2024-09-11T10:16:46-05:00 2023-12-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2023-01-01 346562544 BROTHER'S BROTHER FOUNDATION BROT 4123213160 1200 GALVESTON AVENUE PITTSBURGH PA 152331604 OZZY A SAMAD PRESIDENT 4123213160 2024-08-09 1 1 SARAH R PIOT P01358891 4122613644 2023 2024-08-08 14:25:15Z OZZY A SAMAD 1200 GALVESTON AVENUE PITTSBURGH PA 152331604 99577433 0 X WWW.BROTHERSBROTHER.ORG X 1958 OH BROTHER'S BROTHER FOUNDATION HELPS BRIDGE THE GAP BETWEEN AID AND SUSTAINABILITY BY SUPPORTING LOCALIZED PROGRAMS AND PROVIDING ESSENTIAL RESOURCES IN THE AREAS OF HEALTHCARE, INFRASTRUCTURE, DISASTER RESPONSE, AND EDUCATION (H.I.D.E). 27 27 16 145 0 0 109203630 99063671 461554 373858 13699 61595 -179486 -145387 109499397 99353737 86038266 82050622 0 0 1498149 1622764 0 0 848610 2130271 2951857 89666686 86625243 19832711 12728494 36735429 49546949 222567 300120 36512862 49246829 X BROTHER'S BROTHER FOUNDATION HELPS BRIDGE THE GAP BETWEEN AID AND SUSTAINABILITY BY SUPPORTING LOCALIZED PROGRAMS AND PROVIDING ESSENTIAL RESOURCES IN THE AREAS OF HEALTHCARE, INFRASTRUCTURE, DISASTER RESPONSE, AND EDUCATION (H.I.D.E). 0 0 78819166 77977708 328858 HEALTHCARE PROGRAM - SEE SCHEDULE O FOR DESCRIPTIONHEALTHCARE PROGRAM: WORKING WITH DOMESTIC AND INTERNATIONAL RELIEF ORGANIZATIONS, BBF'S HEALTHCARE PROGRAM PROVIDES PHARMACEUTICALS, MEDICAL SUPPLIES AND EQUIPMENT TO PROMOTE BETTER HEALTHCARE OUTCOMES. BBF RECEIVES DONATIONS FROM PHARMACEUTICAL MANUFACTURERS, WHOLESALERS AND SUPPLIERS, MEDICAL FACILITIES, OTHER ORGANIZATIONS, AND INDIVIDUALS THROUGHOUT THE UNITED STATES.IN 2023, BBF SENT 113 SHIPMENTS OF REQUESTED PHARMACEUTICALS, MEDICAL SUPPLIES, AND EQUIPMENT. BBF PROVIDED SUPPLIES FOR 43 HAND-CARRY MEDICAL AND HUMANITARIAN MED-SURG TRIPS AT NO COST TO THE PHYSICIAN TEAMS. THESE TRIPS ALLOW BBF TO SERVE AND REACH ADDITIONAL POPULATIONS IN NEED. THE SHIPMENTS AND MED-SURG TRIPS WENT TO 25 COUNTRIES AROUND THE WORLD. 4805578 2977388 2500 DISASTER RESPONSE PROGRAM: BBF RECEIVES A VARIETY OF HUMANITARIAN DONATIONS INCLUDING DISASTER RESPONSE SUPPLIES FROM U.S. MANUFACTURERS AND INDIVIDUALS. BBF RESPONDS TO NATURAL AND OTHER DISASTERS BOTH DOMESTICALLY IN THE US AND THROUGHOUT THE WORLD. THESE RESPONSES INCLUDE PROVIDING NEEDED HUMANITARIAN SUPPLIES AND EQUIPMENT, ALONG WITH SUPPORT FOR MEDICAL FACILITY RELATED PROGRAMS. THIS SUPPORT IS GENERALLY PROVIDED IN COLLABORATION WITH IN-COUNTRY PARTNERS ON THE GROUND. IN 2023, BBF RESPONDED TO 19 DISASTERS BY PROVIDING GRANTS, MEDICATION, HEALTHCARE EQUIPMENT, AND HUMANITARIAN SUPPLIES FOR RELIEF AND RECOVERY EFFORTS. 1094077 1030125 42500 EDUCATION PROGRAM - SEE SCHEDULE O FOR DESCRIPTIONEDUCATION PROGRAM: BROTHER'S BROTHER FOUNDATION (BBF) RECEIVES DONATED NEW AND USED TEXTBOOKS AND EDUCATIONAL MATERIAL FROM A NUMBER OF LARGE U.S. - BASED PUBLISHERS. BBF WORKS WITH TRUSTED PARTNER ORGANIZATIONS TO ENSURE THAT ALL DONATED EDUCATIONAL MATERIAL WILL IMPROVE THE ACCESS AND QUALITY OF EDUCATION FOR DISADVANTAGED CHILDREN AND SCHOOL AGE YOUTH IN RECIPIENT COUNTRIES.IN 2023, BBF SUPPORTED 34 EDUCATIONAL PROGRAMS IN 8 DIFFERENT COUNTRIES THROUGH PROVIDING GRANTS AND SUPPLIES. MOST OF BBF'S DONATIONS ARE DISTRIBUTED OUTSIDE THE UNITED STATES BUT ALSO INCLUDE PROJECTS WITHIN THE COUNTRY IN LOCAL UNDERSERVED COMMUNITIES AND OTHER RECIPIENTS SUCH AS NATIVE AMERICAN SCHOOLS. 208612 65400 INFRASTRUCTURE PROGRAM:THE INFRASTRUCTURE PROGRAM FOCUSES ON THE AREAS OF SOLAR POWER AND WASH (WATER, SANITATION, AND HYGIENE). IN 2023, BBF SUPPORTED INFRASTRUCTURE PROJECTS IN USA, GHANA, LIBERIA, ZAMBIA AND ZIMBABWE1. SOLAR: BBF HAS BEEN WORKING WITH PARTNERS TO HELP INSTALL SOLAR PANEL SYSTEMS SINCE EARLY 2013. THE PROGRAM BEGAN WITH SUPPLYING BATTERIES TO SIX HOSPITALS IN LIBERIA AND SINCE THEN HAS GROWN IN SIZE AND SCOPE. THE RURAL HEALTH CLINICS THAT RECEIVE THESE SOLAR POWER SYSTEMS OFTEN DID NOT PREVIOUSLY HAVE ACCESS TO A RELIABLE POWER SOURCE. THESE INSTALLATIONS HAVE NOW ENABLED THE CLINICS TO ALSO REFRIGERATE MEDICINES AND PROVIDE SERVICES SUCH AS ATTENDING TO EXPECTANT MOTHERS DURING NON-DAYLIGHT HOURS. THOUGH THE PROJECT WAS IMPACTED BY COVID-19 IN 2020 AND 2021, THE PROGRAM HAS EQUIPPED MORE THAN 90 CLINICS AND HOSPITALS IN SUB-SAHARAN AFRICA, INDIA, AND PUERTO RICO IN COLLABORATION WITH PARTNERS.2. WASH: ACCESS TO THE AREAS OF W.A.S.H. HAVE BEEN DELINEATED AS KEY HUMANITARIAN ISSUES AND INTERNATIONAL PUBLIC HEALTH PRIORITIES. THEY HAVE BEEN ASSOCIATED WITH IMPROVING HEALTH, LIFE EXPECTANCY, STUDENT LEARNING, AND GENDER EQUALITY. ADDITIONALLY, STUDIES HAVE SHOWN THAT THEY ARE INSTRUMENTAL IN REDUCING ILLNESS AND DEATH, WHILE HELPING REDUCE POVERTY AND IMPROVING SOCIO-ECONOMIC DEVELOPMENT. 208612 65400 84927433 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 1 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 9 0 1 16 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA AK AL AR CA CO CT FL GA HI IL KS KY MA MD ME MI MN MS NC NH NJ NM NY OH OR RI SC TN UT VA WI WV WA X X ERIK T RYAN 4123213160 1200 GALVESTON AVE PITTSBURGH PA 152331604 TERRANCE MURPHY VICE CHAIR (THRU 1/23), BOARD CHAIR (EFF. 1/23) 0.50 X X 0 0 0 THOMAS WENTLING BOARD CHAIR (EXIT 1/23) 0.50 X X 0 0 0 ERIC SAKS TRUSTEE (THRU 1/23), VICE CHAIR (EFF. 1/23) 0.50 X X 0 0 0 BRYANT MITCHELL TREASURER 0.50 X X 0 0 0 DANIEL DELANY SECRETARY 0.50 X X 0 0 0 DEBORAH MCMAHON MEDICAL DIRECTOR 0.50 X X 0 0 0 RON ALVARADO TRUSTEE 0.50 X 0 0 0 DIVYA ANNAMRAJU TRUSTEE 0.50 X 0 0 0 CHRISTINA BRISCOE ABATH TRUSTEE (ENTERED 1/23) 0.50 X 0 0 0 SVETLANA FAKTOROVICH TRUSTEE 0.50 X 0 0 0 DREW HARVEY TRUSTEE (EXIT 1/23) 0.50 X 0 0 0 DOUG HOLMES TRUSTEE 0.50 X 0 0 0 REBEKAH HUGHEY TRUSTEE 0.50 X 0 0 0 GRAHAM JOHNSTONE TRUSTEE 0.50 X 0 0 0 PHILLIP JONES TRUSTEE (ENTERED 1/23) 0.50 X 0 0 0 LANCE KANN TRUSTEE 0.50 X 0 0 0 BRIAN KENNEDY TRUSTEE 0.50 X 0 0 0 AGNES KIELIAN TRUSTEE (ENTERED 1/23) 0.50 X 0 0 0 BONNIE LAWSON TRUSTEE 0.50 X 0 0 0 DARREN MACIOCE TRUSTEE 0.50 X 0 0 0 ROBERT MANGINO TRUSTEE 0.50 X 0 0 0 CHRONIS MANOLIS TRUSTEE 0.50 X 0 0 0 MICHAEL MASELLI TRUSTEE 0.50 X 0 0 0 SANTIAGO PUJADAS TRUSTEE 0.50 X 0 0 0 IMRAN QADEER TRUSTEE (ENTERED 1/23) 0.50 X 0 0 0 AREF RAHMAN TRUSTEE (ENTERED 1/23) 0.50 X 0 0 0 LINDA RENNINGER TRUSTEE (EXIT 1/23) 0.50 X 0 0 0 WILLIAM SIMMONS TRUSTEE 0.50 X 0 0 0 WILLIAM SIMPSON TRUSTEE 0.50 X 0 0 0 NGOC THAI TRUSTEE 0.50 X 0 0 0 OZZY A SAMAD PRESIDENT 37.50 X 179178 0 15872 ERIK RYAN COO/CFO 37.50 X 124841 0 11497 LAURA KELLY VP OF COMMUNICATIONS & DEVELOPMENT 37.50 X 111300 0 10296 415319 0 37665 3 0 1 0 MEDICAL CENTER ORTHOTICSPROST 2421 LINDEN LANE SILVER MD 20910 PROSTHETIC DEVICES 328354 CGS PREMIER S64 W15586 COMMERCE CENTER PARKWAY MUSKEGO WI 53150 MODIFICATIONS FOR MOBILE HEALTH CLINICS 321724 COCHRAN CDJR 112 ROUTE 908 NATRONA HEIGHTS PA 15065 PURCHASE MOBILE HEALTH CLINIC VEHICLES 173650 TUDI MECHANICAL SYSTEMS 343 MUNSON AVENUE MCKEES ROCKS PA 15136 ELECTRICAL & HVAC REPLACEMENTS 153323 LOGISTICON INC 331 W MAIN ST STE 302 DURHAM NC 27701 TRANSPORTATION 148801 9 23507 195119 15000 98830045 94595679 99063671 HEALTH/DISASTER 900099 373858 373858 373858 58195 58195 3000 63829 -60829 -60829 -60829 8552 5152 3400 3400 3400 66311 195119 154715 -88404 -88404 MISCELLANEOUS INCOME 900099 3846 3846 3846 99353737 373858 0 -83792 1525068 1525068 80525554 80525554 331388 160882 78084 92422 947113 459234 218254 269625 42841 21035 12647 9159 200236 99936 56336 43964 101186 45220 27714 28252 40091 40091 2217 2217 313330 82531 11848 218951 176800 29755 46825 100220 146479 71017 68023 7439 54245 7449 19416 27380 211383 145238 65421 724 61080 61080 MOBILE HEALTH CLINIC 609617 609617 PACKAGING & SHIPPING 504631 504285 346 PROGRAM SUPPLIES 498173 498173 DUES AND SUBSCRIPTIONS 178771 54506 77952 46313 155040 87933 62946 4161 86625243 84927433 849200 848610 1369680 744182 3986537 3098319 200000 42633 43420 28713763 42850076 72542 60940 4308298 1760512 2547813 2547786 2461 2226 36735429 49546949 222567 300120 222567 300120 X 33714119 47201515 2798743 2045314 36512862 49246829 36735429 49546949 12728494 5473 0 X X 0 1 X 1 0 X 55332187 79640208 116916645 109203630 99048671 460141341 55332187 79640208 116916645 109203630 99048671 460141341 300077561 160063780 43242 15064 11742 16349 80041 166438 460307779 1913899 0.34770 0.31150 X X IN 2022, BROTHER'S BROTHER FOUNDATION ("THE FOUNDATION", "BBF") DID NOT RECEIVE 33 1/3% OF ITS SUPPORT FROM THE GENERAL PUBLIC COMPUTED AS PRESCRIBED BY TREASURY REGULATION 1.170A-9(C)(2), AND THEREFORE DID NOT MEET THE MECHANICAL COMPUTATION TEST FOR DESIGNATION AS A "PUBLICLY SUPPORTED ORGANIZATION. HOWEVER, THE FOUNDATION DID MEET THE DEFINITION OF "PUBLICLY SUPPORTED ORGANIZATION PURSUANT TO THE "FACTS AND CIRCUMSTANCES TEST" AS SET FORTH IN TREASURY REGULATION 1.170A-9(E)(3) AS DISCUSSED IN THE FOLLOWING:I) TEN PERCENT OF SUPPORT LIMITATION: THE FOUNDATION REGULARLY RECEIVES MORE THAN 10% OF ITS SUPPORT FROM GENERAL PUBLIC AND THE U.S. GOVERNMENT, AS DOCUMENTED BY LINE 15 OF FORM 990, SCHEDULE A THAT REFERENCES THIS ATTACHMENT.THE PRIMARY REASONS THE FOUNDATION HAD A PUBLIC SUPPORT PERCENTAGE BELOW 33 1/3% COMPUTED AS PRESCRIBED BY TREASURY REGULATION 1.170A-9(E)(2) ARE AS FOLLOWS: 1) ALTHOUGH IT HAS A BROAD IN-KIND DONOR BASE, WITHIN THAT BASE IS A SMALL GROUP OF CORPORATE DONORS WHO REGULARLY CONTRIBUTE SUBSTANTIAL QUANTITIES OF MEDICAL, EDUCATIONAL AND HUMANITARIAN SUPPLIES FOR DISTRIBUTION BY THE FOUNDATION AND ITS PARTNERS TO THE NEEDY WORLDWIDE. DURING THE FIVE-YEAR PERIOD COVERED BY THE PUBLIC SUPPORT COMPUTATION, THE FOUR LARGEST IN-KIND DONORS PROVIDED APPROXIMATELY 77% OF IN-KIND CONTRIBUTIONS RECEIVED.MANAGEMENT AND MONITORING OF FUND-RAISING AND ADMINISTRATION COSTS HAS RESULTED IN NON-PROGRAM EXPENDITURES BEING LESS THAN 2.3% OF TOTAL EXPENSES ON AN ANNUAL BASIS. THE FOUNDATION FOCUSES ON MAINTAINING AS LOW AN OPERATING OVERHEAD AS POSSIBLE IN THE DISTRIBUTION OF DONATED IN-KIND RESOURCES WORLDWIDE. BBF IS FREQUENTLY ACKNOWLEDGED BY THE MEDIA AS A LEADER IN PROGRAM SUPPORT SPENDING EFFICIENCY.II) THE FOUNDATION CONTINUES EFFORTS TO EFFICIENTLY EXPAND PUBLIC SUPPORT FROM INDIVIDUAL DONORS AND OTHER DONOR UNITS. THE FOUNDATION RECEIVED CASH GIFTS FROM GIVING UNITS AS FOLLOWS:YEAR GIVING UNITS % INDIVIDUALS1. 2006 1,998 >92% 2. 2007 1,875 >92% 3. 2008 1,730 >92%3. 2009 1,627 >91% 4. 2010 5,920 >92% 5. 2011 4,195 >91% 6. 2012 2,505 >92% 7. 2013 3,861 >92%8. 2014 2,927 >92% 9. 2015 5,811 >89%10. 2016 5,067 >92%11. 2017 8,984 >93%12. 2018 5,616 >94% 13. 2019 5,467 >93%14. 2020 5,077 >96%15. 2021 7,192 >96%16. 2022 13,236 >95%17.2023 8,238 >95%PUBLIC SUPPORT IS RECEIVED THROUGH AN EFFICIENT ONGOING FUNDRAISING PROGRAM DESIGNED TO CULTIVATE EXISTING DONORS AND INCREASE THE DONOR BASE. MEDIA RECOGNITION OF BBF'S EFFORTS FURTHER HELPS SUPPORT THE ORGANIZATION'S WORK IN THE UNITED STATES AND WORLDWIDE. THE FOUNDATION'S EFFORTS INCLUDE SUPPORTING LOCALIZED PROGRAMS AND PROVIDING ESSENTIAL RESOURCES TO PARTNERS WORLDWIDE.III) PERCENTAGE OF FINANCIAL SUPPORT: THE FOUNDATION HAS MAINTAINED A STEADY CORE BASE OF INDIVIDUAL DONORS OVER THE LAST FIVE YEARS. THESE DONATIONS SUPPORT ONGOING LOCAL PARTNER PROGRAMS, BBF'S SHIPMENTS OF PHARMACEUTICALS, MEDICAL SUPPLIES, EQUIPMENT, AND EDUCATIONAL MATERIAL, ALONG WITH HUMANITARIAN RESPONSES TO DOMESTIC AND WORLDWIDE DISASTERS. INDIVIDUALS REPRESENT 96.24% OF THE TOTAL DONOR BASE AVERAGED OVER THE PREVIOUS FIVE YEARS. INDIVIDUAL DONORS CONTINUE TO RECOGNIZE THE ORGANIZATION'S CHARITABLE AND DEVELOPMENT EFFORTS AND AS MENTIONED, FORM A STEADFAST BASE OF SUPPORT. THE ORGANIZATION SYSTEMATICALLY PLANS FUNDRAISING EFFORTS TO INCREASE PUBLIC SUPPORT THROUGH AN ONGOING FUNDRAISING PROGRAM THAT IS DESIGNED TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT. IV) SOURCES OF SUPPORT: THE FOUNDATION MAINTAINS AN ACTIVE FUND-RAISING PROGRAM AND REALIZES FINANCIAL SUPPORT FROM A BROAD GROUP OF INDIVIDUALS, CORPORATIONS, CIVIC, AND RELIGIOUS GROUPS, NON-GOVERNMENTAL ORGANIZATIONS (NGOS) AND GOVERNMENTAL ORGANIZATIONS SUCH AS USAID. FUND-RAISING APPEALS ARE TARGETED TOWARDS AUDIENCES OF PAST, CURRENT AND POTENTIAL SUPPORTERS THROUGH MULTIPLE MEDIA PLATFORMS. BBF IS REGISTERED WITH THE COMBINED FEDERAL CAMPAIGN AND RECEIVES DONATIONS THROUGH THE PROGRAM.DURING THE FIVE-YEAR PERIOD COVERED BY THE PUBLIC SUPPORT COMPUTATION, THE FOUNDATION'S FINANCIAL DONOR COUNTS AVERAGED AS FOLLOWS:1. INDIVIDUALS: 4080 / YEAR. 2. INSTITUTIONS: 291 / YEAR. OVER THE LAST FIVE YEARS, THE INDIVIDUAL DONOR GROUP AVERAGED 7,470 CONTRIBUTIONS PER YEAR AND THE ORGANIZATIONAL DONOR GROUP AVERAGED 291 CONTRIBUTIONS PER YEAR.THE FOUNDATION ALSO MAINTAINS AN ACTIVE COMMUNICATION PROGRAM WITH ITS SUPPORTERS AND GENERAL PUBLIC THROUGH MAILINGS OF NEWSLETTERS AND ANNUAL REPORTS AND FREQUENT PRESS RELEASES OF NOTEWORTHY EVENTS. A WEBSITE IS MAINTAINED AT WWW.BROTHERSBROTHER.ORG. THE SITE INCLUDES INFORMATION ON THE FOUNDATION'S MISSION, PROGRAMS, CURRENT EVENTS AND PROVIDES A SECURE FACILITY FOR WEB VISITORS TO MAKE CONTRIBUTIONS BY ELECTRONIC PAYMENT METHOD.V) REPRESENTATIVE GOVERNING BODY: THE FOUNDATION'S BOARD OF TRUSTEES AND OFFICERS ARE COMPRISED OF BUSINESS AND CIVIC LEADERS WITH EXPERIENCE IN A WIDE VARIETY OF FIELDS INCLUDING EDUCATION, MEDICINE, LAW, BANKING, PHILANTHROPY, PUBLIC SERVICE, BUSINESS, AND MEDICAL MISSIONS. GOVERNING BODY REPRESENTATIVES HAVE PROVIDED SIGNIFICANT OVERSIGHT TO ENSURE EFFECTIVE LOCAL MANAGEMENT OF THE RESOURCES THAT THE FOUNDATION AND ITS PARTNERS HAVE FORWARDED FOR DISTRIBUTION TO THE NEEDY.VI) AVAILABILITY OF PUBLIC FACILITIES OR SERVICES & PUBLIC PARTICIPATION IN PROGRAMS OR POLICIES: DONATED MEDICAL, EDUCATIONAL, AND HUMANITARIAN SUPPLIES ARE DISTRIBUTED BY THE FOUNDATION AND ITS PARTNERS IN DEVELOPING AND DISASTER-STRICKEN COUNTRIES THROUGHOUT THE WORLD. SINCE ITS FOUNDING IN 1958, THE FOUNDATION TOGETHER WITH ITS PARTNERS HAS PROVIDED OVER $4 BILLION IN GOODS AND SERVICES INCLUDING, OVER 106,000 TONS OF MEDICAL SUPPLIES, MEDICAL EQUIPMENT AND TEXTBOOKS. SUCH ASSISTANCE HAS ENHANCED THE QUALITY OF LIFE FOR INNUMERABLE PEOPLE IN THE HEALTHCARE, INFRASTRUCTURE, DISASTER RESPONSE AND EDUCATIONAL AREAS.VII) ADDITIONAL FACTORS PERTINENT TO MEMBERSHIP ORGANIZATIONS: THE FOUNDATION IS NOT A MEMBERSHIP ORGANIZATION. VIII) CONCLUSION: ALTHOUGH THE FOUNDATION DOES NOT MEET THE MECHANICAL COMPUTATION TEST DEFINED IN TREASURY REGULATION 1.170A-9(C)(2) FOR DESIGNATION AS A "PUBLICLY SUPPORTED ORGANIZATION; IT CONTINUES TO QUALIFY AS "PUBLICLY SUPPORTED ORGANIZATION UNDER THE "FACTS AND CIRCUMSTANCES TEST" AS SET FORTH IN TREASURY REGULATION 1.170A-9(E)(3). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 421371 6290 8591 419070 430180 34 8843 421371 438633 157 8610 430180 456838 -9516 8689 438633 392996 71809 7967 456838 0.00000 1.00000 0.00000 0 0 213201 213201 2873374 608947 2264427 1221723 1151565 70158 2547786 X 99575537 5473 5473 99570064 2217 -218544 -216327 99353737 86841570 218544 218544 86623026 2217 2217 86625243 PART V, LINE 4: THE ENDOWMENT CONSISTS OF A FUND ESTABLISHED PRIMARILY FOR PROGRAMMING AND OPERATING NEEDS OF BBF AND INCLUDES DONOR-RESTRICTED FUNDS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE BOARD OF TRUSTEES OF BBF HAS ELECTED TO BE GOVERNED BY THE COMMONWEALTH OF PENNSYLVANIA'S ACT 141 (ACT 141) FOR THE DONOR-RESTRICTED ENDOWMENT FUNDS. ACT 141 IS A TOTAL RETURN POLICY THAT ALLOWS A NONPROFIT TO CHOOSE TO TREAT A PERCENTAGE OF THE AVERAGE MARKET VALUE OF THE ENDOWMENT'S PERMANENTLY RESTRICTED INVESTMENTS AS INCOME EACH YEAR. HOWEVER, THE LONG-TERM PRESERVATION OF THE REAL VALUE OF THE ASSETS MUST BE TAKEN INTO CONSIDERATION WHEN THE BOARD ELECTS THE AMOUNT. ON AN ANNUAL BASIS, THE BOARD MUST ELECT, IN WRITING, A SPENDING RATE OF BETWEEN 2% AND 7%. THIS PERCENTAGE IS APPLIED TO THE AVERAGE MARKET VALUE OF THE INVESTMENTS AT THE END OF THE PRIOR YEAR. AVERAGE MARKET VALUE IS BASED ON THE PREVIOUS 12 QUARTERS. BBF CLASSIFIES AS NET ASSETS WITH DONOR RESTRICTIONS THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT AND THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT. THE UNDISTRIBUTED AMOUNTS EARNED ARE INCLUDED NET ASSETS WITH DONOR RESTRICTIONS AS WELL. IN ACCORDANCE WITH ACT 141, BBF HAS ADOPTED A WRITTEN INVESTMENT POLICY, OF WHICH A SECTION SPECIFICALLY RELATES TO THE ENDOWMENT FUND. BBF CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO SET A SPENDING RATE: 1. PROTECTING THE CORPUS OF THE ENDOWMENT FUND; 2. PRESERVING THE SPENDING POWER OF THE ASSETS; 3. OBTAINING MAXIMUM INVESTMENT RETURN WITH REASONABLE RISK AND OPERATIONAL CONSIDERATION; AND 4. COMPLYING WITH APPLICABLE LAWS. BBF HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A STREAM OF FUNDING FOR PROGRAMS AND INITIATIVES SUPPORTED BY THE ENDOWMENT. THE POLICIES ARE ALSO INTENDED TO PROTECT THE INTEGRITY OF THE ASSETS AND ACHIEVE THE OPTIMAL RETURN POSSIBLE WITHIN THE SPECIFIED RISK PARAMETERS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE FOUNDATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD. UNDER THIS POLICY, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT EXCEED THE PRICE AND YIELD RESULTS OF A BLENDED BENCHMARK OF EQUITY AND FIXED-INCOME PEER GROUPS. TO SATISFY ITS ENDOWMENT INVESTMENT OBJECTIVES, BBF INVESTS IN MONEY MARKET FUNDS AND RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH CURRENT YIELD (INTEREST AND DIVIDENDS). IN ACCORDANCE WITH ACT 141, THE FOUNDATION ANNUALLY TRANSFERS BETWEEN 2% AND 7% OF THE PREVIOUS THREE YEARS' MARKET VALUE AVERAGE OF THE ENDOWMENT FUND TO UNRESTRICTED NET ASSETS FOR USE IN OPERATIONS. IN 2023 AND 2022, THE SPENDABLE RETURN TOTALED 2% OR $8,591 AND $8,843, RESPECTIVELY. THIS SPENDING POLICY IS CONSISTENT WITH THE COMMONWEALTH OF PENNSYLVANIA'S GUIDELINES AND WITH BBF'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY. FROM TIME TO TIME, CERTAIN DONOR-RESTRICTED ENDOWMENT FUNDS MAY HAVE FAIR VALUES LESS THAN THE AMOUNT REQUIRED TO BE MAINTAINED BY DONORS OR BY LAW (UNDERWATER ENDOWMENTS). THE FOUNDATION HAS INTERPRETED ACT 141 TO PERMIT SPENDING FROM UNDERWATER ENDOWMENTS IN ACCORDANCE WITH PRUDENT MEASURES REQUIRED UNDER LAW. BBF HAS NO UNDERWATER ENDOWMENT FUNDS AT DECEMBER 31, 2023 AND 2022. THE ORIGINAL CORPUS OF THE ENDOWMENT FUNDS IS $300,000. PART X, LINE 2: BBF IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (IRC) AND IS ALSO CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION UNDER THE MEANING OF SECTION 509(A) OF THE IRC. IN ADDITION, BBF HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS REQUIRING AN ACCRUAL OR DISCLOSURE IN THE FINANCIAL STATEMENTS. BBF IS NO LONGER SUBJECT TO EXAMINATIONS BY TAXING AUTHORITIES IN ANY MAJOR TAX JURISDICTION FOR YEAR BEFORE DECEMBER 31, 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -63,829. FUNDRAISING -154,715. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 63,829. FUNDRAISING 154,715. 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 NON-CASH ASSISTANCE PROVIDED TO RECIPIENTS LOCATED IN REGION PROVISION OF BOOKS, EDUCATIONAL SUPPLIES, PHARMACEUTICALS, MED. SUPPLIES & EQUIPMENT 70287116 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 NON-CASH ASSISTANCE PROVIDED TO RECIPIENTS LOCATED IN REGION PROVISION OF BOOKS, EDUCATIONAL SUPPLIES, PHARMACEUTICALS, MED. SUPPLIES & EQUIPMENT 6661562 RUSSIA AND NEIGHBORING STATES - UKRAINE 0 0 NON-CASH ASSISTANCE PROVIDED TO RECIPIENTS LOCATED IN REGION PROVISION OF PHARMACEUTICALS & MED. SUPPLIES & EQUIPMENT 2673231 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 NON-CASH ASSISTANCE PROVIDED TO RECIPIENTS LOCATED IN REGION PROVISION OF BOOKS, EDUCATIONAL SUPPLIES, PHARMACEUTICALS, MED. SUPPLIES & EQUIPMENT 277837 EUROPE (INCLUDING ICELAND AND GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGI 0 0 NON-CASH ASSISTANCE PROVIDED TO RECIPIENTS LOCATED IN REGION PROVISION OF PHARMACEUTICALS & MED. SUPPLIES & EQUIPMENT 267780 MIDDLE EAST & NORTH AFRICA - ALGERIA, BAHRAIN, DJUBOUTI, EGYPT, IRAN, IRAQ 0 0 NON-CASH ASSISTANCE PROVIDED TO RECIPIENTS LOCATED IN REGION PROVISION OF PHARMACEUTICALS & MED. SUPPLIES & EQUIPMENT 166261 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 NON-CASH ASSISTANCE PROVIDED TO RECIPIENTS LOCATED IN REGION PROVISION OF EDUCATIONAL SUPPLIES, PHARMACEUTICALS, MED. SUPPLIES & EQUIPMENT 86074 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 NON-CASH ASSISTANCE PROVIDED TO RECIPIENTS LOCATED IN REGION PROVISION OF BOOKS, EDUCATIONAL SUPPLIES, PHARMACEUTICALS, MED. SUPPLIES & EQUIPMENT 78052 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 NON-CASH ASSISTANCE PROVIDED TO RECIPIENTS LOCATED IN REGION PROVISION OF PHARMACEUTICALS & MED. SUPPLIES & EQUIPMENT 27641 0 0 0 0 0 0 80497913 27641 80525554 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, PROVISION OF BOOKS, EDUCATIONAL SUPPLIES, PHARMACEUTICALS, MED. SUPPLIES & EQUIPMENT 29000 DIRECT DISPERSEMENT 70258116 BOOKS,EDUCATIONAL SUPPLIES, PHARMACEUTICALS, MEDICAL SUPPLIES SEE PART V; SUPPLEMENTAL INFORMATION SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, PROVISION OF BOOKS, EDUCATIONAL SUPPLIES, PHARMACEUTICALS, MED. SUPPLIES & EQUIPMENT 62400 DIRECT DISPERSEMENT 6599162 BOOKS,EDUCATIONAL SUPPLIES, PHARMACEUTICALS, MEDICAL SUPPLIES SEE PART V; SUPPLEMENTAL INFORMATION RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, PROVISION OF PHARMACEUTICALS & MED. SUPPLIES & EQUIPMENT 496149 DIRECT DISPERSEMENT 2177082 PHARMACEUTICALS & MEDICAL SUPPLIES SEE PART V; SUPPLEMENTAL INFORMATION EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, PROVISION OF BOOKS, EDUCATIONAL SUPPLIES, PHARMACEUTICALS, MED. SUPPLIES & EQUIPMENT 0 DIRECT DISPERSEMENT 277837 BOOKS,EDUCATIONAL SUPPLIES, PHARMACEUTICALS, MEDICAL SUPPLIES SEE PART V; SUPPLEMENTAL INFORMATION EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM PROVISION OF PHARMACEUTICALS & MED. SUPPLIES & EQUIPMENT 56000 DIRECT DISPERSEMENT 211780 PHARMACEUTICALS & MEDICAL SUPPLIES SEE PART V; SUPPLEMENTAL INFORMATION MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, PROVISION OF PHARMACEUTICALS & MED. SUPPLIES & EQUIPMENT 50000 N/A 116261 PHARMACEUTICALS & MEDICAL SUPPLIES SEE PART V; SUPPLEMENTAL INFORMATION SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, PROVISION OF BOOKS, EDUCATIONAL SUPPLIES, PHARMACEUTICALS, MED. SUPPLIES & EQUIPMENT 0 DIRECT DISPERSEMENT 86074 BOOKS,EDUCATIONAL SUPPLIES, PHARMACEUTICALS, MEDICAL SUPPLIES SEE PART V; SUPPLEMENTAL INFORMATION NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES PROVISION OF BOOKS, EDUCATIONAL SUPPLIES, PHARMACEUTICALS, MED. SUPPLIES & EQUIPMENT 0 DIRECT DISPERSEMENT 78052 BOOKS,EDUCATIONAL SUPPLIES, PHARMACEUTICALS, MEDICAL SUPPLIES SEE PART V; SUPPLEMENTAL INFORMATION SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, PROVISION OF PHARMACEUTICALS & MED. SUPPLIES & EQUIPMENT 15000 DIRECT DISPERSEMENT 12641 PHARMACEUTICALS & MEDICAL SUPPLIES SEE PART V; SUPPLEMENTAL INFORMATION 96 0 0 0 0 0 0 0 PART I, LINE 2: GRANT MAKING/ELIGIBLE RECIPIENT PROCESS: 1. BBF RECEIVES NUMEROUS REQUESTS FOR ASSISTANCE. BBF WORKS WITH ESTABLISHED PARTNER AGENCIES IN MANY LOCATIONS INTERNATIONALLY. COMPLETION OF AN INTERNATIONAL RECIPIENT APPLICATION DOES NOT AUTOMATICALLY RESULT IN THE GRANT OF REQUESTED ITEMS. 2. THE REQUESTING RECIPIENT MUST NOTIFY BBF OF THE SPECIFIC MATERIAL RESOURCES NEEDED IN THE PARTICULAR COUNTRY. THIS LIST SHOULD BE AS DETAILED AS POSSIBLE. THIS DOCUMENT SHOULD BE PREPARED BY PROFESSIONALS AND/OR BENEFICIARY PARTICIPANTS WITH THE KNOWLEDGE OF THE NEEDS IN THE COUNTRY. IN ADDITION, THE REQUESTING RECIPIENT MUST COMPLETE AND SUBMIT THE INTERNATIONAL RECIPIENT APPLICATION. 3. THE FOLLOWING MUST BE PROVIDED TO BBF: A STATEMENT INDICATING THAT THE DONATED GOODS WILL BE DISTRIBUTED AT NO COST TO THE ULTIMATE RECIPIENT AND DOCUMENTATION IDENTIFYING THE SPONSORING ORGANIZATION'S AND RECIPIENT'S CHARITABLE STATUS SUCH AS A 501(C)(3) CERTIFICATION OR NON-GOVERNMENTAL ORGANIZATION (NGO) CERTIFICATE OF REGISTRATION FROM OVERSEAS PARTNER AGENCY. AN OFFICIAL DOCUMENT FROM THE RECIPIENT COUNTRY'S GOVERNMENT STATING THAT ORGANIZATION OR INSTITUTION HAS DUTY-FREE STATUS FOR THE GOODS BEING SHIPPED (IMPORTED) IS REQUIRED. BACKGROUND LITERATURE, BROCHURES, ANNUAL REPORTS AND OTHER INFORMATION DESCRIBING THE ORGANIZATIONS INVOLVED MUST ALSO BE SUBMITTED. 4. IF THE MATERIAL BEING REQUESTED BY THE RECIPIENT COUNTRY WILL BE USED WITHIN A NATIONAL AND/OR COMMUNITY DEVELOPMENT PLAN, BBF REQUIRES A COPY OF THIS PLAN THAT OUTLINES THE DISTRIBUTION PROCESS, DURATION OF PLAN AND EVALUATION PROCESS OF THE EFFECTIVENESS. 5. DOCUMENTATION STATING THAT THERE ARE WAREHOUSE OR STORAGE FACILITIES AVAILABLE FOR THE SHIPMENT MUST BE PROVIDED. 6. RECIPIENTS MUST PROVIDE COMPLETE CONSIGNEE INFORMATION, INCLUDING A CONTACT PERSON, ADDRESS, TELEPHONE AND FAX NUMBERS AND EMAIL ADDRESS. THE CONSIGNEE MUST BE CAPABLE OF CLEARING THE CONTAINER THROUGH CUSTOMS AND PROVIDING APPROPRIATE LOGISTICAL IN-COUNTRY SUPPORT. 7. AN OUTLINE OF THE DISTRIBUTION PLAN STATING WHO THE END USER OF THE DONATED MATERIALS WILL BE, AND A PROMISE TO SUBMIT A WRITTEN REPORT ON THE DISTRIBUTION PROCESS ONCE THE SHIPMENT ARRIVES. 8. ONCE DISTRIBUTED, THE RECIPIENT ORGANIZATION IS REQUIRED TO PROVIDE BBF WITH DISTRIBUTION REPORTS AND OTHER DOCUMENTATION SUCH AS PHOTOGRAPHS, NEWSPAPER ARTICLES AND LETTERS SUPPORTING THE EFFORT BY APPROPRIATE OFFICIALS AND PROFESSIONALS. 9. IT MAY BE THE RESPONSIBILITY OF THE RECIPIENT/SPONSORING ORGANIZATION TO COVER THE COSTS ASSOCIATED WITH THE SHIPMENT (IN-LAND AND OCEAN TRANSPORTATION AND BBF PROGRAM SERVICE FEE). 10. THE RECIPIENT IS REQUIRED TO CONFIRM ITS REQUEST FOR MATERIAL SELECTED FROM THE BBF PROVIDED INVENTORY LIST IN WRITING. THE LIST PROVIDED WILL INCLUDE RELATIVE INFORMATION SUCH AS PRODUCT DESCRIPTION, QUANTITIES ON HAND, DATING INFORMATION AND ANY DISTRIBUTION RESTRICTIONS. PART I, LINE 3: BOOKS AND EDUCATIONAL SUPPLIES ARE VALUED AT FAIR MARKET VALUE. PHARMACEUTICALS ARE VALUED AT FEDERAL AND STATE MEDICARE & MEDICAID PRICES SET FORTH BY THE CENTER FOR MEDICARE AND MEDICAID SERVICES (CMS) AND THE WEST VIRGINIA STATE MAXIMUM ALLOWABLE COST. FLA UKRAINE RELIEF 171155 132055 39100 5000 30000 83518 GOLT OUTING 90275 63064 27211 1420 9655 25122 261430 195119 66311 1420 5000 39655 108640 154715 -88404 1 ALL HANDS AND HEARTS 82 COUNTY ROAD PMB 79 MATTAPOISETT MA 02739 203414952 501(C)(3) 10000 0 N/A N/A GRANT FOR MAUI WILDFIRE SUPPORT AMERICAN FRIENDS OF RAMBAM HEALTH CARE CAMPUS 420 LEXINGTON AVE STE 1701 NEW YORK NY 10170 237049727 501(C)(3) 10000 0 N/A N/A GENERAL SUPPORT FOR HEALTHCARE NEEDS IN ISRAEL BOOKS FOR AFRICA INC 717 PRIOR AVE N ST PAUL MN 55104 411627391 501(C)(3) 0 79945 N/A N/A PGH EDUCATION PROJECTS CAPSTONE COMMUNITY ACTION 20 GABLE PLACE BARRE VT 05641 030216254 501(C)(3) 5000 6064 N/A N/A PGH DISASTER RESPONSE PROJECTS COUNCIL FOR NATIVE HI ADVANCEMENT 91-1270 KINOIKI STREET BLDG 1 KAPOLEI HI 96707 910313383 501(C)(3) 10000 63140 N/A N/A PGH DISASTER RESPONSE PROJECTS FEEDING AMERICA KENTUCKY'S HEARTLAND INC PO BOX 821 ELIZABETHTOWN KY 42702 611043635 501(C)(3) 10000 0 N/A N/A GRANT FOR TORNADO RECOVERY HEART OF ALABAMA FOOD BANK 521 TRADE CENTER ST MONTGOMERY AL 36108 630931846 501(C)(3) 10000 11474 N/A N/A UNITED STATES PROJECTS HUMPHREYS COUNTY EMERGENCY MANAGEMENT AGENCY 234 WEST BLUE CREEK ROAD WAVERLY TN 37185 GOVERNMENT 0 12660 N/A N/A PGH DISASTER RESPONSE PROJECTS LOCALLY GROWN 1256 FRANKLIN AVE WILKINSBURG PA 15221 842148701 501(C)(3) 0 77773 N/A N/A PGH EDUCATION PROJECTS MAKANA O KE AKUA INC 92-365 MALAHUNA PLACE KAPOLEI HI 96707 510480712 501(C)(3) 0 154346 N/A N/A PGH DISASTER RESPONSE PROJECTS MATTER 7005 OXFORD STREET ST LOUIS PARK MN 55426 371441658 501(C)(3) 0 547774 N/A N/A NCA HEALTHCARE PROJECTS MAUI FOOD BANK INC 760 KOLU STREET WAILUKU HI 96793 990315110 501(C)(3) 10000 0 N/A N/A MAUI WILDFIRE RESPONSE MAUI PREPARATORY ACADEMY 4910 HONOAPIILANI HIGHWAY LAHAINA HI 96761 990354508 501(C)(3) 56160 0 N/A N/A MENTAL HEALTHCARE FOR STUDENTS FOLLOWING THE MAUI WILDFIRES MODO FOR THE PEOPLE 34 WAILEA GATEWAY PLACE STE A106 KIHEI HI 96753 921215003 501(C)(3) 10000 0 N/A N/A GRANT FOR MAUI WILDFIRE RESPONSE PONCE MEDICAL SCHOOL FDTN PO BOX 7004 PONCE PR 007327004 660379122 501(C)(3) 33100 0 N/A N/A GRANT FOR OPERATIONAL SUPPORT/STUDENT CLINIC RAD-AID INTERNATIONAL 8004 ELLINGSON DRIVE CHEVY CHASE MD 20815 263914931 501(C)(3) 10000 0 N/A N/A BREAST CANCER SCREENING SAMU FOUNDATION 2001 L ST NW 500 WASHINGTON DC 20036 814198808 501(C)(3) 0 6611 N/A N/A COMPUTER EQUIPMENT AND PPE FOR NEW MIGRANTS IN THE USA SOLAR VILLAGE PROJECT UNIT 3029 1296 CRONSON BLVD CROFTON MD 21114 471884355 501(C)(3) 33000 0 N/A N/A INSTALLATION OF 6KW SOLAR PANEL SYSTEM IN PUERTO RICO THE EYE AND EAR FOUNDATION 203 LOTHROP ST SUITE 251 PITTSBURGH PA 15213 251439732 501(C)(3) 20000 0 N/A N/A GRANT FOR FUNDUS CAMERA SUPPORT THE QUEENS MEDICAL CENTER 1301 PUNCHBOWL STREET HONOLULU HI 96813 990073524 501(C)(3) 300000 0 N/A N/A MENTAL HEALTH INTERVENTION IN RESPONSE TO MAUI WILDFIRES 20 0 PART I, LINE 2: THE FOUNDATION'S PROCEDURES FOR MONITORING THE USE OF DOMESTIC GRANT FUNDS ARE SIMILAR TO THAT DESCRIBED IN SCHEDULE F, PART IV. ALSO, ORGANIZATIONS WITHIN THE US PROVIDE DETAILED EXPENDITURE REPORTS OF PROGRAMS FOR GRANTS RECEIVED FROM BBF. FORM 990, SCHEDULE I, PART I AND PART II: BOOKS AND EDUCATION SUPPLIES ARE VALUED AT FAIR MARKET VALUE. PHARMACEUTICALS ARE VALUED AT FEDERAL AND STATE MEDICARE & MEDICAID PRICES SET FORTH BY THE CENTER FOR MEDICARE AND MEDICAID SERVICES (CMS) AND THE WEST VIRGINIA STATE MAXIMUM ALLOWABLE COST (WV SMAC). X X X 0 0 0 0 0 0 0 1 0 OZZY A SAMAD PRESIDENT 164178 0 15000 0 0 0 13787 0 2085 0 195050 0 0 0 PART I, LINE 7 BONUS AWARDS ARE RELATED TO INDIVIDUAL PERFORMANCE AND ARE DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. X 1118071 FAIR MARKET VALUE X 523 92358516 FAIR MARKET VALUE X HUMANITARIAN 29 1119092 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER SHOWN IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS FOR EACH TYPE OF PROPERTY FOR THE YEAR ENDED DECEMBER 31, 2023. LINE 25 - THE FOUNDATION RECEIVED HUMANITARIAN SUPPLIES TOTALING $1,119,092 DURING 2023. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL PROCURE AND EVALUATE RELEVANT INFORMATION AND MAKE RECOMMENDATIONS TO THE BOARD REGARDING PERSONNEL, COMPENSATION, DISCIPLINARY MATTERS, ACTIVITIES OF TRUSTEES, OPERATIONAL POLICIES AND OTHER MATTERS THAT DO NOT FALL UNDER THE PURVIEW OF ANY OTHER COMMITTEE OF THE BOARD OF TRUSTEES OF THE CORPORATION. THE EXECUTIVE COMMITTEE MAY ALSO REVIEW AND EVALUATE RECOMMENDATIONS OF OTHER COMMITTEES OF THE BOARD OF TRUSTEES AND SHALL MAKE RECOMMENDATIONS REGARDING SAME TO THE BOARD. THIS PROVISION IN NO WAY PRECLUDES OR LIMITS THE RIGHT AND OBLIGATION OF COMMITTEES OF THE BOARD TO REPORT AND SUBMIT RECOMMENDATIONS DIRECTLY TO THE BOARD. THE BOARD OF TRUSTEES MAY, AT ANY TIME, DELEGATE TO THE EXECUTIVE COMMITTEE ITS AUTHORITY TO ACT ON ANY SPECIFIC MATTER WHERE URGENCY AND/OR TIME LIMITATIONS NECESSITATE ACTION DURING INTERVALS BETWEEN MEETINGS OF THE BOARD. ANY SUCH LIMITED DELEGATION OF AUTHORITY SHALL EXPIRE AND REQUIRE RENEWAL, IF APPROPRIATE, AT THE COMMENCEMENT OF THE NEXT MEETING OF THE FULL BOARD. THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWER AND AUTHORITY TO FILL VACANCIES ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE COO/CFO, PRESIDENT, APPROPRIATE STAFF AND TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL EMPLOYEES, FOUNDATION OFFICERS AND TRUSTEES. POTENTIAL CONFLICTS OF INTEREST INVOLVING A TRUSTEE OR FOUNDATION OFFICER SHALL BE DISCLOSED DIRECTLY TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WHICH SHALL DETERMINE IF A CONFLICT EXISTS. IF THE EXECUTIVE COMMITTEE DETERMINES THAT CONFLICT EXISTS, IT SHALL REFER THE MATTER TO THE FULL BOARD OF TRUSTEES FOR EXAMINATION. POTENTIAL CONFLICTS OF INTEREST INVOLVING EMPLOYEES SHOULD BE DISCLOSED TO THEIR SUPERVISOR OR THE PRESIDENT. THE MINUTES OF MEETINGS OF THE EXECUTIVE COMMITTEE WITH BOARD-DELEGATED POWERS SHALL CONTAIN THE NAMES OF THE PERSONS WHO DISCLOSED OR WERE FOUND TO HAVE A CONFLICT OF INTEREST. IF A CONFLICT EXISTS THE EXECUTIVE COMMITTEE SHALL DETERMINE WHETHER THE FOUNDATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DETERMINES COMPENSATION FOR INDIVIDUALS BASED ON A COMPENSATION SURVEY OR STUDY, FORM 990 OF OTHER ORGANIZATIONS, AND IS APPROVED BY THE ORGANIZATION'S BOARD OR COMPENSATION COMMITTEE. THIS PROCESS IS DOCUMENTED IN THE MINUTES OF THE EXECUTIVE COMMITTEE MEETING. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE POSTED ON BROTHER'S BROTHER FOUNDATION'S WEBSITE. THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C, FINANCIAL STATEMENTS AND REPORTING: THE AUDIT COMMITTEE MEETS ON A REGULAR BASIS TO MONITOR THE FINANCIAL REPORTS OF THE ORGANIZATION. THE AUDIT COMMITTEE REVIEWS THE WORK OF THE AUDIT FIRM AND CHOOSES AUDIT FIRMS AFTER CAREFUL CONSIDERATION. THE AUDIT COMMITTEE REVIEWS AND APPROVES THE COMPLETED DRAFT REPORT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.