Charity Projects Entertainment Fund

Legal / Financial Information

Financial Information

Tax exempt status

Charity Projects Entertainment Fund is exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code. Donations to Charity Projects Entertainment Fund are tax deductible to the extent provided by U.S. law.

Gift matching programs

If your workplace matches your contributions, the following may be useful for your company giving program:

Name: Charity Projects Entertainment Fund
Business address: 9720 Wilshire Blvd 4th Floor, Beverly Hills, CA 90212
Tax # (EIN): 01-0885377

Please email us at [email protected] if you have any queries.

Financial information

Charity Projects Entertainment Fund ("CPEF") is a Delaware non-profit public benefit corporation incorporated in December of 2006. CPEF will make grants to other charitable organizations especially those groups working with poverty and health in both the USA and in Africa.

On April 25, 2007, CPEF was the beneficiary of a telethon called "Idol Gives Back" produced by American Idol Productions on the Fox Channel. The event attracted over 27 million viewers and raised over $71 million in charitable contributions to CPEF. In addition to the sum of $71 million a further $5 million was paid directly by third party funders to CPEF's beneficiaries as matched giving to grants made by CPEF. The beneficiaries from "Idol Gives Back", which can be found at www.cpefund.org/beneficiaries/, included projects which were shown on-screen during the TV show and other non-profit charitable organizations especially those groups working with poverty and health both in the USA and in Africa. Of the $71 million received by CPEF, $63.4 million has been awarded as grants to beneficiaries and $5 million has been used to pay for last year's campaign and program related costs. The balance of funds is due for further consideration at the next Board meeting. At the year end fundraising and administration costs represented 5.9% of the total income in the period.

CPEF assisted American Idol Productions with a similar event on April 9, 2008, but was not be responsible for distributing the money raised. This role was played by a newly formed not for profit called Idol Gives Back Foundation.

CPEF's financial statements for the period to December 31, 2007 include revenues from Idol Gives Back of $71 million. In addition, the Idol Gives Back iniative generated a further $5 million which was paid direct by the donors to specified beneficiaries as matched funds.

Where the money goes

Please see where the money goes for information on how the money raised from Idol Gives Back 2007 will be used.

U.S. state information

Under various state solicitation regulations, we are required to inform residents of the following U.S. states that they may also contact their state’s charities registration or licensing office for further information. Please note that as the charity is newly incorporated, all information may not yet be available from such offices:

Colorado - Colorado residents may obtain copies of registration and financial documents from the office of the Secretary of State, 303.894.2680, http://www.sos.state.co.us, regarding Registration Number 20073003091.

Florida - SC NUMBER CH 22640, A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE, WITHIN THE STATE 1-800-HELP-FLA. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE.

Georgia - A full and fair description of the programs and activities of Charity Projects Entertainment Fund and its financial statements are available upon request at the address indicated above.

Michigan - MICS 37060

Mississippi - The official registration and financial information of Charity Projects Entertainment Fund may be obtained from the Mississippi Secretary of State’s office by calling 1-888-236-6167. Registration by the Secretary of State does not imply endorsement by the Secretary of State.

New Jersey - INFORMATION FILED WITH THE ATTORNEY GENERAL CONCERNING THIS CHARITABLE SOLICITATION AND THE PERCENTAGE OF CONTRIBUTIONS RECEIVED BY THE CHARITY DURING THE LAST REPORTING PERIOD THAT WERE DEDICATED TO THE CHARITABLE PURPOSE MAY BE OBTAINED FROM THE ATTORNEY GENERAL OF THE STATE OF NEW JERSEY BY CALLING 973-504-6215 AND IS AVAILABLE ON THE INTERNET AT http://www.njconsumeraffairs.gov/ocp.htm#charity. REGISTRATION WITH THE ATTORNEY GENERAL DOES NOT IMPLY ENDORSEMENT.

New York - Upon request, a copy of the latest annual report can be obtained from the organization or from the Office of the Attorney General by writing the Charities Bureau, 120 Broadway, New York, NY 10271.

North Carolina - Financial information about this organization and a copy of its license are available from the State Solicitation Licensing Branch at 1-888-830-4989. The license is not an endorsement by the State.

Pennsylvania - The official registration and financial information of Charity Projects Entertainment Fund may be obtained from the Pennsylvania Department of State by calling toll-free within Pennsylvania 1-800-732-0999. Registration does not imply endorsement.

Virginia - Financial statements for the last fiscal year are available from the State Office of Consumer Affairs, P.O. Box 1163, Richmond, VA 23218.

West Virginia - West Virginia residents may obtain a summary of the registration and financial documents from the Secretary of State, Capitol, Charleston, WV 25305. Inquiries can be made to Secretary at Charity Projects Entertainment Fund.

Terms Of Use

Welcome to www.cpefund.org and www.idolaid.com (collectively the “Website”) which are operated by or for Charity Projects Entertainment Fund, a nonprofit Delaware corporation located at 9720 Wilshire Blvd, 4th Floor, Beverly Hills, CA 90212 (“CPEF”, “we”, “our”, or “us”). CPEF is a charitable organization established to raise money and awareness to help combat extreme poverty in the United States and throughout the world, particularly in Africa. We aim to use the power of entertainment to deliver social benefits to some of the poorest, most marginalized and vulnerable people in the world. The Website is intended to enable visitors to the Website (“you” or “your”) to learn more about us and to make donations to us.

1. Use.

Please read these terms of use (the “Agreement”) carefully before accessing the Website. By accessing the Website, you acknowledge and agree that you have read this Agreement, are at least eighteen (18) years of age and are not a minor in your state of residence, and wish to be bound by the terms and conditions set forth in the Agreement. If you are not at least eighteen (18) years of age, are a minor in your state of residence or do not wish to be bound by the Agreement, you are not authorized to use this Website. Additional terms and conditions may apply to certain portions of the Website, and your use of such portions of the Website indicate your agreement to such terms and conditions. CPEF reserves the right to modify the Agreement at any time. You agree to review the Agreement periodically to be aware of such modifications. You further agree that your continued use of the Website shall be deemed to be your conclusive acceptance of any modified Agreement. We will indicate that changes to this Agreement have been made by updating the date indicated after “Last Modified” at the end of this Agreement. If you do not agree to abide by any modified version of this Agreement, you are not authorized to use this Website. A current version of the Agreement is accessible via the footer of the Website homepage.

2. Donations.

2.1 Tax Exempt Status. CPEF is a public charity recognized by the U.S. Internal Revenue Service (IRS) as tax exempt under section 501(c)(3) of the Internal Revenue Code. Donations to CPEF are tax deductible to the extent provided by U.S. law.

2.2 Donations. The Website enables you to make a donation to us by using your credit card. If you elect to make a donation through the Website, you will be asked by CPEF or an authorized third party on CPEF’s behalf to supply certain information, including without limitation, your full name, email address and credit card information. You agree to provide us or such third party with accurate, complete and current information at all times. You further agree that you are responsible for all donations made using your credit card, and that CPEF shall not be liable for any loss that results from the unauthorized use of your credit card, either with or without your knowledge.

2.3 Foreign Currency. While we do not actively solicit funds outside of the U.S., users from several countries outside of the U.S. will be able to make donations to CPEF through the Website. All donations will be processed in U.S. Dollars, but debited in the user’s local currency, based on exchange rates used by our merchant bank provider at the time the payment is processed.

3. Copyright.

All content contained on the Website, including but not limited to video, clips, photographs, text, graphics, logos, icons, images and software (collectively, “Content”), is the property of CPEF, its affiliates and/or their respective licensors and is protected by U.S. and/or international copyright laws. Any reproduction, modification, distribution, transmission, republication, display or performance of the Content contained on the Website is strictly prohibited, however, you may print copies of any Content or portion thereof contained on the Website for your personal use only. If you use material appearing on the Website contrary as set forth in the Agreement, you may be liable for infringement, misappropriation or other causes of action to the fullest extent of the law.

4. Trademarks.

Unless otherwise indicated, all names, graphics, designs, logos, page headers, button icons, scripts, commercial markings, trade dress, and service names included in the Website are trademarks of CPEF or its licensors or suppliers (collectively, the “Trademarks”) and are protected by the trademark laws of the United States and other jurisdictions. You may not use, copy, reproduce, republish, distribute, modify or post any Trademarks in any way, including in advertising or publicity pertaining to or distribution of materials on the Website, without our prior written consent. The Trademarks may not be used in any manner that is likely to cause confusion, or in any manner that disparages or discredits us.

5. Links.

CPEF and/or third parties may provide links to other websites of possible interest to you. Because we have no control over such websites, you acknowledge and agree that we are not responsible for the availability of such websites and do not endorse and are not responsible or liable for any content, advertising, services, products, or other materials on or available from such websites. You also acknowledge and agree that CPEF shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, advertising, services, products, or other materials on or available from such websites. All such websites shall be subject to the policies and procedures of the owner of such websites.

6. DISCLAIMER OF WARRANTIES.

6.1 YOU ACKNOWLEDGE AND AGREE THAT YOUR USE OF THE WEBSITE IS AT YOUR SOLE RISK. CPEF DOES NOT MAKE ANY REPRESENTATION OR WARRANTY (i) AS TO THE ACCURACY, CORRECTNESS, COMPLETENESS OR USEFULNESS OF ANY CONTENT APPEARING ON THE WEBSITE AND IS NOT RESPONSIBLE FOR ANY ERRORS OR OMISSIONS IN ANY CONTENT APPEARING ON THE WEBSITE, OR (ii) GENERALLY FOR THE ACCURACY, RELIABILITY, OR QUALITY OF ANY CONTENT APPEARING ON THE WEBSITE. CPEF IS NOT RESPONSIBLE FOR ANY FAILURES, DELAYS OR INTERRUPTIONS OF THE WEBSITE. THE WEBSITE IS PROVIDED TO YOU "AS IS" AND CPEF MAKES NO REPRESENTATION OR WARRANTY OF ANY KIND TO YOU, EITHER EXPRESS OR IMPLIED. SPECIFICALLY, CPEF DISCLAIMS ANY IMPLIED WARRANTIES OF TITLE, NON-INFRINGEMENT, MERCHANTABILITY, AND FITNESS FOR A PARTICULAR PURPOSE.

6.2 YOU ACKNOWLEDGE AND AGREE THAT UNDER NO CIRCUMSTANCES WILL CPEF BE LIABLE FOR ANY LOSS OR DAMAGE CAUSED BY YOUR RELIANCE ON CONTENT OBTAINED THROUGH THE WEBSITE OR CAUSED BY YOUR CONDUCT. CPEF DOES NOT GUARANTEE CONTINUOUS, UNINTERRUPTED OR SECURE ACCESS TO THE WEBSITE, AND THE OPERATION OF THE WEBSITE MAY BE INTERFERED WITH BY NUMEROUS FACTORS OUTSIDE OF OUR CONTROL.

7. LIMITATION OF LIABILITY.

7.1 IN NO EVENT SHALL CPEF BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENCIAL OR PUNITIVE DAMAGES, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF THE WEBSITE, INCLUDING WITHOUT LIMITATION FOR LOST PROFITS OR BUSINESS, OR ANTICIPATED LOST PROFITS OR BUSINESS, EVEN IF ADVISED OF THE POSSIBLITY OF SUCH DAMAGES. CPEF’S OR ITS AFFILIATES AGGREGATE LIABILITY TO YOU OR ANY THIRD PARTY IN ANY CIRCUMSTANCE ARISING OUT OF OR RELATED TO THE WEBSITE OR THIS AGREEMENT IS LIMITED TO $1,000.

7.2 SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENCIAL OR PUNITIVE DAMAGES. ACCORDINGLY, SOME OF THE ABOVE LIMITATIONS IN SECTIONS 6 OR 7 HEREOF MAY NOT APPLY TO YOU.

8. Indemnification.

You agree to indemnify, defend and hold CPEF harmless from any claim, expense or demand, including without limitation reasonable attorneys’ fees, made by any third party due to or arising out of your breach of this Agreement, or your violation of any law or the rights of a third party.

9. Commercial Use.

You acknowledge and agree that the Website may not be used by you directly or indirectly in connection with any commercial endeavors.

10. Privacy.

CPEF is committed to safeguarding your privacy. The terms regulating the handling of personally identifiable and other information in connection with the Website is described in our Privacy Policy, which can be found at www.cpefund.org/privacy.

11. Governing Law.

You acknowledge and agree that this Agreement shall be governed by and construed in accordance with the internal laws of the State of New York, excluding conflict of laws provisions thereof that would indicate the application of the laws of any other jurisdiction and you hereby submit to exclusive jurisdiction in the federal and state courts of New York. You agree to receive service of process through certified mail or by other means sanctioned by law, and you expressly waive any claim of improper venue and any claim that such courts are an inconvenient forum.

12. General.

If any provision of this Agreement is held to be invalid or unenforceable, such provision shall be struck and the remaining provisions shall be enforced. You agree that this Agreement may be automatically assigned by CPEF, in its sole discretion, to a third party. Section headings are for reference purposes only and in no way define, limit, construe or describe the scope or extent of such section. Our failure to act with respect to a breach by you or others does not waive our right to act with respect to subsequent or similar breaches. This Agreement, along with any other terms and conditions regulating use of the Website, sets forth the entire understanding and agreement between us with respect to the subject matter hereof. The provisions of this Agreement and any ancillary terms and conditions will survive termination or expiration to the extent necessary to carry out the intentions of the parties.

13. Contact Us.

If you have any questions or concerns regarding the Website, or if you wish to change or remove any Personal Information provided to us, please contact us by e-mail at [email protected] or write to us at Charity Projects Entertainment Fund, 9720 Wilshire Blvd, 4th Floor, Beverly Hills, CA 90212.

Last Modified: April 2007