Step 10: Governing Body

Select “YES!” to certify the statement below.

YES!
I certify that an active and responsible governing body, whose members have no material conflict of interest and a majority of whom serves without compensation, directs the organization named in this application.

For the majority of the board to be considered uncompensated, less than 50% of the people marked as either Institutional trustee or Individual trustee or director in column C of Part VII may have any compensation showing in columns D, E or F. If 50% or more have any compensation in those columns, the majority of the board is not considered uncompensated.

Enter number of Individual and/or Institutional Trustees reported on Part VII, Column C of the IRS Form 990 or pro forma IRS Form 990 submitted on Step 8.

Enter number of Voting Members of the Board reported on Part I, Line 3 of the submitted IRS Form 990 or pro forma IRS Form 990 submitted on Step 8

If the number of individual and/or institutional trustees is fewer than the number of voting members, an explanation for the discrepancy must be provided below. If the organization is required to submit an IRS Form 990 to the IRS, the organization may need to make the corrections in the document and then amend it with the IRS before submission with the CFC application. A previously filed tax return that was edited but not amended with the IRS will not be accepted.

Explanation of discrepancy (1000 characters max)

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APPLICATION STEPS

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