2018-05-09T10:17:21-05:00 2017-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2017-01-01 136128447 AVON PRODUCTS FOUNDATION INC AVON 9149352920 601 MIDLAND AVENUE RYE NY 10580 CHRIS WERMANN PRESIDENT 9149352920 2018-05-09 1 GARRETT M HIGGINS P00543209 9143818900 2018-05-03 65.51.112.58 2018-05-09 10:17:17 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A3EB9A663B166A7F172762214481AEBFA8C1AD13 2017 2021-01-29 14:40:06Z CHRIS WERMANN 601 MIDLAND AVENUE RYE NY 10580 3880160 0 X WWW.AVONFOUNDATION.ORG X 1955 NY THE MISSION OF THE FOUNDATION IS TO HELP IMPROVE THE LIVES OF WOMEN WORLDWIDE. 3 0 0 9 0 0 3129818 2696415 0 0 79988 63181 1990880 1120564 5200686 3880160 8681005 3882195 0 0 0 0 0 0 0 573618 575550 9254623 4457745 -4053937 -577585 12758928 7825606 4901640 534823 7857288 7290783 X SEE SCHEDULE O 0 0 1707942 1705413 SPEAK OUT AGAINST DOMESTIC VIOLENCE, SEE SCHEDULE OTHE AVON FOUNDATION IS COMMITTED TO THE MISSION OF ENDING GENDER BASED VIOLENCE. THE AVON FOUNDATION SPEAK OUT AGAINST DOMESTIC VIOLENCE INITIATIVE WAS LAUNCHED IN THE US IN 2004 TO ACCELERATE PROGRESS TOWARD THAT GOAL.TO ACHIEVE ITS SPEAK OUT OBJECTIVES, THE AVON FOUNDATION STRATEGIES INCLUDE:1. FUNDING:MAKE GRANTS TO OUTSTANDING NONPROFIT ORGANIZATIONS WORKING TO END VIOLENCE AGAINST WOMEN AND SERVE VICTIMS AND THEIR FAMILIES, WITH A FOCUS ON THOSE THAT PROVIDE EDUCATION AND AWARENESS PROGRAMS; OFFER CRITICAL SUPPORT OR SERVICES FOR VICTIMS AND THEIR FAMILIES; OFFER EDUCATION AND DIRECTION FOR PEER-LED PROGRAMS; DESIGN AND CONDUCT PREVENTION PROGRAMS; IMPLEMENT LAWS TO PROTECT VICTIMS OF VIOLENCE; AND ADDRESS AND REDUCE DATING ABUSE AMONG YOUNG POPULATIONS.2. CONVENING:CONVENE LEADERS AND IMPLEMENT COLLABORATIVE PROGRAM APPROACHES TO ACCELERATE ADVANCES IN REDUCING GENDER VIOLENCE. UNIQUELY AMONG FUNDERS, THE FOUNDATION FACILITATES THE CONVENING OF ITS GRANTEES, PARTNERS AND EXPERTS TO ENCOURAGE BEST PRACTICES AND TO DESIGN AND ADVANCE CREATIVE SOLUTIONS AND PILOTS.3. EDUCATING:INCREASE THE PUBLIC'S AWARENESS AND KNOWLEDGE OF THE IMPACT OF THE EPIDEMIC OF GENDER VIOLENCE ON WOMEN, CHILDREN, FAMILIES AND WHOLE COMMUNITIES. LEAD EFFORTS TO EXPAND THE PUBLIC DIALOGUE NECESSARY TO CHANGE ATTITUDES AND REVERSE THE SILENT ACCEPTANCE OF ABUSE. GENERATE PUBLIC INTEREST AND MEDIA COVERAGE TO REMOVE THE STIGMA AND SHAME EXPERIENCED BY SURVIVORS TO ALLOW THEM TO CREATE VIOLENCE-FREE FUTURES FOR THEMSELVES AND THEIR FAMILIES.FUNDING SPECIFICALLY WENT TO THESE THREE INITIATIVES: BUILDING ON THE COLLABORATIVE SUCCESSES OF THE GLOBAL PARTNERSHIP TO END VIOLENCE AGAINST WOMEN, NOW REBRANDED VOICES AGAINST VIOLENCE, A COLLABORATION BETWEEN THE AVON FOUNDATION, VITAL VOICES AND THE U.S. DEPARTMENT OF STATE, IN 2016 THE FOUNDATION ANNOUNCED IT WOULD EXPAND NEW ACTIVITIES TO TAKE PLACE IN 2017 AND 2018. IN 2017, THE FOUNDATION CONVENED THE JUSTICE INSTITUTE ON GENDER-BASED VIOLENCE IN TOLUCA MEXICO; BRASILIA, SO PAULO AND FORTALEZA BRAZIL; SANTIAGO CHILE; BUCHAREST ROMANIA; AND, MEDELLIN COLOMBIA. THE INSTITUTES FACILITATE THE CREATION OF A MORE HOLISTIC RESPONSE TO ADDRESSING VIOLENCE AGAINST WOMEN, AND EACH COUNTRY WILL RECEIVE TRAINING TAILORED TO THE JURISDICTION WHERE IT IS PROVIDED, EMPHASIZING THE SPECIFIC CONTEXT AND CHALLENGES THAT WOMEN LEADERS IDENTIFY. IN 2017, THE AVON FOUNDATION ALSO FUNDED THE 1 MILLION AVON SHELTER GRANT FUND IN ARGENTINA, ROMANIA, SOUTH AFRICA AND THE UNITED KINGDOM. THIS GRANT IS DESIGNATED TO PROVIDE FUNDING FOR EMERGENCY DOMESTIC VIOLENCE SHELTERS PROVIDING CRITICAL AND MUCH NEEDED SUPPORT TO WOMEN AND THEIR FAMILIES IN THE FOUR SELECTED MARKETS. ALSO IN 2017, THE AVON FOUNDATION PROVIDED A GRANT TO THE NATIONAL DOMESTIC VIOLENCE HOTLINE FOR CRITICAL SUPPORT SERVICES AND EMERGENCY RESOURCE RESPONSE 24/7/365 DAYS A YEAR. 868279 733052 BREAST CANCER PROMISE (FORMERLY BREAST CANCER CRUSADE), SEE SCHEDULE O IN 2015, THE FOUNDATION BOARD OF DIRECTORS CONCLUDED THAT IT WOULD RESULT IN EFFICIENCY AND FURTHER THE EDUCATIONAL AND CHARITABLE MISSION OF THE AVON BREAST CANCER CRUSADE PROGRAM TO TRANSFER THE PROGRAM TO NEW VENTURE FUND ("NVF"), A 501(C)(3) PUBLIC CHARITY WITH EXPERIENCE IN FISCAL SPONSORSHIPS AND IN MANAGING COMPLEX PROGRAMS. ON SEPTEMBER 2, 2015, NVF FORMED AVON BREAST CANCER CRUSADE, LLC ("ABCC") TO SUPPORT BREAST CANCER RESEARCH, EDUCATION, OUTREACH AND AWARENESS AND ACCESS TO CARE. ABCC MANAGED BREAST CANCER GRANTS AND FUNDING IN 2017 IN THE UNITED STATES. IN DECEMBER 2017, ABCC DISCONTINUED ITS ANNUAL U.S. AVON 39 WALKS AND ANNOUNCED PLANS TO WIND-DOWN ITS GRANT-MAKING PROGRAMS. AS A RESULT, THE FOUNDATION WILL NO LONGER BE PARTNERING WITH ABCC IN 2018, HOWEVER, THE FOUNDATION WILL CONTINUE ITS WORK TO SUPPORT BREAST CANCER INITIATIVES GLOBALLY THROUGH PARTNERSHIPS WITH OTHER NON-PROFITS. IN 2017, THE FOUNDATION LAUNCHED THE AVON BREAST CANCER PROMISE, ITS RENEWED COMMITMENT TO THE BREAST CANCER CAUSE IN MORE THAN 50 MARKETS WORLDWIDE. AS PART OF THIS NEW PROMISE, THE FOUNDATION, IN PARTNERSHIP WITH AVON PRODUCTS, INC., HAS SET AN ANNUAL GOAL TO REACH 50 MILLION WOMEN TO HELP THEM KNOW THE RISKS OF BREAST CANCER, KNOW THE SIGNS OF BREAST CANCER, AND KNOW HOW TO TAKE ACTION. THE FOUNDATION WILL WORK CLOSELY WITH ITS NEWLY ESTABLISHED ADVISORY BOARD OF GLOBAL EXPERTS TO PROVIDE DIRECTION WITHIN THE VARIOUS MARKETS IN WHICH THE FOUNDATION INTERACTS. AS A RESULT OF LAUNCHING THE NEW PROMISE, THE FOUNDATION HAS ENDED ITS "AVON BREAST CANCER CRUSADE" BRANDING GOING FORWARD. 1443730 1443730 SCHOLARSHIP, MATCHING GIFT, AND OTHER PROGRAMS, SEE SCHEDULE OTHE AVON FOUNDATION MANAGES U.S. COLLEGE SCHOLARSHIP PROGRAMS FOR CHILDREN OF AVON AND NEW AVON ASSOCIATES, AVON INDEPENDENT SALES REPRESENTATIVES, CHILDREN AND GRANDCHILDREN OF AVON INDEPENDENT SALES REPRESENTATIVES AND FOR CHILDREN RESIDING IN AND AROUND THE SUFFERN NEW YORK SCHOOL DISTRICT. THE FOUNDATION ALSO MANAGES A GLOBAL SCHOLARSHIP PROGRAM FOR THE CHILDREN AND GRANDCHILDREN OF TOP-SELLING AVON INDEPENDENT SALES REPRESENTATIVES IN 17 AVON MARKETS. THE FOUNDATION MATCHING GIFT PROGRAM MATCHES THE DONATIONS OF AVON AND NEW AVON EMPLOYEES AND DIRECTORS AS WELL AS THE DIRECTORS OF THE AVON FOUNDATION TO QUALIFIED CHARITABLE ORGANIZATIONS. THE PROGRAM MATCHED 488 GIFTS TO 207 ORGANIZATIONS IN 2017 FOR A COMBINED AN AVON AND NEW AVON TOTAL MATCH OF $193,930.36.AVON SOLD HEALTHY FORESTS, BEAUTIFUL WORLD CAUSE PRODUCTS IN SEVERAL MARKETS GLOBALLY IN 2016. A PORTION OF THE PROCEEDS HAVE BEEN DONATED TO THE AVON FOUNDATION. THE AVON FOUNDATION COMMITTED HALF OF THE FUNDING TO THE NATURE CONSERVANCY FOR REFORESTATION PROJECTS IN BRAZIL, AND THE OTHER HALF TO WORLD WILDLIFE FUND TO SUPPORT REFORESTATION IN INDONESIA IN 2017. 4019951 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 9 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 1 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA CO DC HI IL ME MN NC ND NM NY SC X X X MARGARET MACEACHERN 9149352051 601 MIDLAND AVENUE RYE NY 10580 X SUSAN ORMISTON CHAIRMAN 1.00 39.00 X X 0 0 0 CHERYL HEINONEN PRESIDENT (THRU 09/1/2017) 8.00 32.00 X X 0 0 0 CHRIS WERMANN PRESIDENT 8.00 32.00 X X 0 0 0 DEBORA COFFEY VICE PRESIDENT (THRU 12/31/2017) 1.00 39.00 X X 0 0 0 MATT HARKER VICE PRESIDENT (THRU 01/11/2017) 1.00 39.00 X X 0 0 0 JOHN HIGSON VICE PRESIDENT (THRU 09/21/2017) 1.00 39.00 X X 0 0 0 MEG LERNER VICE PRESIDENT (THRU 5/5/2017) 2.00 38.00 X X 0 0 0 SAMANTHA JACKSON TREASURER 2.00 38.00 X X 0 0 0 GINNY EDWARDS SECRETARY 1.20 38.80 X 0 0 0 0 0 0 0 0 0 0 AVON BREAST CANCER CRUSADE LLC 1201 CONNECTICUT AVENUE WASHINGTON DC 20036 MGMT AND ADMIN SERVICES 225409 1 2630806 65609 2696415 63181 63181 1120564 1120564 3880160 0 0 1183745 2569295 2569295 1312900 1312900 225409 225409 34621 34621 25750 25750 10437 10437 93038 23550 69488 720 69 651 2100 2100 98547 98547 12203 12203 BANK FEES 36042 36042 STATE FILINGS & LICENSE 21093 21093 PRINTING 15590 15590 4457745 4019951 437794 0 326154 401895 9684989 7393910 2590318 29801 157467 12758928 7825606 3232006 146809 1669634 388014 4901640 534823 X 6125665 5620589 1731623 1670194 7857288 7290783 12758928 7825606 X -577585 11080 X X 0 1 X 0 0 X 47521772 43872014 44326015 3129818 2696415 141546034 47521772 43872014 44326015 3129818 2696415 141546034 36617806 104928228 124347 132059 142095 2070868 1183745 3653114 145199148 4011021 0.72270 0.74740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 4388359 508199 508199 3880160 0 3880160 4954864 508199 508199 4446665 11080 11080 4457745 PART X, LINE 2: THE FOUNDATION IS A PUBLIC CHARITY AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2014. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT REFUNDS REPORTED ON PART XI, LINE 9 11,080. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICE GRANT-MAKING 1312900 0 0 0 0 0 0 1312900 0 1312900 EUROPE (INCLUDING ICELAND & GREENLAND) FOR THE AVON SHELTER GRANT TO AWARD FUNDS FOR DOMESTIC VIOLENCE EMERGENCY SHELTERS IN FOUR COUNTRIES. 1312900 WIRE TRANSFER 1 0 0 0 0 0 0 0 PART I, LINE 2: THE FOUNDATION OBTAINS ENGLISH COPIES OF ORGANIZATIONAL DOCUMENTS AND A DESCRIPTION OF THE ACTIVITIES AND PROGRAMS OF THE GRANTEE. THE GRANT AGREEMENT LIMITS THE USE OF FUNDS TO CHARITABLE PURPOSES AND REQUIRES A MINIMUM OF A YEARLY PROGRESS REPORT AND ACCOUNTING OF THE FUNDS UNTIL THE FUNDS ARE DEPLETED. THROUGH THE AVON ETHICS AND COMPLIANCE AND FOREIGN GRANT REVIEW AND APPROVALS PROCESS, THE SPECIALLY DESIGNATED NATIONALS (SDN) LIST AND OTHER TERRORIST WATCH LISTS ARE CHECKED PRIOR TO MAKING AN INTERNATIONAL GRANT. THE AVON FOUNDATION WORKED WITH OUR COLLEAGUES AT AVON TO FIND THE BEST GLOBAL NGO TO PARTNER WITH THE FOUNDATION IN ORDER TO MEET OUR MUTUAL STANDARDS OF EXCELLENCE IN GRANT-MAKING. 1 AMERICAN RED CROSS - NATIONAL HEADQUARTERS PO BOX 73857 CHICAGO IL 606737857 530196605 501(C)(3) 7175 ASSOCIATE MATCHING GIFT PROGRAM AVON 39 - AVON BREAST CANCER CRUSADE PO BOX 3535 NEW YORK NY 10163 205806345 501(C)(3) 17972 ASSOCIATE MATCHING GIFT PROGRAM AVON BREAST CANCER CRUSADE 1201 CONNECTICUT AVE NW SUITE 300 WASHINGTON DC 20036 205806345 501(C)(3) 733052 BREAST CANCER SUPPORT BRENNAN CENTER FOR JUSTICE 120 BROADWAY SUITE 1750 NEW YORK NY 10271 133839293 501(C)(3) 10700 ASSOCIATE MATCHING GIFT PROGRAM BROOKLYN INSTITUTE OF ARTS AND SCIENCES BROOKLYN MUSEUM 200 EASTERN PARKWAY BROOKLYN NY 112386052 111672743 501(C)(3) 15500 ASSOCIATE MATCHING GIFT PROGRAM DANA-FARBER CANCER INSTITUTE PO BOX 849168 BOSTON MA 02284 042263040 501(C)(3) 7814 ASSOCIATE MATCHING GIFT PROGRAM DARAJA EDUCATION FUND PO BOX 4333 SAN RAFAEL CA 94913 208283551 501(C)(3) 7579 ASSOCIATE MATCHING GIFT PROGRAM DISABLED VETERANS OF NEW YORK SERVICES INC 1562 ATLANTIC AVENUE LYNBROOK NY 11563 521521276 501(C)(3) 15500 ASSOCIATE MATCHING GIFT PROGRAM DUKE UNIVERSITY ALUMNI AND DEV RECORDS BOX 90581 DURHAM NC 277080581 560532129 501(C)(3) 5500 ASSOCIATE MATCHING GIFT PROGRAM GOD'S LOVE WE DELIVER 166 AVENUE OF THE AMERICAS NEW YORK NY 10013 133366846 501(C)(3) 6050 ASSOCIATE MATCHING GIFT PROGRAM INTERNATIONAL SCHOLARSHIP AND TUITION SERVICES INC 1321 MURFREESBORO PIKE SUITE 800 NASHVILLE TN 37217 621247492 501(C)(3) 429752 SCHOLARSHIP PROGRAM JDRF - NATIONAL 26 BROADWAY 14TH FL NEW YORK NY 10004 231907729 501(C)(3) 5100 ASSOCIATE MATCHING GIFT PROGRAM LEUKEMIA & LYMPHOMA SOCIETY - WESTCHESTERHUDSON VALLEY CHAPTER 3 INTERNATIONAL DRIVE SUITE 200 RYE BROOK NY 10573 135644916 501(C)(3) 5100 ASSOCIATE MATCHING GIFT PROGRAM MAKE-A-WISH FOUNDATION - HUDSON VALLEY THE WISH HOUSE 832 SOUTH BROADWAY TARRYTOWN NY 10591 133344306 501(C)(3) 8267 ASSOCIATE MATCHING GIFT PROGRAM MEMPHIS CHILD ADVOCACY CENTER 1085 POPLAR AVE MEMPHIS TN 381054724 581745787 501(C)(3) 15500 ASSOCIATE MATCHING GIFT PROGRAM NATIONAL DOMESTIC VIOLENCE HOTLINE PO BOX 161810 AUSTIN TX 78716 751658287 501(C)(3) 387513 CRITICAL SUPPORT SERVICES SCHOLARSHIP AMERICA CO FIRST NATIONAL BANK PO BOX 240 ST PETER MN 56082 042296967 501(C)(3) 516660 SCHOLARSHIP PROGRAM ST JUDE CHILDREN'S RESEARCH HOSPITAL 501 ST JUDE PLACE MEMPHIS TN 38105 351044585 501(C)(3) 5060 ASSOCIATE MATCHING GIFT PROGRAM THE NATURE CONSERVANCY 4245 NORTH FAIRFAX DRIVE ARLINGTON VA 22203 530242652 501(C)(3) 75420 REFORESTATION PROGRAM UNITED WAY OF MUSKINGUM PERRY AND MORGAN COUNTIES 526 PUTNAM AVENUE ZANESVILLE OH 437014933 314379456 501(C)(3) 17558 ASSOCIATE MATCHING GIFT PROGRAM UNIVERSITY OF MASSACHUSETTS - DARTMOUTH 285 OLD WESTPORT RD NORTH DARTMOUTH MA 02747 237336988 501(C)(3) 15500 ASSOCIATE MATCHING GIFT PROGRAM UNIVERSITY OF MIAMI PO BOX 025388 MIAMI FL 331029811 590624458 501(C)(3) 6225 ASSOCIATE MATCHING GIFT PROGRAM UNIVERSITY OF ROCHESTER PO BOX 270032 ROCHESTER NY 14627 160743209 501(C)(3) 8250 ASSOCIATE MATCHING GIFT PROGRAM WESTCHESTER DAY SCHOOL 856 ORIENTA AVE MAMARONECK NY 10543 132646183 501(C)(3) 18500 ASSOCIATE MATCHING GIFT PROGRAM WORLD WILDLIFE FUND 1250 24TH ST NW WASHINGTON DC 20037 521693387 501(C)(3) 75420 REFORESTATION PROGRAM 25 0 PART I, LINE 2: ALL FOUNDATION BENEFICIARIES ARE REQUIRED TO NEGOTIATE AND EXECUTE A WRITTEN AGREEMENT BEFORE FUNDS CAN BE DISBURSED. ALL FOUNDATION BENEFICIARIES ARE REQUIRED TO PROVIDE A FULL REPORT ON THEIR USE OF THE GRANT FUNDS AND AS APPROPRIATE PROVIDE ANNUAL FINANCIAL RECONCILIATION REPORTS THAT OUTLINE HOW THEY USED THE AWARD FUNDS VERSUS THE PLAN. AN EXPLANATION MUST BE PROVIDED FOR ANY SIGNIFICANT DISCREPANCIES OF ACTUAL VERSUS PLANNED EXPENSES. FORM 990, PART III, LINE 1 THE AVON PRODUCTS FOUNDATION, INC. (THE "FOUNDATION") WAS INCORPORATED IN THE STATE OF NEW YORK IN 1955 BY AVON PRODUCTS, INC. ("AVON"). THE FUNDAMENTAL MISSION OF THE FOUNDATION SINCE ITS INCEPTION IS TO PROMOTE OR AID CHARITABLE, SCIENTIFIC, EDUCATIONAL, AND HUMANITARIAN ACTIVITIES, WITH A SPECIAL EMPHASIS ON THOSE ACTIVITIES THAT IMPROVE THE LIVES OF WOMEN AND THEIR FAMILIES GLOBALLY. IN ITS WORK TO REALIZE THOSE ASPIRATIONS, ITS CURRENT MISSION FOCUS IS ON TWO CAUSES OF GREAT IMPORTANCE TO WOMEN: ERADICATING BREAST CANCER AND ENDING DOMESTIC AND GENDER VIOLENCE. IT WORKS TOWARD ACHIEVING THOSE GOALS THROUGH THREE COMPLEMENTARY STRATEGIES: FUNDING, CONVENING, AND EDUCATING. THE FOUNDATION RECEIVES GENEROUS FINANCIAL SUPPORT TO FUND ITS MISSION INITIATIVES FROM AVON PRODUCTS, INC., AND ITS RECENTLY SEPARATED NORTH AMERICAN BUSINESS, NOW KNOWN AS NEW AVON LLC, THROUGH SPECIAL PRODUCT SALES AND DIRECT DONATIONS. IT ALSO RECEIVES GENEROUS SUPPORT FOR ITS WORK THROUGH DIRECT DONATIONS FROM THE PUBLIC THROUGH INDIVIDUALS. THE FOUNDATION ALSO OPERATES SMALL ADDITIONAL PROGRAMS THAT ADVANCE THE FOUNDATION'S FUNDAMENTAL MISSION TO IMPROVE THE LIVES OF WOMEN. THOSE PROGRAMS INCLUDE AVON AND NEW AVON INDEPENDENT SALES REPRESENTATIVE AND EMPLOYEE-ELIGIBLE SCHOLARSHIPS AND AVON AND NEW AVON EMPLOYEE MATCHING GIFTS, WHICH ARE ALL FUNDED BY AVON AND NEW AVON LLC. IN 2013 THE FOUNDATION BEGAN TO OPERATE A GLOBAL REFORESTATION GRANT PROGRAM, HEALTHY FORESTS, BEAUTIFUL WORLD, WHICH IS FOCUSED ON MOBILIZING WOMEN TO NURTURE NATURE AND HELP REVERSE DEFORESTATION. FORM 990, PART VI, SECTION A, LINE 3 IN 2017, THE FOUNDATION ENTERED INTO AN ADMINISTRATIVE SERVICES AGREEMENT WITH AVON BREAST CANCER CRUSADE, LLC ("CRUSADE"), WHEREBY CRUSADE WOULD PROVIDE MANAGERIAL AND ADMINISTRATIVE SERVICES. THESE SERVICES INCLUDE FINANCIAL MANAGEMENT AND OVERSIGHT, FINANCIAL OPERATIONS, BOOKS AND RECORDS REPORTING, AND OTHER SUPPORT SERVICES THROUGH THE UTILIZATION OF CRUSADE STAFF POSITIONS. FOR THE YEAR ENDED DECEMBER 31, 2017, THE FOUNDATION INCURRED $225,409 OF MANAGERIAL AND ADMINISTRATIVE EXPENSES. NONE OF THE INDIVIDUALS LISTED IN PART VII ARE PAID BY THE CRUSADE. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED IN 2017 TO CHANGE THE MINIMUM NUMBER OF BOARD MEMBERS FROM FIVE TO THREE. FORM 990, PART VI, SECTION A, LINE 6 THE FOUNDATION HAS ONE MEMBER, AVON PRODUCTS, INC. WHICH IS REPRESENTED BY ITS CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER ELECTS THE BOARD OF DIRECTORS AND HAS THE ABILITY TO REMOVE ANY OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION UTILIZES ITS AUDIT FIRM TO PREPARE THE FORM 990. ONCE COMPILED, THE 990 IS REVIEWED BY THE PRESIDENT, TREASURER, AND SECRETARY OF THE FOUNDATION. SUBSEQUENT TO THAT REVIEW IT IS ELECTRONICALLY SUBMITTED TO ALL BOARD MEMBERS FOR THEIR COMMENTS AND QUESTIONS PRIOR TO FILING. IT IS ALSO PRESENTED AT THE FOLLOWING BOARD MEETING TO THE FULL BOARD BY THE AUDITORS AND THE AUDITORS ANSWER ALL QUESTIONS THAT MEMBERS OF THE BOARD OF DIRECTORS MAY HAVE. ANY ISSUES ARE ADDRESSED, INVESTIGATED, AND RESOLVED BY THE PRESIDENT, TREASURER, AND SECRETARY BEFORE THE FINAL FORM 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION HAS A WRITTEN CONFLICT OF INTEREST POLICY WHICH IS CIRCULATED ANNUALLY TO ALL BOARD MEMBERS, OFFICERS, AND KEY FOUNDATION STAFF MEMBERS WHO ARE REQUIRED TO READ IT, SIGN IT AND DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. FOR 2017, THE DISCLOSURE STATEMENTS WERE COLLECTED FROM ALL COVERED PARTIES IN FEBRUARY. THE SECRETARY OR PRESIDENT OF THE FOUNDATION COLLECTS AND REVIEWS ALL SUBMITTED SIGNED CONFLICT STATEMENTS AND REPORTS ANY POTENTIAL CONFLICTS OF INTEREST TO THE BOARD. THE BOARD DETERMINES AN APPROPRIATE COURSE OF ACTION BASED ON THE CIRCUMSTANCES. IF A CONFLICT IS SUSPECTED TO EXIST OR DETERMINED TO DESERVE EXPLORATION OR FURTHER DISCUSSIONS A REPORT IS PREPARED AND PRESENTED TO THE BOARD FOR THEIR REVIEW. IF THE INDIVIDUAL IN QUESTION IS A BOARD MEMBER THEY ARE RECUSED FROM ANY DECISION OR VOTE RELATED TO THAT CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF TOP MANAGEMENT AND KEY EMPLOYEES: THE FOUNDATION DOES NOT HAVE POLICIES REGARDING COMPENSATION AS IT HAS NO EMPLOYEES. IF IT DID, IT WOULD FOLLOW THE PROCEDURES AS SET BY THE IRS FOR ESTABLISHING REASONABLE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED ON THE AVON FOUNDATION WEBSITE AND ARE AVAILABLE BY REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE THROUGH STATE ATTORNEY GENERAL OFFICES. ALL OTHER DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: GRANT REFUNDS 11,080. FORM 990, PART XII, LINE 2C: THE FOUNDATION'S BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. AVON PRODUCTS INC 601 MIDLAND AVENUE RYE NY 10580 GLOBAL BEAUTY COMPANY NY N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0