| (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 | |||||
|
Total |
||||||
| Calendar year (or fiscal year beginning in) | (a) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 1,895 | 5,001 | 8,929 | 11,727 | 27,552 | |
| 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 | 1,895 | 5,001 | 8,929 | 11,727 | 27,552 | |
| 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. | 27,552 | |||||
| Calendar year (or fiscal year beginning in) | (a) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 1,895 | 5,001 | 8,929 | 11,727 | 27,552 | |
| 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 | 27,552 | |||||
| Calendar year (or fiscal year beginning in) | (a) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (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) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (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) |
||||
| 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 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 | |
| 6Total annual distributions. Add lines 1 through 5. | 6 | |
|
7
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
7 | |
| 8 Distributable amount for 2025 from Section C, line 6 | 8 | |
| 9 Line 7 amount divided by Line 8 amount | 9 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2025 |
(iii) Distributable Amount for 2025 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2025 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2025 (reasonable cause required-- explain in Part VI).
See instructions. |
||||
| 3 Excess distributions carryover, if any, to 2025: | ||||
| a From 2020....... | ||||
| b From 2021....... | ||||
| c From 2022....... | ||||
| d From 2023....... | ||||
| e From 2024....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2025 distributable amount | ||||
|
i
Carryover from 2020 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2025 from Section D, line 6: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2025 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2025, 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 2025. 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 2026. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2021..... | ||||
| b Excess from 2022..... | ||||
| c Excess from 2023..... | ||||
| d Excess from 2024..... | ||||
| e Excess from 2025..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|
| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
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| FORM 990 - ORGANIZATION'S MISSION | CHEMISTS WITHOUT BORDERS IS A GLOBAL HUMANITARIAN ORGANIZATION COMMITTED TO SUSTAINABLE AND EQUITABLE SOLUTIONS THAT EMPOWER COMMUNITIES AND IMPROVE OVERALL WELL-BEING. OUR STRATEGIC FRAMEWORK IS: SERVICE - DEVELOPING, FACILITATING, AND DELIVERING HIGH-IMPACT PROJECTS AND PROGRAMS THAT ADDRESS THE NEEDS OF AND EMPOWER THE COMMUNITIES WE SUPPORT CONNECTION - BUILDING AND NURTURING PARTNERSHIPS AND COLLABORATIONS AND BEING A CONDUIT FOR CONNECTING WITH INSTITUTIONS, COMMUNITIES, NGOS, CHEMISTS, AND OTHER SCIENTISTS. EDUCATION - EXPANDING THE HUMAN CAPACITY AND CAPABILITIES THROUGH DEVELOPING AND CONDUCTING EDUCATIONAL PROGRAMS, MENTORING, AND ADVANCING SCIENCE KNOWLEDGE AMONG COMMUNITIES. INNOVATION - CONCEIVING AND IMPLEMENTING SOLUTIONS, IN CONCERT WITH ALL STAKEHOLDERS, BY INCORPORATING NATURAL AND SCIENTIFIC PRINCIPLES TO MAXIMIZE IMPACT AND OPTIMIZE AVAILABLE RESOURCES ACCESS TO CLEAN WATER AND QUALITY EDUCATION ARE FUNDAMENTAL HUMANITARIAN CHALLENGES. THESE CHALLENGES DISPROPORTIONATELY AFFECT RURAL POPULATIONS. MORE THAN HALF OF THE UNITED NATIONS' 17 SUSTAINABLE DEVELOPMENT GOALS (SDGS) CANNOT BE REALIZED WITHOUT ELIMINATING WATER INSECURITY AND ENHANCING EDUCATION, ESPECIALLY IN THE SCIENCES. CHEMISTS WITHOUT BORDERS PLAYS A VITAL ROLE IN ADDRESSING THESE INTERCONNECTED ISSUES. BY LEVERAGING THE SCIENTIFIC METHOD, DRAWING ON EVIDENCE-BASED PRACTICES, IMPLEMENTING EFFECTIVE WATER MANAGEMENT TECHNIQUES, AND ENHANCING EDUCATIONAL OPPORTUNITIES, WE HELP RURAL COMMUNITIES CREATE SUSTAINABLE SOLUTIONS THAT EMPOWER THEIR DEVELOPMENT. HUMANITARIAN ACTION IS SUSTAINABLE ONLY WHEN IT BEGINS WITH THE PEOPLE IT SEEKS TO SERVE. WHAT LASTS IS NOT WHAT WE BRING, BUT WHAT WE BUILD TOGETHER. A DIFFERENT STARTING POINT - CHEMISTS WITHOUT BORDERS (CWB) EXISTS TO UPHOLD A SIMPLE BUT DEMANDING BELIEF: SCIENCE FULFILLS ITS PROMISE ONLY WHEN IT REMAINS DEEPLY CONNECTED TO HUMANITY. THIS BELIEF IS NOT THEORETICAL. IT IS SHAPED BY THE EXPERIENCE OF WHAT SCIENCE HAS MADE POSSIBLE, AND BY RECOGNITION OF WHERE IT HAS TOO OFTEN FALLEN SHORT. ACROSS THE WORLD, SCIENTIFIC KNOWLEDGE HAS ADVANCED AT AN EXTRAORDINARY PACE. INNOVATION HAS FLOURISHED, DISCOVERIES HAVE MULTIPLIED, AND TECHNOLOGIES HAVE TRANSFORMED MODERN LIFE. YET ALONGSIDE THIS PROGRESS, TRUST IN SCIENCE HAS GROWN FRAGILE. TOO OFTEN, THE BENEFITS OF SCIENTIFIC ADVANCEMENT REMAIN UNEVENLY SHARED, SHAPED BY INCENTIVES, INSTITUTIONAL PRIORITIES, OR DISTANCE FROM THE PEOPLE MOST AFFECTED BY THE PROBLEMS SCIENCE SEEKS TO ADDRESS. CHEMISTS WITHOUT BORDERS EXISTS IN THIS WIDENING GAP, NOT TO REJECT SCIENCE, BUT TO HELP IT RECOVER ITS HUMAN CENTER. WHY CONNECTION MATTERS - AT CWB, CONNECTION IS NOT SEPARATE FROM IMPACT. IT IS WHAT MAKES IMPACT POSSIBLE. PEOPLE DO NOT TRUST WHAT FEELS DISTANT OR IMPOSED. TRUST GROWS WHEN PEOPLE FEEL HEARD, UNDERSTOOD, AND RESPECTED. IT EMERGES THROUGH PRESENCE, HUMILITY, AND GENUINE ENGAGEMENT. WHEN COMMUNITIES ARE EXCLUDED FROM DECISIONS THAT SHAPE THEIR LIVES, DISTRUST FOLLOWS, NO MATTER HOW ELEGANT THE SOLUTION OR ADVANCED THE TECHNOLOGY. OUR WORK BEGINS WITH LISTENING. IT DEEPENS THROUGH SHARED UNDERSTANDING. AND IT ENDURES BECAUSE IT HONORS LOCAL KNOWLEDGE, CULTURE, AND HUMAN CONTEXT. HUMANITARIAN ACTION LASTS NOT BECAUSE SOMETHING IS DELIVERED, BUT BECAUSE SOMETHING MEANINGFUL IS BUILT TOGETHER. A DIFFERENT VISION OF SCIENCE - HUMANITARIAN CHALLENGES ARE NOT TECHNICAL PUZZLES WAITING FOR ELEGANT SOLUTIONS. THEY ARE COMPLEX HUMAN REALITIES SHAPED BY HISTORY, CULTURE, POWER, AND INEQUALITY. THEY CANNOT BE ADDRESSED SOLELY BY EXPERTISE. MEETING HUMANITARIAN CHALLENGES REQUIRES SCIENTISTS AND PROFESSIONALS WHO CAN THINK BROADLY, ENGAGE HUMBLY, AND WORK ACROSS DISCIPLINARY, CULTURAL, INSTITUTIONAL, AND PERSPECTIVE BOUNDARIES. IT REQUIRES A WILLINGNESS TO QUESTION HOW SCIENCE IS PRACTICED, WHO IT SERVES, AND HOW IT CAN EVOLVE TO MEET THE WORLD AS IT IS. WITHOUT BORDERS IS NOT PRIMARILY ABOUT GEOGRAPHY. IT IS ABOUT CROSSING THE BOUNDARIES THAT LIMIT MEANINGFUL ENGAGEMENT: DISCIPLINARY SILOS, INSTITUTIONAL HABITS, PROFESSIONAL COMFORT ZONES, AND EVEN THE LIMITS OF OUR OWN TRAINING AND ASSUMPTIONS. CWB IS COMMITTED TO REIMAGINING WHAT RESPONSIBLE SCIENTIFIC ENGAGEMENT CAN LOOK LIKE WHEN IT IS GUIDED BY HUMAN NEED RATHER THAN TECHNICAL POSSIBILITY ALONE. WHO WE ARE - WE ARE A SUPPORTIVE AND COLLABORATIVE COMMUNITY FOR PEOPLE WHO BELIEVE SCIENCE SHOULD BE PRACTICED WITH EMPATHY, CURIOSITY, AND SHARED PURPOSE. HERE, KNOWLEDGE IS NOT TREATED AS STATUS, BUT AS RESPONSIBILITY. EXPERIENCE IS VALUED. QUESTIONS ARE WELCOMED. LEARNING FLOWS IN MANY DIRECTIONS. WE BRING TOGETHER SCIENTISTS, EDUCATORS, STUDENTS, PROFESSIONALS, HUMANISTS, AND COMMUNITY LEADERS. WE ARE AN ALL-VOLUNTEER ORGANIZATION BY DESIGN. WE VALUE DEPTH OVER SCALE, SUSTAINED ENGAGEMENT OVER QUICK INTERVENTION, AND TRUST OVER TRANSACTION. RATHER THAN REPLICATING EXISTING MODELS OF SCIENTIFIC HUMANITARIAN WORK, WE SEEK TO IMAGINE NEW ONES ROOTED IN RELATIONSHIP, HUMILITY, AND CARE. A COMMUNITY THAT SHAPES - CWB IS ALSO A PLACE OF PERSONAL REFLECTION AND GROWTH. MANY WHO JOIN US ARRIVE AT A MOMENT OF REFLECTION, WHEN PROFESSIONAL SUCCESS ALONE NO LONGER FEELS SUFFICIENT AND DEEPER QUESTIONS BEGIN TO SURFACE. HOW DOES MY WORK MATTER? WHO DOES IT SERVE? WHAT RESPONSIBILITY COMES WITH WHAT I KNOW? OTHERS ARE EARLY IN THEIR JOURNEYS, SEEKING WAYS TO LEARN THAT FEEL MEANINGFUL AND CONNECTED TO THE BROADER WORLD. WHAT UNITES US IS NOT A SINGLE DISCIPLINE OR CAREER STAGE, BUT A SHARED COMMITMENT TO SERVICE, REFLECTION, AND MUTUAL RESPECT. WITHIN CWB, WE MAKE SPACE FOR THOSE QUESTIONS. WE ENCOURAGE ONE ANOTHER TO MOVE BEYOND COMFORT, TO ENGAGE UNCERTAINTY, AND TO THINK ACROSS BOUNDARIES. THE WORK CHALLENGES US INTELLECTUALLY, ETHICALLY, AND HUMANLY. IT ASKS US TO GROW NOT ONLY IN WHAT WE KNOW, BUT IN HOW WE LISTEN, COLLABORATE, AND SHOW UP FOR OTHERS. IN THIS WAY, THE WORK SHAPES THE COMMUNITY, AND THE COMMUNITY SHAPES THE WORK. |
| FORM 990, PAGE 2, PART III, LINE 4A | IN PARTNERSHIP WITH THE HIMALAYAN TRIBAL COMMUNITY DEVELOPMENT IN NEPAL (HTCDN), CWB HAS BEEN ENGAGED IN DEVELOPING PROGRAMMING IN THE FOLLOWING AREAS (ALL PROGRAMS ARE IN-DEVELOPMENT STAGE. THE NUMBERS CITED ARE AT FULL PROGRAM MATURATION): A. ADULT EDUCATION AND LIFELONG LEARNING (50-100 PEOPLE ANNUALLY) O DEVELOPMENT OF ADULT LITERACY AND FOUNDATIONAL LEARNING PROGRAMS O PRACTICAL SCIENCE EDUCATION RELEVANT TO DAILY LIFE O COMMUNITY LEARNING WORKSHOPS FOCUSED ON HEALTH, SANITATION, NUTRITION, AND ENVIRONMENTAL AWARENESS O STRENGTHENING LOCAL CAPACITY FOR PEER-TO-PEER TEACHING AND LEARNING B. SCIENCE-BASED QUALITY-OF-LIFE INTERVENTIONS (4-5 SCHOOLS IMPACTING HUNDREDS OF STUDENTS ANNUALLY) O COMMUNITY EDUCATION ON SAFE WATER PRACTICES AND HYGIENE O ENVIRONMENTAL HEALTH AWARENESS AND SUSTAINABILITY EDUCATION O PRACTICAL, LOCALLY ADAPTABLE APPROACHES TO IMPROVING HOUSEHOLD AND COMMUNITY WELL-BEING C. CAPACITY BUILDING AND KNOWLEDGE EXCHANGE (5 VILLAGES AND ASSOCIATED COMMUNITIES ANNUALLY) O TRAINING AND SUPPORT FOR LOCAL EDUCATORS AND FACILITATORS O EXCHANGE OF KNOWLEDGE, IDEAS, AND CULTURALLY APPROPRIATE EDUCATIONAL RESOURCES O COLLABORATIVE DEVELOPMENT OF COMMUNITY-CENTERED LEARNING MODELS D. LIVELIHOOD AND SKILLS DEVELOPMENT (100-200 FAMILIES ANNUALLY) O SCIENCE-INFORMED APPROACHES TO STRENGTHENING LOCAL LIVELIHOODS O PRACTICAL SKILLS TRAINING THAT SUPPORTS ECONOMIC RESILIENCE O SUPPORT FOR COMMUNITY INITIATIVES THAT ENHANCE SELF-RELIANCE E. VOLUNTEER AND STUDENT ENGAGEMENT (4-5 SCHOOLS ANNUALLY) O OPPORTUNITIES FOR RESPONSIBLE VOLUNTEER PARTICIPATION O SUPPORT FOR STUDENT-LED SERVICE LEARNING INITIATIVES O CULTURAL AND KNOWLEDGE EXCHANGE THAT RESPECTS LOCAL LEADERSHIP AND PRIORITIES |
| FORM 990, PAGE 6, PART VI, LINE 11B | CHEMISTS WITHOUT BORDERS' OUTSIDE CPA FIRM AND THE CEO AND CFO PREPARE THE FORM 990. THE FORM IS PROVIDED TO AND REVIEWED WITH THE ENTIRE GOVERNING BODY PRIOR TO FILING WITH THE IRS. EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A.HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B.HAS READ AND UNDERSTANDS THE POLICY, C.HAS AGREED TO COMPLY WITH THE POLICY, AND D.UNDERSTANDS CWB IS CHARITABLE AND TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE COVERED PERSONS UNDER CHEMISTS WITHOUT BORDERS'S CONFLICT OF INTEREST POLICY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES FOR CONSIDERATION OF THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING A CONFLICT OF INTEREST: A.) AN INTERESTED PERSON MAY MAKE A PRESENTATIO AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFILICT OF INTEREST. B.) THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE, IF APPROPRIATE, APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C.)AFTER EXCERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE DETERMINES WHETHER CWB CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANCGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D.)IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLE POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN CWB'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. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURHTER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE MINUTES OF THE GOVERNING BOARD AND ALL COMMITTEES WITH BOARD DELEGATED POWERS CONTAIN: A.)THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE GOVERNING BOARD'S OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED. B.)THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION WITH THE PROCEEDINGS. A VOTING MEMBER OF THE GOVERNING BOARD WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM CWB FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. A VOTING MEMBER OF ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM CWB FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. NO VOTING MEMBER OF THE GOVERNING BOARD OR ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM CWB, EITHER INDIVIDUALLY OR COLLECTIVELY, IS PROHIBITED FROM PROVIDING INFORMATION TO ANY COMMITTEE REGARDING COMPENSATION. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A.HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B.HAS READ AND UNDERSTANDS THE POLICY, C.HAS AGREED TO COMPLY WITH THE POLICY, AND D.UNDERSTANDS CWB IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. HOWEVER, CURRENT TAX LAW DOES NOT REQUIRE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS BE PROVIDED TO THE PUBLIC. |
| FORM 990, PART XI, LINE 9 | PRIOR PERIOD ADJUSTMENT 0 |
| Software ID: | |
| Software Version: |