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        <FormAndLineReferenceDesc>PART V, LINE 4:</FormAndLineReferenceDesc>
        <ExplanationTxt>TO SUPPORT THE MISSION OF THE COLORADO SPRINGS PIONEERS MUSEUM TO BUILD A LASTING CONNECTION TO THE PIKES PEAK REGION BY PRESERVING AND SHARING OUR CULTURAL HISTORY.</ExplanationTxt>
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        <ExplanationTxt>THE FOUNDATION'S SOLE PURPOSE IS TO PROVIDE GENERAL SUPPORT FOR THE COLORADO SPRINGS PIONEERS MUSEUM. THE FOUNDATION'S BOARD OF TRUSTEES REGULARLY COMMUNICATES AND COLLABORATES WITH THE MUSEUM DIRECTOR ON OPERATIONS AND BUDGETS.</ExplanationTxt>
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        <ExplanationTxt>FORM 990 IS PRESENTED AT A MEETING OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FOUNDATION FOLLOWS THE COLORADO SPRINGS PIONEERS MUSEUM CONFLICT OF INTEREST POLICY, WHICH COVERS ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS. SUCH INDIVIDUALS ARE REQUIRED TO SIGN AN ANNUAL STATEMENT WHICH AFFIRMS THAT THEY HAVE RECEIVED A COPY OF THE POLICY, READ AND UNDERSTAND THE POLICY, AGREE TO COMPLY WITH THE POLICY, AND UNDERSTAND THAT THE CSPM IS CHARITABLE AND MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE INDIVIDUAL IN QUESTION MAY MAKE A PRESENTATION TO THE BOARD DISCLOSING ALL MATERIAL FACTS. AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. RECORDS OF PROCEEDINGS ARE KEPT IN THE MEETING MINUTES.</ExplanationTxt>
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