Cultural Bridges Inc

“Directors robert belasco and nicholas belasco have a family relationship. Directors nicholas belasco and dan fujita were simultaneously on the board of directors of other organizations.”

“A draft of the form was given to and reviewed by each board member. Subsequently it was discussed among the board members prior to its filing.”

“The organization's conflict of interest policy requires that the board of directors discuss and approve transactions in which there may be a conflict of interest. The policy applies to the organization's directors and officers and their family members. Interested persons are prohibited from lobbying the board in regard to the particular transaction and from voting on its approval. The organization consults with outside experts and counsel on transactions that may constitute a conflict of interest.”

“The organization's governing documents, conflict of interest policy, and financial statements are kept in organization's records and copies of them will be shared upon request.”

“The organization was incorporated in 2017 as a Pennsylvania nonprofit corporation with the purpose of stimulating interest in classical music and broadening the public's exposure to unique artists and programs. The organization presented concerts in 2018 and 2019. However, due to the effects of the COVID-19 pandemic, it did not present any concerts in 2020 and 2021. Management's goal is to create a concert producing and presenting organization operating at an international level, which will be capable of presenting concerts in multiple countries and environments. This will require a more elaborate organizational structure and a knowledge of the traditions, market characteristics, operating conditions, and legal requirements of other localities and jurisdictions. Thus, in 2021, management decided that the present organization would dedicate itself to carrying out the research and preparatory work necessary to realize the aforementioned goal and that the present organization would not resume presenting concerts, but rather that such activities would be carried out by a new 501(c)3 organization to be incorporated in Delaware. At the conclusion of the aforementioned preparatory work, the present organization will be dissolved. The new organization, however, will technically not be a "successor organization" insofar as it will not significantly take over the assets or liabilities of the present organization, nor will it take over any outstanding contracts or activities.”