Collective Change Lab Inc.

“The members of the corporation shall be the directors thereof, who shall initially be nominated and elected by the incorporator immediately upon the incorporation of the corporation, and who shall act as the members and directors of the corporation until the election of their successors as provided in these bylaws.”

“The directors shall be elected at the annual meeting of the members”

“The organization only has the board, not separate committees currently.”

“When the form 990 is complete, it is sent to the executive director and bookkeeper, for review. If any changes are required, they are made at this time. The executive director then forwards the form 990 to the full board with his recommendation to approve. The full board does an additional review and, if there are no objections or additional changes, it is approved and filed.”

“Each director, member of a committe with powers delegated by the board of directors, principal officer, member, employee having responsiblities similar to a director or principal officer, substantial donor to the corporation, or any person in a position to exercise substantial influence over the affairs of the corporation shall, upon first ascending to such office or position, and then annually thereafter, sign an acknowledgement form, which affirms that the person: has received a copy of the conflict of interest policy, has read and understands the conflict of interest policy, has agreed to comply with the conflict of interest policy, and understands the corporation is a social welfare organization and in order to maintain its fedearl tax exemption the corporation must engage primarily in activies which accomplish one or more of its tax-exempt purposes. Persons subject to this policy are also required to complete a confict of interest disclosure statement, and to update the disclosure statement immediately following any change in the information requested on the disclosure statement.”

“The purpose of the whistleblower policy is to encourage all directors, members, officers, employee, consultants and volunteers of the organization to report without fear of reprisal any concerns that are reasonable and made in good faith relating to the organizations's financial, accounting, or audit matters, or to violations of any law.”

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

“The initial contribution of $500,000 received by the organization was received from a donor advised fund set up by a relative of a board member. This does not qualify for schedule l transaction because the donation was not directly from the related party.”

“The board assumes responsibility for oversight of the audit and selection of an independent accountant.”