Return Reference | Explanation |
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Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et | THE FOLLOWING FAMILY AND/OR BUSINESS RELATIONSHIPS EXIST AMONG GOVERNORS AND OFFICERS OF THE FOUNDATION: (i) LEONARD A.LAUDER AND RONALD S.LAUDER: FAMILY AND BUSINESS RELATIONSHIP; (ii) LEONARD A.LAUDER, AND GARY M. LAUDER,: BUSINESS RELATIONSHIP;(iii) LEONARD A.LAUDER, RONALD S.LAUDER AND DR. HOWARD FILLIT: BUSINESS RELATIONSHIP;(iv) ALICE SHURE AND BONNIE PFEIFER EVANS: FAMILY RELATIONSHIP;(v)LEONARD A. LAUDER AND LADY LYNN FORESTER DE ROTHCHILD: BUSINESS RELATIONSHIP AND (VI)LEONARD A. LAUDER AND GARY M. LAUDER: FAMILY RELATIONSHIP. |
Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | THE FOUNDATION'S MEMBERS ARE THE SAME INDIVIDUALS WHO SERVE FROM TIME TO TIME AS THE FOUNDATION'S GOVERNORS. |
Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | THE FOUNDATION HAS MEMBERS WHO HAVE THE RIGHT TO ELECT AND REMOVE (WITH CAUSE) THE FOUNDATION'S GOVERNORS AND, UNDER APPLICABLE STATE LAWS, APPROVE FUNDAMENTAL CORPORATE CHANGES, SUCH AS A MERGER OR DISSOLUTION OF THE FOUNDATION. |
Form 990, Part VI, Line 11b: Form 990 Review Process | A draft of the completed Form 990 is reviewed by the Foundation's Founding Executive Director and by outside consultants, including legal counsel. The approved final Form 990 is signed by either the Foundation's Founding Executive Director or Treasurer and then a copy is provided to the Board of Governors and the Foundation's officers prior to its filing with the Internal Revenue Service. |
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | AT LEAST ANNUALLY, CONFLICT OF INTEREST DISCLOURE STATEMENTS ARE CIRCULATED TO THE BOARD OF GOVERNORS AND OFFICERS FOR REVIEW AND COMPLETION. THE COMPLETED STATEMENTS ARE THEN REVIEWED UNDER THE SUPERVISION OF A FOUNDATION OFFICER. |
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | ONLY UPON REQUEST |
Software ID: | 21013475 |
Software Version: | 2021v4.1 |