Bbyo Fund for the Future Inc.

“The fund's sole member is bbyo, inc.”

“The member has the ability to appoint and remove the board of the fund.”

“The organization does not have any committees that act on behalf of the governing body.”

“The form 990 was prepared by the independent accountants and reviewed by senior management. A copy of the return was sent to the full board for review before filing with the irs.”

“Annually, each director, officer, and employee completes a disclosure form identifying any relationships, positions or circumstances in which s/he is involved that he or she believes could contribute to a confilct of interest. Prior to board action on a contract or transaction involving a conflict of interest, a director or member having a conflict of interest and who is in attendance at the meeting discloses all facts material to the conflict of interest. Such disclosure are reflected in the minutes of the meeting. If board members are aware that staff or other volunteers have a conflict of interest, relevant facts are disclosed by the board member or by the interested person him/herself if invited to the board meeting as a guest for purposes of disclosure. A director or member who plans not to attend a meeting at which he or she has reason to believe that the board will act on a matter in which the person has a conflict of interest discloses to the chair of the meeting all facts material to the conflict of interest. The chair reports the disclosure at the meeting and the disclosure is reflected in the minutes of the meeting. A person who has a conflict of interest does not participate nor be permitted to hear the board's discussion of the matter except to disclose material facts and to respond to questions. The interested person will not attempt to exert his or her personal influence with respect to the matter, either at or outside the meeting. A person who has a conflict of interest with respect to a contract or transaction that will be voted on at a meeting will not be counted in determining the presence of a quorum for purposes of the vote. The person having a conflict of interest may not vote on the contract or transaction and will not be present in the meeting room when the vote is taken, unless the vote is by secret ballot. Such person's ineligibility to vote will be reflected in the minutes of the meeting. Interested persons who are not members of the board of directors, or who have a conflict of interest with respect to a contract or transaction that is not the subject of board action, will disclose to their supervisor, or the chair, or the chair's designee, any conflict of interest that such interested person has with respect to a contract or transaction. Such disclosure is made as soon as the conflict of interest is known to the interested person. The interested person refrains from any action that may affect the organization's participation in the contract or transaction. In the event it is not entirely clear that a conflict of interest exists, the individual with the potential conflict discloses the circumstances to his or her supervisor or the chair or the chair's designee, who determines whether full board discussion is warranted or whether there exists a conflict of interest that is subject to this policy.”

“The day-to-day activities of the organization are run by a non-compensated board of directors.”

“The governing documents, conflict of interest policy, and financial statements are made available on a case-by-case basis, subject to the discretion of the organization.”