African Agricultural Technology Foundation

“management of the organization and an outside us lawyer review and approve a draft of the form 990 before it is finalized by the outside preparer.”

“The conflict of interest policy requires the board members to review issues that could have led to a conflict of interest during each of the bot meetings. So far, there has been no reported incident of conflict of interest.”

“Salary scale based on salary survey with comparators conducted by independent consultant. Ceo compensation is approved by the board of trustees. Salary scale based on salary survey with comparators conducted by independent consultant. Ceo compensation is approved by the board of trustees.”

“Aatf policies are internal documents and are communicated to the public only upon request. However, some of the information, including financial statements, are regularly provided to the public through a widely distributed annual report and are also available upon request.”

“Rationale for creating AATF AATF was created because of several problems that affect agricultural development in Africa including: * The current size of Africas markets is often insufficient to attract the commercial interests of most multinational corporations offering proprietary technologies. * Those corporations tend not to be prepared to invest in establishing the necessary contacts or legal procedures, or face liabilities arising from the donated technologies. * Many public research institutions are willing to provide their technologies, but are not capable of engaging in the required downstream partnerships and procedures. * Public research organisations have little experience in delivering technologies to the private sector for production and deployment and require access to best practices. * Neither public nor private organisations in Africa have sufficient experience in promoting proprietary agricultural technology targeting resource-poor farmers. * African agribusiness firms will be unwilling to invest in producing, promoting and delivering products from new technologies to resource-poor farmers unless they have some assurance of a reasonable return on investment. Role of AATF AATF serves as an honest broker in negotiating the royalty-free transfer of technologies held by public and private organisations in industrialised and developing countries to smallholder farmers in Africa by establishing partnerships along the product value chain, and facilitating access to, development, delivery and utilisation of proprietary agricultural technologies. AATF assembles the necessary components for each project it undertakes by mobilising funding, managing the licensing of technologies, facilitating testing and regulatory approval processes, ensuring appropriate product stewardship, enforcing licence conditions, and ensuring that products actually reach farmers. Finally AATF addresses inadequate institutional resources for efficient access to, and utilisation of, proprietary technologies. Although AATF can be seen as part of wider efforts to support 'public-private partnerships' for African development, it plays a catalytic role by negotiating access to proprietary technology, supporting its adaptation, and providing stewardship for subsequent sustainable commercialization and delivery to farmers. FORM 990, PART III, LINE 2 The organization undertook a new project known as Maize Leaf Lethal Necrosis (MLN). It also partnered with International Potato Center in a new project titled "Development and testing of transgenic potato varieties with resistance to bacterial wilt using pflp and hrap genes". FORM 990, PART III, LINE 3 The organization achieved its desired objectives in the Commercial Products (COMPRO-II) Project and hence discontinued its activities during the year under review.”

“NON U.S. EMPLOYEES: ALL EMPLOYEES OF THE ORGANIZATION ARE FOREIGN (NON-U.S.) EMPLOYEES. PART I, LINE 5 IS ANSWERED WITH A TOTAL OF 55 TO PROPERLY INDICATE THE TOTAL NUMBER OF EMPLOYEES. PART V, LINE 2B IS ANSWERED WITH TOTAL OF ZERO TO PROPERLY INDICATE THAT NO FORM 1096 OR FORMS W-2 ARE FILED FOR THE FOREIGN EMPLOYEES. ANSWERED WITH TOTAL OF ZERO TO PROPERLY INDICATE THAT NO FORM 1096 OR FORMS W-2 ARE FILED FOR THE FOREIGN EMPLOYEES. FORMS W-2 ARE FILED FOR THE FOREIGN EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNMENT OF KENYA IS ENTITLED TO PROPOSE ONE MEMBER TO THE BOARD OF TRUSTEES. THIS DESIGNATED MEMBER HAS NO RIGHT TO VOTE. FROM 990, PART VI, SECTION A, LINE 9 prof. Idah Sithole-Niang P.O. MP 167, Mt. Pleasant Harare, Zimbabwe prof. Jennifer Ann Thomson PB Rondebosch 7701 SOUTH AFRICA mr. Kwame Akuffo-Akoto PMB 5320, Oyo Road, Ibadan 200001, Oyo State, Nigeria Johnson Irungu Waithaka P.O. Box 30028 Nairobi Justin J. Rakotoarisaona Jumuia Place, 1st Floor, Wing B, Lenana Road P.O. Box 2428 00202, Nairobi, Kenya Rory Radding 750 Lexington Avenue New York, New York 10022 Standford Blade 1800 Phipps McKinnon Building 10020-101A Avenue Edmonton, Alberta, Canada T5J 3G2 Larry Beach 6133 N Morgan St. Alexandria, VA 22312 McLean Sibanda P.O. Box 1 Mark Shuttleworth Street 0087, Pretoria, South Africa Dr. Ousmane Badiane 2033 K St. NW, Washington, DC 20006 Dr. Jeremy Tinga Ouedraogo BP 17204 Dakar, Sngal Prof. Dame Lesley Anne Glover Aberdeen Scotland AB24 3FX Dr. Ingrid Wuenning Tschol Heidehofstr. 31 70184 Stuttgart P.O. Box 10 06 28 70005 Stuttgart”

“NON-GAAP AUDIT: THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE PREPARED UNDER INTERNATIONAL FINANCIAL reporting STANDARDS (ifrs) AND NOT ACCORDING TO U.s. GAAP. THEREFORE, IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS, PART XII, LINE 2B AND PART IV, LINE 12 ARE ANSWERED NO.”