2020-06-01T14:59:10-05:00 2019-12-31 205579753 ALAN S GLACKMAN CPA PC 38 MAHAIWE ST STE 5 GREAT BARRINGTON MA 01230 990 2019-01-01 461421645 SCHUMACHER CTR FOR A NEW ECONOMICS INC SCHU 4135281737 140 JUG END ROAD GREAT BARRINGTON MA 01230 SUSAN C WITT EXEC DIR &TREASURER 4135281737 2020-04-02 true ALAN S GLACKMAN P00004273 4135286804 2020-06-01 52.37.240.203 2020-06-01 14:59:10 CD P 6ABB529BAF96BCE7E85BF865BCC86B71D86E1232 F84FCA4269FA6CBDE1B1A004D9B454C86A58909F 2019 2020-09-23 17:36:50Z SUSAN C WITT 140 JUG END ROAD GREAT BARRINGTON MA 01230 754665 false X HTTP://CENTERFORNEWECONOMICS.ORG X 2012 MA EDUCATION - TO EDUCATE THE PUBLIC ABOUT AN ECONOMICS THAT SUPPORTS BOTH PEOPLE AND THE PLANET. 10 10 11 0 454900 748025 5921 3935 -355 0 2738 2205 463204 754165 0 0 232066 283626 0 31359 212589 223181 444655 506807 18549 247358 542019 991259 355 202237 541664 789022 X EDUCATION - TO EDUCATE THE PUBLIC ABOUT AN ECONOMICS THAT SUPPORTS BOTH PEOPLE AND THE PLANET. false false 138164 THE REINVENTING THE COMMONS PROGRAM CONDUCTS RESEARCH INTO THE COMMONS AS A PARADIGM OF ECONOMIC AND SOCIAL CHANGE, AND SHARES IT WITH SCHOLARS, POLICY EXPERTS AND THE PUBLIC. IN 2019 THIS WORK WAS SHARED VIA KEYNOTE TALKS AT CONFERENCES(2), WORKSHOPS OF COLLEAGUES(4), WEBINARS (1),A PODCAST (1), SOCIAL MEDIA POSTS (25+), A CHAPTER IN A BOOK ANTHOLOGY (1), MEDIA INTERVIEWS (5), BOOK ENDORSEMENTS (3), FORMAL PARTICIPATION ON ACADEMIC AND ORGANIZATIONS' ADVISORY COMMITTEES (3), AND PERSONAL CONSULTATIONS WITH ACTIVISTS AND ORGANIZATIONS (75+). THE DIRECTOR OF THE PROGRAM ALSO PUBLISHED A 450-PAGE BOOK THAT WAS PUBLICIZED VIA A BOOK TOUR OF 24 PUBLIC APPEARANCES, BOOK EXCERTS IN VARIOUS WEB MAGAZINES (7), ONLINE VIDEOS OF PUBLIC TALKS (2), AN INTERVIEW ON A SYNDICATED RADIO SHOW (1), AND A MAGAZINE PROFILE (1). APPROXIMATELY 2,500 PEOPLE WERE REACHED IN PERSON AND AN ESTIMATED ADDITIONAL 100,000 PEOPLE VIA VARIOUS MEDIA. 73342 LOCAL CURRENCY PROJECT - THE SCHUMACHER CENTER FOR A NEW ECONOMICS PROVIDED RESEARCH ASSISTANCE, DEVELOPMENT, AND ADMINISTRATIVE OVERSIGHT FOR BERKSHARES, A LOCAL CURRENCY DESIGNED TO EDUCATE CITIZENS ABOUT THE IMPORTANCE OF VIBRANT, SELF-SUFFICIENT, REGIONAL ECONOMIES. THE CENTER CREATED EDUCATIONAL MATERIAL FOR PRINT AND ONLINE; DEVELOPED SYSTEMS FOR INTEGRATING WITH BANK OPERATIONS; HOSTED MEDIA, AND REPRESENTATIVES OF COMMUNITIES IN OTHER REGIONS WHO ARE STUDYING THE PROGRAM; AND CONTINUED ITS SPONSORSHIP OF "ENTRY-TO-ENTREPRENEURSHIP", AN INNOVATIVE BUSINESS PLANNING PROGRAM THAT BRINGS THE LOCAL BUSINESS COMMUNITY AND ASPIRING ENTREPRENEURS TOGETHER. BERKSHARES HAS RECENTLY EXPANDED TO ADDRESS BROADER ECONOMIC DEVELOPMENT ISSUES AND HAS CREATED PROGRAMS TO HELP IDENTIFY AREAS IN THE LOCAL ECONOMY THAT COULD BE DEVELOPED THROUGH LOCAL MANUFACTURING TO REDUCE IMPORTATION OF PRODUCTS AND SERVICES. THE BERKSHARES PROGRAM SERVES 10,000 PERSONS REGIONALLY AND THROUGH MEDIA AND INTERNET REACHES OVER 200,000 PERSONS NATIONALLY AND INTERNATIONALLY. 47346 LIBRARY OPERATIONS - DURING MOST OF 2019 THE SCHUMACHER CENTER'S LIBRARY AND OFFICES WERE UNDER RENOVATION. THE RESULT WILL BE A CLIMATE CONTROLLED ENVIRONMENT FOR THE SCHUMACHER CENTER'S VALUABLE COLLECTION OF BOOKS AND PAPERS,INCLUDIG FRITZ SCHUMACHER'S PERSONAL BOOKS AND PAPERS AND THOSE OF OTHER DECENTRALIST AUTHORS AND ACTIVISTS. THE LIBRARIAN CONTUINUED CATALOGUING COLLECTIONS PRVIOUSLY DONATED AND HOSTED TWENTY RESEARCHERS, 3 OF WHOM TRAVELLED SEPARATELY FROM ENGLAND FOR WEEK-LONG STAYS TO REVIEW MATERIAL TO FINISH BOOKS OR RESEARCH PAPERS. THESE RESEARCHERS INDEPENDENTLY COMMENTED THAT HISTORIANS ARE ONLY NOW REALIZING THE CONTRIBUTION OF THINKERS IN THE PERIOD OF 1950-1970'S ON CONTEMPORARY SOCIAL ACTIVISM. THE SCHUMACHER CENTER'S LIBRARY HAS FOCUSED ON COLLECTIONS FROM THIS PERIOD AND WILL BE AN IMPORTANT RESOURCE FOR HISTORIANS. THE LIBRARY OPERATIONS SERVE OVER 1,000 PERSONS ANNUALLY. 120831 THE SCHUMACHER CENTER MAINTAINS A PUBLICATION PROGRAM BOTH IN PRINT AND ONLINE. THE PUBLICATIONS INCLUDE SCHUMACHER LECTURES, BUT ALSO INCLUDE THE LEGAL AND OPERATIONAL DOCUMENTS FOR THE ORGANIZATION'S LOCAL CURRENCY, COMMUNITY LAND TRUST, AND SHARE MICRO-CREDIT PROGRAMS, AS WELL AS BACKGROUND TEXTS TO THESE PROGRAMS. THE SCHUMACHER CENTER MAINTAINS A WEBSITE OF THE 40 YEAR'S PUBLICATION OF MANAS, A JOURNAL OF INDEPENDENT INQUIRY, CONCERNED WITH THE STUDY OF PRINCIPLES WHICH MOVE THE WORLD ON ITS PRESENT COURSE. THE SITE RECEIVES OVER 147,000 UNIQUE VIEWS IN 2019. THE SCHUMACHER CENTER DIGITALIZED ALL OF THE TAPES FROM THE LINDISFARNE ASSOCIATION, A COLLECTION OF CONVERSATIONS ON CULTURE, SOCIETY, AND TECHNOLOGY. THESE ARE ALL ONLINE AT THE CENTER'S ARCHIVE.ORG SITE. ADDITIONALY, THE SCHUMACHER CENTER PUBLISHES LECTURES AS PODCASTS. THE SCHUMACHER CENTER'S COMBINED WESITES RECEIVED OVER 151,000 UNIQUE VIEWS IN 2019. DOWNLOADS OF MATERIAL TOTALED NEARLY 8,000. THE COMMUNITY LAND TRUST PROGRAM IS PROVIDING INFORMATION ABOUT THE ROLE OF LAND AND NATURAL RESOURCES IN A NEW ECONOMIC SYSTEM. WORKING WITH THE COMMUNITY LAND TRUST IN THE SOUTHERN BERKSHIRES, THE SCHUMACHER CENTER IS MODELING NEW LEGAL DOCUMENTS TO ENSURE AFFORDABLE ACCESS TO LAND FOR HOMES, BUSINESSES, AND FARMS. THESE DOCUMENTS ARE PART OF THE SCHUMACHER CENTER'S WEBSITE. THE PROGRAM SERVES 1,000 PERSONS REGIONALLY AND ANOTHER 5,000 IN VISITS TO MATERIAL ONLINE. LECTURES & EDUCATIONAL EVENTS - THE THIRTY-NINTH ANNUAL E.F. SCHUMACHER LECTURES WERE HELD IN GREAT BARRINGTON, MA IN COOPERATION WITH OTHER ORGANIZATIONS. THE AUDIENCE OF 250 ATTENDEES HEARD AN ADDRESS BY SALLIE CALHOUN, A RANCHER, AND INVESTER IN, AND ADVOCATE FOR, REGENERATIVE AGRICULTURE. THE SECOND TALK WAS BY GREG WATSON, A SYSTEMS THINKER AND HEIR TO BUCKMINSTER FULLER'S LEGENDARY WORLD GAME. THEIR TALKS WERE VIDEOED AND PLACED ON THE CENTER'S WEBSITE. VIEWS OF THE LECTURE PROGRAMS ONLINE REACHED OVER 1,000 IN 2019. THE IMPACT OF WEALL'S WORK TO BUILD AWARENESS AND CATALYSE COLLABORATIVE EFFORTS TO BRING ABOUT A WELLBEING ECONOMY-AN ECONOMY THAT PUTS PEOPLE AND THE PLANET FIRST-HAS CONTINUED TO EXPAND DURING 2019. OUR WEALL CITIZENS PLATFORM HAS GROWN TO OVER 1,000 REGISTERED USERS IN 63 COUNTRIES (892 REGULARLY ATIVE). ON FACEBOOK WE NOW HAVE 2,332 FOLLOWERS, WITH 3,311 ON TWITTER AND 1,040 ON INSTAGRAM (WEALL YOUTH HAS AN ADDITIONAL 1,655 ON INSTAGRAM). OUR WEBSITE CONTINUES TO DELIVER EXCELLENT STATISTICS WITH OVER 7,000 MONTHLY SESSIONS AVERAGING AT 2 MINUTES AND 4 SECONDS PER VISIT. THE WEBSITE HAS AN EXTRAORDINARILY LOW BOUNCE RATE OF 0.63% COMPAIRED WITH GLOBAL GUIDEANCE OF 26% BEING CONSIDERED TO BE A BOUNCE RATE TO AIM FOR (THIS IS THE PERCENTAGE OF PEOPLE WHO LEAVE AFTER JUST LOOKING AT ONE PAGE). WE HAVE GROWN OUR NEWSLETTER SUBSCRIBERS TO 1,193 AND UNUSUALLY HIGH ENGAGEMENT RATE WITH 28% CLASSED BY MAILCHIMP AS "HIGHLY ENGAGED- AND CONSISTENT EMAIL OPEN RATES ABOVE 40%. EDUCATION- TO EDUCATE THE PUBLIC ABOUT AN ECONOMICS THAT SUPPORTS BOTH PEOPLE AND THE PLANET. THE SCHUMACHER CENTER FOR A NEW ECONOMICS BELIEVES THAT A FAIR AND SUSTAINABLE ECONOMY IS POSSIBLE AND THAT CITIZENS WORKING FOR THE COMMON INTEREST CAN BUILD SYSTEMS TO ACHIEVE IT. 120831 379683 true true false false false false false false false false true false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 13 0 true 11 true false false false false false false false false false false false false false false X 10 10 false false false false false false false true true false false false true true true true false true false false MA X X X MICHAL SNYDER 4135284465 140 JUG END ROAD GREAT BARRINGTON MA 01230 X KALI AKUNO DIRECTOR 0.50 X 0 0 0 MARY BERRY DIRECTOR 0.50 X 0 0 0 JODIE EVANS DIRECTOR 0.50 X 0 0 0 SEVERINE VON TSCHARNER FLEMING DIRECTOR 0.50 X 0 0 0 HILDEGARDE HANNUM CLERK 8.00 X 0 0 0 TONY HERNANDEZ DIRECTOR 0.50 X 0 0 0 BROOKE LEHMAN VICE PRESIDE 0.50 X X 0 0 0 ALICE MAGGIO DIRECTOR 0.50 X 0 0 0 JERRY MANDER DIRECTOR 0.50 X 0 0 0 MATTHEW STINCHCOMB PRES OF BD O 2.00 X X 0 0 0 SUSAN C WITT EXEC DIR &TR 60.00 X 0 0 0 false false false 748025 748025 EVENT FEES 611600 3435 3435 SPEAKING FEES 611600 500 500 3935 1550 1550 1550 1550 1155 500 655 655 754165 6140 74000 40044 15456 18500 187750 163778 21326 2646 21876 16955 3228 1693 1760 657 1048 55 12595 2519 10076 1369 1369 1735 479 1189 67 23729 20842 410 2477 1444 289 1155 16510 8984 6524 1002 10389 2078 8311 PROGRAM EXPENSES 71146 71146 CONSULTANT-GROUNDS/DRIVEW 17240 10171 5862 1207 INTERNET HOSTING 9371 4854 4364 153 LEASE FEES AND TX 7648 4512 2601 535 48245 31006 14215 3024 506807 379683 95765 31359 214663 312872 25832 25332 567216 268590 301524 298626 1000 353429 542019 991259 355 2237 200000 355 202237 X 392644 657713 149020 131309 541664 789022 542019 991259 247358 X false true true false X 574299 380420 482686 454900 748025 2640330 574299 380420 482686 454900 748025 2640330 2640330 2 1 1 4 2640334 29122 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 461488 211449 250039 59394 16771 42623 17871 16914 957 28463 23456 5007 298626 C0NSTRUCTION DEPOSITS 353429 353429 SECURED NOTE PAYABLE 200000 200000 754165 754165 754165 506807 506807 506807 FORM 990, PAGE 2, PART III, LINE 4A THE REINVENTING THE COMMONS PROGRAM CONDUCTS RESEARCH INTO THE COMMONS AS A PARADIGM OF ECONOMIC AND SOCIAL CHANGE, AND SHARES IT WITH SCHOLARS, POLICY EXPERTS AND THE PUBLIC. IN 2019 THIS WORK WAS SHARED VIA KEYNOTE TALKS AT CONFERENCES(2), WORKSHOPS OF COLLEAGUES(4), WEBINARS (1),A PODCAST (1), SOCIAL MEDIA POSTS (25+), A CHAPTER IN A BOOK ANTHOLOGY (1), MEDIA INTERVIEWS (5), BOOK ENDORSEMENTS (3), FORMAL PARTICIPATION ON ACADEMIC AND ORGANIZATIONS' ADVISORY COMMITTEES (3), AND PERSONAL CONSULTATIONS WITH ACTIVISTS AND ORGANIZATIONS (75+). THE DIRECTOR OF THE PROGRAM ALSO PUBLISHED A 450-PAGE BOOK THAT WAS PUBLICIZED VIA A BOOK TOUR OF 24 PUBLIC APPEARANCES, BOOK EXCERTS IN VARIOUS WEB MAGAZINES (7), ONLINE VIDEOS OF PUBLIC TALKS (2), AN INTERVIEW ON A SYNDICATED RADIO SHOW (1), AND A MAGAZINE PROFILE (1). APPROXIMATELY 2,500 PEOPLE WERE REACHED IN PERSON AND AN ESTIMATED ADDITIONAL 100,000 PEOPLE VIA VARIOUS MEDIA. FORM 990, PAGE 2, PART III, LINE 4B LOCAL CURRENCY PROJECT - THE SCHUMACHER CENTER FOR A NEW ECONOMICS PROVIDED RESEARCH ASSISTANCE, DEVELOPMENT, AND ADMINISTRATIVE OVERSIGHT FOR BERKSHARES, A LOCAL CURRENCY DESIGNED TO EDUCATE CITIZENS ABOUT THE IMPORTANCE OF VIBRANT, SELF-SUFFICIENT, REGIONAL ECONOMIES. THE CENTER CREATED EDUCATIONAL MATERIAL FOR PRINT AND ONLINE; DEVELOPED SYSTEMS FOR INTEGRATING WITH BANK OPERATIONS; HOSTED MEDIA, AND REPRESENTATIVES OF COMMUNITIES IN OTHER REGIONS WHO ARE STUDYING THE PROGRAM; AND CONTINUED ITS SPONSORSHIP OF "ENTRY-TO-ENTREPRENEURSHIP", AN INNOVATIVE BUSINESS PLANNING PROGRAM THAT BRINGS THE LOCAL BUSINESS COMMUNITY AND ASPIRING ENTREPRENEURS TOGETHER. BERKSHARES HAS RECENTLY EXPANDED TO ADDRESS BROADER ECONOMIC DEVELOPMENT ISSUES AND HAS CREATED PROGRAMS TO HELP IDENTIFY AREAS IN THE LOCAL ECONOMY THAT COULD BE DEVELOPED THROUGH LOCAL MANUFACTURING TO REDUCE IMPORTATION OF PRODUCTS AND SERVICES. THE BERKSHARES PROGRAM SERVES 10,000 PERSONS REGIONALLY AND THROUGH MEDIA AND INTERNET REACHES OVER 200,000 PERSONS NATIONALLY AND INTERNATIONALLY. FORM 990, PAGE 2, PART III, LINE 4C LIBRARY OPERATIONS - DURING MOST OF 2019 THE SCHUMACHER CENTER'S LIBRARY AND OFFICES WERE UNDER RENOVATION. THE RESULT WILL BE A CLIMATE CONTROLLED ENVIRONMENT FOR THE SCHUMACHER CENTER'S VALUABLE COLLECTION OF BOOKS AND PAPERS,INCLUDIG FRITZ SCHUMACHER'S PERSONAL BOOKS AND PAPERS AND THOSE OF OTHER DECENTRALIST AUTHORS AND ACTIVISTS. THE LIBRARIAN CONTUINUED CATALOGUING COLLECTIONS PRVIOUSLY DONATED AND HOSTED TWENTY RESEARCHERS, 3 OF WHOM TRAVELLED SEPARATELY FROM ENGLAND FOR WEEK-LONG STAYS TO REVIEW MATERIAL TO FINISH BOOKS OR RESEARCH PAPERS. THESE RESEARCHERS INDEPENDENTLY COMMENTED THAT HISTORIANS ARE ONLY NOW REALIZING THE CONTRIBUTION OF THINKERS IN THE PERIOD OF 1950-1970'S ON CONTEMPORARY SOCIAL ACTIVISM. THE SCHUMACHER CENTER'S LIBRARY HAS FOCUSED ON COLLECTIONS FROM THIS PERIOD AND WILL BE AN IMPORTANT RESOURCE FOR HISTORIANS. THE LIBRARY OPERATIONS SERVE OVER 1,000 PERSONS ANNUALLY. FORM 990, PAGE 2, PART III, LINE 4D THE SCHUMACHER CENTER MAINTAINS A PUBLICATION PROGRAM BOTH IN PRINT AND ONLINE. THE PUBLICATIONS INCLUDE SCHUMACHER LECTURES, BUT ALSO INCLUDE THE LEGAL AND OPERATIONAL DOCUMENTS FOR THE ORGANIZATION'S LOCAL CURRENCY, COMMUNITY LAND TRUST, AND SHARE MICRO-CREDIT PROGRAMS, AS WELL AS BACKGROUND TEXTS TO THESE PROGRAMS. THE SCHUMACHER CENTER MAINTAINS A WEBSITE OF THE 40 YEAR'S PUBLICATION OF MANAS, A JOURNAL OF INDEPENDENT INQUIRY, CONCERNED WITH THE STUDY OF PRINCIPLES WHICH MOVE THE WORLD ON ITS PRESENT COURSE. THE SITE RECEIVES OVER 147,000 UNIQUE VIEWS IN 2019. THE SCHUMACHER CENTER DIGITALIZED ALL OF THE TAPES FROM THE LINDISFARNE ASSOCIATION, A COLLECTION OF CONVERSATIONS ON CULTURE, SOCIETY, AND TECHNOLOGY. THESE ARE ALL ONLINE AT THE CENTER'S ARCHIVE.ORG SITE. ADDITIONALY, THE SCHUMACHER CENTER PUBLISHES LECTURES AS PODCASTS. THE SCHUMACHER CENTER'S COMBINED WESITES RECEIVED OVER 151,000 UNIQUE VIEWS IN 2019. DOWNLOADS OF MATERIAL TOTALED NEARLY 8,000. THE COMMUNITY LAND TRUST PROGRAM IS PROVIDING INFORMATION ABOUT THE ROLE OF LAND AND NATURAL RESOURCES IN A NEW ECONOMIC SYSTEM. WORKING WITH THE COMMUNITY LAND TRUST IN THE SOUTHERN BERKSHIRES, THE SCHUMACHER CENTER IS MODELING NEW LEGAL DOCUMENTS TO ENSURE AFFORDABLE ACCESS TO LAND FOR HOMES, BUSINESSES, AND FARMS. THESE DOCUMENTS ARE PART OF THE SCHUMACHER CENTER'S WEBSITE. THE PROGRAM SERVES 1,000 PERSONS REGIONALLY AND ANOTHER 5,000 IN VISITS TO MATERIAL ONLINE. LECTURES & EDUCATIONAL EVENTS - THE THIRTY-NINTH ANNUAL E.F. SCHUMACHER LECTURES WERE HELD IN GREAT BARRINGTON, MA IN COOPERATION WITH OTHER ORGANIZATIONS. THE AUDIENCE OF 250 ATTENDEES HEARD AN ADDRESS BY SALLIE CALHOUN, A RANCHER, AND INVESTER IN, AND ADVOCATE FOR, REGENERATIVE AGRICULTURE. THE SECOND TALK WAS BY GREG WATSON, A SYSTEMS THINKER AND HEIR TO BUCKMINSTER FULLER'S LEGENDARY WORLD GAME. THEIR TALKS WERE VIDEOED AND PLACED ON THE CENTER'S WEBSITE. VIEWS OF THE LECTURE PROGRAMS ONLINE REACHED OVER 1,000 IN 2019. THE IMPACT OF WEALL'S WORK TO BUILD AWARENESS AND CATALYSE COLLABORATIVE EFFORTS TO BRING ABOUT A WELLBEING ECONOMY-AN ECONOMY THAT PUTS PEOPLE AND THE PLANET FIRST-HAS CONTINUED TO EXPAND DURING 2019. OUR WEALL CITIZENS PLATFORM HAS GROWN TO OVER 1,000 REGISTERED USERS IN 63 COUNTRIES (892 REGULARLY ATIVE). ON FACEBOOK WE NOW HAVE 2,332 FOLLOWERS, WITH 3,311 ON TWITTER AND 1,040 ON INSTAGRAM (WEALL YOUTH HAS AN ADDITIONAL 1,655 ON INSTAGRAM). OUR WEBSITE CONTINUES TO DELIVER EXCELLENT STATISTICS WITH OVER 7,000 MONTHLY SESSIONS AVERAGING AT 2 MINUTES AND 4 SECONDS PER VISIT. THE WEBSITE HAS AN EXTRAORDINARILY LOW BOUNCE RATE OF 0.63% COMPAIRED WITH GLOBAL GUIDEANCE OF 26% BEING CONSIDERED TO BE A BOUNCE RATE TO AIM FOR (THIS IS THE PERCENTAGE OF PEOPLE WHO LEAVE AFTER JUST LOOKING AT ONE PAGE). WE HAVE GROWN OUR NEWSLETTER SUBSCRIBERS TO 1,193 AND UNUSUALLY HIGH ENGAGEMENT RATE WITH 28% CLASSED BY MAILCHIMP AS "HIGHLY ENGAGED- AND CONSISTENT EMAIL OPEN RATES ABOVE 40%. EDUCATION- TO EDUCATE THE PUBLIC ABOUT AN ECONOMICS THAT SUPPORTS BOTH PEOPLE AND THE PLANET. THE SCHUMACHER CENTER FOR A NEW ECONOMICS BELIEVES THAT A FAIR AND SUSTAINABLE ECONOMY IS POSSIBLE AND THAT CITIZENS WORKING FOR THE COMMON INTEREST CAN BUILD SYSTEMS TO ACHIEVE IT. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD OF DIRECTORS AUTHORIZED THE AUDIT COMMITTEE TO REVIEW AND APPROVE FORM 990 PRIOR TO ITS FILING. A FORM 8879-EO WAS THEN SIGNED BY THE PRESIDENT OF THE ORGANIZATION AUTHORIZING THE ELECTRONIC FILING OF THE FORM 990. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS REQUIRES AN ANNUAL DECLARATION FROM ALL BOARD MEMBERS AND EXECUTIVE DIRECTOR AS TO THE EXISTANCE AND DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE EXECUTIVE DIRECTOR IS SET BY THE BOARD OF DIRECTORS AT AN ANNUAL BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS CAME ABOUT THROUGH ITS BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR AND IS REVIEWED ANNUALLY FOR IMPROVEMENTS AND REVISIONS. THIS IS THE SAME FOR THE CONFLICT OF INTEREST POLICY. FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH THE STATE OF MASSACHUSETTS WEBSITE, THROUGH THE WEBSITE OF THE SCHUMACHER CENTER FOR A NEW ECONOMICS,THROUGH GUIDESTAR'S WEBSITE AND UPON REQUEST.