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 2 | COLLABORATION AND COLLECTIVE ACTION ARE CENTRAL TO ACHIEVING CGF'S MISSION AND MAKING PROGRESS IN MEMBER COMPANIES. PERSON-TO-PERSON CONNECTIVITY AND OPPORTUNITIES FOR OPEN DIALOGUE ARE ESSENTIAL FOR SUCCESSFUL COLLABORATIVE EFFORTS. WHILST CGF VIRTUAL EVENTS OVER THE PAST TWO YEARS KEPT PEOPLE INFORMED, THE OPPORTUNITIES FOR OPEN DIALOGUE AND BUILDING PERSONAL CONNECTIONS WERE CLEARLY CONSTRAINED. AFTER MORE THAN TWO YEARS OF VIRTUAL GATHERINGS, LEADERS WERE ABLE TO RECONVENE IN PERSON AT THE CGF'S GFSI CONFERENCE IN BARCELONA IN MARCH AND THE GLOBAL SUMMIT IN DUBLIN IN JUNE, FOLLOWED BY THE SUSTAINABLE RETAIL SUMMIT IN AMSTERDAM, THE LAUNCH OF THE SUSTAINABLE SUPPLY CHAIN CONFERENCE AND MULTIPLE REGIONAL ENGAGEMENT EVENTS. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS FULL MEMBERS, PARTNER MEMBERS, AND ASSOCIATE MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION HAS FULL MEMBERS WHO HAVE VOTING RIGHTS AT THE GENERAL ASSEMBLIES OF THE ASSOCIATION. |
| FORM 990, PART VI, SECTION A, LINE 7B | DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS. DECISIONS WILL BE MADE BY A SIMPLE MAJORITY OF BOARD MEMBERS FROM EACH COLLEGE. BOTH COLLEGES MUST APPROVE ANY PROPOSAL FOR IT TO BECOME EFFECTIVE. |
| FORM 990, PART VI, SECTION A, LINE 8B | THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE RETURN IS PROVIDED TO ISABELL DAHLEN, DIRECTOR OF FINANCE AND ADMINISTRATION, TO REVIEW BEFORE SIGNING. |
| FORM 990, PART VI, SECTION B, LINE 12C | A "RESPONSIBLE PERSON" IS ANY PERSON SERVING AS AN OFFICER, EMPLOYEE OR MEMBER OF THE BOARD OF DIRECTORS OF THE CONSUMER GOODS FORUM. EACH RESPONSIBLE PERSON SHALL COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED IF HE OR SHE BELIEVES THAT SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. ANY SUCH INFORMATION REGARDING BUSINESS INTERESTS OF A RESPONSIBLE PERSON OR A FAMILY MEMBER SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, THE MANAGING DIRECTOR, THE GOVERNANCE COMMITTEE OF THE BOARD, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. RESPONSIBLE PERSONS WHO HAVE A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT IS NOT THE SUBJECT OF BOARD OR COMMITTEE ACTION, SHALL DISCLOSE TO THE CHAIR OR THE CHAIR'S DESIGNEE ANY CONFLICT OF INTEREST THAT SUCH RESPONSIBLE PERSON HAS WITH RESPECT TO A CONTRACT OR TRANSACTION. SUCH DISCLOSURE SHALL BE MADE AS SOON AS THE CONFLICT OF INTEREST IS KNOWN TO THE RESPONSIBLE PERSON. THE RESPONSIBLE PERSON SHALL REFRAIN FROM ANY ACTION THAT MAY AFFECT THE CONSUMER GOODS FORUM'S PARTICIPATION IN SUCH CONTRACT OR TRANSACTION. IN THE EVENT IT IS NOT ENTIRELY CLEAR THAT A CONFLICT OF INTEREST EXISTS, THE INDIVIDUAL WITH THE POTENTIAL CONFLICT SHALL DISCLOSE THE CIRCUMSTANCES TO THE CHAIR OR THE CHAIR'S DESIGNEE, WHO SHALL DETERMINE WHETHER THERE EXISTS A CONFLICT OF INTEREST THAT IS SUBJECT TO THIS POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE GOVERNANCE COMMITTEE ESTABLISHES THE COMPENSATION OF THE MANAGING DIRECTOR AND A WRITTEN EMPLOYMENT CONTRACT IS USED. FOR OTHER OFFICERS AND KEY EMPLOYEES, THE ORGANIZATION HAS A JOB CLASSIFICATION AGREEMENT WITH CORRESPONDING SALARY GRID AND UTILIZES A RECRUITMENT AGENCY TO RE-EVALUATE THE MARKET PRICE COMPARED TO THE SALARY GRID. IN 2022 A PROFESSIONAL BENCHMARK WAS CARRIED OUT BY A SERVICE PROVIDER FOR THE WHOLE ORGANISATION TO RE-EVALUATE THE MARKET PRICE COMPARED TO THE SALARY GRID. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS STATUTES AVAILABLE ON THE ITS WEBSITE. THE ORGANIZATION DOES NOT MAKE ITS OTHER GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. |
| FORM 990, PART XI, LINE 9: | NET FOREIGN CURRENCY TRANSLATION LOSS -474,247. NET FOREIGN EXCHANGE GAIN 69,812. |
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