2024-07-25T14:55:19-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2023-01-01 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 2024-07-17 1 JUSTIN VAN FLEET 999009999 0 DANIELLE NIHILL P01350943 7819821001 2024-07-16 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z THEIRWORLD USA JUSTIN W VAN FLEET 599 LEXINGTON AVENUE FL 23 NEW YORK NY 10022 1280237 0 X WWW.GBC-EDUCATION.ORG X 2012 DE TO ENSURE YOUNG PEOPLE HAVE THE BEST START IN LIFE, A SAFE PLACE TO LEARN & SKILLS FOR THE FUTURE. 6 6 7 6 0 0 2335005 1256749 0 0 989 23488 0 0 2335994 1280237 193000 111000 0 0 896951 977899 0 0 36127 1334895 966396 2424846 2055295 -88852 -775058 2852615 2075365 185811 183282 2666804 1892083 X OUR VISION IS TO END THE GLOBAL EDUCATION CRISIS AND UNLEASH THE POTENTIAL OF THE NEXT GENERATION. OUR MISSION IS TO ENSURE EVERY CHILD HAS THE BEST START IN LIFE, A SAFEPLACE TO LEARN, AND SKILLS FOR THE FUTURE. 0 0 1871570 111000 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. WE BROKER RELATIONSHIPS BETWEEN DIVERSE STAKEHOLDERS AND SUPPORT COMPANIES TO IMPLEMENT ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG) ACTIVITIES WHICH LEVERAGE SUSTAINABLE IMPACT FOR CHILDREN AND YOUTH.CONTINUED ON SCHEDULE OOUR GLOBAL EDUCATION PROGRAM SPANS FOUR ACTIVE INITIATIVES: ESG AND SOCIAL IMPACT; HUMANITARIAN RELIEF; YOUTH SKILLS DEVELOPMENT; AND EARLY YEARS CARE AND EDUCATION.IN 2023, THE ORGANIZATION 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. IN 2023, GBC-EDUCATION PRODUCED "EDUCATION + ESG" PLAYBOOK, OFFERING BUSINESSES A PRACTICAL WAY TO INTEGRATE EDUCATION SOLUTIONS INTO THEIR CORPORATE ESG STRATEGIES. DRAWING ON THE RESOURCES LAID OUT IN THE PUBLISHED IN 2022 "YOUR JOURNEY TO IMPACT" GUIDES AS WELL AS THE INITIAL "EDUCATION AND ESG" REPORT, THE PLAYBOOK SETS A FIRST-OF-ITS-KIND MEASURABLE STANDARD FOR SUCH WORK. INCLUDED IN THIS NEW PLAYBOOK ARE CASE STUDIES FROM LEADING COMPANIES: GOOGLE, MASTERCARD, SCHNEIDER ELECTRIC, AVANTI COMMUNICATIONS, ACCENTURE, ESTEE LAUDER, AND OTHERS. GBC-EDUCATION WORKED WITH TEAMS FROM EACH OF THESE COMPANIES TO SHOWCASE HOW INVESTMENT IN EDUCATION HELPS WITH CORPORATE ESG STRATEGIES. THE PLAYBOOK WAS LAUNCHED IN SEPTEMBER DURING THE WEEK OF THE 78TH SESSION OF THE UN GENERAL ASSEMBLY AT THE GBC-EDUCATION ANNUAL EVENT THAT BROUGHT TOGETHER OVER 100 BUSINESS LEADERS AND EDUCATION EXPERTS. THE EVENT FEATURED SPEAKERS FROM PRUDENTIAL FINANCIAL, MASTERCARD, SCHNEIDER ELECTRIC, AND GENERALI ALL OF WHOM ENDORSED THE NEW FRAMEWORK FOR EDUCATION'S CENTRALITY TO ESG STRATEGIES. IN TANDEM WITH THE PLAYBOOK, GBC-EDUCATION RELEASED TWO ADDITIONAL RESOURCES: A COMPANION GUIDE FOR THE NON-CORPORATE COMMUNITY, CALLED "ELEVATE CORPORATE ENGAGEMENT THROUGH ESG: HOW THE EDUCATION SECTOR CAN BUILD SUCCESSFUL BUSINESS PARTNERSHIPS FOR ACCELERATED IMPACT." THIS COMPREHENSIVE GUIDE OFFERS STRATEGIES FOR PARTNERING WITH THE PRIVATE SECTOR BY DEMONSTRATING HOW INVESTMENT IN EDUCATION IS CORE TO THEIR BUSINESS STRATEGIES. THE SECOND RESOURCE, "THE BUSINESS CASE FOR THE EARLY YEARS" REPORT, MAKES AN URGENT CASE FOR GLOBAL BUSINESS COMMUNITY TO BROADEN ITS FOCUS TO THE YOUNGEST CHILDREN TO HELP TRANSFORM NOT ONLY THEIR EDUCATION, BUT THEIR HEALTH, EMPLOYABILITY, AND ALL-AROUND CONTRIBUTION TO THEIR COMMUNITIES AND THE WIDER WORLD. HUMANITARIAN RELIEF: THE DIGITAL EQUITY FOR UKRAINE INITIATIVE, A $30 MILLION PARTNERSHIP WITH HP INC. AND MICROSOFT TO DELIVER MORE THAN 74,000 LAPTOPS TO CHILDREN, TEACHERS, AND SCHOOLS IN NEED, BOTH INSIDE UKRAINE AND IN NEIGHBORING COUNTRIES, LAUNCHED BY THE GBC-EDUCATION WITH THE ASSISTANCE OF THE OLENA ZELENSKA FOUNDATION IN 2022, CULMINATED WITH THE FINAL, SUCCESSFUL DELIVERY OF ALL OF THE DEVICES IN AUGUST 2023. 38,856 LAPTOPS WERE GIVEN TO TEACHERS IN 12 REGIONS OF UKRAINE. 35,400 LAPTOPS WERE DISTRIBUTED VIA INTERNATIONAL ORGANIZATIONS TO UKRAINIAN TEACHERS AND STUDENTS TO SUPPORT THE ONLINE EDUCATION IN THE SURROUNDING HOST COUNTRIES, INCLUDING MOLDOVA, POLAND, ROMANIA, HUNGARY, GERMANY, UNITED KINGDOM. THIS WORK DIRECTLY IMPACTED ESTIMATED 78,967 BENEFICIARIES AND ESTIMATED 1,580,177 INDIRECT BENEFICIARIES.IN ADDITION TO DEVICES, THE INITIATIVE PROVIDED EMERGENCY HUMANITARIAN RELIEF FUNDING OF $250,000 TO SUPPORT THE ORGANIZATIONS WORKING WITH REFUGEE AND DISPLACED UKRAINIAN CHILDREN TO PROVIDE SEED FUNDING FOR COMMUNITY ACTION PROJECTS AND SKILLS TRAINING FOR UKRAINIAN REFUGEE YOUTH AND TO SUPPORT THE REMOTE LEARNING OF UKRAINIAN CHILDREN WHO HAVE FLED TO THE UK, AS WELL AS THE CREATION OF AN ONLINE GAME TO HELP CHILDREN AND THEIR FAMILIES COPE WITH THE TRAUMA CAUSED BY WAR. IN MAY 2023, TOGETHER WITH ECONOMIST IMPACT, HP, INC., AND MICROSOFT, GBC-EDUCATION HOSTED A RECEPTION AT THE UKRAINE HOUSE FOUNDATION WITH THE PARTICIPATION OF THE HONORABLE OKSANA MARKAROVA, AMBASSADOR OF UKRAINE TO THE UNITED STATES. THE EVENT WAS ATTENDED BY MORE THAN 150 GUESTS; IT BROUGHT TOGETHER THE BUSINESS COMMUNITY AND INTERNATIONAL ORGANIZATIONS TO HEAR FROM PUBLIC AND PRIVATE SECTOR PARTNERS SUPPORTING EDUCATION FOR CHILDREN AND YOUNG PEOPLE AFFECTED BY THE WAR IN UKRAINE AND HIGHLIGHTED THE WORK OF THE INITIATIVE AND ITS CRITICAL IMPACT.YOUTH SKILLS DEVELOPMENT: IN 2023, GBC-EDUCATION COMPLETED ITS INAUGURAL AND LAUNCHED THE SECOND SKILLS FRIENDLY CITIES (SFC)'S BIG IDEAS, BRIGHT CITIES CHALLENGE DESIGNED TO HELP SOLVE AN URGENT YOUTH SKILLS DEVELOPMENT PROBLEM IN THE UNITED STATES, WHERE ONE IN TEN YOUNG PEOPLE ARE NOT IN SCHOOL OR NOT EMPLOYED, AND MILLIONS MORE ARE UNDEREMPLOYED. THE FIRST YEAR'S COHORT REACHED ESTIMATED 99,000 YOUNG PEOPLE, PLACED 6,320 YOUNG PEOPLE IN INTERNSHIPS AND APPRENTICESHIPS, AND HELPED 9,481 LAND THEIR FIRST JOB. THE 2023 CHALLENGE RECOGNIZED SOUTHERN CALIFORNIA COLLEGE ACCESS NETWORK, WHICH PROVIDES ONE-ON-ONE MENTORING AND CAREER COUNSELING SERVICES TO PUBLIC HOUSING RESIDENTS, AS THE WINNER TO RECEIVE THE $100,000 GRANT, AND INVITED THEM AND 14 OTHER FINALISTS TO PARTICIPATE IN THE SFC INCUBATOR PROGRAM. IT IS ESTIMATED THAT 111,500 MORE YOUNG PEOPLE WILL BE REACHED BY ORGANIZATIONS IN THE SFC INCUBATOR PROGRAM. EARLY YEARS CARE AND EDUCATION: GBC-EDUCATION LAUNCHED THIS INITIATIVE TO FOCUS ON BUSINESS ENGAGEMENT TO SUPPORT EARLY CHILDHOOD DEVELOPMENT AND EDUCATION ALIGNED WITH THE GLOBAL ACT FOR EARLY YEARS CAMPAIGN.THE BEST START IN LIFE MEANS A HEALTHY BIRTH, GOOD NUTRITION, NURTURING CARE, AND A SAFE PLACE TO PLAY, FOLLOWED BY A QUALITY, INCLUSIVE EARLY CHILDHOOD EDUCATION THAT PREPARES CHILDREN FOR THEIR FIRST YEARS AT SCHOOL. OUR ACT FOR EARLY YEARS CAMPAIGN AIMS TO SECURE QUALITY EARLY CHILDHOOD DEVELOPMENT, CARE, AND EDUCATION FOR EVERY CHILD DURING THE FIRST FIVE YEARS OF LIFE. THE CAMPAIGN ENGAGES A NETWORK OF CIVIL SOCIETY ORGANIZATIONS, YOUTH AND BUSINESS LEADERS. GLOBAL IN FOCUS, THE CAMPAIGN ALSO SUPPORTS WORK IN THE U.S. TO ADVANCE EARLY YEARS DEVELOPMENT AND CARE. 1871570 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 13 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 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 FLOOR 23 NEW YORK NY 10022 JUSTIN W VAN FLEET EXECUTIVE DIRECTOR 35.00 5.00 X 181038 0 25151 EMILY FRIEDMAN HEAD OF BUSINESS IMPACT 35.00 0.00 X 144858 0 25181 ANNA SHAKAROVA HEAD OF OPS/PROJECT MONITO 35.00 0.00 X 136916 0 10211 SARAH BROWN EXEC. CHAIR, DIRECTOR 6.00 2.00 X X 0 0 0 DAVID BOUTCHER SECRETARY, DIRECTOR 6.00 2.00 X X 0 0 0 EDWARD ESTRADA TREASURER, DIRECTOR 1.00 0.00 X X 0 0 0 LISA BELZBERG DIRECTOR 1.00 0.00 X 0 0 0 JOYCE MALOMBE DIRECTOR 1.00 0.00 X 0 0 0 SHANNON DE BOISSARD DIRECTOR (AS OF 09/23) 1.00 1.00 X 0 0 0 462812 0 60543 3 0 1 0 THEIRWORLD PROJECTS LTD 20 PRIMROSE ST LONDON ENGLAND UK EC2A 2RS MANAGEMENT SERVICES 240848 LEBEC CONSULTING 928 SW 10TH STREET MIAMI FL 33130 PROGRAM CONSULTING SERVICES 128000 2 1256749 1256749 23488 23488 1280237 0 0 23488 X 50000 50000 61000 61000 206189 195880 10309 615303 584538 30765 9160 8702 458 79855 75862 3993 67392 64022 3370 240848 133622 71099 36127 58805 58805 3188 3188 490701 478764 11937 30675 29248 1427 17128 13528 3600 32616 31490 1126 86722 86395 327 4662 4662 OTHER 1051 1051 ALLOCATED OVERHEAD 0 53857 -53857 2055295 1871570 147598 36127 126768 45079 2712148 292899 0 300 2832 656 29339 14795 8867 14544 1719887 2000 2000 2852615 2075365 185811 183282 185811 183282 X 1158687 1359619 1508117 532464 2666804 1892083 2852615 2075365 -775058 337 0 X 0 1 X 1 0 X 2327005 2964641 648 2335005 1256749 8884048 2327005 2964641 648 2335005 1256749 8884048 7154907 1729141 989 23488 24477 8908525 419333 0.19410 0.22560 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. THE ORGANIZATION HAS EXPANDED ITS FUNDRAISING OUTREACH AND ENGAGEMENTS, INCLUDING THROUGH THE ESTABLISHMENT OF A NEW DEVELOPMENT BOARD. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 2055295 2055295 252765 63191 0 0 243199 12130 271242 252765 779336 1169004 0 0 0 0 60800 3033 67811 63191 194835 292253 0 0 0 0 29339 14795 14544 14544 1277386 337 337 1277049 3188 3188 1280237 2052107 0 2052107 3188 3188 2055295 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES PROGRAM CONSULTING SERVICES 143887 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 1 PROGRAM SERVICES ADMINISTRATIVE SUPPORT TO PROGRAMS 204721 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 FUNDRAISING 36127 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES GRANT TO SUPPORT THE JENNIFER BROWN RESEARCH LABORATORY 61000 0 1 0 0 0 1 445735 0 445735 EUROPE (INCLUDING ICELAND & GREENLAND) GRANT TO SUPPORT THE JENNIFER BROWN RESEARCH LABORATORY 61000 ACH 0 1 0 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. 1 SOUTHERN CALIFORNIA COLLEGE ATTAINMENT NETWORK 1000 NORTH ALAMEDA STREET SUITE 240 LOS ANGELES CA 90012 954302067 501(C)(3) 50000 0 SEVEN-MONTH GRANT TO EXPAND AND GROW PROJECT SOAR WHICH PROVIDES COLLEGE AND CAREER ADVICE TO YOUTH LIVING AT THE EIGHT PUBLIC HOUSING SITES AROUND LOS ANGELES, CA AND TO FACILITATE THE PARTICIPATION IN THE GBC-EDUCATION'S COMMUNITY OF PRACTICE. 1 0 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 181038 0 0 0 0 0 3786 0 21365 0 206189 0 0 0 EMILY FRIEDMAN HEAD OF BUSINESS IMPACT 144858 0 0 0 0 0 3110 0 22071 0 170039 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 ENDING DECEMBER 31, 2023, $240,848 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, 2023, 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 PAYROLL FEES: PROGRAM SERVICE EXPENSES 21,585. MANAGEMENT AND GENERAL EXPENSES 1,136. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,721. CONSULTANTS: PROGRAM SERVICE EXPENSES 457,179. MANAGEMENT AND GENERAL EXPENSES 10,801. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 467,980. THEIRWORLD BROADGATE TOWER 20 PRIMROSE STREET LONDON ENGLAND UK EC2A 2RS EDUCATIONAL MISSION SIMILAR TO THE U.S. ORGANIZATION UK N/A 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 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 THEIRWORLD B 61000 FMV THEIRWORLD M 240848 FMV