Global Capital of World Peace Inc

“Form 990, Part VI, Section A, Line 6 - The sole member of the corporation is the Maharishi Global Country of World Peace Stichting, a charitable, nonprofit foundation incorporated under the laws of the Netherlands”

“The sole member of the corporation is the Maharishi Global Country of World Peace Stichting, a charitable, nonprofit foundation incorporated under the laws of the Netherlands, and the powers of the Member are limited to having the sole authority to appoint or remove members of the Board of Directors and to amend or change the articles of incorporation and bylaws of the corporation.”

“The sole member of the corporation is the Maharishi Global Country of World Peace Stichting, a charitable, nonprofit foundation incorporated under the laws of the Netherlands, and the powers of the Member are limited to having the sole authority to appoint or remove members of the Board of Directors and to amend or change the articles of incorporation and bylaws of the corporation.”

“Form 990, Part VI, Section B, Line 11b - Once the 990 has been prepared, copies are emailed to all of the directors and officers for their review. When their questions have been answered, the 990 is signed by an officer and submitted to the IRS.”

“Form 990, Part VI, Section B, Line 12c - The following is the pertinent section of the Organization's conflict of interest policy: Article VII Periodic Reviews To ensure the Organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall at a minimum include the following subjects: (a) Whether compensation arrangements and benefits are reasonable based on competent survey information, and the result of arms-length bargaining, and (b) Whether partnerships, joint ventures, and arrangements with management conform to the Organization's written policies, and are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes, and do not result in inurement, impermissible private benefit or in an excess benefit transaction. An excess benefit transaction is a transaction in which a director, officer, or major Organization donor receives an economic benefit from the organization greater than the economic benefit they have given to the Organization.”

“Form 990, Part VI, Section B, Line 15 - The following is the pertinent section of the Organization's Bylaws: 9.1 Reasonable Compensation: It is the policy of the corporation to pay no more than reasonable compensation for personal services rendered to the corporation by officers and employees. The Board of Directors must approve in advance the amount of compensation for officers of the corporation. Before approving the compensation of an officer, the Board shall determine that the total compensation to be provided by the corporation is a reasonable amount in light of the position, responsibility and qualification of the officer for the position held, including the result of an evaluation of the officer's prior performance for the corporation, if applicable. In making the determination, the Board shall consider total compensation to include the salary and the value of all benefits provided by the Corporation to the individual in payment for services. At the time of the discussion and decision concerning an officer's compensation, the officer should not be present in the meeting. The Board shall obtain and consider appropriate data concerning comparable compensation paid to similar officers in like circumstances. The only officer or director receiving compensation is the treasurer whose compensation was set at the time of his appointment in 2012 and has not changed.”

“Form 990, Part VI, Section C, Line 19 - The Articles of Incorporation, and any amendments to them, are available on the WV Secretary of State's site for review and copying. The essentials of the Profit and Loss Statement and Balance Sheet are available in the Form 990. We make available a copy of our Form 990 for inspection at the main office of the organization. No other corporate documents are available to the general public.”