2023-10-23T17:35:30-05:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2022-01-01 454960988 GLOBAL BUSINESS COALITION FOR EDUCATION INC GLOB 2129931124 599 LEXINGTON AVENUE FL 23 NEW YORK NY 10022 JUSTIN W VAN FLEET EXECUTIVE DIRECTOR 2129931124 2023-10-19 1 JUSTIN VAN FLEET 999009999 0 DANIELLE NIHILL P01350943 7819821001 2023-10-16 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JUSTIN W VAN FLEET 599 LEXINGTON AVENUE FL 23 NEW YORK NY 10022 2335994 0 X WWW.GBC-EDUCATION.ORG X 2012 DE TO ENGAGE THE BUSINESS COMMUNITY IN SUPPORTING THE WORLD'S MOST PRESSING GLOBAL EDUCATION ISSUES. 5 5 11 5 0 0 648 2335005 60000 0 0 989 0 0 60648 2335994 0 193000 0 0 81421 896951 0 0 37643 53389 1334895 134810 2424846 -74162 -88852 2866930 2852615 111274 185811 2755656 2666804 X THE GLOBAL BUSINESS COALITION FOR EDUCATION (GBC-EDUCATION) IS A MOVEMENT OF BUSINESSES COMMITTED TO ENDING THE GLOBAL EDUCATION CRISIS. OUR MISSION IS TO ENSURE THAT ALL YOUNG PEOPLE HAVE THE BEST START IN LIFE, A SAFE PLACE TO LEARN, AND SKILLS FOR THE FUTURE.GBC-EDUCATION LEVERAGES THE COLLECTIVE POWER OF BUSINESS, GOVERNMENT, INTERNATIONAL ORGANIZATIONS, NON-GOVERNMENTAL ORGANIZATIONS (NGO), YOUTH, AND OTHER STAKEHOLDERS TO ACHIEVE THE SUSTAINABLE DEVELOPMENT GOAL OF FREE, EQUITABLE, AND INCLUSIVE QUALITY EDUCATION FOR ALL. 0 0 2381551 193000 0 GBC-EDUCATION LEVERAGES THE COLLECTIVE POWER OF BUSINESS, GOVERNMENT, INTERNATIONAL ORGANIZATIONS, NGOS, YOUTH, AND OTHER STAKEHOLDERS TO ACHIEVE THE SUSTAINABLE DEVELOPMENT GOAL OF FREE, EQUITABLE, AND INCLUSIVE QUALITY EDUCATION FOR ALL. THE ORGANIZATION WORKS WITH A GROWING COMMUNITY OF BUSINESS PARTNERS TO DELIVER BREAKTHROUGH EDUCATION SOLUTIONS GLOBALLY BY COLLABORATING WITH A COMPANY'S INTERNAL SOCIAL RESPONSIBILITY, DEVELOPMENT, ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG), AND IMPACT TEAMS TO DEVELOP STRATEGIES AND PROGRAMS TO SUPPORT EDUCATION. CONTINUED ON SCHEDULE OGBC-EDUCATION'S GLOBAL EDUCATION PROGRAM SPANS FOUR ACTIVE GLOBAL INITIATIVES: ESG AND SOCIAL IMPACT; HUMANITARIAN RELIEF; YOUTH SKILLS DEVELOPMENT; AND EARLY YEARS.IN 2022, GBC-EDUCATION MADE IMPORTANT PROGRESS ACROSS ALL PROGRAM'S KEY INITIATIVES AND DELIVERED MAJOR ACCOMPLISHMENTS TO ADVANCE THE ORGANIZATION'S MISSION.ESG AND SOCIAL IMPACT: IN PARTNERSHIP WITH THE BHP FOUNDATION, GBC-EDUCATION DEVELOPED THE BUSINESS INVESTMENT FOR EDUCATION IMPACT INITIATIVE (BIEI) TO BUILD A STRONGER, MORE INFORMED, AND IMPACTFUL NETWORK OF BUSINESSES. THROUGH THIS INITIATIVE, GBC-EDUCATION CONSOLIDATES BEST PRACTICES, GENERATES AND SHARES EVIDENCE-BASED TOOLS, AND IMPROVES ENGAGEMENT BETWEEN THE PRIVATE AND EDUCATION SECTORS. THE ORGANIZATION PUBLISHED A MAJOR REPORT, UNLOCKING POTENTIAL AND PERFORMANCE: RECOGNIZING EDUCATION'S POSITION AT THE CORE OF ESG. THE REPORT OFFERED A NEW APPROACH TO EDUCATIONAL INVESTMENT BY FOCUSING ON THE LINK BETWEEN EDUCATION AND ESG PRACTICES. THE REPORT PUT FORWARD A NEW BLUEPRINT DESIGNED TO SHOW HOW COMPANIES THAT COMMIT TO EDUCATION AS A SOCIAL IMPACT PRIORITY CAN INTEGRATE THESE EFFORTS INTO A NEW FRAMEWORK AND SHOWED HOW EDUCATION HAS SIGNIFICANT AND MEASURABLE IMPACTS ACROSS ALL ESG PRIORITIES AND SHOULD BELONG AT THE HEART OF ESG STRATEGY. THE REPORT AND THE ISSUES IT RAISED WERE THE FOCUS OF A PANEL DISCUSSION HOSTED BY GBC-EDUCATION AT THE UNITED NATIONS GENERAL ASSEMBLY, CHAIRED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR JUSTIN VAN FLEET THAT FEATURED MEMBERS OF GBC-EDUCATION NETWORK FROM SNAP INC, PEOPLE'S POSTCODE LOTTERY, AMERICAN EXPRESS, AND ESTEE LAUDER. THE ORGANIZATION USES THE BLUEPRINT OUTLINED IN THE REPORT TO CREATE A GLOBALLY RECOGNIZED PUBLIC GOOD TO DRIVE NEW INVESTMENTS IN ESG THAT SYSTEMICALLY PROMOTE EQUITY IN EDUCATION, IMPROVE SOCIETAL OUTCOMES, AND ADDRESS MATERIAL CORPORATE ISSUES. HUMANITARIAN RELIEF: GBC-EDUCATION LAUNCHED THE DIGITAL EQUITY FOR UKRAINE INITIATIVE, A $30 MILLION PARTNERSHIP WITH HP INC. AND MICROSOFT TO DELIVER 74,000 LAPTOPS TO CHILDREN, TEACHERS, AND SCHOOLS IN NEED, BOTH INSIDE UKRAINE AND IN NEIGHBORING COUNTRIES. THE DISTRIBUTION BEGAN IN TWO REGIONS OF UKRAINE WITH THE ASSISTANCE OF THE OLENA ZELENSKA FOUNDATION, THE CHARITY OF UKRAINE'S FIRST LADY, AND THE COOPERATION OF THE UKRAINE HOUSE. GBC-EDUCATION PARTNER CHARITIES IN THE BORDER TO UKRAINE COUNTRIES STARTED DELIVERING LAPTOPS TO UKRAINIAN REFUGEE TEACHERS AND CHILDREN TO ENABLE THEM TO CONTINUE LESSONS, CONTACT FRIENDS AND FAMILIES BACK HOME, AND STAY IN TOUCH WITH THE WORLD. IN ADDITION TO DEVICES, GBC-EDUCATION PROVIDED DIRECT PROGRAM SUPPORT TO SEVERAL LOCAL ORGANIZATIONS TO DELIVER HIGH-QUALITY EDUCATION SUPPORT FOR DISPLACED AND REFUGEE UKRAINIAN CHILDREN AND YOUTH.YOUTH SKILLS DEVELOPMENT: GBC-EDUCATION LAUNCHED ITS INAUGURAL BIG IDEAS, BRIGHT CITIES CHALLENGE DESIGNED TO HELP SOLVE AN URGENT PROBLEM IN THE UNITED STATES, WHERE ONE IN TEN YOUNG PEOPLE ARE NOT IN SCHOOL OR NOT EMPLOYED, AND MILLIONS MORE ARE UNDEREMPLOYED.THE CHALLENGE INVITED CITIES TO DEVELOP BOLD, INNOVATIVE IDEAS THAT EQUIP YOUNG PEOPLE WITH THE SKILLS TO PARTICIPATE IN THE WORKFORCE. AFTER RECEIVING A LARGE NUMBER OF APPLICATIONS, GBC-EDUCATION SELECTED 13 CITY FINALISTS TO RECEIVE GRANT FUNDING AND COME TOGETHER AS A COMMUNITY OF PRACTICE OF CHANGE MAKERS IN CITIES ACROSS THE USA. THE GRAND PRIZE WINNER RECEIVED A $100,000 GRANT FOR ITS PROGRAM LINKING YOUNG PEOPLE FROM LOW-INCOME BACKGROUNDS AND FIRST-GENERATION COLLEGE STUDENTS WITH PAID INTERNSHIPS WITH LOCAL MINORITY- AND WOMEN-OWNED BUSINESSES AND TO FINANCIALLY SUPPORT STUDENTS IN A SUMMER SKILLS DEVELOPMENT PROGRAM. TWO RUNNER-UP ORGANIZATIONS: ONE ORGANIZATION ACTS AS A CAREER ADVISOR FOR LOW-INCOME YOUTH AND A SECOND ORGANIZATION PROVIDES CAREER GUIDANCE AND PREPARATION, JOB TRAINING, AND JOB PLACEMENT TO YOUTH BETWEEN 15 AND 25 - EACH RECEIVED A $10,000 GRANT. THE REMAINING FINALISTS RECEIVED MICRO GRANTS TO SUPPORT THEIR WORK. EARLY YEARS: GBC-EDUCATION LAUNCHED THIS INITIATIVE IN LATE 2022 TO FOCUS ON BUSINESS ENGAGEMENT TO SUPPORT EARLY CHILDHOOD DEVELOPMENT AND EDUCATION ALIGNED WITH THE GLOBAL ACT FOR EARLY YEARS CAMPAIGN. 2381551 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 10 0 11 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 CA NY X ANNA SHAKAROVA 2129931124 599 LEXINGTON AVENUE FL 23 NEW YORK NY 10022 SARAH BROWN EXEC. CHAIR, DIRECTOR 6.00 2.00 X X 0 0 0 DAVID BOUTCHER SECRETARY, TREASURER, DIRE 6.00 2.00 X X 0 0 0 LISA BELZBERG DIRECTOR 1.00 X 0 0 0 EDWARD ESTRADA DIRECTOR 1.00 X 0 0 0 JOYCE MALOMBE DIRECTOR 1.00 X 0 0 0 JUSTIN W VAN FLEET EXECUTIVE DIRECTOR 35.00 5.00 X 176478 0 21966 EMILY FRIEDMAN HEAD OF BUSINESS IMPACT 35.00 X 140747 0 28391 ANNA SHAKAROVA HEAD OF OPS/PROJECT MONITO 35.00 X 131394 0 10257 448619 0 60614 3 0 1 0 THEIRWORLD PROJECTS LTD 20 PRIMROSE ST LONDON ENGLAND UK EC2A 2RS MANAGEMENT SERVICES 250953 EDITH ASIBEY 519 5TH STREET SUITE 1R BROOKLYN NY 11215 PROGRAM CONSULTING SERVICES 200200 BOSS AI 424 CHURCH STREET SUITE 200 NASHVILLE TN 37219 PROGRAM CONSULTING SERVICES 101197 3 2335005 2335005 989 989 2335994 0 0 989 X 150000 150000 43000 43000 197968 178172 19796 575492 555541 19951 7719 7516 203 60015 57905 2110 55757 52969 2788 250953 141249 72061 37643 57026 57026 816756 810246 6510 59640 59640 27357 8984 18373 6426 5131 1295 3800 3800 210 210 MEETINGS 112385 80985 31400 OTHER 342 342 ALLOCATED OVERHEAD 0 229661 -229661 2424846 2381551 5652 37643 2752263 126768 2712148 100000 0 2832 19000 10133 12667 8867 2000 2000 2866930 2852615 111274 185811 111274 185811 X 589277 1158687 2166379 1508117 2755656 2666804 2866930 2852615 -88852 0 X 0 1 X 1 0 X 1089416 2327005 2964641 648 2335005 8716715 1089416 2327005 2964641 648 2335005 8716715 6750156 1966559 989 989 8717704 658749 0.22560 0.22760 X THE ORGANIZATION IS WORKING TO BROADEN THE PUBLIC SUPPORT RECEIVED IN ORDER TO INCREASE THE PUBLIC SUPPORT PERCENTAGE AS THE ORGANIZATION CONTINUES TO GROW. SCHEDULE A PART II COLUMN (E) TAX YEAR 2022 IS FOR THE FULL YEAR FROM JANUARY 1, 2022 THROUGH DECEMBER 31, 2022. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 2424846 2424846 271242 67811 0 0 232409 243199 12130 271242 758980 1138470 0 0 0 0 58102 60800 3033 67811 189746 284619 0 0 0 0 19000 10133 8867 8867 2335994 0 2335994 0 2335994 2424846 0 2424846 0 2424846 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES PROVIDE REMOTE EDUCATION TO UKRAINIAN REFUGEE CHILDREN WHO FLED TO THE UK, WHERE THEY WILL CONTINUE THEIR UKRAINIAN EDUCATION ONLINE, AND TO DEVELOP AN ONLINE "HUGS" GAME TO ASSIST PARENTS AND THEIR CHILDREN IN COPING WITH THE TRAUMA CAUSED BY THE WAR. 43000 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES PROGRAM CONSULTING SERVICES 149948 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 1 PROGRAM SERVICES ADMINISTRATIVE SUPPORT TO PROGRAMS 141249 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 FUNDRAISING 37643 0 1 0 0 0 1 371840 0 371840 EUROPE (INCLUDING ICELAND & GREENLAND) PROVIDE REMOTE EDUCATION TO UKRAINIAN REFUGEE CHILDREN WHO FLED TO THE UK, WHERE THEY WILL CONTINUE THEIR UKRAINIAN EDUCATION ONLINE, AND TO DEVELOP AN ONLINE "HUGS" GAME TO ASSIST PARENTS AND THEIR CHILDREN IN COPING WITH THE TRAUMA CAUSED BY THE WAR. 43000 ACH 0 1 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION USED INDEPENDENT CONTRACTORS BASED OUTSIDE OF THE U.S. AS PART OF THE SELECTION PROCESS FOR CONTRACTORS, GBC-EDUCATION CONDUCTS A THOROUGH REFERENCE CHECK, INCLUDING WITH LOCAL NGOS AND OTHER ORGANIZATIONS WHERE APPROPRIATE. FOLLOWING A CONDITIONAL OFFER TO RETAIN THE CONTRACTOR'S SERVICES, THE CONTRACTOR MAY BE SUBJECT TO GBC-EDUCATION'S CRIMINAL BACKGROUND CHECK REQUIREMENTS. ALL CONTRACTORS SUBMIT AN APPLICATION FORM AND, IF SELECTED, THEY ARE ASKED TO SIGN AN INDEPENDENT CONTRACTOR AGREEMENT. THE ORGANIZATION MAINTAINS RECORDS TO SUBSTANTIATE THE SELECTION CRITERIA USED TO ENTER INTO THE CONTRACTOR AGREEMENT, THE CONTRACT AMOUNT, DELIVERABLES RECEIVED, PAYMENTS MADE, ETC. PART III ACCOUNTING METHOD: 1 ACTION GREENSBORO 122 N ELM STREET STE 110 GREENSBORO NC 27401 562251250 501(C)(3) 100000 0 TWO-YEAR GRANT TO SUPPORT YOUTH SKILLS ACTIVITIES AND TO FACILITATE PARTICIPATION IN THE GBC-EDUCATION'S COMMUNITY OF PRACTICE SIDEKICK EDUCATION INC 1360 REGENT ST STE 162 MADISON WI 53715 831877071 CORPORATION 10000 0 ONE-YEAR GRANT TO SUPPORT YOUTH SKILLS ACTIVITIES AND TO FACILITATE PARTICIPATION IN THE GBC-EDUCATION'S COMMUNITY OF PRACTICE ORLANDO COMMUNITY & YOUTH TRUST INC 595 N PRIMROSE DR ORLANDO FL 32803 650572536 CORPORATION 10000 0 ONE-YEAR GRANT TO SUPPORT YOUTH SKILLS ACTIVITIES AND TO FACILITATE PARTICIPATION IN THE GBC-EDUCATION'S COMMUNITY OF PRACTICE 1 2 PART I, LINE 2: GBC-EDUCATION SUPPORTS CHARITIES AIMED AT DEVELOPING SKILLS, BETTERING EDUCATION, AND EMPOWERING YOUNG PEOPLE. IN ACCORDANCE WITH ITS GRANT MAKING POLICIES, GBC-EDUCATION FOCUSES ON APPLICATIONS FOR GRANTS WHERE ITS CONTRIBUTION CAN MAKE A REAL DIFFERENCE. ALL APPLICANTS ARE ASKED TO COMPLETE AN APPLICATION FORM AND, WHERE AVAILABLE, GBC-EDUCATION REVIEWS THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS, ANNUAL REPORTS, ETC. IF APPLICANTS ARE SUCCESSFUL, THEY ARE ASKED TO SIGN A LETTER OF AGREEMENT, WHICH INCLUDES A REQUIREMENT TO PROMPTLY INFORM US OF ANY MATTER THAT COULD BE REASONABLY EXPECTED TO HAVE AN ADVERSE EFFECT ON THE REPUTATION OF GBC-EDUCATION. THE GRANTEE IS REQUIRED TO COMPLETE AND SUBMIT PERIODIC NARRATIVE AND FINANCIAL REPORTS TO GBC-EDUCATION. THE ORGANIZATION MAINTAINS RECORDS TO SUBSTANTIATE THE ELIGIBILITY AND SELECTION CRITERIA USED TO AWARD THE GRANT, THE GRANT AMOUNT, REPORTS RECEIVED, GRANT PAYMENTS MADE, ETC. X X X X 0 0 0 0 0 0 0 0 0 JUSTIN W VAN FLEET EXECUTIVE DIRECTOR 176478 0 0 0 0 0 3672 0 18294 0 198444 0 0 0 EMILY FRIEDMAN HEAD OF BUSINESS IMPACT 140747 0 0 0 0 0 2999 0 25392 0 169138 0 0 0 PART I, LINE 3 THEIRWORLD, THE SOLE MEMBER, DETERMINES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR USING A COMPENSATION REVIEW PROCESS THAT INCLUDES INDEPENDENT PERSONS, A REVIEW OF THE FORM 990 OF OTHER ORGANIZATIONS, USE OF A WRITTEN EMPLOYMENT CONTRACT, AND APPROVAL BY THE BOARD/COMPENSATION COMMITTEE. THIS PROCESS TAKES PLACE ANNUALLY AT THE END OF THE YEAR IN NOVEMBER. FORM 990, PART IV, LINE 12F: THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS DO NOT INCLUDE A FOOTNOTE THAT ADDRESSES THEIR LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48. THE ORGANIZATION HAS PROCESSES IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 3 THEIRWORLD PROJECTS LIMITED, A SUBSIDIARY OF THEIRWORLD, PROVIDES MANAGEMENT AND ADMINISTRATIVE SERVICES, INCLUDING WORKING SPACE, COMMUNICATIONS, CONSULTANCY, FUNDRAISING, FINANCE, ACCOUNTING AND LEGAL SERVICES. FOR THE TAX PERIOD ENDED DECEMBER 31, 2022, $250,953 WAS PAID FOR THESE SERVICES. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS THEIRWORLD, A CHARITY FORMED UNDER THE LAWS OF THE UNITED KINGDOM. FORM 990, PART VI, SECTION A, LINE 7A ALL VOTING BOARD DIRECTORS ARE APPOINTED BY THE SOLE MEMBER AND MAY BE REMOVED WITH OR WITHOUT CAUSE BY THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B THE NUMBER OF PEOPLE ON THE BOARD OF DIRECTORS SHALL BE DETERMINED BY THE SOLE MEMBER, BUT MAY NOT BE LESS THAN THREE. THE BYLAWS MAY BE AMENDED, ALTERED AND REPEALED, AND NEW BYLAWS MAY BE ADOPTED, BY THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION'S GOVERNING BODY DID NOT DELEGATE BOARD AUTHORITY TO ANY COMMITTEE DURING THE TAX PERIOD ENDED DECEMBER 31, 2022, AND, AS SUCH, THE IRS REQUIRES THAT FORM 990, PART VI, SECTION A, LINE 8B BE ANSWERED NO. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. PRIOR TO FILING, THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION PERIODICALLY TAKES ACTION TO MONITOR KEY EMPLOYEE (WHEN APPLICABLE), OFFICER, AND BOARD DIRECTOR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THIS IS DONE THROUGH AN ANNUAL COMMUNICATION TO APPLICABLE EMPLOYEES SETTING FORTH THE POLICY AND ASKING EMPLOYEES TO REPORT ANY CONFLICTS OF INTEREST THAT VIOLATE THE POLICY. THE BOARD OF DIRECTORS SIGN CONFLICT OF INTEREST STATEMENT ANNUALLY. ANNUAL MEETINGS HAVE A STANDING AGENDA ITEM TO REMIND THE DIRECTORS TO SIGN CONFLICT OF INTEREST STATEMENT. TO REGULARLY AND CONSISTENTLY MONITOR THE POLICY, THERE IS ALSO A PROVISION THAT REQUIRES THE ORGANIZATION TO CONDUCT PERIODIC REVIEWS OF ITS ACTIVITIES TO MONITOR FOR POTENTIAL CONFLICTS. IN ADDITION, POTENTIAL CONFLICTS MUST BE TIMELY DISCLOSED TO THE BOARD OF DIRECTORS AND ANY RELEVANT COMMITTEE MEMBERS, WHO DECIDE IF A CONFLICT EXISTS. IF A CONFLICT DOES EXIST, THE FOLLOWING PROCEDURES SHALL BE FOLLOWED: (A) THE CHAIRMAN, SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT; (B) AFTER EXERCISING DUE DILIGENCE, THE DIRECTORS OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION COULD 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; AND (C) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE, THE DIRECTORS OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTERESTS AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE ORGANIZATION AND SHALL DECIDE AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, SECTION B, LINE 15A: THEIRWORLD, THE SOLE MEMBER, DETERMINES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR USING A COMPENSATION REVIEW PROCESS THAT INCLUDES INDEPENDENT PERSONS, A REVIEW OF THE FORM 990 OF OTHER ORGANIZATIONS, USE OF A WRITTEN EMPLOYMENT CONTRACT, AND APPROVAL BY THE BOARD/COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15B: NO OTHER COMPENSATED PERSON MEETS THE IRS DEFINITION OF OFFICER OR KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT GENERALLY MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, BUT WILL PROVIDE THEM TO PARTIES UPON REQUEST ON AN AS NEEDED BASIS. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 810,246. MANAGEMENT AND GENERAL EXPENSES 6,510. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 816,756. THEIRWORLD BROADGATE TOWER 20 PRIMROSE STREET LONDON ENGLAND UK EC2A 2RS EDUCATIONAL MISSION SIMILAR TO THE U.S. ORGANIZATION UK 0 THEIRWORLD PROJECTS LIMITED BROADGATE TOWER 20 PRIMROSE STREET LONDON ENGLAND UK EC2A 2RS EDUCATIONAL MISSION SIMILAR TO THE U.S. ORGANIZATION UK THEIRWORLD 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0