TY 2020 Form 990 Schedule O

efile Public Visual Render ObjectId: 202220319349301657 - Submission: 2022-01-31 TIN: 56-2110357

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

2020

Open to Public
Inspection

Name of the organization

WNC BRIDGE FOUNDATION

Employer identification number

56-2110357

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 1	THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR OF THE BOARD OF DIRECTORS, THE IMMEDIATE PAST CHAIR OF THE BOARD OF DIRECTORS, THE CHAIR ELECT, THE TREASURER, THE SECRETARY, THE PRESIDENT, ONE MEMBER AT LARGE, THE CHAIR OF THE GRANT COMMITTEE, THE CHAIR OF THE FINANCE COMMITTEE, AND THE CHAIR OF THE DEVELOPMENT COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HOLD MEETINGS AS DEEMED NECESSARY. MEETINGS OF THE EXECUTIVE COMMITTEE SHALL BE CALLED BY THE CHAIR OR AT THE REQUEST OF ANY MEMBER OF THE COMMITTEE. IT SHALL HAVE THE POWER TO TRANSACT ALL REGULAR BUSINESS OF THE ORGANIZATION DURING THE INTERIM BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, UNLESS PROHIBITED BY THE ARTICLES OR BY THEIR BYLAWS, OR BY RESOLUTION OF THE BOARD OF DIRECTORS. IN NO EVENT SHALL THE EXECUTIVE COMMITTEE HAVE THE POWER TO DISSOLVE THE ORGANIZATION OR AMEND THE ARTICLES OR THE BYLAWS. ALL ACTIONS OF THE EXECUTIVE COMMITTEE ARE TO BE REPORTED AT THE NEXT REGULAR MEETING OF THE BOARD OF DIRECTORS. MINUTES OF ALL MEETINGS OF THIS COMMITTEE SHALL BE KEPT AND RECORDED IN THE MINUTE BOOK OF THE ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 11B	THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS IS TASKED WITH REVIEWING AND APPROVING FORM 990 PRIOR TO THE RETURN BEING PRESENTED TO THE BOARD OF DIRECTORS. THE DRAFT IS SENT TO THE FINANCE COMMITTEE FOR APPROVAL.
FORM 990, PART VI, SECTION B, LINE 12C	A CONFLICT OF INTEREST DISCLOSURE IS SENT TO EACH NEW BOARD AND/OR GOVERNANCE COMMITTEE MEMBER AND TO ALL BOARD MEMBERS ON AN ANNUAL BASIS. THIS INFORMATION IS SUPPLIED BY EACH BOARD AND/OR GOVERNANCE COMMITTEE MEMBER, SIGNED AND DATED, AND RETURNED TO THE PRESIDENT'S OFFICE TO BE FILED IN THE CORPORATION'S PERMANENT FILES.
FORM 990, PART VI, SECTION B, LINE 15	THE COMPENSATION COMMITTEE ANNUALLY REVIEWS LEADERSHIP COMPENSATION AND UTILIZES A MARKET SURVEY. THE COMPENSATION COMMITTEE CONSISTS OF THE BOARD CHAIR, IMMEDIATE PAST BOARD CHAIR, CHAIR OF THE FINANCE COMMITTEE, AND ONE OTHER MEMBER OF THE EXECUTIVE COMMITTEE.
FORM 990, PART VI, SECTION C, LINE 18	THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST AND ONLINE AT WWW.GUIDESTAR.ORG.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:	INTEREST RATE SWAP -183,086.
FORM 990; PART XII; LINE 2C	NO CHANGE FROM PRIOR YEAR.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 1

THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR OF THE BOARD OF DIRECTORS, THE IMMEDIATE PAST CHAIR OF THE BOARD OF DIRECTORS, THE CHAIR ELECT, THE TREASURER, THE SECRETARY, THE PRESIDENT, ONE MEMBER AT LARGE, THE CHAIR OF THE GRANT COMMITTEE, THE CHAIR OF THE FINANCE COMMITTEE, AND THE CHAIR OF THE DEVELOPMENT COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HOLD MEETINGS AS DEEMED NECESSARY. MEETINGS OF THE EXECUTIVE COMMITTEE SHALL BE CALLED BY THE CHAIR OR AT THE REQUEST OF ANY MEMBER OF THE COMMITTEE. IT SHALL HAVE THE POWER TO TRANSACT ALL REGULAR BUSINESS OF THE ORGANIZATION DURING THE INTERIM BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, UNLESS PROHIBITED BY THE ARTICLES OR BY THEIR BYLAWS, OR BY RESOLUTION OF THE BOARD OF DIRECTORS. IN NO EVENT SHALL THE EXECUTIVE COMMITTEE HAVE THE POWER TO DISSOLVE THE ORGANIZATION OR AMEND THE ARTICLES OR THE BYLAWS. ALL ACTIONS OF THE EXECUTIVE COMMITTEE ARE TO BE REPORTED AT THE NEXT REGULAR MEETING OF THE BOARD OF DIRECTORS. MINUTES OF ALL MEETINGS OF THIS COMMITTEE SHALL BE KEPT AND RECORDED IN THE MINUTE BOOK OF THE ORGANIZATION.

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

THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS IS TASKED WITH REVIEWING AND APPROVING FORM 990 PRIOR TO THE RETURN BEING PRESENTED TO THE BOARD OF DIRECTORS. THE DRAFT IS SENT TO THE FINANCE COMMITTEE FOR APPROVAL.

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

A CONFLICT OF INTEREST DISCLOSURE IS SENT TO EACH NEW BOARD AND/OR GOVERNANCE COMMITTEE MEMBER AND TO ALL BOARD MEMBERS ON AN ANNUAL BASIS. THIS INFORMATION IS SUPPLIED BY EACH BOARD AND/OR GOVERNANCE COMMITTEE MEMBER, SIGNED AND DATED, AND RETURNED TO THE PRESIDENT'S OFFICE TO BE FILED IN THE CORPORATION'S PERMANENT FILES.

FORM 990, PART VI, SECTION B, LINE 15

THE COMPENSATION COMMITTEE ANNUALLY REVIEWS LEADERSHIP COMPENSATION AND UTILIZES A MARKET SURVEY. THE COMPENSATION COMMITTEE CONSISTS OF THE BOARD CHAIR, IMMEDIATE PAST BOARD CHAIR, CHAIR OF THE FINANCE COMMITTEE, AND ONE OTHER MEMBER OF THE EXECUTIVE COMMITTEE.

FORM 990, PART VI, SECTION C, LINE 18

THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST AND ONLINE AT WWW.GUIDESTAR.ORG.

FORM 990, PART VI, SECTION C, LINE 19

THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST.

FORM 990, PART XI, LINE 9:

INTEREST RATE SWAP -183,086.

FORM 990; PART XII; LINE 2C

NO CHANGE FROM PRIOR YEAR.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2020

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