2024-11-14T18:23:06-06:00 2023-12-31 910189318 MOSS ADAMS LLP 21700 OXNARD ST STE 300 WOODLAND HILLS CA 91367 990 2023-01-01 954485698 ARMENIA FUND INC ARME 8182436222 400 N BRAND BLVD STE 920 GLENDALE CA 91203 MARIA MEHRANIAN CHAIR 8182436222 2024-11-13 1 0 LAUREN A HAVERLOCK P00545829 8185771900 2023 2024-10-15 13:58:12Z X MARIA MEHRANIAN 400 N BRAND BLVD STE 920 GLENDALE CA 91203 19124451 0 X WWW.ARMENIAFUND.ORG X 1994 CA SUPPORT THE PEOPLE OF ARMENIA. 12 12 2 350 0 0 1455753 1493217 0 0 5704 -1015378 0 0 1461457 477839 0 0 0 0 209507 233087 0 0 913804 9921961 14656403 10131468 14889490 -8670011 -14411651 52336741 44802290 33296 78788 52303445 44723502 X SUPPORT THE PEOPLE OF ARMENIA. 0 0 11532047 0 0 CONSTRUCTION AND INFRASTRUCTURE PROJECTSFUNDING AND IMPLEMENTATION MANAGEMENT FOR CONSTRUCTION IN THE FOLLOWING AREAS:(I)ARTSAKH $7,837,950CONTINUED REHABILITATION AND REPAIR OF EXISTING HOUSING, CONSTRUCTION OF NEW MULTI-FAMILY AND SINGLE-FAMILY HOUSING UNITS FOR INTERNALLY DISPLACED PERSONS (IDP), MULTIPLE HOUSING, SINGLE AND MULTI-FAMILY PROJECTS IN STEPANAKERT, ASKERAN; FOLLOWING THE 2020 WAR AND THE DISPLACEMENT OF THOUSANDS OF FAMILIES FROM THEIR HOMES IN ARTSAKH (DUE TO DAMAGE/DESTRUCTION OF THEIR HOMES OR FORCED EVACUATION FROM OCCUPIED AREAS), ARMENIA FUND EMBARKED ON A ROBUST PROGRAM OF HOUSING CONSTRUCTION IN SAFER AND RELATIVELY PROTECTED AREAS OF ARTSAKH TO ACCOMMODATE THE DISPLACED FAMILIES.(II)GYUMRI HOUSING CONSTRUCTION $3,292,549A MULTI-YEAR, PHASED HOUSING CONSTRUCTION PROJECT IN THE CITY OF GYUMRI TO RELOCATE FAMILIES WHO, FOLLOWING THE 1988 EARTHQUAKE, HAVE LIVED IN INADEQUATE CONDITIONS, TO PERMANENT HOUSING. TWO BUILDINGS OF 15-UNITS WILL ALSO HOUSE FAMILIES OF LOST AND INJURED SERVICE MEMBERS OF THE 44-DAY WAR. GYUMRI 2ND PHASE HOUSING PROJECT TO HOUSE THE VICTIMS OF THE EARTHQUAKE AND FALLEN AND INJURED SOLDIERS OF THE 2020 WAR IN THE CITY OF GYUMRI, ARMENIA.(III)NERKIN KHNDZORESK $290,197: CONSTRUCTION OF SIX HOUSES FOR DISPLACED REFUGEES FROM ARTSAKH. (IV)NOYEMBERYAN MEDICAL CENTER $111,351:FUNDED THE COMPLETE RENOVATION AND RECONSTRUCTION OF THE INFECTIONS DEPARTMENT OF THE NOYEMBERYAN MEDICAL CENTER LOCATED IN THE TAVUSH REGION OF ARMENIA. MERE KILOMETERS FROM THE BORDER, THE NOYEMBERYAN MEDICAL CENTER IS A VITAL CENTER FOR WOUNDED SERVICEMEN TO RECEIVE IMMEDIATE TREATMENT. THIS PHASE OF THE PROJECT INCLUDED UPGRADES TO THE EARTHQUAKE RESISTANCE OF THE BUILDING, REPLACING THE ASBESTOS SLATE ROOF TO METAL, BUILDING A NEW FOUNDATION FOR THE BUILDING, INSTALLING HEATING THROUGHOUT THE BUILDING, REBUILDING THE INTERNAL SEWAGE SYSTEM OF THE BUILDING, AND UPGRADING THE ELECTRICAL INFRASTRUCTURE OF THE CENTER. 915909 0 0 ARTSAKH REFUGEE INITIATIVE URGENT HUMANITARIAN AIDIN SEPTEMBER 2023, AFTER IMPOSING A BLOCKADE FOR AN ENTIRE YEAR, THE MILITARY OF AZERBAIJAN BEGAN USING EXCESSIVE FORCE TO COMPLETE THEIR ETHNIC CLEANSING OF THE REGION OF ARTSAKH. AS A RESULT, 120,000 ARMENIANS LIVING IN ARTSAKH WERE FORCIBLY DISPLACED FROM THEIR HOMES AND ENTERED ARMENIA PROPER AS REFUGEES, MAKING IT THE LARGEST AND MOST RAPID INFLUX OF REFUGEES IN THE HISTORY OF ARMENIA. THIS BROUGHT MANY HUMANITARIAN AND CIVILIAN CHALLENGES FOR A COUNTRY THE SIZE OF ARMENIA, AND WITH THE WINTER RIGHT AROUND THE CORNER, ARMENIA FUND, INC. LAUNCHED THE ARTSAKH REFUGEE INITIATIVE PROGRAM. AN INDEPENDENT NEEDS ASSESSMENT WAS CONDUCTED BY ARMENIA FUND, INC. AND THE FRAMEWORK OF A SHORT, MID, AND LONG TERM PLAN WAS SET INTO MOTION. THE FOLLOWING REPRESENT THE SHORT AND MID TERM INITIATIVES THAT HAVE ALREADY BEEN IMPLEMENTED: (I) $792, 163: IN THE SHORT TERM, IMMEDIATE HUMANITARIAN RELIEF WAS PRIORITIZED. THE FUND ACQUIRED AND SENT VITAL MEDICINES AND MEDICAL EQUIPMENTS TO TREAT THOSE WHO FACED LIFE THREATENING INJURIES AS THE RESULT OF A GAS STATION EXPLOSION IN ARTSAKH. ADDITIONALLY, BY WORKING WITH RED CROSS ARMENIA, ARMENIA FUND, INC. PURCHASED AND DISTRIBUTED BEDS, HEATERS, AND HYGIENE KITS TO REFUGEES WHO SETTLED IN REMOTE VILLAGE COMMUNITIES. ARMENIA FUND ALSO COLLABORATED WITH A NUMBER OF SMALLER NON PROFIT ORGANIZATIONS THAT SERVED SPECIFIC AREAS OF HIGH REFUGEE SETTLEMENT TO PROVIDE THOSE IN NEED WITH EVERYDAY APPLIANCES AND HOUSEHOLD GOODS SUCH AS STOVES, REFRIGERATORS, CHAIRS, HEATERS, WARDROBES, AND OTHER SUCH GOODS.(II) $80,000: IN THE MID TERM, THE FUND PRIORITIZED PSYCHOLOGICAL ASSISTANCE AND SOCIAL REINTEGRATION PROGRAMS FOR REFUGEES WHO HAVE EXPERIENCED INTENSE TRAUMA. IN COLLABORATION WITH "WORLD VISION ARMENIA," THE FUND IMPLEMENTED AN ONGOING PROGRAM IN THE REGIONS OF TAVUSH, ARAGATSOTN, AND SYUNIK, WHERE A HIGH CONCENTRATION OF REFUGEES SETTLED. THE PROGRAM IS A COMPREHENSIVE PSYCHOSOCIAL TREATMENT SOLUTION FOR CHILDREN AND FAMILIES. UP TO 150 CHILDREN PARTICIPATE IN WORLD VISION'S "CHILD FRIENDLY SPACES AND SUMMER CAMP PROGRAMS, WHERE TRAINED PROFESSIONAL CHILD PSYCHOLOGISTS INTRODUCE THE CHILDREN TO CONCEPTS AND TOOL FOR SELF-SOOTHING AND DEALING WITH OVERWHELMING EMOTIONS.(III) $43,746: THE REMAINING AMOUNT INCLUDES TRAVEL EXPENSES FOR ARMENIA FUND STAFF AND CONSULTANT FEES. 400000 0 0 EXTREMELY POOR EMPLOYEE ASSISTANCE IS A COLLABORATIVE PROJECT WITH THE WESTERN DIOCESE OF ARMENIAN CHURCH TO PROVIDE DIRECT ASSISTANCE, HOUSING, HEALTH CARE AND SOCIAL SERVICES TO EXTREMELY POOR EMPLOYEES OF THE WESTERN DIOCESE IN REMOTE VILLAGES. 866347 0 0 1. PAN-ARMENIAN GAMES - $250,000THE PAN-ARMENIAN GAMES ARE A MULTI-SPORT EVENT HELD EVERY FOUR YEARS IN ARMENIA IN WHICH ATHLETES FROM ARMENIA AND VARIOUS ARMENIAN DIASPORAS AROUND THE WORLD COME TOGETHER TO COMPETE AGAINST ONE ANOTHER IN VARIOUS INDIVIDUAL AND TEAM SPORTS. FOR THE 2023 EDITION OF THE GAMES, ARMENIA FUND, INC. SUPPORTED THE COMPETITION BY FUNDING THE ORGANIZATIONAL INFRASTRUCTURE OF THE EVENT: RENTING THE SPORTS VENUE, FUNDING TRANSPORTATION COSTS, INSTALLATION OF THE SET AND SET DESIGN, PROVIDING NECESSARY FACILITIES FOR THE ATHLETES, AND OTHER SUCH LOGISTICAL EXPENDITURES.2. JOSEPH AND ALYCE DORIAN FOUNDATION IN GYUMRI - $201,715ARMENIA FUND, INC. IN COLLABORATION WITH THE JOSEPH AND ALYCE DORIAN FOUNDATION ACQUIRED AND IS REHABILITATING A BUILDING LOCATED IN GYUMRI WHICH WILL PROVIDE SERVICES IN HEALTH AND EDUCATION FOR THE REGION.3. DAY CARE CENTER FOR MENTALLY HANDICAPPED ADULTS - $60,000IN THIS PROGRAM, ARMENIA FUND, INC. SUPPORTED THE OPERATIONS AND EXPANSION OF A DAY CARE CENTER, "WAY TO HAPPINESS NGO," WHICH SERVES ADULTS AGES 18-64 WHO ARE LIVING WITH AUTISM AND OTHER MENTAL HANDICAPS. THE BENEFICIARIES RESIDE IN THE CENTER, WHERE THEY ALSO RECEIVE PROFESSIONAL CARE AND COGNITIVE EXERCISES. THE GOAL OF THE PROJECT IS TO GIVE THESE INDIVIDUALS THE SKILLS AND TOOLS TO ESTABLISH THEIR OWN INDEPENDENCE AND SELF-SUFFICIENCY THROUGH PRACTICAL SKILLS SUCH AS COOKING, GARDENING, AND AND ARTS. 4. ARMENIAN CULTURAL ADVANCEMENT PROGRAM - $50,000THIS PROGRAM PROVIDES SUPPORT FOR AND PROMOTES ARMENIAN ART AND CULTURE. IN 2023, ARMENIAN-AMERICAN FILMMAKER MICHAEL GOORJIAN'S FEATURE FILM "AMERIKATSI" WAS ARMENIA'S OFFICIAL ENTRY TO THE ACADEMY AWARDS FOR THE CATEGORY "BEST INTERNATIONAL FEATURE FILM." THE ARMENIA FUND, INC. BOARD OF DIRECTORS VOTED TO SUPPORT THE FILM IN ITS RACE TO BE NOMINATED FOR THE AWARD BY FUNDING THE SCREENING OF THE FILM AT THE ROSS HOUSE THEATER LOCATED ON THE WARNER BROS. LOT IN LOS ANGELES, CA. THE SCREENING WAS HELD WITH MEMBERS OF THE ACADEMY AND ACADEMY VOTERS IN ATTENDANCE. OUT OF THE 88 INTERNATIONAL FILM SUBMISSION IN 2023, "AMERIKATSI" WAS INCLUDED IN THE FINAL, 15-FILM SHORTLIST, MAKING IT THE CLOSEST THE COUNTRY OF ARMENIA HAS EVER BEEN IN ACHIEVING AN OSCAR NOMINATION FOR A FILM.5. UPGRADES TO THE NATIONAL POLYTECHNIC UNIVERSITY OF ARMENIA - $50,000IN THIS PROGRAM, ARMENIA FUND, INC. FUNDED THE RENOVATION OF A WING OF THE NATIONAL POLYTECHNIC UNIVERSITY OF ARMENIA. ONE GRAND AUDITORIUM/ LECTURE HALL WAS FULLY RENOVATED AND MODERNIZED TO ALIGN WITH MORE 21ST CENTURY STANDARDS OF UNIVERSITY EDUCATION. IN ADDITION TO RENOVATING THE HALL, THE FUND ALSO UPGRADED THE EQUIPMENT AND TECHNOLOGY OF THE FACILITIES TO FURTHER ADVANCE THE SCIENTIFIC RESEARCH PROGRAMS OF THE UNIVERSITY AND GIVE STUDENTS ACCESS TO STATE-OF-THE-ART TOOLS FOR THEIR EDUCATION.6. "SUN" CHILDREN CENTER - $25,000ARMENIA FUND, INC. PROVIDES SUPPORT TO THE "SUN CHILDREN" CENTER BASED IN YEREVAN. THE CENTER IS ONE OF THE FEW YEAR-ROUND, FREE OF CHARGE, PROFESSIONAL CARE CENTERS FOR CHILDREN WITH DOWN SYNDROME IN ARMENIA. AROUND EIGHTY CHILDREN LIVING WITH DOWN SYNDROME RECEIVE THE FOLLOWING TREATMENTS AND SERVICES AT THE CENTER: PHYSICAL THERAPY, PLAY THERAPY, PSYCHOTHERAPY, OCCUPATIONAL THERAPY, AND SPEECH THERAPY, ALL FROM LICENSED THERAPISTS. THE CENTER ALSO ORGANIZES RECITALS AND VARIETY SHOWS, IN WHICH THE CHILDREN ARE ABLE TO EXPRESS THEIR CREATIVITY AND FORM MEANINGFUL CONNECTIONS. 7. DISABLED VETERANS PROGRAM - $24,050A CONTINUING PROGRAM OF ASSISTANCE TO DISABLED VETERANS AND THEIR FAMILIES - AID TO THE INJURED VETERANS OF THE 44-DAY WAR AND THEIR FAMILIES, INCLUDING EDUCATIONAL PROGRAMS AND OTHER SOCIAL SERVICES TO SUPPORT FAMILIES IN NEED.8. PARALYMPIC CYCLING ARMENIA - $15,185FOLLOWING THE 2020 ARTSAKH WAR, MANY WOUNDED SERVICEMEN WERE LEFT WITHOUT THE USE OF THEIR LIMBS. ARMENIA FUND, INC. AND LOCAL BICYCLE SHOP VELO PASADENA COLLABORATED ONCE AGAIN ON ANOTHER PROJECT TO PROMOTE ATHLETIC ADVANCEMENT FOR THOSE WHO FACED THIS DISADVANTAGE. ARMENIA FUND, INC. PROVIDED NEW BICYCLES AND CYCLING EQUIPMENTS TO ENHANCE AND UPGRADE THE STANDARDS OF TRAINING FOR THE ARMENIAN PARALYMPIC CYCLING TEAM.9. UPGRADES TO THE NATIONAL ART UNIVERSITY OF ARMENIA - $15,000THIS PROGRAM FUNDED THE PURCHASE OF ESSENTIAL EQUIPMENT AND ART SUPPLIES TO KEEP THE UNIVERSITY OPERATIONS RUNNING SMOOTHLY AND TO A HIGH STANDARD.10. PSYCHOLOGICAL SUPPORT PROGRAM FOR COMMUNITIES IN TAVUSH - $14,000IN COLLABORATION WITH NONPROFIT ORGANIZATION "TEGH FOUNDATION FOR PSYCHOLOGICAL & CULTURAL CONNECTION," ARMENIA FUND, INC. IMPLEMENTED A PROGRAM TO PROVIDE PSYCHOLOGICAL AID TO ADOLESCENTS AND ADULTS LIVING IN THE REMOTE, BORDER COMMUNITIES OF THE TAVUSH REGION OF ARMENIA. THE PROGRAM PROVIDES CRISIS INTERVENTION AND COMMUNITY REINTEGRATION PROGRAMS FOR CHILDREN, TEENAGERS, AND WOMEN WHO HAVE EXPERIENCED IMMENSE TRAUMA AS A RESULT OF THE 44-DAY WAR OF 2020. THE PROGRAM ALSO EXPANDED TO PROVIDE SIMILAR AID TO THE REFUGEES WHO ARRIVED TO TAVUSH FROM ARTSAKH AS A RESULT OF FORCED DISPLACEMENT FROM THEIR HOMES IN SEPTEMBER 2023. 11. "MICHEL ODENT MOTHER CENTER" NGO - $10,000ARMENIA FUND, INC., IN COLLABORATION WITH THE "MICHEL ODENT MOTHER CENTER NGO" PROVIDES BIRTH AND POSTPARTUM SERVICES FOR MOTHERS IN RURAL AREAS OF ARMENIA AND SERVED AREAS OF ARTSAKH AS WELL. THE CENTER PROVIDES VITAL SERVICES FOR NEW MOTHERS OR MOTHERS-TO-BE, INCLUDING CHILDBIRTH PREPARATION CLASSES AND BIRTH AND POSTPARTUM DOULA SERVICES, IN ADDITION TO PROVIDING HOLISTIC EDUCATION AND TRAINING SERVICES TO BIRTH WORKERS. 866347 0 0 13714303 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X ARMENIA FUND INC 8182436222 400 N BRAND BLVD STE 920 GLENDALE CA 91203 X MARIA MEHRANIAN CHAIRPERSON 20.00 X X 0 0 0 SEDA YAGHOUBIAN TREASURER 8.00 X X 0 0 0 ARA MOVSESSIAN SECRETARY 4.00 X X 0 0 0 ABP HOVNAN DERDERIAN DIRECTOR 2.00 X 0 0 0 AVEDIK IZMIRLIAN DIRECTOR 2.00 X 0 0 0 BISHOP MIKAEL MOURADIAN DIRECTOR 2.00 X 0 0 0 BISHOP TORKOM DONOYAN DIRECTOR 2.00 X 0 0 0 MIHRAN KHACHADURIAN DIRECTOR 2.00 X 0 0 0 RAFFI BALIAN DIRECTOR 2.00 X 0 0 0 REVEREND HENDRIK SHAHNAZARIAN DIRECTOR 2.00 X 0 0 0 SILVA POLADIAN DIRECTOR 2.00 X 0 0 0 TALIN YACOUBIAN DIRECTOR 2.00 X 0 0 0 MIHRAN TOUMAJAN DIRECTOR (THRU 04/2023) 2.00 X 0 0 0 AZATUI KARAOGLANYAN EXECUTIVE DIRECTOR 40.00 X 120000 0 5670 120000 0 5670 1 0 0 0 0 1493217 1493217 1186311 1186311 16444923 18646612 -2201689 -2201689 -2201689 477839 0 0 -1015378 205067 59469 43064 102534 10990 3187 2308 5495 17030 4939 3576 8515 1128 1128 64648 64648 133554 133554 174492 174492 93322 93322 4182 2091 2091 24780 24780 46776 46776 83800 83800 8002 8002 PROJECT FUNDING 13562908 13562908 TELETHON CAMPAIGN 141960 141960 OTHER FUNDRAISING ACTIV 80866 80866 TELETHON PRODUCTION 64483 64483 171502 4140 167362 14889490 13714303 261383 913804 5229476 1551310 18659 18659 0 0 47107265 43250980 52336741 44802290 33296 78788 33296 78788 X 51678459 44405801 624986 317701 52303445 44723502 52336741 44802290 -14411651 6831708 0 X 0 1 X 1 0 X 1817976 129613114 7438183 1455753 1493217 141818243 1817976 129613114 7438183 1455753 1493217 141818243 105599 141712644 1484 1968 623763 1088280 1186311 2901806 144720049 0.97920 0.98680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18659 18659 0 0 X 7175993 6831708 6831708 344285 133554 133554 477839 14755936 0 14755936 133554 133554 14889490 PART X, LINE 2: THE FUND IS EXEMPT FROM FEDERAL INCOME AND CALIFORNIA FRANCHISE TAXES UNDER INTERNAL REVENUE CODE IRC) SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D, RESPECTIVELY. UNRELATED BUSINESS INCOME TAX, IF ANY, IS INSIGNIFICANT, AND NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FUND HAD NO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2023. 1 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES SOCIAL, HOUSING/CONSTRUCTION, EMERGENCY HUMANITARIAN AID 13562908 0 0 0 0 0 0 13562908 0 13562908 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION'S MAIN IMPLEMENTING AGENCY IN ARMENIA IS HAYASTAN ALL ARMENIAN FUND (HAAF). HAAF IS LOCATED IN THE REPUBLIC OF ARMENIA AND FACILITATES HUMANITARIAN ASSISTANCE TO ARMENIA AND THE PEOPLE OF ARTSAKH THROUGH THE FINANCIAL SUPPORT OF THE WORLDWIDE ARMENIAN COMMUNITIES. HAAF IS A REGISTERED HUMANITARIAN CHARITY ORGANIZATION AND REMAINS INDEPENDENT OF THE ORGANIZATION. THE ORGANIZATION'S DIRECTORS & EMPLOYEES VISIT THE PROJECTS AND MEET WITH BENEFICIARIES TO DETERMINE GRANTS WERE USED AS INTENDED. DONORS HAVE ALSO VISITED THE PROJECTS IN ORDER TO DETERMINE IF FUNDING WAS USED AS INTENDED, AND TO DETERMINE IF THERE ARE ANY ADDITIONAL NEEDS. SEE FORM 990 PART IX LINE 24A COLUMN B PROJECT FUNDING (PROGRAM SERVICE EXPENSE). PART I, LINE 3: ACCOUNTING METHOD: ACCRUAL FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS TWO TYPES OF DIRECTORS WHO HAVE IDENTICAL RIGHTS AND DUTIES: REPRESENTATIVE DIRECTORS AND APPOINTED DIRECTORS. REPRESENTATIVE DIRECTORS ARE APPOINTED BY THE FOLLOWING ORGANIZATIONS: THE WESTERN DIOCESE OF THE ARMENIAN CHURCH OF NORTH AMERICA, THE WESTERN PRELACY OF THE ARMENIAN APOSTOLIC CHURCH OF AMERICA, THE ARMENIAN EVANGELICAL UNION OF NORTH AMERICA, THE ARMENIAN CATHOLIC EXARCHATE IN NORTH AMERICA, NOR SEROUNT CULTURAL ASSOCIATION, TEKEYAN CULTURAL ASSOCIATION, ARMENIAN CULTURAL FOUNDATION, ARMENIAN GENERAL BENEVOLENT UNION, ARMENIAN RELIEF SOCIETY AND ARMENIAN ASSEMBLY OF AMERICA. APPOINTED DIRECTORS ARE APPOINTED BY THE BOARD OF DIRECTORS. ADDITIONALLY, THE CHAIRPERSON OF THE BOARD OF DIRECTORS HAS THE RIGHT TO APPOINT A MAXIMUM OF FOUR DIRECTORS OF HIS OR HER CHOOSING. FORM 990, PART VI, SECTION B, LINE 11B ALL BOARD MEMBERS REVIEWED THE FORM 990 AND APPROVED ITS SUBMISSION AT ITS CORPORATE BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ENSURES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH REGULAR MONITORING OF ALL TRANSACTIONS THAT THE ORGANIZATION UNDERTAKES. THE POLICY COVERS ALL BOARD MEMBERS WHO RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY AND AGREE TO COMPLY WITH THE POLICY. 1. DUTY TO DISCLOSE - IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS. 2. RECUSAL OF SELF - ANY DIRECTOR MAY RECUSE HIMSELF OR HERSELF AT ANY TIME FROM INVOLVEMENT IN ANY DECISION OR DISCUSSION IN WHICH THE DIRECTOR BELIEVES HE OR SHE HAS OR MAY HAVE A CONFLICT OF INTEREST, WITHOUT GOING THROUGH THE PROCESS FOR DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS. 3. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS - AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OF DIRECTORS MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION C, LINE 19 DISCLOSURE IS PROVIDED UPON REQUEST TO THE ORGANIZATION.