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 | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 66,025,001 | 76,174,070 | 74,670,489 | 216,869,560 | ||
| 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 | 66,025,001 | 76,174,070 | 74,670,489 | 216,869,560 | ||
| 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) .. | 100,526,506 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 116,343,054 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 66,025,001 | 76,174,070 | 74,670,489 | 216,869,560 | ||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 540,592 | 286,762 | 19,187 | 846,541 | ||
| 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.).. | 2,000,000 | 511,178 | 2,511,178 | |||
| 11 | Total support. Add lines 7 through 10 | 220,227,279 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (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) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (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 on 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 2021 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-2021 |
(iii) Distributable Amount for 2021 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2021 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2021 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2021: | ||||
| a From 2016....... | ||||
| b From 2017....... | ||||
| c From 2018....... | ||||
| d From 2019....... | ||||
| e From 2020....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2021 distributable amount | ||||
|
i
Carryover from 2016 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2021 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2021 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2021, 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 2021. 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 2022. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2017..... | ||||
| b Excess from 2018..... | ||||
| c Excess from 2019..... | ||||
| d Excess from 2020..... | ||||
| e Excess from 2021..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: | OTHER INCOME REFERS TO COST REFUND FROM CLOSED PROJECTS. |
| 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, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: | INFRASTRUCTURE: WITH THREE BILLION PEOPLE HAVING NO ACCESS TO ORGANISED WASTE MANAGEMENT SYSTEMS, MANY CITIES (AND COUNTRIES) LACK THE REQUISITE INFRASTRUCTURE TO PROPERLY RECOVER AND RECYCLE WASTE. THE INFRASTRUCTURE PILLAR IS A CRITICAL PART OF OUR STRATEGY. THEREFORE, THE ALLIANCE HAS COMMITTED SIGNIFICANT RESOURCES TO PROJECTS THAT ARE BUILDING BASIC WASTE MANAGEMENT INFRASTRUCTURE, INCLUDING HOUSEHOLD COLLECTION, PROCESSING THROUGH MATERIAL RECOVERY FACILITIES (MRFS), AND RECYCLING OR RECOVERY OF THE VALUE OF PLASTIC WASTE. SELECTED PROJECTS FROM THE ALLIANCE PORTFOLIO CONTRIBUTING TO THE INFRASTRUCTURE PILLAR ARE DETAILED BELOW: THE BERSIH INDONESIA: ELIMINASI SAMPAH PLASTIK (CLEAN INDONESIA: ELIMINATION OF PLASTIC WASTE) PROGRAMME WAS INITIATED IN 2021 WITH THE CONCLUSION OF A FEASIBILITY STUDY THAT IDENTIFIED THREE TARGETED REGENCIES (DISTRICTS) IN INDONESIA WITH MALANG IN EAST JAVA BEING THE FIRST PROJECT LOCATION. TOGETHER WITH THE MALANG REGENCY GOVERNMENT, DETAILED DESIGN WORK WAS CARRIED OUT TARGETING THE PROVISION OF WASTE MANAGEMENT SERVICES TO 2.6 MILLION PEOPLE ACROSS AN AREA OF 3500 SQUARE KILOMETRES. THE PROJECT HAS DEVELOPED PLANS FOR A COMPREHENSIVE WASTE COLLECTION AND PROCESSING INFRASTRUCTURE THAT WILL BE OWNED AND OPERATED BY THE REGENCY GOVERNMENT, COMPRISING 5 MATERIAL RECOVERY FACILITIES AND 5 TRANSFER STATIONS, EMPLOYING MORE THAN 3,000 WORKERS. PROJECT STOP IN THE JEMBRANA REGENCY, INDONESIA WAS SPONSORED BY THE ALLIANCE ALONG WITH BOREALIS GMBH AND SYSTEMIQ. THIS ACTIVITY IMPLEMENTS AN INTEGRATED WASTE MANAGEMENT SYSTEM AND RELATED INFRASTRUCTURE. IN 2021, THE SYSTEM CAME INTO OPERATION WITH THE START-UP OF THE MATERIAL RECOVERY FACILITY AND THE SEQUENTIAL ROLL-OUT OF THE PROGRAMME THAT IS ULTIMATELY TARGETING THE PROVISION OF WASTE MANAGEMENT SERVICES TO 42,000 HOUSEHOLDS ACROSS 22 VILLAGES. IN PARTNERSHIP WITH THE REGENCY GOVERNMENT, THE SYSTEM IS ENROLLING THE LOCAL COMMUNITY IN WASTE MANAGEMENT BEST-PRACTICES, PROVIDING HOUSEHOLD COLLECTION OF SEGREGATED WASTE STREAMS THAT ARE SORTED AT THE MRF, WITH RECYCLABLES CONSOLIDATED FOR SALE. THE CLOSING THE LOOP PROJECT FROM THE ASASE FOUNDATION IN ACCRA, GHANA, RAMPED UP OPERATIONS AT COLLECTION LOCATIONS AND AT THE FIRST CASH IT! SORTING AND PROCESSING PLANT. THE PROJECT SUPPORTS LOCAL ENTREPRENEURS FROM VULNERABLE COMMUNITIES IN THE COASTAL CITY OF ACCRA IN GHANA VIA A SIMPLE AND EFFECTIVE METHOD. PLASTIC WASTE IS COLLECTED AND SOLD TO CASH IT!, WASHED AND GRINDED, AND SOLD TO BE REUSED IN PRODUCTS SUCH AS HOUSEHOLD OR BUILDING MATERIALS. NOT ONLY ARE THE WASTE MANAGEMENT ISSUES ADDRESSED IN ACCRA, BUT THE UNLOCKED VALUE OF PLASTIC WASTE IS CHANNELLED BACK TO THESE COMMUNITIES IN THE FORM OF JOBS AND NEW INCOME STREAMS. WORK STARTED IN 2021 ON THE SECOND CASH IT! PLANT SUPPORTED WITH CO-FUNDING FROM EUROPE AID. THE PLANKS OF PROMISE PROJECT RAMPED UP SUBSTANTIALLY DURING 2021. THE PLASTIC FLAMINGO (THE PLAF) HAS ESTABLISHED A FACTORY AND NETWORK OF MORE THAN 200 COLLECTION POINTS IN METRO MANILA AND BEYOND, TO COLLECT AND PROCESS PLASTIC WASTE INTO PLASTIC BUILDING PRODUCTS INCLUDING BOARDS AND PLANKS. THE FIRST PROTOTYPE SHELTER BUILDING WAS COMPLETED USING PLAF PRODUCTS AND SALES OF THEIR PRODUCTS FOR USE IN OTHER APPLICATIONS INCLUDING DECKING AND OUTDOOR FURNITURE COMMENCED. RECOGNISING THE CHALLENGE OF CREATING VALUE FROM LOW VALUE PLASTIC WASTE, THE ALLIANCE PARTNERED WITH CRDC GLOBAL TO SUPPORT THE RAMP UP OF THEIR RESIN8 TECHNOLOGY AT TWO LOCATIONS IN SAN JOSE, COSTA RICA AND PENNSYLVANIA, USA. RESIN8 IS AN INNOVATIVE TECHNOLOGY FOR CONVERTING CO-MINGLED AND DIFFICULT TO-RECYCLE PLASTIC WASTE (INCLUDING MRF RESIDUALS AND RIVER/OCEAN BOUND PLASTIC) INTO A HIGH-VALUE, LIGHTWEIGHT AGGREGATE. THIS IS UTILIZED AS A CONCRETE MODIFIER IN STRUCTURAL AND NON-STRUCTURAL CONCRETE PRODUCTS, ENHANCING END-CHARACTERISTICS SUCH AS STRENGTH, WEIGHT, AND THERMAL PROPERTIES. THE ALLIANCE SUPPORTED THE CIRCULAIRE ABIDJAN PROJECT WITH COLIBA AFRICA IN IVORY COAST TO COLLECT AND PROCESS RIGID PLASTIC WASTE. THE PROJECT IS DEPLOYING COLLECTION BINS AT SERVICE STATIONS AND OTHER LOCATIONS, AS WELL AS BUY-BACK CENTERS HOUSED IN 40 FT CONTAINERS LOCATED AROUND ABIDJAN. COLLECTED WASTE IS WASHED AND GRINDED AT AN EXISTING SMALL FACILITY. THE ALLIANCE IS SUPPORTING THE ESTABLISHMENT OF A NEW STATE-OF-THE-ART PET RECYCLING PLANT BY FUNDING THE PURCHASE OF PROCESSING EQUIPMENT THAT WILL ENABLE COLIBA AFRICA TO SCALE UP CAPACITY. |
| FORM 990, PART III, PROGRAM SERVICE ACCOMPLISHMENTS: | PROGRAM SERVICE ACCOMPLISHMENTS IN 2021, THE ALLIANCE FURTHER EXPANDED ITS PROJECT PORTFOLIO TO MORE THAN 40 INITIATIVES ACROSS ALL FOUR STRATEGIC PILLARS TO ADDRESS THE PLASTIC WASTE CHALLENGE SUPPORTING THE DEVELOPMENT OF A CIRCULAR ECONOMY FOR PLASTIC. |
| FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS: | INNOVATION: INNOVATION IS VITAL TO ADVANCE TECHNOLOGIES, AND WE SUPPORT AND INCUBATE IDEAS TO SCALE NEW SOLUTIONS TOWARDS ACHIEVING A CIRCULAR ECONOMY FOR PLASTIC. INNOVATIONS CAN COME FROM ANYWHERE AND THE ALLIANCE IS FOCUSED ON IDENTIFYING AND ENABLING INNOVATORS AND ENTREPRENEURS WITH SOLUTIONS TO ADDRESS THE PLASTIC WASTE CHALLENGE. INNOVATIVE IDEAS FEATURE IN MANY OF THE ALLIANCE'S PROJECTS, WHERE WE SERVE TO DE-RISK NEW IDEAS AND ENABLE PROOF OF CONCEPT. SPECIFICALLY, THE ALLIANCE WORKS WITH DIFFERENT PLATFORMS TO IDENTIFY AND SUPPORT INNOVATIVE START-UPS AND VENTURES. SELECTED PROJECTS FROM THE ALLIANCE INNOVATION PILLAR ARE DETAILED BELOW: THE ALLIANCE HAS SPONSORED THE PLUG AND PLAY TECH CENTER END PLASTIC WASTE INNOVATION PLATFORMTO FOSTER START-UPS FROM ACROSS THE PLASTIC VALUE CHAIN AND TRANSFORM PLASTIC WASTE MANAGEMENT AROUND THE WORLD. THE PROGRAM EXPANDED IN 2021, WITH THE ADDITION OF THREE NEW HUBS IN SHANGHAI, CHINA; JOHANNESBURG, SOUTH AFRICA; AND SAO PAOLO, BRAZIL, JOINING THE EXISTING LOCATIONS OF SILICON VALLEY, PARIS, AND SINGAPORE. SINCE INCEPTION THE PROGRAMME HAS ATTRACTED OVER 3,000 START-UPS WITH MORE THAN 100 FINALISTS PARTICIPATING IN OUR ACCELERATOR PROGRAMMES. THE PLATFORM IDENTIFIES INNOVATIVE IDEAS IN THE FOLLOWING KEY AREAS: 1) COLLECTION, MANAGEMENT, AND SORTING OF PLASTIC WASTE; 2) RECYCLING AND PROCESSING TECHNOLOGIES; 3) EXTRACTION AND VALUE CREATION FROM POST RECYCLE PLASTICS. THE ALLIANCE SPONSORS THE INCUBATION NETWORK BY THE CIRCULATE INITIATIVE & SECONDMUSE WHICH ACTS AS CATALYST FOR ACTION AND INVESTMENT IN THE CIRCULAR ECONOMY THAT AIMS TO PREVENT THE FLOW OF PLASTIC WASTE INTO THE WORLD'S OCEANS. THE INCUBATION NETWORK HAS DESIGNED AND DELIVERED PROGRAMS THAT DRIVE INVESTMENT, INNOVATION, AND PARTNERSHIPS FOR INCLUSIVE AND GENDER-RESPONSIVE WASTE MANAGEMENT AND CIRCULAR ECONOMY SOLUTIONS. SEVERAL NEW PROGRAMMES WERE LAUNCHED IN 2021, IDENTIFYING AND SUPPORTING START-UPS IN THE SOUTH AND SOUTHEAST ASIA REGION. IN SEPTEMBER 2021, THE EUROPEAN BRANDS ASSOCIATION, AIM, AND THE ALLIANCE ANNOUNCED A PARTNERSHIP TO DRIVE THE NEXT STAGE OF DEVELOPMENT FOR INTELLIGENT WASTE SORTING UNDER THE DIGITAL WATERMARKS INITIATIVE, HOLYGRAIL 2.0. TOGETHER, WE CONDUCTED WITH THE CITY OF COPENHAGEN A SEMI-INDUSTRIAL TRIALS. HOLYGRAIL 2.0 BRINGS DEVELOPERS ONE STEP CLOSER TO PRECISION IDENTIFICATION AND SORTING OF PLASTIC PACKAGING WASTE THROUGH DIGITAL WATERMARKS. WITH THIS PROCESS COMES THE POTENTIAL TO TAKE A MAJOR STEP FORWARD IN THE SORTING OF PLASTIC WASTE FOR RECYCLING. THE ALLIANCE INITIATED A PRIZE CHALLENGE WITH CARROT, A SPECIALIST FIRM DEVELOPING AND IMPLEMENTING COMPETITIONS TO UNCOVER INNOVATIVE SOLUTIONS TO SOME OF THE WORLD'S GREATEST CHALLENGES. THE ALLIANCE PRIZE IN CIRCULAR SOLUTIONS FOR FLEXIBLES WILL AWARD $3M TO A SCALABLE, INNOVATIVE SOLUTION THAT EXTRACTS A HIGH VALUE OF HIGH-QUALITY, FIT-FOR-PURPOSE RECYCLATESFROMFLEXIBLE FILMSFOUND INHOUSEHOLD WASTE WITH THE WINNER TO BE ANNOUNCED IN Q4 2022. |
| FORM 990, PART III, LINE 4C, PROGRAM SERVICE ACCOMPLISHMENTS: | EDUCATION & ENGAGEMENT: EDUCATION AND ENGAGEMENT IS AN IMPORTANT STRATEGIC PILLAR OF THE ALLIANCE'S MISSION TO HELP END PLASTIC WASTE IN THE ENVIRONMENT. WE BELIEVE LASTING CHANGE IS POSSIBLE WHEN PEOPLE UNDERSTAND THEIR ROLE IN ADDRESSING PLASTIC WASTE AND PARTICIPATE IN SOLUTIONS THAT WILL CONTRIBUTE TO THE COLLECTION AND RECOVERY OF PLASTIC WASTE, THEREBY REDUCING ITS LEAKAGE INTO THE ENVIRONMENT. THIS ALLIANCE PILLAR FEATURES IN MANY OF THE PROJECTS THE ALLIANCE UNDERTOOK IN 2021. PROGRAMME ACTIVITIES INCLUDING PROJECT AVIRAL IN RISHIKESH AND HARIDWAR, INDIA; PROJECT STOP IN JEMBRANA, INDONESIA; PLANKS OF PROMISE IN MANILA, PHILIPPINES; PROJECT GIRO IN OLAVARRIA, ARGENTINA; RAYONG WASTE LESS IN THAILAND. THESE PROGRAMMES AND OTHERS ALL INCLUDE IMPORTANT EDUCATION AND COMMUNITY ENGAGEMENT COMPONENTS IN ADDITION TO PROVIDING INFRASTRUCTURE. SPECIFICALLY, THESE PROGRAMS INCLUDE THE DEVELOPMENT OF EDUCATION AND TRAINING MATERIALS, COMMUNITY OUTREACH EFFORTS, TRAINING OF WASTE WORKERS, AND ENGAGEMENT WITH SCHOOL CHILDREN. THESE EFFORTS HAVE THE GOAL OF SHARING KNOWLEDGE AND FOSTERING ENGAGEMENT, WHICH ALONGSIDE ALLIANCE INVESTMENTS IN INTEGRATED WASTE MANAGEMENT INFRASTRUCTURE, PROVIDE COMMUNITIES WITH THE EDUCATIONAL TOOLS NEEDED FOR CHANGE. IN 2021, DEDICATED EDUCATION PROJECTS WERE LAUNCHED WITH SOCEO IN CALCUTTA, INDIA AND PLASTIC BANK IN BALI, INDONESIA. BOTH OF THESE PROJECTS INVOLVED DEVELOPING CURRICULUM MATERIALS TO IMPROVE UNDERSTANDING ABOUT PLASTIC, WASTE MANAGEMENT AND RECYCLING. SPECIFICALLY, THE OCEAN STEWARDS PROGRAMME WITH PLASTIC BANK TARGETS A TOTAL OF 20 SCHOOLS JOINING THE CURRICULUM'S PILOT LAUNCH, WHICH ALSO INVOLVES TEACHER TRAINING WITH LEARNING RESOURCES FROM PLASTIC BANK. OVER TIME, THE GOAL OF THE PROGRAMME IS TO EVOLVE INTO A DIGITAL EDUCATION MODEL THAT CAN BE RAPIDLY SCALED ACROSS SCHOOLS WORLDWIDE. THE ALLIANCE ALSO ENGAGED WITH UNIVERSITIES IN SOUTH EAST ASIA SPONSORING RESEARCH IN A NUMBER OF AREAS THAT WILL CONTRIBUTE TO HELP ENDING PLASTIC WASTE AND TRAINING THE NEXT GENERATION OF SCIENTISTS AND PROFESSIONALS TO CONTRIBUTE TO A CIRCULAR ECONOMY FOR PLASTICS. THIS INCLUDES THE RECYCLED PLASTIC IN ROADS PROJECT, JOINTLY UNDERTAKEN WITH THE CHIANG MAI UNIVERSITY IN THAILAND, AND THE NATIONAL UNIVERSITY OF SINGAPORE. LASTLY, WE HAVE ENGAGED IN A GRANT CALL WITH NANYANG TECHNOLOGICAL UNIVERSITY IN SINGAPORE, PARTICIPATING IN THE FUNDING OF A GRANT CALL UNDER THEIR ACCELERATING CREATIVITY AND EXCELLENCE (ACE) PROGRAM TO FUND THE DEVELOPMENT OF NOVEL, EARLY-STAGE IDEAS THAT WILL CONTRIBUTE TO HELP ENDING PLASTIC WASTE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE PRESIDENT & CEO THEN THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL TO RELEASE BEFORE IT IS CIRCULATED TO THE BOARD OF DIRECTORS AND FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE DIRECTORS, OFFICER, EMPLOYEES & REPRESENTATIVES OF AEPW ARE SUBJECT TO AEPW'S CONFLICT OF INTEREST POLICY & PROCEDURES. EACH DIRECTOR IS PROVIDED WITH A COPY OF AEPW'S CONFLICT OF INTEREST POLICY & PROCEDURES AND SIGNS AN ANNUAL ACKNOWLEDGEMENT OF THE POLICY & PROCEDURES, WITH DISCLOSURE OF ANY CONFLICT OR POTENTIAL CONFLICTS OF INTEREST. A REMINDER OF AEPW'S CONFLICT OF INTEREST POLICY & PROCEDURE IS GIVEN AT EACH MEETING HOSTED BY THE ALLIANCE, INCLUDING BOARD AND EXCOM MEETINGS. THE POLICY PROVIDES THAT POTENTIAL CONFLICTS OF INTEREST MUST BE DISCLOSED TO AEPW'S GENERAL COUNSEL AT THE EARLIEST POSSIBLE JUNCTURE. DIRECTORS, OFFICER, EMPLOYEES & REPRESENTATIVES WHO ARE SUBJECT TO A CONFLICT OF INTEREST MAY NOT PARTICIPATE IN CONSIDERATION OF PROPOSED TRANSACTIONS FOR WHICH THEY HAVE CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 | DECISIONS WITH REGARDS TO THE COMPENSATION OF THE CEO AND KEY EMPLOYEES ARE MADE BY THE COMPENSATION COMMITTEE AND THE REPRESENTATIVES OF THE BOARD OF THE ALLIANCE. THE COMPENSATION PACKAGE FOR THE CEO AND KEY EMPLOYEES ARE BASED ON GLOBAL MARKET STANDINGS INCLUDING CONSIDERATIONS FOR SINGAPORE. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IMPACT OF THE COVID-19 PANDEMIC | ON JANUARY 30, 2020, THE WORLD HEALTH ORGANIZATION DECLARED THE CORONAVIRUS OUTBREAK A "PUBLIC HEALTH EMERGENCY OF INTERNATIONAL CONCERN AND ON MARCH 10, 2020, DECLARED IT TO BE A PANDEMIC. ACTIONS TAKEN AROUND THE WORLD TO HELP MITIGATE THE SPREAD OF THE CORONAVIRUS INCLUDE RESTRICTIONS ON TRAVEL, AND QUARANTINES IN CERTAIN AREAS, AND FORCED CLOSURES FOR CERTAIN TYPES OF PUBLIC PLACES AND BUSINESSES. THE CORONAVIRUS AND ACTIONS TAKEN TO MITIGATE IT HAVE HAD AND ARE EXPECTED TO CONTINUE TO HAVE AN ADVERSE IMPACT ON THE ECONOMIES AND FINANCIAL MARKETS, INCLUDING THE GEOGRAPHICAL AREA AND SECTORS IN WHICH THE ALLIANCE OPERATES. MANAGEMENT WILL CONTINUE TO REVIEW THE COVID 19 SITUATION AND ADJUST ITS PLANNED EXPENDITURE IF THERE IS POTENTIAL SIGNIFICANT IMPACT ON THE CONSOLIDATED FINANCIAL POSITION AND ACTIVITIES OF THE ALLIANCE. |
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| Software Version: |