SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2017
Open to Public
Inspection
Name of the organization
BANYAN INVESTMENT CORPORATION
 
Employer identification number

47-5245046
Return Reference Explanation
FORM 990, PAGE 6, PART VI, LINE 8B THE ORGANZIATION DOES NOT HAVE ANY COMMITTEES WHICH HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE OF BANYAN FOUNDATION (NOTE THAT BIC BOARD MEMBER IS ON THIS FINANCE COMMITTEE) AND THEN TO THE BIC BOARD OF DIRECTORS. THE FINANCE COMMITTEE MEETS WITH THE INDEPDENDENT AUDITOR TO REVIEW AND ASK QUESTIONS. THE FINANCE COMMITTEE MAKES A RECOMMENDATION TO THE BIC BOARD OF DIRECTORS TO APPROVE THE 990 AND THE BIC BOARD APPROVES AND FILES THE FORM.
FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST (COI) STATEMENT IS READ AT THE START OF EACH BOARD OF DIRECTOR MEETING. ISSUES ARE RAISED, DISCUSSED AND MEMBER IS RECUSED FROM VOTING IF NECESSARY. IF THERE ARE NO CONFLICTS, THE MEETING PROCEEDS. THERE IS AN ANNUAL REVIEW AND RENEWAL OF COI STATEMENTS FOR ALL OFFICERS AND DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS WILL BE MADE AVAILABLE UPON REQUEST.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2017


Additional Data


Software ID:  
Software Version: