Pearl S Buck International Inc

“Monitoring: the president & ceo shall ensure the enforcement of all conservation easements on the grounds of pearl s. Buck international. To ensure compliance with the conservation easement(s), an annual inspection of the property shall be made. Inspection: to undertake the annual assessment, a task force, comprised of no less than three (3) people, will be identified by the president & ceo. The task force members shall make an onsite visit of the property and be supplied with a copy of all conservation easement(s) on the property. A task force chairperson will be identified by the president & ceo who will be charged with compiling information from members of the task force after the onsite inspection. The chairperson shall then complete a conservation inspection report and submit it to the president & ceo thirty days before the end of the fiscal year. The president & ceo will report to the board of directors a summary of the report. Enforcement: if the annual inspection concludes that the restrictions imposed by the conservation easement have been violated, the president & ceo will prepare a remediation plan that will bring the property into compliance with the conservation easement within thirty (30) days for the board of director's approval. Follow-up: completed inspection reports shall be maintained in a file for future reference with the easement(s) original documentations report. The task force shall receive a copy of the report completed by the chairperson. The president & ceo will provide a complete report of remediation if the conservation is in violation to the board of directors and the task force.”

“Pearl s. Buck international holds a conservation easement on the pearl s. Buck house as a requirement of the save america's treasures and the pennsylvania historic & museum commission keystone grant for 50 years beginning in 2007. In december 2009, settlement of a conservation easement with the county of bucks occurred on the 67.074 acres of land owned by pearl s. Buck international inc.”

“Collections acquired either through purchase or donation are not capitalized. Purchases of collection items are recorded as decreases in unrestricted net assets if purchased with unrestricted assets and as decreases in temporarily restricted or permanently restricted net assets if purchased with donor-restricted assets. Contributions of collection items are not recognized in the statement of activities. Proceeds from deaccessions or insurance recoveries are reflected on the statement of activities based on the absence or existence and nature of donor-imposed restrictions. Donations and acquisitions of collections are not required to be recognized since they are added to collections that are held for public exhibition and education in furtherance of public service rather than financial gain; are protected, kept unencumbered, cared for, and preserved; and are subject to a policy that requires the proceeds from the sale of collection items to be used to acquire other items for collections.”

“Collections consist of historical artifacts.”

“The intended uses of the organization's endowment funds are to support the operations of the pearl s. Buck house and to support two children in the philippines.”