Biden Cancer Initiative Inc

“The form 990 was prepared by the outside accountants and reviewed by the president and vice president. All board members were provided a copy prior to filing with the irs.”

“Board members are required to disclose any conflicts on an annual basis. The organization requires that directors promptly disclose any situations or transactions that give rise to, or reasonably would be expected to give rise to, a conflict or the appearance of a conflict of interest. If an individual thinks that he or she has a conflict of interest, or something that others could reasonably perceive as a conflict of interest, the individual reports it to the board of directors (or an individual designated from time to time by the board of directors). The board of directors is responsible for discussing the situation. No director, officer or key employee may participate in any decision to determine whether he or she has a conflict of interest. Any activity or relationship which presents a conflict of interest or appears to present a conflict must be avoided or terminated unless, after full disclosure, it is determined that the activity is not harmful to the organization or otherwise improper. Employees must disclose any actual, potential or apparent conflict of interest to the president. Where appropriate, the president may require suitable remedial action, such as divestiture of adverse interests, recusal from certain decisions, or other action to avoid an appearance or existence of a conflict.”

“The president's salary is determined by the board of directors using comparative data. Staff salaries are determined by the president with consultation of the board of directors and within the structure determined by the board approved annual operating budget. The last salary review took place in july 2018.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“Compensation reported in part vii, section a agrees to the 2019 w-2 for the year-ended december 31, 2019. In july 2019, the organization suspended operations and remains dormant currently. Compensation figures for the fiscal year ended june 30, 2020 are reported in part ix.”

“Communication & website: program service expenses 904. Management and general expenses 0. Fundraising expenses 0. Total expenses 904. Other consulting: program service expenses 27,021. Management and general expenses 0. Fundraising expenses 3,754. Total expenses 30,775.”