Return Reference | Explanation |
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Form 990, Part VI, Line 11b: Form 990 Review Process | No review was or will be conducted. |
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | COMPENSATION PROCESS FOR TOP OFFICIALSTHE CONFLICT OF INTEREST POLICY ADOPTED BY BIU'S BOARD OF DIRECTORSREQUIRES THE APPROVAL OF TRANSACTIONS THAT MIGHT BENEFIT THE PRIVATEINTEREST OF A DIRECTOR, A CORPORATE OFFICER, THE TOP MANAGEMENT OR TOPFINANCIAL OFFICIAL, OR A KEY EMPLOYEE BY THE VOTE OF A MAJORITY OFDISINTERESTED DIRECTORS, ONLY AFTER (I) EXERCISING DUE DILIGENCE, WHICH MAYINCLUDE INVESTIGATING ALTERNATIVES THAT PRESENT NO CONFLICT, AND (II) AFINDING THAT THE PROPOSED TRANSACTION IS IN BIUS BEST INTEREST, FOR ITSOWN BENEFIT, AND IS FAIR AND REASONABLE TO BIU OR WAS IN FURTHERANCE OF ITSRELIGIOUS PURPOSES AT THE TIME THE TRANSACTION IS ENTERED INTO. ALSO, THEBOARD OF DIRECTORS OF BIU HAS ADOPTED A COMPENSATION POLICY THAT APPLIESSPECIFIC CONFLICT OF INTEREST REQUIREMENTS ON THE BOARD AND COMPENSATIONCOMMITTEE WHEN APPROVING COMPENSATION ARRANGEMENTS IN ITS BYLAWSFURTHER SET FORTH SPECIFIC CONFLICT OF INTEREST REQUIREMENTS ON THE BOARDWHEN APPROVING CONTRACTS WITH DIRECTORS. |
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | GOVERNING DOCUMENTS DISCLOSURE EXPLANATIONBIU PLANS TO MAKE ITS BRING IT UP! RADIO PROGRAM AND WEBMATERIALS AVAILABLE TO THE GENERAL PUBLIC FOR FREE. FOR LISTENERS ANDVIEWERS WHO DESIRE TO EXPAND THEIR PARTICIPATION IN BIU'S MINISTRIES BEYONDTHE SCOPE OF BIU'S RADIO PROGRAM OR WEB MATERIALS, BIU PLANS TO OFFERADDITIONAL RESOURCES ON A FREE OR LOW-COST BASIS SUCH AS LIVE EVENTS(SPEAKING EVENTS, CONFERENCES, WORKSHOPS, ETC.) AND PRINT OR VIDEO RESOURCES.AS A CHRIST-CENTERED PARACHURCH MINISTRY, BIU'S MINISTRY RESOURCES AREAVAILABLE TO THE GENERAL PUBLIC, INCLUDING CHURCHES, CHRISTIAN MINISTRIES,AND OTHER ORGANIZATIONS SEEKING FAITH-BASED RESOURCES FOR PRACTICAL LIVINGFROM THE PERSPECTIVE OF TODAY'S WOMAN.BIU'S MINISTRY RESOURCES ARE AVAILABLE TO THE GENERAL PUBLIC FOR FREE OR ONA LOW-COST BASIS. TO PROVIDE AN ENVIRONMENT THAT BEST MINISTERS TO THESPIRITUAL NEEDS OF WOMEN, CERTAIN OF BIU'S EVENTS MAY BE ORGANIZED ASWOMEN-ONLY EVENTS. |
Software ID: | 20011551 |
Software Version: | 2020v4.0 |