Baa Educational Foundation Inc

“The close of business on june 30, 2014, the assets of baa , including the foundation assets, were acquired in an asset purchase agreement between baa, the foundation and the association of national advertisers, inc. ("ana"). All right title and interest of baa in and to rights assets and property, including the foundation assets, were transferred at this time to ana. Pursuant to the terms and conditions of the asset purchase agreement, ana agreed to pay perform and discharge all of baa's liabilities and obligations. Upon closing, ana became the sole member of the foundation and will continue to fund and operate it as a 501 (c) 3 with charitable purposes. In addition, baa forgave all receivable balances from the foundation totaling $766,928 prior to the june 30 transaction above.”

“Brand activation association, inc. Is the sole member of the organization.”

“The first board of directors shall be elected by the incorporator or incorporators and shall hold office until their successors are elected and qualified or until their earlier resignation or removal. Any director may resign at any time upon written notice to the corporation. Thereafter, directors who are to be elected at an annual meeting of the foundation shall be elected in accordance with the requirement of the general corporation law of delaware as amended and directors who are to be elected in the interim between annual meetings or at special meetings of the board called for the election of directors and/or for the removal of one or more directors and for the filling of any vacancy in that connection, newly created directorships and any vacancies resulting from the removal of directors for cause or without cause which have not been filled, may be elected and/or filled by the vote of the member, or a majority of the remaining directors then in office, although less than a quorum, or by the sole remaining director.”

“Baa educational foundation, inc. Does not have any committees.”

“A copy of the organization's final form 990 (including all schedules) is provided to the baaef officers and directors for review and discussion prior to filing.”

“We review the results during the course of the year and take necessary actions if appropriate. Conflict of interest statement is required to be signed on an annual basis.”

“Audited financial statements are filed with d&b. Form 990 is available on guidestar.org”

“Forgiveness of due to brand activation association 766,928.”