Icicle Fund

“Mitsu iwasaki, as an employee of the trust for public land, eunice youmans, 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. Eunice youmans, as an employee of the chelan-douglas land trust, canuche terranella, 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. Phil lacey, previously an employee of icicle creek center for the arts before bcoming ed of the icicle fund in late 2024, worked in partnership with canuche terranella, an employee of wenatchee river institute. Both were directors of icicle fund. Sarah jo lightner is director of methow arts alliance and a director of icicle fund, methow arts alliance is a regular recipient of grants from the icicle fund.”

“Board members are notified that form 990 is available for review via email. 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 reviewed by the executive committee based on an annual performance review and comparable data and approved by the board of directors.”

“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: 67,634.”

“Under irc regulation section 1.263(a)-1(f), the taxpayer hereby elects to apply the deminimis safe harbor election for the short year ended december 31, 2024. Taxpayer name: icicle fund taxpayer address: 7375 icicle road, leavenworth, wa 98826 taxpayer id number: 91-1943099”