Global Corporate College

“Global corporate college delegates the sales and contract management function to a management company. The gcc board of directors manages and oversees the member colleges in providing education, training, and consulting services to gcc clients.”

“Global corporate college membership consists of community colleges located throughout the united states.”

“Gcc bylaws state that the number of directors shall be not more than fourteen and shall consist of one representative appointed or designated by each of the founding members and up to three directors representing the associate members, nominated by the executive committee and approved by the board. Each of the founding members shall propose its director to the executive committee which shall approve each director by a 75% majority vote of the executive committee. The directors shall hold office for a term of three years expiring at the annual meeting of the members held in the third year following the year of their election. The directors shall hold office until their successors are elected and qualified.”

“The annual meeting of members of gcc shall be held each year at such time and place as the executive committee shall determine for the purpose of receiving reports, amending the code of regulations or bylaws, and conducting other business which may be brought forward by the board.”

“Prior to filing form 990, a copy of the completed form will be sent to the board of directors for their review and comment.”

“The gcc code of regulations and conflict of interest policy states that no member shall maintain financial interests which conflict with those of gcc. In addition, any member, director, officer, gcc staff member or committee member having an interest in a contract or other transaction presented to the board of directors or a committee thereof for authorization, approval, or ratification shall give prompt, full, and frank disclosure of his or her interest to the board or committee prior to its acting on such contract or transaction. The body to which such disclosure is made shall thereupon determine, by majority vote, whether the disclosure shows that a conflict of interest exists or can reasonably be construed to exist. If a conflict is deemed to exist, such person shall not vote on, nor use his or her personal influence on, nor participate (other than to present factual information or to respond to questions) in the discussions or deliberation with respect to such contract or transaction. Such person may not be counted in determining the existence of a quorum at any meeting where the contract or transaction is under discussion or is being voted upon. The minutes of the meeting shall reflect the disclosure made, the vote thereon, and, where applicable, the abstention from voting and participation, and whether a quorum was present. Each director shall annually, as a condition of serving as a director, sign and acknowledge gcc's conflict of interest policy statement. Each board member, director, principle officer, and member of committee with governing board delegated powers shall annually sign a statement which affirms such person has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes.”

“Global corporate college maintains a secured website where member colleges can access the code of regulations, policies (including conflict of interest policy), annual reports, and other documents. These documents will also be made available to the public upon request.”