Icicle Fund

“David Patton, as an employee of the Trust for Public Land, Curt Soper, as an employee of the Chelan-Douglas Land Trust, and James Schroeder, as an employee of The Nature Conservancy, routinely conduct land transactions and work together on capital campaigns. All are directors of Icicle Fund. Curt Soper, as an employee of the Chelan-Douglas Land Trust, Carolyn Griffin-Bugert, as an employee of the Wenatchee River Institute, and James Schroeder, as an employee of The Nature Conservancy, routinely work in partnership together on various education, acquisition and stewardship programs. All are directors of Icicle Fund. Curt Soper and David Patton are directors of Washington Association of Land Trusts. Both are directors of Icicle Fund. Paul Kundtz and David Patton are directors of Washington Wildlife and Recreation Coalition. Both are directors of Icicle Fund. Rebecca Ryker, an employee of Icicle Creek Center for the Arts, works in partnership with Carolyn Griffin-Bugert, an employee of Wenatchee River Institute. Both are directors of Icicle Fund.”

“Harriet Bullitt, a member of the board, has the right to designate remaining board members during her life. After her death, the remaining board members shall be designated by a majority of the other board members. At least one of such members shall be a resident of the Wenatchee River watershed down to and including the Mission Creek Valley and the Nahahum Canyon. If there are nine or more members, one shall be a person with business experience, selected by a majority of the members.”

“Board members are notified that Form 990 is available for review on the Icicle Fund website page for board members. They are also told the date of expected submission and are asked for comments and/or corrections prior to that date.”

“Upon appointment, members are required to sign a conflict of interest statement that says the member has received a copy of the conflict of interest policy, has read and understands the policy, agrees to comply with the policy, and understands that failure to do so may jeopardize the Icicle Fund's public charity status. In addition, the policy requires that a periodic review be conducted that, at a minimum, considers whether transactions conform to the Icicle Fund's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do no result in inurement, impermissible private benefit or in an excess benefit transaction. Members receive and review a copy of the conflict of interest policy at an annual meeting.”

“Compensation for the executive director is determined annually by the executive committee of the board of directors. It is based on an annual performance review and comparability data made available by Exponent Philanthropy and Council on Foundations.”

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

“Icicle Fund rents facilities to Icicle Creek Center for the Arts, a supported organization.”

“Other adjustments includes a book/tax depreciation difference of: 131,818.”

“Under IRC regulation Section 1.263(A)-1(F), the taxpayer hereby elects to apply the deminimis safe harbor election for the year ended June 30, 2021. Taxpayer name: Icicle Fund Taxpayer address: 7375 Icicle Road, Leavenworth, WA 98826 Taxpayer ID number: 91-1943099”