FURP.ORG / PUBLIC DATA EXPLORER

FREEWILL IMPACT FUND: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FREEWILL IMPACT FUND (EIN 86-1218871)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-13
IRS object ID
202423189349311277
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-13T19:33:10-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN941254756PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HOOD & STRONG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12580 N 1ST ST STE 460AddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP95131ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN861218871EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FREEWILL IMPACT FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFREEBusinessNameControlTxt
Phone5107717776PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12100 GENG ROAD 210AddressLine1Txt
CityPALO ALTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP943033307ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJENNIFER XIA SPRADLINGPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5107717776PhoneNum
Signature2024-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJACOB YAUPreparerPersonNm
PTINP01560332PTIN
Phone4089988400PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJENNIFER XIA SPRADLINGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12100 GENG ROAD 210AddressLine1Txt
CityPALO ALTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP943033307ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,350,629GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://WWW.FREEWILLIMPACT.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2021FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionMAKING CHARITABLE NON-CASH GIVING TO NONPROFIT ORGANIZATIONS EASY.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,503,817PYContributionsGrantsAmt
CY Contributions Grants$5,675,000CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$629CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,503,817PYTotalRevenueAmt
CY Total Revenue$5,675,629CYTotalRevenueAmt
PY Grants And Similar Paid$2,390,931PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$5,607,138CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$72,074PYOtherExpensesAmt
CY Other Expenses$69,140CYOtherExpensesAmt
PY Total Expenses$2,463,005PYTotalExpensesAmt
CY Total Expenses$5,676,278CYTotalExpensesAmt
PY Revenues Less Expenses$40,812PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$649CYRevenuesLessExpensesAmt
Total Assets BOY$453,861TotalAssetsBOYAmt
Total Assets EOY$1,588,016TotalAssetsEOYAmt
Total Liabilities BOY$413,149TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,585,126TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$40,712NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,890NetAssetsOrFundBalancesEOYAmt
MissionFREEWILL IMPACT FUND'S MISSION IS TO MAKE CHARITABLE GIVING ESPECIALLY EASY, SO DONORS CAN SUPPORT THEIR FAVORITE NONPROFIT ORGANIZATIONS WITHOUT TRADITIONAL PAIN POINTS IN NON-CASH GIVING, AND MAKE A TRULY REMARKABLE IMPACT ON THE WORLD.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,675,076ExpenseAmt
Grant$5,607,138GrantAmt
Revenue$0RevenueAmt
DescFREEWILL IMPACT FUND OPERATES A DONOR ADVISED FUND. IT MAKES GRANTS OUT OF ITS ASSETS TO OTHER QUALIFYING NONPROFIT ORGANIZATIONS CONSIDERING RECOMMENDATIONS FROM THE ORIGINAL DONORS REGARDING WORTHY ORGANIZATIONS. FREEWILL IMPACT FUND'S MISSION IS TO MAKE CHARITABLE GIVING ESPECIALLY EASY, SO DONORS CAN SUPPORT THEIR FAVORITE NONPROFIT ORGANIZATIONS WITHOUT TRADITIONAL PAIN POINTS IN NON-CASH GIVING AND MAKE A TRULY REMARKABLE IMPACT ON THE WORLD.Desc
Total Program Service Expenses$5,675,076TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed OfYes (1)Form8282PropertyDisposedOfInd
Form8282 Filed84Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANNE AZZOLLINIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5107717776PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12100 GENG ROAD SUITE 210AddressLine1Txt
CityPALO ALTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP943033307ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JENNIFER XIA SPRADLING
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
KATHRYN ZEALAND
SECRETARY1.00Yes (X)Yes (X)$0$0$0
JOHN GOEDERT
TREASURER1.00Yes (X)Yes (X)$0$0$0
ANDREW NICK
CHIEF LEGAL OFFICER2.00Yes (X)$0$0$0
ALLISON LEE
VICE PRESIDENT OF LEGAL & COMPLIANCE3.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$5,675,000AllOtherContributionsAmt
Noncash Contributions$5,675,000NoncashContributionsAmt
Total Contributions$5,675,000TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$629TotalRevenueColumnAmt
Exclusion$629ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$5,675,000SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$5,675,000SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,675,629TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$629ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$5,607,138TotalAmt
Program Services$5,607,138ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,200TotalAmt
Management And General$1,200ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescPROCESSING FEESDesc
Total$67,938TotalAmt
Program Services$67,938ProgramServicesAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2TotalAmt
Management And General$2ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,676,278TotalAmt
Program Services$5,675,076ProgramServicesAmt
Management And General$1,202ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$428,119BOYAmt
EOY$585,886EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$25,742BOYAmt
EOY$1,002,130EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$453,861BOYAmt
EOY$1,588,016EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$112,366BOYAmt
EOY$174,880EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$300,783BOYAmt
EOY$1,410,246EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$413,149BOYAmt
EOY$1,585,126EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$40,712BOYAmt
EOY$2,890EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$40,712BOYAmt
EOY$2,890EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$453,861BOYAmt
EOY$1,588,016EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$649ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$37,173PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$1,188,952CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,503,817CurrentTaxYearMinus1YearAmt
Current Tax Year$5,675,000CurrentTaxYearAmt
Total$9,367,769TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$1,188,952CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,503,817CurrentTaxYearMinus1YearAmt
Current Tax Year$5,675,000CurrentTaxYearAmt
Total$9,367,769TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,329,843SubstantialContributorsTotAmt
Public Support Total170$7,037,926PublicSupportTotal170Amt
Total Support$9,367,769TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, SECTION A. PUBLIC SUPPORT:FormAndLineReferenceDesc
ExplanationCOLUMN (D): THE ORGANIZATION WAS INCORPORATED ON JANUARY 11, 2021, MAKING ITS FIRST TAX YEAR A SHORT YEAR.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$5,675,629TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$5,675,629RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,675,629TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,676,278TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$5,676,278ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,676,278TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, PART IV, LINE 11FFormAndLineReferenceDesc
ExplanationTHE FUND HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. IN ADDITION, THE FUND HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. MANAGEMENT EVALUATED THE FUND'S TAX POSITIONS AND CONCLUDED THAT THE FUND HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD NOT TAKEN UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (107 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
KIVA MICROFUNDS
986 MISSION STSAN FRANCISCOCA94103710992446501(C)(3)$222,654$0GENERAL SUPPORT
MUTTVILLE
255 ALABAMA STREETSAN FRANCISCOCA94103260416747501(C)(3)$204,624$0GENERAL SUPPORT
PALESTINE CHILDREN'S RELIEF FUND
1340 MORRIS RDKENTOH44224931057665501(C)(3)$174,915$0GENERAL SUPPORT
HABITAT FOR HUMANITY OF OMAHA
1701 N 24TH STREETOMAHANE68110363283625501(C)(3)$150,553$0GENERAL SUPPORT
DISCOVERY INSTITUTE
208 COLUMBIA STREETSEATTLEWA981041508911521697501(C)(3)$101,297$0GENERAL SUPPORT
NAMI
3803 N FAIRFAX DR 100ARLINGTONVA22203431201653501(C)(3)$98,095$0GENERAL SUPPORT
KIVA MICROFUNDS
986 MISSION STSAN FRANCISCOCA94103710992446501(C)(3)$95,388$0GENERAL SUPPORT
DISCOVERY INSTITUTE
208 COLUMBIA STREETSEATTLEWA981041508911521697501(C)(3)$91,023$0GENERAL SUPPORT
THE LIFE YOU CAN SAVE
975 WARD ROADSEQUIMWA98382462100400501(C)(3)$77,189$0GENERAL SUPPORT
TRINITY ANGLICAN CHURCH
5480 SOUTH HURON WAYLITTLETONCO80120813550792501(C)(3)$69,952$0GENERAL SUPPORT
MERCY CORPS
45 SOUTHWEST ANKENY STREETPORTLANDOR97204911148123501(C)(3)$61,702$0GENERAL SUPPORT
WORLD CENTRAL KITCHEN
200 MASSACHUSETTS AVE NW 7TH FLOORWASHINGTONDC20001273521132501(C)(3)$61,702$0GENERAL SUPPORT
INTERNATIONAL RESCUE COMMITTEE
PO BOX 6068ALBERT LEAMN56007135660870501(C)(3)$61,702$0GENERAL SUPPORT
CAREORG
PO BOX 1870MERRIFIELDVA22116131685039501(C)(3)$61,702$0GENERAL SUPPORT
PARTNERS IN HEALTH
800 BOYLSTON ST SUITE 300BOSTONMA02199043567502501(C)(3)$54,743$0GENERAL SUPPORT
TACOMAPIERCE COUNTY HABITAT FOR HUMANITY
4824 SOUTH TACOMA WAYTACOMAWA98409581735531501(C)(3)$52,052$0GENERAL SUPPORT
GARY SINISE FOUNDATION
PO BOX 40726NASHVILLETN37204800587086501(C)(3)$51,263$0GENERAL SUPPORT
SAN ANTONIO AREA FOUNDATION
155 CONCORD PLAZA DRIVESAN ANTONIOTX78216746065414501(C)(3)$51,170$0GENERAL SUPPORT
PHOENIX CHILDREN'S HOSPITAL
2929 E CAMELBACK ROADPHOENIXAZ85016742621549501(C)(3)$49,906$0GENERAL SUPPORT
HABITAT FOR HUMANITY IN WHATCOM COUNTY
1825 CORNWALL AVENUEBELLINGHAMWA98225911409512501(C)(3)$49,856$0GENERAL SUPPORT
HABITAT FOR HUMANITY OF OMAHA
1701 N 24TH STREETOMAHANE68110363283625501(C)(3)$49,766$0GENERAL SUPPORT
HABITAT FOR HUMANITY OF OMAHA
1701 N 24TH STREETOMAHANE68110363283625501(C)(3)$49,356$0GENERAL SUPPORT
DISCOVERY INSTITUTE
208 COLUMBIA STREETSEATTLEWA981041508911521697501(C)(3)$47,589$0GENERAL SUPPORT
KOREAN EMMANUEL PRESBYTERIAN CHURCH IN SAN JOSE AREA
4435 FORTRAN DRSAN JOSECA95134942895863501(C)(3)$42,193$0GENERAL SUPPORT
DISCOVERY INSTITUTE
208 COLUMBIA STREETSEATTLEWA981041508911521697501(C)(3)$39,434$0GENERAL SUPPORT
THE FUND FOR AFRICAN RELIEF AND EDUCATION
549 BRUMMEL COURT NORTHWESTWASHINGTONDC20012521935694501(C)(3)$38,587$0GENERAL SUPPORT
VINEYARD USA
5115 GROVE WEST BLVDSTAFFORDTX77477760683925501(C)(3)$37,683$0GENERAL SUPPORT
STAND TO REASON
1438 E 33RD STREETSIGNAL HILLCA907555200330604522501(C)(3)$34,707$0GENERAL SUPPORT
EPILEPSY FOUNDATION OF AMERICA
3540 CRAIN HIGHWAYBOWIEMD20716520856660501(C)(3)$31,829$0GENERAL SUPPORT
SILICON VALLEY INTERNATIONAL SCHOOL
151 LAURA LANEPALO ALTOCA94303942599581501(C)(3)$30,668$0GENERAL SUPPORT
THE LIFE YOU CAN SAVE
975 WARD ROADSEQUIMWA98382462100400501(C)(3)$30,432$0GENERAL SUPPORT
CITYTEAM
2306 ZANKER RDSAN JOSECA95131941501265501(C)(3)$30,382$0GENERAL SUPPORT
THE WILD ANIMAL SANCTUARY
1946 COUNTY ROAD 53KEENESBURGCO80643841351483501(C)(3)$25,490$0GENERAL SUPPORT
DISCOVERY INSTITUTE
208 COLUMBIA STREETSEATTLEWA981041508911521697501(C)(3)$25,075$0GENERAL SUPPORT
DOUBLE UP DRIVE
304 SOUTH JONES BOULEVARDLAS VEGASNV89107850762875501(C)(3)$25,000$0GENERAL SUPPORT
FCS URBAN MINISTRIES INC
1297 MCDONOUGH BLVDATLANTAGA30315581330830501(C)(3)$24,961$0GENERAL SUPPORT
DISCOVERY INSTITUTE
208 COLUMBIA STREETSEATTLEWA981041508911521697501(C)(3)$24,643$0GENERAL SUPPORT
THE LIFE YOU CAN SAVE
975 WARD ROADSEQUIMWA98382462100400501(C)(3)$23,347$0GENERAL SUPPORT
TAPESTRY LA CHURCH
1521 SOUTH HILL STREETLOS ANGELESCA90015471217654501(C)(3)$21,566$0GENERAL SUPPORT
TRINITY CHURCH
8620 EAST MCDONALD DRIVESCOTTSDALEAZ85250383985890501(C)(3)$21,405$0GENERAL SUPPORT
CONSERVATION NORTHWEST
1829 10TH AVENUE WESTSEATTLEWA98119943091547501(C)(3)$19,687$0GENERAL SUPPORT
PTA CALIFORNIA CONGRESS OF PARENTS TEACHERS & STUDENTS INC
161 CLARK DRIVESAN MATEOCA94402946174393501(C)(3)$19,649$0GENERAL SUPPORT
CONSERVATION NORTHWEST
1829 10TH AVENUE WESTSEATTLEWA98119943091547501(C)(3)$18,845$0GENERAL SUPPORT
HUSHABYE NURSERY
3003 EAST MCDOWELL ROADPHOENIXAZ85008822737849501(C)(3)$17,862$0GENERAL SUPPORT
CONSERVATION NORTHWEST
1829 10TH AVENUE WESTSEATTLEWA98119943091547501(C)(3)$17,641$0GENERAL SUPPORT
NORTH AUSTIN CHRISTIAN CHURCH OF AUSTIN TEXAS
8120 RESEARCH BOULEVARDAUSTINTX78758741853539501(C)(3)$17,309$0GENERAL SUPPORT
DAYBREAK ASSEMBLY
7439 NW 57TH STTAMARACFL33319650969435501(C)(3)$17,233$0GENERAL SUPPORT
RADIANCE CHRISTIAN CHURCH
1290 FILLMORE ST STE 112SAN FRANCISCOCA94115455579524501(C)(3)$16,889$0GENERAL SUPPORT
ANIMAL HUMANE SOCIETY
845 MEADOW LANE NGOLDEN VALLEYMN55422410693842501(C)(3)$15,350$0GENERAL SUPPORT
ANCHOR BAPTIST CHURCH
1880 E 5600 SHOLLADAYUT84121870310267501(C)(3)$14,480$0GENERAL SUPPORT
RENEWAL CHURCH
1111 W EL CAMINO REAL STE 133-110SUNNYVALECA94087371861851501(C)(3)$13,865$0GENERAL SUPPORT
THE NORWALK ART SPACE INC
455 WEST AVENUENORWALKCT06850863340267501(C)(3)$13,475$0GENERAL SUPPORT
RENEWAL CHURCH
1111 W EL CAMINO REAL STE 133-110SUNNYVALECA94087371861851501(C)(3)$13,273$0GENERAL SUPPORT
NAMI
3803 N FAIRFAX DR 100ARLINGTONVA22203431201653501(C)(3)$11,758$0GENERAL SUPPORT
MARINE TOYS FOR TOTS FOUNDATION
18251 QUANTICO GATEWAY DRIVETRIANGLEVA22172203021444501(C)(3)$10,765$0GENERAL SUPPORT
VEDANTA INSTITUTE HOUSTON
7823 WEDGEWOOD LNHOUSTONTX77055274350836501(C)(3)$10,461$0GENERAL SUPPORT
DISCOVERY INSTITUTE
208 COLUMBIA STREETSEATTLEWA981041508911521697501(C)(3)$10,349$0GENERAL SUPPORT
DOUBLE UP DRIVE
304 SOUTH JONES BOULEVARDLAS VEGASNV89107850762875501(C)(3)$10,143$0GENERAL SUPPORT
DISCOVERY INSTITUTE
208 COLUMBIA STREETSEATTLEWA981041508911521697501(C)(3)$10,088$0GENERAL SUPPORT
NORTHERN WATERS LAND TRUST
800 MINNESOTA AVE WWALKERMN56484411887906501(C)(3)$10,025$0GENERAL SUPPORT
DRAVET SYNDROME FOUNDATION INC
522 MACKIN DRCHERRY HILLNJ08002270924627501(C)(3)$10,012$0GENERAL SUPPORT
CITIZENS CHURCH OF SAN FRANCISCO
60 MEADOWBROOK DRIVESAN FRANCISCOCA94132473284954501(C)(3)$9,993$0GENERAL SUPPORT
THE NORWALK ART SPACE INC
455 WEST AVENUENORWALKCT06850863340267501(C)(3)$9,974$0GENERAL SUPPORT
RADIANCE CHRISTIAN CHURCH
1290 FILLMORE ST STE 112SAN FRANCISCOCA94115455579524501(C)(3)$9,944$0GENERAL SUPPORT
CONSERVATION NORTHWEST
1829 10TH AVENUE WESTSEATTLEWA98119943091547501(C)(3)$9,900$0GENERAL SUPPORT
PEDIATRIC BRAIN TUMOR FOUNDATION OF THE US INC
29 HICKORY NUT COVE ROADFAIRVIEWNC28730581966822501(C)(3)$9,862$0GENERAL SUPPORT
HCP CUREBLINDNESS
12 BEAVER MEADOW ROADNORWICHVT05055030362926501(C)(3)$9,808$0GENERAL SUPPORT
TAPESTRY LA CHURCH
1521 SOUTH HILL STREETLOS ANGELESCA90015471217654501(C)(3)$9,717$0GENERAL SUPPORT
CITIZENS CHURCH OF SAN FRANCISCO
60 MEADOWBROOK DRIVESAN FRANCISCOCA94132473284954501(C)(3)$9,638$0GENERAL SUPPORT
RIVER OAKS CHAMBER ORCHESTRA
3104 EDLOE STREETHOUSTONTX77027300288750501(C)(3)$9,608$0GENERAL SUPPORT
826LA
1714 W SUNSET BLVDLOS ANGELESCA90026383722092501(C)(3)$9,525$0GENERAL SUPPORT
RENEWAL CHURCH
1111 W EL CAMINO REAL STE 133-110SUNNYVALECA94087371861851501(C)(3)$8,929$0GENERAL SUPPORT
ST JUDE CHILDRENS RESEARCH HOSPITAL INC
501 ST JUDE PLACEMEMPHISTN38105620646012501(C)(3)$8,595$0GENERAL SUPPORT
KOKOMO RESCUE MISSION
321 W MULBERRY STKOKOMOIN46901351104430501(C)(3)$7,924$0GENERAL SUPPORT
INTERNATIONAL HOUSE OF PRAYER
3535 E RED BRIDGE ROADKANSAS CITYMO64137452262183501(C)(3)$7,874$0GENERAL SUPPORT
MAHARISHI INTERNATIONAL UNIVERSITY
1000 NORTH 4TH STREETFAIRFIELDIA52557421315493501(C)(3)$7,589$0GENERAL SUPPORT
THE FRIENDS OF ISRAEL GOSPEL MINISTRY INC
1179 ALMONESSON ROADWESTVILLENJ08093231365331501(C)(3)$7,531$0GENERAL SUPPORT
MUTTVILLE
255 ALABAMA STREETSAN FRANCISCOCA94103260416747501(C)(3)$7,461$0GENERAL SUPPORT
HOUSE RABBIT SOCIETY
148 BROADWAYRICHMONDCA94804943061685501(C)(3)$7,055$0GENERAL SUPPORT
ANCHOR BAPTIST CHURCH
1880 E 5600 SHOLLADAYUT84121870310267501(C)(3)$6,775$0GENERAL SUPPORT
OUTRIGHT ACTION INTERNATIONAL INC
216 E 45TH STREETNYNY10017943139952501(C)(3)$6,739$0GENERAL SUPPORT
SILICON VALLEY INTERNATIONAL SCHOOL
151 LAURA LANEPALO ALTOCA94303942599581501(C)(3)$6,679$0GENERAL SUPPORT
KOREAN EMMANUEL PRESBYTERIAN CHURCH IN SAN JOSE AREA
4435 FORTRAN DRSAN JOSECA95134942895863501(C)(3)$6,496$0GENERAL SUPPORT
REDEEMER PRESBYTERIAN CHURCH
43 WENTWORTH STREETCHARLESTONSC29401571072429501(C)(3)$6,486$0GENERAL SUPPORT
PRATHAM USA
9703 RICHMOND AVENUEHOUSTONTX77042760620808501(C)(3)$6,475$0GENERAL SUPPORT
RENEWAL CHURCH
1111 W EL CAMINO REAL STE 133-110SUNNYVALECA94087371861851501(C)(3)$6,081$0GENERAL SUPPORT
REDEEMER PRESBYTERIAN CHURCH
43 WENTWORTH STREETCHARLESTONSC29401571072429501(C)(3)$6,007$0GENERAL SUPPORT
PALESTINE CHILDREN'S RELIEF FUND
1340 MORRIS RDKENTOH44224931057665501(C)(3)$5,847$0GENERAL SUPPORT
HCP CUREBLINDNESS
12 BEAVER MEADOW ROADNORWICHVT05055030362926501(C)(3)$5,807$0GENERAL SUPPORT
REMOTE AREA MEDICAL
2200 STOCK CREEK BOULEVARDROCKFORDTN37853581647546501(C)(3)$5,807$0GENERAL SUPPORT
HOLY CROSS LUTHERAN CHURCH
1151 NORTH SAINT MARYS ROADLIBERTYVILLEIL60048363106864501(C)(3)$5,654$0GENERAL SUPPORT
GARY SINISE FOUNDATION
PO BOX 40726NASHVILLETN37204800587086501(C)(3)$5,476$0GENERAL SUPPORT
TREEHOUSE
2100 24TH AVENUE S SUITE 200SEATTLEWA98144911425676501(C)(3)$5,368$0GENERAL SUPPORT
CONSERVATION NORTHWEST
1829 10TH AVENUE WESTSEATTLEWA98119943091547501(C)(3)$5,325$0GENERAL SUPPORT
GIRLS WHO CODE INC
1250 BROADWAYNEW YORKNY10001300728021501(C)(3)$5,313$0GENERAL SUPPORT
KIVA MICROFUNDS
986 MISSION STSAN FRANCISCOCA94103710992446501(C)(3)$5,265$0GENERAL SUPPORT
THE GOOD PEOPLE FUND INC
384 WYOMING AVENUEMILLBURNNJ07041261887249501(C)(3)$5,190$0GENERAL SUPPORT
COMPASSION & CHOICES
101 SW MADISON ST UNIT 8009PORTLANDOR97207841328829501(C)(3)$5,183$0GENERAL SUPPORT
DISCOVERY INSTITUTE
208 COLUMBIA STREETSEATTLEWA981041508911521697501(C)(3)$5,181$0GENERAL SUPPORT
VEDANTA INSTITUTE HOUSTON
7823 WEDGEWOOD LNHOUSTONTX77055274350836501(C)(3)$5,139$0GENERAL SUPPORT
ALL THINGS POSSIBLE
3472 RESEARCH PKWYCOLORADO SPRINGSCO80920200310367501(C)(3)$5,056$0GENERAL SUPPORT
FRIENDS OF ROOTS
4901 LIBBIT AVENUELOS ANGELESCA91436474308704501(C)(3)$5,034$0GENERAL SUPPORT
SILICON VALLEY INTERNATIONAL SCHOOL
151 LAURA LANEPALO ALTOCA94303942599581501(C)(3)$5,030$0GENERAL SUPPORT
PREBLE STREET
55 PORTLAND STREETPORTLANDME04101010418917501(C)(3)$5,028$0GENERAL SUPPORT
NAMI
3803 N FAIRFAX DR 100ARLINGTONVA22203431201653501(C)(3)$5,022$0GENERAL SUPPORT
SILICON VALLEY INTERNATIONAL SCHOOL
151 LAURA LANEPALO ALTOCA94303942599581501(C)(3)$5,021$0GENERAL SUPPORT
AI4ALL
548 MARKET ST PMB 95333SAN FRANCISCOCA94104822792979501(C)(3)$1,005,179$0GENERAL SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org115Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationPROSPECTIVE NON-PROFIT PARTNERS ARE REQUIRED TO SIGN A MASTER SUBSCRIBER AGREEMENT THAT REQUIRES THAT, IN EXCHANGE FOR THEIR RECEIPT OF DISBURSEMENTS, THEY COVENANT AND AGREE THAT: - THEY WILL NOTIFY US PROMPTLY OF ANY CHANGE TO THEIR TAX-EXEMPT STATUS, THEIR CLASSIFICATION AS A PUBLIC CHARITY UNDER SECTION 509(A)(1) OR (2) OF THE INTERNAL REVENUE CODE OR THEIR ABILITY TO CARRY OUT THEIR ORGANIZATION'S CHARITABLE PURPOSES; - THEY WILL USE THE PROCEEDS OF SUCH DISBURSEMENTS ONLY FOR THEIR ORGANIZATION'S CHARITABLE PURPOSES; - THEY WILL NOT USE THE PROCEEDS OF DISBURSEMENTS TO CONDUCT NON-CHARITABLE ACTIVITIES, INCLUDING ILLEGAL ACTIVITIES, PROHIBITED POLITICAL ACTIVITIES, AND CONVEYING AN UNLAWFUL PRIVATE BENEFIT TO ANY INDIVIDUAL OR ENTITY; - THEY WILL COMPLY WITH ALL APPLICABLE LAWS AND REGULATIONS GOVERNING THE SOLICITATION OF CHARITABLE CONTRIBUTIONS, INCLUDING BY FULFILLING ANY APPLICABLE REGISTRATION REQUIREMENTS; - THEY WILL PROVIDE NO GOODS OR SERVICES OF VALUE TO ANY DONOR IN EXCHANGE FOR THEIR DONATION OF ANY STOCK/CRYPTO GIFT OR THEIR SUBSEQUENT RECEIPT OF AN ASSOCIATED DISBURSEMENT, EXCEPT WHERE SUCH GOODS OR SERVICES MAY BE DISREGARDED IN ACCORDANCE WITH IRS GUIDANCE.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution750ContributionCnt
Noncash Contributions Rpt F990$4,744,922NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescCRYPTOCURRENCYDesc
Contribution750ContributionCnt
Noncash Contributions Rpt F990$930,078NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received2Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE RETURN PREPARER EMAILS A COPY OF THE FINAL VERSION OF FORM 990 TO EACH BOARD MEMBER BEFORE IT WAS FILED.
FORM 990, PART VI, SECTION B, LINE 12CFREEWILL IMPACT FUND'S CONFLICT OF INTEREST POLICY (THE "POLICY") IS DESIGNED TO ENSURE THAT WHENEVER A MATTER IS DISCUSSED OR A DECISION IS MADE BY THE ORGANIZATION'S BOARD OR COMMITTEE, BOARD AND COMMITTEE MEMBERS FIRST ARE MADE AWARE OF THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE POLICY COVERS BOARD MEMBERS, OFFICERS, KEY EMPLOYEES AND ANY OTHER PERSONS WHO REGULARLY ATTEND THE ORGANIZATION BOARD AND COMMITTEE MEETINGS. IN ACCORDANCE WITH PARAGRAPH 2 OF ARTICLE III OF THE POLICY, THE REMAINING DISINTERESTED BOARD OR COMMITTEE MEMBERS (REFERRED TO AS THE "INDEPENDENT EVALUATION COMMITTEE OR "IEC") SHALL REVIEW THE MATTER, AND DECIDE IF A CONFLICT OF INTEREST EXISTS. PARAGRAPH 3 OF ARTICLE III OF THE POLICY SETS OUT THE PROCEDURES FOR ADDRESSING AN ACTUAL OR POTENTIAL CONFLICT, INCLUDING THE RESTRICTIONS IMPOSED ON PERSONS WITH A CONFLICT INCLUDING: - IF AN ACTUAL OR POTENTIAL CONFLICT HAS BEEN DETERMINED TO EXIST, AN INTERESTED PERSON (AS DEFINED) MAY STILL MAKE A PRESENTATION AT THE IEC MEETING, BUT AFTER SUCH PRESENTATION, SUCH INDIVIDUAL, AND ANY OTHER INTERESTED PERSON VIS A VIS THAT PERSON OR TRANSACTION, SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. ANY BENEFIT RECEIVED BY THE INTERESTED PERSON MUST BE DISCLOSED AT SUCH BOARD OR COMMITTEE MEETING. - THE CHAIRPERSON OF THE IEC SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. - AFTER EXERCISING DUE DILIGENCE, THE IEC SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. - IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST IS NOT REASONABLY ATTAINABLE UNDER THE CIRCUMSTANCES, THE IEC SHALL DETERMINE BY A MAJORITY VOTE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE ORGANIZATION AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D).