Bcl Foundation Inc.

“During 2015 the organization amended their articles of incorporation and bylaws. The purposes of the organization were changed to indicate that the organization shall be operated exclusively for the benefit and support of the greater green bay community foundation, inc. In support of the greater green bay community foundation, inc. The organization shall receive and maintain a fund or funds of real or personal property, or both, and use and apply the principal and the income therefrom, either directly or by contributions, primarily for the brown county wisconsin library. The board of directors language was changed to specify that at all times at least a majority of the directors of the organization shall be appointed by the greater green bay community foundation.”

“Greater green bay community foundation has the right to designate at all times a majority of the b.c.l. Foundation, inc. Board of directors.”

“B.c.l. Foundation, inc.'s board treasurer and secretary and president reviews the form 990 before it is filed with the internal revenue service.”

“Each member of the board shall disclose to the board of directors any possible conflict of interest pertaining to a matter being considered by the board. Any director having a conflict of interest on any matter shall abstain from voting on the matter and shall not be counted in determining the quorum for the vote on the matter. In addition, he or she shall not use his or her personal influence on the matter, but may briefly state his or her position on the matter and may answer pertinent questions from other directors. He or she shall temporarily leave the room and not be present for any vote on any matter to which such conflict of interest pertains. The minutes of the meeting involving any such situation shall reflect that a disclosure was made, the abstention from voting and the quorum situation. If a director is uncertain as to whether he or she has a conflict of interest which requires abstention or if a director asserts that another director has such a conflict, the board, by majority vote of those present other than the board member having the possible conflict, shall decide whether abstention is required.”

“The organization makes its governing documents and conflict of interest policy available upon request. The organization does not have financial statements.”