To Live

“The chairperson has the authority to define the will of the board if consensus cannot be reached after a good-faith effort. However, in the history of the organization, the board has never failed to reach consensus.”

“One board member of to live has made an advance to the organization as reported in schedule l. Because the other board members have a family relationship to that member, there are no independent directors.”

“Kathleen guy and ernest loevinsohn have family and business relationships. Ernest loevinshohn and benjamin loevinsohn have a family relationship.”

“Benjamin loevinsohn, 39a chemin des vignes, 1299 crans pres celigny, switzerland”

“To live by laws require the disclosure of any actual or possible conflicts of interest. The organization has interpreted this to mean the actual or potential conflicts must be disclosed as soon as they arise. The conflict of interest policy covers all directors and officers as well as any other person who is a disqualified person as defined by a relavant internal revenue code provisions and irs regulations. The board reviews any possible conflicts except that an interested person may not be present for the discussion or decision.”

“The organization's top management official (ceo) worked as a volunteer and did not receive compensation. The same is true of the other officers.”

“26 usc sec 951 requires the organization to report on its return the subpart f income from a controlled foreign corporation. Accordingly we have shown on this line the subpart f income rather than the dividend income.”

“The chair reviewed the form and he sent the draft form and his comments to the other board members.”

“The articles of incorporation, bylaws including conflict of interest policy, and financial statements of teh organization were available upon request.”

“The organization began a global health scholarship program. The program is oriented to people studying, or shortly planning to study, for a career in the health professions who have demonstrated an interest in, and a talent for, global health work. Recipients cannot be a family member (inclidng in-law, nephew or niece, uncle or aunt, or first or second cousin) of any current or former office or director of to live.”

“To live owns the shares of a foreign company which is neither taxable nor tax-exempt in the united states. Accordingly, the organization has answered question 34 in the negative and has not filled in part 11 or part iv of schedule r.”

“To live has provided the finanicals of the controlled organization in the form 5471 and attachments. Also to ensure transparency, here ris the information that would have been provided had part iv of schedule r been filled out. Damour inc. Address: columbia center, road town, tortolla, vg 1110, british virgin islands. Bvi company domicile: british virgin islands direct controlling entity: to live type of entity: bvi business company. Share of total income is 100% of year end assets, 100% ownership. Sec 512(b) (13). To live controls damour within the meaning of 512(b) (13) (d)”