Gates Philanthropy Partners

“Connie collingsworth, robert rosen, lisa johnsen, allan golston, and jonathan castrodale have a business relationship as employees of the bill & melinda gates foundation.”

“Gates philanthropy partners adopted amended and restated bylaws in 2022. Significant changes include the following: - conform with the new washington state nonprofit corporation act - change the term of a director from three years to one year - amend the terms of article 7 regarding indemnification of directors, officers, employees and agents, and - add article 8 regarding board action in an emergency.”

“The sole member of gates philanthropy partners is bill & melinda gates foundation.”

“Bill & melinda gates foundation, the sole member of gates philanthropy partners, has the authority to appoint and remove directors.”

“Bill & melinda gates foundation, the sole member of gates philanthropy partners, has the authority to amend the articles of incorporation, adopt a plan of merger or consolidation, authorize the sale, lease, or exchange of all or substantially all of the assets of the organization, authorize the voluntary dissolution of the organization and adoption of a plan for the distribution of the assets of the organization.”

“The form 990 is prepared by a third-party accountant. After preparation, it is reviewed in detail by the treasurer of gates philanthropy partners, and the tax team and controller of bill & melinda gates foundation, the sole member of gates philanthropy partners. A copy of the form 990 is provided to the entire board of gates philanthropy partners prior to filing with the internal revenue service.”

“All officers, directors and key employees are considered "covered persons" for the organization's conflict of interest policy, and as such, are required to annually disclose any relationships that could give rise to conflicts of interest involving the organization. In addition, any transactions between the organization and any of these individuals (or their family members or an affiliated entity) must be disclosed to the secretary. If the secretary has a potential conflict of interest, it must be disclosed to the executive director. The secretary and executive director are responsible for reviewing the annual conflict of interest disclosures and resolving any potential conflict of interests that may arise. The covered person is required to refrain from using their personal influence to encourage the organization to enter into the covered transaction. Additionally, they must not participate in any discussions regarding the covered transactions with officers, directors and employees of the organization, except to respond to requests for information. If the transaction is deemed to be reasonable by the disinterested directors (in the case of a conflict involving a director or the executive director) or executive director (in the case of a conflict involving another officer or key employee), the organization may enter into the transaction, as long as it is fair and reasonable to the organization.”

“Gates philanthropy partners did not compensate its executive director or other officers. The organization had no employees and the officers were compensated by bill & melinda gates foundation, the sole member of gates philanthropy partners. Bill & melinda gates foundation has a process to determine compensation which includes approval by independent persons, comparability data, and contemporaneous documentation.”

“The organization's governing documents and conflict of interest policy are available upon request. Gates philanthropy partners' financial statements are consolidated with bill & melinda gates foundation, and the consolidated financial statements are available at www.gatesfoundation.org.”

“Grant refund 297,436. Loss on uncollected pledge -2,600,000.”