Governance & Fiduciary Accountability
Upholding Public Trust Through Lawful Stewardship and Ethical Oversight
The Global Igbo Council (GIC) is dedicated to exemplary standards of non-profit governance, legal compliance, and transparent financial stewardship. We operate exclusively for educational and charitable public benefit without regard to ethnicity, national origin, or membership.
Public Charity Designation
Classified as a publicly supported 501(c)(3) charity under Internal Revenue Code Sections 509(a)(1) and 170(b)(1)(A)(vi), with applicable State of Texas tax-exempt status.
Foundations of Public Accountability
Every dollar received and program delivered is governed by clear policies to protect donor intent and institutional longevity.
501(c)(3) Public Charity & Texas State Tax Exemption
Global Igbo Council (GIC) is recognized by the Internal Revenue Service (IRS) as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code and classified as a publicly supported organization under Sections 509(a)(1) and 170(b)(1)(A)(vi). GIC is also recognized as an exempt nonprofit corporation under the laws of the State of Texas with applicable franchise and sales tax exemptions. Contributions are tax-deductible to the fullest extent permitted by law.
Conflict of Interest Policy
GIC operates under a strict Conflict of Interest policy requiring all officers, directors, and key committee members to disclose potential conflicts and recuse themselves from deliberations where personal or commercial interests may arise.
Non-Favoritism & Objective Award Criteria
All scholarships, educational assistance, and humanitarian relief awards are governed by documented, objective criteria focused strictly on demonstrated charitable need and educational merit, with explicit safeguards against private inurement or insider benefit.
Financial Accountability & Annual Reporting
GIC maintains segregated non-profit accounts with automated bank deposits into our official treasury. We commit to annual public disclosures, internal financial controls, and timely filing of IRS Form 990 information returns.
Fiduciary Duties of the Board
The Board of Directors holds governing responsibility for GIC, ensuring all actions strictly advance our charitable charter under Texas and United States law.
Duty of Care
Directors exercise prudent judgment, active oversight of programs and budgets, and careful management of all corporate and community assets.
Duty of Loyalty
Directors place the organization's public mission above personal, commercial, or third-party interests, adhering to rigorous disclosure rules.
Duty of Obedience
Directors ensure absolute fidelity to GIC's 501(c)(3) educational and charitable purposes, bylaws, and governing statutes.
Governing Board of Directors
Leonard Okolienta (President), Sir Cosmas Ndulue Emenike (Director), Chrysantus Uzoma (Director)
Request Governance & Financial Disclosures
As a recognized 501(c)(3) public charity and State of Texas tax-exempt entity, GIC makes its organizational documentation—including our IRS Determination Letter, State of Texas exemption documentation, Certificate of Formation, bylaws, and annual Form 990 filings—available upon request for institutional due diligence and donor review.