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)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 44,448 | 102,617 | 75,086 | 112,347 | 297,742 | 632,240 |
| 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 | 44,448 | 102,617 | 75,086 | 112,347 | 297,742 | 632,240 |
| 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. | 632,240 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 44,448 | 102,617 | 75,086 | 112,347 | 297,742 | 632,240 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 126,764 | 94,123 | 14,678 | 17,578 | 22,397 | 275,540 |
| 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 | 907,780 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (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) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (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 2024 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-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2024, 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 2024. 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 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
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| FORM 990 - ORGANIZATION'S MISSION | THE LEE BRENNEISEN FOUNDATION PARTNERS WITH SCHOOLS AND COMMUNITIES IN KENYA TOGETHER WITH USA DONORS AND UNIVERSITIES TO PROMOTE EDUCATION AND SOCIAL ENTERPRISE. THE FOUNDATION HAS DEVELOPED EIGHT ECO-FRIENDLY LEARNING MODULES TO EMPOWER STUDENTS FOR A FUTURE OF CRITICAL THINKING THROUGH ACTIVITY BASED LEARNING. |
| FORM 990, PAGE 2, PART III, LINE 4A | CLEAN WATER IS THE MOST PRECIOUS NATURAL RESOURCE IN EAST AFRICA. ACCELERATING CLIMATE CHANGE MAKES AVAILABILITY AND ACCESS DIFFICULT. CLEAN WATER & HEALTH UNDERPINS OUR REMAINING 7 LEARNING MODULES AS WE ASSIST SCHOOLS AND COMMUNITIES, LEARNING LIFE SKILLS AND DEVELOPING SOCIAL ENTERPRISE. IN EARLY JANUARY 2024 KENYA WAS RAVAGED BY DEVASTATING FLOODS. IN RESPONSE, INNOV8AFRICA CONTINUES TO INTENSIFY OUR FOCUS ON WATER CATCHMENT AND STORAGE AS VOLCANIC SOILS CONTAIN UNHEALTHY LEVELS OF FLUORIDE AND SODA. WE DIG WATER RESERVOIRS. WE CREATE ROOFTOP CATCHMENT AND WATER PURIFICATION SYSTEMS IN THE NOW 24 SCHOOLS WE SUPPORT. IN DECEMBER 2023 WE DESIGNED A 1.2 KILOMETER SOLAR WATER PIPELINE TO PROVIDE CROP IRRIGATION AT OLE NTUTU ARID ZONE PRIMARY. IN MARCH 2023 WE HAD TO REPAIR AND REDESIGN IT. WE ALSO CREATED TWO SOLAR PURIFICATION SYSTEMS. WE ADDED ADDITIONAL 10,000 LITER WATER TANKS AND GUTTERING SYSTEMS FOR OUR SCHOOLS AND BUILT SIMPLE WATER PURIFICATION SYSTEMS. OUR EDUCATIONAL PROGRAMS FOCUS ON HEALTH, WATER BORNE DISEASES AND PREVENTION FOR CHILDREN AND THEIR FAMILIES. 2024 CLEAN WATER AND HEATH COSTS WERE 30,885. WE CONTINUED OUR REFORESTATION PROGRAMS WITH EACH SCHOOL GROWING ABOUT AROUND 2500 TREES FROM SEEDS (1,153.00). VARIOUS SCHOOLS HAVE USED PROCEEDS FROM TREE SALES TO SUPPORT SCHOOL NEEDS. |
| FORM 990, PAGE 2, PART III, LINE 4B | FAMINE AND FOOD SHORTAGES HAVE RAVAGED MUCH OF KENYA. NAROK COUNTY, MOST OF OUR 12,000+ SCHOOL CHILDREN DO NOT GET ADEQUATE NUTRITION. IN RESPONSE, OUR "SCHOOL FARM TO SCHOOL TABLE" PROGRAM HAS BECOME OUR PRIMARY FOCUS. IN 2024, WE BEGAN WORKING WITH UNIVERSITY OF TENNESSEE AT MARTIN ON A GRANT WHEREBY ELEMENTARY SCHOOLS IN NORTHWEST TENNESSEE PARTNER WITH INNOV8'S KENYA SCHOOLS TO IMPROVE SCHOOL NUTRITION IN A SUSTAINABLE FASHION THROUGH ACTIVITY BASED LEARNING. THESE PROGRAMS ARE DESIGNED TO BENEFIT SCHOOL CHILDREN IN USA THROUGH UNIVERSITY LEAD RESEARCH BOTH IN DEVELOPING HEALTHY FOOD CROPS AND SCIENTIFIC ANALYSIS OF NUTRITIONAL FOR SCHOOL MEALS. WE HAVE BUILT 3 GREENHOUSES, 3 ONE ACRE FULL SUN EXPERIMENTAL PLOTS AND 3@ 60% SHADE-NETTING AREAS. WE HAVE ADDED SEVERAL ACRES OF DRIP AND SPRINKLER IRRIGATION. MORE SCHOOLS HAVE ATTAINED TOTAL SUSTAINABLE FOOD SECURITY MEANING THAT THEY GROW MORE THAN ENOUGH FOOD FOR THEIR STUDENTS AND SELL OVERAGES TO PAY FOR FUTURE CROP INPUTS. SCHOOL REPRESENTATIVES ATTENDING OUR SEMINARS DEVELOP FOOD SECURITY PROGRAMS AND WORK WITH THEIR COMMUNITIES ON IMPLEMENTATION, WITH THE IDEA THAT EACH CHILD CAN RECEIVE NUTRITIOUS SCHOOL MEALS EVERY DAY. WE CONTINUE TO ASSIST IN BUILDING SCHOOL KITCHENS AND HAVE PROVIDED KITCHEN EQUIPMENT AND TABLEWARE FOR THOUSANDS OF CHILDREN. WE SPONSOR "COMMUNITY GARDEN DAYS" WHERE WE DEVELOP SCHOOL MENUS. STUDENTS AND PROFESSORS FROM USA VISIT TO ASSESS AND COMPLETE PROJECT FOR CREDIT AND PUBLISHED PAPERS. TOTAL FOOD SECURITY EXPENDITURES IN 2024 WAS 206,643. OUR WOMEN'S BEEKEEPING ARE NOW PROCESSING AND BOTTLING HONEY FOR LOCAL SALES. (104.00). WE DEDICATED 6570.00 TO LIVESTOCK BANKING. IN CONNECTION WITH UT-MARTIN, WE ARE DEVELOPING AN EXPERIMENTAL FORAGE AND FEED PLOT WHICH IS THE SUBJECT OF A PROPOSED SCIENTIFIC RESEARCH PAPER FOR USA FARMERS AND LIVESTOCK DEVELOPMENT. POULTRY COSTS WERE 923.00 IN 2024. THROUGH OUR PARTNERSHIP WITH UNIVERSITY OF TENNESSEE AT MARTIN WE ARE NOW CONDUCTING SCIENTIFIC STUDIES OF ALL OF OUR FOOD SECURITY PROGRAMS IN A COOPERATIVE CROSS BORDER EFFORT TO STANDARDIZE ASSISTANCE WITH FOOD SECURITY AND NUTRITION IN SUB-SAHARAN AFRICA. KENYA'S MINISTRY OF EDUCATION WORKS CLOSELY WITH US AS WE ENHANCE THE COMPETENCY BASED CURRICULUM, NOW THE STANDARD FOR ALL KENYAN SCHOOLS. |
| FORM 990, PAGE 2, PART III, LINE 4C | IN 2024 INNOV8 HAS CONTINUED ITS FOCUS ON ENHANCED COMPUTER LEARNING. INNOV8 AFRICA CONTINUES TO BE THE ONLY BUILDER OF COMPUTER LABORATORIES FOR NAROK COUNTY'S PRIMARY AND JUNIOR SECONDARY SCHOOL POPULATION OF OVER 700,000 LEARNERS. IN 2024 WE CONSTRUCTED A NEW 2 CLASSROOM BUILDING COMPLETE WITH COMPUTER LABORATORY AND 50 ENDLESS OS LEARNING COMPUTERS: (42,973.00). AS FEW OF OUR STUDENTS HAVE ELECTRICITY AT HOME, WE CONTINUE TO PROVIDE SOLAR STUDY LAMPS TO ASSIST WITH HOMEWORK AND HAVE ADDED SCHOOL SOLAR ELECTRICITY FOR A NUMBER OF CLASSROOMS: (36,908.00). ALSO IN 2024, WITH THE ASSISTANCE OF THE MARLENE AND SPENCE HAYS FOUNDATION WE HAVE SUPPORTED OUR ARTS EDUCATION PROGRAM FOR SEVEN (7) SCHOOLS, CONSTRUCTING/RETROFITTING ART CLASSROOMS, PURCHASING ART SUPPLIES, TRAINING, CONDUCTING ART SHOWS AS WELL AND ARTS AND CRAFTS CONTESTS. WE HAVE FURTHERED OUR AFTER SCHOOL TRAININGS IN SEWING, KNITTING AND BEADING FOR GIRLS AT RISK OF COMPROMISE FROM ABUSE, CHILDHOOD MARRIAGE, AND FGM. OUR DIRECT COSTS FOR 2024 ARE 40,390.00. THE HAYS ARTS PROGRAM AS PROVES TO BE REMARKABLY SUCCESSFUL AND UNDERPINS OUR MISSION TO SUPPORT CREATIVITY, COMPETENCY AND CRITICAL THINKING SKILLS. |
| FORM 990, PART V, LINE 4B | KENYA |
| FORM 990, PAGE 6, PART VI, LINE 2 | ERNIE WILLIAMS, JD, AAGG LISA PALET DIRECTOR DIRECTOR SPOUSE |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE CHAIRMAN REVIEWS THE RETURN PROVIDED BY THE CPA BEFORE FILING. KENYAN EXPENSES ARE COMPILED AND REVIEWED BY A KENYAN ACCOUNTANT. A COPY IS PROVIDED TO ANY MEMBER OF THE GOVERNING BODY UPON REQUEST. |
| FORM 990, PAGE 6, PART VI, LINE 12C | 1. THE PURPOSE OF THIS BOARD CONFLICT OF INTEREST POLICY IS TO PROTECT THE LEE BRENNEISEN FOUNDATION'S INTERESTS WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTERESTS OF AN OFFICER OR DIRECTOR OF THE LEE BRENNEISEN FOUNDATION OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION. 2. THIS POLICY IS INTENDED TO SUPPLEMENT, BUT NOT REPLACE, ANY APPLICABLE STATE LAWS GOVERNING CONFLICTS OF INTEREST APPLICABLE TO NON-PROFIT AND CHARITABLE ORGANIZATIONS. 3. THIS POLICY IS ALSO INTENDED TO IDENTIFY "INDEPENDENT" DIRECTORS. ARTICLE II - DEFINITIONS 1. INTERESTED PERSON - ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, AS DEFINED BELOW, IS AN INTERESTED PERSON. 2. FINANCIAL INTEREST - A PERSON HAS A FINANCIAL INTEREST IF THE PERSON HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT, OR FAMILY: A. AN OWNERSHIP OR INVESTMENT INTEREST IN AN ENTITY WITH WHICH THE LEE BRENNEISEN FOUNDATION HAS A TRANSACTION OR ARRANGEMENT. B. A COMPENSATION ARRANGEMENT WITH THE LEE BRENNEISEN FOUNDATION OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE FOUNDATION HAS A TRANSACTION OR ARRANGEMENT, OR C. 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 AS WELL AS GIFTS OR FAVORS THAT ARE NOT INSUBSTANTIAL. A FINANCIAL INTEREST IS NOT NECESSARILY A CONFLICT OF INTEREST. A PERSON WHO HAS A FINANCIAL INTEREST MAY HAVE A CONFLICT OR INTEREST ONLY IF THE BOARD OR EXECUTIVE COMMITTEE DECIDES THAT A CONFLICT OF INTEREST EXISTS, IN ACCORDANCE WITH THIS POLICY. 3. INDEPENDENT DIRECTOR - A DIRECTOR SHALL BE CONSIDERED "INDEPENDENT" FOR THE PURPOSE OF THIS POLICY IF HE OR SHE IS "INDEPENDENT" AS DEFINED IN THE INSTRUCTIONS FOR THE IRS FORM 990 OR, UNTIL SUCH DEFINITION IS AVAILABLE, THE DIRECTOR, A. IS NOT, AND HAS NOT BEEN FOR A PERIOD OF AT LEAST THREE YEARS, AN EMPLOYEE OF THE FOUNDATION OR ANY ENTITY IN WHICH THE FOUNDATION HAS A FINANCIAL INTEREST; B. DOES NOT DIRECTLY OR INDIRECTLY HAVE A SIGNIFICANT BUSINESS RELATIONSHIP WITH THE FOUNDATION, WHICH MIGHT AFFECT INDEPENDENCE IN DECISION-MAKING' C. IS NOT EMPLOYED AS AN EXECUTIVE OR ANOTHER CORPORATION WHERE ANY OF THE FOUNDATION'S EXECUTIVE OFFICERS OR EMPLOYEES SERVE ON THAT CORPORATION'S COMPENSATION COMMITTEE; AND D. DOES NOT HAVE AN IMMEDIATE FAMILY MEMBER WHO IS AN EXECUTIVE OFFICER OR EMPLOYEE OF THE FOUNDATION OR WHO HOLDS A POSITION THAT HAS A SIGNIFICANT FINANCIAL RELATIONSHIP WITH THE FOUNDATION. 4. NONFINANCIAL INTEREST - INTEREST THAT MIGHT INFLUENCE AN OFFICER'S, DIRECTOR'S, OR COMMITTEE MEMBER'S DUTIES: A. THE PERSON'S RELATIONSHIP AS AN UNPAID VOLUNTEER, OFFICER OR DIRECTOR OF AN ORGANIZATION THAT MAY BE AFFECTED, DIRECTLY OR INDIRECTLY, BY ACTION TO BE TAKEN, OR NOT TAKEN, BY THE FOUNDATION. B. THE PERSON'S PERSONAL, POLITICAL, RELIGIOUS, FRIENDSHIP, OR PERSONAL RELATIONSHIPS WHICH MAY BE AFFECTED BY AN ACTION TO BE TAKEN, OR NOT TAKEN, BY THE FOUNDATION. ARTICLE III - PROCEDURES 1. DUTY TO DISCLOSE - IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTEREST PERSON MUST DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OR EXECUTIVE COMMITTEE. 2. DISCLOSURE OF NON FINANCIAL INTERESTS - DIRECTORS SHALL DISCLOSE NON FINANCIAL INTEREST GENERALLY IN THEIR ANNUAL STATEMENT, AND SPECIFICALLY AS INDIVIDUAL INTERESTS ARISE. NON FINANCIAL INTEREST ARE EXPECTED, AND SHALL NOT BE REVIEWED UNLESS A BOARD MEMBER (INCLUDING THE AFFECTED MEMBER) REQUESTS THAT THE INTEREST BE REVIEWED UNDER THE CONFLICT OF INTEREST POLICY. 3. IN ANY DECISION OR DISCUSSION IN WHICH THE DIRECTOR BELIEVES HE OR SHE HAS OR MAY HAVE A CONFLICT OF INTEREST, WITHOUT GOING THROUGH THE PROCESS FOR DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS. 4. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS - AFTER DISCLOSURE OF THE FINANCIAL INTEREST ALL MATERIAL FACTS WILL BE DISCLOSED AND REVIEWED, INCLUDING DISCUSSION WITH THE INTERESTED PERSON. UPON REQUEST BY A BOARD MEMBER THE MATERIAL FACTS OF A NON-FINANCIAL INTEREST WILL BE REVIEWED, INCLUDING DISCUSSION WITH THE INTERESTED PARTY. THEN THE POTENTIALLY CONFLICTED MEMBER SHALL LEAVE THE BOARD OR EXECUTIVE COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR EXECUTIVE COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OR INTEREST EXISTS. 5. PROCEDURES FOR ADDRESSING THE CONFLICT OR INTEREST: A. AN INTEREST PERSON MAY MAKE A PRESENTATION AT THE BOARD OR EXECUTIVE COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION, ARRANGEMENT, OR OTHER MATTER INVOLVING THE POSSIBLE CONFLICT OR INTEREST. B. THE CHAIRPERSON OF THE BOARD OR EXECUTIVE COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR EXECUTIVE COMMITTEE SHALL DETERMINE WHETHER THE FOUNDATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANTEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A FINANCIAL CONFLICT OR INTEREST. D. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A FINANCIAL CONFLICT OF INTEREST, THE BOARD OR EXECUTIVE COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE FOUNDATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. 6. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY; A. IF THE BOARD OR EXECUTIVE COMMITTEE HAS REASONABLE COUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH A BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTER HEARING THE MEMBERS RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR EXECUTIVE COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE UPON REQUEST |
| FORM 990, PART IX, LINE 11G | LEARNING MODULES 32,038 0 0 LEARNING MODULES 214,240 0 0 LEARNING MODULES 120,271 0 0 TOTAL 366,549 0 0 |
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