Ife Foundation

“Form 990 is presented to board members and organization's attorney for review prior to signature by the president.”

“President reviews conflict policy individually with board members at periodic intervals.”

“Directors and officers are not compensated; the organization has no employees. Administrative and accounting assistance is provided by contractors all of whom are independent and disinterested persons and whose fees are approved by the board of directors.”

“Public availability:form 990, form 1023, and irs determination letter are publicly available. Other governing documents, policies, and financial statements are not available to the public.”

“1. To further charitable purposes by charitable grant making; provided that all such grants shall be made to organizations or entities exempt from federal income tax under section 501(c)(3) of the code.2. To accept, hold, invest, reinvest and administer any gifts, bequests, devises, benefit of trusts and property of any kind and nature whatsoever, without limitation as to the nature or value thereof and to use, disburse or donate the income or principal thereof for charitable purposes.3. To acquire, own, manage, develop, rehabilitate, sell, lease, encumber, or transfer real or personal property in connection with or incidental to charitable purposes.4. To participate in charitable arrangements of all kinds to the extent permitted by law and to act as trustee, or in any other capacity, with respect to any such arrangement. 5. To do everything necessary or incidental for charitable purposes not forbidden by the colorado revised nonprofit corporation act and to be irrevocably dedicated to and operated exclusively for charitable and nonprofit purposes.”