Common use of Periodic Reviews Clause in Contracts

Periodic Reviews. To ensure the Organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. b. Whether partnerships, joint ventures, and arrangements with management organizations conform to the Organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.

Periodic Reviews. To ensure that the Organization organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, are based on competent survey information, and are the result of arm's length bargaining. b. Whether partnerships, joint ventures, and arrangements with management organizations conform to the Organizationorganization's written policies, are arc properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes purposes, and do not result in inurement, impermissible private benefit benefit, or in an excess benefit transaction.

Periodic Reviews. To ensure the Organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether : (a) whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. b. Whether , and (b) whether partnerships, joint ventures, and arrangements with management organizations conform to the Organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.

Periodic Reviews. To ensure that the Organization corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. (a) Whether compensation arrangements and benefits are reasonable, based on competent survey information, information and the result of arm's ’s length bargaining. b. (b) Whether partnerships, joint ventures, and arrangements with management organizations corporations conform to the Organization's corporation’s written policies, are properly recorded, reflect reasonable investment or payments for the goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.

Periodic Reviews. To ensure the Organization corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's arm's-length bargaining. b. Whether partnerships, joint ventures, and arrangements with management organizations conform to the Organizationcorporation's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes purposes, and do not result in inurement, impermissible private benefit benefit, or in an excess benefit transaction.

Periodic Reviews. To ensure the Organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. : Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's ’s length bargaining. b. . Whether partnerships, joint ventures, and arrangements with management organizations conform to the Organization's ’s written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.