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Form Example Attachments 1023 for Kansas City Missouri: What You Should Know
The Fund intends to identify and invest in promising innovative technologies and institutions that are working toward reducing risks associated with environmental degradation or other issues. The Fund intends to invest in emerging approaches to environmental governance, including citizen participation, and to provide grants to support environmental initiatives for the public good. The Fund intends to invest in technology solutions that promote sustainable and clean consumption of resources, regardless of the nature of the resource used. The Fund intends to make grants to organizations to support activities to address the problem of climate change. The Fund and the Executive Committee plan to engage in public conversations on relevant and meaningful issues related to global environmental issues, including climate change, such as forest and biodiversity destruction, environmental pollution, pollution of our food and water supply, biodiversity loss, destruction of ecosystem services and more. Involuntary Contributory Fractions (CFS) The Fund intends to invest in or acquire an obligation issued by the Fund's employees, agents or contractors within the meaning of Section 475 of the US Internal Revenue Code (“Code”) or pursuant to the terms of a written contract with a bank or other financial institution in which the Fund has any beneficial interest. The Fund will not issue CFS that are exempt from tax by reason of Section 408 of the Code. The Fund expects to engage in or adopt a policy or course of conduct that is inconsistent with the purpose of the IRS Form 1023. The IRS would expect that a Fund with more than ten (10) employees would have a separate written policy for voluntary compliance with the terms of the Form 1023. A separate IRS Form 1023 and a separate policy for the Fund's voluntary compliance would be necessary for each contributor. The IRS may not treat the existence of a separate policy as a requirement for IRS approval of an exemption application or for filing a Form 1023. The Fund expects to make tax-deductible contributions or payments to an IRA. The Fund intends to make contributions to any qualified public charity. The Fund intends to provide voluntary matching contributions of at least 2% of the total income from the Fund to a qualified public charity. The Fund will report the contributions to the Form 990, income tax return of the individual who made such matching contributions.
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