TY 2019 Form 990 Schedule O

efile Public Visual Render ObjectId: 202043219349303324 - Submission: 2020-11-16 TIN: 47-4172718

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.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

GIVINGA FOUNDATION INC

Employer identification number

47-4172718

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 8B	THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD.
FORM 990, PART VI, SECTION B, LINE 11B	THE 990 IS REVIEWED BY THE ORGANIZATION'S BOARD OF DIRECTORS AND APPROVED BY THE PRESIDENT.
FORM 990, PART VI, SECTION B, LINE 12C	NO DIRECTOR, OFFICER OR KEY EMPLOYEE OF THE ORGANIZATION SHALL BE DISQUALIFIED FROM HOLDING ANY OFFICE OR POST IN THE ORGANIZATION BY REASON OF ANY INTEREST IN ANY CONCERN. A DIRECTOR, OFFICER OR KEY EMPLOYEE OF THE ORGANIZATION SHALL NOT BE DISQUALIFIED FROM ENGAGING, EITHER AS VENDOR, PURCHASER OR OTHERWISE, OR CONTRACTING OR ENTERING INTO ANY TRANSACTION WITH THE ORGANIZATION OR WITH ANY ENTITY OF WHICH THE ORGANIZATION IS AN AFFILIATE, PROVIDED, HOWEVER, THAT THE FOLLOWING PRECAUTIONS ARE UNDERTAKEN: 1. THE INTEREST OF SUCH DIRECTOR, OFFICER OR KEY EMPLOYEE IS FULLY DISCLOSED TO THE BOARD OF DIRECTORS PRIOR TO ITS ENTERING INTO THE TRANSACTION. 2. NO INTERESTED DIRECTOR, OFFICER OR KEY EMPLOYEE MAY VOTE OR LOBBY ON THE MATTER OR BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT THE MEETING OF THE BOARD OF DIRECTORS AT WHICH SUCH MATTER IS VOTED UPON. 3. ANY TRANSACTION IN WHICH A DIRECTOR, OFFICER OR KEY EMPLOYEE HAS AN INTEREST SHALL BE DULY APPROVED BY THE DISINTERESTED DIRECTORS AS BEING IN THE BEST INTEREST OF THE ORGANIZATION. THE DISINTERESTED DIRECTORS SHALL SEEK AND EXAMINE COMPARISON DATA, SHOWING THE AVAILABILITY AND PRICE OF ALTERNATIVE TRANSACTIONS, IN MAKING SUCH DETERMINATION. 4. PAYMENTS TO THE INTERESTED DIRECTOR, OFFICER, OR KEY EMPLOYEE SHALL BE REASONABLE AND SHALL NOT EXCEED FAIR MARKET VALUE. 5. THE MINUTES OF THE MEETING AT WHICH THE DISINTERESTED DIRECTORS VOTE ON THE TRANSACTION SHALL REFLECT THAT DISCLOSURE OF THE POTENTIAL CONFLICT WAS MADE, THAT THE INTERESTED DIRECTOR(S) ABSTAINED FROM VOTING, THE RATIONALE FOR APPROVAL, AND HOW EACH DISINTERESTED DIRECTOR VOTED. THE MINUTES SHALL BE PREPARED AND FINALIZED WITHIN 30 DAYS OF SUCH MEETING. DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS AT LEAST ANNUALLY.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 8B

THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD.

FORM 990, PART VI, SECTION B, LINE 11B

THE 990 IS REVIEWED BY THE ORGANIZATION'S BOARD OF DIRECTORS AND APPROVED BY THE PRESIDENT.

FORM 990, PART VI, SECTION B, LINE 12C

NO DIRECTOR, OFFICER OR KEY EMPLOYEE OF THE ORGANIZATION SHALL BE DISQUALIFIED FROM HOLDING ANY OFFICE OR POST IN THE ORGANIZATION BY REASON OF ANY INTEREST IN ANY CONCERN. A DIRECTOR, OFFICER OR KEY EMPLOYEE OF THE ORGANIZATION SHALL NOT BE DISQUALIFIED FROM ENGAGING, EITHER AS VENDOR, PURCHASER OR OTHERWISE, OR CONTRACTING OR ENTERING INTO ANY TRANSACTION WITH THE ORGANIZATION OR WITH ANY ENTITY OF WHICH THE ORGANIZATION IS AN AFFILIATE, PROVIDED, HOWEVER, THAT THE FOLLOWING PRECAUTIONS ARE UNDERTAKEN: 1. THE INTEREST OF SUCH DIRECTOR, OFFICER OR KEY EMPLOYEE IS FULLY DISCLOSED TO THE BOARD OF DIRECTORS PRIOR TO ITS ENTERING INTO THE TRANSACTION. 2. NO INTERESTED DIRECTOR, OFFICER OR KEY EMPLOYEE MAY VOTE OR LOBBY ON THE MATTER OR BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT THE MEETING OF THE BOARD OF DIRECTORS AT WHICH SUCH MATTER IS VOTED UPON. 3. ANY TRANSACTION IN WHICH A DIRECTOR, OFFICER OR KEY EMPLOYEE HAS AN INTEREST SHALL BE DULY APPROVED BY THE DISINTERESTED DIRECTORS AS BEING IN THE BEST INTEREST OF THE ORGANIZATION. THE DISINTERESTED DIRECTORS SHALL SEEK AND EXAMINE COMPARISON DATA, SHOWING THE AVAILABILITY AND PRICE OF ALTERNATIVE TRANSACTIONS, IN MAKING SUCH DETERMINATION. 4. PAYMENTS TO THE INTERESTED DIRECTOR, OFFICER, OR KEY EMPLOYEE SHALL BE REASONABLE AND SHALL NOT EXCEED FAIR MARKET VALUE. 5. THE MINUTES OF THE MEETING AT WHICH THE DISINTERESTED DIRECTORS VOTE ON THE TRANSACTION SHALL REFLECT THAT DISCLOSURE OF THE POTENTIAL CONFLICT WAS MADE, THAT THE INTERESTED DIRECTOR(S) ABSTAINED FROM VOTING, THE RATIONALE FOR APPROVAL, AND HOW EACH DISINTERESTED DIRECTOR VOTED. THE MINUTES SHALL BE PREPARED AND FINALIZED WITHIN 30 DAYS OF SUCH MEETING. DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS AT LEAST ANNUALLY.

FORM 990, PART VI, SECTION C, LINE 19

THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN 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) 2019

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