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) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (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)
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(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (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) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 228,228 | 380,725 | 407,852 | 1,016,805 | ||
| 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 | 15,526 | 216,283 | 303,260 | 535,069 | ||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | 300 | 300 | ||||
| 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 | 300 | 243,754 | 597,008 | 711,112 | 1,552,174 | |
| 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.) | 1,552,174 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 300 | 243,754 | 597,008 | 711,112 | 1,552,174 | |
| 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.).. | 300 | 243,754 | 597,008 | 711,112 | 1,552,174 | |
| 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 2022 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-2022 |
(iii) Distributable Amount for 2022 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2022 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2022: | ||||
| a From 2017....... | ||||
| b From 2018....... | ||||
| c From 2019....... | ||||
| d From 2020....... | ||||
| e From 2021....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2022 distributable amount | ||||
|
i
Carryover from 2017 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2022 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2022 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2022, 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 2022. 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 2023. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2018..... | ||||
| b Excess from 2019..... | ||||
| c Excess from 2020..... | ||||
| d Excess from 2021..... | ||||
| e Excess from 2022..... | ||||
| 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 - ORGANIZATION'S MISSION | FWLE IS A NONPROFIT CORPORATION ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, FOR THE SPECIFIC OBJECTIVE OF ADVANCING THE PERSONAL AND PROFESSIONAL GROWTH OF WOMEN OF ALL BACKGROUNDS, INCLUDING WOMEN OF COLOR, TO ACHIEVE THEIR HIGHEST POTENTIAL AS LEADERS OF OUR WORKPLACES, COMMUNITIES, AND SOCIETY IN EQUAL PARTNERSHIP WITH MEN. THE CORPORATION'S INITIATIVES, PROGRAMS AND EVENTS ARE PRIMARILY AIMED AT THE EDUCATION AND DEVELOPMENT OF WOMEN AND GIRLS, BUT ARE OPEN AND INCLUSIVE OF MEN AS WELL, AND STRIVE TO IMPART LEADERSHIP LESSONS TO PERSONS OF ALL WALKS OF LIFE. MORE SPECIFICALLY, AT A TIME (2023) WHEN CONCERNS ARE MOUNTING THAT THE ELEVATION OF WOMEN TO LEADERSHIP POSITIONS IN AMERICA SEEMS TO HAVE PLATEAUED AT STILL UNEQUAL LEVELS, FWLE AIMS TO CONTINUE EXPANSION OF THE PIPELINE OF WOMEN LEADERS AND HELP ELIMINATE THE GENDER/RACIAL LEADERSHIP DISPARITY IN AMERICA'S WORKPLACES, COMMUNITIES, AND SOCIETY THROUGH TARGETED EDUCATION PROGRAMS. OUR ASPIRATIONAL GOALS ARE MULTI-DIMENSIONAL: EMPOWER: INSPIRE AND MOTIVATE WOMEN AND MEN TO TRANSCEND THE TRADITIONAL BOUNDARIES IMPOSED UPON THEM - WHETHER INTERNAL OR EXTERNAL, AND EXPAND THEIR SELF-CONFIDENCE, SELF-DETERMINATION AND CAPACITY TO REACH THEIR HIGHEST LEVEL OF PERSONAL AND PROFESSIONAL EXCELLENCE. EDUCATE: PRODUCE ACCESSIBLE LEADERSHIP/EMPOWERMENT CONFERENCES AND OTHER TYPES OF PROGRAMS CURATED TO EDUCATE AND TRAIN WOMEN AND MEN IN THE CORE COMPETENCIES AND SKILLS ESSENTIAL TO LEADERSHIP, SELF-DETERMINATION, SELF- ADVOCACY, CAREER PLANNING AND CAREER PROGRESSION -INCLUDING FOCUS ON THE DISTINCT CHALLENGES WOMEN AND MEN OF COLOR CONFRONT, AND SUCCESS STRATEGIES TO OVERCOME THE SAME. ADVOCATE: SUPPORT THE UNITED NATION'S SUSTAINABLE DEVELOPMENT GOAL 5 TO END DISCRIMINATION AND ACHIEVE GENDER EQUALITY FOR ALL WOMEN AND GIRLS - THROUGH ADVOCACY AND PERFORMANCE OF THE MISSION OF FWLE. DONATE: GIVE PHILANTHROPIC SUPPORT TO OTHER NONPROFIT ORGANIZATIONS, PROGRAMS OR INITIATIVES THAT ARE DEDICATED TO THE DEVELOPMENT AND WELFARE OF WOMEN AND GIRLS - TO THE EXTENT PRACTICABLE AND WITHIN FWLE'S FINANCIAL RESOURCES. |
| FORM 990, PAGE 2, PART III, LINE 4A | THE WOMEN'S LEADERSHIP CONFERENCE: THE FOUNDATION FOR WOMEN'S LEADERSHIP & EMPOWERMENT ("FWLE")ASSUMED THE ROLE OF OWNER AND PRODUCER OF THE PRE- EXISTING ANNUAL WOMEN'S LEADERSHIP CONFERENCE ("WLC") PURSUANT TO A CHARITABLE DONATION FROM THE MGM RESORTS FOUNDATION EFFECTIVE AS OF DECEMBER 31, 2019. THE AUGUST 2019 WLC WAS THE LAST CONFERENCE PRODUCED BY THE MGM RESORTS FOUNDATION. IT WAS CONTEMPLATED THAT FWLE WOULD PRODUCE AND PRESENT WLC AS ITS ANCHOR PROGRAM, BUT ALSO DEVELOP OTHER PROGRAMS AND TOOLS TO ADVANCE ITS MISSION. AFTER CANCELLATION OF THE ANNUAL WLC IN 2020 DUE TO THE COVID-19 PANDEMIC, THE WLC RETURNED IN 2021 WITH A ONE-DAY LIVE FORMAT, AND FOR THE FIRST TIME, A CONTEMPORANEOUS VIRTUAL PROGRAM, DUE TO THE PANDEMIC'S CONTINUING IMPACT. 2021 WLC ATTRACTED A TOTAL OF 765 LIVE (586) AND VIRTUAL (179)REGISTRANTS - BELOW PRE-PANDEMIC LEVELS FOR LIVE ATTENDEES DUE TO COVID-19 HESITANCY. OUR 2022 WLC RETURNED TO ITS TWO-DAY LIVE CONFERENCE FORMAT WITH A VIRTUAL PROGRAM COMPONENT ON AUGUST 7-8, 2022. THE 15TH ANNIVERSARY OF ITS PRESENTATION, 2022 WLC ATTRACTED 736 TOTAL PARTICIPANTS - 656 LIVE AND 80 VIRTUAL. THE CONFERENCE FEATURED THE FOLLOWING ELEMENTS: MAINSTAGE PRESENTATIONS BY KEYNOTE SPEAKERS, PRIMARILY WOMEN, WHO ARE ACCLAIMED CROSS-INDUSTRY ROLE MODELS FROM ALL LEVELS OF LEADERSHIP. 2022 SPEAKERS INCLUDED MARIANA ATENCIO, AWARD-WINNING TV HOST, BEST-SELLING AUTHOR AND CO-FOUNDER OF GOLIKE; LAUREN BEANE, CHIEF OF STAFF, CISCO CUSTOMER EXPERIENCE LIFE CYCLE JOURNEY AND ENTREPRENEUR; WHITNEE HAWTHORNE, CEO, THE SAVVY WORKING MOM; DR. ROMIE MUSHTAQ, TRIPLE BOARD-CERTIFIED NEUROLOGIST, AWARD-WINNING WELLNESS EXPERT AND FOUNDER OF "BRAINSHIFT AT WORK-; MARILYN SHERMAN, HALL OF FAME PRESENTER "THE SEAT OF SUCCESS: HOW TOP PERFORMERS NEVER SETTLE FOR BALCONY SEATS-; AND MICHELLE SINGLETARY, NATIONALLY SYNDICATED PERSONAL FINANCE COLUMNIST FOR THE WASHINGTON POST AND AUTHOR OF THE AWARD-WINNING COLUMN, "THE COLOR OF MONEY." "MULTI-FACETED GROUP WORKSHOPS LED BY SUBJECT MATTER EXPERTS WHO TEACH LEADERSHIP COMPETENCIES AND SKILLS AND EXPLORE REAL-LIFE ISSUES AND SITUATIONS. TWENTY-ONE EDUCATION SESSIONS WERE PRESENTED ACROSS THREE DIFFERENT CAREER TRACKS - EMERGING LEADERS, EMERGING EXECUTIVES, AND EXECUTIVES - INCLUDING SUCH TOPICS AS LEADERSHIP AND BUSINESS ACUMEN; BUILDING YOUR LEADERSHIP BRAND; CAREER NAVIGATION; CAREER ADVICE YOU PROBABLY NEVER GOT; STRATEGIC RELATIONSHIPS FOR BUSINESS SUCCESS; BUSINESS STRATEGY; MANAGING COMPLEXITY; HIGH STAKES NEGOTIATIONS; AND BOARD SAVVY. INDIVIDUAL CAREER GUIDANCE SESSIONS WITH PROFESSIONAL COACHES BY APPOINTMENT ONLY. TWENTY-FIVE PARTICIPANTS WERE SELECTED FOR AND ASSIGNED INDIVIDUAL ONE-HOUR POST-CONFERENCE SESSIONS WITH PROFESSIONAL CAREER COACHES. "PEER DISCUSSION WITH HIGH-ACHIEVING COLLEAGUES FROM DIVERSE BACKGROUNDS AND WORKPLACES AND PROFESSIONAL NETWORKING. OUR WLC CONFERENCE PROVIDES AMPLE OPPORTUNITIES FOR PARTICIPANTS TO MAKE NEW CONNECTIONS AND BUILD ON PERSONAL AND PROFESSIONAL RELATIONSHIPS. 96% OF THE RESPONDENTS TO THE 2022 WLC SURVEY INDICATED THAT THE CONFERENCE MET OR EXCEEDED THEIR EXPECTATIONS; 97% RATED THE MAIN STAGE SPEAKERS AS EXCELLENT OR NEXT TO EXCELLENT; AND THE EDUCATION SESSION SPEAKERS LIKEWISE RECEIVED HIGH MARKS (92% FOR EMERGING LEADER; 95% FOR EMERGING EXECUTIVE; AND 84% FOR EXECUTIVE TRACKS). THE 2022 WOMEN'S LEADERSHIP CONFERENCE BOOKED TOTAL REVENUE OF 1,050,426.00, AND INCURRED EXPENSES OF 1,105,823. |
| FORM 990, PAGE 2, PART III, LINE 4B | ASPIRING WOMEN: IN 2022 FWLE PRODUCED ASPIRING WOMEN SERIES II: PRESENTED BY FWLE, THE FOUNDATION'S ANCHOR VIRTUAL PROGRAM, FOUNDED ON THE TWO-FOLD PREMISE THAT TODAY'S LEADERS HAVE A THIRST FOR CONTINUOUS LEARNING BEYOND OUR TWO-DAY WOMEN'S LEADERSHIP CONFERENCE ("WLC"), AND A BROAD AUDIENCE CAN BE REACHED THROUGH A VIRTUAL PLATFORM. ASPIRING WOMEN II ACHIEVED 2,527 TOTAL REGISTRANTS ACROSS ITS SIX SESSIONS, DEMONSTRATING THE DESIRE OF LEADERS FOR CONTINUOUS LEARNING. LIKE WLC, ASPIRING WOMEN FEATURES BOTH INSPIRATIONAL AND SKILLS-BASED TOPICS THAT ARE DESIGNED TO ADDRESS PRACTICAL CHALLENGES THAT 21ST CENTURY LEADERS - WOMEN, WOMEN OF COLOR AND SOME MEN CONFRONT, AND THAT GO UNADDRESSED IN THEIR WORKPLACES. ASPIRING WOMEN II SESSIONS INCLUDED SESSION 1: "THE HOPE-DRIVEN LEADER: LEADING THROUGH CHANGE & CHALLENGE" (PRESENTED BY LIBBY GILL); SESSION 2: "TGIM - THANK GOD IT'S MONDAY: ALIGNING YOUR CAREER WITH YOUR PASSION AND CAPABILITIES" (PRESENTED BY MISSY HALLEAD); SESSION 3: "BECOMING A SHIFTTHINKER: SUCCESS AMIDST UNCERTAINTY" (PRESENTED BY DR. KEVIN SNYDER); SESSION 4: "THE FEMALE ADVANTAGE" (PRESENTED BY ANNE LEETS); SESSION 5: "BRAINSHIFT: 3 STEPS TO BREAK YOUR STRESS-SUCCESS CYCLE" (PRESENTED BY DR. ROMIE MUSHTAQ); AND SESSION 6: "VIBRANT AGING: CREATING A FEARLESS MINDSET" (PRESENTED BY CHRIS JOHNSON). THE ASPIRING WOMEN II PROGRAM PRESENTED IN 2022 WAS PRESENTED THROUGH PROCEEDS OF A SPONSORSHIP GRANT FOR 30,000.00 WHICH WAS RECEIVED AND BOOKED NEAR THE END OF 2021; THIS PROGRAM INCURRED EXPENSES OF 49,710.00. |
| FORM 990, PAGE 2, PART III, LINE 4D | OTHER: ASIDE FROM THE WLC AND ASPIRING WOMEN PRODUCTIONS, FWLE IS IN THE PROCESS OF FORMULATING OTHER TYPES OF LEADERSHIP PROGRAMS THROUGH OTHER MEDIA, SUCH AS PRODUCTION OF VIRTUAL COMPUTER-BASED PROGRAMS (OF VARYING LENGTH) THAT EXAMINE DIFFERENT DIMENSIONS OF LEADERSHIP COMPETENCIES; PRESENT PROFILES OF LEADERSHIP COURAGE; AND/OR FEATURE SUCCESSFUL WOMEN ROLE MODELS FROM A CROSS-SECTION OF INDUSTRIES, GOVERNMENT, NONPROFITS AND ACADEMIA. |
| FORM 990, PAGE 6, PART VI, LINE 11B | PREPARATION OF THE ANNUAL FOUNDATION FOR WOMEN'S LEADERSHIP & EMPOWERMENT ("FWLE") FORM 990 ENCOMPASSES THE FOLLOWING STEPS: 1) COMPILATION OF SPECIFIED FINANCIAL INFORMATION BY FWLE STAFF IN CONSULTATION WITH THE FOUNDATION'S INDEPENDENT ACCOUNTANT; 2) COMPILATION OF SPECIFIED NON- FINANCIAL INFORMATION BY FWLE PRESIDENT; 3) REVIEW OF ALL DRAFT FINANCIAL AND NON-FINANCIAL INFORMATION BY FWLE PRESIDENT; 4)SUBMISSION OF FINANCIAL AND NON-FINANCIAL INFORMATION TO FWLE'S INDEPENDENT ACCOUNTANT FOR REVIEW; 5) FOLLOW-UP CONSULTATION AMONG INDEPENDENT ACCOUNTANT AND FWLE PRESIDENT AND STAFF; 6)CONSULTATION WITH THE FOUNDATION'S BOARD OF DIRECTORS REGARDING THE DRAFT FORM 990 AND 7) FINAL CONSULTATION OF FWLE PRESIDENT AND STAFF WITH INDEPENDENT ACCOUNTANT FOR INCORPORATION OF ANY CORRECTIONS OR REVISIONS, FINAL APPROVAL AND SIGNATURE FOR FILING WITH THE IRS. A COPY OF THE FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS EACH YEAR AND A COPY WILL BE MADE AVAILABLE ON FWLE'S COMPUTER NETWORK SYSTEM FOR REVIEW. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE CONFLICT OF INTEREST POLICY WAS ADOPTED AT THE VERY OUTSET OF THE FOUNDING OF FWLE AS A PART OF THE ORGANIZATIONAL FILING WITH THE STATE OF NEVADA, ALONG WITH THE BY-LAWS. THE BYLAWS AND THIS POLICY WERE AUTHORIZED BY ALL MEMBERS OF THE BOARD AS A PART OF THE INITIAL FILING PROCESS. HENCE, ALL BOARD MEMBERS WERE ON NOTICE FROM THE VERY BEGINNING AND COMMITTED TO COMPLY WITH THE ARTICLES, BYLAWS AND CONFLICT OF INTEREST POLICY OF THE FOUNDATION. MOREOVER, AT THE OCTOBER 26, 2019 BOARD OF DIRECTORS MEETING, THE PRESIDENT OF THE FOUNDATION REVIEWED WITH THE BOARD MEMBERS THEIR RESPONSIBILITIES AS BOARD MEMBERS, WHICH INCLUDED A DISCUSSION OF THE CONFLICT OF INTEREST POLICY THAT WAS ADOPTED. PART OF THAT DISCUSSION POINTED OUT EACH DIRECTOR'S DUTY OF DISCLOSURE AND RECUSAL IN THE EVENT OF A CONFLICT OF INTEREST. AT THE JUNE 4, 2020 MEETING OF THE BOARD OF DIRECTORS, THE BOARD ADOPTED AND REVIEWED A REVISED AND EXPANDED CONFLICT OF INTEREST POLICY TO REFLECT VARIOUS SPECIFIC BEST PRACTICES REFLECTED IN NONPROFIT GUIDANCE REFERENCES AND SUBMITTED SIGNED FORMS ACKNOWLEDGING REVIEW AND RECOMMITMENT TO THE FOUNDATION'S CONFLICT OF INTEREST POLICY. SINCE 2020 THE CONFLICT OF INTEREST POLICY HAS BEEN THE SUBJECT OF DISCUSSION AT FWLE'S ANNUAL MEETINGS AND SIGNED ACKNOWLEDGMENT. |
| FORM 990, PAGE 6, PART VI, LINE 15A | CEO COMPENSATION DETERMINED BY THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 15B | MEMBERS OF THE BOARD OF DIRECTORS ARE UNCOMPENSATED. KEY EMPLOYEE COMPENSATION TO BE DETERMINED BY THE PRESIDENT AND THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS RELATING TO THE FOUNDATION WILL BE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | PAYROLL PROCESSING 0 2,881 0 SPEAKERS 428,856 0 0 CONSULTING 48,369 14,306 5,450 OTHER OUTSIDE SERVICES 47,222 11,301 0 BANK FEES 0 1,811 0 TOTAL 524,447 30,299 5,450 |
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