Waterequity Inc.

“Waterequiy, inc. Contracted with water.org to provide various management, accounting, financial, and adminstrative services as needed by waterequity, inc.”

“An independent accounting firm prepared and reviewed the form 990. A full draft of the 990 along with all required schedules is then provided to internal management and outside legal counsel for review. All questions are addressed and any modifications are made, if necessary. The final form 990 along with all required schedules is then provided to the board prior to filing with the IRS.”

“In order to assist waterequity, inc. In identifying potential covered transactions, each covered person annually shall complete a conflict of interest questionnaire provided by waterequity, inc., and shall update such questionnaire as necessary to reflect changes during the course of the year. Questionnaires shall be submitted to waterequity's legal counsel who shall be responsible for their custody. Completed questionnaires shall be available for inspection by any board member, and may be reviewed by waterequity's legal counsel. When a covered person becomes aware of a proposed covered transaction, he or she has a duty to take the following actions: a) immediately disclose the existence and circumstances of such covered transaction to waterequity's board in writing; b) refrain from using his or her personal influence to encourage waterequity to enter into the covered transaction; and c) physically excuse himself or herself from any discussions regarding the covered transaction except to answer questions, including board discussions and decisions on the subject. Waterequity may enter into a covered transaction where a) such transaction does not constitute an act of self dealing, and b) the board determines, acting without the participation or influence of the covered person and based on comparable market data, that such transaction is fair and reasonable to waterequity. The board shall document the basis for this determination in the minutes of the meeting at which the covered transaction is considered, and shall consult with waterequity's legal advisor as necessary to ensure that the transaction does not constitute an act of self dealing.”

“The board reviewed and approved employee compensation based on their industry knowledge and familiarity with Water.org. However, there were no official compensation studies or tests used to complete that review.”

“Governing documents, conflict of interest policy, and financial statements are available to the public upon request.”