360 Community Capital

“The sole member of the 360cc is the american council of life insurers.”

“The sole member, a related party, the american council of life insurers shall appoint all members of the organization's board of governors, including board chair and board-chair elect. In selecting nominees for the board of governors, the sole member will endeavor to assure reasonable representation of company types and geographic regions and a reasonably diverse individual representation to the extent practicable.”

“A copy of form 990 is provided to each member of the board prior to its filing with the irs.”

“The organization requires all board of governors to annually complete a conflict of interest questionnaire and disclose whether any potential conflicts might exist.”

“360cc will provide a copy of its form 990 upon request or make it available for inspection at its offices in compliance with irc section 6104(d). 360cc does not make available copies of its governing documents, conflict of interest policies or audited financial statements.”

“Including, but not limited to: (i) coordinating with community-based support organizations that understand the needs of the low-income communities to help pair the life insurance industry's long-term investment strategies with impact investment opportunities in such communities, and (ii) increase impact investments by life insurance companies in such communities by: (1) attracting government and foundation partners, (2) securing grants from entities such as the u.s. Department of housing and urban development and philanthropic organizations, (3) securing capital infusions from corporations and foundations, (4) helping sponsors, developers, and other participants develop investment opportunities in low-income communities that are attractive as investments for life insurance companies, and (5) raising funds to finance such investments.”

“Consultant: program service expenses 7,650. Management and general expenses 1,350. Fundraising expenses 0. Total expenses 9,000. Outside services: program service expenses 0. Management and general expenses 525. Fundraising expenses 0. Total expenses 525.”