Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part III, Line 3 | The Plan Sponsor has authorized the termination of the Plan upon the depletion of plan assets. |
| Form 990, Part VI, Section A, Line 4 | BSA discontinued all contributions to the Trust beginning in December 2018 in order to reduce the total amount of trust assets and eventually to liquidate the Trust. Contributions collected by the National Council are being held in an investment account. Beginning in mid-2019, BSA began paying various expenses out of the general operating funds that were formerly reimbursed by the Trust. BSA continued to pay medical and dental claims out of the Trust in 2020 until the assets were exhausted and the Trust terminated at that time. All benefits and expenses of the Plan are currently paid out of BSA general assets. |
| Form 990, Part VI, Section B, Line 11b | Form 990 was reviewed and approved by the Controller and Legal Counsel of the Boy Scouts of America. An executive summary was prepared and that, along with Form 990 in its entirety was distributed to the Officers and Audit Committee for their review. Harper and Pearson Company LP reviewed Form 990. Finally, Form 990 was distributed to all Executive Board members before it was filed. |
| Form 990, Part VI, Section B, Line 12c | Annually a conflict of interest policy confirmation is required of the organizations Executive Board members and employees responsible for every department. The organization uses an outside company for anonymous reporting of potential ethics violations. A report of the violation is e-mailed to Internal Audit and National Legal Counsel for thorough research, review, and resolution. The report, issue, and resolution are presented to the Audit Committee for review. |
| Form 990, Part VI, Section C, Line 19 | Governing documents and conflict of interest policy are available upon request. |
| Software ID: | 20012124 |
| Software Version: | v1.00 |