Natures Capital Inc

“The sole member of the company is the nature conservancy (tnc), its parent organization and supported organization.”

“Tnc, the sole member of the company, has the power to appoint, elect, and remove members of the company's governing body.”

“Per the bylaws of the company, tnc also has the power to adopt, amend, change, or repeal the company's bylaws and articles of incorporation.”

“The form 990 is prepared by cohnreznick, based on internal financial statements, and other internally generated reports from the supported organization, the nature conservancy (tnc). The form 990 is reviewed by employees of tnc and copies are provided to the full board of directors prior to filing with the irs.”

“Natures capital inc (nc) adopted a conflict of interest policy, which covers all board members, officers, and key employees of the organization (covered person). The policy acknowledges that a conflict of interest may arise by virtue of the interests of a connected party, including family members or controlled entities of a covered person, to a natures capital covered person. If a conflict of interest or a perceived conflict is identified before proceeding with the proposed activity, review and approval of either nc's board or the conflicts committee of the nature conservancy (tnc) must be obtained. In general, the board or conflicts committee recommends a course of action designed to minimize the conflict's potential adverse consequences which would include recusal of any conflicted person from voting on matters in which they have a conflict (for directors) and refraining from using nc or tnc resources for any personal gain or to benefit any other organization. A. Board, officer, and key employee certifications. All nc board members, officers, and key employees annually complete a conflict of interest and affiliations disclosure form to identify conflicts and ensure any conflicts are properly addressed and disclosed on the 990 where required. B. Board or conflicts committee review required. Either the nc board or the conflicts committee of the nature conservancy reviews and makes determinations about whether the conflict of interest can be mitigated if it cannot be avoided.”

“Natures capital inc (nc) has no employees of its own. Its officers receive compensation from a related organization, the nature conservancy.”

“Copies of the organization's form 990, exemption application, and articles of organization are available upon request. They may be viewed either in person or copies will be mailed to the requesting persons.”

“Natures capital inc (nc) is a nonprofit corporation whose sole member and supported organization is the nature conservancy (tnc). Tnc is a longstanding section 501(c)(3) public charity organized and operated for the charitable purpose of environmental conservation. Nc is organized and operated to support tnc by furthering tnc's global mission of conserving the lands and waters on which all life depends.”

“Net assets transferred from a related organization $1,932,865 on april 10, 2024, natures capital inc received a letter from the irs, confirming its tax-exempt status under 501(c)(3). As of that date, natures capital inc became the sole member of gabon blue conservation llc (gbc), a disregarded entity whose previous sole member was blue investments for nature, inc. (bin), a related organization. The net assets of gabon blue conservation, llc as of april 10, 2024, are reported as "net assets transferred" as the 2023 bin form 990 reports income and expenses for the period prior to april 10, 2024.”