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        <ExplanationTxt>THIS 501(C)3 ENTITY HAS BEEN FORMED TO SUPPORT THE "X SCHOLARSHIP" FUND FOR HIGH SCHOOL SENIORS PARTICIPATING IN CBDA'S ANNUAL INTERNSHIP DAY PROGRAM AND TO PROVIDE GIFTS TO LOCAL NON-PROFITS. IN ADDITION TO CONTRIBUTING TO THE ENRICHMENT OF OUR COMMUNITY, ONE OF THE GOALS OF THE FOUNDATION IS TO INCREASE PUBLIC AWARENESS OF THE SCHOLARSHIP PROGRAM.</ExplanationTxt>
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        <ExplanationTxt>INFORMATION IS PUBLICLY AVAILABLE UPON WRITTEN REQUEST</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
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        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>TO ENSURE THE 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 TO DETERMINE WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARMS LENGTH BARGAINING. A VOTING MEMBER OF THE BOARD WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBERS COMPENSATION.</ExplanationTxt>
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        <ExplanationTxt>GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUESTS</ExplanationTxt>
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