Caribbean Consolidated Schools Trust

“The trust governing board should be comprised by the president, the headmaster, and the treasurer of commonwealth-parkville school, and two individuals of good standing in the community and residents of puerto rico elected by the majority vote by the members of the board of directors of ccsi.”

“The treasurer or member of finance committee of the board of directors will review the report along with the finance director.”

“Each year in the annual board retreat each member of the governing body must submit an updated duly signed conflict of interest form.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public in the following manners: governing documents: documents of a public nature are posted on the commonwealth-parkville school website (www.cpspr.org), the trust holding co. Conflict of interest policy: the policy is listed in the board policy manual and is distributed to all current members of the boards of director. Financial statements: the financial statements are presented each november during the annual meeting of parents by the members of the boards of directors. Members of the board of director are given full financial accounts bi-monthly at regularly scheduled boards meetings. Each member is issued a financial statement from the auditors and its accompanying management letter.”

“To generate revenues derived from the investment and fund raising activities to fund scholarships for students that satisfy the intellectual and moral criteria and/or meet the requirements established by the board of directors to become students of commonwealth-parkville school, a tax exempt organization under the sec. 501(c)(3).”