| FORM 990, PART I, LINE 6 |
THE NUMBER OF VOLUNTEERS REPRESENTS INDEPENDENT ADVISORY COMMITTEE MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 2 |
BRICKSON DIAMOND, ANGELA CHADWICK, LORI CHATMAN, TRISTA HARRIS, SULMA ARIAS, JESSICA CARVALHO MORRIS, ROSLYN DAWSON THOMPSON, ELIZER DARRIS, MICHAEL ROBERTS, AND JACOB WELDON ARE ALSO MEMBERS OF THE TIDES NETWORK BOARD OF DIRECTORS, A RELATED ORGANIZATION TO TIDES FOUNDATION. IN ADDITION, JANIECE EVANS-PAGE, SUNEELA JAIN, HOLDEN LEE, AND JAMES LUM WERE OFFICERS OF TIDES FOUNDATION AND PROVIDE SERVICES TO TIDES FOUNDATION THROUGH THAT ORGANIZATION'S COST SHARING AGREEMENT WITH TIDES NETWORK. |
| FORM 990, PART VI, SECTION A, LINE 6 |
TIDES FOUNDATION HAS ONE SOLE MEMBER, TIDES NETWORK, A SECTION 501(C)(3) ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A |
EACH OF THE DIRECTORS OF THE TIDES FOUNDATION IS APPOINTED BY THE ORGANIZATION'S SOLE MEMBER, TIDES NETWORK. |
| FORM 990, PART VI, SECTION A, LINE 7B |
ACTION BY THE BOARD OF DIRECTORS OF TIDES FOUNDATION ON THE FOLLOWING MATTERS IS EFFECTIVE ONLY WITH THE CONSENT OF THE BOARD OF DIRECTORS OF TIDES NETWORK: (I) ANY CHANGE IN THE FUNDAMENTAL NATURE OR STATED PURPOSES FOR WHICH TIDES FOUNDATION IS ORGANIZED, (II) THE ADOPTION OF THE STRATEGIC PLANS FOR TIDES FOUNDATION, (III) THE ADOPTION OF THE ANNUAL CAPITAL AND OPERATING BUDGETS FOR TIDES FOUNDATION, (IV) MERGER, CONSOLIDATION OR SIMILAR REORGANIZATION OF TIDES FOUNDATION STRUCTURE, (V) DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF TIDES FOUNDATION; (VI) SELECTION OF THE AUDITORS OF TIDES FOUNDATION; (VII) REMOVAL OF A DIRECTOR OF THE CORPORATION WITHOUT CAUSE; AND (VIII) AMENDMENT, REPEAL OR ADOPTION OF THE ARTICLES OF INCORPORATION OR BYLAWS. TIDES NETWORK, AS THE SOLE MEMBER OF TIDES FOUNDATION, HAS THE SOLE POWER TO: (I) VOTE ON ANY AMENDMENT TO ARTICLE 4 (SOLE MEMBER) OF THESE BYLAWS, (II) THE DISSOLUTION OF TIDES FOUNDATION, PROVIDED TIDES NETWORK SHALL FIRST SOLICIT THE OPINION OF THE BOARD OF DIRECTORS OF TIDES, INC., AND (III) THE SELECTION OF CHIEF EXECUTIVE OFFICER OF TIDES FOUNDATION, AND (IV) AUTHORIZED DIRECTORS AND THE APPOINTMENT OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B |
THE FORM 990 IS PREPARED BY AN INDEPENDENT TAX ACCOUNTANT IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE AND ACCOUNTING DEPARTMENT. THE TREASURER/CFO AND LEGAL COUNSEL, AND COMPLIANCE REVIEW A DRAFT OF THE FORM 990; ADJUSTMENTS ARE MADE AS NECESSARY. THE FORM 990 IS THEN SENT TO THE AUDIT RISK COMMITTEE FOR REVIEW PRIOR TO FILING. A COMPLETE COPY OF THE FORM 990 IS THEN PROVIDED TO THE MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C |
UNDER THE TERMS OF THE CONFLICT OF INTEREST POLICY, COVERED INDIVIDUALS, INCLUDING OFFICERS AND MEMBERS OF THE BOARD OF DIRECTORS, CENTER ADVISORY BOARDS, AND DESIGNATED STAFF ARE REQUIRED TO SUBMIT CONFLICT OF INTEREST DISCLOSURE STATEMENTS AT THE TIME A PERSON BECOMES A COVERED INDIVIDUAL AND ANNUALLY THEREAFTER. THE POLICY REQUIRES COVERED INDIVIDUALS TO PERIODICALLY UPDATE THE CONFLICT OF INTEREST STATEMENT AS MATERIAL FACTS CHANGE, AS WELL AS MAKE VERBAL AND/OR WRITTEN DISCLOSURES OF POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE. AT ANY TIME THAT A POTENTIAL OR ACTUAL CONFLICT OF INTEREST IS IDENTIFIED, DISCLOSURE MUST BE MADE TO THE BOARD OF DIRECTORS, THE APPROPRIATE COMMITTEE, OR STAFF (DEPENDING ON THE NATURE OF THE POTENTIAL OR ACTUAL CONFLICT). PRIOR TO ACTING ON ANY MATTER WHERE A POTENTIAL OR ACTUAL CONFLICT IS IDENTIFIED WITH RESPECT TO AN OFFICER OR MEMBER OF THE BOARD, THE CONFLICT AND ALL MATERIAL FACTS RELATED TO IT MUST BE FULLY DISCLOSED BY THE COVERED INDIVIDUAL TO THE BOARD PRIOR TO CONSIDERATION OF THE PROPOSED MATTER. IF THE BOARD DETERMINES A CONFLICT OF INTERESTS EXISTS, THE COVERED INDIVIDUAL, IF REQUESTED TO DO SO BY THE CHAIR OF THE BOARD, MAY PROVIDE ADDITIONAL FACTUAL INFORMATION REGARDING THE AFFECTED TRANSACTION, BUT MAY NOT PARTICIPATE IN OR ATTEMPT TO INFLUENCE DELIBERATION AND VOTING. THE COVERED INDIVIDUAL MUST BE EXCUSED FROM THE MEETING PRIOR TO DELIBERATION, AND MAY NOT RETURN UNTIL DELIBERATION AND VOTING ON THE MATTER HAVE BEEN CONCLUDED. THE POLICY PROVIDES FOR SIMILAR PROCEDURES FOR ADVISORY COMMITTEES TO ADDRESS MATTERS THAT ARE DECIDED AT THE ADVISORY COMMITTEE LEVEL. IF QUESTIONS ARISE WITH RESPECT TO THE POLICY OR PROCEDURES FOR DISCLOSING A POTENTIAL OR ACTUAL CONFLICT, THE MATTER MAY BE REFERRED TO HUMAN RESOURCES OR THE LEGAL, COMPLIANCE AND RISK DEPARTMENT FOR REVIEW AND RESOLUTION CONSISTENT WITH THE POLICY. IN THE EVENT OF A DELAY IN COLLECTION OF DISCLOSURE STATEMENTS, THE ORGANIZATION TAKES STEPS TO ADDRESS SO THAT THE FORMS ARE BROUGHT UP TO DATE. |
| FORM 990, PART VI, SECTION B, LINE 15 |
THE CEO, OFFICERS, AND KEY EMPLOYEES OF THE ORGANIZATION ARE ALL COMPENSATED BY TIDES NETWORK, A RELATED ORGANIZATION AND SUCH PERSONS' LEGAL EMPLOYER. THROUGH A COST SHARING ARRANGEMENT, TIDES FOUNDATION PAYS TIDES NETWORK AN ALLOCATED PORTION OF SUCH PERSONS' TOTAL COMPENSATION. AS SUCH, FORM 990, PART VI, SECTION B, LINES 15A AND 15B HAVE BEEN MARKED "NO", AS PROVIDED BY THE FORM 990 INSTRUCTIONS. PLEASE REFERENCE THE DISCLOSURE IN SCHEDULE O OF THE TIDES NETWORK FORM 990 FOR A DISCUSSION REGARDING HOW COMPENSATION IS DETERMINED FOR THESE INDIVIDUALS. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE FINANCIAL STATEMENTS ARE PROVIDED ON THE ORGANIZATION'S WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT GENERALLY PROVIDED. |