Family Business Network USA

“Members of the Board of Directors are from families that are Members of Family Business Network USA”

“The membership of the organization is comprised of members which meet the qualifications of a Family Business Organization. This is defined as a business entity or enterprise that is substantially owned and managed by one or more family groups or sufficient business, family and ownership complexity such that such entity or enterprise ia suitable fit for the membership in the Corporation.”

“The Board of Directors are elected by Member Designees at the annual meeting of the Members. Board members may be removed by the vote of the Member Designees at the annual meeting of the Members.”

“he 990 was reviewd by the Executive Director and the Chairman of the Board of Directors, and sent to the the full Board of Directors prior to filing.”

“Governing documents are not made available to the general public.”

“Marketing:Program Service - $32,647Mgmt and General - $ 9,328Fundraising - $ 4,664Contract Services:Program Service - $28,971Mgmt and General - $ 8,277Fundraising - $ 4,139 Audit and Tax Prep:Program Service - $ 733Mgmt and General - $ 209Fundraising - $ 105Total Line 11g = $89,073”

“Line 1 - Description of Organization Mission continued:and events, by providing training materials on a wide array of topics to its members, and by providing members with a forum to ask questions and trade ideas. FBN carries out its education activities through a combination of online webinars and peer groups in collaboration with other outside organizations or with another FBN chapter. FBN is one of 30 chapters of the Family Business Network-International, an international not-for-profit network. Each chapter organizes its own programs and events for education, training, and the exchange of ideas under the motto By Families for Families. The organization is membership based. Line 4a, Program Service Accomplishments continued:Programs typically run at break-even or a small loss. Membership benefits include:-Invitation to seminars and webinars with peers-Peer group participation and discussion facilitated by FBN-Regional gatherings-Webinar series accessible to members-Access to the Next Generation network-Access to Next Generation internships-Ability to draw upon the experience of a national network of successful family business”