Project Purple Inc

“The founder and ceo reviews the 990 tax return upon receipt from the preparer. Once the 990 is approved internally, the 990 is forwarded to the chair of the audit committee for review. Once approved by the committee chair, the founder and ceo then signs the return.”

“Each director, principal officer and member of a committee with governing board delegated powers annually signs a statement which affirms each person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. 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. Determining whether a conflict of interest exists: after disclosure of the possible conflict of interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Procedures for addressing the conflict of interest: a. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as whether to enter into the transaction or arrangement.”

“The process for determining employee compensation applies to the compensation determination of the founder and ceo of the organization. The process includes all of these elements: 1) review and approval by the board of directors of the organization; 2) use of data as to comparable compensation; and 3) contemporaneous documentation and recordkeeping. 1) review and approval - the compensation of the founder and ceo is reviewed and approved by an appointed subcommittee of the board of directors of the organization. The compensation is then approved by the entire board of directors. Any persons with conflict of interests with respect to the compensation arrangement at issue are not involved in this review and approval. 2) use of data as to comparable compensation - the compensation of the founder and ceo is reviewed and approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. 3) contemporaneous documentation and recordkeeping - there is contemporaneous documentation and recordkeeping with respect to the deliberations and decisions regarding the compensation arrangement.”

“These documents and policies are provided upon request.”

“The mission of project purple is to raise awareness and funds toward a cure of pancreatic cancer. In addition, project purple motivates people to run in world renowned marathons and half marathons to raise mission critical funds.”

“8 of the volunteers consist of board members.”

“Research, scholarships and patient aid project purple has become a leading provider of financial aid to families battling pancreatic cancer. We offer grants to families that are battling this disease from all over the united states. We offer financial assistance with housing, utilities, medical, and we also have a miscellaneous category that has been used to cover things like gas, alternative lodging, and anything not covered in the other categories. Patients are eligible to apply once every 12 months and our typical cycle lasts anywhere from 3-4 weeks, depending on the application, if all the requirements are in good order. We require patients to submit proof of diagnosis and current protocol, photo id, previous year's tax filing, as well as any bills that they are looking for assistance with. Project purple is committed to funding critical research towards a cure and early detection of pancreatic cancer. Project purple has funded over 3,000,000 since inception for clinical and scientific research towards its mission with some of the top scientists and doctors in the united states working towards that goal. Our research approach is to assist in funding of this critical research with some of the top scientists and doctors in the united states. The scope of the many projects has ranged from immunology, early detection, basic science, clinical trials and much more.”