR AND THE FINANCE MANAGER BEFORE IT IS FILED WITH THE IRS. THE FORM 990 IS DISTRIBUTED BOTH ELECTRONICALLY AND IN PAPER FORM TO THE FULL BOARD OF DIRECTORS BY THE EXECUTIVE DIRECTOR FOR REVIEW, PRIOR TO BOARD APPROVAL. |
| FORM 990, PAGE 6, PART VI, LINE 12C | FORM 990, PART VI, SECTION B, LINE 12C: THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS APPLICABLE TO THE BOARD OF DIRECTORS AND ALL HIGHLY COMPENSATED EMPLOYEES OF THE ORGANIZATION. ANY DIRECTOR OR SENIOR EMPLOYEE WHO HAS A DIRECT OR INDIRECT FINANCIAL AND/OR PERSONAL INTEREST, AND HAS THE ABILITY TO INFLUENCE A TRANSACTION OR BUSINESS ARRANGEMENT, MUST DISCLOSE THEIR POTENTIAL CONFLICT OF INTEREST, AND ALL MATERIAL FACTS, TO THE BOARD OF DIRECTORS. AFTER DISCLOSURE OF THE POTENTIAL CONFLICT OF INTEREST AND AFTER DISCUSSION WITH THE INTERESTED PARTY, THE INDIVIDUAL WILL LEAVE THE BOARD MEETING WHILE DETERMINATION OF A POTENTIAL CONFLICT OF INTEREST IS DISCUSSED. THE BOARD CHAIR CAN, IF APPROPRIATE, APPOINT A DISINTERESTED PARTY OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OF DIRECTORS WILL DETERMINE IF THE ORGANIZATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT. IF A MORE ADVANTAGEOUS ALTERNATIVE IS NOT POSSIBLE, THE BOARD, BY MAJORITY VOTE, WILL DETERMINE IF THE TRANSACTION OR ARRANGEMENT IS IN THE BEST INTEREST OF THE ORGANIZATION. THE MINUTES OF THE BOARD MEETING AND OF ALL RELATED COMMITTEES WITH BOARD DESIGNATED POWERS WILL CONTAIN THE NAMES OF PERSONS DISCLOSING AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE INTEREST, ANY ACTION TAKEN TO DETERMINE IF A CONFLICT OF INTEREST EXISTS, AND THE BOARD DECISION AS TO WHETHER A CONFLICT EXISTED. ADDITIONALLY, THE NAMES OF ALL PRESENT FOR DISCUSSIONS AND VOTING RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION AND RECORD OF THE VOTES WITHIN THE PROCEEDINGS ARE ALSO DOCUMENTED IN THE BOARD MINUTES. IF THE BOARD OF DIRECTORS HAS REASON TO BELIEVE THAT A DIRECTOR OR EMPLOYEE HAS FAILED TO DISCLOSE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, THE INDIVIDUAL WILL BE INFORMED, AND GIVEN AN OPPORTUNITY TO EXPLAIN THE FAILURE TO DISCLOSE. IF IT IS DETERMINED BY THE BOARD OF DIRECTORS THAT THE PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION WILL BE TAKEN. EACH MEMBER OF THE BOARD OF DIRECTORS, MEMBER OF A BOARD COMMITTEE, AND SENIOR EMPLOYEE OF THE ORGANIZATION WILL ANNUALLY SIGN A STATEMENT THAT CONFIRMS THAT THE INDIVIDUAL HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, THEY HAVE READ AND UNDERSTOOD THE POLICY, AND THAT THEY AGREE TO COMPLY WITH THE POLICY. THE DISCLOSURE FORMS ARE RETAINED WITHIN THE ORGANIZATION'S BOOKS AND RECORDS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE PROCESS USED BY THE LAMBI FUND OF HAITI FOR DOCUMENTING COMPENSATION OF THE EXECUTIVE DIRECTOR IS: 1. THE LAMBI FUND OF HAITI STAFF COMPILES A SURVEY ON COMPENSATION PAID BY SIMILARLY SITUATED ORGANIZATIONS FOR COMPARABLE POSITIONS AND PROVIDES THE DATA TO THE EXECUTIVE COMMITTEE OF LAMBI FUND OF HAITI. THE ORGANIZATION USES THE CHARITY NAVIGATOR WEBSITE TO OBTAIN COMPARABLE EXECUTIVE COMPENSATION DATA. 2. THE EXECUTIVE COMMITTEE REVIEWS THE COMPARABILITY DATA. 3. THE EXECUTIVE COMMITTEE COMPARES THE PROPOSED SALARIES FOR THE EMPLOYEES WITH THE COMPARABLE DATA AND DETERMINES THE REASONABLENESS OF THE PROPOSED COMPENSATION PACKAGE. IF THE COMMITTEE DETERMINES THE REASONABLE COMPENSATION IS HIGHER OR LOWER THAN THE RANGE OF COMPARABLE DATA OBTAINED, THEY ARTICULATE THE BASIS FOR THE DETERMINATION. 4. THE EXECUTIVE COMMITTEE TAKES THE ITEM TO THE BOARD FOR APPROVAL. DOCUMENTATION INCLUDES: A. LIST OF THE DISQUALIFIED EMPLOYEES WITH THEIR RESPECTIVE COMPENSATION PACKAGE REVIEWED BY THE EXECUTIVE COMMITTEE B. THE NAMES OF MEMBERS PRESENT DURING THE DISCUSSION ON THE ISSUE AND WHO VOTED ON IT C. COMPARABILITY DATA RELIED UPON BY THE EXECUTIVE COMMITTEE AND HOW THE DATA WAS OBTAINED D. BASIS FOR THE DETERMINATION OF REASONABLENESS THIS PROCESS WAS LAST UNDERTAKEN IN 2016. AFTER 2016, THE EXECUTIVE DIRECTOR'S SALARY DECREASED DUE TO FINANCIAL CONSTRAINTS. THE SALARY WAS DETERMINED TO BE REASONABLE. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE SERVICE CODE AS IT IS POSTED IN GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. IN ADDITION, FORMS 990 AND 1023, AS WELL AS THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST OF THE ORGANIZATION AT 1050 CONNECTICUT AVENUE NW, SUITE 500, WASHINGTON, D.C. 20036,OR BY CALLING THE ORGANIZATION AT 202-772-2372. |
| FORM 990, PART VII | EXECUTIVE DIRECTOR, JOSETTE M. PERARD, IS A SALARIED EMPLOYEE OF THE ORGANIZATION AT THE HAITI LOCATION. MS. PERARD RESIDES IN HAITI AND RECEIVED HER COMPENSATION AT THAT LOCATION, WHICH DOES NOT REQUIRE W-2 OR 1099 REPORTING. |
| FORM 990, PART XII | THE EXECUTIVE DIRECTOR AND THE BOARD OF DIRECTORS ARE RESPONSIBLE FOR THE SELECTION OF THE OUTSIDE ACCOUNTANT AND FOR THE OVERSIGHT OF THE REVIEW AND COMPILATION OF THE FINANCIAL STATEMENTS. THIS PROCESS HAS NOT CHANGED IN THE PAST YEAR. |
| Software ID: | |
| Software Version: |