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 | |||||
| (A)
CHARLESTON COUNTY PARKS AND RECREATION |
570513944 | 7 | Yes | 30,086 | 0 | |
|
Total 1
|
30,086 | 0 | ||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 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 | ||||||
| 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).. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 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.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (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) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (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) |
||||
| 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) |
||||
| 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): |
|||||
| 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 1-1/2% 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 .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 | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2019 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2019 |
(iii) Distributable Amount for 2019 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2019 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 2019: | ||||
| a From 2014....... | ||||
| b From 2015....... | ||||
| c From 2016....... | ||||
| d From 2017....... | ||||
| e From 2018....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2019 distributable amount | ||||
|
i
Carryover from 2014 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2019 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2019 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2019, 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 2019. 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 2020. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2015..... | ||||
| b Excess from 2016..... | ||||
| c Excess from 2017..... | ||||
| d Excess from 2018..... | ||||
| e Excess from 2019..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| 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 | THE CHARLESTON COUNTY PARKS FOUNDATION (CCPF) WILL REMOVE BARRIERS THAT PREVENT ACCESS TO PARKS, RECREATION PROGRAMS AND EDUCATIONAL OPPORTUNITIES FOR UNDERSERVED AREAS OF CHARLESTON COUNTY. SOME OF THESE POPULATIONS EXPERIENCE POORER HEALTH FOR A WIDE-RANGE OF HEALTH INDICATORS THAN ANY OTHER GROUPS IN THE REGION. THESE INCLUDE GREATER RATES OF OBESITY, INFANT MORTALITY, DIABETES, CANCER, CHRONIC RESPIRATORY PROBLEMS, AND DEATH FROM NUMEROUS CONDITIONS INCLUDING HEART DISEASE, CANCER, STROKE, AND DIABETES. OUR FOUNDATION DEVELOPS AND SUSTAINS PROJECTS THAT PROMOTE LIVING AN ACTIVE AND HEALTHY LIFESTYLE. HEALTHY LIFESTYLES ARE DEFINED BY BOTH A HEALTHY BODY AND MIND. CCPF PROMOTES PROJECTS THAT ENCOURAGE A HEALTHY BODY, MIND AND SPIRIT, AND IS FOCUSING ON 4 PROJECTS BELOW. THE CHARLESTON COUNTY PARKS FOUNDATION IS CURRENTLY SERVING OVER 1,000 PARTICIPANTS A YEAR. 1. "THE GENESIS PROJECT" PROVIDES AQUATIC SAFETY PROGRAMS THROUGHOUT CHARLESTON COUNTY. ESTABLISHED AFTER THE TRAGIC DROWNING OF 13 YEAR-OLD AFRICAN-AMERICAN BOY NAMED GENESIS HOLMES IN HOLLYWOOD, SC, WITH A FOCUS OF REDUCING DROWNINGS IN THESE RURAL AREAS. THE GENESIS PROJECT PROVIDES CHILDREN WITH A SKILL THAT WILL TRANSLATE INTO A LIFELONG LOVE FOR WATER, AND WILL IMPACT GENERATIONS TO COME. 2. "THE MCLEOD PROJECT" SUPPORTS CULTURAL AND HISTORICAL EDUCATION OPPORTUNITIES THAT FOSTER A MORE EQUITABLE SOCIETY, BY EXPRESSING A UNIFIED NARRATIVE OF AFRICAN AMERICAN HISTORY, CULTURE, HERITAGE AND ART. THE PROJECT IS FOCUSING ON THESE 3 AREAS: "THE ARTS AT MCLEOD" CURRENTLY HOSTING A POETRY SERIES, BY PEOPLE OF AFRICAN DESCENT INTERPRETING THEIR HISTORY, PAST, PRESENT AND FUTURE. "ENGAGING DESCENDANT COMMUNITIES" A "DESCENDANT COMMUNITY" INCLUDES PEOPLE WHOSE ANCESTORS WERE ENSLAVED AND/OR WHOSE DESCENDANTS LIVED AT A PARTICULAR SITE. FURTHERMORE, A DESCENDANT COMMUNITY INCLUDES THOSE WHOSE ANCESTORS LIVED THROUGHOUT THE REGION, WELCOMING ALL THAT MAY BE CONNECTED. "THE SANKOFA MEMORIAL GARDEN," PRESERVING AND MEMORIALIZING A SACRED BURIAL GROUND FOR AFRICAN AMERICAN ANCESTORS. ONE OF THE OLDEST AFRICAN AND AFRICAN AMERICAN CEMETERIES IN CHARLESTON. 3. "THE PASS IT FORWARD PROJECT" PROVIDES OPPORTUNITIES FOR THOSE WHO ENCOUNTER BARRIERS TO ACCESS PARKS, PROGRAMS, AND SERVICES. FIRST, FOCUSING ON SUMMER CAMP SCHOLARSHIPS ENABLING CHILDREN TO EXPERIENCE AN ENVIRONMENT WHERE THEY CAN EXPLORE, ACHIEVE AND GROW THROUGH FUN AND CHALLENGING ACTIVITIES. THE PROJECT ALSO SUPPORTS PROGRAMS LIKE SPECIAL OLYMPIC KAYAK TRAINING AND COMPETITION, INCLUSIVE SWIM NIGHTS AT COUNTY WATERPARKS, WHEEL TO SURF ADAPTIVE SURFING EVENTS AND LEAP (AN ENVIRONMENTAL ADVENTURE PROGRAM FOSTERING STEWARDSHIP, SPORTS AND LEADERSHIP FOR YOUTH). 4. "THE SK8 FORWARD PROJECT" INTRODUCES THE SPORT OF SKATEBOARDING FOR THOSE WHO MAY NOT HAVE THE OPPORTUNITY TO EXPERIENCE IT. THE PROJECT IS DESIGNED TO OFFER FREE ADMISSION, INSTRUCTION, SAFETY AWARENESS AND USE OF EQUIPMENT WHILE AT SK8 CHARLESTON SKATE PARK. |
| FORM 990, PAGE 6, PART VI, LINE 11B | RETURN REVIEWED BY THE EXECUTIVE DIRECTOR AND THEN FORWARDED TO THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 12C | SECTION 6.7 CONFLICT OF INTEREST: (A)DUTY: THE FOUNDATION BOARD, MEMBERS OF COMMITTEES WITH FOUNDATION BOARD-DELEGATED POWERS ("COMMITTEE MEMBERS"), AND OFFICERS OF THE FOUNDATION SHALL EXERCISE THE UTMOST GOOD FAITH IN ALL TRANSACTIONS TOUCHING UPON THEIR DUTIES TO THE FOUNDATION AND ITS PROPERTY. IN THEIR DEALINGS WITH AND ON BEHALF OF THE FOUNDATION, THEY ARE HELD TO A STRICT RULE OF HONEST AND SINCERE DEALING BETWEEN THEMSELVES AND THE FOUNDATION. THEY SHALL NOT USE THEIR POSITIONS, OR KNOWLEDGE GAINED THEREFROM, SO THAT A CONFLICT MIGHT ARISE BETWEEN THE FOUNDATION'S INTEREST AND THAT OF THE INDIVIDUAL. FOUNDATION BOARD SHOULD AVOID WHERE POSSIBLE TRANSACTIONS THAT WOULD OR COULD CREATE A CONFLICT OF INTEREST SITUATION. (B)DEFINITIONS: FOR PURPOSES OF THIS POLICY SET FORTH IN THIS SECTION 6.7, A PERSON SHALL BE DEEMED TO HAVE A "FINANCIAL INTEREST" IF THE PERSON HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT OR FAMILY: (I) AN OWNERSHIP OR INVESTMENT INTEREST IN ANY ENTITY WITH WHICH THE FOUNDATION HAS A TRANSACTION OR ARRANGEMENT; (II) A COMPENSATION ARRANGEMENT WITH THE FOUNDATION OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE FOUNDATION HAS A TRANSACTION OR ARRANGEMENT; OR (III) A POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY OR INDIVIDUAL WITH WHICH THE FOUNDATION IS NEGOTIATING A TRANSACTION OR ARRANGEMENT. COMPENSATION INCLUDES DIRECT AND INDIRECT REMUNERATION AND GIFTS OR FAVORS WHICH ARE SUBSTANTIAL IN NATURE. EXAMPLES OF SUCH FINANCIAL INTERESTS INCLUDE, BUT ARE NOT LIMITED TO, A PERSON WHO IS THE PARTY (OR ONE OF THE PARTIES) CONTRACTING OR DEALING WITH, OR IN THE SAME OR RELATED BUSINESS AS, THE FOUNDATION OR ANY OF ITS SUBSIDIARIES, OR IS A DIRECTOR, TRUSTEE OR OFFICER OF, OR GENERAL PARTNER OF, OR HAS A MATERIAL FINANCIAL OR INFLUENTIAL INTEREST IN, THE ENTITY CONTRACTING OR DEALING WITH, OR IN THE SAME OR RELATED BUSINESS AS, THE FOUNDATION OR ANY OF ITS SUBSIDIARIES. FOR PURPOSES OF THIS CONFLICT OF INTEREST POLICY, RELATIONSHIPS AND DEALINGS OF THE FOUNDATION, PARTNERSHIPS, JOINT VENTURES, OR OTHER ENTITIES OWNED, CONTROLLED OR MANAGED BY THE FOUNDATION SHALL NOT CONSTITUTE A "FINANCIAL INTEREST- OR CONFLICT OF INTEREST UNDER THIS POLICY. (C)FULL DISCLOSURE: ANY FOUNDATION BOARD MEMBER, COMMITTEE MEMBER OR OFFICER HAVING A FINANCIAL INTEREST SHALL MAKE A PROMPT, FULL AND FRANK DISCLOSURE OF HIS OR HER FINANCIAL INTEREST TO THE EXECUTIVE DIRECTOR OR HIS/HER SELECTED DESIGNEE AND THE FOUNDATION BOARD (IN THE CASE OF FOUNDATION BOARD MEMBERS AND OFFICERS) OR COMMITTEE AT THE FIRST MEETING OF THE FOUNDATION BOARD OR COMMITTEE IN EACH YEAR OR PRIOR TO ITS ACTING ON SUCH TRANSACTION OR ARRANGEMENT. SUCH DISCLOSURE SHALL INCLUDE ANY RELEVANT AND MATERIAL FACTS KNOWN TO SUCH PERSON WHICH MIGHT REASONABLY BE CONSTRUED TO BE ADVERSE TO OR POTENTIALLY ADVERSE TO THE FOUNDATION'S INTEREST. (D)STANDARDS AND PROCEDURES: A FINANCIAL INTEREST IS NOT NECESSARILY A CONFLICT OF INTEREST. THE FOUNDATION BOARD (IN THE CASE OF DISCLOSURES BY FOUNDATION BOARD MEMBERS OR OFFICERS) OR COMMITTEE TO WHICH SUCH DISCLOSURE IS MADE SHALL DETERMINE, AS HEREINAFTER PROVIDED, WHETHER THE DISCLOSURE SHOWS THAT A CONFLICT OF INTEREST EXISTS OR CAN REASONABLY BE CONSTRUED TO EXIST. (I)THE FOUNDATION BOARD OR COMMITTEE MAY REQUEST THE PERSON TO PROVIDE FACTUAL INFORMATION REGARDING THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST AND THE PROPOSED TRANSACTION OR ARRANGEMENT. (II)THE INTERESTED PERSON SHALL (LEAVE THE FOUNDATION BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. A MAJORITY OF THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. (III)IF A CONFLICT OF INTEREST IS DEEMED TO EXIST, AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, THAT INTERESTED PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. (IV)IF DEEMED APPROPRIATE, THE FOUNDATION BOARD OR COMMITTEE MAY APPOINT A NON-INTERESTED PERSON OR COMMITTEE OR SUBCOMMITTEE, RESPECTIVELY, TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. (V)AT ANY MEETING OF THE FOUNDATION BOARD WHERE THE TRANSACTION OR ARRANGEMENT IS UNDER DISCUSSION OR IS BEING VOTED UPON, A QUORUM IS PRESENT IF A MAJORITY OF FOUNDATION BOARD MEMBERS WHO HAVE NO DIRECT OR INDIRECT PERSONAL INTEREST IN THE TRANSACTION OR ARRANGEMENT PARTICIPATE IN THE VOTE HELD TO AUTHORIZE, APPROVE OR RATIFY THE TRANSACTION OR ARRANGEMENT. (VI)IN ORDER TO APPROVE THE TRANSACTION OR ARRANGEMENT, THE FOUNDATION BOARD OR COMMITTEE MUST FIRST FIND, BY A MAJORITY VOTE WITHOUT COUNTING THE VOTE OF AN INTERESTED FOUNDATION BOARD MEMBER, THAT A. PROPOSED TRANSACTION OR ARRANGEMENT IS IN THE FOUNDATION'S BEST INTEREST AND FOR ITS OWN BENEFIT; B. THE PROPOSED TRANSACTION OR ARRANGEMENT IS FAIR AND REASONABLE TO THE FOUNDATION ; AND C. AFTER EXERCISING DUE DILIGENCE, THE FOUNDATION BOARD HAS DETERMINED THAT THE FOUNDATION CANNOT OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS UNDER THE CIRCUMSTANCES. (VII)THE MINUTES OF THE MEETINGS OF THE FOUNDATION BOARD OR COMMITTEE SHALL INCLUDE: A.THE NAMES OF THE PERSONS WHO DISCLOSED FINANCIAL INTERESTS, THE NATURE OF THE FINANCIAL INTERESTS AND WHETHER THE FOUNDATION BOARD OR COMMITTEE DETERMINED THERE WAS A CONFLICT OF INTEREST; AND B. THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT; THE CONTENT OF THOSE DISCUSSIONS, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT; AND A RECORD OF THE VOTE (INCLUDING ANY ROLL CALL, AND, WHERE APPLICABLE, THE ABSTENTION FROM VOTING AND PARTICIPATION, AND THAT A QUORUM WAS PRESENT) . (E)REGULAR ANNUAL STATEMENTS: THE FOUNDATION BOARD MEMBERS, COMMITTEE MEMBERS AND OFFICERS SHALL COMPLETE AND EXECUTE ANNUAL STATEMENTS THAT EACH OF T HEM: (I)RECEIVED A COPY OF THIS CONFLICT OF INTEREST POLICY; (II)HAS READ AND UNDERSTANDS THE POLICY; (III)AGREES TO COMPLY WITH THE POLICY (INCLUDING, TO THE BEST OF EACH OF THEIR KNOWLEDGE, FULLY DISCLOSING EXISTING AND POTENTIAL CONFLICTS OF INTEREST); (IV)UNDERSTANDS THAT THE POLICY APPLIES TO ALL COMMITTEES HAVING FOUNDATION BOARD-DELEGATED POWERS; (V)UNDERSTANDS THAT THE FOUNDATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS TAX EXEMPT STATUS, IT MUST CONTINUOUSLY ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE (1) OR MORE OF ITS TAX-EXEMPT PURPOSES; AND (VI)WILL USE HIS OR HER BEST EFFORTS TO AVOID SITUATIONS WHICH WOULD CREATE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST SITUATION. (F)COMPENSATION DETERMINATIONS: IN THE CASE OF ANY COMMITTEE CHARGED WITH DETERMINING COMPENSATION, SUCH COMMITTEE SHALL FOLLOW THESE ADDITIONAL GUIDELINES: (I)OFFICERS, EMPLOYEES OR OTHER "INSIDERS" AS DESCRIBED UNDER THE CODE, WHO RECEIVE, DIRECTLY OR INDIRECTLY, COMPENSATION FROM THE FOUNDATION FOR SERVICES AS EMPLOYEES OR AS INDEPENDENT CONTRACTORS SHALL NOT SERVE AS MEMBERS OF SUCH COMMITTEE FOR PURPOSES OF DETERMINING COMPENSATION NOR ATTEMPT TO INFLUENCE THE COMMITTEE TO THE BENEFIT OF SUCH MEMBER BUT, IF REQUESTED, MAY PROVIDE INFORMATION TO SUCH COMMITTEE REGARDING THE MEMBER'S COMPENSATION; AND (II)A VOTING MEMBER OF SUCH A COMMITTEE WHO HAS A CONFLICT OF INTEREST IN THE FOUNDATION FROM WHICH THE MEMBER RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, SHALL NOT PARTICIPATE, ATTEMPT TO INFLUENCE OR VOTE ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. (G)PERIODIC REVIEWS PROCEDURES: IN ADDITION TO THE NORMAL BUSINESS ACTIVITIES OF THE FOUNDATION, THE FOUNDATION BOARD (OR ITS DELEGATE) SHALL CONDUCT PERIODIC REVIEWS OF THE FOUNDATION'S ACTIVITIES AS NEEDED TO ENSURE THAT THE FOUNDATION IS OPERATING IN A MANNER CONSISTENT WITH ACCOMPLISHING ITS CHARITABLE PURPOSES AND THAT ITS OPERATIONS DO NOT RESULT IN PRIVATE INUREMENT OR IMPERMISSIBLE BENEFIT TO PRIVATE INTERESTS. (H)CORRECTIVE AND DISCIPLINARY ACTION: THE FOUNDATION BOARD OR COMMITTEE MAY TAKE APPROPRIATE DISCIPLINARY ACTION WITH RESPECT TO AN INTERESTED PERSON WHO VIOLATES THE CONFLICT OF INTEREST POLICY, IN ORDER TO PROTECT THE ORGANIZATION'S BEST INTERESTS. THE VIOLATION OF THIS CONFLICT OF INTEREST POLICY IS A SERIOUS MATTER AND MAY CONSTITUTE "CAUSE" FOR REMOVAL OR TERMINATION OF A FOUNDATION BOARD MEMBER, COMMITTEE MEMBER OR OFFICER, AS WELL AS ANY OTHER AVAILABLE REMEDY AT LAW. |
| FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE TO THE PUBLIC UPON REQUEST |
| FORM 990, PART XI, LINE 9 | CAPITAL TRANSFER FROM RELATED ORGANIZATION 297,706 FUNDRAISING COSTS NETTED IN REVENUE 2,545 FUNDRAISING COSTS NETTED IN REVENUE -2,545 TOTAL 297,706 |
| Software ID: | |
| Software Version: |