Cbn Israel Inc.

“There are seven members of the organization.”

“The members of the organization elect all directors at each year's annual members' meeting.”

“Member approval is needed to amend the articles of incorporation, adopt a plan of merger, dissolve the entity or sell all or substantially all of the entity's assets other than in the regular course of business.”

“Cbn israel prepares a draft of the 990 which is reviewed by kpmg and then by its vice president/treasurer. The revised 990 is submitted to the board of directors for their review and approval.”

“Cbn israel, inc. Monitors compliance with its conflict of interest policy via review of annual questionnaires.”

“Cbn israel, inc. Will conduct an independent review of compensation which includes the ceo, president and all vice presidents and key employees every three years. This process includes securing comparable compensation data from an independent source, reviewing the data to ensure that the compensation is reasonable and contemporaneously documenting the deliberation and decision. Notwithstanding the foregoing, if cbn israel does not compensate any of its officers or key employees, no review of compensation shall be required.”

“Cbn israel, inc. Is included in the audited financial statements of the christian broadcasting network, inc. (cbn). Cbn israel and cbn make these audited financial statements available by providing copies on request and also by posting the statements on cbn.com.”

“Cbn israel, inc. Is a christian ministry organized for the purpose of bringing glory to almighty god. It seeks to help people in israel by both responding to immediate needs and by equipping people long term. In fy21 cbn israel helped israelis through its humanitarian aid, education projects and economic and business support activities detailed below. Humanitarian aid activities include: - providing humanitarian aid to holocaust survivors every month including home visits, cultural events and other aid as necessary. - providing aid to widows and orphans including meals, training, counseling and other support. - providing humanitarian aid as well as appliances for new immigrants to israel. - training people from local congregations to assist people in their communites by rendering aid and coaching them through difficult economic circumstances. - helping victims of terror by providing financial assistance to help with some of their disruption costs caused by terror events and with community projects in areas that have been affected by terror and conflict. Education projects include: - family financial counseling, helping families in debt to manage their finances and pay off debt. - special events for single mothers, usually before a major holiday. These events include a meal, special acivity and the distribution of food coupons. - workshops for new immigrants in which we give practical advice and provide other assistance to those adjusting to life in israel. Economic and business support activities include: - leading a seven-month business and entrepreneurship course that equips participants with the tools to start and run their businesses using biblical principles. - business mentoring in which we work with individuals and partnerships to help them with their businesses.”