Clf Ventures Inc.

“The organization is a supporting organization of the conservation law foundaiton, inc., which is its sole member.”

“The organization's sole member, the conservation law foundation, inc., elects its board of directors, which is its governing body.”

“Prior to filing with the internal revenue service, members of the organization's management and the finance committee of the board of trustees of the organization's sole member, conservation law foundation, inc., review the form 990 before it is submitted to the full board for review.”

“Conflict of interest disclosure forms are required to be completed annually. Transactions potentially involving conflicts of interest are identified by management and given special attention by counsel. Any individuals with a conflict are prohibited from participating in the deliberation and resolution of the conflict.”

“The compensation of the ceo of the organization is determined by the president of the organization's sole member, the conservation law foundation, inc., based on performance, available comparability data and other factors, as appropriate. This is documented annually as part of the performance evaluation process.”

“The organization makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request.”

“The organization makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request.”

“Clf ventures develops and delivers solutions to environmental problems through market-based initiatives. We navigate complex technological and environmental problems involving a diversity of stakeholders, where good process is critical and significant values are at stake. Clf ventures works with coroporate, government, and non-profit clients to: - inovate: we help entrepreneurs bring transformative, clean technologies and game-changing products to market. - incubate: we cultivate new business models that create shared value and improve the environment. - integrate: we help new and existing facilities integrate their operations with sound environmental principles. - initiate: we create vehicles and opportunities that propel investment models toward the triple bottom line. We help our clients: - develop strategies for managing risks in dynamic operating environments - craft clear communications to explain complex and/or technical information and processes - gain insight into external stakeholder concerns and implement strategies to improve stakeholder relationships - advance products and projects with triple-bottom-line benefits - launch new projects or re-position old assets - evaluate and identify ways to improve environmental performance”

“There have been no changes from the prior year in the methods used by the committee responsible for oversight of the audit of the financial statements and selection of an independent accountant.”